Do You Discuss Money With Friends? | Bitcointalksearch.org

Swordsoffreedom

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Quote from: mich on December 21, 2024, 12:26:50 AM

Well I think it is bad to discuss finances with friends because you don’t want them knowing how much money you have. If you do discuss the finances they can put a value on you.

If your friends knew that you were rich or wealthy they probably would be asking to borrow money all the time. But the bad thing about it too is if you discuss finances with your friends, then your friends would also put a value on your friendship. And that is not something we want from our friends.

When we discuss finances with friends, it doesn't mean we have to tell them how much money we have, what assets we own and how much they are worth...We can talk about making money, business, saving money, investing...that is also a financial discussion.

Moreover, if we have considered each other as friends, I think there is no need to tell them, they will know what kind of people we are through the way we dress, eat and spend in our daily lives. And hiding it from them is impossible and does not bring any benefit. Like us, i have a group of friends more than 10 people and we always drink coffee every morning or get together on weekends. Although we never explicitly state how much money each person has, it's not hard to find out if we want to but we don't mind that because we play together because we get along, not for money.

Jody.Drummer

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I have a friend who previously lived so casually because he didn't think about anything other than surviving with the needs that were met from the income he had. One time I had a casual chat he wanted to start a business or business this happened because he was asked to marry his girlfriend immediately so he had to collect a lot of money for his marriage capital, I myself think that's fine but make sure he must be ready first if he wants to get married because marriage is not a trivial thing. In addition, I have experienced financial problems and wanted to take a loan but didn't do it because there are risks and I think everyone understands this. Every now and then I discuss finances with my friends by thinking about how to make money quickly and until now I still haven't found a way.

Samlucky O

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

Sincerely speaking, it is very difficult to discuss anything cryptocurrency with friends or family because first thing that comes their mind is that you are rich in disguise because they believe anything cryptocurrency is bitcoin and bitcoin is $96k as at the time of writing this post. So it is hard to disclose your identity. Most of them will even criticize you that you are a scammer because they feel anybody doing bitcoin is a scammer depends on the type of person you are dealing with and his level of understanding or exposure. and sometimes it may put you in trouble trying to let someone know what you do. Most people has been kidnapped and killed just because of revealing information to their bitcoin holdings. So it's better to keep shot and do what is better for you, after all no one cares how you do, all they need is results. You can discuss about fiat business and keep cryptocurrency matters aside. except anyone of your relatives show much interest in bitcoin, then you can educate them. But don't reveal your Holding to him or her to stand a better chance of not being exposed.

Marvell1

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Quote from: Nanga Parbat on December 19, 2024, 02:19:54 PM

Quote from: Marvell1 on December 19, 2024, 04:19:32 AM

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We should trust on our wife because she is the partner and if any mishap happen then one person should be in your life who will be collect assets and otherwise your investments will lost. I met one person 2 years ago and he said that he bought 4000 Bitcoins at the time of launch but after few years when he saw the price of BTC and he forgot the password and he got nothing. When you will die your family need money to meet expenses and you are in the heaven and what you will do of money if you are died . Always share your personal information with 1to 2 person on which you highly trust and you know that they are trusted people.Your mother is always with you in any kind of situation and always share his money related information with mom.

That's what I mean, we should consider emergencies and unexpected situations, at least our loved ones can inherit our assets instead of taking them to the grave. That is wasteful and selfish. Because without our mothers, we wouldn't be here today and our wives will be the only ones who will be with us until we die, they deserve to know and have what we have.

Also, through this I remember in other threads most people say that to them money is not everything and there are things more important than money. But when it comes to sharing property information with relatives to prevent emergencies, they refuse and think that relatives are not trustworthy. It is clear that many people consider money to be everything and more important than the person who gave birth to them or the person who will be with them for the rest of their lives.

Bitcoin or money, if we lose it we can earn it back but if our family and loved ones are lost, we will never find it again. Many people do not understand this and think that money is all they should have, even though they are the ones who say that money is not everything Cheesy

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Oluwa-btc

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics?

