What is a Bitcoin IRA

Bitcoin was created in 2009. Back then, it was selling for next to nothing. Its first real price increase occurred in July 2010, when bitcoins went from around $0.0008 to $0.08 for a single coin. Over the last few years Bitcoin for many reasons, became popular and more people than ever invested in Bitcoin. Bitcoin is a digital asset designed to function as a medium of exchange. (money)

Bitcoin History

Bitcoin was invented in 2008 by the puzzling Satoshi Nakamoto. Although, the first transaction took place in early 2009 by Nakamoto himself and a Bitcoin supporter, the first real transaction happened in 2010 when, a bitcoin miner bought two pizzas from a Papa John’s pizza in Florida, for 10,000 bitcoins.

Over the last few years Bitcoin for many reasons, became popular and more people than ever invested in Bitcoins.

What is Bitcoin IRA Investment?

A Bitcoin IRA investment is an individual retirement account, an account that functions the same way as a regular IRA account however, instead of holding paper assets, it holds Bitcoins.

Is Bitcoin IRA Legit?

A Bitcoin IRA is 100% legit. In fact the IRS has allowed digital assets, such as Bitcoin, as a legitimate way to diversify your portfolio. Financial experts agree, Bitcoin is not going away.

>>>>>>>>>to read my Regal Assets review the best Bitcoin IRA company press here

Reasons to Invest in a Bitcoin IRA

1-Portfolio Diversification

A down to earth serious investor never puts all eggs into one basket. It is important not to rely 100% on traditional investment tools. (bonds, real estate, stocks etc) The reason for that is they do not offer true protection in a crisis situation.

When times are good, all traditional investment tools see significant gains and when times are bad, they all see significant losses.

Bitcoin, is a non correlated or alternative asset. That means Bitcoin doesn’t follow the flock, but frequently moves the other way. A prudent investor, always keeps a 5% to 10% of his portfolio invested in Bitcoins or other cryptocurrencies and this is commonly accepted. Bitcoin will help you secure your lifetime savings.

2-Protection from Governments and Central Bankers

As we all know, governments and central bankers interfere and manipulate central currencies. This is mainly done by printing more and more paper money.

This isn’t the case with Bitcoin. It is impossible for Uncle Sam to seize your Bitcoins from your wallet against your will. They would need your private keys to access your funds. Without it, it will be impossible for them to crack it.

>>>>>to protect your savings from government seizures press here

3-Bitcoin has a Great Growth Potential

Bitcoin compared to other major assets such as, real estate, bonds, precious metals and stocks, is still a baby. You see all other assets have been around for hundreds of years. Bitcoin’s growth potential is unlimited.

4-High Return Potential

Many of the early Bitcoin investors became millionaires. Bitcoin’s high growth potential guarantees a high return potential.

Nowadays, you can use Bitcoin to buy sports tickets, airplane tickets, restaurant meals, etc. Tesla, Virgin, Microsoft and many more corporations accept Bitcoin as payment.

As the number of people using Bitcoin grows, so is the number of businesses accepting Bitcoin as payment. Many experts predict Bitcoin’s entrance to NASDAQ.

All these exciting developments mean a huge increase in Bitcoin’s value is imminent. An increase on Bitcoin’s value substantiates the high return potential claim.

Should I include Bitcoin in my Retirement fund?

The answer is a big yes and here are the reasons for that.

Bitcoin is the King of Cryptocurrency

Bitcoin is the undisputed king of the cryptocurrency markets with at least a 65% market share. Those wise enough o invest in Bitcoin early are now millionaires and some of them billionaires. But still, those who only got it a few years ago, they are holding into an asset that has outperformed all of its competitors.

Second to None Security and Technology

If you take the time to examine the technology and all advantages Bitcoin brings to is users, then it comes as no surprise. The security Bitcoin brings is out of this world. For instance, it will take a super computer 0.65 billion years to crack your Bitcoin wallet and steal your funds.

Secure Transactions and Low Fees

Bitcoin provides users with simple and secure transactions with the lowest fees around as all middleman are eliminated. In addition, due to cryptocurrency blockchain all transactions are easy to verify and thus, it encourages users to be honest.

