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Author Topic: Crypto Adoption spreading so fast!  (Read 2716 times)

Offline Kalustx

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Crypto Adoption spreading so fast!
« on: April 06, 2025, 08:36:01 PM »
The adoption of cryptocurrency and other digital assets across boarders is so alarming; like an earthquake…it’s happening so quick..

just today, I got to the news to see that an African Nation ‘Nigeria’ accepts crypto as a means of security for the first time..

I’m intrigued cuz it actually an affirmation to me that this might just be the next wealth creation momentum just building up..

for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?

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Crypto Adoption spreading so fast!
« on: April 06, 2025, 08:36:01 PM »

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Re: Crypto Adoption spreading so fast!
« Reply #1 on: April 07, 2025, 07:40:18 AM »

You can start with at least four digital assets you mentioned maybe except for DOGE as it is a memecoin and old memecoins are getting out of flavor in the current market - they are losing excitement new ones are generating especially if endorsed even subtlety by CZ. Now, I actually don't believe that crypto adoption is spreading too fast...it is actually the other way around especially from the POV of people who had been here in the industry for years. I am glad that things are heating up in Nigeria, a country considered in the top 5 in terms of adoption and can be the oasis in the African continent.

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Re: Crypto Adoption spreading so fast!
« Reply #1 on: April 07, 2025, 07:40:18 AM »

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Offline Crypto Library

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Re: Crypto Adoption spreading so fast!
« Reply #2 on: April 07, 2025, 12:03:06 PM »
The adoption of cryptocurrency and other digital assets across boarders is so alarming; like an earthquake…it’s happening so quick..

just today, I got to the news to see that an African Nation ‘Nigeria’ accepts crypto as a means of security for the first time..

I’m intrigued cuz it actually an affirmation to me that this might just be the next wealth creation momentum just building up..

for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?
Bitcoin's early adoption option ended a few years ago, then if I talk about Ethereum, their developer updates are not getting support because they are not being benefit to the community much, and as a result, we have seen that Ethereum's situation was not good this time, so I think there is no opportunity for early adoption in this too.
And Doge coin is a memecoin and the famous billionaire Elon Musk is behind it and I have very little faith in them, so I will not support Doge coin for early adoption.

Only Sui coin remains here, which has performed very well recently. Now it remains to be seen how they perform in the future. I intend to invest in this during the upcoming bear season with a very small amount of my own.

Offline Zed0X

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Re: Crypto Adoption spreading so fast!
« Reply #3 on: April 07, 2025, 01:43:00 PM »
On Nigeria creating a legal framework for virtual assets that includes crypto, what I like about that is they require projects to actually submit whitepapers even if devs/founders think it's not a security ;D There are still some parts of the world where Government adoption isn't fast. Our own regulators already requires virtual asset providers to register but it's still not determine how to report taxes on crypto gains/losses.

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Re: Crypto Adoption spreading so fast!
« Reply #4 on: April 07, 2025, 02:02:30 PM »
The adoption of cryptocurrency and other digital assets across boarders is so alarming; like an earthquake…it’s happening so quick..

just today, I got to the news to see that an African Nation ‘Nigeria’ accepts crypto as a means of security for the first time..

I’m intrigued cuz it actually an affirmation to me that this might just be the next wealth creation momentum just building up..

for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?

More countries will have to accept all will happen with time, digital assets has come to stay but you should also know that the country you mentioned have many persons that are involved in cryptocurrency (Bitcoin) just that they government have in the past neglected what needed to be done, as government you don't have frustrate an inovations, as a government when you get to know about a technology even though you may not want to try it at first, try to figure out how such innovation can be if benefit to the citizens and trying to get a tax on it instead restricting citizen of being involved by frustrating the same whole process within your jurisdiction.

Am very happy that Nigeria government has woken up from slumber to member to do the needful but let this not be an avenue to over tax Nigeria who are involved in cryptocurrency.

