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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi a successful businessman and investor has realized that cryptocurrencies could be a legitimate investment tool. He shares his insights and lessons learned in this article.

Arifefendi explains why Crypto is different from Stocks
It is vital to be able to differentiate between stock and cryptocurrencies for those who are, like me an investor. While there are some commonalities between cryptocurrencies and stocks, they are very different.

The term "cryptocurrency" refers to a form of digital currency , or an asset that can be verified and recorded via an independent system by means of cryptography . This is in place of the central authority. Stocks, also known as equity or securities, represent ownership of a particular portion of a business.

Stocks and crypto with the intention of capital appreciation particularly when the asset held rises in prices.

Arif Efendi Why People Buy Stocks and Cryptocurrencies
Individuals purchase stocks for the purpose of voting on corporate decisions. Also, they invest to receive dividends which the company distributes among their shareholders.

It's easy to invest in digital stocks and crypto right now with the next-generation marketplace and various mobile apps for investing.

While the process is similar but there are some important distinctions. You can trade crypto anytime of the day regardless of whether the Securities and Exchange Commission regulates the stock market.

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

Trading Crypto Vs. Swing Trading
Now you may wonder why it's more profitable to trade cryptocurrency regardless of the volatility.

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

This is actually a very uncommon situation in stock.

For instance for an example, if $1000 was put into Solana 1st January 2021 at $1.837, the investment would have been worth $182,000 now at $182.

Crypto investment can be that profitable if you're not a weak hand. Arif Efendi Beginners may be wondering where the money originates. It is not controlled by any central authority.

Therefore, their value comes from the costs of production and supply as in addition to demand and the rate of adoption.

Understanding Demand and Supply in Cryptocurrency
The textbook in our economics class instructs us that if the demand for an asset increases more rapidly than supply, the asset's price will also rise.

In the case of earthquakes, for example, they can trigger water prices to rise in some regions. This economic principle also applies to cryptocurrency.

We are moving into the phase of mass adoption and organizations such as MicroStrategy and MicroStrategy, as well as Ecuadorean investors are betting big on cryptocurrency. http://zoe-beauty.be/user/Arif-Efendinlyi557/ It's a great moment to live in the present.

It is important to be aware of the risks of volatility
The market for cryptocurrency is like stock market. Its value can fluctuate . A lot of people want to invest in cryptocurrency and earn 100x profit.

It is not possible to determine how long an investment will last operating profitably. But, it is crucial to understand the best time to buy and sell an asset.

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

A majority of those working in the crypto market are afraid. The bear market is the ideal place to buy cryptocurrency. The price of cryptocurrency is dropping. Panic-selling is when the value of Harry, Dick, and Tom is falling.

https://www.pcb.its.dot.gov/PageRedirect.aspx?redirectedurl=https://kemenag.go.id/author/11/m-arif-efendi?page=2 Fearful people can lose their investments if they are worried and anxious. Make a list of the cryptocurrencies that are most appealing to you and then wait for the red candle to start to burn.

Another time to buy is during weekends, as institutional investors close their trading for the week.

https://www.authorstream.com/arif-efendijfve835/ Arif Efendi There is a shift from traditional methods of investing, where a broker is mandatory, to newer methods which allow you to purchase cryptocurrency from the comfort of your home.

Arif Efendi What Cryptocurrency should I purchase?
There are many cryptocurrencies available to pick from when you check coinmarketcap.com.

My top pick was Solana. POLIS, AVAX and ATLAS were right behind.

It's simpler than ever to monitor and track your favorite cryptocurrency. Tabtrader lets you track each swing and determine when to invest more or gain.

If you have held your cryptocurrency for an extended time, you can keep it and use it to get airdrops or transfer the coins into wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to protect them.

Keep a copy of your 12-word phrase in the event that your host device gets stolen or lost.

Conclusion
With this information, you're now your bank, and can transact at any time and from any location in the world.


My Website: https://matkafasi.com/user/arif.efendicbqv164