How does this work in a bear market? Do you need a Jack Mallers sized stack to cushion the fall?
When nostr: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 announced bill pay in Strike, that pushed me into a bitcoin standard. I was HODLing as much as possible for my future savings, but left a good portion in fiat to pay monthly bills. I always wondered about eventually finding a way to stay mostly in bitcoin, but still have a way to pay bills. Strike gave me that way, and I appreciate it! Thank you, nostr: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 and the nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg4waehxw309ajkgetw9ehx7um5wghxcctwvsqs6amnwvaz7tmwdaejumr0dsqs6amnwvaz7tmwdaejumr0dsq3qamnwvaz7tmwdaehgu3wwa5kuegpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqzpjdak6fvau05qvekhelq570cgdhxl0pjtgxjap6xcjmngg35ufaynl4wv2 team! Well done!!
Discussion
If you spend less than you put in, eventually your bitcoin purchased will be much less than the bill-pay bitcoin, so you still make out. If you aren't growing your stash each month, than you may run into losses during a bear market. I plan to grow my stash so I'm always having cap gains, no cap losses.