STOP telling people how much bitcoin you have. Don't even tell anyone if you own a single dime. Keep this stuff private man! Also, NO ONE can tell you properly how to go about this unless they knew your entire financial situation, your financial outlook, where you live and the tax implications etc etc etc. Discuss it with a financial advisor in confidence ONLY!!!
Yeah, this is what should be done, but in the end, there are a lot of people who show off just for validity and temporary fame so that they are recognized as one of the investors in btc by clearly showing their portfolio.
Things like this are becoming commonplace now because with the current bitcoin hype that is increasingly being discussed, with the natural nature of humans who really want to always be recognized by others and praised by people, they do not hesitate to show the assets they currently have but they do not realize that it is precisely with things like this that makes them one of the targets for irresponsible people.
It is difficult to provide education like this especially for new people because they really want recognition from others which is a human nature that is difficult to change.
I think I should address this, as it's a valid topic of discussion.
I realise in hindsight it probably wasn't wise to be even as vague as I was, stating my BTC holding. I'm not trying to paint a target on my back. I'm also not trying to show off; I was just trying to provide context and looking for relevant advice from people who know a lot more than I do.
But yeah, in hindsight, it was a mistake I won't repeat.