🙋‍♂️

Personal5,402

💰

Wealth200

💰

Stocks122

💱

Trading29

💰

Crypto trading5

Soon app

Automated crypto investing for stress-free wealth building.

Open

Dashboard Edit Promote Manage releases Analytics

Overview Releases Alternatives Pricing Pros & Cons Prompts Reviews Q&A

Go to 💰 Crypto trading

Tradt

14,201

DipSway Crypto Trading AI bot

Go to 🙋‍♂️ Personal 💑 Relationships (1262) 📚 Education (1021) 🏥 Health (914) 📚 Learning (671) 🙏 Spirituality (334) 👗 Fashion (298) ✈️ Travel (233) 💰 Wealth (200) 🛍️ Shopping (159) 🚀 Personal development (106) 🏀 Sports (69) 🐕‍🦺 Pets (56) 🌱 Life coaching (33) 💄 Beauty (31) 🤝 Community (9) 👩‍💼 Personal branding (6)

The Mid Life Magic Woman

105

Auramind

Go to 💰 Wealth 💰 Stocks (122) 💰 Crypto (57) 💰 Personal finance (21)

How to be respected

Ritchey

Go to 💰 Stocks 💱 Trading (29) 💼 Investment analysis (10) 📊 Stock market news (9) 📈 Stock chart analysis (3) 📈 Stock sentiment analysis (3)

Investing.com - WarrenAI

Decode Investing Stock Analysis

Go to 💱 Trading 💼 Trading advice (8) 📈 Trading algorithms (8) 💰 Crypto trading (5) 💹 Trading strategies (3) 📈 TradingView scripting (2)

Script Generator Tradingview

March 16, 2023

Dashboard Edit AI

Soon app

Crypto trading

9,823

2.9(8)

Use tool Copy 🔗

210

Inputs:

Outputs:

Automated crypto investing for stress-free wealth building.

Overview

Overview Releases Alternatives Pricing Pros & Cons Prompts Reviews Q&A

Featured alternatives

Crypto Portfolio Horoscope

628

Advertise here

Overview Discussion

220 www.soon.app

Overview

Soon is a fully automated crypto investing tool that allows users to invest in cryptocurrency without the stress of speculating. The platform uses dollar-cost averaging to invest, meaning users do not need to decide when to buy or sell.

Soon also provides a standard portfolio, eliminating the need for users to spend hours researching what to buy. The tool is designed to take advantage of micro-opportunities provided by cryptocurrency through short-term volatility, buying often and selling often during small and large price upswings, taking smaller gains more frequently that add up over time.

When users spend, Soon is notified and sells their highest gains to cover the transaction. Soon transfers money from the user's bank to invest in crypto and transfers earnings back to their bank weekly.

With every gain sold, Soon sets a portion aside in a Tax Stash to cover the user's capital gains taxes. Soon has a strict 1 to 1 custody policy, which means that for every cryptocurrency denomination presented in the app, that exact amount is held in the user's wallet.

The tool is safe, secure, and ethical, with assets held solely in the US, meeting all regulatory requirements.

Releases

Soon appInitial

Get notified when a new version of Soon app is released

Notify me

Initial release

March 30, 2022

Initial release of Soon app.

+ Submit new release

By unverified author Claim this AI

Pricing

Pricing model

Freemium

Paid options from

$19.99/month

Billing frequency

Monthly

Refund policy

No Refunds

Use tool

Save

🔗 Copy link

🗳️ Vote Best AI Tool

Featured

Crypto trading Soon app

Crypto trading

9,823

2.9(8)

Overview Releases Alternatives Pricing Pros & Cons Prompts Reviews Q&A

Use tool

Save

Top alternatives

Tradt

Your ultimate trading companion in cryptocurrency world.

Crypto trading

Open

14,201
182
3.0

Released 2y ago
From $27.30/mo
Share
DipSway Crypto Trading AI bot

Effortless crypto trading with AI precision.

Crypto trading

Open

8,220
253
3.5

Released 2y ago
Free + from $15.83/mo
Share

Stefano Saitta

🙏 14 karma

Sep 12, 2023

@DipSway Crypto Trading AI bot

This is a well-made product. I'm literally the worst trader ever and by just connecting my wallet I'm already getting some profit!

10 Reply Share Edit Delete Report
Wisdomise

Outsmart the market with AI-powered wealth management.

Crypto trading

Open

3,168
61

Released 3y ago
No pricing
Share
Kvants

AI-powered hedge fund strategies for everyday investors.

Crypto trading

Open

2,920
66
5.0

Released 2y ago
No pricing
Share
Invalid Request

AI-powered crypto trading simulator for risk-free strategy testing

Crypto trading

Open

205
27
4.5
52

Released 1y ago
100% Free
Share

Promote AI Claim AI New release

Reviews

2.9

Average from 8 ratings.

