Arif Efendi shares his insights on Crypto Investment with a businessman

Arif Efendi, a successful businessman and investor has realized that cryptocurrency could be a legitimate investment tool. Here are his thoughts and lessons.

Arif Efendi explains the reason Crypto is different from stocks.
Investors like me need to know the difference between stock and cryptocurrency.  https://ventsmagazine.co.uk/arif-efendi-explains-how-crypto-is-used-in-the-football-industry/ Both stocks and cryptocurrency have many similarities but they are not the same.

Cryptocurrency, a digital asset which is used to keep track of transactions and to verify them, uses cryptography as an alternative to a central authority. Equity, also referred to as equity, are securities that symbolize ownership of a portion or company.

Arif Efendi Capital appreciation is the primary reason for people to invest in cryptocurrency and stocks. This is particularly true when the asset is rising in value.

Why do people buy cryptocurrency and stocks
In the case of stocks, investors purchase stocks to be able to vote and influence company decisions. Investors also buy stocks for dividends that the company makes to shareholders.

It's simple to invest in stocks and crypto today using the market of the future and other apps for mobile investments.

In contrast, the process might look similar, but there are still distinct variations. For instance, even though the Securities and Exchange Commission regulates the stock market, you are able to trade crypto at any time of the day from your smartphone or smart phone.

It is also possible to trade cryptocurrency with other trading pairs of crypto and fiats.

Trading Crypto vs. Swing Trading
It is possible to ask why trading crypto is more profitable in spite of volatility.

With a huge market capitalization, you can expect an increase of 5% to 10% in the crypto.  https://picryl.com/topics/bakkal+ahmed+arif+efendi But, smaller cryptos can reach 10x or more daily.

This is the truth.

For instance, if had invested $1000 in Solana 1st January 2021, at $1.837 the investment would be worth $182,000 at the current trading price of $182.

The investment in crypto can be profitable if you're not a weak hand.  Arif Efendi Anyone who is new to investing in cryptocurrency may be confused about where the money is coming from. There isn't a central authority that regulates cryptocurrency.

Their value is therefore determined by the cost of production and consumption, demand and supply acceptance, and availability on utility exchanges as well as utilities.

Understanding the Supply & Demand in Cryptocurrency
The economics textbook tells us that the cost of an asset can rise in the event that its demand increases more rapidly than its supply.

If there's an earthquake for instance, water prices will rise if demand is low. This same economic principle applies to cryptocurrency.

We are getting closer to the mass adoption stage and institutions such as MicroStrategy or a nation such as Ecuador are betting big about cryptocurrencies. It's a thrilling time to be alive.

Recognize the Volatility Risks
The worth of crypto goes up and down as does the stock market.  https://www.imdb.com/title/tt0254001/characters/nm0022342 Many people are eager to invest in crypto to make 100x profits.

It is not possible to determine whether an asset will continue earning money. However, it's crucial to understand when you should buy and sell an asset.

Warren Buffet stated, "Be cautious when you see others being greedy and be greedy whenever people are scared."

People in the crypto space tend to be scared. Bear markets are the most profitable time to invest in cryptocurrency.  Arif Efendi When the price of cryptocurrency falls. Panic-selling happens when there's none of Harry, Dick or Tom.

When people are fearful and worried, they might lose their holdings. Create a list of cryptos you'd like to invest in, and keep an eye out for candles to turn red.

An ideal time to invest is during the weekend, as the majority of institutional investors have shut their trades.

There is a massive shift happening right now from traditional investment strategies where you need to work with a broker. These are newer methods where you can easily buy crypto from the privacy of your own home.

Should I Buy a Cryptocurrency?
Check coinmarketcap.com to see the list of cryptocurrency that you can select from.

My first option has been Solana which is followed closely by AVAX and POLIS.

It's now simpler to track and monitor your most-loved currencies. Tabtrader allows you to monitor each movement and decide whether to invest more earn more.

If your cryptocurrency has been stored for a long time, it is possible to take airdrops and transfer the coins into accounts. Trustwallet. Imtoken.  Arif Efendi Myetherwallet.

It is important to keep your 12-word phrase in order to recover your asset in case the host device is lost or is stolen.

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