Image credits: https://www.flickr.com/photos/68751915@N05/6736135095
Saving money is always a hard thing to do. I have a solution for that (I think), and I'm going to apply it.
Well, All you know everyday we get coins after shopping, and all of us think that "what if I collected all those coins for 5 years, Would I bought a car?" Maybe yes, maybe no. I don't know yet. I'm just starting now on.
What's my method to buy a car (not in 5 years but) in a year?
I decided to collect my coins in 2 different piggy banks, (yeah in fact only 1). I'll collect my coins in one piggy bank and won't touch it till it's next Monday. Then I'll calculate it and buy some cryptocurrency. Maybe a few Steem backed dollars or fraction of bitcoins or thousands of dogecoin. I don't know yet. I'll decide to buy it next monday.
What to do with these cryptocurrencies?
Of course I'll HODL them in cold storage. (I mean paper wallet of course).
After a week (I mean next monday), I'll transfer last week's coins into another piggy bank and it'll be spendable. So I will be able to buy some candy, bread or something else.
How to track progress?
I can write them down into a spreadsheat or I can just code some simple program to track value over time. (If I find enough time. I'll code it in python and it'll be open source).
I think all you should give this method a try. I'll post weekly updates on this topic.
See you guys!
You can use the cryptocompare.com their portfolio, it still is free to use! Good post! Keep up the good work!
They provide API, I might use it to check values of coins. Thanks for sharing valuable info!
Yes, you can make a portfolio, add Coin amount, date, price and then you have a really nice interface and you can see your portfolios performance! They even have a sell option, so you can keep track about losses or Profit u realized!
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