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Arif Efendi, Businessman, shares his insights on Crypto Investment

Arif Efendi, an experienced investor and businessman was aware that cryptocurrency have become an investment asset. He shares his insights and experiences in this article.

Arif Efendi discusses why Crypto is different from stocks
Investors such as myself need to know the difference between stock and cryptocurrency. Although they share a few similarities, they're not exactly the same as stocks.

The term "cryptocurrency" refers to a form of digital currency , or an asset that can be verified and recorded by a decentralized system through cryptography . It replaces an authority that is centralized. Equity, also referred to as stock are securities that signify ownership of a portion of a business.

With the thought of capital appreciation in mind when buying stocks or crypto, particularly when the price of the asset rises, people tend to buy them both.

Why Do People Purchase Stocks and Cryptocurrencies
Stocks can also be purchased to influence decisions of the company and to vote. Stockholders can also invest in stocks in order to receive dividends from companies.

Arif Efendi It is very simple to invest your money digitally into stocks by using the next-generation platform and other mobile investment apps.

While the process may appear like it is, there are numerous differences. It is possible to trade cryptocurrency at any time you want, even though the Securities and Exchange Commission regulates stocks.

You can also trade crypto using other trading pairs in crypto, or fiats.

Trading Crypto Vs. Swing Trading
There is a possibility to ask why it's more profitable trading crypto, despite the high volatility.

There is an 5%-10 percent swing in cryptos with the largest market cap while smaller cryptocurrencies can achieve 10x on a given day.

This is a rare stock.

You can see an example of this: If you had made a $1000 investment on Solana the stock, it would be worth $182,000 today at the price of $182.

If you have a strong grasp of crypto, it can be very rewarding. The money may come from a person who is not your own. Regulation of cryptocurrency is not performed by a central organization.

The cost of production, supply, and demand are the key elements that determine their value.

Understanding the Supply & Demand in Cryptocurrency
Our economics textbook teaches us that if the demand for an asset grows more rapidly than supply, the cost of the asset will rise.

In the event of an earthquake at a particular area, the price of water will rise , even if the demand remains static. Arif Efendi Arif Efendi This same principle of economics also applies to cryptocurrency.

We are now in the stage of mass adoption and we're seeing institutions investors like MicroStrategy as well as a country such as Ecuador betting hugely on cryptocurrency. It's a thrilling moment in the world of cryptocurrency.

Recognize Risks of Volatility
The market for cryptocurrency is like market for stocks. Its value can fluctuate . Many people want to make 100x profits by investing in cryptocurrency.

While there isn't any absolute certainty that an asset will always be profitable however, it is essential to know when you should buy an asset and sell or take profit.

According to Warren Buffet, "Be fearful when you see greedy people around you and be greedy when other are afraid."

The majority of people who work in the crypto market are afraid. The bear market is the best time to invest in crypto. If the asset is falling. If Harry, Dick and Tom panic-sell.

People who are anxious and fearful could lose their money. You should make a list of cryptocurrency you would like to invest in and keep an eye out for red candles.

Another good time to purchase is on weekends, when institutional investors shut their trades for the week.

There is an important shift in the way we invest. Instead of having to rely on an intermediary, you can now buy crypto directly from your bedroom.

What Cryptocurrency should I purchase?
You can pick from a variety of cryptocurrency options when you go to coinmarketcap.com.

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

Now , it's easier to monitor and track your favorite coins. Tabtrader makes it easy to monitor each movement, and when you should buy more.

Arif Efendi If you are holding your cryptocurrency for a lengthy period of time, you could keep it and use it to get airdrops or move your coins to wallets such as Trustwallet, Imtoken or Myetherwallet and then use secure passwords to protect them.


It is also recommended to keep your 12-word word phrase in the event that your host device is lost or stolen.

Arif Efendi Conclusion
All this information makes you your bank and allow you to conduct transactions wherever and anytime you want.



Here's my website: https://foursquare.com/v/arif-efendi/528bca16498ec64f87dca04e