Bitcoin Forum

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.

I guess his spendings must have alerted the criminals that he's well to do or he must have spilled some secret about his wealth when under the influence of alcohol. But come to think of it, why would his friend hook him up with 3 criminals? I guess he would claim he didn't know that they were criminals... It's up to the police to connect the dots.

Advice: Be careful of the kind of people you keep as friends and don't draw attention to yourself by unnecessary or lavish spendings.

That's actually traumatic experience for the victim. That's why in this industry people preferred to remain anonymous as there are prone to threat since money are involved in this scenario. If you've become successful in this industry which is in the crypto, it would be better to remain silent about where'd you get the money to spend. We're aware of the capability of people to do such things just in order to get some funds, that's how crazy people even your family, friends and lovers could betray you for your fortune.

I've also read somewhere here in the forum that someone got robbed inside his house because he was boasting about his bitcoin wallet through social media and the robber went to her house and was forced to transfer it to the robbers wakket. We learn a valuable lesson from this, just to keep it secret and not boast about it. Also, there is no point showing your portfolio to others because, for sure, they will think that you are boasting to them, so just to be safe, keep quiet on it.

What's the benefits of telling your investment to others? A counter question to your inquiry. We have no obligation to share our investment to anyone because that's personal and very sensitive. I done’t one anyone dipping noses on my money because that's my secret. Making it an open book to everyone will just put your life at risk or danger because jealousy and greed of human.

For all those sharing their investment publicly using their real identity. You should stop doing that since your only purpose for doing that is for bragging with a little bit of encouragement. Investment is better to keep private because its not meant to be shown in public because of human greediness.

I agree with @OP because that's what we must do to protect our assets from the target of bad people who want to take our assets. We can hide all our assets without anyone knowing, especially from people we don't know because we don't know their true intentions.

It's better to keep it for ourselves so we can keep using crypto in peace and pass it on to our children later. In addition, owning crypto means we are responsible for everything from people who want to cheat or steal our assets.

We have to be generally careful of the people who we tell our achievements to, while it may look some of these people you have told are happy for you, they may actually develop the bad jealousy kind of jelousy towards you. You don't need to tell everything to people who you call friend and sometimes family, that is one rule in life to help you.  At the point of telling someone, you may feel the person is harmless but you can never tell what is going on in the mind of the person and can not also tell what the person will do tomorrow.

It's the kind of attack and just like being kidnapped, there's the $5 wrench attack. It's important for each of us to know whom we're telling that we've got crypto investments.

You tell it to the wrong person and you might be personally attacked by that person or people that you're generous of telling your experience and assets on it.

Being talkative should be done in a right setting and sometimes all you just need to do is to keep quiet.

I felt bad for the others who also experience those kind of theft. They must have feel violated and betrayed that their assets, which they have worked hard to accumulate, have been taken away from them.
Thats why investors should avoid sharing sensitive information about their holdings with others, and should be wary of phishing scams or other attempts to steal their private keys or login credentials. While it is good to share knowledge, be wary of how much you share especially how much you earn.

Terrible experience for that crypto investor!

These days people are desperate to have a piece of that success and things that involve money(finances), investments, what assets you own should not be shared with strangers and to some extent this should be kept away from some family members who could forcefully try to inherit all this by cutting your life short...if you have to share I suppose your spouse and kids and maybe siblings should be in the know should something happen to you.
Otherwise lets not give this information to every Jim and Jack!

One should not tell strangers about their wealth in crypto assets, even if it is someone they know but they are still obliged to maintain the privacy of their wealth. Many people are careless about this, they trust their friends too much about their wealth, even though it can be a threat to themselves in terms of asset security. Everyone needs money, even money can turn a good person into a bad one and it's all because of money.

Stab in the back, this expression is one of the many cases where someone who is considered a friend turns out to have harmed himself. Avoid saying directly about the amount of wealth to anyone, regardless of whether they are people we know let alone strangers. On forum, you are not encouraged to post anything sensitive including the amount of wealth you have. There are many risks lurking, so always be wise in posting.

It's very important to keep your Bitcoin investment information to yourself. Normally, Bitcoin is a digital asset that doesn't require the help of a third party to invest in it, so it's very wise to keep every detail of your Bitcoin investment to yourself because you can't tell if the person you are even telling about your Bitcoin is a thief in disguise who can run against you after finding out all the information they need to know about your Bitcoin investment. I know I have talked to a lot of people about Bitcoin, but if there is a need to tell them whether I have acquired it or not, I only end up telling them I have just a very little fraction of it. I don't tell anyone how often I invest in Bitcoin, how much I invest, or the amount I am holding already. Those are details one should keep to themselves. The only person likely to know all the details about your Bitcoin investment is your children or wife, and giving them such information must be at the right time; if you give it to them at the wrong time, you may still be at some risk because your children can playfully give out some pieces of information to an outsider that can make some thieves launch an attack on you or something else. Also, give your wife such information based on the trust both of you have built among yourselves and how long you have been married.

Aside from the possibility of becoming a victim of a criminal, there are those around you who are unhappy. The truth is, they assumed you were wealthier than them since you invested in Bitcoin. And one of your relatives will eventually become envious of you. Without them realizing it, you're merely investing a fraction of a bitcoin.
Jealousy was extremely harmful since it could result in a negative outcome. It can cause a person to do things he would never do otherwise. I understand that we sometimes want to brag about our accomplishments in life, but we should always consider what might happen if we do.

Well spoken mate, it rather simply really OK let's look at from another of view, I have bank account and their is cash  in it whether big or small it doesn't matter so tell me now is it proper to give out the details of that account to anyone or even let anyone know about the digits that are currently stored in there ? Obviously a capital NO, and same logic applies to bitcoin but for its case it goes way more  secretive because even the bankers don't actually get to know the amount of money in your account or in this case wallet and no one will, so far as your keys are safely kept with you. So giving out little information keeps you at the risk of loosing everything on that wallet and its very important to stay sealed shut about your financial dealing because the more exposed it gets the more likely you would get wrecked. ;D

that's why it's important for everyone to choose a friend or whoever you want to talk to. not only related to the problem of trading or investing assets that you have.
We know that nowadays almost everyone is having problems with their finances. and it can be a trigger for everyone to take unwanted actions.
you can share information, but still keep everything related to your own assets. if something goes wrong in the future, it is also part of our own fault that we are not careful.

In regards to the bolded part, people who understand Bitcoin/crypto and its rules already know that. Crypto space is public or trustless environment where users real identities should not be linked to their assets in open space. Only Anonymous users maybe linked to their assets.

Users private information that's not harmful should be private but their non-private information in their transactions/exchanges should transparent.

It is just like money, but that we tend to become more lenient towards members on this forum because most of us are from the middle-class background and we all are trying to earn money more than what the average joe does.

We must not forget that we have to keep our investments safe and for doing so privacy regarding investments is a must, always speak less about what you actually own and try not to disclose numbers. Remember that the person whom you are dealing with is not always a benevolent one.

You dont give your bank account details to stranger do you? Same goes with bitcoin.

It is always better for a person not to be talkative about his work in general and about Crypto in particular. One of the important features of Crypto is privacy, and here we always try to maintain privacy.

What is the use of all this privacy if we are going to go there and gossip about our business, this will put us at great risk especially in countries that ban bitcoin and cryptocurrencies.

I do not disclose my work except to family and close ones, and despite that, I feel regret sometimes because of that, because this can be dangerous sometimes.

Discussing cryptocurrency related matter with friends and strangers is not bad but when you give them you personal information then it is bad. Not all the people that are playing with you have a good intention to do you good but some of them are good. If you want to be a wealthy man, you don't have to be a gossiper. You have to listen more than the talking. And your attitude will speak for you at all corners.
If you want Bitcoin to group in your locality then you have to broadcast it to everyone so that you will have some people who interested in bitcoin in your area then you will also have people that will buy and sell bitcoin with p2p system.

You can talk about the presence of savings in bitcoin only to those with whom you are ready to share this, leave it as an inheritance, or simply give it away. The rest of the people don't need to know about this, for the sake of your own safety and the safety of your funds. Today you trust people and share such information, and tomorrow you can ruin your relationship with them and their desire for easy money can cost you dearly.

There is nothing to say about precautionary measures in public forums. This has been discussed many times and is a banal safety measure on the network, which implies the following: don't talk too much.

You are right OP, telling people about your investment in crypto is very risky because you don't know who will take advantage of the information to gave out about your investment to extort money from you. Sometimes people that we think are our friends and not our friends but they are gold diggers and  are jealous of you,they have bad motives towards your success.

Your crypto investment should be secrete between you and your wallet,so that you don't end up being robbed. Bitcoin was created to give privacy in all aspect to its users. Therefore, we should also follow this way when you have invested to keep our mouth shut about our investment to attain a maximum private life. Your bitcoin investment should only be known to the next of kin,when the appropriate time comes.

For bragging purposes.  Many people who is boastful wanted to show the world that he knows Bitcoin and is invested on it.  Little that he know that he is giving away his wealth and himself to people with ill-intention.


I agree sharing about information of Bitcoin is one thing, showing your wealth is another thing.  Let us not be confused about this two.  We can share information about Bitcoin and even promote it without showing our holdings.  If you can observe, professional streamer cover how much Bitcoin they hold and even blurring the wallet address.  They do that for security purpose and we should also follow that example and never publish our wallet address and the amount of our holdings on social medias.

There is no advantage, in fact it will cause social jealousy which can cause the person to intimidate you if you have a lot of money in bitcoin so it's quite clear this is very sensitive and as much as possible we have to keep what we have in bitcoin as our investment asset, but if someone has done that then he is careless and arrogant because he wants to be seen by others.

I said only stupid people do that while we understand better how to keep our assets secret as much as possible not to be known by other people, anything can happen with a risk if he publishes it to everyone and that is his biggest mistake.

I keep what I have a secret, including some of my relatives, I don't know how much BTC I have, it's enough for me to know, identity is important not to be public.

It might not be a result of him being a crypto investor that led to the ordeal, but notwithstanding, one needs to be careful about which information you share with your friends and enemies. Some of my friends recently get to know about me being into bitcoin because sometimes when I'm less busy I come on the forum to work, so in doing this some questions arose here and there.

This is the reason Satoshi make this forum decentralized and anyone privacy is anonymous here. talking about btc with friends poses so much risk especially in those area where btc is not regulated or banned. i think we should share our crypto wallet information with our closed friend because we don't know about future and  close friends can be turned out to enemy tomorrow.

