Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Princess Leah
on 18/08/2025, 05:32:15 UTC
⭐ Merited by JayJuanGee (1)
Security is a mandatory thing to look out, I was away for a long time, but I did not stopped learning, and the most important learning was, we should never tell anyone we are holding Bitcoins, that's another thing if some scammer somehow know we are holding btc and they try to phish us we can still save us by not doing anything stupid but we can face security threats from our loved ones and people around us so never tell anyone how much btc we have, or my brother have and even my father has.
https://x.com/BitcoinNewsCom/status/1956747783530037670
This news is enough to understand the sensitivity of this situation, if we tell anyone, the word will spread out like fire and it will reach to the ears of some bad people and they can do bad things to you, or anyone near you who you love and it can become a problem. Never share anyone about the bitcoin investment.

How is bitcoin going to spread if no one wants to admit that they use bitcoin?  You expect bitcoin to still have value if everyone is secret about it?

Maybe he's from a society where Bitcoin is restricted from it citizens a place where there's tough regulations by the government and citizens who secretly use it have to be careful not to attract the authorities, for instance the past administration of my country restricted the use of Bitcoin and other coins at large so we were very careful cause most the security authorities who were delusional took it personal and would immediately tag one for fraud if caught.

 However I don't think it's a nice idea for him to generalise since there are countries where the regulations ain't tough and people freely use Bitcoin for different use case, what he should've said is that people should protect themselves from potential robbery by not exposing the amount they're worth to the strange people or sometimes even close neighbours, these are tough times and lazy people who can't invest or hodl Bitcoin could easily plot with kidnappers and steal your coin, it would've been very understandable if he had explained it that way.

 In other words, one can spread the aware of Bitcoin and it's important, with specific reason of why it's good for people to hodl it including the benefits they stand to gain in future but avoid letting them know what she or he is worth in Bitcoin, for security reasons.