Going public saying you own Bitcoin is not safe anymore

[Fatunad]

Man, it really doesn't make sense as to why people go and brag about holding crypto currencies despite the situation of the world right now. Even if they did not know that crypto related crimes are increasing, it should be common sense that tells them how stupid it is to flaunt your crypto currency assets when many are trying so hard to get their hands on these assets since some are desperate due to this pandemic. Specially when you own a bag that has a considerably huge value in terms of usd! I hope no one ever follows such bad examples. I'd really hate for it to hapoen to anyone.

Sounds dumb but there are actually people whose like this on where they do really likes to brag their holdings without minding if theyre on public or simply with the crowd.
They would only just realize that things that they've been doing was wrong  when theres something happened to them  which is really always be a main scenario on these kind of cases.You should think off about your safety or security because you dont know on whose behind you and just hearing off on what you are saying.
If they do know that you do have money then automatically that sparks out criminal interest or intent.

[freedomgo]

Man, it really doesn't make sense as to why people go and brag about holding crypto currencies despite the situation of the world right now. Even if they did not know that crypto related crimes are increasing, it should be common sense that tells them how stupid it is to flaunt your crypto currency assets when many are trying so hard to get their hands on these assets since some are desperate due to this pandemic. Specially when you own a bag that has a considerably huge value in terms of usd! I hope no one ever follows such bad examples. I'd really hate for it to hapoen to anyone.

If you come to think of it, even if you are not holding bitcoin, its not still proper to brag what you have because people will only see you boasting around, and that will create negative remarks on you. So how much more if you are publicly saying that you own bitcoin. You are only giving hints for scammers and give them chances to make crime on you. I suggest to keep it private especially that it has higher value than fiat so expect that anyone would be tempt to steal it from you even if we know from the start that it would be very impossible to steal a bitcoin.

[Myleschetty]

It is not just about Bitcoin, there has never been a time that it is good to brag about assets that you own.
As an investor, it is always good to  keep everything you are doing to yourself and not reveal it to your friends or anyone, except people you trust very well.

You totally make sense but there's no reason what so why anyone will brag about having something or money because before he does someone else had it before him. Why the brag.
The topic reminds me of a friend that kills his best friend because he wanted to steal his Bitcoin holding so it, not security advice to publicly say I own Bitcoin either online or offline.

[2double0]

Man, it really doesn't make sense as to why people go and brag about holding crypto currencies despite the situation of the world right now. Even if they did not know that crypto related crimes are increasing, it should be common sense that tells them how stupid it is to flaunt your crypto currency assets when many are trying so hard to get their hands on these assets since some are desperate due to this pandemic. Specially when you own a bag that has a considerably huge value in terms of usd! I hope no one ever follows such bad examples. I'd really hate for it to hapoen to anyone.

Do you know some people who are new to doing new things?
Have you met such persons ever? Then you may realise what excites them to flaunt their holdings of not just crypto, anything they buy or get (to learn) new in their life. Some people have the habits of sharing everything, which is not good for their personal life because they do not like to keep secrets and it turns to be dangerous sometimes for them. Getting a bag full of USD snatched away by thieves is not a mistake of that person as he didn't even tell anyone about it, but the awareness of scammers as they knew that the guy is holding such thing. So sometimes, even if you don't brag about your holdings, scammers try their tactics to find out about you and then they attack you with a plan.

[Kasabus]

It is not just about Bitcoin, there has never been a time that it is good to brag about assets that you own.
As an investor, it is always good to  keep everything you are doing to yourself and not reveal it to your friends or anyone, except people you trust very well.

You totally make sense but there's no reason what so why anyone will brag about having something or money because before he does someone else had it before him. Why the brag.
The topic reminds me of a friend that kills his best friend because he wanted to steal his Bitcoin holding so it, not security advice to publicly say I own Bitcoin either online or offline.

It's definitely not safe for a bitcoin holder to expose his bitcoin holding on the public because that will only result into making a crime. Just imagine how hard today to make a living and there you are, flaunting your expensive asset so expect that anyone will get interested on it and might think of making an action how to hack your own account. Things that are of high value should never be announced in the crowd. That is if you want to live safe and out from troubles. Think first its consequences before doing it.

[nurilham]

it's true that we should be able to protect our crypto assets and not be too exposed because we don't know what someone's mind is like. Although blockchain technology is a safe and protected technology, we still have to be more vigilant and careful. actually not only in the crypto world, but in other businesses we also have to be careful with our wealth because when talking about crime it can happen anytime and anywhere. use the crypto business properly and appropriately because we still need privacy on our own crypto assets.

