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Arif Efendi shares his insight on crypto investments with businessman Arif Efendi

Arif Efendi is a veteran businessman and investor who realized that cryptocurrency could be a legitimate investment option. This article shares his experience and tips.

Arif Elfendi discusses the differences between stocks and crypto
If you're an investor it's important to know the distinctions between stocks and cryptocurrency. Arif Efendi Both stocks and cryptocurrency have many similarities, but they aren't exactly the same.

Cryptocurrency refers to an electronic currency that records transactions through a decentralized system employing cryptography instead of an authority central to. Stocks, also called equity or securities, represent ownership of a particular portion of a business.

Capital appreciation is one of the main reason why people buy crypto and stocks. This is especially the case when the asset holds rises in price.

Why do people buy Stocks and other Cryptocurrencies?
Stocks are bought by investors to be able to vote on corporate decision-making. Additionally, they invest in order to earn dividends which the company distributes among their shareholders.

Arif Efendi It is very simple to invest digitally in stocks using the next-generation platform, as well as other investment applications.

Although the procedure may appear the same but there are distinct distinctions. Cryptocurrency trading can be done at any time of the day, regardless of whether the Securities and Exchange Commission regulates the crypto stocks.

It is also possible to trade with crypto trading pairs or fiats.

Trading Crypto vs. Swing Trading
You might be asking why it is more profitable for you to trade cryptocurrency, regardless of volatility.

The largest market cap cryptocurrency may have a swing of between 5% to 10 percent. Less popular cryptocurrency, however, may gain 10x per day.

This is extremely rare in stock.


For instance, if you had invested $1000 in Solana on January 1, 2021 at $1.837, your investment would have been worth $182,000 right now at the current trading price of $182.

If you've got a solid grasp of crypto, it can be very rewarding. An uninitiated person might be interested in knowing how the money is made. No central institution regulates cryptocurrency.

Therefore, their value comes in the form of production and supply as in addition to demand and the rate of adoption.

Understanding Supply and Demand in Cryptocurrency
The textbook on economics explains that the price of an asset will rise when demand for it grows more quickly than the supply.

In the event of an earthquake, as in, water prices will rise when demand is low. This same principle of economics also is applicable to crypto.

We are getting closer to the point of mass adoption, and institutions such as MicroStrategy or a nation such as Ecuador are placing huge bets on cryptocurrencies. It's a wonderful time to live!

https://www.newsanyway.com/2021/10/18/arif-efendi-donates-200000-to-norwich-university-as-a-testament-to-its-impact-on-his-life/ Recognize the Risks of Volatility
The value of cryptocurrency fluctuates and down just like the stock market. Many people wish to join crypto and earn 100x profit.

While there is no utmost assurance that an asset will continue to be profitable however, it is essential to know when to buy an asset, and then sell it to profit.

Warren Buffet says, "Be be cautious if you see others becoming greedy. Arif Efendi Be greedy if others are scared."

Most people in crypto are worried. A bear market is the best time to invest in crypto. When the asset is declining. When Harry, Dick and Tom panic-sell.

People who are anxious can risk losing their investment if concerned and nervous. Arif Efendi Be aware of which cryptocurrency are most appealing to you and wait for the red candle to start to burn.

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

We are witnessing a transition away from traditional investing methods in which a broker is required, to modern ways, where you can buy crypto at home.

Which Cryptocurrency Should I Purchase?
There are a myriad of cryptocurrency options when you go to coinmarketcap.com.

My top pick was Solana. POLIS followed by AVAX and ATLAS.

It's now even easier to keep track of your most-loved currencies. Tabtrader is an app that lets you monitor every single swing to determine when it's time to profit or invest in more.

If you have held your cryptocurrency for a while then you may either transfer it to receive airdrops or move them into wallets like Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to secure their users.

It is also recommended to keep your 12-word phrase in the event that your host device is lost or stolen.

Conclusion
All this information makes you your own bank and permit you to make transactions anywhere and anytime you want.



Here's my website: http://www.checkcompany.co.uk/director/10391833/MR-ARIF-EFENDI