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Arif Efendi shares his insight on crypto investments together with businessman Arif Efendi

Arif Efendi was a businessman and an investor who recognized that cryptocurrencies could be a viable investment asset. This article shares his experiences and insights.

Arif Elfendi discusses the difference between crypto and stocks.
Understanding the difference between cryptocurrency and stock is vital if you're an investor, like me. Although they share a few similarities, cryptocurrencies are not exactly the same as stocks.

The term "cryptocurrency" refers to a type of digital currency , or an asset which can be recorded and verified through a decentralized system using cryptography . It replaces an authority that is centralized. https://independent.academia.edu/ArifEfendi50 Stocks, also known as equity, are securities which represent ownership in a part or company.

Cryptocurrencies and stocks are purchased with the intention of capital appreciation, particularly when an asset is rising in price.

What makes people purchase shares and cryptocurrencies?
Stocks are bought by people who vote on company decision-making. Investors also purchase stocks to receive dividends that the company pays to shareholders.

It's quite simple to invest in digital crypto and stocks today with the next-generation marketplace and different mobile investment apps.

https://www.ketebe.org/sanatkar/bakkal-arif-efendi-170 Despite the fact that the process is similar however, there are some major differences. You can trade cryptocurrency any time you'd like, even if the Securities and Exchange Commission regulates stocks.

https://www.digitale-sammlungen.de/de/view/bsb10251939?page=1 It is also possible to trade cryptocurrency in conjunction with other trading pairs of crypto and fiats.

Trading Crypto vs. Swing Trading
You may be asking yourself why trading in crypto is so profitable despite its volatility.

There is a 5% to 10 percent change in the price of crypto when it has the largest market cap and smaller cryptocurrencies could reach 10x per day.

It's true that this is extremely rare in stock.

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

If you're a skilled grasp of crypto, it can be very rewarding. An uninitiated person might wonder what the source of the money comes from. There is no central authority that regulates cryptocurrency.

Thus, their value comes in the form of production and supply as well as demand and adoption.

Understanding the Supply and Demand of cryptocurrency
According to the textbooks of economics according to textbooks, if demand is greater than the supply, then the price of the asset will rise.

For example in the event of an earthquake at a specific location, the price of water will rise even if the demand remains constant. The same principle of economics applies to cryptocurrency.

We are getting closer to the stage of mass adoption and investors from institutions like MicroStrategy or even a country like Ecuador are placing huge bets on cryptocurrencies. This is a fantastic time to be alive!

It is important to understand the risks associated with volatility
The market for cryptocurrency is like stock markets. Its value can fluctuate . Many people want to be crypto-savvy and make 100x profit.

Arif Efendi While there isn't any absolute certainty that an investment will continue to be profitable however, it is essential to know when you should buy an asset and when to sell it or make profits.

Warren Buffet said, "Be fearful when people are too greedy, and greedy when you are scared."

Many people who work in the field of cryptocurrency are worried. The bear markets are the most favorable times to make investments in crypto. If the asset is falling. Arif Efendi When Harry, Dick, or Tom are in panic selling.


The people who are anxious and worried could end up losing their wealth. You can make a list with cryptocurrencies you are looking to invest in and wait for them to come up.

A weekend is an excellent time to invest in a new car, since most institutional investors will have closed their trades for the week.

Right now, we are experiencing a huge shift from traditional methods of investing, in which you require a broker to a modern way, where you can purchase cryptocurrency right from your room.

Which Cryptocurrency Should I Purchase?
There are several cryptocurrencies to pick from when you go to coinmarketcap.com.

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

Arif Efendi It is now simpler to track and monitor your most loved coins. Tabtrader is an app which lets you track every move and determine when it's time for you to earn or invest in more.

Arif Efendi If you've been holding your cryptocurrency for a lengthy time, you may be able to take it and collect airdrops, or transfer them to wallets like Trustwallet, Imtoken or Myetherwallet and make sure you use secure passwords to safeguard the coins.

It is also important to save your 12-word password so you can restore your investment in the event that your host device gets missing or stolen.

Conclusion
With this information, your bank is your bank. You can transact from anywhere in the globe at any time.



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