Bitcoin Forum

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 if you made millions and wanna sneak it ... Without notice of any government official..then I would recommend i split it in parts... Send it to trustable people..and remember this the .. problem only arrises when you go forward to encash it !
Thus.. send it to trustable people and... Encash the amount that for government isn't taxable..

And do this over a period..of...time and I don't think there will be any problems with this..

Because encashing is the whole trouble nothing else...

Depends on where you are, but generally it would be easy if you just converted your crypto to cold cash with face to face meetings. It would be hard if you need to transfer it to banks and it triggers some sort of AML or call to your government about it. Just stay under the radar through untraceable methods like cash. But to be honest, you should really consider doing it legitimately since it could cause you a lot of problems in the future anyway especially if it would amount to millions.

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.

That will not be a good way to encash millions while being off radar. The best way to do it IMO is to just encash it in parts slowly but surely once a month. It would be hard to entrust it to other people you can count on because a lot of problems can arise doing that method while encashing it slowly but surely will be a good bet. That way you can also rebuy whenever dump occurs. Another way is to deal with others via localbitcoins if it is available, then split those transactions.

Firstly do the withdraw all your money money from one source make sure to fragment it before you withdraw it. Secondly you should not mind paying a bit of tax to avoid legal complications in the near future plus yourself helping your economy no matter how Corrupt it is. Buy some investments with btc and after some time sell those investments to get fiat.

This is really hard to escape the rules of government but yeah if you know trusted people that you can send your btc little by little and convert it into fiat then you can really easily do that. But of course you still have to be careful because government will surely make their ways just to know when your wealth came from.

That's really a problem even on my own country I do have still doubts when it comes on cashing out large sums of money since I don't really have anything to show off on where those earnings came from and suddenly being credited into my bank account. Same as your situation this is a corrupt country which you would really hesitate on cashing it out but my ways is to gradual encash them even on small amounts some of the money are being cash out into my relatives bank account so that you would able to fasten somehow the ways on getting those money.

If we are really rich in the new world of crypto, we should live simply and continue to make money with crypto. Do not brag to anyone who has too many jealousies.

I honestly have no idea. I think you will be confined to face to face transactions so that you do not leave any trace. Exchanges are out of the question anyway. How do the cyber criminals do it anyway? I bet you would find your answer there.

you are right here do not withdraw them all because for sure the government will noticed it, try to follow this first, separate all your moneys in withdrawing do not withdraw it all, well i were you i will just save it to my future.

I completely understand you,paying tax on your hard earned money to some corrupt government is something that the majority wants to avoid.I was interested in similar issues regarding that one day we may need to convert BTC to fiat,but I hope that in 5-10 years situation will be much better then today so we should buy many things with BTC directly.

So if you one day get millions of $ in BTC you need to consider to move from your country in to another country where there is no tax or tax is very low.There is such countries but each has its own rules and laws when it comes to moving and getting citizenship.I think that one of these countries could be a good way to avoid paying taxes,but it also requires a start-up investment.

http://nomadcapitalist.com/2015/09/07/tax-free-countries-second-residency/

Yes, you can try to send to member of your family to make easier deal with your closest people like family.
Do it in several time also good idea. But why you want hide it from government? Because tac or something else?

If you already made millions then at certain point in time you needed to convert it to your local currency. So as to not raised any suspicion from the government, you can't just withdraw everything is one day, you need to cash it out bit by bit and in small amounts. That would be the best strategy in my opinion.

As for the crypto not anonymous? Its psuedo-anonymous specially bitcoin. Others used mixing services to cover their track but when you are going to cash it out, of course if someone is following you, they can easily track your address in a trading platform and can identify you.

Regarding your last sentence: Crypto itself is anonymous. You lose that anonymity when you have to cash in using a bank, which is not anonymous. If someone were to pay you cash money for transferring your bitcoins over to him, then it would be totally anonymous and the government would not know who sold what to whom.

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. Similarly your country may also have some kind of cap on the maximum amount of transactions. Find that amount and make a transfer below that cap. However, then also there will be a chance to get reported to the government if your previous earning pattern doesn't match with your current transfer.

So, instead of making a huge transfer to your account, make small transfers every month as per your requirement. That's what I do. I make small transfer every month to my bank account and use it for investment. That way you will be safe from the regulators.

Firstly get yourself a good lawyer and they should be able to do most for you. You can always try spending bitcoins as a way to draw them down, or move to a different country and withdraw it there where the government may be less corrupt.

I agree with this friend who wrote this opinion above. Of course, that's a good strategy in order for us to still have our own wealth without the government noticing it because we might be taxed because we have bigger amount of money that we own. So we need to split it by putting it in different banks for example, or put it in another name so our will not be as big as the intact wealth we have in one bank.

So let say youve made that much it isnt a big deal if you withdraw an amount that is not suspicious to anyone for the first place keep your money on a limit of withdraw with enough funds to make your life easier although you can withdraw an amount that is big if you withdraw on another country and suspicion will probably decrease.

It's really hard, but the same is possible. It requires good time to achieve the same, because you need limitations in withdrawal if you wish to stay anonymous. Fulfilling those limits will let you make the move accordingly rather than just withdrawing a huge amount and getting caught under the sight of corrupt government.

You have a point there, it is good if you limit or witdraw the amount by batches for not to start of suspicious act. This is the best solution to do for a country where corruption exists. To hide this wealth to cashout into batches of amount.

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.

you can ask help from your family or relatives or friends by using their name for cashing out but do not cash out with big amount. just bit by bit until you successfully cash out all the money you want to cash out. and there are some that buying bitcoin online in social media be careful though cause they make scam you.

The idea of crypto is to be anonymous. In what specific do you live? Do you rake that millions now in your currency? Do you have local exchange there? What I can suggest is that just comply to the law of your country, if they will tax you just pay the tax and tell them that you are a crypto investor simple as that. But if you do really want to evade, don't do transactions that are totally high. Take a portion of it everytime you sell.

What "god"? The fetish or the Deity?

Anyway, OP this is a very simple issue. I don't know what country you are from. But I do believe that there's a way for you to sell your cryptos from the comfort of your home. Get into telegram forums or WhatsApp groups, use escrows there and like the speed of lightning you will find those willing to buy. Again, going through localbitcoin may give you that unnecessary exposure which you seek to avoid because your bank account details will be linked to you.

Both of the ideas are good.But i had already decided to go with the second idea as it seems to be practically applicable and there seems to be no risks in it as it would be difficult to find more number of trustful persons.I have another idea too.Just to sell our bitcoins in localbitcoins.com directly with seller face to face.i hope that in future,i would have to implement any of the above ideas since bitcoin's price is surging high.

It would be hard to be on your situation. Because if you really started from nothing and suddenly you become a millionaire because of Bitcoin being under the radar would be impossible. Also migrating to another country won't be a good solution too because they would obviously start with your background, a man who entered poor in their country that suddenly will become a rich person in a few weeks would raise a lot of red flags. If I were you I would declare Bitcoin as my income in your tax returns if that is possible for you.

The idea of Bitcoin being an anonymous currency would obviously become useless now because you now have millions because of it. Trying to be under the radar would be useless because you will be detected, trying to launder it with a business will also be obvious as they will link it up until they find a source.

FIAT is not anonymous, when you convert your crypto earnings into FIAT, you are not anonymous anymore and you are now under the radar and under the laws of your country, If you plan to cash out, take it slow, don't cash out big money, Just an example: you can do 50K (in PHP) each month and for that process, I Don't see government running for you for that 50,000 Php.

I am also thinking about that, so what I've come to think is that you first should know the regulations regarding money transfer to bank accounts and how much you can cash out to avoid suspicion from them. I think that the best way is to transfer it do different accounts and in small amounts.

That should be the simplest thing to be worried about since the country is largely corrupt then they don't have your time. Also since your intention is to stay under the radar, find out the maximum amount you are allowed to transfer into your fiat bank account and by no means go beyond that amount. If there is  restriction on yours, you can seek the help of another trusted individual. If you are to receive more than the amount your account can accept, break it into parts and spread the receipt over a couple of days. With that, you should be fine.

All you have to do is to find someone to trust. Because a lot of money is involved in your talk. So it's a face to face meeting you sell it. To no hassle withdraw from banks. You also sell it with a discount so you can easily find a buyer of your million Bitcoins value. It is hard now that our governments are especially greedy. We're sure they'll make the case and take our money.

you can exchange your bitcoin amount into fiat but you don't have to exchange the biggest amount because it will make the government smell your money and will investigate where the money come from. you can do this at least once or twice in a month or for weekly so they don't suspect that you make corruption too like others. you can stay under the radar with this way and you can still enjoy the money you've got from bitcoin.

we should appreciate knowing if this is the answer to all our  need in my life would i join here to help my parents and building out our house so i did aunt to post here to wage a large and not my problem my student as

IT might be better to donate to those unfortunate ones , Go visit hospitals and meet those patients  who are in needs of financial support . And helping people who are beyond poverty.

The simple way to convert you cryptocurrencies investments back to fiat is through local bitcoin or face to face selling and by this your government will be completely knocked out.  I have been selling my coins through face to face selling and though, most time I do sell below the market value but I prefer to do that because of the government I  have. My government do not deserve any tax from my earnings.

It may be good to ask yourself a different question. Which one of the following paths do you want to take in your life because a decision like this has long term consequences:

Option 1.
Breaking the law. Spending time trying to cheat the system. Being secretive and having people around you being suspicious or worried. Risk losing the money to shady characters, thieves or even fines/retroactive tax charges. Maybe even risk going to jail. Not being able to freely use the money for larger purchases or investments where fiat is needed. Never being able to fully relax, always on the lookout.

If you want this option I don't have any advice for you more than don't do it. Not only will it give you a poor quality of life, it will affect people close to you. Don't do it.

Option 2 (recommended).
Following the law. Spending time on what matters in your life. Being able to do whatever you want with your money. Enjoying the security of societal structures like banks, law enforcement etc. Being able to sleep well at night, not worrying. Being free.

This is the option you want. Just contact a reputable tax advisor, tell him/her about your situation and get advice on how to proceed. Pay taxes and enjoy your life. Also, consider using some of the money to make the world a better place. Be a force of good in the world.

In our country there's a legislative bodies who check the legality of every transactions it is also know as the AMLA (Anti-money Laundering Act) and if you will do such transactions let's say a million of amount to be deposited or withdraw on your account surely they will call the attention of those people to look over you. In my opinion if you want to withdraw your millions just in case, better put them in different accounts so that it would not call the attention of AMLA.

The best thing for them to be unsuspicious is to be able to remain under the table. To have trusted people where you can allocate your money into and withdraw it from them. that way you can cash out from multiple accounts simultaneously with ease

I thought I'll get one or two replies.

