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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi who is a successful investor, businessman and entrepreneur, realized that cryptocurrencies have become an investment option. In this article the author shares his experience and insights.

Arif Efendi explains the difference between Crypto vs. Stocks
An investor like myself needs to know the differences between cryptocurrency, stocks, and other investments. Although they have several similarities, stocks and cryptocurrency are distinct.

Cryptocurrency, a type of digital asset which is used to store and verify transactions employs cryptography as an alternative to the central authority. Stocks, also known as equity or securities, represent ownership of a particular portion of a company.

With capital appreciation in mind when purchasing crypto or stocks, especially when prices rise individuals tend to purchase both.

Why Do People Buy Stocks and Cryptocurrencies?
Stocks can be purchased to vote or influence the company's decisions. They may also invest in stocks in order to receive dividends from companies.

It's very easy to invest your money digitally into stocks using the next-generation platform as well as other mobile investment applications.

While the process might appear similar but there are important distinctions. The Securities and Exchange Commission regulates stocks. However, crypto trading can be conducted on any smartphone or smart device anytime.


You can also trade crypto with crypto trading pairs, fiats or crypto.

Trading Crypto is different from. Swing Trading
You may be asking yourself why trading crypto is so profitable in spite of its volatility.

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

Arif Efendi This is a very scarce item.

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

The investment in crypto can be rewarding if you are not a weak hand. Some novices might wonder where the money originates. The cryptocurrency market is not regulated by a central entity.

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

Arif Efendi Understanding Cryptocurrency Supply and Demand
According to the textbooks of economics according to textbooks, if demand is higher than the supply, then the price of the asset will go up.

If there is an earthquake in a specific area, the price of water will rise , even when the demand is not changing. The same economic concept is applicable to cryptocurrency.

We are currently in the phase of mass adoption. Institutional investors like MicroStrategy are investing big in cryptocurrencies. This is a great moment to be alive.

Recognize the Risks of Volatility
The market for cryptocurrency is like stock market. Its value can fluctuate . Many people want to be adept with crypto and make a hundred times profit.

There is no guarantee that the profitability of an asset will be constant, however it is essential to know the time to dispose of an asset or earn profits.

Warren Buffet stated, "Be fearful when others get greedy and be greedy whenever you see others being afraid."

The majority of people who invest in cryptocurrency are worried. The best time to invest in cryptocurrency is in the bear market. When the price of cryptocurrency is dropping. When Harry, Dick and Tom panic-sell.

The people who are anxious and fearful could lose their wealth. You can make your own list of cryptocurrencies that you're looking to invest in and wait for them to show up.

The best time to invest is the weekend, because the majority of institutional investors have shut their positions.

We are witnessing a shift away from traditional investing methods that require a broker to be required, to modern ways, where you can buy cryptocurrency from the comfort of your home.

What Cryptocurrency Should You Buy?
Go to coinmarketcap.com to see the various cryptocurrencies you can choose from.

https://www.abebooks.co.uk/servlet/BookDetailsPL?bi=30979505756&searchurl=an=bilgi+kenber&sortby=17&cm_sp=snippet-_-srp1-_-image1 My most-loved pick has always been Solana (SOL), followed by AVAX, POLIS and ATLAS.

Arif Efendi It's now even simpler to track and monitor your preferred currencies. Arif Efendi Tabtrader makes it simple to track each swing, and when you should buy more.

If your cryptocurrency was stored for a long time you can take airdrops and transfer them into accounts. Trustwallet. Imtoken. Myetherwallet.

Also, keep your 12 words handy in case you need to locate your assets in the scenario of the host device becoming lost or taken.

Conclusion
All of this information makes you your bank. You can make transactions at any time, anywhere in the world, using everything you own.



Website: https://www.abebooks.co.uk/servlet/BookDetailsPL?bi=30979505756&searchurl=an=bilgi+kenber&sortby=17&cm_sp=snippet-_-srp1-_-image1