Post
Topic
Board Bitcoin Discussion
Re: Do not share your bitcoin holdings with everyone
by
Samlucky O
on 06/12/2023, 08:57:10 UTC
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.
It is truth an nothing but the truth. We should be careful of how we talk. Sometimes we get over excited over bitcoin up trend price, and decide to tell your friends about it, thinking they will give it a trial without knowing that people are very deadly. The more people know how much investment you have made the more risky you become. Because when people don't know about your investment they keep calm. But when they know about it they become jealous of you and becomes naive and bitterd over your success.

This is also applicable to what we do in our everyday life, not only in crypto. Same scenario happened in my state. A man who always brag of how successful he is, and how educated he is, how his children are all graduates and all successful with high grade in school. Hoodlums who literally never achieved anything in life became angry and lay an ambush for the man, and kidnapped him with several tuture and bruces all over his body. And he paid heavily for Ransom for his bail. After which he never speak much about his success anymore rather silence in action.