Choosing the right digital IRA company to work with can be a challenge. These days, there’s a lot of fear, uncertainty and doubt that affects everyone when it comes to retirement planning. We face challenging questions about the future. So we strive for transparency, simplicity and integrity in everything we do.
That’s why we’re honored so many people, women and men just like you, have chosen to work with BitIRA. From the very beginning, we’ve done our best to make the digital IRA process straightforward, easy to understand, and most of all safe. Because here’s the thing: we don’t win unless you win.
Here’s what our customers are saying about our efforts:
“I called several companies to evaluate fees for various scenarios including set-up and selling of crypto. BitIRA had the best deal under a variety of scenarios.”
“Fair deal with reasonable maintenance fees.”
“It was a real pleasure working with BitIRA personnel. They were very knowledgeable and helpful in getting me the right information and getting me set up in a timely manner.”
“I found that BitIRA’s salespeople were professional, prompt, responsive, transparent, knowledgeable, patient with my questions, and eager to help. I knew I had found the right company to handle this transaction for me.”
Those are just the highlights.
Now, let’s take a closer look at a few of the people, just like you, who decided to work with BitIRA.
BitIRA customers range from novices to the crypto-savvy
Q: Before you reached out to BitIRA, what was your level of interest in crypto? Had you bought cryptocurrencies before?
Carlos R. : “My interest was high, and I did not buy bitcoin before. I was looking a smart way to buy [crypto] with the blessing of the U.S. government…”
Daniel C. : “I have been a bitcoin enthusiast since 2012, and had bought, sold, and used bitcoin many times between 2012 and late 2019, which is when I reached out to BitIRA.”
Bryan M. : “I had studied cryptos but was not comfortable buying them due to the storage factor. I had not bought cryptocurrencies before.”
Ramona C. : “BitIRA was my first and only contact. I didn’t know much about crypto (I joined in August, 2018), just following ‘my gut’ on the issue….the gut said get into crypto.”
Joseph M. : “Very interested in crypto, participated in a number of ICO’s and have been investing for the past 4 years.”
Richard E. : “I had heard of bitcoin but did not know much about it. This was my first investment in cryptocurrency.”
Deciding on a crypto IRA
Q: Take me through why you decided to invest in crypto within your IRA.
Edward M. : “Well, I had an IRA that I needed to move [with a good amount in it], and I have been in crypto for about a year and liked the ideas of storing BTC and other crypto away from easy trading and tax benefits of having it in a self-directed IRA.”
Daniel C : “I was only interested in being able to find a way to hold bitcoin in a Roth IRA. I see bitcoin as a kind of “asymmetric bet,” as something with nearly unlimited potential in its upside if it succeeds in the long run. A small amount of money invested in bitcoin today may become a very large amount of money in the long run. Since Roth IRAs are designed to protect growth from taxation, they are the ideal place to hold bitcoin long-term.”
Bryan M. : “I wanted a hedge against fiat currency. I wanted it to be with a full-service organization and I wanted it to be in a self-directed IRA.”
Joseph M. : “I had recently changed jobs and needed to figure out how to move forward with my 401K from my previous employer. Because I was interested in crypto, the BitIRA option seemed like an obvious solution.”
David Nguyen: “BTC is an asymmetric investment asset that I expected back then to increase in value significantly. Knowing that, I was looking for a way to buy BTC in my Roth IRA…”
Richard E. : “First, I wanted to invest in a high risk/high reward venture with a portion of my Roth IRA. I have been listening to the Rich Dad radio programs which suggested crypto as a possible investment and it seemed like a worthwhile risk. Since the tax had already been taken out, it was the perfect way to invest in crypto. If there was a huge gain, I would not need to worry about paying taxes on that gain. If I lost everything, I had only invested a small percentage of my IRA so I could afford to lose that amount. It was a no brainer.”
Finding the right digital IRA company
Q: Why did you choose BitIRA?
Craig K. : “Fair deal with reasonable maintenance fees.”
