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

Arif Efendi is a seasoned businessman and investor who realized that cryptocurrency could be a legitimate investment option. https://bitrebels.com/business/crypto-enthusiast-arif-efendi-why-prefer-cryptocurrency-over-stocks/ In this article, he shares his learnings and experiences.

https://find-and-update.company-information.service.gov.uk/officers/Ey_lyqyWi7zYIDz6gqhtbb_89cc/appointments Arif Elfendi explains the differences between stocks and crypto
A person like me who invests in stocks needs to be aware of the distinctions between stock, cryptocurrency, and other investment options. Cryptocurrencies and stocks share some similarities, but they aren't exactly the same.

Cryptocurrency is a digital asset that is used to record and verify transactions employs cryptography as an alternative to a central authority. However, stocks, also called equity are securities that show ownership of a part of a business.

If the value of an asset increases, both stocks and crypto are purchased with the goal of capital appreciation.

Why do people buy cryptocurrency and stocks
Stocks are bought by investors who purchase stocks to vote and influence the company's decisions. Stockholders can also invest in stocks to receive dividend payments from the company.

It's easy to invest your money digitally into stocks using the next-generation platform, as well as other investment applications.

However, the process might look similar however there are some notable differences. For instance, while the Securities and Exchange Commission regulates the trading of stocks, you can also trade cryptocurrency at any moment of the day via your smartphone or other smart device.

You can also trade cryptocurrency using other trading pairs of crypto and fiats.

Trading Crypto is different from. Swing Trading
It is possible to ask what makes trading crypto more profitable in spite of its volatility.

You can see an 5%-10% swing on crypto with the largest market cap and smaller cryptocurrencies could reach 10x per day.

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

If you invested $1000 in Solana at $1.837 1st January 2021 the investment would be worth $182,000 at the current market price of $182.

It can be rewarding , if you're not in a position of weakness. An uninitiated person may be curious about how the money is made. Arif Efendi There is no central authority to regulate cryptocurrency.

Arif Efendi Therefore, their value comes from the costs of supply and production, as well as the demand and acceptance.

Understanding Supply and Demand in Cryptocurrency
From our economics textbook, we know that if demand for an asset goes higher than supply, the price of that asset will go up.

For example when there is an earthquake in a location where water is needed, the cost will rise if demand is static. The same economic principle applies to cryptocurrency.


We are nearing the stage of mass adoption and investors from institutions like MicroStrategy or a nation like Ecuador are betting big on cryptocurrency. This is an exciting time to live!

It's crucial to know the risks of volatility
The cryptocurrency market is just like the stock markets. Its value can fluctuate . Many people would like to become adept with crypto and make a hundred times profit.

While there isn't any absolute assurance that an asset will be profitable for a long time however, it is essential to know when you should buy an asset and sell or make profits.

In the words of Warren Buffet, "Be fearful when you see greedy people around you and be greedy when other are fearful."

The crypto community's members are often afraid. The bear markets are the best time to make investments in crypto. The asset is down. When every Tom, Dick and Harry is panic-selling.

If investors are anxious or scared, they may lose their holdings. Create a list of cryptocurrencies that you want to invest in, then watch for the candles to turn red.

The weekend is the perfect opportunity to purchase, since the majority of institutional investors will have closed their trades for the week.

The traditional way of investing requires an intermediary. Arif Efendi The modern way of buying crypto can be done from the comfort in your living room.

Which Cryptocurrency Should I Purchase?
If you go to Coinmarketcap.com, there are numerous cryptocurrencies on offer.

My first choice was Solana. POLIS followed by AVAX and ATLAS.

It's simpler than ever to monitor and track your most loved cryptocurrency. Tabtrader lets you track every step so that you are able to decide when to take profits or invest in more.

If you've been holding your cryptocurrency for a long period of time, you could take it and collect airdrops or move them to wallets like Trustwallet, Imtoken or Myetherwallet and make sure you use secure passwords to protect them.

Arif Efendi You should also keep your 12-word phrase just in case your host device is lost or stolen.

Conclusion
With this information, your bank is now your bank. You can make transactions anywhere around the world at any hour.



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