Being a high earning family, Tom & Diana were looking for stability for their capital and a way to diversify their risk against their existing investment portfolio. After discussion with their NGS account representative, they came to the decision that the best way to invest would be using their superannuation (via an SMSF). Opting to invest in a ‘Sun’ package, their initial investment was $278,000.
After setting up their account in August 2020, Tom & Diana were able to capitalise on the rise in BTC price, issuing their first withdrawal 6 months later for approximately $43,600.
Since then, in just under 12-months, they’ve been able to generate an approximate gain of $62,500 – giving them a 22.49% return on investment in under a year.
While this was just their first IMA, we hope that Tom & Diana will continue to see fantastic returns, and we have greatly appreciated their trust in partnering with us.
|First Agreement||August 2020|
|Current Balance||0.49347415 BTC|
|Current Approx. Balance||$15,656.36|
|Total Rewards||1.7468779 BTC|
Case Study Disclaimer:
The information in this case study is for educational purposes and is general information only. It should not be taken as constituting financial advice from the website owner – NGS Crypto (NGS Crypto PTY LTD). Past performance is not a reliable indication of future performance. NGS Crypto is a technology company and we always recommend that you do your own research and seek relevant independent legal, financial, taxation or other advice to see how this case study and information relates to your unique circumstances. NGS Crypto is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this case study. All names, photos or other identifying information has been altered to protect clients’ identities and privacy and therefore, will not be accurate, factual or correct. All clients current account balances have been calculated based on a Bitcoin (BTC) price of $31,726.80 USD, as calculated on 19/07/2021. All clients’ account withdrawals have been based on the ‘Close’ price of Bitcoin, in USD (US Dollar), from information provided by Yahoo Finance (finance.yahoo.com). As this information is provided by a 3rd party source, it is taken in good faith, however, should not be taken as factual nor relied upon for complete accuracy of results, returns or profit.
All data and calculations have been based on client’s commencement dates, and client withdrawals, as accessed through the NGS Crypto client portal and may not represent actual returns retained by the client. Though all data has been gathered, calculated and presented to be as accurate and factual as possible, it is subject to many factors that are not discussed in this article that may affect the clients’ actual results or returns. This may include, but is not limited to; exchange rates [including the value of Bitcoin (BTC) & the value of the US dollar (USD)], network or transaction fees, taxation, the client’s ability to process transactions, whether the gains were realised by the client once they were withdrawn from their NGS Crypto wallet, and other such anomalies that were not known or disclosed to NGS Crypto. Though the information in this case study is presented in good faith, to be as accurate and factual as possible, NGS Crypto PTY LTD cannot guarantee the accuracy of the information presented. As such, NGS Crypto PTY LTD presents this information as educational and general in nature, and does not recommend relying on any of the information presented to be factual, accurate or correct.