Notes

Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi who is a successful investor, businessman and entrepreneur, realized that cryptocurrencies had become a legitimate investment option. This article is a reflection of his insights and experiences.

Arif Emendi clarifies what the difference is between stocks and Crypto
An investor like myself needs to know the differences between cryptocurrency, stocks, and other investments. While they have many similarities, stock and cryptocurrencies differ.

The cryptocurrency is a digital asset and currency whose transactions are recorded and verified using decentralized cryptography. It doesn't depend on an authority central to it. Stocks, also known as securities or equity, are the ownership of a certain part of a firm.

When the price of an asset rises both crypto and stocks are bought with the intention of capital appreciation.

What makes people purchase shares and cryptocurrencies?
Stocks are bought by investors who vote on company decision-making. Also, they invest to receive dividends which the company distributes among their shareholders.


It is easy to invest digitally in crypto and stocks through the new generation marketplace and various mobile investment apps.

Although the process might look like it is, there are numerous differences. For instance, even though the Securities and Exchange Commission regulates stocks, you can trade cryptocurrency at any time of the day directly through your mobile or smart device.

Trade crypto with fiats , or other trading pairs of crypto.

Arif Efendi Trading Crypto Vs. Swing Trading
You can ask why it's more profitable trading cryptocurrency, despite the high volatility.

Arif Efendi With a large market capital is expected to see a 5%-10% swing in the crypto. But, smaller cryptos can reach 10x or more daily.

This is a very scarce item.

Arif Efendi If you had invested $1000 in Solana at $1.837 on January 1, 2021, your investment would be worth $182,000 at the current trading price of $182.

If you're not a weak person, crypto investment can be extremely lucrative. An uninitiated person might wonder what the source of the money comes from. It is not possible to regulate cryptocurrency through a central agency.

Their value is derived from the costs of production, supply demand, adoption, and availability on exchanges and utilities.

Understanding the Supply of Cryptocurrency and Demand
The economics textbook tells us that the price of an asset will rise when demand for it grows more rapidly than its supply.

For example, an earthquake could cause water prices to rise in certain regions. This economic principle also is applicable to crypto.

We are now in the phase of mass adoption, and we're seeing institutions investors such as MicroStrategy and a country like Ecuador investing heavily in cryptocurrency. It's a great time to live in the present.

It is important to recognize the risks of volatility
The cryptocurrency market is like stock markets. Its value can fluctuate . Many people want to be cryptocurrency-savvy and earn a 100x profit.

Arif Efendi Although it's not certain that an asset will remain profitable for a long time, it is important to understand when an asset should be bought and sold or taken profit.

Warren Buffet once said, "Be afraid of being greedy and be greedy if others are afraid."

Many people who work in the field of cryptocurrency are worried. Bear markets are the ideal location to purchase cryptocurrency. If the value of the currency drops. Panic-selling is when there are no Harry, Dick or Tom.

If people feel anxious or scared, they might lose their assets. Make a list of the cryptocurrency you would like to invest in and keep an eye out for candles to turn red.

The best time to invest is the weekend, when the majority of institutional investors have closed their positions.

There is a massive shift taking place in the present from traditional investment strategies which require you to work with a broker, to newer methods where you can easily purchase crypto from the comfort of your own home.

Should I Buy an Cryptocurrency?
You have many options to choose from when you go to coinsmarketcap.com.

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

It's also easier to keep track of your favourite coins and keep an in mind their movements. Arif Efendi Tabtrader makes it simple to monitor each movement and determine when you need to purchase more.

If you've been holding onto your cryptocurrency for some time, you may be able to get it back and enjoy airdrops. It is also possible to transfer your coins to wallets like Trustwallet or Imtoken and set up secure passwords to ensure their security.

It is also important to record your 12-word phrase to be able to restore your asset in case the host device is lost or stolen.

Conclusion
All this information is your bank. You are able to transact at anytime, anywhere around the globe, using everything you own.

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Homepage: https://dergipark.org.tr/tr/pub/neuifd/issue/19718/210759