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Arif Efendi, Businessman, Gives His Thoughts on Crypto Investment

Arif Efendi an investor and businessman who has a lot of experience, saw crypto currencies as a viable investment opportunity. This article is a reflection of his experiences and insights.

Arif Efendi explains the reason Crypto is distinct from the stock market.
If you're an investor it's important to know the distinction between stocks and cryptocurrency. Stocks and cryptocurrencies share many similarities, but they aren't the same.

The term "cryptocurrency" refers to a type of digital currency , or an asset whose transactions can be recorded and verified via an independent system through cryptography . https://eksisozluk.com/arif-efendi--4381274 It replaces an authority that is centralized. Stocks, also called securities or equity, signify ownership of a particular portion of a business.

Stocks and crypto are bought with the intention of capital appreciation, especially when an asset is increasing in price.

Why Do People Purchase stocks and cryptocurrencies?
Stocks are bought by investors who purchase shares to influence the company's decisions. Investors also buy shares to earn the dividend payments that the company makes to shareholders.

It is very simple to invest digitally in stocks by using the next-generation platform and other mobile investment applications.

While it appears similar to the way things are done however, there are some major variations. For example, although the Securities and Exchange Commission regulates the stock market, you are able to trade cryptocurrency at any time throughout the day via your smart phone or smartphone.

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

Trading Crypto Vs. Swing Trading
There is a possibility to ask what the reason is for trading crypto, despite the volatility.

Cryptos with huge market cap can fluctuate from 5% to 10 percent, while smaller cryptos could reach 10x within a day.

This is a rare item in the market.

To illustrate, if you earned $1000 from Solana's Solana stock on January 1, 2021, for $1.837 Your investment is now worth $182,000 at current price of trading at $182.

If you're a skilled hand, crypto investment is a great way to earn money. Beginners may be wondering where the money originates. No central institution regulates cryptocurrency.

They are therefore worth the price in terms of supply, demand , and production.

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

For instance when there is an earthquake that strikes a particular area, the price of water will rise if demand remains constant. The same economic principle applies to cryptocurrency.

We are approaching the mass adoption stage and institutions such as MicroStrategy or a nation such as Ecuador are placing huge bets on crypto. It's an exciting time to be alive.

Recognize the Volatility Risks
The cost of cryptocurrency fluctuates similarly as the stock market. Many people want to make 100x returns by investing in crypto.

Although it is unlikely an asset would continue to earn a profit, there are certain instances when it's worth your time to purchase an asset and later sell it or take profits.


Warren Buffet said, "Be afraid when others are greedy , and be greedy when others are scared."

Many people who work in the cryptocurrency space are worried. The bear markets are among the best times to make investments in crypto. Arif Efendi When the asset goes down. Panic-selling happens when every Harry, Dick, and Tom is falling.

When people are fearful and worried, they might lose their investments. Make a list of the cryptocurrencies you want to invest and wait for the red candles to show up.

Arif Efendi A weekend is an excellent time to invest in a new car, since the majority of institutional investors will close their positions for the week.

The traditional method of investing requires the services of a broker. Today, buying cryptocurrency is possible from the convenience of your home.

Which Cryptocurrency Do I Need to Purchase?
Arif Efendi Visit coinmarketcap.com to see a list of cryptocurrencies you can choose from.

My favorite has been Solana. This was followed by VAX, POLIS, and ATLAS.

It's easier than ever to monitor and track your preferred cryptocurrency. Tabtrader lets you monitor every move so that you can determine when you should take a profits or invest in more.

If you keep your crypto for a lengthy period of time You have the option to either collect airdrops or transfer them into wallets such as Trustwallet. Imtoken or Myetherwallet. Arif Efendi Secure passwords are essential to secure your cryptocurrency.

It is also important to save your 12-word phrases to refer to in the event that your host device becomes lost or stolen.

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



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