Pages:
Author

Topic: What to do with our new found wealth??? - page 5. (Read 3214 times)

full member
Activity: 350
Merit: 100
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 really dont know what you found wealth but if our health now have been a good type of cryptocurrency is really amazing. The only way I think yes!! Their lives and the market affect your money if we could have been bad enough, and the future. I support the right now is to study.
newbie
Activity: 210
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.
hero member
Activity: 840
Merit: 520
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.
Well first my dream is that I make millions with bitcoin, bitcoin is always a very versatile and sustainable crypto currency and has proved profitable to almost every one and its very good that you has made millions with the bitcoin but I don’t think that it is that easy to convert them all to Fiat currency and even I think that its needed because the valuation is quite low these times but you can sell a little bit of it and can convert into Fiat but you need to pay some transactions fee.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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 the best way to turn your money to fiat is to devide your money in different banks, lets say you have 1 million, you can devide it to 4 different bank accounts, it is legal and you can put in smaller amount of money in those accounts rather than putting in a whole million in one account. In the first place, you are not doing anything wrong, I dont see the need to do this.
Yeah I think this is one of the best way to turn your bitcoin into fiat money. The smaller you divide your money and send it to different bank accounts, the safer you will be. You can also divide your bitcoin into many parts and ask your family or your friends who you trust the most do it for you so that the government couldn't know anything. I also live in the country where corruption happens everywhere so I kinda understand the situation.
sr. member
Activity: 672
Merit: 250
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.
There are available fiat converters and exchangers in almost all countries that has bitcoin operation. If you had made millions out of bitcoin, you can diversify your investment, purchase primary needs that will uplift your quality of life, like a decent residential house, car, and etc. But, do not forget to invest in something that will provide you a sustainable regular income for your usual expenses. Well, about the taxes from your bitcoin income, it depends on your government and how they collect revenues from individual income.
full member
Activity: 700
Merit: 102
well, may be you can buy gold. spread it to the person you trust.  Smiley
If you have found some wealth somehow, then it is better to utilize that wealth in the best possible way. You need to make some proper plan before making any kind of decision and that you must think very well before making any such decision. It is better to invest that money into any of the crypto currency but before doing that, you must learn as much as you can regarding the crypto currencies.
I think managing the money is quite difficult. because the money is one asset that we must manage with the maximum, while managing also takes time and process long enough, in order to create a good management.
full member
Activity: 504
Merit: 106
well, may be you can buy gold. spread it to the person you trust.  Smiley
If you have found some wealth somehow, then it is better to utilize that wealth in the best possible way. You need to make some proper plan before making any kind of decision and that you must think very well before making any such decision. It is better to invest that money into any of the crypto currency but before doing that, you must learn as much as you can regarding the crypto currencies.
member
Activity: 317
Merit: 11
well, may be you can buy gold. spread it to the person you trust.  Smiley
member
Activity: 392
Merit: 10
http://o-tu.ru/
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 definitely say that you should use several types of electronic money. For example perfect money or okpay. Use the bitcoin locale site and find your best ways to withdraw. you have too General a question. I understand that you are anonymous, it is difficult to help you, not knowing what country and what methods and systems work in this country.
newbie
Activity: 154
Merit: 0
Making alot of profit out of crypto is a great thing, we get to accumulate enough money to provide for our needs. For me,  it would be great if you could invest it with some properties and have your blessing be shared.  Save up for your future needs and help others. Make the most out of your earnings, you don't have to depend to government if you have trust issues that your money would be wasted, instead think something that would benefit you and deserving people who needs your help.
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
I believe God's blessing comes in many forms in many ways through many different people and who knows bitcoin is one of those so in order for the blessing for the continues flow let it serve as a channel of blessing to others as well, you can give some to mission -charity fund those people who loves to help people but can't go coz of lack financial but here you are you have lot's of money..so whjy not send it...give as much as you can.
member
Activity: 238
Merit: 10
we can use it for even bigger investments. if we immediately spend it, it will only be wasted. we take advantage of the moments where we get great capital and we start to invest even more.
member
Activity: 265
Merit: 10
The World’s First Blockchain Core
Local bitcoins are a good way for this where you exchange the coins with fiat money in face to face. by doing so in multiple places you can withdraw your money and turn to fiat.
full member
Activity: 378
Merit: 100
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 the best way to turn your money to fiat is to devide your money in different banks, lets say you have 1 million, you can devide it to 4 different bank accounts, it is legal and you can put in smaller amount of money in those accounts rather than putting in a whole million in one account. In the first place, you are not doing anything wrong, I dont see the need to do this.
newbie
Activity: 91
Merit: 0
My advice in handling new wealth:
Count the money; Take the time to count the money for yourself; Assemble your team of professionals; You can start your search for competent professionals in a number of places including asking friends for referrals or asking other professionals like your family accountant or tax preparer or even family members; Develop a comprehensive financial and life plan; Be very careful of friends and family; Unfortunately, your new wealth may attract new friends, and estranged family members may pop out of nowhere.
Don't make big expenditures until you are comfortable with the advice and comfortable with your new financial position.
sr. member
Activity: 714
Merit: 254
I think we can use it for even bigger investments. if we immediately spend it, it will only be wasted. we take advantage of the moments where we get great capital and we start to invest even more.

Well, what I am basically doing right now is treasuring what I discovered as much as possible all my friends and relatives also knew this kind of opportunity and that they are also enjoying from it not only me, and making sure that I am not  using this to scam people, but using this to help them even in a simple way.
member
Activity: 98
Merit: 10
I think we can use it for even bigger investments. if we immediately spend it, it will only be wasted. we take advantage of the moments where we get great capital and we start to invest even more.
newbie
Activity: 210
Merit: 0
In my country, it's easy to deal with, as long as we sell our bitcoins through the trading platform, and then convert it into French currency. There is little to pay for the transaction platform.
full member
Activity: 237
Merit: 100
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.

 For me as a bitcoin user i do my new found wealth to buy things that i dont have. I build a house and also to help or share my blessing to other.
jr. member
Activity: 196
Merit: 1
EndChain - Complete Logistical Solution
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.
With all the wealth you have now, of course, you have to keep it in a place that is very private and safety. Do not indiscriminate you put your wealth and do not let foreigners know your personal things. Hackers are smart to be able to know our personal things but if we keep them very tight and careful. I think your wealth will be safe in your hands.
Pages:
Jump to: