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Author Topic: Be careful sharing other people about crypto  (Read 469 times)
Stable090
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June 07, 2025, 08:57:45 PM
 #41

Yes, you can share ideas with people about crypto but don't tell them your seed phrases and your password that Link to your wallets, once you share your secrets that make your personal details safe, it will no longer be safe anymore because you have shared your personal details with people, and they can have access to your coins any time, I hope beginners will take this advice serious.
If we don’t share bitcoin awareness, then it doesn’t make sense because their are people that really want to learn about bitcoin, so we are suppose to share our knowledge.

Why do you have to share your crypto seed phrase, your password and other confidential informations with people? If you are teaching anyone about bitcoin, then you should have a wallet that you have nothing in it, you can just create a new wallet, and use it to explain to anyone you are planning to teach about bitcoin. You should never show anyone you teaching about bitcoin your real wallet, they are not suppose to know what you worth because you can’t trust anyone, someone you are planning to help might want to hurt you, so  don’t show anyone your really investment.

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June 08, 2025, 01:20:52 AM
 #42

Yes, you can share ideas with people about crypto but don't tell them your seed phrases and your password that Link to your wallets, once you share your secrets that make your personal details safe, it will no longer be safe anymore because you have shared your personal details with people, and they can have access to your coins any time, I hope beginners will take this advice serious.
I don't think anyone is that stupid and naive right now to give out their seed phrases to people they're trying to talk to about crypto, rather than saying don't give out your seed phrases, I'd rather say don't tell nobody about your crypto holding or the size of your portfolio, or any details about your personal finance.
I know that some might feel the need to do it with intentions of using it motivate people you're trying to talk to about Bitcoin, but pls don't, best you keep it to yourself, no matter how much you feel you trust that person
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June 08, 2025, 03:52:14 AM
 #43

Crypto wasn't made anonymous for nothing, it was for the purpose of keeping your asset a secret, it's now left for anyone holding to decide whether they're gonna share to some trusted persons about their holding, well personally for me, I don't like sharing my financial information to anyone besides what's the point showing off your balance when the intention of the next person could be toxic towards you, irrespective of the fact that you have persons called friends who you share common thoughts with, your financial plans and goals should be kept out of the entire discussion because envy may come in when you over share, thinking you're just doing normal friends thing, I have heard of cases where people make plans for robbers to lay ambush on their friends, this world is wicked, so stay private and safe.

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June 08, 2025, 08:45:11 PM
 #44

I Know that its good to share , or even post on social media about crypto or even profits, but nowadays this is getting dangerous , as there are people with bad intentions do to people whom they know that has a lot of money in crypto.
Maybe this is the reason why some are so hesitant to share info to other people, according to the news an investor kidnap the man and kept him in his apartment asking for the password of his bitcoin, maybe asking for the bitcoin wallet password i think.
I saw also a video of the person running out of the said apartment, so guys let us all be very careful, hope this post will be a lesson to those who flaunts there winnings or profit to social media, that might attract bad people.

That is why people prefer to keep their information to themselves not just in cryptocurrency but in other aspects of life, especially where your source of income is coming from, because so many people laughing and claiming to be your friend are not really who you think they are.

They have evil intentions towards you, even some family members. If there is ever a time when we need to lead a quiet and private life, now is the time. But is is increasingly difficult as the world, on one hand, doesn't want that. They want to be in your business. Our smartphones are spying on us that's why their batteries are built-in, collecting our data. The government is doing the same thing, and even social media sites are doing the same thing. They will tell you that they are not collecting your information, but that is not true.


