CryptoProfiler is an online platform powered by Riskifier. It aims at improving investment decisions by providing users with personalized investment solutions using its proprietary algorithms. CryptoProfiler also provides investors with specialized risk assessment regarding the cryptocurrency market that encourages better investment decisions.
The platform seeks to bridge the gap that exists in the investor protection framework between cryptocurrency investments and traditional investments by transferring investor risk profiling into the crypto space. CryptoProfiler will also have a product risk classification that will provide in-depth insight into the market risk, liquidity risk, and the product risk of any cryptocurrency.
Personalized Investor Experience
Through CryptoProfiler, investors can personalize their investment experience as it enables them to discover their crypto investor profile, access their topic of interest through their twitter accounts, and learn how behavioral biases affect investment decision making.
Additionally, CryptoProfiler will have an easy-to-use cryptocurrency comparison functionality that will also enable users to compare coins using different variables as well offer users educational information and data.
Features Of CryptoProfiler
CryptoProfiler has a suitability assessment feature that determines the investor’s knowledge, risk capacity, risk tolerance, and experience. Once the comprehensive assessment is completed, the investor can access it on the login area.
Based on the assessment, CryptoProfiler will provide the investor with learning materials that cover the crypto risks and behavioral biases in order to enhance the investor’s understanding of the crypto market.
Banking-grade Investor Risk Profiling
CryptoProfiler is one of the few platforms that utilize this feature, which focuses on the investors and provides them with actionable insights on cryptocurrencies.
Besides, CryptoProfiler will also have an enhanced cryptocurrency metric system and comparison function that reduces the time investors take in researching cryptocurrencies and improves their investment decisions.
Social sentiment indicator
This indicator informs users on how the public feels about certain cryptocurrencies by monitoring and analyzing the conversations and mentions around the cryptocurrencies on social media. Positive, negative, or neutral social sentiments are assigned to depending on the emotions that prevail within those social media posts. Currently, twitter posts determine social sentiments on the platform.
CryptoProfiler Risk Score (CPR Score)
This is a risk indicator that enables users to compare the level of risk of certain cryptocurrencies using a proprietary methodology of CryptoProfiler. The risk score takes into account the liquidity risk, the market risk, and the issuer risk of a cryptocurrency.
Benefits Of The CryptoProfiler Platform
Learn The Basics
Through the platform, users can learn the basics of cryptocurrencies, exchanges, and wallets. This information can be especially beneficial to investors who are just starting out in the cryptocurrency space. The platform will also provide them with a systematic guide on how to start investing in cryptocurrencies.
CryptoProfiler will inform investors about the potential risks in cryptocurrency investments and provide them with risk comparison tools, which they could weigh against the benefits. This is the best way for the users to determine which cryptocurrency investment suits them.
Investors have the opportunity to learn about different biases. They will also discover how such biases affect decision-making. Similarly, CryptoProfiler will provide the investors with knowledge, which they can apply in investing in the digital assets.