Protected: Bitcoin IRA Reviews: Top Crypto IRA Companies in 2023 – UPDATE

Edited by: Liam Hunt | Financial Writer www.mydigitalmoney.com (833) 636-2008 Pasadena, CA GET FREE KIT www.bitcoinira.com (877) 430-3546 Nevada, LV GET FREE KIT www.bitira.com (800) 299-1567 Burbank, CA GET FREE KIT If you're considering investing in a Bitcoin IRA (also referred to as a cryptocurrency IRA or crypto IRA), exercising a traditional IRA rollover, or rolling over a Roth IRA, 403b, or 401k to a Bitcoin IRA, then your first step is to choose a Bitcoin IRA company or custodian with successful and verifiable track records with retirement investors. Below is a comparison chart that will guide you in finding the best crypto IRA company for your needs, and you can see all of the relevant details by clicking on the “Read Review” button beside each of the companies. Top 4 Rated Crypto IRA Companies #1. Best Rated Overall www.mydigitalmoney.com (833) 636-2008 Pasadena, CA » Read My Digital Money Review GET FREE KIT PROS ✅ Military-grade security protocols; perfect security track record ✅ Respect for user privacy, no data sold to third-party advertisers ✅ Transparent about all fees and includes no hidden charges✅ Partnership with Equity Trust Company for IRA custodian services✅ Simple and intuitive online platform and dashboard✅ Access to all major cryptocurrencies CONS ❌ New company with lots still to prove ❌ Slightly higher per-trade platform fees for Tier 1 users (1.9%) #2. BitcoinIRA www.bitcoinira.com (877) 430-3546 Nevada, LV » Read BitcoinIRA Review GET FREE KIT PROS ✅ Global pioneer of both Bitcoin IRAs ✅ Widest selection of digital assets available to account holders ✅ Free Bitcoin IRA information guide✅ 24/7 trading platform available in-app or desktop✅ Gold eligible for purchase and trading✅ Responsive customer support phone lines✅ 2-6% Interest Earning Program for select investments CONS ❌ May not offer as many altcoins as some rival companies (subject to change) ❌ Administration fees and storage charges are not transparent ❌ Fee structure is higher than some competitors' #3. BitIRA www.bitira.com (800) 299-1567 Burbank, CA » Read BitIRA Review GET FREE KIT PROS ✅ Enhanced reporting and account holdings overview that makes tracking all operations and transactions easy ✅ Best in the industry cold storage and full protection with insurance of your digital coins ✅ Wide choice of digital assets with a list of the nine top cryptocurrencies in the market✅ Perfect physical and cybersecurity track record✅ Exclusive partnership with Genesis to facilitate trades and an interest-earning crypto loan program CONS ❌ Lack of transparency of all costs implied in transactions, maintenance, and setup ❌ Smaller choice of cryptocurrencies (9) compared to other digital IRA companies ❌ Higher than average minimum deposit ($5,000) #4. Coin IRA www.coinira.com (888) 998-COIN Woodland Hills, CA » Read Coin IRA Review GET FREE KIT PROS ✅ Coin IRA management brings extensive industry-leading experience ✅ They feature an education first, low-pressure approach to investing for their clients ✅ Coin IRA offers a selection of cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin✅ No maintenance or setup fees✅ Live customer support CONS ❌ Smaller selection of cryptocurrencies compared to some of its competitors The Rise of Bitcoin and Ethereum Bitcoin and Ethereum are the top two digital currencies in 2023. Both Bitcoin (BTC) and the second most popular digital currency, Ethereum (ETH, or Ether), have virtually become household names in recent years. As the chart below indicates, the value of the leading cryptocurrency has risen and fallen dramatically since its inception in the early 2010s. BTC price history, 2011-2023 (Source: CoinMarketCap) Some experts predict that the price ceiling for both Bitcoin and Ethereum over the long term could be enormous. The analyst Van-Peterson of Saxo Bank correctly predicted the Bitcoin price move from approximately $750 to $2,000, as did tech guru Kim Dotcom. Now Van-Peterson is forecasting the price of the world's largest cryptocurrency to hit $100,000 within a decade. In arriving at these dramatic predictions, Van-Peterson assumes that all of the main surviving cryptocurrencies will make up 10 percent of the average daily volumes of the entire Forex market within 10 years. The average daily volume (ADV) of the foreign exchange is presently around $5 trillion per the Bank for International Settlements. Van-Peterson says that Bitcoin will hold 35 percent of the cryptocurrency market share once at maturity. That would give them $175 billion in average daily volume. As of 2023, the ADV of Bitcoin is about $18.1 billion. Van-Peterson assumes that the total market cap of Bitcoin will be 10 times its ADV, which would amount to a $5 trillion in market cap for the leading cryptocurrency. At maturity, Bitcoin will have, at maximum, 21 million tokens in circulation. If you take 21 million and divided it by a $5 