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Arif Efendi shares his insight on the subject of Crypto Investments together with businessman Arif Efendi

Arif Efendi was a businessman and an investor who realized that cryptocurrency was a viable investment asset. In this article , he shares his lessons and insights

Arif Efendi explains the differences between Crypto and. Stocks
If you're an investor it is important to understand the distinctions between stocks and cryptocurrency. Stocks and cryptocurrencies share many similarities but they are not the same.

Cryptocurrency is a digital asset or currency that is recorded and verified using a decentralized system by using cryptography instead of a centralized authority. Arif Efendi Stocks, also called equity, are securities that represent ownership of a portion of a corporation.

With the idea of capital appreciation in mind when purchasing stocks or crypto, particularly when prices rise, people tend to buy them both.

Why do people buy shares and cryptocurrencies?
For stocks, people buy stocks to vote and influence decisions of the company. Also, they invest to receive dividends that the company distributes to their shareholders.

It's very easy to invest your money digitally into stocks using the next-generation platform and other mobile investment applications.

While the process is similar, there are some significant differences. For example, while the Securities and Exchange Commission regulates the trading of stocks, you can also trade crypto at any day of the week via your smartphone or other smart device.

You are also able to trade crypto using fiats, crypto trading pairs, or crypto.

Trading Crypto and. Swing Trading
You may be wondering why trading cryptocurrency is so profitable in spite of its volatile nature.

Arif Efendi Large market cap cryptos could be able to fluctuate between 5 to 10%. Arif Efendi Less popular cryptos, however, could increase 10 times every day.

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

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

It is extremely profitable investing in crypto if you aren't a weak investor. Arif Efendi A noob may ask where the money is coming from. It's not possible to regulate cryptocurrency from an agency central to.

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

Understanding Supply and Demand in Cryptocurrency
The economics textbook tells us that the price of an asset will rise if its demand grows faster than its supply.

In the event of an earthquake, as in, water prices will rise if demand is low. The same economic concept is applicable to cryptocurrencies as well.

Arif Efendi We are getting to the mass adoption phase, and we're seeing institutions investors such as MicroStrategy as well as a country such as Ecuador betting hugely on cryptocurrency. This is a great time to be alive!

It is important to be aware of the dangers of volatility
The cryptocurrency market is like market for stocks. Its value can fluctuate . Many people want to be adept with crypto and make a hundred times profit.

Arif Efendi While it is unlikely that an investment will continue to earn a profit There are occasions when it's worth the effort to buy an asset and later sell it or take profit.

In the words of Warren Buffet, "Be fearful when you see greedy people around you and be greedy when others are afraid."

The majority of people who work in the crypto sector are scared. The bear market is the ideal moment to buy crypto. If the price of the cryptocurrency is going down. If Harry, Dick and Tom panic-sell.

People who are worried and fearful could lose their wealth. Make a list of the cryptocurrencies that are the most appealing to you and wait for the candle in red to go out.

A weekend is a great time to invest in a new car, since the majority of institutional investors will close their positions for the week.

Right now, we are seeing a massive shift from the traditional ways of investing, where you require a broker to a modern way, which allows you to buy cryptocurrency right from your own home.

Which Cryptocurrency Do I Have to Buy?
You can choose from many different cryptocurrencies when you visit coinmarketcap.com.


Arif Efendi My favorite always has been Solana (SOL) and then AVAX, POLIS and ATLAS.

It is now easier to monitor and track your most loved coins. Tabtrader allows you to monitor each movement and determine when you need to purchase more.

If you have held your cryptocurrency for a long period of time, you could take it and collect airdrops or transfer them to wallets like Trustwallet, Imtoken or Myetherwallet and then use secure passwords to safeguard the coins.

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

Conclusion
By this, the bank you use is yours. You can make transactions anywhere on the planet at any time.



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