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 also made it a popular IRA investment. Deciding to invest in Bitcoin for your IRA can be a risky but lucrative move. We’ll help you find the right IRA company for your cryptocurrency investment. Step 1: Open a Bitcoin IRA account All digital IRAs, including IRAs for Bitcoin and other cryptocurrencies, are self-directed IRAS. This means…
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