Cryptocurrency trading has become very popular over the years, and today, we have millions of people investing in various digital assets.
As the charts below show, crypto ownership has recently grown to over 400 million, with India, China, and the United States holding the top 3 positions globally.
Interest in crypto is not likely to die out any time soon. On the contrary, it will probably grow even further, and so will the figures above.
However, due to the nature of the crypto market, it can be challenging to keep up with its ever-changing trends and fluctuations, especially for beginners.
That is where Ovoro comes into play. Acting as your crypto trading assistant, Ovoro simplifies crypto trading, making it possible for non-professional crypto traders to invest in cryptocurrencies and achieve their crypto investment goals.
To understand how Ovoro does that, first, we need to identify the main challenges in crypto trading.
When trading on your own, you need a good understanding of the market, specific skills, and experience to guarantee yourself some success. But even experienced and skillful traders are bound to make mistakes due to emotions and other biases that affect decision-making. More often than not, profit loss in crypto trading can be attributed not only to the lack of knowledge and the absence of skills but also — to poor stress and emotion management.
Portfolio diversification plays an essential role in crypto trading because it helps with risk management. It is not a good idea to invest in one cryptocurrency as it may experience a sudden drop and lead to significant losses. Stop-loss points are another risk management tool that is important to have to prevent losses after a certain point.
Unlike traditional markets, the crypto market operates 24/7. That makes it next to impossible for manual traders to keep up. On top of that, the market being very fast-paced, one can never know when a significant change may occur. There is a risk of missing out on opportunities or experiencing profound losses, especially if not following a good trading plan with stop loss points in place.
Because Ovoro’s AI analyzes the market at all times, Ovoro has the knowledge and skills part covered for you — you do not need to have profound knowledge about the market or years of experience as a crypto trader. Ovoro also solves the time problem because it trades automatically for you 24/7. Also, since Ovoro is an app and not human, human errors in trading due to emotions, stress, fatigue, etc., have been eliminated.
However, it is the Ovoro collections and the way they have been created that truly unleashes your trading potential.
Sounds great, right?
With Ovoro, users can access several custom asset collections that allow them to trade cryptocurrencies listed on Binance, one of the largest cryptocurrency exchanges.
*While Ovoro currently uses Binance because it’s the biggest crypto exchange in the world, we are not dependent on it. We could operate with any crypto exchange.
The Ovoro collections are the fastest and easiest way to diversify your trading portfolio with just a few taps on your phone. There is no need to become an expert on any of the cryptocurrencies out there. We have carefully preselected them for you, and there is no need to do anything other than choose your favorite collection.
Apart from Bitcoin and Ethereum — two of the most well-known coins in the crypto world — that you can start trading with right after you sign in with your account — Ovoro offers several multi-asset collections that allow you to trade with multiple currencies at the same time. You do not have to manually select crypto assets and wonder which one to prioritize like you would when trading on a crypto market exchange. That is not just a great way to start your portfolio diversification — it is also the safest and easiest route to go about it.
The Ovoro DeFi collection trades assets used in Decentralized Finance (DeFi) services. This multi-asset collection currently includes the following assets:
The Ovoro Winter asset collection trades with Binance leveraged tokens (BLVTs). BLVTs give users leveraged exposure to the underlying asset. Investing in leveraged tokens comes with high risk. Potential earnings and losses can be multiplied. At the moment, traded BLVTs are BTCDOWN and ETHDOWN with 1:1 allocation.
Ovoro’s Big Five asset collection trades with five different assets with a relatively high market cap. If you are interested in investing in the following cryptocurrencies, then the Big Five is for you:
The Ovoro Green asset collection trades assets that are considered more environmentally friendly than other alternatives. The collection includes the following assets:
The Ovoro Summer asset collection trades with Binance leveraged tokens (BLVTs).
BLVTs give users leveraged exposure to the underlying asset. Potential earnings and losses can be multiplied. At the moment, traded BLVTs are BTCUP and ETHUP with 1:1 allocation.
If you are a riskier player, perhaps the Meme multi-assets collection is for you. It trades the following assets:
Please note that these coins can be highly volatile, and the collection might be riskier than other alternatives.
The Ovoro Metaverse multi-asset collection trades:
The Ovoro Storage multi-asset collection trades:
*All assets in the above collections are subject to change.
Under each asset collection, there is a news section displaying crypto news relative to the coins in the collection. That is not only a handy feature but an important one, and we have selected reputable sources to keep you informed about recent crypto news.
However, what makes Ovoro special is the way we manage risk for our users.
With Ovoro, there is no limit to the number of asset collections you can invest in. That is a great way to diversify your portfolio — one of the key aspects of risk management. Not only that, our multi-asset collections help with diversifications from the get-go because each contains several carefully preselected crypto assets you can invest in simultaneously.
Perhaps the best and most valuable feature of Ovoro’s collections is the custom-made stop-loss points each collection is equipped with.
Stop-loss points are a vital risk management tool in trading because they serve as a safety net for when things start to go down. Using stop-loss points is essential for beginner and experienced traders alike, as they are an effective way to control profit loss automatically.
When you invest in any of Ovoro’s collections a stop-loss point is automatically attached to the trade following its performance. Stop-loss points are different for each collection depending on the volatility of the assets which are traded within it, and they are always set below the price at which the trade is opened.
As you can see from the example below — as the price goes up — the stop-loss point starts to follow closely. If a price drop occurs and it is above the stop-loss point, nothing happens. However, as time goes on and, in case, there is another price drop, which this time reaches the stop-loss point, it is automatically activated, and the trade is sold to prevent further profit loss.
Each asset collection has a custom stop-loss point that follows the performance of the trade and is automatically triggered to prevent further profit loss.
Portfolio diversification and custom stop-loss points are not the only way Ovoro manages risk and protects user investments. Because the crypto market can be very volatile and dynamic, we have AI systems in place that work to analyze the market, make predictions for price fluctuations, and follow the speed of market trends — something a stop-loss point cannot possibly do.
When Ovoro’s AI predicts abrupt and irreversible price drops, it sells the trade even before a stop-loss point is reached to guarantee the least profit loss possible.
Interested in trying Ovoro? Download it from ovoro.app
Real-money investing will be possible when we complete our beta stage. Now is the best time to test Ovoro with our virtual money and see which trading opportunity best suits your needs.
Remember! The performance of the Ovoro Collections reflects the real world. All the results — good or bad would have happened with real money, too.
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Ovoro is the future of crypto trading, our focus is to teach people to become financially literate in a fun and simplified way.
Ovoro lets you invest virtual money into a variety of custom-made asset collections.
The performance of the Ovoro Collections reflects the real world. All the results - good or bad would have happened with real money, too.
When our beta stage is over, you will be able to invest real money. For now, you can test Ovoro and complete tasks to earn rewards.
It does not cost anything! Ovoro is free to use.
You can try investing wihtout a risk of losing your money. While educating yourself you might even get rewarded.
You can join us on Discord or contact us at hello@ovoro.com
