Pages:
Author

Topic: Do not let the over excitement after the bull-run pull you out to danger (Read 978 times)

hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
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.
These people certainly do not clearly understand that announcing their investments or achievements all over the social media will not make them popular but will eventually put their investments at a higher risk. Even if they’ll say they are posting not to brag but to inspire, still their actions could lead to secret envy that will push other people to set plans to attack them. When that happens, they are the ones who are highly at fault, knowing they are the one who exposed their certain achievements or investments that should always be kept privately.
The idea is the same as Warren Buffet, which they do not come even close to, but that's what they try. Warren Buffet famously buys stocks in secret, and as soon as he buys it, there are millions of dollars worth of marketing done about it, and for free as well, every single financial news outlet out there will share the news on what he bought, of course he is famous so that helps too, and everyone starts buying the same stock that he bought, everyone wants to be early investor right away as soon as they see it, which makes the stock go up, so he starts every investment in profit, there are of course exceptions to this, but that is in general what happens.

Now these influencers can't make some blue chip stock go up, but they hope that maybe a few million market cap tokens could go up if they share it.
full member
Activity: 742
Merit: 170
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.
These people certainly do not clearly understand that announcing their investments or achievements all over the social media will not make them popular but will eventually put their investments at a higher risk. Even if they’ll say they are posting not to brag but to inspire, still their actions could lead to secret envy that will push other people to set plans to attack them. When that happens, they are the ones who are highly at fault, knowing they are the one who exposed their certain achievements or investments that should always be kept privately.
There are some overzealous people who don't even care about their safety. They feel that posting on social media can make them feel big or proud of themselves. But in reality, the opposite happens. Because if a person advertises his portfolio on social media then he may be accepted by others. Because almost everyone on social media can get a lot of information about the people on their friends list that carries a fatal risk. Moreover, since anonymity is the purpose of cryptocurrencies, especially Bitcoin, anyone who openly posts about cryptocurrencies is nothing but stupid. They need to know more about crypto.
member
Activity: 93
Merit: 52
People are not ready to take risk and there are some risk that is called calculated risk, that is what that guy you reference did and the other wasn't ready to do that same risk, this is to show that in real life if you don't take risk that is called a calculated risk you can never be successful in life because you aren't ready to lose. Today we have many people who are successful through bitcoin and they took their risk by investing on time and let it be for long as they think bitcoin could keep increasing, and the more they hold the more they keeps learning new things about bitcoin that always guide their mind and ways of reasoning, because there people who don't believed in you or on what you believed so far and they will doubt with all things possible just to make sure they don't join you in doing that thing but when you succeed you would see that person would emphasized to know it within few minutes so that they will be successful as you without them knowing you really sacrificed a lot to be in that position you are currently.
hero member
Activity: 3038
Merit: 647
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.
These people certainly do not clearly understand that announcing their investments or achievements all over the social media will not make them popular but will eventually put their investments at a higher risk. Even if they’ll say they are posting not to brag but to inspire, still their actions could lead to secret envy that will push other people to set plans to attack them. When that happens, they are the ones who are highly at fault, knowing they are the one who exposed their certain achievements or investments that should always be kept privately.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
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.
Thats the most stupidest thing that you would really be doing on which you are really that putting yourself on such harm because even if we do say that this is really that some normal expression towards your happiness basing up on what you have earned but we should really be trying to keep it lowkey or secret or making up that kind of celebration in silent because we know that not all people around would really be happy on what we do achieved. This is why it would really be better that you should make yourself that keep silent on whatever things that you are really that dealing up with.
People around might ended up on having bad intention of you specially if we are talking big money on here, there would really be always those triggers.
Everything should really be having a limitation because on the time that you would really be that opening on everything or when it comes to privacy on which this is something that important that you do consider.
You cant just share up on everything because it will really be putting you up on such danger and this is something that you should be avoiding in the first place on which i do agree with your words on what you have said. Its not that bad to have that kind of reaction but just like you said that being lowkey is they key for your safety not unless if  you do speak in between you and your loved ones then it would be alright but
talking it on public or other people then there would really be that risk which we should avoid on doing so.
sr. member
Activity: 2436
Merit: 324
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.
Thats the most stupidest thing that you would really be doing on which you are really that putting yourself on such harm because even if we do say that this is really that some normal expression towards your happiness basing up on what you have earned but we should really be trying to keep it lowkey or secret or making up that kind of celebration in silent because we know that not all people around would really be happy on what we do achieved. This is why it would really be better that you should make yourself that keep silent on whatever things that you are really that dealing up with.
People around might ended up on having bad intention of you specially if we are talking big money on here, there would really be always those triggers.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
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-bitcoin

