Recent content by Butcher82

Bitcoin ETF

I am just looking at the charts. the rise is 100+% in the last 24 years, so you can make 4-5% pa in USD just holding CHF. AUD and CAD are also rising to USD but not as much. Might put some funds there too.

ok, so under 1.5m one just stacks cash in the pillow? I will spread it even if I have spare 50 bucks left per month. Just my personal way. working on that too :)

what is "broke" for you? :D I don't care about problems, I want money back. In sw bank they are backed by sw government. https://www.dukascopy.bank/swiss/fees-limits/

Because CHF is a very strong currency and swiss banks are strong. which route is better? :) Not going to take those kind of banks, at D (not to promote) it is 15 CHF per card and free maintenance.

I think governments just use people as another resourse, just as oil or grain or else. They need us to work and pay taxes, so the government machine works, we feed the monster, otherwise it will bite. :) As for the money, I just understood from life experience it needs to be diversified to the...

I am now dealing with cash only in this particular case. I got some other assets elsewhere. Don't want to put more fiat into gold or else than my personal strategy limits. There were a couple of cases when I used those state guarantees, so... it is better to have them than not to have them.

Thanks but I want a guaranteed by state deposit. I am not sure if wise does that. I hold a bit of chf on revolut though but would rather transfer to Swiss institution.

Because I want to keep funds in CHF in Switzerland for diversification. Have some other currencies in other places already. Just a savings account. Ducascopy claims they do saving accounts on their website. I want to deposit in range of guaranteed by state amount.

Nope. As I understand, if you are a resident, you can open an acc in ANY bank there with no problems. Going to check that Post Finance, looks like an option, thanks! Never seen that before, gonna check it out! :rolleyes:

Yes, that's what I am saying. If 70-90% of the balance sits in cash, they might ask questions. Would be happy to open an acc in one of their "cantonal banks" which are the best, but as I said, don't have few mils to throw in at the moment :) So the choice is short unfortunately. Looks like...

Thanks, I wrote them, called them few times, applied online... no word, no sound, they probably don't need any new customers or something. Yes, I got swissquote account where I trade a little bit, though the fees are crazy. But if I just put CHF there and don't trade, won't they create problems...

Hello guys. Don't have 1 million or 3 millions CHF to open up a normal account in Switzerland at the moment. :) But there are places like Ducascopy bank for example. Looks like an account up to 100 000 CHF is guaranteed there. So I am thinking to open up an account there and maybe some other...

wow, I didn't know that, thanks pal!

Thanks, will try them out next week. What;s that please? This one? Crypto Business Account | Tap But do they have Sort codes for GBP accs? I see they have IBANs. PP only wants sort codes for UK accounts.