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Arif Efendi a successful businessman and investor, realized that cryptocurrency could be an investment tool. In this piece, he explains his experiences and tipsArif Elfendi explains differences between stocks and cryptoIt is essential to know the difference between cryptocurrencies and stocks for those who are, like me an investor. While there are some commonalities between cryptocurrencies and stocks but they're quite different. The cryptocurrency is an asset that is digital and currency whose transactions have been recorded and verified via a decentralized cryptography. It doesn't rely on the authority of a central authority. Equity, also referred to as stock are securities that are ownership of a portion of a company.Capital appreciation is the primary reason why people buy crypto and stocks. This is especially true when the asset holds rises in price.Why Do People Buy stocks and other cryptocurrencies?Stocks are bought by people to vote for company decision-making. https://keller-simonsen.mdwrite.net/arif-efendi-explains-cryptos-use-in-the-football-sector-1694710890 They may also invest in stocks to earn dividends from the company.It's quite simple to invest your money digitally in stocks and crypto currently using the next-generation marketplace as well as various mobile apps for investing.However, the process might look similar however, there are some notable distinctions. For example, while the Securities and Exchange Commission regulates stocks, you can trade crypto any day of the week via your smartphone or other smart device.You can also trade crypto using crypto trading pairs, fiats or crypto.Trading Crypto is different from. Swing TradingNow? you may wonder why it is more profitable to trade in crypto regardless of the volatility.You can see a 5% to 10% swing on crypto with the largest market cap even smaller cryptos can reach 10x per day.It's the truth.In this case, for example If $1000 had been put into Solana on January 1, 2021, for $1.837 the investment would have been worth $182,000 now at $182.If you're not a weak person, crypto investment can be very lucrative. Anyone who is not familiar with the subject may wonder what the source of the money comes from. https://click4r.com/posts/g/11910290/ There isn't a central authority to regulate cryptocurrency.Thus, their value comes from the costs of production, supply, demand, adoption, and availability on exchanges and utility.Understanding the Supply of Cryptocurrency and DemandFrom? our economics textbook, we know that if demand for an asset goes higher than supply, the price of that asset will increase.If there's an earthquake in an area that is affected by water, the price of water will increase if there is a demand for it is not. This economic principle also is applicable to crypto.We are getting closer to the mass adoption phase. This is when we witness institutional investors like MicroStrategy? as well as nations such as Ecuador making big bets on cryptocurrency. What a great moment to be alive!Recognize the Volatility RisksJust? like the stock market The value of cryptocurrency changes. Many want to join crypto and earn a 100x profit. https://arif-efendiknsu783.bloggersdelight.dk/2023/09/14/arif-efendi-explains-what-the-relationship-is-between-blockchain-and-cryptocurrency/ While there isn't any absolute guarantee that an asset will be profitable for a long time, it is always important to know when to buy an asset, and then sell it to take profit. https://www.sagesuede.com/subscriber/arif-efendijlba828/activity/13111/ Warren Buffet says, "Be fearful if others become greedy. Be greedy if others are scared."Most people in crypto are worried. A bear market is the ideal time to invest in crypto. When the price of cryptocurrency is dropping. Panic-selling occurs when every Harry, Dick, and Tom is going down.Fearful people can lose their investments if they are worried and anxious. It is possible to make a list with cryptocurrencies you're interested in investing in and then wait for them to appear.Another great time is on the weekends when most institutional buyers are closing their trades.There is a massive shift happening right now from traditional investment methods that require you to collaborate with a broker. These are modern ones where you can buy crypto in the comfort of your own home.Should I Buy a Cryptocurrency?If you go to Coinmarketcap.com, there are numerous cryptocurrencies on offer.My favorite always has been Solana (SOL) which is followed by AVAX, POLIS and ATLAS.It's now even easier to keep track of your most-loved currencies. https://klitgaard-harrell.blogbright.net/arif-efendi-explains-how-crypto-is-used-in-the-world-of-football-1694711677 Tabtrader makes it simple to track each swing and also when it is time to purchase more. https://bernstein-mcknight-3.thoughtlanes.net/rethinking-hospitality-navigating-the-post-covid-era-with-arif-efendi-1694711420 https://canvas.instructure.com/eportfolios/2388424/Home/ARIF_EFENDI_DISCUSSES_Why_CRYPTO_Investments_are_Leading_The_Market_ If you've been holding your cryptocurrency for a long time, you may be able to take it and collect airdrops or transfer them to wallets like Trustwallet, Imtoken or Myetherwallet and use secure passwords to safeguard the coins. https://skovsgaard-mann-2.technetbloggers.de/arif-efendi-shares-his-insights-on-crypto-investment-with-a-businessman-1694711062 Additionally, it is essential to save your 12-word phrase for future reference in case your host device gets lost or stolen.ConclusionAll? this information makes you your bank and allow you to make transactions anywhere and whenever you'd like.