401k Accounts Can Be Use to Buy Crypto on Coinbase! by mawit07

hive-167922 · @mawit07 · Jun 11 '21

$17.39

401k Accounts Can Be Use to Buy Crypto on Coinbase!

![image.png](https://i.imgur.com/ss7K6Jg.png)

<div class="text-justify">

What a time to have more funds to purchase cryptocurrency since it has drop on average close to 50% from all time highs. A 401k provider, ForUsAll Inc, has come out with a joint coloration with Coinbase to allow its customers to invest up to 5% of their 401k into cryptocurrency.

<h3>401k Cryptocurrency</h3>

It may appear to be small considering 5% of a 401k being the limit. However there is over $28 trillion of assets in 401k that is invested in the markets.  

![image.png](https://i.imgur.com/ntDe6UI.png)

In addition to allowing 401k money to be invested in crypto it is important to note that 401k money is usually held long term, until the investor retires. With assets that are in crypto for the long haul it will stabilize coin prices as more money is supporting the assets.

<h3>Conclusions</h3>

This is only the beginning of another asset class, 401k, that can be used to invest into cryptocurrency. Imagine the limit of only 5% buy is removed and how much more liqudity can flood into the crypto market. As of current crypto prices the market cap is a little under $1.5 trillion. If 401k assets are $30 trillion then 5% of that is $1.5 trillion. Look at the potential amount of dollars that can be invested in crypto.

None of this is cryptocurrency investment advice. This is for entertainment purposes only.  Thanks for reading.

</div>

<a href="https://www.wsj.com/articles/coinbase-teams-up-with-401-k-provider-to-offer-crypto-11623317402">WSJ 401k for Crypto Source Article</a>

<center>
https://images.hive.blog/DQmVsxUBNSEttko3J3d7LDXL9BWGYLXLXAs798Z1EPjeUdf/image.png
</center>


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👍 broncnutz, jphamer1, neoxian, ctpsb, sandymeyer, whalestrail, vipservice, simplifylife, vimukthi, windowglass, pouchon, solairitas, kevinwong, wilhb81, aagabriel, hivehustlers, emsonic, mytechtrail, sharkthelion, winniex, mrpointp, marfonso, mrspointm, brucutu, bitrocker2020, badge-107955, lovequeen, resiliencia, hive-132175, annepink, madstacks, duckmast3r, simplymike, nostalgic1212, cheva, dwarflordnoj, jychbetter, aellly, goldcoin, freecrypto, engrsayful, jerrybanfield, julian2013, solairibot, otage, moeenali, world-travel-pro, badstrategylive, legendchew, andy4475, ano123, cnfund, thatsweeneyguy, canna-collective, webdeals, seckorama, mdosev, beemengine, elizacheng, zord189, jlordc, ireenchew, cherryzz, intrepidthinker, and 271 others

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properties (23)vote details (335)

