Cryptocurrencies are everywhere. Every day, they become more and more mainstream. Just a few weeks ago, El Salvador announced their plan to create ‘Bitcoin City,’ a city operating entirely using Bitcoin as their form of currency. What’s more, cryptocurrencies are changing lives. In August of 2020, a supermarket warehouse manager invested $8,000 in the Shiba Inu coin. Six short months later, that manager became a millionaire. 

So what’s the catch? Cryptocurrency investment is risky. For every person making millions, there is someone losing the same amount. The key, as with all things in life, is to not put all of one’s eggs in one basket. It is imperative for investors to diversify their cryptocurrency investments and reduce their portfolio’s overall risk. Luckily, Robo-Advisor for Crypto helps investors do exactly that! 

Robo-Advisor for Crypto is targeted towards two user groups: the newbies who want to invest in cryptocurrency and don’t know where to start, and the experts with existing cryptocurrency investments who want to evaluate their portfolio’s risk.

For newbies, our robo-advisor generates a cryptocurrency portfolio aligned with that user’s risk tolerance, which they initially set with a slider.

For users with existing cryptocurrency investments, our robo-advisor computes a risk score for their current portfolio, providing them with a measure of how volatile their portfolio is.

Project By: Gabriel Khouri-Haddad, Ian (Yijun) Chen, Saahil Shangle, Sora Kang, Suvam Nayak

Industry Mentor: Victor Fang