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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi is a veteran investor and businessman who realized that cryptocurrency was an acceptable investment asset. Here are his observations and lessons.

Arif Elfendi explains distinctions between crypto and stocks.
Arif Efendi Investors like me need to be aware of the distinctions between cryptocurrency, stocks, and other investment options. While there are some similarities between stocks and cryptocurrencies, they are very different.

The cryptocurrency is a digital asset and currency whose transactions are recorded and verified via a decentralized cryptography. Arif Efendi It does not depend on an authority central to it. Stocks, also referred to as equity or securities, represent ownership of a certain part of a business.

https://www.ketebe.org/sanatkar/bakkal-arif-efendi-170 Stocks and crypto with capital appreciation in mind, especially when the asset held rises in prices.

Why People Buy stocks and cryptocurrencies
Stocks are also able to be bought to influence decisions of the company and vote. Stockholders are also able to invest in stocks to earn dividends from companies.

It is easy to invest online in stocks and crypto using the latest generation marketplace and various mobile apps for investing.

While the process looks similar but there are some important distinctions. For example, although the Securities and Exchange Commission regulates stock, you can trade crypto anytime throughout the day via your smart phone or smartphone.

You can also trade with fiats or crypto trading pairs.

https://scholar.google.co.id/citations?user=1H3CimcAAAAJ Trading Crypto vs. Swing Trading
You might be wondering why trading crypto is so profitable, despite its volatile nature.

A large market cap can result in a fluctuation of between 5 and 10% on crypto, while smaller cryptocurrencies may see 10x gains in just a day.

It's not commonplace in stock.

You can see an example of this: If you had made a $1000 investment on Solana the stock, it would be worth $182,000 at the trading price of $182.

There is no need to be a poor investor to invest in crypto. Uninitiated investors may be curious about where the money comes from. Cryptocurrency is not regulated by any central institution.

Thus, their value comes down to the cost of supply and production as in addition to demand and the rate of adoption.

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

For example, an earthquake can cause the price of water to increase in certain areas. This economic principle also applies to cryptocurrency.

We are now in the stage of mass adoption, and institutions like MicroStrategy, as well as Ecuadorean investors are betting big on cryptocurrency. This is an exciting time to be alive.

It's Important to Recognize the potential risks associated with volatility
The value of crypto currency fluctuates just like the stock market. Many people want to make 100x profits by investing in crypto.


Arif Efendi Although there isn't a 100% assurance that an asset will always be profitable, it is always important to know when to buy an asset and sell or profit.

Warren Buffet said, "Be scared when you see others being greedy and greedy when other are scared."

Many people who work in the cryptocurrency space are anxious. The bear markets are the most favorable time to make investments in crypto. If the price of the cryptocurrency is going down. If Harry, Dick, or Tom are selling in a panic.

If investors are anxious or fearful, they could lose their holdings. Keep track of which cryptocurrencies are the most appealing to you and then wait for the red candle to light up.

A great investment time is during the weekend, because the majority of institutional investors have closed their trading.

At present, we're witnessing a major shift away from traditional methods of investing, which requires you to require a broker to a modern way, which allows you to buy cryptocurrency from the comfort of your own home.

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

My top pick was Solana. POLIS, AVAX as well as ATLAS were close behind.

It's even simpler to track and monitor your favorite currencies. With an app such as Tabtrader You can monitor every swing to know when to buy more or to take profit.

If you've been holding your cryptocurrency for a while, you can either take it and receive airdrops, or transfer it into wallets like Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to secure their users.

It is also important to record your 12-word phrase in order to recover your asset in case your host device goes missing or is stolen.

Conclusion
With all this details, you're your own bank and are able to transact anytime and from any location in the world.



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