How important is it to keep your bitcoin investments secret from others ?

[krishnaverma]

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.

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

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[Games.Bitcoin]

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.

[KaizenJujustsu]

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.

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 

[Botnake]

He asked his friend if he knew anyone in the area — they put him in touch with a trio from Greece and Albania. After partying together for several days, they apparently decided to turn on him.

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.

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.

[Litzki1990]

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.

[gantez]

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.

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.

[Awaklara]

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.

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.

[serjent05]

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.

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.

[Vaculin]

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.

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.

[ancafe]

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.

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.

[Crypt0Gore]

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.

[Assface16678]

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.

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

[Hebri_X]

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[Call_Me_Guru]

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.

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

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.

[TheUltraElite]

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.

[worle1bm]

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.

[Solokan]

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.

[MoonOfLife]

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.

[Gallar]

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.

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.

[yazher]

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.