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Digital Assets and Cryptocurrency Insurance

What You Need to Know About Digital Assets and Cryptocurrency Insurance

In today’s digital age, where cryptocurrencies have become a prominent form of investment and transaction, it is crucial to understand the importance of cryptocurrency insurance. Cryptocurrency insurance provides a level of protection against potential risks and uncertainties associated with owning and using cryptocurrencies. As the value of digital assets continues to rise, so does the need for insurance to safeguard these valuable investments. 

One of the main reasons why digital asset insurance is essential is the risk involved in owning cryptocurrencies. Unlike traditional financial assets, cryptocurrencies are decentralized and operate on a technology called blockchain. While blockchain technology provides security and transparency, it is not immune to risks. Without proper insurance, individuals and businesses can face significant financial losses if their digital assets are compromised. 

The Risks of Not Having Digital Asset Insurance 

The risks of not having crypto insurance can be substantial. Imagine waking up one day to find that your digital wallet has been hacked and all your cryptocurrencies have been stolen. Without insurance, you would be left to bear the entire financial burden on your own. The loss could be devastating. Without insurance, investors may find themselves unable to recover from such losses, leading to financial instability and insecurity. 

The Types of Digital Assets That Can Be Insured 

Digital asset insurance covers a wide range of cryptocurrencies and digital assets. Bitcoin, the most well-known cryptocurrency, is often the primary focus of insurance policies. However, many other cryptocurrencies, such as Ethereum, Litecoin, and Ripple, can also be insured. Additionally, digital assets like digital tokens, digital securities, and digital collectibles can be included in insurance coverage. 

It is important to note that the availability of insurance coverage may vary depending on the insurance provider and the specific terms and conditions of the policy. Some insurance companies may offer comprehensive coverage for a wide range of digital assets, while others may have more limited coverage options. Before choosing an insurance policy, it is essential to carefully review the coverage details and ensure that it aligns with your specific needs and requirements.  

An Overview of BitGo and Its Role in Digital Asset Protection 

BitGo is a leading provider of secure digital asset storage and protection services. As one of the most trusted names in the industry, BitGo offers institutional-grade security for cryptocurrencies and other digital assets. Their platform utilizes multi-signature technology, cold storage, and advanced security protocols to safeguard digital assets against theft, loss, and unauthorized access. 

The security of your digital assets is Bitcoin IRA’s top priority, so you can confidently plan for retirement. When you invest with Bitcoin IRA, your cryptocurrency is protected. A majority of client assets are held by BitGo – the world’s largest processor of Bitcoin transactions. You can trade assuredly with robust security features, including multi-signature digital wallets, secure custody, and industry-leading insurance.1 

Enjoy the peace of mind of financial security

In conclusion, cryptocurrency insurance, or digital asset insurance, is essential in today’s digital age. It provides protection against potential risks and uncertainties associated with owning and using cryptocurrencies. Without proper insurance, individuals and businesses are exposed to potential losses.  

When choosing digital asset insurance, it is important to consider factors such as coverage limits, exclusions, security measures, and the reputation of the insurance provider. By following the necessary steps and obtaining the right insurance policy, individuals and businesses can safeguard their digital assets and enjoy the peace of mind and financial security that comes with insurance coverage. 

Don’t wait until it’s too late. Protect your valuable cryptocurrencies and digital assets with digital asset insurance. Open an account at and secure your financial future today. 


1. Security, storage, wallet providers, and insurance may vary based on asset chosen and custody solution available. Alternative IRA Services, LLC dba Bitcoin IRA is a platform that connects consumers to qualified custodians, digital wallets and cryptocurrency exchanges. The company is not a custodian, is not a digital wallet and is not an exchange. Self-directed purchases processed through Bitcoin IRA have not been endorsed by the IRS or any government or regulatory agency. Bitcoin IRA is not an adviser. Information contained on this website is for educational purposes only. We encourage you to consult an adviser or professional to determine whether Bitcoin IRA makes sense for you. 



crypto asset protection

Crypto Asset Protection: Steps to Safeguard Your Digital Wealth and Keep Your Cryptocurrency Secure

As the popularity of cryptocurrency continues to grow, it’s becoming increasingly important to understand the significance of crypto asset protection. With the rise of digital assets, it’s crucial to ensure that your investments are secure and protected. In this article, we will explore the various steps you can take to safeguard your digital wealth and keep your cryptocurrency secure. 

Best Practices for Securing Your Digital Assets 

When it comes to safeguarding your cryptocurrency, there are several best practices you should follow. Firstly, it’s essential to choose a reputable and secure wallet for storing your digital assets. Look for wallets that offer robust security features, such as encryption and multi-factor authentication. Additionally, regularly update your wallet software to ensure you are benefiting from the latest security patches. 

Another crucial aspect of crypto asset protection is implementing two-factor authentication (2FA) and other security measures. 2FA adds an extra layer of security by requiring users to provide two pieces of identification before accessing their accounts. This can include a password, a fingerprint scan, or a unique code sent to your mobile device. By enabling 2FA, you significantly reduce the risk of unauthorized access to your cryptocurrency. 

Choosing the Right Wallet for Your Crypto Assets 

Selecting the right wallet is a critical step in protecting your digital assets. There are various types of wallets available, including hardware wallets, software wallets, and online wallets. Hardware wallets, offer the highest level of security as they store your private keys offline. Software wallets, on the other hand, are installed on your computer or mobile device and can be convenient for frequent transactions. Online wallets, while accessible from anywhere, can be susceptible to hacking attempts. Consider your needs and preferences when choosing a wallet that suits you best. 

