Smart recurring investment is a feature that allows you to optimize your recurring purchases based on changes in the Bitcoin price. 📈
Based on your profile, Bitstack optimizes your weekly recurring purchase amount so that you buy more bitcoin when the current Bitcoin (BTC) price is lower than the 60-day moving average, and less bitcoin when the price is higher.
For example, if the current Bitcoin (BTC) price is 5% lower than the 60-day moving average, Bitstack will increase the amount of your recurring purchase by more or less 5% based on your risk profile.
Moving averages measure the average evolution of a series of prices over a given period. In the stock market, this means a curve following the price of an asset, smoothing prices to reduce the impact of volatility, sometimes referred to as "market noise".
How to activate Smart Recurring purchase?
You can activate this feature in addition to or instead of your Round-up plan.
Click on the Home tab in your Bitstack app.
Click on Recurring
Click on Smart recurring
Choose your risk profile between Prudent, Moderate or Dynamic
Accept the suggested amount or choose your own amount to invest
Select your bank card
Why is the amount invested via recurring purchase different from the amount chosen?
The amount invested via your recurring purchase may differ from the amount initially chosen, if you have activated the “smart recurring” feature.
This feature adapts the amount invested according to the evolution of the Bitcoin price.
How to disable the Smart Recurring feature?
Press Home
Press Recurring
Uncheck Smart Recurring