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Topic: Do not share your bitcoin holdings with everyone (Read 2726 times)

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YES OFFCOURSE NOT ONLY CRYPTO OR BIT COIN OR ANY OTHER ONLINE CURRENCY AND OFFLINE CURRENCY ALSO, EVEN FAMILY MEMBERS ALSO NOT SHARED, MONEY OR MONEY RELATED THINGS WILL DISTROY ANY RELATIONS, MONEY IS EVERYTHING IN LIFE OTHER THAN RELATIONS
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/snipe
Right, brother! I agree with you. Showing off wealth attracts unnecessary attention and is dangerous. It is much safer not to flex your money on social media, In the era of social media, showing off your wealth is very dangerous. Showing off on social media is like temptation. Money does love silence, but peace of mind and safety are way more important than this. Great advice!
member
Activity: 237
Merit: 93
Humble Bitcoin Stacktivist
Oddly enough, this is why I want bitcoin adoption to take place at large scale.

If all of society is "rich", then the rich can hide in a larger set of people and fewer single entities are targeted just because of their wealth.

hero member
Activity: 910
Merit: 677
It should be like that so that we avoid some things that are not wanted as the worst possibility, and of course this is also in line with the concept of anonymity which has always been emphasized from the start so that we should have a little limit so that we don't show ourselves too clearly, it's just that sometimes things like this become a little difficult just because in some cases sometimes they want a thirst for achievement and prestige to be recognized by others that they are successful in having a lot of assets in their portfolio.

This cannot be avoided because I often see some of my friends who are still quite fond of seeing them uploading what they have for consumption on social media which is actually quite dangerous because we must be aware that this will actually make us consciously or unconsciously submit ourselves to be targeted by some people who have bad intentions.



You shouldn’t share about crypto assets, your economy, and things that should be private to you on social media. Yes, a lot of things are shared on social media today and people get to know each other that way. The increasing consumerism and ostentation has led to social media being used for this purpose.

It is dangerous for people with bad intentions to know about you. Showing off or talking about your assets on social media will make you a target for people with bad intentions. Being careful about what you share on social media is a great security measure.
As I said earlier that it should definitely be reduced even if possible should not be done but it can not be denied that for now it seems that when someone can not brag about themselves on social media it sometimes makes some of them feel that it is a lack of things so in the end there are always a lot of people who try to continue to make some achievements including bragging about themselves when showing off their assets.

Moreover, for some conditions sometimes it is used as a condition to lure people to follow them due to the assets they have. Not a few people do things like this. Although in the end this goes back to them too because they are free to do whatever they want but on the other hand they indirectly unconsciously open their anonymity and make them a target (target) of irresponsible people due to their own actions in the end as the worst impact.

They are actually not too aware of the bad possibilities that occur because the focus is only on making public consumption that does not actually need to be done.
sr. member
Activity: 504
Merit: 266
Most Bitcoin holders keep their holdings by installing wallets on their mobile phones. If for some reason a holder's Bitcoin holdings become public, it becomes risky for him to walk the streets. Bad things like robberies or kidnappings can happen any time malicious fraudsters find out about Bitcoin holdings. Or if the mobile is hacked or stolen for some reason, thieves or fraudsters can certainly gain access to the Bitcoin wallet. So maintaining privacy regarding Bitcoin holdings certainly emphasizes your own security. Just as your Bitcoin is good for you, it can also be bad for you if someone outside finds out about your Bitcoin.
hero member
Activity: 966
Merit: 764

It is safe for us to always keep our crypto assets from social media because we don't even know who could have the capacity to lure us getting access to our password or seed phrases maybe through corrupt link or whatsoever. Many scammers are on the Internet and they are always observing looking for their next victim to steal from. As a crypto investor, it is better we discuss about cryptocurrency in a neutral ground than trying to impress the public exposing the worth of our crypto assets. This alone can attract scammers and hackers to keep tracking our conversion so that they could get access to our password or something that will ease them to steal from us.
It should be like that so that we avoid some things that are not wanted as the worst possibility, and of course this is also in line with the concept of anonymity which has always been emphasized from the start so that we should have a little limit so that we don't show ourselves too clearly, it's just that sometimes things like this become a little difficult just because in some cases sometimes they want a thirst for achievement and prestige to be recognized by others that they are successful in having a lot of assets in their portfolio.

