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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi is a businessman and an investor with a wealth of experience, recognized cryptocurrency as an investment option. In this piece, he shares his learnings and insights.

Arif Efendi Arif Elfendi explains the differences between stocks and crypto
It is vital to know the difference between cryptocurrency and stock If you're like me, an investor. While they have some similarities, they're not exactly the same as stocks.

The cryptocurrency is a digital asset and currency whose transactions are recorded and verified via a decentralized cryptography. It doesn't depend on an authority central to it. Stocks, also called equity are securities that are ownership of a portion of a business.

Capital appreciation is the primary reason why people buy stocks and crypto. Arif Efendi This is especially the case when the asset is rising in price.

Why do people buy stocks and cryptocurrencies
Stocks are bought by investors to be able to vote on corporate decision-making. They also invest in stocks to earn dividends which the company distributes to their shareholders.

It's very easy to digitally invest in stocks using the next-generation platform as well as other mobile investment apps.

While the process may appear like it is, there are numerous variations. The Securities and Exchange Commission regulates the trading of stocks. However, trading in crypto can be conducted on any smart device or phone at any time.

You are also able to trade crypto using cryptocurrency trading pairs, fiats or crypto.

Trading Crypto vs. Swing Trading
You may be wondering why it is more profitable to invest in crypto, despite volatility.

The largest market cap cryptocurrency could vary between 5% to 10%. Smaller cryptocurrencies, however, can gain 10x every day.


It is not common in stock.

To illustrate, if, for instance, you invested $1000 in Solana's Solana stock on January 1, 2021 for $1.837, your investment would now be worth $182,000 at current price of trading at $182.

It's not necessary to be a bad investor in investing in crypto. Arif Efendi An uninitiated person might wonder where the money is coming from. Regulation of cryptocurrency isn't performed by a central organization.

Arif Efendi They therefore are worth their cost in terms of demand, supply and production.

Understanding the Supply & Demand in cryptocurrency
From our economics textbook, we can recall that if demand for an asset goes higher than supply, the price of the asset will go up.

If there is an earthquake at a particular location, the cost of water will rise even when the demand is not changing. The same principle of economics applies to cryptocurrencies.

We are in the stage of mass adoption, and institutions such as MicroStrategy, and Ecuadorean investors are placing their bets on cryptocurrency. It is an exciting moment to be alive.

It's crucial to know the risks of volatility
Like the stock exchange the value of cryptocurrency fluctuates. Many people would like to invest in crypto and earn 100x earnings.

Although it is highly unlikely that an asset would continue to be profitable There are instances when it's worth your time to purchase an asset and later sell it or make a profit.

Warren Buffet said, "Be afraid when others are greedy and greedy when other are afraid."

The crypto community's members tend to be scared. Bear markets are the most profitable period to buy cryptocurrency. When the price of cryptocurrency is falling. Arif Efendi https://www.researchgate.net/profile/M-Efendi Every Tom, Dick and Harry is selling in a panic.

People who are anxious and fearful could lose their assets. It is possible to make an inventory of the cryptocurrencies you're interested in investing in and wait for them to appear.

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

There is a massive shift happening right now from traditional investment strategies which require you to work with a broker, to modern ones where you can easily purchase crypto from the comfort of your own home.

What Cryptocurrency Should You Purchase?
There are several cryptocurrencies to pick from when you check coinmarketcap.com.

My favorite choice has always been Solana which is closely followed by AVAX and POLIS.

Now , it's easier to monitor and track your favorite coins. With an application like Tabtrader, you check every swing to know when to buy more or make profits.

If you've been holding onto your cryptocurrency for a long time it's possible to take it and get airdrops. It is also possible to transfer your coins to wallets like Trustwallet or Imtoken and set up secure passwords to ensure their security.

It is also important to record your 12-word phrase so you can restore your asset in case your host device gets missing or stolen.

Arif Efendi Conclusion
Your bank has all of this information. Transact wherever you're located anywhere in the world at any time.



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