Yesterday’s news:
JPMorgan Chase has filed with regulators for a leveraged product that would allow investors to bet on the future price of Bitcoin—and potentially earn "uncapped" returns if the price of BTC falls by late next year but then soars by 2028.
link: Yahoo ist Teil der Yahoo-Markenfamilie.
Some are speculating that JPMorgan was biggly short on MSTR because of this…
When BTC 50k$ ? 
Is it my impression or fees to purchase BTC via platforms as Coinbase, Binance, Revolut etc have increased? I cannot seem to find anything that does not take 5+% as a commission.
In Switzerland, you can use Kraken Pro for BTCCHF. Funded via bank wire. (spot between 0% and 0.4% fees (depending on maker/taker and on 30-day volume).
Never use credit card on Kraken (normal), it’s about 7% fees (credit card fees + kraken fees + for CHF about 2k spread).
Coinbase, Binance and Bitfinex, you cannot fund via CHF bank wire directly (only expensive cc or intermediary). I don’t know about USD,..
Thanks for the tip, I’ll give it a try!
Also make sure you are actually on Kraken Pro, where you place your order on the order book. They have instant buy and other platforms, which have higher fees.
I’ve made a nice paper profit on the modest BTC position I acquired (all through the IBIT ETF) despite the recent depressed prices.
I’ve made much more by writing cash secured puts on IBIT. Due to the price drop I will be taking some IBIT units in possession in a few days time due to some of the put options I wrote. I’ll likely immediately write call options on at least a portion of them while maintaining a decent IBIT position not restricted by options.
Am curious though about what the forum ‘gurus’ see happening for BTC during 2026? What dependencies assumed?
I think you mentioned once in this thread (or maybe the options thread) but could you remind me how you got the IBIT or general crypto related (not the paxos crypto option itself) trade permission on IBKR? I wrote them a ticket (also one for JP options) but nothing happened yet and I’m still not able to trade IBIT.
If you’re referring to me, I got it via UBS (where I do most of my banking). It took them a while to sort it out, i suspect it’s less of an issue now given the rise in popularity. It only really required an email to the relationship manager under who I fall.
EDIT: initial response from UBS was “not possible”, then I opened an account with IBKR but there it also turned out to be “not possible”, and after a few weeks UBS came back to me confirming now it was possible.
Aside from a very minor bank account in my home country and a 3rd pillar account at a low cost Swiss provider, I do all my banking with UBS (payments, saving, stock trading/cusody, mortgage). I’m pleased with the service and it’s also a force of habit. I can’t say I’m very happy with the fees but don’t want the hassle right now of changing (and the fact that they give me VIP tickets to various events is a clear sign I’m paying them too much).
I do have a non-standard deal on custody/transaction fees. I.e. much lower than usual, but still a lot / too much.
SOme of the things i really appreciate
In my opinion, given that 2025 will undoubtedly end with negative growth for BTC (-6% YTD as of today), I would tend to believe that it will grow in 2026, returning to around USD 100,000. However, I am more inclined to think that BTC will fluctuate between USD 70,000 and USD 90,000.
My personal strategy remains the same: CHF 100 invested automatically every week. I haven’t even thought about it since I set it up in March 2025.
I’m curious as to the basis of that thesis. I can see BTC grow in 2026 and I can see it decline but as I understand it, your stance is that if BTC (or any other asset?) declines in a year, that gives it better chances to grow the next one? Is it based on the probability of favorable events pushing its growth or on bare statistical probabilities (which I’d expect to support more that performance during years, which are arbitrary periods of time, are uncorelated from one to another)?
I remembered that when BTC had a negative year, the following years were in the green. But this ‘theory’ worked when institutional players were not yet heavily invested in BTC and when Mr Orange was not promoting cryptocurrencies for his own interests. Today, with everything this madman is doing, I’m not sure what to think about the future of the stock market and investment in general.
But given that the future is uncertain, people tend to invest in safe havens such as gold, silver (apparently) and BTC, which is considered digital gold, especially since the new heirs to these fortunes are more fond of investing in new technologies and cryptocurrencies. That’s why I believe in a resurgence of BTC while remaining conservative about its price. If it rises sharply, I’ll be very happy 
In 2025, I reduced my Bitcoin exposure to 80% from 97% at its peak. Holding bit more cash, some gold and some Swiss stocks.
I don’t know what 2026 will bring. I’ll have more BTC at end of 2026 than I have now.
80% of spare income is dedicated to BTC and 5% to the Swiss stocks. I’m not planning to rebalance in 2026, but I still hope for a further dip so I can grab some bigger chunks (mostly out of emotion or while drunk lol).
I believe Global M2 monetary supply to be the source of all evil a lot of market movement. The dotted green correlation line in this chart says otherwise, yet I believe in the law of conservation of mass money. If money is created out of thin air, it has to go somewhere. It has gone in~to real estate, stocks, precious metal, crypto, NFT, etc.
While the log scale for BTC price might no longer be required, I believe in an ongoing shift from long-term holders to the masses (sideway movement) and then a gradual increase in USD value, as major currencies will have to inflate (debt, war, social welfare). IMHO, there are not many anti-inflationary alternatives to Bitcoin, except for gold, silver, platinum, real estate.
(source)
And again the 8 imaginary topics for 2026 (sorry, in German)
:
Looks like the M2 scale as been chosen so as to coincide with the other ones.
Some scales start at 0, others not. Some are log based, others linear. Increments are not consistent…
I don’t think you can tell anything from this graph.
I’m listening to my favorite Bitcoin maxis on that matter (Q-day). No panic at all.
I think worthless cryptos may be the least of problems then. But it would turn worthless almost immediately.
(I don’t care about “crypto”, they are anyway worthless scam). Bitcoin showed several times its resilience and it will further do. The solutions to the problem will be deeply reviewed and challenged and by a majority of the participants accepted.
There are thousands other targets to worry more about: banks, infrastructure, military, governments… e.g. looking at the history of Swiss gov IT projects, I doubt there will be a smooth transition
