How important is it to keep your bitcoin investments secret from others ? - page 5.

milewilda

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Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

One of the main reasons on why Bitcoin or crypto market did really make out that significant popularity on just because of its anonymity and decentralized features and this is why it would really be that just common sense that you should really be that confidently speaking up your holdings on how much it would be and never ever expose yourself about your identity. You are really that putting yourself into a great danger knowing that criminal minds would really be just lurking in the dark and really just that simple waiting up for the right person for them to steal money from or would be the worst you would really be abducted or be kidnapped
once they do know that you are holding that significant. It would really be that a suicide if you do keep on telling that you are a crypto guy. It would really be having no sense about
sharing up your holdings on which you are really that putting yourself on huge risks which is something that we should really be avoiding on doing so.

loopes

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Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

You are right, we should keep our personal information from public forum like this place especially regarding to our crypto investment. i think this is a same reason why satoshi nakamoto keep being anonymous and do not reveal his / her personal identity to anyone in this forum even no one in the world know who is him / her.

freedomgo

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Quote from: Vaculin on May 15, 2023, 10:26:22 PM

Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

Is there really a need to share what’s been going on in our private life? I guess the fact that people are too trusting even in strangers make them the immediate target of the scammers or kidnappers. Because if they just live life simply like what regular people did, they won’t end up being kidnapped or scammed in some ways. But the moment that they start to boast their achievements, even if the intention is not really bragging, but people will always see it differently. Most particularly for scammers and hackers as they always find victims as it’s also their only source of income in order for them to live.

Certainly not. Even our own family are sometimes not trustable at all. So if we can keep important things especially our investments, then the better. I guess the person in the story is just only living the freedom he wants but since he has been the apple of the eye of some kidnappers because of his investments, then it’s easier for them to set their own plan. Luckily, he was rescued fast and safely but I don’t think the same will happen to anyone who has been kidnapped and put their own selves into danger. So it would still be best to never show off what you have especially when it comes to money matters. It seems that you are bragging what you have that could make other people feel envy on you.

Kasabus

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Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

Know when to tell things and when not to. But when it comes to investments and life’s achievements, it’s better to keep your privacy and never let other people become aware about it. Just like never share your plans as it could be ruined by them without you knowing. Maybe it’s a good thing that I never trust people easily even those my closest friends because I always believe those who have known you so well might be your best enemy in the future. That’s why if we can keep things privately and secretly, much better so as to avoid ourself from being put into danger.

romero121

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Quote from: nimogsm on May 29, 2023, 05:27:49 PM

I think many have heard the phrase: money loves silence. Everything related to finances is better not to discuss with anyone except with people with whom you have a common business, with other people I always ignore these conversations. Why once again discuss this with people whom I do not know well.
By avoiding unnecessary conversations, you and your finances will always be safe - this rule works flawlessly.

Everyone have got something to be personal, one amongst is the finance. It is good to have discussion regarding the goodness of technology and how transition is happening around in each and every sector. By the time leaving comments on your holdings is a bad idea. Here we have come across one such incident where the person is lucky enough to escape with the help of Police team that got into action very fast. We can't expect things to be the same everywhere.

We think it a pride to reveal what we've got in the wallet. We never think the same to be problematic for us. It is good to segregate what can be revealed to the outer world, even to the closer ones and what shouldn't be!

jaberwock

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Quote from: Wend on May 29, 2023, 10:53:56 AM

Quote from: Gallar on May 29, 2023, 06:41:11 AM

Actually, incidents like this do not only happen to people who invest in crypto, because there have been many other incidents that are related to what is called the act of holding and kidnapping. This all happened, of course, because the person who was kidnapped was a rich man, but by chance his wealth was obtained from the result of having crypto assets. But about your opinion regarding keeping crypto assets secret from other people, I think it's okay to tell other people. But on condition, that person is someone who is really very close, then don't tell in detail, and only tell if that person asks first. But even then, if you really believe in the person you want to tell, if you're not sure, keeping it secret is also fine. Because keeping it secret is indeed a safer zone. And in essence, all investors in crypto must be more careful, because crime will always exist in this world, the most important thing is that we all have to be more vigilant.

