Comment by Kristers on Top Tier Providence: Secretly Cultivate for a Thousand Years - Chapter 206

@Kristers I'm guessing no, but we'll have to wait till next time to see if he gets penalized or something.

@Kristers as long as he does it in low profile it's doesn't count as him going out. He even goes out to breakthrough first was the ten thousand beast prison, then somewhere secluded where he found fang liang

@Kristers At this point, the system's version of going out is only ascending, as there is nothing in the human realms that can raise his level.

@Kristers the system placed no restriction on his movements only on his reputation he chose laying low that doesn't mean he can't go out it just means that he needs to make sure barely anyone knows the stuff he does. 
If not for that he would have already been penalised for becoming such a grand a reputed elder. He can destroy the world as long as his true identity isn't revealed