Do not share your bitcoin holdings with everyone - page 12.

Lorence.xD

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Quote from: Publictalk792 on November 03, 2023, 12:44:47 PM

Yes of course my dear friend. This will be harmful for you or for that person who will show its holding amount of Bitcoin or any other crypto. Like you have mentioned a story which is totally telling us a moral. Which is that never show your holdings to anyone. So if anyone will do that so he/she can face a tough time because anyone can do anything bad and can ask you to withdraw your holdings and will ask to send it to him. So always show your holdings to a trusted person.

Revealing that you are owning a Bitcoin especially to strangers could literally be a threat as they might do illegal things just to attain your holdings like hacking your device, stalking and worst is violence. That's why it's really better to share your Bitcoin experienced to people you trust and you know that they would acknowledged your introduction to Bitcoin, because we know that the common reason why some people share their Bitcoin experience is to spread the benefits and opportunity they can get from Bitcoin. Plus in case of emergency like something bad might happened to you, then there's someone that can help you to recover your funds.

Y3shot

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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.

This is not just about bitcoin, but anything that has to do money or wealth. The person was kidnapped because the people understands that bitcoin have value and they might have also know the amount of Bitcoin he has in the wallet. If it was also fiat they discovered that he had the same incident would have happened. People just need to be very careful keeping their wealth secrete to themselves, and to reduce the level of flamboyant life they live, this is the easiest way of letting people know how much one is worth.

SOKO-DEKE

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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.

That is why it is never a good idea to tell people much about yourself, because that will later be the channel that they will follow whenever they want to attack someone. I may say that if nobody knows much about it cryptocurrency involvement, they could not even kidnap the person because. But I don't know why some people love telling so much about themselves to people or
show much about themselves in social medias especially when it term of their financially abilities,but may be they doing it to gain respect because I don't see why I need to tell people so much about myself, if not the reason of respect people are looking for.

Bitcoin investment It is a very calm and cool privacy investment that if you don't tell anyone about yourself, they will know nothing about you. It is not like others physical investments. In fact, nowadays, anyone who tells a person that they are into bitcoin investment will always assumed that person is rich because they know the value of bitcoin. So the idea of someone exposing themselves to people can easily lead them into different which can even make them lose their life's in short even their families.

suzanne5223

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Quote from: Natsuu on November 03, 2023, 06:04:07 AM

I feel bad about him. It’s not his fault that he shared his investment to a relative.

It is his fault for showing his cryptocurrency investment to relatives because humans will always be human and we have seen good people go bad because of money. Besides, the news of crypto investors getting killed and robbed by close friends/family should be a lesson for him.

Quote from: Natsuu on November 03, 2023, 06:04:07 AM

Why do those people who take advantage of the fortunate ones exists.

That's because it's human nature to be jealous but every human that can't control his/her jealous buzz will lead into something else and that is the case of what happened to the person OP was talking about. Besides, this reminds me of Fernando Perez Algaba a crypto billionaire who was murdered years ago.

chmod755

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Quote from: coolcoinz on November 03, 2023, 01:08:50 PM

The advice is good and I agree that it's important not to brag, but on the other hand you want others to know about this opportunity.

I told some people that I made crypto profits in the past, but I did not tell them that I still own some cryptocurrency.

Profits in the past are not an indication that people will profit from crypto in the future, maybe something else will replace cryptocurrencies completely...!

Biznesmen

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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 have also heard about lots of kidnapping news and the kidnappers asking about Bitcoin wallet accessibility. Whenever we improve the safety of our income by using technology and create new income through new technology, we should also be alert to scammers both online and offline. Online scammers are stealing our money and data; robbery and kidnapping are situations that are even more threatening or dangerous to our lives. Bragging about our income directly or indirectly leads to trouble, not only from strangers, but most close ones are the real culprits sometimes. So apart from trading and making money, learn how to safeguard the money by using technology.

coolcoinz

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The advice is good and I agree that it's important not to brag, but on the other hand you want others to know about this opportunity.

Imagine the conversation going like this:
-Hey, have you heard of bitcoin? Maybe you'd like to move some money there since you're looking for an investment.
-Have you invested some of your money?
-I can't tell you.

Sure, we should be cautious with our money, but let's not take it to extremes.

Publictalk792

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Yes of course my dear friend. This will be harmful for you or for that person who will show its holding amount of Bitcoin or any other crypto. Like you have mentioned a story which is totally telling us a moral. Which is that never show your holdings to anyone. So if anyone will do that so he/she can face a tough time because anyone can do anything bad and can ask you to withdraw your holdings and will ask to send it to him. So always show your holdings to a trusted person.

