Topic: Why E de important to avoid to de tell people about crypto way you get (Read 403 times)

Giving information or enlightenment of someone is different thing entire but the you telling someone about your asset you have in crypto or bitcoin will a create a sense of humor that you have money regardless your interest and the feel entitled to it and want to have a cake in your crypto you have and which is a bad mentality but something you have to keep your mouth quiet and focus to avoid some situations or problems

The first thing to know about crypto is the privacy feature that it has for its users,  this way it becomes impossible for anyone to know how many coins that you hold in your wallet unless you decide to let them know about it,  and also if you choose to remain anonymous is very easy and simple,  keep as best practices in terms of your privacy and security and never allow anyone that know you in real life to know the exact amount of cryptocurrencies that you own in your wallet.

Now that the rate of insecurity is high in the country and due to a lack of resources to meet basic life needs or even feed,  this makes it risky for anyone holding cryptocurrency because the mindset of many is that once you own Bitcoin,  you must be a rich guys or girls and that can results into more insecurity for the individual involve.

I will start suspecting anyone who is asking me much questions about my hustle. After telling you that am into crypto and you still want to know the particular coins am holding and the quantity. I will quickly know that there some motives behind those questions and the best thing I can do is walk away from you. Silent cannot be misinterpreted. The only person that's to know my crypto holding is my wallet and myself. We live in a crazy world and one has to be really be careful.

Op I agree with your post,e dey very very important to avoid to dey tell people about cyptro way because you no know who be who,also for security purposes.No be only for the crypto space e dey very good make we dey keep things to ourselves.Normally e get some people wey go just walk up to you to know wetin you dey use earn a living,u fit tell dem say your into an online business, some go wan know more because we get many online businesses,u fit tell dem say u be bitcoiner but e no good to tell dem the asset wey dey ur wallet for security purposes.And as bitcoiner e no good make we dey use our real identity for any platform including dis forum to avoid scammer from using our personal information to scam people.

   To be secretive is not a too much task for an investor to do, because you don't know who is who, even your family members can be an instrument of betrayal,some person's can share your information to the other out of joy which is risky , while the other has a different and bad intentions towards you and your business.
    As a Bitcoin investor one need to be very secret for security purposes ,not giving out your Bitcoin
Information ,statues and wealth out is good and safe becausewhen informations are being passed out those that are about to rob you will study the process of your investment and how It operates fnancially, in order for them to perfect their plans.  To be a successful bussiness person one need to secretive and i don't find any problems with that since your life is in your hand.  
   For you to have joy and peace of mind one have to be carefull and mindful of who you share your personal life secret with

OP, all you said is absolutely correct, must people has fall victim of one or two things that you mentioned here, I remember a friend of mine telling one incident that happened, he had just little amount of coin in his wallet, he reacted it to his cousin brother, both of them has side hustle that fetch them little funds too but because of what he told the cousin brother, they guy form the habit of telling him to borrow him some money, once the guy refuse, he will start telling him how wicked he is, how he would have borrowed sold his coin to borrow him the money if he were to the person in question, in conclusion, is not as if is not good to open up some secret to some person but think twice before doing such to avoid unnecessary drama.

I no really trust all this crypto wallets way dey request for KYC because those KYC nah our personal identification (details) we dey submit to them and anything fit even happen to us, like how I done dey see topics about how this KYC dey blow investors cover, mostly those way won dey on a low-key for this crypto world.
For me I go say the most important person way we fit tell or show our BTC investment to nah only our loved ones, like our soulmate, I really believe say those persons no go fit blow our cover to anyone else way go result harm to our investment.
People can get jealous but they should not allow the hart of jealously to occupy their whole mind because everyone has a particular time that he or she will get what they want, so if what they are hoping to achieve don't come at the time they need it most, then they should continue working hard on till it comes.

I believe say na notice me dey worry some people that na why people dey disclose wetin suppose be secret to them to the general public. The problem wey follow that kind thing just too many and base on say Naija dey hot, e no make brain at all. From security challenge to pressure from family and friends, the problem too long.

My advice be say, anybody wey get beta Bitcoin come decided to show the public should be ready to carry security because e get why.

Action dey said, speak louder than voice. Showcasing you cryto asset is a threat to one's life, as day passes by, people becomes more Heart hadend on negativity. If anyone wants to succeed in life you should zip off your mouth. It is point less to to show people your achievement so far in Crypto currency if not your life becomes at risk consedring the current situation of the economy right now.

