Is a Bitcoin IRA Right for You?

Digital currencies such as bitcoin have surged in popularity in recent years, and many people are buying them with the intention of holding for the long run, hoping for further price appreciation. For long-term investors, it is possible to invest in bitcoin and other digital currencies through individual retirement accounts, or IRAs, which have several benefits over simply buying digital currencies on a bitcoin exchange.

Here's an introduction to digital IRAs, the broader category of self-directed IRAs, and reasons you might want to use (or not use) an IRA to invest in digital currencies.

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Source: Fool.com