Crypto Collective

# 095 - He has 5 Bitcoin in his SMSF Crypto Q&A ๐Ÿ’ฐ๐Ÿ“ฒ


Listen Later

Join Matthew's community for FREE and kickstart your crypto journey! Access the Crypto Kickstart Mini Course and expert strategies from a multi 7-figure investor: https://www.skool.com/matthewfraser

In this episode of Crypto Collective, host Matthew Fraser dives into the world of self-managed super funds (SMSFs) and their potential for investing in altcoins. He addresses common misconceptions about Bitcoin and shares his perspective on finding financial success through cryptocurrency. Matthew emphasizes the importance of being proactive about retirement savings, as many people underestimate their future financial needs. He encourages listeners to consider alternative investment strategies to build real wealth and prepare for a comfortable retirement.

๐Ÿ”ฅ ๐—•๐—˜๐—ฆ๐—ง ๐—”๐—จ๐—ฆ๐—ง๐—ฅ๐—”๐—Ÿ๐—œ๐—”๐—ก ๐—–๐—ฅ๐—ฌ๐—ฃ๐—ง๐—ข ๐—˜๐—ซ๐—–๐—›๐—”๐—ก๐—š๐—˜ - ๐—–๐—Ÿ๐—”๐—œ๐—  $๐Ÿฎ๐Ÿฌ ๐—œ๐—ก ๐—•๐—œ๐—ง๐—–๐—ข๐—œ๐—ก!

I'm a big fan of SwyftX, sign up and get $20 in Bitcoin after verification (redeem it in the rewards section). Trade smarter with one of Australiaโ€™s top crypto platforms. ๐Ÿ‘‰ Claim your BTC now: https://trade.swyftx.com/register/?ref=fraser&promoRef=fraser_btc20


๐Ÿ”’ ๐—ฃ๐—ฅ๐—ข๐—ง๐—˜๐—–๐—ง ๐—ฌ๐—ข๐—จ๐—ฅ ๐—•๐—œ๐—ง๐—–๐—ข๐—œ๐—ก - ๐—™๐—ฅ๐—˜๐—˜ ๐—–๐—ข๐—ก๐—ฆ๐—จ๐—Ÿ๐—ง๐—”๐—ง๐—œ๐—ข๐—ก!

Stop worrying about the security of your Bitcoin. Book a free 30-minute consultation with The Bitcoin Way and secure your assets like a pro. ๐Ÿ‘‰ Book your call here: https://www.thebitcoinway.com/partner/matthew-fraser


๐Ÿ’ฐ ๐—ก๐—˜๐—ฉ๐—˜๐—ฅ ๐—ฆ๐—˜๐—Ÿ๐—Ÿ ๐—ฌ๐—ข๐—จ๐—ฅ ๐—•๐—œ๐—ง๐—–๐—ข๐—œ๐—ก - ๐—•๐—ข๐—ฅ๐—ฅ๐—ข๐—ช ๐—”๐—š๐—”๐—œ๐—ก๐—ฆ๐—ง ๐—œ๐—ง!

Keep your Bitcoin and access cash through Block Earner. Borrow without selling your holdings: https://blockearner.com.au/referral/?kid=1ZKBZE


Follow Matthew:

https://www.instagram.com/immatthewfraser/

https://www.tiktok.com/@immatthewfraser

https://www.facebook.com/immatthewfraser/


Timestamps:

00:00:00 - Introduction

00:01:04 - Introduction to Self-Managed Super Funds

00:01:45 - Building Wealth for Retirement

00:02:27 - Setting Up a Self-Managed Super Fund

00:03:19 - Investing in Altcoins vs. Bitcoin

00:05:28 - The Risks of Altcoins

00:07:04 - Setting Up the Legal Entity for SMSF

00:08:38 - Choosing the Right Bank for Your SMSF

00:10:41 - Challenges with Bank Transfers to Exchanges

00:12:21 - Understanding Scams and Bank Policies

00:15:41 - Advantages of Bitcoin in SMSF vs. Traditional Assets

00:17:59 - Common Mistakes in Crypto Investment via SMSF

00:22:07 - The Importance of a Long-Term Strategy

00:23:10 - Bitcoin Halving Cycles and Market Trends

00:24:57 - Tools and Platforms for Managing Crypto Investments

00:26:11 - Tax Reporting and Compliance for SMSF

...more
View all episodesView all episodes
Download on the App Store

Crypto CollectiveBy Matthew Fraser