⚡️Trade Crypto TAX-FREE with a Roth Retirement Account
As a US-based self-employed business owner, I opened a self-directed Solo Roth 401k to trade/invest in crypto (and more). Far higher annual contribution limits compared to an IRA. Opened institutional Trust accounts on Kraken and Gemini in the name of the 401k so far. Rolled over an old traditional 401k into the new Roth as well (the conversion to Roth will be taxed this year). Cost to establish the self-directed retirement plan: $399 Setup Fee ($50 Discount available below) + $99/yr IRS Maintenance.
Solo 401k FAQ: https://www.solo401k.com/solo-faq/?ref=321zero
Solo 401k $50 Discount: https://open.solo401k.com/?ref=321zero&coupon=save50
🔸Don’t qualify for a Solo 401k (due to full-time employees, or no side-hustle / no self-employment)? Open a Self Directed IRA LLC. Though the Setup Fee & yearly Maintenance is triple the cost of a 401k, it does give 100% Checkbook Control of investment funds with tax-free Roth benefits. Think of the tax savings!
As a US-based self-employed business owner, I opened a self-directed Solo Roth 401k to trade/invest in crypto (and more). Far higher annual contribution limits compared to an IRA. Opened institutional Trust accounts on Kraken and Gemini in the name of the 401k so far. Rolled over an old traditional 401k into the new Roth as well (the conversion to Roth will be taxed this year). Cost to establish the self-directed retirement plan: $399 Setup Fee ($50 Discount available below) + $99/yr IRS Maintenance.
Solo 401k FAQ: https://www.solo401k.com/solo-faq/?ref=321zero
Solo 401k $50 Discount: https://open.solo401k.com/?ref=321zero&coupon=save50
🔸Don’t qualify for a Solo 401k (due to full-time employees, or no side-hustle / no self-employment)? Open a Self Directed IRA LLC. Though the Setup Fee & yearly Maintenance is triple the cost of a 401k, it does give 100% Checkbook Control of investment funds with tax-free Roth benefits. Think of the tax savings!
All About 3commas
“Retire on Crypto” Investment Portfolio 🚀 UP 51% within 30-days of creation! (using the 3Commas trading platform) I’ve been following James over on the InvestAnswers YouTube channel since January. Joined his Patreon a couple of months ago, and implemented…
InvestAnswer’s Retire on Crypto Portfolio Gainer Rankings as of Aug 19, 2021.
Proof that buying at the right time (market bottoms), increasing your position upon long wick dips (wait, let it come to your Limit Orders) and (last but not least) use of Fundamental Analysis to pick your investments (no shitcoins) are all key to your success.
His $79.5k crypto investment is now worth $131.9k after the first two months, and expects this Bull Run cycle to continue thru 2022.
Remember, over 50% of his investment funds are in Bitcoin, and when it pops, watch out.
Proof that buying at the right time (market bottoms), increasing your position upon long wick dips (wait, let it come to your Limit Orders) and (last but not least) use of Fundamental Analysis to pick your investments (no shitcoins) are all key to your success.
His $79.5k crypto investment is now worth $131.9k after the first two months, and expects this Bull Run cycle to continue thru 2022.
Remember, over 50% of his investment funds are in Bitcoin, and when it pops, watch out.
Speaking of investments…
How about using a #QFLbot to accumulate coins you want to HODL thru this Bull Run cycle? After all, support base-breaks can be prime opportunities to add to your portfolio of long term bags. Buying the dips - increasingly layer limit orders as the price drops further. I’m a big fan of the Martingale DCA #strategy. Set the Order Scale factor to 2, doubling the size of each successive Safety Order. Smart way to lower the Average Buy Cost.
Just use a 50% TP (Take Profit) setting to prevent selling the coins bought, convert to SmartTrade once price action has recovered, and watch the gains rocket 🚀 up these next several months. Brilliant!
💰💰💰Bottom line: you WANT to exploit these Bull market cycles for their insane parabolic gains. After all, they only come once every 4 years. (though I’m of the belief that THIS cycle breaks the pattern, thanks to institutional adoption )
Why sell today when it could double/triple in value “tomorrow” ?!?
How about using a #QFLbot to accumulate coins you want to HODL thru this Bull Run cycle? After all, support base-breaks can be prime opportunities to add to your portfolio of long term bags. Buying the dips - increasingly layer limit orders as the price drops further. I’m a big fan of the Martingale DCA #strategy. Set the Order Scale factor to 2, doubling the size of each successive Safety Order. Smart way to lower the Average Buy Cost.
Just use a 50% TP (Take Profit) setting to prevent selling the coins bought, convert to SmartTrade once price action has recovered, and watch the gains rocket 🚀 up these next several months. Brilliant!
💰💰💰Bottom line: you WANT to exploit these Bull market cycles for their insane parabolic gains. After all, they only come once every 4 years. (though I’m of the belief that THIS cycle breaks the pattern, thanks to institutional adoption )
Why sell today when it could double/triple in value “tomorrow” ?!?
