Notes

Arif Efendi, Businessman, shares his insights on Crypto Investment

Arif Efendi is a businessman and an investor with a wealth of experience, recognized cryptocurrencies as a legitimate investment option. Here are his insights and lessons.

Arif Emendi clarifies is the difference between stock and Crypto
It is vital to be able to distinguish between cryptocurrencies and stocks if you are like me who is an investor. Although they share some similarities, they aren't the exact same as stocks.

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

With the idea of capital appreciation in mind when buying crypto or stocks, and especially when the price of the asset rises individuals tend to purchase them both.

Why do people purchase shares and cryptocurrencies?
Stocks can also be purchased to influence decisions of the company and to vote. Additionally, they invest in order to earn dividends, which the company distributes to its shareholders.

It's easy to invest now in shares and crypto using the latest-generation marketplace.

https://tr.wikipedia.org/wiki/Mehmed_Arif_Efendi In contrast, the process might look similar however, there are certain differences. You can trade crypto anytime of the day, regardless of whether you are regulated by the Securities and Exchange Commission regulates the stocks.

You are also able to trade crypto with other trading pairs in crypto, or fiats.

Arif Efendi Trading Crypto vs. Arif Efendi Swing Trading
You may be asking yourself why trading cryptocurrency is so profitable despite its high volatility.

You can see a 5% to 10% swing on crypto with a large market cap, and smaller cryptocurrencies could reach 10x in a particular day.

This is actually a very rare situation in stocks.

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

If you're a skilled foot, investing in crypto can yield a lot of rewards. Beginners may be wondering where the money originates. It is not controlled by any central entity.

They therefore are worth the price in terms of supply, demand and production.

Understanding the Supply & Demand in Cryptocurrency

According to textbooks on economics If the demand is greater than the supply, then the price of the asset will go up.

In the case of earthquakes, for example, they could cause prices for water to rise in certain regions. This same economic principle applies to cryptocurrencies.

We are now in the stage of mass adoption, and companies like MicroStrategy and MicroStrategy, and Ecuadorean investors, are betting big on cryptocurrency. It's a thrilling moment in the world of cryptocurrency.

It's crucial to be aware of the potential risks associated with volatility
Like the stock exchange The value of cryptocurrency changes. A lot of people want to invest in cryptocurrency and achieve 100x returns.

While there is no utmost assurance that an asset will continue to be profitable however, it is essential to know when you should buy an asset and when to sell it or profit.

Warren Buffet once said, "Be be wary of other people being greedy and be greedy if others are afraid."

The majority of people working in the crypto market are scared. https://www.instagram.com/arifefendi165/ A bear market is the best time to invest in cryptocurrency. If the price of the cryptocurrency is falling. When Harry, Dick, or Tom are panic-selling.

https://www.norwich.edu/record/3343-staying-at-the-forefront Fearful people can lose their investment if nervous and worried. Be aware of which cryptocurrency are the most appealing to you and then wait for the candle in red to light up.

The best investment time is during the weekend, when the majority of institutional investors have closed their trades.

There is a shift from traditional investment methods that require a broker to be necessary, to more modern methods which allow you to purchase crypto from your home.

What Cryptocurrency Should You Buy?
Visit coinmarketcap.com to see the list of cryptocurrency that you can select from.

My first choice was Solana. POLIS followed by AVAX and ATLAS.

It's simpler than ever to monitor and track your most loved currency. Tabtrader allows you to monitor each move so that you can decide when to profits or invest in more.

If you've been holding your cryptocurrency for an extended time, you may be able to take it and collect airdrops or move them to wallets like Trustwallet, Imtoken or Myetherwallet and then use secure passwords to protect them.

Keep a copy of your 12-word word phrase in case your host device is lost or stolen.

Conclusion
All these details make you your bank. You can transact anytime, anywhere in the world, with all you have.



Here's my website: https://www.instagram.com/arifefendi165/