Bitcoin on autopilot
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Aleks Svetski

Amber - Bitcoin on autopilot

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Amber is an Australian-based Bitcoin accumulation app that spawned an entire generation of DCA products around the world.
We make it easy to Dollar Cost Average (DCA), auto-buy-the-dip, auto-withdraw, and accumulate the hardest money, scarcest asset on Earth.

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Go1 NK
Simple and the best!
Aleks Svetski
Maker
@go1_nk - appreciate that :)
Jenna Williams
Who are some of your competitors?
Aleks Svetski
Maker
@jennawilliams13 I'd say Swan Bitcoin is the best competitor with the most integrity. CashApp is also a good product, but I'm always a fan of supporting the underdog :)
Kelley Halpin
Would it be possible to use this to create a "crypto index" in the future? Seems like a big need (S&P500 v2) but I haven't seen good options for that
Aleks Svetski
Maker
Hey @kelley_halpin1, We won't be doing that at all. I would strongly suggest a read of the blog I wrote where I discussed why indexing crypto is a bad idea. It's entitled: "Amber is a Bitcoin business, not a crypto company" I've tried linking it here but it won't let me :( In short, it only increases volatility on an asset class that is already nascent. Because of the correlation of crapcoins to Bitcoin, "baskets" of crypto do the complete opposite of what diversification was originally intended to do, ie; lower volatility and give a better Sharpe ratio. I would steer clear of anyone who claims baskets of crypto are a good idea. They're just trying to make fees off you. Stick to Bitcoin. It's much better for your health & sanity.
Christopher Pavlesic
HUGE fan of Amber. Big ups to Aleks and the team.
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