DO NOT BRAG ABOUT YOUR BITCOIN

[AnonBitCoiner]

People cannot tolerate the success of others so they will hear they you are bitcoin investor then they will make target you to snatch your all bitcoins. But those who are familiar with bitcoin and know the success rate of bitcoin as well as the greedy thoughts of others will never trust anyone and will never share their investment with any relative, friends or stranger.

You should feel threat from those who have information about bitcoin because they know better that what things are necessary to get access to bitcoin but those are not dangerous for you who don't know about bitcoin because they will not believe this things and will not be able to steal your bitcoin.

I think everyone should save their bitcoin in different wallets and should not keep all asset in just a single wallet because if there happens such situations of stealing then only a single wallet will be hacked but all the remaining assets will be in save place.

[Gladitorcomeback]

While I agree that everybody should just keep to themselves how much Bitcoin they own, if somebody is held at gunpoint or at knifepoint, it doesn't anymore matter which wallet you're using, or whether it is multi-sig or not, or whether you have a copy of your seed phrase or some other backup. It's either your life or you cough up those information.

Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.

I agree with this. Keeping all your eggs in one basket no matter how strong it is can always cause problems if something happens with the basket. Similarly, if you are keeping all your Bitcoin or other assets in a single wallet, you are making a mistake and that is now how you should be doing this, but instead, create multiple wallets and split your assets in those wallets and make sure you use very secure wallets so that your funds stay safe and in case something bad happens, you won't lose all the funds.

One should also make sure that they are backing up their wallets in different devices and aren't keeping all the keys and phrases in one place because then it wouldn't make any sense. If someone puts a gun on your head and asks you to open all the wallets with those keys, you won't have a say.

This is why, security must be the first priority, and after that, privacy. As OP said, don't discuss your finances with anyone no matter how close they are to you.

[BABY SHOES]

Just keep your mouth shut never talk about the bitcoins you have to others even when you have a lot of money plus gold stored at home you will be the next target of robbers we never know how they do it but about the finances you have then it must be kept secret.

There are still many people who always want to show off what they have now including BTC earned from profits or whatever you can tell all your friends automatically labeled as a lot of money that will be utilized or a target for theft.

I will be silent about success and even the bitcoins I have have never told anyone else except the closest person who is sure to be trusted, such as a wife.

[PrivacyG]

I would argue it is not enough to prevent leaking the information about your holdings.

The issue is much deeper than that and any finger print you leave may have a bad consequence at some point.  We are living in an increasingly higher risk of Bitcoin related attacks and crimes, and particularly in times of rising and more often occurring cyber attacks.  And no, this is not my typical paranoia.  This is a very serious situation no body wants to be in, even if you do not care about having Privacy.

It is important to prevent pretty much any body from knowing about your holdings.  I mean every body.  This is to prevent unnecessary risks and issues regarding your personal safety.

Do not order Hardware Wallets, Bitcoin stuff or things from obvious Bitcoin accepting stores delivered to your personal address.  If 'Bitcoin Shop' appears on the parcel, the courier is not some body to be trusted.

Try to avoid using clearnet for searching any thing Bitcoin or Cryptocurrency related whenever possible.  What if a worker of your ISP you are using is ill intended and nosy and has access to information about your history?

Obviously, no posts about Bitcoin on Social Media.  The reason is pretty common sense.

And much more.  My point is, try to think twice every time you do something Bitcoin related.  You never know who the perpetrator could be.

[dunfida]

Many experts believe Bitcoin's surge to over $72,000 is just the beginning of its potential growth. Investors may also see this surge as a validation of Bitcoin's potential as a long-term store of value. It is important you do not brag about success. Don’t share how much you have with others. This should be obvious, but there are people that may not be so excited for you. They may tell their friends, and sooner or later someone who you don’t know, who may have the capacity for violence, may decide you are an appetizing target. This is yet another reason to use a multi-sig setup. Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.

