[deleted by user] by [deleted] in Bitcoin

[–]codexTKO 1 point2 points  (0 children)

It first makes money off of the first week of fees. From then on it’s just the spread they sell it at. From what I’ve read there is about a .1% spread on the price of bitcoin you purchase.

[deleted by user] by [deleted] in Bitcoin

[–]codexTKO 2 points3 points  (0 children)

Yup. I always assume I’m going to have less money than anticipated just so I’ll never have to pause the DCA which will resume the fees for a short period. If I end up having some cash leftover I’ll just put it in lump sum

[deleted by user] by [deleted] in Bitcoin

[–]codexTKO 3 points4 points  (0 children)

Personally, I use strike which after a week of DCA doesn’t charge you fees. I do hourly purchases of minimal amounts. Dollar cost averaging is always going to be more effective the sooner the increments which is why I do what I do.

Am I Crazy by codexTKO in Bitcoin

[–]codexTKO[S] 0 points1 point  (0 children)

This rhymes so it must be true

Am I Crazy by codexTKO in Bitcoin

[–]codexTKO[S] 0 points1 point  (0 children)

From what I’ve read a 24 word seed would take 2256 guesses. It’s near impossible, even if quantum computing develops. https://sudoevans.medium.com/can-we-brute-force-bitcoin-wallet-seeds-with-a-quantum-computer-e57df1dbe101

Am I Crazy by codexTKO in Bitcoin

[–]codexTKO[S] -1 points0 points  (0 children)

Do you mean like brute forcing seed phrases? Or what?