Cryptocurrency investors have access to a wide range of investment methods, including short-term and long-term trading, wealth management and automatic investing. As investors differ from one another in terms of risk appetite and expected return, it is crucial to identify an investment strategy that suits each individual’s unique circumstances. For cryptocurrency beginners or prudent investors, “hands-on” investing strategies like automatic investing are always a good choice.
What is automatic investment?
Automatic investing is a process of investing a fixed amount of money in regular cycles. This strategy consists of two main components:
canned cycles: investments are made at fixed intervals
fixed values: the amount of money used to buy the investment target every time is pre-set Many automatic investment methods are available, and the simplest one involves users investing a fixed amount of money at fixed intervals. When employing this approach, investors should define three parameters: investment price investment time value of each investment To be more specific, investment pricing helps investors control the risks of a crypto project, and investors set different investment prices based on their own risk appetites and expectations. Overall, automatic investing is a defensive investment strategy that is particularly suited to prudent and novice investors. As cryptocurrency exchanges differ in terms of cryptocurrency prices and calculation of returns, automatic investment may be a better choice for beginners who want to invest in a long-term project.
For prudent investors, buying cryptocurrencies at regular intervals diversifies the cost, as automatic investing presents multiple entry/exit points. From a long-term point of view, automatic investing reduces costs, spreads risk and saves investors when analyzing entry points or purchase prices.
Furthermore, with automatic investing, investors no longer need to adjust their long-term investment plans due to short-term market swings. In February 2023, CoinEx, a world-renowned crypto exchange, introduced a new feature called Automatic Investment Plan, helping its users to invest in crypto with greater ease. In order to simplify investing in crypto, CoinEx Investment Plan is a trading strategy that helps users to accumulate cryptocurrencies through predefined investments and recurring cycles.
The most prominent feature of the new function is that users can choose the trading strategy and take profits with predefined amounts and cycles, without having to worry about the specific time.
Highlights of CoinEx Automatic Investment Plan:
With easy-to-use procedures, The CoinEx Automatic Investment Plan is designed to help users buy cryptocurrencies using idle funds. With the feature, you only need to enter the value and cycle, without worrying about specifying time. As such, the tool allows investors to diversify costs and spread risks and accumulate assets on a regular basis. Just create a plan and define the parameters, and investments will be made automatically according to predefined values and cycles, minimizing manual operations.
How to create an Automatic Investment Plan on CoinEx?
On CoinEx, investors can create an automatic investment plan in three steps: Visit the official CoinEx website, log in to your account and select [Negociação Estratégica] in [Finanças] in the top navigation bar; Find [Plano de Investimento Automático] on the page [Negociação Estratégica] and click on [Criar Estratégia];
Select the market and set [Ciclo de Investimento Automático], [Hora de Início], [Quantidade por Ciclo] and other parameters to create a strategy. An automatic investment plan will be created by clicking on [Criar]-[Confirmar].
As per the broker’s official website, users can create up to 20 effective (including suspended) trading strategies. CoinEx Auto Invest now features 10 markets: BTC/USDT ETH/USDT SOL/USDT ATOM/USDT MATIC/USDT FTM/USDT XRP/USDT ADA/USDT DOGE/USDT SHIB/USDT
New markets will be added soon. Furthermore, according to the official announcement, the exchange is preparing for the launch of the Spot Tablean interesting function for cryptocurrency investors.
Disclaimer: the article does not offer financial advice; users should rely on their own insights when investing in cryptocurrencies.
Notice: this article is for informational purposes only, it does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article Read also: Opportunity: Smaller cryptocurrency can jump from BRL 7 to BRL 80 with Bitcoin high Can Metacade Rise on Good Bitcoin News? Read also: Battle between USDC and USDT: what does it mean for the cryptocurrency market?