Two-Factor Authentication and Other Security Measures 

In addition to choosing a secure wallet, implementing two-factor authentication (2FA) is crucial for enhancing the security of your cryptocurrency. 2FA requires users to provide an additional piece of information, typically a unique code sent to their mobile device, to access their accounts. This adds an extra layer of protection by ensuring that even if someone gains access to your password, they won’t be able to access your cryptocurrency without the second factor. 

Alongside 2FA, it’s essential to use strong and unique passwords for all your cryptocurrency-related accounts. Avoid using easily guessable passwords and consider using a password manager to securely store your login credentials. Regularly updating your passwords is also crucial to minimize the risk of unauthorized access. 

The Role of Blockchain Security in Crypto Asset Protection 

Blockchain technology plays a crucial role in the security of cryptocurrencies. The decentralized nature of blockchain ensures that no single entity has control over the network, making it highly resistant to hacking attempts. Transactions recorded on the blockchain are immutable, meaning they cannot be altered once they are confirmed. This provides an additional layer of security and trust in the cryptocurrency ecosystem. 

To further enhance blockchain security, it’s essential to participate in the network’s consensus mechanism. By actively participating in the validation of transactions, you contribute to the overall security and integrity of the blockchain. This can be done through mining or staking, depending on the specific cryptocurrency you hold. 

Exploring Crypto Security Options 

In addition to the measures discussed so far, there are other crypto security options you can explore. One such option is using multi-signature wallets. Multi-signature wallets require multiple parties to authorize a transaction, providing an extra layer of security. This can be particularly useful for businesses or individuals who want to have multiple people involved in approving transactions. 

Another option is utilizing cold storage solutions. Cold storage involves storing your cryptocurrency offline, away from any internet connection. This can be done through hardware wallets or paper wallets. By keeping your cryptocurrency offline, you eliminate the risk of online attacks and hacking attempts. 

The Benefits of a Crypto IRA for Safeguarding Your Wealth 

If you’re looking for a long-term approach to safeguarding your cryptocurrency investments, consider opening a crypto IRA. A crypto IRA allows you to invest in digital assets while enjoying the tax advantages of an Individual Retirement Account (IRA). By holding your cryptocurrency in a crypto IRA, you can defer taxes on any potential gains until you withdraw the funds during retirement. This can provide significant benefits in terms of wealth preservation and tax planning. 

By opening a crypto IRA with, you can ensure that your digital assets are held securely and enjoy the benefits of tax-deferred growth. offers a user-friendly platform that allows you to invest in cryptocurrencies within an IRA structure. With our secure storage solutions and industry expertise, you can have peace of mind knowing that your crypto assets are protected. 

Seeking Professional Help: Crypto Asset Protection Services 

For those who prefer a hands-off approach to crypto asset protection, there are professional services available. Crypto asset protection services offer comprehensive solutions for securing and managing your digital wealth. These services typically include secure storage, insurance coverage, and proactive monitoring of your cryptocurrency investments. By entrusting your assets to professionals with expertise in crypto security, you can alleviate the burden of managing your own security measures. 

When choosing a crypto asset protection service, it’s crucial to conduct thorough research and select a reputable and trusted provider. Look for services that offer robust security measures, such as cold storage solutions and multi-factor authentication. Additionally, consider the level of insurance coverage provided by the service, as this can provide an added layer of protection in the event of a security breach. 

In conclusion, crypto asset protection is of utmost importance in today’s digital world. By implementing best practices, you can safeguard your digital wealth and keep your cryptocurrency secure. Choose a secure wallet and enable two-factor authentication. Consider the role of blockchain security and explore additional crypto security options such as multi-signature wallets and cold storage. If you’re looking for long-term wealth preservation, opening a crypto IRA can provide significant benefits. And if you prefer professional assistance, there are crypto asset protection services available to alleviate the burden of managing your own security measures. By taking these steps, you can ensure the safety of your digital assets and invest in cryptocurrency with confidence. 

Open a crypto IRA with today and secure your digital assets for the future. 

Analyzing Crypto

Navigating the Crypto Landscape: Active Management vs. HODLing for Long-Term Gains

The crypto landscape has emerged as a dynamic and highly lucrative market in recent years. As cryptocurrencies gain popularity, investors are presented with a multitude of opportunities to achieve long-term gains. However, navigating this complex landscape can be challenging, especially for those new to the world of digital assets. In this article, we will explore two popular approaches to investing in cryptocurrencies: HODLing and active management. By understanding the pros and cons of each strategy, investors can make informed decisions to maximize their long-term gains.  

Understanding Long-Term Gains in the Crypto Market 

Before diving into the different investment strategies, it is crucial to grasp the concept of long-term gains in the crypto market. Cryptocurrencies, such as Bitcoin and Ethereum, have exhibited significant price volatility over the years. While this volatility may deter some investors, it also presents an opportunity for substantial profits. Long-term gains in the crypto market refer to the appreciation of the value of a digital asset over an extended period. By strategically investing in cryptocurrencies with promising fundamentals and innovative technology, investors can capitalize on this potential for growth. 

HODLing and Active Management: Pros and Cons 

The Concept of HODLing in the Crypto Market 

HODLing, a term that originated from a misspelling of “hold” in an online forum, has become synonymous with long-term investment in the crypto market. HODLers are individuals who believe in the long-term potential of cryptocurrencies and resist the temptation to sell during market downturns. This approach is based on the belief that the crypto market will continue to grow over time, leading to substantial gains for those who hold onto their digital assets. 

One of the primary advantages of HODLing is its simplicity. By buying and holding onto cryptocurrencies for an extended period, investors can avoid the complexities of active trading and potentially benefit from the overall upward trajectory of the market. Additionally, HODLing eliminates the emotional aspect of trading, as investors are not constantly monitoring price fluctuations or making impulsive decisions based on short-term market movements.  