voter	rshares	pct
tombstone	9,722,436,131	0.45%
kevinwong	138,821,251,414	2.5%
kaylinart	9,613,268,308	2.5%
mangou007	130,928,774	5.38%
neoxian	4,860,855,025,494	30%
raymondspeaks	2,387,584,368	30%
sinzzer	3,512,250,822	5%
happyphoenix	4,890,188,732	5%
webdeals	31,318,143,759	5%
jphamer1	7,346,832,132,021	100%
bert0	469,694,959	5.38%
theb0red1	10,267,657,025	5%
rangertx	6,574,762,315	5%
oldtimer	17,595,255,123	51%
mikehere	1,017,187,556	5%
seckorama	31,021,249,201	20%
cnfund	34,594,945,682	20%
rymlen	3,265,503,283	5%
bigtakosensei	5,698,158,298	5%
freecrypto	42,432,817,833	5%
elizacheng	27,601,825,876	20%
hattaarshavin	21,726,359,652	5%
omitaylor	1,698,229,190	20%
andy4475	35,325,797,157	100%
intrepidthinker	24,305,721,156	5%
pouchon	193,663,456,697	5%
ganjafarmer	1,974,576,425	2.5%
sharkface	5,173,220,228	5%
sames	2,062,317,633	5%
thatsweeneyguy	33,858,845,657	100%
linakay	2,242,396,408	5%
melooo182	610,707,493	10%
broncnutz	9,793,812,335,132	100%
jerrybanfield	40,608,431,869	5%
world-travel-pro	35,759,204,973	5%
bitrocker2020	63,015,113,626	5%
tj4real	2,657,022,344	5%
reloadbeatbox	1,041,134,710	5%
mdosev	30,146,407,386	60%
artsygoddess	9,765,475,773	50%
roncoejr	1,272,094,588	5%
gingerninja	1,870,591,377	10%
hotsauceislethal	3,642,080,937	50%
moemanmoesly	7,834,561,223	5%
duckmast3r	49,422,784,969	100%
joeyarnoldvn	514,615,588	1.73%
zainalbakri	4,597,445,575	5%
mike314-0005	521,239,722	25%
mrpointp	80,859,293,904	20%
sallybeth23	6,222,482,386	5%
shebe	846,125,687	6%
madstacks	50,145,806,569	16%
goldcoin	42,479,210,781	100%
phelimint	2,504,625,716	5%
resiliencia	54,773,955,599	5%
jeanlucsr	9,640,540,394	5.5%
schubes	539,436,326	31%
vimukthi	238,737,616,175	100%
otage	37,645,181,073	5%
aaronleang	1,145,594,787	5%
aftabkhan10	10,301,471,770	5%
cflclosers	1,524,194,687	4%
mrspointm	79,931,064,940	20%
bradfordtennyson	3,639,596,536	2.5%
chimzycash	3,842,581,168	5%
aamirijaz	1,901,028,811	15%
veenang	3,748,484,947	3%
migueliglesias	1,477,436,482	50%
simplifylife	286,992,159,517	100%
mawit07	19,093,366,188	20%
sayee	13,105,435,913	15%
zord189	26,610,221,068	5%
flamingirl	304,410,554	5.38%
jaforce	2,086,762,003	5%
jychbetter	45,013,651,146	20%
winniex	81,473,037,576	20%
dbooster	5,446,635,670	5%
maverickfoo	13,951,352,577	50%
michaeljn	1,860,178,515	5%
notimetospace	732,845,669	5%
myach	14,979,573,406	5%
tworealsolutions	2,243,908,318	5%
mattroconnor	1,370,673,359	5%
xabi	18,761,079,552	5%
windowglass	223,278,983,790	20%
angelina6688	11,963,935,427	20%
seyiodus	1,693,275,203	20%
mytechtrail	87,699,118,355	25%
elderson	2,664,339,454	5%
auleo	13,976,633,444	20%
cheva	46,973,539,478	20%
designieplay	896,969,036	5%
syedmazharali	353,273,466	20%
burlarj	8,212,195,364	5%
slacktmusic	745,169,227	5%
gandhibaba	21,375,327,167	5%
enmaart	6,442,257,712	5%
aagabriel	114,185,529,097	50%
ikrahch	19,711,138,472	5%
wilhb81	133,836,861,528	20%
jlordc	26,137,027,109	30%
organicgardener	608,643,267	25%
cherryng	9,019,000,170	20%
letshodl	1,031,203,867	100%
rainingfall	2,127,042,119	100%
royaleagle	4,022,662,581	50%
nostalgic1212	47,803,061,728	20%
moeenali	36,736,228,338	5%
funkymunky20000	604,574,563	5%
