I am now a multi millionaire because of NEM XEM

[testerx]

You can withdraw 7k per day on Poloniex with level 2 verification and Coinbase will let you sell 15k per week.  Slow and steady as BTC rises.  I keep both of these pegged and my account balances stay the nearly the same from trading profits and BTC's rise.  ROFL.

Coinbase actually quotes a higher BTC price than Bitfinex.  Go figure.

You can sell a lot more than $15K if you have the right verifications and approvals on Coinbase.  I have a $250K limit on Coinbase for sales per week for example (I've never actually used anything even vaguely approaching that limit but they approved me for that amount so I could sell all my bitcoin at once if I wanted to).  If you hold a lot of bitcoin and have had an account for some time Coinbase actually gives very large limits once you do the KYC/AML stuff.  The only limit I have that's actually annoying is their stupid GDAX withdrawal limit but you can raise that as well-it's ridiculous that to transfer money between their own sites there's such a restrictive limit.

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[Klangburg]

I'm really new to the cryto world and it seems that it's the most insane way to get heavily rich these days by trading with coins like that.
But what I'm still not sure about is the question how do you cash out in real money after you've become a paper millionaire with your coins?
Do you need to exchange every of your coins into $ by selling it to others who take your offer? That means to me it'd take months to cash out or am I wrong with that?
Are there other ways to cash out?

the best way to do it is to find a private buyer. you don't have to screw around with exchanges and the money arrives there and then.

of all coins i'd guess only bitcoin and ethereum have professional markets like that. it's called OTC, over the counter. there are brokers who match the buyer and seller.

Ok. And what site do you recommend to sell at?

[Script3d]

i just fired up mijn old laptop which holds all the coins i had
my story is that i got nem for free, and all the other coins very cheap
i never sold a single coin.
i am now happy to have just discovered that i am a multi millionaire in BTC worth indeed...

god, why me?
thank you my friends! i will use this fortune well!

so how many coin do you have to be a millionarie now? i find it unbelievable that you didn't sell before the bull run, you need to take proof of that all everyone will just think that you are a liar

Wow congratulations..your story is an inspiration to everyone of us who are dreaming to become a millionaire someday thank you for your tips..
1. buy a laptop
2. earn some free altcoins or buy it very cheap
3. hold it for 2-3 years..  

it's better to do this with bitcoin though because other altcoin are very risky, and in 2-3 years you can have your coins worth zero long time ago

because he wasnt able to sell it because he didnt know the information of the coin is on laptop , i dont think he will give a proof , holding bitcoin isnt worth now unless you have shit tons of money its better to invest it on altcoin which is more cheaper

[umbara ardian]

Congratulations sir, you are a very lucky person, use this as best you can.

[wolf one]

XEM has a good news today,I think it's price would be more higher.

[Zer0Sum]

Congratulations sir, you are a very lucky person, use this as best you can.

Anyone who has been SKILLFULLY trading crypto for 3-4 years should be a "millionaire" by now (though $1 million is not what it used to be).

I say that because there are a LOT of people in crypto who just got lucky (but think they are smart)...
And people who luck into wealth almost always have it stripped from them in 1000 ways.

[TaunSew]

Congratulations sir, you are a very lucky person, use this as best you can.

Anyone who has been SKILLFULLY trading crypto for 3-4 years should be a "millionaire" by now (though $1 million is not what it used to be).

I say that because there are a LOT of people in crypto who just got lucky (but think they are smart)...
And people who luck into wealth almost always have it stripped from them in 1000 ways.

The dotcom millionaires and multi-millionaires are interesting.

A million dollars was a big deal back in the 1990s and if that was invested in real estate it would be worth a lot today (remember that real estate prices, in most areas of the world, have skyrocketed since the 1990s).  But the documentary I remember seeing was it said a lot of those dotcom rich kids (under $10 million) lost all their money in divorces, gambling and other big expenditures (reminiscent of lottery winners).

