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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi was a businessman and investor who recognized that cryptocurrencies could be an investment opportunity. Here are his thoughts and lessons.

Arif Efendi explains the difference between Crypto and. Stocks
If you're an investor, it's important to know the distinctions between stocks and cryptocurrency. While they have some similarities, they're not the exact same as stocks.

https://soundcloud.com/arif-efendi-189561043 Cryptocurrency refers to the concept of a digital currency which is backed through a decentralized system that uses cryptography instead of a central authority. Stocks (also known as equity) are securities that show the ownership of a particular part of a business.

Capital appreciation is a key reason why people buy stocks and crypto. Arif Efendi This is particularly true when the asset is rising in value.

Why Do People Purchase Stocks and Other Cryptocurrencies
Stocks are bought for voting or to influence the company's decision-making. Also, they invest to receive dividends that the company distributes to its shareholders.

It's very easy to invest now in shares and crypto using the next-generation marketplace.

Although the process is similar but there are some important variations. The Securities and Exchange Commission regulates securities. But, trading with crypto can be conducted on any smart device or phone anytime.

You are also able to trade crypto using crypto trading pairs, fiats, or crypto.

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

With a huge market capitalization that is a good indicator of to see a swing of 5-10% in crypto. However, smaller cryptocurrencies can reach 10x or more daily.

It's the truth.

Arif Efendi Here's an example of this: If you had invested $1000 on Solana It would be worth $182,000 at the $182 trading price.

If you've got a solid grasp of crypto, it can be very rewarding. Arif Efendi Anyone who is new to investing in cryptocurrency may be confused about where the money came from. The cryptocurrency market is not regulated by a central entity.

Their value is derived from the costs of production, supply, demand, adoption and availability on exchanges and utilities.

Understanding the Supply and Demand in Cryptocurrency
We know from the economics textbook that if there's greater demand than supply for an asset the price of it will increase.

In the event of an earthquake that strikes a certain area, the price of water will increase even if the demand remains static. The same principle of economics is applicable for cryptocurrencies.

We are nearing the mass adoption phase. We see institutional investors such MicroStrategy as well as countries such as Ecuador making big bets on cryptocurrencies. This is an exciting moment to live!

Arif Efendi Recognize Volatility Risks
The cryptocurrency market is just like the market for stocks. Its value can fluctuate . A lot of people want to get into crypto and earn 100x earnings.

Although it is highly unlikely that an investment will continue to be profitable however, there are times when it is worthwhile to invest in an asset and then sell it or make a profits.

According to Warren Buffet, "Be fearful when other people are greedy, and be greedy when other are afraid."

People in the crypto space tend to be scared. Bear markets are the most favorable time to invest in crypto. If the value of the currency drops. Panic-selling occurs when there is no Harry, Dick or Tom.

If investors feel nervous or fearful, they could lose their assets. Create a list of cryptos you'd like to invest in, and then watch for the candle to light up red.

An ideal time to invest is the weekend, as the majority of institutional investors have closed their positions.


We are witnessing a transition away from traditional investing methods in which a broker is necessary, to more modern methods, where you can buy crypto at home.

What Cryptocurrency Should I Buy?
There are several cryptocurrencies to choose from if you check coinmarketcap.com.

My top pick was Solana. POLIS followed by AVAX and ATLAS.

It's also easier to keep track of and monitor your most loved coins. Tabtrader is an app which lets you track every single swing to determine when it's time for you to earn or invest in more.

If you've been storing your cryptocurrency for a long time, you may be able to get it back and enjoy airdrops. You can also move them to wallets such Trustwallet or Imtoken and set up secure passwords to protect them.

It is also important to record your 12-word phrase so you can restore your investment in the event that your host device goes missing or stolen.

Conclusion
Your bank has all this information. Arif Efendi You can transact anywhere around the globe anytime.



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