Tips for cashing out

In case anyone wants to cash out some of his LINK gains (which I do not recommend) and doesn't want to get screwed like this retard (), here are a few tips I heard from quite a few wealthy people I know:

1. NEVER fucking NEVER cash out everything at once into your everyday poorfag account. Every bank will freeze it and you might have a lot of stuff to explain before ever seeing that money. Go to a decent bank before you cash out, tell them you made some money in crypto and always set up a new account for this case. Also see a tax consultant depending on where you live and keep all important trades you ever made on paper, or at least have some decent story where the money came from in case an exchange went down. You really do not want to fuck with your countries tax office and are better off paying a few bucks extra for a consultant.
2. Actually,. try to set up several bank accounts where you cash out smaller summs. Like 100k-250k into 4-10 accounts from different banks instead of 1M into one. You decrease the risk of you bank jewing you and losing everything if they go broke. Also, if you ever want to tell your wife/family about the money you made (which is usually a bad idea), you can start by telling them about only one account you cashed out some money into and keep the others secret.
3. Get at least one account abroad depending on your countries laws. Usually, no one can forbid you having an account in Switzerland or something like that, as long as the money is taxed in your home country. Also lowers the risk of you getting fucked by a local crisis.

Feel free to add something in case I'm wrong somewhere

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Just move to Portugal.

BUY GOLD

Why would you cash out everything at once, even in different accounts? Why not just 5% every month or so?

because your gains go from 100x to 50x to 20x to 10x to 5x as you cash out and the peak passes for your crypto

im going to in 2021, no joke. so explain to me the benefits. for real.

Because this is crypto and shit can drop 90% in a matter of weeks

You can't buy a car with gold

you probably could quite easily

What if you buy USDC/USDT/any other stablecoin?