Blog and Learning Center

Landing on the platform with multiple Crypto Strategies can be quite a challenge for beginner investors. There are graphs, a lot of numbers, new terminology, names of cryptocurrencies that you are not familiar with, and if you don’t know what to look for, it’s easy to feel overwhelmed.

So what is an investment plan in the first place? An investment plan is the product of matching your financial goals and objectives with your financial resources. Or, in common English, figuring out what you want to achieve, when, and how much you can invest.

Let’s jump into the numbers and see how you can change your Crypto Strategy on the ICONOMI platform, and what happens in the background. Here is a simple example: let’s say we create a Crypto Strategy with 50% of BTC and 50% of ETH and invest 1,000 euros in it.

Investing can be intimidating, especially for beginners. Sometimes, you just don’t know where to start. So we thought it would be a good idea to shed a bit more light on the terms and expressions frequently used either on the ICONOMI platform or otherwise in the world of investing.

Whether you are thinking about investing in cryptocurrencies, stocks, bonds, or mutual funds, you will eventually need to make an important decision – “Do I invest my hard earned savings in a single Lump Sum or to use the Dollar Cost Averaging Strategy?” Daan works in a car repair shop in a suburb of Amsterdam, and has been actively saving for the past five months.

Blockchain = Bitcoin Bitcoin may have been the first technology to use a blockchain, but it certainly wasn’t the last. In a nutshell, a blockchain is a growing list of records, called blocks, which are linked using cryptography. Or put even more simply, it’s a distributed database maintained by thousands of computers worldwide.