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.
I also dont know how I missed this thread, its been a year now that thread was created and i am surprised how i missed it. This world is a really wild place and weird things keep happening everyday and with different things happening the more reason we have not to trust anyone at all not even our own relatives. People can do crazy things for money and so for our own safety we should keep our wealth and bitcoin possessions private, trust very little circle and never disclose your total assets to avoid attracting unwanted attention that may risk our lives. Our safety is in our own hands and when no one knows that you have certain things how will they plan to come steal from someone who has nothing so is best advised to be cautious and discreet about our possessions.
Right, brother! I agree with you. Showing off wealth attracts unnecessary attention and is dangerous. It is much safer not to flex your money on social media, In the era of social media, showing off your wealth is very dangerous. Showing off on social media is like temptation. Money does love silence, but peace of mind and safety are way more important than this. Great advice!
Showing off or flaunting your wealth is really a way of advertising yourself to thief and bad people. Living a very private life is the best thing now in this world we are now, say less about your private self and also post less on social media.
