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Show HN: Cryptocurrency Index Builder

37 points by billatpanda 8y ago

billatpanda 8y ago
Passive investing has been proved to be one of the most effective methods in the long term. Our team has developed this tool for the crypto market, and give people who want to get crypto exposure a more data-driven approach. On the other hand side, this tool is exploring a possibility to replace modern ETF, since with the tool you can build your own index (more flexible and transparent than a fund entity) and execute it through linking trade-only API keys -- the money never even leaves your exchange! Instead of any percentage-based fee in the fund management industry, we can turn it into a fixed cost (subscription model), since the computational cost is becoming way cheaper nowadays.
- cryptoisking 8y ago
  The tool looks pretty neat, but I don't think for average users they are able to "self-direct"; also, the ETF, many of the brokers, offers little to zero fee.
  - mgalka 8y ago
    Unless there has been a new development, there are no approved crypto ETFs yet. There are crypto index funds with fees of 1%-2%. That's not a bad option if you just want some diversity with minimal thought + effort. I think this tool offers a different option. With a little bit of thought and effort, you can save on the fees and customize the risk/return profile.
    - billatpanda 8y ago
      Also beyond the fee, there is not much flexibility that you could do with the constitutes of an index. Some of the "no fee" ETFs are also not that great ... such as https://www.marketwatch.com/story/these-hidden-etf-fees-are-sucking-money-from-your-investment-returns-2016-06-28 https://www.marketwatch.com/story/these-hidden-etf-fees-are-...
deleted 8y ago
[deleted]
Laszlo20 8y ago
This looks like the future. Who needs a fund anymore ?
dchang2017 8y ago
This sounds amazing!
cutedog20 8y ago
Love it! Is this tool free? And I hope you could have a stock market version; I don't trade crypto, and I just have some Bitcoins at Coinbase.
skydiver000 8y ago
Awersome site, great way to increase returns on crypto investments. Great job
dragonlee 8y ago
Great product for crypto index builder! Love it!
dongxingjiang 8y ago
Quite an interesting tool. I wonder if there is something similar in stock market.

37 points by billatpanda 8y ago

Passive investing has been proved to be one of the most effective methods in the long term. Our team has developed this tool for the crypto market, and give people who want to get crypto exposure a more data-driven approach. On the other hand side, this tool is exploring a possibility to replace modern ETF, since with the tool you can build your own index (more flexible and transparent than a fund entity) and execute it through linking trade-only API keys -- the money never even leaves your exchange! Instead of any percentage-based fee in the fund management industry, we can turn it into a fixed cost (subscription model), since the computational cost is becoming way cheaper nowadays.

cryptoisking 8y ago
The tool looks pretty neat, but I don't think for average users they are able to "self-direct"; also, the ETF, many of the brokers, offers little to zero fee.
- mgalka 8y ago
  Unless there has been a new development, there are no approved crypto ETFs yet. There are crypto index funds with fees of 1%-2%. That's not a bad option if you just want some diversity with minimal thought + effort. I think this tool offers a different option. With a little bit of thought and effort, you can save on the fees and customize the risk/return profile.
  - billatpanda 8y ago
    Also beyond the fee, there is not much flexibility that you could do with the constitutes of an index. Some of the "no fee" ETFs are also not that great ... such as https://www.marketwatch.com/story/these-hidden-etf-fees-are-sucking-money-from-your-investment-returns-2016-06-28 https://www.marketwatch.com/story/these-hidden-etf-fees-are-...

deleted 8y ago

[deleted]

Laszlo20 8y ago

This looks like the future. Who needs a fund anymore ?

dchang2017 8y ago

This sounds amazing!

cutedog20 8y ago

Love it! Is this tool free? And I hope you could have a stock market version; I don't trade crypto, and I just have some Bitcoins at Coinbase.

skydiver000 8y ago

Awersome site, great way to increase returns on crypto investments. Great job

dragonlee 8y ago

Great product for crypto index builder! Love it!

dongxingjiang 8y ago

Quite an interesting tool. I wonder if there is something similar in stock market.