Dangerous insights on bitcoin Investor

[GreatArkansas]

(....)
This has to be a great lession to those of us who are not alternated with other source of incomes aside bitcoin or the AltCoins that while we're constantly being seated at home without a scale of going in and out probably like attending to the designated places of where we earns income and yet living comfortably even more better than those who claims to be working classes that eyes are being watching at us and people around would be much sensitive and desperate to know the source of our incomes since they could always have us always being at home.
Let's play this bitcoin investment smartly and save ourselves from insighting dangers.

Well, there will be always good and bad disadvantages if you just remain silent about you are investing in Bitcoin or let's say you are making money through Bitcoin like trading.

Another thing is you could've just shared and enlightened your family about your source of income - they are your family and they will understand you, just explain it simply that non-technical of no knowledge of Bitcoin will understand easily.

[BlackBoss_]

Well, there will be always good and bad disadvantages if you just remain silent about you are investing in Bitcoin or let's say you are making money through Bitcoin like trading.

Invest or trade silently without noise the public on what I am doing, is better practice for my investment, trading activities and my privacy, security too.

If people know I am investing or trading Bitcoin, when they meet me, they will talk about it and can create some pressure on me, affect my emotion then decision in investment or trading, it's not good at all.

Privacy and security of my fund and my life are other important things to consider.

Another thing is you could've just shared and enlightened your family about your source of income - they are your family and they will understand you, just explain it simply that non-technical of no knowledge of Bitcoin will understand easily.

The family term is too broad. I surely let my own small family know about that and we should do this to my husband, wife, spouse, but if the family is broader like relatives, I don't do this. Again it is for privacy and security and another reason is I don't want to give financial advice to others and have to be blamed for that or feel myself that I should be responsible for their decisions.

[kotajikikox]

Invest or trade silently without noise the public on what I am doing, is better practice for my investment, trading activities and my privacy, security too.

Most of the time it is better to just invest by your own decisions. FOMO and FUD are things you can get from all the speculations that goes around the internet.

however it is still good to be aware of all news. They might help you make some plans for the future term but be aware that these news will not always be affecting the market.

If people know I am investing or trading Bitcoin, when they meet me, they will talk about it and can create some pressure on me, affect my emotion then decision in investment or trading, it's not good at all.

Additionally, people are going to want to make comments about your decision and make you feel as if you are doing the wrong thing. Investing is something that should be personalized because not everything will work for the same people.

[Promocodeudo]

Ignorant of lack of knowledge to the highest level.
A family called the police operatives on their son who seems to be doing financially well while investing on the bitcoin.
The way about the young bitcoin Investor portrays himself happens to be not supposed to be affordable by their son of age 21 considering the poor background they originated from and they don't see the young boy working to earn such living.

There was a misconception by the parents due to their ignorance about cryptocurrencies and how rumours has been speculating in their localities that bitcoin or cryptocurrencies are all ventures for internet fraudsters which they found unfortunate that their son has engaged himself on it after several times they asked the young boy to go and find a job out there so he could make living out of instead.
Instead of the young man to have a constructive explanation to his uneducated parents probably to say he's working on a remote job, he told the old folks that he's a bitcoin Investor of which they got frightened out of the concept.

They called the police on him and knowing that the police would go in details in tracing his source of income as claimed, he was subjected to be transparent to the police and he was investigated and was found non guilty of engaging on the internet fraudulence as the parents might have sighted.
So what justified the young boy was that bitcoin is a legalized technology in the society only that there are still awkward people who're not convenient with the system.

This has to be a great lession to those of us who are not alternated with other source of incomes aside bitcoin or the AltCoins that while we're constantly being seated at home without a scale of going in and out probably like attending to the designated places of where we earns income and yet living comfortably even more better than those who claims to be working classes that eyes are being watching at us and people around would be much sensitive and desperate to know the source of our incomes since they could always have us always being at home.
Let's play this bitcoin investment smartly and save ourselves from insighting dangers.

It is unfortunate that this guy find himself in such ugly situation, although the blame should go to him and his parents too, I think parents have role to play in some certain things, ordinarily his parents would have approached  him to know the exact thing he does although we can never tell how educated and exposed his parents are, there are some families irrespective how poor they are, they wouldn't want their family name to be stained, the fact still remains that there are people that doesn't believe in Bitcoin or other crypto projects because their mindset has been filled with misinformation about crypto at such they believe that every crypto enthusiast is a fraudsters.

