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2023-02-03 11:28:16 [ Welups 24h]
𝐖𝐇𝐄𝐍 𝐂𝐎𝐋𝐋𝐀𝐓𝐈𝐎𝐍 𝐈𝐒 𝐀 𝐅𝐀𝐂𝐓𝐎𝐑 𝐈𝐍 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐃𝐄𝐕𝐄𝐋𝐎𝐏𝐌𝐄𝐍𝐓
In 1990, the Dot-com bubble took place, and a series of technology companies went bankrupt => the Internet still became an indispensable thing in life.
2008, the financial crisis occurred, Lehman Brothers collapsed, S&P 500 fell 60% from its peak, and CAC 40 hit a record low low
=> JP Morgan Chase ascended the throne, and the indexes continuously reached ATH.
In 2014, the largest Crypto exchange at that time Mt.Gox went bankrupt, and the number of people saying Bitcoin would die increased dramatically.
=> Binance takes the throne, and Bitcoin makes ATH at $69,000.
The collapse is inevitable for the market to develop, because, after the ruins, we see new empires being created, collapse cases in 2022 like Terra, FTX... just like the Lehmans Brothers or Archegos when the economy entered a recession.
2023 is also the time when we reshape everything and restructure the mindset to prepare for the upcoming bull run.
Read more:
3 keywords to change investment mindset in 2023
5 mistakes to avoid when investing in crypto
#news #welups #blockchain #layer1
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2023-02-03 11:28:15 Open / Comment

2023-02-02 12:56:58 [ Wise with Welups ]
𝐓𝐡𝐞 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐁𝐮𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐧𝐝 𝐁𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭
Bull market and Bear market are two concepts familiar to investors and traders on financial markets, referring to a type of market trend. Bull market refers to an increased market, while a bear market means a decreased market.
For every investor or trader, the market trend is the main driver affecting the value of their portfolio.
=> Therefore, it is important to understand the direction or conditions of the market to adjust the portfolio and plan to trade effectively, achieve high profits or minimize risks.
So in the crypto market, how is the Bull market & Bear market defined?
Find out with Welups in HERE!
#welups #bull_market #bear_market #crypto #blockchain_layer1
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2023-02-01 11:58:31 [ Wise with Welups ]
APR or APY: Which one to choose when using the staking/lending feature in DeFi?
When you use features like staking or lending in DeFi, the profit generated can be expressed in two numbers: APY and APR.
The APR represents a steady and fixed interest rate applied to your deposit.
APY is a compounded version of APR in which interest is applied to each periodic interest payment.
So how to distinguish APY and APR?
And which way to calculate interest is more profitable for you?
Join Welups to read the article below:
https://outsidetheblock.com/phan-biet-apy-va-apr.html
#welups #apy #apr #defi #knowledge #blockchain #layer1
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2023-01-31 14:52:17 𝐖𝐚𝐲𝐬 𝐭𝐨 𝐦𝐚𝐤𝐞 𝐦𝐨𝐧𝐞𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐫𝐲𝐩𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭
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With the rise of cryptocurrency, it is not surprising that more and more people want to learn how to make money ahead of the many opportunities in this market. However, Welups understands that it can be confusing and confusing at times. For the sake of simplicity for readers, Welups categorizes the forms of making money into 3 main areas as follows: Trader – Holder – Minner.

Trader:
It is basically a form of taking advantage of the high volatility of currencies. When traders participate in the financial market, the goal is to make money or trade is a side job to earn extra income.
Advantages: Make money fast, instant results, and make money anytime, anywhere.
Disadvantages: Always have to follow the market fluctuations, always have to observe the chart price line, always in a state of tension.

It is true that there is a lot of money in the market, but getting it is not due to your bravery and ability. So, arm yourself with knowledge before entering this risky financial market.
Follow Welups to not miss interesting and useful information!
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2023-01-31 14:52:14 Open / Comment

2023-01-30 17:38:31 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝 𝐢𝐬 𝐩𝐚𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐰𝐚𝐲 𝐟𝐨𝐫 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐨𝐫𝐞 𝐥𝐚𝐰𝐬 𝐟𝐨𝐫 𝐜𝐫𝐲𝐩𝐭𝐨
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Thailand ranks 8th in the global crypto adoption index ranking.
As Thai users' interest in digital assets increases, stricter regulations are required to protect Thai investors.
By 2025, the Bank of Thailand (BoT) will allow virtual banks to operate in this country.
Virtual banks are expected to become leverage to promote competition and economic growth in the land of golden pagodas.
In addition, after experiencing an eventful 2022, the Thai SEC will add or amend regulations on advertising, ban lending & borrowing platforms, etc. due to concerns about negative impacts affecting investors domestically.

Follow Welups to receive more exciting news of the market.
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2023-01-28 16:39:47 𝐖𝐡𝐲 𝐍𝐅𝐓 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐭𝐫𝐞𝐧𝐝
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NFTs have proven to be important innovations in technology, finance, fashion, sports, and the arts. Since becoming mainstream in 2021, NFT has overgrown, stimulating people's interest and investment.

So, why has NFT become a new trend?
Anyone can invest in NFT
Ownership of assets encoded into NFTs can be easily and efficiently transferred between anyone, anywhere in the world.
NFT ownership is secured by a blockchain
Through blockchain technology, the product represents independent and unique digital ownership.
Diversify investment portfolio in blockchain technology
Investors can become more blockchain-savvy while diversifying their portfolios by allocating a small amount to NFT assets.
Follow Welups to update good things every day!
#welups #blockchain #nft
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2023-01-27 16:08:56 𝗦𝗮𝗺𝘀𝘂𝗻𝗴 𝗟𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗮𝘀 𝗘𝘅𝗰𝗶𝘁𝗲𝗺𝗲𝗻𝘁 𝗥𝗲𝘁𝘂𝗿𝗻𝘀 𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁𝘀
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Samsung Asset Management Hong Kong (SAMHK), a subsidiary of the investment arm of Samsung technology group, will list a Bitcoin futures ETF on the Hong Kong Stock Exchange.
This move comes amid growing interest from the region's government and institutional investors.
Currently, Hong Kong is the only market in Asia where Bitcoin futures ETFs can be traded.
This will be a new option for investors interested in Bitcoin
This could help attract more traditional investors to the crypto space in Asia, which already has an edge in crypto adoption and promotion compared to the rest of the world.
With Samsung's reputation and brand strength, a Bitcoin futures ETF could be an attractive option for investors looking to invest in Bitcoin without buying and holding their private keys directly.
Samsung has recently been actively involved in the blockchain space, despite the market's recent chain collapses
→ That shows that the positive sentiment among traders seems to have recovered.
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2023-01-27 16:08:54 Open / Comment