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/biz/ - Business & Finance


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7930692 No.7930692 [Reply] [Original]

Yo fags,

Ive put some good money into crypto and I made some good profit, now I want to cashout some part of it and I live in a country that has no taxes on incomes but even with that I just dont want to go through exchanges because they are mostly US or EU friendly than with the rest of the world and of course there fucking fees and unresponsive support.

So how can I cash out lets say 200k without getting into trouble ? Is localethereum safe enough for this shit ? And after cashing out, there is a huge probability that if I want to put the money back on my bank account the bank will ask me where I got this money from. Should I invest it in real estate or some shit before doing that? Or I should be honest and tell them I invested into crypto ?