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    Author Topic: Do not share your bitcoin holdings with everyone  (Read 3686 times)
    Kasabus
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    November 24, 2023, 04:58:20 PM
     #181

    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.
    For everyone to be safe, just keep privately whatever asset or achievement you have.  You don't need to let the world know what's happening to you or how far your achievements have gone. That will only trigger some negative feeling towards other people or even your relatives once they have discovered that you're richer than them or you're keeping wealth that they don't expect. Bitcoin has a very expensive value, so never tell or disclose to others that you have or more hodlings as your investment.

    However, despite of the reminders often that its not safe to expose yourself that you are a bitcoin hodler, but still a lot of investors think differently.  I don't know what's their reason of disclosing but surely, it will create a sort of envy to those who don't want to celebrate with your achievements in life.
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