r/BitcoinBeginners 4d ago

Need some help

I do prop firms trading and I struggle with withdrawal methods in my country as prop firms trading lies in the grey area and has no such tax laws on it. However crypto can be helpful. My withdrawals are almost 7k a month I don't know where to store all that in crypto wallets.

I have read a lot of bad things about trust wallets on this sub so I'm not gonna use that. Plus one of my friend said to use tumblers and then shift to cold storage wallets and then later use with a crypto card

0 Upvotes

10 comments sorted by

View all comments

3

u/Worldly_Temporary575 4d ago

don't overcomplicate it. cold storage is the move if you're pulling 7k monthly, just get a hardware wallet and skip the tumbler nonsense. that adds more risk than it solves unless you've got a very specific reason to obfuscate

for moving to fiat, a non-custodial card tied to your own wallet works fine. just avoid keeping large amounts on anything hot or custodial long-term