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Author Topic: Why you need to keep your crypto investment discreet  (Read 781 times)
dumpsterhawk
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May 11, 2025, 12:45:09 PM
 #81

These are normal precautions, quite understandable to reasonable people.
Exactly. There is not one good reason to flash your wealth, but there are many bad reasons such as vanity.

An OnlyFan streamer, Amouranth some time last year tweeted about her crypto holdings, which was basically 211.04 BTC and 22.90 ETH.
OMG. 211.04 BTC
Questionable if it is true, but in any case it should not be advertised by anyone except by those that are mandated by law to do so.

Bragging always ends badly. Someone else's enrichment only makes people jealous, not delighted or happy for the well-being of another person. What's the point of bragging if it doesn't bode well? The streamer was probably trying to make money by attracting subscribers and monetizing his channel.
I agree fully with this, even without external consequences it is slowly poisoning you as a human being. Social media and all this bragging online has significantly worsened a majority of the human population.
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May 11, 2025, 01:16:03 PM
 #82

A new kidnapping in France (in Paris) of a father whose son made his fortune with cryptocurrencies. No ransom was reportedly paid, but the unfortunate victim was mutilated and held hostage for 2 days. (May 4, 2025)

Source : https://www.lemonde.fr/en/france/article/2025/05/04/abducted-dad-of-crypto-firm-boss-freed-in-french-police-raid_6740891_7.html

Quote
"The victim appears to be the father of a man who made his fortune in cryptocurrencies, with the crime involving a ransom demand," the prosecutors' statement said. Le Parisien newspaper reported that the kidnappers had demanded a ransom of between €5 million and €7 million.


This is just unfortunate news that can produce consequential effects in the cryptocurrency sphere.

While we do advocate the use of cryptocurrencies and its widespread use across different platforms, this kind of effect will produce a so-called "chilling effect" where people would fear for their lives once they share anything related to cryptocurrencies. This could also produce some sort of bias in the minds of these criminals that people who share any crypto news would have some cryptocurrencies on their respective storages.

I just hope that there will be tighter and stricter execution of laws against these scammers and criminals so that these kinds of crime would lessen.

 
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Zanab247
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May 11, 2025, 01:39:30 PM
 #83

I see the warning about not flaunt our wealth online because that will attract bad people to do something bad to us. We don't have risk our life doing that and choose to silent without telling our crypto.

We need to protect ourselves from bad people as a closer friend can turn become a bad guy if that is related to money. That is why we must not show our wealth in online or offline because we don't know who will become the bad guy.
It attract scammers and robbers to look for way to gain access to your asset, because online is a big place where different people of the world are operating. Even though people don't know where you live in the country, your family members that saw those assets online will surely think negatively toward your assets by hiring some bad guys to collect those assets.

Especially in the aspect of assets, we should do everything possible to make them secret to anybody because you only know yourself, but you don't know your family members or friends mind to trust them for such thing.


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dumpsterhawk
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May 11, 2025, 02:59:31 PM
 #84

It attract scammers and robbers to look for way to gain access to your asset, because online is a big place where different people of the world are operating. Even though people don't know where you live in the country, your family members that saw those assets online will surely think negatively toward your assets by hiring some bad guys to collect those assets.
What kind of messed up family do you need to have, for your first suspect to be your family members?

Especially in the aspect of assets, we should do everything possible to make them secret to anybody because you only know yourself, but you don't know your family members or friends mind to trust them for such thing.
While I agree that you should hide this information, if you are suspecting anyone from your circles such as your family members then you need to stop having relationships with such people.

While we do advocate the use of cryptocurrencies and its widespread use across different platforms, this kind of effect will produce a so-called "chilling effect" where people would fear for their lives once they share anything related to cryptocurrencies. This could also produce some sort of bias in the minds of these criminals that people who share any crypto news would have some cryptocurrencies on their respective storages.
No. This is nothing special, if you flaunt any kind of wealth you are going to become a target for all sorts of illegal activities.
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May 12, 2025, 05:13:38 PM
 #85

There is this feeling of always wanting to show others that we have arrived, so that those people will look highly on us some of the root cause of this is inferiority complex. I don't really see the reason why some people will choose to expose themselves to danger all in the name of ego, the person in questions what was the person thinking.

