0:00 Buying Bitcoin with a Self-Directed IRA
0:20 Diversifying your retirement with cryptocurrency
0:50 What is blockchain
1:10 How does Bitcoin use cryptography?
3:00 Is cryptocurrency a currency?
3:15 Difference between Bitcoin and stock
3:35 Should I use an IRA to buy Bitcoin?
3:45 What is tax deferral?
3:55 How to avoid paying taxes on Bitcoins
5:10 Are cryptocurrencies volatile?
5:40 How to get exposure to digital assets?
6:10 How to buy Bitcoin with an IRA
6:38 Can I trade cryptocurrency 24/7
7:00 Can I hold my cryptos in a hot wallet or a cold wallet?
7:10 Do self-directed IRAs use brokers?
7:30 Books on investing in cryptocurrency
Learn more about how to buy Bitcoin with your self-directed IRA:
–
A new and exciting trend in the alternative asset industry is for investors to use their self-directed IRA to purchase Bitcoin and other cryptocurrency. Bitcoin is the largest type of cryptocurrency that uses “cryptography” to help people make transactions, like moving money, buying food or buying a house.
There are three essential aspects that make Bitcoin investments a secure asset.
Private Key: Think of it as your key to open a safe.
Public Key: This is more like the actual safe box, which everyone can see.
Signature: This connects everything – you need both a private key and a public key to create a signature.
Bitcoin and other cryptocurrencies may be the future of currency.
Learn how the IRS views cryptocurrencies, like Bitcoin, to find out if it’s a financially economic investment.
–
Subscribe to our channel:
–
Adam Bergman founded IRA Financial Group and IRA Financial Trust. Prior, he was a tax attorney at some of the largest law firms in the country, including White & Case LLP. He’s written 7 books on the taxation of Self-Directed IRA and 401(k) plans and is a frequent contributor to Forbes.com as well as a member of the Forbes Finance Council. IRAFG was founded to help educate Americans about self-directed retirement investments, empowering them to gain control over their funds.
–
FOLLOW US!
…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
So I get to hold the private keys even when I buy bitcoin through an SDIRA?
Yeah… I literally want to know HOW it is done.
WHAT??? how do i buy crypto from my SDIRA to Coinbase?
Can you transfer Cryptos from a private wallet to a self directed IRA as a form of creating an account besides bringing in capital?
I bought a cc from Mikell538 on telegram best vendor I know and very trustworthy. He sell cc,fullz,Bank,Drops,and Dumps
Terrible title. Should be titled “Cryptocurrency for dummies”. Tells you nothing about buying with a self directed IRA
This is a drawn out explanation of Bitcoin and cryptocurrency in general. It doesn't, in any way, tell you anything about buying crypto inside a SD IRA.