Most people in the investment world understand the satisfaction of seeing positive returns in their portfolio.

Some even experience the urge to share those gains publicly, perhaps with a quick screenshot.

“Hey, remember that time you dismissed me? Well, guess what? I’m doing great now! Maybe I’m still a little quirky… but I’m quirky and successful, okay?”

That’s the general idea.

There’s the public flaunting of profits. But then there’s a far more serious and concerning reality.

Alena Vranova, the founder of SatoshiLabs, highlighted this at the Baltic Honeybadger 2025 conference held in Latvia:

“Each week, at least one individual involved with Bitcoin globally experiences kidnapping, torture, extortion, or even worse fates.”

And if you’re thinking, “Relax, I’m not some early Bitcoin millionaire. No one would bother with me!” – that’s precisely the point. They might.

Alena emphasized that this isn’t solely an issue for wealthy early Bitcoin adopters; people have been abducted for as little as $6,000 worth of cryptocurrency.

Dog shocked

So, how do criminals identify you as someone holding Bitcoin?

That screenshot you posted. Or that time you mentioned it to a stranger at a local bar.

Also, potentially due to data breaches affecting centralized cryptocurrency exchanges, which collect sensitive user information to comply with Know Your Customer (KYC) regulations.

Shocked kid sipping a milkshake

Worried? Don’t be alarmed.

Instead, channel that energy into taking proactive security measures:

πŸ‘‰ Maintain a low profile online and in real life – avoid posting about your holdings, wallet addresses, or profitable trades. Refrain from discussing β€œhow much I made in Bitcoin” with unfamiliar people.

πŸ‘‰ Minimize your exposure – opt for exchanges and services that demand less personal data when legally permissible, and prevent linking your real-world identity to your wallets or accounts.

πŸ‘‰ Segregate and protect your crypto assets – store the majority of your cryptocurrency in cold storage, maintain a smaller, readily accessible hot wallet for trading, and enable two-factor authentication (2FA) along with withdrawal whitelists.

πŸ‘‰ Audit your digital presence – search for yourself on search engines, review your usernames, and remove any outdated posts that could reveal financial information.

πŸ‘‰ Prioritize your physical safety – enhance your home security (use safes, secure locks, and alarm systems). While traveling, conceal your seed phrases and hardware devices in discreet locations.

Because while crypto profits are rewarding, being around to enjoy them is even better. Prioritize security over bragging rights – every. single. time!

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