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Author Topic: What to do with our new found wealth???  (Read 2733 times)
Koenraad Lange
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November 06, 2018, 04:05:48 AM
 #401

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.
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.
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November 06, 2018, 04:44:35 AM
 #402

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.
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.

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.
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

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