CRYPTO MYTH: “My SMSF cannot invest in crypto”
If you have a self managed super fund, there are no laws preventing an SMSF from investing in cryptocurrency.
But keep in mind that if you are going to do this –
Can you put a hundred percent of super in cryptocurrency?
Keep in mind that cryptocurrency is very high risk. Your investment strategy needs to include considerations for an appetite to risk and it may be way too high risk to have a hundred percent on there. That doesn’t mean there’s any legislation stopping you doing that.
Watch the full webinar, ‘Cryptocurrency Tax Masterclass’ at https://fb.watch/acHFQ4OHBc/
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