Notes

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

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

Arif Efendi discusses how Crypto is different from the stock market.
It is vital to be able to differentiate between cryptocurrencies and stocks for those who are, like me who is an investor. While they have some similarities, they're not the exact same as stocks.

Cryptocurrency can be described as a digital asset or currency whose transactions are documented and verified using a decentralized system by using cryptography instead of a central authority. Stocks, also known as equity, are financial instruments that symbolize ownership of a portion or company.

Arif Efendi Cryptocurrencies and stocks are purchased to gain capital appreciation, particularly when an asset is rising in price.

What makes people invest in stocks and cryptocurrencies
Individuals buy stocks to vote in the company's decision-making. Stockholders may also buy stocks to receive dividend payments from companies.

It's easy to invest your money digitally into stocks by using the next-generation platform and other mobile investment applications.

Despite the fact that the process is similar however, there are some major distinctions. For instance, even though the Securities and Exchange Commission regulates stocks, you can trade crypto at any moment of the day via your smartphone or other smart device.

You can also trade cryptocurrency using other crypto trading pairs as well as fiats.

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

https://www.newsanyway.com/2021/10/18/arif-efendi-donates-200000-to-norwich-university-as-a-testament-to-its-impact-on-his-life/ A large market cap can cause a shift of between 5 and 10% in cryptocurrency, while smaller cryptos could see gains of 10x in just a day.

The truth is that this is extremely rare in stock.

Arif Efendi In this case, for example for an example, if $1000 was invested in Solana on January 1, 2021 at $1.837 The investment would be valued at $182,000 today at $182.

Arif Efendi Crypto investment can be that rewarding , if you're not in a position of weakness. An uninitiated person may be curious about where the money is coming. There is no central authority to regulate cryptocurrency.

Production costs, supply, and demand are the main factors that determine their value.

Understanding Demand and Supply in Cryptocurrency
From our economics textbook, we are able to recall that if the demand for an asset goes up faster than the supply, the cost of that asset will go up.

In the event of an earthquake occurring in a place that is affected by water, the price of water will go up if the demand for the water is not. The same economic concept applies to cryptocurrency.

We are nearing the stage of mass adoption. We find institutional investors like MicroStrategy as well as nations such as Ecuador placing huge bets on crypto. This is a great time to live!

It's crucial to know the risk of volatility
The value of crypto fluctuates in the same way as the stock market. Many people want to be part of the crypto market and earn a 100x profit.

Although it is not certain that an asset will be profit-making for the rest of its life it is essential to be aware of when assets should be purchased and removed from profit or sold.

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

Most people in the crypto sector are scared. The bear market is the best time to invest in crypto. If the price of the cryptocurrency is going down. Panic-selling occurs when every Harry, Dick, and Tom is going down.

Fearful people can lose their investment if they're worried and anxious. Keep a list of cryptos you'd prefer to invest in and look for the candles to start appearing.

A weekend is an excellent time to invest in a new car, since most institutional investors will have closed their trades for that week.

Arif Efendi We are witnessing a shift away from traditional methods of investing in which a broker is necessary, to more modern methods which allow you to purchase crypto from your home.

What Cryptocurrency should I buy?
Check coinmarketcap.com to see a list of cryptocurrencies that you can select from.


My favorite choice has always been Solana which is followed closely by AVAX and POLIS.

It's also easy to track your most loved coins and keep an in mind their movements. Arif Efendi Tabtrader makes it easy to track each swing, and when you should purchase more.

If you have held your cryptocurrency for a period of time it is possible to either withdraw the cryptocurrency and get airdrops or transfer it into wallets such as Trustwallet, Imtoken, or Myetherwallet. Secure passwords can be used to safeguard their users.

Arif Efendi Keep your 12 words handy in case you need to locate your asset in the event of a host device getting lost or stolen.

Conclusion
With this information, the bank you use is yours. You can make transactions from anywhere in the globe at any time.



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