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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi, a successful businessman and investor, realized that cryptocurrency could be a legitimate investment tool. Arif Efendi Here are his insights and lessons.

Arif Emendi explains what the differences are between shares and Crypto
If you're an investor it is important to understand the distinctions between stocks and cryptocurrency. Although they share many similarities, stock and cryptocurrencies differ.

Cryptocurrency is a digital asset which is used to keep track of transactions and to verify them employs cryptography as an alternative to the central authority. Stocks, also known as equity, are securities which represent ownership in a part or company.

With the idea of capital appreciation in mind when buying stocks or crypto, particularly when the asset's price rises the majority of people will buy them both.

Arif Efendi Why do people buy Stocks and Cryptocurrencies
Stocks can be purchased to influence or vote on company decisions. Investors also buy stocks for the dividend payments that the company makes to shareholders.

It's very easy today to invest in stocks and crypto with the next-generation marketplace.

Although the process might look like it does, there are a lot of variations. For instance, while the Securities and Exchange Commission regulates securities, you are able to trade crypto any day of the week from your phone or smart device.

It is also possible to trade cryptocurrency in conjunction with other crypto trading pairs as well as fiats.

Trading Crypto is different from. Swing Trading
You might wonder what makes trading crypto more profitable despite volatility.

With a huge market capitalization is expected to see a 5%-10% swing in crypto. However, smaller cryptocurrencies can reach 10x or more per day.

This is a scarce stock.

For example, if you were to have invested $1000 in Solana 1st January 2021 at $1.837 the investment would be worth $182,000 at the current trading price of $182.

If you're not afraid, crypto investment can be extremely lucrative. A noob may ask where the money is coming from. https://list.ly/fabriciustempleton891 The cryptocurrency market is not regulated by a central entity.

Thus, their value comes down to the cost of supply and production, as well as the demand and acceptance.

Understanding Supply and Demand in Cryptocurrency
From our economics textbook, we can recall that if demand for an asset goes higher than supply, the cost of the asset will rise.

For example when there is an earthquake at a specific location, the price of water will rise even if the demand for water is not changing. The same economic principle applies also to cryptocurrencies.

We are now in the mass adoption phase. Institutional investors such as MicroStrategy are investing massively in cryptocurrencies. It's a wonderful time to be alive!

It is important to be aware of the risks of volatility
The cryptocurrency market is like stock markets. Its value can fluctuate . Many are keen to invest in crypto to earn 100x profit.

It is not guaranteed that the profitability of an asset will remain constant, but it is essential to know the time to dispose of an asset or earn profits.

Warren Buffet said, "Be afraid when others are too greedy, and greedy when you are afraid."

Most people in the crypto space are fearful. Bear markets are the best time to invest in crypto. When the value of cryptocurrency is declining. When Harry, Dick and Tom panic-sell.

If people are scared and worried, they may lose their assets. You can make an inventory of the cryptocurrencies you're looking to invest 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.

Right now, we are experiencing a huge shift from traditional methods of investing, which requires you to require a broker, to a new method which allows you to buy cryptocurrency from the comfort of your home.

Should I Purchase an Cryptocurrency?
There are many cryptocurrencies available to select from if you go to coinmarketcap.com.

https://www.driverpoisk.ru/user/arif-efendiazbc999 My top choice has always been Solana which is followed closely by AVAX and POLIS.

It's easier than ever to track and monitor your most loved currency. With an app such as Tabtrader You can monitor each time you swing and can determine when to buy more or make profits.

If you have held your cryptocurrency for an extended period of time, you could keep it and use it to get airdrops or transfer your coins to wallets such as Trustwallet, Imtoken or Myetherwallet and make sure you use secure passwords to safeguard the coins.

Keep your 12-word phrase handy in case you need to locate your asset in the event of a host device getting lost or stolen.

Arif Efendi Conclusion
You are your bank with all this information. Make transactions wherever you are anywhere in the world at any time.


My Website: http://emcspb.ru/user/Arif-Efendijnqv749/