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.
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. |
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I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
For you to be successful in trading, you really have to be patience and have the courage to make decisions wisely for you not to regret anything in the future. What you need to do is to avoid panic selling during the downfall of the value of what you are holding. Be patience and do not fear to take all the risks. Be willing to wait for you to get a better reward. |
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I have come across a post on facebook where a user have been deliberately selling drugs that can abort a baby. She even have packages of aborteficient medicine depending on which trimester the expectant mother is currently in. This incident have stirred up many netizens on facebook.
Are you PRO or ANTI abortion?
I am an anti abortion and I strongly disagree with it. No matter what the reason is , abortion is still a sin. It is still a way of killing an innoscent life that is given by God as a blessing. We must actually be thankful for it because every child is a blessing. It would be too selfish if we would sacrifice a child's life for our own reasons. Abortion is against the law of God. |
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Just imagine, how precious is the time for your life? What a valuable time for your financial development. You have the possibility to become a rich person if you try to manage time in a very efficient way. An hour for you could be equal to one month for others. When you waste an hour, you're wasting a month's time for someone else. Therefore, arrange yourself in such a way that can really take advantage of time well.
The quality of time you have will elevate you to better financial condition. If you value time, then time will also appreciate you. Therefore, the English proverb says "Time is money", which means time is money. Pepeatah has a tremendous meaning, which will change your life for the better. The price of your time is the same as the price of money yo
Every person should know how to value time because we could turn in back no matter what we do. We should value our earnings as we value our time for work. Time is precious as well as our life, so it is better if we know how to manage and balance both our time for our personal lives and our time to work. Everything should put into balance since we only have single life to live. |
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Are you going to pay taxes on your Bitcoin profits?
Suppose you make a million dollars. Suppose you have already made a million dollars. Are you going to hand half of that cash over to the government? Of course, this is assuming you convert your coins into federally recognized cash. If your only intention is to amass a huge supply of Bitcoins, the question does not apply to you.
You're supposed to pay income taxes. It seems rather easy to get away with not doing it, though... at least in this case.
If it is a justifiable tax, I would pay my responsibility if it is my duty. In our country , most of our income is being taxed. Though it is against our will sometimes, we can't do anything agaisnt it but to follow the law. If were not going to pay taxes we'll be required to pay higher debt. So if it will be implemented, we'll just follow it. |
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Does technology favor the young! Do you think we need younger lawmakers to translate the language of cryptocurrency.
Yes ofcourse, I believe so. Younger generations are more exposed to the advancement of technology since it is a part of their growing generation. They are mostly born with technology. It favors the younger generation for it is their weapon and their advantage against the poverty in this generation. |
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Hey, as you know already from the title, I'm new to Bitcoin, I would like you to help me by telling, where to buy, when to buy, where to sell, when to sell, things like that. Important: I'm 17 years old, some methods may not work if I don't have 18, and that's what I have noticed. I hope you can help me get started.  Edit: Thank you guys, your information is helping a lot, I already have a wallet, feel free to help me  1KnWzEdJgAmE3rB3Xax8sDfydnikguxrhhIt is good for you to start at an early age to save better and to earn more. However, there are things that you need to learn before you start trading or investing. There are also useful tools for you to use to gain more knowledge about it. Try to read and watch videos or articles that would be useful to gain wisdom about bitcoin. |
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Depressions and low self-esteems are one of the reasons why there are a lot of suicide cases.
I think the number of suicide increases because most of the people who are experiencing depression isn't that strong to overcome it that leads them to suicide. People are too emotional these days and mostly focus on their problems rather than solving it. They are hopeless and think that they can't do anything about their problems. We should do something about the increasing number of suicide and those people who are experiencing depression needs help. |
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It is know that bitcoin has made a few millionaires, but many of these people donīt have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Yes ofcourse, they all deserve it. They all worked hard for it before they have their wealth. It takes a lot of patience and hardwork before we achieve the things that we want to have. They exerted efforts and did what they can to get a good profit. Also, they took a lot of learnings to gain knowledge abouy bitcoin. |
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First of thanks for every suggestion. I slowly over the years became a smoker. I became aware of my addiction. I tried quiting several timer, but every time I would come back to it and smoke even more.
I tried two things so far:
1. Fully stoping to smoke
2. Gradually reducing
But it backfired every time. How did you stop?
