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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi is an experienced investor and businessman who realized that cryptocurrency was a legitimate investment option. In this piece, he explains his experience and knowledge

Arifefendi explains why Crypto is different from stocks
If you're an investor it's crucial to comprehend the distinctions between stocks and cryptocurrency. The two have a lot of similarities, however they aren't the same.

Cryptocurrency is a digital asset or currency that is recorded and verified by an uncentralized system via cryptography instead of a central authority. http://www.ispir.gov.tr/kadizade-mehmed-arif-efendi Stocks (also called equity) are securities that demonstrate ownership of a certain portion of a company.

With the idea of capital appreciation in mind when purchasing crypto or stocks, and especially when the asset's price rises individuals tend to purchase them both.

Arif Efendi The reason people invest in shares and cryptocurrencies
Stocks can also be purchased to influence the company's decisions and vote. They also invest to receive dividends, which the company distributes to its shareholders.


It is very simple to invest your money digitally into stocks with the latest generation platform and other mobile investment applications.

Although the procedure may appear identical, there are still significant distinctions. You can trade cryptocurrency anytime you want, even though the Securities and Exchange Commission regulates stocks.

You can also trade with fiats and crypto trading pairs.

Trading Crypto is different from. Swing Trading
You may be wondering why trading in crypto is more profitable, despite the its volatility.

It is possible to see the 5% to 10 percent swing in cryptos with a large market cap, even smaller cryptos can reach 10x on a given day.

This is the truth.

If you invested $1000 in Solana at $1.837 on January 1, 2021 Your investment would be worth $182,000 at the current price of $182.

https://www.on-magazine.co.uk/business/finance/arif-efendi-interview-crypto/ The investment in crypto can be rewarding , if you're not in a position of weakness. Uninitiated investors might be interested in knowing where the money is coming. It's not possible to regulate cryptocurrency via an authoritative central authority.

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

Understanding Supply and Demand in Cryptocurrency
The textbook on economics explains that the cost of an asset will rise in the event that its demand increases more quickly than the supply.

For instance, if there is an earthquake in a location where water is needed, the cost will rise even if the demand for water is not changing. This same economic principle applies to cryptocurrency.

We are currently in the phase of mass adoption. Institutional investors such as MicroStrategy are investing big in cryptocurrency. This is a great moment to live in.

It is important to recognize the risks of volatility
The value of crypto currency fluctuates as does the market for stocks. Many are keen to invest in cryptocurrency and earn 100x profit.

It is not possible to determine the future of an asset. being profitable. But, it is important to know when you should buy or sell an asset.

Warren Buffet once said, "Be be wary of other people being greedy, and be greedy when others are scared."

Many people in the cryptocurrency sector are scared. The best time to buy cryptocurrency is during the bear market. When the asset goes down. When every Tom, Dick and Harry is selling in a panic.

If investors are anxious and anxious, they could lose their holdings. Arif Efendi Arif Efendi Arif Efendi It is possible to make a list with cryptocurrencies you are interested in investing in and then wait for them to show up.

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

Today, there is significant change in the way we invest. Instead of having to rely on an intermediary, you can now buy crypto directly in your home.

Should I Buy an Cryptocurrency?
Go to coinmarketcap.com to see the list of cryptocurrency you can choose from.

My most-loved pick has always been Solana (SOL) which is followed by AVAX, POLIS and ATLAS.

It's also easy to track your favourite coins and keep an an eye on them. Tabtrader makes it easy to track each swing and determine when you need to purchase more.

If you've been holding your crypto for a long time, you can either take the cryptocurrency and get airdrops or transfer them to wallets like Trustwallet, Imtoken, or Myetherwallet. https://steamcommunity.com/id/smtdzgn Secure passwords can be used to safeguard their users.

Your 12-word phrase should also be kept to ensure that you can restore your asset in the unlikely event your host device goes missing or stolen.

Conclusion
You are your bank with all this information. Make transactions wherever you are anywhere in the world anytime.



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