Topic: Stay humble and stay safe (Read 667 times)

To learn how to stay humble is the best way to live around people where nobody will know your worth, and it helps alot for security purpose . In our society nowadays,  people see those who are holding Bitcoin to be having enough money, they don't care if you having good amount bitcoin. Once they hear bitcoin they see you as rich.

I think Op pointed out to  those who brag about the funds they have in their wallets, letting you know that criminals usually go to banks to rob having in mind that fiat is always available there for them to steal, moreover Some one who knows your location may be a close neighbor who you have talked about your funds with may gang up to steal from you that could be possible because you will be forced to get all the security details and with that all your funds are gone.

In the place I stay crypto is not legalized but people use it a lot. It has gotten to the extent that people who are into it brag a lot and they are seen as the most richest people among there peers. Even with this, government security personnel are after them because they feel they use it to scam people. But there’re quite a lot of people that use it legally and it brought them out of poverty and provide daily needs for them and the family. These all goes to privacy, we shouldn’t boast or showcase our achievements or telling people we’re into crypto. It can be dangerous to our wellbeing in the society especially in a country where it is not legalized and punishable by offense when using it.

Being humble is priceless but people take it for granted. People don’t need to know you’re into cryptocurrency as some people are very dangerous and can bring threat to your life. Exposing yourself to people because of little money you’ve earned is something we should all be cautious about. Everything can be done on a low key, not everyone deserve to know about our achievements. OP already said it all “stay humble and stay safe”.

what is meant by hiding oneself from in-person crypto discussions? in this forum or in the life of the general public?
Because sharing information is a must in this forum. Sharing information with others is a good way to provide education.
But if the information is not needed by the people around you, then just this forum.
most importantly don't give out your security password information, private key etc related to your privacy. it will be safer.

You have to give security by your self. If crypto is restricted in your area then you must know how to utilize it. It is also your responsibility to keep your account and wallet secure and safe. As much as possible try to hide your self from crypto discussion directly and don't share your information with others.

For sure it's very important to keep quiet about your source of income and your level of accumulation of assets to your name. If a bank can be robbed by through those that works in the bank then just imagine just an individual like you.

Everyone have to learn to be secretive to a certain level as security demands.

I'm not sure if holding Bitcoin is considered a threat to our lives and encourages other people to take it from us. As if we think was right, then all rich are subject to that action.

I'm not sure if this is a good idea but this is only its drive to slow adoption and discourages people to invest in Bitcoin. Perhaps, what we did by informing people around us making helping them to realize that Bitcoin is a good investment and what happens to you might it happen to them as well. Maybe to hide how much we hold but not to the point that we have to deny it.

Humility is is sign of gentility,newbies that wants to learn will only pay attention and have the eagerness to learn from the experienced ones that have made couple of mistakes,and have know when and how to invest in coins.Learning from their own mistake is the wisest thing to do,and not waiting till you make those mistakes
 yourself.Most persons rush into trade without trying to learn from people that already have experience in those field.

Yes op is right , allowing people around you to know you are rich or have some amount of cryptocurrency is very risky.  Cryptocurrency should be private to some certain people around us who we don't trust or can give account of whom they are, a reasonable person won't boast about how much cryptocurrency he/she has to people who are close around,  because doing this the person is already inviting those who can come home with arms to collect what he/she has. It is better to stay private and humble and be safe from bad eyes.

Actually less talk less trouble (shoulf be *mistake). This is true. Saying a lot of stuff regarding your asset is quite dangerous even to your close friends since you dont know whether they are really your friend or have some hidden agenda especially it involves some money matter. True colors are going out when it comes to money and those frienship are ignored and shattered just for it sake( not saying all).

I do really agree with this. Sometimes, crime will not only come to us, but we exactly open the chance to come. We may be actually far away from crime, but because they know that we have money in crypto, they may approach us and do something for us.
We may only post a story on our personal social media with big profits and turns of crypto, behind this, many people may be watching us started from that time. Better to keep it secret and make more profits without telling other people that we have this and that these and those.