We should learn from this, no matter how uneducated or uninformed our parents or brothers are, we should be able to open up to them on what we do, we don't know who they talk to when we are not present, the question people ask them may triger them to utter some stuff that is not needed, thankGod that the guy was set free after they thorough investigation by the appropriate authorities that proved him innocent, who knows how this guy will feel as he is been released, as I said earlier both the parents and the guy should be blamed for what happened because there is no close interaction between him and his parents, if there was this wouldn't have occured.

[Gladitorcomeback]

To me his wealth is still questionable for him to live large. We all know that for you to earn big from bitcoin alone then you would have invested the part of the world and the parents are of the opinion that they did not finance him on his bitcoin investment.
Otherwise maybe he is into trading not hodling of bitcoin. There he can have such a luxurious life only if he is knowledgeable in the trading.

When it comes to Bitcoin investment, there are many ways we could earn from the market. Even though we are not experienced in programming to build our own app, we can always employ good programmers to do the work for us so that we can make money from. Such app without any fear. There are many reasons we could being wealth to people in the Crypto world but many of us might not be experienced to that level. We ought to invest versatile for us to enjoy the wealth in cryptocurrency.

It's not as easy as you make it sound. Not everyone can create apps or start projects to earn money and besides, even if people try to create projects, if their motive is only to earn money, their projects will barely get the recognition that they want because they won't have good ideas for the projects since they are doing it only for the money and not to serve the community.

People who don't have any of such experience shouldn't even try it because if they spend some money on it and a lot of time, they are going to go in waste if the projects fail, they will lose their money and the time spent will be wasted as well.

Those without experience should stick to trading and investments.

[SquirrelJulietGarden]

It's not as easy as you make it sound. Not everyone can create apps or start projects to earn money and besides, even if people try to create projects, if their motive is only to earn money, their projects will barely get the recognition that they want because they won't have good ideas for the projects since they are doing it only for the money and not to serve the community.

Start up your business is great challenging and most of start ups fail. In cryptocurrency industry, altcoin projects can be considered as start ups and most of them fail too. You have to take risk to achieve financial freedom and working in freedom too but there is another way to achieve financial freedom. Invest your money to a good asset that can be either gold or Bitcoin or anything you already do due diligent research and see it is safe and good for investment.

Those without experience should stick to trading and investments.

Without experience, they should only stick to investment in Bitcoin, don't invest in altcoins, hidden gems and surely don't trade.

If you don't have experience in this market as an investor, it's harder for you to debut as a trader. Risk to lose money is bigger than chance to get profit through trading as a newbie.

[ultrloa]

Well, there will be always good and bad disadvantages if you just remain silent about you are investing in Bitcoin or let's say you are making money through Bitcoin like trading.

Invest or trade silently without noise the public on what I am doing, is better practice for my investment, trading activities and my privacy, security too.

If people know I am investing or trading Bitcoin, when they meet me, they will talk about it and can create some pressure on me, affect my emotion then decision in investment or trading, it's not good at all.

Privacy and security of my fund and my life are other important things to consider.

Being silent related to investment and other personal stuff is really important since we are just avoiding our self to any possible problem what can be bought up by sharing some information about what we are doing and what activities we are participating.

If they know bitcoin is good then they might think about that we are earning a lot so for sure our life might became in messy situation especially if they are the type of person who ask money for those people which they take they can take advantage on. Also this is really a security risk since there might be a curious criminal minded person might got interest on what we have especially if they share the information then get curious to know how much income we get from our bitcoin investment.

[sunsilk]

I don't know what to say. Aren't they proud of their kid? While it should be understood that they're just worried and curious but it doesn't have to go like that.

They can simply ask their kid on how he's doing and explain things to them, this is really why lack of knowledge or having a little of it is very dangerous.

I wouldn't even tell anyone to it how it goes until someone asks me willingly how investing goes into Bitcoin.

[Smack That Ace]

Well, there will be always good and bad disadvantages if you just remain silent about you are investing in Bitcoin or let's say you are making money through Bitcoin like trading.

