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Arif Efendi is a seasoned investor and businessman who realised that cryptocurrency was an acceptable investment asset. In this article, he shares his learnings and insights. Arif Efendi Explains the difference between Crypto and. Stocks Investors like me must know the difference between stock and cryptocurrency. While there are some commonalities between cryptocurrencies and stocks but they're quite different. Cryptocurrency is a type of digital asset or currency that is recorded and verified using an uncentralized system via cryptography instead of a central authority. On the other hand the stocks, which are also referred to as equity are securities that show the ownership of a portion of a firm. Capital appreciation is a key reason for people to invest in crypto and stocks. This is especially true when the assets they hold rise in value. https://london-post.co.uk/arif-efendi-suspects-theres-plenty-more-to-come-from-lionel-messi-at-psg/ What makes people purchase shares and cryptocurrencies? Individuals purchase stocks for the purpose of voting on the company's decisions. They also invest to receive dividends that the company distributes to its shareholders. It is quite easy to invest in digital crypto and stocks today with the next-generation marketplace and different mobile investment apps. https://www.imdb.com/title/tt0254001/characters/nm0022342 While the process may seem the same, there are still important differences. The Securities and Exchange Commission regulates securities. However, crypto trading can be conducted on any mobile or smart device anytime. You can also trade crypto using crypto trading pairs, fiats, or crypto. Trading Crypto and. Swing Trading You might be asking yourself why trading crypto is so profitable despite its volatility. Crypto with large market caps can swing 5% to 10 percent, while smaller ones can go up to 10x in a single day. It's not commonplace in the stock. In this case, for example If $1000 had been placed in Solana 1st January 2021, at $1.837 The investment would be worth $182,000 at the time of writing. Arif Efendi It is now $182. You don't have to be a weak investor in investing in crypto. A novice may wonder where the money is coming from. It's impossible to regulate cryptocurrency via a central agency. Their value is therefore down to the cost of supply and production as well as demand and adoption. Understanding the Supply and Demand in cryptocurrency In our economics textbook we are able to recall that if the demand for an asset goes up faster than the supply, the cost of the asset will rise. If there's an earthquake in the area that is affected by water, the price of water will go up if the demand for the water is not. The same economic concept applies to cryptocurrency. We are getting to the phase of mass adoption, and we are seeing institutional investors like MicroStrategy and a country like Ecuador betting hugely on cryptocurrency. It's an exciting time to be alive. Recognize the Risks of Volatility The value of cryptocurrency fluctuates exactly the same way as the stock market. A lot of people want to get into crypto and reap 100x profit. Although it is not certain that an asset will be profitable for a long time It is crucial to know when an asset is best to be traded or sold to make profit. https://www.researchgate.net/profile/Arif_Efendi Warren Buffet stated, “Be fearful when others get greedy, and you should be greedy when people are scared.” Most people in the crypto sector are scared. The best time to buy cryptocurrency is in the bear market. When the asset goes down. https://www.pinterest.cl/aarifefendi/ Panic-selling is when there are no Harry, Dick or Tom. People who are anxious and worried could end up losing their wealth. You should make a list of cryptocurrencies that you wish to invest in and then wait for red candles to appear. The weekend is the perfect time to buy, as most institutional investors will have closed their positions for the week. In the present, we are witnessing a major shift away from traditional methods of investing, in which you require a broker, to a new method where you can purchase cryptocurrency right from your home. What Cryptocurrency Should You Buy? If you go to Coinmarketcap.com, there are a variety of cryptocurrencies to choose from. My first option has been Solana and is closely followed by AVAX and POLIS. It's now even easier to monitor and track your most-loved currencies. Tabtrader is an application that allows you to check every single swing to determine when it's time for you to earn or purchase more. If you've been storing your cryptocurrency for some time, you may be able to use it and receive airdrops. It is also possible to transfer your coins to wallets like Trustwallet or Imtoken and set up secure passwords to ensure their security. The 12-word phrase you have chosen should be saved in order to restore your investment in the unlikely event that your host device goes missing or taken. Conclusion By this, the bank you use is yours. You can transact anywhere around the world anytime.