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

Arif Efendi is a veteran investor and businessman who realised that cryptocurrency could be a legitimate investment option. He shares his insights and experiences in this article.

Arif Elfendi explains the difference between crypto and stocks.
It is vital to be able to distinguish between stock and cryptocurrencies If you're like me an investor. The two have a few similarities, even though they're not the same.

Cryptocurrency is the concept of a digital currency whose transactions are recorded in a decentralized way that uses cryptography rather than an official central authority. Stocks, also known equity are securities that are ownership of a certain percentage of a business.

Arif Efendi Arif Efendi Capital appreciation is a key reason for people to invest in cryptocurrency and stocks. This is particularly true when the asset holds rises in price.

Why Do People Buy Stocks and Cryptocurrencies
Stocks can be bought for voting or to influence the company's decision-making. Stockholders may also buy stocks in order to receive dividends from companies.

It's simple to invest digitally in crypto and stocks through the new generation of marketplaces and a variety of mobile investment apps.

Despite the fact that it appears similar to the way things are done but there are some important variations. The Securities and Exchange Commission regulates the trading of stocks. But, trading with crypto can be conducted on any mobile or smart device at any time.

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

Trading Crypto vs. Swing Trading
You may be wondering what the reason it's more profitable for you to trade crypto, despite volatility.

A large market cap can result in a fluctuation of between 5 and 10% for cryptocurrency, while smaller ones could see gains of 10x in just a day.

This is a very scarce item.

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

If you're not a weak person investing in cryptos can be very profitable. Noobs may wonder where the money comes from. There is no central authority that oversees cryptocurrency.

Production costs, supply, and demand are the primary factors that determine their value.

Understanding the Supply of Cryptocurrency and Demand
The economics textbook tells us that the price of an asset can rise in the event that its demand increases faster than its supply.

In the case of an earthquake, for instance, if there is an earthquake that strikes a particular area where water is needed, the cost will rise if demand for water is not changing. The same economic principle is applicable to cryptocurrency.

We are getting to the mass adoption phase, and we're seeing institutions investors such as MicroStrategy and a country like Ecuador betting big on cryptocurrencies. It's a thrilling time to be alive.

Arif Efendi Recognize Volatility Risks
Just like the stock market, cryptocurrency's value changes. Many are keen to invest in crypto and achieve 100x returns.

While there is no utmost certainty that an investment will continue to be profitable, it is always important to be aware of when to purchase an asset and sell or profit.

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

The majority of people working in the crypto market are scared. The bear market is the most profitable place to buy cryptocurrency. If the price of the cryptocurrency is declining. Arif Efendi Panic-selling happens when every Harry, Dick, and Tom is falling.

If investors become worried and fearful, they could lose their holdings. Make a list of the cryptocurrencies you would like to invest in and watch for the red candles to appear.

Another good time to purchase is during the weekend as the majority of institutional investors have closed their trading for the week.

At present, we're witnessing a major shift away from the traditional ways of investing, which requires you to require a broker, to a modern way, which allows you to buy crypto from the comfort of your home.

Should I Purchase an Cryptocurrency?
Check coinmarketcap.com to see the various cryptocurrencies that you can pick from.

My favorite has been Solana. It was followed by VAX, POLIS, and ATLAS.

Now , it's simpler to track and monitor your favorite coins. Tabtrader makes it simple to track each swing and determine when you need to buy more.

If your cryptocurrency has been held for a while it's possible to get airdrops, and then transfer the coins into wallets. Trustwallet. Imtoken. Myetherwallet.

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

Conclusion
By this, your bank is now your bank. You can transact anywhere on the planet at any time.

Arif Efendi


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