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:
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.
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.
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.