Retirement Account

A Bitcoin IRA is another name for a self-directed IRA. Self-directed individual retirement accounts allow you to invest in alternative asset classes, like real estate, precious metals and cryptocurrency, which are excluded from conventional IRAs. “Under the umbrella of self-directed IRAs, Investors worldwide have the option to purchase a wide variety of alternative assets. The Retirement Industry Trust Association (RITA), a self-directed IRA industry group, estimates that currently between 3-5% of all IRAs are invested in alternative assets. Investing in Bitcoin for retirement may enhance your investment returns as well as provide broader diversification.