People don’t understand some factors that result in something happening to us; you are right with the point you bring up. Many don’t have the mind to hide what they have to avoid many things. Many people want people to know that they have some certain things for themselves.

However, they feel like exposing themselves or letting people know what they have or what they are doing to make money is not a big deal, but to me, regardless of the society, I won’t disclose what I have or where I earn money to escape some calamities. Even if you think your area where you stay is safe, there must be someone who doesn’t want to see you progressing in life.

R


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May 13, 2025, 11:10:23 PM
 #86

...Are you doing it to show off? Think again...

It really looks silly to brag in front of people you don't know yourself. Anyway, should not advertise your financial achievements, as you need to remember that "Smart money stays quiet".

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May 13, 2025, 11:45:01 PM
 #87


Are you doing it to show off? Think again. Do not put your life and that of your loved ones in danger. Be discreet with your crypto investment.
Even if you don't want to do it for yourself please do it for your loved ones.
You may be a crypto millionaire and can afford to walk around with a private security all day long but how about those your loved ones that don't have this security with them.
They are an easy target to get to you. I watched a video of a French crypto millionaire whose pregnant daughter was almost abducted.
If they don't know what you have or who you are (if you are not public figure already), they won't be interested in you.

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May 14, 2025, 08:45:13 PM
 #88

No, I don't want to show off my crypto or tell about my crypto to others. I better hide it from people and keep it for myself. I only tell about crypto to my closest people. Yes, we must be wise with our crypto investment. That is a high secret and we must know where we can share.

I don't want to get a bad experience showing off my crypto investment online. That will give risk for me because I will not know who will have a bad intention to me.
No one will naturally want to show off their crypto investment, unless the fellow is naturally boastful and flashy.
Another big reason is someone having an online investment platform and wants to show results to people in order to make them believe and come to patronize his company. This is the only legit reason that can make me flaunt my crypto earnings online. Even at that, I will have to be smart about it.

R


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[/quote]
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Becassine
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May 14, 2025, 10:36:16 PM
 #89

As someone who's more of an old-school person, I'm always extremely surprised by people who showcase their real or fake luxurious lives on social media. Bragging has always existed, even before social media, but now we see people pretending, renting Airbnbs or fake jets to talk nonsense. I also remember the story of a very young girl who took the keys to a luxury villa to film a video for her Instagram account because her mother was a real estate agent for a luxury agency. The mother lost her job.
In short, showing off is not only ridiculous, but potentially dangerous.
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May 15, 2025, 04:32:10 PM
 #90

...Are you doing it to show off? Think again...

It really looks silly to brag in front of people you don't know yourself. Anyway, should not advertise your financial achievements, as you need to remember that "Smart money stays quiet".
Right, it’s definitely silly to think about it but then again, some people still chose to flaunt their wealth online wishing they could inspire others, but envy and jealousy develop instead. The truth is, it’s seldom to see other people happy with your achievements, majority are seeing it the opposite way around. So there’s no reason to share what you have, it will only make your life miserable in the end.

Just stay low key. While your achievements matter to you, but for others they only see it like you’re competing with them. Worst is, that will only put your life into danger, as well as those people around you.

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May 15, 2025, 08:00:23 PM
 #91

According to a popular Nigerian proverb "Fly wey no dey hear word na im dey follow dead body enter inside grave." What this means is, any one that doesn't heed to advice will one day come to a terrible end.

I believe some of us are already familiar with the warning not to flaunt our wealth online because of the dangers it pose. For those that are yet to heed to this advice, maybe this story would help you have a rethink.

