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Author Topic: How's your bitcoin lifestyle?  (Read 259 times)
btc_angela
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March 17, 2023, 10:53:41 AM
 #21

I don't think there's much of a lifestyle when you are in Bitcoin.

On the other hand, it might be boring though, I mean you constantly need to be in front of the computer if you are trader. If you have other day job, then it's going to be exhausting if after work you have to check your investments. So it's not a lifestyle for me, and as what others says, don't flaunt it, keep a low profile. If you are in bitcoin or crypto in general, then you might take your privacy very seriously.

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March 17, 2023, 12:29:57 PM
 #22

My friends and family are aware that I have been investing in bitcoins for a long time. I cannot mislead them since they have no clue about it, yet I am not empowering them to distribute part of their savings into bitcoin. I should only talk when they ask because I know they might blame me if the price of bitcoin falls. I have kept a low profile up until this day, but it is possible that others in my immediate vicinity have also shared information about my involvement in bitcoin investing. Anyhow, I and my family are living like a normal family.

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_BlackStar
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March 17, 2023, 03:31:24 PM
 #23

My friends and family are aware that I have been investing in bitcoins for a long time. I cannot mislead them since they have no clue about it, yet I am not empowering them to distribute part of their savings into bitcoin. I should only talk when they ask because I know they might blame me if the price of bitcoin falls. I have kept a low profile up until this day, but it is possible that others in my immediate vicinity have also shared information about my involvement in bitcoin investing. Anyhow, I and my family are living like a normal family.
For your safety and your investment assets, you should not talk about the amount of your assets to anyone other than trusted people. I'm sick of some people show off their wealth on social media as if they ignore any security risks to themselves, they forget that protecting their financial privacy is most important when they have money.

I will not and never will my wealth be obliged to get proper privacy even though I use a centralized exchange all along. When they neglect financial security and privacy, it becomes clear to them the risks that lurk.

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March 17, 2023, 06:37:24 PM
 #24

Living a public life (showcasing one's wealth) in one's surroundings or on social media invites a lot of jealousy and hostility from others toward the person. But, when he or she leads a simple life, others will stop thinking negatively of him or her. What I'm trying to convey is that if enough people know where your money comes from, they might try to harm you or stifle your income. Therefore, it is good to live a quiet life. You don't need to struggle with interacting with others just to disclose your bitcoin holdings to them with the intention of letting them know that you have arrived(been rich).

I've witnessed several instances when people have been abused because they flaunt a posh lifestyle in their community and on social media

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March 17, 2023, 07:33:50 PM
 #25

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Just the casual lifestyle. But sometimes I became more active when there are discussions related to bitcoin or other cryptocurrencies. I do not brag anything, just casual exchanges of thoughts about issues, misconceptions, & how Bitcoin can possibly be helpful to our community. Even though I have been here for years, I still don't have great knowledge especially when it comes to the technicalities of bitcoin, that's why I keep low sometimes.

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March 17, 2023, 08:13:31 PM
 #26

I'm certainly not well-off, but I'm generally living a comfortable lifestyle, owning my own car, living on my own in a rented apartment, and being able to afford occasional trips. My close friends know that I'm involved in cryptocurrencies and that I'm earning money through Bitcoin. I haven't gone into too much detail because it's not necessary. It's not the easiest or most comfortable topic to explain.

I'm generally trying to keep a low profile, especially with people with whom I'm not close enough to discuss such topics. I don't have too much money in cryptocurrencies, but they're assisting me on a monthly basis. However, most people who are unfamiliar with cryptocurrencies may tend to perceive you as wealthy, because for most, cryptocurrencies seem exotic, at least here. Thus, I tend not to go into too much detail.

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March 17, 2023, 10:30:24 PM
 #27

So far, this is not where I want to be or what I want to achieve in life, but I know I'll get there eventually. I haven't saved much or invested in bitcoin to the point where I'll have to keep a low profile due to my large earnings or by living a very comfortable but luxurious lifestyle.

I'm already keeping my things private; I don't have to show anyone my earnings, losses, or life setbacks. I come from a place where people can easily take advantage of you, even harm you, if you're seen to be successful. I've known this since I was a child, thanks to my parents, so I don't even try to do that as I know the consequences of my actions if I ever do that.

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March 17, 2023, 10:35:08 PM
 #28

Although there is a very big difference between the life of a celebrity like a musician and a bitcoiner who holds no social status. It is quite a difficult task for celebrities to live a private life. I some times feel for them because even in the mall or eatery or shopping stores you will see people will always want to record a celebrity with or without their consent.
Why so many people like such a lifestyle of always been in the news, some also detest it. I do not like such a life and I do not also present myself to be into Bitcoin unless my Bitcoin friends who know.
This is because in my country you can easily be called a scammer when you make or receive payments with bitcoin.

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Rruchi man
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March 18, 2023, 12:08:03 PM
 #29

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?
I know about bitcoins just as many other people in our society. If I know about bitcoin, it does not mean that my life is suddenly at risk because of this knowledge. Bitcoin is not a top secret program and knowing about bitcoin does not mean that I have plenty bitcoins in my keep or that I am super rich. Someone can know so much about bitcoins and still be living close to the poverty line. Unless one begins to live in a manner that is loud and to show off, only then can one's life be in danger.