Missed the dip? If you use TradingView, you can do a time-based percentage drop alert based on whatever time frame you have selected. It will give you a notification to your phone/email/etc if large moves are in the works. Might be enough to just give you a heads up to look at charts. #tips
All About 3commas
How to Retire on SOLANA ❤️ Love this guy! https://youtu.be/CGnafItU438
💥If you guys aren't in SOL, you are missing the jewel of the Bull run! Solid project, "ETH killer". Up 660% in 49 days. 🚀 $146 yesterday, $210 today, $750 top prediction this cycle.
Moved past XRP to #6 today. Will be #3 MarketCap in no time, surpassing BNB and ADA.
Moved past XRP to #6 today. Will be #3 MarketCap in no time, surpassing BNB and ADA.
On this day of September in 2017 🚀
BTC was worth $3,612
ETH was worth $263
BTC was worth $3,612
(5.4x to $19,666 ATH 85-days later)ETH was worth $263
(5.4x to $1,420 ATH 112-days later)China banning crypto. Happens every year, sometimes twice a year. How is this still FUD? At least Chinese New Year doesn’t work anymore. 🤣
Wow! The more I learn about Twitter tipping and listen to Jack Mallers talk about Strike and the Bitcoin Lightning network, I’m amazed. Transmitting fiat over the network debits your fiat account, not your Bitcoin stash. But converts to Bitcoin behind the scenes to instantly transmit, then back into the receiver’s fiat currency. Simply amazing. The future is now the present!
✅ Also solves the problem for those who never want to sell their Bitcoin. Brilliant!
https://youtu.be/gBe7nZJFbKQ
✅ Also solves the problem for those who never want to sell their Bitcoin. Brilliant!
https://youtu.be/gBe7nZJFbKQ
“My guess: this 2nd leg of the bull market will have at least 6 more months to go.”
Next targets: Oct>63k, Nov>98k, Dec>135k 🚀
https://twitter.com/100trillionusd/status/1444228421228417024?s=21
Next targets: Oct>63k, Nov>98k, Dec>135k 🚀
https://twitter.com/100trillionusd/status/1444228421228417024?s=21
Twitter
PlanB
On-chain analyses finished tonight: IMO we are midway, no sign of weakness (red) yet. Note color overlay is not months to halving but an on-chain signal. My guess: this 2nd leg of the bull market will have at least 6 more months to go.
🤔 A wise, seasoned crypto investor told me today:
“Everything is kind of cyclical, so you’re going to see money flowing in and out of different things. But the winners will continue to float to the top, and continue to do well, and continue to attract dollars. So, one of the reasons I love the names that I love, cause that’s where the money is going, that’s where the $ are being pumped into. And that brings everything up.”
That wise investor is James at InvestAnswers (find him on YouTube). 97% of his crypto holdings are in just 3 names - BTC (63%), ETH and SOL. That’s where the money will flow (in his 30-yr equities risk management opinion).
Moral of the story: “Be where the money flows.”
“Everything is kind of cyclical, so you’re going to see money flowing in and out of different things. But the winners will continue to float to the top, and continue to do well, and continue to attract dollars. So, one of the reasons I love the names that I love, cause that’s where the money is going, that’s where the $ are being pumped into. And that brings everything up.”
That wise investor is James at InvestAnswers (find him on YouTube). 97% of his crypto holdings are in just 3 names - BTC (63%), ETH and SOL. That’s where the money will flow (in his 30-yr equities risk management opinion).
Moral of the story: “Be where the money flows.”
Caught The Binance.US Wick!
(for those who were wondering if the wick was real, or just a glitch)
This Bitcoin Grid Bot’s limit orders made some quick money - $700 or so, on a bot that usually makes $10-30/day. https://media.discordapp.net/attachments/755519051123523734/901519337205137468/image0.png
(for those who were wondering if the wick was real, or just a glitch)
This Bitcoin Grid Bot’s limit orders made some quick money - $700 or so, on a bot that usually makes $10-30/day. https://media.discordapp.net/attachments/755519051123523734/901519337205137468/image0.png
“The winners will pop.
The cream will float to the top.
You just gotta be patient.”
- James/InvestAnswers
The cream will float to the top.
You just gotta be patient.”
- James/InvestAnswers
"All your biggest trading losses were once small losses screaming to be cut."
Effective long term swing trading #strategy
https://twitter.com/stockmoneyl/status/1580816167442055169?s=61&t=05GTThmNUK5vjb0xivunNw
https://twitter.com/stockmoneyl/status/1580816167442055169?s=61&t=05GTThmNUK5vjb0xivunNw
X (formerly Twitter)
Stockmoney Lizards (@StockmoneyL) on X
#Bitcoin
This strategy has proven to be bulletproof in the past
Buy: SMA 200 crossing + RSI green zone
Sell: RSI red zone
🍹
This strategy has proven to be bulletproof in the past
Buy: SMA 200 crossing + RSI green zone
Sell: RSI red zone
🍹
Don't forget to buy/extend your TradingView subnoscription! https://www.tradingview.com/black-friday/
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Information about official 3Commas email addresses and other information to ensure the best security for your account can be found on this Help Article.
Several users have reported that they have received a phishing email pretending to be from 3Commas with the subject "Reimbursement Plan"
This email was NOT sent from 3Commas.
Information about official 3Commas email addresses and other information to ensure the best security for your account can be found on this Help Article.