Invest or trade silently without noise the public on what I am doing, is better practice for my investment, trading activities and my privacy, security too.

If people know I am investing or trading Bitcoin, when they meet me, they will talk about it and can create some pressure on me, affect my emotion then decision in investment or trading, it's not good at all.

Privacy and security of my fund and my life are other important things to consider.

Being silent related to investment and other personal stuff is really important since we are just avoiding our self to any possible problem what can be bought up by sharing some information about what we are doing and what activities we are participating.

If they know bitcoin is good then they might think about that we are earning a lot so for sure our life might became in messy situation especially if they are the type of person who ask money for those people which they take they can take advantage on. Also this is really a security risk since there might be a curious criminal minded person might got interest on what we have especially if they share the information then get curious to know how much income we get from our bitcoin investment.

Keeping quiet and not bragging is the right thing to do, but not for everyone, especially those closest to us. In my opinion, we should at least let our wives or parents know that we are investing in bitcoin. Although there is a risk that they could reveal that secret to others, on the other hand it has the advantage that as I said, if an unexpected accident happens to us, our bitcoins will not be wasted.

Like the story I just encountered, my friend's mother suddenly passed away but did not have time to write a will and reveal to her children where the money was kept. Currently, her children still have not found the money she worked hard all her life to save. This is the disadvantage of not sharing secrets with 1 or 2 people closest to you.

[Spaceman1000$]

Ignorant of lack of knowledge to the highest level.
A family called the police operatives on their son who seems to be doing financially well while investing on the bitcoin.
The way about the young bitcoin Investor portrays himself happens to be not supposed to be affordable by their son of age 21 considering the poor background they originated from and they don't see the young boy working to earn such living.

There was a misconception by the parents due to their ignorance about cryptocurrencies and how rumours has been speculating in their localities that bitcoin or cryptocurrencies are all ventures for internet fraudsters which they found unfortunate that their son has engaged himself on it after several times they asked the young boy to go and find a job out there so he could make living out of instead.
Instead of the young man to have a constructive explanation to his uneducated parents probably to say he's working on a remote job, he told the old folks that he's a bitcoin Investor of which they got frightened out of the concept.

They called the police on him and knowing that the police would go in details in tracing his source of income as claimed, he was subjected to be transparent to the police and he was investigated and was found non guilty of engaging on the internet fraudulence as the parents might have sighted.
So what justified the young boy was that bitcoin is a legalized technology in the society only that there are still awkward people who're not convenient with the system.

This has to be a great lession to those of us who are not alternated with other source of incomes aside bitcoin or the AltCoins that while we're constantly being seated at home without a scale of going in and out probably like attending to the designated places of where we earns income and yet living comfortably even more better than those who claims to be working classes that eyes are being watching at us and people around would be much sensitive and desperate to know the source of our incomes since they could always have us always being at home.
Let's play this bitcoin investment smartly and save ourselves from insighting dangers.

The poor social status of the guys parents and lack of proper understanding of the new world order is what is affecting them, considering the way the parents of the young man are and there level of understand, there was no explanation that young man would have given to them that would have been satisfied enough for them given their level of understand or knowledge especially with the fact that the only thing that could make their child do well at his age was internet fraud in their own thinking. But the cruelt part was to call for the arrest of the young man, that's too much of escalation taken too far, at least there should be enlightened other family members and closed relative that could explain the job of the young man to the parents, so as to avoid him  been accosted.

[AVE5]

Ignorant of lack of knowledge to the highest level.
A family called the police operatives on their son who seems to be doing financially well while investing on the bitcoin.
The way about the young bitcoin Investor portrays himself happens to be not supposed to be affordable by their son of age 21 considering the poor background they originated from and they don't see the young boy working to earn such living.

There was a misconception by the parents due to their ignorance about cryptocurrencies and how rumours has been speculating in their localities that bitcoin or cryptocurrencies are all ventures for internet fraudsters which they found unfortunate that their son has engaged himself on it after several times they asked the young boy to go and find a job out there so he could make living out of instead.
Instead of the young man to have a constructive explanation to his uneducated parents probably to say he's working on a remote job, he told the old folks that he's a bitcoin Investor of which they got frightened out of the concept.

