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

Arif Efendi, a businessman and investor with a wealth of experience, recognized cryptocurrency as an investment option. He shares his experiences and experiences in this article.

Arif Efendi discusses how Crypto is different from stocks.
Investors like me must be aware of the distinction between stocks and cryptocurrencies. While they have some similarities, cryptocurrencies are not the exact same as stocks.

The term "cryptocurrency" refers to a form of digital currency or asset which can be recorded and verified through a decentralized system through cryptography . This replaces a centralized authority. However stock, also known as equity are securities that represent ownership of a part of a firm.

The majority of people purchase stocks as well as crypto with the intention of capital appreciation in particular when the currency held rises in prices.

Why people Buy Cryptocurrencies and Stocks
Individuals buy stocks to be able to vote on company decision-making. Stockholders are also able to invest in stocks to receive dividend payments from the company.

It's very easy now to invest digitally in stocks and crypto through the next-generation marketplace.

While the process might appear the same, there are still important differences. The Securities and Exchange Commission regulates the trading of stocks. However, trading in crypto can be done from any mobile or smart device anytime.

Trade in crypto using fiats or other trading pairs for crypto.

Trading Crypto Vs. Swing Trading
You can ask why it's more profitable trading in crypto, despite its volatility.

Arif Efendi You can see an 5%-10% swing on crypto with an enormous market cap and smaller cryptocurrencies could reach 10x in a particular day.

This is a rare stock.


To illustrate, if you earned $1000 from Solana's Solana stock on January 1, 2021, for $1.837 Your investment would now be worth $182,000 at the current trading prices of $182.

It can be extremely profitable investing in crypto as long as you aren't a weak investor. An uninitiated person might wonder where the money is coming from. Cryptocurrency is not regulated by any central authority.

Arif Efendi Thus, their value comes from the costs of production, supply demand, adoption and availability on exchanges and utility.

Understanding Supply and Demand in Cryptocurrency
The textbook of economics tells us that the price of an asset will increase when demand for it grows more rapidly than its supply.

If there is an earthquake for instance water prices can rise if demand is low. This same principle of economics also applies to cryptocurrency.

We are getting closer to the mass adoption phase. Arif Efendi Arif Efendi This is when we witness institutional investors like MicroStrategy as well as nations such as Ecuador making big bets on cryptocurrencies. It's a great time to live in the present.

It's Important to Recognize the Risks of Volatility
The value of crypto currency fluctuates like the stock market. Many want to join crypto and earn 100x profit.

While there is no utmost assurance that an asset will be profitable for a long time, it is always important to know when to buy an asset and sell or take profit.

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

Many people who work in the crypto space are anxious. A bear market is the ideal moment to buy crypto. The asset is down. Panic-selling is when the value of Harry, Dick, and Tom is going down.

If investors are anxious or scared, they may lose their holdings. Arif Efendi Have a list of cryptocurrencies you would like to invest in and wait for the candles to show up.

A great time to invest is the weekend, as the majority of institutional investors have closed their trades.

There is significant change in the way we invest. Instead of needing the services of a broker, you are able to buy crypto from your bedroom.

Which Cryptocurrency should I buy?
There are many cryptocurrencies available to select from if you check coinmarketcap.com.

My first option has been Solana which is followed closely by AVAX and POLIS.

It's even easier to monitor and track your preferred coins. Tabtrader lets you track every move so that you can decide when to profit or buy more.

If you have held your crypto for a long time then you may either transfer it to receive airdrops or transfer them to wallets such as Trustwallet, Imtoken, or Myetherwallet. Secure passwords can be used to safeguard the security of your crypto.

Keep a copy of your 12-word phrase in the event that your host device is lost or stolen.

Conclusion
With all of this information, you are your bank, and can make transactions at any time and wherever you are in the world.



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