An OnlyFan streamer, Amouranth some time last year tweeted about her crypto holdings, which was basically 211.04 BTC and 22.90 ETH.


https://x.com/Amouranth/status/1861163158640926776?t=DtwAQ91qp0_9va1Rs1miBg&s=19

As a result of displaying her crypto portfolio online, she was robbed at gun point at her home. She got beaten and also suffered some bruises but thank God she fended off the attack. Below is the video footage of the robbery captured by CCTV camera.
https://x.com/Amouranth/status/1896600968797561248?t=d6qtzi7fE9qWT2hjArPp7A&s=19

Are you doing it to show off? Think again. Do not put your life and that of your loved ones in danger. Be discreet with your crypto investment.

I’ve always told my closest friends that it’s best to keep a low profile. Anonymity is the best but people will rather show off to feel a temporary sense of superiority. I’ve seen cases similar to this where their accounts get hacked and there wiped off their whole life investments but most will still not learn.

Yes, the reason some people play to the gallery with asset in crypto and fall victim is perhaps lack of proper knowledge and over estimation of self.
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May 15, 2025, 10:05:26 PM
 #92

Yes, the reason some people play to the gallery with asset in crypto and fall victim is perhaps lack of proper knowledge and over estimation of self.
They don't know how to respect their own privacy. If they have just kept it to themselves, then there is nothing to worry about when people don't know anything about you.

About the assets that you own and about everything that you own. The belief that we have to show it to the public is a pride and don't let that pride eat you.

When pride comes in to us, we'll do crazy things that we're not thinking anymore of what we do. So, be careful and don't flaunt your assets into the public of whatever amount is that. Respect yourself, respect your privacy and be safe.

 
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May 15, 2025, 11:16:21 PM
 #93

According to a popular Nigerian proverb "Fly wey no dey hear word na im dey follow dead body enter inside grave." What this means is, any one that doesn't heed to advice will one day come to a terrible end.

I believe some of us are already familiar with the warning not to flaunt our wealth online because of the dangers it pose. For those that are yet to heed to this advice, maybe this story would help you have a rethink.

An OnlyFan streamer, Amouranth some time last year tweeted about her crypto holdings, which was basically 211.04 BTC and 22.90 ETH.

As a result of displaying her crypto portfolio online, she was robbed at gun point at her home. She got beaten and also suffered some bruises but thank God she fended off the attack. Below is the video footage of the robbery captured by CCTV camera.
https://x.com/Amouranth/status/1896600968797561248?t=d6qtzi7fE9qWT2hjArPp7A&s=19

Are you doing it to show off? Think again. Do not put your life and that of your loved ones in danger. Be discreet with your crypto investment.
It's absolutely wrong to do this, because this will eventually lead to you becoming the center of attention for such Robbery attacks, draws scamers attention, increase cyber beggers in your dm, become kidnappers victim or even lead to your death, it is highly recommended we totally avoid doing this, especially those that leave in none well secured areas or countries where their system of security operations are is porous.

 
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Baki202
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May 16, 2025, 01:35:38 PM
 #94

It really looks silly to brag in front of people you don't know yourself. Anyway, should not advertise your financial achievements, as you need to remember that "Smart money stays quiet".

The reason why most people brag about there assets most times is for them to command respect and you might get the respect you want but another thing is the attention that the risk comes with, the moment you become a target. And when you are quite about everything and when you stay quite then you are able to keep your self in a safe situation. I don't know why people are loving attention and there is a lot of reason why people have decided stay quite.











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May 17, 2025, 03:32:28 AM
 #95


Are you doing it to show off? Think again. Do not put your life and that of your loved ones in danger. Be discreet with your crypto investment.
You have done a very good research and brought it to the fore. There are many people who show off, show off in front of people they don't even know or just for show. Recently, a similar incident happened to a friend of mine.

The criminals were not far away, they were close friends. They knew that my friend earns a good amount of money every month. And he does it from crypto. One day, they suddenly called him and kept him locked up for the whole day, luckily he was able to escape a little bit and left his mobile with them. Although life comes first than money, but we ourselves are responsible for all these things. My friend was able to recover all his funds, but this harassment, even after having his own money, he himself is harassed.

