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The Bitcoin (BTC) thread
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<blockquote data-quote="Caractacus Potts" data-source="post: 1405653" data-attributes="member: 3706"><p>I think I know the answer to this question but I am curious to hear opinions from more established crypto investors...</p><p></p><p>What are your thoughts on purchasing Grayscale Bitcoin Trust (GBTC) in an IRA? My two major concerns are 1) I don't personally hold my BTC in a wallet and 2) what if these are like the GLD or SLV ETFs, i.e., they don't hold actual BTC just a promise to buy it.</p><p></p><p>I have been purchasing BTC for a few months and will continue to do so (DCA) but I have some money in my IRA that I would like to put to work.</p></blockquote><p></p>
[QUOTE="Caractacus Potts, post: 1405653, member: 3706"] I think I know the answer to this question but I am curious to hear opinions from more established crypto investors... What are your thoughts on purchasing Grayscale Bitcoin Trust (GBTC) in an IRA? My two major concerns are 1) I don't personally hold my BTC in a wallet and 2) what if these are like the GLD or SLV ETFs, i.e., they don't hold actual BTC just a promise to buy it. I have been purchasing BTC for a few months and will continue to do so (DCA) but I have some money in my IRA that I would like to put to work. [/QUOTE]
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