[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 105 KB, 994x640, 1689185004401008.jpg [View same] [iqdb] [saucenao] [google]
58118288 No.58118288 [Reply] [Original]

Have any of you guys bought into a BTC ETF within a Roth acct?

of course all my real bitcoin is in my cold storage, but i also max out my boomer accounts (401k/roth) & it seems the best use of those funds are in a BTC ETF

thoughts?

>> No.58118669

>>58118288
yeah thats what i did. there is a strong change they will be confiscated but for now i will ride the price appreciation and if i have the option to sell and convert to physical, i will do so tax free

>> No.58118702

yeah
idk why i wasnt smart enough to do that on day 1, i bought some in my regular brokerage acct day 1 before realizing there was really no benefit over actual btc

>> No.58118872

>>58118288
I trade out of 2 crypto IRAs, and BTC miners/MSTR out of 2 regular IRAs.

I don't pay shit in taxes. Hopefully after this cycle I can use gainz to buy a small hotel/land through another IRA.

>> No.58119246

>>58118288
self custodial checkbook ira llc
get to googling
its not that hard, well worth it.

>> No.58119407
File: 194 KB, 1024x700, tulips.jpg [View same] [iqdb] [saucenao] [google]
58119407

>>58119246
>self custodial checkbook ira
Good stuff anon. Very nice.