Strike limits me to a $X per week deposit. I am therefore depositing that amount weekly in order to build up a reserve (dry powder) if the economy takes another dip and bitcoin’s price goes with it. The amount I am planning on putting there is over $10,000.

Am I an idiot to trust Strike with that money? I ask simply because I certainly would not trust Coinbase with it, given the various recent biz failures arising from the shit coin fiasco we all witnessed.

I am DCAing with other money, so please don’t suggest that I DCA. I just want a separate stash of dry powder ready for a smash buy if the BTC price crashes again.

Thoughts appreciated.

submitted by /u/thatsMRcurmudgeon2u
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Source and link to Reddit topic: Is it overly risky to build up a fiat reserve (dry powder) on Strike?

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