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River vs Strike
Lets hear it. Which do you use and why? Im not familiar with Strike but I see it's mentioned here frequently so I'd like to hear *why it's the choice for some. I'd like to here the same for River, Kracken, etc. I use River because its BTC only. When there's a very high volume of transactions taking place River doesn't go "temporarily offline" like awful Coinbase. River also lets you transfer to Cold wallet, or pull cash previously deposited back out after 7 days. Said cash also earns 0.038% interest in *BTC so it's similar to a high yield savings account. I DCA is USD and then buy the dip when its more beneficial. Meanwhile my USD still actively earns 0.038% BTC. Why not just DCA directly into BTC? Because I've already invested a set amount I'm comfortable with and I like keeping a certain amount liquid for emergency situations. I use River as an interim investment/savings account. If there's a significant dip i have the funds to buy already set aside and I don't touch my primary fiat savings. If the great depression hits it acts as another security layer of liquidity without having to sell my BTC for emergencies. submitted by /u/Tropicthunder07 [link] [comments]
Lets hear it. Which do you use and why?
Im not familiar with Strike but I see it's mentioned here frequently so I'd like to hear *why it's the choice for some.
I'd like to here the same for River, Kracken, etc.
I use River because its BTC only. When there's a very high volume of transactions taking place River doesn't go "temporarily offline" like awful Coinbase. River also lets you transfer to Cold wallet, or pull cash previously deposited back out after 7 days. Said cash also earns 0.038% interest in *BTC so it's similar to a high yield savings account. I DCA is USD and then buy the dip when its more beneficial. Meanwhile my USD still actively earns 0.038% BTC.
Why not just DCA directly into BTC? Because I've already invested a set amount I'm comfortable with and I like keeping a certain amount liquid for emergency situations. I use River as an interim investment/savings account. If there's a significant dip i have the funds to buy already set aside and I don't touch my primary fiat savings. If the great depression hits it acts as another security layer of liquidity without having to sell my BTC for emergencies.
[link] [comments]
