Hide text fragment from guests

I am referring to a part of the text of a publication. I understand that I can set confidence levels and other things for a whole topic or categories; but I need just a part of the text.

For example, among other things, I want to run a contest, and I want the steps to only be visible to registered people, those who are not must register to know how to participate; but I can’t make the entire contest private, because then visitors won’t even know it’s active nor will they know what it is about.