That's what I'm wondering, people always talk about keeping crypto investments secret for fear of being kidnapped, stolen... but what about assets like gold and fiat? What about valuables? Will they keep it a secret or show it off everywhere?
You are right, not only with bitcoin but with all our assets we should keep it secret. Do not arbitrarily brag to anyone, especially to strangers on social networks.

I think that is always a bit of fear and rumors people like to talk about. Surely there were some people in this world that lost their lives because others wanted to steal their crypto, but can't we say the same thing for everything else. Hell if we are talking about fiat, it's a physical object so people could literally stop you on the road and steal your money, and you would not be able to do anything, at least with crypto there is nothing like that.

Today if a robber stops me on the road, the most they could ever steal from me would be 10-20 bucks, aside from that I would have nothing, maybe my phone as well which I have some sensitive info but nothing that would profit them at all. So all in all I would guess it's not a bad idea to keep it on bitcoin.

nimogsm

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I think many have heard the phrase: money loves silence. Everything related to finances is better not to discuss with anyone except with people with whom you have a common business, with other people I always ignore these conversations. Why once again discuss this with people whom I do not know well.
By avoiding unnecessary conversations, you and your finances will always be safe - this rule works flawlessly.

qwertyup23

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The importance depends on how frequent you flaunt your investment and there are also several factors to consider, which are as follows:

First, if you living in a space where crimes are prevalent, then it is better to keep your investments to yourself;
Second, you must also consider the degree on how frequent you share your investments. Though sharing is not perse bad, you must couch and phrase it in a way that you are not trying to show-off all of your investments; and

Also noteworthy to mention is the amount of information that you share publicly. This affects others that may take advantage of the information that you share especially if you add details that prejudice your own security; and

At the end of the day, a person may share their investment with others but they must keep in mind the information that they will share also. Sharing personal information with real-life values may trigger others which may compromise your safety.

Wend

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Quote from: Gallar on May 29, 2023, 06:41:11 AM

Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

Actually, incidents like this do not only happen to people who invest in crypto, because there have been many other incidents that are related to what is called the act of holding and kidnapping. This all happened, of course, because the person who was kidnapped was a rich man, but by chance his wealth was obtained from the result of having crypto assets. But about your opinion regarding keeping crypto assets secret from other people, I think it's okay to tell other people. But on condition, that person is someone who is really very close, then don't tell in detail, and only tell if that person asks first. But even then, if you really believe in the person you want to tell, if you're not sure, keeping it secret is also fine. Because keeping it secret is indeed a safer zone. And in essence, all investors in crypto must be more careful, because crime will always exist in this world, the most important thing is that we all have to be more vigilant.

That's what I'm wondering, people always talk about keeping crypto investments secret for fear of being kidnapped, stolen... but what about assets like gold and fiat? What about valuables? Will they keep it a secret or show it off everywhere?
You are right, not only with bitcoin but with all our assets we should keep it secret. Do not arbitrarily brag to anyone, especially to strangers on social networks.

yazher

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You own the pen

There are always boundaries when it comes to sharing your beautiful stories and especially when it comes to wealth because that's when the problem starts when you think everyone will just simply listen to your stories and they don't do anything about it. That's what happened to others when they can't stop themselves from sharing their Bitcoin wallet's balance and you can see most of them on social media. They always flex their balance without knowing that there are already some people who are secretly watching them and when these people found out that they are closed, they will plan to steal it from them with force.

Gallar

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Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

Actually, incidents like this do not only happen to people who invest in crypto, because there have been many other incidents that are related to what is called the act of holding and kidnapping. This all happened, of course, because the person who was kidnapped was a rich man, but by chance his wealth was obtained from the result of having crypto assets. But about your opinion regarding keeping crypto assets secret from other people, I think it's okay to tell other people. But on condition, that person is someone who is really very close, then don't tell in detail, and only tell if that person asks first. But even then, if you really believe in the person you want to tell, if you're not sure, keeping it secret is also fine. Because keeping it secret is indeed a safer zone. And in essence, all investors in crypto must be more careful, because crime will always exist in this world, the most important thing is that we all have to be more vigilant.