If you want to do everything, then buy something and show it off, but I think it's better not to show your holdings or money directly.

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May 17, 2025, 12:42:00 PM
 #96

The reason why most people brag about there assets most times is for them to command respect and you might get the respect you want but another thing is the attention that the risk comes with, the moment you become a target.
They are commanding respect, and they are endangering their life’s, their are some things that are not just suppose to be made public, we all know how criminals are targeting crypto holders, so if you holding any coin, then always make it hidden. The person that got rubbed was just lucky that she wasn’t killed, am sure she will have learn from her mistake, she won’t really repeat that again, when you are wealthy, you should always learn to stay lowkey, don’t always make everything about you public.

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every day until
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|

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Muba20
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May 17, 2025, 04:39:50 PM
 #97

The reason why most people brag about there assets most times is for them to command respect and you might get the respect you want but another thing is the attention that the risk comes with, the moment you become a target.
They are commanding respect, and they are endangering their life’s, their are some things that are not just suppose to be made public, we all know how criminals are targeting crypto holders, so if you holding any coin, then always make it hidden. The person that got rubbed was just lucky that she wasn’t killed, am sure she will have learn from her mistake, she won’t really repeat that again, when you are wealthy, you should always learn to stay lowkey, don’t always make everything about you public.
In the conventional system, people could not hide their wealth even if they wanted. There was no way through which they could keep their wealth completely safe. But since Bitcoin was invented, people can provide 100% protection to their wealth if they want. But it doesn't matter the platform, if the investor himself reveals all his wealth information, he can no longer keep himself secret. I don't know how people who disclose their personal financial information to others make this mistake.

Nowadays, those who are bad always looking for people where they can attack and snatch their money. In this situation, if anyone has given his financial information, then soon he will be cheated by someone. In some cases, it will be a life-threatening situation.











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SuperBitMan
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May 17, 2025, 05:13:44 PM
 #98

It is very wrong to show your crypto wallet balance online for people to see, some people do this in other to show off so people can call them rich or wealthy forgetting that there's a big danger involve in doing that, and again not only showing your crypto wallet balance online that is wrong telling people any where you go about it is also wrong and very dangerous, I heard of someone some time ago that was telling people about the number of Bitcoin his holding in his wallet and that was how he was kidnapped and he was asked to transfer all his Bitcoin to a particular wallet address and he did it, so please let's be very careful even your family members don't tell them the amount of Bitcoin you are holding Because you never can tell who will want to take it alway from you.
One thing about people is that they don't listen to advise some set of people will see this thread and read the news but still they will want to do it because they believe nothing will happen to him.

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Ever-young
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May 17, 2025, 11:45:51 PM
 #99

It really looks silly to brag in front of people you don't know yourself. Anyway, should not advertise your financial achievements, as you need to remember that "Smart money stays quiet".
They say those with the fastest bag don’t even tell the story of how large their bag is, people see their achievements and success and assume their worth those who make public noise are looking for attention which they most times eventually end up getting that attention but from the wrong audience which they where expecting it from, first their intention might be to appear rich in the eye of their subscribers but at the end they made their self a target in the hands of those willing to collect.
Sticky Bomb
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May 18, 2025, 09:37:57 AM
 #100

She's an only fans streamer and stupidly think that all her fans were her supporters, little did she know there were others looking for the slightest opportunity to exploit her. Anyways she got what she wanted which is more attention, and the attackers took the attention to a physical disposition. It is not over yet, she should anticipate further attacks since some people have successfully tracked her to her home and she would remain in their radar.

There are news about crypto holders being attacked here and there and one thing is common with most of them, they failed to take privacy very serious. No matter how privacy is preached, people would still be very careless and want to show off at intervals, undermining their safety.

She should be prepared for more, I don't think it is over yet, or she can consider relocating to another environment to increase her chances on safety

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