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

Arif Efendi, a successful entrepreneur and investor has realized that cryptocurrency could be an investment tool. Here are his experiences and thoughts.

Arif Efendi discusses how Crypto is different from the stock market.
It is essential to know the difference between cryptocurrencies and stocks in the event that you're an investor. While there are some commonalities between cryptocurrencies and stocks however, they're very distinct.

The cryptocurrency is a digital asset and currency whose transactions are documented and verified using an independent system using cryptography . It doesn't depend on the authority of a central authority. Stocks, also called securities or equity, signify ownership of a particular portion of a business.

When the cost of an asset increases that includes crypto as well as stocks. are bought through capital appreciation.

The reason people invest in cryptocurrency and stocks
Stocks can be bought to influence or vote on company decisions. Additionally, they invest in order to earn dividends, which the company distributes to its shareholders.

It's easy to invest digitally in crypto and stocks today using the next-generation marketplace as well as various mobile apps for investing.

While the process may appear like it does, there are a lot of distinctions. The Securities and Exchange Commission regulates securities. However, trading in crypto can be conducted on any smartphone or smart device at any time.

You are also able to trade crypto with other trading pairs of crypto or fiats.

Trading Crypto is different from. Swing Trading
You might be wondering why it's better to invest in trading in crypto regardless of the volatility.

With a huge market capitalization is expected to see an increase of 5% to 10% in crypto. However, smaller cryptocurrencies might be able to achieve 10x or higher daily.

It is not common in stocks.

Here's an example: If you had made a $1000 investment on Solana It would have been worth $182,000 at the time of writing at $182.

It can be very rewarding investing in crypto if you're not a weak player. A person who isn't familiar with the subject might be interested in knowing how the money is made. The regulation of cryptocurrency is not performed by a central organization.

Their value is therefore determined by the costs of production, supply and demand, the rate of adoption, as well as the availability on exchanges for utilities and utilities.

Understanding Demand and Supply in Cryptocurrency
According to textbooks on economics, if the demand is higher than the supply, the asset's value will increase.

For example, an earthquake could cause water prices to rise in some regions. The same economic concept applies for cryptocurrencies.

We are now in the mass adoption phase, and we are seeing institutional investors like MicroStrategy and countries like Ecuador betting big on cryptocurrencies. It's a great time to be alive.

It's Important to Be Acquainted the risks of volatility
Similar to the stock exchange the value of cryptocurrency fluctuates. Many people want to be cryptocurrency-savvy and earn a 100x profit.

There's no way to guarantee that an asset's profitability will be constant, however it is crucial to know when it is time to purchase or sell assets.

Warren Buffet stated, "Be fearful when other people are insecure and greedy while other people are afraid."

A lot of people working in the cryptocurrency sector are worried. Bear markets are the most profitable location to purchase cryptocurrency. The price of cryptocurrency is falling. Panic-selling happens when there's none of Harry, Dick or Tom.

The risk of losing their investments in the event of anxiety or fearful. Have a list of cryptocurrencies you'd like to invest in , and watch for the red candles to start appearing.

Another good time to purchase is during the weekend as the majority of institutional investors are closing their trading for the week.

The traditional way of investing requires an intermediary. Modern crypto buying is possible from your living room.

What Cryptocurrency Should I Purchase?
You can choose from many different cryptocurrencies when you visit coinmarketcap.com.

My favorite has always been Solana (SOL) which is followed by AVAX, POLIS and ATLAS.

It's now even easier to keep track of your favorite coins and keep track of them. Tabtrader lets you track every step so that you are able to determine when to invest more , or when to take profit.

If you've been holding your cryptocurrency for an extended time, you may be able to keep it and use it to get airdrops or move the coins into wallets like Trustwallet, Imtoken or Myetherwallet and then use secure passwords to safeguard them.

It is also important to save your 12-word password to be able to restore your investment in the event that your host device goes missing or stolen.

Conclusion
With this information, you're now your bank, and can transact at any time and from any location in the world.

Maybe you even have enough of an ROI to donate to your preferred charitable causes..

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


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