They called the police on him and knowing that the police would go in details in tracing his source of income as claimed, he was subjected to be transparent to the police and he was investigated and was found non guilty of engaging on the internet fraudulence as the parents might have sighted.
So what justified the young boy was that bitcoin is a legalized technology in the society only that there are still awkward people who're not convenient with the system.

This has to be a great lession to those of us who are not alternated with other source of incomes aside bitcoin or the AltCoins that while we're constantly being seated at home without a scale of going in and out probably like attending to the designated places of where we earns income and yet living comfortably even more better than those who claims to be working classes that eyes are being watching at us and people around would be much sensitive and desperate to know the source of our incomes since they could always have us always being at home.
Let's play this bitcoin investment smartly and save ourselves from insighting dangers.

The poor social status of the guys parents and lack of proper understanding of the new world order is what is affecting them, considering the way the parents of the young man are and there level of understand, there was no explanation that young man would have given to them that would have been satisfied enough for them given their level of understand or knowledge especially with the fact that the only thing that could make their child do well at his age was internet fraud in their own thinking. But the cruelt part was to call for the arrest of the young man, that's too much of escalation taken too far, at least there should be enlightened other family members and closed relative that could explain the job of the young man to the parents, so as to avoid him  been accosted.

Exactly, that'd had been the best step of the parent. Knowing that calling the government security agencies on the guy was an extreme action of them that proves no mercy but jungle justice to the guy. They never rh thought it he'd end up in jail in the course of facing the law if actually he was into illegal activities. So, taking this up to the family and relatives would had been best because there the parents conscience will be cleared if h was into frauding or not but all to say learned families can always handle such case amicably and for good.

[Rengga Jati]

They called the police on him and knowing that the police would go in details in tracing his source of income as claimed, he was subjected to be transparent to the police and he was investigated and was found non guilty of engaging on the internet fraudulence as the parents might have sighted.

I really understand how old people's thoughts often don't match what we live in in this era of technological progress. And this is quite natural because the world is different and the technological capabilities of each parent are quite difficult.

But what I don't understand is why they have to call the police, which usually just creates difficulties for their children. Didn't they think to listen to the explanation first and believe that their child was doing something good even though they didn't understand everything? Like my parents too. Q

[Popkon6]

Ignorant of lack of knowledge to the highest level.
A family called the police operatives on their son who seems to be doing financially well while investing on the bitcoin.
The way about the young bitcoin Investor portrays himself happens to be not supposed to be affordable by their son of age 21 considering the poor background they originated from and they don't see the young boy working to earn such living.

There was a misconception by the parents due to their ignorance about cryptocurrencies and how rumours has been speculating in their localities that bitcoin or cryptocurrencies are all ventures for internet fraudsters which they found unfortunate that their son has engaged himself on it after several times they asked the young boy to go and find a job out there so he could make living out of instead.
Instead of the young man to have a constructive explanation to his uneducated parents probably to say he's working on a remote job, he told the old folks that he's a bitcoin Investor of which they got frightened out of the concept.

They called the police on him and knowing that the police would go in details in tracing his source of income as claimed, he was subjected to be transparent to the police and he was investigated and was found non guilty of engaging on the internet fraudulence as the parents might have sighted.
So what justified the young boy was that bitcoin is a legalized technology in the society only that there are still awkward people who're not convenient with the system.

This has to be a great lession to those of us who are not alternated with other source of incomes aside bitcoin or the AltCoins that while we're constantly being seated at home without a scale of going in and out probably like attending to the designated places of where we earns income and yet living comfortably even more better than those who claims to be working classes that eyes are being watching at us and people around would be much sensitive and desperate to know the source of our incomes since they could always have us always being at home.
Let's play this bitcoin investment smartly and save ourselves from insighting dangers.

Usually the first point is that the boy's father is uneducated by calling the police and creating this problem. And the second point was the intelligence of the people around the boy's house was taken by the boy's parents. That's why it is possible to talk about bitcoins only very close people, but the people who live next to my house or the people who live next to that boy's house are advantageous. not  Because his parents must have given bad advice that your son may have earned and invested money from illegal sources. Therefore, the lesson should be learned from here that all people should never take their neighbors for granted.

[Lantind]

I really understand how old people's thoughts often don't match what we live in in this era of technological progress. And this is quite natural because the world is different and the technological capabilities of each parent are quite difficult.