To quit smoking, you must motivate yourself to push harder emotionally and physically. You must have a mindset that is ready to avoid cigarettes. Better try to replace it by chewing gum or candies or try to reward yourself everytime to get rid of it. Think of the wellness of your health and the future of your family without you, I think that would help you motivate yourself. |
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http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? Kids nowadays love to play and enjoy simple things as kids that would make them happy. However, it is also necessary to teach them business like bitcoin for the future. But I believe that it would also be hard for them to understand what bitcoin is because even adults are having a hard time understanding the whole concept of it. I think it is better if we'll teach kids about bitcoin at the right time. |
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How about if there's a subject added in school
For crypto trading?
I think it would be hard for schools to have it as their subject. I believe that business related subject is already enough to gain knowledge that is applicable in trading and investing. Bitcoin can be learned alone as we did so no need to have it in schools. There are ways to obtain knowledge about it and it would also be hard for kids to have it as a subject. |
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Do you think Bitcoin can help out of school youth to finish their studies or not?
For me in some other way yes it will help . It will help young people to gain insight on how to earn money and how to value the money they earn. But it may also be the reason to them for not continuing their studies because they earn already a lot of money on bitcoin..
Most of out of school youth of these days who knows about bitcoin have it as a source of income. It is good that at their young age, they would be able to support their financial needs. The negative thing about it is that, some of them don's focus on pursuing their studies anymore. Education is a must though we have bitcoin because it is not permanent. |
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This is in the news today...  Clearly Bitcoin doesn't have a gender problem - women use Bitcoin too!!! Nowadays, women usually get interested in trends about fashion, make ups and show business but luckily, some women pays attention to bitcoin too. Those women are those who have passion for reaching their goals to secure a sustainable life. There are women who actually excels in trading and investing which is unusual but admirable. |
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It has been almost a year already since I decided to stop using facebook. Tell you what, It feels great not seeing all these showbiz personalities, the faces of these stupid politicians, the drama etc...Would you quit facebook?, just try it and I assure you of one thing and that's "Reality".
It depends on how you handle and use your social media account. If you only use it to read and watch news, you'll just get stressed for fake news and videos are everywhere these days. I think that it is better if we'll just use it to communicate with our friends. Better use it to get in touch with our loves ones. |
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In the next year ETH will overtake BTC as the number 1 cryptocurrency. I would unload your bitcoin while you still can.
I think it would be hard for etherium to overtake bitcoin. Bitcoin has passed all the test of time so I have no doubt that about the value of bitcoin. Etherium is also volatile and may change it's value anytime just like bitcoin but it's too hard for eth to rise like bitcoin. It needs to prove a lot first. |
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why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
I believe that people agree to pay taxes because it is said to be our obligation. If we disagree with it, we can't still do anything against it because we might face different consequences. The government put taxes in every products the we consume no matter what our financial status is. As a member of the society we are obligue to pay taxes. |
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Can you share this experience?
If you say yes, what the project was it? Why did you believe in this project?
Unfortunately yes, I have been scammed in so many ways through couple of times and it really gave me a lot of disappointments and even thought of life as unfair. I have thought that life has been too playful that I even lost my earnings because of those scams. However, the good thing about it is that I've learned from it. I've learned to be careful next time specially if it involves money. |
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
I think comparing the profit of bitcoin from those illegal jobs isn't appropriate because bitcoin is a decent investment. Honestly, earning much money here isn't easy if we don't have much knowledge about trading and investing. It will take a lot of learning before we have the profit that we are aiming for. We need to do research and studies first if we want to earn good profit. |
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Check out my YouTube video where I dive more in depth : BREAKING NEWS KFC is now accepting Bitcoin, and Smart contracts might be legally binding!Is this just a bucket of chicken, or a bucket of publicity stunts? You will be able to buy a bucket of chicken in Select Canada KFC's. However you will have to order it online using Bitpay, and have it shipped to you. Cost : Around $20 + $5 shipping + Taxes + Any other blockchain fees What do you guys think about it? Well, it is a good news for us bitcoin users because most of us really love eating at fast foo chains. I've heard that mcdonald will also be accepting bitcoins as payment and it really amuses most of us because we can use our earnings in bitcoin in restaurants and we can treat the whole family and even our friends too. I'm hoping that one day, we'll be able to use it in more transactions. |
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