Shrimpy Reviews

YouNeedABudget Reviews

Shrimpy mentions (6)

• Should a crypto index contain stablecoins?

  I'm considering setting up an automatic crypto index/automatic portfolio rebalancer for a portion of my holdings, and I'm playing around a bit with the tools at shrimpy.io. My plan is to include some of the top coins by marketcap and some coins that I believe in long term. I want the portfolio to rebalance by threshold, meaning that whenever a coin gains or loses value beyond a set percentage, the entire portfolio... Source: almost 2 years ago

• Can anyone suggest me any social trading platform?

  Nobody mentioned https://shrimpy.io yet – it's a pay to play thing, but it's spot-on exactly what you're asking for, and it also has utility for rebalancing even when you are not "copy-trading.". Source: over 2 years ago

• Weekend Discussion Thread for the Weekend of October 22, 2021

  Hello All, I am looking for a platform like shrimpy.io but for stocks. I want to connect the platform using API with my stockbroker and create a weekly portfolio of stocks that will automatically place trades for me for ratio selected and execute stop loss when it reaches a level of loss. Good to have automatic sell all on take profit too. Any recommendations? Thanks in advance. Source: over 2 years ago

• What’s your dream portfolio for rebalancing? Here’s mine.

  But please let us pick our rebalancing strategy! As in threshold rebalancing or frequency balancing. Threshold rebalance will rebalance when 1 asset deviates +/- % from it's target allocation %. Frequency balancing just rebalances every N days, N weeks, or N months. Also having a stop loss ability would be great, like if the portfolio value drops N % it triggers a stop loss. At least these are key features to how... Source: about 3 years ago

• Just looking for a level headed explanation on how this happens. So many stocks (especially heavily shorted ones) took IDENTICAL dips at 12:20pm eastern

  Shrimpy just watches the profiles of good crypto traders and lets you subscribe portions or all of your portfolio to them. I think their incentive, besides earning their own money in the market, is shrimpy pays them based on how many subscribers they get etc. http://shrimpy.io I was skeptical as fuck at first but actually even as crypto was crashing these guys navigated things pretty well, a lot better than I... Source: over 3 years ago

YouNeedABudget mentions (55)

• Is $250 a month in disposable income livable for a family of 3?

  You'll be going into a tight budget time, so get a really good system in place. If you don't have that you love already, I recommend YNAB (youneedabudget.com). It's envelope based and is really good for planning ahead for irregular expenses and for "rolling with the punches" if something comes up. It works differently than traditional monthly budget, so take time to use all the resources to learn the system. ... Source: about 1 year ago

• LPT Request: What is your favorite life hack that has saved you money, time, or made your day-to-day activities easier?

  I also said in a comment below, I use YNAB to track my financial life. This strategy only works if you have enough confidence in your finances to know that if I gave you a card with 100k credit limit, you would never spend more on it than what you have in your bank and has been budgeted for. If not, I cannot overstate how important it is to get your budget in order beforehand. There’s zero money saved if you pay... Source: about 1 year ago

• Fund future vacations

  If you aren’t already giving every dollar you make a job, earning more money will only get you so far. Check out YNAB, read all the free content about learning to plan and budget. Source: about 1 year ago

• Tracking savings goals

  Track it by hand or in software. I started out with just a spreadsheet, but since then moved my whole budget to YNAB (youneedabudget.com), where you track all your individual savings goals as well as how your money will be used to cover regular (and irregular) expenses. Now the whole plan is in one place, and covers everything from how much is set aside for gardening supplies for this summer to the big... Source: about 1 year ago

• My grandfather passed away and left me 25k. I have next to no savings and I owe money on a couple credit cards and a car. Almost 40, how do I maximize this?

  Aside from all the other advice, get a subscription to YNAB (youneedabudget.com) and start using it religiously. It will help prevent any backsliding and will put you in a much better financial situation going forward. Source: about 1 year ago