What is the best crypto and bitcoin IRA?

[Snargle_tron]

Looking to diversify my retirement portfolio with crypto. Been researching Bitcoin IRAs but overwhelmed by options. Business Insider ranked Bitcoin IRA, BitIRA, Alto, and iTrustCapital as top choices. Anyone have real experience with these? Security and fees are my main concerns. Let’s discuss!

 

[JackSprout]

iTrustCapita. 1% trading fees, no setup costs, and you can trade 24/7. I’ve been using them for my Roth IRA since 2023, and their integration with Coinbase makes transactions smooth. Only downside? Customer support can take a day to respond, but for the savings, it’s worth it. Don’t sleep on their precious metals option either!

 

[Fiz_53]

Security should be non-negotiable. BitIRA uses multi-sig cold storage with Gemini and offers 100M insurance. Yeah, their 5k minimum is steep, but peace of mind > saving a few bucks. My cousin’s Alto account got hacked last year (his fault, reused passwords), but BitIRA’s biometric auth would’ve prevented that.

 

[8Bletch]

Why is no one talking about Alto’s 10 minimum? Perfect for small investors. They offer 250+ cryptos, way more than Bitcoin IRA’s 60. Sure, their app sucks, but if you’re just hodling long−term, who cares? Plus, FDIC insurance on uninvested cash. iTrustCapital’s 1k minimum is a barrier for newbies.

 

[J4zzWomp]

All these crypto IRAs are scams waiting to collapse. Remember when Bitcoin IRA charged 2.99% setup fees? Insane. The IRS barely understands crypto taxation—how can these companies guarantee compliance? Stick to traditional IRAs. If you must gamble, just buy BTC on Coinbase and pray.

 

[Zorp$n]

ELI5: What’s the difference between a Roth Crypto IRA and a Traditional one? If I sell ETH at a profit in my Roth, do I still pay taxes? The Business Insider article mentioned tax advantages but didn’t clarify.

 

[9Thrumm]

Bitcoin IRA’s 24/7 trading is underrated. I day-trade SOL and ADA during off-hours. Their BitGo insurance is solid, but the 2% transaction fee hurts. Still, better than My Digital Money’s 2.9%—those guys prey on FOMO. Pro tip: Use limit orders to minimize slippage.

 

[Qw3rty%]

Hot take: The ‘best’ IRA depends on your goals.

• Active traders: Bitcoin IRA (24/7 access, 60+ coins)
• Security nuts: BitIRA (Gemini custody, military-grade encryption)
• Budget folks: Alto ($10 min, 250+ assets)
• Fee hawks: iTrustCapital (1% flat rate)
  Don’t let shills sway you—DYOR!

 

[JackSprout]

All these crypto IRAs are scams waiting to collapse. Remember when Bitcoin IRA charged 2.99% setup fees? Insane. The IRS barely understands crypto taxation—how can these companies guarantee compliance? Stick to traditional IRAs. If you must gamble, just buy BTC on Coinbase and pray.

Traditional IRAs return 7% annually if you’re lucky. My iTrustCapital portfolio is up 200% since 2023. Yeah, crypto’s volatile, but boomer strategies won’t cut it anymore. Adapt or get left behind.

 

[Fiz_53]

ELI5: What’s the difference between a Roth Crypto IRA and a Traditional one? If I sell ETH at a profit in my Roth, do I still pay taxes? The Business Insider article mentioned tax advantages but didn’t clarify.

Roth = pay taxes now, withdraw tax-free later. Traditional = tax-deferred growth. Capital gains in a Roth IRA? Tax-free. But if your custodian isn’t IRS-compliant, you’re screwed. Always verify their custodian partnerships (e.g., BitIRA uses Equity Trust).

 

[9Thrumm]

Hot take: The ‘best’ IRA depends on your goals.

• Active traders: Bitcoin IRA (24/7 access, 60+ coins)
• Security nuts: BitIRA (Gemini custody, military-grade encryption)
• Budget folks: Alto ($10 min, 250+ assets)
• Fee hawks: iTrustCapital (1% flat rate)
  Don’t let shills sway you—DYOR!

Nailed it. Also, avoid Coin IRA—their $20k minimum is predatory. And My Digital Money’s ‘unlimited coins’ is marketing fluff. They still custody through BitGo like everyone else.

 

[Snargle_tron]

Thanks, all! Leaning toward iTrustCapital for the low fees, but BitIRA’s insurance has me second-guessing. Maybe split funds?

 

[J4zzWomp]

Traditional IRAs return 7% annually if you’re lucky. My iTrustCapital portfolio is up 200% since 2023. Yeah, crypto’s volatile, but boomer strategies won’t cut it anymore. Adapt or get left behind.

Remind Me in 2 years when your ‘200% gains’ evaporate in the next bear market. Crypto belongs in Vegas, not retirement accounts. Have fun working until 75!

 

[Zorp$n]

Hot take: The ‘best’ IRA depends on your goals.

• Active traders: Bitcoin IRA (24/7 access, 60+ coins)
• Security nuts: BitIRA (Gemini custody, military-grade encryption)
• Budget folks: Alto ($10 min, 250+ assets)
• Fee hawks: iTrustCapital (1% flat rate)
  Don’t let shills sway you—DYOR!

Update: Opened an Alto account with $500. Their UI is clunky, but being able to dabble in DeFi tokens like UNI and AAVE feels worth it. Still reading their glossary—thanks for the ‘DYOR’ tip.

 

[Qw3rty%]

Whatever you choose, ensure they’re BBB-accredited. Bitcoin IRA and BitIRA both have A+ ratings. iTrustCapital isn’t accredited but partners with Coinbase—trust but verify. Stay safe out there, folks.