Cryptocurrency investing is all the rage these days. But there’s a lot more to it than simply buying Bitcoin or Ethereum and praying it goes up in value. In fact, this short-term thinking is nearly a surefire way to lose money.
To truly make money with crypto, you need to invest for the long term. You need to trust that this currency is the wave of the future. And over the long term, as more people, businesses, and nations adopt it, it will rise in value.
We want you to embrace digital currency and recognize its true value. Not only will we tell you the advantages of crypto. We’ll tell you the best strategy to make money as an investor.
If you aren’t careful, you could lose your shirt. But if you approach this correctly, you can set yourself and your family up for a happy and healthy retirement.
What sounds better? Making a risky investment or making a sound financial decision based on tried and true principles? In your heart, you already know the answer.
To learn about the best way to make money with cryptocurrency, please continue to read ahead. And while you’re at it, you can get an even better education about all things crypto. Please visit Regal Wallet and sign up for their free Bitcoin investor’s kit.
The Wrong Way to Invest in Cryptocurrency
Short-term thinking and flash-in-the-pan investing is a surefire way to lose everything you’ve worked so hard to acquire. It’s time to overcome this inferior strategy and begin thinking for the long-term.
Take the most successful investor in the world as an example. Warren Buffett only invests in companies that he’s willing to own for at least a decade, usually much longer. Many of today’s crypto investors need to adopt this strategy pronto. Otherwise they could end up getting creamed by this volatile digital currency.
Buying crypto in an effort to time the market and make a quick score is absolutely foolish at best. Instead, you need to consider the disadvantages of short-term crypto investing that include:
- Volatile price swings – Bitcoin in particular has had massive volatility over the years. But over the long-term it’s risen in value quite a bit. In the short-term, if you time the market wrong you could pay top dollar and lose a large portion of your investment in no time flat. So never buy for the short-term because crypto is much too volatile right now. Only invest for the long-term and you’ll definitely make solid returns over the years and decades to come.
- Taxes disadvantages – investing in a long-term crypto IRA provides major tax advantages. But you’ll only capitalize on these advantages if you buy and hold crypto until retirement age. Short-term investing is the exact opposite. You’ll suffer from major tax disadvantages. In fact, if you make quick money on your investment you’ll end up paying very high dollar amounts for capital gains taxes. Instead, you could hold off on paying taxes. Continue to gain value in your IRA account by holding your investment and make more money for years to come.
- Lack of security – as a crypto IRA investor you have the security of your custodian protecting your investment at all times. On the flipside, you may not have the best security available to protect your crypto as a short-term investor. You’ll leave yourself susceptible to hackers that are ready and willing to steal your digital currency at the drop of a hat. In 2018 alone, $1.1 billion worth of crypto was stolen that year. It happened to foolish short-term investors that didn’t have the protection of a top-notch IRA custodian watching their back. Don’t be the next victim of a Bitcoin hacking scam. Otherwise you’ll end up with nothing over the long term and nobody wants that to happen.
As you can see, it’s definitely possible to invest in crypto the wrong way. We’d like to tell you the advantages of a cryptocurrency IRA. We’ll also tell you why it’s the only way you should ever invest in Bitcoin, Ripple, Litecoin, or other digital currencies.
The Full Power of a Crypto IRA
As you can undoubtedly tell, we are strong proponents of investing in a cryptocurrency IRA. Why? We feel it’s the only smart way to invest for the future. Not only will it help diversify your portfolio, it will also provide other advantages. Actually, this powerful currency can do much more than traditional options like the US dollar, the UK pound, and others.
The power of these digital currencies includes:
- Fraud protection – since crypto is a digital currency, it’s actually impossible to counterfeit it. On the other hand, credit card payments are charged back all the time and the seller loses out. The beauty of crypto fraud protection is the payments can never be reversed for any arbitrary reason. So you’ll receive your payment in crypto and never have to worry about an random chargeback from a scam artist ever again.
- Fast settlement – the beauty of quick settlement is that it doesn’t require outrageous or exorbitant fees when purchasing things like real property. In fact, you’ll never need to get third-party lawyers, brokers, or other third-party agents involved in these transactions. Crypto was specifically designed to eliminate the need for third-party approvals. So transactions that take place using crypto happen for a fraction of the cost of traditional transfers of assets.
- Total market access for all – you may not realize this, but more than 2 billion people have access to the Internet. They can access it via mobile devices or desktop computers. This worldwide access means nearly everyone in first world countries have access to the crypto market. In fact, this is becoming such a popular idea that the UN plans to send foreign aid in the form of Ethereum to Syria. It wouldn’t be possible if Syria didn’t have access to the World Wide Web.
- Currency decentralization – with our current currency structure, most countries or large organizations like the Federal Reserve have full control over currencies. Bitcoin and other forms of cryptocurrency have no centralized interference. Transactions take place on a user to user basis. No governing body is ever going to step in and attempt to “regulate” your use of digital currency. And this is designed this way specifically to keep governments and large businesses from taking control in the future.
The Right Way to Invest in Cryptocurrency
Getting back to long-term thinking means truly understanding the value of a crypto investment. Did you know that from 2011 to 2017, investing $100,000 in Bitcoin turned it into a $3.7 billion windfall? It’s 100% true whether you knew it or not.
Guess what? You could never capitalize this way if you only invested for the short-term. Sure, you may have made some money on your $100,000 investment. And you’d even be happy with the outcome in some cases. But truthfully, you had the opportunity to become a multibillionaire just by putting faith in the currency that’s taking over in the future.
So it’s time to stop thinking in the short-term. You need to invest in a crypto IRA today and take advantage of the exciting benefits. Countries like the United States, Canada, the UK, Australia, Denmark, Sweden, and others are embracing Bitcoin. This means that for the long-term, this already valuable investment will rise even higher. Are you prepared to take advantage of this unique situation?
We highly recommend opening a crypto IRA as soon as possible. Set aside money to regularly invest or buy crypto in one lump sum right now. And do it through a well-respected and qualified broker like Regal Wallet. Investing with them ensures you’ll get the best service at the lowest possible prices.
The Main Reasons to Choose Regal Wallet as Your Crypto IRA Broker
Regal Wallet and parent company Regal Assets have truly made a name for themselves in the alternative IRA investing space. Over the last decade plus, they’ve stepped onto the scene and really impressed everyone in their path.
You should consider investing with them for the following reasons:
- They are an official member of the Forbes Finance Council.
- Regal Assets/Regal Wallet has over 1000 verified five star ratings on the BBB, BCA, and Trustlink websites.
- They can safely move your profits around with ease. In fact, they’ll help you purchase gold and silver and safely store it with Brinks if that’s what you desire. All precious metals purchases are fully insured by Lloyd’s of London.
- They have an excellent buyback program in place. So if you ever need to sell your crypto for any reason, they’ll buy it back from you. No questions asked. And you will not have to pay additional fees. They’ll pay you full market value and deposit the proceeds into your account within 48 hours.
- Account setup typically takes 24 to 48 hours. Their competitors usually take around 30 to 60 days. See the difference?
It’s time to take crypto investing seriously. It’s time to protect your finances in a big way. Contact Regal Wallet today to sign up for their Bitcoin IRA investor’s kit. You’ll be glad you took the steps to diversify your portfolio and protect your financial wealth for the future.