But what I don't understand is why they have to call the police, which usually just creates difficulties for their children. Didn't they think to listen to the explanation first and believe that their child was doing something good even though they didn't understand everything? Like my parents too. Q

If they can explain well what they are doing, of course things like that will never happen and it would be better when we do a job that can earn us a large income. It would be better if we first explain to the people closest to us about what we are doing and don't let it happen. they think that what we did violated the applicable law.

Reporting to the police about actions carried out by their children is certainly difficult for their children and this could cause their children to have mental stress and I agree with you that it would be better for them to listen to their children's explanations first, because they are investing in their past and this time is very different.

[AVE5]

I really understand how old people's thoughts often don't match what we live in in this era of technological progress. And this is quite natural because the world is different and the technological capabilities of each parent are quite difficult.

But what I don't understand is why they have to call the police, which usually just creates difficulties for their children. Didn't they think to listen to the explanation first and believe that their child was doing something good even though they didn't understand everything? Like my parents too. Q

If they can explain well what they are doing, of course things like that will never happen and it would be better when we do a job that can earn us a large income. It would be better if we first explain to the people closest to us about what we are doing and don't let it happen. they think that what we did violated the applicable law.

Reporting to the police about actions carried out by their children is certainly difficult for their children and this could cause their children to have mental stress and I agree with you that it would be better for them to listen to their children's explanations first, because they are investing in their past and this time is very different.

Or do we just have to say the boy was ignorant and disrespectful to his parents? because believably the parents had at some points demanded to know his source of income and due to the fact of the advice always being spread about keeping our bitcoin investment anonymous and don't even trust relatives, he might have applied this system which could be a lack of knowledge to him because he should had not taken that up to his parents but should had been opened to them.
The parents too being out of the era of technologies of today may have misunderstood the boy of paraventurely he had explained to them.
It's just uncalled for involving the police.

[Bravut]

I really understand how old people's thoughts often don't match what we live in in this era of technological progress. And this is quite natural because the world is different and the technological capabilities of each parent are quite difficult.

But what I don't understand is why they have to call the police, which usually just creates difficulties for their children. Didn't they think to listen to the explanation first and believe that their child was doing something good even though they didn't understand everything? Like my parents too. Q

If they can explain well what they are doing, of course things like that will never happen and it would be better when we do a job that can earn us a large income. It would be better if we first explain to the people closest to us about what we are doing and don't let it happen. they think that what we did violated the applicable law.

Reporting to the police about actions carried out by their children is certainly difficult for their children and this could cause their children to have mental stress and I agree with you that it would be better for them to listen to their children's explanations first, because they are investing in their past and this time is very different.

Or do we just have to say the boy was ignorant and disrespectful to his parents? because believably the parents had at some points demanded to know his source of income and due to the fact of the advice always being spread about keeping our bitcoin investment anonymous and don't even trust relatives, he might have applied this system which could be a lack of knowledge to him because he should had not taken that up to his parents but should had been opened to them.
The parents too being out of the era of technologies of today may have misunderstood the boy of paraventurely he had explained to them.
It's just uncalled for involving the police.
[/quote

As you rightly said, Police shouldn't have been involved, such issue can be aligned within the family, and both parties meet same goal. Though, I do not blame the parents because the rate of internet Fraud is alarming so the parents, were looking from a different angle to discipline there son which they dim fit can only be sorted out if the police get involved.
The good news is that ignorance has gone, as well Parents should understand that money making or financial freedom is not bound to school or 9-5 again.

[Blitzboy]

`

Keeping quiet and not bragging is the right thing to do, but not for everyone, especially those closest to us. In my opinion, we should at least let our wives or parents know that we are investing in bitcoin. Although there is a risk that they could reveal that secret to others, on the other hand it has the advantage that as I said, if an unexpected accident happens to us, our bitcoins will not be wasted.

Like the story I just encountered, my friend's mother suddenly passed away but did not have time to write a will and reveal to her children where the money was kept. Currently, her children still have not found the money she worked hard all her life to save. This is the disadvantage of not sharing secrets with 1 or 2 people closest to you.

