Some people are proud of the great achievements they were able to achieve in their journey of investing in bitcoin - then they tell everyone without realizing that there is a danger lurking around them. Financial privacy must be considered as a precautionary measure to minimize risks - including the risk of planned robbery.
There are some people I've met who take pride in posting their investment profits publicly on social media so that others can be proud of their achievements. But in essence, that has increased the risk because they never know who might want to do something bad to get that money from them. So it's true - it's best to keep quiet and hide unnecessary things, it's more profitable.
look at what everyone posts on social media nowadays and you will see that the more someone posts things of less financial value, the less attention they will get from other people, unfortunately in today's world people's financial power has become a symbol for other people idolize you, on social media most people struggle to post as much luxury as they can, whoever doesn't post luxury or money or in luxurious places will then be ignored, for this reason that people who manage to make a lot of money in this cryptocurrency market Then they start posting their winnings so that other people can admire them.
If they don't post their earnings, then they will be anonymous, and that's the problem in today's world, most people in today's world don't want to be anonymous, they don't want privacy, they want fame. look as an example:
Top 10 Bitcoin Holders: Who Owns the Most BTC? (2024)
source: https://www.techopedia.com/who-owns-the-most-bitcoinIn this article that I provided the link, there is a list of the guys who have the most bitcoin, the companies that have the most bitcoin, the celebrities who have the most bitcoin. How does the author of this article know all this? he knows all this because the very guys who have the most bitcoins keep disclosing how many bitcoins they have, companies keep disclosing how many bitcoins they have, celebrities keep disclosing how many bitcoins they have because in today's world people love attention, they want to be in the center of attention. That's why even when a poor person wins a lot of money in the lottery, he's not even afraid to expose his face, he wants everyone to know that he's no longer poor because he won a lot of money in the lottery. We are living in strange times, in which it seems that people no longer think about the risks of exposing themselves financially