Topic: Don’t Always Flaunt Your Wealth And Wallet Online - page 3. (Read 470 times)
Bitcoin shows true decentralization, it doesn't expose users holdings to the public. If crypto investor like your uncle's friend decides to expose their crypto portfolio to the public through social medias, then they should suffer any loss or insecurity that may follow. Though this is a hard lesson for people to learn. Bitcoin Blockchain has played it part is left for users to oby the rule too.
I'm happy that he's still alive and wasn't hurt except for the funds he lost during the incident.
I don't support the idea of flaunting one's wealth so others can see, the human mind is always corrupt that your friend that's always smiling with you might also have some ill thoughts toward you, so you flaunting your wealth might stimulate more jealousy.
Your wealth is for you so you should keep it to yourself.
And for him to have been moving with his phone that contains his coins is also wrong though it happened unexpectedly.
For me the devices I use for trading or to hold my funds have never left my house I have a separate device that I use to reach out to people.
I hope he learns from this experience not to flaunt his wealth publicly and also he should tighten up his security or he could also consider getting a hard wallet.
~Valar~
I don't support the idea of flaunting one's wealth so others can see, the human mind is always corrupt that your friend that's always smiling with you might also have some ill thoughts toward you, so you flaunting your wealth might stimulate more jealousy.
Your wealth is for you so you should keep it to yourself.
And for him to have been moving with his phone that contains his coins is also wrong though it happened unexpectedly.
For me the devices I use for trading or to hold my funds have never left my house I have a separate device that I use to reach out to people.
I hope he learns from this experience not to flaunt his wealth publicly and also he should tighten up his security or he could also consider getting a hard wallet.
~Valar~
Showing off one's money and accomplishments has suddenly become socially acceptable. People nowadays, particularly on social media, display their wealth and extravagant luxury.
My uncle's friend, a crypto trader who primarily trades in bitcoin, was ambushed and kidnapped by unknown gunmen. He was released after a few days; they never demanded a ransom from the relatives; they thought he was missing and were praying and looking for him after reporting to security personnel.
He was a wealthy young man who made his money through cryptocurrency trading and invests wisely in it. He was the type of person that is constantly pompous and flaunts his riches and online wallet savings. He stated that after they apprehended him, they took him to an unknown location and instructed him to unlock his phone and transfer all of his cryptocurrencies to them, after he had moved everything from his trust wallet to a centralized exchange. He exchanged his coin for fiat and was instructed to transfer all funds to another account, the account of another kidnap victim with them. They withdrew all of the monies sent to them using the victim's ATM card. They were both released after all this, after spending three days in captivity with them.
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.
It's also worth noting that some people flaunt their wallets in advertisements in order to entice people to invest in certain projects. They do this to trick individuals into believing they have made a lot of money after investing in the project. When you see one posing as such online, check for a red flag.
Cryptocurrency investment has gone widespread, and even people who do not invest in them are aware of its profitability. Even if you presume the person doesn't know anything about it, they can still inquire and be told how it's done. In today's digital world, be cautious and security mindful with your wallet and everything you do.
My uncle's friend, a crypto trader who primarily trades in bitcoin, was ambushed and kidnapped by unknown gunmen. He was released after a few days; they never demanded a ransom from the relatives; they thought he was missing and were praying and looking for him after reporting to security personnel.
He was a wealthy young man who made his money through cryptocurrency trading and invests wisely in it. He was the type of person that is constantly pompous and flaunts his riches and online wallet savings. He stated that after they apprehended him, they took him to an unknown location and instructed him to unlock his phone and transfer all of his cryptocurrencies to them, after he had moved everything from his trust wallet to a centralized exchange. He exchanged his coin for fiat and was instructed to transfer all funds to another account, the account of another kidnap victim with them. They withdrew all of the monies sent to them using the victim's ATM card. They were both released after all this, after spending three days in captivity with them.
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.
It's also worth noting that some people flaunt their wallets in advertisements in order to entice people to invest in certain projects. They do this to trick individuals into believing they have made a lot of money after investing in the project. When you see one posing as such online, check for a red flag.
Cryptocurrency investment has gone widespread, and even people who do not invest in them are aware of its profitability. Even if you presume the person doesn't know anything about it, they can still inquire and be told how it's done. In today's digital world, be cautious and security mindful with your wallet and everything you do.
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