The cryptocurrency market is not for the faint of heart. Bitcoin, Ethereum, and others have built reputations of wild fluctuations that can turn middle class people into millionaires one day, then make millionaires broke the next.
But it’s not really like that. The days of massive turbulence appear to be behind us, especially with the election of crypto-loving President Donald Trump. His early moves to outlaw Central Bank Digital Currencies and to build a cabinet of crypto-aficionados has kept most currencies in a relatively steady state.
Bitcoin, for example, skyrocketed shortly after his election and has remained in a stable range ever since. There have been ups and downs, but at a rate similar to other investments like precious metals or the stock market.
This is why many Americans are looking into cryptocurrencies to back their retirement with a BlockTrust IRA. The potential upside is tremendous and with a more solid foundation with the Trump administration at the helm, fears have been mostly suppressed.
But that doesn’t mean there aren’t challenges. There’s a distinct learning curve. Then, there’s the question of whether it’s best to go with a buy-and-hold strategy or a managed account in which experts try to maximize returns while subverting tax burdens.
With BlockTrust IRA, the choices are wide open. Whether with cash or by rolling over or transferring an existing retirement account, clients of BlockTrust IRA have the flexibility to guide their wealth themselves or allow experts to manage their accounts with the assistance of AI-derived data analysis.
Reach out to BlockTrust IRA today. Create a free, no obligation account. Then learn if now is the time to advance your wealth into a bright future with cryptocurrencies.