If you are held at gun or knife point for your bitcoin, it is because someone has found out you have bitcoin, another very important reason why you must never discuss it.

Despite having this kind of reminders repeatedly over the years there are still a lot of people, especially those who are new to crypto that were recently being able to gain profit by investing in Bitcoin. Bragging it to other people is of their ways to show off and make other people see them as a successful person that should be followed.

This is one of my observations which can sometimes they use to take advantage of other people to gain more money, increase their followers, increase their referrals, and sometimes they even take a step forward of initiating a paid seminar just because they made a profit with their investment during the rally.

By doing this, they are forgetting the most important thing, to keep the information of their investment as their privacy. They don't imagine the risk involved of doing this because they are more focused on bragging and letting other people know that they are making money through Bitcoin.

If you like to brag about your Bitcoin wealth, maybe  just brag about 10 % of it. Then have a matching amount of Bitcoins in a dedicated wallet and the other 90 % in other wallets.

Advantage:

1) You can publicly brag as much as you want, maybe to attract some female company 

2) If bad things happen you lose only 10% of your holdings and can easily give it up when needed...

Yeah I already made the mistake of telling people about bitcoin in 2015 or so. And I never told them how much I bought but the problem was when the bull market of 2017 came, everyone assumed I was some crypto king. And they wanted money.

Or they wanted me to take their money and basically 10x it. Some guy needed like $50 K and he wanted to give me $5K so I can turn it into $50K by crypto trading. I obviously refused.

Hence don’t tell anyone about any crypto you own.

We are less than a month away from the halving, so these tips came at an appropriate time, and although many topics refer to these tips, investors must be reminded again of the safety of their Bitcoin holdings. Truly, anyone bragging about the amount of Bitcoin can bring dire consequences. It may put him under legal scrutiny if he is in a country that prohibits crypto, and if someone with malicious intentions is listening, he might find a way to steal him. Therefore, I strongly agree with minimizing chatter in front of others regarding personal investments.

Also, multisig is a wonderful feature that I prefer to use through hardware wallets instead of desktop wallets. It perfectly protects the investor’s Bitcoin, as the percentage of his assets being compromised is very low. Still, the person must not lose the backups containing all the seed phrases of the wallets supporting multisignatures. These must be kept in very safe places and not be lost over time.

Yes, they are indeed making cool money from their influence on social media, but they may also be targeted by numerous unknown individuals in real life. Most of these social media crypto stars lack a good understanding of how security truly works. They might know the basics, but unfortunately, a significant percentage of people who lose their funds are usually such individuals who lack proper knowledge on how to store their funds securely.

In some countries, they might be exposed to potential risks such as kidnapping and much more. It's crucial that as a Bitcoiner, you maintain your privacy and anonymity to avoid becoming a target. Additionally, I recently learned about passphrase security, where an extra word is added to your original seed phrase, creating hidden wallets for you. You can use different words with the same seed phrase, so if an attacker tries to obtain your seed phrase, you can provide them with a decoy seed while still being able to recover your real funds using the seed phrase plus passphrase. It's a really cool technique, but we shouldn't make our holdings known to everyone to avoid such risks.

I am for sure to not bragging to others but my wife and mother , because they are the two person that I ever trust in this world.

if you are doing this just to impress others then you deserve to be in violence , because we are investing for the future and not to make others down of your assets.
thanks for the advises but we are using cold wallets to make it sure that our investments are in safer position.

True, but the most efficient and peaceful way of living while you are doing and enjoying the benefits of bitcoin, is to stay lowkey, no matter what other's will say about bitcoin or no matter how other people can flex their earnings in bitcoin its better to stay low profile so no one will bother you and also you will keep your assets safe, because a little information can be used and used as advantage to hacked you or steal anything from you, especially in social media, many with malicious intents are scattered in social media gathering and using the information's they are getting there so if you really want to be safe then don't flex or share anything about bitcoin in your social medias or anything in internet. That's how I manage to be safe against hackers or people whose intention is to steal from you or take advantage of your information and use it to scam you.

Your assets and swallows are privacy that needs to be maintained, after all, why should you tell the value of assets owned to friends or others.
Wanting to brag about success with Bitcoin to get them interested, I'm not even happy with that kind of chatter.

Very boring when someone asks how you can get bitcoins, how can you get a lot of money with Bitcoin and such.
It will just waste my time without any benefit.

If you are an influencer and need more followers, then this kind of bragging is needed.
But not by publishing your main wallet, but just a number that shows how much crypto assets you have.