Well, its normal for some people to sometimes brag about their achievements especially if that makes them a famous one. However, when it comes to investments since that is associated with money, talking less and living in privacy is what will make us safer than any other way. Otherwise, we will be the target of scammers and robbery because they already know everything about what's supposed to be a secret.

If those people around you starts eyeing on you because you talk too much about your investments and the profits you have gained, then prepare yourself for the worst. Its not that people will always appreciate what you have and what you have been achieving, but most of them are silently killing theirselves with envy. That's when they start planning against you and make yourself another victim of robbery and worst family massacre.

Everything that has high value do not need to be disclosed to others. Not only you will be put into trouble but the rest of your family, including your investments as well. This is the reason why staying low key and living in privacy is what we only need, and bragging around about how far you have gone with your investments is certainly a big NO. Not only in crypto but in all types of investments, its best to keep it to yourself or your family alone.

This is giving you an awareness to know your limits in ,what to ,when to say and who you say to.
Be security conscious, trust no one ,dont be carried away on showing off or boasting of your crypto balance or experience ,role more with crypto minded individuals of your type for networking purpose and developments update,yet do not be carried away caution your speech.

humility is accepting what and who we truly are. the watchword here is being security conscious and prudent in one's dealings.  know the persons you are telling about your investment and profit even if it's for them to invest. even if your lifestyle encourages people to want to enquire about cryptocurrency and bitcoin, know the level of information you give and be security conscious.

Of a truth, its not usually in your best interests to tell anyone about your involvement with cryotos. Staying anonymous is the way. Users of cryptos can stay anonymous but your crypto holdings can't. That's the more reason why, you out to keep more to yourself because, the more they know, especially when they get to know or trace your wallet back to you. Although, that information comes into play only after you disclose it but like we have it on the forum, for those involved in campaigns, there public wallet addresses are always made public and should a user know you in actual or a supposed user gets to find out you own a particular wallet, it becomes an issue. Especially when your one that isn't into much of transferring coins and even that could be traced too.

Another fact is, cryptos comes with some misconceptions. When people hear cryptos, there minds flash back to the established coins and most of all, bitcoin. Now, looking at the worth of Bitcoin as we have it now, when a layperson hears that you own a few coin, they get the impression that, it could be a whole bitcoin or several bitcoin and as such, your some wealthy person in disguise. They don't understand that, bitcoin has got the Sat, mBTC and ųBTC denomination that worths as much as a few cents. They begin to get the impression that, your unwilling to help and that accounts to why you hide your fortune. Now, that breads hate and threats.

Anonymousity is the key to surviving in life generally.
because "Never you try to outshine the master"

Satoshi Nakamoto was smart for staying anonymous in the crypto space, which up till  today no one knows who he is, because i bet you if only had he reviewed himself, who knows weather he would have been a free man, alive, death or jailed in prison after been fought by government or individual from everywhere around the world.

So it's always idea to stay humble if you want to stay safe. Thank you 🙏

Nowadays most people already know about crypto and for me, it would be better if I kept it to myself without other people knowing. Apart from avoiding the risk I think this is private and not everyone should know, I'm just trying to manage it as much as possible. the more known crypto is, of course crypto is in the spotlight in various parties and this can be an opportunity for criminals to start their actions. there are many cases where crypto is misused and makes a lot of people suffer big losses. That's a shame because it can make the cryptocurrency world bad. so it is true what is said that stay save and be more careful in action.

Yeah, I think you are right. In my locality crypto isn't well known yet but, maybe in the next few years to come it will be well known and when it does there will be an increase in crime activities. So you just have to stay humble and let as few people as possible to know u are a crypto holder. Nowadays you can only trust few or non.

This is the reason why "privacy" is important, we don't know what our neighbors, friends or followers on social media think when they know we hold a lot of coins. ^{(maybe they are planning to sabotage or want to rob us)}

don't make things catchy, stay humble and private.

I don't like been around too many people, the type of people I roll with are those I can accept in my circle, if you aren't time waster yourself you won't have the time to give people some face, this won't make them want to know much about you, you don't need the bragging because it makes a man lose focus, live a low-key life

Part of being an investor is practicing moderation in your words and lifestyle, if you know how to protect your coins by picking the right wallet and encrypting it, you should also know that moderation is part of protecting your coins.