I shared about crypto detail only with my brother and i didn't shared even with my close friend. crypto is not totally legal here and we cannot disclose this in public because sometimes it's result in serious issue of money laundering

It is not new thing that people may not be happy with someone achievements and discussing that with many people may put someone that risk.i see nothing bad in telling your close and few people about a great thing you are doing but all I know is that  don't brag of what you worth especially in term of cryptocurrency telling them what you worth in your wallets, is never a good idea because that is main reason why many people are target. I believe if people don't know your worth it will be hardly you been target.

This brings to mind a post I read about a man who won a sizable sum of money in a bet; at first, no one paid him any attention, even he bought a car; nevertheless, the day he revealed his winnings amount, he was attacked.So let's simply be careful while bragging about our value and bragging about our accomplishments.

Dear op it's not the first time when you expose your earning, investment and salaries openly, you always face consequences. It does not matter, if your investment or salaries is in BTC or Fiat. All that matter is money. Because if the scammer, hacker, blackmailer etc. Have to ask for money they will always chose crypto as method but you know what they could also be tracked from crypto method.

The best practice is to not show your earning openly, why? Let me tell you:

• The worst scenario is what you have mentioned , because if a theft knows your earning, he could steal it from you. In any way possible like by kidnapping too,
• Second scenario is, once you showed your earning, people in your friend, relative zones will try to borrow money from you. Its not a bad practice to lend interest free money but they will borrow money for no necassary reason and always will be late to pay it of.
• Many will try to judge your way of earning and will think accordingly about you, for example if you are earning more or have big investments, manuly will think about you having a bad job which makes you more money. And that's true because i have seen people talking the same.

There were many cases about kidnapping a investor or there nearby ones (loved ones). But still many people try to show off by think that it's not that much money while to others its too much. And they fall for greed and think to take it from you with any way possible (only the devlish mind)

The subject shouldn't be limited to cryptocurrency; the victim in this case happened to be a crypto investor, it was a simple coincidence, anyone wealthy or well-off could have been the victim. Unless you are intimately linked to someone, there is typically no reason to disclose your financial situation, and even then, it is best to keep your distance. Never assume someone or anybody else who may be listening is completely trustworthy. You shouldn't brag too much about how well you're doing, just as you wouldn't count money in a public setting, you'd get mugged. You can't comprehend the lengths people will go to in order to ruin something because they are envious beings.

It's not a big deal for people like us who don't have big investments. You don't need to tell anyone about your investments, big or small, though. In a bad situation that may occur in your health, it is useful to tell a relative of your investments. Do not tell anyone about your investments in any way other than for health reasons. Because there is no need.

Be as secretive as the secret service. Never discuss your investment with strangers but if you must say for example in a gathering of people with like minds, and you have to talk about it, remove the important details or better still, talk about something similar but not the exact thing.

The kidnap story has more to do with being security conscious and doing a deep background check on wherever you are travelling to than is crypto related. As a stranger in another country where you are not familiar with, stay where other visitors stay and not with the locals. Overall stay alert.

It is important to keep your bitcoin investment secret from others specially if you have a lot of investments, to protect yourself from potential theft or scams. It is important to check on the potential risk and benefits of sharing information about your investment to others. So be vigilant in discussing your investments to others because they might be spying on you. Never ever disclose to anyone your earnings stay in a low profile level to keep you safe.

You can use your brain to think how privacy matter is important, it's not only limited to Bitcoin, but it's happen on anything that's has a value.

You can try using your social media to know what's the other people will react to your condition. Start from today to the next week by complaining about God and you don't have money, act become the most painful person in this world.

Then the next month you can upload all of your achievement e.g. have a house, super car, luxury lifestyle and a lot money.

After that, compare it.

If Bitcoin and other digital currencies are completely illegal in your country, it's best not to discuss your Bitcoin holdings with anyone. You can be in danger if you discuss Bitcoin with everyone even though it is completely illegal in your country. 

And if cryptocurrency is legal in your country, you can discuss it with people who don't know about bitcoin or crypto currency and show interest in learning about it but never share your personal information with them. If you share something personal with them, no matter how much you like them, it will be seen that you have suffered a lot from their point of view. 

As much as you can talk to them about bitcoin or cryptocurrencies without sharing your personal stuff, it won't hurt you. But always keep your personal safety in mind.

The last line I totally agree with.

1. It is very important to always keep our financial status or information a secret, most especially, from friends, and it doesn't matter how close we are to them or they to us, never trust anybody, except family, and even family have to prove themselves trust worthy before we give them our complete trust, anybody can do anything for money, one movie I watched, a son told his mother "when it involves money, trust no one, even me".

Bitcointalk forum is not decentralized, it is owned and controlled by the admins, but there is no kyc and you don't have to register with your personal details; but the forum is centralized, though you can keep your privacy and be anonymous as a member in the forum.
If your friends find out you are posting and reading on Bitcointalk forum, it does not mean you own BTC's, Bitcointalk is a discussion forum and you should tell them that you want to get knowledge in BTC, you can even invite them to join the forum, the only problem can come from you, and that is if you start to tell them wrongly that Bitcointalk is a place of work, or where one can make money.

It depends on your circle, be watchful of your circle first and get rid of any threat lurking, jealousy friend and co, you should know them because the answer is always within, do not deceive yourself thinking it's not what you saw.

Bitboy and other crypto influencers on Youtube have family and friends and I've never heard that one got kidnapped or betrayed, the thing is, such people go around with someone like them, everyone knows where they get their money from and they influence others too, either friends or family.

Going around enjoying yourself with friends that are also millionaires from crypto is far safer than going around with friends that are finding it hard to catch up to you, it is dangerous.

My bitcointalk life and my physical life are very different. Different circles, different areas, different languages, etc. But occasionally I do mention Bitcointalk to people, and some know I'm into cryptos. They don't know how much I have, how long I've been into Bitcoin, what I do on the forum or what's my forum name (only a very small handful of people know that). I don't have much, to be honest, so I feel alright. But I understand that some people have more and may not talk about Bitcoin at all because they want to avoid being targeted.

Never talk about any of your assets to people you don't trust. And it's not just Bitcoin. Because bad things will happen if you open all your assets to people. I only talk about Bitcointalk but I never talk about anything like how much assets I have and how I make profit from forums. I'm just saying if you want some money you can try investing in cryptocurrency or become a bounty hunter on forums.

Actually, it's not only when you invest in Bitcoin or crypto but in all types of investments it's better if it remains a secret and only tells your spouse or other closest family members, and I'm not quite sure that anyone will be happy to show off their asset portfolio because it will invite many who are not good to come to him.
From the news link you mentioned, I only see that the media uses the keyword crypto investors to be able to get traffic to its website from crypto lovers because no details have been conveyed apart from the kidnappings and crypto investors, so it's not news that is made in detail so it's not convincing enough to believe.

There is a proverb, or even two, that can be applied to the topic.
"Money loves silence" and "Your language, your enemy"
I think everyone understands the meaning of these two proverbs. Many people like to show off, telling, or showing on their social networks, or to their friends about earning in Bitcoin. Boasting, people put themselves in danger, which can come unexpectedly from scammers. There are too many envious people and other dishonest people in the world who can go to crime to take what they think someone else has. The most ridiculous and at the same time terrible can happen to someone who boasted about the amount of bitcoin in his wallet but did not have the amount he was talking about. It will not be difficult for bouncers with a wrench to find out his passphrase from a wallet, so the most expensive “gold” is silence. No matter how much the earnings are, there is no need to shout about it, vanity is a bad quality that never leads a person to good.

The issue is: how can you introduce new people to Bitcoin and promote it without telling them you are a Bitcoin investor? If you close yourself inside a shelter of anonimity, you won't share experiences with other people around you. You limit yourself a lot by not absorbing what they have to teach you, and by not teaching them what you know.

I think there is no issue to tell others you are a Bitcoin enthusiast, and to share ideas with them about this subject. The only thing which isn't advised to do is to tell them how much money you have invested and to never boast an ostensible way of life on your social medias (what is also valid for people who aren't Bitcoin investors). Being discreet, but not lonely or introspective is a more healthy alternative...

If you keep your mouth shut, you would save your life and that of the members of your family. The only person who in my opinion should know about your investment deals, your assets, how much money you own and others is your lawyer. Many people want to show off as if they are in a competition with their neighbours who do not even given a damn about them.. you'd see them on Tiktok and other social media sites talking about how much they have made from a trade, showing off expensive crypto lifestyles etc. These people are only putting themselves at risk. Keep shut, build in silence and most especially be more cautious about your friends than your enemies becasue your friends know your weak points and could easily strike than your enemies.

Bitcoin's security depends only on a private key. Whoever has the private key to a wallet can access that wallet and control assets at any time. So whether or not anyone knows about our bitcoin holdings. we must first make sure that our private key is secure on In a safe place. And if our private key is kept securely and no one gets it then no one will be able to steal our bitcoins. So I don't care if anyone knows about my bitcoin investment or not

I have a slight difference with most. Try to read.

I'm even quite happy when people around me ask about my activities with Bitcoin because they can provide an explanation of the advantages and disadvantages that I get from Bitcoin.

Apart from explaining the advantages and disadvantages of Bitcoin from the positive side, I will absolutely not show them the number of assets and things that are confidential that other people should not know.
Showing the number of assets and other things that are important to keep secret, is the same as giving people the opportunity to take actions that will harm us.
Not happening today, maybe tomorrow, next week and for sure they will try to get what we have shown.

Talking about our crypto investments make us a target, and not only from the mafia, the hackers could try to access our coins too, and that's why it isn't a wise move at all. While lower profile we have will be better for us. We have to play it smart.

Some years ago I read a story on the opposite side, a youtube kidnapped a couple and asked for cryptos to let them go, and I don't know how the police trace those bitcoins and find who was responsible, now the guy is on the jail, but the news was all around.

That is a different case, while you have stated the right thing in the next point.

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It's never safe to show assets to someone you don't even know. Even if you're very much in favor of privacy, you should also keep your bitcoin holdings tightly sealed from the government and anyone who knows you. For me it was done to minimize the risk, so the tips and user advice here seem worth considering. Your assets are for you, and you must secure them in various ways. You don't need to be someone like Michael J. Saylor who is always announcing his bitcoin holdings on social media. He was someone different, but there was a possibility that he would become the target of a hack.

People today are too narcissistic that their personal lives are exposed to the public so that they are known to be viral.
Even though exposing too much personal life is not good, especially if you tell that you are a holder of a lot of bitcoin.
it will pose a danger to yourself and your closest family. there will be many who are eyeing the bitcoins owned.
there have been many examples of robberies that have occurred due to bitcoin ownership that is known by many people.

