Notes

Arif Efendi, a Businessman gives his insights on Crypto Investment

https://find-and-update.company-information.service.gov.uk/officers/Ey_lyqyWi7zYIDz6gqhtbb_89cc/appointments who is a successful investor and businessman recognized that cryptocurrency had become a legitimate investment option. Here are his experiences and insights.

Arifefendi explains how Crypto differs from Stocks
It is vital to know the difference between cryptocurrencies and stocks when you are an investor. While they have some similarities, they aren't the exact same as stocks.

Cryptocurrency, a digital asset which can be used to store and verify transactions, uses cryptography as alternative to a central authority. However the stocks, which are also referred to as equity are securities that show the ownership of a portion of a business.

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

Why people buy shares and cryptocurrencies
Stocks are bought by people to vote for company decisions. Stockholders can also invest in stocks in order to receive dividends from companies.

It's easy to invest online in both stocks and crypto using the latest generation of marketplaces and a variety of mobile apps for investing.

Despite the fact that the process looks similar however, there are significant differences. While the Securities and Exchange Commission regulates the stock market, you can trade cryptocurrency from your smartphone or other smart device at any hour of the day.

You can also trade cryptocurrency with other crypto trading pairs and fiats.

Trading Crypto vs. Swing Trading
You may be wondering why trading crypto is so profitable despite its volatile nature.

With a large market capital is expected to see an increase of 5-10% in crypto. However, smaller cryptocurrency can reach 10x or more per day.

It's uncommon for stocks to have this kind of stock.

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

If you've got a solid grasp of crypto, it can be very rewarding. A noob may ask what the source of the money comes from. No central institution regulates cryptocurrency.

Thus, their value comes from the costs of production, supply adoption, demand and availability in exchanges and utility.

Understanding Supply and Demand in Cryptocurrency
The textbook in our economics class shows us that if the the demand for an asset increases more rapidly than supply, the cost of the asset will rise.

In the case of an earthquake, for instance, if there is an earthquake in a location where water is needed, the cost will rise if demand is static. The same economic principle applies for cryptocurrencies.

We are in the stage of mass adoption and we're seeing institutions investors such as MicroStrategy and countries like Ecuador betting hugely on cryptocurrency. It's a wonderful moment to be alive!

Recognize the Volatility Risks
Similar to the stock exchange the value of cryptocurrency fluctuates. Many people want to join the crypto market and earn a 100x profit.

There's no assurance that the profitability of an asset will never decrease, but it is essential to know when to purchase or sell assets.

Warren Buffet once said, "Be fearful of others being greedy , and be greedy for others who are scared."

A majority of those working in the crypto market are scared. The bear market is the ideal time to invest in cryptocurrency. When the price of cryptocurrency is dropping. When Harry, Dick and Tom panic-sell.

People who are worried and fearful could lose their money. Make a list of the cryptocurrencies you would like to invest in , and wait for the candles to start appearing.

Another option to buy is on weekends, since institutional investors shut their trading for the week.

Traditional investment requires a broker. The modern way of investing in crypto is accessible from the comfort of your room.

What Cryptocurrency should I purchase?
You can choose from many cryptocurrency options when you go to coinmarketcap.com.

My top pick was always Solana. It was closely followed by AVX , POS and AtLAS.

It's now easier to track and monitor your favorite coins. Tabtrader lets you monitor each movement, and also when you can make a profit.

If you have your crypto for a lengthy period of time, you have the option to either collect airdrops or transfer them to wallets such as Trustwallet. Imtoken or Myetherwallet. Use secure passwords in order to protect the security of your crypto.

It is crucial to maintain your 12-word word phrase so you can recover your assets in the event it gets lost or stolen.

Conclusion
With all this information, you are your bank, and you are able to transact anytime and anywhere you find yourself anywhere in the world.

Maybe https://www.imdb.com/title/tt0254001/characters/nm0022342 'll be able to earn enough return on investment to aid your preferred charities.

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


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