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The stock market witnessed an massive drop in the value of stocks as well as other risk assets in the early months of 2022. Arif Eidi claims this was caused by the rise in inflation, concerns about an increase of interest rates, and tensions between Russia-Ukraine. An unstable economy means investors have to diversify their portfolios. This is where crypto investment comes into the picture.Is Cryptocurrency a Currency or an Investment?Cryptocurrency is a virtual or digital currency that is stored in a digital wallet. Arif Efendi is of the opinion that this allows payments to be made around the world, without the need for transport and change cash.The transactions made with cryptocurrencies are protected through a method known as cryptography. This makes it impossible for people to double-spend, or even create a counterfeit according to Arif Efendi.One of the striking characteristics of digital currency is that it does not have a central issuer. It is therefore free from government interference. It is possible to purchase or mine currency through an exchange.Ripple is among the most well-known cryptocurrencies. Each cryptocurrency has distinct benefits.Beyond its role as a currency for transactions It also serves as an investment option. Digital coins are well-liked by those who want to make profits. An investor may buy digital coins and then hold them for a longer or shorter period. Then, they sell at a time when prices increase. https://www.imuty.com/members/arif-efendicwoj874/activity/196349/ Though some countries have restrictions on the use of cryptocurrency, El Salvador became the first nation to accept Bitcoin as a legal tendency. https://click4r.com/posts/g/11909012/ Arif Efendi on Printed Currencies versus CryptocurrenciesFiat? currencies or printed currency facilitate payments. https://keller-simonsen.mdwrite.net/arif-efendi-explains-why-crypto-investments-are-leading-the-market-1694703709 However, they aren't one and the same. Arif Efendi has a look at the differences between them.RegulationThe? central bank oversees fiat currencies because they are issued by the government. They are legal to use as tender. They are subject to the policies of government in the future.The digital assets that are not centralized, are called cryptocurrencies. https://diigo.com/0tux8a Because they are decentralized digital assets, they are able to be used without the approval of the government. Certain countries oppose crypto due to the fear the possibility of using it to conceal money and for other illegal activities.Form of exchangeFiat currency can be converted into electronic or physical form, but cryptocurrency is only available in digital form. Because the currency is encased in a series of codes, that's the reason it's only possible to trade digital currency.Storage MethodFiat? currency can be kept in banks or safes at home. The cryptocurrency can be kept in digital wallets. Fiat wallets are also able to convert government issued currency into digital assets.Advantages of Cryptocurrencies over Printed CurrenciesThe? advantages of cryptocurrency over currency printed. Arif Elfendi said that these benefits include these:Decentralized SystemCrypto? is an uncentralized platform. Therefore, nobody is in control of its value or circulate. Since banks track transactions, each transaction is also documented in a ledger. However, it does not reveal personal information. https://rentry.co/9ytuf This stops the risk of data breaches and fraud. https://ide.geeksforgeeks.org/tryit.php/fdad5e99-d566-48c7-ae0c-433bcc4f3621 Can be used as a hedgeDigital assets such as Bitcoin are a great option as a hedge against inflation. In times of inflation, more money will be circulated, but items that are scarce will cost more.Bitcoin is intended to be scarce, regardless of economic events. Therefore, thousands of dollars can be used to purchase a few coins. There is also a good chance that coins will rise in value.Payments across BordersBy? using cryptocurrency, you are able to send money to individuals in other countries within split seconds. The transaction fees are minimal and the process is simple.It could take several weeks or even days for the printed currency to be delivered to the person who needs it. http://q-steam.com/members/arif-efendiprns700/activity/9286/ Transaction charges are also high. Certain transactions may be denied due to tensions between countries, regulations or sanctions.Cryptocurrencies can be dangerousArif Efendi reviews the risks of using cryptocurrency.Extreme VolatilityThe? risk of investing in cryptocurrency is extremely high. Within a short period of time, you can accumulate significant fortune, only to lose it all.Be sure to avoid delays in earning profits from investmentsInvestors of older age and advertisers think that novice investors can make high-quality returns in a matter of hours. https://top4art.com/members/arif-efendiwjpj961/activity/792510/ In reality, you will not see the same returns from your investments until an extended period of steady trading and proper risk management. https://ctxt.io/2/AABQhnVsEw Account trackingWhile transactions in cryptocurrency can be encrypted with codes, the digital trail are left behind. The FBI is able to track the accounts of common citizens and crack the code.ConclusionArif? Efendi discusses cryptocurrency as a digital asset you can use to safeguard transactions. It is also possible to consider investing in cryptocurrency to diversify you portfolio. This article discusses the differences between cryptocurrencies and printed currencies. The article also discussed the advantages of crypto currency over paper money.Arif Efendi reminds investors that cryptocurrency could be a risk similar to other investments. He advises investors to speak with an expert prior to investing.