New crypto index platform makes cryptocurrency investing easier for novices and professionals
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Loading... - Adjua Ansah
- 16 May 2023
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Despite the rapid growth of the cryptocurrency market, experts argue that beginner investors are being held back due to the lack of simple investment tools, particularly index investing.
Investing has always played a crucial role in enhancing financial success, especially as inflation rises and people worldwide struggle to make ends meet. Many individuals have discovered that adopting a beginner investment strategy offers a solution to stay ahead of increasing costs and gradually build wealth. The cryptocurrency market has demonstrated how even a small investment can be life-changing, thanks to its substantial fluctuations that generate higher profits. Additionally, the market's 24/7 operation times provide flexibility and convenience for those who work traditional nine-to-five jobs.
Furthermore, barriers to entry have been lowered, allowing individuals of all income levels to participate through altcoins and fractional ownership. Cryptocurrency investments offer the potential for significant returns, presenting a new path towards financial freedom and security. The decentralized nature of cryptocurrencies also empowers investors, granting them control over their financial future.
The number of individuals participating in the crypto market has surpassed 300 million, with projections suggesting it could exceed 1 billion by 2030. However, a significant portion of these users are novice retail investors venturing into the crypto market for the first time. While they strive to understand the fundamentals of this market, their lack of experience often leads to unfavorable outcomes. Despite the substantial market expansion in recent years, most retail investors have incurred losses due to their limited understanding.
To address this issue, comprehensive investment solutions are necessary to help beginners grasp the cryptocurrency market and minimize risks. The introduction of these tools is expected to make beginners more comfortable with the market, eventually leading to widespread cryptocurrency adoption.
Mitigating risks is crucial, but currently, such investment tools, including index investing, are only accessible to knowledgeable investors. In contrast, these tools are readily available in traditional markets, where they are popular among users as accessible tools for financial planning. One example of these tools is indexes.
Investing in indexes can be a wise strategy for those seeking to minimize risk and maximize returns. Instead of purchasing individual stocks or assets, index investments provide exposure to a diversified portfolio of assets, effectively spreading out risk. This approach is especially beneficial for beginner investors who may lack expertise or time to closely monitor and manage their investments. Additionally, investing in indexes has proven to yield better long-term returns compared to active management funds or individual stock selection.
Leading organizations in the crypto space are now exploring various versions of cryptocurrency indexes that include features like rebalancing and asset tracking, making them accessible to users with a few simple clicks. Regular rebalancing adjusts the index's composition periodically to reflect changes in the cryptocurrency market, aligning it with overall market trends. These adjustments help capture gains in rising markets and minimize losses in declining markets, potentially improving returns.
Asset tracking is another crucial feature for a cryptocurrency index fund as it enables investors to easily monitor their portfolio's performance and make informed decisions regarding asset buying or selling. A reliable index fund may also provide access to detailed market analysis and research, helping investors stay updated on developments in the cryptocurrency space. Competitive offerings should also feature low fees, user-friendly platforms for easy access, and robust security measures to safeguard investors' assets, aligning them with traditional investment products.
An alternative platform that brings a range of useful features to users is J'JO, an intuitive and user-friendly cryptocurrency investment platform. With J'JO, investors can invest in a specially created cryptocurrency index based on the principles of the CSi30 index, which was launched in 2017. However, instead of entrusting their funds to a money manager, investments are made through the client's chosen crypto exchange using API keys. Account users have the freedom to select their preferred connections from the top-10 crypto exchanges, including Binance, Coinbase, and Huobi, among others.
