Introducing TUSD backed hedge fund | Amesten Asset
Ever wanted to invest in Crypto markets but stayed away from it due to its volatility? Fret not! Introducing a, TUSD backed hedge fund.
TrueUSD, part of TrustToken asset tokenization platform, is a blockchain-based stable coin pegged to the value of USD. Unlike Bitcoin or other Altcoins, TrueUSD has the minimal impact of market volatility or bear market, in its fiat value.
To understand this better, let’s consider an example-
The fiat value of 1 TUSD was 1 USD (+-1%) in Dec 2017 when the fiat equivalent of 1 Bitcoin was nearly 20,000 USD; today the fiat value of 1 TUSD is 1 USD (+-1%) when the fiat equivalent of 1 Bitcoin is 3,500 USD.
Why TUSD backed hedge fund?
At Amesten Asset, we have always strived for giving the best return on investment possible by innovating things and looking beyond the traditional way of Investing. With TUSD you can trade (Buy/Sell) other altcoins with the ultimate goal of increasing your TUSD, in effect, increasing your USD holdings.
You buy Apple’s stock at $120 and sell at $128, you book a profit of $8 in the trade/investment. In a similar manner, you can buy Bitcoin at 3500 TUSD and sell it at 3800 TUSD, booking a profit of 300 TUSD.
Also a hedge fund not only covers ‘buy low and sell high’ but also ‘short high and buy lower’.
Here is the Snapshot of our previous fund performance — Bitcoin backed hedge fund.
Interested people can drop a email on ‘email@example.com’ also you can call on +91–7411217628. If you have any doubts feel free to contact through any of the above channel.
P.S: For the people who don’t own any crypto or TUSD, we have officially partnered with CoinDCX for people who wish to buy TUSD with fiat.