Great problem to have by the looks of it. Call me an optimist this is a very real "Challenge" which I hope many of my crypto friends will have one day.

if you are earning money and you want to arrange some plan for this then i will suggest you to invest this money in crypto in some good coins then you can make this money profitable by earning more money and through this way in last you will become a great investors with a huge money. Never store your money in cash this will not good decision.

Investing in cryptos is a good idea right now because as bitcoin price is increasing, some other coins are also increasing. Their maybe some independent coins that is not going with the flow of bitcoin, and it is on your own discretion to invest on it or not.

the bitcoin and the various types of altcoin are not controlled by the government and therefore no tax is paid for the same poor citizen. So there are countries that bitcoin and various types of digital currency ban because they do not have tax.For me the bitcoin is grace from god. This is why bitcoin is a tool in my home based economy that can save money and help my parents and home expenses.

That is a good idea. I just want to add a bit of your idea. If we really need money for emergencies, then we just need to sell bitcoin sufficiently and use ATM to take the money so the government does not suspect our transaction actions.

I think withdrawing a big amount of money without being noticed is really hard to do especially when you live in a country governed by corrupted people.
The most important thing is to stay away from banks because every transaction is monitored.
What I can suggest is to sell a small amount in the black market and use it to start a project and every month you sell more and pump it in the project capital.

P.S: It is more like money laundering which is illegal

All we had to do is to share the thing we found for a great wealth because sharing is giving back the gratitude bistold on you and it is the time to spread the goodness of bitcoin. Bitcoin was so seriously thing that needed to put an attention.

I think it should be invested to be more secure. if not invested in my opinion will be difficult to organize and wasteful. especially for crypto investment. because I think crypto is one way to be safe in investing

This is what im doing now which if i do need of money i do simply make conversions directly on my local wallet provider which it is really just a matter of few clicks and viola you do have money.It is really a troublesome when we are already cash outing big numbers specially if our government is really strict when it comes to tax but there are some people who do able to manage on getting out those amounts.There are lots of possible ways.

Besides risking to cash out a large amount of money, I think an alternative way is to invest it again either back in cryptocurrencies and other forms of investment or in the bank. By that your money will still be secured and it's profiting from the investments

What I would do is to invest it still.  Have to start a new business if it is so and or have to share it with relatives that are less fortunate.  I would not mind helping them as they are also part of my life...

The way to do this is to get the money out bit by bit. You can't withdraw huge amounts all of a sudden. You need to pace it over a course of time such that you don't alert them so that you don't have to pay taxes on it. Honestly, if you hypothetically do end up with that much bitcoin, it would be best to hold most of it anyway. There's a while to go before bitcoin reaches its ultimate peak and we'll probably see that value emerge in 2018.

I expect you withdraw btc to fiat money and pay taxes, will get understand why your pay taxes and bookkeeping will be a positive. this good value if you pay tax , anonymous loss in bitcoin exchanges with fiat money is an common, but you must understand about systematically transaction anonymous , if want to regulate anonymity of your transaction with systematically anonymous. anonymous in bitcoin transactions, it's just in blockchain btc.

Just find people trustworthy enough to put your money into their banks and withdraw them, it'll avoid suspicion and the more people you got, the better. Other than that just circulate your money in investments or just process it on the legal side of things

Put it back into investment, there, your money is secured and you'll not worry about it. But I think that if there comes a time that you will need it then one possible way is to cash it out monthly within a realistic amount than withdrawing large amounts.

I guess I'll be confused to answer that question because I've never felt wealth and I'm still chasing after those dreams and riches. But if one day the investment we do with Bitcoin has paid off, and we have a lot of profit from Bitcoin, you should not directly cash out with a large amount of money. We will get a big profit, therefore we have to cash out in a way gradually and little by little. For example per month we may be able to cash out 0.1 BTC or maybe less than that, for example 0.001 BTC.

I don't really know on what scale are your funds estimated but no matter what amount you're trying to sneak in , it should be done in parts .
You should divide your money into fragments or parts dispersed on several accounts and wallets , and try to make isolated deals with several people or traders in order to keep your self under the radar . Small amounts won't be a good idea since you'll be paying lots of fees so you'd rather go for bigger amounts / longer time stamps .
Try to make deals where you get your money in cash since it's untraceable if it's not coming from the same source , but you should be aware of bills falsification cause that's pretty common in countries where corruption is deeply rooted .

The truth is, if you haven't successfully sold and withdrawn your profit, you haven't actually made millions, you only have a potential to make millions. Bitcoin's price is still very volatile, so crashes and dips are very much expected, the only questions are when, how much and how long.
Converting big sums into BTC is really not an easy task. Electronic money systems are monitored, so if you'll move too much over a short time, you'll quickly attract regulators and in corrupted countries there's a good amount of risk that they will try to literally rob you. So, be very cautious with your moves and don't make any hasty decisions.
First, you have to start caring about your privacy - use ToR, VPN, and other methods, don't talk about crypto with anyone, including friends and relatives, delete all mentions about crypto on your social media accounts, etc. Start exploring your local Bitcoin communities - your best bet is to exchange Bitcoin for cash via a personal meeting - but this is risky due to possibility of getting robbed or scammed by counterfeit notes. There are many-many details about converting Bitcoin into cash, so do your own research, no one can describe everything in one post, so I hope I've pointed a good general direction you should be looking for.

The title of the thread should have been how to encash as your question is nothing else other than this. Anyway, you could simply sell the coins bits by bits without letting anybody doubt on you. Diversify the amount into 3-5 wallets and then find sellers who could give you cash in return for the coins. Encashing large amount takes time and you have to be patient while doing the process. You could also make multiple deals at once but then it involves risks and you have to take care of everything. Have everything preplanned and be ready to face any situation.

Agree with you, live the life what we have when we are just starting in crypto world so that no one could recognize the changes you have in life.

It's depend on your government policy , as long as it's not against the law, you can still own or trade bitcoin without being fear getting jail.
Example : my case . I can still do bitcoin trading and convert my profit into fiat. I've done this over 3 years and until now !

The thing is people get wealthy every single day and I do not see how the government can just keep rolling down on them every single minute trying to question their wealth as long as they are not doing anything illegal or have any proof to state something illegal is being done.

I do not know the level of corruption in OP's country, but governments already know a lot of elites are being created with bitcoin and if that is your source, and you did not get it illegally, then why try to hide from the government? Just my thoughts though, after all, bitcoin is being taxed in some places already.

We consider Bitcoin as our new found wealth and we must share it to others and introduce them the advantages of having Bitcoin as a living and we must also thank god because he introduces Bitcoin to us

I believe that Bitcoin is our new found wealth because many people are very thankful to bitcoins because when they learn about it and they join the campaigns it helps them in their everyday living and they consider it as a blessing

our new wealth can be used for many good purposes...firstly to realize our desires, secondly to take care of the needy and also to continue investing in order to be confident in our future

Well I can only say that this is just a wonderful and blessing per se system wherein we are one of the early workers who discovered it, and one of the best things that we can do is strive harder here so we can be profitable in every way we can.

I do understand your situation. Being under a government who's goal seems to be burdening their citizens with heavy taxations can be quite overwhelming. You don't get to enjoy the fruit of your labor because what you receive at the end of the day would be less than what you're truly worth it to have. I guess I myself invested in Bitcoins because I know that what I gain here, I will receive fully without any tax, without any other aspects hindering me from enjoying it.

With regards to staying low key in converting your Bitcoins back to cash, I guess the easiest way is to do it partially at a time. The government will have their hands on something they can benefit from quickly. So I suggest that you only cash out what you need and do it at a timely basis. I think this can be quite tedious, but at least you won't attract the government with your actions and with your money.

Is the idea of crypto not to be anonymous - Yes.
In my country you can transfer a certain amount of money to a bank card and at the same time remain unnoticed by financial monitoring. Also you can order an offshore card

Sad but true,, even we ourselves are law abiding citizens of our homeland the government officials with obvious corruption problem makes as a worst person.. We committed tax evasion for a reason that is valid because we don’t trust the one on power.. Even I have the same sentiments with Op,, I live in a country that corruption is widely known but hopefully would change soon.. If I were in that scenario,, divided bitcoin profit of millions to my love ones bitcoin wallet is the fastes and safest thing to do..

I think I know from where are you and I think we are form the same country as well. Lolz.


I have same concerns and I have solution for this one. No I'm not having million but I might be getting one soon. So the thing is, we can either file the IT returns at financial year end along with the transaction of bitcoin conversion to fiat under some business or under some online income source. Check under which circumstances you are free from the tax payment slot and if you see that viable way then just the income coming from that way.


There are many ways you can hide the wealth you get from online but I'm advising you that you should show at least 50% of that income via tax payments. You will be off the under radar surely. 

So you're asking for advice on how to launder money so you don't have to pay taxes on your financial gain? Seems like a smart and totally legit thing to do! Take your windfall and go legit, pay your taxes or risk jail. The trade off there isn't exactly equal. Any exchange not keeping financial records is not an exchange trustworthy enough to use. Trying to structure your transactions to avoid any type of reporting requirement is going to lead you down a bad path.

Nothing man, just do it the normal. Take the money out and pay the taxes. If you do that then you are safe and ready to move to next trade. If you earning that much money then obviously it will be noticed by the government immediately once you cash it out into the bank as fiat currency. This is serious matter on the frontline and you should never skip it.


If you keep it white business then government will keep it straight for you as well. What will happen max? You will 10/20/30% of the slot depending upon the money you have got. Nothing hides so just don’t try to hide and keep it growing.

Not all people who do ask regarding big transactions doesnt mean that they are already money launderer or evading tax but just have the worry on taking them out specially on bulk amounts. Knowing that money cant be only be gained on those ways but also we can possibly make large sums on trading or just by simply holding an altcoin and being pumped up x1000 or even more.In my situation if i do have this case better to take it out gradually.

If you have some kind of money transfer establishments in your country that are affiliated with your wallet as cash out option, I think this would be safer compared to bank deposits. Coz these establishments almost has nothing to do with the government since they are private. So you can check that out...

Splitting millions of money nowadays is much easier compared in the past because of our new develop cryptocurrency. This is the power of the blockchain technology which protects the identity of the user, so I suggest that you can please your friends or relatives for help to split your money thru making digital wallet so that your money will be divided depending on how many you can count on.

We must use it in good ways. Proper handling of wealth we have and sharing the idea to others in that we can help each other to change life and the way we live. Have enough investment and keep it for the future use and future gain. The price is good enough to hold because it has more increase day by day that can give more profit to everyone.

This is useless if you want to buy anything meaningful, mostly real estate. If you want to buy a nice $500,000 house, you can't expect to ever go under the radar. So there's no way out but to pay your taxes. You can stay under the radar if you get $300 bucks out a month or so to help at home with paying bills, but forget about going higher, and again let alone real estate purchases.

