Post
Topic
Board Beginners & Help
Re: Why it’s important to avoid telling everyone about your crypto holdings
by
Coyster
on 08/10/2022, 17:26:18 UTC
You also need to be cautious of keeping your phones or laptop lock securely so that no one can gain access to it easily without your Consent.
A better advice will prolly be that users shouldn't keep their crypto funds in their online wallet/phone that they use for their day to day activities, browsing and other general stuffs, that is a no-no, even if you don't tell people about your crypto holdings, if you are hodling crypto in that way you can easily be hacked by scammers who spread malware or any unsuspecting phishing method, your funds should safely be stored offline, and away from any sort of internet connection.
This is a very good question, telling people about your crypto is very risky, imagine showing somebody your crypto that worth thousands of dollars, after seeing it, all he would be thinking about is how to snatch it away from you.
Would anyone show people that they have thousands or millions of dollara in their bank accounts, since they won't with traditional currencies, then they shouldn't with cryptocurrencies too.