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The stock market was hit by a massive selling of stocks and other risky assets in the first months of 2022. Arif Eidi claims this was due to rising inflation, concerns about an rise in interest rates as well as tension between Russia-Ukraine. Investors must diversify their portfolios amid an uncertain economic environment. This is why crypto investments are so important.Is Cryptocurrency an Investment or a Currency?Cryptocurrency is a virtual or digital currency that is stored in a digital wallet. Arif Efendi believes that it will make it easier to pay all over the world without the need to carry and change physical cash.Transactions using cryptocurrencies are secured with a method referred to as cryptography. According to Arif Efendi the researcher, this technique means that it is impossible for people to make double-spends and create a counterfeit.This digital currency comes with an unique characteristic: it is not issued centrally. The currency is not subject to government interference. You can earn the currency, and buy through an exchange, broker or any other intermediary.Ripple, Ethereum and Litecoin are all popular cryptocurrencies. Each coin is distinctive.Beyond its role as a currency for transactions, cryptocurrency serves as an investment tool. A lot of people are interested in it and can trade digital coins to make profits. https://telegra.ph/Businessman-Arif-Efendi-on-Crypto-Investment-09-14-22 Investors invest in and hold the coins for a brief or long period, then sell off in the event of a price rise. Although some countries ban the use of crypto, El Salvador was the first to recognize Bitcoin as a legal trend. https://www.meetingwithpia.org/members/arif-efendigjbf677/activity/1102438/ Arif Efendi on Printed Currencies versus CryptocurrenciesFiat? currencies, also known as printed currency allow for transactions. However, they aren't identical. Arif Efendi will explain the differences below.RegulationBecause? fiat currencies are issued by government The central bank is responsible for the issue. They are considered to be legal tender. They are subject to the policies of government in the future.Cryptocurrencies are decentralized digital assets. This means that they are not subject to the control of government. The use of cryptocurrency is not endorsed by some countries because it can be used to conceal money or for any other unlawful purpose.Exchange typeWhile fiat currency can be exchanged electronically as well as physically, cryptocurrency can't be exchanged digitally. Since the currency is embedded in a series of codes, this is the reason it's only feasible to exchange digital currency.Storage MethodFiat? currencies can either be kept in banks or in home safes. Cryptocurrencies may be kept in digital wallets. Fiat wallets are able to convert the currency of the government into digital assets.Advantages of Cryptocurrencies over Printed CurrenciesCryptocurrency? is a great alternative to printing currencies. Arif Efendi mentioned that they contain the following advantages:Decentralized SystemCrypto? is based on a decentralized system. It is impossible to control its circulation or value. Like banks, every transaction is recorded in a ledger. The ledger, however, is not a repository of personal details. This helps protect against data fraud and data breach.It's Used As A HedgeAs? an inflation hedge digital assets such as Bitcoin are possible. Inflation means that more money is available, but more expensive items.Bitcoin is designed in a way that it is unobtainable regardless of what happens to the economy. The coins will always be in short supply even though millions of dollars are used to purchase them. Additionally, there is a high possibility that the coins will rise in value.Payments across BordersIt? is possible to send money immediately to any country using cryptocurrency. Transaction fees are extremely minimal and the whole procedure is easy.Printing currency, on contrary, could require a few days or even weeks to arrive at the person who needs it. These transactions can be expensive due to the high costs. Certain transactions are rejected due to tensions between different countries, laws or sanctions.The Risks of Using CryptocurrenciesArif? Efendi outlines the risks associated with using cryptocurrency.Extreme VolatilityThe? potential for volatility in cryptocurrency is extremely high. You can build a lot of wealth in a couple of months only to lose it all in a single day.The delay in receiving returns on investmentBeginners are frequently deceived by advertisements and investors that they can immediately start seeing high returns. However the investment returns might not be as high in the absence of consistent trading and manage your risk properly.Account TrackingThe? transactions made with cryptocurrency are encrypted by codes, but they leave digital footprints. The FBI can monitor the accounts of everyday citizens and decipher the codes.ConclusionArif? Efendi discusses cryptocurrency as a digital investment you can make use of to make safe transactions. https://grindanddesign.com/members/arif-efendipaqr493/activity/1625427/ It is also a great way to diversify your portfolio. https://leapuplearning.com/members/arif-efendibwwp260/activity/65084/ This article outlined the distinctions between cryptocurrencies and printed currencies. https://rytter-sloan.thoughtlanes.net/arif-efendi-explains-blockchain-and-cryptocurrency-relationships-1694711482 The article also discussed the advantages of crypto-money over paper money.Arif Efendi emphasizes that cryptocurrency is like every other investment. He recommends that people seek advice from a professional financial advisor before investing.