Generally it's not good to brag about some of your accomplishments and that include any thing that has monetary value especially outside your residence because you might not know what the next person is thinking against you. Anonymity is a choice and I'll help escape from so dangers that lie in the public.
Topic: DO NOT BRAG ABOUT YOUR BITCOIN (Read 1362 times)
I never laugh at names like this when I come to forums, but today, I laughed at the hilarious Hitler 420 name. Some names are used to troll them for nothing more.
I have not seen any policy that says you can use any name on the forum. But it would be good if there were such a rule. It's better not to use such random funny names and make bad names. There should be a rule for these; I must find out the rest.
I have not seen any policy that says you can use any name on the forum. But it would be good if there were such a rule. It's better not to use such random funny names and make bad names. There should be a rule for these; I must find out the rest.
Many of the times when people brag about what they own or assets they have, it might be under the influence of alcohol or drugs which makes them so loose that they don't even know how high their voice is and don't even care for the kind of people sitting in and listening.
It's good not to brag in general, not only because one has a Bitcoin investment but because it potentially put one in harms way.
When it comes to crypto currency and Bitcoin in particular, it's best to keep it a secret as it is a private privilege for those who own it and intend to hold it for a long time and mostly because of the scare of government policies and ban and arrest for citizens who live in regions where it isn't yet a recognized legal tender and also because of terrorism and kidnapping and even possible theft from those close by.
It's good not to brag in general, not only because one has a Bitcoin investment but because it potentially put one in harms way.
When it comes to crypto currency and Bitcoin in particular, it's best to keep it a secret as it is a private privilege for those who own it and intend to hold it for a long time and mostly because of the scare of government policies and ban and arrest for citizens who live in regions where it isn't yet a recognized legal tender and also because of terrorism and kidnapping and even possible theft from those close by.
I don't see why anyone would want to brag about their investment; we all know how perilous it can be to let people know about your Bitcoin investment. And anyone who is high and says things that make no sense will get himself in trouble. Because they may say things they should not say, endangering themselves and their families. Because even whales are cautious about what they say, and the majority of it is kept private for their own good. People already know the value of Bitcoin so having assess to information of owning bitcoin might just implicate the person and invite unwanted guests and that is one of the reasons for decentralization.
Sometimes out excitement they will want people to know about their assets and how much they own, that is one quality a Bitcoiner should behave they should keep every thing they have a secret, because you might no know who is listening, I feel only few people should know about your holdings, people can know about your involvement but they should know how much you have in their. Because countless times their are reports that bitcoin is used in all kinds of things but the good thing is that any bitcoin related crime will always get traced.
It's best to keep it private if you're a Bitcoin investor, and don't tell anyone how many Bitcoins you have. When someone else hears about your bitcoins, it can be seen that they can try to harm you in many ways. Because you own bitcoins, you own at least a good chunk of money. It will try to get away from you and not hesitate to harm you, so it is best always to maintain secrecy.
Many of the times when people brag about what they own or assets they have, it might be under the influence of alcohol or drugs which makes them so loose that they don't even know how high their voice is and don't even care for the kind of people sitting in and listening.
It's good not to brag in general, not only because one has a Bitcoin investment but because it potentially put one in harms way.
When it comes to crypto currency and Bitcoin in particular, it's best to keep it a secret as it is a private privilege for those who own it and intend to hold it for a long time and mostly because of the scare of government policies and ban and arrest for citizens who live in regions where it isn't yet a recognized legal tender and also because of terrorism and kidnapping and even possible theft from those close by.
Yes, in general, just try to live low key. Don’t tell other people about your success and your rewards, majority of them will only see you bragging, most especially when it comes to bitcoin, it’s like you are attracting silent hackers and scammers that are waiting in the corner targeting some victims.
maybe better choose whom to discuss the Bitcoin thing because each time we tackle crypto(not just bitcoin) we are either luring them to be investors and supporters or to plan taking our funds
To be honest even your closest friends can not be trusted. Yes you might trust them with everything and tell them about anything but you never know how a person can act around money. People are inherently greedy and with how hard everyone's lives nowadays, who is to say no one will be willing to break some friendships over some free money ?After all , close friends are not our relatives or brothers, so there is no reason to share everything with them, including bitcoin we hold. Sometimes , brothers in a family even try to harm each other , husbands and wives sometimes doubt each other...how can we easily trust someone just because they say they consider us their close friends ?
Most evils are related to money, so it's best not to show off or share your assets with anyone , especially non-relatives . We should only share with the person we trust the most , which could be our wife or mother to prevent unwanted things from happening to us . In addition, it is necessary to keep absolute secrets because it not only affects our relationships but even affects the safety of our loved ones , not just us.
It's best to keep it private if you're a Bitcoin investor, and don't tell anyone how many Bitcoins you have. When someone else hears about your bitcoins, it can be seen that they can try to harm you in many ways. Because you own bitcoins, you own at least a good chunk of money. It will try to get away from you and not hesitate to harm you, so it is best always to maintain secrecy.
