What is a Bitcoin IRA? The Merging Traditional Investments and Cryptocurrencies with Morgan Steckler
In this episode, Morgan and I sit down to discuss how traditional forms of investment are merging with new asset classes such as cryptocurrencies and Bitcoin. Specifically, we speak about the new development of a Bitcoin IRA and how this can affect your investments in cryptocurrency.
There is a lot of quality information to know about Bitcoin IRA’s and how they can help you tax wise. One of the largest struggles for Bitcoin investors is the capital gains taxes that they face with their investments. As an investor in cryptocurrencies, people can struggle heavily with their capital gains taxes. In this episode, we dive into discussion around what an IRA is, how Bitcoin plays a role in these, and how to know if this type of investment is a good decision for your portfolio.
Also, a special thank you to our sponsors, Trade.io, for sponsoring this podcast! Trade.io is a cryptocurrency exchange that offers lightning-fast execution and a fully customizable interface. To learn more about trade.io, head over to https://www.Trade.io
And a big thank you to our other sponsors, ZenLedger.io. With ZenLedger, you can simply and easily calculate your capital gains or losses for your cryptocurrency taxes. Dealing with crypto taxes has never been easier! Learn more at https://www.zenledger.io/