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Arif Efendi, Businessman, shares his insights on Crypto Investment

Arif Efendi, a businessman and investor with extensive experience, saw crypto currencies as a viable investment opportunity. In this article Efendi shares his experiences and experiences.

Arif Efendi explains why Crypto is distinct from stocks
If you're an investor, it's crucial to comprehend the distinctions between stocks and cryptocurrency. Although they share some similarities, they aren't identical to stocks.

Cryptocurrency can be described as a digital asset or currency whose transactions are documented and verified by a decentralized system using cryptography instead of a centralized authority. In contrast, stocks, also called equity are securities that represent ownership of a particular part of a business.

People buy both stocks and crypto with the intention of capital appreciation in particular when the currency that is being held increases in price.

Why people buy Stocks and Cryptocurrencies
Stocks are bought to influence or vote on company decisions. Additionally, they invest in order to earn dividends which the company distributes to their shareholders.

It's easy to invest in digital stocks and crypto currently with the next-generation marketplace and numerous mobile investment apps.

Although the process may look like it does, there are a lot of differences. For example, while the Securities and Exchange Commission regulates securities, you are able to trade crypto any time of the day directly from your phone or smart device.

Arif Efendi You can also trade crypto with other trading pairs of crypto or fiats.

Trading Crypto vs. Swing Trading
You might be asking what the reason it's more profitable to invest in crypto, despite the volatility.

Arif Efendi The largest market cap cryptocurrency can be able to fluctuate between 5% to 10 percent. The smaller cryptocurrencies, however, can grow 10 times every day.

It is not common in stock.

For instance, if you were to have invested $1000 in Solana 1st January 2021 at $1.837, your investment would be valued at $182,000 today at the current trading price of $182.

Arif Efendi If you have a strong hand, crypto investment is a great way to earn money. A novice may wonder where the money originated. The cryptocurrency market is not governed by any central entity.

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

Understanding Supply and Demand in Cryptocurrency
The textbook of economics tells us that the cost of an asset can rise when demand for it grows more rapidly than its supply.

For instance, if there is an earthquake in a location that is prone to earthquakes, the cost of water will rise even if the demand remains constant. The same economic concept is applicable to cryptocurrencies as well.

We are getting closer to the mass adoption stage and institutions such as MicroStrategy or even a country like Ecuador are betting big about crypto. Arif Efendi It's an exciting time to live in the present.

Recognize Volatility Risks
The cost of crypto fluctuates in the same way as the market for stocks. Many people are eager to invest in cryptocurrency and earn 100x profit.

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

Warren Buffet says, "Be fearful if others become greedy. Be greedy if others are scared."

Most people in the crypto space are fearful. The bear markets are among the best times to invest in crypto. When the asset goes down. Panic-selling is when there are none of Harry, Dick or Tom.

The people who are anxious and fearful could lose their wealth. Make a list of the cryptocurrencies that are the most appealing to you and watch for the candle in red to start to burn.

Another excellent time to buy is during the weekend when the majority of institutional investors have closed their trades for the week.

Today, there is a major shift in how we make investments. Instead of requiring the services of a broker, you are able to now purchase crypto right from your bedroom.

What Cryptocurrency Do I Have to Buy?
There are a variety of cryptocurrencies to select from if you visit coinmarketcap.com.

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

It's easier than ever to track and monitor your favorite coin. Tabtrader makes it simple to track each swing and also when it is time to purchase more.

If you keep your cryptocurrency for a prolonged period of time You have the option to either collect airdrops or transfer them into wallets such as Trustwallet. Imtoken or Myetherwallet. Use secure passwords to safeguard them.


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

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



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