Bitcoin IRA is the world’s first, largest, and most secure digital asset IRA technology platform allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts. The increase in the price of Bitcoin has benefited individual investors who added cryptocurrencies to their retirement accounts and as a result are seeing sizable gains in their portfolios relative to other investment assets.
Crypto is the Best Performing Asset Class in 2020 (again)
Bitcoin has passed $18,000 as of November 20th and is now only 10% away from reaching its 2017 all-time high price, which is around $19,700. Since January 2020, Bitcoin is now up around 158% which far exceeds the S&P 500, up approximately 10%, the Dow which is up around 3%, and the Nasdaq Composite, up approximately 36%. Other leading cryptocurrencies are up even more in 2020 including Ethereum, Chainlink, and XRP, up around 365%, around 751%, and 207% respectively, as of 11/23/2020.
These robust gains are not unusual, as Bitcoin is up over 150% in 2020 and up over 5,000% over the last 5 years (source: TradingView).
Bitcoin IRA’s Clients have seen Dramatic Gains to their Retirement Accounts
Bitcoin IRA clients that purchased Bitcoin, and are still holding onto the assets, have had a positive return for their accounts. If they purchased around the new year of 2019 when Bitcoin was approximately $7,200, their retirement accounts would be up 158%, the same increase in the price of Bitcoin this year.
As a result, Bitcoin IRA has had over $60M in transactions so far in 2020 and $500 million in total transactions since the company started in 2016.
What’s Next for Crypto?
PayPal recently announced they are offering crypto to their 350 million users and 26 million merchants, JP Morgan announced the official launch of their blockchain project, and 80% of all central banks around their world are planning a digital currency.
Bitcoin’s price may grow to $318,000 by the end of 2021, according to a Citibank analyst and a popular crypto researcher, Willy Woo, believes Bitcoin’s bull run is just beginning.
How a Bitcoin IRA works
Bitcoin IRA allows clients to easily buy, sell, or swap cryptocurrencies and physical gold inside their retirement accounts online 24/7. The company safely stores its client’s assets with a US-based qualified custodian, not overseas, and has over 50,000 account holders with over 2,500 real 5-star reviews. Clients can invest in seven leading assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM), Zcash (ZEC), and physical Gold (PG).
