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Pope Donkey XXI
@DonkeyInvestor
6Mon·

@Simpson asked me, presumably as a joke, to sell my ETF and switch into Bitcoin. That cost me a sleepless night. But after I'd actually been toying with the idea for a while (also thanks to @stefan_21 ), I did it 😳. At least the first step. I sold my entire $VWRL (-0.08%) sold my entire position. As soon as the money is in the account, it will go to a crypto exchange and be put into Bitcoin.


As I haven't bought any Bitcoin for a while: Which exchange do you recommend? I will buy approx. 1 $BTC (+1.68%) and have accounts with Bison, Binance and Kraken. I don't want to open an additional account.

12.12
Vanguard FTSE All-World ETF logo
Vanguard FTSE All-World ETF
Sold x871 at €136.13
€118,569.23
31.13%
89
151 Comments
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Frank K.@Gazza
6Mon
Eggs of steel. Good luck. I am personally with Bison and satisfied
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Gazza my urologist always says. So the one with bison.
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Lorena@Lorena
6Mon
Noooooooooo, not the good All World!
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Lorena never got a sweater. At some point I had to pull the ripcord
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Dividende > Zinsen@GoDividend
6Mon
@DonkeyInvestor I can understand that argument
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Pope Donkey XXI@DonkeyInvestor
6Mon
@GoDividend They screwed it up themselves. But the other ETFs will follow
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Lorena@Lorena
6Mon
@DonkeyInvestor is probably only reserved for the elite with the sweater ...
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maurizioroscia1970@investment_wizard_1208
6Mon
gfjhz
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Silas W.@DynasticGrind
6Mon
"Why the rum too?" 🏴‍☠️
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Kate🦋@Iwamoto
6Mon
Oh no, I'm going to unfollow you
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🤥🤪
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Thanks for your contribution and don't forget. Once the Bitcoin is red for a longer period, it is only bearish divergence.
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Iwanowitsch exciting, what could be the reason why someone unfollows me?
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Kate🦋@Iwamoto
6Mon
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Uwe@SchlaubiSchlumpf
6Mon
The scary thing is that you never really know whether this is true or not.
If it is: brave move. I wish you completely selfishly that bitcoin first goes down to 1%, say for 6 months, and then reaches unimagined heights. If not: lol
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Pope Donkey XXI@DonkeyInvestor
6Mon
@SchlaubiSchlumpf I am a donkey on the Internet and therefore, by definition, totally trustworthy
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Uwe@SchlaubiSchlumpf
6Mon
@DonkeyInvestor ok then I'll probably sell my ETF and buy Bitcoin too. It'll be better for my real estate financing next year anyway. (Ok, that last sentence was nonsense... I'm a serious smurf).
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Uwe@SchlaubiSchlumpf
6Mon
@DonkeyInvestor oh I just realized, the first sentence was nonsense. I'm not selling my etfs because some jackass *hihi* is doing it
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Pope Donkey XXI@DonkeyInvestor
6Mon
@SchlaubiSchlumpf your mistake
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Charmin@Charmin
6Mon
Take a few coins. You'll need them ...
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TP@TP
6Mon
Classic win or go home. I honestly wouldn't have the balls for it. Respect to you, fingers crossed!
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Pope Donkey XXI@DonkeyInvestor
6Mon
@TP am neutered
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TP@TP
6Mon
@DonkeyInvestor Has nothing to do with it for me
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Pope Donkey XXI@DonkeyInvestor
6Mon
@TP Thank you for not reducing me to my balls
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TP@TP
6Mon
@DonkeyInvestor What can I do. That's just me... You also have to look at the person around the eggs
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Stefan21@stefan_21
6Mon
Congratulations on the decision😘
Not many people can buy a whole Bitcoin just like that anymore😂

