6Lun·

I bought the VanEck Bitcoin ETN $VBTC (+1,37 %) with a TER of 1%. However, I plan $BTC (+1,38 %) to hold until after the 2028 halving, so I "lose" 1% of the price every year due to the high TER. I have now bought a crypto broker... what do you think, just sit out the 1% TER or sell the ETN and use the money (minus taxes, mind you) to buy BTC again directly via the broker, without TER? Thank you for your opinions!

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If you invest directly in crypto, this is tax-free after 1 year.
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"Not your keys, not your coins"

Are you holding $BTC as speculation or because you think the project is good?
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Please buy Bitcoin and put it on a hardware wallet. Then you'll also be better off with taxes.
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Would never make the mistake of buying the ETN again. I bought it myself and am really annoyed about the taxes.
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