Successful people don't become that way overnight, most people see at a glance-wealth, a great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.
Hello, I'm new to Bitcoin trade and I've been making huge Losses but recently I see a lot people earning from it. please can someone tell me what I'm doing wrong
That's true! As a beginner who doesn't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker
Holy moly! This guy is a financial beast trying to make us all make money! Gaaaaawd dang! I am so grateful for the TH-cam algorithm gods for this suggestion!
It is estimated that over 60,000 to 400,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.
As a bitcoin trader, it's almost inevitable that you're going to experience some ups and downs along the way. Alertness and decisiveness are both fundamental ingredient in the recipe for a successful bitcoin trader.
This is low key going over some peoples heads but to the people who do this and actually invest wisely, this is how you build generational wealth! I’m about to max out for 2021 next week, got another year for 2022 😉
Option 1 is better and you really dont save time with crypto IRA because the rollover time is usually 2 to 4 weeks. So, you can do option 1 in 2 to 3 weeks
This is free knowledge everyone. I’m thankful for you boss! I’m only 21 and I’m investing all my cryptocurrency in a Roth ira, so once I’m in my 30s, I’ll be a millionaire with little tax to worry about.
@Stevens Kaholoaa Same here I'm from Philippines, I wish I knew about this bitcoin trading earlier I suggest everyone should brace up and get bitcoin before it's too late
Yeah it's good for retirement, but I'll never sell my crypto. I'll just use it as collateral for a loan on blockfi at a low percentage instead of getting taxed 40% for selling it and losing almost half. And then when the blockfi loan is paid off I get the entire amount of my crypto back, no taxes.
There is a big risk involved getting a loan against your crypto as a collateral. When the price drops either you have to put more crypto as a collateral or face liquidation and lose all of your crypto in a short period of time. At a 70% LTV your loan enters a margin call.
A self directed IRA sounds great for the low cap cryptos or for being able to trade cryptos 24/7 (if the directed IRA allows it). Otherwise, if you are trading the big boys like BTC and ETH, you can buy the equivalent in your normal ROTH via GBTC and ETHE for example. You would save time and fees this way, but you are limited to trading during stock trading hours.
When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the present and investors of the past can provide us with guidance on how to invest 🙏🙏
After watching so many TH-cam tutorial videos about trading I was still making losses untill Mr George William started managing my investment. now I make $6,800 weekly. God bless Mr George William . His been a blessing to my family.
My first investment with Mr George William gave me $24,300 and that has made me invest without the fear of losing, I got four of my friends that I referred to him and they are making profit just like me. May God bless Mr George William
on investing since I started trading with Mr George William his trading strategies are too notch am winning consistently trading with Mr George William . He really the best broker I've made a lot of profit investing with him.sting with Mr George William and how good he is, please how safe are the profit?
If I already own crytpo can I transfer over into this Roth or do I have to create the Roth and buy within the roth? I don’t have any sort of Roth at all but I have stocks/crypto
Thanks for your wonderful comments and ratings ♥️ I'll advice you to invest in crypto/bitcoin like I do regarding making millions in it with my Expert as it's currently the most profitable investment right now best time to invest. Let's go!
@James Carter When you invest with genius like Mrs Clarissa you don't have any other choice then to keep winning she trading strategies are very productive and reliable. I made quite a huge profit today all thanks to Mrs Clarissa
So just for clarification purposes; when going the LLC route you are only paying to set up the LLC? After that you do not pay trading fees or any annual fees for having the IRA?
@@savoirfaire312 I think the LLC depends on where you live. Like in Idaho it looks like it's 100 for the filing fee and 0 annual but Indiana where I live it's like 90 filing and 30 every year.
So if I buy and sell crypto in a directed IRA with this method , will I not owe taxes when changing from one currency to another or when selling Bitcoin for dollars?
Anyone who does not do this is crazy. Your crypto holdings may 100x over 5 or 10 years. And you will pay NO tax on that, vs paying $500k in tax. Because the gains in crypto are so much more (potentially) than in the stock market that getting in on the ROTH is 💥, a no brainer.
It looks like you missed a critical step. For the Roth IRA scenario, a single owner LLC has 100% ownership, which breaks the prohibited transaction under IRC 4975. Please create a follow up video so others viewers are not misinformed.
