Welcome to Smart Bitcoin Investments! We have everything you need to make your Bitcoin Investment decisions (and life) a bit easier as you begin researching and planning for your financial future.
Investing In Bitcoin: Reviews of the Best Bitcoin IRA Companies In The Business (And Can’t Miss Bitcoin Financial Services)
On this page, you will find absolutely everything you need to know about investing in Bitcoin – also known as The Internet Of Money or Digital Gold. If you’ve been looking for a place that has all the answers about Bitcoin IRA Rollovers and also BTC financial services including Marketplaces, Exchanges, Wallets and Loans, this is it – without the fluff.
But before we dive into how the entire step by step process works, we’d like to take this time to answer the most frequently asked questions most smart investors ask about Bitcoin.
What Is Bitcoin?
To keep it simple for beginners, Bitcoin is essentially “free market” money in the sense that it has purchasing power in its own unique way. This money is a purely peer-to-peer version of electronic cash which allows online payments to be sent directly from one party to another without going through a financial institution. For those who wish to learn more about the fundamentals of Bitcoin and Blockchain technology, I recommend checking out the original Bitcoin whitepaper by Satoshi Nakamoto.
Bitcoin is a global currency. It works the same in every country around the world. Everywhere you go, the Bitcoin symbol is the same (BTC).
How Safe Is Bitcoin?
By being a decentralized currency, Bitcoin lets anyone in the world accept a private digital transfer of value from anyone else in the world instantly. Instead of sending your money through a remittance service like Western Union or a third party such as a Bank or even PayPal, this transaction system is uniquely peer-to-peer. Bitcoin is the same digital currency across borders, no matter what the country’s physical appearance and can be converted into nearly any local currency on request. With no transaction fees and the ability to receive your payments the next business day, what’s not to like?
If you are thinking about investing in Bitcoin you should not worry about the volatility of the price, and instead, do it for the long term investment. Bitcoin is essentially a currency network that can not be managed or manipulated by a central organization thanks to the Blockchain and cryptography. Bitcoin is a decentralized financial system taken out of the hands of a few global elite decision-makers. The Bitcoin represents an ever-expanding and increasingly adopted digital currency (cryptocurrency) that functions around planet Earth – no matter where you live – as a way to send and receive payment for goods and services.
Quite Possibly The Greatest Form Of Money Ever Invented…?
The potential of Bitcoin is immense when it comes to how it can shape the global economy. We’ve seen it already in Greece and we’ve seen it in places like Cyprus. In the event of a financial crisis, Bitcoin has been used as a hedge to store and transfer value between individuals. And the best part is that the payments are instant and safe from the control of a centralized government.
The currency has the potential to take on the remittance market (transfers of funds between two parties) and come out on top in every aspect. The reality is that it only takes a few seconds to send money from one end of the world to another. If a traveler is visiting the islands of Japan and runs out of Yen, they can simply just convert their Bitcoin to their local Fiat currency within an instant. In unbanked and underbanked regions of the world, people completely skip ownership of money inside a bank and instead participate in the transfer of encrypted peer-to-peer banking through digital currencies such as Bitcoin on smartphones.
Do you believe that protecting your family’s hard earned investment (and peace of mind) in the case of a financial crisis is important?
Over the past 50 years (possibly even hundreds of years), consumers went from using cash and coins to pay for goods and services to using bank and credit cards. The next evolutionary step will be mobile payments, which are still linked to your bank account but in the future will no longer require you to carry either cash or a card on you.
If the free market – which is made up by all of the Bitcoin users around the world – decided that the new Bitcoin price should not be U.S. $250, but U.S. $10,000, no central authority can say this cannot happen. Bitcoin is one of the very few transparent and borderless digital currencies that can both lose value – Fiat currency – but also gain value, like precious metals.
Five Fun Facts About Bitcoin:
- The supply is limited. Only 21 million bitcoin can ever be mined.
- Bitcoin user adoption is on the rise and growing steadily on Google Trends.
- Just like Gold, Bitcoin’s value does not correlate with the dollar and tends to move opposite to stocks & bonds.
- Approved by IRS as a form of currency.
- Has the potential to become the best form of money ever invented.
How To Get Started With Bitcoin Investments
First things first, Bitcoin is not only just an investment vehicle – it is a full bred currency with many uses. For additional uses of BTC check out my article here.
In order to obtain Bitcoin, you will have to either purchase it, mine it or trade for it. Bitcoin mining is a bit more tricky than purchasing Bitcoins, so for simplicity, if you would like to start and purchase your first Bitcoins go ahead and check out a BTC marketplace such as LocalBitcoins or an exchange like Coinbase or Kraken. After you purchase Bitcoin you will want to immediately transfer it over to a Bitcoin Wallet to keep it safe. Obtaining your first Bitcoin can be an exhilarating and rewarding experience.
