In a significant development for cryptocurrency investors, CoinStats, an all-in-one digital asset management platform, has launched a new exit strategy feature.
Exit strategies allow investors to plan the ideal selling price for their cryptocurrency holdings directly within the CoinStats app.
As the Bitcoin ETF craze pushes the cryptocurrency bull market to all-time highs, it is becoming increasingly important for investors to profit from open positions. The exit strategy feature is here to maximize investor profits by allowing users to set a specific sell price for their cryptocurrency portfolio.
New users who connect their portfolio to CoinStats will automatically be prompted to set up this feature and define a target price at which they want to sell their coins. Once set, the exit strategy function is always visible at a glance, allowing users to seamlessly switch between the portfolio view and the exit strategy view to review target sales prices.
Premium CoinStats users can benefit from Exit Strategy’s AI Suggest, an artificial intelligence (AI)-based tool designed to predict the bull market price (BMP) of a specific cryptocurrency.
For investors without a complex exit plan, AI Suggests leverages cutting-edge AI algorithms to provide top bull market estimates for cryptocurrency holdings. AI-based analytics is critical in the volatile and unpredictable cryptocurrency space as it provides an additional data-driven approach to capturing returns.
Narek Gevorgyan, CEO of CoinStats, said the biggest mistake most cryptocurrency investors make is not planning.
CoinStats allows you to track and manage your cryptocurrency holdings in real time across 300 different wallets and exchanges with over 1 million monthly active users.
CoinStats is the only cryptocurrency tracker on the market that supports all major cryptocurrency platforms and DeFi protocols, including 20,000+ cryptocurrencies, 1,000+ DeFi protocols, and 70+ blockchain networks.