Nostr Web Client

You just received $100,000 that you want to put into bitcoin.

You currently have 0 bitcoin. You have an income under $40,000. You are 30 years old and don’t own anything.

What’s your strategy to get the most BTC for your $$$?

Open an account with an exchange with good liquidity and low fees. Right now in the US, I'd suggest Kraken. Outside of the US I'd go with Binance.

Easy play

Wire all the funds to the exchange and once available buy between 50-80%.

Then take the remainder, divide by 14, and buy an equal amount over each day of the next 2 weeks.

Riskier play, but offers a potential for an outsized return.

Wire half the funds to the bitcoin exchange, buying as above

Wire the other half to a brokerage and buy MSTR now with a plan to sell out of that position in about 6-12 months, rotating into bitcoin as a DCA.

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Either way, basically deploy it all now or soon. Sounds like you think the bull runs for at least 6 months or so.

Why kraken specifically? Is it a non-kyc play?

kraken is kyc.

but their maker/taker fees are most reasonable for 100k vs coinbase, gemini, river and cashapp