Regal Assets self-directed crypto Roth IRA for digital currencies – why now is the time to start one.

Regal Assets self-directed crypto Roth IRA for digital currencies – why now is the time to start one.

Copyright © 2019. Digital Solutions Advisor

Copyright © 2019. Digital Solutions Advisor

Digital Asset News

Digital Asset News

Wouldn't it be nice to get your retirement account fully funded?

Wouldn't it be nice to get your retirement account fully funded?

My early days in the financial arena started with a commute from Madison Square Garden to the World Trade Center in NYC.  There I was trained as a stock broker by one of Wall Streets major brokerage firms.  In the years to come, I saw a lot of people invest in traditional assets, which in many cases, put them in direct competition with Wall Street’s institutional and billionaire investors.

That "David vs Goliath" phenomenon has recently changed due to a brand-new asset class.  Since Wall Street has yet to jump into the digital currency world with both feet, there’s a unique “window of opportunity” that hasn’t existed for the small investor in many decades.  But it may not last long.  

What’s going on behind the scenes right now is really quite amazing.  Don’t be fooled by some of the recent firms that have gone to zero-dollar trading commissions for equities.  Because Wall Street will always be driven by fees, they are getting ready to make buying crypto very easy for the small investor.  And that means they are going to make a ton of money on the fees generated by those transactions.  Their greed is an opportunity many will never see coming.  For those with vision, the payout could be huge.

Wall Street's pitch will be that bitcoin and other digital currency is a way to balance out any volatility in their mutual funds and recommended portfolios, which is true.  This is because bitcoin has no central controlling mechanism that determines what the price should or will be.

In my opinion, the timing is right for a crypto IRA.  However, not any IRA will do.  

My early days in the financial arena started with a commute from Madison Square Garden to the World Trade Center in NYC.  There I was trained as a stock broker by one of Wall Streets major brokerage firms.  In the years to come, I saw a lot of people invest in traditional assets, which in many cases, put them in direct competition with Wall Street’s institutional and billionaire investors.

That "David vs Goliath" phenomenon has recently changed due to a brand-new asset class.  Since Wall Street has yet to jump into the digital currency world with both feet, there’s a unique “window of opportunity” that hasn’t existed for the small investor in many decades.  But it may not last long.  

What’s going on behind the scenes right now is really quite amazing.  Don’t be fooled by some of the recent firms that have gone to zero-dollar trading commissions for equities.  Because Wall Street will always be driven by fees, they are getting ready to make buying crypto very easy for the small investor.  And that means they are going to make a ton of money on the fees generated by those transactions.  Their greed is an opportunity many will never see coming.  For those with vision, the payout could be huge.

Wall Street's pitch will be that bitcoin and other digital currency is a way to balance out any volatility in their mutual funds and recommended portfolios, which is true.  This is because bitcoin has no central controlling mechanism that determines what the price should or will be.

In my opinion, the timing is right for a crypto IRA.  However, not any IRA will do.  

A self-directed crypto Roth IRA for bitcoin and other digital assets – a hedge against traditional investments.

A self-directed crypto Roth IRA for bitcoin and other digital assets – a hedge against traditional investments.

As a crypto investor myself, I will be the first to say that you never want to bet more than you can afford to lose when buying bitcoin and other cryptos.  You always want to consult you CPA and investment advisor to see if a Roth crypto IRA fits your investment objectives.  

I will go into the benefits of a Roth crypto IRA shortly, but first I want to spend a bit more time on the problem small investors face right now.  With government spending out of control, and trillions of dollars in debt, and with a fiat money supply backed by nothing, the world economic outlook is not as great as many say it is.  As you will see, digital assets like cryptocurrencies are a great way to diversify and protect your retirement portfolio.

Cryptocurrencies like Bitcoin and Ethereum are viewed by many experts as the new digital versions of gold and silver.  Cryptocurrencies can’t be manipulated by the Fed or financial markets, foreign or domestic.  Since they utilize blockchain technology, they are totally decentralized, very secure, and controlled by supply and demand.

In fact, bitcoin’s supply is limited to 21 million coins, which makes it deflationary in nature, not inflationary.  The blockchain technology and the ability to enter into smart contracts is currently being used by banks and governments worldwide.  Here's a key point you don't want to miss.  The pace of adoption and innovation is getting ready to explode when it comes to cryptocurrency.  For those who act before the crypto tsunami hits, the rewards could be larger than one can imagine.