Economic inflation has made many not to know true friend anymore. if you watch the recent happenings you will see how many where slaughterd like goat all in the quest for money. So if human being can have that mind set to kill for money, I think cryto wallet review can also cause such thing. We just need to be careful.

The heart of man is evil, reason why you should keep most things secret especially where it concerns finance. People can get jealous and want to attack you or snitch you to the corrupt security agencies looking for who to devour.
On the Internet identity, it's not too good to expose ur identity but if you don't use ur original details for KYC to register to an exchange that makes the person a scammer coz why will you hide your identity since it's been gathered for security purposes

One thing wey I observe about wealth issue and even for crypto most especially the ones wey dey trade, them dey like to show off, I get friends like that wey many, Everytime they will love posting their bitcoin investment and trading, for me I understand them I feel say na wetin them dey take attract girls but unknownly to them say na wrong thing to expose crypto investment online. But another set of people dey again those people just feeling like telling their friends, neighbour about there bitcoin holding make people just know say them get money, but if we observe well na people wey dey expose their bitcoin investment online na them dey face challenges like this na them encounter scammers pass and na them go still carry their mumu post online giving details on how the scammer scammed him, even if person wan show off for crypto or wealth matter make the person stay out of social media because social media na world wide everybody dey see wetin dey happen, so exposing your crypto holding online go attract scammers well

My brother, na man dy do man oooh. Trust remain trust until it remain like that but how many people do that. Not everybody you trust today will return it with good gesture. People you even trust today are the people that fail you the most when you need them badly, never trust a man that with money when they don't have the money you have. For instance, you have $10,000 today and your guy has $100,000 as well, it's very easy for him to trust him and tell him you have crypto than for you to tell another that has nothing at all.

I love Ben quiet about anything related to crypto. Not that I don't like to make awareness of it but these days you find it hard to differentiate between people that loves you and the ones who don't love you. If I don't tell you that I do crypto, there is no way of you know in my activity and that improves my privacy, what people don't know is better than what people should know about you.

That is not really good but some guys dey do am to win girls heart. Telling someone about the total amount of bitcoin you dey hold is not good because you no know who is who. Dem fit attack you from different angles. Either from arm robbery or police. Dem fit report you give police say you dey do Yahoo and other lies against you to be arrested and that is one of the common practice among friends so be careful with whom you tell your bitcoin hodling.

As I don talk am before make your no need to tell people about weti you get as bitcoin but body go tell dem. Na so I see am. But me I no go call di pesen mumu but na ignorant na dey do am.

Anybody wey try to expose or even try to tell person about the bitcoin him dey hold na big mumu, in fact the person don't know anything about life, why the person go tell people or someone about the coin wey him dey hold, abi waiting him go gain? Sometimes we gast know say no be everybody wey dey smile with us dey happy, nobody  to be trusted even your blood are not be trusted, hiding your secret is the best way to avoid enemy, in this life some people even hate it when they see you are successful in life and are talking about your bitcoin you are holding, i don't think telling even your friend about your bitcoin is good.

The only thing that will make me tell my blood brother the kind of bitcoin I'm holding is until my life is in danger or I'm about to died if not I won't say it, some people will do anything to make sure they get you down and get what you have built for a long time, I don't know about some people who trust their close friends but for me I don't trust anyone in this world because when it becomes about money people will change.

Na true, we get plenty reasons not tell people about our crypto matters, because you no know who be who, so e de best to de make our money codedly for our peace of mind. Because di economy de very hard now, if person go de announce himself, na im be say im don take im hand create enemity for himself. Any family and friends wey you no fit help go reason am say you na wicked person.

You know say some of our people na hard and tedious work dem de court as work, like carpenter and bricklayer, so if dem know your way, na to badmouth say after all no be free money you de collect? So why you no go fit bring am and share everything with dem. But how dem wan know say crypto  business carry plenty risk, and even where you de earn money, no be one day matter e start.

Some people de feel say any business way person de press press phone and laptop na yahoo yahoo e be, so even if you tell dem say na crypto business you de, di wicked ones among dem go still go spoil your name, say how person wey no get shop, no got work, go de survive pass dem wey de struggle everyday. So best thing be say as a crypto earner, if you save up, na to go live for new area wey you go de code your sef de run your crypto parole well.

Me I believe the phrase that let your wealth speak for you and not your mouth. As for me e no too good because people don wicked well well. Though wen dem see from you body dem go still dey envy but dat won e good. And only those wey understand cryptocurrency go fit do you something but for those people wey no sabi anything about cryptocurrency even you tell them nothing happened so e no bad to tell them and through there dey can be converted to join the investment league.

