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Arif Efendi is an experienced investor and businessman who realised that cryptocurrency was an acceptable investment asset. Arif Efendi In this article, he shares his learnings and insights.

Arifefendi explains why Crypto differs from Stocks

Investors like me need to know the difference between stock and cryptocurrencies. Both stocks and cryptocurrency have many similarities, however they aren't identical.

A cryptocurrency is a digital currency , or an asset which can be verified and recorded by a decentralized system by means of cryptography . It replaces an authority that is centralized. Arif Efendi Equity, also referred to as equity, are securities that are a representation of ownership in a particular part or company.

Capital appreciation is the primary reason for people to invest in crypto and stocks. This is especially true when the asset is rising in value.

The reason people invest in shares and cryptocurrencies

Stocks can be purchased for voting or to influence the company's decision-making. Additionally, they invest in order to earn dividends which the company distributes among their shareholders.

It is quite easy to invest digitally in crypto and stocks right now through the new marketplace and various mobile apps for investing.

Although it appears similar to the way things are done however, there are some major distinctions. For instance, even though the Securities and Exchange Commission regulates the stock market, you are able to trade crypto anytime of the day from your smartphone or smart phone.

Trade crypto with fiats , or other crypto trading pairs.

Trading Crypto Vs. Arif Efendi Swing Trading

You might be wondering why it's more profitable to trade in crypto despite the volatility.

With a huge market capitalization that is a good indicator of a 5%-10% swing in crypto. But, smaller cryptos might be able to achieve 10x or higher daily.

This is a rare stock.

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

You don't have to be a poor investor to invest in crypto. An uninitiated person might wonder what the source of the money comes from. The regulation of cryptocurrency isn't performed by a central organization.

The cost of production, supply, and demand are the primary variables that determine their worth.

Understanding the Supply & Demand in cryptocurrency

The textbook of economics tells us that the cost of an asset will increase in the event that its demand increases more rapidly than its supply.

For instance when there is an earthquake that strikes a particular area, the price of water will rise if demand is static. The same economic concept applies to cryptocurrencies.

We are moving into the stage of mass adoption, and institutions like MicroStrategy, as well as Ecuadorean investors are betting big on cryptocurrency. It is an exciting time to be alive.

Recognize the Risks of Volatility

The cryptocurrency market is like market for stocks. Its value can fluctuate . Many people desire to become cryptocurrency-savvy and earn a 100x profit.

It is not possible to determine the future of an asset. operating profitably. But, it is important to know the best time to buy or sell an asset.

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

The crypto community's members are often afraid. Bear markets are among the best time to make investments in crypto. When the asset is going down. Panic-selling occurs when there is none of Harry, Dick or Tom.

Fearful people can lose their investment if concerned and nervous. Keep track of which cryptocurrencies are most appealing to you and watch for the red candle to light up.

Another option to buy is during weekends, as institutional investors shut their trading for the week.

Right now, we are experiencing a huge shift from the old ways of investing, in which you require a broker to a more modern method, where you can purchase crypto from the comfort of your room.

What Cryptocurrency Do I need to Buy?

If you go to 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 simpler than ever to track and monitor your favorite currency. Tabtrader is an application that lets you monitor every swing and see when it's time for you to earn or buy more.

If you keep your cryptocurrency for a long period of time You have the option to either collect airdrops or transfer them to wallets such as Trustwallet. Imtoken or Myetherwallet. Secure passwords are essential to safeguard the security of your crypto.

You should also keep your 12-word phrase in case your host device is stolen or lost.

Conclusion

With all of this information, you are your own bank and can transact at any time and wherever you are anywhere in the world.

Arif Efendi