This cannot be avoided because I often see some of my friends who are still quite fond of seeing them uploading what they have for consumption on social media which is actually quite dangerous because we must be aware that this will actually make us consciously or unconsciously submit ourselves to be targeted by some people who have bad intentions.



You shouldn’t share about crypto assets, your economy, and things that should be private to you on social media. Yes, a lot of things are shared on social media today and people get to know each other that way. The increasing consumerism and ostentation has led to social media being used for this purpose.

It is dangerous for people with bad intentions to know about you. Showing off or talking about your assets on social media will make you a target for people with bad intentions. Being careful about what you share on social media is a great security measure.
hero member
Activity: 910
Merit: 677

It is safe for us to always keep our crypto assets from social media because we don't even know who could have the capacity to lure us getting access to our password or seed phrases maybe through corrupt link or whatsoever. Many scammers are on the Internet and they are always observing looking for their next victim to steal from. As a crypto investor, it is better we discuss about cryptocurrency in a neutral ground than trying to impress the public exposing the worth of our crypto assets. This alone can attract scammers and hackers to keep tracking our conversion so that they could get access to our password or something that will ease them to steal from us.
It should be like that so that we avoid some things that are not wanted as the worst possibility, and of course this is also in line with the concept of anonymity which has always been emphasized from the start so that we should have a little limit so that we don't show ourselves too clearly, it's just that sometimes things like this become a little difficult just because in some cases sometimes they want a thirst for achievement and prestige to be recognized by others that they are successful in having a lot of assets in their portfolio.

This cannot be avoided because I often see some of my friends who are still quite fond of seeing them uploading what they have for consumption on social media which is actually quite dangerous because we must be aware that this will actually make us consciously or unconsciously submit ourselves to be targeted by some people who have bad intentions.

hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.
Most times people who go around telling people about bitcoin doesn't know when they are gradually revealing themselves to people because they are more trickish with their questions when asking you about bitcoin. Most times i don't go ahead introducing people to bitcoin investment and i believed it was at the process of wanting to introduced people who gets to reveal himself and his total holdings that made those people planned against him to get him kidnaped. The bull run is here and we should also be mindful when it comes moving out with gadgets. 
Why will someone be that gullible to have tell the public about their crypto holding without knowing. We ought to be very careful when talking about our crypto holdings online or in the public because we might not know who is capable of luring us in exposing the value or quantity of our crypto holdings. The Internet is full of lies and we should not be so passionate everytime to the extent of getting deceived by mere words that have the potential of making us go extra miles feeling pitiful. Consciousness need to be awaken because the Internet is full of different people that can trigger our emotions in doing what we don't ought to do on a normal circumstances.
hero member
Activity: 3080
Merit: 603
At this time, it's very important that everyone remain silent on their Bitcoin holdings. With how Bitcoin is skyrocketing, many are also with their evil eyes. So, you tell only what you want to tell but in a limited conversation because you don't have to tell everything to any person even if you trust them. You trust yourself and your instinct on this matter because when it's about Bitcoin holdings and money, many ears are listening and thoughts could be dark with people you'll never know what they can do to you.

When I check some social media status, I see a lot of people that I know that do post about Bitcoin update, I'm very certain that I have Bitcoin investment than what some of them claim to be posting but I never for once do such on social media knowing fully the damage it can cause me if things turn out badly. In my place right now, we are dealing with a lot of insecurity, even the police extortion is enough reason to avoid showing off with Bitcoin.
Be careful there buddy, you don't have to flaunt your Bitcoin holdings even online and social media unless you can keep your anonymity. But if not, much better to be lowkey happily watching the price in your home.

