Question 1

How does Soon.app's automated buying and selling work?

Accepted Answer

Soon.app automates cryptocurrency purchases at regular intervals using dollar-cost averaging. For selling, it uses AI, randomized asset checks, user spending activity, and anonymized crowdsourced data to find optimal times to sell profitable assets.

Question 2

What is the role of AI in Soon.app's automated trading?

Accepted Answer

Soon.app uses AI to help determine when to sell assets based on market conditions and user spending habits. However, it does not offer individualized investment advice.

Question 3

How does Soon.app handle portfolio management and diversification?

Accepted Answer

Users can use Soon.app’s default portfolio or select their own assets from available exchanges. The automated selling strategy rebalances the portfolio based on spending activity, similar to dollar-cost averaging.

Question 4

How does Soon.app facilitate tax tracking and reporting?

Accepted Answer

Soon.app tracks all transactions and provides a simplified document for filing capital gains taxes. The "Tax Stash" feature automatically sets aside a portion of gains for tax liabilities, and premium users have access to tax-loss harvesting.

Question 5

Does Soon.app integrate with multiple cryptocurrency exchanges?

Accepted Answer

Yes, Soon.app connects to multiple trading platforms, allowing users to manage investments across various exchanges from a single dashboard. The platform partners with Mesh to securely manage exchange credentials.

Question 6

What is the "Auto-Pilot" investing feature, and how does it work?

Accepted Answer

The Auto-Pilot feature simplifies setting up Soon.app's automated selling tools. Users can quickly configure investment settings and use default strategies or customize them.

Question 7

What reinvestment options are available on Soon.app?

Accepted Answer

Premium users can reinvest their earnings back into their Soon.app account, allowing for compounding gains using the same automated dollar-cost averaging method used for buying.

Question 8

How does Soon.app's stop-loss functionality work?

Accepted Answer

Soon.app offers a stop-loss feature, which helps users minimize potential losses by automatically selling assets that fall below a predetermined threshold. This feature is designed to reduce risk and protect investments.

Question 9

What is the user interface like on Soon.app?

Accepted Answer

Soon.app is designed with a user-friendly interface, making the platform accessible to users of all experience levels. A dashboard provides a clear overview of investment progress and configuration settings.

Question 10

What are the different pricing tiers available for Soon.app?

Accepted Answer

Soon.app offers multiple pricing plans to cater to different investment needs and levels of engagement. These plans may vary in features and costs. A monthly and yearly subscription is available, with a discount for annual purchases.

Question 11

How does Soon.app's automated buying and selling work?

Accepted Answer

Soon.app automates cryptocurrency purchases at regular intervals using dollar-cost averaging. For selling, it uses AI, randomized asset checks, user spending activity, and anonymized crowdsourced data to find optimal times to sell profitable assets.

Question 12

What is the role of AI in Soon.app's automated trading?

Accepted Answer

Soon.app uses AI to help determine when to sell assets based on market conditions and user spending habits. However, it does not offer individualized investment advice.

Question 13

How does Soon.app handle portfolio management and diversification?

Accepted Answer

Users can use Soon.app’s default portfolio or select their own assets from available exchanges. The automated selling strategy rebalances the portfolio based on spending activity, similar to dollar-cost averaging.

Question 14

How does Soon.app facilitate tax tracking and reporting?

Accepted Answer

Soon.app tracks all transactions and provides a simplified document for filing capital gains taxes. The "Tax Stash" feature automatically sets aside a portion of gains for tax liabilities, and premium users have access to tax-loss harvesting.

Question 15

Does Soon.app integrate with multiple cryptocurrency exchanges?

Accepted Answer

Yes, Soon.app connects to multiple trading platforms, allowing users to manage investments across various exchanges from a single dashboard. The platform partners with Mesh to securely manage exchange credentials.

Question 16

What is the "Auto-Pilot" investing feature, and how does it work?

Accepted Answer

The Auto-Pilot feature simplifies setting up Soon.app's automated selling tools. Users can quickly configure investment settings and use default strategies or customize them.

Question 17

What reinvestment options are available on Soon.app?

Accepted Answer

Premium users can reinvest their earnings back into their Soon.app account, allowing for compounding gains using the same automated dollar-cost averaging method used for buying.

Question 18

How does Soon.app's stop-loss functionality work?

Accepted Answer

Soon.app offers a stop-loss feature, which helps users minimize potential losses by automatically selling assets that fall below a predetermined threshold. This feature is designed to reduce risk and protect investments.

Question 19

What is the user interface like on Soon.app?

Accepted Answer

Soon.app is designed with a user-friendly interface, making the platform accessible to users of all experience levels. A dashboard provides a clear overview of investment progress and configuration settings.

Question 20

What are the different pricing tiers available for Soon.app?

Accepted Answer

Soon.app offers multiple pricing plans to cater to different investment needs and levels of engagement. These plans may vary in features and costs. A monthly and yearly subscription is available, with a discount for annual purchases.

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