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RE: Cryptocurrencies and the FIRE movement - Parallels and differences

in #fire7 years ago

ahh the luxury! I am in love with any concept that leads to work-optional lifestyles where I could be guided by my whims only. The problem for me is that It all comes from a need to reduce my physical anxiety and sadly dealing with money issues (even the saving and making of money!) do nothing to help with this - i just get over excited or anxious or angry (usually with the technology) and then wind up in negative states. I suppose I should probably just give my monies to someone else to invest for me....are there any trusted services of this sort out there?

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There are fixes for all of the above :)
My favorite fix for the worries and anxieties is fastereft.com :)

Getting rid of them and learning to trust yourself is much better than trusting someone else with your money. That trust (in our current financial system) comes with very high commissions and annual fees :)

In the crypto realm I would suggest a hybrid - the Emberfund app.
You’re required to know how to put Bitcoin in and how to keep your private keys safe, but for the rest it does most of the trading for you. You may have to push a button a couple of times per month when you get a notification - depending on which portfolio you pick - but for the rest you can just watch your funds grow :)

I’ve made a few posts on my blog about it and will make a few more. This app is the best thing since sliced crypto bread 😄

Posted using Partiko iOS

ooh that emberfund sounds amazing! Ive been waiting for something to replace sliced bread.... x
I'll make sure I check that out : ) thanks anja x

Ha ha :) Let me know if you have any questions - I've been using it for a few months now.

What kind of return are you getting?

It fluctuates of course, but today I'm up by 33% (after two months). I've been in the 40%'s already, but of course it goes up and down.

It's definitely a lot more than I'm achieving by simply hodling, especially during a bear market :) Some of the coins in the Marius portfolio for example, I had never even heard of. He has a skill to spot the super high potentials.