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Cryptocurrency
Posted by George Blower on April 24, 2021 at 7:03 amTell us about your experience investing in Cryptocurrency.
Alexia Gold replied 3 years, 1 month ago 5 Members · 8 Posts -
7 Replies
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i’m new to it
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Thank you for sharing your experience. I was initially just holding my btc but now I’m interested in staking. Do you know anything on the platform called bRing ( https://bring.finance/ )? Is it safe to use it?
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George Blower
November 18, 2021 at 3:03 amWhile we don’t have specific feedback regarding the safety of that specific platform, I note that if you choose to invest Solo 401k funds through the platform you would need to do so via an account opened under the name & EIN of the Solo 401k. Please also see the following post on staking: Staking Cryptocurrency in Your Retirement Account including Solo 401k & Self-directed IRA LLC – My Community (mysolo401k.net)
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Rob T.
November 29, 2022 at 2:09 pmHi George,
I hope your Thanks Giving was fun and painless.
George, I opened up an account with FTX, deposited funds and the next day they filed bankrupcty.
I then went to Coinbase, followed your video instructions and applied for a Trust account. It’s going on two weeks and I have not heard from them.
I want to open a solo401k Roth crypto account.
Where should I go now to do this, since Coinbase seems to be not so responsive.
Rob T.-
George Blower
November 30, 2022 at 1:56 amThanks for sharing your experience. Based on feedback from other clients, Coinbase’s processing time is longer than other exchange so some clients will open an account a different exchange in the meantime (e.g. Gemini, CBOE (formerly ErisX), etc.).
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Alexia Gold
July 13, 2023 at 3:48 amI invested in crypto several years ago, then I faced some financial issues, so I sold all my coins to solve them. No regrets as crypto helped me avoid debts.
But today the situation in the market is different. Increased prices, inflation and other factors make more people think twice before investing. What do you think? Is it a good time to buy coins now? and if yes, which ones?
Alexia Gold
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