This is quite a very good question and definitely having discussion as this is very crucial and mostly the persons you disclose such information to it's also important as well, so for me I don't discuss my crypto holdings with friends but then there are some friends that have been with you in the long run, those are the people I let them know about my side hustles but not necessarily my crypto holdings so they can also benefits as well.

dunfida

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Quote from: Zoomic on December 21, 2024, 02:25:31 PM

Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

My friends will only get to know how much I earn if we work for thesame employer and receive same pay or if we are in thesame field where everyone knows the standard earnings obtainable. Aside this, there is no need disclosing such information about what goes in and out of my account with friends, of what use is the information to them? The only reasonable conversation friends should have about money is ideas on how to make money together and grow financially. Form partnerships and grow businesses or skills together. Anything aside this is just fun at the expense of one's security. Not all friends should be trusted.

On this case then everything will really be known on how much you do earn specially if you do earn with the same salary but we do know that when it comes to this manner on which there are individuals who do have some other sources of income too or simply with some side hustles on which they've been dealing into. This is the time that you will be needing up to make it private because disclosing everything into your friend will really be removing that kind or privacy on which we know that this is something that risky because any could really be able to know that you are earning something better.

Well, not to be on being selfish but we do know that there are individuals who are really that taking advantage to us whenever they do know that we do have money, and also its a bit hassle that they will be keeping on asking you on how you do it. There are times that we dont really like to share up into the things that we are dealing on with and just that been said that not being a selfish man but there are thing on which arent meant to be said.

Huppercase

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

If you are my friend, that means I have really accepted to be your friend, if you are not my friend that means you are not my friend and there is no sugar coating if, you are not my friend and any other thing that I will do with you will be like an outsider, I will never share any details with you but if as soon as I consider you to bey friend, then consider the friendship to be something we can share this kind of idea together, anything outside money will be discuss together.

If we are friends, we will talk how to make money together and every opportunity that I come across, we will share it together, this is what I expected you to do as a friend and I will reciprocate the same energy together. If I found out that you are trying to outsmart me with yours, that is going to be my last time of sharing ideas and any other opportunities together, I believe when they said you rub my back and I rub yours, if the friendship becomes one sided, that's all.

Zoomic

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

My friends will only get to know how much I earn if we work for thesame employer and receive same pay or if we are in thesame field where everyone knows the standard earnings obtainable. Aside this, there is no need disclosing such information about what goes in and out of my account with friends, of what use is the information to them? The only reasonable conversation friends should have about money is ideas on how to make money together and grow financially. Form partnerships and grow businesses or skills together. Anything aside this is just fun at the expense of one's security. Not all friends should be trusted.

Findingnemo

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Yes, and it's a healthy thing to discuss about money rather sports because later brings nothing to our table. Also I noticed most of the individuals who are financially successful does that too, discuss and debate about money and their plans on how to make more. I am not saying that discussion will lead to being successful rather it gives ideas that can change the perspective of something entirely into a whole new thing. I doubt modern day kids do that anymore because they are concentrated on getting most likes for pictures or talking about girls and boys.

Scarlett_23

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I like to discuss personal matters with friends, except my crypto holdings. I also have a lot of fun with them. But I don't go too deep. If you discuss too much, jealousy can arise between friends. Moreover, I find it rude to discuss how much money you have in your bank balance or how much crypto holdings you have. However, discussing some things with friends can be very beneficial. There are some opportunistic friends among friends. Those who hear about your happiness will harm you.

mich

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Well I think it is bad to discuss finances with friends because you don’t want them knowing how much money you have. If you do discuss the finances they can put a value on you.

If your friends knew that you were rich or wealthy they probably would be asking to borrow money all the time. But the bad thing about it too is if you discuss finances with your friends, then your friends would also put a value on your friendship. And that is not something we want from our friends.

AirtelBuzz

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Quote from: Marvell1 on December 19, 2024, 04:19:32 AM

Quote from: AirtelBuzz on December 18, 2024, 11:34:05 PM

...In my opinion it is better not to share cryptocurrency with anyone, be it family or friends.

