We should never brag anything about it nor tell that we have a lot of bitcoin since we might be at risky situation especially those people we told about it are criminal minded individual. So we should never think about doing it since we cannot get anything in return for doing that.

Much better if we keep silent on everything we do on cryptocurrency scene since nothing more better if we can sleep nicely at night without worrying anything danger that might happen to us. Simple bragging cannot give us any benefits so much better if we shut our mouth on this since sometimes some people may intercept our next move especially if we told them what is the next action we do.

After everything is put in place, the security of your asset needs to be given a high priority because if you do not take it seriously then there is a high chance that you might lose your asset starting from keeping your seed phrase safe and away from online, and very good idea splitting your assets never taught of that, in this business you just have to learn to use your head or they will use it for you and if not that someone is close to me I don't buy the idea of disclosing my assets, because you can become a target.

The value of life is more than anything and you will always get another opportunity to be able to get more assets because the process of trying to resist they might just want to cause you harm since splinting is already suggested.  you won't lose when you find yourself in that situation.  I don't think have heard of anyone being rubbed physically for their Bitcoin so it's either they got hacked or manipulated but if it happens we have to be prepared.

This advic is not just for Bitcoin owners or hodlers but in all aspects of people's financial life. There is no need telling people how much you own because you will be simple calling for unnecessary attention. I prefer to live a simple life that is why I chose Bitcoin because it can hide your worth to a large extent. Bankers know how much you are worth, so banks cannot maintain privacy, but Bitcoin is different because you own the bank.

Pride and loquaciousness are some of the reason why people carelessness reveal what they own. It is now common for people to flaunt wealth on social media because they want to gain accolades. People can now be track easily through the social media because they cheaply give out vital information on these platforms.


This is exactly the same mindset most people have about cryptocurrencies especially Bitcoin in my location. They just assume that anyone who owns Bitcoin is automatically a millionaire. Many of them are not aware that Bitcoin can be bought in bits so they just think you own one Bitcoin and above. I have introduced some persons to Bitcoin but they will never know how much I own because humans are unpredictable.

There are many things that you shouldn't speak about, things that you should keep privately to yourself, like the exact amount of bitcoin or a suggestion of how many bitcoins that you own.

Leaving suggestions of the amount of bitcoins you own can make you a target for whichever of the people you call friends and entertain or even family members to prey on, and you may never know until your bitcoins are gone.

Tell people about bitcoins, but don't over share and leave suggestions of how much you have been able to accumulate.

OP, while I agree with you that it is risky for a Bitcoin investor or a Bitcoin holder to expose his/her assets worth to some trusted friends, it can also be extended meaning the good testimony of yourself you think it was worth sharing amongst you and your friends would not only remain between you as a friendly or family hoods but would be extended from person to person and on that note, someone that might even be related to you might have that evil mindset towards you and not even the primary persons you formally exposed yourself to that would have you for a treasury hunt.

But talking about how you can recover your stolen Bitcoin through which you loose guarded with your seed phrases is worth in doubt about.
I dearly disagrees that a lost fund can be recovered at the basic of you recovering your lost seed phrases again.
What I am sure of is that on a case like this, you can only regain access to your Wallet.

And moreover, Bitcoin does not have a backup phrase instead the blockchain which it is stored as a wallet does. The only option to regain your lost Bitcoin is either by trace through an authorized securities in the blockchain which takes processes and basically not on the track of implying recovery of your seed phrases.

It is a good idea not to openly discuss or flaunt your wealth to others. It helps protect your privacy & security, reducing the risk of becoming a target for theft or scams. It stops jealousy & potential strain in relationships. Also it allows you to focus on genuine connections & meaningful interactions rather than being defined by your financial status.

We should learn on being reserved with what we have invested on bitcoin, its not by force that we should keep announcing ourselves to the world or claiming that we are having a particular rate of investment on bitcoin, we don't need to brag because we are not impressing anyone, instead, doing such could put us more in danger, many have invested in bitcoin because they needed to retain and have their financial privacy back from centralized institutions and government, it will not make any tangible efforts or benefits on us if we go public with what we are up to in bitcoin.

Bragging about Bitcoin means increasing your risk or bringing your own danger. Because there is nothing to be proud of. So don't make the mistake of telling anyone about your own crypto. You are not allowed to reveal how many bitcoins you have in storage. It is most important to keep it secret. Because it helps protect your privacy and security. It also reduces the risk of theft or fraud. Because if someone knows the amount of bitcoin you have, they can track you. To access your wallet or your user to track the wallet or your system. This is why I consider it safe to store BTC in multiple wallets. Although MultiSig is a really great feature that protects an investor's Bitcoin perfectly,.
However, if I'm not mistaken, CitBitCty made a thread on a somewhat similar topic a few days ago. https://bt.irlbtc.com/view/5485048.msg63658943#msg63658943

That's a bad idea, because no matter how much you think you'll get away with giving someone only 10%, what will happen if that person/s decides to check if you're telling the truth or maybe you're lying? There is a very painful game that no one would like to try on themselves - it's called "this finger goes in..." and considering that most of us have 20 fingers in total, the game can be very painful and long-lasting.

A piece of advice sometimes even worth your life - don't brag about your wealth, unless you're a popular showbiz person who lives under protection 24 hours a day.

Lol, that is true. Having coins stored in different wallets can help decrease the losses from theft.
But if I have a multi sig wallet with 2/3 sigs and if we tell the thief that the rest of the 2 keys are at different places.
And that we have to go there in person to retrieve the key then don't you think the thief will get frustrated and leave the place ?
Or may be he will just kill us and leave