If you have all your trips set to “Only me”, no one except you can see that location. If that trip is set to “Followers”, only your followers can see that location. If you’ve set it to “Everyone”, anyone can see that location.
If you decide to share your trip with others but want to hide your home location, you can choose to hide the start location of your trip. Here’s how.
Here’s a short instruction video on how to adjust the privacy setting of a trip