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Topic: A no-Bitcoin friend turned a old Bitcoiner - page 3. (Read 473 times)

hero member
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If he were a longtime investor, he would have been very careful because when he started investing in Bitcoin, not many people were doing it and it might be considered strange. So he better hide it from everyone.

So he can hide his Bitcoins, he must be calm and safe and he can also use them without anyone knowing. And he also must have a reason why he did it and did not tell the people around him that he owns Bitcoin and has known Bitcoin for a long time.

Better you don't think about it and maybe you can learn much from him. You can get more experience from him and useful knowledge for you.
hero member
Activity: 1316
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Your pal' behavior seems peculiar, though not surprising. Bitcoin, like any financial venture, is deeply personal. Even on a decentralized stage, privacy remains key for many. He might have had numerous reasons to keep his Bitcoin endeavors under wraps.

He couldve wished to steer clear of any potential fiscal debates or fallout from you knowing his involvement. He might have preferred you not to witness his Bitcoin journey' hits and misses. Keep in mind, finances stir different reactions in people, potentially altering friendship dynamics.

Still, I urge not to speculate. Talk to your friend, express your concerns. After all, Bitcoin is mere tech. Dont let it strain your friendship.
sr. member
Activity: 1274
Merit: 337
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Don't think negatively about the attitude of your friends who seem to close themselves about their involvement in Cryptocurrency to you, maybe he thinks it's not time to open up to you (even though you are more reliable than him) because he himself thinks he doesn't fully understand Cryptocurrency. In this situation your friend "maybe" more comfortable doing his own activities, he is more concerned about privacy so he can focus more on trading in Cryptocurrency without any interference from other parties.
Friendship is like the relationship between parents and their children, there are limits that are impossible to tell until a certain time, rest assured he will tell you everything even though in the end he has to learn a lot from you.
sr. member
Activity: 873
Merit: 268
I think it's the right thing to do actually.

Some people, myself included, don't like talking about Bitcoin with other people and especially telling them how much of it I have. So I think you should just respect his decision because for some people Bitcoin is something intimate, I guess.

It's like with anything, you can force discussion of something on a person. And I also tink some people are embarrassed that they are into bitcoin because of the "influencers" and some public crypto persons who are just cringy.
hero member
Activity: 3010
Merit: 666
Why would someone try to hide their Bitcoin involvement from their friends that tried to teach them all this while?

I feel somehow about my friend because I just found out that he has been into Bitcoin for a long time, probably before me, what's surprising to me is whenever I tried to enlighten him about Bitcoin he always Shawn me down and say he has no interest..

Today I get to know from a relative of his, who thought that we are into Bitcoin investment together, a coincidence that brings up some suspicious thought, now I am left with thoughts of why he was hiding this all along from me?

At first I though maybe he was scared bringing me along, but it doesn't make any sense because I thought I knew better than him and I needed to teach him.

What do you think is probably ongoing here?

We really don't know what is the reason behind keeping it secret while you are introducing it to him. But this is only what I've assumed, he tends to keep it silent as he doesn't want someone to make his life as an example when you were telling others again. He pretends to do nothing but when you left, he got busy digging more about Bitcoin and investing without relying on someone.
Now, as you know, you can ask him personally but for sure, he will still tend to deny it and say nothing about Bitcoin but negative.
legendary
Activity: 1358
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Security and privacy 🔏

I think that sums it up. The fewer people who know you have bitcoin, the better, even if it's someone seemingly trustworthy. You don't know if it might slip out that you have bitcoin by talking to a third party or something, and in general personal finance issues are best kept to ourselves.

Although I would say that some people talk about owning bitcoin and other cryptocurrencies like those who talk about owning shares but are concerned about their privacy and security, they are very careful about it.
member
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there are people who always tell and tell their friends that they invest in bitcoin, there are also even though a friend but he doesn't want to tell his friends that he invests in btc.

I don't think your friend meant anything bad to you, I think he did it because, for security and privacy. and what he did in my opinion is a natural thing.
especially now that bitcoin has become very popular, so we really have to be vigilant about protecting our assets.
legendary
Activity: 3164
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@OP don't get hurt if your friend keep his investment secret from you.  I believe even his family does not know about his Bitcoin investment due to your friend keeping the data about his investment secure.

