Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
DaNNy001
on 05/06/2023, 22:32:19 UTC

BUT if we're lucky enough, I would suggest that you keep that you're HODLing Bitcoin only to yourself, not even your relatives and close friends should know. Believe me, wealth doesn't entirely change the person who made the wealth. It changes those people around the person because they know he/she has made wealth.

In my personal experience the "wealth change" wasn't that much during last ATH, but if Bitcoin surges to $1 billion, I probably should go into hiding.

Indeed, it's not just Bitcoin that we need to keep secretive. We don't know who is who, and we also don't know who those that are close to us are; we just have to play it safe first before we think about praising ourselves. That's why in this forum, privacy protection is among the things that's highly advisable to holders.

Even if it's not Bitcoin holdings, it's important to always note that there are levels of wealth that we might be in possession of that we don't need to disclose to anyone. Because betrayal comes from envy, jealousy, and greed, if someone who is close to you knows that you are holding a huge amount of Bitcoin or some level of wealth, they can turn out to be the unknown enemy that we have been hearing about. If they can't harm you themselves, they will discuss you with the next person who will. Sometimes they won't do it because they want to take away all that you have, but because they just don't want you to have it.
 
 

One thing is acquire wealth and another is to maintain or should I say preserve this wealth, like you said the world is filled with evil minds so keeping your holdings secret will probably do you more good than harm because it also saves you the stress of not having to answer to the excessive request of wants and favors  from every fucking person around. More wealth results to more burden and more insecurity only if you exposed the secret of yours about your assets be it crypto or any other kind.

But I believe no good investor that might have started this bitcoin journey here in the forum that won't have the knowledge or even the basics about crypto and how vital it is to keep it all secretive but I guess some people just let that feeling of knowing their are massive owner of a significant amount of bitcoin get to them.