Do not share your bitcoin holdings with everyone - page 6.

Lorence.xD

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Quote from: Tony116 on November 24, 2023, 06:48:06 AM

Quote from: Ale88 on November 24, 2023, 03:26:52 AM

Quote from: ajiz138 on November 23, 2023, 02:55:47 PM

Quote from: Wakate on November 23, 2023, 02:18:36 PM

Quote from: ajiz138 on November 23, 2023, 01:51:45 PM

Quote from: DirtyKeyboard on November 23, 2023, 05:08:24 AM

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Never reveal how much BTC you have just keep your mouth shut and don't know.

It's common for people like that to be pretentious and just want to know about BTC holdings, so choose friends who don't ask that question because it will always be sensitive and even I avoid it.

It doesn't make sense if we have the habit of telling people how any Bitcoin holdings we have which can be used against us if we are not careful enough or keep our secret phrase in a way that no body will know how many Bitcoin or altcoin holdings we have. Even though we intend to tell people about the mount we are holding for Bitcoin, it is good when disclose that to family members or someone that we trust rather than telling the world about what we are holding. A safe practice is good to endure safety of our holdings.

I just think it's just a careless person doing that because he doesn't think about the privacy of his ownership, if it's to the closest family, especially his wife then it's very reasonable but if he tells friends or anyone other than family then he has shown publicly about the assets he has, this is likely to cause a little problem.

If to friends just teach them how to understand bitcoin so that they understand and don't ask again.

I don't know why you guys keep worrying about friends of people you know asking you how many bitcoins you owner: I think it's easier that the same person that owns several bitcoins will tell his friends just to brag about it. I own a little cryptocurrencies, I know other people who do as well, we never asked each other what we own.

Bragging is really something we should avoid, but I find people are too stressed about revealing their bitcoin holdings to loved ones. This makes me ask the question, how much bitcoin do they own that makes them wary and always suspicious of their loved ones? 100BTC or 1000BTC? I really want to know how much bitcoin they own for people who are willing to not trust anyone just because of bitcoin. Bitcoin is just money, do we need to take things more seriously?

That's their own preferences, we all have our own experiences and home environments even our loved ones, they don't even wanna reveal their Bitcoin holdings no matter how much they have. Imagine that you just tell them that you are involved in a cryptocurrency which they lack knowledge but automatically they would expect you that you are making money, from that they could either ask you for money or even worse try to steal it since there's already a lot of cases that even blood-related could do such illegal things for their own sake convenience. Remember that this world runs on money, a lot of crimes that have existed involve money, cause no matter how much you have even just a small amount of BTC, its still yours, so it is up to you to decide which you can trust and keep it secret.

Tony116

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Quote from: Ale88 on November 24, 2023, 03:26:52 AM

Quote from: ajiz138 on November 23, 2023, 02:55:47 PM

Quote from: Wakate on November 23, 2023, 02:18:36 PM

Quote from: ajiz138 on November 23, 2023, 01:51:45 PM

Quote from: DirtyKeyboard on November 23, 2023, 05:08:24 AM

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Never reveal how much BTC you have just keep your mouth shut and don't know.

It's common for people like that to be pretentious and just want to know about BTC holdings, so choose friends who don't ask that question because it will always be sensitive and even I avoid it.

It doesn't make sense if we have the habit of telling people how any Bitcoin holdings we have which can be used against us if we are not careful enough or keep our secret phrase in a way that no body will know how many Bitcoin or altcoin holdings we have. Even though we intend to tell people about the mount we are holding for Bitcoin, it is good when disclose that to family members or someone that we trust rather than telling the world about what we are holding. A safe practice is good to endure safety of our holdings.

I just think it's just a careless person doing that because he doesn't think about the privacy of his ownership, if it's to the closest family, especially his wife then it's very reasonable but if he tells friends or anyone other than family then he has shown publicly about the assets he has, this is likely to cause a little problem.

If to friends just teach them how to understand bitcoin so that they understand and don't ask again.

I don't know why you guys keep worrying about friends of people you know asking you how many bitcoins you owner: I think it's easier that the same person that owns several bitcoins will tell his friends just to brag about it. I own a little cryptocurrencies, I know other people who do as well, we never asked each other what we own.

Bragging is really something we should avoid, but I find people are too stressed about revealing their bitcoin holdings to loved ones. This makes me ask the question, how much bitcoin do they own that makes them wary and always suspicious of their loved ones? 100BTC or 1000BTC? I really want to know how much bitcoin they own for people who are willing to not trust anyone just because of bitcoin. Bitcoin is just money, do we need to take things more seriously?

moneystery

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people are getting crazier nowadays, even the people closest to us can become someone who is unsafe for us just because of the wealth we have. that's why, as many members in this thread have said, it's important to protect the assets we have and not brag too much about what we have now because we don't know who is after our assets and who is jealous of our wealth. and just being quiet with our assets is the best choice and makes life worry-free.

