ahplummer on Nostr: Attempting something new with all my 2025 income, using strike : * I'll have 100% of ...
Attempting something new with all my 2025 income, using strike (nprofile…4wv2) :
* I'll have 100% of my direct deposits immediately convert to bitcoin.
* As normal, use Credit Cards throughout the month.
* Leverage Strike's new Bill pay feature to payoff CC's.
* After a few months, sweep excess to Cold Storage.
After listening to jack mallers (nprofile…qp08) chat about this over several podcasts, the thought occurs to me: smash buys and DCA's imply that I'm holding fiat. Why not hold income as it comes in into Bitcoin, and in that way, I'm "BCA'ing"?
"Bitcoin Cost Averaging" should be a thing...as it implies that we're cost averaging our expenses in bitcoin, while holding something that appreciates.
Thanks Jack!
* I'll have 100% of my direct deposits immediately convert to bitcoin.
* As normal, use Credit Cards throughout the month.
* Leverage Strike's new Bill pay feature to payoff CC's.
* After a few months, sweep excess to Cold Storage.
After listening to jack mallers (nprofile…qp08) chat about this over several podcasts, the thought occurs to me: smash buys and DCA's imply that I'm holding fiat. Why not hold income as it comes in into Bitcoin, and in that way, I'm "BCA'ing"?
"Bitcoin Cost Averaging" should be a thing...as it implies that we're cost averaging our expenses in bitcoin, while holding something that appreciates.
Thanks Jack!