39 sats \ 3 replies \ @grayruby 18h \ parent \ on: BTC Investing: 1 million Sats or Fold(FLD) Stock? An analysis Stacker_Stocks
I have very little faith. I have retirement account that I had many years ago from a corporate job. I pulled it out of the stupid mutual fund manager they had it with and now self direct it but I can’t hold bitcoin in it. There is a tax advantage to me keeping it and if I withdraw it, I pay a huge tax penalty so it’s not worth it.
My real retirement account is Bitcoin.
write
preview
54 sats \ 2 replies \ @Satosora 17h
Same here. I wanted to take it out, but they would take a huge amount in taxes. Which etf did you say helped fund the bitcoiners? I actually have to decide if it is worth going the 401k or roth401k....
reply
30 sats \ 1 reply \ @grayruby 17h
The Bitwise etf gives 10% to developers but they have proven to be big shitcoiners too. They are trying to file an XRP etf. So I have soured on them compared to when it first launched. I would probably buy FBTC if I was going to do it over because they self custody and don’t use Coinbase.
reply
34 sats \ 0 replies \ @Satosora 17h
I think I have to go through fidelity, but I will be looking at their bitcoin etf very carefully. Reading all the fine print on the prospectus.
reply