One of the most important things in life is on having that kind of security you do have with you and your family on which it would really be just that common sense on what are the things that you would really be gonna
do because we do know that we are living in a world on where there are really tons of those criminals that just really looking for some opportunity on which they could really be able to abduct people and having those kind of stealing your money or your assets or whatever it would be. This is why it would really be that important that you should really know on how to limit your mouth on telling things around.
It would be that too dangerous on trying out to boast about your money posession or capability on which we know that this is something that not really recommended on doing so.
It is really just that there are really some people of this world would really be that loving on sharing up on things to public which isnt supposed to be done in the first place.

[KingsDen]

These type of advices have been heard countless time but one thing is that not everyone will adhere to the advice. Also it is important to note that it is not only when you brag about your holdings that people will know that you own some bitcoins. Merely making bitcoin related posts on social media, sticking cryptocurrency related banners in your vehicle or wearing crypto polos can also expose you. But how then can we successfully avoid all these. Satoshi Nakamato had adviced us on how to avoid these linkages by separating our individual identity from our bitcoin address. This can atleast save us in some ways. Meanwhile, it is not advisable to brag about your holdings whether it is bitcoin or money.

[JoyMarsha]

While I agree that everybody should just keep to themselves how much Bitcoin they own, if somebody is held at gunpoint or at knifepoint, it doesn't anymore matter which wallet you're using, or whether it is multi-sig or not, or whether you have a copy of your seed phrase or some other backup. It's either your life or you cough up those information.

Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.

This is what I pray against every day of my life, let me or any of my friends not fall short in the hands of evil ones to hijack their crypto assets by force. That would be the worst experience for anyone not to forget in a hurry because having your crypto assets taken by force by transfer to another crypto wallet,  there is no way it can be traced who is responsible for the act.

To stand on the safe side, don't tell anyone about your crypto holdings or leave your crypto assets on phones or laptops for display of the amount of crypto coins owned. Deactivating your crypto wallet app will be best, but make sure you have your seed phrase kept at two different safe places where it can't be tampered with.

[Miles2006]

Issues like this has been discussed several times, bitcoin investment is not something you start announcing around cause if we're actually referring to attackers I think attackers will come when they smell something fishy, attackers will not just come with the aim of stealing something like bitcoin. My first question will be like who informed them and how did they get to know about bitcoin except such person had contact with the victim. Disclosing bitcoin investment to friends is also not right and I think this habit is commonly seen on social apps.

[Issa56]

It is important you do not brag about success. Don’t share how much you have with others.

Don’t even try to share the amount of bitcoin you are holding with other people, you are just risking your life if you try that, your investment is suppose to be known to only you, or your close family members, but it shouldn’t be know by even your friends, because some people which you think they are your friends are not really your true friends,  they don’t really wish you good, so you have to be careful with people you tell about your investment.

When some people knows about your investment, then they might end up setting you up, your life is already in danger, and they might end up taking everything from you. Just imagine you have bitcoin in your wallet, and you got rubbed and you were asked to send the bitcoin to a particular wallet, you don’t have choice than to do it because your life is at risk, and you will be losing your bitcoin. Your investment should be a secret.

[Mame89]

The only reason Satoshi chose to be anonymous was because he did not want his safety to be threatened by people who were capable of committing violence over his success in creating Bitcoin which is now starting to be considered the toughest rival to fiat money. Telling friends about your Bitcoin ownership will reduce your level of safety and also the Bitcoin you own, friends could betray you if they are in financial trouble.

When you are under threat with two choices: life or Bitcoin, you cannot avoid it and will hand over Bitcoin for the safety of your life. It would be better if you store Bitcoins in a different wallet and keep a copy of the phrase or other backup safely, and when you have a number of assets that can cause other people's evil intentions, never tell anyone about the assets you own.

Correct. We must realize the importance of keeping our bitcoin amount secret from other people because we know the intentions of someone who wants to harm us. It is also important that before investing in Bitcoin, we must be smart about storing wallet phrases or reserves in several places using the safest wallet. Because many beginners think wallet security is not that important, even though this is the first thing we have to learn before investing.