OP said he found out that his friend was involved in bitcoin because his friend's relative revealed this information to OP so that in itself suggests that his friend was not concerned about privacy as I've seen some comments that were posted here in this thread, just look that OP's friend's relative talking to OP means that it was no secret to anyone that OP's friend had bitcoin so we can assume that OP's friend just didn't want OP to know that he has bitcoin , the problem seems to me to be something personal

and this can be for several reasons, but in most of these types of cases the reasons are: envy and competition. probably when OP's friend heard that OP had more bitcoins than him, he must have felt humiliated and inferior to OP and for that reason OP's friend chose not to tell OP that he also had bitcoin. I would bet more on my theory, that's because many people who are friends tend to compete with each other, and most of the time it becomes an unhealthy competition and people ignore this great evil, OP should be very careful with this friend of his from now on front
legendary
Activity: 2492
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Sounds funny that someday when your friend knows your private key and steals all your Bitcoin or crypto assets because you expect that your friend has zero knowledge about Bitcoin.  The purpose for sure could be privacy and your friend wasn't telling you that he has more knowledgeable than you.  That can indeed be puzzling knowing the fact which reveal the truth.

It's possible that he wanted to keep his financial activities private and IMO I would do the same because Bitcoin investments can be personal, and some individuals prefer not to share their financial endeavors with others and he may have had concerns about potential conflicts or differences in investment strategies.  So don't be too much talkative that could potentially be leading you to a scam when you accidentally revealed your private key.
hero member
Activity: 2268
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Maybe he just wanted to surprise you, and it also depends on what level of friends you guys have sometimes when it involves money, people won't tell you about it because they have multiple valid reasons to do so, and one example is they cannot reveal it to you because they fear that you might going to ask them to borrow it. If I were a sincere friend, I would leave it as it is because that was what he wanted, he didn't want anyone to know, or maybe the dude just wanted to hold his bitcoins for the long term, and at the same time, he is hiding it to others as well.
legendary
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@OP don't get hurt if your friend keep his investment secret from you.  I believe even his family does not know about his Bitcoin investment due to your friend keeping the data about his investment secure.  It is normal for a cautious person to keep important information especially when it has to do with financing and investment, hidden or secret.  So instead of whining about your friends action, why not understand him?
As said, it is good that you try to understand him. People have got different thoughts when it comes to privacy. Not everyone expose themselves to the close ones. Feel happy that your friend is part of bitcoin, because you've tried to make him understand about it. One thing, at any cost OP shouldn't ask him why he hide it. Because, the same could create uneasy feel between the two. This incident can sometimes affect the long friendship.
sr. member
Activity: 1372
Merit: 348
@OP don't get hurt if your friend keep his investment secret from you.  I believe even his family does not know about his Bitcoin investment due to your friend keeping the data about his investment secure.  It is normal for a cautious person to keep important information especially when it has to do with financing and investment, hidden or secret.  So instead of whining about your friends action, why not understand him?
hero member
Activity: 868
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I have a different story and it involves security, privacy but also a lack of interest in telling others about my hobby because they were always surprised to hear about success but never interested in the actual inner workings of Bitcoin. It felt almost like they were judging me for it so why even bother? I just mind my own business and prop myself up while not giving them a single clue. Once I’ll be successful enough and they notice, I’m sure they’ll be interested too - but by then, it’s gonna be too late to join my crew. It’s not their business anyway, most people are afraid of risk and will run away from an opportunity that involves it.

this also another secure way of investing into something discreetly without the public eye. most people spread negativity when they are not interested in a thing and this could have its effect on you. the best form of success is actually the one you done secretly. as far as bitcoin is concerned it is not yet a thing to boldly talk about because of the government stance on it just. so i see nothing wrong in keeping it to yourself
sr. member
Activity: 1288
Merit: 231
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Why would someone try to hide their Bitcoin involvement from their friends that tried to teach them all this while?

I feel somehow about my friend because I just found out that he has been into Bitcoin for a long time, probably before me, what's surprising to me is whenever I tried to enlighten him about Bitcoin he always Shawn me down and say he has no interest..

Today I get to know from a relative of his, who thought that we are into Bitcoin investment together, a coincidence that brings up some suspicious thought, now I am left with thoughts of why he was hiding this all along from me?

At first I though maybe he was scared bringing me along, but it doesn't make any sense because I thought I knew better than him and I needed to teach him.

What do you think is probably ongoing here?


What I think is going on here, just as Nwada have said is, you friend is trying to protect his privacy, maybe he don't want you to know how much he have, all he might see you as the talkative type who can't be trusted with some kind of private information and as such they will think you will go sell them outside.

