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Author Topic: Do not let the over excitement after the bull-run pull you out to danger  (Read 897 times)
EluguHcman (OP)
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March 15, 2024, 06:17:41 AM
 #1

Couple of days ago, I read about a thread with a background of how two friends discusses about Investing in Bitcoin but while one was unready with irrelevant excuses to put a realistic action to it, the other one has already anonymously invested and was doing well in his investment.
Later on the unready guy felt regreted on why he never invested. https://bitcointalk.org/index.php?topic=5488722.msg63799458#msg63799458.

This has got me to ask, after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?

I know about some piece of minds that are only patient not to reveal what is ought to be ever secret simply because they have not yet arrived at their exploits.
I know that after this Bull-run, some of investors especially the newly Bitcoin investors would explode in towns like they won lottery after hitting huge amount of values in their Bitcoins investment. But you must remember that not everyone is worth knowing your source nor even your values and hence, your Bitcoin achievement would become a point of jealousy to those who you left behind supposing to be on the same Bitcoin categories with you.

After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise

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March 15, 2024, 11:05:38 AM
 #2

After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise

I remember that same thing happen during the last bull run, a lot of crypto influencers goes to tiktok and flaunt their riches as if they hit the jackpot or lottery and I will say that they are really take arrogant. But for true investors or who has been in the game before, I would say to just stay quiet, no need to brag it in social media or to your friends or cousins or whatever on how much profit you made. That is the sign of humility as well as a individual. So let this be a lesson again, as we are in a bull run already and there could be profit taking already. Just be silence and just thank that you have blessings coming your way and then enjoy whatever profits you make with your families and love ones.

R


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March 15, 2024, 11:10:38 AM
 #3

Couple of days ago, I read about a thread with a background of how two friends discusses about Investing in Bitcoin but while one was unready with irrelevant excuses to put a realistic action to it, the other one has already anonymously invested and was doing well in his investment.
Later on the unready guy felt regreted on why he never invested. https://bitcointalk.org/index.php?topic=5488722.msg63799458#msg63799458.
but the topic also gives me thinking if what if the other guy is just pretending and the fact is they are both hiding reality to themselves?  Grin Grin

All my friends don't know I am into Bitcoin not until couple years ago when one of my closefriend posted His market trading in crypto so we have talked and find out that he had been investor almost the same year I enter this market.

So Indeed Silence is better way to invest here.,safer and no pressure .

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March 15, 2024, 11:28:58 AM
 #4

What makes people go and talk about their successful investments, and then about their capital? I think it's just vanity. In the case of the guy who invested anonymously, if you imagine his next steps, the story about his successful steps can only be explained as a search or proof of his rightness to a friend. He can show by example that you should listen to him. If we are talking about good intentions and not boasting, then I don’t see anything reprehensible.
But more often than not, we see the opposite. Recognition is not enough for people, and they want to show their importance in any way. This is not entirely correct behavior. Modesty always speaks for the better about a person, and if you do not talk about your well-being, you are only protecting your life from unnecessary fuss that may arise around you from envious people.

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March 18, 2024, 05:24:02 PM
 #5

I consider my investments to be private stuff, and I'm the kind of a person who would never share private things with others, no matter how close or far they are, even if they are family members, you are not supposed to share and discuss each and everything with them, that's not what a mature person does.

After a certain point in life, you are supposed to make your decisions yourself and then stand by them, and whether you face success or failure in your ventures, you don't need to share any of it with others to allow them to either be sad with you or laugh at you at your hardest times because not everyone is genuinely a well-wisher even if they show they are one on your face.

So, keep such things to yourself and don't share them with anyone.

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March 18, 2024, 05:41:06 PM
 #6

There are thigs we need to teach ourselves and never expect others to take responsibility for, part of it is the way we behave towards the market seasons, this can be when the markets is dip or when we are on bullrun as the present moment is, we must not be too hasty in making conclusions, we must not be too forward as well as being slow about it all, we must ensure that we are able to make every productivity in what we do an achievable success at the end, we need to rethink before making moves.



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March 18, 2024, 05:43:52 PM
 #7

I don't need to prove anything to anyone about the success of my investments, even to people who underestimate me. Keep your success to yourself, people who don't like you still won't appreciate it so you don't need to prove it to them.

Especially when it comes to money, you need to consider privacy. Not everyone is happy when you are more successful than them with money, so consider that only you and your family know. This is wise advice about money, so think about it carefully before you make a mistake. Once again, keep your success to yourself.

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March 18, 2024, 09:44:47 PM
 #8

are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?
Nope, Bitcoin hodlings should never be public, no matter how eager or tempted you are to brag about it. There have been numerous cases of $5 wrench attacks, and i am pretty sure some of the victims went about making noise that they have made money from Bitcoin and this can cause one to be vulnerable to such attacks.

I don't see why anyone should have a problem keeping their mouth shut about their Bitcoin hodlings, if you have a million dollars in your bank account, are you going to make it public.

