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  1. L

    If not having money in crypto, then in what?

    There is also a fourth option - to buy inverse ETF. But I think the best approach is gradually selling during uptrends and buying within sell-off. Anyway, in my opinion, to invest in US index stocks is not a bad idea, soon we will have behind us FED that will be directly supporting the price...
  2. L

    I have the feeling that the bitcoin value is collasping

    the point is that there will be always banks that will handle BTC even if there is a ban (the same is valid for payment systems)
  3. L

    I have the feeling that the bitcoin value is collasping

    I think you have wrong information, almost all large banks are fined again and again for breaking EU/US sanctions. Even US banks like Wells Fargo, JP Morgan, Bank of America, from payment systems for example PayPal.
  4. L

    I have the feeling that the bitcoin value is collasping

    Why? If you allow the third party to handle cash in and out from bitcoins, then it's similar like the direct using banking just more expensive, so this not only a question about forcing all banks to ban transactions related to bitcoin
  5. L

    I have the feeling that the bitcoin value is collasping

    I agree that we will see CBDC but don't understand why you think they could threaten to BTC. CBDC will be highly inflated coins by their nature to keep the status quo with increasing central bank balance sheets
  6. L

    I have the feeling that the bitcoin value is collasping

    Exactly, they were sold with a discount and the demand was much higher than the available seized amount. Similarly, Bulgaria sold gradually their seized bitcoin in auctions and many other national authorities doing the same
  7. L

    I have the feeling that the bitcoin value is collasping

    I don't think that banning BTC in the whole world is even possible. Look at how much banks in dozens of countries are on black or grey list due to money laundering etc. for dozens of years. Much more pragmatic step is an attempt to force all banks and payment processor to follow KYC/AML rules...
  8. L

    I have the feeling that the bitcoin value is collasping

    That's a good summary, It also would be worth adding that there is much less real liquidity (in the case of classical stock markets) because on the demand side is for almost 12 years central banks. Bitcoin was in sell-off mode as any assets, it's a sign of panic, but the longterm view is...
  9. L

    Where To Open An Offshore Bank Account

    Thank you for your answer. Yes, I noticed this thread with the list of banks, EMIs. But I didn't find more detailed information like "The bank XY offers 5% saving accounts in USD pa and the bank YZ 4,5% etc." My main goal is now to find a reliable offshore bank with the high yield on saving...
  10. L

    I am planning to open individual offshore bank account about Capital Gain Tax.

    The broker that you use automatically reports (at least this is valid for most brokers out there, unless they are located in AEIO country) all your trading activity so that the tax authority will know about your trading much more than just "net profit" in the wire transfer
  11. L

    Where To Open An Offshore Bank Account

    Is there any well-summarized list of saving accounts that offshore banks offer? Not only in exotic local currencies but also in "stable" as EUR or USD, thank you in advance

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