The Top Assets to Hold in Your Crypto IRA for 2022
Creating Your Model Portfolio
All in all even though the close of 2021 was a big letdown for many in the cryptocurrency investing space, the year was still up from the beginning.
Bitcoin opened 2021 in January at $28,951 and closed out December at $46,219 with an inter-month high of $59,064. In between it reached an all time high of $68,990 in November of 2021.
Not a bad ROI compared to Gold and Stocks.
How To Play the Cycles
Before we get into the Top Assets to hold for 2022, you need to evaluate your long term Crypto IRA strategy. Are you a Set It and Forget It HODLer or do you need to maximize your ROI because you are reaching retirement age?
In my previous articles we discussed the tax advantage of having a Crypto Roth IRA and we also discussed lessons learned Preparing for the next Big Crypto Kahuna Wave. If you haven’t read those articles, please do and then come back to this article.
Once you’ve lived through a few cycles you begin to see a pattern that you can safely capitalize on and increase your ROI, but again things do not always play out the way you expect.
Thankfully, if you miss one cycle, you’ll be ready for the next one or if you’re still HODLing when the price goes against you, in time the pendulum will swing again in your favor.
Always remember the trend is your friend and when people start FOMOing (Fear of Missing Out) into the market, it’s time to consider moving profits into stable coins.
Now is the time to re-align and prepare for the next big wave of 2022 and if you still underwater in your investments, it’s ok — consider moving your allocated yearly allowance of $6,000 ($7,000 if over 50 years of age) into your Crypto Roth IRA.
As I write this prices are at new low points and now is the time to make the move.
Your Ideal 2022 Crypto IRA Asset Portfolio
I’ve been saying for the last year that a big crypto consolidation is coming and I believe is currently in play. While it’s great for the market to have a dozen Layer-2 Protocol companies each claiming to have reduced ETH fees, only a few will ultimately rise to the top and the rest will either be bought out or will dissolve.
The market we are in is similar to the .com market of the early 90’s where investors just threw money at every new .com business in a shotgun approach but in the end, most went out of business or were merged with other companies.
Given there are 1000’s of projects in the market right now and depending on where you keep your Crypto Roth IRA, my model portfolio uses the current assets available on iTrustCapital, which will also be available on the other Crypto IRA companies like Alto and Choice.
Exposure by Sector
Your model portfolio should be divided into three sectors: monetary, network and application protocols.
This allows us to have increased momentum as we capture gains from the top tiered assets of each sector.
Exposure by Market Cap
We further break our sectors into Market Cap so that we can capture steady Big Cap income, Mid Cap growth and Small Cap breakouts.
There are others available, such as Litecoin and Bitcoin Cash but I just feel at this time many are moving out of these into newer opportunities and their value isn’t what it once was.
All importantly, you always want to have a position in a Stable Coin to be able to move quickly when a buying opportunity presents itself. Read my article on Preparing for the Big Crypto Kahuna Waves to position yourself accordingly.
We also have a portion of our portfolio in metals, which only iTrustCapital allows holding with no storage fees.
As always, I will adjust the portfolio every six months, so hit that Follow button above to subscribe.
Speculative and everyday spending coins should be held in a personal account such as Crypto.com or BlockFi, both which offer Debit/Credit cards.
Keep in mind we are looking at long term growth but we also want to take advantage of cyclical trends to maximize our Return on Investment (ROI).
Each selection plays an important part in the overall Crypto Ecosystem and in my next article, I will go through each Sector and Market Cap in more detail.
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Open an ALTO Crypto Roth IRA Today
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About the author:
Jeffrey Clarke is a researcher, investor, writer, author, speaker, photographer and has been in the computer industry for over 30 years. A graduate of the Lansdale School of Business, he holds a degree in Computer Science and has run several businesses in the import/export, investment, real estate development and computer consulting industries.
Crypto and Investment Experience:
Since the 1990’s he started investing in gold/silver, real estate and has recently diversified into Bitcoin and Crypto currencies.
Editorial Topics and Publication Management:
• Unbanking yourself and using crypto.
• Preparing for Retirement with Crypto IRAs.
• Altcoin Company Analysis and interviews.
• Companies meeting real world solutions using crypto.
• The future of NFTs.
• Visionary elements of living in cashless society.
Personal Hobbies and Interests:
• Philanthropy efforts in Making the World a Better Place.
• Hiking and camping.
• Photography.
• Good food, good fellowship and learning about new cultures.
Now accepting 2022 Speaking Engagements.
Twitter: @crumbsbit
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