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23977773 No.23977773 [Reply] [Original]

OK. So, how tf do we cash out assuming we all make it (we will btw). I'm not even worried about taxes I just want to cash out nice and easy. where can we do this other than cuckbase?

>> No.23977787

>>23977773
You can't cash out. We just do this for fun, like Monopoly.

>> No.23977797

>>23977773
you wait until you can get your stuff with your coins

>> No.23977804

>>23977787
I guess that makes sense. I knew we were all just larping anyway :(

>> No.23977843

>>23977787
what do you mean?
I get donations in Bitcoin and sell them peer-to-peer
we don't have cuckbase nor any exchanged allowed in my country anyways
BTC is my salvation

>> No.23977877

>>23977773
cashout? anon...

>> No.23977891

I use gemini am from nyc

>> No.23977985
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23977985

>>23977797
This is a safe bet, but i just want to take care of my loved ones with my gainz. They wont have any idea how to use these monopoly coins.

>>23977843
Can't wait for you to make it fren

>>23977877
y-yes, I cant wait to put my money back into depreciating assets.

>> No.23978026
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23978026

>>23977985
I won't
Had to cash out because hyperinflation
hope YOU make it fren
HODL on
your thoughts are much appreciated though

>> No.23978171

>>23978026
Don't count yourself out yet; Goodluck in life. I guess i'll continue my research. Thanks for the help and replies so far frens. see you all at our yacht parties.

>> No.23978234

>>23978171
based and wholesome
I wish you the best brother and I will attempt DCA again once shit settles in
last tip that might help
don't you have a BTC atm or localbitcoins available in your area?
less fees afaik

>> No.23978426

>>23978234
sadly no. I live in a very rural area, so things like that aren't really available here. I have heard about "debit" cards that you can already use your crypto for, but idk if they're ready for actual use yet. Suppose doing more research on those is a good starting point.

>> No.23978506

>>23978426
>o
my friend in France uses them
if I understood correctly the card sends fiat to accounts when you purchase groceries etc... and they take really small fees when converting
imo if you can barter crypto for Gold it'd be nice
fuck fiat, take it from me
you can lose your savings in a day, look up venezuela, Lebanon, Argentina

>> No.23978566

>>23977773
You obviously do not use Coinbase unless you want to pay thousands in fees and have your account reported to the taxman. The best regulated fiat exchange is Coinmetro. They have the lowest fees and best support by far.

>> No.23978597

>>23978506
yeah I remember reading about those crashes. Shit's crazy and can easily happen to the U.S as well. Gold and other digital assets will most likely be the safe bet.

>> No.23978655

>>23978566
based and information pilled. I'll look in that direction first. sadly i bought on CB and sent to an external wallet so i'm already on "the list", but like i said as long as i can get out quick and easy and switch around to other investments i think ill be ok in the long run. Unless the feds come knocking on our doors for our private keys that is.

>> No.23978776

>>23978597
yeah Im in Lebanon and lost over 80% of my life savings because getting crypto was way harder before the crash since we're blacklisted
but yeah imo 20% gold, 50% crypto and fuck all the rest real estate or 401K
good luck brother

>> No.23978841

Does Greyscale accept third-world face to face meetings?
Are IRL meetings for selling 50k-500k worth of BTC safe? should I cash out 500k in one go or 50k each time?

>> No.23978959

>>23978776
smart smart smart, thanks for the luck I'll be sure to keep your words in my mind when i make it. I send only positive energy your way.

>>23978841
IMO selling in increments seems to be what most anons agree upon, but I'm unsure of what the tax implications on multiple sales that large would be as opposed to a single cash out. As for the irl meetings maybe if you keep it all in a very public space it will be safe.

>> No.23978961

>>23978841
you have over 100K btc?
holy fucking shit that is based as fuck
but yeah I'd cash it out in small pieces
in my country anything over 1k usually involves a couple of friends together so they don't get robbed lol

>> No.23978977

>>23978841
why not use LocalBitcoins?

>> No.23979038

By the time the next bullrun happens more exchanges and banks will have crypto buying and selling options - banks want to make money like everyone else and so will adopt crypto services. Of course if use this method you will obviously have to pay taxes. I am just going to pay taxes because im too paranoid and lazy to bother with any convoluted tax evasion schemes

>> No.23979081

>>23978977
THIS LOCALBITCOIN ITS P2P.

>> No.23979122

>>23979081
YES IT'S WHAT I SAID WE USE IT IN LEBANON BECAUSE THERE'S NO OTHER WAY
JUST AS MR.NAKAMOTO DESIGNED IT TO BE
HODL ON!

>> No.23979176

>>23978977
The rates in my country are terrible, these assholes buy BTC for 8% cheaper. That's how they make money.
And if I dare to deposit in one single bank account anymore than 4.9k in one transaction it will report me to the government.

>> No.23979232

>>23979176
the entire process is so infuriating

>> No.23979301

>>23977773
A lot of gold dealers take crypto

>> No.23979328

>>23977773
Use a stablecoin...unironically I think the Binance one might be safest

>> No.23979332

>>23979301
Will add to my notes, thank you for the helpful response.

>> No.23979351

>>23977843
>y-you can totally cash out
>l-look i traded with my friend for food
anon, thats not cashing out. you just bartered with a friend which is possible but cashing out is still not possible yet.

>> No.23979385

>>23979328
This is also very helpful, thank you for being informational sirs.

>> No.23979665

>>23979351
no it's more organized if you will
we have telegram and whatsapp groups
since it's 3rd world and not a lot of people already have access to USD due to inflation and simply being illiterate, it's not that common but there are over 200 "verified" bitcoiners if you will
and there are a couple of whales that made money in, well let's just say unconventional ways

>> No.23980123

You cash out into stables and then wait for next crypto winter while cashing out small amounts for your necessities and you do it all over again

>> No.23980177

>>23979301
Isn't gold also illegal to own and cash out of in most countries?

>> No.23980179

>>23980123
classic plan, this may be what I end up doing.