This help article is meant to serve as a Glossary for Shrimpy Advisory, and will provide definitions for the various words and ideas you'll come across while using Shrimpy Advisory.
A Portfolio is the collection of all cryptocurrencies in a client's Shrimpy Advisory account. This includes the allocations of the individual cryptocurrencies inside each of the baskets.
The Strategy refers to the overall way that we manage a client's portfolio. This includes the progressive tiers, the allocation we assign to each basket, the rebalances we run, and more. Anything that pertains to how we manage your portfolio is considered part of your “strategy”.
The Risk Questionnaire refers to the 10-question assessment that every client must complete when they sign up for Shrimpy Advisory which allows Shrimpy Advisory to determine their Risk Tolerance. At any time, clients can retake the Risk Questionnaire by going to their Account Info page and selecting to retake the questionnaire.
Risk Tolerance refers to the investing characteristics of you as an individual. You can be categorized as one of the 5 following groups: Aggressive, Moderately Aggressive, Moderate, Moderately Conservative, and Conservative. Your Risk Tolerance helps dictate the strategy we implement for your portfolio.
Tiers refer to the specific progressive levels that you can be assigned to as the total balance in your Shrimpy Advisory account grows. Each Strategy has 5 tiers, and your tier is evaluated quarterly.
This refers to the quarterly rebalance of your account. During a Portfolio Rebalance, all cryptocurrencies within each basket are rebalanced against each other to attain your target allocations. Additionally, all baskets are also rebalanced against each other during a Portfolio Rebalance. Upon the completion of a Portfolio Rebalance, all baskets and the cryptocurrencies included within them are intended to reach their target allocations. A Portfolio Rebalance also assesses changes to your tier before executing the rebalance.
This refers to how much of the value held within a basket is assigned to each specific cryptocurrency. You are not able to change your Cryptocurrency Allocations.
This refers to how much of your total portfolio value is assigned to each specific basket, as well as the specific cryptocurrencies that make up a basket. While you are able to change how much of your portfolio is assigned to a basket when using a Custom Strategy, you are not able to change basket cryptocurrency selections.
Have questions, comments, or concerns? Feel free to send an email to AdvisorySupport@Shrimpy.io and one of our Support Agents will get back to you as soon as we're able.