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June 08, 2025, 09:19:49 PM
 #45

IT's not only about crypto. The richest people in the world, crypto or fiat, you don't know about them. Why? Because they want to keep it that way.
Sure you know about monkeys like Musk, Gates and a couple of others, but the real power whales, you have no idea who they are. Trust me, Musk is the richest only of the known people, yet he dwarfs in comparison to some really wealthy people

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June 08, 2025, 10:28:59 PM
 #46

IT's not only about crypto. The richest people in the world, crypto or fiat, you don't know about them. Why? Because they want to keep it that way.
Sure you know about monkeys like Musk, Gates and a couple of others, but the real power whales, you have no idea who they are. Trust me, Musk is the richest only of the known people, yet he dwarfs in comparison to some really wealthy people
I think that I've read an article or watched some documentaries that there are people who are wealthier than Elon, Bill and the rest of the top wealthiest people that are written about and known by the public. It's true that they keep that list to themselves and they don't want people to know them that they're the real ones that are richer than the rich that we know of. And as for the crypto rich folks, there is no need to be flaunting of your assets publicly. There is nothing you'll get there but only the people who are jealous of your progress.

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June 09, 2025, 12:19:48 PM
 #47

Some you need to share and some you need to keep. I think long-time crypto users understand this. Share what is necessary means share what they need to know from the basics to the broader by not sharing your secrets such as wallets, private keys, seeds, passwords. The point is don't share what can make you lose assets. Maybe one of them we become Bitcoin ambassadors because by sharing there will be more and more bitcoin users. Despite losing time I think it's not a big deal about sharing info about Bitcoin.

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June 09, 2025, 02:05:48 PM
 #48

Some you need to share and some you need to keep. I think long-time crypto users understand this. Share what is necessary means share what they need to know from the basics to the broader by not sharing your secrets such as wallets, private keys, seeds, passwords. The point is don't share what can make you lose assets. Maybe one of them we become Bitcoin ambassadors because by sharing there will be more and more bitcoin users. Despite losing time I think it's not a big deal about sharing info about Bitcoin.

The only thing that a crypto holder should share is the knowledge and profit of holding an asset like Bitcoin, going beyond that can put the person at risk because crypto related crimes are on the increase. For people that have enormous stash they should never make the mistake of sharing what they are worth otherwise they have unintentionally put a searchlight on themselves for robbers to attack them. Also we shouldn't make reference to somebody's crypto worth that was disclosed to us in confidence by using it as a case study to show how crypto is profitable, the innocent person might become a target of kidnap and robbery

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June 10, 2025, 07:40:04 AM
Merited by HajiBagi (1), Abu-Naim (1)
 #49

Just know the background of the person you are dealing with and if you know that person have means to do those heinous crimes then better shut your mouth for sharing information about Bitcoin especially on how much you earn from it.

To be honest, it is not necessary to know the person background before telling them about cryptocurrencies or investing. Nowadays, you might see individuals change from good to evil, even someone close to you since childhood may set you up or target you because they see you doing better than them. Not everyone will be happy with your achievement, I've seen situations where someone hires criminals to take out his brother to have control over his wealth.

Quote
Don't be so excited to discuss about how much you earn from crypto since there's no need for us to do that. We better shut our mouth and stay low key since this is better for our security.

We see lots of crimes happening to a crypto holder so we better be silent on everything and better don't give any hint that you are participating on any crypto activities. We don't know what other people thinks especially that anyone could do a crime especially if they are desperate and in need of money,

The world is getting scary and people do not want to work to make their own money, they are jealous of others who work and succeed around them, we must learn to keep our own secrets to ourselves. We owe no one an explanation, especially when we are in dangerous areas, we must learn from those who have been kidnapped or rubbed because it might happen to any of us if we don't mind telling people how much money we have and how much we make, humans are really wicked.

R


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June 13, 2025, 10:31:44 PM
 #50

The only person besides yourself who should know about your investments should be a family member who should have access to your wallet in case an accident happens to you. Since there are a lot of similar stories, when the Seed phrase was "buried" along with its owner and family members could not use the result of the investment.

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Today at 10:05:59 AM
 #51

The only person besides yourself who should know about your investments should be a family member who should have access to your wallet in case an accident happens to you. Since there are a lot of similar stories, when the Seed phrase was "buried" along with its owner and family members could not use the result of the investment.
This aspect of managing our Bitcoin investment is a little tricky and even complicated because it has to do with security as well. If you remember that some family members can even do what you don't expect, you will be discouraged from sharing such sensitive information with anyone. I have seen many recommendations on how to manage this but there have never been a generally adopted method that is suitable for all considering the peculiarity of each individual. While it is important someone must know about our investment and how to access in case one is no more since we don't own our lives, we should just be careful who we trust with such information. One idea that made sense is to separate the Bitcoin into different wallets in a way that will reflect our will and give the information to our beneficiaries accordingly.

