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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi , a successful entrepreneur and investor, realized that cryptocurrency could be an investment tool. In this article Efendi shares his experiences and experiences.

Arif Efendi discusses how Crypto is distinct from the stock market.
If you're an investor, it is important to understand the differences between stock and cryptocurrency. Although they share many similarities, stocks and cryptocurrencies are different.

Cryptocurrency is an electronic currency whose transactions are recorded in a decentralized way employing cryptography instead of an authority central. On the other hand stock, also known as equity are securities that show the ownership of a portion of a company.

Stocks and crypto are bought in the hope of capital appreciation, and this is especially true when the asset is increasing in value.

Why do people invest in stocks and cryptocurrencies
Stocks can be purchased to vote or influence the company's decisions. Investors can also buy stocks to receive dividends.

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

While the process looks similar but there are some major variations. Although the Securities and Exchange Commission regulates the stock market, you are able to trade cryptocurrency from your smartphone or smart device at any time of the day.

You are also able to trade crypto using crypto trading pairs, fiats or crypto.

Trading Crypto and. Swing Trading
Now, you may be wondering why trading cryptocurrency is so profitable, despite its high volatility.

With a huge market capitalization that is a good indicator of an increase of 5% to 10% in crypto. But, smaller cryptos could achieve 10x or more daily.

It's true that this is quite rare in stocks.

For example, if we made $1000 in Solana's Solana stock on January 1, 2021 for $1.837, your investment now would be worth $182,000 at the $182 trading price.

It can be very rewarding to invest in crypto, if you aren't a weak investor. Some novices might wonder where the money originates. It is not controlled by any central authority.

They are thus worth the cost in terms of demand, supply production, adoption, availability on exchanges, utility, and availability.

Understanding Cryptocurrency Supply and Demand
The textbook of economics tells us that the cost of an asset can rise in the event that its demand increases more quickly than the supply.

For example, an earthquake can trigger the price of water to increase in some areas. The same principle of economics applies to cryptocurrency.

We are nearing the stage of mass adoption, and we're beginning to see large-scale investors such as MicroStrategy as well as nations like Ecuador betting big on cryptocurrency. What a wonderful time to be alive

It is important to be aware of the risks of the possibility of
The cost of cryptocurrency fluctuates in the same way as the market for stocks. Many people want to be crypto-savvy and make 100x profit.

Although it's impossible to guarantee that an investment will continue to be profitable, it's important to be aware of which time and location to invest.

Warren Buffet once said, "Be be wary of other people who are greedy, and be greedy for those who are scared."

Many in the crypto sector are afraid. A bear market is the ideal moment to buy crypto. When the price of cryptocurrency is falling. When every Tom, Dick and Harry is selling in a panic.

If investors feel nervous or scared, they may lose their investments. Be aware of which cryptocurrency are most appealing to you and then wait for them to come out.

Another excellent time to buy is during weekends, as the majority of institutional investors are closing their trades for the week.

There is a massive shift happening right now from traditional investment strategies where you need to work with a broker. It is now an innovative method in which you can buy cryptocurrency from your own home.

Should I Buy a Cryptocurrency?
You can choose from many cryptocurrency options when you go to coinmarketcap.com.

My first option has been Solana, closely followed by AVAX and POLIS.

It is now more simple than ever to keep track of and monitor your favorite currency. With an app like Tabtrader You can monitor each swing and be aware of when it is time to purchase more or take profits.

If you have held your crypto for a long time then you may either transfer the cryptocurrency and get airdrops or move it into wallets such as Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to protect their users.

You should also keep your 12-word word phrase in the event that your host device gets stolen or lost.

Conclusion
All this information makes you your own bank and permit you to conduct transactions wherever and whenever you'd like.

Maybe you even have enough return on investment to give to your favorite charity.

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


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