If you make a significant amount of money in cryptocurrency and try to withdraw it in cash, banks will likely inquire about the source of the funds, especially if it's a large sum like 100 million. For example, if you consistently sell USDT (U) and accumulate around 5 million in your account without withdrawing, the bank may contact you, possibly offering financial services like insurance, trusts, or VIP accounts. When selling USDT on platforms, you risk dealing with "black money" (illegally obtained funds). If you encounter third-level black money and it’s not a huge amount, your account might get frozen for a few days. But with large sums, your account could be frozen for months. Second-level black money could lead to a six-month freeze or even confiscation, and in some cases, authorities may pursue legal action. If the amount is smaller, a 10% compensation might resolve the issue, but with larger sums, the consequences could be more severe, including jail time and restrictions on financial activities for five years. If you're selling USDT at unusual prices, for instance, selling for 7.5 yuan when the market rate is 7 yuan, you could be suspected of illegal activities. It’s essential to avoid buying or selling USDT at suspiciously high or low rates, as this could lead to charges related to concealing illicit funds. To avoid legal risks, it’s advised not to use platforms or deal with unknown merchants for selling USDT. Cash transactions are especially risky, as they may involve black money or even put your personal safety in danger. If you’ve made a lot of money and want to withdraw it, a safer approach is to work with someone you trust. Typically, they would give you the money first, and you would transfer the USDT after verifying the funds. It's important to avoid taking money from accounts with frequent suspicious transactions or ones where the funds haven’t been deposited for at least three days. Stick to normal, personal-use accounts. #Btc
Now i love trading because of patience. Being Greedy is the worst nightmare in result. Thank you for the advice guys. Having always a stop loss in every trading is the way to success.
Yesterday was down Only little, but today is a good day! Thank you for the strength! From 10usdt to 151usdt! 2 weeks of trading. Guys please follow me. Everyday i will post how much i earn and lost.
Hello guys! Every day i will post my ups and downs. I will start in a very small amount. Please guide me and be with me until we reach our goal. Our goal is get rich! I take recommendations from experts in the comment section. Thank you! This photo is 1week from the day i start. From 10usdt
🚨 CRITICAL ALERT: SAFEGUARD YOUR FINANCES NOW 🚨 DON’T RISK IT ALL ON CRYPTO! Recently, someone came to me, excited by my trading success, and said, "I'm thinking of putting all my earnings into crypto!" The excitement is real, but so is the risk. Going all-in on crypto can quickly turn your hard-earned savings into a rollercoaster ride with no safety net.💡 Smart Tip: Diversify, don’t dive! The crypto market, while full of opportunities, is also highly unpredictable. Even the most promising coins on Binance can experience wild swings. A well-balanced investment strategy helps you ride the waves instead of getting swept away.I’ve seen it happen too often—during the last bull run, many investors poured everything into crypto, only to see their profits evaporate overnight. They bought at the top, sold in panic, and were left wondering where it all went wrong. Don’t let that be you!How to Play It Smart - Invest Wisely: Put a portion of your earnings into crypto, not the whole pot. - Take Profits:When you’re up, take some chips off the table. - Strategic Exit: Plan your exits, don’t just react. The next cycle will reward those who prepared, not panicked.Your financial future deserves more than a gamble. Be the one who plays the game with strategy, not emotion.If this resonates with you, show some love! Like, comment, share, and follow for more insights. Your support fuels my mission to keep our Binance community informed and thriving. And if you feel like tipping, it’s greatly appreciated—it helps me continue to bring you the latest and greatest in crypto.#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #LowestCPI2021
I already closeall my positions. Thank you for the advice. Now im trying to blend IN. I hope that this trading opportunity newly come in my life can give me a good journey in the in trading industry. Please help me guys. Thank you so much!#TON #DOGSONBINANCE #TelegramCEO #BinanceBlockchainWeek