★ ★ ★ ★ ★ 2

★ ★ ★ ★ 0

★ ★ ★ 3

★ ★ 1

★ 2

Your rating

★ ★ ★ ★ ★

Post

How would you rate Soon app?

Help other people by letting them know if this AI was useful.

Prompts & Results

Title:

Description:

Prompt type*:

Prompt*:

Output type*:

Output*:

Add your own prompts and outputs to help others understand how to use this AI.

Pros and Cons

Pros

Automated crypto investing

Uses dollar-cost averaging

Standard portfolio provided

Takes advantage of micro-opportunities

Sells highest gains automatically

Transfers money from bank

Weekly earnings transfers

Sets aside for taxes

Strict 1 to 1 custody

US Regulatory compliant

Secure and Ethical

Transfers earnings back to bank

Advantage of short-term volatility

Notifications upon spending reimbursement

Bank-grade security protocols

Built-in volatility shield

Customer privacy prioritized

256-bit encryption for data

Supported by Fortress Trust

Reduced exposure to loss

No direct crypto contagion

No leverage of user funds

Returns from dollar-cost averaging

Buy-sell cycle for earnings

Automatic portfolio diversification

Invests in multiple crypto positions

No emotional investing stress

Increases user’s buying power

Reduces emotional decision-making

Facilitates more frequent gains

Aggressively takes available gains

Invests in multiple assets

Capital gains tax consideration

Responsible investment approach

Automates sound investing principles

Partnered with regulated trust

No exposure to recent collapses

Military-grade encryption

Multiple fail-safe mechanisms

Data never sold

Incorporated in the USA

Optimized for frequent transactions

View 37 more pros

Cons

Lacks investment customization

Relies on dollar-cost averaging

Standard portfolio only

No market trend analysis

High frequency transactions

Possibly high transfer fees

Dependent on bank compatibility

No direct crypto control

Limited to US users

High focus on micro-opportunities

View 5 more cons

Q&A

What is Soon app?

Soon app is a fully automated crypto investing tool that allows users to invest in cryptocurrency without the complication of speculating. The tool uses dollar-cost averaging to invest, and it also provides a standard portfolio. The app is designed to leverage the micro-opportunities provided by cryptocurrency through short-term volatility, buying often and selling often during small and large price swings and taking smaller gains more frequently.

How does Soon handle crypto investment?

Soon handles crypto investment using a system of dollar-cost averaging. This means the system spreads the total amount to be invested across periodic purchases of assets in an effort to reduce the impact of volatility on the overall purchase. The app invests regularly irrespective of the price of the digital assets when the transactions occur. This helps reduce the risk of investing a large amount in a single asset at a high price. Soon also utilizes short-term volatility, which involves buying often and selling often during small and large price upswings, which ultimately accrues smaller gains more frequently that accumulate over time.

What is a standard portfolio in Soon?

A standard portfolio in Soon is the predefined set of cryptocurrencies where the users' funds are invested. It eliminates the need for users to do extensive research about what cryptocurrencies to buy. The specific makeup of this portfolio is not disclosed on their website, but it is likely a diversified mix that seeks to maximize return while minimizing risk.

Can you explain how Soon uses short-term volatility?

Soon uses short-term volatility by buying often and selling often during small and large price upswings. This strategy is designed to take smaller profits more frequently, which over time, can accumulate into substantial gains. This approach capitalizes on the micro-opportunities provided by the volatile nature of cryptocurrencies.

How does Soon handle the user's spending?

When a user makes a purchase, Soon is notified and sells their highest gains to cover the transaction. This means, any time a user spends money, the app uses the profit from the user's cryptocurrency investments to cover these expenses. In other words, the user's daily spending is reimbursed with their crypto gains.

How does Soon interact with the user's bank?

Soon interacts with the user's bank by transferring money from the user's bank account to invest in crypto. The app also transfers the earnings back to the user's bank account on a weekly basis. This dual interaction ensures a seamless cash flow between user's bank and their crypto investments, allowing users to get weekly payouts from their crypto gains.

+ Show 14 more

What is the Tax Stash in Soon?

The Tax Stash in Soon is a provision made for the user's capital gains taxes. With every gain that is sold, Soon sets aside a portion of the profit in the Tax Stash. This helps users deal with the fiscal responsibilities that come with capital gains from cryptocurrency trading.

What does 1 to 1 custody policy mean in relation to Soon?

The 1 to 1 custody policy in Soon implies that for every cryptocurrency denomination displayed within the app, the exact matching amount is held in the user's wallet. It shows that Soon gives users complete ownership of their investment, mitigating any risks associated with lending or fractional reserves.

Is Soon a safe and secure tool?