gawz69	535,836,258	50%
anikys3reasure	2,219,074,248	15%
bhattg	22,555,856,517	20%
jglake	5,323,777,652	20%
randumb	989,446,267	3.75%
wanaf	549,760,726	5%
watchlist	335,201,730	100%
frassman	646,844,355	7.5%
babarakas43	5,671,959,912	5%
doomsdaychassis	5,210,476,980	25%
simplymike	48,951,663,414	50%
kymio	523,322,786	3.75%
vonaurolacu	1,287,811,052	2.5%
greendeliverence	2,364,327,720	5%
truce	10,115,534,565	5%
abrockman	11,355,899,928	5%
hypersonic1	19,125,990,108	5%
rawn	4,581,674,735	5%
mimidee74	1,066,392,350	5%
koenau	841,887,730	2.5%
aellly	44,837,386,806	20%
stmdev	401,526,617	10%
thomasbrown	6,847,130,593	5%
paragism	5,681,676,976	27.5%
demondantv	4,308,793,881	5%
yameen	9,420,303,111	5%
headcrypto	755,416,035	5%
tiket	2,268,084,710	5%
flxlove	3,122,015,224	50%
rollandthomas	2,589,232,757	2%
legendchew	35,328,440,886	100%
tresor	6,518,107,982	5.38%
ityp	1,488,431,060	50%
manojbhatt	2,634,079,816	30%
cryptokannon	2,003,179,764	5%
chinyerevivian	4,563,019,440	5%
thanksforplaying	4,007,171,579	50%
altruisticbot	969,128,855	20%
rightwing670	11,350,188,342	5%
meins0815	9,223,813,722	20%
ifeoluwa88	13,644,586,964	30%
ragnar94	944,147,196	5%
amahovac93	10,029,492,372	5%
crimo	607,783,024	10%
aro.steem	2,967,727,390	20%
meher04	2,339,408,670	30%
archisteem	1,245,763,428	7.5%
steemxp	827,497,865	5%
nassifelias	7,420,872,809	20%
lagtv	3,789,843,379	20%
byebyehamburgers	2,523,561,681	5%
gaottantacinque	357,196,500	100%
nattybongo	980,887,003	5%
whalestrail	526,325,902,061	100%
emsonic	110,480,340,443	20%
lilzmom902	1,706,631,925	5%
ireenchew	25,227,348,177	5%
sunai	5,736,363,531	20%
jluvs2fly	4,139,892,422	5%
gasaeightyfive	447,279,215	100%
julian2013	40,383,674,440	20%
badpupper	5,122,855,574	20%
mobi72	7,155,994,510	15%
kofie	0	15%
justinchicken	981,370,710	5%
theexcelclub	1,170,776,048	5%
maeusenews	1,296,416,800	5%
cryptohodlgroup	6,484,948,492	5%
bobby.madagascar	1,918,873,907	5%
cribbio	452,835,220	100%
marfonso	80,264,821,293	5%
canna-collective	33,034,168,096	100%
bonnie30	556,430,123	25%
annepink	51,112,067,248	20%
cryptoxicate	9,148,665,996	5%
cherryzz	24,760,683,042	20%
itharagaian.net	3,108,479,529	100%
jimbi	2,293,326,880	5%
memeteca	696,410,239	5.38%
oac	524,251,354	50%
wallets4sale	1,003,931,116	50%
nworb	2,954,719,897	5%
ketcom	741,732,053	5%
david.dicotomia	2,234,667,384	5%
solaiman	2,767,706,663	5%
mfarinato	2,214,542,744	20%
brucutu	74,254,523,226	5%
ferrate	3,270,798,367	5%
milyy	2,159,412,300	50%
cryptovues	2,740,998,296	5%
noekie	669,846,315	25%
e-r-k-a-n	3,852,562,153	5%
golddeck	3,981,891,068	50%
logantron	1,058,382,487	50%
iamthegreat	543,669,203	25%
battlemaster	1,630,319,884	25%
ladyyunajay	840,579,540	18%
naythan	661,124,334	100%
paleotwist	1,316,809,421	5%
zellypearl	2,401,661,818	5%
monsterdoom	812,502,198	25%
hans001	2,056,163,564	5%
yanhan	13,313,182,077	20%
jlordz	1,198,100,155	30%
pedrobrito2004	5,742,180,005	20%
c4cristi3	1,905,444,066	5%
ano123	34,925,943,670	5%
itisjustme	546,737,232	25%
jackramsey	852,499,799	4.25%
coreyssteemit77	523,391,859	5%
engrsayful	42,026,743,323	100%
backscratcher	2,176,394,946	5%
x-tech	8,629,092,382	5%
coredump	30,890,763	10%