Somehow I think the bank attorneys had a hand in that law. After joining the crypto world recently, i truly understand the power(greed) of the banks, truly
Wow I'm just shocked people mentioning expert Mrs Grace I thought I'm the only one trading with her, she helped me recover what I lost trading with the wrong trader
Another company with the same product has the same annual fee. Seems like it might be this rate until more platforms offer it and it gets more competitive.
I wish you would have explained why the llc is required as a middleman. Why cant the SDR open up an account directly with coinbase like you did with gemini?
Thanks for your wonderful comments and ratings ♥️ I'll advice you to invest in crypto/bitcoin like I do regarding making millions in it with my Expert as it's currently the most profitable investment right now best time to invest. Let's go!
Mark, I loved your set up for presentation, could you please let me now what technology you are using ? Is that a full board stand behind you ! appreciate that.
What If you already have crypto that you bought and it's sitting on cold storage. How do you transfer that into an IRA? Is this possible? From what I understand is you have to start out with cash first in the IRA account.
Hello, I'm new to crypto trading and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong
As a beginner who doesn’t understand how crypto trading really works and you really want to make profit from it. I will advise you to first start working with a professional trader
Investment needs intensive research, charting, and then to understand theta decay on options etc. so much to explain my friend. Hiring a coach like Luke Bellingham maybe the correct route for you.
Is it allowed to move the crypto into a cold storage or hardware wallet? I asked this because crypto exchanges have some risks in the long-term. Like hackers and liquidation.
Can a US-based SD Roth own an off-shore LLC? Or should it not? And if I create my own LLC, can I deposit funds from other sources or only through the SD Roth?
Just wow. This is life changing stuff here. Say one has several hundred thousand+ already in crypto. One would need to cash out and pay cap gains I assume but the remainder could be used for the backdoor Roth I assume? Can one not do a self-directed Roth Crypto IRA on your site (specifically a backdoor) it looks like?
Hey Chris, glad you are enjoying my content! That's the goal... to change lives! Here is the link to the crypto IRA account we have at Directed IRA: directedira.com/cryptocurrency/ we have a world class customer service team, if you have questions, they should be able to help you!
Live below your means , max out your Roth max out your 401k then what ever you can save invest that also , my friends say I’m saving for death 💀, I say no I live below my means and I’m saving for the future of my family
Who acts as wallet custodian in scenario B? I thought the Crypto IRA company was required by law to control custody? Explain who controls the Gemini wallet if Crypto IRA funds are used to open it? Will all Crypto IRA companies, like iTrust, allow the use a Gemini wallet??
I already bought crypto and don’t want to loose my position…how would I set up a Roth IRA? My crypto investments are in other wallets, are there crypto addresses associated with my crypto?
I have been making over 300% profit from my bitcoin investment every week since my Colleague introduced me to Expert Olivia who now trades for me while I receive the profit.
@@aliapatrick4140 That’s true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and lack of experience
The younger/newer crypto traders can be so annoying sometimes. “I wanna make a million tomorrow then buy a mansion!” That’s not how life works, doofus. How about trading in crypto for 10 or so years, like I’ve done thus far, then setting yourself up for a potential *very nice* early retirement someday, where you don’t have to worry about ANYTHING financial ever again (within reason)? That’s the *real* goal. Screw “lambos” and “moons”....get that old money mindset. That deep, Rothschild, I’m gonna slowly build a financial empire mindset. Short term dips, short term gains? Use that to your advantage....learn how to take money from others. That’s what this is. The “moon” guys are the guys whose money ends up in my account....
im interested in opening up a crypto roth ira with gemini but i already have a gemini wallet with purchased crypto. can i roll this wallet into a new wallet or would i have to open a brand new gemini wallet?
For option 1 regarding LLC, I already have a regular non-crypto ROTH. Can I just just contribute my cash from my ROTH to LLC, and thus no need for self-directed IRA?
@@sungkim1728 yes. Only self-directed IRA's or any other self-directed retirement account can invest in this alternative investments besides the regular brokerages products. It has to be set up as self-directed.
You will have to set up a new wallet. When dealing with self-directed investments, you have to remember, the wallet can't be under your name, or owned by you, it is owned by your retirement account. So you can keep your personal wallet, but if you want your retirement account to own crypto, you will need your retirement account to open a wallet! If you have more questions, check out our crypto page at Directed IRA: directedira.com/cryptocurrency/
@@MarkJKohler i have cryptos in cold storage - can i open the roth, and instead of putting in money to buy crypto, can i just have it custody the cryptos i have now ? then trade within it ?
