ICONOMI is excited to announce the launch of Smart Rules. ICONOMI is all about relieving users of complexity and helping them build their investment confidence, and this time is no exception.
With Smart Rules, ICONOMI is opening up the automated features to all investors on the platform. These new features let you daily cost average, invest gradually, or automatically stop copying a Crypto Strategy.
There are two new sets of automated rules:
- one set of them allows you to invest gradually, and
- the other gives you even more control over the funds copying Strategies.
Recurring Copy and Recurring Buy
With Recurring Copy or Recurring Buy, you can activate your funds on ICONOMI and invest them automatically. Set up the time frame you want every day, every few days, or weekly, and ICONOMI will execute that trade for you. You can either copy any Crypto Strategy available on the platform or buy any single asset, all without lifting a finger.
Investing Gradually is a great way to invest using the daily cost average (DCA) strategy, as it does not care about the market, increasing your portfolio gradually. No matter if you’re working, sleeping, or sailing the seven seas, this Rule will see your investments grow from wherever you are!
This rule helps you guarantee that you secure the profits you make from copying a Strategy. As such, you do not need to worry about the Strategist taking the profits – you can do it yourself and invest them in a different Strategy, a single asset, or into a more stable currency.
You can set the percentage you want to stop copying with, so you don’t need to stop copying everything at once. Additionally, you can set up for it to rebalance only your profit, keeping the seed investment intact for future potential gains.
Trailing Stop-Loss Rule
This Rule protects your investment when the market takes a sudden dive or the Strategy you copy doesn’t perform well. It will automatically stop copying a Strategy when your investment falls by the percentage you specify. Your investment will then be moved into any asset on the platform, be it into euro, British pound, USDC, UDST, or even Bitcoin.
This Rule will be triggered when the Strategy you are copying falls by the percentage you specified and immediately initiates a rebalance. In practice, if you set the parameter to -5%, you will automatically stop copying the Strategy when it falls by 5%.
Empowering individuals to customise their investment strategies based on their unique goals and risk profiles is the cornerstone of successful investing. With Smart Rules, ICONOMI is putting the power in the hands of their users to make informed decisions and achieve their financial aspirations.
Hopefully, you have enjoyed today’s article. Thanks for reading! Read more of our latest blogs here. Have a fantastic day! Live from the Platinum Crypto Trading Floor.
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