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March 18, 2024, 09:57:48 PM
 #9

This has got me to ask, after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?
Nope, I'll keep myself low profile and will never tell anyone outside my family or even most of my family members that I've made such profits through Bitcoin. Actually, I am trying to get broke and that's what keeps me on holding on because it's unlikely that we'll be able to sell at the top when emotions are too high but other than that, you have to take profits when it's necessary and that's what I'll do soon but retaining majority of the slice of my cake in holding BTC. If you're too vocal with your investments and Bitcoin, please be aware about the physical attacks that can happen to you. Here are just examples and few of the many.


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March 18, 2024, 10:41:41 PM
 #10

In this generation of showcasing wealth which many see as the only thing that makes them get recognized as a person of value I still think many will fall victim and showcase their wealth after the bull run. Do you know the people that usually start this trend? They are mostly the so called crypto influencers on social media, you will see them Showing off their portfolio to increase followers which some of them will scam later. The naive Followers too join the trend too so that they can be tag a crypto expert too.

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March 18, 2024, 10:42:49 PM
 #11

Everyone has access to whatever they wanna do they must not depends on someone's opinion to take action and if two friends decided to go invest in bitcoin and later run one of them refuses to invest, to me is matter of choice and decision and even though the one who invest made 10x or above it's plus to him or have you also considered if that price went downside where the investment couldn't even come up to the expected or probably he lost the investment what do you think could have been the reaction of the one who doesn't invest in that time?

I think at this point he might be making gest of him for losing his investment or for not adhering to him because he thought bitcoin could do what he thinks would give him more than spending his money in something more better than bitcoin. Why on earth will someone go announcement out there about their success does this shows maturity or childishness? Of curse is a sign of amateur so why will you go out to tell them don't you know you are indirectly attracting enemies to yourself?

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March 18, 2024, 11:12:09 PM
 #12

Couple of days ago, I read about a thread with a background of how two friends discusses about Investing in Bitcoin but while one was unready with irrelevant excuses to put a realistic action to it, the other one has already anonymously invested and was doing well in his investment.
Later on the unready guy felt regreted on why he never invested. https://bitcointalk.org/index.php?topic=5488722.msg63799458#msg63799458.

This has got me to ask, after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?

snip

After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise
I would never do that, money matters are always a difficult subject to touch but many people do not realize that, as over the years many people I do not know have asked me how much I earn or how much I have saved, and while I am polite to them I do not answer the question at all, in fact I do not even tell people that I invest in bitcoin, as they may get the wrong idea and think of me as a whale, when the reality is that I am just a regular person which invests their spare money in the best asset I have available to me.

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March 19, 2024, 01:50:43 AM
 #13

This has got me to ask, after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?

I don't see any reason for me to do that because at the end of the day, it is my investment and my finances and others don't need to know about them at all. I find this foolish if a person keeps telling everyone about where they have invested money, how much they have invested, and how much profit they have managed to get from their investment, I mean, why do you need to let them know? What do you want them to do about it?
I know that some people do this because they want others to appreciate them and feel that they are having the best life and they are great with finances and stuff but honestly, there is no need for that, and it is better to keep such things private in my opinion.









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March 19, 2024, 03:05:18 AM
Last edit: March 19, 2024, 03:31:40 AM by shinratensei_
 #14

I personally always have this impression human nature is always jealous of other achievement even though there are some people that compassionate but its outlier.
pretty much majority of people out there that hits the jackpot hodling until the very end never disclose their bags to the public.
at best they only show percentage of gain but thats it people that disclose their earning might become target of jealousy and therefore some irresponsible hand might come trying to make their day worse.

I think it has become a personal and rather private matter when talking about investment portfolio for many people nowadays anyway, just asking our investment portfolio right off the bat might come out as a rude behaviour.
but at the end of the day i really like the saying that we should never talk too much about the thing we might trying to achieve, because if we fail we gonna be make fun of by many people.

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March 19, 2024, 10:49:42 AM
 #15

After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise

I remember that same thing happen during the last bull run, a lot of crypto influencers goes to tiktok and flaunt their riches as if they hit the jackpot or lottery and I will say that they are really take arrogant. But for true investors or who has been in the game before, I would say to just stay quiet, no need to brag it in social media or to your friends or cousins or whatever on how much profit you made. That is the sign of humility as well as a individual. So let this be a lesson again, as we are in a bull run already and there could be profit taking already. Just be silence and just thank that you have blessings coming your way and then enjoy whatever profits you make with your families and love ones.
Safety wise then it would really be always best that you should really be making yourself that staying low key on which you wont really be that putting up yourself on such potential risks
because we do know that people around are really just that waiting for some opportunity on abducting someone or whatever similar situations just to get those money. This is why it would really
be better that you should really be that remaining silent on whatever you have been able to earn or profit. Somewhat it cant really be avoided on having that kind of celebration or outburst of emotion
on the time that you do able to gain or earn an amount on which you havent been able to hold for the rest of your life.

