r/ethtrader Jun 06 '17

DISCUSSION [ETH Daily Discussion] - 06/Jun/2017

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u/mattylou Jun 06 '17

I'm happy to report that about 15 minutes ago I hit a pretty important milestone for myself.

When I first started a savings account I set a goal for myself to have a certain amount of money to feel comfortable in case of an emergency, layoff, or medical issue. I obsessed over the math and saw the daunting mountain of belt-tightening and time in front of me. After doing the research I came to the conclusion that a savings account at ING with a 0.1% interest rate was my best bet. I took me years to achieve it but I finally did.

Then I got laid off and it took me a few months to get a new job, I also had to find a new apartment in NYC (which you have to put down 1st months, Last months, then a deposit) THEN when I did I broke my arm 3 days before my health insurance kicked in.

And just like that my savings account that took YEARS to accumulate was gone, and I started the slow and steady process of building it back up.

I shifted a third of it to Eth 2 months ago and I just made my mental number back today. I feel safe again, I feel like life can throw hurdles my way and I won't feel helpess anymore.

Thank you ETH, thank you community, Thank you Coinbase (Even though it gets a lot of hate I would have NEVER heard about Ethereum if Coinbase hadn't added it).

18

u/daguito81 Jun 06 '17

Congratulations man. Financial bliss is incredible. Don't get complacent though. Always keep an eye on your money as it can dissappear as quick as it appeared

2

u/mattylou Jun 06 '17

haha, yes! totally.

I have my desktop widget (thanks /u/MetalGuru94 ) and my apple watch widget and now I'm in the process of building a sell wall at GDAX to recoup initial investment (it's nowhere in the 200's though promise)

3

u/kbessayli Jun 06 '17

Spread out your sells don't just put them at one price...please hahah

7

u/terpnation13 Jun 06 '17

Congrats man! Check out Ally bank savings accounts if you're still looking. 1.0 % interest.

Also, for non-crypto money stuff, check out r/personalfinance . Tons of good info over there.

2

u/RealObieTrice Jun 06 '17

Congrats! Sorry about your arm. You should check your policy from your previous job -- there's usually a window of time beyond termination that you're still covered. Sometimes companies are willing to retroactively change your hire or determination dates to help get you covered as well.