Great video. My son worked for 6 months and earned $6K for 2021. He's back to college (doctoral), no income for 2022, can he open a self directed ROTH IRA?
I have a Roth IRA with fidelity, does that mean I have to open a whole new self directed IRA somewhere else and can I move money from my roth to the self directed IRA?
I have been investing by myself since Jan 2021 - I’m in need of guidance. How can I speak with you and what is cost to help. I don’t have any one to ask and You tube learning is great but i need help! $200 for 1/2 hour?
Fidelity is telling me I can’t take the existing money from my traditional IRA to pay the taxes on my ROTH, they said I have to have the money for taxes on hand to pay at the end of the year. Are they telling the truth?
I think so. They are only allowed to deduct the penalty for an early distribution. IRS sets the rules for tax taken out early. But I’d call again and confirm 👍🏻
Gemini??? I don't want some centralized exchange holding my keys to my crypto. Not your keys not your crypto. When they go bankrupt or if they get hacked you lose everything which is happeningalot these days. I would like to have my own defi wallet like metamask. Is this an option?? That's scary af to allow so Joe blow exchange to hold any of your crypto. Centralized exchanges are just a fiat gateway to real investing.
I've had my crypto ROTH in iTrust Capital for 10 months. TOTAL cost is $30 per month, every month - no matter how large or small. BUY or SELL have 1% fee. No other charges. CONs are the limited # of cryptos + gold and silver; can't buy @ limit.
@@dmounts9999 similar for Choice by Kingdom Trust except they allow limit orders, though orders are only limited to 24hrs so somewhat useless. Also, their customer service is horrendous
Successful people don't become that way overnight, most people see at a glance-wealth, a great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life.
Hello, I'm new to Bitcoin trade and I've been making huge Losses but recently I see a lot people earning from it. please can someone tell me what I'm doing wrong
All you need is a professional trader else you will continue making losses
That's true! As a beginner who doesn't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker
How can someone know a professional account manager that is trustworthy when legit ones are hard to find these days
I highly recommend Jessica Robert, she is my current trader and her strategies are working
Holy moly! This guy is a financial beast trying to make us all make money! Gaaaaawd dang! I am so grateful for the TH-cam algorithm gods for this suggestion!
watch at 1.5 speed
Thanks
Try 2x!!!!!!!!!!!!!!!!!!!!!!!!
I can’t believe this knowledge is free. Wow the times we live in. Thank you much for this information!!!!
yeah this channel is absolute pure gold
It is estimated that over 60,000 to 400,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.
How can i reach your broker, am little bit confused about bitcoin, i want to start investing.
As a bitcoin trader, it's almost inevitable that you're going to experience some ups and downs along the way. Alertness and decisiveness are both fundamental ingredient in the recipe for a successful bitcoin trader.
write her on telegram
write her on telegram
katie
This is low key going over some peoples heads but to the people who do this and actually invest wisely, this is how you build generational wealth! I’m about to max out for 2021 next week, got another year for 2022 😉
Option 1 is better and you really dont save time with crypto IRA because the rollover time is usually 2 to 4 weeks. So, you can do option 1 in 2 to 3 weeks
This is free knowledge everyone. I’m thankful for you boss! I’m only 21 and I’m investing all my cryptocurrency in a Roth ira, so once I’m in my 30s, I’ll be a millionaire with little tax to worry about.
You need to be 59 to withdraw from a Roth Ira without penalties.... Its a retirement account dude.
I appreciate this video
This is exactly what I need as motivation 🥰
@Stevens Kaholoaa Same here I'm from Philippines, I wish I knew about this bitcoin trading earlier
I suggest everyone should brace up and get bitcoin before it's too late
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trades with a company
Learning and trading under a guide I do same and I hardly make losses in the market
@@piusmarkus4712 I'm new to bitcoin trading, how do I get started with a professional expert?
@@piusmarkus4712 please any specific guide?
Millions of people but only 2735 views? Thank you for this life changing video
Yeah it's good for retirement, but I'll never sell my crypto. I'll just use it as collateral for a loan on blockfi at a low percentage instead of getting taxed 40% for selling it and losing almost half. And then when the blockfi loan is paid off I get the entire amount of my crypto back, no taxes.