trillion market cap, you arrive at a per-BTC value of slightly more than $238,000 each. Even if you assume that Van-Peterson’s market cap prediction is off by double, you still arrive at a value of nearly $120,000 per token—a sum about 4.5 times its current value as of Q2 2023. Van-Petersen stated: "This is not a fad, cryptocurrencies are here to stay. There will emerge two to three main ones. Bitcoin will be one of those. And the reason is the first-mover advantage, the scale, and the pioneering." Ethereum has already proven itself in a number of strong “industrial” types of digital applications in the field of smart contracts, especially pertaining to electricity account management and payment and cash transfer transactions. Thanks to the dozens of companies involved in the EEA Enterprise Ethereum Alliance (including Microsoft, Intel, BP, JP Morgan, and numerous international banks and financial institutions), Ethereum has a strong institutional base of support that makes it a likely contender as a long-term runner-up to Bitcoin. Even if Van-Peterson's lofty projections on Bitcoin might seem overly optimistic, the rapid growth of Bitcoin helps to explain why many individuals and investors are beginning to think seriously about cryptocurrencies as a substitute for gold in their IRAs and 401(k)s. Remember, however, that these are inherently speculative assets and you should always speak to your financial advisor before investing in Bitcoin or any other cryptocurrency. Top 9 Reasons to Consider Investing in Cryptocurrencies in Your IRA Aside from their price potential, there are a number of other compelling reasons to add electronic currencies to a well-diversified retirement portfolio that already includes stocks, bonds, and physical bullion. The so-called digital gold (Bitcoin) and Ether have all of the following significant advantages over government-backed fiat currencies: N.B.: Whether you decide to invest or not, if it is important to speak to your financial advisor and do your own due diligence about this new asset class. Again, digital currencies in an IRA are a highly speculative type of investment. Do NOT invest any sum of money that you couldn't afford to lose. What To Look For In A Crypto IRA Company The table above is intended to assist you in comparing the reviews and ratings for the best Bitcoin and Ethereum IRA companies. When choosing a firm, we recommend looking closely at the following three characteristics in Bitcoin IRA reviews: My Digital Money: The Top 'All-in-One' Company for Your Bitcoin IRA Investments When you consider all the criteria covered above, My Digital Money (formerly Noble Bitcoin) comes out on top due to its high user ratings, excellent reputation within the industry, and how expediently they handle the end-to-end setup process. Other providers like Broad Financial do not handle the entire process and rely on third parties, meaning you have to find your own custodian, coin exchange, and wallet, all while ensuring IRS compliance the whole time. The main issue with taking the fully self-directed approach (like with Broad Financial) is that many wallets are not accepting business customers, and those that will either take weeks to effectively set up an account or will place limitations that will restrict the assets available for purchase. Coinbase, for instance, will limit new accounts to $150 per day. Broad Financial is a great company if you're an expert and already have a wallet with high limits. But if you're a beginner, it might be better to choose a simple all-in-one service like Bitcoin IRA. » Read our full review of My Digital Money» Open a cryptocurrency IRA with My Digital Money Top 3 Bitcoin & Ethereum IRA Companies in 2023 We recommend that you contact a few companies before making a decision on a Bitcoin IRA provider. Compare their services, products, and fees using our crypto IRA reviews, and do your own homework on each company reviewed—don't merely take our word for it. www.mydigitalmoney.com (833) 636-2008 GET FREE KIT www.bitcoinira.com (877) 430-3546 GET FREE KIT www.bitira.com (800) 299-1567 GET FREE KIT Bitcoin IRA: Frequently Asked Questions (FAQs) Disclosure: we would like to remind you that we are a 100% independent reviewer and that we are not employed by any of the companies reviewed on this page, including My Digital Money. Always do your due diligence when choosing a company to work with. Call a few, and request their free kits to get a better idea of their offerings. Digital currencies are volatile and risky investments. Do not invest any amount that you cannot afford to lose. Liam Hunt Liam Hunt, M.A., is a financial writer and analyst covering global finance, commodities, and millennial investing. His coverage has been featured in publications such as the New York Post, Forbes, and Barron's. » VIEW ALL ARTICLES

Protected: Bitcoin IRA Reviews: Top Crypto IRA Companies in 2023 – UPDATE

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