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Arif Efendi, a Businessman offers insights on Crypto Investment

Arif Efendi an investor and businessman who has a lot of experience, saw crypto currencies as a viable investment opportunity. Here are his observations and lessons.

Arif Efendi explains the reason Crypto is different from the stock market.
It is crucial to be able to distinguish between cryptocurrency and stock if you are like me who is an investor. Arif Efendi While they have some similarities, cryptocurrencies are not the exact same as stocks.

Cryptocurrency is a digital asset which is used to record and verify transactions, uses cryptography as an alternative to a central authority. Arif Efendi Stocks (also known as equity) are securities that demonstrate the ownership of a particular part of a company.

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

Arif Efendi Why do people buy shares and cryptocurrencies
Individuals buy stocks for the purpose of voting on corporate decisions. They also invest to receive dividends, which the company distributes to its shareholders.

It's very easy to digitally invest in stocks with the latest generation platform, as well as other investment apps.

In contrast, the process might look similar, but there are still some notable variations. It is possible to trade cryptocurrency anytime of the day regardless of whether the Securities and Exchange Commission regulates the crypto stocks.

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

Trading Crypto vs. Swing Trading
You may be wondering why it's more profitable to trade crypto, despite the volatility.


Crypto with large market caps can fluctuate from 5% to 10 percent, while smaller ones can go up to 10x in a single day.

This is the truth.

If you had invested $1000 in Solana at $1.837 1st January 2021, your investment would be worth $182,000 at the current trading price of $182.

It can be very profitable to invest in crypto, if you don't have weak hands. The money may be from a foreign source. Cryptocurrency is not regulated by any central entity.

Their value is derived from the price of production, supply demand, adoption, and availability on exchanges and utility.

Understanding Supply and Demand in Cryptocurrency
We can remember from economics textbook that if there is more demand than supply for an asset the price of it will increase.

For instance when there is an earthquake in a location, the price of water will rise if demand remains constant. This same principle of economics also applies to cryptocurrency.

We are now in the stage of mass adoption and we're seeing institutions investors such as MicroStrategy and a country like Ecuador betting hugely on cryptocurrency. What a great moment to be alive!

Recognize the Risks of Volatility
Like the stock market The value of cryptocurrency changes. A lot of people want to join the crypto market and make 100x profits.

Although it is not certain that an asset will remain profit-making for the rest of its life, it is important to be aware of when assets should be purchased and traded or sold to make profit.

Arif Efendi Warren Buffet stated, "Be fearful when others get greedy and be greedy whenever you see others being afraid."

A majority of those working in the cryptocurrency market are scared. Bear markets are the best period to buy cryptocurrency. If the asset is falling. If Harry, Dick and Tom panic-sell.

https://www.researchgate.net/profile/M-Efendi If investors are anxious and worried, they might lose their assets. You should make a list of cryptocurrencies that you wish to invest in and watch for candles to light red.

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

Arif Efendi Traditional investment requires the services of a broker. Today, buying cryptocurrency can be done from the comfort of your home.

What Cryptocurrency Should You Purchase?
There are many options to choose from to choose from when you go to coinsmarketcap.com.

My number one pick was Solana. POLIS followed by AVAX and ATLAS.

It's also easier to keep track of your favourite coins and keep an an eye on them. Tabtrader makes it easy to keep track of each move and determine when you need to buy more.

If your cryptocurrency has been stored for a long time, it is possible to collect airdrops and move them to wallets. Trustwallet. Imtoken. Myetherwallet.

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

Conclusion
All of these details make you your bank. You can transact anytime, anywhere in the world, with everything you own.



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