Buddy I recommend BTC because it gots all in one, trust, reliability, it is the best digital asset anyone can think of investing into, so for safety purposes Bitcoin is what you need.
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Re: Crypto Adoption spreading so fast!
« Reply #5 on: April 07, 2025, 02:09:32 PM »
On Nigeria creating a legal framework for virtual assets that includes crypto, what I like about that is they require projects to actually submit whitepapers even if devs/founders think it's not a security ;D There are still some parts of the world where Government adoption isn't fast. Our own regulators already requires virtual asset providers to register but it's still not determine how to report taxes on crypto gains/losses.

So you are steadily working on legalities and stuff.. that's pretty nice, actually.

Many out there don't even consider such processes to take place and to ensure projects won't be only rugs and only that.
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Re: Crypto Adoption spreading so fast!
« Reply #6 on: April 07, 2025, 02:16:52 PM »
You can start with at least four digital assets you mentioned maybe except for DOGE as it is a memecoin and old memecoins are getting out of flavor in the current market - they are losing excitement new ones are generating especially if endorsed even subtlety by CZ. Now, I actually don't believe that crypto adoption is spreading too fast...it is actually the other way around especially from the POV of people who had been here in the industry for years. I am glad that things are heating up in Nigeria, a country considered in the top 5 in terms of adoption and can be the oasis in the African continent.
I would also like to agree with your opinion.
Because doge is a memecoin we are seeing this dogecoin on that high because of only the elon musk who became it's backers. I'm actually curious about what will happen to this meme coin if Elon Musk steps back from behind the doge coin.
Moreover, I would tell the OP to divide the funds you have and invest 80% of it in Bitcoin and the remaining 20 percent you can invest in Ethereum or Sui for the long-term.

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Re: Crypto Adoption spreading so fast!
« Reply #6 on: April 07, 2025, 02:16:52 PM »


Offline tequilla_sunset

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Re: Crypto Adoption spreading so fast!
« Reply #7 on: April 07, 2025, 02:23:39 PM »
You can start with at least four digital assets you mentioned maybe except for DOGE as it is a memecoin and old memecoins are getting out of flavor in the current market - they are losing excitement new ones are generating especially if endorsed even subtlety by CZ. Now, I actually don't believe that crypto adoption is spreading too fast...it is actually the other way around especially from the POV of people who had been here in the industry for years. I am glad that things are heating up in Nigeria, a country considered in the top 5 in terms of adoption and can be the oasis in the African continent.
I would also like to agree with your opinion.
Because doge is a memecoin we are seeing this dogecoin on that high because of only the elon musk who became it's backers. I'm actually curious about what will happen to this meme coin if Elon Musk steps back from behind the doge coin.
Moreover, I would tell the OP to divide the funds you have and invest 80% of it in Bitcoin and the remaining 20 percent you can invest in Ethereum or Sui for the long-term.

DOGE is at least big enough to be better than most memes out there.

And it's one of the biggest and oldest memes out there, so.. Elon backing down wouldn't kill it.

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Re: Crypto Adoption spreading so fast!
« Reply #8 on: April 07, 2025, 03:38:38 PM »
The adoption of cryptocurrency and other digital assets across boarders is so alarming; like an earthquake…it’s happening so quick..

just today, I got to the news to see that an African Nation ‘Nigeria’ accepts crypto as a means of security for the first time..

I’m intrigued cuz it actually an affirmation to me that this might just be the next wealth creation momentum just building up..

for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?

        -     These 4 assets you chose are not bad either, all of them obviously have potential in the future. Now if all you want is simple income in the future in this industry, I think that's okay for me if you just want to experience earning here in the crypto space.

But if your goal is to experience big earnings in the future. In my opinion, change the Btc, Sui and ETH. This is if your aim is really big profit. But if you are a rich person, even if you don't change it for now, just stick with it. This is just my opinion and my opinion.

