Notes

Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi is a seasoned investor and businessman who realized that cryptocurrency was an acceptable investment option. Here are his observations and lessons.

Arif Efendi discusses how Crypto is distinct from stocks.
An investor like myself needs to know the differences between stock, cryptocurrency, and other investment options. Stocks and cryptocurrencies share many similarities but they are not the same.

The cryptocurrency is an asset that is digital and currency whose transactions have been recorded and verified via a decentralized cryptography. It does not depend on a central authority. Arif Efendi Stocks, also known as securities or equity, are the ownership of a particular portion of a firm.

If the value of an asset increases the crypto and stocks are bought in the hope of capital appreciation.

Why Do People Buy Stocks and Cryptocurrencies?
Stocks are bought by investors to be able to vote on corporate decisions. Stockholders are also able to invest in stocks to earn dividends from the company.

It's easy to invest in stocks and crypto today using the latest market technology and mobile apps for investing.

In contrast, the procedure may appear similar, but there are still distinct differences. You can trade crypto at any hour of the day regardless of whether or not you are regulated by the Securities and Exchange Commission regulates the crypto stocks.

You are also able to trade crypto with other trading pairs in crypto, or fiats.

Trading Crypto is different from. Swing Trading
Now you may wonder why it's better to invest in trading in crypto despite the volatility.

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

This is a unusual situation in the stock market.

For instance for an example, if $1000 was invested in Solana on January 1, 2021 at $1.837 the investment would be worth $182,000 now at $182.

It can be very profitable to invest in crypto if you're not a weak player. Anyone who is not familiar with the subject may wonder what the source of the money comes from. Regulation of cryptocurrency isn't controlled by a central authority.

Thus, their value comes from the costs of supply and production as well as the demand and acceptance.

Understanding Supply and Demand in Cryptocurrency
According to textbooks on economics according to textbooks, if demand is higher than the supply, then the value of the asset will increase.

If there is an earthquake in a specific place, the price of water will increase even when the demand is not changing. The same economic principle is applicable to cryptocurrencies as well.

We are now in the mass adoption phase. Institutional investors such as MicroStrategy are investing heavily in cryptocurrency. It's a wonderful time to be alive!

It's important to understand the dangers of volatility
Like the stock market The value of cryptocurrency changes. Arif Efendi A lot of people are hoping to make 100x profits by investing in crypto.

It is not guaranteed that an asset's profit margin will be constant, however it is important to know the right time to sell an asset, or to make profits.

Arif Efendi Warren Buffet says, "Be be cautious if you see others becoming greedy. Don't be greedy if others are scared."

A lot of people working in the field of cryptocurrency are worried. https://atomcraft.ru/user/Arif.Efendisclu096/ https://myspace.com/arif.efendicnau871 The bear market is the ideal time to invest in cryptocurrency. When the asset is going down. Panic-selling occurs when every Harry, Dick, and Tom is falling.

If investors become worried and scared, they could lose their investments. Make a list of the cryptos you'd like to invest in, and then wait for the red candles.

Another option to buy is during weekends, as institutional investors shut their trades for the week.

There is a huge shift happening right now from traditional investment strategies that require you to collaborate with a broker, to newer methods where you can buy crypto in the privacy of your own home.

What Cryptocurrency should I purchase?
There are a variety of cryptocurrencies to select from if you check coinmarketcap.com.

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

It's also easier to track and monitor your preferred coins. With an app such as Tabtrader you can track each time you swing and can determine when to purchase more coins or to take profit.

Arif Efendi If you've been storing your cryptocurrency for a long time it's possible to use it and receive airdrops. You can also move them to wallets such Trustwallet or Imtoken and then create passwords that are secure to ensure their security.

Also, it is important to keep your 12-word phrase in a safe place for future reference in case your host device is lost or stolen.

Conclusion
This means that the bank you use is yours. You can transact anywhere on the planet at any hour.


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