And if you cannot then you have to spend money protecting yourself and your family you are your own bank it's so easy to target you if they know what you have and they can get it through private keys which you are holding.

Never be boastful in knowing or earning money with cryptocurrency because karma can hit you anytime and anywhere.

Always stay humble and keep your feet on the ground because there are many people who are more successful than us.

Cryptocurrency is a must to spread good information about it but if you try to belittle someone about earning a crypto then that's really a problem.

When we involve in one thing, we need to be responsible for taking care and making sure that everything is safe and under control, so we do not have to worry if something bad happens.
We must keep the wallet in a safe place and not tell other people because that can make them suspicious and if those people are bad, they will try to search for that wallet and steal it from us.
With the popularity of crypto now, many people become interested. They want to have crypto as other people because they see the potency of crypto that can give them a big profit in the future.
So take care of your crypto and keep that secret with yourself.

there an advantage of being a lowkey person or like what op said being humble and down to earth, actually people who brag are the people who are mostly disliked by other people, the only ones who will like that person are the people who also want to take advantage of him because maybe he has money, in the crypto world if you brag about your money in social media you might put yourself in a bad situation especially with pandemic people needs money and bad people might rob you even worse kill you so stay humble.

Firstly the hackers would first have something on you, before they can work on the information, silence/anonymity in crypto-currency is part of safety.
And these includes
+ Posting ID or addresses on bounty programs
+ Telegram involvement that's are unsafe
+ Free giveaways, faucet
+ Using your main crypto-currency wallet for example in passing down knowledge.

I think wealth is intoxicating, and especially when you have it in crypto-currency, and crypto-currency being the trend it can add to hype ego showing off you involved in it, and all that can be lethal.

Each of us has different goals and plans, and that’s normal.
I know people who sold bitcoin when it was worth a few hundred dollars and are now depressed about it.
Each of us should take responsibility for our decisions.
If he really sold his bitcoins too fast, it is certainly not easy for him now, but life goes on and everyone can buy cryptocurrencies again and make money again, there are no limits and everything can be fixed, every wrong decision corrected and that is the beauty of cryptocurrencies. 

Well, the doctor probably has a safer house in a better neighborhood, insured and with the money kept in banks and safe deposits. Also he doesn't stand out from the others from his neighborhood or his entourage, hence even if he'd be bragging, the others won't care so much.
On the other hand, "you" and the bragging most probably would stand out and could reach easier unwanted ears.

I think it still depends on who you are talking to and if they are trustworthy enough, to begin with. The best way, IMO, is to tell them that they themselves can earn but they need to study and put some real effort into it as well. Understand why the likes of Elon Musk are hyping crypto. Educating them with what crypto is the best approach.

I think people who became famous by becoming a millionaire in the recent Doge pump could be a great example of those. So saying those who had the opportunity to become millionaires could immediately say that they could earn from it. But doing that is a different story as well (because of trading).

Ha-ha, that sounded threatening, but that is the truth. When you are a doctor who spent 10 years in education and now stably earns 200-300k a year that doesn't make you a target, but if you put 100$ years ago into bitcoin and now your money is worth 200-300k that will make lol.

It's always been like that for we humans, at first we get so excited but as time goes on we felt not satisfied enough, the guy might be hunting for higher goals right now even when is portfolio is in huge percentage growth, or probably he already sold his coins..

Lol as far as I know many people want to do crypto right now, even if some people hate you for your crypto success they can get mad enough to get in the game themselves, crypto is freedom and anyone can learn just by using Google, the news about attacks on crypto holders is very limited I believe

It's hard to tell if he has sold or he has became aware of the actual value and its fragility.
However, it's a great story. And if you remember this, others do too.
Basically whatever he did, does or will do, he still have "possible target" painted on his back. For quite some more years.

Crypto and fiat are totally different and therefore the security measures to store crypto are entirely different than the fiat. With fiat you can keep the money in the bank and bank is responsible for the safeguard of your money But with crypto no matter in which wallet you keep your crypto (Online / Cold wallet) the responsibilities of keeping it save entirely depends upon you.

