What’s the big idea with cryptocurrency?
Investing in Cryptocurrency
Cryptocurrency is not a tangible asset and its value simply relies on what the market will bear.
Would you rather invest in gold or a gold mining operation? Make a secured loan or explore opportunities in the international debt market? Real Estate or a REIT?
There are plenty of “blockchain funds” to speculate but some investor view cryptocurrency for what it is, the currency of the future. If you simply want to put some money aside in a crypto-IRA savings account the best thing to do is establish an IRA LLC.
With IRA checkbook control, putting cryptocurrency in your IRA is as simple as downloading Coinbase on your smartphone and clicking that “buy” button.