xrp community has been warned for years that this would happen, don’t feel sorry for them at all… altcoins took a small hit but correction came right after. btc is at an ath close to 30k (which is when i will take profits) and after volatility calms down and the price drops again, altcoins will fall with it and start pumping strong. buy the dips
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it was a joke… there’s too much wallstreet money in btc for it to go down under the 20 week average. nobody knows how most altcoins will behave in bear market tho
I can’t emphasize this enough. But certain people might need the “safety” of a Bank to onboard to crypto assets. And keeping your coins save isn’t that simple for IT illiterate.
Do you let the money on the exchange ?
Currently, I use Swissquote which is a bit expensive 0.75% for order from 10’000 and around 1% of CHF/USD exchange fees. However, I trust a little more Swissquote than an other exchange.
@dinigi7 does Bitcoinsuisse 1.25% include the conversion in from CHF to USD? or can you trade directly in CHF?
do you have to pay taxes on your earnings/property in the us or in switzerland? how does this process work?
i have no idea… this company doesn’t really look appealing to me i don’t trust them but that’s just a gut feeling. they’re probably alright
i think you can buy crypto in chf so should all be included in the 1.25%
what about binance? ~0.1%
i might buy btc or stablecoin on kraken and transfer to binance/kucoin
No worries, as long as I can just this guy’s advice, who converted his entire XRP position to ETH in “must have been about one month ago” 
(that was his only sale transaction in cryptocurrency for the year)
I’d consider it the same as E-Money or Cash: Unless you’re only holding small amounts for everyday payment purposes, you have to declare crypto assets such as Bitcoin.
I use Relai, a swiss company with a swiss IBAN. https://relai.ch
No account, no registration, just CHF in, BTC out.
Basically it’s a non-custodial dollar cost averaging solution. Just set up regular buys. I have a weekly buy recurring job from PostFinance directly the their swiss IBAN account in CHF.
BTW, we get a 0.5% discount on fees if you use my referral code: REL1332
still 2.5% fees with the discount… thanks but no thanks
but do you have to pay taxes in the us? sorry if this is a stupid question but i reckon the us has a very unique taxing system and i don’t want to run into trouble
good for him, eth is doing pretty well and will even break ath in january i hope
edit: i think you posted the wrong link
For sure not the cheapest option but buying directly from your CHF account is convenient without prior deposit.
I’m using swissborg mainly. Their app is really well made and they will implement a yield for their token, the chsb. It will be a good way to farm token to become premium to have various advantages. I also use binance’s launchpad to generate some small amount of token.
It is very easy to declare, it is part of your wealth tax and you have one line where you need to put it (sum of all your crypto currencies).
You need to take the official Swiss rate that they publish on their website every year to evaluate your holding value on 31.12.2020.
We are lucky that Switzerland is very crypto friendly, you can even pay your taxes with btc in some cities.
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I opened a account with SwissBorg one week ago and the 31th in the morning i received a deposit of 100€ in my account.i have no idea where came from.maybe a welcome bonus?Very strange 
Cool I didn’t know about that.
Well he got €, not random cryptocurrency.
Not sure that is connected.