Is that legit? If so I will definitely have to look into this.
Yea coinbase does as well but just for bitcoin. But this whole video is to show how to avoid paying taxes on it
smart ! I learn a lot. celsius offers 1% loan rate btw.
Yeah but how are you gonna pay the loan ? With what money
There is a big risk involved getting a loan against your crypto as a collateral. When the price drops either you have to put more crypto as a collateral or face liquidation and lose all of your crypto in a short period of time. At a 70% LTV your loan enters a margin call.
A self directed IRA sounds great for the low cap cryptos or for being able to trade cryptos 24/7 (if the directed IRA allows it). Otherwise, if you are trading the big boys like BTC and ETH, you can buy the equivalent in your normal ROTH via GBTC and ETHE for example. You would save time and fees this way, but you are limited to trading during stock trading hours.
OBTC also at lower fee than GBTC
When it comes to the world of investing,most people don't know where to start. Fortunately, great investors of the present and investors of the past can provide us with guidance on how to invest 🙏🙏
After watching so many TH-cam tutorial videos about trading I was still making losses untill Mr George William started managing my investment. now I make $6,800 weekly. God bless Mr George William . His been a blessing to my family.
My first investment with Mr George William gave me $24,300 and that has made me invest without the fear of losing, I got four of my friends that I referred to him and they are making profit just like me. May God bless Mr George William
on investing since I started trading with Mr George William his trading strategies are too notch am winning consistently trading with Mr George William . He really the best broker I've made a lot of profit investing with him.sting with Mr George William and how good he is, please how safe are the profit?
I trade with him, The profit are secured and over a 100% return on investment directly sent to your wallet.
you don't make money on cryto by holding your coins rather you trade to make gain
A lot of golden nuggets here, thank you for enlightenment :))
®️ Thank you ⊹ ① ⑧ ① ⓪ ⑥ ⑥ ⑥ ⑧ ② ③ ②
=what'sapp_"""
If I already own crytpo can I transfer over into this Roth or do I have to create the Roth and buy within the roth? I don’t have any sort of Roth at all but I have stocks/crypto
8:20 - this is where he starts to answer the question "how to buy crypto in a Roth IRA"
thank you
Doing the lords work.
Really good video
Thank you for this valuable info ❤️
Thanks for your wonderful comments and ratings ♥️ I'll advice you to invest in crypto/bitcoin like I do regarding making millions in it with my Expert as it's currently the most profitable investment right now best time to invest. Let's go!
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You rock! Looking forward to talking with you soon👍
HELLO MRS CLARISSA THE BITCOIN TRADER IS LEGIT AND HER METHOD WORKS LIKE MAGIC I KEEP ON EARNING EVERY SINGLE WEEK WITH HER NEW STRATEGY
Wow I' m just shock someone mentioned expert Mrs Clarissa I thought I'm the only one trading with her
She helped me recover what I lost trying to trade my self
@James Carter When you invest with genius like Mrs Clarissa you don't have any other choice then to keep winning she trading strategies are very productive and reliable. I made quite a huge profit today all thanks to Mrs Clarissa
Can I invest from Australia
@Matthew perna seeking for her contact details 👇
I'm so glad I found this guy - great advice and you can tell he just lives and breathes this stuff! subscribed! 👍👍👍
So just for clarification purposes; when going the LLC route you are only paying to set up the LLC? After that you do not pay trading fees or any annual fees for having the IRA?
No the ANNUAL FEE is $295.
@@savoirfaire312 I think the LLC depends on where you live. Like in Idaho it looks like it's 100 for the filing fee and 0 annual but Indiana where I live it's like 90 filing and 30 every year.
Aren’t you the CFO of directed IRA? You should probably put that disclaimer somewhere
What about Itrust capital?
Very informative. Thank you!
So if I buy and sell crypto in a directed IRA with this method , will I not owe taxes when changing from one currency to another or when selling Bitcoin for dollars?
Do you have to keep crypto in Gemini or Coinbase, or can you move to a cold storage wallet?
I thought this all sounded fantastic until I looked at all their fees.
still better then paying 20% to IRS
Dude yeah the fees are huge barrier to entry !
I use itrust Capital, is this a better option?
Looking thin Mark. Nice job. Keep it going.
