What is the hidden secret of showcasing your Bitcoin asset publicly

[taufik123]

-snip-
Now that I think about it.  Have you considered that maybe 'influencers' are not as targeted as less famous people that are just as Wealthy because being famous often implies having a body guard and good security?  Maybe being famous in this case makes you less of a target than showing off with no fame.

Being famous is a greater risk with more wealth, so bodyguards or security will be more enhanced than rich people who are not famous and seem to be more closed off from social media.

If you look at some of the crypto influencers who are quite famous, they have more escorts when on vacation or just to enjoy the outside world.
They will be a concern and some criminals will find it more difficult to manage how to rob them.

Some famous people or influencers with a lot of followers will be targeted if they brutally flex how they own a lot of crypto assets and investments that make a lot of people want to own them.
It will be an attraction for criminals to start strategizing how to commit robberies and such.

But if we talk about today's sophisticated with the help of AI, Robbery can be done online by carrying out various hacking methods with predetermined targets, invisible but the effects will be very bad.

[Jubilee58]

Showcasing your bitcoin publicly is very dangerous, and is a way of putting both yourself, and your bitcoin asset in trouble. We have had stories of how bitcoin investors are being attacked, and some of the attack are even coming from untrusted friends, and relations.
Is very important to make your bitcoin investment secretive, this is for security reasons, and the security and safety of your bitcoin begins from you. Sometimes, we know it might be very very difficult to hide your investment from everyone, more especially from your immediate family members, but don't be careless to flaunt yourself in the public as a Bitcoin investor, otherwise the security of your bitcoin will be bridged.

This attribute is majorly associated with the newbies, and that is why it is necessary to ask questions, and understand very well the steps to safeguard your bitcoin investment. This is a place where you can gain indepth knowledge of bitcoin. Therefore, do not hesitate to ask questions on areas you don't understand quite well about bitcoin investing.

[Rashlyowl]

So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes first.

It depends on the context, for example, someone is an influencer who earns income and living by proving their achievements in crypto, either by showing a portfolio or creating a personalization of someone in the crypto space, then that would be great. But for a nobody, it would be dangerous, even though both share the same crime risk, but the first one benefits from it.

[Hatchy]

Because toe it feel like an indirect form of exposing your financial  status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes  first.

We've had several cases where people got attacked by criminals because they choose not to keep their holdings to themselves. We have spoken alot on the idea of Privacy in the crypto space but till now some people still over look the fact that when keeping your crypto holdings Private you aren't just protecting yourself, but also the life of your loved ones.the idea of show casing your portfolio online does not add anything to your wallet, so why not try your best to stay safe. Sometimes it's even good not to discuss with unknown people or some close individuals about your holdings. They might have an idea but done give them this feeling of knowing exactly how much you own in your wallet. Let's all try to be careful..

[SOKO-DEKE]

Greetings to my superiors here. I hope am posting this in the right place to ask questions as a newbie. There is something that have been on my mind concerning Bitcoin, or expecially about how some individuals today choose to present themselves,particularly those people involved in Bitcoin earnings in my community, many young people nowadays seems eager to display thier sources of income in public. I javelin seen people that decorated thier rooms with Bitcoin logos, thier motorcycle plates and also customized thier cars with different Bitcoin logos designs, we are in an era where our physical appearance tells who tou are. Because of all these some individuals may not truly hold huge Bitcoin, but thier lifestyles display creates the an attentions of your enemies, and that will leads to serious security risks. So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial  status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes  first.

The point is that not everyone you see on social media or in real life who talks about Bitcoin, holds Bitcoin, or does things to make people believe they are into Bitcoin is actually involved in it. Some people do that to deceive the public into thinking Bitcoin is their source of income. There are even some people you wouldn’t suspect, but I am aware of many young guys who are into scams while making it seem to others that they are into trading.The truth is, if they didn’t present themselves that way, people would start asking where they are getting their money from. So, in a sense, they feel they have no choice but to act like that. On the other hand, people who are genuinely into Bitcoin often don’t make it public or go around telling everyone what they do.

