Today’s investors need an additional edge. They need safe ways to protect their financial freedom and future. You might think that investing in crypto including Bitcoin and Ethereum is a complete scam. You’d be wrong.
The world economy – especially the banking cartels – wants you to feel that the current monetary system is the only safe system. But the truth is very different. Why? Because crypto is completely unregulated and this is a good thing.
Cryptocurrencies aren’t going to lose value the way the US dollar, UK pound, and other currencies falter. Unregulated currency doesn’t bend on the whims of a shaky financial system, poor government decisions, or greedy bankers.
For many, this may seem like a risky investment. Digital currencies are so new so there’s a lot of fear. But you know different. You know the truth. Otherwise you wouldn’t be interested in opening a Bitcoin IRA. Right?
The Truth about the Bitcoin or Ethereum IRA
In a nutshell, this type of IRA is an easy to understand investment vehicle. It’s very similar to other alternative IRA accounts like the gold IRA.
It’s a self-directed account, which means you call all the shots. You get to decide which crypto to invest in, how much to invest, and when to invest.
So if you want to jump heavily into Bitcoin, you get to make all of the investment decisions. There’s no need to count on a shady investment advisor that only has their best interest at heart, not yours.
While there are a few good crypto IRA brokers at this time, we personally recommend Regal Wallet. Their parent company Regal Assets has an impeccable reputation. And they bring the same level of knowledge, care, and customer focus to crypto investing as they do to gold investing.
All in all, your experience is only as good as the crypto IRA broker you choose. If you choose a terrible broker, you’ll have a terrible experience. And vice versa.
The reasons we love Regal Assets a/k/a Regal Wallet so much is:
- They are the highest rated alternative IRA investing company for the past 10 years.
- They’ve helped regular people invest hundreds of millions of dollars to secure a safe retirement future.
- They have more than 1000 verified five star ratings on websites like the Better Business Bureau, the Business Consumer Alliance, and TrustLink.
- Their knowledgeable brokers personally invest in crypto. Many members of their team have made big profits investing this way.
- They set up customer accounts within 24 to 48 hours. The average Bitcoin IRA company takes 30 to 60 days to complete their account setup process.
Investing Options for your Bitcoin or Ethereum IRA
Depending on your retirement strategy, you can either convert all or part of your retirement savings into a crypto IRA. By choosing this strategy, your retirement portfolio will experience much less volatility.
You’ll no longer strictly find your account at the whims of a volatile stock market. Crypto investing is quite stable.
And this investment type provides many benefits. Some of the more popular and poignant benefits include:
- It’s a non-correlated asset. The beauty of this investment vehicle is that it doesn’t suffer from outside economic forces. The stock market on the other hand moves positively or negatively based on news every day.
- It’s incredibly convenient to use. You can use Bitcoin or Ethereum for transactions, third-party purchases, and more.
- It’s transparent. Transferring blockchain is nearly 100% safe. This is designed to keep transactions anonymous while keeping individual parties honest.
- It’s anonymous. You can make anonymous purchases with crypto and keep your business to yourself.
- It’s gaining in popularity. From an investment standpoint, Bitcoin IRA investing is still brand-new. So there’s plenty of room for growth. The value of these currencies will continue to rise as it gains in popularity.
- It has immense profit potential. Again, crypto is relatively brand-new. Only a small fraction of the population uses this type of currency. The earlier you get in, the more value you’ll gain in the future as more people begin to take this currency seriously.
Bitcoin or Ethereum IRA Investing vs. The US dollar
The most important thing to know about crypto IRA investing is it’s completely separate from the US dollar. If a bear market (a market selloff) begins, the stock market and many individual shares will begin to lose value. This often has a negative impact on the US dollar as well.
Guess what? Crypto doesn’t have any ties to the stock market whatsoever. So if a bear market does happen, crypto value will remain safe. You can’t say the same for the US dollar.
