Quote from: Victorik on November 29, 2023, 05:23:02 PM

Quote from: EarnOnVictor on November 29, 2023, 12:14:02 PM

Quote from: Victorik on November 28, 2023, 05:43:05 PM

Quote from: Yamifoud on November 26, 2023, 01:24:47 PM

Quote from: Victorik on November 26, 2023, 12:13:03 PM

Quote from: arhipova on November 02, 2023, 03:34:24 PM

I was listening to a news that one of the relatives of a person kidnapped him and asked him for bitcoin in ransom. This happened because that person showed his bitcoin holdings to many of his relatives and news spread among them that he has lot of money invested in crypto. Though, finally funds were recovered from that guy but he could have even lost his life in the whole scenario. Thus, you should be careful with disclosing about your bitcoin holdings to everyone.

I think this should only apply to crypto hodlings. Generally, it is a very risky thing to flaunt your wealth. Not everyone is happy with you and some will be looking for ways to sell you out to people who could harm you and try to take your wealth.

What is the point showing his entire family his portfolio? Was he trying to convince them to invest, or just for show off. Whatever his reasons are, my take from his experience is that one should be careful who you show sensitive things about you to.

It is because some people will get jealous of your great achievement in life and they start to think of making you down.
Indeed, we should be careful about whose and whom to tell our holding but much better to just tell no one aside from our husband/wife. In fact, we don't need to involve our life with others, and actually, no reason for them to know that we have XXX of Bitcoin because they really hate it. Sometime, they will tell us a scammer and some say that we are involved in illegal activities.

Yeah. It is safer to keep your financial investment to yourself and only reveal to your spouse. Not going around making a public announcement of what you have in your account. This could lead to you being exposed to those with criminal intent. It is better to live your life in private, except you are a celebrity or a political expose people.

You have good advice there, but I would still like to warn you that revealing your wallet status to your spouse must be rethought as it's not in all relationships that spouses mean well for themselves, so the advice shouldn't be general. Some spouses are good, some are bad and some are ugly, so if yours is wise and good, then you can go ahead with it but also be sensitive to the revelation since the world is cruel. At times, it might not be the spouse that would perpetrate the evil against their fellow spouse but someone who the spouse reveals it to without an evil intention might be those who would do it. This is why we have to be smart even as we disclose to our spouse and let them know the danger of letting a third party know about it.

Besides, it's a very bad and dangerous thing to be running our mouths like a fool, and if someone is naturally mature, they do not run their mouth anyhow, they will be calm, and listen more than they speak. These attributes should be inculcated in our wallet possessions as well, we should never dare reveal the worth of our wallets, it's better to pretend to have nothing at all or very little crypto assets if we can't deny it entirely. After all, the main reason why Satoshi invented Bitcoin was to keep the anonymity and privacy that the centralized system is depriving the masses.

When I mean spouse, I am actually referring to a wife/husband, not just a random girlfriend/ boyfriend.
Ii understand that there may still be partners who may not mean well.for their spouses, but that shouldn't discourage us from still trusting and revealing our secret to our wife/husband just in the case of eventualities.
That being said, know your partner before you reveal your secret to them, so they don't end up selling you out.

Spouse doesn't have a different meaning so I don't know why you are still pointing to it that you meant wife/husband and my explanation on this is clear. You might be in the best marriage right now, but I must tell you that most people are in a challenging marriage, and that is a fact, so I only caution you from generalizing the fact that it must be revealed to one's spouse, nothing more, except the person is so sure of the genuity of the union.

Even those who believe they are in a genuine union are still often betrayed, so the advice is clear, one has to be very careful in disclosing their wallet status and access to spouses. Some spouses who claimed they were good might later be tempted by the asset's worth as money is powerful and could corrupt good manners in most cases. This advice might not be applicable to all but could still save lives and property when you are too trusting in a marriage, many have been betrayed. The high level of divorce these days is enough reason for someone to be wise. It won't just start immediatley, it takes time and the less you disclose, the better for you. Of course, unless you are near 100% in trust with your spouse which I believe is not common these days that everyone seems selfish.