Active Management Strategies for Maximizing Gains 

Active management involves actively buying and selling cryptocurrencies based on market trends, news, and technical analysis. Unlike HODLing, active management requires a more hands-on approach and a deep understanding of the crypto market. By actively managing their crypto portfolio, investors aim to take advantage of short-term price fluctuations and maximize their gains.  

One of the key advantages of active management is the potential for higher returns. By actively monitoring the market and making informed trading decisions, investors can capitalize on short-term price movements and potentially outperform the market. Additionally, active management allows investors to adapt their strategies to changing market conditions, reducing the risk of holding onto poorly performing assets.  

Exploring Crypto IRAs: Benefits and Considerations 

How to Set Up a Crypto Retirement Account 

As the popularity of cryptocurrencies continues to rise, investors are increasingly seeking ways to incorporate digital assets into their retirement portfolios. One option is to set up a crypto Individual Retirement Account (IRA). A crypto IRA allows investors to hold digital assets within a tax-advantaged retirement account, providing potential long-term gains without the immediate tax implications. 

Setting up a crypto IRA involves several steps. First, investors must choose a reputable crypto IRA provider that offers the desired range of digital assets and investment options. Once a provider is selected, investors will need to open an account and complete the necessary paperwork, including providing identification. After the account is set up,  investors can fund their crypto IRA by transferring assets from another retirement account or by contributing cash.   

Comparison of Different Crypto IRA Providers 

When choosing a crypto IRA provider, investors should consider several factors. First, it is essential to verify the security measures implemented by the provider to protect investors’ digital assets. This includes measures such as cold storage, multi-factor authentication, and insurance coverage. Additionally, investors should evaluate the range of cryptocurrencies available for investment and the fees associated with managing the crypto IRA.  

Each provider offers different features and investment options, so investors should carefully compare the services and fees before making a decision. It is also advisable to seek professional advice from financial advisors or tax experts to ensure compliance with relevant regulations and maximize the benefits of a crypto IRA.  

Tax Implications of Investing in Crypto IRAs 

Investing in a crypto IRA can have significant tax advantages.  This means that  investors will not be taxed on the gains generated within the crypto IRA until they start withdrawing funds during retirement.    

However, it is essential to note that tax regulations surrounding cryptocurrencies are evolving and can vary from jurisdiction to jurisdiction. Therefore, investors should consult with tax professionals to ensure compliance and understand the tax implications of investing in a crypto IRA. By staying informed and proactive, investors can navigate the tax landscape and maximize their long-term gains.  

Choosing the Right Approach for Long-Term Gains in the Crypto Market 

In conclusion, navigating the crypto landscape requires careful consideration of investment strategies and opportunities. HODLing and active management represent two contrasting approaches to achieving long-term gains in the crypto market. HODLing offers simplicity and the potential for overall market growth, while active management provides the opportunity for higher returns through active trading.  

Furthermore, exploring the benefits of crypto IRAs can provide investors with additional options for long-term gains. Setting up a crypto retirement account allows investors to incorporate digital assets into their retirement portfolios, taking advantage of potential growth without immediate tax implications. However, it is crucial to choose a reputable crypto IRA provider and seek professional advice to ensure compliance and maximize the benefits of a crypto IRA.  

By carefully evaluating the pros and cons of each strategy and considering the benefits of crypto IRAs, investors can make informed decisions to navigate the crypto landscape successfully. Open an account at Bitcoin IRA and start your journey to long-term gains in the crypto market! 



Potential growth of an Ethereum IRA

The Benefits and Potential of an Ethereum IRA: Secure Your Future with Cryptocurrency

Cryptocurrency has become a popular investment option in recent years, with Bitcoin leading the way. However, Ethereum, another prominent cryptocurrency, is gaining significant attention for its potential growth and benefits. One unique way to invest in Ethereum is through an Ethereum IRA, which combines the advantages of cryptocurrency with the tax benefits of an Individual Retirement Account (IRA). In this article, we will explore the concept of an Ethereum IRA, its benefits, potential growth, and the steps to set it up. 

Understanding the concept of cryptocurrency IRAs 

A cryptocurrency IRA, also known as a crypto IRA, is an investment vehicle that allows individuals to hold digital currencies, such as Ethereum, within a tax-advantaged retirement account. Unlike traditional regular IRAs, which typically consist of stocks, bonds, or mutual funds, a crypto IRA gives investors the opportunity to diversify their portfolio by including digital assets. 

One of the main advantages of an Ethereum IRA is the potential for significant returns. As the value of Ethereum continues to rise, investors can benefit from the price appreciation of this cryptocurrency. Moreover, Ethereum offers unique features such as smart contracts and decentralized applications, which have the potential to revolutionize various industries. By investing in Ethereum through an IRA, individuals can tap into this potential growth while enjoying the tax advantages of an IRA. 

Benefits of investing in an Ethereum IRA 

 Investing in an Ethereum IRA offers several benefits that make it an attractive option for those looking to secure their financial future. Firstly, an Ethereum IRA allows for tax-free growth,  any growth in the value of Ethereum is tax-deferred until the funds are withdrawn during retirement. 

Secondly, an Ethereum IRA provides investors with diversification. By adding Ethereum to their retirement portfolio, individuals can balance their investments across different asset classes, reducing the risk associated with relying solely on traditional investments. This diversification can help protect their retirement savings from market volatility and economic uncertainties. 

Lastly, an Ethereum IRA offers a hedge against inflation. Cryptocurrencies like Ethereum are decentralized and not controlled by any central authority. This means that their value is not tied to government policies or economic conditions. As a result, investing in Ethereum can act as a safeguard against inflation, preserving the purchasing power of retirement savings over time. 