There is this phrase if mirrors, objects in the mirror are closer than we think, this can also be apply to friends. Some people that yiu regard as friends aren't your true friends, they are just they are just waiting for opportunities to use you. Some can Rob you or even kill you but because they will look bad if caught in the action is the reason whey some of them don't move quickly, this is why private life remains the best.
Yeah, this is the whole point of it. There have been victims of a '$5 wrench attacks' and that's why we have to be careful about keeping our personal and private matters.
jr. member
Activity: 43
Merit: 23
I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.
Most times people who go around telling people about bitcoin doesn't know when they are gradually revealing themselves to people because they are more trickish with their questions when asking you about bitcoin. Most times i don't go ahead introducing people to bitcoin investment and i believed it was at the process of wanting to introduced people who gets to reveal himself and his total holdings that made those people planned against him to get him kidnaped. The bull run is here and we should also be mindful when it comes moving out with gadgets. 
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
At this time, it's very important that everyone remain silent on their Bitcoin holdings. With how Bitcoin is skyrocketing, many are also with their evil eyes. So, you tell only what you want to tell but in a limited conversation because you don't have to tell everything to any person even if you trust them. You trust yourself and your instinct on this matter because when it's about Bitcoin holdings and money, many ears are listening and thoughts could be dark with people you'll never know what they can do to you.

When I check some social media status, I see a lot of people that I know that do post about Bitcoin update, I'm very certain that I have Bitcoin investment than what some of them claim to be posting but I never for once do such on social media knowing fully the damage it can cause me if things turn out badly. In my place right now, we are dealing with a lot of insecurity, even the police extortion is enough reason to avoid showing off with Bitcoin.

There is this phrase if mirrors, objects in the mirror are closer than we think, this can also be apply to friends. Some people that yiu regard as friends aren't your true friends, they are just they are just waiting for opportunities to use you. Some can Rob you or even kill you but because they will look bad if caught in the action is the reason whey some of them don't move quickly, this is why private life remains the best.
hero member
Activity: 3080
Merit: 603
At this time, it's very important that everyone remain silent on their Bitcoin holdings. With how Bitcoin is skyrocketing, many are also with their evil eyes. So, you tell only what you want to tell but in a limited conversation because you don't have to tell everything to any person even if you trust them. You trust yourself and your instinct on this matter because when it's about Bitcoin holdings and money, many ears are listening and thoughts could be dark with people you'll never know what they can do to you.
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Activity: -
Merit: -
I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.

Not only about Bitcoin, but also about all the wealth you have, just stay simple and humble about what you have, because usually people who show off their wealth to others will end up with unpleasant things. That's why I myself don't really show off what I have and still prefer to be anonymous, even when other people ask me if I have Bitcoin I will answer that I don't have it and say that they should find out about Bitcoin themselves, not about being paranoid but I'm just being careful since there are many crazy people out there.

A humble man is a fine man for sure.
I really like people who don't jerk their bags or anything else in fact off -these people know the value and the sweat put into something like that, so they respect their own efforts and the efforts of others.
In crypto or in something else.
hero member
Activity: 1050
Merit: 592
God is great
It is safe for us to always keep our crypto assets from social media because we don't even know who could have the capacity to lure us getting access to our password or seed phrases maybe through corrupt link or whatsoever. Many scammers are on the Internet and they are always observing looking for their next victim to steal from. As a crypto investor, it is better we discuss about cryptocurrency in a neutral ground than trying to impress the public exposing the worth of our crypto assets. This alone can attract scammers and hackers to keep tracking our conversion so that they could get access to our password or something that will ease them to steal from us.
Asset like bitcoin are meant to be kept private without anyone knowing about it,  I don't see any reason why other people should have idea about your investment. The first security of an investment is to remain private, just focus on your investment and never to open up to anyone about it because revealing to people can attract people who will want to attract it. Keeping your investment within yourself makes your asset to be more security that nobody will even know if you have an asset. People just make mistakes of letting other people about their investment trying to impress and not knowing they are putting their self to danger.
sr. member
Activity: 1106
Merit: 391
I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.

Not only about Bitcoin, but also about all the wealth you have, just stay simple and humble about what you have, because usually people who show off their wealth to others will end up with unpleasant things. That's why I myself don't really show off what I have and still prefer to be anonymous, even when other people ask me if I have Bitcoin I will answer that I don't have it and say that they should find out about Bitcoin themselves, not about being paranoid but I'm just being careful since there are many crazy people out there.
jr. member
Activity: 70
Merit: 1

In my case, I trust my parents, so it's not an issue for me to share personal details about my finances with them, just like they share everything with me. But that is my case, therefore I can't say every parents are going to be trustworthy and loyal to their children, because there are situations where parents took advantage of their children and even commited crimes against them, while the opposite has also happened in other situations.

