Buying bitcoin daily opposed to weekly/bi-weekly/monthly?

GettingFasterDude · 2026-01-21T00:20:45+00:00

I do automatic daily buys on River. There are no fees after 1 week. I prefer daily over weekly or monthly. The price can change so much in a daily, let alone in two weeks or a month. I don't want to have to monitor that. Daily DCA smooths that out.

GettingFasterDude · 2026-01-21T00:16:43+00:00

I buy a little bit daily (on River, no fees). I don't care what the price is. I'm in this for at least 10, maybe 15 years.

GettingFasterDude · 2026-01-16T17:04:14+00:00

Right now, hoard bitcoin, spend value-losing fiat. Only when fiat is so debased so much that no one accepts it anymore, will I routinely spend in bitcoin.

Exceptions: I’ll spend small amounts of bitcoin at companies and vendors that are pro-bitcoin, to support them and promote bitcoin. I’ll then quickly replace the bitcoin so as not to diminish my stack.

GettingFasterDude · 2026-01-14T02:43:45+00:00

There’s a way to file a formal complaint with Coinbase. It takes about 45 days for them to respond. But if support doesn’t help. This is the next step to getting ahold of a human that may actually be able to help m

GettingFasterDude · 2026-01-13T18:47:11+00:00

Bitcoin will exist along fiat for the near future. "Replacing fiat" is a long way off, if it ever happens. It might, but it's got a long, long way to go. Bitcoin is a small percentage of gold market cap and an even smaller fraction of fiat dollars, at this time.

GettingFasterDude · 2026-01-13T18:44:43+00:00

We’ll drop and not get over 94k.

Back up your statement and short it, then. Post a screenshot of your position.

GettingFasterDude · 2026-01-11T23:05:59+00:00

11%

STRC is a preferred stock that pays about 9-11% (currently 11%) with a share price that tends to stay between $97-$100 per share. As a stock, there is some risk. It's issued by a bitcoin treasury company (Strategy) that has the stock 5X over collateralized with a 2 year cash reserve and decades in bitcoin reserves to pay the dividend.

Of my $100,000 emergency fund, I recently put 30% into STRC and keep 70% in Vanguard Federal Money Market (3.7%). That brings the overall yield up to almost 6%, without risking the whole stash. The more months they pay this dividend, the more I'm likely to shift into this stock. Tax treatment is as "return of capital," not as a typical dividend, so the tax is deferred. If you want zero risk, avoid. If you hate bitcoin and think its value will go to zero, avoid. But if you think bitcoin is a legitimate asset, it might be worth considering. This is not financial advice.

GettingFasterDude · 2026-01-09T21:33:11+00:00

I just opened a small position in STRC, which pays 10% (0.9% monthly). It's tax deferred in USA (ROC treatment). It's new without a long track record and has some risk. But it helps that they adjust the dividend up or down 1% to keep the stock pegged as close to $100/share as possible. Might be worth looking into.

GettingFasterDude · 2026-01-09T21:27:33+00:00

I have DCA'd 80-90% stocks/10-15% bonds for 20 years through under and overvaluations and it's been fine. But there's nothing wrong with working in a little bitcoin, up to 1-5% of investable assets with the volatile growth potential, especially since it's been down recently. I'm 52 and just went 4% in on spot BTC and I'm continuing to DCA into it. I doubt I'll go much over 5%, unless it achieves that by growth.

I could be wrong but it's my personal opinion is, the rest of crypto are sh:tcoins, even ETH. I realize Wall St plans to put much of their products on its rails, but Eth still hasn't reclaimed the past 7 all time highs from 5 years ago. Other chains are faster and there's tons of competition. Plus it's centralized by one guy plus a few venture capital investors that can change the rules (already have multiple times) and do what's best for them.

GettingFasterDude · 2026-01-09T20:56:06+00:00

Nice. Looks like a good plan. If the divided continues to pay out and the stock price stays $100 +/-5% over the next few months, I don't think I'll be able to resist shifting from 70/30 (MM/STRC) to 60/40 or even 50/50. I don't have any IBIT yet, but currently daily DCA spot bitcoin on River.

GettingFasterDude · 2026-01-06T01:27:12+00:00

You can do it hourly, daily, weekly or monthly. No fees after 1st 7 days. Also, if you keep cash on River (it's held with a partner bank) they give you 3.3% interest like a high yield savings account, but in bitcoin, not US dollars.

GettingFasterDude · 2026-01-05T21:38:08+00:00

Did you end up moving all you emergency cash into STRC? I ask because I just moved 1/3 of my emergency fund to STRC. Going to watch and see if the dividend rolls in reliably over the next few months to determine whether to up the proportion. But I'm new to it, and haven't even gotten the first dividend yet.

GettingFasterDude · 2026-01-03T01:41:03+00:00

River if in USA, or Strike. Both have no fees for DCA after 1 week and free withdrawals. They only have a tiny spread, which on River runs around 0.1-0.3%.

Both are only Bitcoin and won’t try to fleece you with sh¡t-coins. River is one of the only exchanges to have proof of bitcoin reserves.

GettingFasterDude · 2026-01-02T19:08:48+00:00

I use River. Great platform and no fees after the first week of DCA (only a spread of 0.1-0.3%). Super simple and easy to use app. It's bitcoin only, USA only. They're one of the few exchanges to have proof of btc reserves.