[European Central Bank]

Ok. And what site do you recommend to sell at?

depends on what coin you have, and like i said if it isn't bitcoin or ethereum then services like that might not exist. maybe google the coin name and otc and see what comes up, but check the credentials carefully.

[pfrtlpfmpf]

Ok. And what site do you recommend to sell at?

depends on what coin you have, and like i said if it isn't bitcoin or ethereum then services like that might not exist. maybe google the coin name and otc and see what comes up, but check the credentials carefully.

Thats all well and fine, i thought myself a lot about that, but when i buy a house, or a Lambo (i won´t) with it, they ask me again, where i got the money from. Snow-white kissed me, or what ?

Taxes are ok, but i could never reconstruct all my trades. No way. They were hundreds, if not thousands.
Allright, i paid into an exchange that much fiat, and got out of it, so and so much, but i did that from different countries, different exchanges. No way, i could  come to a clear tax bill.
What do you do, if you´re not average joe ?

[groko271]

I'm really new to the cryto world and it seems that it's the most insane way to get heavily rich these days by trading with coins like that.
But what I'm still not sure about is the question how do you cash out in real money after you've become a paper millionaire with your coins?
Do you need to exchange every of your coins into $ by selling it to others who take your offer? That means to me it'd take months to cash out or am I wrong with that?
Are there other ways to cash out?

You don't cash out $1mil  at once

I convert my alts/profits to btc, periodically move it to my local exchange and sell chunks over time. This is working and will continue to work imo.

[Russlenat]

I'm really new to the cryto world and it seems that it's the most insane way to get heavily rich these days by trading with coins like that.
But what I'm still not sure about is the question how do you cash out in real money after you've become a paper millionaire with your coins?
Do you need to exchange every of your coins into $ by selling it to others who take your offer? That means to me it'd take months to cash out or am I wrong with that?
Are there other ways to cash out?

You don't cash out $1mil  at once

I convert my alts/profits to btc, periodically move it to my local exchange and sell chunks over time. This is working and will continue to work imo.

congrats to you! Nem Xem instant millionaire.
They are right! don't cash out it at once.
Or you can trade it cash there's a lot of traders now to buy coins from money...

[samysamy1]

You are lucky ！I only earn 400$ in this big market,I am a student ,so don't have much money to join 

Learn how to trade and be patient

[dady12]

I am happy for you and this is a dream of every trader who want to make in living trading cryptocurrency,I am a newbie in trading but in am doing well ,I can tell you that I will be a future millionaire

[samysamy1]

Congrats on on achieving the bitcoin dream!

The "Bitcoin Dream" is getting rich off of a scammy Altcoin ?
hmm who knew ? 

Lets just say that everyone wants to accumulate bitcoin and are not fortunate enough to enter it at the right time so what they can do is invest in an alt that could give the profits and convert it into bitcoin and that is the only possible solution we got now  and with the price of all the alt coins rising,it is a win win situation for everybody.

If you keep the alts, you might be able to spend them with a visa card without having to sell and convert them to bitcoin.

[samysamy1]

.. may have all your Bitcoins confiscated if you can't prove they didn't came from crime.

if the op mined them, he just needs to go to the pool(s) and download a payment history (if pool still exists).

if bought, do the same, dl history from exchange.

How do you do that?

[deblue]

Wow congratulations good for you.

[btcmerich]

Very nice thread!! congrats, enjoy your money and do not spend them at one place. well you can if you are buying a house

All the best and good luck

[NavySeals]

I don't know how much NEM you're holding, but, without profit realization, the USDT value that you see on the Exchange does not make that much sense. You need to realize your profits.

[Nanda Dewi277]

You have answered and have given us proof that you believe and I think it is amazing for a coin that people may not have the future and is now a better coin.

[xiaohang07]

This forum probably has turned a lot of people from working-class into wealthy dudes with financial freedom.