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Arif Efendi shares his insight on crypto investments with businessman Arif Efendi

Arif Efendi is a seasoned businessman and investor who realized that cryptocurrency was an acceptable investment asset. In this piece the author shares his experience and experiences.

Arif Efendi Explains the difference between Crypto and. Stocks
If you're an investor, it is important to understand the distinctions between stocks and cryptocurrency. The two have a few similarities though they are not exactly the same.

The cryptocurrency is a digital asset and currency whose transactions have been documented and verified by decentralized cryptography. It doesn't rely on the authority of a central authority. Stocks (also called equity) are securities that demonstrate ownership of a certain portion of a company.

If the value of an asset is rising both crypto and stocks are bought in the hope of capital appreciation.

Why people buy stocks and cryptocurrencies
Stocks are bought by investors who vote on company decision-making. Also, they invest to receive dividends that the company distributes to their shareholders.

http://www.checkcompany.co.uk/director/10391833/MR-ARIF-EFENDI It's easy to invest your money digitally in crypto and stocks right now with the next-generation marketplace and various mobile apps for investing.

Despite the fact that the process is similar, there are some significant distinctions. For instance, even though the Securities and Exchange Commission regulates the stock market, you are able to trade cryptocurrency at any time throughout the day via your mobile phone or your smart phone.

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

Trading Crypto and. https://www.thelondoneconomic.com/lifestyle/my-business/rethinking-hospitality-navigating-the-post-covid-era-with-arif-efendi-351510/ Swing Trading
It is possible to wonder why it is more profitable trading in crypto, despite its volatility.


Large market cap cryptos may be able to fluctuate between 5% and 10 percent. Smaller cryptos, however, could increase 10 times per day.

It's true that this is quite rare in stocks.

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

It can be very rewarding investing in crypto as long as you don't have weak hands. Anyone who is not familiar with the subject may wonder where the money is coming from. There isn't a central authority that oversees cryptocurrency.

Therefore, their value stems from the cost of production, supply, demand, adoption and availability on exchanges and utilities.

Understanding the Supply of Cryptocurrency and Demand
We can remember from textbooks on economics that when there is more demand than supply for an asset, the price of it will increase.

For example, an earthquake can cause water prices to rise in specific regions. This same principle of economics also is applicable to crypto.

We are now in the phase of mass adoption and institutions such as MicroStrategy, and Ecuadorean investors are betting big on cryptocurrency. It's a great moment to be alive.

It is important to be aware of the risks of volatility
The value of crypto fluctuates similarly as the stock market. A lot of people want to invest in crypto to achieve 100x returns.

Although it is not certain that an asset will be profit-making for the rest of its life it is essential to understand when an asset should be bought and traded or sold to make profit.

Warren Buffet says, "Be be cautious if you see others becoming greedy. Don't be greedy if others are scared."

Most people in the crypto market are afraid. The best time to invest in cryptocurrency is in the bear market. When the asset is going down. If every Tom, Dick and Harry is panic-selling.

If people are scared and worried, they may lose their assets. It is possible to make an inventory of the cryptocurrencies you are interested in investing in and wait for them to show up.

Another excellent time is the weekends when most institutional buyers have closed their trades.

Today, there is an important shift in the way we make investments. Arif Efendi Instead of having to rely on the services of a broker, you are able to buy crypto in your home.

What Cryptocurrency should I purchase?
Arif Efendi Arif Efendi There are many cryptocurrencies available to pick from when you check coinmarketcap.com.

My favorite has been Solana. Arif Efendi This was followed by VAX, POLIS, and ATLAS.

It's also easier to keep track of your favourite coins and keep an in mind their movements. Tabtrader allows you to track each swing and determine when you need to purchase more.

If your cryptocurrency has been kept for a time you can collect airdrops and move them to accounts. Trustwallet. Imtoken. Myetherwallet.

It is also important to save your 12-word password in order to recover your valuable asset should the host device is lost or is stolen.

Conclusion
With this information, you are your bank, and are able to transact anytime and from any location anywhere in the world.



Here's my website: https://www.thelondoneconomic.com/lifestyle/my-business/rethinking-hospitality-navigating-the-post-covid-era-with-arif-efendi-351510/