In essence, when we have a lot of bitcoin assets, never tell anyone, and don't like flexing, because in an increasingly materialistic world like now, many people are jealous of us. Whatever our plans, whether they are achieved or not, if possible, don't let other people know about it. Because we don't know what someone's true character is like. We have actually often read and often heard the advice from Op, but for me it is important to repeat it again and again so that we are always careful.

[Cookdata]

Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.

This reminds me of some friend I have their WhatsApp contact on my phone and how they show off because of little investment they made on Bitcoin, they even shill and they are encouraged people to buy Bitcoin which is good but they sometimes over do it. I have never for once posted anything about Bitcoin on my status despite been an advocator. There are ways you can promote something without making yourself and object of target for scammers and hackers or even normal close friends.

What I like about Bitcoin is that it doesn't just teach you about buying it as an asset but the inherent features that makes you to like it and one of it is "privacy". If you value your privacy, you don't have to worry about this because even your family isn't supposed to know about your Bitcoin holding and what you do with your Bitcoin. Privacy just don't end there, learn extend it to live a quiet life and learn to spend your Bitcoin without anyone understanding how, when and where, this is to beat the way fiat exist.

[oktana]

While I agree that everybody should just keep to themselves how much Bitcoin they own, if somebody is held at gunpoint or at knifepoint, it doesn't anymore matter which wallet you're using, or whether it is multi-sig or not, or whether you have a copy of your seed phrase or some other backup. It's either your life or you cough up those information.

Perhaps it will help if your coins are stored in different wallets. If such a thing happens, God forbid, you will give the information of only one wallet.

They say don’t put all your eggs in one basket. So, if you have a lot of money which is worthy to be robbed you of at a gun point, then you should always ensure you split your funds across wallets so if anything were to happen, they’ll probably find only one wallet (you should have signed out of the other wallets). It’s a valid suggestion because the people at gunpoint don’t know how much you have, and if you had less, they’d take it so.

[Z-tight]

Deactivating your crypto wallet app will be best, but make sure you have your seed phrase kept at two different safe places where it can't be tampered with.

If what you meant by 'deactivating' is to delete your wallet file from your device, instead of that, create a watch only version of your wallet. This watch only version does not hold any keys, so funds cannot be stolen from it, and from it you can check wallet balance, create and broadcast tx's if you also set up an airgapped version of the wallet for signing tx's

[Ale88]

Many experts believe Bitcoin's surge to over $72,000 is just the beginning of its potential growth. Investors may also see this surge as a validation of Bitcoin's potential as a long-term store of value. It is important you do not brag about success. Don’t share how much you have with others. This should be obvious, but there are people that may not be so excited for you. They may tell their friends, and sooner or later someone who you don’t know, who may have the capacity for violence, may decide you are an appetizing target. This is yet another reason to use a multi-sig setup. Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.

Don't bragging about money, bitcoin, gold, or any other asset that could be stolen, is always a good idea. Nowadays I don't think that the average Joe is going to brag around about his bitcoins, the only people that could be in some kind of danger are the early adopters who maybe told some friends and family about purchasing bitcoin when it was worth a few dollars. Whoever entered this market in the last years probably doesn't have many cryptocurrencies unless he was already wealthy before bitcoin.

[boyptc]

I am not too vocal with it but you know that every bull run comes, I am having more friends again but I am expecting that.

I am not blabbering about Bitcoin anymore and they're the ones that gets close to me asking this and that about the market. It's fine for me but I wouldn't be too vocal with them anymore of how much I've got but usually, I'd just say that I am still holding a bit and hoping that I can get some good gains about it.

Other than that, I am not talking to random stranger in real life if they happen to ask about me and my personal holdings.

[kingvirtus09]

Many experts believe Bitcoin's surge to over $72,000 is just the beginning of its potential growth. Investors may also see this surge as a validation of Bitcoin's potential as a long-term store of value. It is important you do not brag about success. Don’t share how much you have with others. This should be obvious, but there are people that may not be so excited for you. They may tell their friends, and sooner or later someone who you don’t know, who may have the capacity for violence, may decide you are an appetizing target. This is yet another reason to use a multi-sig setup. Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.