Anyone who does not do this is crazy. Your crypto holdings may 100x over 5 or 10 years. And you will pay NO tax on that, vs paying $500k in tax. Because the gains in crypto are so much more (potentially) than in the stock market that getting in on the ROTH is 💥, a no brainer.
Thank you thank you thank you
Do your conversion during bear market (like now) to save on taxes now and maximize tax-free gains later.
It looks like you missed a critical step. For the Roth IRA scenario, a single owner LLC has 100% ownership, which breaks the prohibited transaction under IRC 4975. Please create a follow up video so others viewers are not misinformed.
🤔🤔🤔
We dont own the LLC personally , our IRA does, therefore, it won't be a prohibited transaction.
Somehow I think the bank attorneys had a hand in that law. After joining the crypto world recently, i truly understand the power(greed) of the banks, truly
@@carlosortega8643 and theres a custodian involved too right?
Oh awesome. I still need to back door the Roth contributions so it’s great that Gemini has a crypto traditional IRA
W,,,H,,,A,,,T,,,S,,,A,,,P,,,P,,,
+,,,1,,,7,,,,,,1,,,6,,,6,,,6,,,6,,,1,,,4,,,5,,,,3..
Investing in crypto now is very cool especially with the current rise in the market now
Most especially having an expert trader like Mrs Grace
Most intelligent words I've ever heard Crypto is the gold 🥇
Talking about expert Mrs Grace I think she is the best trader I have ever met
I invested $3000 and she made profit of $28,000 for me just in 15 days, her success story is everywhere
Wow I'm just shocked people mentioning expert Mrs Grace I thought I'm the only one trading with her, she helped me recover what I lost trading with the wrong trader
Mark, do you offer service for canadien ?
Thanks ! You look highly qualify !
"The banker's brain will explode"
😂😂😂🤣🤣🤣 TRUTH!
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Will this work with a Cold Wallet like the Ledger, I don't trust my crypto with an online wallet
Directed IRA has a $300 annual fee. That seems rather high to me.
Another company with the same product has the same annual fee. Seems like it might be this rate until more platforms offer it and it gets more competitive.
Most also charge about a 1% trading fee like Choice by Kingdom Trust…but you still save more by not paying capital gains tax
Real Estate IRAs do the same thing & have a lot of rules.
@@ritasplace1 Can you buy crypto in a real estate IRA?
Thanks for an informative video
Bank now asks the nature of the llc. Some banks freeze your assets when u try to buy crypto. Suggestions?
Video is so good, I had to watch twice!!! Like, subscribe, and comment!!
How do you do a backdoor crypto roth?
Good job 👍 💚
Can you mix in regular dividend stocks as well or is it strictly crypto?
Under the llc you can do both. Under the CRoth you can only do crypto.
My question too 🙌
I wish you would have explained why the llc is required as a middleman. Why cant the SDR open up an account directly with coinbase like you did with gemini?
Was going to start off with investing $333 into a self directed ira then I saw the $295 annual fee 🥴
MJK FOR PRESIDENT !! 🔥 most valuable information I’ve heard in my whole life.
Thanks for your wonderful comments and ratings ♥️ I'll advice you to invest in crypto/bitcoin like I do regarding making millions in it with my Expert as it's currently the most profitable investment right now best time to invest. Let's go!
± 1 7 8 1 2 5 7 8 8 4 3
ωrite ón ωhatsaap √
Mark is the best
Mark, I loved your set up for presentation, could you please let me now what technology you are using ? Is that a full board stand behind you ! appreciate that.
Im on my Gemini Acct now..nothing about IRA is there but as you said I have to set it up with you I guess ..Im lost..
What If you already have crypto that you bought and it's sitting on cold storage. How do you transfer that into an IRA? Is this possible? From what I understand is you have to start out with cash first in the IRA account.
Yup
I have a Roth and would like to transfer/rollover it to one of the ones he’s describing. Is this doable?
Yes it's simple to do.
Yes
What states are you using, WY or Neveda To establish LLC.
Are you allowed to trade on DEXs with your IRA wallet?
If I open a Crypto Roth IRA could Later convert it to a self directed one to invest in both real estate and crypto?
Hello, I'm new to crypto trading and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong
As a beginner who doesn’t understand how crypto trading really works and you really want to make profit from it. I will advise you to first start working with a professional trader
{
@Mark Asking please, how do I get through to him?
Yeah that's right I think the best way is to invest with a professional, at least it saves the trauma of too much losses.
