bitcoin ira investment

This is a paid press release.Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page.Readers should do their own research before taking any actions related to the company.Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.After reaching a milestone of $2 million, in new accounts during 5 months, Bitcoin IRA has introduced new, innovative pricing features.December 15, 2016, California, USA – The only American Bitcoin-based retirement fund that allows people to invest in Bitcoin, Bitcoin IRA is happy to announce its successful completion of a new milestone.The platform has opened Bitcoin Individual Retirement Accounts (IRA) worth over $2 million since it started its operations 5 months ago.Bitcoin IRA differentiates itself from other bitcoin investment products in multiple ways.
Unlike Bitcoin ETFs and investment funds, Bitcoin IRA offers an opportunity for individuals to invest in “real” Bitcoin at a much lower fee.As the deadline for IRA investment nears, Bitcoin IRA is offering innovative pricing for the benefit of investors.Investors looking forward to parking their money in Bitcoin-based/linked retirement fund have two options.They can either invest in the real thing, stored in a specialized bitcoin wallet offered by Bitcoin IRA or opt for a proxy certificate ETF which is simply a dollar denominated representation of the digital currency.If the performance of Bitcoin this year is any indication, then those holding on to actual bitcoin tend to gain impressive returns over time.The same can’t be said for Bitcoin ETFs.Bitcoin ETFs often trade at 20-30% premiums over the actual market indices for bitcoin (e.g.They also have hidden fees chargeable on the purchase, for annual management and liquidation.A comparison between Bitcoin IRA’s and Bitcoin ETF’s fees show recurring charges for Bitcoin ETF as against a one-time fee charged by Bitcoin IRA.
Considering a 3-year investment plan, a person investing in 11 BTC worth of ETF when the Bitcoin price is at $750 is going to spend $289 as purchase fee at 3.5%.Over a period of three years, if the cryptocurrency’s value appreciates by $100 each year, then at 3.5% management fees, the cost incurred will be $327 at $850/BTC, $366 at $950/BTC and $404 at $1050/BTC respectively.After the period, when the investor sells the ETF after paying a 3.5% purchase fee of $443 at $1150/BTC, he would have spent a total of $1829 (17.5%).However, with Bitcoin IRA, apart from a flat 15% initial fee, there are no hidden charges or management fees.For investing in 11 real bitcoins for a period of 3-years at an initial rate of $750 per unit will only cost the investor $1238, upfront irrespective of the cryptocurrency’s appreciation during the investment term.Unlike Bitcoin ETF, Bitcoin IRA investors can continue to keep their investment in bitcoins, beyond the investment term.Bitcoin IRA’s pricing model focuses on covering the extensive security costs involved in managing the revolutionary product and whatever the growth in investment entirely belongs to the investor.
About Bitcoin IRA Bitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest Bitcoin directly into an IRA or 401(k).pyopencl bitcoin minerThe investment options offered by Bitcoin IRA are approved by IRS.bitcoin qt sizeThe platform constantly works with leading fintech professionals to provide secure, high-quality Bitcoin investments.bitcoin usb miner vs gpuLearn more about Bitcoin IRA here.bitcoin pesaGet your free Bitcoin IRA Bitcoin Investment Guide here.bitcoin alliance indiaMedia Contact Contact Person: Johannes Haze Location: California, USA Bitcoin IRA is the source of this content.ethereum poster
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections.This press release is for informational purposes only., the only company offering cryptocurrency-based retirement investment portfolios, has announced its one-year anniversary today.In the first year since launch, the company's innovative retirement platform has been featured in the Wall Street Journal, Barron's and Investopedia for making Bitcoin an easy option for retirement investing.It has also expanded its cryptocurrency offering by adding a secure way to invest in Ethereum as well as Bitcoin.Bitcoin IRA is the first and only company to offer cryptocurrency-based IRAs for investors, allowing them to hold actual cryptocurrencies in a retirement account.Unlike traditional ETFs and investment plans, investors in Bitcoin IRA and Ethereum IRA continue to own their cryptocurrency even after the end of the IRA tenure, allowing them to freely distribute it.
Combining its innovative product with a strong bitcoin price trend and excellent customer support, Bitcoin IRA has achieved an extremely high client satisfaction rating, receiving an average of 5 out of 5 stars on review platform Birdeye."We're extremely proud of what we've accomplished with Bitcoin IRA," says Chris Kline, COO."Our commitment to listening to our clients has helped us grow month after month, and continually offer new, innovative ways for investors to save for retirement."Recently, the team behind Bitcoin IRA also launched Ethereum IRA, a similar investment product for Ethereum, the second-largest cryptocurrency.The company has been evaluating releasing new cryptocurrencies on its proprietary SDIRA platform, along with new features being driven by demand from existing stakeholders and clients."We've only scratched the surface of cryptocurrency and blockchain technology in the retirement space.Projects currently under development are driven by our clients and designed to drive mainstream crypto adoption ahead."
About Bitcoin IRABitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest with actual bitcoins for their IRA or 401(k).The platform works with leading fintech professionals to provide secure, high-quality Bitcoin investments.Bitcoin IRA offers both traditional and Roth IRA options, which offer the same tax incentives as regular IRAs and 401(k)s.The company differentiates itself from other bitcoin investment products in multiple ways.Unlike bitcoin ETFs and investment funds, Bitcoin IRA offers an opportunity for individuals to invest in real bitcoin at a much lower fee.In addition, investors keep total control over their Bitcoin deposits, with no holding fees and the ability to withdraw once the term is over./  Location:  Los Angeles, USAPhone:   +1.877.936.7175 Bitcoin IRA is the source of this content.Related LinksBitcoin PR Buzz Bitcoin IRA /news-releases/bitcoin-up-300-as-bitcoin-ira-celebrates-1-year-milestone-300454702.html