Most people you see trying to expose themselves online often have a hidden agenda. That is why you will notice some individuals on social media showcasing their achievements and claiming they made it through trading. However, their main purpose is to gain followers and sell what they call courses that’s where they make most of their money.The fact remains, it’s not a good idea for someone to show off their achievements, because that is what can attract enemies.

[Loyang]

So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes first.

It depends on the context, for example, someone is an influencer who earns income and living by proving their achievements in crypto, either by showing a portfolio or creating a personalization of someone in the crypto space, then that would be great. But for a nobody, it would be dangerous, even though both share the same crime risk, but the first one benefits from it.

I always think about one thing and it always makes me think, if a person can make a lot of money by trading then why would he reveal personal information to everyone and put his life in danger. Almost all of the people around us who have become influencers in the field of trading are fraudsters.

It is definitely possible to earn money by trading but the person who earns money by trading will probably never teach you trading for a small amount of money or will not be able to face such a big risk himself

[BlackBoss_]

I always think about one thing and it always makes me think, if a person can make a lot of money by trading then why would he reveal personal information to everyone and put his life in danger. Almost all of the people around us who have become influencers in the field of trading are fraudsters.

It is definitely possible to earn money by trading but the person who earns money by trading will probably never teach you trading for a small amount of money or will not be able to face such a big risk himself

It's the common question on people who advertise themselves as professional, successful and profitable traders because people can naturally wonder that if such traders are too good in gaining profit, is it necessary to show off the wealth, portfolios, provide paid educational courses, and become influencers for money while there are many risks for such publicly flexing activities.

I agree with this thinking and doubt against influencers but it's because I already had enough experience in this market while with newbies, they are easily attracted to something that shows very good results from either investments, trading with either Spot, Margin or Futures.

[aylabadia05]

There is something that have been on my mind concerning Bitcoin, or expecially about how some individuals today choose to present themselves,particularly those people involved in Bitcoin earnings in my community, many young people nowadays seems eager to display thier sources of income in public. I javelin seen people that decorated thier rooms with Bitcoin logos, thier motorcycle plates and also customized thier cars with different Bitcoin logos designs, we are in an era where our physical appearance tells who tou are. Because of all these some individuals may not truly hold huge Bitcoin, but thier lifestyles display creates the an attentions of your enemies, and that will leads to serious security risks. So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial  status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes  first.

People’s personalities vary in how they go about their daily lives. Some people like to show off what they have through symbols that may stem from their own admiration. This might also be done to demonstrate that they possess advantages not everyone has, but their desire to have even more is what drives them.

If showing off can lead to negative consequences, it’s better not to do it.
Truly wealthy people with both movable and immovable assets tend to hide their wealth. It’s not because they don’t want to appear wealthy; it could be because they’re hiding to avoid taxes.
For me, revealing one’s sources of income to the public has no impact and isn’t important—whether it exists or not, only we know.

[Mpamaegbu]

So my concerns is this, is it really good to showcase our financial involvement publicly?

There are two reasons I guess people do that. It's either to seek validation from others or to promote their Bitcoin/crypto business or both. If you aren't involved in the latter aforementioned (middle point), don't do it. If you do, it's unnecessary showoff that may likely hurt you one day. For me, anything that breaches or exposes one's security should be avoided, especially of you live in security porous environment.

It's for this same reason I don't put up anything related to what I do for a living on my status. You never can tell who's watching your update so that you don't inadvertently expose yourself to danger by yourself.

[Comeacross]

So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial  status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes  first.

There's no any rules preventing someone from displaying their financial status on public but it's traditionally frown against due to its implications. Some of the implications involve being a target of physical attack, unsolicited begging and unnecessary envy from the less privilege. It's left for you to choose either to publicly display your financial values or keep it a secret from public outreach. If you are comfortable with the threats and implications, it's fine.
There are celebrities that find comfort in displaying their financial information because that's what give them the fame they so much cherish and safety is not a thing of concern because they guards and bouncers that ensure their safety from physical threat and begging. You can only wail online and request from them online. I believe those displaying Bitcoin Logo on their vehicles are doing so for fashion and have no real business with Bitcoin.

