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Arif Efendi, Businessman, Gives His Thoughts on Crypto Investment

Arif Efendi is an experienced investor and businessman who realised that cryptocurrency could be a legitimate investment option. In this article he shares his experience and knowledge

Arifefendi explains how Crypto is different from Stocks
Understanding the difference between cryptocurrency and stock is vital if you're an investor just like me. Although there are some similarities between stocks and cryptocurrencies, they are very different.

Cryptocurrency is a type of digital asset or currency that is recorded and verified through an uncentralized system using cryptography instead of a central authority. Stocks (also known as equity) are securities that prove ownership of a certain portion of a company.

With capital appreciation in mind when buying stocks or crypto, particularly when the price of the asset rises individuals tend to purchase both.

Why do people buy Stocks and Cryptocurrencies?
Stocks are also able to be bought to influence the company's decisions and to vote. Investors also buy shares to earn dividends that the company makes to shareholders.

It is quite easy to invest in digital crypto and stocks right now with the next-generation marketplace and numerous mobile investment apps.

The process may appear similar, but there are some important distinctions. The Securities and Exchange Commission regulates the trading of stocks. However, trading in crypto is accessible from any mobile or smart device at any time.

You can also trade cryptocurrency using other crypto trading pairs as well as fiats.

Trading Crypto and. Swing Trading
Now you may wonder why it's better to invest in trading crypto despite the risk of.

https://cervantes-mangum.hubstack.net/arif-efendi-explains-the-relationship-between-blockchain-and-cryptocurrency-1697011697 A high market cap can result in a fluctuation between 5% and 10% on cryptocurrency, while smaller cryptos may see 10x gains in a single day.

It's not a common stock.

You can see an example of this: If you had invested $1000 on Solana the stock, it would be worth $182,000 at the price of $182.

There is no need to be a weak investor in investing in crypto. The money may be from a foreign source. The regulation of cryptocurrency is not done by a central institution.

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

Arif Efendi Understanding the Supply & Demand in Cryptocurrency
According to economics textbooks If the demand is higher than the supply, then the price of the asset will increase.

Arif Efendi If there is an earthquake for instance the price of water will increase if demand is low. This same economic principle applies to cryptocurrency.

Arif Efendi We are in the middle of the mass adoption phase. We see institutional investors such MicroStrategy as well as nations such as Ecuador placing big bets on cryptocurrencies. It's a wonderful time to live!

Be aware of the volatility risks
Like the stock exchange The value of cryptocurrency changes. A lot of people are hoping to make 100x profits by investing in cryptocurrency.

Although it is unlikely an asset would continue to earn a profit There are times when it is worth your time to purchase an asset and then either sell it or profits.

Warren Buffet once said, "Be be wary of other people being greedy, and be greedy if others are afraid."

Most people in crypto are scared. Bear markets are the best place to buy cryptocurrency. If the price of the cryptocurrency is falling. Panic-selling occurs when every Harry, Dick, and Tom is falling.

If investors are anxious and anxious, they could lose their assets. Keep a list of cryptos you would prefer to invest in and look for the candles to start appearing.

The weekend is the perfect opportunity to purchase, since most institutional investors will close their trades for the week.

The traditional way of investing requires the services of a broker. https://open-isa.org/members/arif-efendirqbw320/activity/672894/ Modern crypto buying is possible from the convenience in your living room.

What Cryptocurrency Do I need to Purchase?
There are many options to choose from to choose from when you go to coinsmarketcap.com.

My personal favorite was Solana. Arif Efendi It was followed by VAX, POLIS, and ATLAS.

It's even easier to track your favourite coins and keep an an eye on them. With an app such as Tabtrader You can monitor every swing to know when it is time to purchase more or to take profit.

Arif Efendi Arif Efendi If you have held your cryptocurrency for a long period of time, you could use it to collect airdrops, or transfer the coins into wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to protect them.

Keep your 12-word phrase in mind in case you need to locate your valuables in the event of a host device becoming lost or stolen.

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


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