So lately I have been thinking about the potential risks of KYC. I'd rather have nobody, including my exchange, know how much bitcoin I have bought historically. If the exchange was ever compromised by hackers then I worry my buying history could make me a target. I'm by no means a large investor, but I'd rather protect my info and be smart from the beginning if the value of my BTC were to grow significantly (which I of course believe it will).
I have considered non-KYC exchanges such as Bisq or Hodl Hodl, but are a little scared off by the increase in complexity when buying. I don't want to make expensive mistakes.
Another thing I have considered is opening accounts at multiple exchanges and not buying everything from the same place, so that if one exchange was ever to have its information leaked it would only show a smaller part of what I actually own.
And then I think that maybe I'm just being paranoid and it is fine for me to buy at reputable exchanges like most others.
Any thoughts or tips?
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