Post
Topic
Board Bitcoin Discussion
Re: STOP telling people how much Bitcoin you have
by
Tipeform$
on 14/02/2024, 19:50:43 UTC
I just wanted to share a piece of advice that I learned early on from Andreas Antonopoulos (if you don't know whom this is, I highly recommend looking up his YouTube page and watching his videos and or reading his book Mastering Bitcoin) never tell anyone how much bitcoin you have.  Andreas use to say it's not our job to teach everyone we know about bitcoin, letting them know we own some "Let that be my job" he would say.

I see so many people that come around here sharing how much bitcoin they own...don't.  Just like any of your finances such as your portfolio or how much your annual salary is..it's no one's business but your own.  Being transparent about these things can be harmful to you in a multitude of ways.  As an advisor this is something I tell my clients all the time.  Your financial info is private and should always remain that way.  I hate these new social media trends where people walk up to strangers on the street and ask things like "how much do you pay in rent" or "how much money do you make a year"...ignore them!
Yes of course some things should be ignored that discussing things with people will hurt me especially how much Bitcoin I have accumulated is not very wise to tell people. It's always better to keep yourself safe Those who talk about their wealth to people without keeping themselves safe face many problems in their lives. I don't tell anyone how much I deposit in Bitcoin and especially I don't share the Bitcoin I work with because Bitcoin is still illegal in my country and I don't discuss it with anyone.