All the significant gains made in the value of Bitcoin and Ethereum will not diminish because of stock market troubles. Even better, the value will hold steady even if the world faces economic difficulties. Falling oil prices, trade wars between world powers, and military conflicts also have no negative or positive effect on crypto prices whatsoever.
Why Open a Bitcoin IRA?
There are a number of reasons to consider opening a Bitcoin IRA. Some of the more important things to consider include:
- Bitcoin is the most popular cryptocurrency in the world. Its popularity makes it an attractive investment opportunity for everyone.
- Bitcoin is the first decentralized digital currency. There isn’t a signal administrator. No central bank has control over this currency whatsoever. It’s completely free and clear of all potential manipulation.
- Bitcoin has lower transactional fees. Other online payment methods charge exorbitant fees. In the crypto ecosystem, the transaction fees are much lower for this currency as opposed to other online payment methods.
- Bitcoin is now being accepted by more and more companies. Apps and other services now make it possible for non-technical consumers to make transactions using Bitcoin. The ease and convenience will only exacerbate consumer demand and make crypto even more popular in the future.
Bottom Line
Opening a Bitcoin or Ethereum IRA is a great retirement investment strategy. But it could turn into a negative experience if you choose the wrong crypto IRA company. That’s why we only recommend Regal Wallet to our readers.
Their years of experience, impeccable customer service, and thousands of five-star ratings online prove that they are the top company in the crypto space. Read their review here and visit their website to pick up a free crypto IRA investing kit today.
Thank you for this awesome insight on Bitcoin and Ethereum IRA. I learned a lot of useful information from this review that I’m glad I now know. You provided some great insight into these retirement investment strategies and why they are recommended. It would definitely be smart to invest in these. Thank you for the info!
Hi Lana and thank you for the encouraging comment! Thank you for dropping by!
Good and informative article about bitcoin and ethereum IRA. It is weird how many people think blockchains to be easy to counterfeit or vulnerable to scams when its actually quite opposite; Thus, the blockchain can increase confidence when the database can be maintained without the entity managing the database. In addition, everyone has access to the contents of the blockchain and every transaction is verifiable and securely stored in the blockchain. The information is also traceable. It is also a benefit of a blockchain that the database is simultaneously distributed to multiple locations, making it difficult to counterfeit. I have been investing to Ethereum some years and I trust blockchains MUCH more than any banks or even insurance companies.
Hi Jessetoikkanen and thank you for the awesome feedback! Indeed everything you say about the blockchain and it’s effectiveness is true. You explained it better than I can! Thank you for dropping by!
Hi, this is an interesting article about cryptocurrency. I’ve always wondered about cryptocurrency. I know there are so many scams out there with Bitcoin so have been stuck on who to trust. Have you invested any money into this Regal Wallet? What are your thoughts on the blockchain wallet? I know this one is pretty popular.
Hello Nikki! There’s so much information about the blockchain and cryptocurrency so I would like to guide you to our article here first. As for investing with Regal Wallet, my father and I are planning to put our cryptocurrency portfolio with them within the next year or so. Thank you for dropping by with your feedback and inquiries!
Thank you for this informative post!
I have to say, although I’ve looked at crypto-currency in the past, I’ve always been a bit leery of it with concerns of hacking and it’s relative newness in general.
That said, I can see the benefits it offers, especially when compared to the markets.
I’m going to have to dig a bit deeper into this and see how it may fit my investment strategies.
Thanks again,
Scott
Hi Scott! Thank you for the feedback on the article. Cryptocurrency can be a volatile investment, but it’s relatively safe from hackers because of the effectiveness of the blockchain. Thank you for dropping by!
I really love this information. I was a part of a very large company in the investment industry but have never dove into crypto currency. After reading this article I have decided to start investing in the future instead of living in the past. I have this article to thank for pushing me over the preverbal edge. Well written and informative. Ill defiantly be sharing.
Cheers,
Jay
Hello Justin and thank you for the encouraging comment! I wish the best for you in your future endeavors and just remember that you should invest in cryptocurrency for the long-run rather than for short-term gains! Thank you again for dropping by!