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Been thinking this as well. You’re probably better off with target buys and letting the balance earn the 3.5% in River while you wait and just pay the buy fee. Long term, the differences will be negligible though.

I typically don’t zoom in this far on the chart, but if high frequency traders can time the market and make bitcoin 1% more expensive for every buy on a systematic schedule then there is less advantage in feeless purchases via direct deposit. Users on a schedule are just paying the fee to high frequency traders instead of river/cashapp. I don’t trust myself to set accurate targets and to consistently buy, which is why I think an automatic time delay would potentially be a good solution

And that is a big IF! I don’t have concrete data to show that this is happening systemically, but it does deal like every direct deposit is lower in the morning when I wake up than when it was purchased. Only anecdotal.

Fair points. It would be a good solution for those who don’t want to think about accumulating.

I think zero hedge was tracking something like this. Daily 10am dump from what I remember.

On this day I went straight to macdonald's 😅😂😂

Just another day :)