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Topic: What to do with our new found wealth??? - page 8. (Read 3280 times)

hero member
Activity: 933
Merit: 500
Why sneak around? Pay your taxes, be happy and be free... If you made millions get a tax advisor and make a plan to spend the least possible on taxes but pay them. Or move to a different country where there is less corruption or less taxes Smiley
newbie
Activity: 150
Merit: 0
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: 80
Merit: 0
Perhaps most of all you have to be careful, do not be too eager to spend all your money or assets. Arrange well all the wealth so as not to waste. Try some new business so you get more income.
newbie
Activity: 201
Merit: 0
if we already have the much money we generate from Cryptocurrency, the first is we have to keep it simple in everyday life. and the thing that really needs to be, we have to share with the poor, the old widows and the orphans. give them a little of our treasure, because sharing is beautiful. hopefully we are all given success in this Crypto world.
sr. member
Activity: 588
Merit: 250
I do saving money in the bank and my atm, pruchase the goods needed especially our clothes and foods. All of this i'll do because i want to help my family especifically about our finances and i believe that everything they give there is a replacement and i want to make them even more proud because of what i do and help that's all i want to hear from them.
In short, what we have to do with our new found wealth, and that is crypto earning for me, is to manage it as wisely as we can. We should spend it on important things only especially if you are just starting in here. Once you experience earning big, you must not stop but must strive harder because that doesn't mean that your next campaigns or bounties will give you big rewards also. Do not take crypto earning as a joke but treat as a job/work already, not all people are able to succeed in here and understand what cryptos really are and their used.
full member
Activity: 434
Merit: 100
Hexhash.xyz
I do saving money in the bank and my atm, pruchase the goods needed especially our clothes and foods. All of this i'll do because i want to help my family especifically about our finances and i believe that everything they give there is a replacement and i want to make them even more proud because of what i do and help that's all i want to hear from them.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
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 are living in a country where corruption is the norm hiding your millions can be easy. I used to live in a country like that before moving away for the new job and if you can corrupt the right official then you can easily withdraw all your wealth as long as this corrupted official party is the governing party of the country.
newbie
Activity: 140
Merit: 0
New found wealth are nice. This means that you have did your best that is why you get this. Maybe the best way to do in your new found wealth is to invest it in the best way it will easily earn. Think of what will be the profit of it.
I think  this statement  is referring  to bitcoin earnings  is what  new found  wealth, as for me I don't  earn  much as of now.But my little  earnings  help me alot to support  partly my family  needs.If I earn maybe next few weeks a bigger  coins,I will surely save and keep it ,and look for a good and profitable projects.I well buy presents  for my family  and if something  left I will save it in the bank maybe for emergencies purposes.
newbie
Activity: 224
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.

Actually very good deal with this problem, you just need to find a friend who trust you, and then turn encryption money to your friend's address, and then let your friends in selling encryption currency trading, the money is ok.
newbie
Activity: 79
Merit: 0
You don't have to encash all you have, keep a portion of it in the investment for BTC or anything, let it grow. Encash it portion by portion
newbie
Activity: 146
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.
The most we have to do is that we really have to keep all the wealth we have without a single person who knows if the money we keep in large quantities. In my country, the corruptors are also everywhere and I am a little afraid of this. Because they must have many ways to take the wealth that we have. But I will do my best to keep everything safe.
sr. member
Activity: 1372
Merit: 255
As crypto has up and downs. It is so hard to play swing trade with the profits you made from crypto without hedging its value to fiat ,and without making any noise to government. If you already made millions, why not go to Japan or to other countries where crypto is widely accepted and less corrupt leaders.

