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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi, a seasoned investor and businessman recognized that cryptocurrencies were now a legal investment asset. In this article, he shares his learnings and experiences.

Arif Emendi clarifies what the differences are between shares and Crypto
Knowing the difference between stock and cryptocurrency is crucial if you are an investor, like me. Although they share many similarities, stocks and cryptocurrencies differ.

Cryptocurrency can be described as a digital asset or currency whose transactions are recorded and verified using an uncentralized system by using cryptography instead of a centralized authority. Stocks, also called equity are securities that signify the ownership of a part of a business.

People buy both stocks and crypto with the intention of capital appreciation in particular when the currency held rises in prices.

Why do people purchase cryptocurrency and stocks?
In the case of stocks, investors purchase stocks to be able to vote and influence the company's decisions. They may also invest in stocks to collect dividends from the company.

It's very easy now to invest digitally in stocks and crypto using the new-generation market.

https://coolors.co/u/arif-efendicmop100 However, the process may look the same, but there are still distinct distinctions. For instance, while the Securities and Exchange Commission regulates securities, you are able to trade crypto at any day of the week through your mobile or smart device.

Trade in crypto using fiats or other trading pairs for crypto.

Trading Crypto is different from. Swing Trading
You may be wondering why it's more profitable to invest in crypto, despite the risk of volatility.

Arif Efendi With a large market capital, you can expect to see a swing of 5-10% in crypto. But, smaller cryptos could achieve 10x or more per day.

It's not commonplace in the stock.

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

Arif Efendi If you have a strong hand, crypto investment can be very rewarding. Uninitiated investors might be interested in knowing where the money is coming. No central institution regulates cryptocurrency.

Arif Efendi Their value is derived from the price of production, supply, demand, adoption, and availability in exchanges and utility.

Understanding the Supply & Demand in cryptocurrency
The textbook in our economics class shows us that if the demand for an asset rises more quickly than supply, the asset's price will also go up.

If there is an earthquake, for example, water prices will rise if demand is low. The same economic principle applies to cryptocurrencies.

We are moving into the mass adoption phase and institutions such as MicroStrategy and MicroStrategy, and Ecuadorean investors, are betting big on cryptocurrency. This is an exciting moment to live!

It's Important to Recognize the potential risks associated with volatility
The cryptocurrency market is just like the stock markets. Its value can fluctuate . A lot of people want to get into crypto and make 100x profits.

Although it's not certain that an asset will remain profit-making for the rest of its life It is crucial to understand when an asset should be bought and traded or sold to make profit.

Warren Buffet once said, "Be fearful of others being greedy and being greedy when others are scared."

People in the crypto space are often afraid. Bear markets are the ideal spot to buy cryptocurrency. If the price of the cryptocurrency is falling. When Harry, Dick, or Tom are in panic selling.

If people are scared and worried, they might lose their investments. Make a list of the cryptos you'd like to invest in, and keep an eye out for candle to light up red.

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

In the present, we are experiencing a huge shift from traditional methods of investing, which requires you to need a broker, to a new method where you can purchase cryptocurrency from the comfort of your own home.

Which Cryptocurrency Should I Purchase?
Arif Efendi You can pick from a variety of cryptocurrency options when you go to coinmarketcap.com.

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

It's now even easier to monitor and track your preferred currencies. http://vne-dorog-chita.ru/user/Arif-Efendibyeh879/ Arif Efendi With an app like Tabtrader, you check every swing to know when to buy more or make profits.

Arif Efendi Arif Efendi If you have held your cryptocurrency for a lengthy period of time, you could keep it and use it to get airdrops or transfer them to wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to safeguard your coins.

It is also recommended to keep your 12-word phrase in case your host device is stolen or lost.

Conclusion
All these details make you your bank. You are able to transact at any time, anywhere around the globe, using all the information you have.


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