I wouldn't use Bison because of their spread :) I think Binance would be a little cheaper than Kraken in terms of fees, so I would tend towards it.
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Pope Donkey XXI@DonkeyInvestor
6Mon
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Testo-Investor@Testo-Investor
6Mon
@stefan_21 You don't seriously believe that... as if he would buy bitcoin at 100 k now... HAHAH never!
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Stefan21@stefan_21
6Mon
@Testo-Investor What makes you doubt Satoshi Nakamoto's credibility?
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Testo-Investor@Testo-Investor
6Mon
@stefan_21 because it's a troll account, maybe that's why.... 😂🚨🚨🚨
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Fabzy ✨@Fabzy
6Mon
Faaaaake, you would never do that
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Fabzy ✨@Fabzy
6Mon
@Fabzy 1. the Bitcoin from Mt.Gox was added on top of your remaining BTC and you were already at a point where you expanded the AllWorld to have a reasonable base. Adding another Bitcoin for 100k is not your strategy.
2. you don't throw away what you've built up 3 years ago because of one sleepless night
3. you mess up your BTC performance and have to correct your previous posts, then it's no longer 27000%, but only 12000%. Your ego won't stand for that.
--> Fake
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Fabzy too bad. I had hoped it wouldn't come to light so quickly 🥹. But you just know me too well. You donkey fanboy
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Patrick Schäfer@Hotte1909
6Mon
Eieiei. Are you trying to avoid the free beer from @Charmin and me?
But respect my friend. I always thought my balls were hard, but yours must be even harder.
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Hotte1909 that's more the way I have to buy you free beer. Don't have to buy free beer. must buy free beer. Don't have to buy free beer ...
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Patrick Schäfer@Hotte1909
6Mon
@DonkeyInvestor Did I hear free beer here?
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Hotte1909 yes and no
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Charmin@Charmin
6Mon
@DonkeyInvestor I'll have to read up on Schrödinger again ...
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Pope Donkey XXI@DonkeyInvestor
6Mon
@Charmin Is he already dead?
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Charmin@Charmin
6Mon
@DonkeyInvestor I haven't looked yet. I don't think so.
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Pope Donkey XXI@DonkeyInvestor
6Mon
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Dontknow@InvestRookie
6Mon
I think it's very commendable of you to strengthen the support 👍
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Pope Donkey XXI@DonkeyInvestor
6Mon
@InvestRookie don't know 🤷
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Richard@-Richard-
6Mon
As I can see from Stefan's public portfolio, he is also moving away from the "Bitcoin only" strategy.
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Pope Donkey XXI@DonkeyInvestor
6Mon
@-Richard- big mistake
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Richard@-Richard-
6Mon
@DonkeyInvestor probably so, but that's how risk diversification works. Hats off to your courage!
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GeldGenie@GeldGenie
6Mon
Kraken has OTC trading with hardly any fees and a very fair spread for institutional trading.

Actually from 500k, but you can certainly make an inquiry. 😊
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Matthias@Rebellion81
6Mon
I have been working with Binance for years and am very satisfied :)
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shzzL@shzzL
6Mon
👍 My Riester pension has also been in crypto since 2018.
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GargaGamble@gargi
6Mon
I can see the community cheering for @DonkeyInvestor! You are our spiritual leader!
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Dividendensammler@DividendensammIer
6Mon
I'm now with Strike thanks to @stefan_21 recommendation 😀
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Dominik@Dominik_76
6Mon
Oh man, Testoinvestor will be happy about that. At first I thought I'd give you a few coins, but you've got more than enough. Keep your fingers crossed. What are you going to do with the rest that's left over after you've given the tax office a pre-Christmas present?
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Testo-Investor@Testo-Investor
6Mon
Don't believe a word you say, sorry...
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König C.@HodlHansi
6Mon
I buy from Kraken, I can only recommend it. If you deposit more than €10,000, it will be blocked until the proof of intermediary origin is fulfilled, so take that into account.
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Timm@Div666
6Mon
Kraken Pro - Significantly lower costs than Bison.
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Marcel@Mcl1991
6Mon
Good Morning. I have a few questions 😌 (if the trade is meant seriously)
1. was the $VWRL your core in the portfolio?

2. $BTC has the highest weighting for you now and then an even higher one. What gives you the confidence that you feel comfortable with such a high BTC weighting and even liquidate the VWRL for it?

3. do you see less risk in BTC than in the ETF?
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He-Man D.@He-Man
6Mon
The world belongs to the brave ✊🏻
Good luck 🗡️💥
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BamBamInvest@BamBamInvest
6Mon
🦍🦍🦍
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Ph1l1pp@Ph1l1pp
6Mon
What about taxation? I am actually a big advocate of non-BaFin-regulated exchanges such as Binance, but in your case the risk of the money being frozen would be too high. I would therefore choose a German exchange, taking the fees into account. And definitely not coinbase, where a lot of accounts have recently been blocked and the money on them frozen.
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Akef M.@InvestingDetective
6Mon
Balls of Steel, I would only do something like that if my portfolio is in millions.
$VWRL is something that I would never touch. It would be best if you also considered the tax implications. But now it's done. BTW long term I think BTC will shit on all the World ETFs.
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TreasureHunter@TreasureHunter
6Mon
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Bullnbear@Bullnbear
6Mon
I also switched just under 6 figures into Bitcoin at the peak in March and am up almost 45k today. However, if I were you, I would invest the money in tranches. It wasn't easy to only see red for half a year, with -30k in some cases.
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A_Red@ared91
6Mon
What the hell made you do it? But good luck with it. As long as you can sleep peacefully with it
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Charmin@Charmin
6Mon
Good grief!

I wish you every success and nerves of steel along the way. For me, 61 percent of my PF in BTC would not be an option.
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Katth@Katth
6Mon
Username checks out
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