Well said. We need to be security conscious in all dealings, both on some sites and physically with others. I do not believe carrying the ideology of "People do not wish best for you", security conscious about our wallet, seed phrase are important factors that must be taken into consideration and should not be bound because of "People" hate mentality. Besides,it is one who keeps a thief as a friend that is always afraid of the unforeseen event.
It's dangerous because the attack on Bitcoin investors is rising because for criminals, it's going to be easy money for them. So just imagine someone overheard you telling how much you have in your wallet and you don't know that someone is part of a criminal groups that target crypto investors.
Next thing you know, you are being followed by this individuals and do what authorities called 'casing' their victims. And with that, we don't wish anyone Bitcoin or crypto enthusiast a victim here, or worst criminals might take our lives. That's why it is very important to be just silence and stay low profile and do not brag anything in public.
It's best to keep it private if you're a Bitcoin investor, and don't tell anyone how many Bitcoins you have. When someone else hears about your bitcoins, it can be seen that they can try to harm you in many ways. Because you own bitcoins, you own at least a good chunk of money. It will try to get away from you and not hesitate to harm you, so it is best always to maintain secrecy.
Many of the times when people brag about what they own or assets they have, it might be under the influence of alcohol or drugs which makes them so loose that they don't even know how high their voice is and don't even care for the kind of people sitting in and listening.
It's good not to brag in general, not only because one has a Bitcoin investment but because it potentially put one in harms way.
When it comes to crypto currency and Bitcoin in particular, it's best to keep it a secret as it is a private privilege for those who own it and intend to hold it for a long time and mostly because of the scare of government policies and ban and arrest for citizens who live in regions where it isn't yet a recognized legal tender and also because of terrorism and kidnapping and even possible theft from those close by.
It's best to keep it private if you're a Bitcoin investor, and don't tell anyone how many Bitcoins you have. When someone else hears about your bitcoins, it can be seen that they can try to harm you in many ways. Because you own bitcoins, you own at least a good chunk of money. It will try to get away from you and not hesitate to harm you, so it is best always to maintain secrecy.
Well said. We need to be security conscious in all dealings, both on some sites and physically with others. I do not believe carrying the ideology of "People do not wish best for you", security conscious about our wallet, seed phrase are important factors that must be taken into consideration and should not be bound because of "People" hate mentality. Besides,it is one who keeps a thief as a friend that is always afraid of the unforeseen event.
While I agree that everybody should just keep to themselves how much Bitcoin they own, if somebody is held at gunpoint or at knifepoint, it doesn't anymore matter which wallet you're using, or whether it is multi-sig or not, or whether you have a copy of your seed phrase or some other backup. It's either your life or you cough up those information.
Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.
Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.
It would be a very rare incident for criminals to start asking if you have some coin in your wallet and i don't think bitcoin has become that famous yet for robbers to have such intrest in it, but thei would be possible if the person must have told someone and the information leaked, so i don't believe a robber would just assume I have some bitcoin in my wallet unless he checked my phone and saw an exchange there or wallet he recognised and its also possible I don't have any on my phone too.
It's best to keep it private if you're a Bitcoin investor, and don't tell anyone how many Bitcoins you have. When someone else hears about your bitcoins, it can be seen that they can try to harm you in many ways. Because you own bitcoins, you own at least a good chunk of money. It will try to get away from you and not hesitate to harm you, so it is best always to maintain secrecy.
As far as I know, there is no need to use multiple wallets if you store the keys of a wallet well if you don't give anyone any information about how many bitcoins you have then no one will find access to it. Many times there is a possibility of losing the private keys for using multiple wallets so it is necessary to proceed very consciously and this information about how many bitcoins there are in the wallet cannot be shared with anyone.
The contents of the wallet are easier for other people to know because the wallet is public even though the person does not know who owns the wallet. However, from what you have said, it is true that anyone who owns a wallet that already contains more Bitcoins must be able to guard their private keys very well. Because wallet theft crimes usually occur when the owner of the wallet is negligent in keeping his private key or has shared it with another party even though that party is someone he knows very well. Many experts believe Bitcoin's surge to over $72,000 is just the beginning of its potential growth. Investors may also see this surge as a validation of Bitcoin's potential as a long-term store of value. It is important you do not brag about success. Don’t share how much you have with others. This should be obvious, but there are people that may not be so excited for you. They may tell their friends, and sooner or later someone who you don’t know, who may have the capacity for violence, may decide you are an appetizing target. This is yet another reason to use a multi-sig setup. Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.
How many times have I seen someone like that bragging on this forum about how many bitcoins they have, even though no one asked? I don't know what reason they have for doing that, even though we know that such an attitude will not bring anything good. We need what we have.
