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Author Topic: Do you tell your friends about your crypto achievements?  (Read 613 times)
KotKot20 (OP)
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March 29, 2022, 11:44:53 AM
 #1

Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue
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March 29, 2022, 12:09:26 PM
 #2

Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue

To be honest, I am not comfortable in sharing how much I’ve earned in crypto to my friends no matter if it’s in real-life or in social media. Why would I do that? To prove something to them like a “not to brag, but to inspire” statement?

While I see most of my crypto friends on Facebook are crazy enough in bragging about their crypto earnings every day (like they can’t live a day without bragging so much), I just remained silent and staying low key. In fact, I am technically inactive on Facebook since the beginning of 2022. In other words, I’m just a silent reader.

Coz’ if they keep doing that, one day karma will return to them. They might be targeted by scammers, criminals, etc., later on in stealing their money and other possessions. Not only that, some of the social media friends might reach out to you to borrow them money on a consistent basis.

And yes there is already a case that a woman was bragging about her crypto earnings, and then one day some men declared a holdup to her early morning in the street, assaulting her and get away with her possessions and important stuff.

Back then, all I am sharing is just my travel experiences, news updates and videos about cryptocurrencies, etc., and not how much I’ve earned, etc. If they do ask me one day in private, I’ll just educate them and not showing my exact earnings to them.

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March 29, 2022, 12:13:55 PM
 #3

Do you tell your friends about your crypto earnings and trading strategy?
Only to a few whom I trust.

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue
I do share it but as I've said, only to a few that I really have my trust. It doesn't have to be with everyone that I'm friend with but it's okay to share it with those that are also in the same thing that I do for which, they're also investors and traders. About achievements, they're also sharing as well so I share mine just to keep it up. But if it's those with people whom I just known, I'm not telling them everything.

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March 29, 2022, 12:20:26 PM
 #4

Do you tell your friends about your crypto earnings and trading strategy?
Your friend can believe more in the way you earn if you are actually earning from trading, he would want to know about it from you if your way of living is good and making money from trading. What I know is that you can't tell friends a lot of things about you, a friend can become the person that may be able to look for way to compromise your wallet or trading account. About your strategy, there is no harm if telling your friend about it, but not about how much you earn.

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March 29, 2022, 12:20:36 PM
 #5

The question is why I should tell them? Flexing habit is really bad, you don't get anything when you tell your achievements to your friends. Except you're an influencer and have own referral to earn money, but the risk is your identity and also your family. You need to know, most of relationship ruined because of involved, if you want to have long term relationship, better to stay calm. Only dumb person is wanted to show his earnings to anyone.
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March 29, 2022, 12:29:41 PM
 #6

Stopped speaking about cryptos, including trading with most of my friends. They just follow main stream news and ultimately don't understand cryptos. They were always happy when cryptos "crashed" and speaked about illegal use, tax evasion etc when I said how well things can go... I only speak with a few who know how things work Smiley This way everyone sleeps better  Roll Eyes
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March 29, 2022, 01:04:10 PM
 #7

Do you tell your friends about your crypto earnings and trading strategy?
first of, be careful the people you call friends, secondly it is generally not advisable to talk about your successes (earnings) to people even to the people you call friends all the time, it may breed jealousy which may become dangerous.

But as for trading strategies that worked for you, so far your friends are traders as well and can apply same strategy to make profit, i see no reason why you can't share such with them especially if you call them friends. Sharing your strategy with them will not stop your own from working, also remember that tables change in life, you may decide to hoard your strategy now and maybe later in the short future, your strategy begins to fail.. You may need someone's help to point you in the right direction.



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March 29, 2022, 01:15:08 PM
 #8

Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue

I used to years ago, after 2018 i just lied that i lost it all in crashes and exit scams. I don't know if they believed me but they stopped asking. Only my closest friends are aware what i do and since i am paying taxes from them, basically anyone who really wants to know could see it as taxes are transparent in my country.

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March 29, 2022, 01:18:07 PM
 #9

Do you tell your friends about your crypto earnings and trading strategy?
Nope, unless they bother to ask me. Honestly, I want to keep everything in secret, maybe the closest friend whom I feel can be trusted.

Quote
Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue
That seems an option and of course, your decision. Sometimes we got proud because of our success and wanting to help others and share ideas but keeping it secret give you some security.
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March 29, 2022, 01:36:30 PM
 #10

Nope, not ever. Most of them don't even know I'm into crypto at all.
There's a saying that was told to me a log time ago: "a secret stops being a secret when two people know about it". I follow that phrase to a "T".
Another saying goes: "the worst thing about betrayal is it never comes from an enemy".
Money does funny things, even to good, honest people. I can't risk that.
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March 29, 2022, 01:45:45 PM
 #11

Do you tell your friends about your crypto earnings and trading strategy?

There is something I discovered about crypto earnings. I have closer bonds to my friends that are in crypto than others than are not in crypto. Before I joined crypto, it wasn't that way. My friends being together with me in crypto makes me share my achievements with them and they also do to me. This will not breed envy or hatred. But your friends that are not in crypto, if you tell them your crypto success, they'll either not believe or become so jealous. So I don't tell then.

For trading strategy, it is good to share with your group before the strategy becomes ineffective. No strategy works till infinity.

