Topic: About Bitcoin Privacy - page 3. (Read 434 times)

If you receive multiple payments from a same person, company, why do you need to change your receiving address?

You can use different receiving addresses for payments from different partners or even can use different wallets for them too.

If you don't have to do it, don't do it is the best practice.

VPN is not the best, use Tor.

This point should be the first one.

Reminder: do not keep your money in online accounts

Use wallets that are open source, non custodial and have coin control features, RBF, CPFP because if you are going to non custodial, you will need those features.

image source

Not about investment and trading but about the importance of maintaining and protecting privacy. Discussions about bitcoin investment and trading that appear on this forum are not only on the appropriate boards but on boards that shouldn't be, they are also presented by forum members with the possibility of meeting the quota or posting requirements.

My background makes this because very few discussions around the importance of privacy are focused and let the topic of discussion sink to the bottom. Most people focus too much on how to make a profit through Bitcoin, which gives the impression that Bitcoin is a tool for gaining wealth and not the greatest network in the history of currency transactions.

Privacy, which is often stated orally, is very important to maintain, is rarely taken seriously. Many bitcoin users know that bitcoin has quite good transparency and that other systems, including bank operating systems, do not have this. Bitcoin is famous for its anonymity, but various transaction flows can be tracked and seen by anyone and everything is recorded on the network.
Sending and receiving bitcoins can occur if the user has an address and with that address the public can know all transaction traffic.

It cannot be denied that humans have a forgetful nature, want to be known and acknowledged, etc., so they cannot properly maintain confidentiality, so they often take actions that could threaten privacy.
It's not how much bitcoin you have but how well you maintain the privacy of your bitcoin for the future.
Maintaining privacy is not trying to hide crimes but protecting oneself from crime.

What will I do?
1. Always try to use a new address to receive payments
2. Try not to publish your bitcoin address to the public.
3. Try to keep IP addresses undetectable by using tools like VPN.
4. Avoid using closed source wallets for storing bitcoins.

Hopefully this is a reminder for me personally and does not mean to advise others because I still have many limitations.

Reading source: https://bitcoin.org/en/protect-your-privacy