Taking a Look at eToro’s CopyPortfolios

There’s plenty of people out there fascinated by the stock market (and making some money) who prefer to invest their funds in diversified portfolios. Beats doing all the work and it involves way less risk, right? What if you wanted to dabble in crypto with the same strategy? Say hello to CopyPortfolios, which allow eToro users to allocate their funds into managed portfolios. CopyPortfolios do all of the legwork involved in crypto investing, but the features basically boil down to two main traits — allocation and rebalancing. Allocation: Once you invest that money, where exactly is it going? Using a CopyPortfolio called CryptoPortfolio, for example, your money is allocated into a portfolio that includes an array of cryptocurrencies available on eToro. The coin with the highest market cap (i.e., Bitcoin) receives the largest portion of the portfolio’s total allocation. Rebalancing: Of course, values shift in any market, including the crypto…

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