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Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi is a businessman and an investor who has a lot of experience, saw cryptocurrencies as a legitimate investment choice. Arif Efendi In this article , he shares his experience and knowledge

Arif Efendi explains why Crypto is different from stocks
It is vital to be able to differentiate between cryptocurrencies and stocks for those who are, like me, an investor. Although they share some similarities, cryptocurrencies are not identical to stocks.

Cryptocurrency is a digital currency whose transactions are recorded by a decentralized system employing cryptography instead of an authority central to. Arif Efendi Stocks, also known equity are securities that signify the ownership of a part of a business.

Capital appreciation is one of the main reason for people to invest in cryptocurrency and stocks. This is particularly true when the asset holds rises in value.

Why people buy stocks and cryptocurrencies
Stocks are also able to be bought to influence company decisions and votes. Stockholders can also invest in stocks in order to receive dividends from the company.

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

However, the process might look similar however, there are distinct differences. For instance, even though the Securities and Exchange Commission regulates securities, you are able to trade crypto any moment of the day from your phone or smart device.

It is also possible to trade cryptocurrency with other trading pairs of crypto and fiats.

Trading Crypto vs. Swing Trading
You might be wondering what the reason it's more profitable to trade in crypto despite the risk of.

It is possible to see a 5% to 10% swing on crypto with an enormous market cap while smaller cryptocurrencies can achieve 10x per day.

It's true that this is a rare item in the market.

To illustrate, if you invested $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 weak, crypto investment can be extremely lucrative. The money may come from a person who is not your own. It is not possible to regulate cryptocurrency from an agency central to.

Their value is therefore in the form of production and supply, as well as the demand and acceptance.

Arif Efendi Understanding the Supply & Demand in cryptocurrency
Our textbook on economics teaches us that if the demand for an asset increases more rapidly than supply, the cost of the asset will increase.

For example, an earthquake can trigger water prices to rise in some areas. This economic principle also is applicable to crypto.

We are in the middle of the stage of mass adoption. We witness institutional investors like MicroStrategy as well as nations like Ecuador making big bets on cryptocurrency. It's an exciting time to be alive.

Arif Efendi It's important to understand the dangers of volatility
The worth of cryptocurrency goes up and down similar to the stock market. Many people desire to become crypto-savvy and make 100x profit.


It is not possible to determine the future of an asset. earning money. But, it is crucial to understand the best time to buy and sell an asset.

In the words of Warren Buffet, "Be fearful when other people are greedy, and be greedy when you are fearful."

The majority of people who invest in cryptocurrency are scared. Bear markets are the ideal time to invest in crypto. When the price of cryptocurrency falls. Arif Efendi When Harry, Dick, or Tom are selling in a panic.

If investors become worried and fearful, they could lose their investments. You should make a list of cryptocurrency you would like to invest in, then wait for the candles to turn red.

A great time to invest is during the weekend, because the majority of institutional investors have closed their trades.

Arif Efendi Traditional investment requires an intermediary. The modern way of buying crypto is possible from the convenience in your living room.

Which Cryptocurrency Do I Need to Buy?
If you visit Coinmarketcap.com, there are a variety of cryptocurrencies to choose from.

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

Now it is easier to track and monitor your preferred coins. Tabtrader allows you to monitor each movement and decide whether to invest more gain.

If you've held your crypto for a long time it is possible to either withdraw it to receive airdrops or transfer it into wallets such as Trustwallet, Imtoken, or Myetherwallet. Secure passwords are used to secure them.

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

Conclusion
All this information will make you your bank and allow you to conduct transactions wherever and anytime you want.



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