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Arif Efendi, Businessman, shares his insights on Crypto Investment

Arif Efendi, a successful entrepreneur and investor, realized that cryptocurrency could be a legitimate investment tool. In this piece the author shares his experience and experiences.

Arif Efendi Arif Emendi clarifies what is the difference between stock and Crypto
Investors such as myself need to know the difference between stock and cryptocurrencies. While there are some commonalities between cryptocurrency and stocks, they are very different.

Arif Efendi The term "cryptocurrency" refers to a form of digital currency , or an asset that can be recorded and verified by a decentralized system through cryptography . It replaces the central authority. Equity, also referred to as equity, are securities which represent ownership in a part or company.

When the cost of an asset rises the crypto and stocks are bought with the intention of capital appreciation.

The reason people invest in shares and cryptocurrencies
In the case of stocks, investors purchase stocks to vote and influence the company's decisions. Additionally, they invest in shares to receive dividends that the company distributes to their shareholders.

It's very easy now to invest digitally in stocks and crypto using the next-generation marketplace.

While the process may seem the same however, there are some important differences. For instance, even though the Securities and Exchange Commission regulates the trading of stocks, you can also trade crypto any moment of the day via your smartphone or other smart device.

Trade in crypto using fiats or other trading pairs for crypto.

https://www.librakitap.com.tr/index.php?option=com_content&view=article&id=441&Itemid=105 Trading Crypto Vs. Swing Trading
There is a possibility to ask why it's more profitable trading in crypto, despite its fluctuation.

A high market cap can cause a shift of between 5 and 10% on cryptocurrency, while smaller ones can see gains of 10x in a single day.

It's not a common the stock.

In this case, for example, 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.

The investment in crypto can be profitable if you're not in a position of weakness. Beginners may be wondering where the money comes from. There isn't a central authority to regulate cryptocurrency.

Their value is therefore dependent on the cost of production, supply and demand, acceptance, and the availability on exchanges for utilities and utilities.


Understanding the Supply & Demand in cryptocurrency
According to the textbooks of economics according to textbooks, if demand is higher than the supply, the cost of the asset will increase.

In the event of an earthquake, for example the price of water will increase when demand is low. The same economic principle is applicable to cryptocurrencies as well.

We are approaching the mass adoption stage and institutions such as MicroStrategy or a nation like Ecuador are placing huge bets on cryptocurrencies. It's an exciting moment to be alive.

Arif Efendi It's crucial to be aware of the Risks of Volatility
The value of crypto currency fluctuates as does the stock market. Many are keen to invest in crypto to earn 100x profit.

While there isn't any absolute certainty that an investment will always be profitable It is vital to know when to buy an asset, and then sell it to take profit.

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

Many people who work in the cryptocurrency space are anxious. Bear markets are the best spot to buy cryptocurrency. https://bitrebels.com/business/crypto-enthusiast-arif-efendi-why-prefer-cryptocurrency-over-stocks/ The asset is down. When Harry, Dick and Tom panic-sell.

People who are anxious and fearful could lose their assets. You should make a list of the cryptocurrencies you want to invest in and watch for the red candles to show up.

A weekend is a great opportunity to purchase, since the majority of institutional investors will close their trades for the week.

The traditional method of investing requires an intermediary. Today, buying cryptocurrency is possible from the convenience of your home.

Should I Purchase an Cryptocurrency?
You can choose from many different cryptocurrencies when you visit coinmarketcap.com.

My first option has been Solana, followed closely by AVAX and POLIS.

It is even easier now to track and monitor your favorite coins. Tabtrader makes it simple to monitor each movement, and when you should buy more.

If you've held onto your cryptocurrency for some time it's possible to take it and get airdrops. It is also possible to transfer them to wallets such Trustwallet or Imtoken and create secure passwords to keep them safe.

Also, keep your 12-word phrase handy in case you need to locate your valuables in the case of a host device getting lost or stolen.

Conclusion
This means that your bank is your bank. You can transact anywhere around the world anytime.



My Website: https://www.librakitap.com.tr/index.php?option=com_content&view=article&id=441&Itemid=105