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Arif Efendi shares his insight on Crypto Investments together with businessman Arif Efendi

Arif Efendi a successful businessman and investor, realized that cryptocurrencies could be an investment tool. In this article Efendi shares his experiences and thoughts.

Arif Elfendi explains the distinctions between crypto and stocks.
Investors like me must know the difference between stock and cryptocurrency. Both stocks and cryptocurrency have many similarities, but they aren't identical.

Cryptocurrency is an electronic currency which is backed by a decentralized system using cryptography instead of an official central authority. In contrast stock, also known as equity, are securities that depict ownership of a part of a firm.

People buy both stocks and crypto with capital appreciation in mind in particular when the currency held rises in prices.

Why do people purchase shares and cryptocurrencies?
Arif Efendi http://www.checkcompany.co.uk/director/10391833/MR-ARIF-EFENDI Stocks are also able to be bought to influence decisions of the company and votes. They also invest in stocks for dividend payments that the company distributes to its shareholders.

It's easy to invest online in stocks and crypto using the latest technology marketplace as well as a myriad of mobile investment apps.

However, the process might look similar however, there are some notable differences. It is possible to trade cryptocurrency at any time of the day, regardless of whether the Securities and Exchange Commission regulates the crypto stocks.

It is also possible to trade cryptocurrency with other crypto trading pairs as well as fiats.

Trading Crypto Vs. Swing Trading
It is possible to wonder why it is more profitable trading cryptocurrency, despite the high volatility.

Cryptos with huge market cap can swing 5% to 10%, while smaller cryptos could reach 10x within a day.

This is a unusual situation in the stock market.

In this case, for example, if $1000 had been put into Solana 1st January 2021 at $1.837 The investment would have been valued at $182,000 today at $182.

If you're not a weak person, crypto investment can be very profitable. Some novices might wonder where the money originates. There isn't a central authority to regulate cryptocurrency.

Their value is determined by the cost of production, supply and demand, the rate of adoption, as well as the availability on exchanges for utilities and in utilities.

Understanding the Supply of Cryptocurrency and Demand
From our economics textbook, we are able to recall that if the demand for an asset rises up faster than the supply, the cost of that asset will increase.

If there is an earthquake, for example the price of water will increase in the event of a shortage. This same economic principle is applicable to cryptocurrency.

Arif Efendi We are now in the stage of mass adoption, and companies such as MicroStrategy, as well as Ecuadorean investors are betting big on cryptocurrency. Arif Efendi What a great moment to be alive!

Arif Efendi It's crucial to be aware of the potential risks associated with volatility
Similar to the stock market the value of cryptocurrency fluctuates. Many people want to be adept with crypto and make a hundred times profit.


There's no guarantee that an asset's profit margin will be constant, however it is important to know when to sell an asset or earn an income.

Warren Buffet says, "Be be cautious if you see others becoming greedy. Be greedy when others are scared."

The majority of people who invest in cryptocurrency are scared. Bear markets are the most favorable times to invest in crypto. If the currency is in decline. Arif Efendi Panic-selling occurs when every Harry, Dick, and Tom is going down.

If investors feel nervous or scared, they might lose their assets. Arif Efendi You should make a list of cryptocurrency you would like to invest in, and then watch for the candles to turn red.

Arif Efendi A great investment time is during the weekend, as the majority of institutional investors have shut their trading.

Traditional investment requires a broker. Modern crypto buying is possible from the convenience of your living room.

Which Cryptocurrency Do I need to Purchase?
If you visit Coinmarketcap.com, there are many cryptocurrencies available.

My personal favorite was Solana. It was followed by VAX, POLIS, and ATLAS.

Now it is easier to monitor and track your preferred coins. Tabtrader makes it simple to keep track of each move and also when it is time to buy more.

Arif Efendi If you've held onto your cryptocurrency for some time it's possible to take it and get airdrops. It is also possible to transfer the coins into wallets like Trustwallet or Imtoken and set up secure passwords to keep them safe.

It is also important to save your 12-word phrases to refer to in the event that your host device gets stolen or lost.

Conclusion
Your bank has all this information. You can transact anywhere in the world anytime.



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