Side note: Most of the news stories about Bitcoin getting “hacked” are false. The Bitcoin network itself is decentralized, with no point of failure – much like the Internet. So there is no reason to worry about Bitcoin getting hacked. What you should really look out for are Bitcoin marketplaces & services getting hacked, such as the case with Mt. Gox in 2011.
Choose A Secure Bitcoin Wallet For Cloud & Cold Storage
In order to prevent something like this from happening to your Bitcoin assets, every time you obtain BTC from an exchange or marketplace you should immediately perform a transfer and store them securely in a Bitcoin wallet of your choice. The cool thing about Bitcoin wallets is that they range amongst mobile, cloud and desktop wallets. Here is a great resource to choosing a secure Bitcoin wallet by Bitcoin.org.
Once you acquire enough coins that losing them would be painful, you should move them to an offline wallet – a method commonly referred to as cold storage.
You could compare this principle to banks moving customer funds into a vault rather than keeping it at the bank teller desk. Cold wallets range in type from paper to hardware wallets which can be stored on a USB drive or dedicated hardware wallet. A cold storage wallet ensures that your Bitcoins stay safe and accessible in the event of a hack, electrical meltdown or Internet outage. The only way to access Bitcoins inside cold storage would be to use a private key and transfer coins between individuals. Some of the most popular portable cold storage Bitcoin wallets include the Trezor, Ledger Nano S and KeepKey.
Why Choose a Bitcoin IRA?
A Bitcoin IRA, or Individual Retirement Account, is a personal financial retirement plan which provides investors with a method of investing in the BTC market, whilst also allowing them to enjoy the tax advantages associated with a standard individual retirement account. Many Americans desire a private pension plan that is backed by safety in the event of a crisis, and the Bitcoin IRA offers a robust and accessible solution.
“Did You Know? A $200 INVESTMENT IN BITCOIN IN 2011 WOULD BE WORTH $237,814 USD TODAY!”
What are the Benefits of a Bitcoin IRA Investment?
So, what are the main advantages of investing in a Bitcoin IRA? As a tangible asset, Bitcoin has historically held a value and an appeal that is unmatched by any other tradable good or commodity. It is universally recognized as a secure and trusted store of private wealth and is regarded favorably as a secure safe haven for investors during periods of instability or uncertainty. But there are other attributes which make Bitcoin an attractive investment opportunity, for any saver, regardless of their position in life or the size of their investment portfolio.
Every precious metal or digital currency invested in through an IRA enjoys the same tax advantages as any other Individual Retirement Account.
Gold is a fungible asset, and so is Bitcoin (even more so). The smallest unit of Bitcoin that can currently be sent is a hundredth of a millionth BTC, which is 0.00000001 BTC, also known as a Satoshi. Considering how large the platform of the Internet is this can have many benefits.
Keep in mind…
The Quick And Easy 4 Step Bitcoin IRA Rollover Process
- Fill out a Bitcoin IRA Form
- Set up your account in 24 hours
- Fund your account
- Put your Wallet in Cold Storage
“Three eras of currency: Commodity based, e.g. Gold. Politically based, e.g. Dollar. Math based, e.g. Bitcoin.” – Chris Dixon, Co-Founder of Hunch
The Best Bitcoin IRA Companies Reviewed
With Regal Assets, you get the benefits of both an Offline Wallet and Cold Storage. An Offline Wallet differs from a Cloud Wallet in that it is quite simply hacker-proof. With Regal Assets, your Bitcoin investment is protected in the case of a physical or natural disaster and secure from computer crashes, malware, spyware or viruses. This means your BTC assets will be as secure as if they were Gold assets held in a well-guarded vault. In this case, your Bitcoin and private keys will be protected both physically and digitally.
Conclusion: Remember to always do your due diligence as an investor, however it seems that Regal Assets has developed a virtually flawless process to hold Bitcoin for the long term. We recommend the Regal Assets company only for the serious investor who is considering a 401k to Bitcoin IRA Rollover. Get started here.
Regal Assets Company Information:
Address: 200 West Highway 6, 4th Floor Waco, TX
Zip Code: 76712
Country: United States
Company Website: www.regalassets.com
Bitcoin IRA: www.regalwallet.com
Years in Business: 6 Years
BBB Rating: A+
Regal Assets is a proud member of the BBB and BCA and holds the highest rating a company can obtain from the BBB and BCA. Regal Assets has been a featured member of the BCA due to their high level of customer service. With a 5 star out of 5 star customer service review and over 711 reviews, Regal Assets has earned a preferred membership status with TrustLink. Inc. Magazine has ranked Regal Assets No. 20 in the United States for financial services landing Regal Assets on the Inc. Magazine 500 List, an exclusive ranking of the nation’s fastest-growing private companies. As an industry leader, Regal Assets has attracted the support and business of prominent figures and celebrities including Alan Thicke, Dennis Miller, Laura Ingraham, Jerry Doyle, Lars Larson and Alan Colmes. Regal Assets has been featured in Smart Money, Forbes, Market Watch, Reuters, The Street, And the Hollywood Reporter.