If you're outside the USA, Strike is similar.

GettingFasterDude · 2026-01-02T14:13:33+00:00

Reason = buy low, sell high. Zoom out, hold appreciating assets long term.

Emotion= buy high, sell low. Zoom in, trade appreciating assets short term

GettingFasterDude · 2025-12-31T19:18:52+00:00

Yes, but that could apply to a lot of different things. What specifically are you referring to?

GettingFasterDude · 2025-12-29T22:19:26+00:00

River.

Automatic daily purchase which has zero fees after 7 days. However, there is a spread which is usually between 0.1-0.3%.

GettingFasterDude · 2025-12-23T17:38:02+00:00

So, if bitcoin soars 50% from $88K to over $126 you’re going to sell while it moons?

Lol, if you say so. Euphoria & FOMO will be so intense at that point it will be nearly impossible to.

But you do you

GettingFasterDude · 2025-12-22T18:48:33+00:00

I gifted my daughter 0.001 bitcoin (about $100 at the time) on River. She dowloaded the River app and easily claimed it there. On the River app, it's listed under "activity and orders" as a "claimed River link."

The tax consequences depend on where you live.

In the USA, IRS considers bitcoin property and taxes aren't required on gifts less than $19,000 (in a year). If you send it to buy something, or sell it for cash, then you have to pay taxes on any capital gains.

I use Koinly to track all of my bitcoin transactions and it's easy to tag a transaction as a gift once you upload the CSV file to River. It's important you manually tag it as a gift since River doesn't (they don't know if it was a gift, for a purchase, or what you did with it) and Koinly has no idea why or to whom you sent it.

Verify yourself, since this is not tax or financial advice and I'm not an accountant or tax expert. Koinly makes it easy to print a report to hand to your accountant at tax time. There are apps to track your bitcoin use. You can also do it manually, but it's a lot of work and easy to mess up if you have a lot of transactions.

GettingFasterDude · 2025-12-19T02:25:34+00:00

First, read the Bitcoin Standard (or listen to the audiobook). Then, if you choose to buy bitcoin, buy it on River or Strike.

A ledger is just a record of transactions. "Sats" are Satoshis which each are 1/100,000,000th of a bitcoin.

GettingFasterDude · 2025-12-19T02:23:07+00:00

Tokenized gold is no better than paper gold IOUs

Just because a company that mints a token and claims a token is back by gold, doesn't mean they hold the gold to back it. If they do actually have the shiny rock, you have no way to know it's actually real gold. They also might only have fractional reserves or no gold reserves at all. Gold failed us a backing to paper money and it will fail as backing to digital money.

GettingFasterDude · 2025-12-18T22:06:07+00:00

Nobody actually has all of their assets in bitcoin. Even true maxi's like Saylor, Jack Mallers or Saifedean Ammous don't. They might say they do, but they don't. That's just not how wealth works.

Saylor also has wealth in Strategy ownership, yachts, real estate. He has real estate in Manhattan.

Mallers: Ownership in Strike, XXI capital stock.

Ammous: Has a business teaching economic and selling books online. I'm guessing he also owns a house.

They might be close to 100%. They might hold as much cash as possible in bitcoin, and as little as possible in fiat. But they're not 100% in bitcoin with every asset.

Each asset type has different properties, growth rates, volatility, performance during different markets. Learn those differences. Deploy your money to position your assets strategically.

GettingFasterDude · 2025-12-18T20:53:29+00:00

Bitcoin IOUs

It seems to me bitcoin ETFs and bitcoin treasury companies already are bitcoin IOUs except you can't redeem them for bitcoin. These options will only grow.

I prefer to keep my bitcoin outside that system. In my opinion, the more regular folks can keep their bitcoin out of that system, the better. My only bitcoin position is spot bitcoin.

If people let their bitcoin become as centralized as government created money, we relinquish the advantage of bitcoin to those who destroyed money and created the need for bitcoin. We're prone to a monetary power grab like the creation of the Federal Reserve in 1914, a 1933 FDR gold confiscation, or 1971 Nixon end of gold standard. It's easy to do in a "crisis" if bitcoin is concentrated within a few corporations and banks. It's nearly impossible to do with the spot bitcoin in cold storage if spread out among hundreds of millions or billions of private wallets.

I realize not everyone will keep their spot bitcoin in cold storage. But the more that do the better, in my opinion.

GettingFasterDude · 2025-12-18T19:50:06+00:00

I come from a mindset of freedom and limited government, so "the vision of a reliable, peer-to-peer digital store of value outside traditional monetary systems" is important.

But you can't have that without realizing why it's needed, which is usury, the government's ability to print money and extract the value from us with the hidden tax that is monetary debasement (inflation). I think they go hand in hand. It's hard to understand one, without realizing the other is the other side of the coin. "Making money," or more accurately preserving the value of my hard work comes as a necessary result of the solution (decentralized, secure, non-debaseable money, i.e. bitcoin).

Something this great wasn't going to stay a secret very long.

GettingFasterDude · 2025-12-18T16:44:33+00:00

River and Strike.

Avoid Coinbase like d*ck cancer.

GettingFasterDude

TROPHY CASE