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Introduction
Living off of your online income/exploits consists of two parts, acquiring the money and keeping it. While many people struggle with the former, if you're here I'd assume you've got that on lock. This guide is for people who have come into a significant sum of money or had their business pop off and now have no clear direction of what to do. Follow this step by step and you'll be just fine.
Disclaimer!
This guide will go through the whole process assuming your funds need a high level of anonymizing, if you're simply looking for what to do regarding a whitehat/greyhat stream of income a lot of the methods in here will likely be severely overkill.
Step 1: Acquiring the funds
If you've received the funds in crypto then move everything over to Bitcoin. If you've received money through PayPal then find yourself an exchanger that is willing to do it without KYC. If the exchanger requires your identity or requires you to exchange using YOUR PERSON PAYPAL, simply move on to the next. PayPal is the single worst way you can accept money online, not only because of the obnoxious amount of holds and issues they bring but even more so if you're using your own account. If you insist on accepting PayPal you must make sure to get an anonymous stealth account. Either way in both scenarios step one remains the same, move the funds to Bitcoin.
This is where a lot of people will call it a day because Bitcoin is ''anonymous internet money''. A large majority of people will know now that this is not the case at all. Bitcoin is very much traceable without any issues especially if you're not using a mixer or anything of the sort. The most important takeaway here is to NEVER send any cryptocurrency that you've obtained through illegitimate means to a centralized exchange [CEX] with your ID on it. Also never withdraw fraudulent funds to your bank account through a P2P transfer like Paxful.
Step 2: Switching to XMR
XMR or better known as Monero is by far the closest we've got to magic anonymous internet money. Getting your money to a point of being untraceable becomes much easier through XMR.
That said, it's still not perfect. While a lot more secure, being sloppy will still make it very easy to be identified. The aim of the game here is to get this XMR back into Bitcoin, without creating a pattern. This is where the rule of thumb ''Don't buy XMR when you want to spend XMR'' comes in. This is because buying XMR with Bitcoin just to sell it again 10 minutes later leaves you to easily having your two Bitcoin addresses linked. Your funds become more anonymous the more blocks get validated in between your entry into the XMR network and your exit. The safest approach would be:
- Buy XMR with Bitcoin
- Split the XMR across multiple wallets
- Leave it be for AT LEAST 7 days
- Slowly exchange XMR back into BTC
Living off of your online income/exploits consists of two parts, acquiring the money and keeping it. While many people struggle with the former, if you're here I'd assume you've got that on lock. This guide is for people who have come into a significant sum of money or had their business pop off and now have no clear direction of what to do. Follow this step by step and you'll be just fine.
Disclaimer!
This guide will go through the whole process assuming your funds need a high level of anonymizing, if you're simply looking for what to do regarding a whitehat/greyhat stream of income a lot of the methods in here will likely be severely overkill.
Step 1: Acquiring the funds
If you've received the funds in crypto then move everything over to Bitcoin. If you've received money through PayPal then find yourself an exchanger that is willing to do it without KYC. If the exchanger requires your identity or requires you to exchange using YOUR PERSON PAYPAL, simply move on to the next. PayPal is the single worst way you can accept money online, not only because of the obnoxious amount of holds and issues they bring but even more so if you're using your own account. If you insist on accepting PayPal you must make sure to get an anonymous stealth account. Either way in both scenarios step one remains the same, move the funds to Bitcoin.
This is where a lot of people will call it a day because Bitcoin is ''anonymous internet money''. A large majority of people will know now that this is not the case at all. Bitcoin is very much traceable without any issues especially if you're not using a mixer or anything of the sort. The most important takeaway here is to NEVER send any cryptocurrency that you've obtained through illegitimate means to a centralized exchange [CEX] with your ID on it. Also never withdraw fraudulent funds to your bank account through a P2P transfer like Paxful.
Step 2: Switching to XMR
XMR or better known as Monero is by far the closest we've got to magic anonymous internet money. Getting your money to a point of being untraceable becomes much easier through XMR.
That said, it's still not perfect. While a lot more secure, being sloppy will still make it very easy to be identified. The aim of the game here is to get this XMR back into Bitcoin, without creating a pattern. This is where the rule of thumb ''Don't buy XMR when you want to spend XMR'' comes in. This is because buying XMR with Bitcoin just to sell it again 10 minutes later leaves you to easily having your two Bitcoin addresses linked. Your funds become more anonymous the more blocks get validated in between your entry into the XMR network and your exit. The safest approach would be:
- Buy XMR with Bitcoin
- Split the XMR across multiple wallets
- Leave it be for AT LEAST 7 days
- Slowly exchange XMR back into BTC
![[Image: w61lOX3.gif]](https://i.imgur.com/w61lOX3.gif)