Investing in cryptocurrencies is becoming increasingly popular as one of the many ways to build financial freedom for the future. Whether you’re just starting to invest or already have experience, it’s never too early to think about your retirement. Even if you work for an employer who deducts a fixed amount each month to invest in a pension fund, it’s important to also consider saving for an additional pension yourself. Did you know that if you start early, you can accumulate a significant extra supplement, so that life after retirement can be the same or even better than it is now?
Why choose crypto?
The world of crypto is still relatively unknown to many people. When you invest in regular stocks, you are actually investing in a company with underlying value, but this is not always the case with cryptocurrencies. Therefore, it’s not surprising that not everyone thinks of crypto immediately. Another way to secure a pension is to invest in commercial real estate as an individual, generating extra income through rental income and, of course, the appreciation of the property itself. The reason why investing in crypto is a good complement to this is that it is still in its infancy and is considered by many to be a potential new form of payment. Whether this is actually the case with the coins currently on the market is still a question, but one thing is for sure: the technology is something we need to keep an eye on.
Risk Diversification
As an investor, you know better than anyone how important it is to diversify your risks. By investing not only in stocks or real estate but also in crypto, you ensure that you are betting on multiple horses. Often, we see that when one sector is performing poorly, others are doing better. For example, it is not uncommon to see people revert to gold as a safe haven during global unrest, driving the price up. Thus, it is crucial to ensure a good diversification in your investments and also to maintain a simple buffer in your savings account. You certainly do not want to be in a position where you are forced to sell stocks or crypto in the event of a market downturn just to pay your bills.
Entrepreneurs are responsible for their own pensions
If you are an entrepreneur, you are well aware of how important it is to save for your retirement. By setting aside money from the very beginning, you’ll notice that you can build up a substantial wealth over time. It’s important, however, to know what you’re doing. As an entrepreneur, you also know that it’s wiser to engage in smart business banking and to lease or finance as much as possible through loans or mortgages. This has various advantages, including a positive effect on your liquidity and, of course, significant tax benefits. This ensures that you can use your own money for things like inventory or personnel, enabling your business to grow even faster.
Knaken Cryptohandel B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB supervises Knaken Cryptohandel B.V.'s compliance with the Money Laundering and Terrorist Financing (Prevention) Act and the Sanctions Act 1977. Knaken Cryptohandel B.V. is not subject to prudential supervision by DNB or conduct supervision by the AFM. This means that there is no supervision of financial requirements or business risks and there is no specific financial consumer protection.
Investing in crypto-related products involves significant risks.