Investment needs intensive research, charting, and then to understand theta decay on options etc. so much to explain my friend. Hiring a coach like Luke Bellingham maybe the correct route for you.
If these IRA accounts offered like kind interest payments on the crypto they held for me instead of monthly fees I'd be a happier camper.
What's your opinion on iTrust capital
Maybe u guys could offer student discounts or something to offset some of the fees
Right the fees are RIDICULOUS! Just open a Roth IRA that has crypto else where…
Is the taxes the same for example 2 as example 1, because its a Roth and taxes are paid already?
I knew of option 1 already.but I like option 2.....
Got my Diet Coke ready!
Is it allowed to move the crypto into a cold storage or hardware wallet? I asked this because crypto exchanges have some risks in the long-term. Like hackers and liquidation.
With method one can I stake my crypto?
Can a US-based SD Roth own an off-shore LLC? Or should it not? And if I create my own LLC, can I deposit funds from other sources or only through the SD Roth?
So, question: Why didn’t you mention that you’re the CFO of this SD IRA site…?
I got the concept of this down. I'm wondering how does the Roth keep track of your crypto?
Just wow. This is life changing stuff here. Say one has several hundred thousand+ already in crypto. One would need to cash out and pay cap gains I assume but the remainder could be used for the backdoor Roth I assume? Can one not do a self-directed Roth Crypto IRA on your site (specifically a backdoor) it looks like?
Hey Chris, glad you are enjoying my content! That's the goal... to change lives! Here is the link to the crypto IRA account we have at Directed IRA: directedira.com/cryptocurrency/ we have a world class customer service team, if you have questions, they should be able to help you!
@@MarkJKohler I'll reach out, thanks for your videos. This is really great stuff honestly.
I have crypto in my name non ira account what is best tax advantage way to move that into an crypto ira?
What’s the low fees company to transfer from Roth IRA in Fidelity to a Roth Bitcoin?
can anyone give names of companies that actually set up a ROTH for crypto for less than a 15k entrance fee?
Can I use a CRoth IRA and use a different wallet ?
TY.
/
I think we may have talked a few years ago.
What if you want to use the crypto that you already have in a wallet?
Live below your means , max out your Roth max out your 401k then what ever you can save invest that also , my friends say I’m saving for death 💀, I say no I live below my means and I’m saving for the future of my family
Who acts as wallet custodian in scenario B? I thought the Crypto IRA company was required by law to control custody? Explain who controls the Gemini wallet if Crypto IRA funds are used to open it? Will all Crypto IRA companies, like iTrust, allow the use a Gemini wallet??
To get your question answered, please submit it to podcast.mainstreetbusiness.com/ - thank you!
Where do you buy the Crypto IRA?
Mark, can I trade crypto with “crypto bots” in a Self Directed Roth IRA?
I already bought crypto and don’t want to loose my position…how would I set up a Roth IRA? My crypto investments are in other wallets, are there crypto addresses associated with my crypto?
I am 66 years old and recently retired. Can I still do a crypto Roth IRA?
Anyone have an equivalent for Canadians? Can we save crypto in our RRSPs?
I have been making over 300% profit from my bitcoin investment every week since my Colleague introduced me to Expert Olivia who now trades for me while I receive the profit.
@@aliapatrick4140 Expert Olivia! I saw this recommendation some time ago. I ignored it only to see that someone is earning from her.
@@aliapatrick4140 choosing to invest in Bitcoin is the best decision anyone can make. with the right approach, it works.
@@aliapatrick4140 That’s true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and lack of experience
@@aliapatrick4140 Investing in crypto was fun till losses came in. couldn't figure out what I was doing wrong. I Lost all my money 😔😔
I wanted to trade within an ira but I am on disability and only make passive income no earned income so I can't have an IRA to trade in.
Can a Roth IRA account be create without an income source?
The younger/newer crypto traders can be so annoying sometimes. “I wanna make a million tomorrow then buy a mansion!”
That’s not how life works, doofus. How about trading in crypto for 10 or so years, like I’ve done thus far, then setting yourself up for a potential *very nice* early retirement someday, where you don’t have to worry about ANYTHING financial ever again (within reason)? That’s the *real* goal. Screw “lambos” and “moons”....get that old money mindset. That deep, Rothschild, I’m gonna slowly build a financial empire mindset. Short term dips, short term gains? Use that to your advantage....learn how to take money from others. That’s what this is. The “moon” guys are the guys whose money ends up in my account....
