LOS ANGELES, Sept. 16, 2020 /PRNewswire/ -- Bitcoin IRA,
the world's first, largest, and most secure IRA platform that
allows clients to purchase digital assets like cryptocurrencies for
their retirement accounts, is experiencing the largest demand for
its alternative retirement services since the crypto explosion in
late 2017, reaching nearly $500
million in digital asset retirement transactions
overall.
Bitcoin continues to greatly outperforming the market
This year Bitcoin vastly outperformed stocks and traditional
asset classes. As of September 14,
Bitcoin is up 43% this year while the S&P is only up 4% and the
Dow is down 3%. Other popular cryptos have risen much higher
including Ethereum, up 167%, and Chainlink, up 522% (Source:
TradingView).
Bitcoin's price increase has largely been driven by increased
trading activity and its critical "halving" event earlier this year
where its inflation rate was automatically cut in half, thus
increasing its scarcity to that similar of gold. Ethereum and many
of the alternative cryptos are seeing dramatically higher usage of
their networks due to increased demand and a new decentralized
finance trend, known as "DeFi." This is where users can quickly
borrow and lend digital money for more favorable rates by bypassing
traditional banks.
Major prominent investors are now recommending crypto and
gold
A number of prominent investors are now recommending crypto and
gold as a hedge against economic concerns. This includes excessive
inflation, central bank debt and increased money supply, as results
of aggressive monetary and fiscal policies spurred by the COVID-19
pandemic.
These crypto and gold supporters include Former Prudential CEO,
George Ball, who recently advised
his clients to invest in Bitcoin and famed billionaire and
hedge-fund investor Paul Tutor Jones
wrote a thorough letter to his clients recommending them to buy
Bitcoin "as a hedge against inflation." Warren Buffet has also been
selling his stake in traditional big banks and buying gold-focused
companies with his recent investment of $563
million in GOLD, a gold mining company, as part of a
portfolio shift foreshadowing high inflation in the coming
years.
Investors can safely add crypto to their IRAs today with
Bitcoin IRA
Bitcoin IRA enables individuals to rollover their existing IRAs,
or start a new one, and buy crypto using their proprietary 24/7
online self-trading platform.
Since 2016, Bitcoin IRA has processed over $400
million in cryptocurrency transactions, opened more than
50,000 consumer accounts, and received over 2,500 5-star consumer
reviews.
Today individuals can invest in eight assets including Bitcoin
(BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash
(BCH), Stellar Lumens (XLM), Zcash (ZEC) and physical gold. The
company also helps individuals save for retirement by investing in
crypto for as little as $100 a month
with their recently announced product, "Saver IRA."
Individuals invested in adding cryptocurrencies or physical gold
to their retirement account can visit bitcoinira.com or call
866-333-4307.
ABOUT BITCOIN IRA
Bitcoin IRA, available at bitcoinira.com, is the world's first,
largest, and most secure digital asset IRA technology platform that
allows clients to purchase cryptocurrencies and physical gold for
their retirement accounts.
The company provides a trading platform for self-directed
retirement accounts which allows clients to set up a qualified
digital asset IRA account, transfer funds from an existing IRA
custodian, execute trades in real-time 24/7 through a leading
exchange, and then moves the funds into an industry-leading
multi-signature digital wallet from BitGo, Inc.
Since 2016, Bitcoin IRA has processed over $400 million in investments, opened more than
50,000 consumer accounts, and received more than 2,500 5-star
client reviews. The company has been featured extensively in the
media, with coverage in Forbes magazine, CNBC, CoinDesk, and The
Wall Street Journal, among other publications.
Bitcoin IRA is a financial services technology provider and as
such is not a financial adviser, cryptocurrency, exchange,
custodian, wallet provider, initial coin offering (ICO), or money
transmitter. Bitcoin IRA is privately funded and based in
Los Angeles.
Learn more about Bitcoin IRA at bitcoinira.com or call
866-333-4307.
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SOURCE Bitcoin IRA