StepsInvesting: Walk & Invest

Invest with every step you take

152 followers

Invest with every step you take

152 followers

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Investing

StepsInvesting is an auto-investment app for crypto, powered by your daily steps. You can invest a specific amount, such as $1 for every 1,000 steps. The number of steps you walk each day determines your daily investment amount.

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Launch tags:Health & Fitness•Investing•Crypto

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StepsInvesting: Walk & Invest

Maker

📌

Hey Hunters and Makers! We’re super excited to introduce you to StepsInvesting! 🎉 StepsInvesting is an app that simultaneously improves two crucial aspects of our lives: health and wealth. Just walk and stay active—your daily steps will drive your investments. How It Works: 1. Set Your Investment Rate: Choose how much you want to invest per 1,000 steps—like $1 for every 1,000 steps. 2. Create Your Portfolio: Pick from the top 20 cryptocurrencies to build your investment portfolio. We’re also adding traditional stocks and ETFs soon. 3. Invest as You Move: The more you walk, the more you invest. For example, if you walk 10,000 steps in a day and set $1 per 1,000 steps, $10 will go into your investments. Simple as that! Balancing health and wealth can be challenging. Typically, we use one app for tracking fitness and another for investments, making it easy to lose track of both. StepsInvesting merges them into one cool app, so you never forget to focus on either and can improve them simultaneously. We’d love for you to give StepsInvesting a try and share your thoughts. Your feedback will help us make the app even better. Let’s take steps toward a healthier, wealthier future together!

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2yr ago

Zipy

@steps_investing congrats. Just wanted to clarify - is the app paying us $1 in crypto investments per 1000 steps, or is it our own money we invest. Trying to understand what till motivate people if they are investing their savings only and not gaining anything from the app. Apps like SSG give credits and freebies to people who achieve step goals, so wanted to understand what's your model. Anyway - all the best!

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2yr ago

@steps_investing StepsInvesting presents an interesting concept of gamifying investing by linking it to physical activity. By incentivizing users to invest based on their steps, you're addressing two important aspects of personal well-being: health and financial growth. Key Questions: - How does StepsInvesting determine the allocation of funds across different cryptocurrencies or stocks within a user's portfolio? - What measures are in place to manage investment risks, especially considering the volatile nature of cryptocurrencies? - How is user data (steps, investment information) protected and secured? Potential for Improvement: - Incorporating social features like challenges or leaderboards could increase user engagement. - Providing educational content about investing and financial literacy could enhance user understanding. - Collaborating with fitness trackers or wearable device manufacturers could expand the user base. As a developer, I'm interested in the technical aspects of investment allocation and data security. If these areas align with my skills, I'd be happy to contribute to future development. Overall, StepsInvesting offers a unique approach to investing. Addressing investment strategy, risk management, and user education could further enhance its value proposition.

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2yr ago

StepsInvesting: Walk & Invest

Maker

@msnkarthik Thank you for the comment. We're an auto-investment app where you invest your own money, and occasionally, we offer rewards. While similar to other auto-investment apps like Acorns and Stash, our main difference is that you need to be physically active to make an investment. This approach not only helps you stay engaged with your finances but also encourages you to maintain your fitness.

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2yr ago

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Congrats on the launch! I do like this idea. It's a cool way to connect your physical activity to saving. It does seem like a perverse incentive, though, in so far as investing your own money disincentivizes walking as it reduces your short-term spendable cash. Are the investments only in crypto? That would be the most difficult part for me. What countries do you support?

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2yr ago

StepsInvesting: Walk & Invest

Maker

@jack_michalak Thank you for your insights! Currently, we’re available in the US, with plans to expand to Canada and the EU later this year. It’s true that investments can reduce immediate cash flow, but they offer significant long-term benefits, especially with consistent use. We’re also working on adding stocks and ETFs to broaden our investment options beyond cryptocurrencies.

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2yr ago

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@steps_investing I agree 100%, I just think you'll have to be careful to make sure it's phrased in the right way to avoid it looking like a cost. Psychology can be weird sometimes. Wishing you all the best!

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2yr ago

Maker

StepsInvesting was born from our desire to make it easier for everyone to focus on both health and financial growth. We believe small, consistent steps can lead to significant, long-term benefits. We can't wait to hear your feedback and continue improving together!

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2yr ago

Mailfox

@steps_investing Very interesting and creative idea 👏🏻 Two questions. 1. Where do you get the data? (on iPhone from the health app I guess?) 2. Walking and investing is probably a lot of fun in a bull market. What happens in a bear market, how do you handle this situation in the UI, because I could imagine this could become an emotional problem when people walk, invest but their portfolio goes down. Congrats on the launch 🚀

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2yr ago

StepsInvesting: Walk & Invest

Maker

@crebuh Thank you, Christofer. Great questions. 1. We get your step data from HealthKit on iOS and Health Connect on Android devices. 2. We offer an option to simply save your money instead of purchasing cryptocurrency or stocks, allowing you to switch if the market is bearish. Currently, it doesn’t offer any interest, but we’re working on adding a competitive interest rate for the savings feature.

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2yr ago