In 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
sr. member
Activity: 1638
Merit: 425
Cashback 15%
It was a thing here in my country if I remember correctly the Axie NFT thing makes a lot of people here in my country rich to the point where they are getting cast on TV on how they are able to earn or get rich by just gaming or on Axie. That was already kind of a promotion since they thought that it was a promising thing, and it's not just the thing because most of the people who get lucky to earn a huge amount on Axie were actually inviting people as well, and that actually ends up as a disaster here in my country probably a lot of people who invested on Axie that time are already late and ended up losing their money, and it's not just a low amount because the value was actually high if you wanted to start playing it would need like 2000$ just to buy a team. I have a lot of friends as well that lose money because they think that it's an easy money thing.

I mean sharing might not actually be a bad thing for sure if you actually earn a good profit here in cryptocurrency I mean you could kinda share that, but just don't encourage them to actually invest, instead discourage them and tell them all of the risk that they are going to take, then if they still wanted to invest after hearing all of that risk, then advice them they should be the one that doing the work research everything that they needed, and invest on there own risk. If we are going to invite them because of our wins it's not going to end well, if they lose money obviously they are going to blame you.

legendary
Activity: 1064
Merit: 1228
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.
hero member
Activity: 812
Merit: 675
This has got me to ask, after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?

It’s not necessary to do that. Just allow them to wander about it and if they wish to know, then wait for them to ask before you tell them. Being overly proud of your achievements in bitcoin can lead to hatred amongst society where envying and evil lives, you never can tell who loves you for real and the fake lovers. If you don’t expose yourself, they won’t get to know and it’s better for you like that if you know.

Quote
After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise

Silent is safety but is this even inevitable? We live in a society where everyone has to show off what they have before they feel among or make them feel respected and acknowledged on the society. I don’t have a problem with them and it is better you remain silent and anonymous if possible, it would be better for you.
legendary
Activity: 1974
Merit: 1150
~Snip
It will be childish for those who will want to do that because they will be exposing themselves to unnecessary danger and finger-pointing. Why will anyone go to brag before those who doubted them? If anyone who succeeds with their Bitcoin investment to a nice ROI must do anything loud, it should be for it to reflect on their improved lifestyle. That's the best way to announce it, not flaunting and throwing it in anyone's face. We've to be cautious with whatever we do with our success. There's too much envy out there.
The last point is indeed the most common thing in real life. It's hard to make other people understand the state of our economy, even if you never tell anyone about your wealth in bitcoin, that feeling still exists among people who find it hard to see others happy.

Even friends and family members can't be completely trusted with money, so being private is actually a must-have for anyone holding bitcoin. Not everyone likes other people's happiness, while some feel jealous about it. There is no need to tell anyone about money, proving we are better than them with money is not the right way. Personally I don't like to prove anything to others, it never changes anything.
legendary
Activity: 2688
Merit: 1208
Once a man, twice a child!
... are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?
It will be childish for those who will want to do that because they will be exposing themselves to unnecessary danger and finger-pointing. Why will anyone go to brag before those who doubted them? If anyone who succeeds with their Bitcoin investment to a nice ROI must do anything loud, it should be for it to reflect on their improved lifestyle. That's the best way to announce it, not flaunting and throwing it in anyone's face. We've to be cautious with whatever we do with our success. There's too much envy out there.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
In the end, it’s still safer to invest secretly and privately. That will make your portfolio richer without other people getting know about it and get jealous eventually. Let’s just accept the reality in order to secure yourself and your wealth, being a show off is always a bad move. It will only put yourself into harm, and you might only attract scammers that are always waiting for their perfect victims.
I also think like that because in living this life there is no need to show off to everyone about what we currently have because that is the main effort that will attract fraudsters who are looking for their next victim. So I still take the option to remain silent and not tell anyone about my investment portfolio in order to avoid bad things that I don't want, because being an investor you also have to be careful and you can't be careless in telling anything to other people. Moreover, if the person is someone we have not known for a long time.