Investment confidentiality is very important, no one should know about it (only a few people like family).
keep silent and invest safely and calmly.

Bitcoin or not, isn't there an expected level of secrecy and privacy in all your financial matters? Even if it's your closest family and friends, there are some things that must only be between you and your bank or lawyer. Whatever is the advantage of announcing all to sundry your Bitcoin investments? There may be exceptions but there should always be discretion... and humility.

Keep your success to yourself and people will still make you look stupid with your money and success, when people don't know how we make our money they always come up with stories just to satisfy their mind, I am talking from experience.

It's very hard to make money in my country because of bad economy and the little people that make some money and get rich are called names, scammer, hacker, ritualists, voodoo ist and so on.

You owe nobody any explanation, said my parents, poverty is so powerful that it can twist the mind of people, making them believe that riches is for the criminals. Especially when you are into something that people don't understand.

Keep your success to yourself alone, revealing how you make money can turn you into a target for the jealous souls.

Not only applies in the world of Bitcoin or cryptocurrency. If you have any job and can make a lot of money from it, don't show off.
Every time you make a lot of money, shut up. When you don't have money, be silent. It will stop people from treating you badly.

You raise a valid point about the importance of maintaining privacy and security when it comes to discussing one's cryptocurrency investments with others. It is always advisable to exercise caution and avoid sharing too much personal information that could potentially put oneself at risk of theft or other malicious activities. It's best to keep such discussions limited to trusted individuals or online communities with a strong focus on privacy and security.

It is very surprising seeing this kind of question here.
It is not that import for us to hide our Bitcoin investment from other if the trust is there. Many of us has family that could easily snitch on us if they find out that we have some money somewhere online. So it may be a good advise without any consequences for us to try as much nit to disclose our Bitcoin investment with People that can come for our money by any means. So many people are now dead because they disclose there funds, investments with people that later come against them later on.

Not at all for me. That is because I do not have much, even if bitcoin reaches to a million dollars per coin, I won't be a rich person, I would be doing better than today, pay all my debts, and maybe like go to a good vacation but then it's all done. That's how much I have, one million dollars per bitcoin only covers my debts and one vacation, think how little it is today. So if everyone on the world knew about how much bitcoin I have, it would not change anything in my life at all.

However, if you are a wealthy person or maybe poor looking guy, and have bitcoin and hide it, then I would understand. People with a lot of money on the side at bitcoin may not want to openly say that and hide it, that only works when you have a lot of money though, poor people like me have no need for that.

This is quite scary, worst part is if someone doesn't involves police or let's say police isn't efficient enough to act on time it's almost impossible to trace the money as well because of Bitcoin's pseudononymous nature. Also, it poses a risk on your life as well if you eventually give the private key also. Honestly hiding your identity is very important in Crypto world.

It was the victim’s own fault for boasting to a casual acquaintance about his crypto activities. And in fact, even if the Syrian was not a luxury car dealer and crypto investor, he shouldn’t have attended parties in a strange place in an unfamiliar city. One can’t be so naive.

That’s the reason why it’s better to keep your wealth and achievements into yourself because the moment you start publicizing it, a lot of people would be eyeing on you waiting to attack or take advantage on your wealth. I can see that the crypto investor in the news is just very confident and not being cautious in all that he did. I think after his traumatic experience with the kidnappers, he must learn to avoid crowd and partying knowing this incident might have chances to repeat again in the future.

There’s no need actually to tell your friends or other people what you have gained in your life. Your achievements may only trigger the jealousy side of other people that will lead them to think of harming you so they can steal what you have. That is why it’s best to be anonymous when you are in the crypto industry. People will come to perceive that once you have crypto, you have millions of money with you.

When you do really value or mind about your security and privacy then it would be always better to keep silent or making yourself that away on others awareness that you've been dealing with Bitcoin
or crypto as a whole. We know that there are people who do have that criminal thinking would be automatically having that impression that once a crypto guy then there's some hidden
riches on their wallets which you would really be potentially be target out or something that would happen. On this current years or era on which we know that scam,abduction and other things
would really be that common.

So if you do really value your security and safety then it would be better if you wont really be boasting up yourself about your holdings or whatsoever because you are really indeed
putting yourself into danger because you dont know on what the things comes up into their minds when it comes to money which it could potentially
give out risk into your life.

Not only crypto investments should one aired to friends or strangers openly. Whatever else you are worth, shouldn't be disclosed to anyone but rather be kept as a secret.

With what is happening in the world entirely, you would know that human being's minds are full of evil, nobody knows who's wishing them well or not. Someone you call a friend can plan evil against you without your knowledge and be forming well in front of you. That's why it's good not to trust anyone even your so-called friend.

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Just as people's minds can't be read, that's how your crypto investment is to be. If you leave it open, you invite envy, evil, and hatred from friends and strangers toward you. Remember a mind can't be read. That's how you don't who has bad intentions toward you. A friend can hate you all because you are more progress financially than him

Adding up to this one;
Canada ‘crypto king’ abducted, tortured over $3M ransom: reports
https://nypost.com/2023/03/26/canada-crypto-king-reportedly-abducted-held-for-ransom/

And there are lots of similar scenario in speaking about abduction and being tortured and asking for some huge ransom just because they've been thinking about having tons of money for someone
to be known on having crypto holdings. Just like on what others been saying on which it is really just that it is really that risky on telling your crypto holdings and knowing everyone or in public.
It is really just luring someone to go and break out on your doors of your home and would be getting all of your crypto coins. Better to stay low key and avoid
unnecessary show off or being boastful about your holdings because you dont know that there are already someone whose watching you.

Never disclose your crypto holdings to anyone, including family members. As Elon Musk recently tweeted, "Trust no one". The Syrian crypto investor was very lucky that Spanish police were able to come to his rescue in good time. Things could have escalated real quick if he had failed to rise the 1m euro.

Don't trust anyone that is a very important even you know them or they are close with you. And don't tell anyone that you invested in bitcoin because they know bitcoin is very valuable. So keep it secret if you do investing in bitcoin keep safe your all important things to make sure that you are not telling that you have bitcoin.

Not only are cryptocurrencies valuable assets, but we should also stop showing off our assets to strangers. Because society is full of dangers, don't trust someone too easily, keeping secrets is the way to keep us and our loved ones safe.


I don't think we have to be so extreme that even our loved ones can't believe it. When you don't trust anyone, don't expect anyone to believe you and your life will become lonely and boring. Money is not everything in this life, if there is money without family, without love, without comfort, that money also becomes meaningless. When you die, you can't take money with you, so don't live in an extreme that only knows about money.

Anonymous is a word that fits those of us who invest in bitcoin because the nature of secrecy is important to close loopholes for people to take unexpected actions, in my country if you have a large amount of bitcoin there will be tax workers who will come to the house they will give warning when you do not try to pay taxes in accordance with applicable regulations. Even though this is not a robbery scenario but being too exposed will attract a lot of attention, which is why it is important to try to be more anonymous in investing.

Although I doubt that other people can take the bitcoins that we have with the concept of robbery outside of technology, security is one of the considerations that needs to be kept anonymous and is much safer for those of us who are in investment. Don't be too flashy and be careful with all the possibilities that can happen.

Not everyone care about anonymity and secret of their investment in Bitcoin. They talk a lot about what they are doing and they are really ready to get more risk from malicious threats online and curious eyes in physical activities.

It is not good if you walk around, talk about your Bitcoin investment, and say you are fine because you have good practice on Internet, security for your devices. If more people know that you have bitcoin, you will have more risk from their curiosity.

You won't have to pay tax if you don't sell your bitcoins with profit. If you buy it in 2013 or 2016 and only hold your coins till today, you don't have to pay tax, because you don't cash your coins out to turn it to profit in cash.

In this day and age in which everyone is too keen to share everything they do and hear, it is critical to not share at all that you invest in the market of cryptocurrencies.

After all even if the adoption of bitcoin and altcoins has grown considerably since the creation of this market, at the same time there is still a lot of ignorant people out there which may believe that just by virtue of investing in this market you are a millionaire, and if the wrong person learns of this you could face an enormous amount of problems.

Keeping your crypto investment identity secret is very important, so that what happened to some investors that exposed their secret will not happen to you because bad people always get angry with those that are doing well in their crypto investment. I believe, many crypto users has learned their lesson from other people mistakes that made them to vow never to allow anybody to know the password to their wallets or Bitcointalk account because it will endangered their account or money when they expose such identity to their brothers or sisters. Bitcoin is very popular in my environment but I don't let people know that I have idea on Bitcoin investment because all eyes will be on me in the environment.

The case cited in the OP is exaggerated because it is about someone who:


In other words, someone who has a lot more money than the average forum user. Still, it is important not to tell anyone that you have bitcoin or only people you would trust with your life. Even more so if you have it in a HW, it is much easier for them to take your holdings than it is for them to take the rest of your assets (if you have a house, shares or pension plans, they can't take them instantly).



This is another thing that puts you in the bull's eye: to be seen spending a lot of money.

In my opinion, this applies to all forms of investment, and don't be too open, let alone know the nominal ownership. And if your friend just knows you're involved, I think that's fine because with this you can put a good explanation if your friend wants to be involved because it's kind of like you're doing the adoption individually.
but that doesn't mean you give advice because of your own initiative or invite your friends to get involved, because there is a risk of breaking up the friendship if your friend suffers a loss and your friend will blame you and this is highly not recommended apart from telling your nominal ownership, this is also not allowed allow.

It's because of two things for me (1) keep it a secret as much as possible to your family, because there's a high chance they will milk some money from you or even worst. (2) Keep it a secret from your social media friends, because you don't really know them all personally, you don't know who's gonna plan something bad just to get your cryptocurrency investment.

You don't really have to brag what you have just to be famous in whatever situation, or just because your friends are flexing their achievements in social media. Let them do theirs, and just do your thing as always.

Of course I am as cautious as I need to be with Bitcoin investing. The reason I am so cautious is that Bitcoin is a completely legal offense in the country I live in. Because of which I have kept my own Bitcoin investment and hold without sharing my identity with any friends and no one knows. I think my future may be at risk if someone finds out about this bitcoin investment of mine. We have to flee our country and invest in bitcoins, otherwise if found out under the law then jail is sure. Therefore investing in Bitcoins must be done with certainty and fractions of Bitcoins invested must be kept secret.

