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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi, an experienced investor, businessman and entrepreneur recognized that cryptocurrencies have become an investment asset. This article outlines his insights and experiences.

Arif Efendi Arif Emendi clarifies is the difference between stock and Crypto
It is essential to know the difference between cryptocurrencies and stocks for those who are, like me who is an investor. The two have a lot of similarities, however they aren't identical.

Arif Efendi The cryptocurrency is an electronic asset and money whose transactions have been documented and verified by decentralized cryptography. It doesn't depend on a central authority. Arif Efendi Stocks, also known equity, are securities that represent the ownership of a part of a business.

Capital appreciation is a key reason why people buy stocks and crypto. This is especially the case when the asset holds rises in price.

Why Do People Purchase Stocks and Cryptocurrencies
Stocks are bought by investors to vote for company decision-making. Investors also purchase stocks to receive dividends, which the company makes to shareholders.

It's easy now to invest digitally in shares and crypto with the latest-generation marketplace.

While the process might appear identical however, there are some important differences. For instance, while the Securities and Exchange Commission regulates stocks, you can trade crypto at any time of the day from your smart phone or smartphone.

You can also trade using fiats and crypto trading pairs.

Trading Crypto vs. Swing Trading
You may be asking yourself why trading crypto is so profitable despite its high volatility.

The largest market cap cryptocurrency can be able to fluctuate between 5% to 10%. Less popular cryptocurrencies, however, can grow 10 times per day.

This is a scarce stock.

For example, if you had made $1000 in Solana's Solana stock on January 1, 2021 for $1.837, your investment is now valued at $182,000 based on the current prices for trading of $182.

If you're not a weak person, crypto investment can be very profitable. A person who isn't familiar with the subject might be interested in knowing where the money is coming. There is no central authority that regulates cryptocurrency.

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

Understanding Demand and Supply in Cryptocurrency
In our economics textbook we are able to recall that if the demand for an asset rises up faster than the supply, the cost of that asset will increase.

If there is an earthquake, as in the price of water will increase when demand is low. This same economic principle applies to cryptocurrency.

We are moving into the stage of mass adoption, and institutions such as MicroStrategy and MicroStrategy, and Ecuadorean investors are betting big on cryptocurrency. It's a great time to be alive.

It's crucial to know the dangers of volatility
Just like the stock exchange The value of cryptocurrency changes. Arif Efendi Many people are eager to invest in crypto to earn 100x profit.

There is no guarantee that the profitability of an asset will be constant, however it is important to be able to identify when to sell an asset or make an income.

Warren Buffet said, "Be afraid when others are too greedy, and greedy when you are scared."

Most people in crypto are scared. Bear markets are the best place to buy cryptocurrency. The asset is down. When every Tom, Dick and Harry is panic-selling.

The people who are anxious and fearful could lose their wealth. Be aware of which cryptocurrency are the most appealing to you and watch for the candle in red to light up.

Another great time to buy is during weekends, when most institutional investors have closed their trades for the week.

We are witnessing a shift away from traditional investing methods that require a broker to be required, to modern ways, where you can buy crypto from your home.

What Cryptocurrency Should You Purchase?
There are a lot of options available when you check coinsmarketcap.com.

My favorite is Solana. It was followed by VAX, POLIS, and ATLAS.

It's also easier to keep track of your favorite coins and keep the eye on them. Tabtrader allows you to monitor each movement and determine when you need to purchase more.

If you have held your cryptocurrency for a lengthy time, you can keep it and use it to get airdrops or transfer the coins into wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to safeguard them.

http://bitcointalk.jp/index.php?qa=user&qa_1=arif.efendipvfy978 It is also essential to save your 12-word password so you can restore your investment in the event that your host device goes missing or is stolen.

Arif Efendi Conclusion
All this information makes you your bank and allow you to transact anywhere and at any time you wish.


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