 How to set up an Ethereum IRA 

Setting up an Ethereum IRA is a straightforward process that can be completed with the help of a reputable cryptocurrency IRA company. Here are the general steps involved in creating an Ethereum IRA:  

  1. Research and choose a reputable cryptocurrency IRA provider: It is crucial to select a company that has a track record of providing secure and reliable services. Look for companies that offer robust security measures, competitive fees, and excellent customer support.
  2. Open an IRA account: Once you have chosen a cryptocurrency IRA provider, you will need to open an IRA account with them. This involves completing the necessary paperwork and providing the required identification documents. 
  3. Fund your IRA account: After opening the account, you will need to fund it with the desired amount of funds. This can be done through a rollover from an existing retirement account or by making a contribution directly to the account. 
  4. Purchase Ethereum: Once your IRA account is funded, you can instruct your cryptocurrency IRA provider to purchase Ethereum on your behalf. The purchased Ethereum will be held securely in your IRA account. 
  5. Monitor and manage your Ethereum IRA: As with any investment, it is essential to monitor the performance of your Ethereum IRA regularly. Stay informed about market trends, changes in regulations, and any updates from your cryptocurrency IRA provider.

Security measures for an Ethereum IRA 

 As with any investment involving digital assets, security is a paramount concern when it comes to an Ethereum IRA. Here are some security measures to consider:  

  1. Choose a reputable cryptocurrency IRA provider: Ensure that the company you choose has a strong track record in the industry and employs robust security measures to protect your assets. 
  2. Cold storage: Look for a cryptocurrency IRA provider that offers cold storage for your Ethereum. Cold storage keeps your private keys offline, making it less vulnerable to hacking or cyberattacks. 
  3. Two-factor authentication (2FA): Enable 2FA for your Ethereum IRA account to add an extra layer of security. This typically involves using a mobile app or receiving SMS codes to verify your identity during login. 
  4. Regularly update passwords: Create strong, unique passwords for your Ethereum IRA account and change them regularly. Avoid reusing passwords across different platforms to minimize the risk of unauthorized access. 

By following these security measures and staying vigilant, you can help ensure the safety of your Ethereum IRA investments.  

Potential growth of an Ethereum IRA 

The potential growth of an Ethereum IRA is a major factor that attracts investors to this investment vehicle. Ethereum has been gaining significant attention for its technological advancements and potential use cases across various industries. The Ethereum blockchain enables the creation of smart contracts, which are self-executing agreements that can automate processes and eliminate the need for intermediaries. 

This unique feature of Ethereum opens up opportunities for decentralized applications (dApps) and decentralized finance (DeFi). As more dApps and DeFi projects are developed on the Ethereum platform, the demand for Ether (the native cryptocurrency of Ethereum) is likely to increase, potentially driving up its value. 

Moreover, Ethereum’s scalability solution, Ethereum 2.0, is set to address the scalability issues currently faced by the network. This upgrade aims to improve transaction speed and reduce fees, making Ethereum more efficient and user-friendly. The successful implementation of Ethereum 2.0 could further enhance the growth potential of Ethereum IRA.  

Comparison between an Ethereum IRA and other crypto IRAs 

While an Ethereum IRA is a popular option for investing in digital assets, it is essential to compare it with other crypto IRAs to make an informed decision. A Bitcoin IRA is one of the most well-known alternatives to an Ethereum IRA. Bitcoin, being the first and most valuable cryptocurrency, has a proven track record and a large market capitalization. However, Ethereum offers unique features and potential growth opportunities that differentiate it from Bitcoin. 

When comparing an Ethereum IRA and a Bitcoin IRA, investors should consider factors such as the long-term growth potential, technological advancements, and the specific use cases of each cryptocurrency.  

Expert opinions and success stories of Ethereum IRA investors 

To gain further insights into the benefits and potential of an Ethereum IRA, it is valuable to consider expert opinions and success stories from Ethereum IRA investors. Many financial experts and cryptocurrency enthusiasts believe that Ethereum has the potential to outperform Bitcoin in terms of growth and technological advancements. The versatility of Ethereum’s smart contracts and decentralized applications has attracted developers and entrepreneurs from various industries. 

Success stories of Ethereum IRA investors highlight the significant returns and portfolio diversification achieved through this investment vehicle. These stories showcase how investing in Ethereum through an IRA can be a strategic and profitable move for securing one’s financial future.  

Is an Ethereum IRA a secure investment for your future? 

Investing in an Ethereum IRA can be a secure and potentially lucrative option for securing your financial future. The benefits of tax-free growth, portfolio diversification, and protection against inflation make an Ethereum IRA an attractive investment vehicle. By conducting thorough research, understanding the potential growth of Ethereum, and employing necessary security measures, investors can take advantage of the benefits of an Ethereum IRA. 

Always consult with a financial advisor and choose a reputable cryptocurrency IRA provider, to ensure a secure and successful investment journey. Bitcoin IRA is the world’s first and most trusted cryptocurrency IRA platform used by thousands of clients. Open an account to secure your future with an Ethereum IRA and embrace the potential of cryptocurrency as a valuable asset class for retirement planning. 

 Invest wisely and create a secure financial future with Bitcoin IRA! 


New opportunities for crypto because of Fitch's Downgrade

Understanding Fitch’s Downgrade: How it Can Create Opportunities for Crypto Investments

In the world of investments, credit ratings play a crucial role in determining the risk associated with various financial instruments. Fitch Ratings, one of the leading credit rating agencies, recently made headlines with its downgrade to US debt rating from the highest AAA rating to AA+. This downgrade has sent shockwaves through the investment community, leading many to question the reliability of traditional investments. However, this turn of events has also opened up new opportunities for those interested in exploring the world of cryptocurrencies. 

