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Topic: What to do with our new found wealth??? - page 4. (Read 3280 times)

full member
Activity: 518
Merit: 103
Since you have it already, make sure that it is always secure do not let anyone know your codes and passwords, also look for ways on how it can still give you more income, since there is no assurance whether cryptocurrency will still be here even after 10 years, also do not waste you money on anything that will be considered a waste of investment, make sure that you still practice what you have started before gaining so much, and lastly, take advantage of what you have, since you are already equipped with knowledge and skills, you can incorporate them to any investments that you want, be it with crypto or fiat.
newbie
Activity: 238
Merit: 0
Every country has their own norms on money laundering. Like in my country, if I get 1 million (around 15.5k USD) in my local currency, my bank will immediately report that transaction to the government. , but generally it would be easy if you just converted your crypto to cold cash with face to face meetings.
sr. member
Activity: 700
Merit: 250
I dont think you are able to withdraw a million everyday so I think the best thing you should do would have to slowly withdraw them in fiat then schedule them on when you have to withdraw the money. Anyways it is untraceable, so better not withdraw them to your bank.
full member
Activity: 401
Merit: 100
I believe god will give us a wealth for  a reason maybe if we have now a capacity to help others by our new found wealth we must do helping for today before everything is toolate.bitcoin wealth is like a  blessings that is really un expectable and maybe introducing the advantages of bitcoin is also a great way of helping others that they will be having an idea to make learning and maybe they can gain someday if they do bitcoin.

I agree. Everything has its own purpose, if you become a millionare maybe there's a reason for it, not only for yourself, but maybe you are used to help other people and do great things
newbie
Activity: 150
Merit: 0
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.


I think, It's very difficult, but the same thing may happen. It takes a good time to achieve the same thing, because you need to limit in the withdrawal if you want to remain anonymous. Fulfilling those limits will let you move accordingly instead of just pulling large numbers and being caught under government supervision. So, keep calm and be careful. It is my opinion.
full member
Activity: 392
Merit: 126
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

If you have a large amount of money, why don't you go to another country and cash the money there. In the same Switzerland or Japan, or even Malta. Byelorussia. Think and make the right choice
jr. member
Activity: 182
Merit: 1
Lucky if you earned million dollars from crypto, if you don't have tax with crypto in your country yet then you are lucky again, but if you want to help people with then you can purchase goods and donate it to charity or orphanage at least you earn then you give and help as well.

It's how we rotate the money as well, when you receive your bounty award and convert it to money you do not pay tax but when you purchase your good for donation the good has tax so I think it's fair enough.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

I think that is just want avoid paying government taxes. Better we keep paying tax not matter our government corrupt. Its different case between corrupt government and you avoiding tax. If you are not paying taxes, thats mean you are corrupt too

I agree with you and we need to obey the rule in our country so we don't have any problem with them. besides that, we don't have to withdraw in a big amount of money because I am sure that this will make the governments become suspicious with us and finally, they will investigate about from where we got the money and I am sure that you don't want this is happening, right?
full member
Activity: 434
Merit: 105
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

Simple mate, If you had a local exchanges In your country that accept cryptocurrency, especially In bitcoin you can converted Into your fiat and withdraw It. I could say these because I already experience earn milions profits that worth 1btc last early December.
And I used our local exchange to withdraw It Into our fiat currency.
member
Activity: 700
Merit: 10
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

I think that is just want avoid paying government taxes. Better we keep paying tax not matter our government corrupt. Its different case between corrupt government and you avoiding tax. If you are not paying taxes, thats mean you are corrupt too
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
Number one, i really like the fact that you have the cajones to ask tax evasion techniques in this forum. Next, i hope you don't get caught, i dont want to be an accessory. Next, best way to cash out is to do it in parts in random times. Don't ever have a pattern so you won't get audites. Lastly, i don't know where you are but brush up on your tax laws
full member
Activity: 476
Merit: 100
This is just tax fraud waiting to happen. Then again I'd say my two cents on the matter.  Withdraw the maximum amount you can have tax free. After a while have a family member or a.person you trust withdraw it by sending it to their account. Lastly, read up on your tax laws and see how much you can bend the rules without breaking them..
hero member
Activity: 1218
Merit: 557
It is very annoying that in some places you have to run away from the government and stay under the radar. Similar in where I live too, however the gov. has not even taken care of considering central regulation on crypto as I know.

It would be much nicer like for instance in Holland, where you have to pay like 2-3% tax on your earnings from crypto and then you are white. I could totally live with that.

Never try to do anything like if your country has banned the crypto then stop using it . Do not indulge it in else you may have to face consequences . Instead if possible move away from that country if you cannot stay away from the Btc or other coins and think that is your future .
copper member
Activity: 364
Merit: 0
Split it in parts. Man just hire people to do it for you. Oh, make sure you trust them and you know totally for sure that they wouldn't mess you up.
Obviously, divide it into several parts. Eggs should not be the same basket, if this basket is broken we still have other baskets. This is true in investment, we should divide the wealth we have to invest in many different sources. This is a way to divide the risk.

If we made millions in cryptocurrency, to avoid suspicions from other people or the government, I think we should still live simply and plainly. If you want to turn it into fiat, then it is better to withdraw within just the limits and then not doing it everyday to avoid suspicions.

Crypto money is the reward of our hardwork that is why we should know how to manage it. My goal is to have a secure future for my family. If i become successful like you i will make a trust fund for my children and i would also like to be involved in franchising food products.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Split it in parts. Man just hire people to do it for you. Oh, make sure you trust them and you know totally for sure that they wouldn't mess you up.
Obviously, divide it into several parts. Eggs should not be the same basket, if this basket is broken we still have other baskets. This is true in investment, we should divide the wealth we have to invest in many different sources. This is a way to divide the risk.

If we made millions in cryptocurrency, to avoid suspicions from other people or the government, I think we should still live simply and plainly. If you want to turn it into fiat, then it is better to withdraw within just the limits and then not doing it everyday to avoid suspicions.
Well you don't need to put bulk in banks. Having businesses can be a very good way to have a diversified source of money and you don't rely solely on crypto. It also won't hurt to put some in charities if you have that much
hero member
Activity: 774
Merit: 503
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

I can suggest that you encash it slowly in small portions because just like in my country they have limit in sending cash to local bank account per day and if you exceeded from the limit you will be subjected to investigation.
newbie
Activity: 112
Merit: 0
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

Yes, I believe god will give us wealth on the grounds that maybe if we now have the capacity to help others with new wealth we have, we must help today before everything becomes a tool. The richness of bitcoin is such a blessing that is completely unexpected and perhaps introducing bitcoin excess is also a great way to help others that they will have ideas to make learning and maybe they can earn someday if they do bitcoin. So, I like that. I think It is a good way.
full member
Activity: 519
Merit: 122
It is very difficult to remain anonymous.Now almost everywhere you need to pass verification
member
Activity: 72
Merit: 10
It is very annoying that in some places you have to run away from the government and stay under the radar. Similar in where I live too, however the gov. has not even taken care of considering central regulation on crypto as I know.

It would be much nicer like for instance in Holland, where you have to pay like 2-3% tax on your earnings from crypto and then you are white. I could totally live with that.
newbie
Activity: 161
Merit: 0
I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

You are indeed right mate. Turning back your million into FIAT could make the eyes of those greedy inviduals in our government to prevent and make ways to gain from it. This is our corrupt government works.
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