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Author Topic: How's your bitcoin lifestyle?  (Read 372 times)
Lida93 (OP)
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March 15, 2023, 02:47:39 PM
 #1

I was watching a TV programme in one of our local TV channels, it was an interview section/discussion with a certain popular musician as a guest in the studio, soon afterward as the discussion was going on the presenter asked him a particular question to which I found very interesting and absorbing. The question goes like this: "How do you maintain your private life in the view of public eyes".
So I decided to ponder on this myself and also to  bring same to the forum for forum users to share their thoughts on this, as a bitcoiner, a bitcoin trader or investor how do you maintain your bitcoin life in the view of public eyes?
As for me; I keep mine on a low cause personally am someone that love to keep a very small circle  and so I do my things my way not to attract public eyes. I don't post about being a bitcoiner on social media like facebook, Instagram, and rarely talk about it in any gathering except in demanding situation's.  I like it when people have no clue about what I do rather assume things about me than being certain especially not about my financial life which is supposed to be strictly private for me.

According to Socrates, "The unexamined life is not worth living", so can you take a minute to examine your bitcoin lifestyle in in terms of public view and share with us if you're the private life kind of person or you prefer the public lifestyle of letting almost everyone know you're into bitcoin.

Mind you, this is only intended for a discussion purpose.

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March 15, 2023, 03:14:05 PM
 #2

By keeping as much of a low profile as I can. People knowing you're wealthy is mostly a disadvantage than an advantage. Sure, people respect you a lot more when they know you're well-off, but the disadvantages heavily outweighs the advantages. This is regardless if you're holding cryptocurrencies or not.

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March 15, 2023, 03:20:39 PM
 #3

Keeping your bitcoin activities off the public space is less of a lifestyle choice and more of a security choice. A $5 wrench attack can happen to anyone at any point in time, so can a targeted scam attempt. To protect oneself from this, maintain a private outlook when it comes to bitcoin holdings or any investments at all.

Sure, people respect you a lot more when they know you're well-off,
Seems like sycophancy to me.

- Jay -

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March 15, 2023, 03:21:15 PM
 #4

By keeping as much of a low profile as I can. People knowing you're wealthy is mostly a disadvantage than an advantage.

Wise decision.

What is a bitcoin lifestile anyway, I have a few thousand sats does that make my life a bitcoin lifestyle?
Once I get into the 100k range I'll swap it into litecoin.  

Seems like sycophancy to me.

Another word for inferior complex?

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March 15, 2023, 04:59:34 PM
 #5

The life of a crypto enthusiast does not outwardly differ from the life of an ordinary person. You will not notice that he is engaged in cryptocurrencies. And only a complete fool will tell everyone right and left that he knows how to buy bitcoins on the stock exchange, bragging about it. To tell how much he earned. Do not confuse it with those good people who dedicate others to cryptocurrencies. The difference is that someone brags, and someone wants to teach others.

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March 15, 2023, 05:07:22 PM
 #6

Actually no one will ask you about your Bitcoin activities if you didn’t show anything in the public like social media. I’m on crypto for more than 5 years and until now no one knows that I’m trading or I’m involved on Bitcoin because I don’t talk about it to others. I don’t encourage my friends to use Bitcoin since I don’t want to be blame in case they lose money on many shit scam scheme on crypto.

So how’s my Bitcoin lifestyle? So bless in silence. I’m earning without someone asking me on how I get my money.

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March 15, 2023, 05:17:08 PM
 #7

share with us if you're the private life kind of person or you prefer the public lifestyle of letting almost everyone know you're into bitcoin.
I think anyone who uses/owns Bitcoin has as an obligation (to themselves) to keep their Bitcoin holdings private, there is no benefit in letting everyone know that you have a certain amount of Bitcoin in your possession. It is basically a simple rule of thumb, do people go around making it known to everyone how much they have in their bank accounts, or in their safe at home, if they don't, then why should they feel comfortable with a public Bitcoin lifestyle.