It makes sense, folks, to be open about your investments. Protecting your family comes before bragging. Your family need to know about something as significant as Bitcoin. Its their future, not only money. Though there's always a chance someone will blab, your family knows where to look for you in the event of your death. They're protected. People, bitcoin is the winner. Its solid, its secure. And its about the freedom it offers as much as the money. Share thus the money and the wisdom. Its common sense, its protecting your loved ones. Its about giving them peace of mind, no matter what.

[albon]

They can simply ask their kid on how he's doing and explain things to them, this is really why lack of knowledge or having a little of it is very dangerous.

I wouldn't even tell anyone to it how it goes until someone asks me willingly how investing goes into Bitcoin.

We must not gossip about investment matters and our sources of income in front of everyone. Our investments and gains must be confidential. If you tell someone about your profits and investments, he may target you for theft, envy you, or try to discourage you with negative comments resulting from his ignorance. Or if you are in one of the countries that ban Bitcoin, he may report you to the legal authorities. It is not the responsibility of every person to tell all members of his family about Bitcoin or cryptocurrencies, but instead, choose one of the suitable people who have a curiosity for knowledge, a love of learning, an open mind, and who accept different opinions and who begins to ask questions.

Some parents might be close-minded and sterile in thought, or they may not be worthy or qualified for their children to disclose their private matters to them due to their old age and lack of experience, and misconceptions about this field, that it is a scam, unreal money, and a lot of nonsense and falsehoods as if their son were a Drug Dealer.

[Vinaa77]

It makes sense, folks, to be open about your investments. Protecting your family comes before bragging. Your family need to know about something as significant as Bitcoin. Its their future, not only money. Though there's always a chance someone will blab, your family knows where to look for you in the event of your death. They're protected. People, bitcoin is the winner. Its solid, its secure. And its about the freedom it offers as much as the money. Share thus the money and the wisdom. Its common sense, its protecting your loved ones. Its about giving them peace of mind, no matter what.

With family members, of course we have to be more open about the investments we make so that they don't think we have committed unlawful acts in earning income and if we invest in Bitcoin, of course we have to be able to tell a family member who we can entrust with our investment. run it because this is very useful for them in the future and if something happens as you say of course they can still enjoy what we have collected, because if we don't tell other family members of course this is very unfortunate because what we have collected cannot be used This would really be very detrimental.

[Tmoonz]

Ignorant of lack of knowledge to the highest level.
A family called the police operatives on their son who seems to be doing financially well while investing on the bitcoin.
The way about the young bitcoin Investor portrays himself happens to be not supposed to be affordable by their son of age 21 considering the poor background they originated from and they don't see the young boy working to earn such living.

There was a misconception by the parents due to their ignorance about cryptocurrencies and how rumours has been speculating in their localities that bitcoin or cryptocurrencies are all ventures for internet fraudsters which they found unfortunate that their son has engaged himself on it after several times they asked the young boy to go and find a job out there so he could make living out of instead.
Instead of the young man to have a constructive explanation to his uneducated parents probably to say he's working on a remote job, he told the old folks that he's a bitcoin Investor of which they got frightened out of the concept.

They called the police on him and knowing that the police would go in details in tracing his source of income as claimed, he was subjected to be transparent to the police and he was investigated and was found non guilty of engaging on the internet fraudulence as the parents might have sighted.
So what justified the young boy was that bitcoin is a legalized technology in the society only that there are still awkward people who're not convenient with the system.

This has to be a great lession to those of us who are not alternated with other source of incomes aside bitcoin or the AltCoins that while we're constantly being seated at home without a scale of going in and out probably like attending to the designated places of where we earns income and yet living comfortably even more better than those who claims to be working classes that eyes are being watching at us and people around would be much sensitive and desperate to know the source of our incomes since they could always have us always being at home.
Let's play this bitcoin investment smartly and save ourselves from insighting dangers.

It is true about the saying that says that anyone that is not informed is deformed, majority of our parents are not educated and at such how we relate to them is very  important to avoid much of the misconceptions, the young boy would have understand the level at which his parents can can comprehend his his job description. But however, most of our parents has really failed to recognize the world revolution in terms of growing digital explorations but yeah no one can really tell much what he she she didn't understand, the boy would have looked for a better of way telling his parents that things are no longer the way it uses to be, technology has really make things easier and people can actually worked from home.