Notes

Businessman Arif Efendi on Crypto Investment
Arif Efendi, both an entrepreneur and an investor, found investing in cryptocurrency to be a valid method of investing. Here are some of his insights and lessons.

ArifEfendi analyzes Cryptocurrency & Stocks

Efendi begins by stating that Cryptocurrency is a distinct concept than stocks. While they don't share the same features, cryptocurrencies and stock both share similar characteristics.

Cryptography records transactions and verifies the authenticity of transactions in a distributed system, instead of a central authority. Stocks are securities which represent ownership of a specific area of a business.

Capital appreciation is a reason for why people invest in cryptocurrency and stocks.

Cryptocurrency, Stocks, and Why Do People Buy These?

Stocks are purchased for voting rights that can influence the company's decisions. They also invest in stocks to receive dividends that the company distributes to its shareholders.

Making investments in digital currency such as Crypto or stocks is never easier thanks to the latest-generation marketplace and a variety of mobile apps for investing.

Although the process may appear the same, some significant differences remain. Even though the Securities and Exchange Commission regulates stock trading, you can trade Crypto directly through your phone or tablet.

You can also trade crypto using a different cryptocurrency trading pairs or currency.

Arif Efendi Talks Swing vs. Crypto

With the current volatility, you may wonder why it is more profitable trading cryptocurrencies.

Crypto is able to fluctuate between 5 and 10% because of its huge market capital. The price of smaller cryptocurrency can increase by 10x within a day.

This is a rare thing in the stock market.

The money you invested in Solana would be worth $182,000. If you had $1000 invested at $1.837 per share, it would be worth $182,000. This investment is made at the current trading prices of $182.

Investing in cryptocurrency can be lucrative if you're not a weak hand. Although cryptocurrencies can be confusing for beginners, there is no central authority to regulate the use of these currencies.

The value of the product is determined by its price as well as supply, demand acceptance and the exchange's availability.

Arif Efendi What is the best way to mine cryptocurrency?

Mining cryptocurrency units is to let them out into the wild. This requires verification of transactions. While cryptocurrency mining can be carried out theoretically by anyone, it is more challenging for those who use proof-of-work systems such as Bitcoin.

Efendi asserts that Bitcoin becomes more complicated as it grows in complexity. That means Bitcoin needs more processing power. Arif Efendi Bitcoin miners verify transactions and then add them to the blockchain making corrections to complex mathematical problems.

To pay miners for their work in confirming transactions, cryptocurrency is given. It requires a lot of energy to mine cryptocurrencies with proof-of-work.

Bitcoin mining draws electricity each year at 127 terawatthours (TWh), more power than Norway.

It's impossible for a common person to earn Crypto through mining in proof-of-stake work systems. Random selection is made on the basis of how much they are willing to stake. It requires less computing power.

Participation is only available if you have a cryptocurrency.

Arif Efendi A Study of Demand and Supply for Cryptocurrency

Arif Efendi has stated that if the demand is greater than the supply, the price of an asset is likely to increase.

When there is an earthquake in one area, water prices will rise. Cryptocurrencies are based on the same principles.

In the present, institutions like MicroStrategy or countries like Ecuador place bets on cryptocurrency.

Arif Elfendi suggests to accept the risk

Similar to stocks, the prices of cryptocurrency fluctuate. Many people are looking to invest 100 times their money in Crypto.

It is not possible to guarantee that the assets will continue to be profitable. However it is essential to be aware of when to purchase or sell.

Warren Buffet said, “Be afraid of others being greedy and greedy if others are scared.”

People in the crypto space are usually scared. If the cryptocurrency market is in a slump and Tom Dick Harry is selling out in a panic and it's the perfect opportunity to purchase it.

When people are stressed and scared, they could be prone to losing money. Make a list of the cryptocurrencies that you want to invest in, and then watch for candles to turn red.

Another good time to purchase is during the weekend, as institutional investors end their weekly trades.

Traditional investment methods don't need an intermediary anymore, as you can buy Crypto from your own home.

Arif Efendi's Recommendations

On coinmarketcap.com you can select from various different cryptocurrencies.

Arif Efendi likes Solana (SOL), and then AVAX POLIS and ATLAS.

It is now possible to track your most loved coins better than ever before. Tabtrader lets you track every swing so that you can determine when you should profits or purchase more.

You can also take your cryptocurrency and receive airdrops. Or, you can place it in wallets such as Trustwallet (Imtoken), Trustwallet (Myetherwallet) or Imtoken (Trustedwallet). Also, you should protect your cryptocurrency by creating strong passwords.

The 12-word phrase you have chosen to use must be saved to enable you to recover your investment in the event that the host device becomes lost.

The Future of Cryptocurrency

It is evident that cryptocurrency is making waves across the globe. Bitcoin and Ethereum currently lead this movement. Arif Efendi Many are wondering about the Cryptocurrency's future.

Looking into the future, it is evident that Cryptocurrency will grow popular and widespread.

Cryptocurrency is expected to become more popular as more people embrace it, making it an attractive investment option.

We also can expect to see more inventive ways to use cryptocurrency technology, because the technology behind it improves. In the end, the future is promising for Cryptocurrency and those who decide to invest in it.

One of the reasons Cryptocurrency is so well-known is the fact that it is free of traditional currency regulations. This permits Cryptocurrency to be used in more locations and by more people.

It is not under the control of any country or organisation. It is therefore more able to withstand financial crises.


The supply of cryptocurrency is extremely limited, so it is unlikely that its value will rise in the near future. Cryptocurrency is therefore an investment that is long-term and reliable.

All of this information is your own bank and you are able to transact anywhere and whenever you like.

You never know, you might be able to donate enough of your earnings to your preferred charities.

For more information like this, follow Arif Efendi on Twitter at https://twitter.com/arifouo. https://picryl.com/topics/bakkal+ahmed+arif+efendi

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