Yes, Soon is a safe and secure tool. The assets are held solely in the US, meeting all regulatory requirements. The app also operates with a strict 1 to 1 custody policy, ensuring that the exact amount of cryptocurrency denomination presented in the app is what is held in the user's wallet. Furthermore, the wallet is managed within a regulated trust, and no user funds are hosted on or supported by external exchanges.

How does Soon manage compliance issue related to crypto?

Soon manages compliance issues related to crypto by operating solely within the US regulatory framework and meeting all its mandatory requirements. The funds of users are not leveraged for undisclosed, risky, or foreign ventures. With a strict 1 to 1 custody policy, Soon ensures every crypto denomination shown in the app matches the exact amount held in the user's wallet, mitigating regulatory risks.

What is dollar-cost averaging as implemented by Soon?

Dollar-cost averaging, as implemented by Soon, involves spreading out investments over regular intervals to reduce the impact of volatility. Rather than trying to time the market, Soon invests the same amount of dollars in crypto at each interval. This method allows the buying of more crypto when prices are low and less when prices are high, reducing the average cost over time.

Does Soon automate all aspects of crypto investing?

Yes, Soon automates all aspects of crypto investing. The app uses dollar-cost averaging to spread out investments over time, minimizing the impact of market volatility. When users spend, the app is notified and covers the transaction by selling their highest gains. Soon also provides a standard portfolio, eliminating the need for users to decide what cryptos to buy. Finally, the app also takes care of moving money between the user's bank and their crypto investments, as well as setting aside a portion of each gain to cover potential capital gains taxes.

How does Soon address market fluctuations?

Soon addresses market fluctuations with its technique of leveraging short-term volatility. The tool is designed like an automated day-trading app, buying often and selling often during small and large price swings. By doing this, it can take smaller gains more frequently that add up over time. Also, by automating the investment process, Soon circumvents the emotional stress associated with volatile market trends.

What kind of gains can I expect with Soon?

Based on their website, the average returns of Soon's users from June to December 2022 were approximately 11.9%. These returns take into account inbound transfer fees but not outgoing transfer fees. It should be noted that past returns are not a guarantee of future performance, and investing always carries the inherent risk of loss.

What kind of investment principles does Soon follow?

Soon automates sound investing principles like dollar-cost averaging, diversification, and non-prediction. The tool enhances probability by investing in and tracking hundreds of crypto positions each month. When users spend, Soon checks markets to aggressively take advantage of gains that might be available. By constantly selling available gains, the app can also reduce exposure to loss. It keeps value in crypto just long enough to take gains, but not so long as to miss out on opportunities.

How does Soon manage crypto positions?

Soon manages crypto positions by investing in and tracking hundreds of different positions each month. These positions are opened and closed daily at different price points and across different assets. When a user makes a purchase, Soon checks the markets to aggressively snap up any gains that might be available. This strategy keeps users' exposure to cryptocurrency at a minimum, to avoid missing out on new opportunities.

What is the Wallet Management in Soon?

Soon manages the user's wallet within a regulated trust, ensuring the highest security and compliance with regulations. The strict 1 to 1 custody policy safeguards that for every cryptocurrency denomination displayed in the app, the exact matching value is held in the user's wallet. The funds are not leveraged for undisclosed, risky, or external operations ensuring the wallet remains secure.

How does Soon handle exposure to FTX or other recent collapses?

Soon has no direct exposure to FTX or any other recent collapses. No user funds are hosted on or supported by external exchanges. This strategy buffers Soon and its users from potential contagion risks arising from third-party platforms.

What security measures does Soon have in place?

Soon is built with comprehensive security measures. It uses military-grade 256-bit encryption to protect user data and financial information. Furthermore, the developers have bank-grade security experience, with multiple fail-safe mechanisms installed to ensure user assets remain as safe as possible. The tool and its partner entity, Fortress Trust, comply with all regulatory requirements, further ensuring the safety of users' assets and information.

Who provides custodial services for Soon?

Soon is supported by Fortress Trust for providing custodial services. Based solely in the USA, Fortress Trust is one of the most trusted partners in the crypto industry, offering secure custodial services that ensure the safety, security, and compliance of the digital assets held by Soon users.

Ask a question

Submit

Search

Soon app

Overview

Releases

Pricing

Top alternatives

Related topics

Reviews

How would you rate Soon app?

Prompts & Results

Pros and Cons

Pros

View 37 more pros

Cons

View 5 more cons

Q&A

Search

Overview

Releases

Pricing

Top alternatives

Related topics

Reviews

How would you rate Soon app?

Prompts & Results

Pros and Cons

Pros

View 37 more pros

Cons

View 5 more cons

Q&A

Help

People also viewed

Feedback and Incident Report

AI Options

Create AI Tools

Mini Tool

Vibe code an AI Tool