Post
Topic
Board Bitcoin Discussion
Re: Do not share your bitcoin holdings with everyone
by
retreat
on 11/11/2024, 08:29:15 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.

Not only about Bitcoin, but also about all the wealth you have, just stay simple and humble about what you have, because usually people who show off their wealth to others will end up with unpleasant things. That's why I myself don't really show off what I have and still prefer to be anonymous, even when other people ask me if I have Bitcoin I will answer that I don't have it and say that they should find out about Bitcoin themselves, not about being paranoid but I'm just being careful since there are many crazy people out there.