Notes

Arif Efendi, a Businessman offers insights on Crypto Investment

Arif Efendi is a businessman and an investor who has a lot of experience, saw cryptocurrency as an investment option. In this article he shares his lessons and insights

Arif Efendi discusses why Crypto is distinct from the stock market.
Investors such as myself need to know the difference between stock and cryptocurrency. Although they share a few similarities, cryptocurrencies are not identical to stocks.

The cryptocurrency is an electronic asset and money whose transactions have been recorded and verified via a decentralized cryptography. It doesn't rely on the authority of a central authority. On the other hand, stocks, also called equity are securities that show ownership of a particular part of a company.

With the thought of capital appreciation in mind when buying crypto or stocks, especially when the price of the asset rises, people tend to buy them both.

Why Do People Purchase Stocks and Cryptocurrencies?
For stocks, people buy stocks to be able to vote and influence the company's decisions. Arif Efendi Investors also buy shares to earn dividends, which the company makes to shareholders.

It's quite simple to invest your money digitally in crypto and stocks right now through the new marketplace and various mobile apps for investing.

It might appear to be identical, however there are some important distinctions. Arif Efendi You can trade cryptocurrency any time you'd like, even if the Securities and Exchange Commission regulates stocks.

You can also trade crypto using fiats, crypto trading pairs or crypto.

Trading Crypto and. Swing Trading
It is possible to ask what the reason it's better to invest in trading cryptocurrency despite the risk of.

Market caps for crypto with large size could fluctuate between 5% and 10%, while smaller cryptos can reach 10x in one day.

It is not common in stocks.

Here's an example of this: If you had invested $1000 on Solana the stock, it would be worth $182,000 today at the $182 trading price.

It can be profitable if you're not in a position of weakness. An uninitiated person might wonder where the money is coming from. It is not controlled by any central authority.

Their value is determined by the costs of production and consumption, demand and supply the rate of adoption, as well as the availability on exchanges for utilities and in 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 rise.

If there's an earthquake, as in the price of water will increase when demand is low. The same economic concept is applicable to cryptocurrency.

We are nearing the mass adoption stage and investors from institutions like MicroStrategy or a nation like Ecuador are betting big about crypto. What a great moment to be alive!

Recognize Risks of Volatility
The cryptocurrency market is similar to stock markets. Its value can fluctuate . Many investors want to earn 100x profits by investing in cryptocurrency.

While there isn't any absolute guarantee that an asset will continue to be profitable however, it is essential to know when to buy an asset and sell or make profits.

According to Warren Buffet, "Be fearful when you see greedy people around you and be greedy when others are fearful."

The crypto community's members are usually scared. The ideal time to purchase cryptocurrency is in the bear market. When the asset goes down. When every Tom, Dick and Harry is selling in a panic.

If investors are anxious and worried, they might lose their assets. Arif Efendi https://kemenag.go.id/author/11/m-arif-efendi?page=2 You should make a list of cryptocurrencies that you wish to invest in and then wait for red candles to appear.

Arif Efendi A weekend is an excellent time to invest in a new car, since most institutional investors will close their trades for that week.

At present, we're witnessing a major shift away from the traditional ways of investing, in which you need a broker, to a modern way, which allows you to buy cryptocurrency right from your own home.

Which Cryptocurrency Should I Purchase?
Arif Efendi There are a variety of cryptocurrencies to pick from when you go to coinmarketcap.com.

My favorite is Solana. https://thelibertarianrepublic.com/arif-efendi-why-cryptocurrency-here-to-stay/ This was followed by VAX, POLIS, and ATLAS.

It's also easy to track your most loved coins and keep an an eye on them. Tabtrader makes it simple to keep track of each move, and when you should purchase more.

If you've been holding 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 use secure passwords to secure them.

Arif Efendi Also, keep your 12-word phrase in mind to ensure you are able to retrieve your valuables in the scenario of the host device becoming lost or taken.

Conclusion
With all of this information, you're now your own bank and can transact at any time and wherever you are in the world.



Website: https://books.google.com/books?id=xri9e8h7zIUC&pg=PA134&lpg=PA134&dq=arif+efendi&source=bl&ots=qjCRM8ncdS&sig=ACfU3U2MF2_JPStMqQ57PZI2TjmVXeGClA&sa=X&ved=2ahUKEwiEucyIipv4AhWSkGoFHXWCDso4FBDoAXoECAMQAw