Flori Marquez, the co-founder and senior vice president of operations at BlockFi, shared his remarkable predictions about what awaits the cryptocurrency markets next year. First of all, Marquez’s FOMO (Fear of Missing Out) expects it to be the main factor that will drive Bitcoin adoption in the coming year:
“As we look to 2022, I think we’re really going to see three things. First, we’ll see more people across the US turn to this space for the first time. I think that will create a great fear of missing out (FOMO).”
FOMO is psychologically known as the worry/fear of missing out on opportunities. Not being able to catch any innovation and opportunity is also defined as overlook..
Secondly, Marquez believes the market will see a “business-trend shift”. According to Marquez, the pandemic has caused many professionals to abandon their previous positions and seek more prosperous job opportunities. Considering that many people have changed jobs due to the Covid-19 pandemic, the crypto and fintech sectors have become extremely attractive to everyone. This factor can positively affect the cryptocurrency market.
Ultimately, as the third catalyst, Marquez noted some clarity in the crypto space that could be experienced next year. Marquez states that if the US authorities manage to solve the problem, investors and companies will feel much safer to enter the market.
“I think we’re going to see some regulatory clarity in 2022. In order for this sector to continue its development, hard work has been carried out with the regulators. I am hopeful that the regulations will be clarified next year.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.