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Arif Efendi shares his insight on the subject of Crypto Investments with businessman Arif Efendi

Arif Efendi an investor and businessman who has a lot of experience, saw cryptocurrencies as a legitimate investment choice. This article outlines his experiences and insights.

Arif Emendi clarifies what is the difference between stock and Crypto
Investors like me must know the difference between stocks and cryptocurrencies. Although there are some similarities between stocks and cryptocurrencies but they're quite different.

Cryptocurrency is a type of digital asset or currency that is recorded and verified by an uncentralized system using cryptography instead of a centralized authority. Stocks, also known as securities or equity, signify ownership of a certain part of a company.


The purchase of crypto and stocks is with the intention of capital appreciation, especially when the asset is rising in value.

What makes people purchase stocks and cryptocurrencies
Stocks are bought by investors to be able to vote on corporate decision-making. https://www.newsanyway.com/2021/10/18/arif-efendi-donates-200000-to-norwich-university-as-a-testament-to-its-impact-on-his-life/ Stockholders are also able to invest in stocks to earn dividends from the company.

It's easy to invest in crypto and stocks digitally right now using the latest market technology and mobile investment apps.

While the process may seem the same however, there are some distinct differences. For example, although the Securities and Exchange Commission regulates stock, you can trade cryptocurrency at any time of the day using your smartphone or smart phone.

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

https://bitrebels.com/business/crypto-enthusiast-arif-efendi-why-prefer-cryptocurrency-over-stocks/ https://thelibertarianrepublic.com/arif-efendi-why-cryptocurrency-here-to-stay/ https://thehollynews.com/arif-efendi-answers-all-your-cryptocurrency-questions/ Trading Crypto is different from. Swing Trading
Now you may wonder why it is more profitable to trade cryptocurrency despite the volatility.

The largest market cap cryptocurrency could be able to fluctuate between 5 and 10 percent. Smaller cryptocurrency, however, may grow 10 times daily.

The truth is that this is extremely rare in stock.

To illustrate, if, for instance, you earned $1000 from Solana's Solana stock on January 1, 2021 for $1.837, your investment today would be valued at $182,000 based on the current prices for trading of $182.

Crypto investment can be that rewarding , if you're not in a position of weakness. Uninitiated investors may be curious about how the money is made. Arif Efendi There isn't a central authority that regulates cryptocurrency.

They therefore are worth the price in terms of supply, demand and production.

Understanding Demand and Supply in Cryptocurrency
In our economics textbook we know that if demand for an asset goes higher than supply, the cost of that asset will increase.

For example, an earthquake could cause prices for water to rise in certain areas. This same economic principle applies to cryptocurrencies.

We are in the mass adoption phase. Investors from institutions like MicroStrategy are investing heavily in cryptocurrencies. It's an exciting moment to live in the present.

Be aware of the volatility risks
Cryptocurrency's value fluctuates like the stock market. Many people would like to become crypto-savvy and make 100x profit.

Although there isn't a 100% guarantee that an investment will be profitable for a long time, it is always important to be aware of when to purchase an asset and sell or profit.

In the words of Warren Buffet, "Be fearful when others are greedy and be greedy when others are afraid."

A majority of those working in the cryptocurrency market are nervous. A bear market is the most favorable moment to buy cryptocurrency. If the price of the cryptocurrency is going down. Panic-selling is when there are no Harry, Dick or Tom.

Arif Efendi If investors are anxious or scared, they might lose their assets. Keep a list of cryptos you'd like to invest in , and wait for the red candles to start appearing.

Another good time to invest is on weekends when the majority of institutions are closing their trades.

There is a major shift taking place in the present from traditional methods of investing where you need to work with a broker. These are modern ones where you can easily purchase crypto from the privacy of your own home.

What Cryptocurrency Do I need to Purchase?
There are several cryptocurrencies to pick from when you go to coinmarketcap.com.

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

It's easier than ever to monitor and track your most loved currency. Tabtrader is an application which lets you track every swing and see when it's time to make a profit or buy more.

If you've held onto your cryptocurrency for some time and you're able to take it and get airdrops. You can also move them to wallets such Trustwallet or Imtoken and create secure passwords to protect them.

It is important to save your 12-word password in order to recover your asset in case your host device gets missing or is stolen.

Conclusion
All this information makes you your own bank and permit you to make transactions anywhere and whenever you'd like.



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