Understanding Credit Ratings and Agencies 

Credit ratings are assessments of the creditworthiness of individuals, companies, and even countries. They provide investors with an indication of the risk involved in lending money or investing in a particular entity. Credit rating agencies, such as Fitch Ratings, evaluate various factors like financial stability, debt levels, market trends to assign a rating to a particular investment option. These ratings range from AAA (high credit quality) to D (default). A downgrade occurs when an investment’s rating is lowered, indicating a higher level of risk.  

Fitch’s Downgrade and Its Impact on Traditional Investments 

Fitch’s recent downgrade has impacted several traditional investment options, including government bonds, corporate bonds, and even certain stocks. As a result, investors who relied heavily on these investments for stability and consistent returns are now faced with increased uncertainty. With lower credit ratings, these investments become less attractive to risk-averse investors, potentially leading to a decrease in demand and a subsequent decline in value.  

How Fitch’s Downgrade Can Create Opportunities for Crypto Investments 

While the downgrade may have shaken the traditional investment landscape, it has simultaneously created opportunities for those interested in cryptocurrencies. Cryptocurrencies, such as Bitcoin, have emerged as a viable alternative investment option that operates outside the traditional financial system. The decentralized nature of cryptocurrencies makes them immune to the downgrades faced by traditional investments. As a result, investors seeking to diversify their portfolios and explore new opportunities may find cryptocurrencies highly appealing. 

Exploring the Benefits of Investing in Cryptocurrencies 

Investing in cryptocurrencies offers several unique benefits that traditional investments often lack. Firstly, cryptocurrencies provide investors with the opportunity for significant returns, as their value can experience rapid growth in a short period. Additionally, cryptocurrencies offer increased liquidity, allowing investors to buy and sell their investments quickly and easily. Furthermore, cryptocurrencies operate on a global scale, providing investors with access to a broader market and potential for international growth. 

The Correlation Between Fitch’s Downgrade and Crypto Credit Scores 

In the wake of Fitch’s downgrade, the concept of crypto credit scores has gained prominence. Crypto credit scores evaluate an individual’s or entity’s creditworthiness specifically within the cryptocurrency ecosystem. These scores take into consideration factors such as transaction history, wallet activity, and overall reputation to assess an individual’s risk profile. As traditional investments face downgrades, crypto credit scores become increasingly important for investors seeking to allocate their funds into cryptocurrencies.  

Factors to Consider When Investing in Cryptocurrencies Post-Downgrade 

Investing in cryptocurrencies post-downgrade requires careful consideration of various factors. Firstly, investors should conduct thorough research and due diligence on the specific cryptocurrency they intend to invest in. Understanding the technology and market trends is essential. Additionally, investors should assess their investment goals to ensure that cryptocurrencies align with their overall investment strategy.   

Top Cryptocurrencies to Consider in a Post-Downgrade Market 

In a post-downgrade market, certain cryptocurrencies may present more promising investment opportunities than others. Bitcoin, the pioneer of cryptocurrencies, continues to be a strong contender due to its widespread adoption and its position as a store of value. Other cryptocurrencies such as Ethereum, Ripple, and Litecoin also show potential for growth and innovation. It is crucial for investors to stay informed about market trends and developments to make informed decisions regarding their cryptocurrency investments. 

Navigating Opportunities in a Changing Investment Landscape 

Fitch’s downgrade has undoubtedly disrupted the traditional investment landscape, leaving investors searching for alternative options. Cryptocurrencies have emerged as a potential solution, offering unique benefits and an opportunity to diversify portfolios. By staying informed and making informed decisions, investors can navigate the changing investment landscape and potentially capitalize on the opportunities presented by Fitch’s downgrade, furthermore it is also important to choose a trustworthy and experienced company such as BitcoinIRA to take advantage of the benefits of investing in Crypto. 

Portraits of speakers from BitcoinIRA, Digital Trust, and BitGo are displayed beneath the crypto security webinar title "Crypto Security: What Investors Need to Know

BitcoinIRA, Digital Trust, and BitGo Announce Educational Webinar on Crypto Security

Finance executives host a panel presenting key insights on crypto custody for investors in 2023

LOS ANGELES, April 14, 2023 —  BitcoinIRA, the world’s first and most trusted digital asset IRA technology platform, today announced an upcoming webinar titled “Crypto Security – What Investors Need to Know: A Conversation with BitGo, BitcoinIRA, and Digital Trust” held virtually on April 20, 2023, at 11 AM PT.

Attendees will have the opportunity to learn from experts in alternative and traditional asset custody as they discuss a savvy investor’s most crucial questions. The seasoned panel of financial executives has over 60 years of combined experience, and includes BitcoinIRA COO Rick Synrod, BitGo Director of Institutional Sales Steve Scott, and Maryann Bullion, Digital Trust General Counsel and CCO. Adam Sporn, U.S. Head of Institutional Sales at BitGo will moderate.

The panel will answer audience members’ questions and discuss:

  • Why holding your own keys is not a one-size-fits-all solution
  • Moving beyond self-custody, what qualified custodians can offer crypto investors
  • What we can learn from recent events (Three Arrows Capital, Celsius, FTX, and others) over the past 12 months

“Long-term cryptocurrency investors need custody solutions that not only protect their retirement savings, but also safeguard their assets with the most advanced technology on the market,” said Bullion. “This panel brings together BitGo, BitcoinIRA, and Digital Trust, partners who provide technology and custody services, to give investors new insights on this trending topic, including key factors to consider when looking at crypto security.”

