2025 New Year’s resolutions for any crypto advocate

From mainstream adoption to the election of pro-crypto administrations, the past year has solidified crypto's place as a force for change in the global economy. The turn of the new year is the perfect time for crypto enthusiasts to reflect and refine their approach to the digital asset market.

Whether you're a seasoned investor or a passionate newbie, making some meaningful decisions that change your course can help you thrive. From smart spending to educating others, these decisions are not just about personal growth, but shaping a technological future that is rewriting the laws of finance.

Be more alert for scams, carpet pulling and dumb tokens

Despite countless warnings and educational resources, crypto scams continue to claim victims at an alarming rate. The severity of this issue was highlighted on November 14, when a record-breaking 31 carpet pulls occurred in a single day, resulting in a cumulative loss of $15 million that month alone.

Most recently, the HAWK dump was a sobering reminder of how many people willingly invest in tokens that are clearly horrible ideas, if not outright scams. Following HAWK's performance, the market capitalization rose to $490 million, but fell 91 percent to $41.7 million in less than three hours.

Do your research, be skeptical of promises of quick profits, and remember that scammers prey on people's greed – so be afraid when you see yourself being greedy. Even seemingly legitimate projects sponsored by well-known people should be investigated as much as possible.

Turn your BTC into a passive income opportunity

Bitcoin (BTC) has evolved over the past year into something more than just a store of value (SOV). While critics once pointed to Bitcoin's limited functionality compared to other blockchains, the landscape has changed dramatically with the emergence of innovative layer-2 (L2) solutions and smart contract platforms.

Projects like Stacks, Rootstock, Liquid and Babylon have redefined the potential of Bitcoin, bringing sophisticated DeFi functionality (known as BTCFi) to the network – effectively bridging the gap between Bitcoin's strong security and Ethereum-like programmability, enabling everything from farming to lending. . and liquid supply.

In terms of numbers, the market has responded emphatically to these developments, with total value locked (TVL) across all Bitcoin-based DeFi protocols rising from $306 million in Q1 2024 to $7.4 billion in Q4 (representing a staggering 2,180% increase).

While some Bitcoiners still find it difficult to use BTC on an EVM-compatible chain, projects like Core Chain allow users to access Bitcoin while maintaining their custody rights.

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Encourage your TradFi friends and family to hack into Bitcoin

The crypto market has recently hit an all-time high, with its total market capitalization surpassing $3.9 trillion in November. This penetration, coupled with institutional adoption, has opened up a variety of investment avenues suited to more traditional investors.

In the year 2024 was a significant watershed moment for the eleven US spot Bitcoin ETFs. Managed by financial giants such as VanEck, WisdomTree and Franklin Templeton, these offerings and others enable exposure to crypto through traditional investment accounts.

There are ETF opportunities like Ethereum (and possibly even XRP in the near future) – as well as offerings from BlackRock and Fidelity to reduce volatility-related risks. For example, BlackRock's BUIDL platform allows users to invest capital in dollar-denominated assets such as cash, U.S. Treasury bills and repurchase agreements. It is short-term backed by US Treasuries and currently has $540 million worth of assets under management (AUM).

Make additional payments using crypto

In the year In 2024, the number of cryptocurrency owners reached 562 million from 420 million – there has never been a better time to start using digital assets for daily purchases, especially since the infrastructure for spending crypto has grown significantly over the past year.

Services like Bitrefill allow users to deploy Bitcoin, Ether (ETH) Tether (USDT), USD Coin (USDC) etc. for daily transactions for gift cards, mobile payments and more to more than 1,650 businesses in 170 countries. Likewise, BitPay has created a robust platform that enables businesses around the world to seamlessly accept various cryptocurrencies.

A growing number of brick and mortar retailers have integrated crypto payment solutions into their digital frameworks. To that point, US-based convenience store chain Sheetz has announced that it has begun accepting Bitcoin and Ethereum payments in 750 of its stores, allowing customers to use their digital tokens to buy everything from coffee to gas.

The travel industry has also embraced this technological revolution, with platforms such as Travala.com accepting crypto for hotel bookings and flight bookings, among other things.

Improve the security of your crypto assets.

Portfolio consolidation and safe storage have never been more important. Instead of spreading their money across 620 little-known tokens stored on multiple exchanges and hot wallets, investors should consider consolidating their holdings into carefully selected cryptocurrencies and storing them in cold storage solutions.

Popular hardware wallets like Ledger and Trezor offer full control of one's private keys, protecting against online threats thanks to bank-grade security solutions for digital assets. They are giving.

This shift to cold storage solutions has gained momentum, with the volume of BTC traded on various centralized exchanges (CEXs) dropping to historic lows over the past twelve months.

Crypto companies and DAOs use multi-signature setups to access onchain smart wallets like Safe Wallet.

Share your crypto knowledge, but don't pressure your friends

There's a fine line between sharing insights and investing others in something you don't really believe in.

As a result, the most successful crypto advocates in history have been individuals who have focused on explaining the technology's potential and real-world applications and acknowledged the risks and complexities.

Instead of promising quick profits or pressuring friends and family to invest, crypto enthusiasts should consider sharing their journey, lessons learned and real information with their peers – thereby helping to build trust for the entire ecosystem while respecting everyone's personal financial decisions.

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