It is possible he mentioned his business and crypto dealings to the criminals whom posed as friends earlier.
He was not with his wallet at the kidnap point, lest they'd have disposed him of his coins without trace. His friend may have a slim or full connection to the incident, being the source of the connection. I think he played very smart by not moving around with his wallets cos it would've been worse.Bitcoin investment  information must be kept very secret and treated with utmost caution as its not completely acceptable by some governments and criminals are readily in trail of digital  money investors

If we are on vacation somewhere else, it's better not to say anything if we have crypto/bitcoin because it can invite bad people to do something bad to us. We also do not know the circumstances around us because we are not in our home environment.

And even though we are in our neighborhood, we should not say that we own bitcoins and keep it for ourselves. Maybe we can tell our family about the bitcoins we have but we don't need to say how many. Better to keep it a secret from others than to have something like that man experience.

Partying together. I guess he accidentally spit out his investments, or his crypto-related business. Another one is that, one of the captors already has a past crime record. He trusted the wrong people I guess.

Now with regards to sharing sensitive information here, I've been in the forum for quite some time already, and I didn't shared any personal information or trades, or anything that might affect my privacy here. I mean why would you share personal information here in a platform where you don't know any user personally. I guess a gullible newbie who can easily get tricked is the one that might do it, but for those who've been in the crypto for a long time, they know that sharing information here is a no-no.

For me, I have told to some of my relatives that I'm holding some cryptocurrencies, but I never told them the total amount that I have. I just feel very uncomfortable to share with them the total portfolio that I got, and I guess just telling which coins are you holding is good already. For those who are holding huge amounts of cryptocurrencies, or even just a small amount, don't ever share it to other people because it might be a reason for them to make something bad to you like what the captors did to the investor in the article the OP shared.

Definitely, when you talk that you have a lot of money but at the same time you move without security in dangerous areas, you should expect crime. Some people really easily call friend to strangers that they met minutes ago.
I read the article and I think first lesson from this accident is to learn whom to call your friend and whom to trust. And when you have a lot of money and talk about your investments and shares you hold, that's okay, if you are an retard influencer, you have to talk that kind of shit to attract people but you have to keep in mind that you need security with you cause you are already under the radar of criminals.

Boasting on social networks is becoming a disease of today's youth, let's not get caught up in those vanities and harm ourselves. But if it's wrong for you to hide it from your loved one because you're afraid they'll take your money, why speak ill of your loved one? Have they ever asked you for money or borrowed money from you and never returned it?

For my relatives, I will not hesitate to share because I earn money, I want them to be like me, and I also want them to make money from crypto. I will share my secrets with those closest to me in case something unexpected happens to me.

I think it's not even about Bitcoin, but about money in general.
The best advice I heard is to never tell people how much money you have/make, because they either will consider you poorer than them or richer and in both cases, they will think of you in the worse way.

OP. It is important to keep it private for the safety of our data.
In addition to the safety of personal data, this is also important to save the assets that we keep, even for the sake of other safety which is more useful because we never know what motive someone will do to us.

Not only regarding Bitcoin investment activities, including correct personal data on social media platforms also really needs to be kept confidential.
We must not accuse everyone of doing evil work for us, but we need to know that jealousy, envy that exists in a person's soul can move him to do evil work.

If silence can save us, why make a sound.

Some crypto investors are the architect of there own misfortune either by directly or indirectly revealing their wealth, one of the key feature of Bitcoin is it anonymity thus I don't know why a crypto investment that is originally being concealed will have to be exposed by the investor or hodler, of course the consequences such action will culminated to being a kidnapped, the bottom line here is that vital personal information related to any individual assets should be in secrecy and such individual should avoid boosting probably to impress friends and colleagues because of those friends might plan and plot kidnapping of their boastful collegue.

This kind of discrimination because lets say you tell it with your neiobohrs its either that if they knew that you are rich morethan them then they usually dragged you down or borrow money that they will not pay you, others also if they knew you are poorer than them they will not treat you right. Whether whats the purpose it is really best to keep it secret because of the situation right now that everyone is looking to anyone and mostly those bad guys finding a target.

I think that it doesn't matter in what field you are successful, but if you attract attention to yourself, sooner or later someone will want to take away your success. It's just how it works. Especially when it comes to money. That is why many people prefer to remain anonymous.

We can't trust everyone, even though they are people who are very close to us, but we have a limit in telling every secret we have, for example, in the matter of investing in bitcoin, if we really have bitcoins to invest in the future, we can give know our close friends but don't tell us how many assets we have, because when people are poor and need money they will definitely do anything to get money even dare to betray close friends, especially other people we just know of course the secret of investing in bitcoin or there are some assets that we better keep a secret well to avoid things that we don't want.

If you will not let them do that for sure they will not attempt again to borrow your money. Show them that you also need that so they realize that they cannot get something from you. Its up for them if they feel bad about what you said to them since this indicate that they are only good when you have money and not if you don't have. Its really important not to let anyone know about your bitcoin investment since not everyone can understand what you do and might they will drag you down because they think negatively on what you do.

Privacy is very important if you're active in the cryptocurrency market. Don't tell people about your wealth or your investment unless you'll become a target to both scammers and hackers. Your friends can be either one or help those that are trying to scam you be successful. Cryptocurency money is seen as an easy target to this people so they'll come for you.

Make use of personal wallets and don't believe any investment business you get from your friends. Do your own research before investing, don't just believe anything they say as some will launch fake project just to steal from you or intentional lead you to investing in scams so you lose.

From the news excerpt above, I can conclude (the victim) had leaked his true identity to men from Greece and Albania which made them have evil intentions to kidnap him. My investigation after reading all the news that you attached above, concluded (the victim) had made a big mistake that aroused other people's evil intentions. At first it looked normal, they also had a party for several days. I suspect that the victim was in a drunken state when he said everything to the kidnapper, someone can do anything when he is drunk, including leaking a list of his wealth.

The news above can be an experience for anyone to be more careful when you are with someone you just met, avoid anything that can make other people commit crimes against you. Invite a reliable friend when visiting a new place in anticipation of people who have evil intentions towards you.

Not in crypto only but in every filed of life we should keep our victory private because nowadays there is no body which feel happy with your success. We can share about bitcoin that its very successful token for enhancement of money and everyone can use bitcoin as a store value but we should not tell them about our investment because of privacy of your money.

There are lots of hackers now A days even a true friend sometimes make you fool by getting information from you and then use that information to get your money. Its not bad to share the method of earning but sharing your personal information and share about your money that you invest is not a good idea because its your personal information so try to avoid those people who wants to get knowledge about your saving amount.

But my neighbours are not like that one but my workmates before. when they borrow money and that time I've decline they will say something bad to me or worse is that they will curse you. What I've found funny is that when they going to chat you or text asking for money they are having long words to tell you but if you say you dont have money its either they will seen your reply or they will just reply a thumbs up on you and when you see them they pretend not to see you lol

Not just with crypto investments, but in all achievements that you have obtained particularly that comes with money, it’s safer to keep it privately so you can live your life without risks and dangers. If you can keep your crypto just to yourself, then it’s always better than trying to be friendly to everybody and easily disclose information that are not supposed to be shared. You are not just putting yourself into the eyes of scammers and hackers, but even the lives of those people close to you may also be in danger since they’re prone as subject for kidnapping as well.

I see this as relative, because there comes a time when you can't hide it and it doesn't make sense. Think of Elon Musk or Jeff Bezos, for example. But without going to those extremes, it is not logical to have a net worth of $10M and live in a slum, hiding your net worth because it would be very dangerous if people in your neighborhood knew that you are rich. You can live in a neighborhood according to your economic level and drive a car according to your economic level, without hiding it.

The OP's case isn't that of someone who does not hide his wealth, it is that of someone who engages in stupid behavior. Letting on that you have a lot of money in a vacation spot, where you have traveled alone and are drunk most of the time is putting a bullseye on yourself saying "mug me" or "kidnap me", which is what has happened.

https://iili.io/HUlI15b.md.png (https://freeimage.host/i/HUlI15b)

Our secrets as owners of crypto assets are necessary. For me it is a privacy like a private key for a crypto wallet. But on the link you have linked it says that he is a luxury car dealer and a crypto investor. I believe he is an influencer or he is a famous person in his country. Such people I think are fair to point out they are crypto investors. My point is such a person is very difficult to hide the fact about it.

I just wonder how someone like that could be kidnapped. I mean does he not have a security team? Looks like I need to find out more about this person.

Thus they have understood the level of risk that will be faced and it returns to each individual to keep it secret or be open to everyone, but it would be nice to be anonymous is much more useful to prevent something unexpected from happening to each of us

There is no need to tell many people that you and I have assets in bitcoin, someone who knows the basic risk will keep this secret to the public, the anonymous nature of bitcoin is in line with the secrecy that we carry out in investing in, you don't even need to talk about it to friends close about the assets you have in bitcoin.

Do you invest forever and never sell the bitcoins that you have, that's the same as your statement above, that not everyone keeps bitcoins for a long time, because there are some people who will sell bitcoins when the price reaches ATH like in previous years.

I don't really see a problem talking with my friends about crypto currencies, as I trust them and don't think they would do any harm to me. Most of my friends have at least invested a small amount in cryptos themselves and shouldn't be jealous when crypto prices are going to rise again. Also all my friends are already older and we know each other for a long period of time, if one of them would become rich overnight I wouldn't feel jealous and try to take advantage of it, rather I would feel happy for them. Talking with strangers about cryptos is something else completely, because you should never reveal how much money you have. Speaking generally about the idea of crypto currencies is fine, but don't tell strangers how many coins you have. It the same with Fiat money, you should never tell strangers on the streets how much money you have in your wallet or bank account. The same goes for the internet, some form of privacy should always be maintained as we can't trust strangers.

Yeah I agree but at the same time, just mentioning cryptos and Bitcoin during casual IRL conversations can potentially get you into trouble.

Online, everything is more or less manageable, you can even give some personal information without being identifiable. You just have to select the information you reveal, remove the EXIFs and metadatas from the photos you publish, and have a minimum of protection for your IP. I'm not talking about social networks which I think are only tools to autodoxx.

To come back to my first sentence, I think you have to be careful, if you say to randoms "I have Bitcoin", even without specifying the amounts, many ignorant people will imagine that you are "rich". For many idiots and uneducated people, Bitcoin = wealth. Even if you only have a few satoshis.
That's why I never respond to IRL conversations about cryptos and Bitcoin, I don't even mention it. You don't know who you might run into. They can either come after you, or indirectly get you in tax trouble for example.

