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Arif Efendi shares his insight on crypto investments together with businessman Arif Efendi

Arif Efendi is a veteran investor and businessman who realized cryptocurrency could be a legitimate investment option. In this article the author shares his experience and experiences.

Arifefendi discusses how Crypto differs from Stocks
Investors such as myself need to know the difference between stock and cryptocurrencies. Although they share many similarities, stock and cryptocurrencies are different.

Cryptocurrency is the term used to describe the concept of a digital currency which is backed through a decentralized system using cryptography rather than an authority central. However stock, also known as equity are securities that represent the ownership of a portion of a company.

When the price of an asset increases, both stocks and crypto are purchased with capital appreciation.

What are the reasons people invest in cryptocurrencies and stocks?
Stocks are also able to be bought to influence decisions of the company and to vote. They may also invest in stocks to collect dividends.

It's simple to invest in crypto and stocks online right now with the latest market technology and mobile investment apps.

Although the procedure may appear identical, there are still important distinctions. You can trade cryptocurrency any time you'd like, although the Securities and Exchange Commission regulates the trading of stocks.

https://uk.linkedin.com/in/arif-efendi-4a128a3a can also trade cryptocurrency in conjunction with other crypto trading pairs as well as fiats.

Trading Crypto and. Swing Trading
Now, you may be wondering what makes trading in cryptocurrency more profitable despite its volatile nature.

With a large market capital is expected to see an increase of 5-10% in the crypto. But, smaller cryptos might be able to achieve 10x or higher daily.

It's the truth.

If you invested $1000 in Solana at $1.837 on January 1, 2021 Your stake would have been worth $182,000 at today's trading price of $182.

It can be extremely rewarding investing in crypto, if you aren't a weak investor. A novice may be unsure where the money came from. Regulation of cryptocurrency isn't controlled by a central authority.

Therefore, their value comes from the costs of production and supply as well as the demand and acceptance.

Understanding Supply and Demand in Cryptocurrency
It is a common theme in the textbooks on economics that if there is more demand than supply for an asset its value will rise.

If there is an earthquake, for example the price of water will increase if demand is low. The same principle of economics applies to cryptocurrencies.

We are moving into the stage of mass adoption, and companies like MicroStrategy and Ecuadorean investors are placing their bets on cryptocurrency. https://techbullion.com/arif-efendi-discusses-how-to-get-started-with-cryptocurrency-in-2022/ 's a great moment to be alive!

Be aware of the volatility risks
The cryptocurrency market is just like the stock markets. Its value can fluctuate . A lot of people want to invest in crypto and make 100x profits.

While it's not guaranteed that an investment will be profitable forever It is crucial to know when an asset is best to be sold or taken profit.

Warren Buffet says, "Be fearful of greed when people have reason to be afraid of you."

Many people who work in the field of cryptocurrency are anxious. The bear market is the most profitable spot to buy cryptocurrency. If the currency is in decline. When Harry, Dick, or Tom are selling in a panic.

Fearful people can lose their investment if they're nervous and worried. Keep a list of cryptos you would like to invest in , and look for the candles to appear.

Another option to buy is during weekends, as institutional investors close their trades for the week.

The traditional way of investing requires an intermediary. The modern way of investing in crypto is accessible from the comfort of your room.

What Cryptocurrency Should You Buy?
There are several cryptocurrencies to select from if you visit coinmarketcap.com.

My most-loved pick is always Solana (SOL) which is followed by AVAX, POLIS and ATLAS.

It's also simpler to track and monitor your favorite currencies. Tabtrader lets you track every single swing and determine when you should buy more or earn a profit.

If your cryptocurrency has been kept for a time, it is possible to get airdrops, and then transfer them to accounts. Trustwallet. Imtoken. https://www.nadirkitap.com/kitapara.php?ara=kitap&tip=kitap&yayin_Evi=arif+efendi++matbaasi .

It is essential to keep your 12-word phrase, so you can recover your possessions in the event that it is stolen or lost.

Conclusion
With all this information you could be your own bank.

You never know. Maybe you'll even be able make a donation to your favorite charity.

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


Here's my website: https://techbullion.com/arif-efendi-discusses-how-to-get-started-with-cryptocurrency-in-2022/