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

14/03/2025 28 min Episodio 95
# 095 - He has 5 Bitcoin in his SMSF Crypto Q&A ๐Ÿ’ฐ๐Ÿ“ฒ

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

Episode Synopsis

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/matthewfraserIn 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_btc20๐Ÿ”’ 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-fraser๐Ÿ’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/@immatthewfraserhttps://www.facebook.com/immatthewfraser/Timestamps:00:00:00 - Introduction00:01:04 - Introduction to Self-Managed Super Funds00:01:45 - Building Wealth for Retirement00:02:27 - Setting Up a Self-Managed Super Fund00:03:19 - Investing in Altcoins vs. Bitcoin00:05:28 - The Risks of Altcoins00:07:04 - Setting Up the Legal Entity for SMSF00:08:38 - Choosing the Right Bank for Your SMSF00:10:41 - Challenges with Bank Transfers to Exchanges00:12:21 - Understanding Scams and Bank Policies00:15:41 - Advantages of Bitcoin in SMSF vs. Traditional Assets00:17:59 - Common Mistakes in Crypto Investment via SMSF00:22:07 - The Importance of a Long-Term Strategy00:23:10 - Bitcoin Halving Cycles and Market Trends00:24:57 - Tools and Platforms for Managing Crypto Investments00:26:11 - Tax Reporting and Compliance for SMSF