Mainstream Adoption
It’s a new year and a better time than ever to dive into financial planning. If you’re revisiting your IRA investment plan, here are six reasons why you should look into adding cryptocurrency to your portfolio.

With the launch of Bitcoin Futures across both the CBOE and CME markets, investors are approaching Bitcoin as a more viable investment opportunity, increasing the digital currency’s visibility and credibility at the mainstream level, and winning over some of its biggest skeptics. Furthermore, regulated exchanges like LedgerX, (and tZero, which is expected to launch in early 2018), are reducing risk, boosting liquidity, and drawing more institutional investors to the cryptocurrency space.

Digital currencies have gained traction in the political realm, as well. Last September, the Cryptocurrency Tax Fairness Act was introduced as a way to create a taxing structure for purchases made with cryptocurrency and would allow customers to make purchases up to $600 without burdensome reporting requirements. “By cutting red tape and eliminating onerous reporting requirements, it will allow cryptocurrencies to further benefit customers and help create good jobs,” Colorado Representative Jared Polis said in support of the Act. Although it was not incorporated into the tax bill, it remains up for discussion and indicates a tremendous level of interest in streamlining processes surrounding digital currency.

Global Prominence
Bitcoin is being used all across the globe and it is more widely distributed today than it has ever been before. Nothing has stopped the massive upward trajectory of cryptocurrency, not even China’s crackdown. Although the price briefly dropped following the news of China’s ban, Japan and South Korea picked up the slack and Bitcoin rose to another all-time high quickly thereafter.

All around the world, Bitcoin and cryptocurrencies as a whole are rising in global prominence. Japan currently accepts digital currency in over 260,000 retail stores. In Venezuela, amidst the hyperinflation of the Bolivar, Bitcoin is used to buy food, plane tickets, and pay employees, and is referred to as a lifesaving currency. All signs point to the fact that digital currencies are not a passing trend and are here to stay. In a recent survey of different cryptocurrency investors around the world, 90 percent said they believed in the future of Bitcoin and are investing with a long-term perspective.

Diversification
Diversification is an investment technique to reduce risk by allocating investments among various financial instruments. Bitcoin and cryptocurrency is one of the best ways these days to diversify your IRA or 401k. Bitcoin’s growth potential is greater than that of any traditional asset class. As Bitcoin legitimizes and stabilizes it will pass traditional investments. With analysts predicting Bitcoin’s price to hit in the tens of thousands in the near future, it is certainly a portfolio diversification opportunity that will add value to your account.

The First Full-Service Bitcoin Purchasing Service in LA

LOS ANGELES, Feb. 7, 2018 — Bitcoin IRA, the #1 retirement solution to allow individuals to purchase digital currencies for an IRS-compliant account, has officially launched Coin Cash™. This is the first full-service platform that allows individuals to fund, buy, sell, and store Bitcoins and other digital currencies.

Coin Cash is a turnkey, full-service solution to purchase and store cryptocurrencies. It includes setting up a qualified cryptocurrency account, funding your account with our custodian Kingdom Trust, executing live trades on a leading exchange and moving funds into a secure, multi-signature digital wallet.

Unlike cash exchanges, Coin Cash does not have investment caps, so consumers can invest as much as they’d like, immediately, without restrictions. Coin Cash supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Ethereum Classic (ETC) and Bitcoin Cash (BCH) and all transactions are stored with BitGo, the leader in multi-signature encryption and digital security with over $10 Billion in transactions per month.

Chris Kline, COO of Bitcoin IRA, said:

“Purchasing, transferring and storing Bitcoin is complicated and one mistake can result in a total loss of your investment. We created Coin Cash based on an enormous demand from our existing IRA client base, who wanted the same fast and secure turnkey full-service solution for cash purchases.”

Together, Coin Cash and its custodian, Kingdom Trust, provide an unparalleled level of security for customers. Kingdom Trust is a recognized custodian with over $12 billion in assets, and provides extensive reporting and tax documentation. Concurrently, Coin Cash has a $1 Million Consumer Protection insurance policy which covers consumers on the transactional side from any internal causes of fraud or theft.

With this launch, Bitcoin IRA has expanded their services beyond the realm of retirement investments and into the larger world of buying and selling cryptocurrency at large. Individuals can access Coin Cash at: bitcoin.digitaloneira.com

BitGo Supports Multiple Cryptocurrencies
Part of the appeal of cryptocurrency is diversifying your assets, yet many digital currency wallet providers only support Bitcoin. BitGo, however, supports Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and Ethereum Classic. Customers that work with Bitcoin IRA to store their cryptocurrency IRA investments in a BitGo wallet have reported overwhelmingly positive experiences, no matter which digital currency they are investing in.

Solid Track Record
Company reviews matter, and a Google search for many cryptocurrency wallets in the marketplace reveals a slew of concerning complaints, ranging from spam to nonexistent customer service. BitGo’s reviews, on the other hand, are largely positive. The Merkle writes, "BitGo offers a very secure wallet solution which remains approachable by the average consumer on the street." Convenience and security often do not mix that well, but BitGo shows it can be done. Other reviews for the digital currency wallet offer similar praise; with its highly secure functionality frequently recognized as a major selling point. Another major selling point is the prompt customer service.

Unbeatable Customer Service
When customers entrust third-party companies with their financial investments, they should expect unparalleled customer service that swiftly addresses customer concerns. BitGo, based locally in Palo Alto, offers an extensive FAQ page on their site as well as additional assistance from their support team. Furthermore, Bitcoin IRA customers also have access to premium support.
Conversely, many other cryptocurrency wallet providers are based abroad and do not provide clear contact information, with customers calling, emailing, and messaging on social media repeatedly to no avail. Ultimately, if you are making a sizable digital currency investment and have questions, you want to depend on a trusted provider that will call you back.

Blockchain
The growing influence of the blockchain and its technology is transforming the way people are doing business. It is increasingly transforming peer-to-peer interactions in the digital world, disrupting traditional processes. The implications of this technology go beyond finance. Although finance was the first industry to embrace encrypted, distributed ledgers, other industries are adopting the technology as well. Recruitment and human resources departments are using blockchain CVs to verify qualifications of applicants, and intellectual property law, which involves tracking transfer of ownership, is also employing the technology. Much more than a digital currency, Bitcoin can be thought of as the basis for a groundbreaking technology that many consider the greatest innovation since the internet.