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

Arif Efendi, an experienced businessman, and investor was aware that cryptocurrency were now a legal investment asset. This article shares his insights and experiences.

Arif Elfendi explains differences between stocks and crypto
Investors like me must be aware of the distinction between stocks and cryptocurrency. The two have a lot of similarities but they are not identical.

Cryptocurrency is a digital asset that is used to record and verify transactions, uses cryptography as an alternative to an authority central to. Equity, also referred to as equity, are securities which represent ownership in a part or company.

Arif Efendi Stocks and crypto with capital appreciation in mind, especially when the asset is valued increases in value.

Arif Efendi Why People Buy Stocks and Cryptocurrencies
Stocks are purchased by shareholders who vote on company decisions. Also, they invest to receive dividends which the company distributes among their shareholders.

It's easy to invest in crypto and stocks digitally right now using the next-generation market and other mobile apps for investing.

However, the process might look similar however there are distinct variations. For example, while the Securities and Exchange Commission regulates the trading of stocks, you can also trade cryptocurrency at any day of the week through your mobile or smart device.

It is also possible to trade with fiats or crypto trading pairs.

Trading Crypto Vs. Swing Trading
You may be wondering why trading cryptocurrency is so profitable, despite its volatile nature.

There is the 5% to 10% swing on crypto with a large market cap, even smaller cryptos can reach 10x in a particular day.

http://sc.sie.gov.hk/TuniS/www.researchgate.net/profile/M-Efendi This is a scarce stock.

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

It can be rewarding , if you're not in a position of weakness. The money may be from a foreign source. The regulation of cryptocurrency isn't controlled by a central authority.

Thus, their value comes in the form of production and supply as well as demand and adoption.

Understanding the Supply and Demand of Cryptocurrency
According to textbooks on economics according to textbooks, if demand is greater than the supply, then the value of the asset will rise.

If there's an earthquake, for example water prices can rise when demand is low. This same principle of economics also applies to cryptocurrency.

We are getting to the mass adoption phase, and we are seeing institutional investors such as MicroStrategy and countries like Ecuador investing heavily in cryptocurrency. It's a wonderful moment to be alive.

Be aware of the volatility risks
The value of cryptocurrency fluctuates and down similar to the market for stocks. Many investors want to earn 100x profits by investing in cryptocurrency.

Although it is unlikely an investment will continue to be profitable There are instances when it's worth your time to purchase an asset and later either sell it or profit.

Warren Buffet says, "Be afraid if other people become greedy. Be greedy if others are scared."

The majority of people who invest in cryptocurrency are scared. The bear market is the most profitable time to invest in crypto. If the asset is falling. Arif Efendi If Harry, Dick and Tom panic-sell.

If individuals become stressed and afraid, they may lose their holdings. You can make your own list of cryptocurrencies that you're looking to invest in and then wait for them to appear.

Another good time to invest is on weekends, when the majority of institutions are closing their trades.

Right now, we are experiencing a huge shift from the old ways of investing, in which you require a broker, to a new method that allows you to purchase cryptocurrency right from your own home.

Arif Efendi What Cryptocurrency Should I Buy?
There are a variety of cryptocurrencies to select from if you go to coinmarketcap.com.

My first option has been Solana which is followed closely by AVAX and POLIS.

It's also easy to track your favourite coins and keep an in mind their movements. Tabtrader lets you monitor every step so that you are able to decide when to take profits or purchase more.

If you keep your crypto for a lengthy period of time, you have the option to either collect airdrops or transfer them into wallets such as Trustwallet. Imtoken or Myetherwallet. Secure passwords are essential to safeguard the security of your crypto.

You should also keep your 12-word phrase in the event that your host device is lost or stolen.

Conclusion
Your bank has all of this information. Make transactions wherever you are around the globe at any time.


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