Daniel C. : “I chose BitIRA because I wanted to find a way to hold bitcoin itself in a Roth IRA, and after searching the web and asking around it was the only company I could find that looked legitimate. Once I reached out, I found that BitIRA’s salespeople were professional, prompt, responsive, transparent, knowledgeable, patient with my questions, and eager to help. I knew I had found the right company to handle this transaction for me. My experience working with BitIRA was great. Jeremy explained every step of the process to me, sometimes multiple times, and made sure I was comfortable each step of the way. There were no surprises or curve balls thrown. The process and fees were all explained well ahead of time and executed exactly as they had been explained. Everything moved along at a reasonable pace, and Jeremy made sure to keep communication lines open so I always knew where we were in the process.”
Bryan M. : “BitIRA met the criteria that I had established. I.e. Full service, storage, and connected me with a firm to establish a self -directed IRA. It was a real pleasure working with BitIRA personnel. They were very knowledgeable and helpful in getting me the right information and getting me set up in a timely manner.”
Keat L. : “A friend had done the research himself and setup a BitIRA account, and he recommended I do the same. It was a pretty good experience…”
Richard E. : “When I decided to invest, I called several companies to evaluate fees for various scenarios including set-up and selling of crypto. BitIRA had the best deal under a variety of scenarios. I also talked to Jay who impressed me with his knowledge. In fact, I have talked with him a couple of other times and he was always very helpful in answering my questions.”
There’s a cryptocurrency for everyone
Q: Which coin is your favorite? Why?
Edward M. : “My favorite right now is DOT. I like how they don’t see themselves as a “ETH killer” and has the advantages of more scalability and parachains to strengthen the network. There are many other smaller projects that I am in but for now I am accumulating DOT.”
Daniel C. : “Bitcoin is the only cryptocurrency worth anything in the long run, in my opinion. There can only be one store of value / digital gold / sound money in the crypto world, just as gold once dominated as the world’s reserve currency and sound money. Bitcoin will be that, only for the 21st century.”
Bryan M. : “Bitcoin. Bitcoin is limited to the number of coins to be produced, it is well known, it has been around for a while, it is a store of value and I believe a good hedge against fiat currency.”
Joseph M. : “I really like the rigor that has gone into the development of Cardano.”
David N. : “I can’t really say a favorite because not all crypto assets are the same. My 2 favorites would be BTC for store of value and ETH for the financial infrastructure that will disrupt our traditional but antiquated financial system. Note: The smart contracts will need an oracle (ex: Chainlink) to properly function.”
Richard E. : “I have only invested in Bitcoin so I guess that is my current favorite. I choose it because it was the most well-known.”
“The most dangerous thing about crypto assets… is having none.”
Q: If you could tell the rest of the world one thing about cryptocurrencies, or crypto investing, or digital currency IRAs, what would it be?
Edward M. : “Crypto investing is not for everybody, it has many highs and lows. I’ve been through bear and bull cycles. It is very exciting and you can change your your future with the money gained in the market but you can also lose all your money…”
Daniel C. : “Buy bitcoin. And hold it, if not forever, then at least for 10+ years. Bitcoin is sound money for the digital age. Even after 10 years of 200% growth, it is still undervalued in the extreme given its long-term growth potential. Do not miss out on this technology, whose impact on the world in the next 30 years will be comparable to that of the Internet.”
Bryan M. : “Go for it. Don’t miss out on this opportunity. However, realize that you should not invest more than you can afford to lose.”
David N. : “The most dangerous thing about crypto assets, specifically BTC, is having none. I predict the term ‘1-coiner’ will be a meme sooner than later. Additionally, BTC is a necessary hedge, considering how irresponsible our central banks are being right now.”
Keat L. : “Crypto is definitely worth including as a part of your investing strategy as a separate category. At this point, it’s still speculative (albeit no more so than any other startup/venture capital investment) but the potential is very high.”
Richard E. : “From what I understand, anytime bitcoin is sold or used for a purchase it is a taxable event. In fact, my accountant states that this can create a lot of work to be in compliance with the law. Because of the rules with Roth IRA’s it is my belief that using a Roth is one of the best ways to invest in crypto.”
If you’d like to learn more about how to quickly and easily convert your retirement account into a Digital IRA, contact BitIRA today at (800) 299-1567. Your Digital Currency Specialist will explain the process step-by-step and answer any questions you may have. Still not convinced? See what this Reddit user had to say about his experience with us.