“Digital asset investors today can choose custodial solutions that meet a wide range of unique needs and use cases,” explains Synrod. “The old adage ‘not your keys, not your coins’ can fall short because self-custody is not a one-size-fits-all solution, and it might not be a viable solution at all in some situations. Many prefer the practicality of storing their assets with a regulated, qualified custodian that offers cold storage custody and multi-signature wallet management.”

“BitGo, BitcoinIRA, and Digital Trust’s partnership sets the industry standard in multi-signature technology and security, offering investors peace of mind,” said Scott. “Recent events underscore the importance of security in the crypto industry, and this webinar will educate investors on the protection and insurance that regulated custody can provide. We are looking forward to addressing investor’s concerns and educating crypto enthusiasts on their options.”

For more information and to register for the webinar, please visit the webinar registration page.

About BitcoinIRA

BitcoinIRA, available at, is the world’s first and most trusted digital asset IRA technology platform that allows users to purchase cryptocurrencies* for their self-directed retirement accounts.

Users can set up a qualified digital asset IRA, transfer funds from an existing IRA custodian, execute self-trades in real-time 24/7 through a US-based exchange, and store funds in an industry-leading multi-signature digital wallet from BitGo.

Since its founding in 2016, BitcoinIRA has processed billions in transactions and has over 170,000 users with more than 3,500 5-star user reviews. The platform has been featured extensively in the media, with coverage in Forbes, CNBC, CoinDesk, and The Wall Street Journal, among other leading publications.

BitcoinIRA is a financial services technology provider, and as such, is not a financial adviser, cryptocurrency exchange, custodian, wallet provider, initial coin offering (ICO), or money transmitter. BitcoinIRA is privately funded and based in Las Vegas.

Learn more about BitcoinIRA at or call 866-333-4307.

*Cryptocurrencies are very speculative and involve a high degree of risk. See risk disclosures at

About Digital Trust

Digital Trust, the trust company for a digital era, offers a technology-driven approach to self-directed retirement accounts. Founded in 2021, the company delivers solutions for the custodial and financial services sector, including self-directed IRAs, checkbook IRAs, as well as support for investment assets ranging from cryptocurrency, real estate, precious metals, LLC, private equity, and other alternative assets.

Delivering digital custody solutions in an analog investment world, Digital Trust provides a straightforward approach to help individuals achieve their retirement goals. They’re evolving what it means to have a self-directed IRA, and believe in eliminating barriers and opening retirement possibilities through a wide range of asset and trust administration services. Digital Trust is a licensed trust custodian based in Las Vegas. For more information, please visit

About BitGo

BitGo provides the most secure and scalable wallet solutions for the digital asset economy, offering regulated custody, staking and trading, and core infrastructure to investors and builders alike. Founded in 2013 — the early days of crypto — BitGo pioneered the multi-signature wallet and later built TSS to improve upon other companies’ MPC offerings. Between multisig and MPC TSS, BitGo offers the safest technology on the market and safeguards over 700 tokens across a wide variety of blockchains. Over the years, BitGo has expanded from offering wallets into providing a full-suite solution that lets clients hold assets safely and then put them to work. BitGo launched BitGo Trust Company in 2018, providing fully regulated, qualified cold storage to complement BitGo Inc.’s hot wallet solution.

In 2020, BitGo launched BitGo Prime, which allows its clients to trade, borrow, and lend digital assets. Moreover, BitGo also provides access to DeFi, staking, NFT wallets, and beyond, and serves as the world’s sole custodian for WBTC (Wrapped Bitcoin). BitGo is the leader in digital asset security, custody, and liquidity, providing the operational backbone for more than 1,500 institutional clients in over 50 countries — a list that includes many regulated entities and the world’s top cryptocurrency exchanges and platforms. BitGo also processes approximately 20% of all global Bitcoin transactions by value. For more information, please visit

Media contact: [email protected]

: Bitcoin IRA Chief Operations Officer, Rick Synrod, is pictured with the caption “Crypto Custody Q&A.”

Crypto Markets, Custody & Security: Who You Trust Matters

BitcoinIRA’s Chief Operations Officer, Rick Synrod, offers his executive insights on today’s hot topics in cryptocurrency, from recent market turmoil to crypto custody and security. Synrod recaps what our industry can learn from last year’s events, and what investors should consider when deciding if and how to participate in the digital asset ecosystem going forward.

Why have crypto security and custody been in the spotlight recently?

2022 was a tumultuous year for financial markets with growth-oriented sectors like tech, emerging markets, and especially digital assets getting hit the hardest. Domestic and global macro environments faced significant challenges including record high inflation, rising interest rates, ongoing supply chain constraints left over from COVID-19 shutdowns, international political tensions, and global energy supply shortages resulting from the Ukraine-Russian war to name a few. While these headwinds had impacts across most asset classes, the digital asset ecosystem experienced several upheaval events of its own, including the major collapses of Terra (LUNA), Three Arrows Capital, Voyager, Celsius, and the once second-largest global exchange, FTX. However, these events, like the others before them, allow our industry to learn, grow, and adapt – spotlighting the importance of security, transparency, and the need for smart regulation.

The following quote from Rick Synrod is displayed on a blue background: "Recent events spotlight the importance of security, transparency, and the need for smart regulation."

How would you summarize 2022 for digital assets?

