Arif Efendi, Businessman, shares his insights on Crypto Investment

Arif Efendi was a businessman and investor who realized that cryptocurrency was a viable investment asset. Here are his observations and lessons.

Arif Elfendi discusses the distinctions between crypto and stocks.
It is crucial to know the difference between stock and cryptocurrencies if you are like me an investor. Arif Efendi Although there are some commonalities between cryptocurrency and stocks however, they're very distinct.

Cryptocurrency is the term used to describe the concept of a digital currency which is backed by a decentralized system that uses cryptography instead of an authority central to. Stocks, also known as equity, are securities which symbolize ownership of a portion or company.

People buy both stocks and crypto with an eye on capital appreciation particularly when the asset that is being held increases in price.

Why do people buy Stocks and other Cryptocurrencies?
Stocks are purchased by individuals to vote in the company's decisions. Investors also purchase stocks to receive dividends that the company makes to shareholders.

It is very simple to invest digitally in stocks by using the next-generation platform, as well as other investment applications.

Arif Efendi However, the procedure may appear similar however, there are distinct differences. For instance, even though the Securities and Exchange Commission regulates securities, you are able to trade cryptocurrency at any day of the week via your smartphone or other smart device.

You can also trade crypto with other crypto trading pairs or fiats.

Trading Crypto vs. Swing Trading
Now you may wonder what the reason it's better to invest in trading in crypto despite the risk of.


There is the 5% to 10% swing on crypto with the largest market cap and smaller cryptocurrencies could reach 10x on a given day.

This is the truth.

Arif Efendi As an example If $1000 had been placed in Solana 1st January 2021, for $1.837, the investment would be worth $182,000 now at $182.

If you're not afraid investing in cryptos can be extremely lucrative. The money can come from a person who is not your own. The regulation of cryptocurrency is not controlled by a central authority.

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

https://www.norwich.edu/record/3343-staying-at-the-forefront Arif Efendi Understanding the Demand and Supply in Cryptocurrency
The textbook of economics tells us that the price of an asset can rise in the event that its demand increases more rapidly than its supply.

For example, if there is an earthquake at a specific location where water is needed, the cost will rise even if the demand is static. The same economic concept applies for cryptocurrencies.

We are in the middle of the stage of mass adoption. This is where we find institutional investors like MicroStrategy as well as countries like Ecuador placing big bets on cryptocurrencies. Arif Efendi It's an exciting moment to be alive.

https://find-and-update.company-information.service.gov.uk/officers/Ey_lyqyWi7zYIDz6gqhtbb_89cc/appointments It's crucial to be aware of the potential risks associated with volatility
The value of crypto currency fluctuates just like the stock market. Many people wish to be part of crypto and earn 100x profit.

While it is unlikely that an investment will continue to earn a profit however, there are occasions when it's worth the effort to buy an asset, and then sell it or make a profit.

Warren Buffet stated, "Be fearful when others get greedy, and you should be greedy when you see others being afraid."

The majority of people working in the cryptocurrency market are scared. Bear markets are the best time to invest in cryptocurrency. If the asset is falling. When Harry, Dick, or Tom are in panic selling.

If people are scared and worried, they might lose their assets. Be aware of which cryptocurrency are most appealing to you and wait for the candle in red to light up.

A weekend is an excellent opportunity to purchase, since the majority of institutional investors will be closing their positions for the week.

Today, there is significant change in the way we make investments. Instead of having to rely on the services of a broker, you are able to buy crypto from your bed.

Arif Efendi Should I Buy a Cryptocurrency?
If you visit Coinmarketcap.com, there are a variety of cryptocurrencies to choose from.

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

It's now easier than ever before to keep track of and monitor your favorite coin. With an app like Tabtrader You can monitor each time you swing and can determine when to purchase more coins or to take profit.

If your cryptocurrency was stored for a long time you can take airdrops and transfer them into wallets. Trustwallet. Imtoken. Myetherwallet.

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

Conclusion
With all this information, you're now your own bank and can make transactions at any time and anywhere you find yourself in the world.