Looking at the economic situation in my country, I am also more careful about asset ownership. There are a lot of things that could happen to us and I agree with that. Even without online information, because revealing ownership of bitcoin assets offline unintentionally in front of people also triggers crimes. As you talk financial investments in front of neighbors, people nearby are also potentially similar things. So ownership data is not always disclosed online, but offline information is a greater chance of risk. The point is that we must be able to limit sensitive information.

People should be more conscious in my opinion, don't flaunt money easily and even if you do, make sure you are anonymous, but always best not to flaunt it at all. There are a lot of people who are desperate with money willing to thread into the dark path and they target the closest one they could go after which is people who flaunt their money because they knew the money is in the victim's hand.

These wrench attacks are very serious, and so far 72 recorded case in 2025, and 52 in just first half of this year, it spiked dramatically and mostly happened in france. The unrecorded case will be higher than that numbers. It's a real threat and any crypto holder should put attention into it, don't be the next victim.

People thinks about convenience having Bitcoin so they let exchanges keep their Bitcoin. They don't want to do more that can confusing them and choose the easy way. But the easy way sometimes can't protect their Bitcoin when the hacker penetrate to the site or scams them.

We must protect Bitcoin by ourselves and not let third parties do it, many people lost Bitcoin because of scam or hack and that is because an easy and simple things that they actually can do it.

We must keep quiet and not telling others that we have Bitcoin, that is prevention we must do to keep our Bitcoin safe.

Let's not compare BITCOIN Heist to Fiat Heist, large amount of money isn't for home keep, that's why we have banks, if criminals want to hunt down large amount of fiat they need to go for a bank heist, atleast your family will be saved unlike the victim whose all family members are killed leaving a boy behind.

Bitcoin, even if it is 1 million dollars will always be kept at home, we don't know what we are joking with here, wrench attack will become so popular in the future that many won't even trust their own family members, erase the idea of talking about crypto, pretend as if you quit crypto already because been a target is not always a coincidence, it's a planned work.

If that becomes a problem, doesn't that mean it's the disadvantage of holding Bitcoin? Privacy is important, but if that makes you worry, overthink all the time, scared of everything related to your coins, then maybe Bitcoin is not for you. We saw many posts of people flexing on social media, it's just like a casual everyday post you don't think of. But once it's about flexing BTC, it starts raising fears that people can be this and that. I mean, privacy is important, we need to protect it, doesn't need to hide, just don't share any important private info. But maybe we need to think again, just because someone posted "I own 1 BTC", does it automatically make them a target of bad people? Just because you pay in BTC at an offline shop, do you automatically become a target of bad people, like they think, "look, this person has BTC, let's raid him". If that happens, BTC would never fit for offline transactions, to replace any medium of exchange that exists now.

For me, it's like you tried avoiding a gay guy just because you are a man and are scared that gay guy would be interested in you. I am not gay, but I think gay people are also selective and have their own type.

Also BTW, I store my BTC in decentralized wallets and CEXs. On CEXs, I already leave it there for ~10 years. Two of them were hacked a few years ago, but the CEX is still running and can resolve the problem. So far and hopefully it's okay. As the comparison, and you already know it, some ColdCard Wallet users lost their BTC. So in this case, based on this experience, my BTC at CEX is safer than in a Decentralized Wallet. For me, all this thing is just about survivorship bias. CMIIW.

Life has changed, and some individuals need to understand that we live in world where anyone can do anything to get what they want. Some individuals can not keep quiet when they are holding bitcoin, they will let people to know that they are holding bitcoin, some people will use it to mocked their friends to see their reactions, and not knowing that they are exposing themselves to the public, one thing we should know is that people do not joke about something valuable, especially like money or something that has the potential to change their lives. I believe those who were killed were most likely planned by someone who is very close to them, which is why you should never trust anyone.

Add this: "I’m not a criminal, after all, so I have nothing to hide. Privacy and confidentiality are only needed by criminals only".

The regulator’s media propaganda is doing its dirty work.
 
Therefore, KYC is an EVIL imposed upon us.

Even if this bitcoins isn't worth millions, but merely a few thousand (or even just a few hundred) dollars.

It doesn't necessarily have to be a case of "evil people whose profession is doing evil". Crimes are committed by the very same kinds of people who surround you, meaning any one of them could pose a potential threat. It is foolish to find yourself in a bad situation simply because of a few words spoken (or actions taken) casually. Therefore, you should approach information security as if there is a "potential threat" all around you - one that could come from anyone.

It is better to be overly paranoid than a victim.

On this forum, which the whole world can read, one can sometimes see threads featuring polls and discussions about who holds how much bitcoins.

Every crypto holders that are not taking this information and advice seriously are putting themselves in harm's way because from authentic reports that are shared globally it is clear that it is bad idea to flaunt your crypto worth in the public, you should even be careful about those that are close to you. Many criminals believe that cryptocurrency transactions on none custodial wallets are not traceable like bank accounts and exchanges which requires your KYC requirements, this must be one of the major reasons why attacks on crypto holders is on the increase. Let us not take chances so that we won't make headlines for the wrong thing, these wrench attacks can lead to death so it is not something to take lightly.

Almost everyone in the world knows about Bitcoin, but I like the privacy about it a lot. If you don't like Bitcoin privacy then you will be in a lot of risk, because people around you can harm you. That's why holding Bitcoin privately or secretly is very important, it reveals a lot of security in the future.
I hold Bitcoin, only a few people know about it, which is limited to my family. So of course everyone should take this information seriously, the more safely you can store your Bitcoin, the more securely you can maintain your Bitcoin investment in the future.

The story in the link did not mention Bitcoin, and there were no reports that he stole any crypto from the attack. This is terrible news, as the suspect Diego Sebastián Rosen Ferlini was alleged to have killed Jonathan Meléndez, his wife, daughter, and even their dog. The crime might be the result of a business deal, debt, or other financial transaction.

That being said, I am a diehard supporter of privacy. Centralised platforms like exchanges and conventional banks could give out users' data. These are the lapses Bitcoin came to solve. Live a modest life, keep your mouth shut, and do all you can to use decentralised platforms.