A new service is in beta called Coinflash. The service provides a unique way to save cryptocurrencies. The service looks at your credit card purchases and rounds your account to the nearest dollar. Then you can allocate a monthly or weekly purchase into your Coinbase currency of choice.
While I am always cautious about any new financial service, or any new service to me that touches my finances this service looks promising if you forget to invest, but have a good sized wallet.
Interesting idea. Most people are undisciplined about saving/investing, so this could be a good way for many to invest in cryptos without feeling it. Not for me, but I think it would appeal to many.
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I agree that I probably wouldn't take this approach especially if you are trying to be sensitive to the market. But for all my friends who keep telling me, "I meant to buy a bitcoin back in....". If I hear one more of those stories, lol. Then they should line up to sign up for this service and maybe get some LTC or ETH.
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Hmm - good way for cryptos to enter the mainstream possibly?
Good post @aeonoftime.
Upvoted and followed!!
Be sure to check out the latest episode of Crypto Nights and let me know if you have any comments/questions!
Alex
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