As a crypto investor myself, I will be the first to say that you never want to bet more than you can afford to lose when buying bitcoin and other cryptos.  You always want to consult you CPA and investment advisor to see if a Roth crypto IRA fits your investment objectives.  

I will go into the benefits of a Roth crypto IRA shortly, but first I want to spend a bit more time on the problem small investors face right now.  With government spending out of control, and trillions of dollars in debt, and with a fiat money supply backed by nothing, the world economic outlook is not as great as many say it is.  As you will see, digital assets like cryptocurrencies are a great way to diversify and protect your retirement portfolio.

Cryptocurrencies like Bitcoin and Ethereum are viewed by many experts as the new digital versions of gold and silver.  Cryptocurrencies can’t be manipulated by the Fed or financial markets, foreign or domestic.  Since they utilize blockchain technology, they are totally decentralized, very secure, and controlled by supply and demand.

In fact, bitcoin’s supply is limited to 21 million coins, which makes it deflationary in nature, not inflationary.  The blockchain technology and the ability to enter into smart contracts is currently being used by banks and governments worldwide.  Here's a key point you don't want to miss.  The pace of adoption and innovation is getting ready to explode when it comes to cryptocurrency.  For those who act before the crypto tsunami hits, the rewards could be larger than one can imagine.

Reduce retirement risk with a Roth cryptocurrency IRA – Will your current portfolio survive the next financial crisis?

Reduce retirement risk with a Roth cryptocurrency IRA – Will your current portfolio survive the next financial crisis?

Here are the facts all investors face today:

  • Student debt, which has been on a steep rise for years, could figure greatly in the next credit downturn.  There are eerie parallels to what happened in 2008 and what is going on today.  Much like the risky home loan boom, today massive amounts of unaffordable loans are being made to students who can't pay them back, or worse yet, who are waiting for the government to bail them out.
  • The financial system could be in great peril if one or more big banks fail.  When we get to a downturn, banks won't have the cushion to absorb their losses. Without a cushion, 2008 and 2009 could be repeated all over again.
  • Total household debt has risen to an all-time high of $13.67 trillion in Q4 of 2019.  Any type of secured lending backed by an asset that is overvalued is a warning sign.  Sound familiar?  It’s my opinion, that it’s happening again, right before our eyes.
  • The US national debt has spiked $1 trillion in less than 6 months.  If deficit spending continues, then the next downturn could be far worse than what happened in 2008 and 2009.  Are you prepared for that?

Here are the facts all investors face today:

  • Student debt, which has been on a steep rise for years, could figure greatly in the next credit downturn.  There are eerie parallels to what happened in 2008 and what is going on today.  Much like the risky home loan boom, today massive amounts of unaffordable loans are being made to students who can't pay them back, or worse yet, who are waiting for the government to bail them out.
  • The financial system could be in great peril if one or more big banks fail.  When we get to a downturn, banks won't have the cushion to absorb their losses. Without a cushion, 2008 and 2009 could be repeated all over again.
  • Total household debt has risen to an all-time high of $13.67 trillion in Q4 of 2019.  Any type of secured lending backed by an asset that is overvalued is a warning sign.  Sound familiar?  It’s my opinion, that it’s happening again, right before our eyes.
  • The US national debt has spiked $1 trillion in less than 6 months.  If deficit spending continues, then the next downturn could be far worse than what happened in 2008 and 2009.  Are you prepared for that?

Self-directed Roth IRA for cryptos to the rescue.

Self-directed Roth IRA for cryptos to the rescue.

The rise of cryptocurrencies (also known as digital currencies) has been unlike anything else in history.  Bitcoin and Ethereum have been leading the charge in the crypto space and the two digital currencies are now being used by consumers, businesses and governments worldwide.

As cryptos gain greater acceptance for personal and business transactions across the globe, the value of Bitcoin and Ethereum stands to grow rapidly.  Having cryptos in your IRA is the best way to take part in this digital revolution.

Here’s the key point.  As more investors and consumers fully embrace Bitcoin and Ethereum globally, the growing value in cryptos will not be compromised by a bearish stock market, falling oil prices, or a weakening dollar. This opens up great potential for growth and rapid expansion of value for your IRA account.  The question is, which IRA to use.

