How To Use SSAS Pensions To Tap Into Crypto Opportunities

Many people invest their SSAS pension funds in traditional markets, but tech-driven alternatives like blockchain and crypto are becoming more popular. These options offer exciting opportunities like higher potential returns and liquid markets. Blockchain and crypto could be smart choices for SSAS members looking to grow their investments.

Why Invest SSAS Pensions in Alternative Markets

Since 1973, the Small Self-Administered Schemes (SSAS) pensions have helped millions of retirees plan a life after work and live a healthy life. Today, the focus is shifting from commercial property, shares, and business loans to new alternatives such as crypto and blockchain. Investing your SSAS Pensions to grow your retirement fund offers these key benefits:

● Unlock new markets: Compared to traditional markets like real estate, modern markets like the crypto market, for example, have a faster growth rate. The blockchain/crypto industry is now worth trillions in under two decades. SSAS members can explore the opportunities in these new markets, such as getting profitable positions before they launch new products and services.   ● Increased flexibility: Diversifying from traditional investments allows SSAS members to control their finances more freely. This can help you find more investments and organise your portfolio to explore them.   ● Potential for Higher Returns: Exploring new markets can unlock higher profits in the long run. For example, Bitcoin hit an all-time high price of $108,786, marking a 128,341.20% profit from launch. This is more than many traditional investments offer within the same period.   ● Leverage New Technologies With Immense Potential: Analysts project tech-driven markets to dominate the global investment markets soon. These will allow users to find and leverage incredibly efficient tools at scale. Investing your SSAS in these markets can help you find and deploy technologies that enhance other areas of your life.

Let’s now get more specific: what are the opportunities to explore in the blockchain and crypto space?

Opportunities in Blockchain Startups and Crypto Projects

With more institutional investors stepping into the blockchain and crypto world, the future of adoption looks promising. The extensive application of blockchain across industries means builders and early adopters can make the best returns as adoption increases. These are some of the fast-growing opportunities for investment in blockchain and crypto.

Infrastructure Development

Building the infrastructure that allows blockchains to run is another excellent opportunity for investing in blockchain. Startups focus on physical infrastructure, building the components and systems that support advanced software. These include data centres, mining hardware, cloud services, software, etc. Others focus on regulatory and legal compliance, allowing crypto projects to run smoothly.

Supply Chain Management

Blockchain enhances transparency and traceability in supply chains, making management more effortless. With blockchain, companies can reduce fraud, improve efficiency, and rapidly scale their services. Blockchain startups focused on supply chain management include Origin Trail and VeChain. These companies use decentralised data to build knowledge, maintain inventories, monitor changes, and ensure fast and secure transitions.

Healthcare

Adopting blockchain technology in healthcare will enhance healthcare delivery and access to high-quality service. Although it is still growing, many startups are focused on building private blockchains for healthcare facilities to share and securely store data. This also covers the use of blockchain in medical sciences, where researchers use it to improve the integrity and transparency of research.

Financial Services and Decentralized Finance (DeFi)

As expected, blockchain and crypto significantly impact the financial sector, influencing new products and services. In DeFi, opportunities abound for you to earn profits from staking, yield farming, and other methods. DeFi also allows greater control over your assets so you can make decisions without third-party interference. Investment opportunities in these areas include building the tools and apps that power the ecosystem and exploring opportunities to earn tokens.

Crypto Trading

You can explore crypto trading through spot, futures, and derivatives to grow your portfolio. The crypto market has a huge daily volume, with traders from every corner of the world. It offers a secure and convenient way to invest in SSAS pensions to buy and hold tokens. Trading cryptocurrencies requires knowledge of technical and fundamental analyses, a trading plan, and good financial management.

How to Invest SSAS Pensions

Although investing is straightforward, you should consider a few things before going all in.

● Regulatory Compliance: The platform you invest/trade with should comply with regulations. Knowing you are doing business with a legitimate and secure platform will help you feel confident.   ● Expertise and Professional Guidance: Seek professional advice where necessary, especially when moving your SSAS pension and onboarding on your investment platform. Understand the processes involved and gain clarity with each step before moving on. Ensure all related documents are updated and available for use.

● Do your due diligence: Confirm the capability of your investment platform, including its track record, terms and conditions. Research each investment before opening a position; for example, keep track of Bitcoin news to know why the price changes and how you can invest.   ● Plan Your Investment: Successful investors work with a plan and adjust it where necessary. You should create a plan detailing how to invest your SSAS pension. Your plan should include proper risk management strategies, clear and defined rules, and exit points. Remember that your portfolio should include a mix of assets that spread risk and maximise profits.

Keep a Close Watch

Investing your pension funds can increase the quality of your retirement years through careful planning and execution. Investing in the blockchain and crypto market is a modern option if you prefer non-traditional markets with high performance and returns. The ease of investing from your smartphone or laptop is only surpassed by the convenience of receiving potential profits from anywhere globally. Yet, in making this decision, ensure you keep a close watch and do your due diligence when investing in emerging technologies.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.