One thing we no know here be say even from newbies to legendary when we tell bitcoin to everyone and dem accept it then purpose of bitcoin will be realised because through there people can use it to buy things and uses of bitcoin will be very sweet and interesting. And since Nigeria government stop the transaction of bitcoin through the commercial banks, it is not wise to broadcast you holding of bitcoin because even the police and efcc are looking for ways to arrest people and collect Money. So let you wealth speak for you.

Telling person about your crypto hodling no too dey bad but at least make e be person wey you trust or somebody wey dey for the same crypto investment parol or person wey also get him own crypto. Make you no give person your wallet password or phrase, that one na for very close person like wife.

But you don't have to disclose to the public anything because you fit become target for attack for the area wey you dey.

When it comes to monetary investment it needs to be something that must be secrete because information fllies, you may decide to tell someone who is good and honest but the question is that if this  information can stay just with the person who knows about it with getting to someone else. For safety it is just better to keep investment,  expecially bitcoin secrete, their is no need letting people know about it. Telling people about the investment will never add any value to investment.  Investment should be personal to avoid problems .

We have seen from various posts and threads here in the forum what happened to some people who showcase their crypto investment and success on social media, how they got robbed by strangers and even by a family member. In life not because you are making progress means that everybody is happy with you, some people are envious of your success and when you expose how much your crypto investment worth, it means that you are inviting such player haters to you and you are also attracting arm robber to you because they will all know that your are rich and you are a good target for them. This is why it is important that we act as if we don't have any amount invested in bitcoin, so that you can safe your investment from robbers, your life and that of your family from danger. The person that you are showing your bitcoin investment size might be the one to set you up. The world is a dangerous place so stick to a private life.

At least I don learn for life say no be for everything or everywhere you gaz dey show yourself or your lifestyle especially when it has to do with your assets and holdings. Plenty people dey wey no get clean mind like you wey just dey wait for small opportunity to bring you down. Some people no even know who you be but because of their retrogressive minds, dem dey always look for the best way to bring you down, economically for their own happiness.

It is therefore imperative that we always maintain a low life as against a high life. Nobody wey dey this world wey you fit impress pass your family and even them too get limit. Some of these things I got to learn while growing up that it doesn't matter at the end of the day as people will continue to live their lives with or without you. So I learnt to be calming down because it is self-rewarding.

Na so hackers and spammers began, when dey started seeing loopholes and extravagance lifestyle od some extremely reach people or companies, they became tempted to penetrate and loot from those people. If you no sabi protect your self wella, you better learn privacy and na why we dey always talk about security measures on your recovery seed and private keys.

E dey very risky for us to dey tell people about our savings, e good make we dey keep am secret because no be everybody wey dey close to you dey like how you dey progress, for this world wey we dey so we need to the hide so many things, e fit be say person wey you talk to about your crypto currency investment will go tell him friend and maybe that him friend do not no anything about crypto and e go dey look you with bad eyes wey be say wetin you dey do na illegal, another one be say the person wey you tell no be your friend but your enemy but you see am say na friend will come gang against you to steal your funds.

Any person wey dey reason about security like me go dey conscious about how dem go open their mouth for everywere dey tell people about their crypto holdings me self been don read for news say e get person wey go tell people about how him dey invest dey make profits from cryptocurrency na so dem take plan come kidnap go hide inside bush, like dis dem plan for de person and him com bring all dey coin wey him dey hold com transfer am give dem onto him dey always make mouth dey open outside how him dey see millions na so dem take carry am run las las him lost everytin. Like dis anytin u be just hide yoursaf no even allow person sabi wetin u dey do ontill dem con notice am by demselfs.

For me why person go even try to flaunt his Bitcoin or  holding to anyone. in every aspect of life, I think keeping your holdings a secret is best for you because if people don't know your worth they will definitely have nothing to take you. Only a beginner who doesn't understand the risk involved in showing or sharing your financial secret would be so foolish to expose it.

This na very serious matter oo, some persons go think say na joke buy no be joke, for this same forum naim person post for beginner and help board how dem take ho rub person house come even collect the coins wey been dey em wallet, and this na person wey dey like to post online, one of the biggest mistake wey people wey dey into crypto go do naim be to dey share your financial information dey give people anyhow, I get some friends wey e dem received any crypto sef you go see their post for WhatsApp status, that na expose you dey expose your self.

