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

Arif Efendi is a seasoned investor and businessman who realised that cryptocurrency could be a legitimate investment asset. In this piece, he explains his experiences and tips

Arif Elfendi discusses the differences between stocks and crypto
Investors like me must know the difference between stock and cryptocurrencies. While they have several similarities, stocks and cryptocurrency are distinct.

Arif Efendi Arif Efendi The cryptocurrency is a digital asset and currency whose transactions are documented and verified by decentralized cryptography. It does not rely on the authority of a central authority. Stocks, also called securities or equity, are the ownership of a specific portion of a business.

The majority of people purchase stocks as well as crypto with an eye on capital appreciation in particular when the currency is valued increases in value.


Why do people buy shares and cryptocurrencies
Stocks are bought for voting or to influence the company's decision-making. They can also invest in stocks to collect dividends from the company.

It's quite simple to invest your money digitally in crypto and stocks today with the next-generation marketplace and numerous mobile investment apps.

Despite the fact that the process looks similar, there are some significant differences. It is possible to trade cryptocurrency at any time you want, even though the Securities and Exchange Commission regulates stocks.

Trade crypto with fiats , or other crypto trading pairs.

Trading Crypto Vs. Swing Trading
You can ask why it is more profitable trading cryptocurrency, despite the fluctuation.

A huge market cap could cause a shift of 5% to 10% for cryptocurrency, while smaller cryptos can see gains of 10x in just a day.

This is a rare stock.

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

It can be profitable if you're not in a position of weakness. The money can come from a person who is not your own. The regulation of cryptocurrency is not controlled by a central authority.

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

Understanding the Supply and Demand in cryptocurrency
According to the textbooks of economics according to textbooks, if demand is greater than the supply, the cost of the asset will increase.

In the event of an earthquake, for example the price of water will increase if demand is low. This same economic principle applies to cryptocurrencies.

We are now in the mass adoption phase. Institutional investors such as MicroStrategy are investing heavily in cryptocurrencies. It's a wonderful time to live in.

It is crucial to be aware of the dangers of volatility
Cryptocurrency's value fluctuates like the market for stocks. Many are keen to invest in crypto and make 100x profits.

It is impossible to predict whether an asset will continue earning money. Arif Efendi However, it is important to know when you should buy and sell the asset.

Warren Buffet says, "Be be cautious if you see others becoming greedy. Be greedy when other people are afraid."

The crypto community's members are often afraid. Bear markets are the best time to make investments in crypto. If the asset is falling. Panic-selling is when there are none of Harry, Dick or Tom.

People who are worried and worried could end up losing their wealth. Create a list to identify the cryptocurrencies you want to invest in and watch for candles to light red.

Another option to buy is on weekends, since institutional investors close their trades for the week.

Today, there is an important shift in the way we invest. Arif Efendi Instead of having to rely on the services of a broker, you are able to now purchase crypto right in your home.

What Cryptocurrency Should You Purchase?
There are a myriad of cryptocurrencies if you visit coinmarketcap.com.

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

Arif Efendi It's even easier to monitor and track your most-loved currencies. Tabtrader allows you to monitor each move so that you can decide when to take profits or purchase more.

If you've been holding your cryptocurrency for a lengthy time, you may be able to take it and collect airdrops, or transfer them to wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to safeguard them.

Arif Efendi Your 12-word phrase should also be saved in order to restore your asset in the unlikely event that the host device you are using is lost or taken.

Conclusion
All of this information makes you your bank. You can transact any time, anywhere in the world, with all the information you have.



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