So it's better they hide it from you and that of other's which they feel insecured about to avoid too much stories and explanation. 
legendary
Activity: 3122
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Why would someone try to hide their Bitcoin involvement from their friends that tried to teach them all this while?
~
What do you think is probably ongoing here?

Is it a big deal for you that he hid his involvement in Bitcoin for a long time?
TBH, I don't see any problem here. Maybe he is just securing his self, and don't want anybody to know that he's involved into Bitcoin. His showing of no interest is just a strategy so that nobody knows that he knows Bitcoin.

Maybe you're feelings just hurt because you are trying to enlighten him, but the reality is the one who you are enlightening with knows more than you are. Cheesy I guess I'll be more hesitant to share any information about Bitcoin from now on. What's going on here? None. It's just that you can't accept the fact that your friend didn't let you know that he's been into crypto for a long time, and it hurt your feelings because of that thus, you created this thread.

Just move on, and move forward. Maybe do a bit of a brainstorming once in a while. Share more information with each other because for sure both of you can help each other.

just accept the fact that he has his own reasons why he kept so long about his bitcoin involvement. don't make this situation as big deal for the OP. if you are the person who want to share your thoughts to others, this friend maybe is more on securing his privacy. so should not give him cold shoulder for his path taken.
legendary
Activity: 1134
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The person is just trying to play it safe; you both might have been friends for a long time and share things among each other, but that does not mean the person trusts you enough to tell you about their finances or holdings.
 
Don't take it personal; to some point, there is actually nothing too bad about keeping such a thing from you. Friendship is not all about knowing each other's secrets.
I have a different story and it involves security, privacy but also a lack of interest in telling others about my hobby because they were always surprised to hear about success but never interested in the actual inner workings of Bitcoin. It felt almost like they were judging me for it so why even bother? I just mind my own business and prop myself up while not giving them a single clue. Once I’ll be successful enough and they notice, I’m sure they’ll be interested too - but by then, it’s gonna be too late to join my crew. It’s not their business anyway, most people are afraid of risk and will run away from an opportunity that involves it.
legendary
Activity: 2576
Merit: 1043
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Why would someone try to hide their Bitcoin involvement from their friends that tried to teach them all this while?
~
What do you think is probably ongoing here?

Is it a big deal for you that he hid his involvement in Bitcoin for a long time?
TBH, I don't see any problem here. Maybe he is just securing his self, and don't want anybody to know that he's involved into Bitcoin. His showing of no interest is just a strategy so that nobody knows that he knows Bitcoin.

Maybe you're feelings just hurt because you are trying to enlighten him, but the reality is the one who you are enlightening with knows more than you are. Cheesy I guess I'll be more hesitant to share any information about Bitcoin from now on. What's going on here? None. It's just that you can't accept the fact that your friend didn't let you know that he's been into crypto for a long time, and it hurt your feelings because of that thus, you created this thread.

Just move on, and move forward. Maybe do a bit of a brainstorming once in a while. Share more information with each other because for sure both of you can help each other.
legendary
Activity: 2436
Merit: 1104
What do you think is probably ongoing here?
as Nwada001 has said, Security and privacy. it is not uncommon for someone to hide things from people they are close to especially if it involves money. also, financial holdings/investments can be a very personal thing for some people and do not want to share it with anyone or at least outside the family. I have a feeling that his cousin wasn't meant to mention to you that your friend has an investment in Bitcoin.
hero member
Activity: 994
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What do you think is probably ongoing here?
That’s privacy and anonymity, which are part of the Bitcoin standard.

Just because you invest in Bitcoin doesn’t mean that your friends need to know about that or even know that you are into Bitcoin and cryptocurrency, which I am sure is secure for you.

Your friend doesn’t want you to know that he is into Bitcoin investment or that he knows about Bitcoin. That is why he has not given you a listening ear whenever you wanted to teach him about what he already knew, but I commend your effort for wanting to teach your friend about Bitcoin even though you have no idea if he is interested or not.
legendary
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There is nothing inherently wrong with discussing matters related to Bitcoin, as it falls within the realm of financial affairs. However, the reason why your friend chose to hide this information from you remains known only to him. It is possible that he did so to safeguard his privacy. By not disclosing his holdings to you, he avoids the risk of you inadvertently sharing that information with others, potentially exposing his financial situation to a wider audience. Similarly, I personally engage in Bitcoin discussions with my friends but refrain from revealing my own holdings. This approach is driven by a desire to prioritize my privacy and ensure my safety, rather than any other motive.
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