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Don't disclose your holdings on /cc

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by COINS NEWS 102 Views

This should go without saying but don't disclose how many coins or the value of your portfolio online, on reddit or this sub. Unfortunately, I've seen at least 3 people TODAY do exactly that and it's just foolish.

To begin, there's absolutely no reason to do so other than trying to gain clout or "win" an argument by saying "I have $1bil in BTC, so I'm right!" The fact that you'd disclose this on a public forum suggests you likely have a small penis and an even smaller brain.

Second, this puts a MASSIVE target on your back for scammers. It's basically like saying I'm stupid and wealthy, please try and steal my money/crypto. It's pure hubris to assume you're bullet proof when blockchains and exchanges with cyber security experts get hacked. If they can, so can you. That's why it's literally in the subreddit rules lol.

Anyways, thanks for coming to my TED Talk.

Be safe. Be smart. Not your keys, not your crypto. Etc.

Edit: I'm sorry to everyone I offended with the small penis comment. It was only intended for people who act like idiots who have a small penis, not the small penis general population. Thanks!

Edit 2: for everyone getting butthurt about this advice, it's just advice, no one is forcing you to do anything. Yes, it's unlikely that sharing the value of your portfolio will result in your getting scammed. However, the risk/reward ratio is firmly in the not sharing camp. You get nothing out of sharing it but may open yourself up to the risk of a hack or scam if you do. You don't even have to take any action not to share it, you just don't share it. Also, yes the blockchain is public but you'd have to sift through so many addresses to find a worthy target. It's much easier to wait for someone to say they have a 6 figure portfolio and go from there as it's low hanging fruit. Finally, if this NEVER happened, they wouldn't have don't share the value of your portfolio in the subreddit rules lol.

submitted by /u/-Resident-One-
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