It's good what you said, and it's also right; it's just that there are people who really enjoy a lot of money and can buy what they want; they brag about it already on social media platforms like Facebook.

Even with Bitcoin, others say how many bitcoins they have, even though no one asks, What is it for? Is it for someone to comment and say that it's great? or someone will say, Wow, he has bitcoin or what? In fact, there is no reason to do that; it is done just to show off, but they will say that the Bitcoin crash is to inspire others. For me, it doesn't give inspirational feelings to others; instead, it even causes annoyance to others. That's literally legit.

[yazher]

If I'm not mistaken there was a site that kept updating about Bitcoin crimes the main story was about people who were kidnapped and forced to take their bitcoins from them after bragging about how much they had in their wallets. these people are actually real and they will come at you as soon as they learn your place you should take necessary measures not to be like those victims who have nothing to blame but themselves, others even have some bad endings because their lives have been taken from them along with their crypto assets. So this should not be taken lightly or else you are putting your life in danger along with your families as well.

[Zoomic]

Many experts believe Bitcoin's surge to over $72,000 is just the beginning of its potential growth. Investors may also see this surge as a validation of Bitcoin's potential as a long-term store of value. It is important you do not brag about success. Don’t share how much you have with others. This should be obvious, but there are people that may not be so excited for you. They may tell their friends, and sooner or later someone who you don’t know, who may have the capacity for violence, may decide you are an appetizing target. This is yet another reason to use a multi-sig setup. Even if someone obtained 1 of 3 keys, they cannot steal your Bitcoin. Concurrently, your Bitcoin can be backed up. If you lose your Bitcoin you can literally just magically get it back if you have back up, that's because your Bitcoin is stored on the blockchain. If you have a copy of your "seed phrase" you can regain access to all your Bitcoin no matter which wallet you use. Don't go blabbing your mouth to everyone about your Bitcoin stack.

Everytime I see similar posts like this advising people not to disclose how much Bitcoins they have, yet people keep ignoring this advice. I think it is even safer not to disclose at all that you own a certain percentage of Bitcoin. Bitcoin enlightenment has spread so fast that a common man out there sees people who brag about Bitcoins as money Lords. Such public displays only exposes one to security attacks as many would  rather want to steal  instead of learning how to invest in bitcoin too. Bitcoin investors have to first learn how to protect themselves first before any other thing. No one will be attacking your Bitcoin wallets if they had no idea that you even have a wallet. Cyber theft is on the increase everyday, this is the main reason we need to be security conscious always.

[Volimack]

There are few people who brag about bitcoin but bitcoin is a digital asset whose information is lost in no time and difficult to recover if shared with anyone. That's why I shouldn't argue with anyone about how much is in my wallet. One should keep quiet thinking about their safety and it is possible to get good profit from this platform. Bragging can make life worse learn from real life and proceed.

[Oasisman]

These type of advices have been heard countless time but one thing is that not everyone will adhere to the advice. Also it is important to note that it is not only when you brag about your holdings that people will know that you own some bitcoins. Merely making bitcoin related posts on social media, sticking cryptocurrency related banners in your vehicle or wearing crypto polos can also expose you. But how then can we successfully avoid all these. Satoshi Nakamato had adviced us on how to avoid these linkages by separating our individual identity from our bitcoin address. This can atleast save us in some ways. Meanwhile, it is not advisable to brag about your holdings whether it is bitcoin or money.

Exactly! It is not just by bragging that criminal minds recognizes their target. Sometimes these criminals are too smart to trace their target via the links they gathered from a person who happens to have engaged in social media with crypto related groups and topics and then using his primary account with all the names and photos posted in that specific platform.

I have seen this advertisement campaign about the danger of posting all kinds of information you have in social media, where they prank people by pretending to be a fortune teller using the social media information they get from them and the people that is working in the backend will be the one to feed that information to the fortune teller. People who got pranked get a slap of reality instantly, they never knew it could be used against them.
That simple phishing email and that fake bank representative that's been constantly calling anyone is the prime example that these criminals are also working the best they could to generate a lead.