Getting Started with Baskets

what is an ai basket? an ai basket is sagemaster's portfolio management solution that allows you to invest in multiple cryptocurrencies simultaneously through a single, managed collection rather than trading individual assets, you can gain exposure to groups of cryptocurrencies organized by themes, sectors, or strategies link https //youtu be/1vwmutqlgvk?si=npu5nnsnffv8pv6i key concept think of an ai basket like an index fund or etf in traditional finance, where instead of selecting and managing individual stocks, you invest in a collection representing a market segment or strategy step 1 access the ai basket feature log into your sagemaster account navigate to the "ai basket" section from the main menu view existing baskets or explore preset options, read more here https //docs google com/document/d/1thzjebt ef ivsbcyxmbu8ousxs jhwgondtrsfj1cw/edit?usp=drive link community mentored baskets collections guided by insights from experienced community members or based on public portfolios, offering collective wisdom key features thematic exposure gain access to specific sectors or themes within the cryptocurrency market, aligning with your interests or strategies optimized allocation initial allocations are determined using principles inspired by modern portfolio theory, aiming to balance potential returns and risks effectively ease of management manage a group of assets collectively, simplifying tracking and adjustments defined risk levels each basket comes with a specified risk level, helping you choose one that aligns with your comfort zone step 2 choose your approach option a use a preset basket browse presets use filters to sort baskets by exchange or performance period (1w, 1m, 3m, 6m, 1y) review performance for different timeframes view asset allocations and strategy descriptions explore section select a basket click on a basket to view full details review the performance chart, allocation table, and strategy explanation check historical performance and contained assets set initial investment enter your desired investment amount review the estimated historical returns (for informational purposes only) configure settings enable auto buy if you want regular additional investments note that preset baskets include weekly rebalancing (mondays at 00 00 utc) activate your basket review all settings and confirm click "start" to finalize your investment option b create a custom basket initiate creation click "create basket" button name your basket for easy reference basic configuration select quote currency (e g , usdt, usdc) set initial investment amount choose your exchange select assets and allocations add cryptocurrencies to your basket set percentage allocation for each asset (must total 100%) the platform ensures proper distribution according to your specifications configure automation (optional) auto buy enable scheduled purchases set amount per cycle (e g , $100) choose frequency (daily, weekly, monthly) select specific days/times auto rebalance maintain target allocations set rebalancing frequency review and launch confirm all settings and allocations click "create basket" to activate more info https //docs sagemaster io/marketplace/chapter 5 getting started with the ai basket step 3 monitor and manage your basket dashboard view track performance from your ai basket dashboard performance metrics view gains/losses over different timeframes allocation view see current asset distribution compared to targets event history review all basket activities including auto buys and rebalances key benefits of ai baskets simplified diversification gain exposure to multiple assets without selecting each individually automated management let the system handle complex portfolio maintenance strategy consistency execute investment strategies without emotional interference time efficiency manage multiple positions simultaneously with less manual work "i have 2 views on diversification if you are a professional and have confidence, then i would advocate lots of concentration for everyone else, if it's not your game, participate in total diversification the economy will do fine over time " — warren buffett happy trading! the sagemaster team