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Arif Efendi shares his insights on Crypto Investment with a businessman

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

Arifefendi explains how Crypto is different from Stocks
Investors like me need to be aware of the distinctions between stocks, cryptocurrency and other investment options. While there are some similarities between cryptocurrency and stocks however, they're very distinct.

Cryptocurrency is a digital asset or currency whose transactions are recorded and verified through an uncentralized system using cryptography instead of a centralized authority. Stocks (also called equity) are securities that prove the ownership of a particular part of a company.

When the price of an asset increases the crypto and stocks are bought with the intention of capital appreciation.

The reason people invest in stocks and cryptocurrencies
Stocks are bought for voting or to influence the company's decisions. Additionally, they invest in order to earn dividends which the company distributes among their shareholders.

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

While the process might appear identical however, there are some important differences. You can trade cryptocurrency any time you want, even though the Securities and Exchange Commission regulates stocks.

You can also trade cryptocurrency using other crypto trading pairs and fiats.

Trading Crypto vs. Arif Efendi Swing Trading
There is a possibility to ask why it's more profitable trading crypto, despite the high volatility.

Cryptos with huge market cap can fluctuate from 5% to 10%, while smaller cryptos can reach 10x in one day.

It is not common in stock.

For instance, if you were to have invested $1000 in Solana on January 1, 2021, at $1.837 the investment would be worth $182,000 at the trading price of $182.

It is extremely profitable investing in crypto, if you aren't a weak investor. The money may be from a foreign source. Arif Efendi There is no central authority that regulates cryptocurrency.

They are , therefore, worth their cost in terms of supply, demand , and production.

Understanding the Demand and Supply in cryptocurrency
We know from the economics textbook that if there's greater demand than supply for an asset its price will rise.

If there's an earthquake at an area where water is available, the cost of the water will rise if the demand for it isn't. The same economic concept is applicable to cryptocurrencies as well.

We are nearing the stage of mass adoption. We find institutional investors like MicroStrategy and countries like Ecuador placing big bets on cryptocurrency. Arif Efendi It's an exciting time to be alive.

It is important to be aware of the risks of volatility
The value of cryptocurrency fluctuates in the same way as the market for stocks. Many people are eager to invest in crypto to achieve 100x returns.

Arif Efendi Although it's not certain that an asset will remain profit-making for the rest of its life it is essential to know when an asset is best to be sold or taken profit.

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

The majority of people working in the cryptocurrency market are nervous. The bear market is the ideal spot to buy cryptocurrency. When the asset is declining. If every Tom, Dick and Harry is selling in a panic.

If people become anxious and fearful, they could lose their holdings. It is possible to make a list with cryptocurrencies you are looking to invest in and wait for them to appear.

An ideal time to invest is during the weekend, because most institutional investors have closed their trades.

Arif Efendi There is a huge shift taking place in the present from traditional investment methods which require you to work with a broker, to modern ones where you can easily buy crypto from the privacy of your own home.

Which Cryptocurrency should I purchase?
There are a variety of cryptocurrencies to choose from if you visit coinmarketcap.com.

My personal favorite was Solana. Arif Efendi It was followed by VAX, POLIS, and ATLAS.

It's even easier to monitor and track your most-loved currencies. Tabtrader lets you track each movement and decide when to invest more or gain.


If your cryptocurrency was held for a while you can take airdrops and transfer the coins into wallets. Arif Efendi Trustwallet. https://books.google.co.uk/books?id=hKg-rQcBNXsC&pg=PA116&lpg=PA116&dq=arif+efendi&source=bl&ots=EFH8NlI_Ef&sig=ACfU3U09UkVjGrZ_yzUsVsHr4IEmBuiQ-w&sa=X Imtoken. Myetherwallet.

Additionally, it is essential to save your 12-word phrases for future reference in case your host device gets lost or stolen.

Conclusion
You are your bank with all of this information. Make transactions wherever you are around the globe at any time.



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