The rise of cryptocurrencies (also known as digital currencies) has been unlike anything else in history.  Bitcoin and Ethereum have been leading the charge in the crypto space and the two digital currencies are now being used by consumers, businesses and governments worldwide.

As cryptos gain greater acceptance for personal and business transactions across the globe, the value of Bitcoin and Ethereum stands to grow rapidly.  Having cryptos in your IRA is the best way to take part in this digital revolution.

Here’s the key point.  As more investors and consumers fully embrace Bitcoin and Ethereum globally, the growing value in cryptos will not be compromised by a bearish stock market, falling oil prices, or a weakening dollar. This opens up great potential for growth and rapid expansion of value for your IRA account.  The question is, which IRA to use.

Roth bitcoin IRA vs a standard bitcoin IRA.

Roth bitcoin IRA vs a standard bitcoin IRA.

If you have a standard IRA you know that one of the big benefits is that it’s pre-tax.  In other words, you pay no taxes on the qualifying income you earned when you move it to an IRA.  Any capital gains or income paid out during the life of the IRA are tax deferred.  In other words, you pay taxes and/or penalties when you withdraw the money.

 

The benefit of a Roth IRA is that the funds that go into it have already had the taxes paid on them, as there is no deduction allowed by the IRS.  This makes a Roth IRA a perfect vehicle for speculation with cryptos, once you have funded a standard IRA with a more conservative instrument.  You can make contributions after you are 70 and a half years old, and you can leave the amounts in your Roth IRA as long as you live.  However, there are some limitations, based on your adjusted gross income, so be sure to consult your tax professional beforehand.

 

The best way to bet on cryptos is to buy small positions across many coins.  A $200 to $400 investment per coin could have life changing results with the right cryptos.  Here's the key point.  If you have these cryptos in a Roth IRA, you get to withdraw the gains, tax free.  Can you imagine what that would mean if a $500 crypto bet went up in value 1000 times and you didn’t have to pay any taxes on the gain?  Wow!  I'll let you do the math on that one.

 

This scenario is not unlikely with the right coin(s).  Keep in mind, as mentioned, you never want to bet more than you can lose.  If you employ this strategy, it should not be with retirement funds.  It should be used as a hedge for a possible downturn in your overall retirement portfolio.

If you have a standard IRA you know that one of the big benefits is that it’s pre-tax.  In other words, you pay no taxes on the qualifying income you earned when you move it to an IRA.  Any capital gains or income paid out during the life of the IRA are tax deferred.  In other words, you pay taxes and/or penalties when you withdraw the money.

 

The benefit of a Roth IRA is that the funds that go into it have already had the taxes paid on them, as there is no deduction allowed by the IRS.  This makes a Roth IRA a perfect vehicle for speculation with cryptos, once you have funded a standard IRA with a more conservative instrument.  You can make contributions after you are 70 and a half years old, and you can leave the amounts in your Roth IRA as long as you live.  However, there are some limitations, based on your adjusted gross income, so be sure to consult your tax professional beforehand.

 

The best way to bet on cryptos is to buy small positions across many coins.  A $200 to $400 investment per coin could have life changing results with the right cryptos.  Here's the key point.  If you have these cryptos in a Roth IRA, you get to withdraw the gains, tax free.  Can you imagine what that would mean if a $500 crypto bet went up in value 1000 times and you didn’t have to pay any taxes on the gain?  Wow!  I'll let you do the math on that one.

 

This scenario is not unlikely with the right coin(s).  Keep in mind, as mentioned, you never want to bet more than you can lose.  If you employ this strategy, it should not be with retirement funds.  It should be used as a hedge for a possible downturn in your overall retirement portfolio.

Where to get a self-directed Roth IRA for bitcoin and other digital currencies.

Where to get a self-directed Roth IRA for bitcoin and other digital currencies.

I have done a ton of research on where to put my own cryptos.  I have chosen Regal Assets as my go to company for a number of reasons.  They are the world’s first alternative assets IRA that currently allows you to invest in both hard assets like precious metals and digital assets like cryptocurrencies.  