Ale88

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Quote from: ajiz138 on November 23, 2023, 02:55:47 PM

Quote from: Wakate on November 23, 2023, 02:18:36 PM

Quote from: ajiz138 on November 23, 2023, 01:51:45 PM

Quote from: DirtyKeyboard on November 23, 2023, 05:08:24 AM

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Never reveal how much BTC you have just keep your mouth shut and don't know.

It's common for people like that to be pretentious and just want to know about BTC holdings, so choose friends who don't ask that question because it will always be sensitive and even I avoid it.

It doesn't make sense if we have the habit of telling people how any Bitcoin holdings we have which can be used against us if we are not careful enough or keep our secret phrase in a way that no body will know how many Bitcoin or altcoin holdings we have. Even though we intend to tell people about the mount we are holding for Bitcoin, it is good when disclose that to family members or someone that we trust rather than telling the world about what we are holding. A safe practice is good to endure safety of our holdings.

I just think it's just a careless person doing that because he doesn't think about the privacy of his ownership, if it's to the closest family, especially his wife then it's very reasonable but if he tells friends or anyone other than family then he has shown publicly about the assets he has, this is likely to cause a little problem.

If to friends just teach them how to understand bitcoin so that they understand and don't ask again.

I don't know why you guys keep worrying about friends of people you know asking you how many bitcoins you owner: I think it's easier that the same person that owns several bitcoins will tell his friends just to brag about it. I own a little cryptocurrencies, I know other people who do as well, we never asked each other what we own.

DirtyKeyboard

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Quote from: rojan on November 23, 2023, 11:31:53 AM

-snip-

Your post does not oppose my opinion. We are talking about the amount here. We should not tell anyone the amount. No matter who it is. Yes, your wife should know that you have Bitcoin and hold it in a wallet and on which device. If she does not understand how to access it, you can even teach her about it. But telling the amount for now is not necessary.

Womens usually share many things with their friends. You never know if she is going to share it with her friends too. So, not telling the amount is a smart move.

And if you have separate finances, convince your SO to start their own DCA program, as part of a responsible overall investment plan.
Keep stacking friends.

Learn Bitcoin

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Quote from: rojan on November 23, 2023, 11:31:53 AM

Quote from: Learn Bitcoin on November 23, 2023, 05:12:18 AM

I guess that is an exception point. You have mentioned about wife and children! Well, you should trust your better half with everything. If you do not trust her, the relationship is not good enough. I do not share how much I hold with anyone. Not even with my wife. I just told her I had Bitcoin and kept it there. I don't have to say to her the amount. I told her, if something happens to me, please find it and use it for you and the family. Sharing the amount is not necessary. But it's essential to tell that you have something. Isn't it better than telling the amount?

Wife is a part of your life so you should tell your wife about various things especially financial condition because if you die suddenly your property will be owned by your wife and children so they must know in advance how your financial condition is and where you are. Holding. If they know these, they can access them very quickly in your presence. And the relationship will be better for these things. I totally agree with your statement

Your post does not oppose my opinion. We are talking about the amount here. We should not tell anyone the amount. No matter who it is. Yes, your wife should know that you have Bitcoin and hold it in a wallet and on which device. If she does not understand how to access it, you can even teach her about it. But telling the amount for now is not necessary.

Womens usually share many things with their friends. You never know if she is going to share it with her friends too. So, not telling the amount is a smart move.

barisbilgili

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Quote from: decodx on November 23, 2023, 03:39:24 PM

No doubt, it's smart to keep the lid on things when it comes to blabbing how much BTC you've scraped together. Like you said, better not to gab with peeps who might stab you in the back or have their own shifty agendas, know what I mean?

Plus aside from dodging hacks or heists, flying under the radar also keeps the spotlight off you. No reason to wave around what you've accumulated and risk sticking out like a sore thumb, attracting shady characters or other headaches.

Yes, I understand what you mean, we don't have to talk to other people about how much BTC we have accumulated, because this will be a threat to ourselves and also our personal security, we will not know people who have evil intentions after knowing that We save a lot of BTC, so it would be better for us not to tell anyone about this, except for people we really trust.

taufik123

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Quote from: ajiz138 on November 23, 2023, 02:55:47 PM

-snip-
then he has shown publicly about the assets he has, this is likely to cause a little problem.

Doing so is a foolish act, his purpose is actually just to show off and be arrogant by owning a lot of Bitcoin,
even though we don't know whether the person we show the Bitcoin address has a grudge and evil plan or not.
It's better to shut everything off from the spotlight of others, rather than being the target of crime and hacking.

