All of these lifestyle choices are most frequently made by young people today, who frequently engage in them on social media without realizing that they are inviting enemies to join them. Some of them will not even have much to show off, but instead choose to brag about what little they have amassed.
Because of the way you live a luxurious life, some people feel imitate by this type of behavior and join scam gangs to start defrauding people. Other people, including some guys, will not even care to get involved in any crime just to get this money.
Stopping all of these ridiculous lifestyles by displaying real riches online would be a great idea, not just for personal safety but to reduce rate of youths involve in illegal activities just live like them, this type of action have be the major increase of scammers in my country.
Topic: Don’t Always Flaunt Your Wealth And Wallet Online (Read 470 times)
Some people are not pleased with your achievement when you display your wealth. Some of them are spiteful, while others are trying to undermine you. I personally know a few people who traded bitcoins locally and often flaunted their enormous holdings online. We should better preserve and secure our personal property and privacy. We must continue to exercise caution, particularly when dealing with sensitive and important data like that found in online wallets.
I have observed from experience that even sharing or discussing financial matters with some close family members or friends can breed envy and jealousy. Many kidnapping crime in my location was coordinated by either family members or close friends or associates. Bragging or fluenting wealth on social media is a clear invitation to criminals. Social media is riskier than the street. If you are fluenting your wealth, you can decide not to go to some crimeprone places or areas. But you cannot control how the information or picture you post online move. Keeping a low profile is the pathway to peace and freedom from anxiety and fears
This forum has increased my skill in secrecy and privacy because nobody cares about who you are or how much you are worth. I have always loved to live a low-key life even if I have the means to live a life of luxury. Also, I have also learned to scrutinize every piece of information that comes out of social media. And anybody that fluent his wealth is a suspect.
This forum has increased my skill in secrecy and privacy because nobody cares about who you are or how much you are worth. I have always loved to live a low-key life even if I have the means to live a life of luxury. Also, I have also learned to scrutinize every piece of information that comes out of social media. And anybody that fluent his wealth is a suspect.
You don't need to brag about your most recent Rolex purchase online when your next door neighbor is struggling to put his kids through school.
I can imagine some people flexing their Lambo and Rolex, but in reality, they're into too much debt. Almost everything we see in social media is just purely the front, but not a single soul has an idea of what's really happening behind. Almost no one wants to flex their struggles and challenges in life since they don't want to be "ego'd" by other people surrounding them.
The popularity of social media like Instagram or Facebook has made it possible for everyone to have a voice. Even those with limited thinking abilities (trying not to say stupid). There is a saying: "The goal is to be rich, not to look rich".
Sure, bragging about your wealth on online communities can attract certain types of ladies, but you can also become a target for other groups of people whose intentions are not to take you to bed, but put a knife under your throat. So be humble and down to earth. It's ok to enjoy expensive things, but have some decency. You don't need to brag about your most recent Rolex purchase online when your next door neighbor is struggling to put his kids through school.
Sure, bragging about your wealth on online communities can attract certain types of ladies, but you can also become a target for other groups of people whose intentions are not to take you to bed, but put a knife under your throat. So be humble and down to earth. It's ok to enjoy expensive things, but have some decency. You don't need to brag about your most recent Rolex purchase online when your next door neighbor is struggling to put his kids through school.
It depends how you flex with your assets some people make a post to their social media that share their motivational experience to other people so they can keep grinding to earn too, but some people just want only to flex because they have a lot of money and let the people follow them because they are curious how they got those tons of money and this is the cons thing too people with bad intention can easily monitor the activity of the particular person and grab the chance or opportunity to take that money to them.
This is a wise advice for as many crypto trader and investor out there. The inflation rate has triggered so much hardship in the society and for crypto professionals who earn through trading and investment its likely to put themselves in danger flaunting their achievements on social media because it might attract unnecessary persons around you
I'm skeptical about some things from this story, so although it's not impossible that it happened exactly like that, it could be that the story was made up by the OP, or he misunderstood what someone told him.
Yeah, I am too, especially about the whole ATM card thing, but I'm getting tired of calling them out on these stories, there are just so many things that don't make sense and they spin it with every explanation I'm starting to feel sorry for them. We recently had a few of those stories coming up, this kidnapping, the hidden camera in the honeymoon room, and many others, I just know some of them are things that didn't really happen to them and they are just milking the subject, but at the same time, from a reader points of view as long as the story is still true despite happening elsewhere the moral of the story is still the same.
Something similar happened in India, but according to the report, everything lasted only 3 hours. Something skeptical in me tells me that this story from India could be the inspiration on which the OP wrote the story.
