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Businessman Arif Efendi Shares Insights on Crypto Investment

Arif Efendi, a successful businessman and investor has realized that cryptocurrencies could be a legitimate investment tool. In this piece, he explains his experience and knowledge

Arif Elfendi explains the differences between stocks and crypto
Understanding the distinction between stock and cryptocurrency is essential if you're an investor, like me. https://www.alamy.com/stock-photo-hilye-bakkal-ahmed-arif-efendi-139964997.html Both stocks and cryptocurrency have many similarities, but they aren't exactly the same.

The cryptocurrency is a digital asset and currency whose transactions have been recorded and verified via a decentralized cryptography. It does not rely on an authority central to it. In contrast, stocks, also called equity are securities that represent the ownership of a portion of a firm.

Capital appreciation is the primary motive for investors to buy crypto and stocks. This is especially the case when the asset is rising in price.

Why Do People Purchase stocks and other cryptocurrencies?
Arif Efendi Stocks can be purchased to vote or influence the company's decision-making. Stockholders can also invest in stocks to earn dividends from the company.

It's simple to invest digitally in stocks and crypto using the latest generation marketplace and various mobile investment apps.

It might appear to be identical, however there are significant differences. It is possible to trade cryptocurrency at any time of the day regardless of whether you are regulated by the Securities and Exchange Commission regulates the crypto stocks.

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

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

With a substantial market capitalization, you can expect an increase of 5% to 10% in crypto. But, smaller cryptos might be able to achieve 10x or higher every day.

This is a very scarce item.

For example, if you had made $1000 in Solana's Solana stock on January 1, 2021 for $1.837 the investment would now be worth $182,000 at current trading prices of $182.

There is no need to be a poor investor in investing in crypto. An unexperienced investor might be wondering where the money is coming from. The regulation of cryptocurrency isn't controlled by a central authority.

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

Understanding Cryptocurrency Supply and Demand
From our economics textbook, we know that if demand for an asset goes up faster than the supply, the cost of the asset will increase.

If there's an earthquake at a particular place, the price of water will rise , even in the event that demand stays the same. This same economic principle applies to cryptocurrencies.

We are in the mass adoption phase, and we're seeing institutions investors such as MicroStrategy as well as a country such as Ecuador betting big on cryptocurrencies. It is an exciting time to be alive.

It's Important to Recognize the potential risks associated with volatility
The market for cryptocurrency is like stock market. Its value can fluctuate . Many are keen to invest in crypto to earn 100x profit.

Arif Efendi Although it is unlikely the asset will earn a profit however, there are instances when it's worthwhile to invest in an asset and then sell it or make a profits.

Warren Buffet said, "Be afraid when others are too greedy, and greedy when you are afraid."

Arif Efendi People in the crypto space are usually scared. The bear market is the most favorable moment to buy cryptocurrency. If the price of the cryptocurrency is going down. If Harry, Dick, or Tom are panic-selling.

The people who are anxious and scared could lose their wealth. Keep track of which cryptocurrencies appeal to you the most and wait for the candle in red to go out.

A great investment time is during the weekend, because the majority of institutional investors have shut their positions.

There is a major shift happening right now from traditional investment strategies that require you to collaborate with a broker. These are contemporary ones that let you easily purchase crypto from the privacy of your own home.

What Cryptocurrency Should You Buy?
There are a myriad of cryptocurrency options when you go to coinmarketcap.com.

My top choice has always been Solana which is closely followed by AVAX and POLIS.


Now it is easier to track and monitor your most loved coins. Tabtrader lets you monitor every step so that you are able to determine when you should take a profits or invest in more.

If you hold your crypto for a lengthy period of time then you can choose to either collect airdrops or transfer them into wallets like Trustwallet. Imtoken or Myetherwallet. Use secure passwords in order to protect them.

Keep your 12-word phrase handy to ensure you are able to retrieve your asset in the scenario of the host device being lost or taken.

Conclusion
With all of this information, you're now your bank, and are able to transact anytime and from any location in the world.



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