What to do with our new found wealth???

[sana54210]

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.

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

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.

[1714656541]

1714656541

[1714656541]

1714656541

[1714656541]

1714656541

[1714656541]

1714656541

[omar bakrie]

The wisest thing to do with the money that we are making from bitcoins is to further invest most of them back into bitcoins so that we can earn even more profits as a result,  we will keep doing that and thus keep making more money.

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

[Indai24]

The wisest thing to do with the money that we are making from bitcoins is to further invest most of them back into bitcoins so that we can earn even more profits as a result,  we will keep doing that and thus keep making more money.

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

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

[johnalyn]

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.

[bendingappaloosaH]

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

[Semaj123]

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

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

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

Any help will be appreciated.

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

If you 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.

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.

[jakoylantern]

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. 

[JaxxBoll]

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,

[Indiast3]

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

[SoundChariGrabs]

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

[Silberman]

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 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.

[laracastvue]

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.

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.

[Elseye]

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

[Dannaey]

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.

[michellee]

The wisest thing to do with the money that we are making from bitcoins is to further invest most of them back into bitcoins so that we can earn even more profits as a result,  we will keep doing that and thus keep making more money.

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

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

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

[cheeseandcrackers]

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.

[ngano ba]

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.

[bizarro]

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.

[chaoscoinz]

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.

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.

[eduvacation.net]

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.

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.