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Businessman Arif Efendi on Crypto Investment
Arif Efendi, a businessman and investor who was a cryptocurrency investor, believed that cryptocurrency investment was an investment that was legitimate. Here are his thoughts and lessons.

ArifEfendi is a comparison of Cryptocurrency and Stocks

Efendi begins by saying that Cryptocurrency must be understood in a different way than stocks. Although they're not exactly identical, they are comparable to stocks.

Cryptography, which is a substitute for an authoritative central authority, records and verifies transactions within an uncentralized framework. Stocks are on the other hand are securities that can be used to indicate the ownership of a part of a business.


The purchase of Crypto and stocks is for capital appreciation, specifically when prices rise.

Arif Efendi Cryptocurrency and Stocks What are the reasons people buy these?

Stocks are bought by investors to make use of their rights and influence decisions. They can also invest in stocks in order to receive dividends that the company gives to its shareholders.

The new-generation market and a variety of apps for investing on mobile devices allow investors to invest digitally in stocks and Crypto.

Although it appears like the same process however, there are some significant distinctions. The Securities and Exchange Commission regulates trading stocks. However, Crypto can be traded directly from your smart phone or smartphone.

Additionally, Crypto trading can be done with other cryptocurrency trading pairs as well as fiat currencies.

Arif Efendi Talks Swing vs. Crypto

You may be wondering why it is more profitable trading cryptocurrency , given its volatility.

Crypto's large market capital allows it to fluctuate between 5 to 10%. The smaller cryptocurrencies can go up more than 10 times in just a day.

Arif Efendi This is extremely rare in the stock market.

Arif Efendi If you had $1000 invested in Solana at $1.837, your investment will be valued at $182,000. This investment is taken at the price of trading at $182.

Arif Efendi If you're not a weak person investing in cryptocurrencies could be rewarding. Cryptocurrencies can be confusing for newcomers, but there is no central authority to regulate them.

The worth of the product is determined by its cost, supply, demand, acceptance, and its availability on exchanges.

How Do You Mine Cryptocurrency?

Cryptocurrency units are made available to the world via mining which usually involves confirming transactions. Although cryptocurrency mining can be done in theory by any person, it's more difficult to those who utilize proof-of-work systems such as Bitcoin.

According to Efendi that, as Bitcoin becomes more complex, it demands more processing power. Bitcoin miners validate transactions and put them on the blockchain after resolving complicated mathematical issues.

In exchange for their efforts in verifying transactions, miners are compensated with Cryptocurrency. It also consumes a lot of energy to mine crypto currencies with proof of work.

Bitcoin mining draws electricity at a rate of 127 Terawatt-hours (TWh) which is more than Norway's entire electricity consumption.

It is impractical for the average person to earn Crypto by mining in the proof-of-work method. https://www.slideshare.net/ArifEfendi Validators in proof-of-stake models are chosen randomly based on the amount they invest in. This is a less demanding process that requires less computing power.

To be eligible in the program, you must have a cryptocurrency . You have nothing to lose even if you don't already own any cryptocurrency.

An Overview of the Demand and Supply of Cryptocurrency

Arif Efendi says that if the demand for an asset grows more quickly than supply, the price will increase.

The cost of water will rise if there is an earthquake occurring in the area. Cryptocurrencies work on the same principle.

Today, institutional investors like MicroStrategy as well as other countries like Ecuador are heavily betting on cryptocurrencies.

Arif Efendi Says to Accept the risks

Like the stock market, prices for cryptocurrency fluctuate. A lot of people want to invest 100 times in Crypto.

While assets aren't 100% guaranteed to yield profits, it is important to be aware of the best time to sell or buy.

Warren Buffet said that you must be wary when other people become greedy and scared when other people become greedy.

The cryptocurrency community is generally frightened. If crypto is in a slump and Tom Dick Harry are panic-selling, it's a great time to buy it.

People can lose money when they are scared or anxious. It's best to list the cryptocurrency you want to invest in and to wait for red candles to start appearing.

Arif Efendi If institutional investors are closing out their weekly trades, the weekend is another perfect time to purchase.

Traditional ways of investing do not need a broker. Crypto can now be bought from the comfort at home.

Arif Efendi's Recommendations

On coinmarketcap.com you can pick from various cryptocurrencies.

Arif Efendi likes Solana (SOL) And then AVAX POLIS and ATLAS.

Tracking your preferred currencies is more simple than ever. Tabtrader makes it simple to track your swings and see when you should invest more money.

You could either carry your cryptocurrency along and receive airdrops or airdrops, or you can put it in wallets like Trustwallet or Imtoken. https://m.youtube.com/channel/UC0cbjtAbAc7oI8KGogMqeHw Protect your cryptocurrency by using strong passwords.

To recover your investment, you need to keep your 12-word code in case your host device is lost.

The Future of Cryptocurrency

It is undeniable that Cryptocurrency has taken the world by storm. Bitcoin and Ethereum are at the forefront of the way in this movement. Many are still unclear about the future of Cryptocurrency.

Cryptocurrency's future popularity is predicted to be greater.

The cryptocurrency will continue to increase in value, as more people adopt the currency, making it a desirable investment option.

Arif Efendi Additionally, the technology behind cryptocurrency is evolving rapidly, so we can anticipate even more innovative applications. Overall, the future looks promising for Cryptocurrency and the people who are investing in it.

Another reason is that Cryptocurrency is not required to be subject to the traditional rules for currency. This means that Cryptocurrency can be used in more nations and by more people.

It is not subject to any central authority, which means it is more resistant to financial crises or other surprises.

Cryptocurrency is a currency that is scarce and its value is likely to increase over time. Because of this, Cryptocurrency is a great long-term investment.

All of these details will be your bank and allow you to make transactions whenever you want, wherever and whenever.

Maybe you'll be able donate enough ROI to your favorite charities.

For more information like this, follow Arif Efendi on Twitter at https://twitter.com/arifouo.

Website: https://www.slideshare.net/ArifEfendi