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Arif Efendi, a Businessman gives his insights on Crypto Investment

Arif Efendi is a veteran investor and businessman who realized that cryptocurrency could be a legitimate investment asset. He shares his insights and experiences in this piece.

Arif Efendi explains the reason Crypto is different from stocks
If you're an investor, it is important to understand the distinction between stocks and cryptocurrency. Although they share many similarities, stocks and cryptocurrencies are different.

The term "cryptocurrency" refers to a digital currency , or an asset whose transactions can be verified and recorded by a decentralized system through cryptography . This is in place of a centralized authority. Stocks, also known as equity, are securities that are a representation of ownership in a particular part or company.


With the thought of capital appreciation in mind when purchasing crypto or stocks, especially when prices rise the majority of people will buy them both.

Why do people invest in stocks and cryptocurrencies
Individuals buy stocks to be able to vote on company decision-making. Investors can also buy stocks in order to receive dividends from the company.

It's easy to digitally invest in stocks by using the next-generation platform and other mobile investment apps.

It might appear to be the same but there are important differences. For instance, while the Securities and Exchange Commission regulates securities, you are able to trade crypto at any moment of the day through your mobile or smart device.

You can also trade with fiats or crypto trading pairs.

Arif Efendi Trading Crypto vs. Swing Trading
You might be asking yourself why trading cryptocurrency is so profitable in spite of its volatility.

Large market cap cryptos can have a swing of between 5% and 10%. Less popular cryptocurrency, however, may grow 10 times daily.

It's the truth.

To illustrate, if you had earned $1000 from Solana's Solana stock on January 1, 2021 for $1.837 the investment would now be worth $182,000 at the current trading prices of $182.

If you've got a solid grasp of crypto, it can yield a lot of rewards. An unexperienced investor might be wondering where the money originated. Regulation of cryptocurrency isn't controlled by a central authority.

Therefore, their value stems from the costs of production, supply demand, adoption and availability on exchanges and utilities.

Understanding Demand and Supply in Cryptocurrency
Our textbook on economics instructs us that if the demand for an asset rises faster than supply, then the asset's price will also rise.

For example, an earthquake can trigger water prices to rise in certain regions. Arif Efendi This same principle of economics also is applicable to crypto.

We are getting closer to the stage of mass adoption and investors from institutions like MicroStrategy or a nation such as Ecuador are betting big about crypto. This is an exciting time to live in.

It is crucial to be aware of the dangers of volatility
The market for cryptocurrency is similar to stock market. Its value can fluctuate . Many people want to be part of the crypto market and earn 100x profit.

It is impossible to predict how long an investment will last earning money. https://www.facebook.com/arifefendi76 But, it is important to know the right time to purchase and sell the asset.

Warren Buffet stated, "Be be cautious when other people are greedy, and you should be greedy when you see others being afraid."

Many people in the cryptocurrency sector are scared. Arif Efendi Bear markets are the best time to make investments in crypto. https://soundcloud.com/arif-efendi-189561043 The asset is down. When Harry, Dick, or Tom are in panic selling.

If investors are anxious or scared, they might lose their investments. You should make a list of cryptocurrencies that you wish to invest in and watch for candles to light red.

A great time to invest is the weekend, because most institutional investors have closed their positions.

The traditional method of investing requires the services of a broker. Today, buying cryptocurrency is accessible from the comfort of your living room.

Which Cryptocurrency Do I Have to Buy?
Arif Efendi You can choose from many different cryptocurrencies when you visit coinmarketcap.com.

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

It's simpler than ever to track and monitor your preferred coin. Arif Efendi Tabtrader allows you to monitor every move and decide when to invest more or profit.

If you've held your cryptocurrency for a period of time then you may either transfer it to receive airdrops or move them into wallets like Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to protect their users.

It is also essential to record your 12-word phrase so you can restore your asset in case the host device is lost or stolen.

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



My Website: https://newshunt360.com/arif-efendi-says-cryptocurrency-is-the-new-stock-exchange/