helgalubevi	531,393,971	2.5%
solairitas	189,335,953,890	50%
deeanndmathews	14,368,578,394	25%
dailyke20	14,872,988,070	20%
xyzxyz	2,236,157,062	5%
botony	166,148,627	6.92%
dark.light	3,856,258,080	20%
haxxdump	119,203,477	10%
evanstinger	1,965,592,981	5%
ale.aristeguieta	610,686,290	20%
queengaga	2,142,161,025	51%
aekraj	4,174,690,606	5%
worldhelper	1,620,756,029	50%
h-hamilton	1,726,062,543	5%
mindtrap-leo	1,277,696,557	51%
vxc.leo	182,922,788	15.3%
bearjohn	1,384,614,554	75%
mktmaker	663,042,964	72.75%
supremebape	9,482,800,192	5%
kryptoking1	2,668,862,323	5%
atyh	7,027,498,470	20%
abh12345.neox	0	8.1%
maddogmike	14,544,410,486	25%
steemer-sayu907	10,251,217,066	20%
elianaicgomes	15,938,016,458	27.5%
marriakjozhegp	1,188,946,614	30%
maxuve	6,557,687,247	1%
bilpcoinbot	1,259,984,118	50%
vipservice	442,845,735,369	100%
naej	939,554,883	5%
rpi	18,366,288	10%
tonimontana.leo	388,318,823	15.4%
tonimontana.neo	0	0.39%
sandymeyer	675,607,056,408	27.5%
toni.ggame	0	1.87%
rehan.neox	900,187,333	30%
tariqul.bibm	1,033,855,559	51%
pavelsku	6,019,573,628	20%
dalz2	868,060,390	100%
sharkthelion	83,864,085,397	25%
toni.pal	0	0.69%
gloriaolar	9,450,959,145	6%
photosnap	2,053,868,686	5%
lbebagz	546,300,396	5%
kgsupport	648,784,453	15%
itmp	521,652,708	50%
actifit.mmplayer	18,035,468,506	20%
solairibot	40,138,323,292	50%
gooddeck	934,053,273	50%
beemengine	28,378,188,162	20%
wepix	1,284,880,352	100%
phython	832,668,294	35%
zeusflatsak	602,359,149	2.5%
lovequeen	54,854,732,595	20%
dagadu	0	30%
ykretz	23,164,975,636	50%
thepeakstudio	1,116,739,817	25%
hive-132175	51,840,875,671	13.75%
janaliana	8,419,174,117	27.5%
badge-107955	57,108,152,705	13.75%
bnk	7,193,686,874	5.38%
mpath	2,987,391,802	100%
bobodan	20,305,976,287	5%
littleksroad	1,751,410,253	20%
holoferncro	8,082,531,847	10%
mami.sheh7	818,252,598	15%
gradeon	1,100,674,649	5%
hivelist	15,546,654,389	5%
hive-169313	8,279,072,262	100%
hivehustlers	111,596,800,137	50%
kitrewq000	5,938,321,423	20%
logicforce	6,578,508,931	100%
plusvault	2,010,407,705	100%
zartisht	23,230,141,822	5%
brofund-ag	1,603,529,811	30%
aslehansen	7,954,508,842	55%
badstrategylive	35,344,818,092	20%
aceh-media	6,231,114,388	5%
hivevote	711,016,423	20%
beemd	2,830,585,732	100%
myupvote2u	1,050,108,706	50%
friendlymoose	7,614,481,400	10%
ctpsb	1,284,668,777,822	55%
casilokodesing	4,969,689,642	20%
jamesalberto	26,892,442	20%
text2speech	1,051,280,141	30%
thisis.zara	1,015,617,973	5%
podewils	274,802,610	100%
veramen	661,179,299	100%
zanoz	3,120,236,857	5%
crc	0	10%
pancovideo	7,673,007,357	20%
dannychain	833,995,600	20%
playbyhive	2,381,180,082	5%
morogambler	3,406,431,211	20%
mylibrary	2,409,592,914	50%
cbridges573	7,533,432,230	27.5%
fbpowers	0	10%
luckyali.ctp	1,701,568,683	55%
star.leo	1,382,197,680	51%
dwarflordnoj	45,421,693,308	50%
ricestrela	8,410,420,636	20%
nicklyons	3,604,859,172	20%
eforucom.leo	123,263,964	100%
r-cine	204,701,447	15%
brutalmonkey	629,692,096	100%
onealfa.pob	0	1.01%
duwiky	1,880,259,433	5%
hive.phyowinkoko	3,765,554,465	20%
creative-pi	21,185,601	10%
iam.sayanta	13,169,832,098	5%
libertypob27	971,131,197	100%

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