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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi, a seasoned investor and businessman recognized that cryptocurrencies have become an investment asset. Here are his observations and lessons.

Arif Efendi Explains the difference between Crypto vs. Stocks
A person like me who invests in stocks needs to know the differences between stock, cryptocurrency, and other investments. Stocks and cryptocurrency have some similarities though they are not identical.

Cryptocurrency refers to the concept of a digital currency that records transactions through a decentralized system using cryptography instead of a central authority. Arif Efendi Stocks (also called equity) are securities that demonstrate ownership of a certain portion of a business.

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

Why Do People Buy stocks and cryptocurrencies?
Stocks are also able to be bought to influence decisions of the company and vote. They also invest in shares to receive dividends that the company distributes to its shareholders.

It is quite easy to invest in digital stocks and crypto today through the new marketplace and numerous mobile investment apps.

The process may appear similar, but there are important differences. For instance, while the Securities and Exchange Commission regulates the stock market, you are able to trade cryptocurrency at any time throughout the day via your smart phone or smartphone.

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

Trading Crypto vs. Swing Trading
You may be wondering what the reason it's more profitable to trade cryptocurrency, regardless of volatility.

Arif Efendi It is possible to see an 5%-10% swing on crypto with the largest market cap while smaller cryptocurrencies can achieve 10x on a given day.

This is actually a very rare situation in stocks.

For example, if you had invested $1000 in Solana 1st January 2021, at $1.837 the investment would have been worth $182,000 right now at the price of trading of $182.

It can be extremely rewarding to invest in crypto as long as you're not a weak player. An unexperienced investor might be wondering where the money is coming from. Arif Efendi There is no central authority that regulates cryptocurrency.

Arif Efendi They therefore are worth the cost in terms of supply, demand , and production.

Understanding Demand and Supply in Cryptocurrency
According to the textbooks of economics, if the demand is greater than supply, the cost of the asset will increase.

If there is an earthquake at a particular place, the price of water will rise even if the demand remains static. The same economic concept applies to cryptocurrency.

We are now in the phase of mass adoption. Institutional investors like MicroStrategy are investing big in cryptocurrency. It's an exciting moment to be alive.

It is important to be aware of the risk of volatility
The value of cryptocurrency goes up and down as does the market for stocks. Many people would like to become crypto-savvy and make 100x profit.

It is impossible to predict how long an investment will last operating profitably. But, it is important to know the best time to buy and sell an asset.

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

http://autocela.lv/user/Arif.Efendihjbj048/ Many people who work in the cryptocurrency space are anxious. Bear markets are the best location to purchase cryptocurrency. If the currency is in decline. Panic-selling occurs when every Harry, Dick, and Tom is going down.

If people become anxious and scared, they could lose their investments. Make a list of the cryptocurrencies you want to invest and wait for candles to light red.

Another excellent time to buy is on weekends when most institutional investors have closed their trades for the week.

Right now, we are seeing a massive shift from traditional methods of investing, in which you require a broker, to a more modern method, where you can purchase cryptocurrency right from your room.

Which Cryptocurrency Should I Buy?
There are a myriad of cryptocurrencies if you visit coinmarketcap.com.

My most-loved pick has always been Solana (SOL), followed by AVAX, POLIS and ATLAS.

It's also easy to track your favorite coins and keep the eye on them. Arif Efendi Tabtrader makes it easy to monitor each movement, and when you should buy more.

If your cryptocurrency was held for a while, it is possible to collect airdrops and move them into accounts. Trustwallet. Imtoken. Myetherwallet.

Keep a copy of your 12-word phrase just in case your host device is lost or stolen.

Conclusion
With all of this information, you're now your own bank and can make transactions at any time and anywhere you find yourself anywhere in the world.


Here's my website: https://lhcathome.cern.ch/lhcathome/show_user.php?userid=957685