Notes

Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi is a seasoned investor and businessman who realized that cryptocurrency was a legitimate investment asset. Here are his insights and lessons.

Arif Emendi explains the differences are between shares and Crypto
Investors like me need to be aware of the distinction between stocks and cryptocurrency. Stocks and cryptocurrency have some similarities, even though they're not the same.

Cryptocurrency is a digital currency whose transactions are recorded by a decentralized system using cryptography rather than a central authority. Stocks (also known as equity) are securities that demonstrate ownership of a certain portion of a company.

When the cost of an asset is rising the crypto and stocks are bought with the intention of capital appreciation.

The reason people invest in stocks and cryptocurrencies
Stocks are bought by investors who purchase stocks to vote and influence company decisions. Investors also buy shares to earn dividends that the company makes to shareholders.

Arif Efendi It's simple to invest in stocks and crypto online right now with the next-generation market and other apps for mobile investments.

Although the process might look similar, there are many distinctions. It is possible to trade cryptocurrency anytime of the day regardless of whether you are regulated by the Securities and Exchange Commission regulates the stocks.

You can also trade cryptocurrency with other crypto trading pairs and fiats.

Trading Crypto vs. Swing Trading
You might be asking yourself why trading cryptocurrency is so profitable, despite its high volatility.

A high market cap can lead to a swing between 5% and 10% for cryptocurrency, while smaller ones can see gains of 10x in a single day.

It's true that this is extremely rare in stock.

Here's an example: If you had made a $1000 investment on Solana It would be worth $182,000 today at the $182 trading price.

It's not necessary to be a weak investor in investing in crypto. Arif Efendi An uninitiated person might wonder what the source of the money comes from. It is not controlled by any central authority.

Their value is therefore dependent on the cost of production and consumption, demand and supply acceptance, and the availability on exchanges for utilities and in utilities.

Understanding the Supply and Demand in cryptocurrency
It is a common theme in the textbooks on economics that if there's more demand than supply for an asset its value will rise.

For instance, a natural disaster can trigger water prices to rise in specific areas. This same economic principle applies to cryptocurrencies.

We are in the stage of mass adoption, and institutions like MicroStrategy and Ecuadorean investors are betting big on cryptocurrency. This is an exciting moment to live!

Arif Efendi Be aware of the volatility risks
The market for cryptocurrency is similar to market for stocks. Its value can fluctuate . Many investors want to earn 100x returns by investing in cryptocurrency.

While it's not guaranteed that an investment will be profitable forever It is crucial to know when an asset should be purchased and traded or sold to make profit.

Arif Efendi Warren Buffet said, "Be scared when you see others being greedy and greedy when other are afraid."

https://businesscloud.co.uk/news/arif-efendi-answers-all-your-questions-about-cryptocurrency/ The crypto community's members tend to be scared. The bear market is the ideal location to purchase cryptocurrency. The asset is down. Panic-selling is when there are no Harry, Dick or Tom.

The most anxious people could lose their investments if they are concerned and nervous. Keep a list of cryptos you would like to invest in and look for the candles to show up.

A great investment time is during the weekend, when most institutional investors have closed their trades.

In the present, we are witnessing a major shift away from traditional methods of investing, where you require a broker, to a more modern method, which allows you to buy cryptocurrency right from your room.

What Cryptocurrency Should You Buy?
There are a myriad of cryptocurrencies if you visit coinmarketcap.com.

My favorite choice has always been Solana, closely followed by AVAX and POLIS.


It is now easier to track and monitor your favorite coins. Arif Efendi Tabtrader allows you to keep track of each move, and when you should purchase more.

If you've held your cryptocurrency for a while, you can either take the cryptocurrency and get airdrops or transfer them to wallets like Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to protect the security of your crypto.

Also, keep your 12-word phrase handy to ensure you are able to retrieve your asset in the case of a host device becoming lost or stolen.

Conclusion
With this information, the bank you use is yours. You can conduct transactions anywhere around the world at any hour.



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