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What if you could build a $1 million Bitcoin portfolio and potentially pay $0 in taxes when you sell?

In this video, I break down how crypto taxes work, why buying Bitcoin in a taxable account can potentially create a six-figure tax bill over time, and the strategy I’m personally using to buy Bitcoin every single week inside a Roth IRA.

This video is sponsored by iTrustCapital.

I personally use iTrustCapital for my Bitcoin Roth IRA, and right now I’m investing $70 per week into Bitcoin using recurring purchases.

Get a $100 funding bonus when you open and fund an eligible iTrustCapital account with at least $1,000:
https://www.roadmapmoney.com/itrustcapital

In this video:
- How Bitcoin and crypto gains are taxed
- Short-term vs. long-term capital gains
- Crypto tax-loss harvesting and the wash sale rule
- Why trusts usually aren’t practical for normal crypto investors
- What a self-directed IRA is
- How a self-directed Roth IRA can hold Bitcoin
- Why I personally use iTrustCapital
- How to set up recurring Bitcoin purchases
- My $70-per-week Bitcoin investing strategy
- How $7,500 per year could potentially grow past $1 million
- How qualified Roth IRA withdrawals can potentially be tax-free
- How you may be able to take Bitcoin itself as an in-kind distribution in retirement

CHAPTERS:

00:00 How Two Bitcoin Investors Could Pay Completely Different Taxes  
01:22 How Crypto Taxes Actually Work  
03:13 Crypto Tax Strategies and “Loopholes”  
05:16 The Self-Directed IRA Strategy  
06:39 Why I Use iTrustCapital  
07:35 How I Buy $70 of Bitcoin Every Week  
10:09 Building a $1 Million Bitcoin Portfolio  
10:59 What If You Max Out Your Roth IRA?  
11:59 Taking Bitcoin Out Tax-Free in Retirement  
12:30 My Long-Term Bitcoin Strategy  
13:05 How to Get the $100 iTrustCapital Bonus

Quick disclaimer: This video is for educational and entertainment purposes only and is not financial, investment, tax, or legal advice. I’m sharing my own opinions and experiences, and your financial situation may be different, so always do your own research and consider speaking with a qualified professional before making financial decisions.

DISCLOSURE:

This video is sponsored by iTrustCapital. I may also receive compensation if you sign up through my link at no additional cost to you.

The 15% Bitcoin return used in this video is a hypothetical example only and is not a prediction or guarantee of future returns. Bitcoin and other cryptocurrencies are highly volatile and can lose substantial value.

#Bitcoin #RothIRA #CryptoTaxes