One reason to keep your bitcoin investments private is to protect your assets from potential theft or hacking attempts. By keeping your investments secret, you can reduce risk of becoming a target to cybercriminals who may attempt to steal your funds. Some people choose to keep their bitcoin investments private in order to maintain their privacy and avoid unwanted attention. Bitcoin transactions are recorded on a public ledger, which means that anyone can view the details of your transactions if they know your wallet address. By keeping your investments private, you can maintain a greater degree of anonymity and protect your personal information.
I say, quite the case for privacy you're making, I must say! However, isnt it somewhat paradoxical? Bitcoins, inherently public yet...we insist on making them private. The public ledger, the blockchain, is intended for transparency, yet here we are, shying away from it. Food for thought, don't you think?
And...may I offer a bit of skepticism? "Keeping investments secret reduces the risk of becoming a target", you say. But, surely...that's like suggesting we should walk around with blank faces to avoid facial recognition software! A bit extreme, dont you think?
Lastly, a quick point to make...transactions might be recorded on a public ledger, but wallet addresses arent necessarily linked to identities. The goal isnt anonymity, its pseudonymity - that is, operating under a name that isnt your own.