One of the oldest and best investment strategy is holding, or staking over a long period of time, as an advocate of staking and savings, I have also designed my business idea around this strategy, by setting up a CRUDE fund, that encourages decentralized staking on the bitshares DEX...
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Posts made by noblenobert
How Profit from CRUDE.BTSP
CRUDE.BTSP (CBTSP) is the liquidity token for bitsharescrude and is part of the means by which bitsharescrude raises funds for its stable coin CRUDE.NGN. It can only be gotten by a liquidity pool contract, where a user adds BTS and CRUDE.NGN to the liquidity pool. The resulting contract token can immediately be sold for bitshares via CRUDE.NGN at almost three times its original value or held until the amount of bitshares in the pool has doubled. The user can also add bitshares to the pool via swap operations to get almost twice the amount he would have gotten from the market(This is only profitable above a price diffrence of -45% )…
CRUDE.BTSP is expected to gain more value, as more bitshares is added to the pool over time and as such encourages users to provide liquidity to the pool or to swap bitshares for CRUDE.NGN.
It is currently not possible to access the pool from the Bitshares UI or web wallet, users can only access this feature from the mobile wallet. However it is possible to buy the resulting supply from the web wallet to hold until the time when it has gained a reasonable valuation.
STEPS ON HOW TO GET CRUDE.BTSP
Download the BTS mobile app on google play or on their official site btspp.io
Login to your account and navigate to the option called poolmart.
You will see a list of pools there, scroll down to BTS/CRUDE.NGN then select.
it will open to the swap option you can quickly swap bitshares for almost twice its amount in naira (above -45%) or click on pool, and add liquidity if you intend to double your bitshares supply or sell for almost thrice the amount in naira.
BITSHARESCRUDE AND CRUDE.ASSETS REVIEW
Every organization needs to monitor all its assets. In this way, the appropriate stakeholders can realize precisely which assets are available and what should be used to generate optimal gains. The assets that are held by any organization fall into two major categories: current and fixed assets. Fixed assets are those assets that are purchased for future use while current assets are those assets that can be turned into money within a short period.
Asset management is a method of developing, maintaining, operating, and trading assets by making profits. Mostly related to finance, the word is referred to companies or individuals that manage or control assets for people or organizations.
Bitsharescrude is a Private Organization which is into asset management on the bitshares blockchain. They currently offer leveraged based products that can be traded on the bitshares DEX or redeemed for cash on their portal. These assets include; CRUDE.NGN, CRUDE.BTS, CRUDE.BTS2X and CRUDE.LVRG. Their goal is to provide local traders with an opportunity to exchange and control their crypto portfolio with super security for funds generated by the Bitshares Blockchain.
Though the need for cryptocurrency skills is increasing, according to a study by Trend Micro, security experts are still finding it difficult to follow up on the development. Businesses and private investors are faced with huge disappearances, difficult ransomware, cases of theft, and Ai-powered bots combing the internet searching for poor links as this is a huge challenge to investments. Individuals are prey to hackers; storage areas and servicing functions also have become targets to cyber-attacks in various industries.
Bitsharescrude provides an easy solution via its asset pool fund which it uses to power the CRUDE.ASSET ecosystem into sustained profitability.
WHAT IS CRUDE.LVRG?
CRUDE.LVRG is an ETF based asset which records or keeps track of the price of Bitshares, it follows 5x the price change of Bitshares weekly. CRUDE.LVRG, however as an ETF asset is limited as its supply can only be increased at 1:5 an inverse of its price change, this limitation is set to ensure that its total value can always be redeemed at any time.
CRUDE.LVRG is a 5x long/short BTS token that precedes a weekly change in the price of bitshares. With every 1 percent of BTS that goes up in a day, CLVRG is up 5 percent; for every 1 percent of BTS that goes down, CLVRG is down 5 percent. As a guideline, the holders of CRUDE.LVRG have a long position in BTS and a short position in CRUDE.NGN and vis-versa. Long trade means buying an asset to sell at a better price in the future and make a profit. Short trade also means selling, before buying, to buy back the stock at a cheaper price and make a profit.
ETFS AND HOW IT WORKS
Exchange-traded funds (ETFs) have been one of the most common investment machines for both corporate and private investors in less than three decades. Often portrayed as safer and cost-free than mutual funds, ETFs help deliver cheaper trade, diversification, and arbitration for investors.
Since it’s traded on an exchange much like stocks, an ETF is considered an exchange-traded fund. During the whole trading day, the price of an ETF’s assets will vary as the assets are purchased and resold on the market.
