My process for buying bitcoin
This may be helpful to some
Especially new bitcoiners who haven't learned their hard UTXO lesson yet
Discussion
I use River, which came highly recommended a while back, and it does, as far as I can tell the same thing. I recently changed up a bit and I put in $100 cash every couple weeks (when i get paid) and that earns 3.8 percent in BTC while it sits there. Then River has an auto buy (with $0 fee) of $5 a day ($35 a week) and it pulls it from my cash reserve. Then at a certain level it takes a certain amount of that level and sends it to my wallet. I get daily DCA which is pretty awesome. I get pretty decent interest on my cash in BTC AND all $0 fee.
Is there anything wrong with River that you can tell me? Is BitcoinWell superior in any way that you can think of?
I'm pretty happy with my current setup, but with technology, you seem to always have to keep looking.
thanks, Goody
Yo Jor. Been listening to your clip on youtube 88 SATS Radio for a while. When I saw this video yesterday, it litteraly changed how I will withdraw in cold storage in the futur. Following some BTC session video, I usually withdraw via Lightning and then swap to Liquid (AQUA) so I can peg out clean (and not to small) UTXO.
But now, I'll just withdraw via Lightning then swap On-Chain (for free) with nostr:npub1k763esjjzm2vzz7gtt38q4wf49zlua72l4rreu3myzghuwwwdqtq2mcg5x nostr:npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2 This will save me a lot of conversion fee.
Thank you.
Cold Storage is the ultimate destination 😉