If you want a house, you must pay the taxes, there's not a single decent country on the planet that will you do otherwise, that's why you must try to keep a track record of the origin of your bitcoins, because you must be able to prove you obtained them legally, otherwise they will take them from you and you will never be able to buy real estate.

There are lots of things one can do with their newly found wealth m, and for me? I’m looking forward to venturing more into electronics, cause that has been my family business.

So I plan to expand it to a whole new level. Another thing that draws my interest is farming– Seriously I believe one can make a lot of money if they buy a huge plot of land and start up a farming business with it. I have seen lots of people who became millionaires by becoming farmers.

Keep some of your money in a hard wallret. At the same time make several investments instead of putting your money in a bank. Or open up a few bank accts from different banks just to keep your money scattered

Bitcoin is popular for its anonymity so no one can track our transactions but currently we can't use raw bitcoin for everything so we need to convert it into fiat for our needs.So we can sell our bitcoins in some exchanges to get fiat but we need to pay some taxes if we are converting a big amount of money,because banking transactions are limited in all countries.If you dont want to pay the taxes you can open an business class banking account so the limits will be increased.

But I am suggesting keep your bitcoins as it is because in future we don't need to convert into fiat we can pay everything through bitcoins so convert only little amount of bitcoins into fiat.

I am sure even the government of every world now should be aware of the new wealth being created. Unless you do not want to create unnecessary attention to yourself, as long as you know you can state the source of your wealth even when converting to fiat, then you should not have any problem.

However, things are changing and over time, you should be able to do huge transactions with bitcoin without having to convert into fiat. That is the essence anyway; after all, I bought a house in an estate recently with bitcoin. So, imagine having more of that.

As you said like if you have made millions using btc try to cash it in your own family members accounts rather than trusting on friends or outsiders.Its better not to cash everything as it will result in getting huge amount as tax or try to cash the amount in the bank account which is away from your home country so that you don't have to pay huge tax.There are several other options so that you don't get tax that is by withdrawing it as small units of cash or start a business or split your investments.

So many people jave been waiting for the bitcoin to reach thus mile stone for a really long time and in theorey all those people who have been saving thier coins and slaving to be able to get them for quite some time are going to cash out thier fruit of labor and paitence, but my geuss is after seeing how much bitcoin have progressed this year and they were able to get more than 1000% profit from it they will not even think about using it , instead they will probably just save it, and to be honest i don't blame them, so what are we going to do with our new wealth ?, the awnser would be nothing.

you need to grab the bull by the horns and embody your ideas in life, while bitcoin gives this opportunity...it is not known how long it will be able to give us such wealth...so we need to act now

You won't have a problem as long as your government doesn't have a law about having a million worth of bitcoin/cryptocurrency. But if something exists and it says that you earn a lot of money from an unknown source and you need to pay tax for it then you really have to do something about it.
So why not just think in advance and try to encash your cryptocurrency or bitcoin slowly?
It is like money laundering but the difference is that you got your wealth from a legal source.
Just don't make a big change in your bank accounts so that the government or the dogs of the government won't smell you. You will be very appetizing for a good amount of tax when they found out that you suddenly have a million wealth.  ;D

I would say having a wealthy living can create good lifestyles and every financial will be solved that changes everything what we have. Investing a good businesses which is demand in the society to continue financial support. Security funds for future purposes of each memeber of the family. Lastly, helping to those in needs since having a good wealth is blessings from above that needs everyone to share and helping by having different outreach program that needs in the society.

In the way of making millions your find your way to laundry such an amount of money.

Since you are talking about a lot of money, in my opinion you should comply with your tax authorities, I know it sucks but it is better than to live your life looking over your shoulder, look for a lawyer and an accountant and explain the situation to them, if they are good they are going to find a way to minimize your taxes and then go forward, pay your taxes and enjoy your money without worries.

Splitting into parts is really going to be one stressful move to make and depending on how trustable these people are and the money you are really holding, it can be crazy.

All the above, it is still a method and trying to stay outside the radar of the government without creating attention, any stress would be worth it. I really do not see much of a concern though as long as most government will end up taxing bitcoin transactions to fiat eventually anyway.

Depending on your country I would recommend to just meet your bank and tell them what you did and what you want.

It is always better to just tax your profits and live with a bit less than keep it all and have to worry all time and might go to jail.

Ofcourse we will use it for good. Bitcoin is future money that's why I will use it for my future as well as the future of my family. All the expenses of my family is I am the one that will pay and I will provide all the things they want such as food, clothes, house and lot, cars and especially gadgets so that they can also play bitcoin. I will look for other business that I want to purchase to continue gaining my own money. I will help the poor people to have a better life. Some people says that it will pay taxes then I will do it too to help the government.I will save it just for any emergency might happen.Keeping my money in my bitcoin wallet is safe that's why I am comfortable within. And I will share my wealth to my family to make them proud. And I will continue doing bitcoin so that it keeps my wealth.

That is a solid point. And with some P2P exchanges like localbitcoins, this is something that can be achievable instead of making use of the direct exchanges that is being controlled by the government.

I really do not see a challenge here as long as one is not doing any shady deals to get the bitcoin and the good thing is that all your previous transactions and dates can be tracked by you to give explanations of where your wealth came from just in case it warrants any questioning.

We can have so many things to use bitcoin to. Some of these are good and some are bad. We all know that all of us use it for our satisfaction such as new things that we don't have in the past but after this so called 'new found wealth', we are able to attain it, we are able to reach it. But also on the other side, there are criminals who used it to bad things and we don't know what are those. Maybe buying slaves, killing people and others. But the good things is, it will help us majority that needed it for good.

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. So you can not guess

Save it for the future. Invest it or put it in many basket. Don't put it in one account as it may be questionable by the government and might ask you a large fee.

For the mere fact of staying in a corrupt country points to the direction as to why you must stay under the radar because the moment law enforcement agencies got wind of your luxurious life style, they just conclude that you are doing something illegal and use that as a means to extort you. Its even much better in advanced countries all you need to do is to pay what is due to government and you are good.

In this case, what I would suggest is to do a gradual conversion not more than what you will need and try invest in other areas instead of spending everything that could attract attention.

Heres the things you should consider ;

Cashing out Million on 1 transaction would make some noise. So you need to strategize this : *If you divide it's parts before converting to fiat it is still affected to change of prices here in crypto industry. *Limitations on which site are you converting. *Banks have the rights to know where your funds came from so you'ld lose your anonimity.

The wealth is bitcoin for me, and I am doing very well with it. I very hard working with bitcoin and bitcoin give me very high benefit at the time when I was needy. I am doing love with my new founded wealth (bitcoin) I worked hard with bitcoin and earn a good amount every week. So keep work hard with your new founded wealth (bitcoin) and it will give a good amount every week.

I have the same question and am trying to find the way out. First decision is to split the amounts between different banks accounts when you sell your crypto for fiat. I'm thinking about using virtual cards like Payoneer. Anyone knows anything about them + crypto?

There should be a proper investment strategy for this crypto market. It should not be because of the strong growth of the market and the use of all its assets to invest in it, the crypto market is so small that it is vulnerable and influenced by many factors. That will affect your property if invested improperly.

Here in my country some banks a hindrance to received cashout from online currency like bitcoin. Because they are keen on those illegal activities doing from an online. So the best thing to do with your wealth is when you cashout or convert into fiat with limits daily.

Breaking it down to small transactions would be an option. It's going to be a tough call depending on which country you're in. There are banks who would be more than happy to blow the whistle on you should they see a sudden spike in the money that you're putting in and getting out.

Well that was a  great idea and i believe that is really safe and i think we should also reffer  to invest it to make it double so that we can really help the people that has really a dissability and we need to be more helpful because this new found wealth is really just like a blessing that come in our way without a prior notice it is just like a surprise that anyone can really be amaze by the huge profit that we can really get through it.

The main reason for every investment is that in the end, we can reap our success in cryptos and if you are living in country where there is no regulations or law concerning bitcoins you can cashout without any problems but in a country where cryptocurrencies are being regulated you definitely cant.

I'll keep it as a treasure, i won't waste any amount of my new found wealth, i will spend it wisely and make a small business from it

I agree with you, look for trustable people and make use of their accounts too, so has to make it light and not draw anttention from the government or other bodies of law.

if you live in such country thats should not be a big secret how to turn it around. those involved in corruption in your country have the same issues and manfge to live by smooth. read the newspaper after all ))

If you made millions and wanna cash it, it is better to cash it out partially and not in a same region, if you could manage to have some connections in different countries and regions you could easily split it on 10 or more parts and cash out in different places by giving them their percentage. Or the best way would be selling your btc to people and take their cash but it would be a long search and you would have to find many people/

I am sure that also in your country there are companies like pwc who give consulting for businesses and guide for the tax system and I am sure they would know and help you in every step of it in a perfect way.

   If you have such wealth,a millions and you want to encash it,i think you should do it little by little. But if ever you cash out your million,the government will find a way and do invistagation about your wealth. So,maybe much better if you follow the regulation of your country even if it is corrup,then pay the tax they need and then you can transact easily without fear and doubt. Or if you want share your blessings to others or you can ask some of your trusted friends,families and relatives to help you,send them any amount so,they will encash it in behalf of you.

I will surely invest my new found wealth, save and help other people specially to the poor. I know theres always a purpose in everything we have in life so we need to share and influence other lives in order to make it better also. Spend wisely and put up a business so that theres a return on investment afterwards. Need to work harder so that what you have will not just disappear like a bubble and look for some means that the money you have will grow and become profitable in the future.

I will surely invest my wealth in a fastfood chain. In my country, fastfood is very popular and has become a daily food for everyone because it's convenient and fast. I think I don't have to worry about if my investment gains profit or not, as long as I invest in a fastfood chain that is popular like Mc Donald's or Jollibee. In that way, I am sure that I will not lose my new found wealth in just a blink of an eye.

Our new found wealth should be kept as a confidential matter, since there is a big possibility that as soon as our government knows about it, they might ban it or they might put taxes on it. So, we have to keep it as a secret.

If you earn millions on bitcoin, and wanted to re-invest it on something else, like house, car , or to some other potential property, you will really have to convert it to cash first, since the purchasing coverage of bitcoin is still limited in some countries, get ready also in paying taxes and fees for that to avoid possible tax evasion cases. You have to be wise on every move that you are going to make for your own security reason. Just be fair and do the right thing.

new users today consider that the price of Bitcoin is a huge soap bubble that can smile at any time. Although we have not yet reached the maximum replacement rate for Bitcoin, so today there is a sense of investment.

