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Arif Efendi, a Businessman, shares insights about Crypto Investment

Arif Efendi, an experienced investor, businessman and entrepreneur, realized that cryptocurrencies have become an investment option. In this article Efendi shares his experiences and thoughts.

Arif Efendi Explains the difference between Crypto and. Stocks
If you're an investor it's important to know the distinctions between stocks and cryptocurrency. Cryptocurrencies and stocks share some similarities though they are not the same.

The cryptocurrency is a digital asset and currency whose transactions have been recorded and verified via a decentralized cryptography. It does not have the authority of a central authority. Equity, also referred to as stock, are securities that represent the ownership of a part of a company.

Stocks and crypto with the intention of capital appreciation particularly when the asset that is being held increases in price.

Why People Buy stocks and cryptocurrencies
Stocks are bought by people to be able to vote on corporate decisions. Investors can also buy stocks to collect dividends from companies.

Arif Efendi It's simple today to invest in stocks and crypto using the new-generation market.

It may seem like the same but there are some important distinctions. It is possible to trade cryptocurrency at any time of the day regardless of whether the Securities and Exchange Commission regulates the stocks.

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

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

Crypto with large market caps can swing 5% to 10%, while smaller cryptos could reach 10x within a day.

This is actually a very unusual situation in the stock market.

You can see an example: If you had invested $1000 on Solana the stock, it would be worth $182,000 today at the trading price of $182.

If you're a skilled hand, crypto investment is a great way to earn money. A noob may ask what the source of the money comes from. There is no central authority that regulates cryptocurrency.

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

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

If there's an earthquake in a specific place, the price of water will rise even when the demand is not changing. The same economic principle is applicable to cryptocurrencies.

We are in the mass adoption phase and organizations like MicroStrategy and MicroStrategy, as well as Ecuadorean investors are betting big on cryptocurrency. This is a great moment to be alive.

It's Important to Recognize the risks of volatility
The worth of crypto goes up and down similar to the stock market. Many investors want to earn 100x profit by investing in crypto.

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

https://www.walmart.com/ip/Kecegizade-Mehmed-Arif-Efendi-Diwan-1854-Leather-Bound/3439516519 Warren Buffet says, "Be fearful if others become greedy. Be greedy when others are scared."

The majority of people working in the cryptocurrency market are afraid. A bear market is the most favorable moment to buy cryptocurrency. If the asset is falling. When Harry, Dick, or Tom are selling in a panic.

People who are anxious can risk losing their investments if they are nervous and worried. Make a list of the cryptocurrencies that you want to invest in and then watch for the red candles.

Arif Efendi Another excellent time to buy is during the weekend when most institutional investors are closing their trading for the week.


There is a massive shift taking place in the present from traditional investment strategies where you need to work with a broker to modern ones where you can easily purchase crypto from the comfort of your own home.

What Cryptocurrency Should I Buy?
Check coinmarketcap.com to see a list of cryptocurrencies that you can pick from.

My personal favorite was Solana. https://usdailyreview.com/arif-efendi-unveiling-the-intricacies-of-fantasy-football/ This was followed by VAX, POLIS, and ATLAS.

It's also easier to track and monitor your favorite coins. With an app like Tabtrader you can track each swing and know when to buy more or take profits.

If you've been holding onto your cryptocurrency for a while, you may be able to use it and receive airdrops. You can also move your coins to wallets like Trustwallet or Imtoken and set up secure passwords to protect them.

Also, it is important to save your 12-word phrases to be able to refer to it in the future in case your host device gets stolen or lost.

Conclusion
With this information, your bank is now your bank. You can make transactions from anywhere in the globe anytime.



Homepage: https://www.adscientificindex.com/scientist/arif-efendi/4959594