Investing in bitcoin like a ROTH IRA/401k ?

[heavenskrow]

So obviously tax implications aside.....

let's say every payroll after tax, I take a portion of my paycheck and invest 10-20% of that into cryptocurrencies. Since I can buy fractions of it, it would be similar to roth ira/401k in terms of buying fractions of it consitently and accumulating a larger % as time goes on by.

Is this idea realistic/legitimate?

 

[heavenskrow]

bumpppp

 

[Nobert]

With all due respect,

could it be, that a thought like this,

was sparked by fomo ?

Thank you.

 

[heavenskrow]

Hmmm, I was waiting for 2500 level on BTC but it started taking off at support at 3k. Eitherways, I still want to accumulate fractions of BTC-however small it is and build a larger holding.

Was wondering if I can just purchase fractional BTC every few weeks like a ROTH IRA

 

[HolyGrailSeeker]

Hmmm, I was waiting for 2500 level on BTC but it started taking off at support at 3k. Eitherways, I still want to accumulate fractions of BTC-however small it is and build a larger holding.

Was wondering if I can just purchase fractional BTC every few weeks like a ROTH IRA

Why not?

I would say diversify a little bit. A good way is to put monthly into whatever coins based on their total market cap %.. for e.g btc is 60% Eth 10%...down to 1%.