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Arif Efendi, Businessman, Shares His Insights On Crypto Investment

Arif Efendi is a businessman and an investor with a wealth of experience, recognized crypto currencies as a viable investment opportunity. He shares his thoughts and experiences in this article.


Arif Efendi explains the difference between Crypto and. Stocks
It is crucial to be able to differentiate between cryptocurrency and stock for those who are, like me an investor. Although there are some commonalities between stocks and cryptocurrencies, they are very different.

The cryptocurrency is an electronic asset and currency whose transactions are recorded and verified via a decentralized cryptography. It does not have a central authority. Stocks (also called equity) are securities that prove ownership of a certain portion of a business.

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

Why do people purchase shares and cryptocurrencies?
Stocks are purchased by individuals to vote in company decision-making. Investors also buy shares to earn dividends, which the company gives to shareholders.

It's easy to invest now in stocks and crypto through the next-generation marketplace.

While the process is similar, there are some significant variations. For instance, while the Securities and Exchange Commission regulates securities, you are able to trade crypto at any time of the day directly through your mobile or smart device.

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

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

The largest market cap cryptocurrency can vary between 5% to 10%. The smaller cryptocurrency, however, may grow 10 times per day.

This is a very scarce item.

To illustrate, if you had invested $1000 in Solana's Solana stock on January 1, 2021, for $1.837 the investment is now worth $182,000 at current prices for trading of $182.

If you're not afraid investing in cryptos can be extremely lucrative. Arif Efendi Uninitiated investors may be curious about how the money is made. There is no central authority that oversees cryptocurrency.

Therefore, their value stems from the cost of production, supply, demand, adoption and availability on exchanges and utilities.

Understanding the Supply & Demand in cryptocurrency
From our economics textbook, we know that if the demand for an asset goes up faster than the supply, the price of that asset will rise.

In the case of an earthquake, for instance when there is an earthquake in a location where water is needed, the cost will rise even if the demand remains constant. This same economic principle is applicable to cryptocurrency.

We are in the phase of mass adoption, and we're seeing institutions investors such as MicroStrategy and a country like Ecuador betting hugely on cryptocurrency. Arif Efendi Arif Efendi This is a great moment to be alive.

Arif Efendi Recognize Volatility Risks
Similar to the stock exchange The value of cryptocurrency changes. Many people desire to become adept with crypto and make a hundred times profit.

It is not guaranteed that an asset's profitability will be constant, however it is essential to be able to identify the time to dispose of an asset, or to make profits.

Warren Buffet stated, "Be cautious when you see others being greedy and be greedy whenever people are scared."

Most people who work in the crypto market are scared. Bear markets are the most favorable time to invest in crypto. Arif Efendi When the price of cryptocurrency is falling. https://www.researchgate.net/profile/Arif_Efendi If Harry, Dick and Tom panic-sell.

If investors are anxious or scared, they might lose their assets. Make a list with cryptocurrencies you are interested in investing in, and wait for them to show up.

Another good time to invest is on weekends, when the majority of institutions are closing their trades.

The traditional way of investing requires a broker. Today, buying cryptocurrency is accessible from the comfort of your living room.

What Cryptocurrency Should You Buy?
Visit coinmarketcap.com to see the various cryptocurrencies you can choose from.

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

It's now simpler to track and monitor your most-loved currencies. With an application like Tabtrader You can monitor every swing to know when it is time to purchase more or to take profit.

If your cryptocurrency has been held for a while you can collect airdrops and move the coins to wallets. Trustwallet. Imtoken. Myetherwallet.

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

Conclusion
This means that your bank is now your bank. You can transact anywhere around the world anytime.



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