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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi is a veteran businessman and investor who realized that cryptocurrency was a legitimate investment asset. He shares his insights and experiences in this article.

Arif Efendi discusses why Crypto is different from stocks
It is crucial to know the difference between cryptocurrencies and stocks If you're like me who is an investor. While there are some similarities between cryptocurrencies and stocks, they are very different.

The cryptocurrency is an asset that is digital and money whose transactions have been documented and verified by decentralized cryptography. It doesn't have the authority of a central authority. Stocks (also known as equity) are securities that show the ownership of a particular part of a company.

Capital appreciation is one of the main reason for people to invest in crypto and stocks. This is especially the case when the assets they hold rise in price.

Why Do People Buy stocks and cryptocurrencies?
Stocks are purchased by shareholders to vote for company decision-making. Investors also buy stocks for the dividend payments that the company pays to shareholders.

It's simple to invest in stocks and crypto today using the next-generation market and other mobile apps for investing.

Arif Efendi While the process may seem similar but there are significant distinctions. The Securities and Exchange Commission regulates stocks. However, trading in crypto is accessible from any smartphone or smart device anytime.

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

Trading Crypto vs. Swing Trading
You might be asking yourself why trading cryptocurrency is so profitable in spite of its high volatility.

A large market cap can result in a fluctuation of 5% to 10% in crypto, while smaller cryptocurrencies may see 10x gains within a single day.

This is a very scarce item.

To illustrate, if you had invested $1000 in 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're not a weak player. Arif Efendi A noob may ask where the money is coming from. Regulation of cryptocurrency is not controlled by a central authority.

The cost of production supply, demand, and cost are the primary elements that determine their value.

https://jobs.ict-edu.uk/user/thomsonthuesen1257/ Understanding the Supply of Cryptocurrency and Demand
According to the textbooks of economics according to textbooks, if demand is greater than supply, then the value of the asset will go up.

In the event of an earthquake occurring in a place that is affected by water, the price of water will increase if there is a demand for it is not. This economic principle also applies to cryptocurrency.

We are getting closer to the stage of mass adoption. Arif Efendi This is where we witness institutional investors like MicroStrategy as well as countries like Ecuador placing huge bets on cryptocurrencies. It's a wonderful time to live in.

Be aware of the volatility risks
The cryptocurrency market is just like the stock market. Its value can fluctuate . Many people desire to become crypto-savvy and make 100x profit.

Although it is highly unlikely that an investment will continue to earn a profit There are occasions when it's worth your time to purchase an asset and then sell it or take profits.

Arif Efendi Warren Buffet says, "Be fearful if others become greedy. Be greedy when other people are afraid."

Many people who work in the cryptocurrency space are concerned. Bear markets are the most favorable times to invest in crypto. If the value of the currency drops. Panic-selling occurs when there is none of Harry, Dick or Tom.

People who are worried and worried could end up losing their wealth. You should make a list of the cryptocurrencies you want to invest in and then wait for the red candles to show up.

The weekend is the perfect time to buy, as most institutional investors will be closing their trades for the week.

There is a major shift in how we make investments. Instead of having to rely on a broker, you can now buy crypto directly from your bedroom.

What Cryptocurrency Should You Buy?
There are a variety of cryptocurrencies to select from if you go to coinmarketcap.com.

My top choice was Solana. POLIS, AVAX and ATLAS were in close proximity.

Arif Efendi It's also easier to keep track of your most loved coins and keep an an eye on them. Tabtrader makes it simple to keep track of each move and determine when you need to buy more.

If you have held your crypto for a long time then you may either transfer it and receive airdrops, or move them into wallets such as Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to protect their users.

Your 12-word word phrase should be saved to ensure that you can restore your investment in the event of your host device is lost or stolen.

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


My Website: https://poigrala.ru/user/Arif-Efendioplh207/