What to do with our new found wealth???

[michellee]

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 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.

[visionE2]

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

[knggtrrz]

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 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.

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.

[gowobonyok]

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.

[nicster551]

I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

If 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.

[billygarrison]

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

[Neraj Evad]

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.

[Visteryy]

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

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.

[weblouartisan]

I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

The 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.

[Roukawa]

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.

[Vanhoang2000]

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.

[Fujiati]

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.

[bitlind]

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.

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.

[yohan09]

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.

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.

[LeavingEden]

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.

[pokang13]

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.

[matthew1981]

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.

[Bitcoinbitcoin0909]

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.

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.

[indrakusumaindra]

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 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 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.

[Irwandho]

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.

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.