BonsaiGrace
Tue Jul 16 2024
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6 answers
744
Can you buy into a Bitcoin IRA with US dollars?
Could you please clarify the process and feasibility of investing in a Bitcoin IRA using US dollars? I'm particularly interested in understanding if it's a straightforward transaction, what the potential tax benefits are, and if there are any additional requirements or steps involved. Additionally, I'd like to know if the value of the Bitcoin in the IRA is subject to the same market fluctuations as Bitcoin outside of an IRA. Your insights would be greatly appreciated as I'm considering this investment option.
