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The benefit of holding cryptocurrency such as Bitcoin in a NuView Self-Directed IRA is that it gives you full control over your investments and our custodial services provide a security blanket to ensure your investments are protected from fraud or third-party mismanagement.
A cryptocurrency is simply a digital version of money that uses cryptography for security. It’s a digital asset designed to be used as a medium of exchange between two peers. The key feature of a cryptocurrency is that it is organic in nature; it is not issued by any central bank or authority, keeping it immune to government interference and/or manipulation. Typically cryptocurrency is stored within a digital wallet secured by a private key. Bitcoin, created in 2009, was the first decentralized cryptocurrency.
While Bitcoin is widely popular, there are a wide variety of other Cryptocurrencies you can invest in using your self-directed IRA including (but not limited to):
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Written By: Austin Holloway, Director of Business Development for NuView Trust. If you have social media or follow financial news, you’ve probably seen the latest buzz about Cryptocurrency such as Bitcoin, Ethereum, Litecoin, Ripple, Dash – the list grows daily. At NuView, I continue to get this question more often: “How do I invest […]Read More >
Written By: Bryan Ellis, CEO of SelfDirected.Org The capital you’ve saved and built in your self-directed IRA is precious. For many, it’s the sum of your blood, sweat and tears over decades of a work and represents the payoff for missed little-league games, late nights at the office and more stress than anyone should […]Read More >
This month we’re featuring our client Mike who is an IT Director residing in St Augustine, Florida. While investing is not his main career, he is seasoned in many types of investments ranging from rentals and flips, hard money loans, precious metals (gold), and even bitcoin. With all of these investments under his belt using […]Read More >