Post
Topic
Board Bitcoin Discussion
Re: Going public saying you own Bitcoin is not safe anymore
by
AicecreaME
on 25/10/2021, 12:02:03 UTC
Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions.

Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.

That's why I don't like anyone to know I'm in the Crypto business.

Nowadays, it's really dangerous to let the public know that you have a huge amount of money in the bank, in crypto or even any thing that has a high value. Because every time you flex your luxurious things and hefty amount of money (may it be physical cash or screenshot of your e-wallet's fund) it attract people with bad intentions.

For some, it will be inspiring and motivating to work hard to achieve the same. But there are people that don't want to achieve it the hard way, but the easiest way possible. Hence, they resort to bad tactics such as stealing, kidnapping, and even murdering. There are a lot of news about those kinds of incidents, not only in crypto, but as a whole. Bad people are attracted to expensive things and everything related with money. They would do desperate measures just to get what they want, whether that would mean to risk their lives.

Stating those, it's really best to keep lowkey. It's okay to flex sometimes, but also know your limitations. You should not let the public know about the supposedly confidential matters about your life. You are responsible of your assets, so do your best to keep it safe from the eyes of the potential persons to take it away from you.