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Arif Efendi shares his insight on crypto investments together with businessman Arif Efendi

Arif Efendi, a successful entrepreneur and investor realized that cryptocurrency could be an investment tool. In this piece, he explains his experiences and tips

Arif Efendi Explains the difference between Crypto and. Stocks
If you're an investor, it is important to understand the differences between stock and cryptocurrency. Although there are some commonalities between cryptocurrency and stocks however, they're very distinct.

Cryptocurrency can be described as a digital asset or currency whose transactions are recorded and verified through a decentralized system using cryptography instead of a central authority. Stocks, also referred to as securities or equity, signify ownership of a particular portion of a business.

With capital appreciation in mind when buying crypto or stocks, and especially when prices rise, people tend to buy them both.

Why do people buy stocks and cryptocurrencies
For stocks, people buy stocks to be able to vote and influence company decisions. They may also invest in stocks to earn dividends from the company.

It's easy today to invest in shares and crypto using the next-generation marketplace.

While the process may seem similar but there are significant distinctions. Cryptocurrency trading can be done at any hour of the day, regardless of whether you are regulated by the Securities and Exchange Commission regulates the stocks.

You can also trade cryptocurrency in conjunction with other trading pairs of crypto and fiats.

Trading Crypto is different from. Swing Trading
You might be asking why it is more profitable for you to trade cryptocurrency, regardless of the risk of volatility.

Market caps for crypto with large size can fluctuate from 5% to 10%, while smaller cryptos can go up to 10x in a single day.

Arif Efendi This is a rare stock.

If you had $1000 invested 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 a skilled hand, crypto investment can be very rewarding. https://www.imdb.com/title/tt0254001/characters/nm0022342 A noob may ask what the source of the money comes from. Regulation of cryptocurrency is not done by a central institution.

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

Understanding the Supply & Demand in cryptocurrency
From our textbook on economics, we are able to recall that if demand for an asset goes higher than supply, the price of that asset will go up.

In the event of an earthquake for instance, water prices will rise in the event of a shortage. The same economic principle is applicable to cryptocurrency.

https://expresstimes.co.uk/medical-marijuana-arif-efendi-takes-us-beyond-the-stigma/ We are getting closer to the mass adoption stage and institutions such as MicroStrategy or even a country such as Ecuador are placing huge bets on cryptocurrency. This is an exciting time to live!

Recognize the Risks of Volatility
The market for cryptocurrency is just like the stock market. Its value can fluctuate . Many investors want to earn 100x returns by investing in crypto.

Although there isn't a 100% assurance that an asset will continue to be profitable It is vital to be aware of when to purchase an asset and when to sell it or take profit.

Warren Buffet said, "Be scared when you see others being too greedy, and greedy when you are scared."

Many people in the cryptocurrency market are afraid. The best time to invest in cryptocurrency is during the bear market. When the asset goes down. Panic-selling occurs when every Harry, Dick, and Tom is going down.


Fearful people can lose their investments if they are worried and anxious. Make a list with cryptocurrencies you're looking to invest in, and wait for them to come up.

Another great time to buy is during weekends, as the majority of institutional investors are closing their trades for the week.

There is a huge shift taking place in the present from traditional investment methods which require you to work with a broker. These are modern ones where you can easily buy crypto from the privacy of your own home.

What Cryptocurrency Should You Purchase?
You can pick from a variety of cryptocurrencies if you visit coinmarketcap.com.

My top pick was Solana. POLIS followed by AVAX and ATLAS.

Now , it's simpler to track and monitor your favorite coins. Tabtrader lets you track every swing so that you can decide when to profits or invest in more.

If you've been holding onto your cryptocurrency for some time it's possible to take it and get airdrops. Arif Efendi You can also move your coins to wallets like Trustwallet or Imtoken and create secure passwords to protect them.

Your 12-word phrase should also be kept in order to restore your investment in the unlikely event your host device goes missing or taken.

Conclusion
All of this information is your bank. You can transact anytime, anyplace in the world, using everything you own.



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