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Author Topic: Crypto Adoption spreading so fast!  (Read 2719 times)

Offline Stuart

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Re: Crypto Adoption spreading so fast!
« Reply #15 on: April 07, 2025, 08:31:24 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?

It is really fascinating to see that happening in Nigeria and being accepted by the government of the country, as an alternative to failed governmental leadership and infrastructures within the country. This is not a new thing to the citizens of the country, as it is an alternative for every citizen who has found the internet resourcefulness. The government of the country which has been fighting against crypto currency has probably seen a hidden room of treasure, and this might not really be good for the country's economy.

One thing sure that the coin to be accepted or mostly used will be the top 2 tier crypto currencies, which are BTC and ETH.
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Re: Crypto Adoption spreading so fast!
« Reply #15 on: April 07, 2025, 08:31:24 PM »

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Offline JoyMarsha

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Re: Crypto Adoption spreading so fast!
« Reply #16 on: April 07, 2025, 11:08:15 PM »
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.
Doge has a high number of community members who support it. It no longer hovers around Elon Musk for its growth. It can soar high whenever it is; so far, Bitcoin leads the market. Not all memecoins can stay in the market up to this long; Doge has stayed. Many memecoin will disappear into a tiny air when the bull run is quite over

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Re: Crypto Adoption spreading so fast!
« Reply #16 on: April 07, 2025, 11:08:15 PM »

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Offline Cryptsafe

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Re: Crypto Adoption spreading so fast!
« Reply #17 on: April 07, 2025, 11:50:30 PM »
I believe that one of the major reasons why cryptocurrency did not gain that fast speed in adoption as it ought to is because of the government restrictions on it over the years. The government as an institution can do it better because they control the nation and the people abide by the constitution, which made it difficult for some nations to adopt cryptocurrency. Now that it is happening, nations are beginning to see the importance of Bitcoin. I think there will be a new wave of adoption across nations, and the Nigerian government has already begun to see the benefit after this long period of scuffling with crypto in the country.

OP, as for your option to choose for a start, I will advise you to start with old coins that have long been in existence. They already have a strong base coupled with market capitalisation, which could be seen via coinmarketcap, and are popular in demand compared to others. As for DOGE, I would not advise you to opt for it as it is a meme and has no utility value, and as a matter of fact, it has nothing as a driving force except Elon Musk backing it.
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Offline Azharul

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Re: Crypto Adoption spreading so fast!
« Reply #18 on: April 08, 2025, 03:54:03 AM »
We know that crypto currency is one of the best profitable digital currency in cryptocurrency world. I think that within a shot time this digital currency will spread all over the world. We also saw that Nigeria accept in this time for there first time security. I think that gradually every country will be reach crypto adoption so fast. So i believe that bitcoin will be early adopter, which will be spread all over the world. Because we know that bitcoin is one of the best profitable crypto in cryptocurrency world.
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Re: Crypto Adoption spreading so fast!
« Reply #19 on: April 08, 2025, 05:59:05 AM »
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?
In my opinion, a good coin for us to be stored in the long run is BTC or ETH because the risk is very small compared to other coins but requires large capital, if we have limited capital and that is also our initial capital, it is better to adopt coins registered in the top 10 in the coin market such as sol, the price does not exceed Eth and maybe we can make coins for a long time. This is just my knowledge, maybe friends in this forum
Can share a list of coins for us to adopt as the beginning of investment.

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Re: Crypto Adoption spreading so fast!
« Reply #20 on: April 08, 2025, 07:23:25 AM »
Early adopters, meaning new investors? Of course the answer is on the lowest risk assets first... to try high risk assets, it can be done gradually when you start to understand cryptocurrency more... when an early adopter is too eager to immediately get big profits by choosing high risk assets, it is very dangerous... because you could end your crypto journey faster because of losses....

BTC is currently good, for beginners... the risk is low and the liquidity is very large, so it is quite safe...
If you want to invest in riskier assets, it is recommended to use a small allocation...

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Re: Crypto Adoption spreading so fast!
« Reply #21 on: April 08, 2025, 10:58:57 AM »
If you want to play risk free, I would recommend 60% BTC + ETH, 30% SUI and 10% DOGE if you want to play with new promising things. And of course, invest as much as you can afford to hold on to through the rollercoaster. Because it becomes very difficult to rely on one, so I think investing in all of them can be a little more stable.

