You don't have to trust me. You don't have to do what I'm saying. I'm just trying to make you aware of what you are doing so you can make a more informed decision.
Discussion
Well, my plan is to dca 100k plus sats daily seeing the RSI weekly is 40 above. I plan to dca big amounts like near all in when RSI weekly goes to 30 to 25 and below.
Your strategy for buying is fine. You just need to be careful about sending small amounts to an on chain address.
So how? How to be careful if you will not guide me?
Also, this is not an emergency that you have to deal with this very moment. Take your time to learn about this stuff so you can do it with confidence and you don't need someone holding your hand. You can do this stuff without having to trust anyone.
I literally buy $1 an hour with strike. I just save it up for a month or two before sending it to my on chain wallet so that it's all in one big UTXO.
Ok so you're saving like 30 usd monthly worth of sats. Cool. What if in the middle of the month, strike collapses? Your sats will be gone. How cool is that.
$1 an hour is $24 a day. $350+ a month. If strike collapses then I will lose a few hundred dollars. It's not the end of the world.
Strike has no market buying for me now. There's no p2p and all. There's no way to cash in directly. And i will not be storing any of my bought sats in a centralized app or exchange no matter what. I prefer just buying one time big amount when RSI weekly goes to 30 to 25 below. It's either i dca small amounts daily and send all of it to my self custody wallet or i don't dca daily at all. For now, the option i have of buying sats is from an exchange and the layer1 fee is fixed unlike lightning. You can't adjust the fees in an exchange.
I'm sorry, I have to go to work. If you need more help, I suggest you make a new post about it and seek advice from some other people.
You rang the bell and you want me to seek advice from others? That sounds rude.
You have to go to work? I thought you were just working now.
Helping people on nostr is not my job. I have to drive for a living. I will not be able to respond for a few hours. I'm happy to keep helping you, but you seem concerned about trusting me and so I am advising you to seek a second opinion.
Well, you should not be hurt at all if someone don't trust you. You're a Bitcoiner right? As one, we should understand that people should not trust, but verify. It's a good thing.
I want to hear what you have to say. If you wanna save me, tell me your great advice now. I'm all ears listening.