Well first of all blockchain technology cannot be truly anonymous by definition. Secondly if you are planning to convert millions all at once I doubt you will be able to do that all in one country and under the radar.

I en-cashed 12K USD in my country which is pretty much a huge money. The bitcoin company asked about where I got my funds and hold it until I provide details about myself from drivers license and passport. I have no choice but to but they advice me not to withdraw all at once they were suggesting to withdraw it by a hundred thousand.  I guess I've be flagged if I withdraw more than 500K PHP.

Its always in my mind to buy a farm for myself and farm some lemons and corn as my father was a farmer.

I would do it like mention above to split it but i would cash out small portions to another account. Use the account of your family like your sister or brother so they won't notice you had billions of money. I would not cash out billions as they may suspect that you earn your money without government behind your work. As i said don't withdraw too much money. Keep it for yourself and your family in order to cash out your billions of money. Hope it helps.

As of now, I am sharing what I do have right now, although I don't have much money to save for as long as I do have money to share to my love ones or to those who deserve to bless is much important to me than being the wealthiest people but my heart is not satisfied. So, I am just giving back what I have received when I have nothing, and just sharing what I have now even for a little at least I am satisfied.

Better to invest and save at the same time, let your money work for you and not you work for the money. And whilw you do this, don't stop bitcoin

Starting at now, I am sharing what I do have at the present time, despite the fact that I don't have much cash to put something aside for whatever length of time that I do have cash to share to my affection ones or to the individuals who should favor is much imperative to me than being the wealthiest individuals yet my heart isn't fulfilled. Along these lines, I am simply giving back what I have gotten when I have nothing, and simply sharing what I have now notwithstanding for a little at any rate I am fulfilled.

Have you heard of LocalBitcoins? Find someone with nice reviews on it and exchange your bitcoins for cash. Boom! Now no one has a way of detecting that Mr. X has Y amount of money. Just try to not make big purchases with your new money as thats the only thing that will put you on the radar.

With the new wealth, I'll plan in such way that some part of investing in the bitcoin as well as in the ethereum. Remaining for the shopping and other things. But investing in the bitcoin again increases the wealth that's why bitcoin.

Honestly if I were you, I would take out enough to live for a couple of years and then leave the rest in crypto. It sounds a bit risky and it is but if crypto stays, there is no reason in a couple of years all those funds won't be spendable easily worldwide. At that point you won't have to worry about government taking your money, you will just pay taxes on your yearly expenses which won't be absurdly high. That is what I plan and hope to do, time will tell if that is a possibility or not.

With my new found wealth i am planning to pay allmy debt and the morgagre of house and lot the remaing money will be save for the school fees and the childrens future. My dream is to purchase a land and construct and manage a big store.

So if that happen example that you have so made a million of asset in cryptocurrency and you live in the corrupt country and you dont want that your government can identify all your asset,first things you can do is to withdraw an enough money to travel abroad and migrate your family in the other country thats not corrupt and used that your wealth in other country,so that all of your family will become benefited in your asset,because you can do that because you dont love your country anymore.

It'll just be easy to withdraw it in parts unless if your government has regulated bitcoin and cryptocurrencies for you will surely got noticed when you do the withdrawal transaction. Once you have withdrawn it in parts, deposit them in different banks too.

Maybe it would be a solution too,investing into some good altcoins that will produce more wealth too.I would also do that but the rest i will entrust it to some of my family members and relatives in terms of making cash-out so it would not be an issue being traced by the government.Maybe we will go out of the country together and enjoy our vacation there.Then back into our own country and made some businesses in the real world managed by members of my family.

But, what if you are rich and you have a corrupt country? they sure to question your wealth and intends you to pay bigger taxes, and If I were to be one of the richest I will save that money and share what I have.

I think we don't have to withdraw a big money to our bank account at the one time and only withdraw from our daily life and buying our daily needs. and I think they will not think that we can get an income from bitcoin because we are using another service like localbitcoin to cash out our bitcoin to fiat. I think if we can act like another person then we don't have any problem with the taxes and even if we should pay the tax, the amount is not too big depends on other people which is rich.

Something I havent looked into too much yet because I have not earned
a wealthy sum from crypto but what I have in my mind is to set up
a NUMBERED BANK ACCOUNT and simply transfer some converted
crypto fiat there.

http://www.offshore-specialists.com/product/numbered-bank-account/

Your question makes me to think as I earned that much. But if the time happens that I made millions, I will be strategic enough to cash out my bitcoin to fiat little by little in a monthly basis. For this reason, there is no need to have an investigation or suspicious transactions that enable the bank to report and investigate where the transactions came from. Aside from this, there are companies and some financial institutions accepting bitcoin payments, maybe we can have business with them like buying their shares of stock or investing with their company.

If I will be given the chance to have that wealth, I will give it back by giving or sharing my blessings to my less fortunate fellow. Because I believe I am blessed to be a blessing to others and it will be a great help to those people who suffering from hunger. Much better to give help to the end user than to be in the hands of a corrupt government officials as what you have stated above.

It is not truly anonymous, a privacy is not fulfilled as we expected.

Hmm. I guess most of the people who have always been into mortgage and some form of debt will have some freedom at last.
It is a good thing to be able to do this since at least one can start catering for one's future.

The way the government has been able to put us all in bondage is to always keep living a life of loan, which a lot of people thought was good but in the real sense, it is just the crazy world we live in with some people taking the money while some people are busy living the life from spoon to mouth.

then he might be problematic about the encashment if he takes your advice.the problem is HOW TO FIND A RELIABLE PERSON OUTSIDE HIS PEREMETER WITH NO THAT TAX POLICIES...because for sure since ENTRUSTING is what you recommend then SCAMMING is what he will facing from that

This is a great idea of helping people whom in need. Continue doing help to others, so that new found wealth will leave a good memory to the mind and hearth of others who benefited it. thanks

Absolutely yes!if we are lucky with our new found wealth,as a result of your effort become money,spread it into different banks to make it sure that can't reveal into the government and other portion of it is to save with your own for the future of our family and build a long term business.

I make smart investments to maintain the wealth. I Think about opening an individual retirement account or a brokerage account.  I plan on investing in private business opportunities, to know how much i can allocate towards those deals without putting myself in a financial hole. One of the most important things that i can do when i first start making big money is to find a mentor who can give me advice on how to manage it.  Find someone that is not making money off of me to get financial tips from so i can avoid the pitfalls of money mismanagement.

That is wiser than saving it in a bank account, as per me I am spending wisely with this kind of what they called new found wealth, I have already a small business it came from my earnings here in forum and through small time trading, at least now I do have something I can call my own business but it is just a small time business.

interesting thread, I wish I could retire but I went in way too late and have to admit that I am in red instead of having made any profit :(

For a beginner, a new found wealth must be organize like a new school supplies in an opening of the class. It must be first be ideal to monitor the in and out of how your money cycle, goes in or out to and finally be very visual in handling. Have the most critical mind that be able to solve how money works when being allocated to. Have the list of priorities to less periorities so that you are very accountable to what was being loss or gain.

It depends on your plans for the future. It would be risky if you'd just hold it your entire life. If I were you, I would convert some of it into cash little by little so that the government wouldn't notice it. I would be able to have a physical investment of what I have through my earnings for my future and for my family's security and assurance for the future.

My advice is to pay taxes so it’s all legitimate and then you don’t have to look over your shoulder hoping the IRS doesn’t audit tiu.

If I make a million dollars in my investments, I’ll gladly pay 30% to the government to ensure I’m in the clear because if you get audited, you are going to have to pay penalties if you didn’t report everything. I’m still going to be in good shape even if my one million turns out to be $700,000. I think they have people looking closely at this so just be careful.

I'd rather pay my taxes too rather than giving it all to the government if they have found out that I am not  paying tax at all, or go to jail because of being unfaithful or untrusted person, what matters for me is I still have something for my family.

You are right, if possible I will also do the same thing especially if there is already existing law on it. Why not? I will also benefit from it and my family when we need the service of public schools and public hospital. So, since now that it is not yet required then what I will do is to invest it as much as I can.

Actually the governments will ask you for to show them the source of your income if you will have that proof of income then I do not think that they will do any harm to your wealth. My government is also strict to the economy due to the current situation of money laundering but I often show them the sources of my income no matter it is from marketing or trade or any other thing within the crypto. I suggest you also follow that way and try to create a list of your income source then you will not face any problem while you withdraw your money through your bank account.

I think that you do not need to focus only on withdrawing your funds from the crypto currency into your bank accounts. Thus, money will stagnate. It is better to implement them in investments and the best this property. I choose real estate both commercial and residential.

Or rather take some part of it and invest it online to diversify the risk of leaving everything in crypto since with that you have some several streams of income and you can decide to keep investing into cryptocurrency in the long run based on the level at which you are able to invest offline and generate those huge income which I believe anyone with an idea and a lot of money should easily be able to come up with a good service to render.

Why the rush in taking all in one go though?
It is risky not only because it is illegal but also how assured are you that no one will steal it?
I would go for investing on multiple real estates, properties and assets just enough that the government would not notice.
Or just fairly pay taxes. You would be benefitted from it too as well as your people and especially the needy.

This is a good idea to keep it away from the corrupt officials. My friend has doing this to convert his crypto into a fiat, he uses his circle of trusted friends as a dummy accounts and send to them his millions worth of profits and now he has build his own house and having a livelihood business. There's a way if you have money.

No way people can keep making profit when doing business . there is always up and down in life . and regarding your statement about wealth . personally This why i dont really think about wealth too seriously, we will never feel success if we think about that more and only thinking had never bless in wealthy .

Investing your money in many multiple and different investments is a great choice so that at all times you will be making great profits so that even when one investment is not making that much money, you will still be making money out of the rest of your investments.

Lol. People are really getting to find a way to stay off the radar, but the truth is that for countries with some strict policies on cash, that may be a hard thing to do. And I imagine how low he will have to be exchanging all the time to be able to stay off the radar since the newly found wealth anyway was meant to help cater for some big things or possibly to pursue some of the things that one would have loved to get.

In a corrupt country, you can just start with a cover up by starting a little business offline, make sure you pay those little taxes and gradually take out to keep growing larger until you become a big entity and trust me, there is already a source and once you are big and successful at what you are doing, they cannot start asking you questions when you are living a good life as you will always have something to show for it. That way you can easily do your thing without raising too much attention to yourself.

if i were you, i would divide my money and invest in different online businesses. some parts i would give to my family members enough to invest for their own, some part of it donate to charity. of course limit them to none taxable amount. the rest don't just keep them in one bank , open several bank accounts for security purposes because there are banks now having issues. must be wise and be diligent as well.

having a huge amount of money of course will be a question for the government. it is true that blockhaind technology that does not have a central bank as a rotation and examination of the money we have will be detached from all taxation systems and this will cause problems to us who have the amount of crypto assets large enough to take advantage. I think the only way you should do is transfer your money amounts on a small scale and gradually.