With the benefit of hindsight, it is easy to look back and proclaim that 2022 was both expected and necessary. Let me explain. If you would have told me at the beginning of last year that we would experience the collapse of a top 10 digital asset (LUNA), the downfall of such significant industry players as Three Arrows Capital, Voyager, BlockFi, and others, and the catastrophic collapse of one of the largest exchanges in the world, I would have told you that we should pack it all up and head home! However, looking back at what did unfold, we can begin to piece together what led to each of these events individually, as well as collectively. Setting aside fraud, as there appears to have been some elements of that intertwined, it is my belief that a lot of what happened last year was driven by a combination of lack of transparency, poor risk management, over-leverage, and general industry growing pains. Without diving deep into each of these, the summary takeaway is that 2022 taught us, and more importantly taught new entrants to our space, the right questions to ask, what answers to accept, and what our industry needs to address to truly achieve mass adoption. Also, the fact that the industry has survived the combination of these events in a single year tells me that the resilience of good actors, quality businesses, solid projects, and a belief in the future of finance far outweigh the impact of the inverse. As they say, “what doesn’t kill you, makes you stronger” – I do not think that could be any more applicable to our space.

What were some of the lessons learned for crypto investing last year?

For one, most people do not go through their daily lives thinking about “counterparty risk” – which is a term we use in finance to describe the risks inherent in working with, storing, accessing, executing, or otherwise being exposed in some way to another party in a financial transaction. In the realm of digital assets, counterparty risk is extremely important to understand, as was made exceedingly clear in many of the events that unfolded in 2022. The learnings that came out of the past 12 months are that ordinary investors are now increasingly starting to ask deeper questions about how assets are stored, if and how assets are lent, asset reserves, and look-throughs into contractual terms to better understand their counterparty risk.

Using FTX as an example, a lot of investors unknowingly exposed themselves to increased risk, simply by keeping their assets on the exchange. What investors learned in the wake of FTX’s collapse was how to better understand who controls their assets, how they are held, if they are backed one-to-one, and the important differences between holding assets on an exchange vs. a true custodial solution. For many people that have been in the industry for several years, conducting one’s own research becomes second nature. However, for some newcomers, these concepts are sometimes lessons learned. We have more work to do to help educate our industry, and 2022 will be a great teacher.

Is self-custody the only option for digital assets?

While this industry was born from the ideas of self-sovereignty, direct ownership, and individual financial control, concepts referred to collectively as “self-custody,” the reality is that it may not always be feasible or practical for every person or entity to self-custody their digital assets. For instance, there are specific laws and regulations that dictate what various account types, institutions, and corporations can and can’t hold, and how and where they must hold certain types of assets. For others, the ease and practicality of storing their assets with a transparent, regulated, qualified custodian that they can trust gives them much more comfort. Regardless of the reason, self-custody is not a one-size-fits-all solution, and it might not be a viable solution at all in certain situations.

The adage not your keys, not your coins is often thrown around after events like those we experienced in 2022 to reinforce the ideology of self-custody. Unfortunately, it falls short in helping to better educate would-be investors that there are custodial solutions that meet a wide range of unique needs and use cases. While it is a great tag line, we would do better in helping to further advance the adoption of our industry by explaining the various types of custodial solutions and how to choose the best type of custody for an individual’s specific application.

The following quote from Rick Synrod is displayed on a blue background: "Self-custody is not a one-size-fits-all solution, and it might not be a viable solution at all in certain situations."

How does BitcoinIRA think about custody and who you use as service providers?

Providing access to digital assets within our clients’ self-directed IRAs means that we must take the safety and security* of client assets seriously. Therefore, it goes without saying that this is by far our top priority.

Internally, we have robust operational controls, alongside a stringent risk-management framework that guides our business and decision making. BitcoinIRA’s dynamic team combines digital asset expertise, forward-thinking technology and application development, IRA domain knowledge, and legal and regulatory compliance, all working in tandem to provide industry-leading service while ensuring the protection of our clients and their assets every day. Fortunately, our team and processes are structured such that they kept us unexposed to the parties involved in the meltdowns we saw in 2022.

Separately, we are proud that BitGo serves as our primary digital asset custodian – offering safe and secure multi-signature wallet management within a fully regulated, qualified institutional cold storage custody solution. BitGo is the leader in digital asset security and custody, providing the operational backbone for more than 1,500 institutional clients in over 50 countries. BitGo also processes approximately 20% of all global Bitcoin transactions by value. We have a tremendous partnership with the BitGo team, and they continue to set the standard for institutional grade, qualified custody.

What do you think will change going forward for crypto regulation?

As I mentioned before, a lot can be, and already has been, learned from the past 12 months. I think I can say with a high degree of confidence that we are collectively smarter as an industry having gone through this past year. I do, however, think much will continue to evolve.

For one, the collective industry should expect some form of regulatory clarity given to the space. For a while, the industry has sought, even begged, for a regulatory framework for which to operate successfully; the lack of which has led to many projects and providers going overseas, out of the purview of domestic regulation. Given what happened with FTX, we expect there will be increased pressure for regulators to implement appropriate rules and guidelines to enable industry providers and participants to operate successfully and without fear of being offsides.

In addition to regulation, I believe the industry will expect more transparency from centralized providers. Already we have seen the adoption of improved “proof-of-reserves” reporting, independent auditing, and a retraction of improper lending practices. These alone do not solve or prevent issues of the past, but they are a meaningful start to a more transparent ecosystem.

Lastly, as aforementioned, I think we will begin to see better due diligence and harder questions asked of our industry. With learning comes understanding, and with better understanding comes better questions. Investors will begin to seek more clarity on where and to whom leverage is given and where there is the greatest risk of exposure. Looking back at some of the events of last year, even as early as the summer, on places like Twitter, people were asking questions about some of the moves happening between the companies that ended up having issues. They just did not know what they were seeing or the right questions to ask. I think that changes going forward. The industry will demand more transparency of significant players, or they will not be significant for long.

The following quote from Rick Synrod is displayed on an orange background: "Bitcoin IRA's team provides industry-leading service while ensuring the protection of our clients and their assets every day."

What are you looking forward to most in 2023 for digital assets?

