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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi is an experienced investor and businessman who realized cryptocurrency was an investment option. Here are his lessons and thoughts.

Arif Efendi explains the reason Crypto is distinct from stocks
Investors such as myself need to know the distinction between stock and cryptocurrencies. The two have a few similarities, even though they're not exactly the same.

A cryptocurrency is a form of digital currency or asset that can be tracked and verified by a decentralized platform through cryptography. It is a substitute for an authority central to. Stocks (also called equity) are securities that demonstrate the ownership of a particular part of a business.

The purchase of crypto and stocks is to gain capital appreciation, and this is especially true when the asset is rising in value.

What makes people purchase stocks and cryptocurrencies
Stocks can be bought for voting or to influence company decisions. Stockholders are also able to invest in stocks to earn dividends from the company.

https://www.trendyol.com/galeri-gusto-resim-cerceve/carsambali-arif-efendi-cerceveli-tipki-baski-hat-tablo-p-121973953 to invest in digital crypto and stocks today with the next-generation marketplace and various mobile apps for investing.

Although the process might appear similar, there are many distinctions. While the Securities and Exchange Commission regulates the stock market, you are able to trade cryptocurrency from your smartphone or smart device at any hour of the day.

You can also trade cryptocurrency using other crypto trading pairs as well as fiats.

Trading Crypto vs. Swing Trading
You might be wondering why trading cryptocurrency is so profitable despite its high volatility.

A high market cap can result in a fluctuation between 5% and 10% for cryptocurrency, while smaller cryptos could see gains of 10x in one day.

It is not common in stock.

You can see an example: If you had made a $1000 investment on Solana, it would be worth $182,000 today at $182.

If you're a skilled foot, investing in crypto is a great way to earn money. An uninitiated person may be wondering where the money comes from. No central institution regulates cryptocurrency.

Their value is therefore from the costs of production and supply as in addition to demand and the rate of adoption.

Understanding Demand and Supply in Cryptocurrency
It is a common theme in the textbooks in economics that if it is found that there's greater demand than supply of an asset, its value will rise.

In the case of an earthquake in a place that is affected by water, the price of water will go up if the demand for it is not. The same economic principle applies for cryptocurrency.

We are currently at the point of mass adoption. Investors from institutions like MicroStrategy are investing heavily in cryptocurrencies. What a wonderful time to be alive!

It's Important to Be Acquainted Risks of Volatility
The cost of crypto fluctuates similarly as the market for stocks. Many want to join crypto and earn 100x profit.

Although there's no way to know for certain whether an asset is going to continue to be profitable It is important to know when and where to invest.

According to Warren Buffet, "Be fearful when others are greedy and be greedy when other are afraid."

People in the crypto space are usually scared. The bear markets are the best time to invest in crypto. When the asset is declining. Every Tom, Dick and Harry is selling in a panic.

If investors are anxious and anxious, they could lose their assets. Make an inventory of the cryptocurrencies you are looking to invest in and then watch for the red candle to show up.

Another good time to invest is during the weekend, when most institutions have closed their trading.

Today, there's an important shift in the way we make investments. Instead of requiring an intermediary, you can now purchase crypto right from your bed.

What Cryptocurrency Do I Need to Purchase?
You can pick from a variety of different cryptocurrencies when you visit coinmarketcap.com.

My top pick has always been Solana (SOL) and then AVAX, POLIS and ATLAS.

It's also easier to keep track of and monitor your favorite coins. Tabtrader makes it easy to keep track of every swing and the time to earn profit.

If your cryptocurrency was stored for a long time you can get airdrops, and then transfer them into wallets. Trustwallet. Imtoken. Myetherwallet.

Keep your 12-word phrase in mind in case you need to locate your assets in the event of a host device becoming stolen or lost.

Conclusion
This means that your bank is now your bank. You can transact any time, anywhere around the globe.

Perhaps you will even earn enough ROI to help your preferred charity.

You can follow Arif Efendi on Twitter here: https://twitter.com/arifouo


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