Investing in Bitcoin cryptocurrency is one of the best decisions that you can ever make and eToro has just made things better for you. The company has just launched a new financial instrument known as the eToro Crypto CopyFund that has made the process of investing in the digital currency market easy, secure and reliable. Investment in digital currency increased by almost four times in 2017 and experts expect even better results in 2018. However, despite the growing demand for cryptocurrency, many investors are still skeptical to invest in this lucrative market because they don’t understand how Blockchain technology works. Investing in cryptocurrency is not easy, it requires a thorough understanding of the Blockchain technology as well as good knowledge about security and how to manage risk.
That is the reason why Etoro Crypto CopyFund was actually created. This new investment platform is not only easy to use but it is also very secure. The Etoro Crypto CopyFund has been created by the Etoro investment committee, the body that manages the CopyFund. This means that you have no reason to be worried that you are going to lose your investment because it will be managed with maximum efficiency to ensure that you get good returns. In fact, that is the reason crypto copy fund usually undergoes rebalances every single month.
Unlike other platforms, Etoro Crypto CopyFund is unique and offers a balanced and more diversified portfolio focusing mainly on cyptocurrencies that have market limit of at least $1 billion. The average trading volume per day is more than 20 million. The weight of individual CopyFund components are actually determined by the market limit which is currently not less than 5%. The Etoro Crypto CopyFund platform will be rebalanced on every first day of each trading month by the Etoro investment committee. However, if currency drops below $1 billion or if the daily trading volume actually drops below $20 million, then that particular currency will be dropped.
The daily investment sum will actually be on a first come, first serve basis. This means that when the Etoro Crypto CopyFund attains its limit, then the trading will be closed. It also means that new investment will have to wait until the next day once the limit has been reached. The closing of open Etoro Crypto CopyFund positions is actually not restricted and could actually be close at any given time. The Etoro Crypto CopyFund has been created to integrate with all digital currencies with a market cap of over $1 billion and daily trading volume that exceeds $20 million. Etoro Crypto CopyFund distributes weight equally.
Main cyptocurrencies supported by the Etoro Crypto CopyFund include
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Etheruem (ETH)
- Etheruem classic (ETC)
- Litecoin (LTC)
- XRP by the ripple Lab
- Stellar Lumens (XLM)
There is no doubt that choosing to invest in cryptocurrency is the best decision that anyone can make at the moment. Etoro Crypto CopyFund gives you that golden opportunity to be part of investors who are currently reaping the benefits of cyptocurrencies. You don’t have to be a guru in cryptocurrency trading or spend all your time in order to get good returns. When you choose the Etoro Crypto CopyFund, then you don’t have to worry because the platform will do everything on your behalf.