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Re: Crypto Adoption spreading so fast!
« Reply #9 on: April 07, 2025, 04:18:41 PM »
The adoption of cryptocurrency and other digital assets across boarders is so alarming; like an earthquake…it’s happening so quick..

just today, I got to the news to see that an African Nation ‘Nigeria’ accepts crypto as a means of security for the first time..

I’m intrigued cuz it actually an affirmation to me that this might just be the next wealth creation momentum just building up..

for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?

You forgot to add the link to the news,i would have love read more details because, I'm yet to actually see any spread of crypto adoptions at this current market situation where there are  too many uncertainty; you hear of tariff war that is raging, there also insinuation of bear run, middle east unrest etc 

if there is adoption spreading fast just like you mentioned, especially and in Africa(Nigeria) it has not reflected on the crypto community and the demands for Bitcoin/altcoins has still no significant improvements. The market is currently not doing well.

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Re: Crypto Adoption spreading so fast!
« Reply #10 on: April 07, 2025, 06:37:03 PM »

You can start with at least four digital assets you mentioned maybe except for DOGE as it is a memecoin and old memecoins are getting out of flavor in the current market - they are losing excitement new ones are generating especially if endorsed even subtlety by CZ.
But IMO, DOGE is still the best for memecoin... even the most stable and safer for the long term... the liquidity is already very large, and the support of the community is also large... making DOGE's existence quite strong...
The next task is to avoid dependence on Elon Musk... yes we know DOGE does have a very good performance when it comes to Elon Musk, but that cannot be a fundamental basis for the long term...
However, so far I admit that DOGE is the best..

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Re: Crypto Adoption spreading so fast!
« Reply #11 on: April 07, 2025, 06:42:08 PM »
I don't think that this is a new news that we have to celebrate. This news was been there long time ago but then, the government have stopped that and imposed a ban IIRC.

for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?
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Re: Crypto Adoption spreading so fast!
« Reply #12 on: April 07, 2025, 06:54:05 PM »
The adoption of cryptocurrency and other digital assets across boarders is so alarming; like an earthquake…it’s happening so quick..
it would have been faster if the government of various countries have not had so many regulations against it and discouraged its use. I consider the government as one of the agents that can facilitate the growth of cryptocurrency worldwide, if the government begin to support cryptocurrency and make regulations in support of it there will be more people interested in cryptocurrency both for investment and for use as a normal currency for transactions.
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Re: Crypto Adoption spreading so fast!
« Reply #13 on: April 07, 2025, 06:55:18 PM »
Direction cannot be validated by speed alone. Nigeria's embracing crypto as security isn't a revolution. It's a digital duct tape patching signal of systematic instability. People search alternatives when conventional infrastructure fails. It's a common response to ineffective governance, nothing new there. Rather than "next wealth," it's closer to forced adaptation

Regarding asset choice, BTC and ETH are protocols. They're sturdy because they're the bedrock. SUI is a tech bet. DOGE is social psychology applied to a liquidity meme. Are you playing on attention cycles (DOGE), or do you desire protocol-level exposure (BTC/ ETH)? Or chasing unexplored tech scalability (SUI)? If your loss limit is hardcoded in your head and your objective is clear, all answers are valid. Next, you need to know "which thesis are you willing to hold during chaos?"

Early adoption is responsibility. Generally speaking, early is not profitable. Most people lose discipline. So define your time horizon. If you wish 10x returns, be ready to endure 90% drawdowns while everyone else makes fun of you
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Re: Crypto Adoption spreading so fast!
« Reply #14 on: April 07, 2025, 07:10:20 PM »
for an early adopter, which assets do you think would be ok to start with? BTC, ETH, SUI, or DOGE?
BTC, ETH and SUI is enough good investment but I don't like DOGE. DOGE is memecoin so i don't think any Memecoin had a better future. memecoin is only for fun. so fun coin can never be a strong investment.

ETH foundation also doing some unacceptable task like ETH make a mintable coin, so ETH team can mint any amount of ETH now at any time and sold on market. so now i am also avoiding ETH. Bitcoin is only strong and trusted coin on crypto industry for investment at any time.
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