Notes

Arif Efendi, a Businessman offers insights on Crypto Investment

Arif Efendi, a successful entrepreneur and investor realized that cryptocurrency could be an investment tool. Here are his insights and tips.

Arif Efendi explains how Crypto is different from stocks.
If you're an investor it's crucial to comprehend the distinctions between stocks and cryptocurrency. Stocks and cryptocurrency have some similarities, but they aren't exactly the same.

Cryptocurrency can be described as a digital asset or currency that is recorded and verified using an independent system via cryptography instead of a central authority. Stocks (also known as equity) are securities that prove ownership of a certain portion of a business.

Stocks and crypto are bought in the hope of capital appreciation, especially when an asset is increasing in price.

Why do people invest in stocks and cryptocurrencies
Stocks are bought by investors who vote on company decision-making. Arif Efendi Additionally, they invest in stocks to earn dividends which the company distributes to its shareholders.

It's simple to digitally invest in crypto or stocks with the Marketplace of the future and other apps for investing on mobile.

While the process may appear similar, there are numerous differences. For instance, while the Securities and Exchange Commission regulates stocks, you can trade cryptocurrency any time of day from your smartphone or smart device.

You can also trade crypto with other crypto trading pairs , or fiats.

Trading Crypto Vs. Swing Trading
You may be wondering why it's more profitable to trade cryptocurrency despite its volatile nature.

Market caps for crypto with large size could fluctuate between 5% and 10%, while smaller cryptos could reach 10x within a day.

This is a rare item in the market.

https://www.researchgate.net/publication/294641812_Mesrebzade_Arif_Efendi_a_Seyhulislam_of_the_Tanzimat_Period_and_the_Problem_of_Unemployment_in_the_Institution_of_the_Qadi 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 trading price.

Crypto investment can be that rewarding , if you're not weak. Anyone who is not familiar with the subject may wonder what the source of the money comes from. It is not possible to regulate cryptocurrency from a central agency.

Thus, their value comes from the price of production, supply adoption, demand and availability in exchanges and utility.

Understanding the Supply of Cryptocurrency and Demand
According to textbooks on economics according to the textbook, if demand is greater than the supply, the value of the asset will rise.

For example, the cost of water will increase if there's an earthquake. The same economic principle applies to cryptocurrency.

Arif Efendi We are getting to the stage of mass adoption and we're seeing institutions investors like MicroStrategy and a country like Ecuador betting hugely on cryptocurrency. Arif Efendi It's a wonderful time to be alive.

It is crucial to be aware of the dangers of volatility
The worth of cryptocurrency goes up and down similar to the market for stocks. Many people desire to become crypto-savvy and make 100x profit.

While it's not guaranteed that an asset will remain profit-making for the rest of its life it is essential to be aware of when assets should be bought and removed from profit or sold.

Warren Buffet stated, "Be fearful when other people are greedy , and be greedy when other people are fearful."

People in the crypto space tend to be scared. Bear markets are the best spot to buy cryptocurrency. The price of cryptocurrency is declining. If every Tom, Dick and Harry is panic-selling.

It is possible for people to lose their assets when they are anxious or fearful. Make a list of the cryptocurrencies you would like to invest in and watch for the candles to appear.

A weekend is an excellent opportunity to purchase, since most institutional investors will be closing their trades for that week.

Today, there's an important shift in the way we make investments. Instead of requiring the services of a broker, you are able to buy crypto from your bedroom.

Which Cryptocurrency Do I Need to Buy?
https://www.instagram.com/arif_efendi07/ You have many options when you go to marketcap.com. marketcap.com.

My favorite was Solana. POLIS, AVAX as well as ATLAS were in close proximity.

It's even simpler to track and monitor your favorite currencies. Tabtrader is an app which lets you track every swing and see when it's time to make a profit or purchase more.

If you've held your cryptocurrency for a while, you can either take the cryptocurrency and get airdrops or move them into wallets like Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to secure them.

The 12-word phrase you have chosen should be saved in order to restore your investment in the unlikely event that the host device you are using is lost or stolen.

Conclusion
With all the information available, you can be your bank.

You never know, you could be able to earn enough money to help your favourite charities .

You can follow Arif Efendi on Twitter here: https://twitter.com/arifouo


Here's my website: https://www.researchgate.net/publication/294641812_Mesrebzade_Arif_Efendi_a_Seyhulislam_of_the_Tanzimat_Period_and_the_Problem_of_Unemployment_in_the_Institution_of_the_Qadi