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Crypto Roboadvisor (FAQs 2022)

Crypto Roboadvisor (FAQs 2022)

Crypto Roboadvisor (FAQs 2022)

While there’s no shortage of crypto investment advice online, it’s difficult to know where to begin. This can leave potential crypto investors in a state of paralysis. As the crypto market becomes increasingly crowded with new assets, you must have access to impartial information to make informed financial decisions. Crypto roboadvisors are a game-changer for newbie investors.

What is a crypto roboadvisor?

If you’re unsure how to allocate capital across crypto assets, a crypto roboadvisor will do all the heavy lifting for you. These algorithms can provide you with investment advice based on your unique situation. Whether you’re saving for retirement or a house deposit, a crypto roboadvisor will offer impartial financial advice that’s tailored to your specific goals.

Typically, a crypto roboadvisor will take your risk appetite into consideration before providing investment advice. It’s no secret that crypto assets are often incredibly volatile. Although, price fluctuations can also create buying opportunities↗ . The best crypto roboadvisors are able to balance your crypto portfolios with optimal exposure to a mixture of volatile and stable assets.

Why adopt a roboadvisor crypto strategy?

Rather than placing your financial future in the hands of crypto traders dispensing investment advice on Twitter and Reddit, a roboadvisor crypto strategy will ensure you make data-backed decisions. These algorithms take a wide range of variables into consideration before providing you with financial advice - giving you the reassurance you need to invest in crypto with confidence↗ .

Roboadvisors are an increasingly popular way to access the crypto market. Many of these crypto advisory algorithms are built on tried-and-tested investment models with proven track records of success. If you’re an inexperienced investor with ambitious financial goals, using these crypto investing algorithms to make informed investment decisions is a no-brainer.

A roboadvisor crypto strategy is well-suited to those struggling to navigate the ever-evolving crypto space. With new assets emerging every week, it’s impossible to stay across all aspects of the crypto market. Fortunately, with a crypto roboadvisor at your disposal, you can quickly adopt a data-backed investment strategy that aligns with your financial situation and goals.

Where can you find a crypto trading advisor?

It’s important to understand the difference between trading and investing. If you’re new to the world of crypto, you should explore crypto roboadvisors that are focused on investing. For beginners, trading crypto is notoriously risky↗ . With a longer time horizon, you can focus on passive investing (auto-deposit) which tracks the market over time with a diversified portfolio.

What is the best crypto advisor?

If you’re serious about investing in crypto but lack the technical understanding to make informed financial decisions, you need CryptoSimple. Rather than spending countless hours attempting to determine which crypto asset has the greatest upside potential, you can trust our algorithm to provide you with tailored financial advice that considers your risk tolerance and financial goals.

Which roboadvisor has the best returns?

While past performance is no guarantee of future results, there’s no denying that investors have amassed some significant gains during the recent crypto bull market. As roboadvisors typically offer tailored financial advice, investment returns can vary considerably. With CryptoSimple, all financial advice is tailored to help you meet your goals with the perfect combination of assets.

Bitcoin has vastly outperformed↗ gold and the S&P 500 over the past decade. In fact, Bitcoin beat stocks and commodities to become the best-performing asset of 2021↗ . As more retail investors explore the crypto market, the future continues to look bright for this asset class. To ensure you hit the ground running as a crypto investor, you must pick the right roboadvisor.

What is CryptoSimple?

CryptoSimple is helping everyday investors navigate the crypto market with ease. If you want to build a diversified portfolio of crypto assets but do not know where to begin, our intuitive roboadvisor can dispense tailored investment advice to support your financial goals. No matter your risk appetitive, our roboadvisor can identify the best selection of crypto assets for you.

How does CryptoSimple work?

Regardless of where you are in your journey with crypto, CryptoSimple can provide you with a sense of clarity. This makes our platform perfect for beginners and more advanced investors. After following just a few straightforward steps, CryptoSimple will craft the ideal portfolio to meet your needs. Here are the steps you will need to take to unlock value from CryptoSimple:

1. Answer a few initial questions

How would you describe your approach to investing? What are you investing for? These are just a few examples of questions to expect in our initial risk assessment questionnaire. We use this data to identify your investor profile and provide you with only the most relevant investment advice.

2. Explore your crypto portfolio

Based on your risk tolerance and financial situation, we will recommend the best crypto portfolio for you. Upon reviewing the portfolio, you have the opportunity to modify the asset allocations and weighting at any time. This gives you the freedom and flexibility to make changes.

3. Connect your bank account

Once you’re happy with how your crypto portfolio breaks down, you can connect your bank account to your CryptoSimple investment account. We can support transactions from over 1,750 banks and guide you through every step of the process.

4. Set up an auto-pilot deposit

You can choose how often you want funds to be deposited in your CryptoSimple investment account. When you set up an auto-pilot deposit, you will begin to reap the rewards of compound interest and watch your investment account grow over time.

Where can I download CryptoSimple?

You can download our app directly on App store and Play store, or via our website here: https://www.cryptosimple.app/.

Investing on autopilot: meet the robo-advisor
Robo-advisor

Investing on autopilot: meet the robo-advisor

A digital financial advisor built on blockchain technology to manage your crypto investments and maximize results.
CryptoSimple’s Portfolio Allocation Strategy
Robo-advisor

CryptoSimple’s Portfolio Allocation Strategy

CryptoSimple helps you choose the most appropriate cryptocurrency portfolio allocation for your investment goals.
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Questions & Answers

Can’t find the answer here? Explore our help center.

CryptoSimple is a cryptocurrency investing portfolio tool that allows you to invest in cryptocurrencies based on your financial goals and risk tolerance. Our crypto experts will look after your portfolio and help you achieve your goals. Many consumers are unsure where to start their crypto investing adventure, and CryptoSimple takes care of the headaches that come with it, such as setting up a wallet and researching which cryptos to buy.

After installing the CryptoSimple app, just sign up and complete a quick questionnaire to assess your existing understanding of cryptocurrencies and choose your investment goals (for example, if you're saving for retirement or a down payment on a home). Based on your investor profile, our roboadvisor then proposes a diversified portfolio in the decentralised finance (DeFi) market for you.

Yes, CryptoSimple is registered as a Digital Asset Service Provider (DASP) by the French Financial Markets Authority (AMF) which allows us to operate across the European Union.

CryptoSimple is available to all residents of the European Union. We will also begin working with the FCA in the United Kingdom and the SEC in the United States. In the meantime, you can register on our website and we will notify you as soon as the application is available in your country.

Yes, you can create a CryptoSimple account for your Business, it's perfect for any business that has cash reserves. Diversify and invest your business's money in a smart, secure and fully managed crypto portfolio.