In this world, I do not consider anyone as my own except my parents. I have seen many people fall victim to betrayal. Here you cannot guarantee that your friend will not cheat on you. So I want to say here that you should not trust anyone so much no matter how good you are. You may have a very good mindset but your friends may not have the same mindset as you. You cannot always judge others by yourself. I speak from real experience that I have been cheated by many of my close friends. You should always believe that you should trust no one but yourself.

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.

Well, the same personal security prevention strategies are applicable for the money that you have in the Bank or the expensive jewelry that you are wearing in public. In my country you do not walk around with the latest phone or Gold jewelry in some areas of the city, because it is simply too dangerous.

Also, when you pay for something.... you do not flash a wad of cash, because you rather pay with your credit card or some kind of online payment that does not show your balance. This forum are full of scammers that are lurking around to find some kind of "hook" to get you to reveal your stash and also to dox you.  >:(

Not everybody is your friends, mostly they are circle of influence and they're circle of interest as a friend's, so have a limit with them and also not to open your investment wallet, but rather discuss the the price movements of Bitcoin price, by advising to buy if them have, rather you have already have Bitcoin and keep it secret from friends.

Those closest to you need to know about your investments, this is important because the wife must have access to these funds in order to be able to provide the children with everything they need.

If you say that this is a matter of trust, then you will be right and you must completely trust your wife (or husband), otherwise what is the point of living with a person whom you do not trust? But a limited number of people should know about your investments, only those closest to you, whom you can fully trust.

Never share your investment plans with any strangers. Families and close friends can be considered, but that’s not necessary also. It doesn’t matter whether it’s Bitcoin investment or any sort of other investment. It’s really sad to read news like this in the internet. Moreover the world has become so cruel that, in order to make money, people can do anything and everything. So I would better advise that not to tell about your investment plans with others.

Maybe my life is at risk? :o, OP you have a point and I will be careful from now on, many people knew that I am into crypto because that's how I keep getting people to teach about crypto, if I teach someone today he or she will bring someone new or group of friends.

In my view, the reason I'm safe is that many still doubt Bitcoin; the majority of my friends still think it's not something easy to do, and I also run another business. People who know me in person assume I'm a fashion designer, but they have no idea I'm also a full-time bitcoiner.

It is important to consider what surrounds us concerning our safety. In my neighborhood, there are a lot of hardworking and successful people, and I believe poverty is the cause of people's evil minds.

When it comes to crypto, all should prefer to be rich and anonymous.  ;D

The decision to keep your Bitcoin investments secret from others depends on your personal circumstances and considerations. Here are some factors to keep in mind:

Privacy: Bitcoin transactions are recorded on a public ledger called the blockchain, which means that they can potentially be traced back to you. If you value your financial privacy, you may choose to keep your Bitcoin investments a secret.

Security: Sharing information about your Bitcoin holdings can also make you a target for theft or hacking. Criminals may try to gain access to your wallet or steal your private keys, which would give them control over your Bitcoin.

Social stigma: Bitcoin is still a relatively new technology, and some people may not understand it or may view it as a risky investment. If you think that sharing your Bitcoin holdings could result in social stigma or discrimination, you may choose to keep it a secret.

Legal and tax considerations: Depending on where you live, you may be required to report your Bitcoin holdings for tax purposes or comply with other legal requirements. If you are uncertain about the legal and tax implications of owning Bitcoin, you may wish to consult a financial or legal professional.

In general, it is important to exercise caution when sharing information about your Bitcoin investments, especially online or with people you do not trust. You should also take steps to secure your Bitcoin wallet and protect your private keys, such as using a hardware wallet or a strong password. Ultimately, the decision to keep your Bitcoin investments secret is a personal one that should be based on your own individual circumstances and considerations.

It is very important to keep your investments a secret. Bitcoin is widespread and the various news talking about how it makes you a lot of money is really eye-catching for criminals. Note that it is money that we are talking about here— everyone wants money and some will take extreme length to obtain one. Revealing your bitcoin investments  can make you a victim of theft and extortion, what's even more dangerous is them getting more info on you like your location— which is what the article indicates. Don't make unwanted attention on yourself if you made some money on your investments, that is just dumb.

There may be situations where you can share some info on your investments. Such as getting some insights about it on your TRUSTED financial advisors, accountants, or your family members (I don't really recommend family members, they might be the one to boast about it to others) that can help you manage your bitcoin investments. Be smart  ;) ;) ;)

I think the best lesson we can get here is to stay low key. Never show the public what’s your real life status and never show them that you are capable to afford luxuries in life. Instead, act like a regular person so that no one will suspect you that you have hidden wealth with you. And if you go to other places, try to be anonymous as you are and never trust strangers or even friends that you have just met that time.

A certain distance should always be maintained from strangers and friends. You should not share your investment information with anyone, including strangers. If you can keep to yourself where you invest and how you invest, your investment will be safer. When you share your investment information with a stranger they will ask you various questions about your investment and they will not even think of harming you if you share any personal information with them. So it is better not to share about your investment with anyone.

It is one thing to be quiet on the source of income you make and another thing the way that you live your life. If you are doing big spending within your environment it is attract the attention of people to begin the questioning of the earnings. I will suggest to stay away from big spending in the environment that you live that way it is not much people will know how you are getting your fund. It is worse if you are the one to be exposing yourself to how many cryptocurrency you have. Some hodlers boosting of how many coins in their wallet and potential increase they will have in the next bull season, this is risky to do.

Bitcoin and cryptocurrencies are no longer a secret today. we can just talk about everything with friends who do have the same frequency regarding any investment asset in this world. especially among young people, nowadays more young people are concerned about investing. they are in the stock market to buy some part of the company's stock.
the point, just sharing information with others because of a discussion. it's not a problem. most importantly do not give anyone access to anything related to our assets. if it's Bitcoin, you can keep your hardware wallet in a safe place, as well as the recovery seed.

Bitcoin being popular does not mean we have to brag about our investment in Bitcoin.  We should be discreet about our investment because it deals with finance and many people are enticed to do bad things if they heard or learned about someone having a stash of Bitcoin or engaging in investment in Bitcoin.  They might think that it is a huge sum of money and may plan things against us.  This will endanger not only our life but our family. 

These bad guys might do things that will force us to give them money like blackmail, kidnapping, threat and even crashing into our house just to rob our investments.

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.

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.

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.

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

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You are not rich when you are staying hiding, money will force your popularity out unless you want to have the money and be living a poor life. Owning crypto in large sum doesn't make you rich, it is how you use it and invest with it that makes you rich. Anonymity when you make transactions is good and preservable but a truly rich person that has so much goal will reach out for more challenges that will produce more money and be better useful to his country and employ labour. Not by keeping money and having the feeling of riches in the head and in hiding.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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!

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.

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.

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.

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.

You are right. I wouldn't even discuss any of my serious financial lifestyle with another person unless it was my family, and even if it were my family, they would only know about everything at the right time. It's not good to spill everything at once; one is supposed to still keep some secrets to themselves and only say them when it's really necessary. Even the people you say you are in business with should not know everything. Some people are very envious at times, and you cannot tell who is not really happy with your success; they may pretend as if they like you.

Yep, that works just fine as long as you will keep your circle small with people who does have the same goal and version so that some unintended words will not leave your area because why would they pit you into some dangerous if they are also busy achieving their goals in life, right? It makes more sense to keep it that way rather than taking about your lifestyle to some strangers or even people that you know but is not that close with you, you know keep them guessing but don't share some information about you that could put you at risks.

The affected person had got his lesson already. He will never repeat this mistake in his lifetime.

You're right on this but I think this isn't a big deal anyone as everyone is already expected to hold their possessions at heart and not sharing it with strangers not even family.
Alot has happened in the world and cryptocurrency industry at large and people ought to learn how to safeguard  and secure their hodlings no matter how little it might be.
The bitcoin industry  is already a very risky one from the volatile  nature of it to the criminal  and scam attacks on it and for no reason should one expose their holdings expect on exceptional cases.

In my opinion telling someone others and your love ones about the bitcoin is an idea full of benefits because in this way they will be easily get profit and if you help them in their harsh condition they will surely help you whenever you need it. Spreading should not be stopped but spreading secure data should be stopped because the society is unable to predict and their habits are hidden so try to spread that information which is beneficial for him but should not be harm for you.

It is counterproductive to talk about the amount of money we get and where it comes from. We must be very careful with the people around us because we do not know if they are coming or are planning something to harm us knowing that we are financially well off. For this and many other reasons, I don't see the point in disclosing or showing off what we have, the more anonymous one remains, the safer.

The matter what death is inevitable there is possibility that people were envy about the guy. In life whatever you do people will hate you. I don't believe it because of the given trading information to friends or customers but because enviness for his appearance and his social lifestyle would make the enemy to strike him to death.

But keeping quiet with you Wealth assets is good because really it will save you from untimely dead and unnecessary attacked by the opposition. There are sometimes that your best friend is the one launched those attacks because enviness. But in the revise part it is good people know your sources of income because if not they use names to tag you and say blood money or he has join cult or did ritual to get money. And with that people will afraid to come close to you.

Maybe he talked about his money while drunk.
I know people who are very careful to hide their fortune that they have made in the crypto world. Many people hide a lot of money even from close people. It is not known how a person will behave when he finds out that you are rich. Even the closest person can betray
You have always remember that what you do not say - others will not be able to use against you. How many people have lost their money because of the desire to brag

Interesting story, it'll be useful. Thank you

Is not a good idea to talk or showcase our bitcoin wallet or anything that indicates bitcoin which belongs to us to friends mostly strangers because hundred's of people want the same thing on the Wallet we are holding, I am kinda sorry for the victim but it will sound as a little warning to the victim and others too, if we want to tell or show our bitcoin wallet to some one that should be our parents/family not people out side, although is really tempting to announce to others about bitcoin mostly when we got profits from it.
Bitcoin is not something people will keep to our self's but we should also know the types of persons we should tell.

It's better to be safe than sorry. I think if we're going to be vocal with our Bitcoin holdings, it's better to use some safe and counter words as if we're no longer have it.

Like, "Yeah, it was a good investment until I've sold and made a profit from it and then I've spent all of my profit for my needs and entertainment."

And from there, you'll stop that you'll put it on their minds that you will still plan to buy it but you don't know when. I know there are friends of us that we can trust but most of them can't. So, if you're gonna be talkative and overwhelmed talking about your assets, always make sure to use safe words and make them believe that you're once into it but not anymore today.