 

Their investment mechanism for metals and cryptos in an IRA is done in accordance with all IRS rules and regulations.  Their process is IRS-approved and emphasizes security and transparency.  You can open an IRA with Regal Assets directly or you can rollover or transfer funds from a previous retirement account, like a 401k, SEP, TSP, 403b, etc. into a new IRA account.

 

Regal Assets is the highest rated alternative assets firm in the country, with recognition from trusted third parties like Forbes, Smart Money, the Huffington Post and many others.  Regal Assets was also ranked #20 in the U.S. by the famous INC 500 in the financial services category, and subsequently featured on the prestigious Reuters Sign on Times Square to congratulate them on their victory.

 

Regal Assets has been consistently rated as the top company in the industry due to its stellar ratings on sites like TrustLink, BBB, BCA, INC 500 and others.  Regal Assets is dedicated to providing outstanding customer service to their clients and they have a stunning 99.9% client satisfaction rating.  

Their testimonials are verified fully by BirdEye. This verification process validates all the e-mails for the testimonials that are posted on TrustLink for Regal Assets and also by calling many of those who posted testimonials and speaking to their clients on the phone.

I have done a ton of research on where to put my own cryptos.  I have chosen Regal Assets as my go to company for a number of reasons.  They are the world’s first alternative assets IRA that currently allows you to invest in both hard assets like precious metals and digital assets like cryptocurrencies.  

 

Their investment mechanism for metals and cryptos in an IRA is done in accordance with all IRS rules and regulations.  Their process is IRS-approved and emphasizes security and transparency.  You can open an IRA with Regal Assets directly or you can rollover or transfer funds from a previous retirement account, like a 401k, SEP, TSP, 403b, etc. into a new IRA account.

 

Regal Assets is the highest rated alternative assets firm in the country, with recognition from trusted third parties like Forbes, Smart Money, the Huffington Post and many others.  Regal Assets was also ranked #20 in the U.S. by the famous INC 500 in the financial services category, and subsequently featured on the prestigious Reuters Sign on Times Square to congratulate them on their victory.

 

Regal Assets has been consistently rated as the top company in the industry due to its stellar ratings on sites like TrustLink, BBB, BCA, INC 500 and others.  Regal Assets is dedicated to providing outstanding customer service to their clients and they have a stunning 99.9% client satisfaction rating.  

Their testimonials are verified fully by BirdEye. This verification process validates all the e-mails for the testimonials that are posted on TrustLink for Regal Assets and also by calling many of those who posted testimonials and speaking to their clients on the phone.

Benefits to being a Regal Assets client.

Benefits to being a Regal Assets client.

  • Regal Assets are official members of the Forbes Finance Council.
  • They provide all the necessary education to make sure their customers are 100% comfortable moving forward with their investment.
  • Regal Assets employs non-pushy sales people who will answer all your questions before proceeding. Unlike many companies who try to push their clients into certain products because they yield higher fees and commissions, they strictly focus on products that suit the individual needs of each investor.  
  • They offer multiple storage options if you decide to add precious metals to your IRA.  These locations are not just locally in the US, but also offshore in Singapore, the world’s most stable and secure financial jurisdiction.
  • Regal Assets provides a transparent fee and commission schedule. You’ll know everything it will cost you before you sign anything.
  • Regal Assets are official members of the Forbes Finance Council.
  • They provide all the necessary education to make sure their customers are 100% comfortable moving forward with their investment.
  • Regal Assets employs non-pushy sales people who will answer all your questions before proceeding. Unlike many companies who try to push their clients into certain products because they yield higher fees and commissions, they strictly focus on products that suit the individual needs of each investor.  
  • They offer multiple storage options if you decide to add precious metals to your IRA.  These locations are not just locally in the US, but also offshore in Singapore, the world’s most stable and secure financial jurisdiction.
  • Regal Assets provides a transparent fee and commission schedule. You’ll know everything it will cost you before you sign anything.

Regal Assets self-directed IRA reviews.

Regal Assets self-directed IRA reviews.

Want more proof?

Want more proof?

February 20, 2020 by Lou Zebedeo, 

Investor, Blogger, Dean Witter Broker quondam

February 20, 2020 by Lou Zebedeo, 

Investor, Blogger, Dean Witter Broker quondam

Crypto Info Wire

Crypto Info Wire

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