Notes

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

Arif Efendi was a businessman and investor who recognized that cryptocurrencies could be an investment opportunity. Arif Efendi Here are his observations and lessons.

Arifefendi explains why Crypto differs from Stocks
Knowing the difference between stock and cryptocurrency is essential if you're an investor like me. While there are some commonalities between cryptocurrency and stocks but they're quite different.

Cryptocurrency can be described as a digital asset or currency whose transactions are documented and verified by a decentralized system via cryptography instead of a centralized authority. Stocks, also referred to as equity or securities, represent ownership of a particular portion of a company.

With capital appreciation in mind when purchasing stocks or crypto, particularly when prices rise the majority of people will buy both.

Why people buy shares and cryptocurrencies
Stocks are bought by investors who vote on company decision-making. They also purchase stocks to earn dividends which the company pays to its shareholders.

Arif Efendi It's quite simple to invest in digital crypto and stocks currently through the new marketplace and numerous mobile investment apps.

Arif Efendi It may seem like similar, but there are significant differences. The Securities and Exchange Commission regulates securities. https://te.legra.ph/ARIF-EFENDI-DISCUSSES-Why-CRYPTO-Investments-Lead-The-Market-04-11-2 However, trading in crypto can be done from any mobile or smart device at any time.

Arif Efendi You are also able to trade crypto using crypto trading pairs, fiats or crypto.

Trading Crypto and. Swing Trading
You might be wondering what the reason it's more profitable to trade crypto despite the volatility.

With a large market capital is expected to see a 5%-10% swing in crypto. However, smaller cryptocurrencies could achieve 10x or more daily.

Arif Efendi This is a scarce stock.

For instance If $1000 had been placed in Solana on January 1, 2021 at $1.837, the investment would have been valued at $182,000 today at $182.

Crypto investment can be that rewarding , if you're not weak. Noobs may wonder where the money originates. It's not possible to regulate cryptocurrency from an agency central to.

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

Understanding Cryptocurrency Supply and Demand
It is a common theme in the economics textbook that if there is more demand than supply of an asset, its value will rise.

For instance when there is an earthquake in a location where water is needed, the cost will rise if demand for water is not changing. This same principle of economics also is applicable to crypto.

We are nearing the mass adoption stage and investors from institutions like MicroStrategy or a nation like Ecuador are placing huge bets on cryptocurrency. It's an exciting moment to be alive.

Recognize the Volatility Risks
The worth of crypto goes up and down as does the market for stocks. Many people want to make 100x profit by investing in crypto.

Although it is not certain that an asset will remain profit-making for the rest of its life, it is important to understand when an asset is best to be removed from profit or sold.

In the words of Warren Buffet, "Be fearful when others are greedy and be greedy when others are fearful."

Many people who work in the cryptocurrency space are anxious. The bear markets are the most favorable time to invest in crypto. Arif Efendi When the price of cryptocurrency falls. If every Tom, Dick and Harry is panic-selling.

If people are scared and anxious, they could lose their investments. Arif Efendi You should make a list of cryptocurrencies that you wish to invest in and then wait for red candles to appear.

The best time to invest is the weekend, because most institutional investors have closed their trades.

Arif Efendi Right now, we are seeing a massive shift from traditional methods of investing, in which you require a broker, to a modern way, which allows you to buy cryptocurrency from the comfort of your home.

Which Cryptocurrency Do I Have to Buy?
If you visit Coinmarketcap.com, there are many cryptocurrencies available.

My top choice has always been Solana and is followed closely by AVAX and POLIS.

It's also easier to keep track of your favourite coins and keep an the eye on them. Tabtrader allows you to monitor each movement, and when you should purchase more.

If you hold your cryptocurrency for a prolonged period of time, you have the option to collect airdrops, or transfer them to wallets like Trustwallet. Imtoken or Myetherwallet. Secure passwords are essential to secure them.

The 12-word phrase you have chosen should be stored in order to recover your asset in the event of your host device goes missing or stolen.

Conclusion
All of this information will make you your bank and allow you to transact anywhere and at any time you wish.


Here's my website: https://notes.io/q9Gxn