Besides the threats to security that comes with letting other people know you have a wad of money under bitcoin, you are also risking yourself from getting screwed over by your spouse or girlfriends if things went south and you guys get divorced. I read a story just a few weeks ago bout some guy losing out on his investments because his wife found out somehow that he has bitcoin investments, and even though he didn't really tell the wife of anything about it, he was caught thanks to financial statements and tax reports that don't make sense.

So yeah, if you want a happy life, keep your bitcoin investments to yourself, you'd save yourself from the peering eyes, and the people who would want to get a piece of your bitcoin pie, as well as legal problems in the future that may or may not arrive.

in this case we have to be able to choose people we can trust, but of course it is very difficult to find good people and right people, but I think the people we can trust are our own parents, because if we tell our assets to people parents, I don't think anything bad will happen because parents certainly can't rob their children's property.

Don't talk about our investments or the bitcoins we hold with untrustworthy people, or don't brag on social media, that's the right thing to do. As for parents or spouses, I think we should share everything with them because we make money for them, not just for ourselves. And sharing our assets with those closest to us is also a way of hedging when we have a problem and can't use that bitcoin. Our relatives will inherit that property, don't let them disappear with us, it's a waste.

Maybe I'll never even tell a friend. But I used to post on social media and attract some of my friends to join. But at that time I regretted that they didn't survive and probably had bad thoughts about the investment I made.  So for now I never tell anyone again. Maybe many people think I am gambling and make me look like the wrong person. But I don't mind, I'm always positive. For now only my wife knows very well that I keep Bitcoin. I have a lot of stories about Bitcoin with my wife. So I don't think it really affects much about the secrets of investing in bitcoin. Many people need to know what Bitcoin really means because it will make them grow bigger.

I think this has happened before and we have been reminded about this.
Bitcoin gave us anonymity to invest or use it, so why not use it that way?
We don't really need to publicizes it, it will only attract attention and might get us into trouble.

I completely agree with you. This story is a harsh reminder that security is of utmost importance in the world of cryptocurrencies. It's very easy to forget how risky it can be to share information about our investments online, especially on forums where we think we're among like-minded people.

It's crucial to remember that when we talk about cryptocurrencies, we're essentially talking about money, and the information we share can fall into the wrong hands. Sadly, this can lead to situations like the one detailed in the article.

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Why do we even need to tell others about our investment?
I mean only few trusted friends and family knows about my investment, I don't think everyone should know about it.
There's no point in sharing it publicly.

Sharing secrets and giving advice to others is completely different. I also tell a few close friends about my investments because we care about each other and can help each other out when someone is in trouble. But to give them investment advice in bitcoin, I never did. I think anything related to money has the potential to lead to an emotional breakdown, so I avoid that altogether. While I believe bitcoin is good for me, it will also be good for them. I just hope that one day they see what I have achieved, they will change their mind about bitcoin and go for it on their own.

i m agree with you completely and to crypto currency safety is most important in the world its intimate this story was remaining strongly and in a online data will shared is not safety is forgettable is so easy specifically single mind have a some forums and we talk crypto currency mainly we talk about money and mainly we shared date will go for any bad person and it will be thinking is most important .   

Only those closest to you should know about your investments, maybe even only your wife / husband, or the closest person, brother or sister, if you have a good relationship. But everything that concerns friends and acquaintances, this should remain a secret, money loves silence.

As for financial advice, I'm of the same position, you shouldn't give anyone any advice, because if they fail, they will blame you. Even if it seems to you that this is very good advice that will surely bring money, refrain from advice. There is no exact algorithm that can enrich everyone, someone will use it correctly and earn money, and someone will understand it in his own way and lose everything.

About my investment and also untrusted people having a bitcoin or don't brag on social media, that's the right thing to do. As for parents or spouses, I think we should share everything with them because we make money for them, not just for ourselves.And that property kept by relatives son can done this and don't forgettable.

If we talk about parents, then not everyone knows how to handle technology, and even more so, not everyone understands what bitcoin is and what to do with it. I'm sure that just a few of the closest people you can confide in and who will keep it a secret are enough. If your parents are relatively young or familiar with cryptocurrencies, then this of course will be a great option, because these are your closest people and they will always take care of your well-being.

I get your point, and you have your own preference, but you can teach them like a tip of knowledge about it. You tell them what it is and what the purpose of this is so that they are just aware. It is not making them dumb, but at least they are aware that you are doing it because other parents, if you are too secretive and find out that you are earning something,  will think you are doing something illegal, and that is where the problem starts. Though on my side, I do inform my parents about it, but only a small amount of information, like that I've been involved with bitcoin, because I want them to be aware of what I'm doing, but again, don't inform all of your relatives and other people just to be safe.

With money, you can't really "just choose" who you trust. Even the ones within your family could turn against you and leave you to dust. Adding up to what you just said, you can't even sometimes trust your parents. In Asian culture, it's a fucking no-no. They'll put the burden to you when it comes to money and good luck having something left in your wallet since they found out that you're holding crypto. Surely they heard already in the news that crypto can make people rich.

In Western culture, I am pretty sure it's different.

Hell no, your parents could even be worse than a random stranger. I am saying this not because I have a toxic family, but from a story from a friend of mine. For spouses, careful of those gold (oops) diggers.

There are a few reasons why it may be important to keep your bitcoin investments secret:

1. Security - Revealing that you have bitcoin could make you a target for hackers, scammers, and thieves. Keeping it secret helps keep your coins secure.

2. Privacy - Bitcoin is meant to provide financial privacy, so revealing your holdings can encroach on that privacy. Some people prefer to keep their financial affairs private.

3. Judgment - Some people may judge you or criticize you for investing in bitcoin. Keeping it secret can help avoid that judgment.

4. Tax obligations - In some cases, declaring your bitcoin holdings to others, like family or friends, could create tax obligations that you otherwise would not have had. Keeping it secret avoids this risk.

5. Volatility - Bitcoin prices are very volatile, so if people know you have bitcoin, they may become obsessed with checking the price constantly and criticizing your decision if the price goes down. Keeping it secret avoids this.

6. Relationships - Revealing major financial decisions to family or friends can sometimes strain relationships, even if well-intentioned. Keeping it secret avoids potential conflicts.

So in summary, there are a number of good reasons why keeping your bitcoin investments secret from others may be valuable - for security, privacy, avoiding judgment or tax obligations, and avoiding potential strain on relationships. Ultimately it comes down to personal preference, but there are definitely advantages to discretion when it comes to cryptocurrency investments.

Hope this helps! Let me know if you have any other questions.

I also have the same opinion, we can keep it a secret from everyone, but it's not necessary for parents. They are the people who gave birth and raised us to be human, what we have today is also their merit. We don't need to advise them to invest but at least share our investment, I even asked them to store the seed phrase for me because they will preserve it better than me. I see many people giving advice, not to share anything with anyone, including our parents. I find them selfish and sad for their parents, who have sacrificed their whole lives to raise them, but they value money more than motherhood.

Hmm quite interesting, I know some more crazy events happened in my local areas, Some of the people pretended to be Legal officers and they got the information about some Crypto investors and they tracked their activity for some days then they raid on their houses same like Bollywood movies haha but it really happened they Stole their funds by raiding on their homes and said your funds are in government custody and many cases like this reported unofficially on social media.

Why all this happened there were some rumors that the Pakistani Government will take strict action against the people who are involved in BTC or crypto by any means. The best part after a few days whole press release and the media was reporting crypto is banned but that was a piece of wrong news because the actual news was some state bank officials proposed the idea to Ban crypto and the matter was under discussion but the media reported it like that Bitcoin is dead haha. Fortunately, things are chill now and very not officially banned.

The issue of keeping Bitcoin investment secret from others comes only when someone invests a huge amount in Bitcoin.  Because no authorization is required to transfer Bitcoin from one's wallet, if a person invests a huge amount in Bitcoin and tells everyone about it, it can be a threat to his life.  Because there have been many cases where someone has been kidnapped and transferred bitcoins from their wallet and many have gone missing.  So I think it is very logical to keep the matter of investing in Bitcoin a secret.

Whether it's a small amount of Bitcoin investment you've got or a huge amount you've invested, the best practice is to keep our investments secret. If one cannot learn to keep their mouth shut over a small investment, it's not a huge amount that can keep them shutup; if they invest a huge amount, they will even be glad to brag around telling people they have a huge chunk of Bitcoin. But well, anyone who does not keep their investment private should also be able to bear the risk that comes along with it. Bitcoin is decentralized, and when trading on Bitcoin, we should learn how to keep ourselves anonymous unless we are only sharing such information with our wife or children. We have Satoshi to learn from on how to keep our investments secret and stay anonymous.

As much as you love your life, should you also love your Bitcoins, shouldn't you?
When we used to talk in early days that we should tell people about BTC, at that time the value of BTC wasn't worth too much. Even a $1000 BTC would have been to people like "this is scam, and will fall any day soon". But, when the days came when BTC, for the very first time, touched 10k, it brought too much awareness about it amongst media and media started representing crypto in their own way, as the saying goes, "too many cooks spoil the broth". However, then people started realising that this is something and that this does have some value (not talking about intrinsic value) and then, they started keeping BTCs more as a secret rather than bashing out in front of their relatives, friends or anybody else that they have crypto in their portfolio. There was fear, not just for getting robbed by people in their own area or anywhere else, but by the governments too because back then, the stance of governments on crypto was very strict and it wasn't good at all. However, things changed later and now, you only keep it a secret from every other person you see or meet in your life because you do have a fear of getting all your life savings being fucked up the moment someone takes access to your wallet and boom, it's gone (for some people, even buying 1 whole BTC from their complete savings and holding it forever is all they want)

Bitcoin investment should always be kept secret because here you can't sue it if any unforeseen event happens. And in today's civilized society there are many bad people who can be friendly to you and put you in danger. So to keep yourself safe always stay away from sharing anything you have with others. I do not disclose my investment to anyone other than myself. Because I know there are many bad people around me who can do me a lot of harm if they get the chance. That's why I always stay away from sharing my personal stuff with others.

People hate someone's life if they will see you growing and improving. Maybe not all but in my country, their crab mentality really exists and yeah,  they will ruin you and destroy you once seeing you improved. It is better to have all of our investments kept secret so no bitter people around you have a plan with that and even our family members could have an evil plan with that.

Of course, we can certainly talk about Bitcoin but never mention how much you invested in it as it will gain more interest, and wonder how this person can take that.

