Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
DaNNy001
on 05/06/2023, 23:36:26 UTC
⭐ Merited by JayJuanGee (1)
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.

I don't know why you feel some kind of need to keep throwing out the vague term of "crypto" DaNNy001 when this is a bitcoin thread.

Do you believe that using the term crypto makes you look smarter in terms of your desire to include shitcoins into your discussion of what a bitcoin holder might be holding and might be keeping secret?

Yes.. maybe try writing your post over and specifying what you mean.

If you want to say that a person might hold a lot of variety of wealth that includes bitcoin and various other kinds of crypto (or shitcoins) or maybe some other kinds of assets that s/he would like to not disclose or to keep them secret, then maybe that is a potentially valid question, that might possibly be somehow related to this thread, even though we should be trying to focus on bitcoin here rather than throwing out vague concepts in regards to crypto and not even really specifying what is supposed to be meant by such term... in terms of what kinds of shitcoins that any of us might be holding in the future (besides holding bitcoin) and the extent to which there is any need to talk about that kind of a vagueness in this thread.

Don't get me wrong, it is likely not completely off topic, but it still seems important to me to focus on bitcoin first, and then if you feel that there is some kind of a need to refer to shitcoins (or crypto - presuming non-bitcoin digital assets or something like that), then sure maybe it would be ok. to mention that, but it mostly seems to me that you were just being sloppy in your choice of language (whether inadvertent or not).
I actually meant the use of that word to be bitcoin itself but actually used crypto instead of being specific @bitcoin, knowing fully well that crypto covers all range of coins including the recent shitcoins project that are currently streaming the bitcoin blockchain causing some much price hike in terms of fees. I agree with you that am being sloppy in terms of choice of language used and as you have corrected today, I think I will be more careful and direct when choosing the right word to relate to the discussion involved.