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

Arif Efendi who is a successful investor and businessman, realized that cryptocurrencies have become an investment asset. In this article the author shares his experience and insights.

Arifefendi discusses how Crypto is different from stocks
It is essential to be able to distinguish between cryptocurrency and stock for those who are, like me who is an investor. The two have a lot of similarities, however they aren't the same.

Cryptocurrency is a digital asset that is used to store and verify transactions, uses cryptography as an alternative to an authority central to. In contrast the stocks, which are also referred to as equity are securities that represent ownership of a particular part of a firm.

When the price of an asset rises the crypto and stocks are bought with the intention of capital appreciation.

Why do people buy shares and cryptocurrencies?
Stocks can be bought to vote or influence company decision-making. Also, they invest to receive dividends that the company distributes among their shareholders.

It's simple to invest digitally in crypto and stocks with the next generation marketplace and various mobile investment apps.

However, the process might look similar, but there are still certain variations. https://matkafasi.com/user/arif.efendithgq686 You can trade crypto anytime of the day regardless of whether or not the Securities and Exchange Commission regulates the stock market.

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

Trading Crypto Vs. Swing Trading
You might be asking what the reason it's more profitable to invest in crypto, despite the volatility.

There is a 5% to 10% swing on crypto with a large market cap, while smaller cryptocurrencies can achieve 10x per day.

It's the truth.

It is possible to see an example of this: If you had made a $1000 investment on Solana the stock, it would be worth $182,000 today at the trading price of $182.

You don't have to be a bad investor in investing in crypto. The money could come from a stranger. Regulation of cryptocurrency is not done by a central institution.

Therefore, their value stems from the costs of production, supply, demand, adoption and the availability on exchanges and utilities.

Arif Efendi Understanding Supply and Demand in Cryptocurrency
Our textbook on economics instructs us that if the demand for an asset grows more quickly than supply, the cost of the asset will increase.

If there's an earthquake at a particular location, the cost of water will rise , even if the demand remains static. The same economic concept is applicable to cryptocurrency.

We are nearing the point of mass adoption, and investors from institutions like MicroStrategy or a country like Ecuador are placing huge bets on cryptocurrencies. It's a thrilling moment to be alive.

It's crucial to be aware of the potential risks associated with volatility
The value of crypto currency fluctuates like the stock market. Many people want to make 100x returns by investing in cryptocurrency.

While there is no utmost certainty that an asset will continue to be profitable however, it is essential to know when to buy an asset and sell or profit.

Arif Efendi Warren Buffet says, "Be be cautious if you see others becoming greedy. Arif Efendi Be greedy if other people are afraid."

The crypto community's members are often afraid. A bear market is the most favorable moment to buy cryptocurrency. When the price of cryptocurrency is dropping. Panic-selling happens when every Harry, Dick, and Tom is falling.

If investors become worried and fearful, they could lose their investments. You should make a list of cryptocurrency you would like to invest in and watch for candles to light red.

Another great time is on weekends, when the majority of institutions are closing their trades.

Today, there's a major shift in how we make investments. Instead of needing a broker, you can now purchase crypto right from your bedroom.

What Cryptocurrency Should You Purchase?
Go to coinmarketcap.com to see the list of cryptocurrency that you can select from.

My favorite has always been Solana (SOL) which is followed by AVAX, POLIS and ATLAS.

It's also easy to track your most loved coins and keep an the eye on them. Tabtrader allows you to track each swing and also when it is time to buy more.

If you've been holding your cryptocurrency for a lengthy time, you may be able to keep it and use it to get airdrops, or transfer the coins into wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to secure them.

Arif Efendi Your 12-word word phrase should be kept to ensure that you can restore your valuable asset in the unlikely event that the host device you are using is lost or stolen.

Conclusion
This means that your bank is your bank. You can make transactions from anywhere in the globe anytime.


My Website: https://matkafasi.com/user/arif.efendithgq686