In the view of the public eyes I always like to appear like I do not know so much, even though I have an idea of whatever is being discussed.

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March 18, 2023, 12:58:42 PM
 #30

I know about bitcoins just as many other people in our society. If I know about bitcoin, it does not mean that my life is suddenly at risk because of this knowledge.

I think he referred to holding Bitcoins, displaying sudden wealth or not. Or how people go about it.
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March 18, 2023, 01:35:17 PM
 #31

I don't think there's much of a lifestyle when you are in Bitcoin.

On the other hand, it might be boring though, I mean you constantly need to be in front of the computer if you are trader. If you have other day job, then it's going to be exhausting if after work you have to check your investments. So it's not a lifestyle for me, and as what others says, don't flaunt it, keep a low profile. If you are in bitcoin or crypto in general, then you might take your privacy very seriously.

Sometimes it makes me feel bored, having to sit in front of the computer all day is really boring and tasteless. But it makes a profit, gives me a job to care for my family, and I think it's worth it. 
Apart from my relatives, my neighbors don't know I'm investing in bitcoin, all they know is that I work on a computer. I never want them to know about what I do simply because I don't like being compared or being the subject of discussion. You are right, those who invest in bitcoin are for profit, but they are also people who are very concerned about privacy.

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March 18, 2023, 01:49:25 PM
 #32

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.

I think most of the bitcoiners would prefer staying as private as possible. Some might even go to an extent to not comment on this thread too  Grin
Bitcoiners like to stay anonymous which is why they don't socialize much. Talking about myself, I keep my bitcoin life as private as possible.
If someone asks me then I do provide him the knowledge required to get started with bitcoin but otherwise I don't talk about bitcoin to others.
We are actually better off keeping it private because we don't want any unwanted attention.

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March 18, 2023, 02:27:32 PM
 #33

A very interesting question.
Personally, bitcoin is not my lifestyle but an investment in my future, and that's how I look at it.
I always separate work and money from my private life and conversations with friends, because these are personal and confidential matters.
I have personally seen in my life that when you try to discuss financial matters and investments with your friends, or even give them financial advice, it usually ends badly.
Investments can help your lifestyle, but they are not exactly a lifestyle  Grin

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March 18, 2023, 02:28:34 PM
 #34

I myself have never displayed my cryptocurrency activity in public or on personal social media. For me, only my closest family and friends need to know. Because in my country there are still no concrete regulations for crypto activities. But so many other people love to show off their results from NFT, Crypto, stocks etc on social media, The Government tax department is immediately happy to see them showing off. Indirectly it makes it easier for the tax department to record their income.

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March 18, 2023, 06:47:30 PM
 #35

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.
True. Some just do not care at all anyway.
In Facebook, I almost never post what's happening into my current life and in fact I have never even mentioned that I was using cryptocurrency to do some transactions though I do tread around Facebook groups related to crypto sometimes just for funs and not really for something that I would interact with other people anyway since that platform is hella scam pit.

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palle11
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March 18, 2023, 07:54:23 PM
 #36

Keeping a low life with bitcoin is the kind of lifestyle to live and it is possible to do because bitcoin itself has provided that kind of system with anonymous and decentralized operations it has. It guarantees your freedom of secrecy and so no need that we begin to brag ourselves about it because of the danger of possible attack. People usually weighs your financial status with the price of a bitcoin without knowing if what you have is just little fraction of Satoshi, maybe 0.0009btc.

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Hyphen(-)
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March 18, 2023, 08:46:31 PM
 #37

On a normal day, I am the type of person that keeps a personal lifestyle that too has a big connection with Bitcoin life because it is not physical and it can't be seen in you that you are a Bitcoiner or a crypto trader, Therefore, only people that very close to me know about me and know exactly what I do for sustenance because yo be frank, Bitcointalk forum is a place I relied on as far as my sustenance is concerned that is why I keep it on a low to avoid any issues.

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odunybiz
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March 18, 2023, 10:41:19 PM
 #38

I only owe little and I'm highly waiting for the next bullrun to make me smile. How I wish I have more money in my account to buy more for the next bullrun.

Rockson1
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March 21, 2023, 03:27:01 PM
 #39

Anyway the little I understand is that living a life style is about the character of an individual  it depends the type of person,even here in the forum we see people that boost of there investment on bitcoin an even mok low rank members in the forum, to me I don't even have what it takes to invest big for now because of other side expenses I am into so the little I have invested in bitcoin dose not add anything in my life for now,I can see in the forum there are so many high rank members in the forum that have made a lot of money by having a job through campaign,so I don't think investing in bitcoin makes it a life style to me,but believe to invest more to and hold it for a long team so that I can make more profits.
Coin63$
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March 22, 2023, 01:22:00 PM
 #40

It depends a lot on personal character.Because not everyone's mood is the same.But what you said about bitcoin live style is very disturbing to me.Because I bought small dollar amounts of bitcoins which meant I had to sit in front of the computer all the time as I traded.
I took the trade hoping to make a profit that I had to put myself through such a frustrating situation.But those who have more patience can do this task easily.
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