This is why you would really be suddenly having those kind of approach or reactions but as much as possible you should really be keeping yourself silent or private.

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March 19, 2024, 01:38:03 PM
 #16

I know that after this Bull-run, some of investors especially the newly Bitcoin investors would explode in towns like they won lottery after hitting huge amount of values in their Bitcoins investment.

Yes. Bitcoin, in conditions like today, is very difficult to move due to high market pressure and of course based on previous experience, this is due to high anticipation of the halving, thus triggering a short-term setback before the next halving occurs, which only lasts for 37 days and after everything returns to normal, exactly as you said. picture above.

After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise

Agree, this is a high moral message for those who are patient with the drama of rising prices after everything returns well from the market frenzy. This is also a trigger that will cause bad things if displayed excessively.

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March 19, 2024, 02:34:35 PM
 #17

after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?
Yeah, these days I fear that further crash could be at play, and that is going to ruin the entire momentum that we have gained so far. I know that it may also not happen, which is what we all hope, but there is a possibility that it could happen as well. We should definitely consider what type of investment we have just at this moment.

If we have a good long term holding in place then even if a correction crash happens and sees us at like 60k or something in a week or two, then we are not at a position to worry, because we can hold until it recovers and goes back above 70+k. However, if we are in a position where we need to take profit but waiting a little higher, then maybe it is time to put a strong stop loss, so we do not get any trouble in the future.

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March 19, 2024, 03:49:00 PM
 #18

I have these set of friends that loves showing off their wealth in public places, when we were in the university, and I also joined them in that act. As time passes on, and we were far from each other, I cut off from them based on far distance, and I later realized that showing off in public is a sign of pride and arrogant, which can attract envious people to plan evil against you.

Since then, I have always being a the low in my financial status and in whatever I am doing to avoid attracting people to myself. I have few closed friends that knows I am into bitcoin, but they don't know how much I have in bitcoin, and I don't always talk about bitcoin to them, because I know that it might lead to them wanting to know about my bitcoin portfolio. I only encouraged them to invest in bitcoin if they feel they are cool with it.

My wife knows I am into bitcoin but I did not tell her how much I have invested in bitcoin, and she would not even know how much profit I will have during the bull run, because I keep everything about my bitcoin investment secret. Staying on a low profile will prevent you from envy, jealousy, kidnap, robbery and sudden death.

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March 19, 2024, 03:55:00 PM
 #19

This has got me to ask, after the bull run and hopefully you hodles your Bitcoin til the ATH and then you have made enough money, are you going to go out there and let those who were in doubt about the profitable potentials of Bitcoin to let them know about your investment in the Bitcoin and how so well you are doing in the industry?

I don't see any reason for me to do that because at the end of the day, it is my investment and my finances and others don't need to know about them at all. I find this foolish if a person keeps telling everyone about where they have invested money, how much they have invested, and how much profit they have managed to get from their investment, I mean, why do you need to let them know? What do you want them to do about it?
I know that some people do this because they want others to appreciate them and feel that they are having the best life and they are great with finances and stuff but honestly, there is no need for that, and it is better to keep such things private in my opinion.

This is true realistically and logically speaking but we have different attitude when it comes to our achievements especially on profit. Some people can’t stop themselves to flaunt their profit just to impress everyone while other people who will see this will have different opinion too because some will praise him and some will be jealous.

In the end, We all have different attitudes and nature on how we deal things. We really have nothing to earn by sharing our profit in terms of financial gain but some people get some sort of accomplishment by letting others knew their profit due to their wise investment. It’s up to the reader on how they will react.

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March 25, 2024, 11:14:23 PM
 #20

I have these set of friends that loves showing off their wealth in public places, when we were in the university, and I also joined them in that act. As time passes on, and we were far from each other, I cut off from them based on far distance, and I later realized that showing off in public is a sign of pride and arrogant, which can attract envious people to plan evil against you.

Since then, I have always being a the low in my financial status and in whatever I am doing to avoid attracting people to myself. I have few closed friends that knows I am into bitcoin, but they don't know how much I have in bitcoin, and I don't always talk about bitcoin to them, because I know that it might lead to them wanting to know about my bitcoin portfolio. I only encouraged them to invest in bitcoin if they feel they are cool with it.

My wife knows I am into bitcoin but I did not tell her how much I have invested in bitcoin, and she would not even know how much profit I will have during the bull run, because I keep everything about my bitcoin investment secret. Staying on a low profile will prevent you from envy, jealousy, kidnap, robbery and sudden death.
Showing off your wealth brings no advantage at all, as the people that like you for who you are do not care about that, while on the other hand you will attract all kind of people that will be interested in exploiting you for their own benefits, however this is often an attitude found on people that have recently gained their wealth, while those that are old money and got their riches from generational wealth do not feel the need to do this, since they know it makes no sense for them to show off like that.

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