Bitcoin IRA Reviews

Do Not Invest in a Bitcoin IRA Until You Watch this Video

Bitcoin Overview:

Bitcoin is a decentralized digital currency (cryptocurrency) which means that it is not regulated or owned by a government or bank. The regulation of the unit generation of the currency as well as transfer verification is all based on sophisticated math techniques.

Since its inception in 2009, Bitcoin has become the most famous and widely used cryptocurrency today.Thousands of businesses across the globe already accept BTC as a form of payment with more added every day.

Bitcoin became the first decentralized crypto back in 2009 and it is the largest is not printed on paper like the US dollar. BTC is “mined” on computers by individuals who use their PCs to verify transactions on the peer to peer network that makes up Blockchain. The amount of computing power donated to the network determines the amount of Bitcoin earned.

What makes Bitcoin distinctive is the fact that its creator decided that only 21 million bitcoins will ever be mined. This uniqueness makes BTC very popular among investors across the globe.

• No Fraud: The nature of digital currencies makes them counterfeit proof.
• Immediate Settlement: No third parties delaying a transaction.
• Accepted Worldwide: No exchange rates or charges to interfere with payment.
• No identity Theft: Unlike credit cards, personal info is not involved.
• Access for Anyone: 2.2 billion people have access to internet and smart phones.
• Decentralization: A global computer network manage Bitcoin transactions.
• Low Fees: Transaction fees are generally not charged.

What is a Bitcoin IRA?

A Cryptocurrency or Bitcoin IRA is simply a self directed individual retirement account that can hold not only Bitcoin but all other popular cryptos including, Litecoin, Ethereum and Ripple.

Just like a Gold IRA, You may fund your Bitcoin IRA by either writing a check, transferring funds from another retirement account or “rolling over” funds from an existing account. You can move funds from your SEP, 401k, 403b and others.

Moving a portion of your life savings into crypto could really reduce your portfolio volatility and as well as adding a diversification.. Investing in Bitcoin and/or Ethereum lets you own non-correlated assets. Non-correlated assets don’t get pulled down like traditional assets by down trending economies.

Your IRA’s value could grow due to Bitcoin’s increasing price and acceptance. And noteworthy, world oil prices, US dollar value and the stock market cannot compromise the value of Bitcoin.

Digital Coins for IRA Investment:

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Although other cryptocurrencies have come before, Bitcoin is the first decentralized cryptocurrency – Its reputation has spawned copies and evolution in the space.With the largest variety of markets and the biggest value – having reached a peak of 18 billion USD – Bitcoin is here to stay.

Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Also BCH will adjust the difficulty every 6 blocks as opposed to 2016 blocks as with Bitcoin.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation. The general idea is, in order to have things transferred or executed by the network, you have to consume or burn Gas. The cryptocurrency is called Ether and is used to pay for computation time and for transaction fees.

Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction.The Ethereum Classic mission statement is:”We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can’t shut down, running irreversible smart contracts.

Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.

Litecoin LTC – provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have – which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin.

Price History of Bitcoin

Review of the Top Bitcoin IRA Dealer:

Among the few companies online that offer a Bitcoin IRA, Regal Assets stands above the rest.  The firm has been the highest rated IRA company for ten years, processing $100s of millions in retirement account transfers with 1000+ stellar client reviews. Regal Assets has an A+ (highest possible) rating with the Major Business Bureau as well as a AAA rating with the BCA. Regal was added to the prestigious Inc 500 for financial services and is a Forbes Finance Council member as well.

Regal Assets is the only company that lets you combine, if you wish, cryptocurrencies and gold in your retirement account. You can also move any crypto profits you have into precious metals or sell the crypto back, without fees, at market value.

Regal offers IRAs or 401ks holding BCH, BCHSV, BTC, BTG, ETC, ETH, LTC, XLM, XRP, ZEC, the most in the industry. The firm plans to add the following cryptos as well: BAT, BRD, CVC, EOS, EURS, GAS, GNT, MTL, NEO, NMR, OMG, PAY, TRX, USDC, XEM, XTZ, ZRX.

Regal Assets Bitcoin IRA Fees:
(As of 08/2019)

• $10,000 minimum investment per account.
• $5,000 minimum investment per crypto

Year 1
– No setup and administrative fee.
– 0.007 (7 basis points) ONLY for cryptos not cash holdings or metals in the account and capping the wallet cost at $150 per month meaning the client pays 7 basis points or $150 whichever is the lowest cost.

Following Years
– $20 per month administrative fee
– 0.007 (7 basis points) ONLY for cryptos not cash holdings or metals in the account and capping the wallet cost at $150 per month meaning the client pays 7 basis points or $150 whichever is the lowest cost.

*Rates differ for combining cryptos and precious metals.
**Crypto accounts are insure by Lloyds of London for up to $20 million.

Conclusion:
With more than 25 crypto investment options, low fees, excellent reviews and prestigious memberships, what more could you ask for in a Bitcoin IRA company?

For more information, visit the Regal Assets website here.

Regal Assets Client Reviews:

Regal Assets Website