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StepsInvesting — Invest with every step you take
StepsInvesting makes investing simple and fun by linking it to your daily steps. Set a rate, like $1 for every 1,000 steps you take, and watch your investment grow with your activity. The more you move, the more you invest, blending fitness with finance.
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@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!
@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.
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!
@aden_will Thank you, Aden. Dollar-cost averaging is a low-risk method that helps manage market volatility. By maintaining a consistent daily walking routine, you'll effectively achieve dollar-cost averaging in your investments over time, regardless of daily step variations. We’re also planning to introduce features such as savings with competitive interest rates to use during bearish markets, as well as portfolio rebalancing.
Regarding a trial option, our app is completely free to use. You can turn off the auto-investing feature and simply track your steps and estimated investment amounts.
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?
@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.
@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!
@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 🚀
@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.
How do you ensure the accuracy of your investment projections? Congrats! product looks impressive.
@steps_investing oh cool! didn't connect that you were acting as broker here. i imagine pfof is a rev opportunity too then...
@mark_curz All our data is encrypted using AES-256, and all network traffic to our database is protected by TLS. This ensures that your investment data is secure and well-protected.
This is such a cool idea! I love how StepsInvesting merges fitness with investing—talk about a win-win! Can’t wait to give it a go and see how my daily steps translate into investment growth. Plus, picking from cryptocurrencies sounds super fun! Keep up the awesome work, @steps_investing! Looking forward to those traditional stocks and ETFs too!
@blankwebdev Thank you for your support! We believe that taking care of our health is just as important as managing our finances, and we're excited to see how our app can help with both. Once you try it out, we'd love to hear your feedback. Thanks again and stay tuned for more updates!
@jsteneros Thank you! We’re glad you think so. We’re excited to bring a fun and innovative approach to both fitness and investing.
I have a friend who, for the last 2 years, has been taking daily 10k step walks. Just imagine how sad he’s going to be when he realizes how much money he didn’t get haha
@anastasiia_stepko That’s a great point! Maybe he’ll start now and make up for lost time! 😄 It’s never too late to improve both health and finances.
It’s so hard to create a memorable logo for a new venture. You’ve pinned in! Great logo!
Hey Tuu Ba,
This is a fantastic concept! The idea of blending fitness with finance is both unique and practical.
I'm curious, how do you ensure the security of the investment transactions linked to daily steps?
Congrats on the launch!
@kyrylosilin Thank you for your support and for asking such an important question! We prioritize the security of your investment transactions. We don’t access or save any bank information and use the same tokenization service for payment processing as companies like Coinbase and Robinhood, so your bank info is secure. For cryptocurrencies, we store 85% of assets in multisig cold wallets to ensure their safety. Additionally, we’re partnering with a reputable, regulated investment firm to offer stocks and ETFs. Thanks again and stay tuned for more updates!
Hey @steps_investing
StepsInvesting is a cool idea! It turns walking into investing. You decide how much money to invest for every 1,000 steps you take. So, the more you walk, the more you save. It's like getting paid to be healthy. Fun and smart!
It offers a fresh approach to financial planning. The simplicity of their investment strategies is a big plus!
@anthony_adams_ Thank you! We’re thrilled that you appreciate the fresh approach and simplicity of our investment strategies.
StepsInvesting: Walk & Invest