There are so many people trying to get FIAT off their feet and turn it into crypto, why do you want to turn it into FIAT? To convert everything you own into FIAT, you can look to those who wish to save FIAT to Altcoin.

Travel around the world with the sexy girls doing all fun. At least I could try since I kinda like to do it from watching other VIP with sexy girls feels like good to be with that kind of scenario. That would be the best part and yet I still have also to consider my family to it like giving some shares if do have to give them also the opportunity to live life in an enjoyable way that we will be together. I guess that would be the best part to happen if given the chance. But then I do not believe in an easy way of achieving it. I should have doubled my efforts and I will not expect also in return so as not to let myself get down whenever things goes wrong.

put it in the bank,then make a move on how to go in a business then help the poor people,make a project to community to help people who are unemployed.

First thing to do, give your tithes and offering to the church, then save, then spend the rest to the things that you need, only the things that you need, don't spend it in accessories and some stuffs that just make you look rich. Try starting a business with it so it will double up when the time comes. Invest on something you know will that will grow when you work on it.

Probably if the situation in the country is so critical, it is a good idea to transfer crypto into fiat. The other way out is to change the country - why not?

A cover up indeed, I feel you anyway, because in countries like this, anything goes, nothing is monitored and if you can have those cover ups and the financial crime agencies kind of try to lay some attack on you, you can have something to show them as the source of your income.

Nevertheless as long as there is no issue with cryptocurrency investment in your country and you pay your capital gain tax when withdrawing to fiat, I do not see this to be a problem, unless you are just totally fed up with dashing your country too much funds to steal.

There are lots of things you can do with your newly found wealth, you can invest it back into cryptocurrency or use it to invest in an offline business. Whenever I withdraw my profit from Bitcoin, I usually invest a percentage of it back into cryptocurrency, another percentage to my offline business and the rest goes into savings. Even if you don’t have a business of your own, you can find a place to invest.

None of the bitcoiners are going to sympathize with you. If you sold your Fing coins you deserve to pay taxes. Now, evading your taxes is not a good idea. If those coins ever touched an exchange in your name or are somehow tied to a fiat transfer that you did in or out then the jig is up. So just think of it as a charitable donation where you are doing your part to society, in case you were considering donating to charity.

My plan is to pay my taxes and keep a semi modest lifestyle so i simply am not obligated to work for the next 20 years.

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.

Maybe you can start your own business. Some will be use for investments. Buy house and lot then have it rented. Just stay in a low profile and dont be boastful so that others will not be jealous. Help the needy and for social responsibity help finance out of  school youth.

Maybe you can start your own business. Some will be use for investments. Buy house and lot then have it rented. Just stay in a low profile and dont be boastful so that others will not be jealous. Help the needy and for social responsibility help finance out of  school youth.

I hope one day he will not end up being nabbed for this. Although stuffs like this can easily be dome where there is no strict law and everything easily goes without much monitoring.

Try it in places where everything is highly monitored, then your friends may also have to explain how the strange amount hit their account as well as you. In such places, I would just implore payment of tax and then diversifying into several businesses offline while not forgetting where you started from, the crypto world in the long run.

Probably maybe because I have been a huge fan of real estate investments, I feel that is a very good option. At least, with the newly found wealth, you can just pretty much diversify into a lucrative investment and that would keep bringing in more as you keep investing over time in cryptocurrency.

It takes slight opportunity in hitting that wealthy man spot and if you are smart, series of investments should always come to mind first.

Yes, agree it's really a good option to invest in real estate so that the government would not pretty much notified by your hidden wealth if we can earn that millions this year. So i just hope that the government in my country is not corrupt government official and just be favorable in the sake of his people.

You will earn millions of bucks and you want to evade the government with your hidden wealth?
Sometimes when you had enough too much money, it is leading to you become greedy and wants to violate some policies.
Regardless of the country you live, corrupt or not the decision will still depend on your hand.
Just declare that you made millions with crypto and start another business through that money.

Well what I want is to stay low profile. I will re-strategise to keep a low profile, be careful in withdrawing. Check what is the maximum amount of money to be withdrawn to be not detected. Because this what I want from the start, low profile on my new found wealth. Then add a investment to stay on low profile.

Hm, that is very hard to achieve. I would recommend you to be very careful with your intentions. Each country has their own regulations concerning the cryptocurrencies. Some are more strict and in other, you can bypass the taxes without suspicion.

Taxes will come to you one way or another!

If you really want to exploit the means of the retrieving the crypto assets to your financial account try only to withdraw small sums of money but actually the best way would be Bitcoin ATMs.

That is always going to be the perfect choice. At least with that, you will always have different places to place as the source of your wealth if you do not want the government to have too much eye on your crypto life and with that you can also spread the risk and keep making more money.

The essence is to always allow what you have to work for you rather than just keeping it as that would give birth to more as you keep having established investments.

Well if I will be given a chance iwill do the same.i will continue investing in Bitcoin.a way of helping and promoting bitcoint to grow and give other a chance to earn  as well..

Saved it for the future of your family.. or invest it in a business or buy a vacant lot , because it will have a higher value someday if you sell it..

I just keep my new wealth, and wait the right time and I spend it. I just invest new house, cars so my life became stable. And I also share my knowledge about what I earn today. Sharing is good to everybody. More sharing more blessings you have.

When the bitcoin goes sky rocket high, then its time to cash out those coins. Either spend it for insurance of your loved ones or use it so start of your passion business. You could also keep it for emergency money. What's important here is to not spend it in gambling or waste it.

I think, much better to divide your wealth and invest some to different areas, split your savings ang keep it in different banks most specially donate to the charities and the poor for it is a blessing from the Lord, God gave you wealth to bless the needy because you were once a needy.

Simple, use it wisely. Only important thing or the most needed thing you should buy to,because money easily disappears.  In my part, I will buy it house and lot and create a small business which can help my daily needs, and also I will continue to invest bitcoin again and again.

which you do first can set aside a little profit for you to do business crypto again, so that future can get bigger profit if price rise, secondly you can fulfill your own needs first like lifestyle or home requirement, after that last you can share to the more you need your business will always make a profit, you do not worry about the government because the crypto business is not tied to anything, so the government can not do anything when you get a big profit

If ever i have made a millions in crypto and i want to encash it then,i will do it little by little or maybe encash weekly to avoid conflict in the government.And probably transfer some of my money to my family and donate to charity or give help to the poor people. I want to share what ive'd got to bitcoin.

It takes a good time to achieve the same thing, because you need to limit in the withdrawal if you want to remain anonymous,
There are banks that will be very happy with you, if they see a sudden spike in the money you enter and exit.

As they say, do not have a hundred rubles and have a hundred friends. Now you need to have reliable friends so that by parts you can divide your wealth and they can transfer it through cash in cash.

If I made millions here, I spend half of it on investments. I will invest on ICO's and some stocks on the market. The more investment, the more chances of winning. The other half will be used for my personal needs.I will buy the things that I want to buy first, things that will make me remember how I worked so hard to obtain that kind of money. The remaining money will be saved for my family needs. I don't want to go back being broke.

Yeah many related issues with bitcoin and corruption. That is not a good one
But to think when a goverment have some regulation on it and make especialy the gov employe. Need to track the bitcoin flow with one thing to seeing and control bitcoin for the goverment

It is noticeable if you encash a large amount so it is better to divide it into small portions and ask for some of your trusted buddies to encash it for you. If you dont trust anybody then you encash it once or twice a month but it would take time.

If you have a new wealth then you should take care of it and only do good decisions that will help you grow your wealth because wealth is not easy to find because it needs a lot of time and patience before you can completely reach the time that you will be having a lot wealth. Be good in decision making so you will not regret at the end of the day.

If we are really rich in the new world of crypto, we have to live simply and go on to make money with crypto. Do not give up this way..

It is a complicated situation I had imagined once. the best solution, also the hardest to do, is to find some one face to face who will buy your cryptos wallet account in gold amount. I think this way will put you and your wealth under radar. is it possible to do !?  ;D  ;)

Your idea about the cover of your transaction is highly unlikely to go unnoticed. Governments are even more connected with the crypto trading and they are tracking the transfers between the crypto and FIAT.

Governments are even limiting the crypto exchanges and trying to take control of them.

If you try to get under the radar then I wish you the best luck but I would personally report my taxes no matter how big amount I am cashing out because sooner or later I could be tracked and billed.

Move to another country where it is safer and start encashing your bitcoins there. If like you say, your country is corrupt.. so even if you sell to others face-to-face, when you put the money into the bank, you will still draw attention to yourself.

If you have made millions, you should sell a bit to buy that airticket to another country and encash your crypto there. Live in the safer city if you can too.

The crypto is the wealth  8)

I think it depends on how much you want to cash out.  If its a large amount, make sure to discuss it with a lawyer and an accountant to see what you need to do to minimize taxes. 

There are service providers that will allow you to get a loan against your crypto which is not taxable (at least in the US).  Check out Salt Lending if you are interested in this approach. 

You can also look into doing a private placement type transaction.  Check out IBC (International Blockchain Consulting) which offers an OTC Dark Pool for high net worth people where they help people buy and sell large amounts of crypto. 

I would be careful about using family or other 3rd parties since it could be considered money laundering if you intentionally structure the transactions to avoid reporting the transactions.  If you are in a corrupt country, they will be more than happy to throw the book at you, send you to prison and steal your crypto so please be careful doing this. 

I would highly recommend speaking with a competent attorney and accountant when selling large amounts of crypto. 

If you really have made millions with your investments what is the point of going through all the trouble of trying to hide that fact, declare your income pay your taxes and forget about it, no amount of money is worth to spend a single day in jail, even if you were able to somehow avoid the taxes you will live all your life in fear thinking that the government is out to get you.

Do you really believe that limiting the withdrawals will allow you to remain anonymous? :D It doesn't matter how much you withdraw and deposit it's all there in the history of your account and will remain there for years. If they start digging they'll get to you, whether it's today or in 10 years. The only way to stay anonymous is to not use the banks at all. You want to buy something, do it directly for crypto or sell crypto for cash.

Exactly all your banking history is going to be there and you will be unable to erase it, but even using bitcoin directly is not going to be enough after all we have the same problem with bitcoin all the history of transactions is there for anyone to see so you need to find a way to never link your identity with the way you spend your bitcoins.

Good question. There are many people who are making fiat money. If you are going to withdraw money from banks, you should not withdraw a large amount of money and not like everyday but once in a while. If you are afraid of taking that risk, there is the black market. People are interested to buy a certain currency with the exchange of another currency. Most of people are doing that. But then again, you should not trust anyone because they can be cops in disguise.

