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53286845 No.53286845 [Reply] [Original]

Eurofag here asking other eurofags: How do you buy shitcoins with real amounts of money.
Say you have 500k€ in the bank doing nothing and you wanted to buy a big chunk. How do you do it? Banks block even smaller transactions these days.

So even if 15k was the bottom and you wanted to go all in, how do you even fucking do it? there's no time. Inb4 the retardation that is DCA. And that also gives you problems anyway.

Banks hate shitcoins and want nothing to do with it. And now, using shit like Revolut is not any better, in fact it's worse since these "neobanks" can close your account at any time and they have shitty support.

OTC markets are for real richfags that move millions, but not for mid tierfags with like half a million.

I want to profit from this unbeliable shitshow that is crypto before they ban exchanges because it poses "systemic risk for the financial system" or whatever the fuck. A cool 2x from Bitcoin would already put me at 1million€. Of course I need to find a viable way to go all in and out and there's none.

>> No.53286889

>>53286845
>A cool 2x from Bitcoin would already put me at 1million€
you missed the boat, at best it goes to 30k
but use binance and KYC, if you are that worried about feds, put your profits in monero. move to Dubai if you are a richfag.

>> No.53286899

>>53286845
bank don't block anything here. I send and receive 30k EURO transactions last year from and too crypto exchanges. get a better bank

>> No.53286927

great question. can't help you but here's a bump

>> No.53286935

Just call your bank beforehand, as simple as that.
Of course they'll halt your account if you suddenly out of nowhere start sending 500K at once to a crypto service. Or the other way, out of nowhere 1 mil EUR coming from a crypto service to your account.

In both cases you just call your bank prior to executing the trade, let them know what you want to do, if it's cashing out you send them all the needed exchange transactions and you're free to cash out or send as much as you want.

>> No.53287269

>>53286935
>"please mr. bankberg i would like to make a purchase may i have your permission?"
lol bankfags are so cucked

>> No.53287328

>>53286845
I think a lot of it is to do with your exchange's banking partner. Your bank doesn't 'see' the crypto exchange, but instead the banking partner they are transfering funds to/from. When that partner is a dodgy Bahamas/Malta bank, that causes problems.

I use Coinmetro exchange and have had no problem transferring large sums both ways.

>> No.53287353

>>53286845
>Banks block even smaller transactions these days.
just move your money to a bank that let you send money to coinbase/kraken. they have no rights to stop you

>> No.53287370

>>53287269
>being so much of a child that you can't see the immediate and obvious benefit to what is effectively 2FA for your money

>> No.53287491

>>53287370
it's like how a child will have to ask permission from his parents on how to spend his allowance. you know the banks can deny you right? its like a 2FA you can't control that may or may not allow you to spend your own money. you grew into an adult and then immediately began seeking a new daddy in the form of banks and governments and "trusted sources" and "science" and thats why you're vaccinated because daddy told you to.

>> No.53288844

>>53287353
Where are you from?
>>53287328
Where are you from? I think im going with Bitpanda, meets all Euro requeriments, however im afraid they will block it anyway.

>>53287353
"money"
It's not the same sending 1000 or 100k.

>>53287491
cryptofags that live in bankless lalaland please leave

>> No.53289948

>>53288844
Netherlands. Bitpanda is probably fine but you're paying more fees than Coinmetro. Seems a weird thing to do given how much you want to throw around.

>> No.53291821

>>53289948
Well Coinmetro seems more amateur. Does it have all the regulations Bitpanda has? I don't want to gamble.