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.
member
Activity: 208
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.
You will only be noticed if you convert it all in just a single transaction. I suggest you break it to smaller amount and encash it once or twice a month.
newbie
Activity: 17
Merit: 0
With new property, people should be very careful in using. Especially in countries under close surveillance from the government for the use and management of Bitcoin. You should use some of your assets to cater for your needs. You should use part of your assets to participate in ICO projects, which is a great source of funding for you. But be very careful when joining. If you risk, you will probably lose everything. Careful.
sr. member
Activity: 444
Merit: 250
First of all, what’s the highest amount of money that comes to your bank account regularly? You might need to consider withdrawing your profit according to that, because if you withdraw your profit straight to the bank, it will raise suspicion from the bank and might lead to blocking your account or something (maybe temporarily). Withdraw your money bit by bit, and not all. And I will recommend selling to someone who is into buying and selling of Bitcoin than using exchangers, someone that will be sending the money straight to your bank account, but beware of scam… if you can’t, then you better use of these trusted exchangers.
jr. member
Activity: 98
Merit: 2
New found wealth are nice. This means that you have did your best that is why you get this. Maybe the best way to do in your new found wealth is to invest it in the best way it will easily earn. Think of what will be the profit of it.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
The wisest thing to do with the money that we are making from bitcoins is to further invest most of them back into bitcoins so that we can earn even more profits as a result,  we will keep doing that and thus keep making more money.

Yeah, right you are like with me. I will also do as you say. If one day I make money from Bitcoin, some of the money I will invest again in Bitcoin. And some of it I will collect to open a business. So I can benefit from Bitcoin but can also benefit from my business results. None of them are wasted and we will be more successful.

Nice idea. If given a chance to earn big I'll do the same too, I'll keep on investing and if I'm ready to start for a business I would too. And also don't forget to give thanks always make sure to set aside some money for a charity to give purpose of everything.

I will also try this too if I have much money and I have a chance to earn more money. I think it is better to have our own business so we can try to manage our business and try to make more money. but we need to give our money to people which really need money or donate our money to charity or something like that so we can help them to continue their life.

Business is the way to stay rich after becoming rich by the help of crypto currencies. A person must focus on diversifying his number of income sources and all the rich people of the world are businessman. But I won’t suggest leaving crypto currencies behind after someone succeeds in establishing his own empire. Becoming a share holder of a well-established business is also a smart option.

Well i wouldn't really invest everything back into crypto if i manage to br quite wealthy here. It's always a good idea to diversify and scatter your assets into different markets. One thing is for sure though, i'd make sure to think about where i'm going to be investing first. I wouldn't want to waste the opportunity given by btc to me
jr. member
Activity: 196
Merit: 1
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.
We just need to keep it well and do not let our privacy know by others. Corruption is everywhere and hackers are always wandering around. Therefore we must keep it very tight so that everything becomes safe. I am not willing if I lose all my wealth.
member
Activity: 105
Merit: 10
The wisest thing to do with the money that we are making from bitcoins is to further invest most of them back into bitcoins so that we can earn even more profits as a result,  we will keep doing that and thus keep making more money.

Yeah, right you are like with me. I will also do as you say. If one day I make money from Bitcoin, some of the money I will invest again in Bitcoin. And some of it I will collect to open a business. So I can benefit from Bitcoin but can also benefit from my business results. None of them are wasted and we will be more successful.

Nice idea. If given a chance to earn big I'll do the same too, I'll keep on investing and if I'm ready to start for a business I would too. And also don't forget to give thanks always make sure to set aside some money for a charity to give purpose of everything.

I will also try this too if I have much money and I have a chance to earn more money. I think it is better to have our own business so we can try to manage our business and try to make more money. but we need to give our money to people which really need money or donate our money to charity or something like that so we can help them to continue their life.

Business is the way to stay rich after becoming rich by the help of crypto currencies. A person must focus on diversifying his number of income sources and all the rich people of the world are businessman. But I won’t suggest leaving crypto currencies behind after someone succeeds in establishing his own empire. Becoming a share holder of a well-established business is also a smart option.
member
Activity: 224
Merit: 10
When you earn a million in crypto, it is certain that many people will have an interest in you. So do not talk about it to others, especially if you have millions of holders. Of course many people are crazy and this may even be the reason for the authorities to know it. You can just get a case of money loundering here. You should probably do it without withdrawing it completely. Make sure you buy properties in different countries of the world.
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