What is the scratch note software used in the video? Anybody knows it?
im interested in opening up a crypto roth ira with gemini but i already have a gemini wallet with purchased crypto. can i roll this wallet into a new wallet or would i have to open a brand new gemini wallet?
If I have a Roth IRA in TD Ameritrade, how can I go about converting that to a SD Roth IRA?
Rollover to the new Roth.
Just like if you wanted to move from TD to Fidelity
I don't think I can do this in NY state
For option 1 regarding LLC, I already have a regular non-crypto ROTH. Can I just just contribute my cash from my ROTH to LLC, and thus no need for self-directed IRA?
I'm trying to figure out if only SD ROTH IRA is allowed to open LLC and regular ROTH IRA does not have this option.
@@sungkim1728 yes. Only self-directed IRA's or any other self-directed retirement account can invest in this alternative investments besides the regular brokerages products. It has to be set up as self-directed.
@@sungkim1728 write on WhatsApp for more guidelines
@@sungkim1728. ± 1 7 8 1 2 5 7 8 8 4 3.
so you cant deduct any money out before the age of 59.5?
How does the Roth become the owner of the LLC?
If i already have a crypto wallet (Coinbase, BlockFi) can i still do this? Or does it have to be done before you have a wallet?
You will have to set up a new wallet. When dealing with self-directed investments, you have to remember, the wallet can't be under your name, or owned by you, it is owned by your retirement account. So you can keep your personal wallet, but if you want your retirement account to own crypto, you will need your retirement account to open a wallet! If you have more questions, check out our crypto page at Directed IRA: directedira.com/cryptocurrency/
@@MarkJKohler i have cryptos in cold storage - can i open the roth, and instead of putting in money to buy crypto, can i just have it custody the cryptos i have now ? then trade within it ?
@@MarkJKohler thanks for your reply Mark !
I also would like to see Mark's reply to this!
Great video. My son worked for 6 months and earned $6K for 2021. He's back to college (doctoral), no income for 2022, can he open a self directed ROTH IRA?
If I have a TSP from my employer that matches 5%, could I still do an "Acorns to SD IRA transfer" or just focus on the TSP?
If you are capable of saving money you do not need Acorns.
Just put money into a ROTH as long as you fall in the income parramiters.
@@janshuster1426 I'm coming to that realization. Thanks for the push
I have a Roth IRA with fidelity, does that mean I have to open a whole new self directed IRA somewhere else and can I move money from my roth to the self directed IRA?
Yes! That is exactly how it works! Visit directedira.com if you need help, we have a 5 star rated customer service team!
I have been investing by myself since Jan 2021 - I’m in need of guidance. How can I speak with you and what is cost to help. I don’t have any one to ask and You tube learning is great but i need help!
$200 for 1/2 hour?
Fidelity is telling me I can’t take the existing money from my traditional IRA to pay the taxes on my ROTH, they said I have to have the money for taxes on hand to pay at the end of the year. Are they telling the truth?
I think so. They are only allowed to deduct the penalty for an early distribution. IRS sets the rules for tax taken out early. But I’d call again and confirm 👍🏻
Help! I live in NYC! I haven’t been able to find a Roth crypto company yet for NY. Any suggestions?
Visit: directedira.com/cryptocurrency/
Gemini??? I don't want some centralized exchange holding my keys to my crypto. Not your keys not your crypto. When they go bankrupt or if they get hacked you lose everything which is happeningalot these days. I would like to have my own defi wallet like metamask. Is this an option?? That's scary af to allow so Joe blow exchange to hold any of your crypto. Centralized exchanges are just a fiat gateway to real investing.
Those fees are insane 🤣
I've had my crypto ROTH in iTrust Capital for 10 months. TOTAL cost is $30 per month, every month - no matter how large or small. BUY or SELL have 1% fee. No other charges. CONs are the limited # of cryptos + gold and silver; can't buy @ limit.
@@dmounts9999 similar for Choice by Kingdom Trust except they allow limit orders, though orders are only limited to 24hrs so somewhat useless. Also, their customer service is horrendous
umm whats a backdoor roth?
What if I already have a Roth IRA with Etrade, cam I open another Roth IRA somewhere else?
Yes