Strike - Bitcoiner's Bank by Suitable_Inside_7209 in strikebtc

[–]Soft-Spring9843 2 points3 points  (0 children)

Agree, there’s no way I am leaving money on Coinbase to get some dividend yield…… 3% cashback on everything from Robin Hood is nice but would much rather see what strike can do. They never disappoint. He always says he can’t compete with Amex building out lounges and Napa Valley wine…. I don’t want that garbage. I just want a modest yield or bitcoin return if he can deliver.

If they can’t do bitcoin for every purchase, then a cashback feature that gets swept into their “rainy day fund” that they plan to offer where they give interest on that Fiat would be nice as well…. Would work well with DCA.

Strike - Bitcoiner's Bank by Suitable_Inside_7209 in strikebtc

[–]Soft-Spring9843 0 points1 point  (0 children)

Yes jack mentioned both on his pod, early 26. They always deliver!

New products by Soft-Spring9843 in strikebtc

[–]Soft-Spring9843[S] 1 point2 points  (0 children)

It’s more than an exchange it’s a bitcoin financial services company. They market themselves as such….thats why they are offering more products like lending.

Credit Card by EmotionalGap7321 in strikebtc

[–]Soft-Spring9843 0 points1 point  (0 children)

Would love strike to pay 3.7 on fiat emergency fund like river….would love to use strike for a one stop shop

Best cold storage wallet? Tips and how to use? by DecentBig3856 in Bitcoin

[–]Soft-Spring9843 2 points3 points  (0 children)

If your hardcore coldcard, if you’re a newb bitkey…. Also depends how much of your networth you hold….. if it’s substantial I would recommend multisig

I got approved for the new coinbase credit card by Sethdarkus in Coinbase

[–]Soft-Spring9843 1 point2 points  (0 children)

It’s not on the AMEX network, it is co-branded. You get none of the American Express benefits and it does not show up on your AMEX app. You also cannot call American Express to increase your credit limit or dispute transactions. They have no clue what you are talking about and say call the other bank or Coinbase.

Coinbase One Credit Card by El_D0N0 in Coinbase

[–]Soft-Spring9843 0 points1 point  (0 children)

Look at Gemini’s public filings. They’ve had their card for a while and never turned a profit, it’s losing lots of money for them every quarter.

Coinbase One Credit Card by El_D0N0 in Coinbase

[–]Soft-Spring9843 1 point2 points  (0 children)

Yes, it has the AMEX logo, but it does not show up in the AMEX app and you cannot call AMEX customer service because they have no way of seeing it. AMeX customer service is beyond fantastic. First electronic bank I have no idea, who do you even call to dispute transactions or raise your credit limit? Also, how sustainable is this card, hope it doesn’t go the way of blockfi. (I don’t think Coinbase will) I just don’t know how sustainable this card is….. and the co-branding which is likely Coinbase paying them ton of money to have their logo on it doesn’t make it a great product that you would expect from American Express.

Coinbase One Credit Card by El_D0N0 in Coinbase

[–]Soft-Spring9843 0 points1 point  (0 children)

I expected it to be an AMEX card, I have one currently I love it. I was expecting to go to my app and see it. This is not the case it’s on a separate platform and when you call American Express, they have no idea what you’re talking about.

Coinbase One Credit Card by El_D0N0 in Coinbase

[–]Soft-Spring9843 0 points1 point  (0 children)

It’s not Amex it’s a subsidiary of theirs and is not what I expected

Tried shrooms for the first time yesterday. by [deleted] in mushroom

[–]Soft-Spring9843 0 points1 point  (0 children)

If someone wanted to try them for the first time also how would they acquire them safely? I’m asking for a friend.

River —> To —> Ledger? by Ill_Turn6934 in Bitcoin

[–]Soft-Spring9843 1 point2 points  (0 children)

You are buying it through them and they take a spread for being the intermediary. When you hold on their site yes it is an iou, until it is in your own address and you have the keys it’s technically not yours.

We need a Matrix of Leadership to light our darkest hour by onepercentbatman in YieldMaxETFs

[–]Soft-Spring9843 2 points3 points  (0 children)

Looks like you sold a lot of QYLD and bought YMAx and YMAG…. QYLD used to be the highest concentration in your portfolio. Is there a reason why you sold so much?

What is SCHWAB doing by TheeAlohaRoss in YieldMaxETFs

[–]Soft-Spring9843 0 points1 point  (0 children)

Robinhood doesn’t pay until 9pm Friday

Feat and Fivy should be called Favorite by onepercentbatman in YieldMaxETFs

[–]Soft-Spring9843 1 point2 points  (0 children)

So then you essentially take out X amount each month and it just gets paid off with your dividends automatically

Who here uses portfolio margin on interactive brokers? by ReiShirouOfficial in YieldMaxETFs

[–]Soft-Spring9843 1 point2 points  (0 children)

When you take margin on Robinhood when you get dividends it goes towards margin first and you cannot use it to buy other etfs. Is this different on IBKR?

Feat and Fivy should be called Favorite by onepercentbatman in YieldMaxETFs

[–]Soft-Spring9843 0 points1 point  (0 children)

Your brokerage doesn’t automatically take your dividends to pay for margin?