To make your investment information in Bitcoin, your capital, your wallet's addresses .. etc. and all of these are secret, will help preserve your privacy and make you not be tracked or targeted by a scammer or hacker, and so on, to be anonymous in the field of cryptocurrencies and to keep your investments confidential and not to publicly publish information related to your trading profits or information about you or with the platforms and wallets that you use, it is among the good things that preserve your privacy and your security in this arena crowded with evil souls. Blockchain technology is basically created for this matter to preserve privacy and preserve your identity if you are a Bitcoin holder, so it is wrong to do the opposite of this precious feature, and blind trust is also what makes you talk and confess to people you know or do not know about your private investment matters. This trust, if you do not get rid of it, will turn against you.

this is how our identity must be protected, especially regarding btc, because crime will overshadow us at any time.
in my country the value of btc is fantastic, so if someone has btc, they are convinced that the person's life will not be comfortable, sleep will not be sound, after the identity is known as the owner of btc

Your life will only be put in danger if you keep announcing it to other people or the social media that you are into bitcoin, but if you keep your investment into yourself, then expect that no one will harm you since everyone is blind that you own bitcoin. Even in my country, bitcoin’s value is incomparable, the reason why these bitcoin hodlers prefer not to talk about their bitcoin investment and just stay low key in public so that no one will think that they have valuable assets in their account.

Everyone knows about Bitcoin now. Although most of the people are still not well aware but they know this much that it is a valuable asset. There will be crime as long as the world exists but one should never neglect giving oneself maximum security. Nowadays, criminals now target people who have large amounts of BTC. Because they are now aware that the remuneration that can be obtained from kidnapping or any other work is not possible on any other platform. So those who are thinking of holding bitcoins for large sums of money should try to keep themselves anonymous as much as possible. Remember that even if your portfolio is small today, it will eventually turn into a large asset.

In my general knowledge I think it is wise to keep secret not only bitcoin investment but all such income related information.
Otherwise, vultures will look at your earnings not only from Bitcoin but also from other sectors. And the incident you mentioned above may be happening continuously, some may have come to the media and most of them have remained hidden. Many people do not even get the correct judgment of it.
The reason why I said this is - suppose cryptocurrency is illegal in your country, and you earn a hundred thousand dollars and tell some of your friends about it and go around those friends' areas, then one of those friends must be an impostor friend who hires a kidnapper to come to you for taking the  Funds. And then since crypto currency is illegal in your country then you have nothing else to do. The incident may be called a fake story, it is a true story that has not been in the media, so only a few people know about it?

In our local, there have been people being stabbed and attacked and it's no different from the $5 wrench attack. And that's because people knew that they were holding Bitcoin. So, it's better to remain lowkey and avoid being too talkative especially in public when you don't know the people you're dealing with. You will never know who are the people interested in robbing you and already had a plan to steal or attack you.
That's why I am not sharing it with the public anymore but still, it's kinda hard to avoid that because in social media, people do see what you're commenting on and what you're sharing so, I am being careful there. Sometimes you really have to give it in and remain happy on your own when you're making a profit if ever you do.

Thats crab mentality for you on which it is really that something that very normal for a person not to like up someones success.Although not all would really be something like this but most people does hate
when they do see you that overtaking in terms of finances and other belongings like cars or have a good looking big house on which jealousy would really be always next in line.

This is why never expect that they would really be happy on what you have achieved.Speaking about security from other people specially on strangers then it would really be just that right on having
that privacy because we know that once people would really be knowing that we are holding that much then there's always a tendency that you would really be abducted or would really be forcibly
to get those money from you on whatever means it would be. This would really be putting you up on great danger and this is why its really just that right that you should really be mindful about your safety.

Never ever make yourself get exposed when it comes to your finances and belongings on which it would really be that normal that there's someone who would really be going after you.

It may be an exaggeration to describe our investment and financial lives as “secrets” because in many cases there is no harm in sharing them with those we trust, but it is important to acknowledge that excessive chatter can attract hunters who will seek to get part, if not all, of your profit pie in anyway or another. And here I do not exclude extortion or the threat of harm if your interlocutor knows that you are keeping a secret that can cause you trouble, especially for those who live in countries whose legal legislation does not support crypto. This also applies not only to investments in Bitcoin, but to all types of investments in general.

These days people want things to be taken pride. Even for that reason they completely reveal everything without having anything as secret. Nowadays social media main purpose is to inform to the World what you're doing. When you plan for a trip enroute to so and so location. This gives the thief, that there is no one available in the house and makes use of the opportunity.

The incident mentioned in the opening post have got the similar connect. We should share the information, which can trigger the person to learn and use it in the future. Here everything have gone upside down, so we should have the mind to know about the person better before sharing information. If you find him/her different just give hints and never expose yourself.

no one can guarantee our security in investing other than ourselves. we must be able to set boundaries for what we convey regarding our crypto activities to other people even if it is our own family.
even though someone is still our family but we also have to understand how that person's attitude and behavior. There have been many cases of how a family deceived their own family.
please keep all our information private and never be too arrogant to tell about our success even to the point of sharing our personal information.

We can't change those people until they realize that it's a wrong thing to do to flex everything they've got and even their secrets. That's a very wrong thing to do and you might put yourself into harm by doing so.

Much better to keep distance to anyone that you don't know. Do not share things that will be against you if ever some circumstance have come.

It is okay to share for the things that you know but if it's about finances and investments, you better be careful with whom you're talking with.

I don't thinking we're all safe or 100% secured when it comes to keeping our Bitcoin related activities, one way or the other it can get out. I really don't know but what if someone with a huge Bitcoin assets dies, no one has any information about his/her investment not even the key to the wallet. Is everything going to die off like the owner?
To me I just feel is best to take that risk of telling someone you trust or believe wouldn't let you down, because is a 50/50 thing, letting your secret out is a risk and not telling anybody is a risk too. So which is best?

Its truly unfortunate that we live in a world where people can't genuinely appreciate the success of others. But I have to ask, isnt it a universal issue, rather than specific to your country?

When it comes to Bitcoin investments, I completely agree. Bitcoin's potential is unquestionable, but flaunting it is not a smart move. Its always best to play your cards close to your chest! Can you imagine what might happen if people knew about your substantial bitcoin holdings?

Regarding family members and their potential "evil plans", it does sound extreme, but perhaps its better to be safe than sorry. A prudent approach towards financial security doesnt hurt. Remember, the world of Bitcoin is promising, yet fraught with uncertainties!

For me this is a very important thing because bitcoin is a very valuable asset and many people who already know the advantages, if our assets are already a lot, of course the risk will be even greater and must always be careful not to be known to others, because not everyone will be happy with the assets we have, especially bitcoin which is very high in value, And some of them must have bad intentions to get the bitcoins we have, so to find safe it is better to keep the bitcoin assets we have.

Personally, I believe that you always have to approach people with limited trust. Not only if we are talking about investing in cryptocurrencies, although it is true that the world of cryptocurrencies is specific and in this case you need to be especially careful. I consider the case described in the article cited by the OP to be extreme, but it certainly gives food for thought. Nowadays, dominated by social media, it is increasingly difficult to take care of your privacy, and unreasonable dissemination of too much information can bring us trouble.

If I draw conclusions, the point is not to exaggerate all things related to any media assets, because when someone starts to be successful with their work within a certain period of time, they may be hated by those closest to them. And if he still fails at his job, he might be overly insulted by those closest to him, so I concluded not to share any results in any media. So that we don't get insults and hatred from anyone, in essence, we have to keep whatever we have through our work so far.

Of course, especially in forums like this, it's always better not to give any personal information to strangers but at the same time let's also try to be real: kidnapping someone is a serious crime, if someone does something like that it's because they know that person has a lot of money, so someone in that position should always be careful. I don't think someone would blindly kidnap the average Joe to steal $2k of BTC.

People can do anything when the greed hits them and thus staying safe on the internet needs a lot of practice and maturity. Dealing with strangers should be done in public places with backup people nearby, or should not be done at all.

Many users of this forum have dealt in public and have got to known each other well. But there will always be bad eggs here and there and you cant depend on your luck to save you everytime.

On the internet, assume nobody to be your friend. Be discreet about your money and you should be safe.

Bitcoin is now well-known to everyone, so many people are interested in investing in Bitcoin, so now almost everyone knows the value of Bitcoin, and because of this, if someone holds a high amount of Bitcoin and tells others about it, it can be attacked at any time. And his bitcoins may be demanded as ransom. Because it is impossible to trace someone's address through Bitcoin transactions and that's why anyone can do Bitcoin transactions anonymously. And for this reason, it is best not to share Bitcoin holdings with others

That is very true, therefore we must be able to share or sort it out to tell anyone, not everyone has the right to know but for those closest to us it is very important to know the amount of assets and even where we store them, let's think positively about things unexpected things that happen in the future or for the motivation of others.
For me it is very important to tell the people closest to me and I even ask for a lot of input or from the investments that I make from them, they are the people closest to me for me to study and decide on good suggestions, because I believe the people closest to me love me so much that they will support and wish the best for me.

I say, quite the case for privacy you're making, I must say! However, isnt it somewhat paradoxical? Bitcoins, inherently public yet...we insist on making them private. The public ledger, the blockchain, is intended for transparency, yet here we are, shying away from it. Food for thought, don't you think?

And...may I offer a bit of skepticism? "Keeping investments secret reduces the risk of becoming a target", you say. But, surely...that's like suggesting we should walk around with blank faces to avoid facial recognition software! A bit extreme, dont you think?

Lastly, a quick point to make...transactions might be recorded on a public ledger, but wallet addresses arent necessarily linked to identities. The goal isnt anonymity, its pseudonymity - that is, operating under a name that isnt your own.

Not only cyber criminial but people around us that has an ill-intention.  We never know whether people around us will change or not once they knew that we have lots of treasure in digital world.  They maybe good to us but we all know how greed can change people.  There are even cases where a member of the family killing their kin just to get the money by themselves.  So it is really important that we keep vigilant and never expose that we are holding that huge amount of Bitcoin or else we might find ourselves in big trouble.

It really depends on the person and their friends, when it comes to friends. Strangers, you're right. I don't know why anyone would flash their crypto holdings to strangers. Pretty irresponsible.


Exactly. Some of us in the community have been advocating quite a lot for a board that will facilitate the education and discussion of security and privacy (https://bitcointalk.org/index.php?topic=5434404.msg61581530#msg61581530). It's imperative to retain these aspects if you want to survive online and offline while trading on the forum, on bitcointalk, or anywhere bitcoin is involved.