OP check whether the link of the original post wey 1miau post for Beginners and Help na the same post heading wey you write so give us for our local board on how important wey em d to avoid telling everyone about our crypto holding.

Why I am pointing this out na because I clicked on the original post link, where em carry me on go na
How to add Bitcoin address to Electrum / difference sweep and import priv. Key

OP no connection d with the post link and the one wey you translate to. I go say make you re-edit the post by providing the right post wey 1miau post for the Beginners and Help concerning the post wey you translate to pidgin so. Why that na because em go d easy for people wey wan trace and properly understand wetin the OP(1miau) talk wella for proper English.

Op, I agree with you, no be only for Bitcoin self but for the things wey we dey do for real life because after you do tell your friends them the type of investment wey you don put hand wey dey give you money, they go think say money done full for you everywhere and when they ask you of money, you come give them below wey thing they ask or you tell them say you no get money to give them at the moment. They go see say you do not want to help them. Before you go know they done get hatred and jealousy for you, and some friends fit go to the extent of poisoning you through food or drink. E good too anytime we comot with our friends make we dey careful for anything wey we go chop, if we want go use the restroom or answer a phone call, make we sure say we finish our food before we go or if now drink make we carry the drink go there to avoid being poisoning because the heart of men is full with evil.

Op, this part shouldn't be added to your translation, I advice you removed it.
We should be cautious of how we speak of our Bitcoin investment, even if we are trying to teach or introduce Bitcoin to someone to avoid jealousy or for such person to  know your worth not just friends but relatives because jealousy or issues can come from anyone.
 The Internet is not a friendly place if you take your privacy and security simply then get ready to face the dangers of it especially the threat of KYC which is one of the easiest ways hackers and scammers can get a complete details about you.

Original Topic: Why it’s important to avoid telling everyone about your crypto holdings
Author:1miau

Why E de important to avoid to de tell people about crypto way you get

If you first look am e no be like bad thing to tell people say you get Bitcoin for wallet,but E get some kind things you need reason and put for mind.


To de tell all your friends fit nor be better thing.

Even if them be your friends you need to de careful well well if you tell them about Bitcoin or other crypto way you get.

As E always be, some of them go de way go con de jealous,especially if them think say  you rich (but you nor rich like that) con start to de  beg you make you  give them some from inside. This matter fit spoil  trust way una get for una self way fit spoil una relationship kpata kpata or finish.

Or if that one no happen , we know say some of them nor Sabi keep secret and Dem go fit come bigin de tell other people. E de possible say people go con know about am way de jealous/ and get bad relationship with you or Dem fit be thief way de plan to thief your crypto.

After all, the more many many people con de no about your crypto, the more bad people fit come still de know about am.

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To de link your identity for internet join your real Identity fit de very risky

Normally nor be better thing to de use your real names for Internet, especially when he  concern your cryptocurrencies. This matter  concern  forums, public social media accounts way get connection to cryptocurrencies and  for all services, where we go need to use email address or similar.

Since many accounts go need email if you wan register, you suppose use email way you  newly create way nor get your real name.E  go protect you from spam and scammers Dem who wan no your real name and address.

With  social engineering, scammers fit conclude about the person, how many crypto them get, find out where Dem de live and fit con plan to rob you

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KYC fit expose your identity to peope way no suppose no about am

Better wrong idea de  between the reason and the result of  KYC-process.
E de very important to de extremely careful and know the risks way de if pesin do KYC. Better avoid am if you fit and no do am if you  nor want make bad thing shock you.E dey  possible say the KYC-Scammers / Hackers use your hacked personal information way Dem thief to take gain knowledge about your personal address or location / sell am give other people and Dem fit plan to rob you for  house and thief your crypto.Dem even catch coinbase sef. de sell user data.

See some other reasons why to de do KYC fit puts you for big risk: Why KYC de very very dangerous – and useless

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Overly to de  carelessly handle your personal data go increase likelihood of them to thief your  Bitcoin by force or other old ways


Different attacks dey way you fit lose your cryptocurrencies: scams, phishing sites or hacked wallets. Another attack way you fit avoid na the popular $ 5 wrench attack:


https://xkcd.com/538/

U fit avoid am wella if the attackers nor know your personal data and where you live.

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Finally,Everybody dey responsible to keep their own data well and who go gain knowledge about your crypto. As simple rule, E always  dey advisable to dey  careful when you de  doubt. This matter  still cover all actions for  Internet way fit threaten privacy.
Once information don cast, we no fit undo am and all the (bad) things way fit follow.

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