Very true. Remain humble and low key as much as you can. But you can't avoid those people who really are close to you that will ask for your crypto profits and wanting to have an idea. You choose whom to talk seriously about crypto.

Don't talk to random strangers that would ask you about it because they can attack you with a wrench anytime at their will.

I did this long time ago but I talk seriously to my closest friends and relatives about it whom I know the attitude are fine to disclose about crypto topics.

Stop posting on your facebook about cryptocurrency as well because you are going to be a walking target when people find out you are in the crypto business. Wearing Tshirts with crypto logo on them could be a clue for them.

Staying humble could be difficult when you want to provide a comfortable life to your family so just make sure you only show the minimum for people around you NOT to get envy.

They claimed to be satoshi but they are not really satoshi as no one would get out from being financially free and say to show himself to the public, that's just fake. The most popular is Craig Wright, he claimed that he is the real satoshi but no one believe in him, and his name is not anymore buzzing now.

https://www.theguardian.com/technology/2021/apr/23/australian-man-craig-wrights-claim-he-invented-bitcoin-to-be-considered-by-uk-court

Some of my friends who have been in the crypto world for a long time don't really publish about their work and assets held in crypto. They and including me choose to keep or keep what I have been doing at home in front of the computer a secret. This will also protect us from robbery that aims to take crypto assets (but nothing happened to date).

always being aware of the surroundings and securing our assets and ourselves is very important for our continuity in the future.

Cryptocurrencies have become a good choice for buying and investing, as they have become one of the most important assets that are no less important than gold, due to the ease of storing them in online wallets, and the high protection that these wallets provide to their users.

Maybe he already sold before bitcoin reach 50,000$ He might be silent because he has lots of regrets in mind lol 🤣🤣🤣🤣, honestly it's wiser to just stay on low key when dealing with crypto mining or investment

I don't tell any of my friends about crypto that I have they will start greedy when they know I have money and they will start asking you if you want to loan them or they will ignore the repayment for you.
Most of their questions will be about how to get rich quick, something that will not happen overnight and requires you to lose some money.
I tell them I have crypto but I am not talking about how much.

This is not true in my own, 'crypto billionaires' aren't known that much except of course they were popular/successful even before they prolly invested in Bitcoin. Elon Musk for example can't be said to have made his wealth through crypto as he was a successful business man even prior to his endorsing Bitcoin and other altcoins. Thus, it's the popularity of these individuals and their association with Bitcoin that makes it look like "crypto billionaires are well known".

Having said that, you're basically not hiding, as a crypto user you have to take responsibility of your funds by protecting yourself, a $5 wrench attack is a possibility for crypto holders, and there are prolly other ways to avoid being attacked physically, but staying quiet about your stash is about the best way possible to do so.

Probably you live in such a modern country, if criminals interested in crypto. In my country crypto is not so popular.
I have my own experience when someone robbed the shop where I worked. My boss had a safe, but he didn't close him and didn't move money to the bank in the evening. So one day he was robbed.
After that I never keep money in my house. I use banks. Yes I paid more, but I feel safety because I don't have much money. With crypto I try to use the same approach, I use online services and don't keep more than some sum$ in one service.

There's ways of going about it. I've certainly helped people, but I've never really shown specifically the amount that I've earned. You can simply give them ballpark figures, and what they could expect to earn. At the end of the day, in matters on your initial investment, and what route the market takes. It really isn't specific to the person.

Plus there's plenty of examples of people earning money out there, that isn't you. If they ask specifically what you earned, you can just politely tell them you'd rather not talk about it. Although, even that if your talking to a person that you might not think is trustworthy, then that alone could arise suspicion that you've earned a decent amount.

Bragging is going to be very different when it comes to other people. People tend to be jealous or outright hate you just because of that, and it could cause some stir with regards to your holdings.

That's not wise to outright tell everyone, but it's not wrong to help them as well. I mean not entirely, like how much you have, but what you have learned and gained, not in specific terms, but in how much Crypto has helped you. I think that's a better way to say it instead of bragging.