Hmmn, staying outside the government radar or any suspicious questionings is simple! You can build up gradually; withdraw into the fiats in a gradual pattern. I will also advise you try set up a physical business/office as a front to let people identify you with something too.

If you are worry about the government looking at your money as an illegal way of earning it then you can convert some of your coins to fiat slowly and cash out monthly so government would not recognize that you are holding a huge amount of fiat or cryptocurrency.

If you have such wealth,a millions and you want to encash it,i think you should do it little by little. But if ever you cash out your million,the government will find a way and do invistagation about your wealth.

So you're telling people to start a business so that you can explain receiving money and withdraw small amounts in a way that doesn't raise suspicions? This is the very definition of money laundering! Walter White also known as Heisenberg had a car wash for that reason. And not only him
https://www.newscastic.com/news/straight-outta-breaking-bad-abq-car-wash-owner-sentenced-for-money-laundering-2901231/

With the introduction of the crypto currencies especially bitcoin, this world has seen a major change and that from now onwards, the dynamics of the world will start getting change and that you can expect the crypto currencies taking over the other paper currencies and thus can help this world in becoming a better place to live and that it will also affect the economy of the entire world in much positive way.

There are numerous individuals who are profiting. On the off chance that you will pull back cash from banks, you ought not pull back a lot of cash dislike ordinary but rather every so often. On the off chance that you fear going for broke, there is the bootleg market. Individuals are intrigued to purchase a specific cash with the trading of another money. The vast majority of individuals are doing that. Be that as it may, on the other hand, you ought not believe anybody since they can be cops in camouflage.

Let say you are one of the lucky early investors in cryptos and maybe you have millions by now. The question is how could you actually convert it to fiat without being robbed by the government itself? Actually this is a hard question to answer until today. It will be up to you if you have your strategies regarding cashing out your bitcoins to fiat. Since we do not have really a choice but to convert it to fiat and enjoy your profits, you must know all the possible ways to sell your coins.
Time will come that bitcoins and other crypto-related will be regulated, I think by that time we have nothing else to do but to pay fees and taxes. For now, I suggest go peer-to-peer with your rich colleagues. That would be the safest way without any fees.
Or lowest fees by remittances. Take time cashing out your money, like for example, a maximum of average amount every month. To avoid too much attention from the government. It is just like you are having monthly income.

in my opinion , best thing to do is to invest and invest , then the time will come the return of your investment gets higher specially you know that bitcoin is really real and returning the investements double just be wise in exchanging it.

If I to invest and the rest for saving

In my opinion the best thing to do is to divide your money into two. Half for crypto then another half for FIAT. Then after that separate your asset with your trusted friends and relatives.

Great idea, most of the people really doing that personally I, saving fiat for our daily expenses and for emergency purposes and saving some for the the future of my family since this is a great opportunity that should not take for granted no matter what.

There are always some rules related to the wealth, because it can be of different types. If this is an asset, then just keep the asset as it will be going to give you the profit in the end, if it is saving then just save it so that you can have it at the time you need it and if this is just extra money you have in hand, then invest it in the crypto currency so that you can have good return in some months from now.

My friend doesnt encash it at once. He distributes it in different wallets and sends it to the exchanges for fiat and then send to his different bank accounts. He also encashes it using money centers and hold the cash at home, he is not putting all in the banks for it is taxable. He bought vault and place his money there  :)

Actually, it is a poor reflection of on the development and progress of our society when the primary aim of many people is simply to get rich. And many of them believe to achieve it not through determination and perseverance, but through some speculation.

Well, what I can think of is split the earnings between trusted people (immediate family is a must here) or probably have at least 3 bank accounts to transfer it to. I haven't done that yet, though. Come to think of it, I might try and find someone who has then get some ideas from that person. Gotta admit, there are a lot of good ideas in this thread alone.

If you have that much money do not withdraw one time for security reason. Only the primary member in the family should know that you have the amount. But assets like house and lots or start a small business. Provide trust fund for your children. As a community service help the poor do feeding and give scholarship.

business people need speculation to succeed, besides being disciplined and diligent in reading situations, as long as there is a chance i think it is a good time to start, sometimes they think about risk behind

There is no way you can withdraw, if thats what you say, bitcoins or convert it into fiat without being known by the government because even your wallet restores data and history for your transactions. Remember the japanese guy who withdraw millions from bitcoin ? Huge amount of money will now involves bank and banks probably are connected to the government.

Sneaking a great amount of btcs without govt notice can be proved harmful. Better you should pay what the neccessary tax is

I just hold and sell only when needed. Thi is a bad idea since when bitcoin reach almost 20,000 dollar last december I did not sell. Now bitcoin is at 6,000 dollar plus. Though I did not regret but its not a good strategy.

Getting underground to avoid detection and danger from government? You're like a person running away to something that will chase you for lifetime but not really that serious. KYC was made because of these and government really needs to know the person cashing out their cryptos into fiat to know the person behind all the cash transfers around the economy in case a disaster happens and they can trace it in from the documents provided by the suspected person doing the offense.

Once you earn millions, you won't have any problems, including with the government.

One of the ways to do this is to transfer to wallets of relatives and take sash from them. But there is still some risk of getting caught as someone may report you.

Is it really that difficult considering the anonymity factor provided by bitcoin when transacting due to its decentralized nature? Well if you really want to be safe, I prefer conspiring with someone who has also the same problem as yours and talk your way through it. You may also ask people around the forum regarding trading bitcoin via paypal in order to at least mitigate the risk of the government finding it out. Like you mentioned, you may also transact or convert your bitcoins slowly, but this may also leave a negative implication when the government investigates the transaction.


The truth will set you free! Like what you mentioned, just pay the necessary tax related to cryptocurrencies to avoid any future conflicts with the law or the government since once they investigate and find that you have been illegally transacting without paying the legal fees, you may be reprimanded for it.

What you are doing is simply a crime. If you use btcs be proud, youre not a criminal just cheer

probably this negative phenomenon in the field of crypto currency is already known everywhere, But no one has yet figured out how to control the crypto currency, in order to avoid being used for criminal purposes. Money laundering by criminals, as well as in the financing of criminal organizations, can all be done with the help of crypto currency, without being detected.

You need to be very much careful while dealing with any of your money and that you need to think very well before investing that money anywhere.

It is because of the reason that if you will not make the proper use of that money, then you may not be able to earn more money and that your goals will not be achieved. You need to do lot of reading before making any final decision and that before investing of your 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 probably do what other people do when they have that kind of amount of bitcoin. I will also invest it again to gain more profit while the half of the money that I cash out will turns to a business that I know that not have been made here in my place that can make more income in local business and online business.

You wanna say you will keep your each time's profit n the system only? Are you mad just withdraw it every time then no tension

As what others always say, it is better to divide it so that government can't trace the transaction and I think it is the best way to do it. Also, we can always find a way as possible as we could because some banks will be wondering where we get that huge amount of money in just a short period of time. Moreover, your idea seems great because you care about the people around you and hopefully that will be successfully done.

For me, I will keep my extra income so that I can use it into my future or in case of emergency. In earning money into the crypto world, you should know when you will stop buying or selling and just relax or keep your cryptocurrency because into some issue like dropping session of some cryptocurrencies value. When times I profit a huge amount of money I divided it into some parts, but it depends on my current situation.  :)

I like to do good deeds. If one day I have a lot of money then I will often go to work as a good. When I do these things, my soul is very comfortable. I like to watch the orphans be happy,

Just keep it in different wallets and withdraw at certain different interval and as and when required.

If you make that much money pls i would request to donate just 1% of your income to any charity pls for feeding poor people

If the amount of money that you want to cash out is very small then staying off the radar will be very easy no one will prosecute you or anything just for a few hundred dollars, but if the amount of money that you want to withdraw is in the millions then that is going to be a lot more difficult and even if you were able to cash out without anyone finding out if you begin to spend your money that will bring attention of the tax authorities.

There's no problem on converting your cryptocurrency back to fiat because that is the first reason why you are investing on bitcoins but you will only having a hard time if your country is banning bitcoins and they will not allow cryptocurrency on your area.

Well, that's a really difficult topic, I should say. If the goverment is really strict with the taxes it may be really difficult

That's my problem too if ever I got millions to cash out. The government will definitely know if a certain person cashes out with that huge amount, so better divide it to people you trust. You'll send them money so that they will cash it out for you.

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.

You're really playing with fire trying to avoid paying taxes on gains.  You may not agree on how much taxes you have to pay, or what they go to, but cheating the system isn't the way to go about it.  If it comes back to you there's nowhere you can really go to avoid the wrath of the government.  Pay your taxes.   

That aside, I plan to invest everything I earn into more investments.  I hope to create something that has a residual income in some way, and then continue working resources into it to grow my residual income.  It takes time but once you get a few things like masternodes working for you it really starts to pay off.

The best thing to do with our new found wealth is to take good care of them by guarding them safely and invest it to another investments to grow it and gain profits , if you have develop this wealth and got bigger ,then you could spend them but spend them wisely that it will not ruin the wealth that you ever have.

I would work as many as I can, use all the opportunities I face and aggregate some money for the future...who nkows what will happen to the cryptoworld in future.

Sounds like your asking us how to launder money. I can't  answer that question, but what I can do is tell you about the alternative, the best option would be to create a ledger of all of your crypto transactions, and pay your taxes at the end of the year. That's the safest bet, as your asking members to incriminate theirselves by giving illegal advice.
   Therefor , this is how one avoids waves by the government and regulators my friend,  by working with them through compliance.
It's a fight you just can't win! "Give to caesar what belongs to caesar!"
Just my two cents, I don't mean to offend anyone.

I agree the author of this topic seems to be looking for a way to launder money safely without having to deal with the government. A difficult request for help. With the existence of such problems, I become thinking again to approve invite to crypto because it can make us avoid this kind of thing.

yes true with newfound wealth then we with some of our property must be set aside for the needy

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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 :)

for me Earning from Bounties is just a limited time opportunity.. they way the ICOs turning into scam I am pretty sure these ICOs and bounties will collapse one day. people are earning good money through them as well as me too. but I am not spending my money everywhere. I am very careful about my wealth because if one day I lose this work then I must have savings to survive here.

it depends on your location. if you are in japan where cryptocurrencies is considered as a currency, well there is no problem with that unlike in USA where cryptos are considered as a commodity. my idea is to have a vacation on a crypto friendly country and there you find ways to exit your earned millions.

another thing is to have a business as a front. or donate to a bogus charity.

If i have to spend it, i will spend it wisely. I will build business establishments of any kind, and share some of those to foundations. On top of that, i will also invest on digital currencies that are very potential to give you 10x profit in the future.

