Consumer Affairs offers interesting crypto IRA guide

The following was submitted by ConsumerAffairs.

 

Bitcoin is a digital asset that functions similarly to physical currency. Instead of using banks to back the funds, however, Bitcoin uses cryptography to manage its worth. Bitcoin and other cryptocurrency’s popularity has made it a popular IRA investment.

Deciding to invest in Bitcoin for your IRA can be a risky but lucrative move. The following guide will help you find the right IRA company for your cryptocurrency investment.

Bitcoin is a digital asset that functions similarly to physical currency. Instead of using banks to back the funds, however, Bitcoin uses cryptography to manage its worth. Bitcoin’s popularity has made it a popular IRA investment.

Consumer Affairs recently talked to Jamie Hopkins, Associate Professor at The American College of Financial Services, who told us that while digital currencies are here to stay, there are still a lot of unknowns when it comes to investing. Deciding to invest in Bitcoin for your IRA can be a risky but lucrative move. Their guide will help you find the right IRA company for your cryptocurrency investment.

Read more here.

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