Congrats! Strike is great. Hey just a heads up, I figured a way to cut down on fees a bit, while still maintaining somewhat of a bitcoin standard.

On strike, I setup a weekly buy every payday about10 mins after my direct deposit usually hits. This recurring buy waives the purchase fee, and calculated each week to eventually cover my expenses by the end of the month. I then use credit cards all month for purchases, and strike routing and account number for bills that offer a discount for ACH setup with auto pay.

Then once a month, I pay off my credit cards with the strike bill pay feature, which does generate some fees. The fees are more than covered with credit cards cash back rewards that I also use to buy more BTC.

Rent is the only bill not paid with cc or strike since my landlord is old school prefers a handwritten check.

Hopefully that makes sense, it does to me at least. It’s a fun process and only have to do it once a month but I’ve been keeping a ledger and moving surplus BTC “savings” over to River before eventual cold storage. Happy stacking!

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Discussion

Why move it to River?

Just a personal choice. I’ve always been better with savings if I don’t see the balance that often.

I guess I'm confused why you would move it to an exchange before cold storage. It seems like a wasted step. If you send directly from strike to cold storage, you would theoretically see the balance less often. No judgement here, I'm just curious about the extra step.

Oh oh I see, good question as I didn’t make that part clear. I have my paycheck direct deposit to a traditional bank account and then I have a large reoccurring buy at strike for bill pay, and a smaller one over to river for savings. So both buys take advantage of each exchanges’ free buys on a schedule.

And that’s just to keep the savings separate from bill pay account, any surplus in the bill pay will end up in cold storage too. River also has 1 free transfer off exchange a month, which will waive any mining fees, not that fees have been very high lately. It’s also a form of UTXO management too.