Today, we dive into an alternative to mining your own Bitcoin. Can you own BTCI and earn Bitcoin without doing much work.
Buy me a Sweet Tea:👉
Income Factory Book 👉
Affiliate link Seeking Alpha 👉
Link to the channel: 👉
🔗 Shop My Favorites on Amazon! 🛒
Explore my curated Amazon storefront filled with must-have products, top picks, and hidden gems that I personally love and use. From everyday essentials to unique finds, you’ll discover items that elevate your lifestyle. Click the link below and check out what’s trending in my world!
👉
DISCLAIMER: Income Architect does not provide financial, investment, tax, or legal advice. None of the content on the Income Architect channel is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. Income Architect (Brad) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses a considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.
#BTCI #bitcoin #bitcoinmining
[ad_2]
source
Wow left the bloopers in for you.
👉https://www.amazon.com/shop/incomearchitect
Buy me a Sweet Tea:👉 https://ko-fi.com/incomearchitect
Income Factory Book 👉 https://amzn.to/3ZCzp1p
Affiliate link Seeking Alpha 👉 https://www.seekingalpha.link/3RJ5GCX/2QZRGT/
Link to the channel: 👉 https://www.youtube.com/@Income_Architect?sub_confirmation=1
Brad thank you again
do younknow how this fund is being taxed?
Looked on the Neos website. BTCI fell -4% yesterday. Bit/Ask spread is 0.38%. Has a 0.44% Premium. Pay too much as it plummets in value.
Van Ex Hodl has their Bitcoin in Coinbase, which is an unregulated brokerage. It would have been better if they used Fidelity's FBTC (or something), which holds the Bitcoin in Fidelity's regulated brokerage. All the SEC has to do is say that Bitcoin ETFs must hold their BTC in an SEC regulated brokerage/exchange, and all the ETFs holding at Coinbase will lose everything.
Mining Bitcoin is even more wasteful of resources than coal mining or any kind of mining.
Get incomes from BTCI, CONY then get some BTC ❤
Would love to see you go into more depth with bitcoin ETF’s in general and also the tax implications for holding BTCI in a taxable account since they use futures for the synthetic position but it doesn’t say 1256 contracts on the website…?
❤
Rex Shares is starting a bitcoin fund as well right? CEPI? Any news on that?
Definitely will watch BTCI performs! I think holding IBIT, MSTY and YBTC, BITO and later some BTCI should set up great for future, especially next 12 months before bitcoin bear starts in 2026 and reload again before 2028 new halving. My 2 cents
Interesting, they have similar positions as YBTC from Roundhill. YBTC has only one short call at BITO 21 and the same synthetic setup at BITO 19.
Thanks for your video.
Thanks for this valuable information. Im going to place a limit order and watch this. I like Bitcoin and Msty so this should be good too Thanks again.
Interesting take on this fund. I have Ybtc and am somewhat disappointed. Maybe I’ll switch to BTCI
Very interesting. Thanks Brad!😁
I hold 1.03 btc and glad I'm a 1 coiner.
You told me you wasn't interested in this etf last week because it was going to be on futures.
I wanted some exposure to bitcoin in my portfolio so I got into BITO a few months ago. Maybe change it out for BTCI. Will watch how it performs over the next couple of months
The High Yield King has spoken! Excellent Vid !! Thanks for the nuggets, Brad!
Dipped a toe into BTCI last week.
Thumbnail is NEXT LEVEL!! I trust NEOS based upon what they have done with their index CC ETFs. I am going to watch BTCI for a while longer and then consider moving my BITO and or BITX holdings into it as well as my monthly CONLY dividend when I feel the price is right. Thanks for making this video.
I’ll be watching btci thanks ☺️
Pretty soon, finding a penny on the ground is going to be a thing of the past. How does a bully kid take another's lunch money if it's digital? Bitcoin casinos in Vegas…passing a donation basket in church and you sprinkle in some digital coins, kids with lemonade stands that only accept bitcoin and your transferring it with your neural link just by thought. This is going to get fun!
Do you ever worry about keeping lots of your money in just the NEO's? Wondering have you ever thought about diversifying funds, such as, having an S&P fund from NEOs, a QQQ fund from JPM, and a IWM fund from Blackrock. I don't follow my own advice in this regard, but has definitely been a reoccurring thought.
This is very interesting. I too have a small play in MSTY and ARKB. I do like what NEOS is doing so gonna watch this one. Thanks for bringing this one to our attention!
Do you notice a difference in you electric bill with that liner running? Is it worth the cost in terms of btc yield?
So BTCI gives you income and also has the potential for appreciation?
Great video !!! What is hurdle ?
Thank you so much for this amazing video! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
If you believe anything tanman says about BTC….I'm flabbergasted.
Me C da peoples
Holy crap ..I was just looking at this fund wow …anyway I’ll put it in my watch list and watch for the next 6 months…there’s a lot of new very interest funds … watch only don’t touch…also discovered something very interesting today …I won’t say what it is I’ll see if you pick up on it …you’re smart enough I think you will …
lol like you better than Bitcoin
Trump 2024! 🇺🇸 If you’re into freedom, prosperity, eliminating censorship and reducing the size and power of the federal government, he’s the right choice! Being a crypto supporter is Yuge too! 💯
Definitely adding this one to my watchlist! I like FBTC since Fidelity actually holds their own BTC and doesn’t use a custodian, but the strategy NEOS is using makes a lot of sense for an income play. Either way, super supportive of BTC and all it stands for. Couldn’t agree more about everyone grabbing at least one coin.
I’ll be all over the REX enablers fund when it comes out too. I run the wheel on MARA every month and have been for a few years. 2022 was stressful! But I just stuck to my plan and it worked out extremely well. I sell deep OTM puts and roll down and out if needed. Then take assignment and get fairly aggressive on calls. Then back to puts with very conservative strikes again. Options on MARA bought my Tesla Model Y last year! 😊
thks for the info Brad !
Would love more BTC content from you sir. Thanks and take care.
Got a bunch when this fund came out. Happy with the distribution. Also got out of TSLY and used that to get TSLP. Pretty happy today.