Notes

Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi, a seasoned businessman, and investor recognized that cryptocurrencies were now a legal investment asset. In this piece, he explains his experiences and tips

Arif Elfendi discusses the differences between stocks and crypto
Knowing the difference between stock and cryptocurrency is crucial if you are an investor like me. Although there are some commonalities between cryptocurrencies and stocks, they are very different.

https://dergipark.org.tr/tr/pub/neuifd/issue/19718/210759 Cryptocurrency can be described as a digital asset or currency whose transactions are recorded and verified by a decentralized system by using cryptography instead of a centralized authority. Arif Efendi Stocks (also called equity) are securities that demonstrate the ownership of a particular part of a company.

Stocks and crypto are bought in the hope of capital appreciation, especially when an asset is increasing in price.

Why Do People Purchase Stocks and Other Cryptocurrencies
Individuals buy stocks for the purpose of voting on company decisions. They also invest to receive dividends which the company distributes among their shareholders.

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

In contrast, the procedure may appear similar, but there are still some notable differences. For instance, while the Securities and Exchange Commission regulates the trading of stocks, you can also trade cryptocurrency at any day of the week from your phone or smart device.

You can also trade using fiats and crypto trading pairs.

Trading Crypto is different from. Swing Trading
Now you may wonder why it is more profitable to trade crypto despite the volatility.

Large market cap cryptos may vary between 5% and 10 percent. Smaller cryptocurrencies, however, can increase 10 times every day.

It's the truth.

Here's an example of this: If you had made a $1000 investment on Solana It would be worth $182,000 today at the trading price of $182.

It's not necessary to be a weak investor in investing in crypto. An uninitiated person might be wondering how the money is made. The cryptocurrency market is not regulated by a central entity.

Therefore, their value stems from the price of production, supply demand, adoption and the availability in exchanges and utility.

Understanding the Supply and Demand in Cryptocurrency
It is a common theme in the economics textbook that when there is more demand than supply for an asset, its price will rise.

For example, an earthquake can cause prices for water to rise in certain areas. This same economic principle is applicable to cryptocurrency.

We are getting closer to the point of mass adoption, and investors from institutions like MicroStrategy or a country like Ecuador are placing huge bets about cryptocurrency. This is an exciting time to be alive.

Recognize the Volatility Risks
The price of crypto fluctuates similarly as the stock market. Arif Efendi Many people are eager to invest in cryptocurrency and make 100x profits.

It is impossible to predict how long an investment will last earning money. https://www.facebook.com/arif.masbremen/ However, it's important to know the best time to buy and sell an asset.

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


Many people who work in the cryptocurrency space are worried. The bear market is the most profitable place to buy cryptocurrency. When the asset is going down. Panic-selling happens when every Harry, Dick, and Tom is falling.

Arif Efendi If investors are anxious or scared, they might lose their assets. Be aware of which cryptocurrency are most appealing to you and then wait for the candle in red to light up.

Arif Efendi The weekend is the perfect time to buy, as most institutional investors will have closed their positions for the week.

There is a shift away from traditional investing methods in which a broker is required, to modern ways, where you can buy crypto from your home.

Should I Purchase an Cryptocurrency?
Arif Efendi If you go to Coinmarketcap.com, there are many cryptocurrencies available.

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

It's even easier to track and monitor your favorite coins. Tabtrader allows you to monitor each movement and decide when to invest more or profit.

If you've held onto your cryptocurrency for a long time, you may be able to take it and get airdrops. You can also move the coins into wallets like Trustwallet or Imtoken and set up secure passwords to keep them safe.

Also, it is important to keep your 12-word phrase in a safe place for future reference in case your host device becomes lost or stolen.

Arif Efendi Conclusion
With this details, you're your bank, and can make transactions at any time and anywhere you find yourself in the world.



Here's my website: https://id.pinterest.com/arifefendi37/