ETFs have some advantages like; liquidity, exotic investments, direct diversification, being able to purchase in small amounts, a wide range of alternatives, etc. To optimize the benefits of investing in ETFs, it is essential to note and identify two main disadvantages. Thankfully, these problems may be mitigated once customers have a good view of the disadvantages and how a careful approach can help to enhance their assets. These disadvantages are the high price volatility and the fact that most ETFs are designed to follow one particular trend (either up or down eg, BTCUP and BTCDOWN). With CRUDE.LVRG, all these are settled as it goes either way.
CRUDE.LVRG AS A LEVERAGE TOKEN
A leveraged token is an asset derivative that allows you to get exposure without dealing with margin trade, liquidation, collateral, funding rates to a leveraged trading position in a digital asset. Because of their brevity, they have gained a lot of recognition since their inception. A leverage token facilitates a nominal exposure to a crypto asset either on a daily, weekly, or bi-weekly basis. Each leveraged token gets its pricing action through the trading of BTS perpetual futures.
You may also exchange leveraged tokens for their net asset value as well. This development and redemption process is what essentially ensures that leveraged tokens are worth what they are intended to be.
WHAT IS CRUDE.NGN?
CRUDE.NGN is simply an asset that represents the naira currency on the Bitshares DEX. It can be redeemed directly for cash or traded on the bitshares exchange.
WHAT IS CRUDE.BTS?
CRUDE.BTS is an asset that represents the naira price of bitshares on the bitshares DEX, it is different from CRUDE.NGN in that it follows the price of bitshares 1:1 not naira, it is a smartcoin backed by CRUDE.NGN i.e. and can be used for margin trades.
WHAT IS CRUDE.BTS2X?
CRUDE.BTS2X is a liquidity pool token gotten by staking CRUDE.NGN and BTS, the profits from the pool are used to buy back the coin on the market, the staked coin can also be redeemed on the pool via the ‘remove liquidity option’.
HOW TO GET STARTED WITH CRUDE.ASSETS
Simply register a bitshares wallet on any of the bitshares DEX websites like XBTS, GDEX, RUDEX, ioBANKER etc. Then register an account on the bitsharescrude portal which is used to execute the Peer to Peer trading, all traded assets are sent to your bitshares wallet for safe keeping after which you can enjoy the profits from your holdings.
With the rise of cryptocurrency market, assets investments risks are becoming a pain on the back of some individuals who lack the insight of blockchain asset management. Bitsharescrude has lessened these risks with its CRUDE assets that gain value over time and are easy to profit from. I am sure you will be happy starting your trading career with Bitshares and Bitsharescrude.
None of this is investment advice. They are just the expressed views of the writer and must not be taken into context. The author is not affiliated to Bitsharescrude and will bear no loss as result of investing in any of the CRUDE.ASSETS, readers are advised to make their own research before making an investment.
Written By @zooelon
Edited By @bitsharescrude
CBTS is a the smartcoin version of CRUDE.NGN, bitsharescrude is offering the opportunity to act as witness price feed publishers for this new Asset. Interested persons should send a mail to email@example.com....
More details about the asset can be found here
Bitcrude FPL free version
Bitsharescrude FPL code for the new season. Free Version
Join the Bitsharescrude official WhatsApp group to claim prizes for - manager of the week - manager of the season.
Manager of the week
Manager of the Season
(1st- 1500CNGN, 2nd- 1000CNGN, 3rd- 500CNGN)
Bitsharescrude lunches it's official website
In pursuance with the standards of the crypto community we now have two standard websites.
https://bitsharescrude.i.ng and https://data.bitsharescrude.i.ng.
The data page helps users in asset tracking, you can read more about CRUDE.NGN on the link below
RE: Why you should consider using CRUDE.NGN and Bitshares
@medoplus2 that's unpatriotic to say that, the naira is our national currency, it deserves a place in the crypto world, plus if you think it has poor performance why not trade against it, you will still earn good money either way
Why you should consider using CRUDE.NGN and Bitshares
CRUDE.NGN is a decentralized custodial token or asset on the bitshares DEX that is meant to represent the true value of the Naira, currently most decentralized stable coins are USD, and except for stellar.ngn there are no other really decentralized Naira coins out there.
Why should you use this token?
- It's pegged 1:1 with the Naira
- It's traded on a fully decentralized DEX
- It can be used as a debt collateral
- It is meant to mirror the forex price of the Naira
- The Asset owner lives in Nigeria here and is a normal crypto user like you.
- The asset is designed to be trustless, and once issued cannot be seized.
- The asset can be traded immediately for other tokens and coins right there on the DEX.
There are so many other advantages to holding this coin...