Protecting Users from Erroneous Investment Decisions

Most humans are not good investors; crypto users are no exception. With 97% of crypto day traders ultimately losing money, the best decision that the vast majority of crypto investors can make is to buy in passive investment instruments, generating stable and risk-free returns. With all the investments being predicated on a simple thesis of “buying low and selling high”, most of the traders behave the opposite way. One of the leading causes of investment loss is a so-called herd mentality. All financial markets are subject to volatility, sometimes severe, causing rapid sell-offs. Many investors fall prey to their emotions and jump into the sell-off bandwagon, catching a falling knife and driving the price of the security further down, closing their trade with a net loss.

Opulence is a protocol for users willing to preserve their funds, while enjoying greater than average risk-free returns. We propose the Opulence Token ($OPLL) to be included in a basket of safe haven assets that any investor who wants to hedge against the bear market and ride the bull market should own. Opulence caters well to those who need to preserve and multiply their wealth and is not financially savvy to compete in traditional financial markets.