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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi, a seasoned investor and businessman was aware that cryptocurrency were now a legal investment option. In this piece, he shares his learnings and experiences.

Arif Emendi clarifies the differences are between shares and Crypto
Investors like me must know the difference between stocks and cryptocurrencies. The two have a few similarities though they are not exactly the same.

Cryptocurrency is a digital asset or currency whose transactions are documented and verified through an uncentralized system by using cryptography instead of a centralized authority. Stocks, also called equity or securities, represent ownership of a certain part of a business.


When the cost of an asset increases both crypto and stocks are bought in the hope of capital appreciation.

Why Do People Buy Stocks and Cryptocurrencies
Stocks are bought by people to vote for company decisions. Also, they invest to receive dividends, which the company distributes to its shareholders.

It's easy to invest now in shares and crypto through the new-generation market.

While the process may seem the same however, there are some distinct distinctions. It is possible to trade cryptocurrency at any time of the day, regardless of whether the Securities and Exchange Commission regulates the stocks.

You can also trade cryptocurrency in conjunction with other crypto trading pairs and fiats.

Trading Crypto vs. Swing Trading
You may be wondering why trading crypto is so profitable despite its high volatility.

With a huge market capitalization is expected to see a 5%-10% swing in crypto. But, smaller cryptos might be able to achieve 10x or higher per day.

This is actually a very rare situation in stocks.

Arif Efendi You can see an example of this: If you had invested $1000 on Solana the stock, it is worth $182,000 today at the trading price of $182.

If you're not afraid investing in cryptos can be very profitable. Noobs may wonder where the money comes from. It is not possible to regulate cryptocurrency from an authoritative central authority.

Arif Efendi They therefore are worth their cost in terms of supply, demand , and production.

Arif Efendi Understanding the Supply and Demand in cryptocurrency
The textbook of economics tells us that the cost of an asset will rise when demand for it grows more quickly than the supply.

For example in the event of an earthquake that strikes a particular area, the price of water will increase if the demand remains constant. The same economic principle is applicable to cryptocurrencies.

We are in the phase of mass adoption. Institutional investors like MicroStrategy are investing massively in cryptocurrency. It's an exciting moment in the world of cryptocurrency.

It is important to understand the risks associated with volatility
The value of crypto currency fluctuates just like the market for stocks. https://newshunt360.com/arif-efendi-says-cryptocurrency-is-the-new-stock-exchange/ Many are keen to invest in crypto to achieve 100x returns.

Arif Efendi It is impossible to predict whether an asset will continue earning money. However, it is crucial to understand the best time to buy and sell an asset.

According to Warren Buffet, "Be fearful when others are greedy and be greedy when you are afraid."

Most people who work in the crypto market are afraid. A bear market is the ideal moment to buy cryptocurrency. The price of cryptocurrency is declining. When Harry, Dick, or Tom are panic-selling.

If investors become worried and scared, they could lose their investments. Make a list of the cryptocurrencies you want to invest in and then wait for red candles to appear.

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

Right now, we are witnessing a major shift away from traditional methods of investing, in which you require a broker to a modern way, where you can purchase crypto from the comfort of your home.

Which Cryptocurrency Do I Have to Purchase?
There are many options to choose from when you visit coinsmarketcap.com.

My favorite always has been Solana (SOL) and then AVAX, POLIS and ATLAS.

It's now easier to monitor and track your favorite currencies. Arif Efendi With an app such as Tabtrader You can monitor each swing and know when to buy more or make profits.

If you hold your crypto for a lengthy time frame You have the option to collect airdrops, or transfer them into wallets like Trustwallet. Imtoken or Myetherwallet. Use secure passwords to safeguard them.

Keep your 12-word phrase handy to ensure you are able to retrieve your valuables in the case of a host device being lost or stolen.

Conclusion
Your bank has all of this data. Transact wherever you're located around the globe anytime.



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