R


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March 29, 2022, 01:49:52 PM
 #12

Everyone knows the rule "money loves silence" and I try to stick to it. I can not be responsible for my friends actions fully. I dont know what information about me he can spread further. Who know, maybe one day, when I become billionaire, my crypto achievement can become a compromising evidence. Who know what consequences I will face because of my big mouth. I'd better stay silent. Friends would be less jealous Cheesy

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March 29, 2022, 01:51:36 PM
 #13

Do you tell your friends about your crypto earnings and trading strategy?
You should not, for many reasons

If you tell it, you will expose your crypto life to others. The more exposure to people around you, the more risk you will face with. However, it is not the worst. Worst is sharing your trading history, profit, etc. on social media or any messenger applications. It will put you under more risk of hacks, phishing links, etc. Don't do this because prevention is better than cure.

Quote
Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Just for people who are already in crypto market and your very closed friends. Limit the number of people you talk about it, the better.

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March 29, 2022, 02:09:38 PM
Merited by 1miau (2), Charles-Tim (2), _BlackStar (1)
 #14

Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue
It depends, and from your post you seem to be asking if it is good to tell your friends about your trading strategy/how you earn through trading, thus this is what i think: it could actually be cool to share such if your friends just like you are traders themselves who understand the network, there is absolutely nothing wrong in doing that, since you all are traders and can share strategies to help one another earn through trading.

But having said that, if your friends are complete novices that are new to the network, i would rather prefer you say nothing to them in the beginning, they should start from somewhere, do their research and in that process know a thing or two about the network, mind you that why we consider it bad to tell people you're into Bitcoin is cause more often than not, due to lack of knowledge they immediately think you are rich and that could leave you open to attacks, but if such people understand the network then they will know better.

Overall, it is bad to go about telling people you own Bitcoins, but it is not wrong to share trading strategies with your friends that are felllow traders. Check this thread:
why it's important to avoid telling everyone about your crypto holdings

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March 29, 2022, 02:45:33 PM
 #15

No I don't tell my friend about my crypto achievement, I'm from a country where by people go bad on people when they are achieving their goals, trust nobody, when it comes to money people are envious.

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March 29, 2022, 05:19:05 PM
 #16

Reviewing cryptocurrency earnings to friends is not that very good because its not necessary to do so , it can be risky depending on the kind of friends one has,  but I feel crypto earning is to be private to one's seĺf. What is important to share with friends is good ideas, experience about cryptocurrency that can be of help for one to earn better. Not bad to share or tell cryptocurrency experience to friends but if comes to earning  its not important to let it know to people.

R


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March 29, 2022, 06:17:39 PM
 #17

Yes, sharing is only for those who are familiar with cryptocurrency. Those who aren't familiar or not interested in sharing with them are just useless. There isn't much achievement though, but I want to adopt Bitcoin with my nearest friends. So only a few become interested and involved with that. But they become panicked during dump season like me lol. However, I don't force or suggest investing in cryptocurrency. Because I did a mistake some suggested a younger brother. His portfolio become down during the bear and become panic which gave me more panic.

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March 29, 2022, 07:18:15 PM
 #18

Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue
You can't convince yourself that your friends have no ill will towards you when they find out how much money you have in your wallet. You should hide it from them for security reasons, but maybe not for a trading strategy if they like trading too.

You can share your knowledge with your friends about how you profit, what strategies you use and what you prefer to trade because they will never cost you financially. I don't think you should hide it, but maybe not for those who have absolutely no interest in trading.

However, I don't force or suggest investing in cryptocurrency. Because I did a mistake some suggested a younger brother. His portfolio become down during the bear and become panic which gave me more panic.
Lol, sounds a bit funny to someone who already knows how the market works. But that is, sometimes we can also panic because of pressure from the people around us.
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March 29, 2022, 08:34:22 PM
 #19

Do you tell your friends about your crypto earnings and trading strategy?

Sometimes it's hard to keep it to myself, but at the same time, I don't want to share my trading lifehacks.
Do you share with your friends?  Tongue

To be honest, I am not comfortable in sharing how much I’ve earned in crypto to my friends no matter if it’s in real-life or in social media. Why would I do that? To prove something to them like a “not to brag, but to inspire” statement?

While I see most of my crypto friends on Facebook are crazy enough in bragging about their crypto earnings every day (like they can’t live a day without bragging so much), I just remained silent and staying low key. In fact, I am technically inactive on Facebook since the beginning of 2022. In other words, I’m just a silent reader.

Coz’ if they keep doing that, one day karma will return to them. They might be targeted by scammers, criminals, etc., later on in stealing their money and other possessions. Not only that, some of the social media friends might reach out to you to borrow them money on a consistent basis.

And yes there is already a case that a woman was bragging about her crypto earnings, and then one day some men declared a holdup to her early morning in the street, assaulting her and get away with her possessions and important stuff.

Back then, all I am sharing is just my travel experiences, news updates and videos about cryptocurrencies, etc., and not how much I’ve earned, etc. If they do ask me one day in private, I’ll just educate them and not showing my exact earnings to them.
Indeed, that's the best thing to do, to remain private and low key. Sharing your crypto earnings even to your close friends is never a good idea because its inevitable that at the end of the day, someone might get jealous on you and plans something bad like stealing what you have. Sometimes, even closest friends can be your best enemies so you should not trust people easily most especially when it comes to money matters. Greed and jealousy are always there, and people may find it hard to control most of the times.

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March 29, 2022, 08:46:40 PM
 #20

Why would you want to tell your friends about your crypto achievements?
That can be seen as gloating.

Personally I dont tell anyone of my personal affairs, crypto or otherwise.
People generally dont go around telling everyone how much they earn,
how much they have in the bank so why divulge your crypto portfolio?

How many times in the last year have you sen anyone on the forum
post about how much Bitcoin they have? its just not the done thing.

Go about your business privately and be happy and confident in what
you are doing, you dont need confirmation from other people on how
fantastically brilliant your are.


R


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