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

Arif Efendi who is a successful businessman, and investor was aware that cryptocurrency were now a legal investment option. This article shares his insights and experiences.

Arif Efendi discusses why Crypto is distinct from stocks.
Understanding the distinction between stock and cryptocurrency is vital if you're an investor, like me. Although there are some similarities between cryptocurrencies and stocks however, they're very distinct.

The term "cryptocurrency" refers to a form of digital currency or asset that can be verified and recorded by an independent system using cryptography . This is in place of an authority that is centralized. https://www.imdb.com/title/tt0254001/characters/nm0022342 Stocks, also known as equity, are securities which represent ownership in a part or company.

The majority of people purchase stocks as well as crypto with the intention of capital appreciation particularly when the asset is valued increases in value.

Why people buy cryptocurrency and stocks
In the case of stocks, investors purchase shares to influence the company's decisions. Stockholders can also invest in stocks in order to receive dividends from companies.

It's easy to invest digitally in stocks using the next-generation platform and other mobile investment apps.

Arif Efendi In contrast, the process may look the same however, there are distinct differences. The Securities and Exchange Commission regulates stocks. However, crypto trading is accessible from any mobile or smart device at any time.

Trade in crypto using fiats or other crypto trading pairs.

Arif Efendi Trading Crypto and. Swing Trading
It is possible to ask why it's more profitable to trade in crypto despite the volatility.

You can see the 5% to 10% swing on crypto with a large market cap, while smaller cryptocurrencies can achieve 10x per day.

Arif Efendi It is not common in stock.

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

If you're not a weak person cryptocurrency investment could be very profitable. The money can come from a person who is not your own. It is not controlled by any central authority.

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

Understanding Cryptocurrency Supply and Demand
According to economics textbooks If the demand is greater than supply, the cost of the asset will rise.

In the case of an earthquake, for instance, if there is an earthquake at a specific location, the price of water will rise if demand is static. This economic principle also applies to cryptocurrency.


We are getting closer to the stage of mass adoption and institutional investors such as MicroStrategy or a nation like Ecuador are placing huge bets on cryptocurrency. It's a wonderful time to be alive.

It is important to be aware of the risk of volatility
The market for cryptocurrency is like stock market. https://techbullion.com/arif-efendi-discusses-how-to-get-started-with-cryptocurrency-in-2022 Its value can fluctuate . Many people want to be adept with crypto and make a hundred times profit.

While it's not guaranteed that an investment will be profitable for a long time it is essential to know when an asset is best to be removed from profit or sold.

Warren Buffet once said, "Be afraid of being greedy and be greedy if you are afraid of others."

People in the crypto space are usually scared. A bear market is the best moment to buy crypto. When the asset is going down. Panic-selling happens when there's none of Harry, Dick or Tom.

If people feel anxious or scared, they may lose their assets. You should make a list of cryptocurrencies that you want to invest in and then watch for the red candles.

Another good time to purchase is on weekends, since institutional investors close their trades for the week.

There is a shift away from traditional investment methods, where a broker is required, to modern ways which allow you to purchase cryptocurrency from the comfort of your home.

Which Cryptocurrency Do I Have to Buy?
There are a lot of options available when you visit coinsmarketcap.com.

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

Arif Efendi It's easier than ever to monitor and track your favorite currency. Tabtrader lets you track each swing and determine the best time to invest or profit.

If your cryptocurrency has been kept for a time you can get airdrops, and then transfer them into wallets. Trustwallet. Imtoken. Myetherwallet.

Your 12-word word phrase should be kept to ensure that you can restore your investment in the unlikely event your host device goes missing or taken.

Conclusion
With this information, the bank you use is yours. You can conduct transactions anywhere around the world anytime.



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