Cryptocurrency Investing

Could Cryptocurrency Pricing Volatility Be Good for Investors?

November 6, 2018
That makes them a very popular option for investors looking to take advantage of the asset appreciation of cryptocurrencies while still benefiting from the advantages of traditional retirement accounts.
– Strategic Coin

According to Strategic Coin, cryptocurrency investors are becoming aware of using a self-directed IRA for the tax benefits.

Investing with an IRA: Potential to Take Advantage of Volatility and Mitigate Taxes

Knowing the potential tax benefits, cryptocurrency investors are evaluating options for using IRAs. Some current options available for investing with an IRA have slow purchase and sale processes.

The delay in processing when it comes to buying and selling coins can be problematic for strategic cryptocurrency investors who utilize the potential advantages of volatility.

Equity Trust Company’s Digital Asset Platform combats this for their clients, with real-time trading, to potentially take advantage of these highs and lows.

With Equity Trust’s Digital Asset Platform, the prices of cryptocurrencies automatically refresh every 45 seconds, allowing users to take advantage of rapid changes in coin prices if they prefer to strategize in correlation with the volatility in their tax-advantaged IRA. The Digital Asset Platform has T+1 settlement.

Some of the investments Equity Trust clients make using their self-directed accounts include real estate, tax liens, digital currencies such as Bitcoin, private lending, purchasing notes, private placements, precious metals, forex and other investment options that are permissible under IRS guidelines.

To set up a self-directed retirement account with Equity Trust visit myEQUITY and start the process today. You can also visit How to Get Started for more information. Or simply schedule a free, one-on-one consultation with an Equity Trust Senior Account Executive.


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