Quote from: decodx on November 23, 2023, 03:39:24 PM

No doubt, it's smart to keep the lid on things when it comes to blabbing how much BTC you've scraped together. Like you said, better not to gab with peeps who might stab you in the back or have their own shifty agendas, know what I mean?
-snip-

It's better to stay away and look like you have nothing, than to look arrogant with a lot of Bitcoin ownership.
Sometimes those who have already shown off, too much expand the spotlight through social media, even though it can be seen by everyone,
there will be people who try to steal it and people who will stab in the back, start making evil strategies.

decodx

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No doubt, it's smart to keep the lid on things when it comes to blabbing how much BTC you've scraped together. Like you said, better not to gab with peeps who might stab you in the back or have their own shifty agendas, know what I mean?

Plus aside from dodging hacks or heists, flying under the radar also keeps the spotlight off you. No reason to wave around what you've accumulated and risk sticking out like a sore thumb, attracting shady characters or other headaches.

ajiz138

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Quote from: Wakate on November 23, 2023, 02:18:36 PM

Quote from: ajiz138 on November 23, 2023, 01:51:45 PM

Quote from: DirtyKeyboard on November 23, 2023, 05:08:24 AM

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Never reveal how much BTC you have just keep your mouth shut and don't know.

It's common for people like that to be pretentious and just want to know about BTC holdings, so choose friends who don't ask that question because it will always be sensitive and even I avoid it.

It doesn't make sense if we have the habit of telling people how any Bitcoin holdings we have which can be used against us if we are not careful enough or keep our secret phrase in a way that no body will know how many Bitcoin or altcoin holdings we have. Even though we intend to tell people about the mount we are holding for Bitcoin, it is good when disclose that to family members or someone that we trust rather than telling the world about what we are holding. A safe practice is good to endure safety of our holdings.

I just think it's just a careless person doing that because he doesn't think about the privacy of his ownership, if it's to the closest family, especially his wife then it's very reasonable but if he tells friends or anyone other than family then he has shown publicly about the assets he has, this is likely to cause a little problem.

If to friends just teach them how to understand bitcoin so that they understand and don't ask again.

Wakate

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Quote from: ajiz138 on November 23, 2023, 01:51:45 PM

Quote from: DirtyKeyboard on November 23, 2023, 05:08:24 AM

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Never reveal how much BTC you have just keep your mouth shut and don't know.

It's common for people like that to be pretentious and just want to know about BTC holdings, so choose friends who don't ask that question because it will always be sensitive and even I avoid it.

It doesn't make sense if we have the habit of telling people how any Bitcoin holdings we have which can be used against us if we are not careful enough or keep our secret phrase in a way that no body will know how many Bitcoin or altcoin holdings we have. Even though we intend to tell people about the mount we are holding for Bitcoin, it is good when disclose that to family members or someone that we trust rather than telling the world about what we are holding. A safe practice is good to endure safety of our holdings.

synchronym

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Quote from: arhipova on November 02, 2023, 11:34:24 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.

op If the incident you mentioned is true then it is very sad. It is better not to show people how many bitcoins are in my wallet. Because the thing about bitcoin is to do with privacy, if I show someone how many bitcoins I have in my wallet, I will be fooled. Because of that, he has such a big danger today because of showing bitcoin wallet, so never show wallet to anyone while maintaining bitcoin privacy. But many will be aware through this brother. The biggest stupidity is that the wallet cannot be shown to anyone. If it is shown too much, people are becoming selfish.

JunkieMiner

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In my opinion this things didn't happen with only the bitcoin even it can happen with anything you have. Mostly people store more golds and I have seen some thief here in my country when they caught some person then they always go and ask for the gold from the person even he have gold at his home. In most of the houses in our country the Gold has been stolen. The first thing the thefts is going for is the Gold they have at their home which should also be kept secret. The main problem is of money even we don't have to share how much money we have.

ajiz138

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Quote from: DirtyKeyboard on November 23, 2023, 05:08:24 AM

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Never reveal how much BTC you have just keep your mouth shut and don't know.

It's common for people like that to be pretentious and just want to know about BTC holdings, so choose friends who don't ask that question because it will always be sensitive and even I avoid it.

Winterfrost

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Apart from Bitcoin when it comes to do with monetary system its best you keep your amount to yourself and not to share it with friend or family. Even if it seems like a small amount now, it could become a significant sum of money in 10 years. An this would make people around you look into your money because they are aware if what you have.

It's great to share information about bitcoin with your friends and family, but it's generally not a good idea to openly share how much you have invested, even if you trust the people you're talking to. This is for security reasons and to avoid making others feel uncomfortable or discouraged about their own investments.

