Investors all over the world are captivated by Bitcoin. They’ve become smitten because average people that knew nothing about investing ended up becoming millionaires. Obviously this is quite appealing to everyone looking to put their money to work to gain more wealth and value.
Smart investors recognize that Bitcoin and other forms of cryptocurrency are an investment. This isn’t some kind of game to play in hopes of winning a big prize. You aren’t trying to hit the lotto or win big on a slot machine. You’re entering into a new, safe, and stable investment that you intend to hold for the long-term.
Whether you know it or not, buying Bitcoin as part of a crypto IRA is ideal. With this investment strategy, you can generate tax-free earnings. This way you can use the proceeds to reinvest in more crypto. Or use it to buy other alternative investments like gold, silver, platinum, or palladium.
Now that you know we prefer using a Bitcoin IRA for crypto purchases, we’ll share why in greater detail below. Please keep reading to discover the reasons we feel this is a superior investment strategy.
Bitcoin Is Being Adopted on a Global Scale
Something becomes more valuable when everybody wants to get their hands on it. Even more important, it maintains its value when it’s only available in limited supply. These two reasons alone are why so many of us are suddenly hooked on Bitcoin.
Some exciting facts about Bitcoin to consider include:
- At the end of 2019, Blockchain said they now have more than 44 million users. This has grown from 32 million wallets the year prior. And interest in Bitcoin ownership doesn’t seem to be slowing down anytime soon.
- In the past two years, peer-to-peer lending of Bitcoin has increased tremendously. In fact, South American countries including Venezuela, Colombia, Argentina, Peru, and Chile have increased Bitcoin trading by a wide margin.
- Many merchants are now adopting Bitcoin payments through Lightning Network. This network allows them to send and receive Bitcoin payments faster without paying outrageous or exorbitant fees.
As you can see, more people and companies are interested in using this digital currency. They want Bitcoin to use it to pay for goods and services and other everyday expenses.
As an investor, this should make you excited because this global phenomenon is only getting bigger. And before long, everyone will want to get their hands on Bitcoin. This will help push the value higher over the long term.
Wall Street Has Finally Hopped on the Cryptocurrency Bandwagon
Now is the perfect time to open a Bitcoin IRA because Wall Street has taken a serious interest. Once big money players get involved it’s only a matter of time before Bitcoin’s value goes through the roof again.
The International Exchange, better known as ICE, developed a process for institutional investors to purchase crypto in 2019. This bodes well for all Bitcoin investors. It means institutional money is coming into the fold. This will drive up crypto prices and make digital currencies like Bitcoin, Ethereum, Litecoin, and others more valuable.
As an investor, it’s your job to take advantage of this interest as best you can. A simple way to begin long-term investing is to sign up with Regal Wallet.
They are the top cryptocurrency IRA company in the business. They’ll help you set up your Bitcoin IRA and teach you the ins and outs of crypto investing with their free investor’s kit.
It Will Never Experience Devaluation like Fiat Currencies
Unfortunately, inflation creates situations where currencies suddenly become valueless. These periods of hyperinflation lead to distress and disaster for the people living in countries whose currency loses its worth.
Countries that have experienced hyperinflation include:
This may seem hard to believe, but the workers in these countries lost everything. They sacrificed with blood, sweat, and tears, only to possess currency that wasn’t worth the paper it was printed on.
You may not realize this, but Bitcoin is insulated from hyperinflation. It doesn’t suffer under the scrutiny of any government regulation and it doesn’t rely on financial markets. It is completely autonomous and safe from this kind of devaluation. This is incredibly important in today’s world where things can go horribly wrong in an instant.
Why is it Bitcoin insulated? Simply put, there is only a finite number of Bitcoins available. Once they are all mined, new mining can never occur again. This helps keep the inflation rate down. In fact, Bitcoin’s inflation rate is currently stronger than the US dollar and that will not change anytime soon. The US prints money like it’s going out of style.
