Based on the goal to make big and quick money from crypto investments, Nigerian investors still dey show strong attraction for memecoins, NFTs, low-cap altcoins, and programs wey dey give incentives like airdrops and bounty hunting. For Nigerians, cryptocurrencies, especially stablecoins, still dey play small role as protection against inflation.
Not all investors have that aim to make it quick, you generalize the word investors to people that wants to make quick money in cryptocurrency, meanwhile because of altcoins some of them are going for, if they end up losing their money, they generalize it as cryptocurrency is scam meanwhile it is their own fault to go for projects that they think will give them quick money.
For Nigerians, cryptocurrencies, especially stablecoins, still dey play small role as protection against inflation.
The fact be say no be all altcoins are unuseful because they get some coins wey be say one time e fih change your life, though most people do only rely on bitcoin alone, it a risky game you can even step ahead try another, the process in all is all about patience.
Many investors don dea this crypto run tey tey, while some na newbie to the investing. Both the old and new what crypto run deal with na holding.
Thats true, some altcoins are not worthy of our attention, while some have good potential. The best way is to make your research about any coin you are trying to invest in, then risk any amount you can afford to lose; but we still need to be patient because it is not one day quick money scheme, it is also a gradual process.
