Notes

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

Arif Efendi is a veteran investor and businessman who realized that cryptocurrency was a legitimate investment asset. https://vuf.minagricultura.gov.co/Lists/Informacin%20Servicios%20Web/DispForm.aspx?ID=3284303 Here are his thoughts and lessons.

Arif Emendi explains what the differences are between shares and Crypto
An investor like myself needs to be aware of the distinctions between stocks, cryptocurrency and other investments. Although there are some commonalities between cryptocurrencies and stocks however, they're very distinct.

Cryptocurrency can be described as a digital asset or currency that is recorded and verified by a decentralized system using cryptography instead of a central authority. On the other hand stock, also known as equity are securities that represent ownership of a part of a firm.

Capital appreciation is one of the main reason for people to invest in crypto and stocks. This is especially true when the asset holds rises in price.

Why do people buy stocks and cryptocurrencies?
Stocks can also be purchased to influence company decisions and to vote. Stockholders are also able to invest in stocks to receive dividend payments from companies.

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

Despite the fact that the process is similar but there are some important variations. Arif Efendi For example, although the Securities and Exchange Commission regulates stocks, you can trade crypto at any time of the day using your mobile phone or your smart phone.

You can also trade crypto using other crypto trading pairs or fiats.

Trading Crypto Vs. Swing Trading
You might be asking yourself why it's more profitable for you to trade cryptocurrency, regardless of volatility.

Arif Efendi Crypto with large market caps can fluctuate from 5% to 10%, while smaller cryptos could reach 10x within a day.

It's not commonplace in stock.

For example, if, for instance, you invested $1000 in Solana's Solana stock on January 1, 2021 for $1.837, your investment would now be worth $182,000 at the current prices for trading of $182.

It's not necessary to be a poor investor to invest in crypto. A novice may wonder where the money originated. It is not controlled by any central entity.

Therefore, their value comes from the costs of supply and production, as well as demand and adoption.

Understanding the Supply and Demand in Cryptocurrency
From our textbook on economics, we know that if demand for an asset goes up faster than the supply, the price of that asset will go up.

https://www.misterpoll.com/users/arif.efendihosz5021 In the event of an earthquake, as in, water prices will rise if demand is low. The same economic principle is applicable to cryptocurrency.

We are currently in the mass adoption phase. Arif Efendi Investors from institutions like MicroStrategy are investing heavily in cryptocurrency. It's a great time to be alive.

It is essential to understand the risks associated with volatility
Just like the stock exchange The value of cryptocurrency changes. Many are keen to invest in crypto to earn 100x profit.

There is no guarantee that the profitability of an asset will be constant, however it is essential to know the right time to sell an asset or make an income.

Arif Efendi Warren Buffet says, "Be fearful if others become greedy. Don't be greedy if others are scared."

A majority of those working in the cryptocurrency market are afraid. The bear market is the best spot to buy cryptocurrency. When the value of cryptocurrency is declining. Panic-selling happens when every Harry, Dick, and Tom is going down.

People who are anxious can risk losing their investment if they're concerned and nervous. Be aware of which cryptocurrency are most appealing to you and then wait for the red candle to light up.

Another option to buy is on weekends, when institutional investors close their trades for the week.

Today, there is an important shift in the way we invest. Instead of having to rely on the services of a broker, you are able to now purchase crypto right from your bedroom.

What Cryptocurrency Should I Purchase?
There are a lot of options available when you check coinsmarketcap.com.

My first choice was Solana. POLIS followed by AVAX and ATLAS.

It is even easier now to monitor and track your favorite coins. Tabtrader allows you to monitor each swing so that you can decide when to take profits or invest in more.

If your cryptocurrency was held for a while you can take airdrops and transfer them into wallets. Trustwallet. Imtoken. Arif Efendi Myetherwallet.

Also, it is important to save your 12-word phrases for future reference in case your host device is lost or stolen.

Conclusion
With this information, you are your bank, and are able to transact anytime and from any location in the world.


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