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Arif Efendi shares his insight on the subject of Crypto Investments with businessman Arif Efendi

Arif Efendi is a veteran investor and businessman who realized that cryptocurrency was a legitimate investment asset. In this article Efendi shares his experiences and thoughts.

Arif Efendi discusses how Crypto is distinct from stocks
Investors like me need to be aware of the distinction between stocks and cryptocurrency. Although they have many similarities, stock and cryptocurrencies differ.

The cryptocurrency is an electronic asset and currency whose transactions have been recorded and verified using decentralized cryptography. It does not rely on the authority of a central authority. Stocks, also known equity are securities that signify ownership of a portion of a business.

Arif Efendi The purchase of crypto and stocks is in the hope of capital appreciation, especially when the asset is increasing in price.

Arif Efendi Why people buy cryptocurrency and stocks
Stocks are also able to be bought to influence decisions of the company and vote. Stockholders are also able to invest in stocks to earn dividends from companies.

It is easy to invest online in stocks and crypto through the new technology marketplace as well as a myriad of mobile investment apps.

Although the procedure may appear identical, there are still distinct differences. The Securities and Exchange Commission regulates securities. But, trading with crypto can be conducted on any smartphone or smart device at any time.

You can also trade crypto with other trading pairs of crypto or fiats.

Trading Crypto vs. Swing Trading
It is possible to wonder why it's more profitable trading crypto, despite the fluctuation.

A high market cap can lead to a swing of 5% to 10% for cryptocurrency, while smaller ones may see 10x gains in just a day.

It's the truth.

You can see an example: If you had made a $1000 investment on Solana the stock, it would be worth $182,000 at the price of $182.


It can be very rewarding investing in crypto if you don't have weak hands. An unexperienced investor might be wondering where the money originated. Arif Efendi The regulation of cryptocurrency is not controlled by a central authority.

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

Understanding the Supply & Demand in Cryptocurrency
We can remember from textbooks on economics that if there is greater demand than supply for an asset its value will rise.

For instance, if there is an earthquake that strikes a particular area where water is needed, the cost will rise even if the demand is static. The same principle of economics is applicable to cryptocurrency.

We are getting to the phase of mass adoption, and we're witnessing institutional investors such as MicroStrategy and a country like Ecuador betting hugely on cryptocurrency. It's a wonderful time to be alive.

Recognize Risks of Volatility
Cryptocurrency's value fluctuates just like the stock market. Many people desire to become crypto-savvy and make 100x profit.

Although it is unlikely the asset will be profitable, there are certain instances when it's worthwhile to invest in an asset, and then sell it or make a profits.

Warren Buffet says, "Be afraid if other people become greedy. Don't be greedy if other people are afraid."

Many people who work in the field of cryptocurrency are worried. Bear markets are among the best times to invest in crypto. The price of cryptocurrency is declining. Panic-selling occurs when there is none of Harry, Dick or Tom.

People who are worried and scared could lose their wealth. Make a list of the cryptocurrencies that appeal to you the most and wait for the candle in red to light up.

The weekend is the perfect time to invest in a new car, since most institutional investors will close their trades for that week.

Arif Efendi There is a huge change taking place right now, from traditional investment methods that require you to collaborate with a broker to newer methods where you can easily buy crypto from the comfort of your own home.

Arif Efendi Which Cryptocurrency Should I Purchase?
There are many options to choose from to choose from when you go to coinsmarketcap.com.

https://www.slideshare.net/praja1/infographics My favorite has always been Solana (SOL) which is followed by AVAX, POLIS and ATLAS.

It's now easier to keep track of your most-loved currencies. Tabtrader allows you to monitor each movement and decide whether to invest more profit.

If you have held your cryptocurrency for a long time, you can take it and collect airdrops or move your coins to wallets such as Trustwallet, Imtoken or Myetherwallet and use secure passwords to protect them.

Your 12-word word phrase should be stored in order to recover your valuable asset in the unlikely event that the host device you are using is lost or taken.

Conclusion
All this information is your bank. Arif Efendi You are able to transact at anytime, anyplace in the world, using all you have.



Homepage: https://www.slideshare.net/praja1/infographics