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Re: Crypto Adoption spreading so fast!
« Reply #21 on: April 08, 2025, 10:58:57 AM »


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Re: Crypto Adoption spreading so fast!
« Reply #22 on: April 08, 2025, 11:30:16 AM »
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?
In my opinion, a good coin for us to be stored in the long run is BTC or ETH because the risk is very small compared to other coins but requires large capital, if we have limited capital and that is also our initial capital, it is better to adopt coins registered in the top 10 in the coin market such as sol, the price does not exceed Eth and maybe we can make coins for a long time. This is just my knowledge, maybe friends in this forum
Can share a list of coins for us to adopt as the beginning of investment.

I would put SOL and LTC up there too. Great coins to hodl, with big future.

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Re: Crypto Adoption spreading so fast!
« Reply #23 on: April 08, 2025, 02:23:36 PM »

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

Its always recommended and its a must for newbies to start with Bitcoin before looking for other coins to include in their portfolio.
Bitcoin is the father of all coins; everything will not exist without Bitcoin. Once you understand how Bitcoin works and its underlying principles, you will understand decentralization and peer-to-peer transactions.
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Re: Crypto Adoption spreading so fast!
« Reply #24 on: April 08, 2025, 09:42:45 PM »

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

Its always recommended and its a must for newbies to start with Bitcoin before looking for other coins to include in their portfolio.
Bitcoin is the father of all coins; everything will not exist without Bitcoin. Once you understand how Bitcoin works and its underlying principles, you will understand decentralization and peer-to-peer transactions.

Your point is very clear, and newbies who want to learn more about crypto should start with bitcoin as a starter because it is the head of all cryptocurrency and knowing about it could set the pace for them to take up others very fast as they already have the basic knowledge of bitcoin which has been in existence before most of the crypto currency deemed worth investing.
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Re: Crypto Adoption spreading so fast!
« Reply #25 on: April 08, 2025, 10:10:07 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?

How do you mean by accepting crypto as the means of security?, is it by venturing into it because of how secured the investment could be or he just accepted it as the mode of payment?. Actually weather security or any other, Bitcoin is the actual coin, however I don't no why you listed Bitcoin together with alt coins in terms of acceptability because they are not the same and will never be against Bitcoin because they have different concept, so just choose Bitcoin but if you don't want only Bitcoin then you can go for alt coins but I fancy a lot on Bitcoin.

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Re: Crypto Adoption spreading so fast!
« Reply #26 on: April 08, 2025, 10:23:15 PM »
BTC is the first one to start with and no matter what most of their portfolio must be filled with bitcoin like atleast 50% or more.

I don't know what security is that Nigeria implemented, it's like strategic reserves or something else?

But crypto adoption is not that rapid to be honest, yes it was faster compared to 2018 era but definitely we are not seeing any places where we can spend crypto.
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Re: Crypto Adoption spreading so fast!
« Reply #27 on: April 08, 2025, 11:47:27 PM »
BTC is the first one to start with and no matter what most of their portfolio must be filled with bitcoin like atleast 50% or more.

I don't know what security is that Nigeria implemented, it's like strategic reserves or something else?

But crypto adoption is not that rapid to be honest, yes it was faster compared to 2018 era but definitely we are not seeing any places where we can spend crypto.
Yes, I do not know why crypto enthusiast though says that crypto adoption is fast. For me we are still in the early age and still few people are into crypto. Or maybe those people knows crypto already but they don't want to get their hands on it because of so many negative news. There are people asking me about Bitcoin, but I haven't heard from them that they have bought it already after explaining them the benefits. And of course, only few stores accepted crypto as means of payment because of it's volatility and so this is one factor why it is not well recognized and adoption is very slow.
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Offline Marivic27

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Re: Crypto Adoption spreading so fast!
« Reply #28 on: April 09, 2025, 06:30:19 AM »
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?
Btc and eth is the most safe than other coin but you need to wait for a couple of years to earn from holding it,while if you buy and hold altcoins or trade there is a possibility of earnings in a short period of time,you need to choose whats best for you don't make the other to decide a coin for you they will not suffer from the possible loss if ever you will loss so do research and be careful on choosing coins choose the proven and tested coin to avoid scam.
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Offline Basedjack

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Re: Crypto Adoption spreading so fast!
« Reply #29 on: April 09, 2025, 06:50:21 AM »
Move
« Last Edit: April 09, 2025, 05:48:28 PM by Basedjack »

 

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