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Arif Efendi, a Businessman offers insights on Crypto Investment

Arif Efendi was an investor and businessman who realized that cryptocurrency was an investment option that was viable. This article is a reflection of his insights and experiences.

Arif Efendi discusses how Crypto is distinct from stocks
Investors such as myself need to know the difference between stock and cryptocurrencies. Stocks and cryptocurrency have some similarities, but they aren't exactly the same.

Cryptocurrency, a type of digital asset that is used to record and verify transactions utilizes cryptography as an alternative to a central authority. However, stocks, also called equity, are securities that depict the ownership of a portion of a firm.

People buy both stocks and crypto with capital appreciation in mind, especially when the asset that is being held increases in price.

The reason people invest in cryptocurrency and stocks
Stocks can be purchased to vote or influence company decision-making. Investors also purchase stocks to receive the dividend payments that the company gives to shareholders.

It is quite easy to invest in digital crypto and stocks today through the new marketplace and numerous mobile investment apps.

Although it appears similar to the way things are done but there are some important differences. Cryptocurrency trading can be done anytime of the day regardless of whether you are regulated by the Securities and Exchange Commission regulates the stocks.

Trade crypto with fiats or other trading pairs for crypto.

Trading Crypto and. Swing Trading
You may be wondering why it is more profitable to trade crypto, despite the volatility.

There is an 5%-10 percent change in the price of crypto when it has an enormous market cap while smaller cryptocurrencies can achieve 10x per day.

This is a scarce stock.

For instance, if you had put $1000 into Solana 1st January 2021, at $1.837 the investment would be worth $182,000 right now at the current trading price of $182.

It can be very profitable investing in crypto, if you're not a weak player. The money may be from a foreign source. The regulation of cryptocurrency isn't performed by a central organization.

Their value is therefore determined by the costs of production as well as demand and supply acceptance, and the availability of utility exchanges and utilities.

Arif Efendi Understanding the Supply & Demand in cryptocurrency
The textbook of economics tells us that the cost of an asset will increase if its demand grows more rapidly than its supply.

For example, if there is an earthquake at a specific location that is prone to earthquakes, the cost of water will rise even if the demand remains constant. The same economic principle applies also to cryptocurrencies.

Arif Efendi We are in the phase of mass adoption. Institutional investors such as MicroStrategy are investing massively in cryptocurrency. It's a wonderful time to live in the present.

https://tr.wikipedia.org/wiki/Mehmed_Arif_Efendi Recognize the Volatility Risks
Like the stock exchange the value of cryptocurrency fluctuates. Many people want to join crypto and earn a 100x profit.

https://de-de.facebook.com/arif.efendi.3194 Arif Efendi It is not guaranteed that an asset's profit margin will be constant, however it is important to be able to identify the right time to sell an asset or make profits.

In the words of Warren Buffet, "Be fearful when others are greedy and be greedy when you are afraid."

People in the crypto space are usually scared. A bear market is the best moment to buy cryptocurrency. When the value of cryptocurrency is declining. Arif Efendi If every Tom, Dick and Harry is selling in a panic.

When people are fearful and worried, they might lose their investments. Keep a list of cryptos you'd prefer to invest in and look for the red candles to appear.

Another excellent time is weekends when the majority of institutions are closing their trades.


There is a huge shift taking place in the present from traditional investment strategies which require you to work with a broker. These are contemporary ones that let you easily buy crypto from the privacy of your own home.

Should I Buy a Cryptocurrency?
There are a myriad of cryptocurrencies if you visit coinmarketcap.com.

My favorite has been Solana. This was followed by VAX, POLIS, and ATLAS.

Arif Efendi It's even easier to monitor and track your preferred currencies. Tabtrader is an application that lets you monitor every swing and see when it's time for you to earn or invest in more.

If your cryptocurrency was stored for a long time it's possible to get airdrops, and then transfer the coins into wallets. Trustwallet. Imtoken. Myetherwallet.

The 12-word phrase you have chosen should be saved in order to recover your valuable asset in the event of your host device goes missing or taken.

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



Read More: https://www.newsanyway.com/2021/10/18/arif-efendi-donates-200000-to-norwich-university-as-a-testament-to-its-impact-on-his-life/
     
 
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