[Razmirraz]

In the world of Bitcoin, the basic principle is privacy (silence is golden), Bitcoin is a valuable asset, treating it with absolute privacy is the best way to protect it. Choosing to display or tell the public about your Bitcoin ownership is like removing the most important layer of security. Flaunting wealth in the form of Bitcoin is a risk that is not worth the benefits because it is only a temporary social validation, so the fewer people who know about your asset ownership, the safer it is.

Decorating your car or other items with the Bitcoin logo can be dangerous because criminals don't care whether you are actually rich or not, they will still target you based on the assumption that you are. If you own Bitcoin, you must be humble. Bitcoin owners, especially those with large holdings, are usually the ones who prioritize privacy and will never flaunt it, even if it's just a small decoration with the Bitcoin logo on their personal vehicle.

[pawanjain]

Greetings to my superiors here. I hope am posting this in the right place to ask questions as a newbie. There is something that have been on my mind concerning Bitcoin, or expecially about how some individuals today choose to present themselves,particularly those people involved in Bitcoin earnings in my community, many young people nowadays seems eager to display thier sources of income in public. I javelin seen people that decorated thier rooms with Bitcoin logos, thier motorcycle plates and also customized thier cars with different Bitcoin logos designs, we are in an era where our physical appearance tells who tou are. Because of all these some individuals may not truly hold huge Bitcoin, but thier lifestyles display creates the an attentions of your enemies, and that will leads to serious security risks. So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial  status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes  first.

Lol, I guess they are not actively reading crypto news because if they would then they would immediately stop showcasing the bitcoin logos on their belongings.
Nobody should showcase their crypto assets publicly like this because it poses an immediate threat to their funds as well as their life.
we have heard cases about $5 wrench attacks as well as kidnapping and murders and so it is in our best interest to keep our crypto assets private.

[sunsilk]

There's no any rules preventing someone from displaying their financial status on public but it's traditionally frown against due to its implications. Some of the implications involve being a target of physical attack, unsolicited begging and unnecessary envy from the less privilege. It's left for you to choose either to publicly display your financial values or keep it a secret from public outreach. If you are comfortable with the threats and implications, it's fine.

Much better not to be comfortable with those threats. While no one can stop anybody from displaying their financial status, how wealthy they are.

It has become a norm for someone who's aware of the dangers that can attract by sharing this sensitive information in the public. Some people might choose to let people think how dumb they are rather than knowing how wealthy they are.

There are celebrities that find comfort in displaying their financial information because that's what give them the fame they so much cherish and safety is not a thing of concern because they guards and bouncers that ensure their safety from physical threat and begging. You can only wail online and request from them online. I believe those displaying Bitcoin Logo on their vehicles are doing so for fashion and have no real business with Bitcoin.

There's clout in it and they have to do it because it's part of their career to attract attention.

[Bitcoin Smith]

People just want to show who they are and even if they didn't mean anything bad, they are still exposing themselves for risk factors and they need to face the consequences as well.

But let's keep these people away and there are others who does that with a reason, like if someone keep telling that they are successful in bitcoin over the social media or glorifies that bitcoin means they are looking to monetize it for sure, they will sell you some courses about how to be like them or say I can manage your portfolio or whatever, they see it as money making opportunity.

[Fiasem20]

Here in the crypto space,your holding should be to yourself and not everyone is expected to be aware that you’re into the crypto space.We have been seeing a lot of terrible news happening across the globe in regards to crypto extortion.Many enthusiasts have been abducted and tortured because they failed to keep their mouth shut about their holdings in public,don’t ever feel that those celebrities out there aren’t applying this principle so therefore you won’t,honestly you aren’t exposed yet.It’s quit obvious that those celebrities promoting crypto at secured physically at all cost,so don’t emulate them if you know your security is tight.

[Stable090]

It depends on the context, for example, someone is an influencer who earns income and living by proving their achievements in crypto, either by showing a portfolio or creating a personalization of someone in the crypto space, then that would be great. But for a nobody, it would be dangerous, even though both share the same crime risk, but the first one benefits from it.

I don’t think it’s proper to display your portfolio even if you are a influencer, unless you not having much money in your wallet. I don’t know the part of the country which you are from, I don’t know the level of security in your country, you might be from a country that is well secured, their citizens are well protected, so even if influencers post their portfolios on their social media handles, their is nothing that will happen to them.