There is no doubt in this. Revealing your money to others is a grave mistake and every person whom you feel to be trustworthy can all of a sudden turn their morals against you and rob you. The internet is not the place to trust anybody and in real life your own money is at ever more stake. Hence the more you keep people in the dark the safer it is for you and your assets.

The person in front may have good intentions but they can flip any time in future and there is no way to know this if you are trusting them.

If you keep spreading around the world or you're beside the environment that you are using crypto and you have this kind of account and source of income seems you are saying to the public that hey I'm here with a lot of money and crypto you can see my funds this now makes you more vulnerable in the public. This could serve a different attacks as they can so they can get your funds that's the reason why if you have a bitcoin better to make an investment too at your security. Not all the time you are safe in the internet.

This is exactly why I don't talk about crypto even with my friends. I mean, I trust them, but they might talk about it with someone else, and they will talk about it with someone else and you don't know who can hear it and decide to steal it... I think that you shouldn't talk about not just Bitcoin, but about your money at all with others, unless you have to because of work or if it's your wife or long-time girlfriend.

This applies not only to the BTT form, but to any forums and discords and telegram chats popular in our time.

Also, many people forget that being in public places, for example, in a subway car or bus, when you look at the screen of your mobile phone, check portfolio or when entering a password, the curious eyes of a neighboring passenger can also look into it. You won't even notice it. And remember that in some countries for urban security there are high resolution monitor through which personal can see what is on your smartphone.

I don't tell anyone anything about my money, I drive an old truck and act cheap.

I've been married twice and those are the FIRST ones to screw you...

When I travel I have a great time, live awesome and just smile.

EDIT inspired by the poster below: Family, I had a girlfriend who figured out I had a stash. Suddenly she threw herself on hard times to be "saved". Being I am, I let her crash and burn and moved on.

Sometimes the family could be the one that has more ill-intention that all of the cyber criminals you could find out there just because you have something that could potentially make you rich in the long-term. It's like the usual family toxicity culture around the world especially in Asian countries......like mine. You can never trust anyone that easily even the ones that gave birth to you.

Just join a single Telegram channel that is crypto related and with plenty of members, you would find out plenty of cloud mining scams in your inbox in less than a week. I had moderated some TG chats back in 2020. Even if you don't tell anyone, just because they know that you're part of a crypto community, they'll try to reach out to you and annoy the fuck out of you.

The image I saw in the Op's link was very painful because now that Bitcoin is not legal in our country it has to operate with a lot of secrecy. Otherwise, we are in danger because Bitcoin is a completely confidential matter, so you can't discuss Bitcoin with someone who doesn't know about Bitcoin or whom you don't trust. You may get into trouble. When you trade in Bitcoin you must keep it completely confidential and if Bitcoin was legal in our country we wouldn't be facing this problem.

If you have to hide your hands after buying bitcoin, then don't talk about bitcoin wherever you are. As long as you are in the jurisdiction of any country that prohibit bitcoin, then don't play with fire with it. You shouldn't force yourself to buy bitcoin for any purpose if your country's government doesn't allow you to buy them legally, it's too risky to do.

You can buy and own bitcoin even if your country forbids you from buying them, but if you want to play it safe then don't talk to anyone about bitcoins until your country's government legalizes it. Regarding the privacy of your financial or investment assets, it is clearly your full responsibility.

I think you don't understand the point of the message posted by the OP because the situation was not about Bitcoin not being a legal tender in the country was the reason why you should keep your BTC holding secret if even BTC is legal tender in your country you still need to keep your holding secret so you won't be the target of the physical attack which exactly what happened the person used by the OP as a case study.

It's always important to be cautious when sharing personal information with strangers or friends. This is especially true when it comes to cryptocurrency investments. It's important to keep your personal information private and not give out any information that can help others relate to your identity.

No matter if it is legal or illegal in your country, you shouldn't be announcing it to everyone. This is like saying to everyone by posting on social media that you are withdrawing money from an ATM, which makes you worried, right? After all, when you go to the bank, it will make you worried if someone will try to steal your money. That is why we are quiet about it so that we don't get the attention of the robbers. Always improve our security and be mindful that anyone can rob you, whether friends or family members, because people change hands for the money.

Yo there's already a case here in my country where they always post it to social media their achievements. Then later on their house got robbed. I know it's hard to resist to share it to someone that you are investing or trading in Bitcoin, but it would just worsen your situation even to your relatives. Some would ask you for money or pressure you because they think you're already earning huge amount of money in crypto. That's why other people prefer Bitcoin since it's decentralized where you can control your assets anonymously. So what's the point if you're announcing it to the public right? You might asking for support to others but maybe that's why this kind of forum exist to communicate anonymously.

I think it is very important to keep a secret from others after investing in bitcoin. But if you don't tell others that it is possible to invest in bitcoin, it would be kind of stupid. Because I have many friends who are interested in investing in bitcoin after seeing my investment. If I had kept it a secret from them, they would have been ignorant about Bitcoin. Everyone has some idea about Bitcoin. If you hold a large amount of Bitcoin, you must be careful of others. This is because greed drives people to anything.  will force you to do bad things. If someone else finds out that you have bitcoins, you will definitely have people behind you to mislead you in various ways about how to take it from you. You can let others know about bitcoins but of course your bitcoin holdings are secret must keep.

There's nothing hard to resist there buddy either people prioritize their life and their crypto investment or prioritize the attention they are trying to get by showcasing their crypto portfolio because there's nothing to benefit or prove from it than endanger their life.
Knowledge is the power they say, if the people that do these things understand the consequence they won't have to do it.


Yes, Bitcoin is a decentralized coin but it is never an anonymous asset.

If it is not legal in your country, do not use it.

You may want to move out of the country if it is very important or you make your living based on it.

Where it is not necessary to reveal your secrets, you should never do it. Secrets are called secrets because you are meant to keep them a secret. When you are not successful, the number of your friends will increase, and when you are successful, the number of your enemy will increase. If you are involved with crypto, make sure only those who are close to you know about it. In today's world, we cannot trust anyone. This is why we are always advised to keep our privacy safe. And this news totally proves why that is true.

Be safe and keep your privacy safe. There are people everywhere who are willing to harm you. You may not know them now. But when the time will come, you will see them for sure.

Of course it's important. Only people who are close to me know that I'm investing in crypto, but no one knows how much I keep there, even my parents and GF. And I don't think they'll ever know.

In addition your assets are best know to you for the main time before you become a victim of thefts  and hackers. as stated because in anyway they find out of your assets that is the day you become a target. In many cases privacy is a very good option. Majority of people have falling victim. And privacy is even the key thing behind bitcoin your exposure can cost you a lot. I just love the design of bitcoin especially the public ledger that gives access to transactions but hide the identity of ownership. And maintaining anomity can also safe you from billing from other people. Once they know you have money they will start disturbing you.



 

People can even rob you of your assets, and will try to get more information out of you. I can remember something happened to one of my friend when he was neatly robbed just because of is expose to people. So someone just have to be careful with people we role with  not everyone is your friend.  Information is power so we should limit the kind of information we share. People we put eye on you when they know you have money. Plenty of cases of killing just because of taking over the person property. We should please all becareful of what we do.

Not only crypto, you shouldn’t be talking about any of your investments under any circumstances. Don’t tell your friends, family members, your boss, coworkers about it. They don’t need to know your finances. If you make money they will get jealous. If you lose money, they will be happy. Either way they will find a way to make you unhappy. So why do it? Keep it to yourself. You’ll be doing yourself a favor not telling them trust me. Sometimes you might even get robbed because the word is out: “This guy is filthy rich!” There is no way this can bring any good on you. The more attention you gather on yourself, the worse it will be.

Actually, there is no problem with you boasting that you are a Bitcoin investor, but you have to be careful with your surroundings, the proof is that Michael Saylor, the Winklevoss twins, Jack Dorsey are all safe even though the whole world knows that they have a lot of Bitcoin

so, education about crypto is something that governments all over the world have to encourage, many people think that people don't want bitcoin, and many think that it's okay to brag about it to the public when buying bitcoin. As long as you can't maintain the security around you, don't ever tell them that you are a Bitcoin investor, even if it's a small amount.

You can imagine. How will this be traced if the owner of the bitcoin wallet decides to find out the identity of the robber that stole his bitcoin forcefully? I can imagine the agony the owner of the bitcoin will be passing through because of his show-off act to impress his or her online friends.

Sometimes as humans, we decide to learn things the difficult way. By the time we achieve that, it will be evident to us that there are activities that are pointless to carry out to demonstrate to our friends that we have achieved financial success

This is a huge lesson for everyone to remember because not all of our friends will wish us well if we brag about our accomplishments to them.

In my opinion, what you say is not appropriate or relevant, because you suggest being careful but instead you allow us to brag about our investments. I don't really agree with your opinion, if we have the intention to boast that we are Bitcoin investors, in my opinion it is the same as not having an alert and careful attitude because an arrogant attitude could trigger other people to hate and do bad things to us.
Someone who is careful and alert will certainly never be arrogant and create opportunities to provoke the emotions of other people who are jealous of us to harm ourselves. A careful person will not underestimate anything that does not need to be said or done, such as bragging about the investments they have.
We cannot judge with the naked eye other people's intentions towards us, maybe some of the people you use as examples are still safe, but that cannot guarantee that we will be safe if we follow what they do, right?

I completely agree with this, because we must be truly aware of the limits of our abilities and knowledge regarding maintaining the security of our investments. There have been many examples of carelessness when someone or a company that has better knowledge and ability than us to maintain the security of their assets, however they can still experience hacking and theft of their crypto assets.

most times its better to hide your wealth, also the kind of people you keep matters a lot. for your own safety, you should try to keep most of your investment to yourself. this doesn't mean you shouldn't tell your friends/family about bitcoin or cryptocurrencies at large but your investment is personal to you so its up to you keep or talk about it. the main issue is that you might know what your friends or even people trust can do once they find out you have so much money so to be on a safe side its better to moderate how you talk about it or flaunt it.

I agree but I make an exception to my immediate family but not with close relatives. Unless they ask about it and eager to hear about you, it's your decision to tell them a bit of your story or better just keep it as a secret.

Whilst jealousy is a real deal not just with your family, relatives and friends. If you're keeping it from them then you shouldn't also tell it to random people or strangers.

Exactly, also might asked for a personal loan but about all of that is you're right about being attacked by a $5 wrench.

Yes, one should hide from all relatives as they can share with anybody. But , at least tell two trusted persons about all investments so as they can take care of these in case something happens to you.