Having said that, there is a thread by 1miau on why it's important to avoid telling everyone about your crypto holdings, it is a very good read for crypto enthusiasts who are still unsure of whether to shut their mouths about their crypto holdings or not.
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March 15, 2023, 06:31:19 PM
 #8

We live a society or an era where people show off when new technology suffices. It is just like getting the latest iPhone and holding it off for people to see. People brag about cryptocurrency so that the less knowledgeable ones will either respect them on hold them in high regards. That’s why you see cryptocurrency chats on people’s social media handles. I see this as a great danger because from my place once you are found to be involved in cryptocurrency people tend to think you are getting lots of money from it and they will also learn. With this mindset of getting rich people come into the space investing way more than they could lose and you hear stories of how people naivety made them broke. Personal it is better to be on a low key since bitcoin hasn’t been globally approved by the government.

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March 15, 2023, 09:05:27 PM
 #9

Private lifestyle always serves best these days where inflation has risen and others try to take advantage of those who show they have enough. Where it is worse is the fact that you may not know the extent to which that friend who seem interested in your affairs of finance knows or is hiding.
Bitcoin lifestyle should be dealt same way. After all, ones lifestyle is reflected by how they spend thier income. If the source of earning your Bitcoin is not legit, or it serves as passive income till you figure out things or you haven't quite figured out the earning part that suits you and you can benefit from fully, why showoff?
Until you get to the point or position where you feel comfortable to open up, please do so without fidgeting or stuttering or trying too hard to show everyone you have more money.
I really don't make noise or act lavish with the little knowledge I have about Bitcoin, because I am still learning and would love to have gotten to a master merchant stage before even spending my profits accumulated.

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March 15, 2023, 09:24:59 PM
 #10

I will keep the privacy of a bitcoiner because I also don't want my lifestyle to look more luxurious just because bitcoin is always a lot of questions in the public.

Because I still work in an office and also do business, some people never think of me as a bitcoiner or they don't know how much bitcoin they have, about this I will always be closed unless the closest person knows about it, for that style, don't be too glamorous because I'm happier with a normal lifestyle and not overdoing it just because earning for bitcoins is definitely going to invite more controversy.

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March 15, 2023, 09:27:12 PM
 #11

The topic of Bitcoin gets mixed reactions in my circles because Bitcoin is usually associated with scammers especially if you are on these social media platforms like telegram or Facebook you know how annoying people will always drop Dams or comments related to Bitcoin investment etc which even Facebook seems not to have under control but like everyone has pointed out, Bitcoin is really a private lifestyle tbh...my Bitcoin my business it ends at that, but I must say Bitcoin has gained some ground and more people silently talk about it especially that once in a while it makes some news headlines.

R


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March 15, 2023, 10:07:23 PM
 #12

What I try to do constantly is trying to minimize the level of the awareness I create in the mind of other people,  because the advantage of popularity can't be compared to the price of peace's low standard but with high.

But then its feels really good knowing that we have an alternative that is free from interference from third party

R


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March 15, 2023, 10:35:55 PM
 #13

Still good since continuously earning some good cash while staying at home participating on many activities on any platform by using it. But on public eyes? I remain low key and as possible as I can I never tell anyone I'm into cryptocurrency because don't want to get mix impression about what I am doing and also I don't want to get disturb by people asking some loan if they know I have money nor ask about many things about it. Better stay low key than stress from those people only good when they can get something in return.

R


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LLBIT|
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kamvreto
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March 15, 2023, 10:46:38 PM
 #14

Asking about someone's bitcoin lifestyle will certainly make a lot of difference. Since I got to know bitcoin and have lived my life side by side with bitcoin, financially all my needs have been met and I have several Bitcoin savings and other assets. Since bitcoin was not very popular until now I have been consistent in continuing to collect bitcoins. Maybe 2018 will be my first peak of success because the price of bitcoin at that time rose drastically and gave me a lot of profit. I remain a private person with my bitcoin work, and don't flaunt what I have too much, because that would also be dangerous.

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Oceat
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March 15, 2023, 10:56:15 PM
 #15

By keeping as much of a low profile as I can. People knowing you're wealthy is mostly a disadvantage than an advantage. Sure, people respect you a lot more when they know you're well-off, but the disadvantages heavily outweighs the advantages. This is regardless if you're holding cryptocurrencies or not.
This is true.