Is this a good idea? I mean with family, not friends. Not sharing with anyone will ensure the safety of our crypto assets because not all family members will keep it secret or keep our assets safe. But this also causes disadvantages that unintentionally create distance and suspicion between family members, causing family rifts. Because you don't trust anyone, not even your mother or wife, then they have no reason to trust you, and in my opinion, that's no longer family. If I had to live in such a family, I would rather not have a family because family means trusting and loving each other.

To ensure the security of crypto assets it is better for us not to discuss or share them with anyone as not everyone will keep it secret And if they don't keep it secret, it won't be safe. So I don't want to share how much crypto I have with anyone, be it friends or family. The reason for decision is so that they don't understand how much crypto wealth I have. Told my family members mom, dad, brother and wife that I earn online so that they don't doubt me.

Quote

Also, we work and invest for our families, not just for ourselves. So, it is not necessary to share with all family members but at least share with the person you trust the most.

Maybe it's a good idea but I still stand by my decision. Haven't made it clear to anyone yet that I'm earning from crypto. They believe and think that I am earning through freelancing online.

Oluwa-btc

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Quote from: hyudien on December 16, 2024, 11:06:54 AM

In my opinion, if what is meant is talking about the nominal or assets that we have, it is risky, because we never know what is on someone's mind even though they are friends. Because money is sensitive and money can change a person's character. But if we talk about business opportunities or crypto in general, that's what I do. Sharing experiences or knowledge with others is a good thing and it is very enjoyable. I believe we should have an environment like that, an environment that will talk about opportunities or the future rather than an environment that doesn't know where it is going.

To me I feel like the level of value attached by engaging in impactful conversations is what boosts and originally develops and write up one's success story.Business opportunities, general news and the all other good news were been flashed through conversations and that has led many into good deals,mind blowing ideas and generally connections.

Alone055

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

I don't feel comfortable discussing finances with friends or anyone. It's something I'd rather keep to myself. There is nothing wrong in discussing ideas and talking about sources of income or brainstorming together about what should be a good way to earn money, but if you have a source of income, you shouldn't share how much you earn from it or how much money you currently have, and especially, never share how you keep your funds because these things can turn out to go against you at times because you can't trust anyone in this era other than your parents, in my opinion.

I would rather talk about other things with friends than talk about finances or financial activities. If I want to talk about things, it would only be general things like inflation or how difficult it is to cope with economic hardships, but discussing about money such as how much you have or earn is a bad idea.

If a friend asks and insists, I would rather lie and don't say the exact figure or tell them how I keep my money. Some people might not care but I wouldn't recommend this thing no matter how much you trust a person, they can always go to any height when it comes to money. It's a harsh reality of society these days.

Faisal2202

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

If I had a friend who is also investing and interested in crypto then I would share everything with him because if he is not then I would hesitate as he has no intentions and no interest so what's the deal with sharing them with him as he can't give suggestions, and advice And what if he can't even digest the fact that you have invested and he has not, and you will make that much profit even if you won't tell only the idea of how much you bought and when is enough?

If he is not interested or has invested, then telling him would only make things worse, so I would avoid that. I recently shared a detail with my cousin and he instantly blamed me that if I had told him to invest, then he would be making a profit now. In reality, when I told him, he said the work was not good. The point is, we can't force anyone so if the other one is showing interest then share your portfolio with him other wise it's wasted only.

Iranus

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Quote from: N.O on December 17, 2024, 01:35:16 PM

Many of our friends are selfish and they always try to take out my money from our pocket because they know that we have money and they have nothing and that's why they try to borrow our money. I also faced that kind of situation because if we will talk about monet they will get the information of our money and assets but these assets could be dangerous for us because they will try to steal or robber from us .But if your friends are businessman,you can do the different thing and you can talk about business and money because he can save you from any disaster in future.

In my opinion, for those who like to take advantage of others or always find ways to steal, rob money...I don't think making friends with them is the right decision, let alone talking and sharing with them about your daily life. I wonder, what is your criteria for choosing friends and why do you still decide to hang out with those friends when you know they are bad people?

As for me, I don't have too many friends but most of my friends are good people. I don't tend to want to be friends with bad people and spend time badmouthing them. I decided to stay away from them from the start to avoid unnecessary trouble.