Cryptomultiplier

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Quote from: Z_MBFM on November 03, 2023, 11:47:13 AM

Quote from: arhipova on November 02, 2023, 10:34:24 AM

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 have actual evidence of this and such an incident happened in front of me. A friend of mine came to visit my city from far away, and met another person from the same city online. And he easily convinced her a little bit and happily shared with her that he had $105k in BNB, BTC and USDT. As a result the friend was kidnapped and the entire $105k was taken from him. My friend gives those dollars to kidnappers to save his life. He is now financially damaged and his condition is very bad. Because he invested all his money there and also took some loans. So I would suggest that everyone hides his holdings.

Similar stories like yours, I have heard too, and although this had nothing to do with Bitcoin, it stresses on one of the dangers that exist when anyone goes about blabbing to anyone no matter how close, mostly to a supposed friend, about how much they have or earn or kept in HODLing.

The worst about the subject of crypto is that, everyone these days believe that those who trade crypto no matter the currency, have more money, and although it is not so, the most important underlined truth is that any discussion with a newbie or spy or friend, need to be more on enlightenment of how to earn or invest in some kind of crypto currency, even if it ain't necessarily BTC.
This interest will help open their minds to the possibility of owning theirs instead of thinking how to steal or kidnap to gain all ones hard earned investment.

Z_MBFM

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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 have actual evidence of this and such an incident happened in front of me. A friend of mine came to visit my city from far away, and met another person from the same city online. And he easily convinced her a little bit and happily shared with her that he had $105k in BNB, BTC and USDT. As a result the friend was kidnapped and the entire $105k was taken from him. My friend gives those dollars to kidnappers to save his life. He is now financially damaged and his condition is very bad. Because he invested all his money there and also took some loans. So I would suggest that everyone hides his holdings.

Renampun

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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.

There are many people out there who struggle hard and are crazy enough to get money so they will commit any crime just to have money and now Bitcoin is known as one of the assets that can make someone rich overnight so there's no need to be surprised when you brag about yourself having large amounts of bitcoin or other crypto assets, you will become a target for fraudsters and robbers.

don't flex - don't show off - don't brag about whatever you earn and have, especially if it is related to Bitcoin or the famous altcoin, you are just slowly putting yourself into the crocodile's nest.

livingfree

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Quote from: Quidat on November 02, 2023, 04:17:55 PM

Quote from: livingfree on November 02, 2023, 04:12:09 PM

It's best to remain lowkey when the topic is all about how much Bitcoin you're holding. Because you don't know what's on the mind of these people even if they are your relatives.

You'll never know how they're going to react when they're in a situation that deals with financial hardships while you're there showing how much money you've got.

If they are in dire need, they could do the impossible. And just as these news below in the past, we should be careful not to get kidnapped and attacked by a $5 wrench.

Missing Crypto Millionaire, 41, Found by Children Dead and Dismembered in Suitcase in Argentina

Some teenagers are making a fortune trading Bitcoin—one even got kidnapped because of his success

This is the key on which making yourself that "Low key" it isnt really just that hard on doing so if you do really give out importance into your life. There's nothing that you could lose
if you do just remain to be this way on which you are really that avoiding into those potential life threatening situation if you do just simply zip your mouth and never talk about on how much
money you do have because just like on what mostly been said on people on here that you are really just that putting yourself in danger. We know that money is precious and there are really
people who do just simply jump in and would really be killing out people just for the sake of money. Whom does really want that? So if you dont like on getting killed
then better shut up your mouth.

Live according into your liking but of course dont tend to share up on how much money you do have and how much you do own.
Criminals are really just that lurking in the shadows and just really that wait up for the perfect opportunity on which they could be able to kill someone for the sake of money.

It's not hard to remain low key but sometimes when our ego needs some feeling. We tend to boast what we have especially with our Bitcoin holdings.

We are trying to control that to ourselves but we're having hard time controlling it when we're already in front of the people that we're comfortable talking to.

But that's the problem, you don't know the minds of the people you're talking to even if you know them personally.

Solosanz

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Quote from: Natsuu on November 03, 2023, 06:04:07 AM

I feel bad about him. It’s not his fault that he shared his investment to a relative. Why do those people who take advantage of the fortunate ones exists.

No one cares, as long as they can make money instantly, why not?

Money is the most important, while friend or relative is more than one which mean you can get more friend or relative especially if you're have a lot money.

It's wrong? yes, but most of people think like what I said above, so trust no one and keep being private.

barisbilgili

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Quote from: sokani on November 03, 2023, 08:48:24 AM

Quote from: arhipova on November 02, 2023, 10:34:24 AM

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.

