Elliott Rashed

Dollar cost averaging, small consistent buys each week or month using Swan Bitcoin and never sell unless you absolutely need to. If you’re in profit you can take your initial investment out and let the profit ride. But with Bitcoin I never sell. The only two investing principles that helped me out

Cathy Jacobs

Jun 19

General discussion

Your honest opinion

What strategies do you employ to navigate the volatile nature of the crypto market while ensuring long-term growth and sustainability in your portfolio?"

New comment 9d ago

Elliott Rashed

0 likes • 9d

Dollar Cost Averaging, consistent small buys and never sell. I only buy Bitcoin now, all other coins to me are gambles

Ted Carr

May 19

General discussion

Before you invest in bitcoin...

I would suggest doing at least 10 hours of research on it so you don't make any dumb mistakes or get scammed. You can start here. The entire classroom is FULL of everything you need to know about bitcoin.

New comment 4d ago

Elliott Rashed

0 likes • 9d

Personally I rolled over my traditional IRA from the job I left into swan Bitcoin as a traditional IRA. I had swan convert it to a Roth IRA and payed taxes on the funds for 2023. Now that it’s in a Roth IRA the growth of the Bitcoin is now tax free. I feel pretty free with this other than having to wait until 59 1/2 years old but there may be a day in the future where loans/mortgages can be taken out against the asset.

Ted Carr

Nov '23

Questions

How many bitcoin do you have?

👀

Poll

58 members have voted

New comment 9d ago

Elliott Rashed

0 likes • 9d

@Ted Carr with a swan Bitcoin Roth IRA I believe it’s possible to self custody if I open up a trust fund, have you heard anything around that?

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