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Today at 12:51:54 PM
 #52


The world is getting scary and people do not want to work to make their own money, they are jealous of others who work and succeed around them, we must learn to keep our own secrets to ourselves. We owe no one an explanation, especially when we are in dangerous areas, we must learn from those who have been kidnapped or rubbed because it might happen to any of us if we don't mind telling people how much money we have and how much we make, humans are really wicked.
Of course, it would be nice not to tell anyone and have full control over your money, but I believe that someone, the closest person in your family, should know where the seed phrase is kept and how to access those funds. Life is unpredictable, and anything can happen, some accident or misfortune, and those funds could become inaccessible to everyone. That would be a real shame, especially if your family is left without you and no one else is there to take care of them. This way, they would have access to those funds, and it would be a huge support for them.

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Today at 02:31:42 PM
 #53

This aspect of managing our Bitcoin investment is a little tricky and even complicated because it has to do with security as well. If you remember that some family members can even do what you don't expect, you will be discouraged from sharing such sensitive information with anyone. I have seen many recommendations on how to manage this but there have never been a generally adopted method that is suitable for all considering the peculiarity of each individual. While it is important someone must know about our investment and how to access in case one is no more since we don't own our lives, we should just be careful who we trust with such information. One idea that made sense is to separate the Bitcoin into different wallets in a way that will reflect our will and give the information to our beneficiaries accordingly.

We have to manage this aspect of Bitcoin our self, which is who will take control of our Bitcoins in case we cease to exist. If you don't want your Bitcoins to sit idle forever on blockchain then it's necessary that someone beside you has the necessary information to access them. Life is uncertain and we have to timely make that decision during our life. Their are relations in our lives to whom we can trust like our parents, wife, kids, it's better to select the appropriate person and handover him/her the necessary material related to accessing Bitcoins as soon as possible.     

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Justbillywitt
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Today at 03:20:04 PM
 #54

All I can say is that we should continue to be careful, because not many of us will be as lucky as this Man. Just imagine what would have happened to him had he not the opportunity to run away. As bitcoin prices keeps soaring higher, criminally minded people will start targeting those that has been, or are still flunting bitcoin activities on social media. Bitcoin is self custodian, so I don't see any reason why you will be showing off your activities on social media. Unless you have a bitcoin training institution and you need to get more people on you platforms. But as someone who don't have any thing like that, not even your wife should know that you have bitcoin.

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Today at 03:45:53 PM
 #55

Share about crypto, but don't share about your holdings. Nothing wrong if you share about crypto with new people. It's a crypto adaptation as well. But always remember to hide your holdings. Just tell them you are doing trading with a small fund and will develop day by day. Because you don't know who is a criminal inside. When people know about your holdings, they might attempt to harm you somehow. It's very important to protect your privacy always. Even we must protect our privacy from our family as well.

Recently I have shared about crypto with my nearest friend. I am teaching them about crypto and trading. I send them some crypto as well. But I haven't shared about my holdings. Since I am not holding big funds in a centralised exchange, they know I have only small funds. I care about privacy because a friend could be an enemy at any time, and they might harm me as well.

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Today at 04:15:49 PM
 #56

Its not only crypto, its wealth in general. There is a common rule which should be followed by everyone, and it's "don't say more than you need to"
Meaning, someone is always listening, and not everyone is your friend. Even you frineds don't always have best in mind for you

You have said it all, there is this saying that the only person that want to be more you is just yourself that is to say generally no one should be trusted no matter the level of closeness and even if we have to do trust let their be a security consciousness written in our minds, it is true that not all people we share our life success and achievement are genuinely happy with us some can have more than you do but doesn't want any things good to come your way, this people can be very close to us as friends and most times even family members but however, our safety is in the hand of our creator while we can not be ignorant of being conscious of ourselves at all times.



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10K
WEEKLY
RACE
100K
MONTHLY
RACE
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