Key Takeaways
- Use automatic trade journaling and backtesting to identify which strategies work for you: iVest Plus tags trades by strategy type (87 different option trades) and lets you compare actual results against hypothetical outcomes, helping you replicate winning approaches and avoid losing ones.
- When trading crypto, monitor on-chain metrics beyond price charts: track network growth, large holder concentration (Bitcoin 11% vs Ethereum 40%), exchange inflows/outflows, and geographic trading patterns to get a clearer picture than price action alone.
- Keep a tighter leash on crypto positions than stocks: crypto lacks traditional valuation metrics like P/E ratios, making it riskier; use stop-losses and shorter holding periods, and verify social media communities for coin legitimacy before entering trades.
- Access crypto across multiple exchanges from one research platform: different exchanges offer different coins and prices—iVest Plus allows you to research 1,000+ cryptos, see where each trades, and execute from a single dashboard rather than managing separate accounts.
- Distinguish between crypto as a speculation vehicle versus a transaction tool: understand whether price movements reflect trader sentiment or actual adoption/usage changes to better predict volatility and avoid hype-driven trades like celebrity-promoted coins.
Rance Masheck, the CEO and Co-founder of IVest Plus, and Chris Mercer, the Chief Operating Officer at iVest Plus, discuss the company and its offerings.