Notes

Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi is a seasoned businessman and investor who realised that cryptocurrency could be a legitimate investment asset. Here are his lessons and tips.

Arif Efendi discusses how Crypto is distinct from the stock market.
Investors like me must know the distinction between stock and cryptocurrencies. While there are some commonalities between stocks and cryptocurrencies but they're quite different.

Cryptocurrency is a type of digital asset or currency that is recorded and verified by an independent system using cryptography instead of a centralized authority. Stocks (also known as equity) are securities that show ownership of a certain portion of a company.

People buy both stocks and crypto with the intention of capital appreciation in particular when the currency that is being held increases in price.

Why do people buy shares and cryptocurrencies?
Stocks are bought by people to be able to vote on corporate decision-making. They may also invest in stocks to collect dividend payments.

It's easy to invest now in stocks and crypto with the new-generation market.

Although the procedure may appear identical however, there are some distinct distinctions. The Securities and Exchange Commission regulates the trading of stocks. However, trading in crypto can be conducted on any smartphone or smart device at any time.

You can also trade crypto with cryptocurrency trading pairs, fiats or crypto.

Trading Crypto and. Swing Trading
Now you may wonder what the reason it's better to invest in trading crypto despite the risk of.

There is the 5% to 10% swing on crypto with the largest market cap even smaller cryptos can reach 10x on a given day.

It's the truth.

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

Crypto investment can be that rewarding if you are not in a position of weakness. Some novices might wonder where the money originates. The regulation of cryptocurrency isn't performed by a central organization.

Therefore, their value comes in the form of supply and production as well as the demand and acceptance.

Understanding the Supply and Demand in cryptocurrency
The textbook on economics explains that the price of an asset can rise in the event that its demand increases faster than its supply.

If there is an earthquake, as in, water prices will rise if demand is low. The same economic principle applies also to cryptocurrency.

We are now in the mass adoption phase and organizations such as MicroStrategy and MicroStrategy, as well as Ecuadorean investors are placing their bets on cryptocurrency. This is a fantastic time to be alive!

It is crucial to understand the risks associated with volatility
The cost of cryptocurrency fluctuates similarly as the market for stocks. Many people want to be part of crypto and earn 100x profit.

It is not possible to determine whether an asset will continue operating profitably. However, it is important to know the best time to buy or sell an asset.

In the words of Warren Buffet, "Be fearful when other people are greedy, and be greedy when other are fearful."

A majority of those working in the crypto market are scared. Bear markets are the most profitable period to buy cryptocurrency. If the price of the cryptocurrency is going down. Every Tom, Dick and Harry is panic-selling.

If people feel anxious or scared, they may lose their assets. Create a list of cryptocurrency you would like to invest in, then wait for the burning red candles.

The weekend is the perfect time to buy, as the majority of institutional investors will be closing their positions for the week.

There is https://foursquare.com/v/arif-efendi/528bca16498ec64f87dca04e in the way we make investments. Instead of having to rely on the services of a broker, you are able to now purchase crypto right from your bed.

What Cryptocurrency Should You Buy?
You have many options when you go to cryptocurrency marketcap.com.

My first choice was always Solana. It was closely followed by AVX , POS and AtLAS.

It's also easier to monitor and track your most loved coins. With https://bitrebels.com/business/crypto-enthusiast-arif-efendi-why-prefer-cryptocurrency-over-stocks/ as Tabtrader, you check each swing and know when to buy more or to take profit.

If you keep your crypto for a lengthy period of time You have the option to collect airdrops, or transfer them to wallets like Trustwallet. Imtoken or Myetherwallet. Use secure passwords to secure them.

Keep your 12-word phrase in mind to ensure you are able to retrieve your asset in the event of a host device becoming stolen or lost.

Conclusion
You are your bank's customer with this data. Transact wherever you're located in the world anytime.

Perhaps you can even make enough profit to make a donation to your favorite charitable causes.

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


Here's my website: http://www.ispir.gov.tr/kadizade-mehmed-arif-efendi