MoonOfLife

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But I have this question, if we keep it quiet and keep it completely secret, don't reveal it to anyone, including our loved ones. So how do we make bitcoin popular and people know about bitcoin? Is this too contradictory when people say actively spreading bitcoin to people and getting them out of the bank? I think sharing is up to each of us, bitcoins are money, too, so protect them the same way we protect our assets.

Solokan

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nowadays more and more people are familiar with bitcoin and crypto, and of course criminals are also starting to know a lot about bitcoin and crypto, in my opinion we really have to be vigilant and not carelessly show our assets to strangers even to our own friends, OUR shouldn't show it with the aim that we escape the target of the robbers.
so we must be vigilant.

worle1bm

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I think you should never disclose these investment secret with people you have met online or just outsiders whom you have known for less time because you can't tell one's intention as he might be planning to take these from you in any manner.For me your family members on whom you have complete trust should be aware about you have invested in btc or any other coin and share seeds with them in case anything happens to you.But under alcohol influence speaking up these things always have risks to your life as well when people around you are greedy.

TheUltraElite

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So anyway, I applied as a merit source :)

Being discreet and quiet about your achievements is a sign of humility and that is a good character trait. For any asset we have to make sure we keep earning and keep those earning as minimally publicly known as possible. There are people who are greedy and have the habit of spying on others, you have to keep yourself safe from these scammers. The anonymity of Bitcoin gives one advantage but have to supplement that with professional attitude.

Those who brag about their owning will always lose it before knowing.

Hebri_X

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Assface16678

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Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

You don't need to trust people online since you won't know what would happen if they betray you. You can brag about your accomplishments to inspire your friends, but you should keep your real life status private so that others can't copy you.

I've had this happen to me when I posted something on social media and within ten days, someone stole my picture(earnings) in bitcoin and said that "everyone can earn this kind of money, just dm me." I exposed this man on social media and he blocked me so that my other friends will not know that he is a scammer. I learned in this kind of situation is don't share anything that is important to you, keep your data especially in bitcoin so that no one will copy you and your other friend will be safe

Crypt0Gore

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There are still many poor people in crypto, and generally many people believe that crypto gains is unrealistic, how can you turn 100$ into 10,000$ they say, if criminal comes for you because of your crypto then one way or the other you have mistakenly exposed your wealth and your worth, it can be an inside job maybe families you told about your wealth or friends, it's safer to quit right now if you are this type of person, when people start noticing how rich crypto adopters are getting this days, the criminals will start coming for you and you can easily get kidnapped and ask to pay crypto to get your freedom back.

There is no point living a flamboyant life with crypto unless you have millions of dollars and you pay for your security like the Tate brothers, also make sure you are aware of the shape your country is presently in, some are safer than others.

ancafe

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Quote from: Viscore on May 14, 2023, 02:29:49 AM

Always invest with caution, not just on the market volatility, but also to the people around that may cause you harm in exchange of your assets. Whether they’re close friends or relatives, you should still put some limits and boundaries not to tell them everything about you and your investment. Sometimes when all our intention is just to motivate them to invest and be successful, instead they turn out to develop jealously on our achievements and plan some attacks that will put our lives into danger. The reason why trust should not be given easily to everyone, especially when money is directly involved.

The scale of caution needs to be applied in life and even though it is a close friend, the investment that is being undertaken does not need to be conveyed to anyone and you can keep it a secret for security. Be selective in maintaining security because investments are directly related to money, so we need to improve the security of the assets we have, some people think of giving information as an effort to motivate others to invest, but in certain cases friends cannot be trusted either

Everyone has their own way of managing finances and if they're not interested, there's no point in giving advice. Security is one of the important factors that must be considered and in this way the investments we make are safe and protected from hackers and others.

Vaculin

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Winding down.

Quote from: krishnaverma on May 10, 2023, 09:50:24 AM

Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.

Is there really a need to share what’s been going on in our private life? I guess the fact that people are too trusting even in strangers make them the immediate target of the scammers or kidnappers. Because if they just live life simply like what regular people did, they won’t end up being kidnapped or scammed in some ways. But the moment that they start to boast their achievements, even if the intention is not really bragging, but people will always see it differently. Most particularly for scammers and hackers as they always find victims as it’s also their only source of income in order for them to live.

Topic: How important is it to keep your bitcoin investments secret from others ? - page 5. (Read 1399 times)