Cases of parents taking advantage of their children or vice versa are rare and we should be flexible if we are unfortunate enough to find ourselves in such a situation. Also, most parents are the most trustworthy people in this world because without them there would be no us, without their upbringing we would not be here today. So if we doubt our parents, then no one in this world will trust us, let alone give us the right to doubt others.

If the situation dictates it - then the parents, your own blood, cannot be trusted. There are different cases, but naturally, everybody would expect warmth and security from your relatives to you and vice versa. However, sometimes, it's not the case, and many just crave this because they didn't feel it in the first place. They crave the ability to trust somebody like a family member to them.
copper member
Activity: 56
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To tell people to not trust anyone is too extreme. I think you have to discern who you can trust from who you can't. At some point in your life, inevitably you have to trust someone, otherwise you are going to have a hard time doing business, making friendships and building a professional career.

I think people are just talking about outsiders, strangers because in life, we cannot survive without trusting anyone or without anyone trusting us. Everyone has closest relatives, people who accompany us in life. People who have no relatives, no trustworthy people are just failures because they trust no one and no one trusts them.

Even if you don't have relatives who can be trusted - some friends become a family for a person, their own safe space, so to speak. Also I agree that no stranger or lucrative person should be trusted with such info, there is always someone who you can put your shoulder on in a case of dire situations. That's our nature to stick together, on a different level.
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The only people you can trust on this earth are probably your parents and then your spouse, and trust your spouse if only you know he/she is trustworthy because you have been together for years, and it should be easy for you to understand that when you are living together.
In my case, I trust my parents, so it's not an issue for me to share personal details about my finances with them, just like they share everything with me. But that is my case, therefore I can't say every parents are going to be trustworthy and loyal to their children, because there are situations where parents took advantage of their children and even commited crimes against them, while the opposite has also happened in other situations.

To tell people to not trust anyone is too extreme. I think you have to discern who you can trust from who you can't. At some point in your life, inevitably you have to trust someone, otherwise you are going to have a hard time doing business, making friendships and building a professional career.

I would avoid talking to women about personal finances, though. If you don't avoid, it's going to be pretty hard to conclude if she is interested in you or in your money.

I agree with all of the points, but I would ask what Iranus said - what about your wife with who you live for a pretty long time? It's like your family at that point, in my opinion - and of course, each situation is different, but, still.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform

In my case, I trust my parents, so it's not an issue for me to share personal details about my finances with them, just like they share everything with me. But that is my case, therefore I can't say every parents are going to be trustworthy and loyal to their children, because there are situations where parents took advantage of their children and even commited crimes against them, while the opposite has also happened in other situations.

Cases of parents taking advantage of their children or vice versa are rare and we should be flexible if we are unfortunate enough to find ourselves in such a situation. Also, most parents are the most trustworthy people in this world because without them there would be no us, without their upbringing we would not be here today. So if we doubt our parents, then no one in this world will trust us, let alone give us the right to doubt others.


To tell people to not trust anyone is too extreme. I think you have to discern who you can trust from who you can't. At some point in your life, inevitably you have to trust someone, otherwise you are going to have a hard time doing business, making friendships and building a professional career.

I think people are just talking about outsiders, strangers because in life, we cannot survive without trusting anyone or without anyone trusting us. Everyone has closest relatives, people who accompany us in life. People who have no relatives, no trustworthy people are just failures because they trust no one and no one trusts them.


I would avoid talking to women about personal finances, though. If you don't avoid, it's going to be pretty hard to conclude if she is interested in you or in your money.
What about your wife?
sr. member
Activity: 462
Merit: 355
The great city of God 🔥
I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.
I think he deserves it, this serves as a lesson to keep his mouth shut. In as much as bitcoin is a good investment it also comes with some dangers attracted to it so however we must be careful how we reveal our secret, most expecially our investment. Most folks are not happy about you, they don't give a fuck about you, so showing them your bitcoin is more like someone who is digging his early grave. Bitcoin in your possession is good and also can kill you if dont keep your mouth shut the fuck up. Although from his lesson I think he will not try it again.

It is good we do the needful and stop flunting our asset and attracting people around us. I have heard severy news of people being kidnapped and killed due to revealing our bitcoin asset. So we need to be careful.
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