Quote from: Tylev on September 20, 2019, 04:53:36 AM

Quote from: GREEDYJOHN on September 20, 2019, 01:00:36 AM

Hi everybody, I have a serious question to address:

How will you tell (or reveal) to your Bank that the huge daily (or weekly) deposits into your Bank Account are from crypto-currency profits?
- Would you go to your local Bank Branch and tell them ahead of time, that you are a crypto-currency investor BEFORE you make huge deposits?
- Would you go to your local Bank Branch and tell them that you are a crypto-currency investor AFTER you make huge deposits?

This question is important, especially for people of modest income that SUDDENLY start to make huge profits from crypto-currency.

Interest Ask. I dont think that the banks employees will be interested in the sources of your potential profit until you replenish your bank account with a huge amount. Indeed, its very difficult to prove that the profit you received as a result of doing cryptocurrency. Therefore, it will be better to make your profit in different banks and in small amounts.
In my country, the tax on profit from cryptocurrency has not yet been introduced, so I can deposit large amounts to the bank, explaining the source of profit from working with cryptocurrency.

In some countries it might not go unnoticed and might be questioned, in cases of countries with such scrutiny one can make a staggered deposit with different bank accounts. Some countries demands all account linked to each other and monitored by central bank which it even severe, I will also save some of the profit into crypto stable coin .