It would be foolish to brag or tell strangers about your investments. If someone did this, I wouldn't be sad for them if they were attacked and they deserve to pay for their stupidity.

Keeping our investments and assets private is one way we are protecting ourselves and our families. But I also need to emphasize this, keeping secrets from strangers is the right thing to do, but keeping secrets from relatives is not necessarily the right decision. If someone is married and even their wife keeps it a secret, it can easily cause a rift in the relationship between husband and wife. Therefore, we need to be flexible in disclosing and keeping secrets from those who should and should not know about our investments.
hero member
Activity: 2030
Merit: 705
In the end, it’s still safer to invest secretly and privately. That will make your portfolio richer without other people getting know about it and get jealous eventually. Let’s just accept the reality in order to secure yourself and your wealth, being a show off is always a bad move. It will only put yourself into harm, and you might only attract scammers that are always waiting for their perfect victims.
I also think like that because in living this life there is no need to show off to everyone about what we currently have because that is the main effort that will attract fraudsters who are looking for their next victim. So I still take the option to remain silent and not tell anyone about my investment portfolio in order to avoid bad things that I don't want, because being an investor you also have to be careful and you can't be careless in telling anything to other people. Moreover, if the person is someone we have not known for a long time.
hero member
Activity: 2842
Merit: 772
I agree with that. I was jealous of a friend for so many times because he successfully HODL'ed a huge chunk of Bitcoin in his wallet while I was selling on that point of time. I was too doubtful and I think many Bitcoin holders did and after a good bull runs the urgency to sell will be there and it's hard to not sell.
My friend though was a pure holder for a long time and now he is sitting somewhere in the globe after withdrawing some of his funds. Now, I am the one trying to do the same thing but he will never know how much it will be as I don't want him to feel the same way as I did. I don't seek revenge, I just want the same experience as he did.

Well I don't go to that same experience, no jealously at all. But I have thought that there could be a lot of holders, when you go and read the forum and that they make a lot of money doing that "simply" HODL mentally.

So I just keep quiet myself, and when we had that lockout in 2020, I started to do that, just HODL and buy during that period and I say that it's very hard in the beginning but I was able to accumulate Bitcoin that I never thought I would.

And I would tend to agree to be lowkey, although I have several talks with some of my friends as well in crypto (they don't have any account here), but I never disclose how much I have or how much I earn and profited during the following bull run.
hero member
Activity: 2702
Merit: 704
There's no harm on being lowkey, it is really just that there are people who do really love of boasting up their earnings or on how much money they do have without even trying out to think on what are the imposed risks
if you would really be that someone whose really that loving on trying out to flex or really that too tactful on how much you have won or make money. Always be considerate when it comes to those potential
risks because not all people would really be that not caring about your money on which there would really be potential that there's someone who would really be having those bad plans into  you.

There's nothing wrong on being low key.It is really just that there are really those individuals who cant really be able to make themselves that silent on the thing
that they are really that  dealing with. Well, its their money then its their right on how they would really be gonna handling themselves but of course there would really be a corresponding risks
level or factor.
There are some people who are just too vocal, they are vocal about basically everything. It doesn't matter what the topic is, we see a ton of people who are vocal about politics, people who are vocal about sports, people who are vocal about movies and art etc etc.

Well, when that type of person gets into crypto, they are vocal here as well and that's the problem, if they do end up making money they are going to be vocal about that as well. If they do end up losing, then I am sure they are going to be vocal about that as well. Attention is something people seek, not all people but some people desire attention more than others, and they would even lie about it, so they could get attention, that's a characteristic problem they have.
Those people crave attention the same way a drug addict craves to consume their drug of choice, it may seem I am overreacting, but I am not, as I have met many people like that before and they will do anything to get any attention, and the worst thing you could ever do to them is to ignore them.

