Notes

Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi, an experienced investor and businessman recognized that cryptocurrencies have become an investment asset. In this piece, he explains his lessons and insights

Arif Emendi clarifies is the difference between stock and Crypto
Investors such as myself need to know the difference between stocks and cryptocurrencies. While they have some similarities, cryptocurrencies are not exactly the same as stocks.

A cryptocurrency is a type of digital currency , or an asset whose transactions can be recorded and verified by a decentralized system through cryptography . This replaces a centralized authority. Stocks, also called equity or securities, represent ownership of a specific portion of a business.

The purchase of crypto and stocks is with the intention of capital appreciation, especially when the asset is increasing in value.

https://techplanet.today/post/arif-efendi-why-cryptocurrency-is-here-to-stay The reason people invest in cryptocurrency and stocks
Individuals purchase stocks for the purpose of voting on corporate decisions. Investors also buy stocks for dividends that the company pays to shareholders.

It's easy to invest in crypto and stocks digitally right now using the latest market technology and apps for mobile investments.

Despite the fact that the process looks similar however, there are some major differences. It is possible to trade cryptocurrency at any hour of the day regardless of whether or not the Securities and Exchange Commission regulates the stocks.

You can also trade cryptocurrency in conjunction with other crypto trading pairs as well as fiats.

Trading Crypto and. Swing Trading
You might be wondering what the reason it's more profitable to trade cryptocurrency regardless of the volatility.

The largest market cap cryptocurrency can be able to fluctuate between 5 and 10%. Smaller cryptocurrency, however, may increase 10 times every day.

It's the truth.

You can see an example: If you had invested $1000 on Solana the stock, it would be worth $182,000 today at the $182 trading price.

https://www.researchgate.net/profile/Arif_Efendi Arif Efendi It can be profitable if you're not weak. Arif Efendi Beginners may be wondering where the money originates. Arif Efendi It is not possible to regulate cryptocurrency via an agency central to.

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

Understanding the Demand and Supply in Cryptocurrency
According to economics textbooks, if the demand is higher than the supply, then the price of the asset will go up.

For instance, a natural disaster can cause water prices to rise in certain regions. This same principle of economics also is applicable to crypto.

We are moving into the stage of mass adoption, and companies such as MicroStrategy as well as Ecuadorean investors are betting big on cryptocurrency. Arif Efendi It's an exciting moment in the world of cryptocurrency.


It's Important to Recognize the Risks of Volatility
The cost of cryptocurrency fluctuates in the same way as the market for stocks. Many people are eager to invest in cryptocurrency and achieve 100x returns.

There is no guarantee that the profitability of an asset will never decrease, but it is crucial to know the time to dispose of an asset, or to make an income.

Warren Buffet says, "Be fearful if others become greedy. Be greedy if other people are afraid."

The crypto community's members are usually scared. Bear markets are the most profitable time to invest in crypto. When the value of the currency is declining. If Harry, Dick and Tom panic-sell.

People who are anxious and worried could end up losing their money. Make a list of cryptocurrencies that you wish to invest in and then wait for red candles to appear.

An ideal investment time is during the weekend, when most institutional investors have closed their positions.

Traditional investment requires a broker. Modern crypto buying is accessible from the comfort of your home.

Which Cryptocurrency Should I Buy?
If you go to Coinmarketcap.com, there are many cryptocurrencies available.

My most-loved pick always has been Solana (SOL) which is followed by AVAX, POLIS and ATLAS.

Now , it's simpler to track and monitor your most loved coins. Tabtrader lets you monitor every step so that you are able to decide when to take profit or buy more.

If you keep your cryptocurrency for a prolonged period of time then you can choose to collect airdrops, or transfer them into wallets such as Trustwallet. Imtoken or Myetherwallet. Use secure passwords to safeguard the security of your crypto.

Also, it is important to keep your 12-word phrase in a safe place for future reference in case your host device is lost or stolen.

Conclusion
All of these details make you your bank. You are able to transact at any time, anywhere in the world, using all you have.



My Website: https://techplanet.today/post/arif-efendi-why-cryptocurrency-is-here-to-stay