PhoenixBit is focused on crypto-currency markets and tokenized assets. The systems can be applied to anything, for example commodities, art, real estate, weather metrics, social media trend data and so forth.
PhoenixBit will be simple to use for everyone like many popular mobile & web applications. Similar to Gmail, Instagram and Snapchat signing up and using the PhoenixBit dashboard will be a user friendly experience.
When you consider that the US dollar has lost 95-97% of its original value since its inception despite having attained the world’s reserve currency status in 1944 and saving accounts usually pay less than 1% interest annually, our Arkady algorithm is a novel approach to maintain value and create indefinite higher yield opportunities. It is probably better than a pension fund.
Our 3xMagi algorithms ensure that a novice would be able to achieve out-sized returns without understanding trends, trend-stages (Elliot Wave, Wyckoff, etc.), volatility, leverage, margin requirements and shorting markets. Market cycles have become very hard to predict for even the most successful fund managers, resulting in poor performance and fund closures.
No particular knowledge of derivatives (e.g. Black-Scholes, gamma, delta, parameters, convexity, etc.) or risk assessment/modeling (e.g. Monte Carlo Methods, Value-at-Risk, Knightian Uncertainty, etc.) is required by the users. The “smart money” and institutions like JPMorgan, Fidelity and Goldman Sachs entered the Blockhain, DLT & crypto space.
Data Science, AI & Machine Learning are an integral part of PhoenixBit, these disciplines allow us to automate certain parts of the PhoenixBit System, improve the user experience and also allow us to provide more attractive services and opportunities in the future. The beneficial aspects of these sciences are less human stress, more free time & higher profits.