A new found wealth is a gift given by Almighty God, and I believe that it has a purpose. We should be responsible in such a way we spend it wisely, help charities, give back to the society, help my family, and think of the future. Set aside a little for yourself to build a business or do trading and investment and let it prosper. Don't spend it to non-sense things that don't really matter and are just a waste of time.

Well if you made millions of dollars in crypto coin then it should not be a problem to hire an financial expert to help you in this situation. Even if the state is corrupt i go along the idea that it is better to have a god night sleep then to have all kind of threats.

to telll you honestly i dont have no idea what to do in this kind of wealth but i think the best way to do is just to take care of this new found wealth, but i guess this is Gods gift given by us so we should learn where to use it and learn to appreciate all of this.

The best way for the newly found wealth is be wisely in managing it. You need to think out of your comfort zone. Let your money grow and multiply by making another extra income or business. One of the best example is renting a house, or small market. Do not spend your btc in unnecessary things.

Place it on something that will make it grow. It is hard to work for it, so make it more valuable and do not spend on not important things because money can easily disappear if you do not handle it well. Wealth cannot stay when you abuse the use of it. Make sure that you place it secure but make you earn even just holding it.

Make a silent transfer of your wallet if you want to keep it for a long time. Things will get better and someday you will have to sell them. Keep in the wallet and keep the password carefully and always know how to get it out when needed.

Be humble of what youve got.Things are not permanent.Do not spend more than you earn.If thier are someone in need, give them your help.God will provide to those who are in good heart and those who trust.Our wealth in the world is temporary.Do not be greedy.

the best thing that we can do is do more saving to increase the amount of the money and send donations as a charity in the foundation for human, life, and help other people so they can feel some of our wealth too and we can share it with other people. don't spend too much money for something that we don't need and it is better to give that money to the right people that really needs. maybe it sounds cliche but trust me, if we do this, we can feel happiness in our life because we can help other people to feel happy too.

If I am earning millions, I would of course convert it to fiat so that I can benefit from it. Probably I would convert it when I already need it. But if my government would impose tax with that, then, I leave no choice but to pay for it. I believe, we need to be responsible to pay for the tax.

Exactly, there is no point in having so much money but being afraid of using it and having to look at your back for the rest of your life, even if we do not like it, it is better to just pay your taxes and move on, that way you can enjoy your new found wealth without any danger of being put into jail, no amount of money is big enough to justify to spend a single day in prison.

Preserve the new found wealth by not spending them thouroughly, even if the wealth is many , try to invest this wealth in another investment , if use and enjoy spend it wisely and have limits for spending, You will let this new found wealth also grow and gain profits so that it will not deminish and vanish entirely.

Got your point there bro. It is the en cashing that would create problem to us if we have millions even if we earned it legitimately. Usually here in our country, the perception of the people surrounding you is that you got wealth through illegal means if you don't have business. Divide it to people whom you trust so that no one will notice you.

Once crypto can be used as currency then it can be anonymous. But as of now, we are still relying on changing it to fiat so that's why it can still be traced back once you withdraw it from a bank or some other way.

if you have childrens, i suggest investing your new found wealth in providing your children the best education you can give. where nobody can take it away. secondly, invest buying properties.

I am not a great fan of going through such way but I am just concerned about holding my wealth and spending it without the approval of anyone else. On the other hand, there is a risk in hiding wealth from the legal authorities. However, one can always take the help of consulting an expert to reduce the tax by planning it in a legal way. There is a difference between tax planning and tax evasion and I would recommend you the first way.

Breaking it down to small transactions would be an option. It's going to be a tough call depending on which country you're in. There are banks who would be more than happy to blow the whistle on you should they see a sudden spike in the money that you're putting in and getting out.

Here in our country, it has never been an issue converting our crypto money into fiat because even we do it occasionally, or even daily, our government and banks do not evenly put tax on our transactions since it was fully funded tax free for the unknown reason but it is true because ever since I have been into exchanging my Bitcoin into fiat, in any partnership banks of my virtual wallet, zero fee is deducted from the transaction I have been doing and fully cashed out it for my own goods. In fact, they fully support crypto exchanging just like normal.

The best way is to withdraw in small chunks. I have a lot of friends in crypto who were able to withdraw all the money they've earned in crypto and was able to spend it to buy a house or even start a business without raising suspicion from the government. Take note, they are jobless and doing full time crypto and some are minors. So, if ever the government will notice their wealth it will surely raise suspicion and might things it's from illegal transactions.

We will hold this new found wealth and at the same time we will grow this wealth so that it will not vanish, If you have this wealth try to invest it so that it will grow more and will gain more , You can use this wealth but spend this wealth wisely  so conserve this wealth and grow more.

You are the same as me because our government is also a lot of corruption, but in terms of changing my bitcoin to fiat bank does not get my own taxes also do not know why, but if I buy goods or daily shopping would get taxes. What I fear happens suddenly is the authorities suspect the existence of illegal funds in my wallet.

Base of my experience, all you have to do is to find someone to trust with because a lot of money is involved in your talk. So it's a face to face meeting you sell it. To no hassle withdraw from banks. You also sell it with a discount so you can easily find a buyer of your million Bitcoins value. It is hard now that our governments are especially greedy. We're sure they'll make the case and take our money.

God gave us wealth for a reason. If you have that "much" of a wealth, you should invest it to bitcoin so it will grow. Then, save for your health because health is wealth and don't forget to share it to others. :)

In my opinion, we should share our experiences to other so that they will experience it as well most specially when it comes to income in trading.
We also need to share awareness to other people to that they will know what are tye benefits of having Bitcoin as part of our daily lives.

Convert your earnings through crypto little by little to avoid suspicion from the government. Here in our country it is also difficult to get all your income from crypto because the bank or even our local exchange can lock up your account if they see a huge amount of transaction. So, it is better to withdraw your money in a small chunk.

It is hillarious to hear, being a person who earned $100 in whole crypto carrier from a beginning, just waiting my profits.

If given the chance to gain a very big profit, I am going to invest part of it again. Some will be save for the future and some will be shared to others who are really in need. Or if it is so big to build a charity home, I will.

Well, I will not recommend any form of way out for I always advice everyone to pay his or her tax to the government of his/her country and in doing that government will have enough money to provide more social amenities for her citizenry. Trying to deviate from paying tax from your crypto currency earning which is a taxable income in your country is an offence against the law of your country, so is better you pay your tax to avoid trouble.

Sell it not as a whole, sell it a little by little so that you won't be charged by government. Here in my country the maximum equivalent and amount that you can sell for a day is around $8,000 but if you will comply and provide some identification and other papers, it can grow more than $25,000.

I have many plans to do if I've got a lot of it but the sad part is I only hold few of it.

I would suggest you make some staggard conversion of your coins into fiat cash. Make it in monthly bases so that your government will not question your transactions. Better look for local apps in which you can store ypur coins.

I am having though about your location since we are located in a corrupted country as well, but due to people accuse of money laundering and related cases about withdrawal of money without a source of income or work now own business, try to withdraw a safe amount monthly so you can avoid this cases as well, or just give tip to the teller so he or she will not make any notice or report to his or her boss

You really can choose any developing country and solve your tasks without government control because there are so troubles in tasks in such countries so they do not pay attention on high tech but you should understand risks and a way of money legalization

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.

Everyone deserves to be rich and abandon poverty, should all countries support that idea, cryptocurrency embraces decentralization so it looks fair and balanced, and I think to be rich with crypto is surely the hope of all users.

It'll just be easy to withdraw it in parts unless if your government has regulated bitcoin and cryptocurrencies for you will surely got noticed when you do the withdrawal transaction.

Well new found wealth can be a good feeling but what you do with the wealth is the most important thing here.There are some people who will use such wealth to spend in clubbing and other things that will not add more value to what they do.The most important way to handle such wealth is to find a very good business and invest wisely with such wealth that will go from generation to generation.Crypto is an example of good investment for the future.

First, we should preserve our assets well in advance of hacker attacks. With each new person's assets, we should save some. For the rest, we can turn to cash and invest in something that can be profitable, such as real estate. The rest, we can reinvest in the Cryptocurrency market with an expectation that our investment is highly profitable.

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.

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.

 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

well, may be you can buy gold. spread it to the person you trust.  :)

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.

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.

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.

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.

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.

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.

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.

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.

It is very difficult to remain anonymous.Now almost everywhere you need to pass verification

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.

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.

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

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.

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 .

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..

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

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

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.

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?

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.

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

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.

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

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.

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.

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.

Care is required in attracting or withdrawing your money. Because if your money is very much then it will be suspected by the bank dikarenak there is a strange source of your money from where. You may be able to dilute your assets in the bank slowly or gradually to make it less conspicuous.

Make a silent transfer of your wallet if you want to keep it for a long time. Things will get better and someday you will have to sell them. Keep in the wallet and keep the password carefully and always know how to get it out when needed.

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.

Preserve the new found wealth by not spending them thouroughly, even if the wealth is many , try to invest this wealth in another investment , if use and enjoy spend it wisely and have limits for spending, You will let this new found wealth also grow and gain profits so that it will not deminish and vanish entirely.

I am trying to create a crypto-related project by myself. The market is fresh and there are plenty of unexplored niches. That would be dumb not to use them.

Yeah, but it is not the case that crypto is banned in my country (fortunately). Instead, there are moves from the biggest local bank to implement blockchain technology. We just do not really have exact regulation for crypto as far as I know yet.

Is there anyway we cannot withdraw it to our bank? From btc to usd to local fiat currency, the only way we can withdraw it is to our local bank. Here in our country I think only 1 or 2 crypto companies are able to trade btc to local currency.

Nobody will ever dictate you on what to do with your new found wealth in crypto and it's non of their business anyway. Besides, it's even better to let others know especially those people who always give negative perspective to cryptocurrency for them to learn and realized that they are wrong.

well , if i will make millions out of crypto.. ill encash it by little by little amount, one at a time encashment...  or whenever need arises.. invest in business, then slowly put some of it in a bank... and ill remind myself not to spend too much.... hehhe

If you have new assets lf the bitcoin you should keep them more careful and we should have but safe wallet type as well as high security and it is important that we should trade the trading floor well.

Our new found wealth is already our treasure in the coming years,this can be kept safely in a secure and legit wallet,addresses and private keys doesn't need to expose too much because nowadays  hackers were everywhere that we need to be more vigilant inorder not to get victimize from other people that does have bad intentions.

I spend a little and invest more into cryptocurrency because I will accumulate more than expected when I invest with it.

Secure your wealth so that it will not be stolen by anybody nor scam. Do not be greedy, help those who are in need because good acts will be back unto you in a right time. Make that wealth grow by putting it into a business. Spend only for important things but not being selfish. Money is wealth as long as we are alive  but just reminding you it will be useless when we die. So do good to others.

