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Arif Efendi shares his insight on Crypto Investments together with businessman Arif Efendi

Arif Efendi , a businessman and investor who has a lot of experience, saw crypto currencies as a viable investment opportunity. This article outlines his experiences and knowledge.

Arif Emendi clarifies the difference is between Crypto and Stocks
Investors like me need to be aware of the distinction between stocks and cryptocurrency. Although they share a few similarities, they aren't identical to stocks.

Cryptocurrency is a type of digital asset or currency whose transactions are documented and verified through an uncentralized system by using cryptography instead of a centralized authority. Stocks (also known as equity) are securities that show the ownership of a particular part of a company.

Capital appreciation is one of the main reason for people to invest in crypto and stocks. This is especially the case when the asset holds rises in value.

Why do people buy Cryptocurrencies and Stocks?
In the case of stocks, investors purchase shares to influence company decisions. Investors also purchase stocks to receive dividends from companies.

It's simple now to invest digitally in shares and crypto through the latest technology in the marketplace.

Although the process might look similar, there are many differences. You can trade cryptocurrency anytime you want, even though the Securities and Exchange Commission regulates the trading of stocks.

You are also able to trade crypto with other crypto trading pairs or fiats.

Trading Crypto vs. Swing Trading
Now, you might wonder why trading cryptocurrency is more profitable, despite its volatility.

Large market caps can see swings of up to 10% in cryptocurrency. Smaller cryptocurrencies are able to produce 10x in a day.

This is the truth.

For instance, if you were to have invested $1000 in Solana 1st January 2021 at $1.837 the investment would have been worth $182,000 at the current trading price of $182.

There is no need to be a bad investor to be a crypto investor. The money may come from a stranger. It is not controlled by any central authority.

Their value is therefore down to the cost of production and supply, as well as the demand and acceptance.

Understanding the Demand and Supply in Cryptocurrency
Our economics textbook instructs us that if demand for an asset grows more rapidly than supply, the asset's price will also go up.

In the case of earthquakes, for example, they can trigger the price of water to increase in some areas. This same economic principle applies to cryptocurrencies.

We are in the stage of mass adoption, and institutions like MicroStrategy and MicroStrategy, as well as Ecuadorean investors are placing their bets on cryptocurrency. It's a wonderful time to live in the present.

It's crucial to be aware of the Risks of Volatility
Like the stock market The value of cryptocurrency changes. Many people are eager to invest in crypto to make 100x profits.

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

Warren Buffet said, "Be scared when you see others being too greedy, and you should be greedy if you are afraid."

A lot of people working in the cryptocurrency sector are afraid. The bear market is the most profitable time to invest in cryptocurrency. When the asset is going down. If Harry, Dick, or Tom are panic-selling.

If people are scared and anxious, they could lose their assets. Be aware of which cryptocurrency are the most appealing to you and wait for them to show up.

Another time to buy is on weekends, when institutional investors end their trading for the week.

There is an enormous shift in the way we make investments. Instead of needing a broker, you can buy crypto from your bed.

What Cryptocurrency Should You Purchase?
Go to coinmarketcap.com to see the list of cryptocurrency you can choose from.

My favorite has been Solana. https://www.youtube.com/channel/UCXOD-GeWB1WKNzA68mqrSaA was followed by VAX, POLIS, and ATLAS.

It's now easier to keep track of your favourite coins and keep track of them. Tabtrader lets you monitor every step so that you are able to determine whether to invest more money or when to take profit.

If you've been storing your cryptocurrency for some time and you're able to use it and receive airdrops. You can also move the coins into wallets like Trustwallet or Imtoken and then create passwords that are secure to protect them.

Also, keep your 12-word phrase in mind so that you can retrieve your assets in the scenario of the host device becoming lost or stolen.

Conclusion
All this information makes you your own bank and permit you to make transactions anywhere and at any time you wish.

You never know, you could be able to earn enough money to support your favorite charities .

You can follow Arif Efendi on Twitter here: https://twitter.com/arifouo


Homepage: https://www.youtube.com/channel/UCXOD-GeWB1WKNzA68mqrSaA