#113 - Tired of High Tax Bills? Bitcoin Could Be the Answer! 💸 ₿

Join Matthew's Crypto Collective community for FREE and kickstart

your crypto journey! How to retire early & wealthy, how to navigate

crypto, how to convert your Super to Bitcoin and expert strategies from a

multi 7-figure investor:

👉 https://www.skool.com/matthewfraser

In this episode of Crypto Collective, host Matthew Fraser welcomes Simon Ho, the SMSF Head at Coinstash, to discuss the intricacies of self-managed super funds (SMSFs) and their role in cryptocurrency investment.

Simon shares insights on the challenges of finding knowledgeable financial advisors in the crypto space and the importance of understanding the legal and tax implications of incorporating crypto into an SMSF. The conversation also touches on the pressing topic of unrealized capital gains tax, making this episode a must-listen for anyone looking to navigate the evolving landscape of crypto investments and retirement savings.

Disclaimer:

This video is for general information and educational purposes only. It is not financial, legal or tax advice. Neither Matthew, Simon nor Coinstash holds an AFSL, and none of them is providing financial product advice. Simon is sharing personal views only and is not recommending or endorsing any financial products or strategies. Nothing in this video considers your personal circumstances. Always seek advice from a licensed professional before making financial decisions, especially regarding SMSFs or crypto.

👉 COINSTASH: #1 Australian Crypto Exchange for your SMSF

Sick of your super sitting in stale shares and managed funds? With

Coinstash, you can take control of your SMSF and invest directly into

crypto.

Get $100 free Bitcoin when you open a new SMSF account:

👉 https://coinstash.com.au/auth/signup?a=cryptocollective

👉 COINSTASH: #1 Australian Crypto Exchange for personal use

Just getting started? Open a personal Coinstash account, make your first

deposit, and you’ll get $20 in Bitcoin to kick things off.

👉 https://coinstash.com.au/auth/signup?a=cryptocollective

👉 𝗣𝗥𝗢𝗧𝗘𝗖𝗧 𝗬𝗢𝗨𝗥 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 - 𝗙𝗥𝗘𝗘 𝗖𝗢𝗡𝗦𝗨𝗟𝗧𝗔𝗧𝗜𝗢𝗡!

Stop worrying about the security of your Bitcoin and let the cyber

security experts, The Bitcoin Way, take the stress away.

Book a free 30-minute consultation here:

👉 https://bit.ly/TheBitcoinWay-Schedule-a-Call

👉 𝗪𝗢𝗥𝗞 𝗪𝗜𝗧𝗛 𝗨𝗦. Collabs, sponsorships, and cool stuff, hit us up at:

[email protected]

Avoid fakes- Follow the ‘real’ Matthew Fraser:

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

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

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

https://x.com/MatthewFra87388

https://bit.ly/MatthewFraserLinkedIn

Follow Simon:

https://www.linkedin.com/in/simonhocs/

Timestamps:

00:00:00 - Introduction

00:00:33 - Host Introduction and Guest Welcome

00:01:46 - Benefit of professional advice on SMSFs

00:02:26 - Cryptocurrency Exposure in SMSFs

00:03:13 - Long-term Investment Strategy with Bitcoin in SMSFs

00:04:15 - Volatility and Long-term Holding in SMSFs

00:05:15 - Trading Bitcoin within SMSFs

00:06:21 - Risks of Trading and Long-term Holding Benefits

00:07:18 - Bitcoin Exposure in Superannuation

00:08:07 - Combining Industry Super Funds and SMSFs

00:09:35 - Typical Journey to Bitcoin Investment in SMSFs

00:10:58 - Financial Pressures and Superannuation as a Capital Source

00:11:44 - Importance of Insurance in SMSFs

00:12:47 - Professional Advice and Administration in SMSFs

00:13:41 - Challenges with Financial Advisors and Accountants

00:14:57 - Education and Self-learning in Cryptocurrency Investment

00:16:03 - Personal Journey and Distrust in Financial System

00:18:22 - Financial Advisor Limitations and Self-education