Recently, I came to read this news
https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.
There are a few reasons why it may be important to keep your bitcoin investments secret:
1. Security - Revealing that you have bitcoin could make you a target for hackers, scammers, and thieves. Keeping it secret helps keep your coins secure.
2. Privacy - Bitcoin is meant to provide financial privacy, so revealing your holdings can encroach on that privacy. Some people prefer to keep their financial affairs private.
3. Judgment - Some people may judge you or criticize you for investing in bitcoin. Keeping it secret can help avoid that judgment.
4. Tax obligations - In some cases, declaring your bitcoin holdings to others, like family or friends, could create tax obligations that you otherwise would not have had. Keeping it secret avoids this risk.
5. Volatility - Bitcoin prices are very volatile, so if people know you have bitcoin, they may become obsessed with checking the price constantly and criticizing your decision if the price goes down. Keeping it secret avoids this.
6. Relationships - Revealing major financial decisions to family or friends can sometimes strain relationships, even if well-intentioned. Keeping it secret avoids potential conflicts.
So in summary, there are a number of good reasons why keeping your bitcoin investments secret from others may be valuable - for security, privacy, avoiding judgment or tax obligations, and avoiding potential strain on relationships. Ultimately it comes down to personal preference, but there are definitely advantages to discretion when it comes to cryptocurrency investments.
Hope this helps! Let me know if you have any other questions.