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Arif Efendi, a Businessman gives his insights on Crypto Investment

Arif Efendi a successful businessman and investor realized that cryptocurrencies could be an investment tool. He shares his thoughts and experiences in this article.

Arif Elfendi explains differences between stocks and crypto
It is crucial to be able to distinguish between cryptocurrency and stock If you're like me who is an investor. Both stocks and cryptocurrency have many similarities, however they aren't the same.

https://books.google.co.uk/books?id=hKg-rQcBNXsC&pg=PA116&lpg=PA116&dq=arif+efendi&source=bl&ots=EFE4PlK1yl&sig=ACfU3U2VhzV7PDf6WcFBQH4zbbd2OQATkg&sa=X&ved=2ahUKEwiUldj5i5v4AhUJ8DgGHRVPBGs4ChDoAXoECAIQAw The cryptocurrency is a digital asset and currency whose transactions are recorded and verified via a decentralized cryptography. It does not depend on the authority of a central authority. Stocks (also called equity) are securities that demonstrate ownership of a certain portion of a business.

When the price of an asset rises the crypto and stocks are bought in the hope of capital appreciation.

Arif Efendi Why do people purchase stocks and cryptocurrencies
In the case of stocks, investors purchase stocks to vote and influence company decisions. Stockholders are also able to invest in stocks in order to receive dividends from the company.

It's very easy now to invest digitally in shares and crypto with the new-generation market.


However, the process may look the same, but there are still distinct distinctions. The Securities and Exchange Commission regulates stocks. However, trading in crypto is accessible from any smart device or phone anytime.

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

Trading Crypto and. Swing Trading
You may be wondering what the reason it's more profitable for you to invest in crypto, despite the risk of volatility.

A high market cap can lead to a swing of 5% to 10% in crypto, while smaller cryptocurrencies could see gains of 10x within a single day.

It's not commonplace in the stock.

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

https://businesscloud.co.uk/news/arif-efendi-answers-all-your-questions-about-cryptocurrency/ If you have a strong hand, crypto investment can yield a lot of rewards. Arif Efendi A noob may ask what the source of the money comes from. The regulation of cryptocurrency is not done by a central institution.

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

Understanding the Demand and Supply in Cryptocurrency
The economics textbook tells us that the price of an asset will rise if its demand grows more rapidly than its supply.

In the event of an earthquake occurring in a place where water is available, the cost of the water will rise if the demand for it isn't. The same economic principle is applicable to cryptocurrencies.

We are now in the stage of mass adoption and we're witnessing institutional investors such as MicroStrategy as well as a country such as Ecuador betting hugely on cryptocurrency. This is a fantastic moment to be alive!

Recognize Risks of Volatility
The market for cryptocurrency is similar to stock market. Its value can fluctuate . A lot of people are hoping to make 100x profits by investing in crypto.

While it's not guaranteed that an investment will be profitable for a long time it is essential to be aware of when assets should be purchased and removed from profit or sold.

Warren Buffet stated, "Be be cautious when other people are greedy, and be greedy whenever people are scared."

Most people in crypto are scared. The bear markets are the most favorable time to make investments in crypto. If the currency is in decline. When every Tom, Dick and Harry is panic-selling.

People who are anxious and worried could end up losing their wealth. It is possible to make an inventory of the cryptocurrencies you are looking to invest in and wait for them to come up.

Another excellent time to buy is during weekends, when the majority of institutional investors are closing their trading for the week.

Traditional investment requires an intermediary. The modern way of buying crypto is accessible from the comfort of your living room.

Which Cryptocurrency Do I Need to Purchase?
There are many cryptocurrencies available to select from if you check coinmarketcap.com.

My top pick was Solana. POLIS, AVAX as well as ATLAS were in close proximity.

Arif Efendi It's now easier to monitor and track your favorite currencies. With an app such as Tabtrader You can monitor each time you swing and can determine when to buy more or make profits.

If you have held your cryptocurrency for an extended time, you can take it and collect airdrops or transfer your coins to wallets such as Trustwallet, Imtoken or Myetherwallet and make sure you use secure passwords to protect the coins.

You should also keep your 12-word phrase in case your host device is stolen or lost.

Conclusion
With this information, your bank is now your bank. You can conduct transactions anywhere on the planet at any hour.



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