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here is my dilemma: i have a forced pension that is set in CHF. I MUST contribute each month by law. I can't take it and hodl BTC.

Now the CHF is as hard af BUT it still evaporates as all fiat and the cumulative effect is disastrous.

SO.... WOULD I opt for some Bitcoin ETF instead of putting my pension directly into fiat?

I think the answer is : YES

So maybe the idea isn't so stupid for me. BUT I ofc get the whole shitty paper Bitcoin, custodial nature of it. Just being pragmatic...

The kicker to the story is... I was asked if I would like to switch from a CHF cash (locked) account to "invest in funds" mode - did this: the fund did a -17% in the very first year. You can't make this shit up!!

XeqT Monetary Freedom (∞/21M) + (₿+⚡) = 🧡 2y ago

Do what works for you, mate.

I had money in my work pension, to which I've contributed for 5-6 years.

After being orange-pilled, I wanted to take it all out an buy Bitcoin with it.

However, after looking into the process of doing that, I realised that after fees and taxes, I'd be lucky to be left with 20% of the money.

So, with that in mind, I simply opened a private pension account, transferred my work pension in it, and used the funds to buy MSTR, RIOT, and ARB, as those were the closest Bitcoin proxies I could invest in.

I would rather just have bought Bitcoin with the funds, but it's better than having the money invested for me by a pension fund.

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Discussion

SwissNode 2y ago

yeah but you don't get it... in Europe you have no choice.. in Switzerland I have a LITTLE choice: a bank fund or a cash account. It simply sits there year after year losing to inflation.

If an ETF comes along and my bank is then "permitted" for me to tell them: "please invest in this Bitcoin ETF" for SURE I would say: yeah go for it. All other options open to me are useless...

XeqT Monetary Freedom (∞/21M) + (₿+⚡) = 🧡 2y ago

I do get it. I didn't tell you not to buy the #Bitcoin ETF, if you'll have the option, in your pension.

I gave you an example of a similar situation that I was in, but the ETF wasn't available, at that point.

You should do with your money what makes most sense to you, not to please Bitcoiners.