Replying to Avatar TallBrian

Ok, tell me if this stack makes sense:

nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en to buy. Maintain emergency 3-6 month cash balance and get 3.5% yield paid in Bitcoin (this offers downside protection for the rest of the strategy below in the event of a bear market in that you still have dollars but they are earning a yield in real money. )

nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 for direct deposit >monthly transfers to FOLD

nostr:npub1a27t5chyqgfygncyfqwzpvvkrms6shhal9756jkgnpyzjqpsz5jqama5yp for daily spending and bill pay to capture rewards.

Sweep accumulated savings into Unchained multi-sig and use their IRA product for retirement.

Only thing that’s missing is Bitcoin Collateralized mortgages.

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pup 1y ago

As someone who has used both Fold and Strike for a number of years now, I'm only seeing one flaw with this stack.

With Fold, the percent you receive back in rewards is largely based on the amount of Bitcoin you buy there. So you'd be better served having your direct deposits go straight to fold to fully maximize your rewards.

Personally, I've opted to switch to Strike entirely for the automated conversion at the time a bill is due.

Onwards!

https://bitcoinbarks.com/Barks/strike-bill-pay-deep-dive/#wbb1

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