Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Robdwny on December 20, 2019, 07:36:17 PM



Title: What cryptocurrency in IRA
Post by: Robdwny on December 20, 2019, 07:36:17 PM
I知 opening a IRA with cryptocurrency these are my coins  I知 going to put the majority of my
Money in bitcoin.  Here are all the coins.this is a long term move. 

Bitcoin
Ethereum
EOS
Bitcoin cash
Ripple
Litecoin


Title: Re: What cryptocurrency in IRA
Post by: Robdwny on December 20, 2019, 09:15:07 PM
The list of coins that I put up there are the only ones I have to pick from. I don稚 have to buy anything other than bitcoin if I want. I知 looking for some help I知 new to this


Title: Re: What cryptocurrency in IRA
Post by: Pearls Before Swine on December 20, 2019, 09:20:50 PM
I would suggest you to invest a significant amount in Monero and to stop investing in Bitcoin Cash. They were a fork of bitcoin and has received significant hate among the bitcoiners.
That hate doesn't mean it's a bad coin or that it's going to underperform anything else in the long term, which is probably op's timeframe.  Bch has done fairly well since it was released.  A *lot* better than any other of the forks I know of that came out around the same time, anyway.

Can you hold any crypto in an IRA?  I never saw the purpose of doing this except for tax purposes, and I guess if you don't mind everybody knowing that you own crypto it's all fine and dandy.  If you can keep altcoins in your account, I'd probably agree with HH about monero.  I think it's one of the few coins that's escaped the attention of investors and it's a good one.  You're probably not looking for the anonymity it provides, but it's still a good coin and should increase in value over time.


Title: Re: What cryptocurrency in IRA
Post by: Robdwny on December 20, 2019, 10:15:09 PM
Yes they came out with IRAs in the United States that you can put cryptocurrency痴 in them with a custodian holding them. I was really asking if I put 80% in bitcoin, what othercoins from my list Should I put money in for long-term.


Title: Re: What cryptocurrency in IRA
Post by: tabas on December 20, 2019, 10:26:06 PM
I知 opening a IRA with cryptocurrency these are my coins  I知 going to put the majority of my
Money in bitcoin.  Here are all the coins.this is a long term move.  

Bitcoin
Ethereum
EOS
Bitcoin cash
Ripple

Litecoin
I already helped you eliminating the rest.
I would suggest you to invest a significant amount in Monero and to stop investing in Bitcoin Cash.
I second to this suggestion of investing in Monero.


Title: Re: What cryptocurrency in IRA
Post by: VanDeinsberg12 on December 20, 2019, 10:45:29 PM
Isn't it much better for you to allocate the amounts that will be spending into the bitcoin cash into the another potential altcoin just like chainlink and other? Ripple and EOS should be on the same place that is not worth to buy again.
So many potential altcoins that is worth to buy and don't waste your money on the crap coins just like bitcoin cash , eos and ripple.
It will better to put all of your money to the bitcoin.


Title: Re: What cryptocurrency in IRA
Post by: Robdwny on December 21, 2019, 11:20:17 AM
I think I知 going to just go all bitcoin for now. 


Title: Re: What cryptocurrency in IRA
Post by: anog on December 21, 2019, 11:49:59 AM
I think I知 going to just go all bitcoin for now. 
A good decision, BTC can be counted on for the long term.

Hopefully what we expect as we hope, good luck


Title: Re: What cryptocurrency in IRA
Post by: pakhitheboss on December 21, 2019, 12:28:33 PM
I知 opening a IRA with cryptocurrency these are my coins  I知 going to put the majority of my
Money in bitcoin.  Here are all the coins.this is a long term move. 

Bitcoin
Ethereum
EOS
Bitcoin cash
Ripple
Litecoin

Blog choice all of the above coins are good for long term investment. If it is possible think about BNB too. I have a hunch that this coin will get a big push next year. You can invest in BNB for a short duration.


Title: Re: What cryptocurrency in IRA
Post by: Robdwny on December 21, 2019, 01:26:04 PM
They will be adding more coins in the future


Title: Re: What cryptocurrency in IRA
Post by: tsaroz on December 21, 2019, 01:33:35 PM
I知 opening a IRA with cryptocurrency these are my coins  I知 going to put the majority of my
Money in bitcoin.  Here are all the coins.this is a long term move. 

Bitcoin
Ethereum
EOS
Bitcoin cash
Ripple
Litecoin

I'd add BNB on the list. They are one of the most used utility tokens and their use is ever increasing. With quick transaction and low transaction fees, they are going to rule the market in coming days.


Title: Re: What cryptocurrency in IRA
Post by: Cheesus on December 21, 2019, 01:44:59 PM
Though all are giant crypto coins, no doubt here and in the long run all of these coins will stay strong and high valued. But I would ignore the EOS from the list because I don't think this coin can give you a good profit, I would invest in BNB instead of EOS. And in long run, Bitcoin Cash is not a good investment, but for 6 months to 1 year, you can put money on BCH, and profit will be very high for sure.


Title: Re: What cryptocurrency in IRA
Post by: sangjoewara on December 21, 2019, 02:16:15 PM
They will be adding more coins in the future
Who are they ? can you call it here, because I am a little curious about those who will add more coins in the future, if indeed the coins to be added can be very good, it is worth following and knowing from now on.


Title: Re: What cryptocurrency in IRA
Post by: Robdwny on December 21, 2019, 02:50:54 PM
I was not told what coins in the future would be available. Just that they work on getting other coins.


Title: Re: What cryptocurrency in IRA
Post by: Genemind on December 21, 2019, 06:02:11 PM
As for me, top coins like Bitcoin and Ethereum would still go far this year and the comming years. I wouldn't trust more than top coins like these coins though  there are still lots of potential coins in the store. If I were to invest I will never lose my trust for these two because it has passed all the tests of time.