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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi a successful businessman and investor, realized that cryptocurrencies could be a legitimate investment tool. Here are his insights and lessons.

Arifefendi explains why Crypto is different from Stocks
Understanding the difference between stock and cryptocurrency is essential if you're an investor like me. Cryptocurrencies and stocks share some similarities, even though they're not the same.

http://wownsk-portal.ru/user/Arif.Efendiousu134/ Cryptocurrency refers to the concept of a digital currency which is backed through a decentralized system employing cryptography rather than an official central authority. On the other hand stock, also known as equity, are securities that depict the ownership of a portion of a firm.

If the value of an asset increases the crypto and stocks are bought with the intention of capital appreciation.

Why People Buy Stocks and Cryptocurrencies
In the case of stocks, investors purchase stocks to vote and influence the company's decisions. Investors also purchase stocks to receive the dividend payments that the company gives to shareholders.

It's quite simple to invest your money digitally in stocks and crypto right now with the next-generation marketplace and various mobile apps for investing.

However, the process might look similar, but there are still certain variations. Arif Efendi For example, although the Securities and Exchange Commission regulates stock, you can trade cryptocurrency at any time throughout the day via your smartphone or smart phone.

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

Trading Crypto and. Swing Trading
You might be asking yourself what the reason it's more profitable for you to trade crypto, despite volatility.

Arif Efendi It is possible to see an 5%-10% swing on crypto with an enormous market cap even smaller cryptos can reach 10x per day.

The truth is that this is a rare item in the market.

If you had invested $1000 in Solana at $1.837 1st January 2021 Your stake would have been worth $182,000 at today's price of $182.

If you're not afraid, crypto investment can be very profitable. An uninitiated person might wonder what the source of the money comes from. The regulation of cryptocurrency is not performed by a central organization.

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

http://sitamge.ru/index.php?subaction=userinfo&user=Arif-Efendibzdu149 Understanding the Supply and Demand of Cryptocurrency
We can remember from economics textbook that if there is more demand than supply for an asset the price of it will increase.

If there's an earthquake, as in, water prices will rise in the event of a shortage. This same principle of economics also is applicable to crypto.

We are getting closer to the mass adoption stage and investors from institutions like MicroStrategy or even a country like Ecuador are placing huge bets on crypto. It's a thrilling moment in the world of cryptocurrency.

Arif Efendi Recognize Volatility Risks
Like the stock exchange, cryptocurrency's value changes. Arif Efendi A lot of people want to invest in cryptocurrency and earn 100x profit.

http://forum.ressourcerie.fr/index.php?qa=user&qa_1=arif-efendihhyt542 Although it is not certain that an investment will be profit-making for the rest of its life It is crucial to be aware of when assets should be purchased and sold or taken profit.

Warren Buffet stated, "Be be cautious when other people are greedy, and you should be greedy when others are afraid."

A lot of people working in the cryptocurrency space are worried. A bear market is the ideal moment to buy cryptocurrency. When the asset is going down. Panic-selling occurs when every Harry, Dick, and Tom is going down.

If people are scared and worried, they may lose their holdings. Have a list of cryptocurrencies you'd like to invest in and wait for the red candles to appear.

A weekend is an excellent time to buy, as the majority of institutional investors will be closing their trades for the week.

There is a massive shift happening right now from traditional investment methods where you need to work with a broker. These are modern ones where you can buy crypto in the privacy of your home.

Which Cryptocurrency Do I Need to Purchase?
There are many cryptocurrencies available to choose from if you visit coinmarketcap.com.

My favorite option has been Solana which is followed closely by AVAX and POLIS.

It is now simpler to track and monitor your favorite coins. With an app like Tabtrader You can monitor each swing and know when to buy more or take profits.

If your cryptocurrency was stored for a long time, it is possible to get airdrops, and then transfer them into accounts. Trustwallet. Imtoken. Myetherwallet.

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

Conclusion
All these details make you your bank. You are able to transact at any time, anywhere in the world, with everything you own.


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