There are people who will always envy what you have to the point that they are making different stories about you because of what you are doing but they never know what you are doing. If you tell them what you do too especially cryptocurrency you might get in trouble if people know you are holding one. So, I like it to be off the grid from these people since no matter what you say to them they wouldn't understand for sure.

Enjoy your life without having no one to know you are enjoying, it means you don't have to tell them your are celebrating your small success. Just enjoy with the companion you have who are trustworthy and your life will be in peace.

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March 15, 2023, 11:07:07 PM
 #16

By keeping as much of a low profile as I can. People knowing you're wealthy is mostly a disadvantage than an advantage. Sure, people respect you a lot more when they know you're well-off, but the disadvantages heavily outweighs the advantages. This is regardless if you're holding cryptocurrencies or not.

By keeping it simple and humble, you actually put yourself in a more secured and relatively safer environment, compared if you flaunt your riches on social media. With the rampant of crimes nowadays, you may be considered as a target for malicious and cyber hacking attempts in the event that they discover your riches in the cryptocurrency world.

Personally, I do not share any much information that I know. In addition, I also do not share to anyone that I do not trust the methods that I currently employ in earning BTC as this also has a stigma in our country.

R


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LLBIT
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drwhobox
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March 15, 2023, 11:18:21 PM
 #17

I keep my bitcoin activities private as much as possible. I don't share anything unless someone shows interest in bitcoin. I introduced bitcoin to my family and close friends, who I knew for years.
One of the main reasons is that the government does not allow us to transact with bitcoin or anything related to bitcoin or cryptocurrency. Another reason is I like to keep privacy when it comes to financing.
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March 17, 2023, 07:26:29 AM
 #18

Keeping your lifestyle as bitcoiner depends on your own self,
Firstly, the question is, outside been a bitcoiner, do you keep your normal lifestyle or other activities concerning you private or do you keep them public, sincerely a person that lives a private life won't even have issues to keep his Bitcoin lifestyle private, same goes to someone that has a public lifestyle, he would always want to expose Bitcoin and let people know about it,

But to me I will keep my Bitcoin lifestyle private,it will be my personal thing, let's just be realistic we live in a world where we don't even know who loves us and who hates us, we don't know real friends and real enemies anymore, so placing the little source of income as (bitcoiner) in public is at your own risk, some persons with hatred can do anything stop you, some can even tag you a bitcoin scammer and even report you to the police or maybe Efcc.
So to me I would advice every bitcoiner to keep his Bitcoin lifestyle and activities Private, it's safer that way..

Exposing Bitcoin to people would bring a lot of advices, both good and bad, discouragements, I even remembered when I wanted to register for Bitcointalk, I told a friend about it, there was nothing he didn't say to me that day, as Bitcointalk is filled with scammers, members are not straight forward, as Bitcointalk is so difficult to access, but on a long run I refused to be discouraged, I still got registered, start learning and posting and now I'm here...

I don't post my Bitcoin activities on any social media platforms and have not even thought of doing so, I'm just on a low, so low

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Mr.suevie
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March 17, 2023, 07:48:12 AM
 #19

For me I think its solely depends on the individual way  of living his life. Staying on a low key is actually the best way anyone who is into a bitcoin investment is preferred to live. But for myself I don't think I can keep it or live my life as a bitcoiner a secret especially when am benefitting massively from this great invention, personal I like to share my success stories with individuals that are closed to me that are not doing too fine. I feel its good to guide people into crypto vividly explaining the up and down thats involved in it but some people do this through their glamorous way of living and this causing lots of attention as many people would be wanting to know your source of income.

R


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LLBITCRYPTO
FUTURES
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][
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March 17, 2023, 10:38:23 AM
 #20

I am not sure if up to five people outside my siblings know that I have anything to do with bitcoin, I believe showing off my bitcoin to the public will definitely attract some attention that I never wanted and that could even put my life in danger because you never can tell who is listening and what type of thought might be going through their mind.
Remember not everyone will be happy with your success, even your most trusted friend might later turn out to be your greatest enemy just because you're doing well then them and that's something that jealousy can cause.

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