It would depend on your neighbors as well if they are not to be trusted or not. If you live in a community that is quite respectful of your privacy, then let it be.

Not to mention that most people have some sort of cash in the house. So, if you have a house a criminal is automatically going to assume that you have a stash somewhere. Most people I know have a safe or a private stash of money that isn't in a bank. So, you could actually argue that Bitcoin is safer than fiat since its not as easy to get too as the criminal isn't going to know exactly where it is, as opposed to a giant safe, that is usually in similar locations in peoples houses.

So, although I agree with the OP's message that you shouldn't be exposing your true wealth, or even boasting to have more than you do, unless you accept that you might become a target. We see this with higher ranked people in the world, if you own anything of value on the internet, you can bet your buck that multiple people are trying to guess the password or try, and reset it. So, whenever you expose you have something of particular value, you better either be quite confident in your security both on, and offline or at least have anonymity. 

Yeh, I noticed a guy at work was always bragging he'd sunk a LOT of money into bitcoin before it went to $20,000 a couple of years ago then bragged then bemoaned when it started sliding downwards.

As Bitcoin reached $50,000 this year he went eerily silent about owning any Crypto.

Funny that.

In the Philippines, a lot of my crypto contacts are non-stop bragging about their crypto portfolio. They say something with the “Thank you Lord God” caption along with the screenshot of their crypto earnings. Some of them have earned six to seven figures, and they never afraid about bragging their earnings. They might say that it can inspire people, but they never realized that it also creates jealousy as well and an opportunity for criminals to come by in their house and steal what they have.

As a result, some have commented that they wanna borrow money by coming to their house, etc. There’s even an incident where this person never stops bragging about the crypto portfolio and ended up getting beaten up by guys early morning just near the police station, stealing the wallet or so.

Yes it’s important to stay humble and safe as much as we can.

That is true, we should always keep our identity anonymous to anyone, we should also don't need to talk to anybody about what we are doing and how we earn money that things are personal so you need to keep it on yourself, there will be no benefits on you if you are going to tell it to someone who just asks you about it.

Cryptocurrency is not legalized in every country. Why hide? The OP doesn't talk about it. He says that you shouldn't brag about your cryptocurrency.
Are crypto billionaires well known? Yes. But are you sure you have the same security as theirs? Are you sure that one day a guy from your city, out of despair or envy, knowing that you have Bitcoin, won't catch you with a wrench?
Yes, you will say that he will not be able to find out anything since you have Bitcoin in a reliable wallet. But getting a few times on the head, or another part of the body, will not make you healthier. Why risk it?
All religions say that vanity is a sin. And being too talkative and talking about your savings is what it means to be vain.

Why trying to hide when crypto billionaires are well known? Why trying to hide when crypto isn't illegal? Criminals are those who lives a life of hiding here and there, if your way of making money is clean there is no need, increase your security is all you need if you are already a millionaire in crypto and don't mingle with jealous haters

This reminds me of past year, I think in 2018/2019 when bitcoin Jesus and one other man are trying to fight for satoshi's sit, telling the world that they are the real nakamoto, the fact is some people want the world to know what they are worth, many are doing it presently and nothing hurts them, just know the type of people you will roll with, don't keep any bad company and you will be fine

Good advise, there's nothing to brag about especially if you are holding a decent amount of crypto, that will make your life safer and you'll live in peace.  Just try to reflect on what satoshi did, he is now the richest crypto holder as he discovered bitcoin, but he choose to stay anonymous as he knows the risk associated of being popular and he will never live a normal life.

Where I'm from people don't like minding their own business, I locked my coins away and never talked about crypto to my neighbors like OP stated but many are curious because

1. My roof is full of solar panels
2. I have mining farm beside my home in same compound

The fact is they want to know what I'm running, I'm glad I have a compound but in future if they later find out that something is called crypto mining they can know what I've been up to all this while, anyways God forbid bad thing, let's get closer to God, only He can keep us safe, even those without crypto are been targeted. May God help us all

I would first go for humble too. I mean that people bragging about Bitcoin may be perceived as ones having more money than they actually have, especially when Bitcoin price is on the rise and Bitcoin is all over the news.
Of course, private would mean no bragging at all, maybe not even telling anyone about the interest in Bitcoin. So yeah, it's somewhat debatable, but I'd say that both are needed.