[Finestream]

it's true that we should be able to protect our crypto assets and not be too exposed because we don't know what someone's mind is like. Although blockchain technology is a safe and protected technology, we still have to be more vigilant and careful. actually not only in the crypto world, but in other businesses we also have to be careful with our wealth because when talking about crime it can happen anytime and anywhere. use the crypto business properly and appropriately because we still need privacy on our own crypto assets.

We should always see to it that we remain private as well as all of our assets as much as possible so other people cannot interfere and will not have any insights on our own personal information. Well, its not bad to brag sometimes assuming that you can somehow inspire other people but when we talk of bitcoin, its better to keep it untold and keep it private just how most of the early traders deal with their bitcoin assets and investments. Better to keep it yourself than lose and that would make you feel so desperate when it happens.

[carlfebz2]

it's true that we should be able to protect our crypto assets and not be too exposed because we don't know what someone's mind is like. Although blockchain technology is a safe and protected technology, we still have to be more vigilant and careful. actually not only in the crypto world, but in other businesses we also have to be careful with our wealth because when talking about crime it can happen anytime and anywhere. use the crypto business properly and appropriately because we still need privacy on our own crypto assets.

We should always see to it that we remain private as well as all of our assets as much as possible so other people cannot interfere and will not have any insights on our own personal information. Well, its not bad to brag sometimes assuming that you can somehow inspire other people but when we talk of bitcoin, its better to keep it untold and keep it private just how most of the early traders deal with their bitcoin assets and investments. Better to keep it yourself than lose and that would make you feel so desperate when it happens.

Just like on my situation on where i do still remain low key but do end up on having lots of questions around my neighbor since i had purchased my own car and house with my crypto earnings.

There are really situations which cant really be avoided even if you dont tend to boast up your holdings but still it could really generate out questions
on people who had known you.

Therefore you should really make yourself prepared on different possible situations might happen.

[arwin100]

it's true that we should be able to protect our crypto assets and not be too exposed because we don't know what someone's mind is like. Although blockchain technology is a safe and protected technology, we still have to be more vigilant and careful. actually not only in the crypto world, but in other businesses we also have to be careful with our wealth because when talking about crime it can happen anytime and anywhere. use the crypto business properly and appropriately because we still need privacy on our own crypto assets.

We should always see to it that we remain private as well as all of our assets as much as possible so other people cannot interfere and will not have any insights on our own personal information. Well, its not bad to brag sometimes assuming that you can somehow inspire other people but when we talk of bitcoin, its better to keep it untold and keep it private just how most of the early traders deal with their bitcoin assets and investments. Better to keep it yourself than lose and that would make you feel so desperate when it happens.

Just like on my situation on where i do still remain low key but do end up on having lots of questions around my neighbor since i had purchased my own car and house with my crypto earnings.

There are really situations which cant really be avoided even if you dont tend to boast up your holdings but still it could really generate out questions
on people who had known you.

Therefore you should really make yourself prepared on different possible situations might happen.

Normal reaction for people since they see that you bought something valuable and they try to ask what is the source of your income since they want to have that to, but one piece of advice maybe you should higher up your job description so that they will not think that you do illegal things online since sometimes we can't deny that there are other people think about your dealing something bad that's why you earn fast money on internet.

[Natalim]

it's true that we should be able to protect our crypto assets and not be too exposed because we don't know what someone's mind is like. Although blockchain technology is a safe and protected technology, we still have to be more vigilant and careful. actually not only in the crypto world, but in other businesses we also have to be careful with our wealth because when talking about crime it can happen anytime and anywhere. use the crypto business properly and appropriately because we still need privacy on our own crypto assets.

We should always see to it that we remain private as well as all of our assets as much as possible so other people cannot interfere and will not have any insights on our own personal information. Well, its not bad to brag sometimes assuming that you can somehow inspire other people but when we talk of bitcoin, its better to keep it untold and keep it private just how most of the early traders deal with their bitcoin assets and investments. Better to keep it yourself than lose and that would make you feel so desperate when it happens.

Just like on my situation on where i do still remain low key but do end up on having lots of questions around my neighbor since i had purchased my own car and house with my crypto earnings.

There are really situations which cant really be avoided even if you dont tend to boast up your holdings but still it could really generate out questions
on people who had known you.

Therefore you should really make yourself prepared on different possible situations might happen.