I agree your point of view that thinking of helping others who are need because this will bring us much wealthier not only with money but also the goodness to the eyes of the people who are receiving our kind and cares with the new wealth that we achieved. Avoid being selfishness because there is no any good things that bring it in return to us.

Exactly. I think so. Each person's treasure is his own treasure. We need to take care of them and protect them in a scientific and intelligent way. Nowadays anything modern can happen, learn how to protect your treasure, keep secrets for yourself. Be careful and smart to achieve the goal.

It’s up to you to decide how you want to spend your money you’re getting from Bitcoin. If you have a business that you’re running outside of BTC then I will advise you to use the money got from Bitcoin to invest in that. Business to help it grow bigger if you believe it has the potential to bring in bugger income. Apart from that you can also invest else where, but be careful cause most of these investments turn out to be scam.

If you pick up new tokens, hold them for a long time. As such, they will increase because of the time it takes to develop the business of the coin. I should hold 6 months.

You can anonymously earn bitcoin, but here's the conclusion in fiat money leaves a mark. At the legislative level, there may be limits, restrictions, and identification in the country. In general, to earn is one thing, and the other is to be able to spend anonymous money anonymously.

It is really a difficult situation wherein i want to be also in that situation but reality says now, i am not. So, i think you should try to encash it little by little not as a whole. This will surely help you not to be traced by government with such huge amount of money.

I think if we want to avoid the government investigation, we can do like you said and I think it will be safe for us. I think many of us using this way to withdraw their bitcoin especially if they are lived in the country which bitcoin is ban so they cannot free to withdraw their bitcoin. but maybe he can use another way to use third party or local services from the people which are lived in the same city as him.

in my country, the forbidden thing is the use of cryptocurrency as a transaction tool, therefore I only take advantage of cryptocurrency and then exchange it with fiat currency so I keep using fiat currency as its transaction tool and not violate applicable law

yeah, that is also I am planning to do if ever I will be given a huge wealth here in crypto. I am planning to convert it in small amounts so that governments will not traced me of withdrawing big amounts.

do not spend it all. it would be better to start building a business. or invested in crypto again. in the future we desperately need this, crypto investment and also business. because international trade competition in the future will be even tighter. and we must be prepared to face the economic situation.

If I got to convert my Bitcoins into Fiat then I would try to give it to my friend who has a business and I would let him withdraw it for me. And it works well without any problems.

this is really useful, with blockchain technology we can donate directly to recipients and can eliminate the corruption in the future,
I personally expect blockchain money to be the world's solution to eliminating corruption totally

I will take good care of the new found wealth , and invest it to other business ,so that it will grow more , because if it will be docked then there will be no movement and no profits , you can also spend this new found wealth, but you will have a limitations of spend ,so continue this wealth to grow and gain more profits.

So sad. Condolence with you. I advise you to try to maintain your status, even if your country is not recognized or prohibited.
We all have a way to solve it.
Be strong.

The best thing to do with your wealthy is to slowly invest into something that will make you expand your resources just like business with different types of genre like online or physical store such as ecommerce.

Preserve it and utilize the new wealth we have found. This new wealth that Satoshi Nakamoto discovered will open the new era for technology. It will serve as the basis of next generation by which they can make a new one. People will dominate the universe because our technology keeps on developing by the help of blockchain technology as well as Cryptocurrency.

If you have new assets that are co-altcoin or bitcoin you manage it by storing them as well as you should put them in the wallet and the wallet must be safe and secure do not let anyone know.

you must withdraw a portion of your income so as not to get caught by the bank and the government. If you withdraw through a bank in very large amounts, you will be suspected by the bank and they will report to the government.

This question is sounding quite selfish, lol. You should not forget that on this Forum in the Circle of your audience there are many of Bounty Hunters and just those guys who are not having a success here being a crypto involved.

Sometimes the characteristic of individual will gradually change if they acquire richness. Its better for me to have something good enough assets as long as I Live happily together with my special someone rather than owing a lot of wealth without a real happiness in your heart.

We can help others by introduce what really it is. It can help a lot of people, its really good and great opportunity to help others by sharing this to them, and we must spread the blessings that's really a big helps to us. But first things first, we need to take care of it.

We should save for the future and help other poor people.We should also give to the church as an offering and appreciation to God because our wealth comes from Him.

It is a very hard situation if you'll be instant millionaire and how to do with it. Well, if im in that situation I will talk to my relatives or friends to encash the money little by little separately and invest it in business.

After having crypto in our lives, many of us experienced changes with our financial status, maybe not instantly but as we all spend time here, we experienced being wealthy again. We should all be grateful with the changes that occured in our life and keep on supporting it. Let us all appreciate the existence of crypto and keep on believing that it would take us further in the future.

Well i do think about it, just dont cash all of it in a one night, i think ill cash out a bit by bit for each day and maybe it will takes 1-2 months, after that i'll divide it into many accounts maybe i will ask my sister to help me to save my money :D its like a money laundry but after all i think its legal money, i just afraid with goverment to steal what i had been earn for a years.

I think you should really consider doing it legally because it can cause you many problems in the future, especially if the number will reach millions. and depends on where you are, but generally it will be easy if you just convert your crypto into cold cash with a face-to-face meeting. It will be difficult if you need to transfer it to the bank and trigger a sort of AML or contact your government about it. Only under the radar through methods that cannot be tracked like cash.

In my opinion, I think having million worth of fiat transaction is difficult for you to cash it in just a day or two. Maybe it is better if you would do it gradually, just enough amount in a day or a month, an amount that will not cause any suspicions from other people, or even from the hackers. When you get the fiat already, consider putting it in a bank gradually also or invest in in real estate or business.

Just been thinking also about this situations. There always this possibilty that you will be caught if you encash it in a big amount of money. I am not familiar or aware of this kind of law, but i know that tax is a must if you have this large amount of money. But in the end you will be inquest about the source of that money and you might have them the wrong impression about it. Most of the time, i just encashing it with a little amount, or putting it to my childrens bank account.

many ways for that, i think your business can be replicated, because it will make it safer. and i just added to keep investing in several exchanges, it made me feel calm

You should take care of it and only do good decisions that will help you grow your wealth because wealth is not easy to find because it needs a lot of time and patience before you can completely reach the time that you will be having a lot wealth. Be good in decision making so you will not regret at the end of the day.

The crypto is the wealth   8)

I think it depends on how much you want to cash out.  If its a large amount, make sure to discuss it with a lawyer and an accountant to see what you need to do to minimize taxes.

There are service providers that will allow you to get a loan against your crypto which is not taxable (at least in the US).  Check out Salt Lending if you are interested in this approach.

You can also look into doing a private placement type transaction.  Check out IBC (International Blockchain Consulting) which offers an OTC Dark Pool for high net worth people where they help people buy and sell large amounts of crypto.

I would be careful about using family or other 3rd parties since it could be considered money laundering if you intentionally structure the transactions to avoid reporting the transactions.  If you are in a corrupt country, they will be more than happy to throw the book at you, send you to prison and steal your crypto so please be careful doing this.

I would highly recommend speaking with a competent attorney and accountant when selling large amounts of crypto. 

I do investment with the found wealth and I accumulate them for personal projects and stuffs. Getting nothing but found wealth becomes also an additional money with no plans for it so I use them somehow a little.

Every type of account have terms and condition regarding the amount of money that should be withdraw or deposited per deposit or withdrawal. I will put that into consideration when withdrawing my cryptocurrency into fiat. I will not accumulate too much money in my fiat account.

What we need to do is just simply learning how to handle and manage it well without losing it at hand. It is necessary that we are earning something out of it annually. This wealth should grow it's wealth and we should know how to maintain having profit through it.

You can split it into parts. It's better to withdraw few little amounts of money than one-two big. Also you can discuss the question with a lawyer etc. You surely may fall under suspicions but if you know how to deal with it you'll be okay.

He distributes it in different wallets and sends it to the exchanges for fiat and then send to his different bank accounts. He also encashes it using money centers and hold the cash at home, he is not putting all in the banks for it is taxable. He bought vault and place his money there.

if you have a big income well spend it in a right way not to spend it in a nonsense way because its useless if you don't know how to manage it

When withdrawing a fairly large amount from the cryptocurrency , you can arouse suspicion , and the division into parts is the best idea, that would not be followed by questions from the Bank.

When it comes to finances, nothing is sure. You may be rich today, but tomorrow is another thing. Thus, it is very difficult for others to hold theor wealth, especially when it comes to maintaining, improving, and growing your new found money. And when we talk about maintenance, it means to gain more. You can never hold onto something that isn't stable, money is hard to earn but easy to lose. Hence, what I would suggest for you to do is to divide aor place your money in different places. You can save some in the bank, you can also put in a stock market, invest it in a new business venture, do franchising, and even continue working for the money that causes the new found wealth of yours.

This is not an easy thing when the bitcoin we have will be exchanged for paper money. The problem is, after being converted into paper money, the amount is very large. Fears are investigated by the government because a very large amount must be taxed. If exchanged little by little, fear of bitcoin prices going down. Officials in corrupt countries can do everything they can to achieve their goals.

I'd say that declaring your income and payi g your taxes is against the law and will invariably result in you going to jail. That being said, you can always find ways to lessen the amount of tax you need to pay, you just have to look at  your local tax. You can always withdrae below the limits but do it often and not on the same time or place.

You should split in small batches. You can transfer all your money to Binance and make USDT purchases. Each month you should withdraw a small amount, about 5% of your total assets. In addition, you can create different bank cards so the government can not control your cash flow.

When i receive new wealth from my clients and other some rent of  our family shops then i further invest in some other investments now i am interested in ICO for now the best crypto coins included Litecoin and Doge-coin and some ICO like Adab are good to invest in it.

I still believe that crypto is anonymous mate. Just be sure not to divulge the status of your earnings to anybody for safety precautions. I repeat, NO TO ANYBODY.
With regards to your earnings, i highly suggest that you make a new wallet. The number of your new wallet should depend on how big is your earnings. If millions, then make at least nine new wallets plus your existing wallet. Divide your earnings equally to 10 and have them transfer to your new wallets. If possible, trade them into different exchanges. This way, you will be invisible to any radar.

Just be enough wise not to be in a hurry to spend the money you get from trading or successful investing in the cryptocurrencies. Invest it in the crypto again better.

Take advantage of positive activities, such as charity and happiness for your parents or siblings. Most importantly, save it as a deposit for the future of children and families, such as tuition and health insurance. The remainder is used again for investment and bitcoin trading, so profits continue and can do positive things.

i don't think you should invest in just one field. we have to invest in several fields, can be invested in gold or property, or to open a real business, according to your wishes, so i feel safer