While early stage crypto investors have multiplied their investments, many people who have started a couple of months ago have suffered heavy losses in their crypto portfolios. Cryptoprofiler bridges the gap of investor protection framework between traditional investment world and crypto space, by transferring investor risk profiling into the latter. In addition, the product risk classification provides insights into market risk, liquidity risk and product risk of cryptocurrencies.
Describing the purpose, CEO & Co-Founder of Cryptoprofiler, Gino Wirthensohn told BlockPublisher;
Regulators across the globe are enhancing investor protection frameworks for traditional investment products but cryptocurrencies are regularly not yet part of these regulatory requirements, exposing retail investors to the inherent risks of cryptocurrencies – Cryptoprofiler is closing this gap.
The beta solution provides a light version of the suitability assessment to determine investor’s knowledge, experience, risk capacity and risk tolerance. The more comprehensive and in-depth assessment will become shortly available to users in the login area. Learning resources covering crypto risks and behavioural biases are aimed to enhance investor understanding of the dynamic crypto market. The latest feature is a portfolio risk analysis tool with alert function.
Aside from clearly risk focused approach, users are welcome to plugin with their Twitter account to unleash their potential topics of interest in crypto space with the help of Cryptoprofiler proprietary algorithm as well as to get an insight into public opinion of certain cryptocurrencies through social sentiment analysis.
While various platforms are providing data about cryptocurrencies, Cryptoprofiler is the first provider leveraging banking-grade investor risk profiling to focus on the investor as individual and providing actionable insights. Enhanced risk metrics about cryptocurrencies and comparison function are saving time for investment research and empower better investment decisions.