Normal reaction for people since they see that you bought something valuable and they try to ask what is the source of your income since they want to have that to, but one piece of advice maybe you should higher up your job description so that they will not think that you do illegal things online since sometimes we can't deny that there are other people think about your dealing something bad that's why you earn fast money on internet.

I had a friend too that is the same with your situation so what he did is he indulge in other investments that can be visible by his neighborhood. In this way, though he's been criticized on how he has been making a luxurious life when in fact he has no stable income, at least this time he has other solid bases how he had achieved his present way of living.

There are a lot of assumptions that can be made when you become suddenly rich but as long as you never announced it on public, and you remain to be a low key, that's fine but just be careful all the time as someone might get jealous and want to steal what you have right now.

[Danydee]

As with what happened in the story with the 14 years-old boy,

The danger here, with cryptos, of making yourself known by holding some, is that is just like you holding cash money,, or in more dangerous way; the police can still be able to to recover cash from the malfactors, find it in their possession..
with cryptos, even if there's to be proven they holding it, the malfactors can choose to not give the police the password
Some factors that would give more motivation to raiders to take action ..

[noorman0]

If you mention the nominal or the amount, it may be a trigger for the crime. Or implicitly, you have invested bitcoin (not to mention the nominal) with a full view of luxury, for example while on vacation or wearing branded goods.
I've said that crypto opens up more opportunities for transnational crime. However, I have never heard of a violent crypto criminal case like the OP's case in my country. Only fraud here that happens a lot.

[killerfrost]

Bitcoin is becoming more and more valuable and those with bad intentions will know it too. But looking back on the matter for a moment, what the hell kind of place are we living in. We're scared of the very things we're trying to create, actually looking at things more lightly because a lot of money is always dangerous that's really petty envy. It doesn't change anything when we live in such a society.

[dimox]

Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions.

Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.

That's why I don't like anyone to know I'm in the Crypto business.

in my place, people will ask more about crypto if you tell them that you own lot of bitcoin, some of them will judge by their knowledge, or want to know more, or just pass it.
in some country, you need to hide what you doing because they will make eye on you, like you are the gold, for them. and crime increase because some people show about what they have

[gabbie2010]

Most of the crypto enthusiastic that publicly displayed their wealth is probably due to youthful exuberance, a matured and reserve crypto hodlers wouldn't exhibit such a irresponsible behavior just like the referenced 14 years old kidnapped boy in England, personally I am in to cryptocurrencies but I never expose myself publicly except to some few close confidants who I had earlier introduced bitcoin to but ignored my advice, earning or hodling bitcoin ought to be anonymously and whatever profits earned should be invested in another business without any noise and unnecessary displaying of wealth to be on the safer side.

[deadmousehat]

Although bitcoin has high security, if published, we can become targets for bad people. Social media is very dangerous because there are many people we don't know that they are good people or bad people. I feel lucky because I'm not someone who likes to share things on social media.

[Hippocrypto]

Although bitcoin has high security, if published, we can become targets for bad people. Social media is very dangerous because there are many people we don't know that they are good people or bad people. I feel lucky because I'm not someone who likes to share things on social media.

Indeed. There's a lot people who are greedy and being happy even they did bad things to those people for the sake of money. It is not safe anymore saying in public that you own a bitcoin since bitcoin is becoming more and more valuable. Money is very needed this time because of pandemic that's why it's too dangerous spreading information to the public especially to those people whom you don't know.

[remotemass]

Hopefully, we will have GPS trackers (that can harvest energy from radiowaves: to perpetuate their autonomy) - smaller than a grain of sugar - inside our bodies, able to send signals to the internet.
We already have them, and we can put them inside pretty much anything that can be stolen: like a piano, a TV, a tablet or a motor-bike. I want to live in a world where everything is being tracked to the clouds at all times, and where everyone's voice and biometric signals (including pupil dilation and Galvanic Skin Response) are being recorded and analyzed.

[isaac_clarke22]

~

Even if you haven't mentioned any amount, it is still somehow going to lead to a crime of any sorts you can imagine just by imagining on how much Bitcoin costs now even less than a whole. When you say that you are holding Bitcoin, people would think that you own more than a dollar obviously.  I don't even tell some of my relatives that I hold Bitcoin, because surely they'll be expecting me to be like a rich moron.

[Cling18]

Displaying or bragging about your assets publicly will only attract criminals. Some things should be kept in private for our own security and safety. Being low-key is the best thing to do so we could get rid of people with bad intentions. It's better to grind in silence than be boastful of our achievements.