Despite price depression, which holds true across asset classes, I am deeply encouraged by the amount of continued development across the entire digital asset ecosystem. From the growth and adoption of Bitcoin’s Lightning Network, to Ethereum’s anticipated upgrades and Shanghai implementation, other layer 1’s like Cardano making significant protocol improvements and building more smart contract capabilities, to the Decentralized Finance (DeFi) space continuing to gain market share of the overall trading volume from centralized exchanges… to me, all of these are signs that the industry isn’t going anywhere. Over the past three years, there have been significant investments in infrastructure making it exponentially easier for new project developers to enter the space. This will give rise to new applications aiming to solve every-day financial friction. I believe we will continue to see incremental movement towards wide-scale adoption of digital finance.

On a macro level, it appears we are starting to see some signs of easing pressure within our economy. The rampant inflation from the past 24 months seems to be subsiding which could lead to, at a minimum, a slowing of rising interest rates. If this proves true, we could see a boon to risk-on assets again, including Bitcoin and other digital assets. We will monitor how the data plays out over the first few months of the year which should be telling for how 2023 will shape up.

Separately, we are hopeful the worst of the contagion impacts within the digital asset ecosystem from 2022 are behind us. Moreover, we are encouraged by the strength and resilience of those still standing. There is a thriving crypto infrastructure ready to take on tomorrow’s challenges, leaving yesterday in the past. We are also a year away from the next Bitcoin halving – that always gives us something to look forward to, while we HODL!

*Cryptocurrencies are very speculative and involve a high degree of risk. See risk disclosures at

Bitcoin is stored inside a safe.

Beyond Self Custody: Keeping Your Crypto Safe and Secure

Self custody is foundational to cryptocurrency, but is it for everyone? The term refers to the holding of cryptocurrency in a wallet controlled only by its owner via private keys, and has often historically been regarded as ideal security. To many, it represents freedom and individual sovereignty, which are founding principles of the original Bitcoin technology itself. 

Despite this, widespread use of crypto may not arrive on these principles alone. They will always be important and welcome, yes. But convenience, ease of use, and ability to seamlessly transact are more likely to draw in your grandparents, or buddies from college, to participate. Of course, the significant potential for outsized returns tends to help attract newcomers too. 

Thankfully, a number of solutions have emerged through the years that combine the best of both worlds, blending institutional-grade custody services with certain perks of holding your own keys.  

A perhaps unforeseen (but useful) side effect of the FTX debacle has been that those left standing have been vindicated as among the most reliable. Among them is BitGo Trust Company, Inc., through which BitcoinIRA stores user assets safely, in cold storage*, as they await your retirement. We’ll discuss more on that later. 

For now, let’s explore some of the perceived limits of self-custody, how to move beyond it without abandoning it, and the types of solutions that would ultimately best suit the average person. 

Not Everyone Wants to Be Their Own Bank 

It may not be obvious to cryptography and privacy advocates, or the particularly liberty-minded, but not all would-be crypto users want to “be their own bank,” a phrase colloquially used to describe self custody. After all, if someone attempts to rob your bank, what physical harm does it bring to you? Typically, none whatsoever. And while there are admittedly myriad tales of user funds being made inaccessible by banks, many rest easy with the idea that the U.S. government, via the FDIC, is insuring most bank accounts for up to $250K in coverage. 

Conversely, if you are you are your own bank, and someone tries to rob you, what happens? Well, you may be harmed, and the perpetrator’s success isn’t as difficult to accomplish as people think. The savviest of crypto users sometimes advise memorizing one’s own private keys to transcend all manner of borders, regulations, limitations, and the like. But if your keys are memorized, they are theoretically only one proverbial wrench away from falling into the wrong hands.  

Meanwhile, if you choose not to memorize them, you are again trusting something, be it a safe, piece of paper, metal plate, or online cloud storage, to remember your keys. It is up to the individual to decide whether these things are more- or less-reliable than a bank, custodian, or people, but for many, investing with a qualified custodian provides a trusted solution for safeguarding your digital assets. Here are some ways to choose between self custody and a qualified custodian: 

  • Decide whether you’re comfortable storing your own keys 
  • Research qualified custodians that offer cold storage, back up keys, and insure funds
  • Choose a solution that provides accessibility and practicality 

How BitcoinIRA Keeps Crypto Secure & Safe with BitGo 

When it comes to saving for retirement, security concerns are arguably amplified. Cryptocurrency is new, but established retirement vehicles are not, and while centralized, they’ve proven their effectiveness. Choosing a secure crypto custodian for retirement, then, requires certain considerations. 

Ironically, some of the top capabilities to look for are those that would best improve a self custody setup as well. Custodians that offer cold-storage wallets, top encryption technology, and multi-signature security (meaning two or more keyholders must sign transactions before they’re executed), are preferred, but there’s more to it than that. It’s also critical to secure your crypto with a regulated trust company, required to never comingle customer funds, always back up keys, insure* digital assets, and importantly, be verifiably able to return funds even if the custodian faced bankruptcy.  

The good news is, BitcoinIRA’s exclusive partner BitGo satisfies these requirements and more, and as has accurately been pointed out, not all custody is created equal. Notably, none of the major crypto collapses of the past year, be it Terra Luna or FTX, were qualified trusts complying with stringent regulatory standards. Instead, they were unaccountable exchanges, trading platforms, or DeFi run amok (not to be confused to with “true” DeFi, considered by many to be best-served immutably). For more on security and maximizing peace of mind, check out how to secure crypto in your retirement account, or head over to BitGo’s blog and learn why they’re trusted by some of the largest brands in the world. 

*Security, storage, wallet providers, and insurance may vary based on asset chosen and custody solution available.