Russlenat

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Quote from: Mauser on November 07, 2023, 03:39:40 AM

Quote from: arhipova on November 02, 2023, 11:34:24 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.

For me crypto currencies are just another currency like US Dollar or the Euro and I would never share publicly how much Euros I carry with me when I am going out, or how much money I have in my bank account. These are private information that I might share with my closest friends and my family, but never publicly. Bitcoin shouldn't be treated any other way. What good does it do if we are open with how much money we have invested in cryptos? To me it doesn't seem that there is any benefit from it and only will make feel people bad or even risk our own health. The kidnapping story is a very rare occurrences and I wouldn't worry so much about it in my country. Here it's more about being polite to strangers, because we don't know in which financial situation they are and it would be wrong to tell them how much money we have. I can happily talk about crypto currencies without mentioning how much I have myself.

Whether its being polite or just your way to brag what you have, it's really not appropriate to flaunt your wealth because aside that it will develop envy from other people, it will certainly put yourself into danger knowing you have countless wealth that you hide within yourself. You know this kind of news is not rare in our country because it's really happening most especially to those known elite people that are publicly flaunting their wealth.

Still, whatever your reason of letting your relatives know about bitcoin, its really improper to expose whatever wealth you have achieved. Although it could be a source of inspiration for others, but for majority it could always lead a crime so they can grab and steal whatever luxury or wealth you currently have.

rojan

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Quote from: Learn Bitcoin on November 23, 2023, 05:12:18 AM

Quote from: Minecache on November 20, 2023, 12:24:00 AM

But if even those close to you hide it from them, is it right for you to do it? Have you ever thought that if you don't share your investment with anyone, even your closest relatives like your wife, and you suddenly pass away, those bitcoins will also disappear in waste? Are you living and investing for yourself or for loved ones like your parents, wife and children? If you only care about yourself, you're too selfish because without your parents, you wouldn't be where you are today.
Bitcoin is just money, it cannot be more precious than the love of parents or spouses. If you lose bitcoin, it is not difficult to get it back, but love cannot be regained.

I guess that is an exception point. You have mentioned about wife and children! Well, you should trust your better half with everything. If you do not trust her, the relationship is not good enough. I do not share how much I hold with anyone. Not even with my wife. I just told her I had Bitcoin and kept it there. I don't have to say to her the amount. I told her, if something happens to me, please find it and use it for you and the family. Sharing the amount is not necessary. But it's essential to tell that you have something. Isn't it better than telling the amount?

Wife is a part of your life so you should tell your wife about various things especially financial condition because if you die suddenly your property will be owned by your wife and children so they must know in advance how your financial condition is and where you are. Holding. If they know these, they can access them very quickly in your presence. And the relationship will be better for these things. I totally agree with your statement

Nrcewker

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Quote from: arhipova on November 02, 2023, 11:34:24 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.

Not only Bitcoins, be it any type of investment, never share it with anyone other than some close family members like mother or spouse, whom you trust the most. Shame on that relative that he tried to do all this for just some few amount of money. Moreover it’s always wise to keep your crypto investments private, as in many countries Bitcoins are not regulated, so if by chance someone complains against you, then some government can press charges on you claiming that these Bitcoin holdings are illegal holdings and you are not paying taxes for it. So enjoy the profits and investments yourself only, and never share it with anyone.

Learn Bitcoin

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Quote from: Minecache on November 20, 2023, 12:24:00 AM

But if even those close to you hide it from them, is it right for you to do it? Have you ever thought that if you don't share your investment with anyone, even your closest relatives like your wife, and you suddenly pass away, those bitcoins will also disappear in waste? Are you living and investing for yourself or for loved ones like your parents, wife and children? If you only care about yourself, you're too selfish because without your parents, you wouldn't be where you are today.
Bitcoin is just money, it cannot be more precious than the love of parents or spouses. If you lose bitcoin, it is not difficult to get it back, but love cannot be regained.

I guess that is an exception point. You have mentioned about wife and children! Well, you should trust your better half with everything. If you do not trust her, the relationship is not good enough. I do not share how much I hold with anyone. Not even with my wife. I just told her I had Bitcoin and kept it there. I don't have to say to her the amount. I told her, if something happens to me, please find it and use it for you and the family. Sharing the amount is not necessary. But it's essential to tell that you have something. Isn't it better than telling the amount?

DirtyKeyboard

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Fly free sweet Mango.

The best answer to the question, "How many BTC do you have?" is, "Not enough."

Keep stacking friends.

Topic: Do not share your bitcoin holdings with everyone - page 6. (Read 1996 times)