Planning to cash out? Here is how

Okay, eventually we are investing in cryptos to get rich some day (thats my dream at least), however no one can predict the future, 5 to 10 years from now we might use our cryptos in real life in every country and every place.

Anyway, ill split this post in two sections, what you need and what you do.

What you need:

In my opinion before getting anywhere and if you have made a good amount of money start by hiring a good lawyer so he can defend you against those money hungry governments with their taxes.

What i do for now is, i screenshot every transaction i make, i download every statement i can use, Trust me on this, this things might get handy and useful when you plan to cash out.

Before moving any dime talk to your bank, and tell them what you are planning to do and ask them what they think about it and what are their policies regarding cryptocurrencies.

Don't be stingy, spend the little to get the bigger.

What you do:

After doing all the above points, we move into finding the best way to transfer your money and here is 6 ways that i have found:

Using Coinbase, if you live in a country supported by coinbase its easy for you to move your money to your bank.
Using Kraken, you can transfer your money to your bank by using the wire transfer service on Kraken but the problem with it is people are complaining about their service lately so think twice before using it.
Using Bitstamp, in my opinion Bitstamp is the best in this field with low commission and unlimited wire transactions.
Using Gatehub, Gatehub lately had some problems with the UK government regarding some documents (Its fixed later) however they have the worst support you can find ever, i d think more than twice before using them.
Exmo.com, Exmo is getting bigger and more popular every day and i use it in some cases, they offer a wire transfer service limited to 30K USD/EUR per transaction and 12 transaction per day with 2% and $20 fees.
Using another cryptocurrency that provide you with a service like TenX so you can spend your cryptos in real life using their card.