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Businessman Arif Efendi on Crypto Investment
Arif Efendi who is an investor and a businessman, an investor, found investing in cryptocurrency a legitimate method of investing. This article shares some of his lessons learned and insight.

Arif Efendi compares Cryptocurrency and Stocks

Efendi begins by saying that Cryptocurrency must be understood in a different way than stocks. Although they're not exactly the same, cryptocurrencies and stocks, have similar characteristics.

In place of a centralized authority Cryptography is a system that records and validates transactions in a decentralized system. Stocks are securities that indicate ownership of a specific part of a company.

Capital appreciation is the reason why people buy cryptocurrency and stocks.

Bitcoin and Cryptocurrency Why do people invest in them?

Stocks are bought by shareholders in order to vote in corporate decisions. Investors can also purchase shares to earn dividends from the company.

Arif Efendi With the latest generation of marketplaces and numerous mobile investment apps, it's much easier than ever to invest in Crypto and stocks online.

Despite the fact that it appears like the same process however, there are some significant differences. Although stocks are controlled by the Securities and Exchange Commission, Crypto trading is able to be conducted directly from your phone.

You can also trade crypto in conjunction with another cryptocurrency trading pairs or currency.

Arif Efendi Talks Swing vs. Crypto

You might be wondering why trading cryptocurrencies is so profitable , especially in light of volatility.

With its huge market capitalization, Crypto can move by between 5% and 10 percent. The price of smaller cryptocurrency could increase by 10x in one day.

It is an uncommon occurrence on the world of stock exchange.

If you put $1000 into $1.837 in Solana in 2021 the investment would be equal to $182,000. It would be worth $182 at the current trading rate.

If you're not a weak person, investing in cryptocurrencies can be rewarding. Although cryptocurrencies may seem complicated, they aren't subject to any regulation from any central authority.

The price of the product is determined by the availability of exchanges, cost, supply,demand, adoption and availability.

How Can You Make Cryptocurrency.

The cryptocurrency units can be released to the public via mining. This is usually done by validating transactions. Although cryptocurrency mining may be possible, it's becoming increasingly difficult to accomplish in proof-of-work systems..

Efendi claims that Bitcoin becomes more complicated as it gets more complex. That means Bitcoin needs more processing power. Bitcoin miners verify transactions and add them on the blockchain after resolving complicated mathematical issues.

Miners get Cryptocurrency for their hard work in confirming transactions. It requires a lot of energy to mine cryptocurrencies using proof-of work.

Bitcoin mining consumes electricity annually at 127 Terawatthours (TWh), more energy than Norway.

The average person can't earn Crypto mining through the proof-of-work system. The selection of validators in proof-of-stake models happens randomly according to the amount they are willing to stake, which requires less computational power.

You must be a current owner of a cryptocurrency to be able to take part.

An Overview on the Supply and Demand for Cryptocurrency

Arif Efendi said that when the demand is greater than the supply, the value of an asset will rise.

The earthquake could trigger the prices of water to increase in that region. Cryptocurrencies work according to the same principles.

In the present, large institutional investors such as MicroStrategy and nations like Ecuador are betting on crypto currencies.

Arif Elfendi suggests to accept the risks

Similar to stocks, cryptocurrency prices fluctuate. A lot of people want to invest 100 times their money in Crypto.

Although it is unlikely investments will last forever It is important to be aware of when to buy and sell.

Arif Efendi Warren Buffet said that you should be afraid when others become greedy and scared when other people become greedy.

Arif Efendi The crypto community are generally fearful. It's the perfect time to invest in crypto when it's falling, and Tom, Dick and Harry are rushing to sell it.

The risk of losing money is if they are afraid or anxious. It is recommended to write down the cryptocurrencies you would like to invest in and then wait for the candles to appear.


If institutional investors have finished their weekly trades, then the weekend is a great opportunity to buy.

Traditional methods of investing don't require brokers anymore, since you can buy Crypto from the comfort of your home.

https://reporterbyte.com/technology/1407/businessman-arif-efendi-shares-insights-on-crypto-investment/ Arif Efendi's Recommendations

You can select from several cryptocurrencies at coinmarketcap.com.

Arif Efendi loves Solana (SOL) Then POLIS, AVAX, and ATLAS.

It's now easier than ever to monitor your preferred coins. With an app like Tabtrader, you can keep track of each movement and determine when to purchase more coins or take profits.

You can withdraw your cryptocurrency, participate in airdrops, or store it in wallets such as Trustwallet and Imtoken. It is essential to protect your cryptocurrency with secure passwords.

It is essential to keep your 12-word phrase to restore your assets in the event that your host device goes missing.

The Future of Cryptocurrency

It is obvious that Cryptocurrency was all over the world. Bitcoin as well as Ethereum are at the forefront of the movement. However, many are wondering what the future holds for Cryptocurrency.

Cryptocurrency's future popularity is predicted to grow.

Cryptocurrency is a great investment option because it will be more widely adopted.

Furthermore the technology that is used to create cryptocurrency is always evolving, which so we can anticipate new and innovative applications. The future looks bright for Cryptocurrency, and all those who invest in it.

One reason for this is that Cryptocurrency does not have to conform to the regulations of traditional currencies. This makes it possible to use Cryptocurrency in more countries and for more people.

Cryptocurrency can be distributed. It means that there is no government or entity has any control over it. This makes it more resilient to financial crises and other shocks.

Arif Efendi Arif Efendi The supply of cryptocurrency is extremely restricted, which makes it likely that its value will grow in the future. Arif Efendi Cryptocurrency can be an investment that lasts for a long time, and is a great investment.

This information is the bank's. You can transact anywhere and any time you'd like.

Perhaps you'll be able to give enough ROI to your charity of choice.

For more information like this, follow Arif Efendi on Twitter at https://twitter.com/arifouo. https://dergipark.org.tr/tr/pub/neuifd/issue/19718/210759

Read More: https://www.newsanyway.com/2021/10/18/arif-efendi-donates-200000-to-norwich-university-as-a-testament-to-its-impact-on-his-life/