Digital Currency IRA

A Digital Currency IRA on Steroids!

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There are Digital Currency Options For Your IRA.

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Bitcoin might not be an ideal investment for retirement, given its volatile price swings, yet some financial services firms now offer the option of investing in the cryptocurrency through self-directed Individual Retirement Accounts (IRAs).

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A “Bitcoin IRA,” is essentially an IRA that includes Bitcoin or other digital currencies within its portfolio of holdings.

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A Bitcoin Exchange-traded fund mimics the price of the most popular digital currency in the world. This allows investors to buy into the ETF without going through the complicated process of trading bitcoin itself.

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When purchasing Bitcoin, you are buying the performance of futures contracts rather than the asset itself.  Bitcoin is not backed by real assets or tangible securities.  Buying Bitcoin gives aspirational excitement similar to gambling.

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If you are interested in cryptocurrencies, you can use them to supercharge your IRA.  Some benefits:

• Offer Tremendous Growth Potential

• Shelter From Overvalued Stocks

• Provide Tax-Deferred Growth

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Digital Currency Options For Your IRA:

• Bitcoin

• Ethereum

• Stellar Lumens

• Bitcoin Cash

• Litecoin

• Ethereum Classic

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Invest in Cryptocurrencies, Tax-Free with “The World’s Most Secure Digital Currency IRA“

Bottom line

Investors who are inclined to add Bitcoin holdings to their IRAs likely believe that cryptocurrencies will continue to grow in popularity and accessibility into the future.  With their long-term outlook, IRAs are an excellent vehicle for investments that hold major potential on the scale of decades.  Of course, detractors of cryptocurrencies may argue that Bitcoin and other digital tokens remain unproven at best, or unstable at worst.

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