In some countries like my country, even if you are a influencer you still have to play safe, you don’t have to make people know that you are so rich, because you going to be targeted and might end up being robbed or kidnapped, so because you are a influencer doesn’t mean you should display your portfolio, if you are planning to create awareness about bitcoin, then you should play safe also, create a wallet and send some amount of money there, you can use that to do whatever you want to do.

[Felicity_Tide]

If you do, it's unnecessary showoff that may likely hurt you one day. For me, anything that breaches or exposes one's security should be avoided, especially of you live in security porous environment.

Sometimes, I just want to believe that a lot of cases that involves kidnapping of crypto holders, are preventable. It is common these days to see young people trying to show off. They probably think showing off is the only way to make a statement because they've always seen life as a competition. A crypto holder who totally understands the state/level of security around him/herself, should as well make themselves less vulnerable to this physical attacks. It's unfortunate that a lot of people might end up learning the hard way, because they've always had a less priority for their own safety, while thinking that showing off is supposed to be an ideal thing to do.

[SilverCryptoBullet]

Sometimes, I just want to believe that a lot of cases that involves kidnapping of crypto holders, are preventable. It is common these days to see young people trying to show off. They probably think showing off is the only way to make a statement because they've always seen life as a competition. A crypto holder who totally understands the state/level of security around him/herself, should as well make themselves less vulnerable to this physical attacks. It's unfortunate that a lot of people might end up learning the hard way, because they've always had a less priority for their own safety, while thinking that showing off is supposed to be an ideal thing to do.

It's like when a poor person became richer, it's excited to show off the rich as his life was changed but after a person is rich a long time enough or was born in a rich family, it's less likely existence of rich-showing behavior. People will naturally change their thinking, mindset and behavior over time but about life, they have only one life to live and that means if there are terrible physical attacks happen with them, their bodies, safety and life can be affected mildly, severely or even deaths.

It's better to prevent their life from damaging by the others as best as they can rather than ignoring many warnings and getting severe problems later.

[Juicyhome]

People just want to show who they are and even if they didn't mean anything bad, they are still exposing themselves for risk factors and they need to face the consequences as well.

I agree with you, it's very risky to show you're a Bitcoin investor on social media and whatsoever you see you have to face it yourself because you attracted people to yourself, in this part of the country where everyone views Bitcoin investors as rich people,the moment you show up online that you're involved in crypto or Bitcoin you become a threat to others.

You might be hurt, if your seen in public place, thief will visit your house a lot will happen to you, to avoid unnecessary pressure and losses stop telling people about your Bitcoin investment or showing it up on social media, your risking your life , stay calm and enjoy your Bitcoin, don't let those that are not into this investment to know, the only people that are allowed to know about it are the ones also involved in Bitcoin investment.

[iBaba]

Greetings to my superiors here. I hope am posting this in the right place to ask questions as a newbie. There is something that have been on my mind concerning Bitcoin, or expecially about how some individuals today choose to present themselves,particularly those people involved in Bitcoin earnings in my community, many young people nowadays seems eager to display thier sources of income in public. I javelin seen people that decorated thier rooms with Bitcoin logos, thier motorcycle plates and also customized thier cars with different Bitcoin logos designs, we are in an era where our physical appearance tells who tou are. Because of all these some individuals may not truly hold huge Bitcoin, but thier lifestyles display creates the an attentions of your enemies, and that will leads to serious security risks. So my concerns is this, is it really good to showcase our financial involvement publicly? Because toe it feel like an indirect form of exposing your financial  status which is meant to be secret, i think when it comes to the one's personal security and safety caution should comes  first.

These days, some people doing bitcoin like to display it publicly through stickers, social media even customized cars and room designs because of that lifestyle and that image it gives. But at thesame time that kind of public display can attract unnecessary attention and security risks.
Not everybody showing bitcoin signs actually has huge amounts but outsiders may still think they do. In a world full of envy and insecurity, i personally feel people should be more careful about exposing their financial involvement publicly sometimes that quiet and lowkey lifestyle is safer