Post
Topic
Board Bitcoin Discussion
Re: Be careful of $5 wrench attacks! Also, of thieves armed with Toblerone bars!
by
JiiBs
on 04/09/2024, 11:29:12 UTC
If you had 23.5 Bitcoins (which was worth $144,017), you would spend $10,000 on home insurance, but it would be better to be private, as your friends and community should not know about your Bitcoin wealth.

That would be something to look into with that much Bitcoin on your portfolio. Eventually, the holding strategy doesn’t give much room for spending does it? That could be the case of the victim, holding for dear life they say as, you don’t get to devalue what you’ve accumulated not knowing, you could be a victim of such robbery some day.
The best that could be done is staying absolutely silent on your investments but, the need to carry some friends and family along often makes people break that rule and lands investors in trouble.