Because most bitcoin holders don't brag about how much they hold, maybe those who brag are the ones who really have nothing to brag about and don't really have any bitcoins that we don't know about in real life. .
maybe better choose whom to discuss the Bitcoin thing because each time we tackle crypto(not just bitcoin) we are either luring them to be investors and supporters or to plan taking our funds
To be honest even your closest friends can not be trusted. Yes you might trust them with everything and tell them about anything but you never know how a person can act around money. People are inherently greedy and with how hard everyone's lives nowadays, who is to say no one will be willing to break some friendships over some free money ? While I agree that everybody should just keep to themselves how much Bitcoin they own, if somebody is held at gunpoint or at knifepoint, it doesn't anymore matter which wallet you're using, or whether it is multi-sig or not, or whether you have a copy of your seed phrase or some other backup. It's either your life or you cough up those information.
Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.
This is I think one reason why we don't put one egg at the same basket because given that we are held at gunpoint we are not giving them the main wallet we have, and instead give them the decoy wallet that we can afford to lose for that specific purpose as we all know things will just ran fast as most of these cases, bad guys only wanted your money. But as long as we are low key I think it won't attract anyone's attention not unless we shared assets related posts on social media as life update which most people do. 😅✌️ Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.
It is important you do not brag about success. Don’t share how much you have with others.
Bitcoin investors who tell other people how much their Bitcoin is worth don't know the basics of why they invest in Bitcoin because you should be able to hide it so that other people won't know how rich you are.I don't even believe it when someone dares to tell me how much Bitcoin they have, because showing off what they have is a stupid action that influencers or famous people usually do to get more followers, the same as traders who show off their results so that someone will believe and be his followers even though what is shown is not completely true because in fact there are bad results that he is hiding.
It would be best to never even tell anyone other than those closest to you, a partner or a relative you trust that you are a Bitcoin investor.
If you are held at gun or knife point for your bitcoin, it is because someone has found out you have bitcoin, another very important reason why you must never discuss it.
maybe better choose whom to discuss the Bitcoin thing because each time we tackle crypto(not just bitcoin) we are either luring them to be investors and supporters or to plan taking our funds ,there is 2 different type of people in the world ,the 1st is to follow and the other one is to unfollow, we wanted people around us to experience crypto and of course to help the growth of this market but we cannot please everyone here.
As far as I know, there is no need to use multiple wallets if you store the keys of a wallet well if you don't give anyone any information about how many bitcoins you have then no one will find access to it. Many times there is a possibility of losing the private keys for using multiple wallets so it is necessary to proceed very consciously and this information about how many bitcoins there are in the wallet cannot be shared with anyone.
Many experts believe Bitcoin's surge to over $72,000 is just the beginning of its potential growth. Investors may also see this surge as a validation of Bitcoin's potential as a long-term store of value. It is important you do not brag about success. Don’t share how much you have with others. This should be obvious, but there are people that may not be so excited for you. They may tell their friends, and sooner or later someone who you don’t know, who may have the capacity for violence, may decide you are an appetizing target. This is yet another reason to use a multi-sig setup. Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.
How many times have I seen someone like that bragging on this forum about how many bitcoins they have, even though no one asked? I don't know what reason they have for doing that, even though we know that such an attitude will not bring anything good. We need what we have.
Because most bitcoin holders don't brag about how much they hold, maybe those who brag are the ones who really have nothing to brag about and don't really have any bitcoins that we don't know about in real life. .
While I agree that everybody should just keep to themselves how much Bitcoin they own, if somebody is held at gunpoint or at knifepoint, it doesn't anymore matter which wallet you're using, or whether it is multi-sig or not, or whether you have a copy of your seed phrase or some other backup. It's either your life or you cough up those information.
Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.
Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.
It would be a very rare incident for criminals to start asking if you have some coin in your wallet and i don't think bitcoin has become that famous yet for robbers to have such intrest in it, but thei would be possible if the person must have told someone and the information leaked, so i don't believe a robber would just assume I have some bitcoin in my wallet unless he checked my phone and saw an exchange there or wallet he recognised and its also possible I don't have any on my phone too.
The situation is quite bad in my country. We even can't share that we are related to crypto because cryptocurrency is illegal in my country. So there is no question about sharing our holdings with anyone else. However, personally, I don't share, even with my nearest friends, how much I hold. I like to maintain maximum privacy when it's related to cryptocurrency. I just believe in myself and my family. But my family also doesn't know how much I am holding right now; they just know I am involved with cryptocurrency.
At least leave your loved ones a way to get into your wallets if something happens to you. Because being involved in crypto doesn't really leave much of a trail to follow if they would want to find that crypto.I had a friend who died near the end of bear run. His wallets didn't have anything because he sold everything before he died, but he was hc dex user and treaded lots of nfts, and i know that his wallets would have been eligible for airdrops that were worth a small fortune. Sadly no one of his closest friends seem to care enough to inform his family, because it's not real money to them.
That's the thing with maximum privacy. Everything most likely will go with us when it's our time.
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