Quote from: Btcdeybodi on January 17, 2025, 04:41:14 PM

Quote from: Ruttoshi on January 17, 2025, 03:35:25 PM

This is why it's good not to store all your bitcoin in one wallet. It's better to use two wallets, you keep the large amount in a seperate wallet like a cold storage and keep some amount in your online wallet, so that when such thing happens like this, you can show them your online wallet.

What if he has different wallets and decides to show them the one with little coins inside they will still not be contented with the amount they will see there as they will feel that he has mismanaged his funds.

This is actually a good idea. Why didn't I think of that before, lol?! Tbh, disclosing the whole portfolio is a bad practice when the amount is just too big. If it's a couple thousand bucks (depending on where you live), then I wouldn't worry much. Some might say, Man, they are your own family members. What's there to fear? But family members can also backstab, what if they demand you give them cash, for instance, your brothers and sisters? What if they ask you for unnecessary loans knowing you can give them that? What if they pressurize you to cash in your crypto into fiat to fulfil their needs? When you are poor, you can't expect to live a luxurious life, nor anybody will expect anything from ypu. But when you are rich and your brothers and sisters knows that, they might wanna spend it to fulfill their desires, they wanna live a more luxurious life. Of course their rich brother would pay for everything. You get my point right? It's nothing new. I'm not saying it's a bad thing to spend money on your family. But when you have a dream/aim these unnecessary distractions/expenses can hamper your progresses. And the thing about having multiple wallets, cold storage, etc., I think everyone has that. I could have just shown them a portion of my assets that is stored in my "other wallet" and hidden the main ones.