And about the money / private keys at home, the problem is that even if one doesn't keep them at home, or keep them super safe and super encrypted, if that somebody was bragging and some think that he may have many coins, the 5$ wrench may come to action, breaking all those encryptions.

I agree with you, especially in times when crypto is gaining so much value. I mean you don't tell people you have many ounces of gold at home either. But on the other hand, I can understand people who have become wealthy overnight through their crypto investments. It's part of the human DNA to mess around with it. But it must be clear that this can also have consequences and become dangerous.

Rather than humble, a better-suited concept would be private, which is something that people are not normally concerned from the get-go, but instead, often they develop a sense of privacy awareness as times goes by. Of course the amounts of crypto you have may play a role, but to a thug that may be after it, it may boil down to being sufficient knowing it on Boolean terms (whether you have or don’t have crypto).

In terms of risk, it’s a bit similar to fiat stashed at home and blabbing about it, with a couple of variants:
-   fiat at home is easier to do away with, leaves no trace, and requires no skills to master (for the thug).
-   Crypto on the other hand inverts the above qualifiers.

Regardless, the two potential bad case scenarios are being robbed whilst at home, or being robbed whilst away from home. The former reduces the difference in the above two cases, since one can be cohered to collaborate. All in all, the more private, likely the better, just to be on the safe side.

Another thing why I would prefer people around me to not know that I'm involved with crypto is the legal stuff. Crypto is an asset and you should pay taxes just for owning an asset, also you cannot exchange it by any means. You should have a license for being able to exchange your crypto here. Stupid, isn't it? They are trying to decentralize something that is created to be decentralized.

move your big bag of coin in cold wallet and save the key that someone will not know except god 

people usually know if you work in crypto industry but like the OP said is to dangerous if you tell your "big bag" i usually tell my friend my everyday wallet

That is why we need privacy and be pseudonymous, making sure the cryptocurrencies we are having is not directly linked to us, we should be careful of the transactions we are making, and try all ways not to link ourselves to our bitcoin. If the thieves do not know us, then they can not come to steal from us. If we are having hardware wallet, we should put it in a place that will be safe that nobody will see it, we should limit what we will talk about cryptocurrencies, we should not make it obvious to people that we have bitcoin or any altcoin, we should avoid all these even friends can mistakenly expose someone and nobody can b me trusted, let us limit our conversations in regards to use of cryptocurrencies.

Crypto isn't a very popular asset in my country right now but I'm already worried that once it becomes very popular many will be target, in my country crime is everywhere, people get kidnapped and ask their families for ransom, it's highly dangerous to let people know that you are into something that's worth more than gold, you will easily become a target, I think OP is 100% right

I think OP's point is that users who tell quite a lot of people that they have crypto run the risk of losing their statsh, and OP is very much correct, there's a thread that stresses on this point: Why it's important to avoid telling everyone about your crypto holdings, scammers do not always have to hack your account by stealing your private keys or seed phrase, but there's also the possibility of a "$5 wrench attack" occuring (which is OP's point), and that's a situation where thieves compel you through physical damage to grant them access to your funds.

Having said that, many Bitcoin losses through physical damage could prolly have been avoided if the scammers didn't know the victims had Bitcoin, or by extension, if the victims didn't make their possession of Bitcoin privy to people, which makes them a target as a result.

I don't really get what you are trying to point or to share here. It is possible for a hacker to get or gain access to your private keys even if there is no criminal knows where you live. That is why there are security measures you can use to help you secured your crypto. You can use different crypto wallet and choose what type of wallet.

Newbies and those who have the brag attitude in them this is for you, don't ever and ever talk about crypto to people who know where you lives, that includes your neighbors because you will be marked, crypto is a like Fiat, if anyone wants to rob for Fiat bank is the way but crypto? You keep your keys safe at home, when criminals know this you are in for some trouble