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Crypto Enthusiast Arif Efendi - The Reason I Like Cryptocurrency Over Stocks
Bitcoin and other cryptocurrencies are quickly becoming accepted by major corporations such as Microsoft and Starbucks. This is only the beginning, according to businessman, crypto enthusiast, and patron of charity Arif Efendi .

Cryptocurrency: The Beginning
My interest in cryptocurrency started some time ago. Although it was something I had thought about for a while however, I wasn't able to actually make any progress. I find cryptocurrency even more fascinating in the present.

What attracted me to this particular topic? The technology behind the popularity of cryptocurrency is called blockchain. This is especially the case in the case where Bitcoin and other cryptos are based upon block technology.

Naturally, my first passion was in blockchain technology. What can be done to store data securely over time and be able to be changed? This led us to further research into data storage, encryption (which cryptocurrency is also used).

https://uk.linkedin.com/in/arif-efendi-4a128a3a is where it gets really fascinating. Blockchain's immutability, decentralization, and other qualities make cryptocurrency the ideal choice for online voting. Online elections can be costly and may be dangerous. However, cryptocurrency could be able to change the situation.

A simple Google search on cryptocurrency brought me to a story about the ICO (Initial Coin Offering) of messaging platform Kik. This realization brought me to the realization that cryptocurrency isn't restricted to financial business models.

Differences Between Stocks and Cryptocurrency
Many have been asking me over the years what the main differences between stocks and cryptocurrency are. The investment in cryptocurrency is different than investing in stocks, although there are many similarities. Here's a quick overview of the distinctions.

Cryptocurrency is virtual, intangible money that can be created online and exchanged.
It is possible to convert cryptocurrency to real currency. However, this usually requires a fee.
Cryptocurrency doesn't have a physical form.
Transactions involving cryptocurrency are irreversible.
Stocks are ownership shares in corporations traded on the public markets.
A person who invests in stocks signifies that he/she is purchasing ownership (equity) in a company.
Why do I prefer cryptocurrency to stocks
The world of investment, finance and cryptocurrency is becoming increasingly well-known. Many people consider cryptocurrency to be a great investment option that can yield high returns over time. In addition, I believe that cryptocurrency is a better long-term investment than stocks.

Stocks can be volatile for only a short time. Cryptocurrency however is far safer and predictable. It is also less risky. It is a fantastic investment choice. It eliminates the intermediaries involved with international transactions.

This makes it easier for those who can't get financial institutions to accept their clients due to incomprehensible charges or high minimum deposits. It is possible to increase the amount of money they earn through cryptocurrency even though they are only dealing in it.

Because of the excessive regulation that is imposed during times of economic recession, or crisis that causes stock prices to be more unstable than crypto. The investment in stocks is more risky than investing in cryptocurrencies.

If cryptocurrency is accepted as a mainstream currency and accepted, it will provide new opportunities that will not be accessible by traditional methods. Companies such as Starbucks, Microsoft and others have begun accepting cryptocurrency. This means that cryptocurrency is accessible for everyday transactions. This makes cryptocurrency a good choice when it is down to trading.

Cryptocurrency will not go away anytime soon.
The very first cryptocurrency, Bitcoin, was created in 2009 by the pseudonymous creator Satoshi Nakamoto. There are over 700 different types. Each has its own value based on the perception of its value and reliability. This is also referred to as their believability'.

Certain have been lost in the dust and others have gained traction quickly due to innovative business models or commoditization a valuable resource. Many cryptocurrency enthusiasts believe that crypto will become the dominant currency worldwide. Cryptocurrency permits fast transactions that can be useful for ecommerce.

Unfortunately, cryptocurrency has not yet reached this point. The low of 0.1% is believed to be the rate of adoption. However, the adoption of cryptocurrency has grown rapidly in the past few years. As such, many cryptocurrency enthusiasts, including myself believe that it is likely to become the dominant currency soon.

Many people initially didn't believe that cryptocurrency could be created by some mysterious entity. But, the growth in the value of Bitcoin since its beginning has resulted in a rise in the number of people who are fascinated by cryptocurrency.

That also explains the more than 700 different cryptocurrencies available at the moment. This number is expected grow. https://bitrebels.com/business/crypto-enthusiast-arif-efendi-why-prefer-cryptocurrency-over-stocks/ that cryptocurrency is here to stay is undisputed. It's appearing everywhere, even in the novelty vending machines offering cryptocurrency. But, cryptocurrency isn't restricted to novelty machines.

There are more opportunities in cryptocurrency than there have ever been because the industry is growing. This is why cryptocurrency is here to stay, thanks to growing demand and the increasing availability of jobs that are based on cryptocurrency. The future is set to be wild, crypto fans.
Here's my website: https://techbullion.com/arif-efendi-discusses-how-to-get-started-with-cryptocurrency-in-2022