I wanted people to understand that they have choices when using a self-directed IRA to buy bitcoin and there are better options available than paying high broker commissions and giving up control of the private key.
New York, NY (PRWEB) March 15, 2018
Adam Bergman – IRA Financial Group Partner – Authors Forbes article on How to buy Bitcoin IRA. The article is titled,” Three Things You Need To Know Before Buying Bitcoins With An IRA.” The article highlights the need for investors looking to use retirement funds to purchase cryptocurrencies to understand the fees involved, importance of holding the private key, as well as recognize the risks involved when using retirement funds to purchase cryptocurrencies. “I wanted people to understand that they have choices when using a self-directed IRA to buy bitcoin and there are better options available than paying high broker commissions and giving up control of the private key,” stated Adam Bergman.
According to Mr. Bergman, there are a number of bitcoin and cryptocurrency IRA providers that are requiring their clients to purchase cryptocurrencies through their own brokers at a commission that can go as high as 25%, as well as give up control over the private key. The Forbes article was written to offer insight to retirement investors looking to purchase cryptocurrencies of some of the risk involved, as well as the importance of controlling the private key and minimizing fees.
“The whole point of cryptocurrencies is that it is private and decentralized. There is no reason that one needs to go through a broker to buy bitcoin and pay excessive commissions and give up control over the private key. This runs counter to the primary purpose of cryptocurrencies."
IRA Financial Group & IRA Financial Trust Company has partnered to offer a total control private key Bitcoin IRA LLC platform for cryptocurrency investors. With IRA Financial Group’s private key crypto solution, the retirement account holder have total control over his or her cryptocurrencies and can hold them through an exchange or via a digital or hardwallet. No need to pay commissions and account value fees to IRA custodians, with IRA Financial Group’s “Wallet Control” IRA one can take control of their cryptocurrencies.
Adam Bergman, IRA Financial Group partner, has written seven books the topic of self-directed retirement plans, including, “How to use Retirement Funds to Purchase Cryptocurrencies, “The Checkbook IRA”, “Going Solo,” Turning Retirement Funds into Start-Up Dreams, Solo 401(k) Plan in a Nutshell, Self-Directed IRA in a Nutshell, and in God We Trust in Roth We Prosper.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.