Arif Efendi, a businessman and investor who has a lot of experience, saw crypto currencies as a viable investment opportunity. https://pastelink.net/hcvagoaw Here are his thoughts and lessons.Arif Efendi discusses how Crypto is different from stocks.Investors like me need to know the differences between stock, cryptocurrency, and other investment options. https://gunn-hagan.hubstack.net/arif-efendi-explains-the-use-of-cryptocurrency-in-the-football-industry-1694703840 The two have a few similarities though they are not the same.Cryptocurrency is an electronic currency that records transactions through a decentralized system that uses cryptography rather than an official central authority. Stocks (also known as equity) are securities that prove the ownership of a particular part of a business.When the cost of an asset is rising, both stocks and crypto are bought with the intention of capital appreciation.Why do people buy shares and cryptocurrenciesIndividuals purchase stocks to be able to vote on corporate decisions. Additionally, they invest in shares to receive dividends that the company distributes to their shareholders.It's simple to invest in stocks and crypto online right now with the next-generation market and other mobile apps for investing.It might appear to be identical, however there are important differences. For instance, while the Securities and Exchange Commission regulates securities, you are able to trade crypto any time of the day directly via your smartphone or other smart device.You are also able to trade crypto with other trading pairs of crypto or fiats.Trading Crypto vs. Swing TradingYou? might be wondering why trading cryptocurrency is so profitable despite its volatility.The largest market cap cryptocurrency could have a swing of between 5 and 10%. Smaller cryptocurrencies, however, can grow 10 times every day.The truth is that this is extremely rare in stock. https://ctxt.io/2/AABQGRpaEQ To illustrate, if you had earned $1000 from Solana's Solana stock on January 1, 2021, at $1.837 Your investment today would be valued at $182,000 based on the current prices for trading of $182.It's not necessary to be a bad investor in crypto investing. An uninitiated person might wonder what the source of the money comes from. There isn't a central authority that oversees cryptocurrency.Their value is determined by the cost of production as well as demand and supply the rate of adoption, as well as the availability of utility exchanges and utilities.Understanding Cryptocurrency Supply and DemandWe? know from the economics books that if there's greater demand than supply of an asset, its price will rise.If there's an earthquake in a place where water is available, the cost of the water will go up if the demand for the water is not. This same economic principle applies to cryptocurrency.We are in the mass adoption phase, and we are seeing institutional investors like MicroStrategy? as well as a country such as Ecuador betting hugely on cryptocurrency. It's a wonderful moment to live in the present.It's crucial to be aware of the Risks of VolatilityThe? price of cryptocurrency fluctuates similarly as the market for stocks. Many people would like to become crypto-savvy and make 100x profit.Although it is not certain that an investment will be profitable for a long time it is essential to know when an asset should be purchased and traded or sold to make profit.Warren Buffet said, "Be scared when you see others being greedy and greedy when other are afraid."Many people who work in the crypto space are concerned. Bear markets are the ideal period to buy cryptocurrency. If the price of the cryptocurrency is going down. Panic-selling occurs when there is no Harry, Dick or Tom. https://smart-dolphin-fzm7q7.mystrikingly.com/blog/businessman-arif-efendi-on-crypto-investment-190c074f-19ac-4bd4-97e1-fc1d322bb4fe Fearful people can lose their investment if concerned and nervous. Make your own list of cryptocurrencies that you are looking to invest in and then wait for them to come up.Another great time is on weekends, when the majority of institutional buyers are closing their trades.The traditional way of investing requires an intermediary. The modern way of buying crypto can be done from the comfort of your home.What Cryptocurrency Do I need to Buy?There are a variety of cryptocurrencies to select from if you visit coinmarketcap.com. https://diigo.com/0tux7h https://telegra.ph/Arif-Efendi-explains-the-use-of-crypto-in-the-football-world-09-14-2 My top pick was Solana. POLIS, AVAX and ATLAS were right behind.It's also easy to track your most loved coins and keep an the eye on them. With an app such as Tabtrader You can monitor every swing to know when to purchase more coins or to take profit.If you've been holding your cryptocurrency for a lengthy time, you can use it to collect airdrops or move the coins into wallets like Trustwallet, Imtoken or Myetherwallet and make sure you use secure passwords to safeguard them.It is also important to save your 12-word password in order to recover your investment in the event that your host device gets missing or stolen.ConclusionAll? of this information is your bank. You can make transactions at anytime, anyplace in the world, using all you have.


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Last-modified: 2023-09-15 (金) 01:38:41 (236d)