It's good to tell people about bitcoin but it's another thing to show people your bitcoin holding. Flaunting your wealth or showing people your Bitcoin holding is like cutting yourself with a knife and attracting sharks to yourself. The bible says that the heart of a man is deliberately wicked, who can know it.

So anyone can harm you, even your closed friend or relative can screw you up and steal your funds. I'm very discreet with my crypto dealings and holdings in other not to attracting unnecessary attention and putting myself in trouble.

Showing off Bitcoin ownership to other people will certainly put us in an unsafe condition, it is very possible that people who know we have Bitcoin will have evil intentions with the assets we own, so it would be better for us to keep it with no one knowing and that could make us safer in holding Bitcoin. Indeed, no one can know what is in someone's heart even if they are very close to that person. We just need to be careful with our Bitcoin ownership so as not to attract the attention of people who have evil intentions towards us.

sokani

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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.

It's good to tell people about bitcoin but it's another thing to show people your bitcoin holding. Flaunting your wealth or showing people your Bitcoin holding is like cutting yourself with a knife and attracting sharks to yourself. The bible says that the heart of a man is deliberately wicked, who can know it.

So anyone can harm you, even your closed friend or relative can screw you up and steal your funds. I'm very discreet with my crypto dealings and holdings in other not to attracting unnecessary attention and putting myself in trouble.

|MINER|

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Quote from: arhipova on November 02, 2023, 10:34:24 AM

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 don't think any wise people will share his these kinds of information to any other third party people. There are many people who tell this information to outsiders just to show off there nothing but only stupid. You have to learn what is bitcoin what is cryptocurrency. It's mean a disappear currency. The story you mentioned is actually happening in the world all the time. A very small number of these have come before us, many of which remain outside the records. So we have to protect our own privacy and learn the actual uses of Bitcoin.

Inwestour

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Quote from: Zaguru12 on November 02, 2023, 10:43:21 AM

This advice should be just straightforward do not flaunt your wealth. If you use the search function you will see members have created this kind of threads and posts warning of this. It doesn’t only exposes you to the government eyes but also exposes both you and your family to dangers. Sadly this is one of the many bad things social media has introduced, many People mostly Gen Z flaunts themselves and don’t see it as breaching their own privacy.

Also many people have had this bad narrative that those involved in bitcoin investment are super rich people because they make profit everyday. So when news of you having them go out you are at a huge risk of getting kidnapped or killed for it

This could attract even more attention in a bull market when Bitcoin reaches 100k, so one important rule to always remember is that money loves silence. The new generation loves to put their lives on display, demonstrate on social networks, everything from the moment they wake up to what they eat and where they go.

But even more stupid things, in my opinion, are done by bloggers who talk about their investments in cryptocurrencies, show off their portfolios and their profits. It is logical that this will attract the attention of criminals who want to steal this money. You need to think several times whether it is worth doing this and whether it will bring benefit or perhaps only harm.

AicecreaME

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You should've added the link where we can read or watch the news you were talking about.

Nonetheless, it's not really recommended or worth to share your bitcoin holdings or any kind of investment you have to your relatives, friends, or even to your family that envy your success in a bad way. Trust no one, but yourself, since you're not gonna get anything from bragging your wealth, whether it's on social medias or when you're out with your family and friends.

Stay lowkey and keep them wondering about your success.

Promocodeudo

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Riches is not hidden but that doesn't meant that you should show up to people, indirectly letting them to know that you have million worth of investment, the evil that has befallen many rich personalities today is a result of their pride, the talk uncontrollably in the public nig minding who's is who around them, our society today is full of crime and social vices, people have to advise themselves, miscreant are everywhere looking for information that will enable them to carry out their evil doings, mind what you do, not everyone around you like you, this is the reason why every hodler needs to be extremely careful to avoid this event from occurring, sometimes keeping some information to yourself will help you.

Bitcoin_people

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A person must be completely safe while holding Bitcoins or else one can definitely fall victim. When a person holds all his money in bitcoins and tells other people about it, that person's greed will work. Because investing in crypto is a huge amount of money and one time when its value increases and doubles the amount no one can handle the greed. That's why you should not share Bitcoin holdings with your relatives as it can definitely cause harm to you. So we should not tell anyone about the invested bitcoins it will be maximum security and no one will know. Moreover, in countries where Bitcoin is illegal, one should not talk about Bitcoin as it can harm a Bitcoiner the most. That is why you should not share your money with anyone else, it is safest that no other person knows the amount of money you invest except you.

Topic: Do not share your bitcoin holdings with everyone - page 12. (Read 2971 times)