How to prevent an entity from knowing how much coin you have..?

I am just getting started in crypto, and correct me if I'm wrong, but if I purchase all my bitcoin from the same exchange, than if that exchange was hacked (or otherwise allowed access to all balances and owners) then how much coin I have would be available knowledge.

I take it it makes sense to purchase coin from multiple exchanges. What are your strategies for diversifying your purchases? (If there is really a reason to do so…)


submitted by /u/Underscored_323
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