I'm not saying you're badmouthing your friends but I think if you consider them your friends then you shouldn't badmouth your friends. If you feel they are not right for you, don't be friends with them.

pusaka

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Quote from: Marvell1 on December 19, 2024, 04:19:32 AM

Quote from: AirtelBuzz on December 18, 2024, 11:34:05 PM

...In my opinion it is better not to share cryptocurrency with anyone, be it family or friends.

Is this a good idea? I mean with family, not friends. Not sharing with anyone will ensure the safety of our crypto assets because not all family members will keep it secret or keep our assets safe. But this also causes disadvantages that unintentionally create distance and suspicion between family members, causing family rifts. Because you don't trust anyone, not even your mother or wife, then they have no reason to trust you, and in my opinion, that's no longer family. If I had to live in such a family, I would rather not have a family because family means trusting and loving each other.

Also, we work and invest for our families, not just for ourselves. So, it is not necessary to share with all family members but at least share with the person you trust the most.

Some people come with their own opinions on this matter, so differences will be seen and that is not a problem.
I have an opinion that the family should know that we have crypto assets, maybe in terms of nominal we cannot be completely open to some family members because it is part of our form of caution. But I think it doesn't matter if they don't know the real total, as long as we have to behave well, especially if we are the head of the family who is responsible for everything. So I think they will understand or we have to explain to them in detail.
I agree with you that with our family we must be open, but I think that openness must also be filled with mutual understanding of each other, so here it is only the approach that we have to improve.

Wonder Work

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Quote from: tottong on December 19, 2024, 03:02:33 AM

But if you don't want to get involved in big risks, then just invest in bitcoin and it will be one of the best, as long as people can understand how and don't get caught up in panic when the price starts to experience a severe correction.

If he does not want to face any major loss, then investing in BTC is safe for him. But I cannot agree only in the case of investing in Bitcoin because if the investor in Bitcoin understands the market well, then he can invest in other coins. Profit can be earned from other coins, too, if the market condition is understood well. That is why those who understand well can invest in other coins, such as dsuchcoin.

However, I would tell those who want to invest new to Bitcoin to invest in Bitcoin because there is no risk in investing in BTC. Beginners should learn well by investing in Bitcoin, and later, when they are ready to invest in other coins, they should invest their talent in it.

Yucky

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When it comes to sharing financial opportunities, it's often the people we are not close to that we don't discuss money with. It's our friends who we should be sharing these opportunities with.

Sharing financial opportunities with friends doesn't necessarily mean disclosing the exact amount you earn. Rather, it's about letting them know when there's a chance to learn, earn and grow together.

In fact, discussing money and ways to make money is the beneficial aspect of any friendship. I remember a friend introduced me to bitcoin talk forum to learn, and earn, that's what a friend does when they see means to earn.

Talking about financial opportunities allows friends to support and learn from each other, rather than relying on one another for financial help.

By sharing financial opportunities and discussing money openly, friends can plan and work towards common goals, such as saving for vacations or achieving financial stability. To me this is the beauty of friendship.

Antotena

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Quote from: Davidvictorson on December 16, 2024, 08:48:58 AM

We don't discuss our crypto holdings with friends, do you talk about money as an alternative instead? What I mean is like, talk about what you are doing, your side hustles and how much you're making from it. Is this something you and your friends are open about, or do you typically stick to safer topics like sports and politics? If you don't discuss money, why not? And if you do, how much are you comfortable sharing?"

I discuss money with my friends alot but what I don't discuss with them is the what I'm worth. If we can't discuss money as a friends, that means we are not friends because what is friends if we can't share ideas and how to be financially independent, it wouldn't make any sense whenever I have a financial problem and then I run to my friends for help, they will probably avoid me if I do. So it's better we share financial knowledge, how to make money even if we don't have the capacity, I will like we discuss it.

However, what you have is what you should never disclose with people because people you call friends can also be your enemy and you will never know. It's not everything you make you must tell people, you have to keep some as private thing, even from your family friends. There are some friend I know, they don't like to even tells you about their family funds and I do respect them due to fear of insecurities in the country, if you flex your pocket to people, you might get kidnapp and extorted or even killed.

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