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Arif Efendi, a Businessman offers insights on Crypto Investment

Arif Efendi was an investor and businessman who saw that cryptocurrencies were a viable investment asset. In this article he shares his experiences and tips

Arif Efendi Explains the differences between Crypto and. Stocks
Investors like me must know the difference between stock and cryptocurrency. Although there are some similarities between cryptocurrencies and stocks however, they're very distinct.

A cryptocurrency is a form of digital currency , or an asset whose transactions can be verified and recorded through an independent system through cryptography . It replaces a centralized authority. Stocks (also called equity) are securities that demonstrate ownership of a specific part of a business.

Capital appreciation is the primary reason for people to invest in crypto and stocks. This is particularly true when the asset holds rises in value.

Why Do People Purchase Stocks and Cryptocurrencies?
Stocks are bought by people to be able to vote on corporate decision-making. Arif Efendi Also, they invest to receive dividends which the company distributes to their shareholders.

Arif Efendi It is very simple to invest your money digitally into stocks by using the next-generation platform as well as other mobile investment apps.

Despite the fact that the process looks similar but there are some important distinctions. You can trade crypto at any hour of the day regardless of whether or not the Securities and Exchange Commission regulates the stock market.

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

Trading Crypto vs. Swing Trading
There is a possibility to ask what the reason is for trading cryptocurrency, despite the high volatility.

https://www.bukalapak.com/u/arfen23 A high market cap can cause a shift of between 5 and 10% in cryptocurrency, while smaller ones can see gains of 10x in a single day.

This is a scarce stock.

As an example If $1000 had been put into Solana 1st January 2021 at $1.837 the investment would have been worth $182,000 now at $182.

It can be very profitable to invest in crypto, if you're not a weak player. A noob may ask where the money is coming from. There is no central authority that regulates cryptocurrency.

Their value is therefore determined by the costs of production as well as demand and supply the rate of adoption, as well as the availability on exchanges for utilities and in utilities.

Understanding Cryptocurrency Supply and Demand

According to the textbooks of economics If the demand is greater than supply, then the price of the asset will increase.

For instance when there is an earthquake in a location, the price of water will increase if the demand for water is not changing. The same principle of economics applies to cryptocurrencies.

We are in the middle of the mass adoption phase. We find institutional investors like MicroStrategy as well as nations such as Ecuador placing big bets on cryptocurrencies. It's an exciting moment in the world of cryptocurrency.

It's important to understand the risk of volatility
The value of crypto currency fluctuates like the stock market. Many are keen to invest in cryptocurrency and make 100x profits.

Although there isn't a 100% guarantee that an investment will always be profitable It is vital to know when you should buy an asset and sell or take profit.

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

People in the crypto space tend to be scared. Bear markets are the ideal spot to buy cryptocurrency. When the asset goes down. Panic-selling is when there are none of Harry, Dick or Tom.

If individuals become stressed and fearful, they could lose their holdings. Make a list of the cryptocurrencies that are most appealing to you and then wait for the candle in red to light up.

Another good time to purchase is during weekends, as the majority of institutional investors are closing their trades for the week.

There is a huge shift happening right now from traditional methods of investing which require you to work with a broker to newer methods where you can easily buy crypto from the privacy of your home.

Arif Efendi Arif Efendi What Cryptocurrency Should You Buy?
There are many cryptocurrencies available to choose from if you check coinmarketcap.com.

My top pick was Solana. POLIS, AVAX as well as ATLAS were in close proximity.

Now , it's easier to monitor and track your favorite coins. https://www.istanbulsanatevi.com/category/sanatcilar/soyadi-a/arif-efendi/ Tabtrader is an app that lets you monitor every single swing to determine when it's time to make a profit or invest in more.

If you hold your cryptocurrency for a prolonged period of time You have the option to either collect airdrops or transfer them to wallets such as Trustwallet. Imtoken or Myetherwallet. Secure passwords are essential to secure the security of your crypto.

Keep a copy of your 12-word phrase just in the event that your host device gets lost or stolen.

Conclusion
With all this information, you're now your bank, and you can transact at any time and wherever you are in the world.



Website: https://litabmas.stikes-ppni.ac.id/profil-dosen/0721127901/arif-efendi