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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi who is a successful investor and businessman, realized that cryptocurrencies were now a legal investment option. In this article he shares his experiences and tips

Arif Elfendi explains distinctions between crypto and stocks.
Investors like me need to know the difference between stocks and cryptocurrency. Although they share many similarities, stocks and cryptocurrency are distinct.

https://www.instagram.com/arif_efendi07/ A cryptocurrency is a form of digital currency , or an asset whose transactions can be verified and recorded through a decentralized system through cryptography . This is in place of the central authority. https://www.youtube.com/watch?v=dnAWM0BIt3A Stocks, also called securities or equity, are the ownership of a specific portion of a firm.


https://scholar.google.co.id/citations?user=1H3CimcAAAAJ Capital appreciation is one of the main reason why people buy crypto and stocks. This is especially the case when the asset holds rises in price.

Arif Efendi Why people Buy Cryptocurrencies and Stocks
In the case of stocks, investors purchase stocks to vote and influence company decisions. Additionally, they invest in order to earn dividends which the company distributes among their shareholders.

It is quite easy to invest digitally in stocks and crypto today using the next-generation marketplace as well as numerous mobile investment apps.

It may seem like the same but there are important differences. For example, although the Securities and Exchange Commission regulates the stock market, you are able to trade crypto anytime of the day using your smartphone or smart phone.

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

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

The largest market cap cryptocurrency can vary between 5% and 10 percent. The smaller cryptos, however, could gain 10x daily.

This is a scarce stock.

For instance, if $1000 had been put into Solana 1st January 2021, for $1.837 The investment would be valued at $182,000 today at $182.

The investment in crypto can be rewarding if you are not weak. The money can come from a person who is not your own. The regulation of cryptocurrency is not controlled by a central authority.

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

Understanding the Demand and Supply in Cryptocurrency
According to economics textbooks If the demand is greater than the supply, the cost of the asset will go up.

If there's an earthquake in an area where water is available, the cost of the water will increase if there is a demand for the water is not. This same principle of economics also is applicable to crypto.

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

It is important to be aware of the dangers of volatility
Cryptocurrency's value fluctuates just like the stock market. Many people wish to be part of crypto and earn a 100x profit.

There's no guarantee that an asset's profitability will be constant, however it is crucial to know when to sell an asset or make an income.

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

Cryptocurrency enthusiasts are usually scared. The bear market is the best moment to buy crypto. When the price of cryptocurrency is falling. Panic-selling happens when there's no Harry, Dick or Tom.

If people feel anxious or scared, they might lose their holdings. Make a list of the cryptocurrencies that are the most appealing to you and then wait for the candle in red to start to burn.

Another great time to buy is on weekends as the majority of institutional investors are closing their trades for the week.

The traditional way of investing requires an intermediary. Modern crypto buying is possible from the convenience in your living room.

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

My favorite always has been Solana (SOL), followed by AVAX, POLIS and ATLAS.

It's easier than ever to keep track of and monitor your favorite currency. Tabtrader lets you track each swing and determine whether to invest more profit.

Arif Efendi If you've held onto your cryptocurrency for a long time and you're able to get it back and enjoy airdrops. You can also move them to wallets such Trustwallet or Imtoken and then create passwords that are secure to protect them.

It is also essential to keep your 12-word phrase so you can restore your investment in the event that your host device goes missing or is stolen.

Conclusion
Your bank has all this information. Transact wherever you're located anywhere in the world anytime.



Read More: https://www.researchgate.net/profile/M-Efendi