Code:
https://en.cryptonomist.ch/2022/08/19/beaten-kidnapped-exchange-bitcoin-india/
As I was saying, it makes no sense with that ATM card, they got the BTC and they made a run for it, these guys got 8 BTC worth 160k, even here in Europe I have a 3k limit on ATM withdraws, it will take me two months trying to get that in cash, and let's not talk about that 300$ limit in Nigeria, it would take you 2 years!!!!!!
But browsing around, even the "original" didn't include the social media exposure thing, but this case does:
Teenager seized and hauled into car after posting on social media about earning ‘reasonable amount of money’ trading cryptocurrency
https://www.independent.co.uk/news/uk/crime/bradford-schoolboy-bitcoin-kidnapped-gang-b1940896.html
So yeah, the threat and dangers are real!
I totally agree with this.
It would be better if we safeguard and protect our own assets and privacy. Because we do not know who in either the people who make friends or see our online activities in cyberspace. We must continue to maintain caution, especially with regard to sensitive and crucial data such as online wallets. We may have tried to be vigilant but hackers or scammers are very smart to take advantage of the opportunities that exist, even if they are few. Therefore, if we give them an opening, it will be a bad thing.
It would be better if we safeguard and protect our own assets and privacy. Because we do not know who in either the people who make friends or see our online activities in cyberspace. We must continue to maintain caution, especially with regard to sensitive and crucial data such as online wallets. We may have tried to be vigilant but hackers or scammers are very smart to take advantage of the opportunities that exist, even if they are few. Therefore, if we give them an opening, it will be a bad thing.
Not only that but they kidnapped another person and had the funds from the exchange sent to that person's bank account and withdrawn from it.
Why? Why lose more time with this second bank transfer when it's going to be fairly obvious who were the guys that sent the money and who used the second victim's ATM card, ev en for the donut police to find out?
Ok, I know some robbers are just stupid but here we're supposed to deal with ones that at least know a thing or two about currency exchange and everything else, it's just that, l mean, If I were a robber, I would just point a gun at him, make him unhand his smartphone, unblock it, send the coins to an address, and just to make sure smash the phone and the sim card so he can't do anything in the next 10 minutes.
The most important thing in all of this is that if I ever get caught I would face only a robbery charge, not a kidnapping on top of that.
Why? Why lose more time with this second bank transfer when it's going to be fairly obvious who were the guys that sent the money and who used the second victim's ATM card, ev en for the donut police to find out?
Ok, I know some robbers are just stupid but here we're supposed to deal with ones that at least know a thing or two about currency exchange and everything else, it's just that, l mean, If I were a robber, I would just point a gun at him, make him unhand his smartphone, unblock it, send the coins to an address, and just to make sure smash the phone and the sim card so he can't do anything in the next 10 minutes.
The most important thing in all of this is that if I ever get caught I would face only a robbery charge, not a kidnapping on top of that.
I'm skeptical about some things from this story, so although it's not impossible that it happened exactly like that, it could be that the story was made up by the OP, or he misunderstood what someone told him. Besides, is it that easy to add another bank account number to your crypto exchange without verification?
Something similar happened in India, but according to the report, everything lasted only 3 hours. Something skeptical in me tells me that this story from India could be the inspiration on which the OP wrote the story.
Code:
https://en.cryptonomist.ch/2022/08/19/beaten-kidnapped-exchange-bitcoin-india/
Rather than assuring that only those close and trusted people can see our posts, I think it’s a much wiser idea not to show off and brag whatever luxury life we have. Because you really don’t know if your friends will see your posts as somewhat bragging or boastful, and for that they might resort into thinking doing bad to teach you a lesson. Let’s just keep our riches privately, that way we can avoid people from envy and from doing harm to us.
So money loves silence. The problem is not that your friends will find out about your financial success, but that due to the fact that this news will become the property of many, including criminal persons who are engaged in robberies. So such information about your financial situation will become the property of criminal structures, and the form of your wealth does not matter here, it can be fiat, gold or cryptocurrency.
There was a rapper in the united states that got robbed and killed because he posted some bunch of money in his car with a friend and also mistakenly revealed his location through pictures, this mistake cost him his life, I have forgotten this rapper's name, we need to be very careful what we share online.
showing off wealth is not a good thing,
moreover you only intend to tell or arrogant to your friends,
it's a very risky thing
because as you read above, not everyone is happy we become rich,
so it is better to remain silent in pleasure,
than showing off in fear,
and sometimes there are poor people who see the posts of rich people, they must be sad,
unless the person makes your content or shows off your wealth as motivation, it's still better,
it is better to stay away from the arrogant
because it could harm yourself.
moreover you only intend to tell or arrogant to your friends,
it's a very risky thing
because as you read above, not everyone is happy we become rich,
so it is better to remain silent in pleasure,
than showing off in fear,
and sometimes there are poor people who see the posts of rich people, they must be sad,
unless the person makes your content or shows off your wealth as motivation, it's still better,
it is better to stay away from the arrogant
because it could harm yourself.
