Plan to invest $50-$60k into crypto. I get my bonus tomorrow

DCA or lump sum?
Does $10+k withdrawal from traditional bank account trigger any IRS reporting?

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DCA. Crypto market is very volatile.

For stocks (index funds) I'd do lump sum because that has historically been better 2/3 times. But would not do that for crypto.

I highly recommend doing a lump sum into a stablecoin like USDC. That way you earn interest (e.g. 9% interest on USDC at voyager). Then you can DCA that money into BTC/ETH/other. This is what I'm currently doing. Happy to provide a referral to voyager if you like! They're doing a cyber Monday deal today/tomorrow for $40 of BTC if signing up via referral.

likesmart

Same for blockfi - if anyone needs a referral feel free to dm me.

Blockfi also has the credit card 😉

This question literally gets asked every day

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No problem. Just trying to help you out. People tend to get discouraged having to repeat the same question over daily. So I’m letting you know you might yield better results if you use the search function in this bowl.

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Depends what you’re wanting to jump into and what your risk tolerance is.
ETH and BTC are strong buys right now. Most alts bleed against ETH short and longterm, so I personally would pick up ETH and then trade trade it into alts when it gets heated if ya want.

What work do you do to get that kinda bonus 😅

Business must be booming

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