How to Downgrade from iOS 8 beta to iOS 7.1.1

If you’ve installed iOS 8, and want to downgrade back to iOS 7.1.1 because either you found it too buggy, or because your favorite apps like WhatsApp were crashing too frequently then we’ve covered.
Downgrading from iOS 8 to iOS 7 is quite easy, despite Apple’s warning which states that you cannot downgrade back to earlier versions of iOS.
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