Bitcoin Doesn’t Suffer from Government Regulation & It Can Never Be Confiscated
Remember what happened in 1933? Franklin Roosevelt, the US president at the time, signed into existence Executive Order 6102. This Executive Order was signed on April 5, 1933. The order forbade the hoarding of gold certificates, gold bullion, and gold coins in the US.
We use this example to show you that no physical currency is safe. While gold, silver, platinum, and palladium are safe from government related inflation, they aren’t protected from confiscation. On the other hand, no one has the authority to “steal” your digital Bitcoin currency.
Unfortunately, in nearly every country banks can freeze fiat currencies. Even worse, the government can swoop in and take your money without warning. Just like the US did when they took everyone’s gold in 1933.
Crypto on the other hand is much different. There isn’t a central government or bank regulating the currency. The most powerful governments in the world have no control over crypto or Bitcoin whatsoever.
Anything and everything held in your Regal Wallet will remain your own. As long as you possess the wallet key, you have total control over your money. And any attempt at government intervention is illegal theft and seizure. They have no right and no recourse for stealing from citizens of the world!
Protect yourself and your family today by opening a cryptocurrency IRA. Our top recommendation is a company named Regal Wallet. They are the leader in cryptocurrency investing and the only company we’re willing to recommend to our readers.
Bitcoin Is All about Transparency & It Doesn’t Have Anything to Hide from US Citizens and the World like the Federal Reserve
Many US citizens are up in arms about the Federal Reserve’s lack of transparency. In fact, President John F. Kennedy was interested in auditing the Federal Reserve to better understand their practices. He was assassinated not long after his desires to investigate were made public.
Is this a coincidence? No one knows for certain and there are other assassination conspiracy theories to consider. But every government official who seriously pursued the Federal Reserve has ended up dead soon after.
The great thing about Bitcoin is its fully transparent. This directly conflicts with the practices of the Federal Reserve. We know every single transaction made using Bitcoin and it’s all perfectly accounted for.
Fiat currencies have no accountability whatsoever, including the US dollar from the Federal Reserve. We know nothing about how much is being printed, where the money’s going, or what our taxpayer dollars are being used to pay for.
Rand Paul, a US Congressman, is desperate to audit the Federal Reserve. But he’s having a hard time gaining support and getting votes because congressmen and senators fear retribution from the Fed.
It’s time to move away from untrustworthy notes like the US dollar, the UK pound, and other fiat currencies. Bitcoin is decentralized, transparent, and it can’t be confiscated. Open a Regal Wallet account today. And begin investing soon to protect your wealth from untrustworthy governments and others looking to steal from your family.
To recap, it’s pretty obvious that investing in Bitcoin is the intelligent choice. Not only is it poised to continue to go up in value, but it also provides additional protection.
Simply put, opening a Bitcoin IRA can help investors in the following ways:
- It provides full investor transparency. You’ll know everything about Bitcoin and its uses by reading about it online. The Federal Reserve, on the other hand, doesn’t even get audited. Their practices are kept completely in the dark from the American people.
- Bitcoin isn’t subjected to government regulation. The US government, China, Russia, or anyone else will never step in to regulate this currency. They do not have the right or the authority. If it’s ever attempted, it would be considered complete theft plain and simple.
- Hyperinflation and devaluation isn’t a problem with Bitcoin. There will never be more than 21 million Bitcoins in existence. By capping its availability, the creator prevented inflation from ever rearing its ugly head.
- Wall Street has fallen in love with Bitcoin and other cryptocurrencies. These huge institutions have plenty of money. Their desire to own Bitcoin will drive up the price and make it even more valuable.
- Bitcoin is being used on a global scale. Even countries in South America like Argentina, Chile, and others have hopped on the Bitcoin wagon. Blockchain said they’ve even opened 12 million more crypto wallets in 2019.
Are you finally convinced of the best way to buy Bitcoin? Buying it as part of a Bitcoin IRA is the safest way to guarantee consistent profits over the long term.
Open a Regal Wallet account today to begin investing in this digital dynamo immediately. The sooner you distance yourself from the US dollar and other fiat currencies, the better off you’ll be.