Replying to Avatar curt finch

i DCA

however I also create larger by orders at predicted support levels, currently 91k and 69k

I get interest on those buy orders even if they never trigger on a river

https://river.com/signup?r=PZ5DAOQ2

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gojiberra 1y ago

this sounds like the Buffet strategy of selling put options, so he gets to earn a premium on his cash in exchange for the promise of buying the asset if it drops to a target value.

I wonder if the 5 % River interest matches what a put option premium would look like on a Bitcoin ETF, if there is such a thing

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curt finch 1y ago

it is 3.8% but the interest is in bitcoins so eventually it turns into 38% I think

I had not thought of selling puts like that that's a cool idea