So if those people want to reveal how much money they have, in which coins they invested and what plans they have for that money, that is on them, since as long as we do not do the same, we will remain unaffected by their actions.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
There's no harm on being lowkey, it is really just that there are people who do really love of boasting up their earnings or on how much money they do have without even trying out to think on what are the imposed risks
if you would really be that someone whose really that loving on trying out to flex or really that too tactful on how much you have won or make money. Always be considerate when it comes to those potential
risks because not all people would really be that not caring about your money on which there would really be potential that there's someone who would really be having those bad plans into  you.

There's nothing wrong on being low key.It is really just that there are really those individuals who cant really be able to make themselves that silent on the thing
that they are really that  dealing with. Well, its their money then its their right on how they would really be gonna handling themselves but of course there would really be a corresponding risks
level or factor.
There are some people who are just too vocal, they are vocal about basically everything. It doesn't matter what the topic is, we see a ton of people who are vocal about politics, people who are vocal about sports, people who are vocal about movies and art etc etc.

Well, when that type of person gets into crypto, they are vocal here as well and that's the problem, if they do end up making money they are going to be vocal about that as well. If they do end up losing, then I am sure they are going to be vocal about that as well. Attention is something people seek, not all people but some people desire attention more than others, and they would even lie about it, so they could get attention, that's a characteristic problem they have.
sr. member
Activity: 2436
Merit: 324
I agree with that. I was jealous of a friend for so many times because he successfully HODL'ed a huge chunk of Bitcoin in his wallet while I was selling on that point of time. I was too doubtful and I think many Bitcoin holders did and after a good bull runs the urgency to sell will be there and it's hard to not sell.
My friend though was a pure holder for a long time and now he is sitting somewhere in the globe after withdrawing some of his funds. Now, I am the one trying to do the same thing but he will never know how much it will be as I don't want him to feel the same way as I did. I don't seek revenge, I just want the same experience as he did.
You would really be having that kind of jealousy on the time that you have seen one of your friends having tons of money specially if he had made out some recommendation but turns out that you had just that ignored because you thought that it was some sort of scam.  Grin You would really be just that ending up on having that life time kind of regret and thinking that you should have also done that if you have just
that invested earlier but well whats done is done and cant really be taken back. If you do tend to believe into those early days then you would really be cherishing the profits that you are making.
In speaking about on the money that you have make then it would really be better that you should really be that keeping quiet in regarding about it. Dont tend to boast
up as if this one would really be putting  you on potential danger.
hero member
Activity: 2870
Merit: 642
I agree with that. I was jealous of a friend for so many times because he successfully HODL'ed a huge chunk of Bitcoin in his wallet while I was selling on that point of time. I was too doubtful and I think many Bitcoin holders did and after a good bull runs the urgency to sell will be there and it's hard to not sell.
My friend though was a pure holder for a long time and now he is sitting somewhere in the globe after withdrawing some of his funds. Now, I am the one trying to do the same thing but he will never know how much it will be as I don't want him to feel the same way as I did. I don't seek revenge, I just want the same experience as he did.
legendary
Activity: 3080
Merit: 1131
The era we are living in isn't like how things used to be in the past. You can't even trust your blood relatives these days because anyone can do anything for money. So it's not wise to think that the person you are discussing it with is close to you or is someone you trust because no one is trustworthy these days.
There are some people that we can trust but we don't have to give it fully. It is necessary to keep low despite the big achievements that we have in our lives. To remain humble really makes sense in such a way it helps us out from the interest of others. Seeing us useless gives them no reason to think something undesirable. That is why I see some (real) rich people haven't dressed so fancy or have a luxurious life. Now I realize that it is one way of keeping themselves secure.

When we have some friends gatherings, we never discuss how much we earn nor I started to talk about it but rather talk about the past.
There's no harm on being lowkey, it is really just that there are people who do really love of boasting up their earnings or on how much money they do have without even trying out to think on what are the imposed risks
if you would really be that someone whose really that loving on trying out to flex or really that too tactful on how much you have won or make money. Always be considerate when it comes to those potential
risks because not all people would really be that not caring about your money on which there would really be potential that there's someone who would really be having those bad plans into  you.

There's nothing wrong on being low key.It is really just that there are really those individuals who cant really be able to make themselves that silent on the thing
that they are really that  dealing with. Well, its their money then its their right on how they would really be gonna handling themselves but of course there would really be a corresponding risks
level or factor.
Pages:
Jump to: