It is the goal of Golden Rock Investment, to help users enter and navigate the cryptocurrency space, and provide tools to help users make their own sound decisions relative to growing their wealth. Services are intended for medium- and long-term investors.
2.1 Account creation
Golden Rock Investment will create the necessary crypto exchange accounts on behalf of, and with permission of the user. Once account set-up is complete, users are provided with the account credentials and password change instructions, at which point users will have full control over their account. Users are the full and sole owner of their exchange accounts and carry all responsibilities that come with opening, holding, and managing such accounts.
2.2 Asset allocation
Golden Rock Investment uses dynamic, proprietary algorithms to define and perform portfolio allocation, based on user input. Manual trades or transactions conducted by users may limit Golden Rock Investment’s account monitoring and reporting ability.
2.3 Fund deposits and withdrawals
Users are responsible for depositing and withdrawing funds to/from their account, however Golden Rock Investment will provide clear instructions on how to do so.
2.4 Account monitoring and reporting
Golden Rock Investment will continuously monitor user accounts and provide users with a monthly dashboard with easy-to-understand portfolio and performance details.
3.1 Fee structure
Golden Rock Investment offers different plans: freemium, and performance fee. The freemium plan is totally free and offers limited functionality.
If you choose the performance fee plan, you pay a one-off set-up fee of Eur 59, after which we won’t charge you anything until you hit 10% profit. The moment that happens Golden Rock Investment will charge you a 15% performance fee over the realized gains, and the baseline is set to the portfolio value. For example: you invest Eur 5,000 and after a while your portfolio is worth Eur 5,500 (10% profit). You will receive an invoice for the amount of Eur 75 (500 profit * 15%), and the baseline is set to Eur 5,500. To hit 10% again, your portfolio needs to reach Eur 6,050 (5,500 + 10%).
Our customers especially like the no-profit-no-pay model as it means that Golden Rock Investment only gets paid if the customer wins. We like this also!
3.2 Promotions
Golden Rock Investment reserves the right to apply promotional discounts to the fees listed under 3.1. This is completely at Golden Rock Investment’s discretion.
3.3 Other fees
Golden Rock Investment does not charge any additional or hidden fees. For any transaction or trading fees that may be charged by cryptocurrency exchanges and/or banks, users accept full responsibility.
4.1 Infrastructure
Golden Rock Investment is powered by Google Cloud. Google Cloud helps reducing the cost, complexity, and risk associated with security and compliance in the cloud.
4.2 Exchanges
Golden Rock Investment thoroughly vets its partners and only works with major “top-10” exchanges. User funds remain on their personal exchange account and interactions between Golden Rock Investment and user accounts are performed by means of customer owned API keys. API access is limited, hence in the unlikely event of a security breach, no fund withdrawal can take place.
5.1 Financial advice
Golden Rock Investment does not provide financial advice. Golden Rock Investment is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Bank, Securities Broker, Commodity Trade Advisor, or Financial Planner. The information provided, such as optimal fund allocation, is based on user input and for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using Golden Rock Investment, users should seek the advice of a qualified investment professional and undertake their own due diligence. Golden Rock Investment is not responsible for any investment decision made by users.
5.2 Warranties
Golden Rock Investment disclaims to the full extent authorized by law any and all warranties, whether express or implied, including, without limitation, any implied warranties, merchantability or fitness for a particular purpose. Golden Rock Investment does not warrant that its services and applications will be free of bugs, errors, viruses or other defects, nor that trade results will be profitable.
5.3 Liability
In no event can Golden Rock Investment or any of its owners be liable to users or any party related to users for any indirect, incidental, consequential, special, exemplary, or punitive damages, lost profits, or losses, even if Golden Rock Investment has been advised of the possibility of such damages. In any event, Golden Rock Investment’s total aggregate liability to users for all damages of every kind and type (regardless of whether based in contract or tort) shall not exceed the fees paid to Golden Rock Investment for the use of our services or applications.
Investing in any asset class, including crypto currencies, holds numerous risks, for example: technology risks, exchange risks, security risks, regulatory risks. Before deciding to leverage Golden Rock Investment services, users should carefully consider their investment objectives and risk appetite. The possibility exists that users lose some or all of their initial investment and therefore no money should be invested that users cannot afford to lose.
As with any market, for a transaction to happen it requires a seller, a buyer, and a price agreement. Loss-limiting strategies such as stop-loss orders may not be effective because market conditions or technological issues may make it impossible to execute stop-loss orders. Golden Rock Investment is not responsible for any losses incurred as a result of using Golden Rock Investment’s advisory services.
Golden Rock Investment is fully compliant with GDPR (General Data Protection Regulation), an EU regulation enforceable as of May 25, 2018. Golden Rock Investment stores the minimum possible amount of user data necessary to deliver its services. Stored user data includes: name, date of birth, country of residence, email address, and exchange API keys (encrypted). User data will never be shared with any third party before explicit user consent. Users have the right for their user data to be forgotten, which can be requested over email.
The User understands and agrees to the preceding sections. The User also agrees to the following: