cryptobullcycle.com

The difference between Investing and Trading in Crypto Currency is that Investing is aiming to create a Long-Term trend attempting to have a position with a lower price than the price you will eventually sell at.  In other words, investing is a long term thing that speaks to fundamentals and long term trends and isn’t that concerned with short term price trends. Whereas, Trading is the act of speculating on a currency price movement and would be for Short-Term profit. Trading is a short term thing that speaks to technical and is concerned with short term price trends.  Generally, trading is technically much more difficult, while investing in crypto can be emotionally difficult as crypto can lose 20%. 40% or even at times 80% of its value on papers.

WUSD is different from other stablecoins that are fiat-backed or algorithmic stablecoins. In WUSD's case the stablecoin is backed by crypto-assets within a sustainable mechanism. The stablecoin is backed by USDT and Wault Finance's native token WEX at a ratio of 9:1. This means that 90% of WUSD is collateralized by USDT deposits and the remaining 10% from WEX. This ensures the stability of the stablecoin and guarantees that holders do not lose more than 10% of their capital in the worst-case scenario of extreme volatility. WUSD’s process is as follows. Let's assume a trader deposits 1000 USDT to purchase WUSD. 900 USDT is deposited by the smart contract to WUSD’s Treasury, and the remaining 100 USDT is used to buy WEX tokens. The two tokens are held in the Treasury, and the protocol deploys a portion of that to generate yields to reinforce the Treasury. This ensures that WUSD is always backed by enough collateral, while also earning yields in the background to reinforce the...

After soaring to more than $52,000 in value just last week, Bitcoin price s have fallen to around $42,000 on Wednesday after El Salvador officially established the major coin as a form of legal tender on Tuesday 7 September.    As of 21:13am, Bitcoin’s price today (9 September) was fluctuating around $46,562.73 according to Coindesk.com XRP dropped from 1.$38 to $0.95 and ADA dropped from $3.10 to $2.20. XRP and ADA were the main cryptocurrencies leading the latest market crash, with values of both down over 20% on the last 24 hours.