Anonymity

Furthermore, a Bitcoin user enjoys transaction privacy. That is because, a cryptocurrency wallet is not tied to people, but rather to one or more specific keys.

>>>>>>>>>to take advantage of Bitcoin’s secure transactions and anonymity press here

Easy Access

You can have access to Bitcoin from anywhere in the world, at any time no matter what.

Most importantly the government cannot manipulate, intervene, or even seize your lifetime savings.

>>>>>>>>>press here to find more info about cryptocurrencies

Bitcoin is Self-Reliant

The centralized banking system, FED, ECB, Bank of England etc, corporate boards governments and bankers control the supply of money by printing, or not printing money (fiat money) or, even with policies such as negative interest rates. They also demand similar actions to digital banking ledgers. (centralized digital currencies)

This is not the case in a decentralized cryptocurrency such as Bitcoin. In that case, the digital currency is produced collectively by the entire cryptocurrency system. The amount of digital currency produced is defined when the system is created and is publicly known. In a decentralized cryptocurrency governments, banks, or any other institutions or individuals cannot interfere with the system or produce new units.

>>>>>>>>>press here to find my top rated cryptocurremcies

How does it Work?

It works the same way as a regular IRA account, but instead of holding paper assets, it holds Bitcoins.

Setting up a Bitcoin IRA Account

Setting up a Bitcoin IRA account is easy and fast. You will need to open an account, through a secure e-sign application. The next step will be to fund the account, through a rollover or a transfer. And the last step will be to put your wallet into cold storage.

The regulations followed by Bitcoin IRAs are exactly the same as regular IRAs.

What Percentage of my Portfolio Should I Invest in a Bitcoin IRA?

A down to earth investor never puts all eggs into one basket. It is well-known that traditional forms of investment can deliver the investor high profits. They can also deliver high losses too.

A prudent investor always has a percentage of his portfolio invested in non correlated assets. Bitcoin and other cryptocurrencies are non correlated assets. Non correlated assets, are the assets whose value goes up when mainstream assets value drops.

Most investors invest in cryptocurrencies-Bitcoin between 3% and 7% of their savings. However, some investors are aggressive and place into Bitcoin a larger percentage of their savings.

The money you wish to invest in your Bitcoin IRA is entirely your own personal decision. All you need is to set your priorities. Are you happy with your IRAs returns? Is your IRA exposed to stock market instability? Are you happy with the way the economy is going? Are you happy with the accumulating debt and the performance of the dollar?

If you think Bitcoin’s value is going to explode in the next few years, then you could allocate 10% to 20% or even 30% of your investment to Bitcoin. It is not advisable to hold a portfolio completely made out of Bitcoins.

Bitcoin and Crypto Investment Recommendation

Before making a major investment decision it is a good idea to read reviews, do your own research and consult a professional that can guide you with any questions you might have.

My recommendation for a Bitcoin or crypto IRA is Regal Assets.

Why Regal Assets

  1. Regal Assets was ranked No. 20 in the US for financial services byInc. 500.
  2. Regal Assets in 2017 became the first company in the world to receive a government issued crypto trading license.
  3. Your Bitcoin investment is safely stored in a bulletproof offshore vault to protect your investment from natural disasters, computer crushes, malware, or viruses.
  4. Your investment will be fully insured by Lloyd’s of London.
  5. Featured in Forbes, The Huffingon Post, and Smart Money.
  6. Rated A+ by the Better Business Bureau, and AAA by the Business Consumer Alliance.

>>>>>>>>>to read my Regal Assets review the best Bitcoin IRA company press here

Conclusion

Bitcoin is the king of cryptocurrencies. It is a digital currency that will change global payments forever. Its popularity grows rapidly especially with younger investors. Bitcoin is now well accepted as an alternative investment asset that could offer high returns. Central Bankers and governments cannot manipulate and control Bitcoin and other cryptocurrencies. A well-balanced portfolio should have a percentage invested in Bitcoins. Regal Assets is the first company to offer a Bitcoin and cryptocurrency IRA.

>>>>>>>to see how you can benefit from a Regal Assets Bitcoin IRA program press here 

>>>>>>>>>>to request your free Bitcoin IRA guide press here

Leave a Reply

Your email address will not be published. Required fields are marked *