Today, Collect & HODL Co, a subsidiary of ProSnacktive Sales LLC, in collaboration with the renowned toy company Duncan Toys, is proud to announce the launch of a Limited Edition, first-ever Bitcoin-themed Duncan Butterfly XT Yo-yo. This exciting release aims to capture the essence of the Bitcoin journey, symbolizing the market's ups and downs through the playful art of yo-yoing. The Bitcoin-themed yo-yos are now available exclusively on Walmart Marketplace.
A Playful Representation of the Bitcoin Journey
The Limited Edition Bitcoin Duncan Butterfly XT Yo-yo offers a unique and playful representation of the Bitcoin journey. Just like the cryptocurrency's fluctuations, the yo-yo's movements mirror the market's ups and downs. It serves as a reminder of the volatile nature of Bitcoin and the potential for both exhilarating highs and challenging lows.
A Collaboration of Iconic Brands
Collect & HODL Co. has partnered with Duncan Toys, a reputable company with over 90 years of experience in the toy industry, to bring this Bitcoin-themed yo-yo to life. The collaboration between these two iconic brands ensures that Bitcoin enthusiasts of all ages can enjoy this special edition yo-yo.
Chris Coradini, Owner of Collect & HODL Co, expressed his excitement about the collaboration, stating, "We're thrilled to work with another iconic company like Duncan Toys to create a Bitcoin-themed yo-yo that appeals to both Bitcoin investors and yo-yo enthusiasts. We believe in the future of Bitcoin and are dedicated to merging it with brands that hold value in the eyes of the Bitcoin community."
Continuing the Tradition of Bitcoin-Themed Collectibles
This is not the first time that Collect & HODL Co. has introduced Bitcoin-themed collectibles to the market. In March 2023, they unveiled the world's first Bitcoin-themed PEZ dispenser, limited to only 30,000 units. The demand for this unique item was overwhelming. Following the success of the PEZ dispenser, the company also played a role in launching the first-ever Bitcoin-themed Crocs in November of the same year.
These innovative creations not only celebrate the world of Bitcoin but also provide Bitcoin investors with unique and valuable collectibles. Collect & HODL Co. is dedicated to fulfilling the desires of Bitcoin enthusiasts by offering products that symbolize their passion for the cryptocurrency.
Make sure to visit Walmart Marketplace today to secure your Limited Edition Bitcoin Duncan Butterfly XT Yo-yo. Don't miss out on this opportunity to own a piece of Bitcoin history!
Frequently Asked Questions
Should You Purchase Gold?
In times past, gold was considered a safe haven for investors in times of economic trouble. However, today many people are turning away from traditional investments such as stocks and bonds and instead looking toward precious metals such as gold.
The gold price has been in an upward trend for the past few years, but it remains relatively low compared with other commodities like silver or oil.
Experts think this could change quickly. According to them, gold prices could soar if there is another financial crisis.
They also noted that gold is growing in popularity because of its perceived value as well as potential return.
These are some important things to remember if your goal is to invest in gold.
- The first thing to do is assess whether you actually need the money you're putting aside for retirement. You can save money for retirement even if you don't invest in gold. However, when you retire at age 65, gold can provide additional protection.
- You should also be aware of what you are getting into before you buy gold. There are many types of gold IRA accounts. Each offers varying levels of flexibility and security.
- Last but not least, gold doesn't provide the same level security as a savings account. You may lose your gold coins and never be able to recover them.
Do your research before you buy gold. If you already have gold, make sure you protect it.
Should You Open a Precious Metal IRA?
You should be aware that precious metals cannot be covered by insurance. You cannot recover any money you have invested. This includes losing all your investments due to theft, fire, flood, etc.
Investing in physical gold and silver coins is the best way to protect yourself from this type of loss. These items have been around thousands of years and are irreplaceable. These items are worth more today than they were when first produced.
You should choose a reputable firm that offers competitive rates. A third-party custodian is a good option. They will protect your assets while giving you easy access whenever you need them.
Do not open an account unless you're ready to retire. So, don't forget about the future!
What are the advantages of a gold IRA
The best way to save money for retirement is to place it in an Individual Retirement Account. It's tax-deferred until you withdraw it. You control how much you take each year. There are many types available. Some are better for those who want to save money for college. Others are designed for investors looking for higher returns. Roth IRAs are a way for individuals to make contributions after the age of 59 1/2, and then pay taxes on any earnings upon retirement. Once they start withdrawing money, however, the earnings aren’t subject to tax again. This account may be worth considering if you are looking to retire earlier.
A gold IRA is similar to other IRAs because it allows you to invest money in various asset classes. Unlike a regular IRA where you pay taxes on gains, a gold IRA doesn't require you to worry about taxation while you wait to get them. People who want to invest their money rather than spend it make gold IRA accounts a great option.
An additional benefit to owning gold through an IRA, is the ease of automatic withdrawals. It means that you don’t have to remember to make deposits every month. You could also set up direct debits to never miss a payment.
Finally, the gold investment is among the most reliable. It is not tied to any country so its value tends stay steady. Even in times of economic turmoil gold prices tend to remain stable. As a result, it's often considered a good choice when protecting your savings from inflation.
- (Basically, if your GDP grows by 2%, you need miners to dig 2% more gold out of the ground every year to keep prices steady.) (smartasset.com)
- This is a 15% margin that has shown no stable direction of growth but fluctuates seemingly at random. (smartasset.com)
- Indeed, several financial advisers interviewed for this article suggest you invest 5 to 15 percent of your portfolio in gold, just in case. (aarp.org)
- If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
- Gold is considered a collectible, and profits from a sale are taxed at a maximum rate of 28 percent. (aarp.org)
- 7 U.S. Code SS7 – Designation of boards for trade as contract markets
- 26 U.S. Code SS 408 – Individual retirement plans
- Saddam Hussein's Invasion Helped Uncage a Bear In 1990 – WSJ
- Are you interested in keeping gold in your IRA at-home? It's Not Exactly Lawful – WSJ
Three Ways to Invest In Gold For Retirement
It's crucial to understand where gold fits in your retirement strategy. There are many ways to invest in gold if you have a 401k account at work. You may also want to consider investing in gold outside of your workplace. For example, if you own an IRA (Individual Retirement Account), you could open a custodial account at a brokerage firm such as Fidelity Investments. You might also consider purchasing precious metals directly from a trusted dealer if they are not already yours.
These are the rules for gold investing:
- Buy Gold With Your Cash – Do not use credit cards to purchase gold. Instead, instead, transfer cash to your accounts. This will protect you from inflation and help keep your purchasing power high.
- Physical Gold Coins to Own – Physical gold coin ownership is better than having a paper certificate. The reason for this is that physical gold coins are much more easily sold than certificates. There are no storage fees for physical gold coins.
- Diversify your Portfolio. This is how you spread your wealth. You can invest in different assets. This helps to reduce risk and provides more flexibility when markets are volatile.
By: Nik Hoffman
Title: Introducing the First-Ever Bitcoin Duncan Yo-Yo
Sourced From: bitcoinmagazine.com/business/first-ever-bitcoin-duncan-yo-yo-launches
Published Date: Wed, 03 Jan 2024 22:00:47 GMT