Ironically those people claiming that they are rich and could brag everything in all of their social media are those who just had it really bad. Those traders that you're also mentioning could also be in a plenty of debt in reality and they were claiming that the money they had were the results of their so-called "hard work".
This is why I do not buy some people's "claimed success" in social media a lot especially FB.
This is why I do not buy some people's "claimed success" in social media a lot especially FB.
Reason why I don't really impressed people flaunting their trading result on social media and post how much money they get from tradings because most of this guys is just bragging and want to show off, but in the end their losses is much higher than their winnings. I'm more impressed on those people who's silent and consistent on their trades because they are much successful and focused on what they are doing.
~
Kind of reminds me of that good old meme involving rich people wherein it said that...Quote
"The goal is to be rich, not to look rich."
Ironically those people claiming that they are rich and could brag everything in all of their social media are those who just had it really bad. Those traders that you're also mentioning could also be in a plenty of debt in reality and they were claiming that the money they had were the results of their so-called "hard work".This is why I do not buy some people's "claimed success" in social media a lot especially FB.
This is some worst case scenario for being less private on our financial status. But of the people that I saw this kind of show off post on social are those influencers and people involved networking that using there wealth to attract people to invest or support them. I only have few friends that do posting of luxury items on social media and most of them has some investment to offer to whoever will be interested to the items that they post online.
It’s not bad to become proud of your possession but we just need to make sure that the only person that see it are those we trust the most and not on public.
Rather than assuring that only those close and trusted people can see our posts, I think it’s a much wiser idea not to show off and brag whatever luxury life we have. Because you really don’t know if your friends will see your posts as somewhat bragging or boastful, and for that they might resort into thinking doing bad to teach you a lesson. Let’s just keep our riches privately, that way we can avoid people from envy and from doing harm to us. It’s not bad to become proud of your possession but we just need to make sure that the only person that see it are those we trust the most and not on public.
It is not even enough to just say, "don't always flaunt your wealth." It appears as if it is completely all right to flaunt it sometimes or seldom. The truth is that it is never a wise idea to flaunt your wealth anytime. Keep your riches to yourself. For one, others won't be happy for you that you are becoming wealthy. And, of course, others would only think of ways to get that wealth off you. So whether this story is true or not, the lesson is there.
This goes to all rich people who are used to brag their wallet achievements online, not realizing that it could bring threat to their lives from those people who are closely watching them from far. Even though its “not to brag but to inspire other people” according to them, still its not a wise idea to let other people know that you have accumulated it in your wallet. The story might be true, so hopefully it will leave a lesson to those who are able to read it. ...
this is a scary story. why is it important to be anonymous? it's to avoid crimes like this!
Many people don't realize when they flaunt something they have on social media or in real life, it catches the attention of those around them. In addition to the crimes that arise, jealousy and envy will certainly arise from those who hear the news of the show-off.
my father is a wise man, when I was in school he always told me that everyone has different luck, don't show off your luck, those who are lucky will definitely make you the object of their frustration and maybe will try to snatch your luck (rob or kill you).
People nowadays flaunt their wealth online, with no idea who is watching and tracking their every step. Not all of your close ones like you because you are wealthy; they may be looking for a method to take advantage of your wealth. Keep your wealth hidden from the public; you don't have to brag about how much money you have and how well you live.
Having financial privacy, it is the best advice for anyone. Show off your wealth and crypto balance on social media will be very dangerous and will only threaten security and life. What happened to the person you describe should be one of the reasons why any of us should not display our wealth online. It was clear that it was so bad, they never knew who was lurking.Even admit how much wealth we have on anyone offline can be dangerous. Obviously this should not be done either online or offline, financial privacy is a must and this is not to be made public.
On point!
Not everyone you show your wealth is happy with your success. Some are malicious, while others are looking for a way to bring you down. I personally know a couple of folks who were localbitcoins traders with vasts amounts of bitcoins they would keep showing off in our WhatsApp group. They got robbed of their Bitcoins on gun point when they went out to meet the interested "buyers" in person.
Not everyone you show your wealth is happy with your success. Some are malicious, while others are looking for a way to bring you down. I personally know a couple of folks who were localbitcoins traders with vasts amounts of bitcoins they would keep showing off in our WhatsApp group. They got robbed of their Bitcoins on gun point when they went out to meet the interested "buyers" in person.
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