A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Bitcoin investing, BlockFi interest account or RothIRA?
I'm trying to help a family member figure out how to invest in BTC with the best tax liability when they decide to cashout/sell. I'm really torn on this issue, I like the sound of a RothIRA since there is no tax on the gains but the monthly/yearly account fees, would use iTrustCapital, along with not earning interest like you would with BlockFi has me stumped. Does anyone have any advice on which direction we should go? And for background this family member is 60 years old so I'm not sure how that may or may not play into a RothIRA. The idea is to invest 1 BTC but whether to go BlockFi or RothIRA is where I'm at. Thanks for any input/advice!
Bitcoin investing interest up 19% compared to 2019, Grayscale report says
This post was originally published on this siteThis post was originally published on this site Crypto investing firm Grayscale recently released its 2020 Bitcoin Investor Study. The report used data from a survey which digitally polled a sizable number of individuals in the U.S. between June and July. Grayscale found the majority of the surveyed people were keen on buying Bitcoin (BTC). “In 2020, […]
Bitcoin investing, BlockFi interest account or RothIRA?
I'm trying to help a family member figure out how to invest in BTC with the best tax liability when they decide to cashout/sell. I'm really torn on this issue, I like the sound of a RothIRA since there is no tax on the gains but the monthly/yearly account fees along with not earning interest like you would with BlockFi has me stumped. BlockFi pays 6% on Bitcoin for reference. Does anyone have any advice on which direction we should go? And for background this family member is 60 years old so I'm not sure how that may or may not play into a RothIRA. The idea is to invest 1 BTC but whether to go BlockFi or RothIRA is where I'm at. Thanks for any input/advice!
@WholeMarsBlog: RT @heydave7: Here's my full conversation with @Gfilche where we discuss Investing, YouTube, Tech, Bitcoin, Tesla and more. Gali of Hyperchange: Tesla, Bitcoin, Investing in the Future, Elon Musk - Full Chat (Ep. 152) $TSLA https://t.co/EjC2cTjhD5
09-07 00:45 - 'In my years of trading cryptocurrency i have traded and invest in many investment services and made alot of profit trading and investing with them and i have also lost a huge deal of bitcoins investing in some wrong firm as fe...' by /u/paulmat100 removed from /r/Bitcoin within 0-3min
''' In my years of trading cryptocurrency i have traded and invest in many investment services and made alot of profit trading and investing with them and i have also lost a huge deal of bitcoins investing in some wrong firm as fedlio exchange and quadriga just to mention a few so its fair to say AMFEIX is working immensely towards making sure their investors are able to access their funds and they have taken a few steps to ensure that but in the world of crypto currency the outcomes are near impossible to predict so i urge all investors to remain vigilant to the information coming out of Amfeix top officials as we hope for a positive outcome....you can contact [ASSETRECOVERYNOW.CO]1 also email assetrefundteam(at)gmail(dot)com for more inquiries and recovery of lost funds on any exchange or trading platform and also all type of scam victims looking for assistance on how they can recover their money ''' Context Link Go1dfish undelete link unreddit undelete link Author: paulmat100 1: ASSETREC*V*RYNOW*** Unknown links are censored to prevent spreading illicit content.
[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by Kudozzz [link]
Hodlers- I haven’t reached out to Reddit in a while but this recent price action reminded me to buy some more crypto and stash in my long term holdings. I’ve created a business that allows US citizens the opportunity to buy, store, and sell crypto with tax advantage through an IRA structure. Those of you that are interested, feel free to reach out and I can walk you through the process, hook you up with my ebook and walk through my value prop. This is specifically to help some of the more hardcore crypto enthusiasts who frequent Reddit and may not trigger my ads on google. Good luck during this next cycle everyone!
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