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Arif Efendi shares his insight on Crypto Investments with businessman Arif Efendi

Arif Efendi, a businessman and investor who has a lot of experience, saw crypto currencies as a viable investment option. This article is a reflection of his insights and experiences.

Arif Elfendi discusses the differences between stocks and crypto
It is vital to be able to distinguish between stock and cryptocurrencies for those who are, like me who is an investor. The two have a lot of similarities, however they aren't exactly the same.

Cryptocurrency refers to an electronic currency whose transactions are recorded in a decentralized way employing cryptography rather than an authority central to. Stocks (also known as equity) are securities that demonstrate the ownership of a particular part of a company.

Capital appreciation is the primary reason for people to invest in crypto and stocks. This is particularly true when the asset is rising in price.

Why Do People Purchase stocks and cryptocurrencies?
Stocks can be bought to influence or vote on company decisions. They also invest in shares to receive dividends that the company distributes to its shareholders.

It is easy to invest online in stocks and crypto through the new generation of marketplaces and a variety of mobile apps for investing.

However, the procedure may appear similar however, there are some notable differences. For instance, even though the Securities and Exchange Commission regulates stock, you can trade cryptocurrency at any time of the day from your smart phone or smartphone.

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

Trading Crypto and. Swing Trading
There is a possibility to ask why it is more profitable trading in crypto, despite its high volatility.

With a large market capital that is a good indicator of a 5%-10% swing in crypto. Arif Efendi However, smaller cryptocurrency can reach 10x or more daily.

It's true that this is quite rare in stocks.

As an example If $1000 had been invested in Solana on January 1, 2021 at $1.837, the investment would be valued at $182,000 today at $182.

It's not necessary to be a poor investor to invest in crypto. An uninitiated person might wonder where the money is coming from. No central institution regulates cryptocurrency.

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

Arif Efendi Understanding Supply and Demand in Cryptocurrency
It is a common theme in the economics textbook that if there is greater demand than supply for an asset, the price of it will increase.

For example, an earthquake could cause the price of water to increase in specific areas. The same economic principle applies to cryptocurrency as well.

We are in the middle of the stage of mass adoption. We see institutional investors such MicroStrategy as well as countries like Ecuador placing huge bets on cryptocurrency. It's an exciting moment to live in the present.

Arif Efendi Recognize Risks of Volatility
The cost of cryptocurrency fluctuates in the same way as the stock market. Many people desire to become adept with crypto and make a hundred times profit.

While there is no utmost certainty that an asset will be profitable for a long time, it is always important to know when to buy an asset, and then sell it to take profit.

Warren Buffet once said, "Be be wary of other people being greedy and being greedy if others are afraid."

Most people who work in the cryptocurrency market are nervous. Arif Efendi Bear markets are the most favorable time to make investments in crypto. When the asset is going down. When Harry, Dick, or Tom are in panic selling.

If people become anxious and scared, they could lose their holdings. Create a list to identify cryptocurrencies that you wish to invest and wait for red candles to appear.

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

Today, there's an important shift in the way we make investments. Instead of needing a broker, you can now buy crypto directly from your bedroom.

What Cryptocurrency Do I Need to Buy?
Visit coinmarketcap.com to see the list of cryptocurrency that you can select from.

My top pick always has been Solana (SOL), followed by AVAX, POLIS and ATLAS.

Now , it's simpler to track and monitor your most loved coins. Arif Efendi With an application like Tabtrader You can monitor each time you swing and can determine when to buy more or to take profit.

If you've been storing your cryptocurrency for a long time it's possible to use it and receive airdrops. You can also move your coins to wallets like Trustwallet or Imtoken and then create passwords that are secure to keep them safe.

It is important to record your 12-word phrase in order to recover your investment in the event that your host device gets missing or stolen.

Conclusion
With this details, you're your own bank and can make transactions at any time and wherever you are in the world.

Arif Efendi
Here's my website: http://vse-ekonomim.ru/author/arif-efendirkew722/