Recent content by Frankie

  1. Frankie

    The inverted pyramid business trap

    100% agree. I know many people who run such businesses - extremely risky. One client suddenly stops working with you (or just goes out of business) and you're doomed.
  2. Frankie

    Trump Says Will Sell 'Gold' Residency Permits For $5 Million

    If Trump sells even 10 such residencies I will be extremely surprised. Any decision by Trump that is not LEGISLATED (yes I know, it's a word you don't hear much in the Trump context) will just be overturned the moment a Democrat enters the White House - and it can happen sooner than people think.
  3. Frankie

    Your opinion on Afrasia Bank (Mauritius)

    I don't use them but I've heard only positive things. As to maximum amount you would keep with them? I wouldn't keep cash in ANY bank. Keep the minimal amount you need for transactions and put the rest in either investments or in treasuries so they are ring-fenced away from the bank's...
  4. Frankie

    Co-Founders of a Lithuanian Crypto Coin Scooped up Luxury Property While Investors Were Left in the Lurch

    Any time you hear "ICO" just replace it with "Pump and Dump". Same goes for all shitcoins (and all coins are shitcoins except for [maybe] BTC).
  5. Frankie

    Personal Word from Fred

    Nice idea but I don't think it's as "sexy" as Dubai - Panama is a considered a red flag by most banks, and HK accounts are not that interesting. If we're honest, Hong Kong is China, and there is no way anybody sane will keep any significant amount of money in the hands of the Chinese. So at...
  6. Frankie

    Berkshire Hathaway Stock

    Another whole year has passed, and since then: RIT went nowhere, still dead in the water BRK is up 30.47% Martin Everson - amazing stock picking as usual smi(&%
  7. Frankie

    Trump Says Will Sell 'Gold' Residency Permits For $5 Million

    As with everything that Trump says he will do or claims to have done: 1. It won't get done 2. If it gets done, it will be done in such a stupid and random way that it won't work. 3. Even If it does work, it will get reversed the moment that Democrats win the next election, because he doesn't...
  8. Frankie

    Cyprus new 15% CIT + 5k non dom fee

    This is not mentioned anywhere, certainly not in the source you have posted.
  9. Frankie

    Binance account deactivated

    Mean. But somehow accurate. Seriously though, I know so many people who had it happened to them on Binance and Coinbase, who were 100% clean, did nothing wrong, all their KYC was on point and did nothing else than buying some Crypto and selling higher. Probably just too much volume, and maybe...
  10. Frankie

    Make nice YouTube Videos about Russia... make $520,000 ?

    Banned Russian Channel RT Secretly Pays Video Bloggers Who Promote Kremlin Narratives https://www.occrp.org/en/investigat...video-bloggers-who-promote-kremlin-narratives "In 2022 and 2023 ”” years during which Rozhkov published at least three dozen Real Reporter videos ”” RT paid him 15.7...
  11. Frankie

    "get out of EUSSR" says everyone here, but where?

    I know I posted it before but it's still funny. You are over-generalizing a bit, there are plenty of very safe countries among the list you mentioned, where you won't be killed/looted by the tax office. No country is perfect, the question is what values are important for you.
  12. Frankie

    Paraguay residence - my journey

    Awesome, looking forward to hearing more about it. Even though we agree on very little, big respect for actually giving useful information and practical advice. Definitely an asset to this forum.
  13. Frankie

    Best Banks in Non Crs countries

    Not a personal experience but heard good things about: ABA Bank in Cambodia Acleda Bank in Cambodia Maybank Cambodia
  14. Frankie

    What is your take on the altcoin massacre, weak bitcoin and volatile macro backdrop?

    As always, Crypto moves in cycles. If you can't control your FOMO and buy when everybody is frenzied, you lose. If you can buy counter-cycle and wait for everybody to be max bearish and liquidated, you make good money. Tip: Find a loser friend who always buys at the top. Whenever he calls you...
  15. Frankie

    ByBit hacked 1,4billions $ stolen ( in ETH).

    100%. Anybody trusting ANY exchange more than to do a quick transaction and then immediately withdraw is a fool.

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