$BTC #btc
Bitcoin is a highly volatile asset, suitable **only for risk capital**. Its primary use is as a long-term store of value or for fast cross-border transactions. **It is not a currency for daily use**. Before investing:
1. **Educate yourself**: Understand blockchain and risks.
2. **Diversify**: Never allocate more than 5% of your portfolio.
3. **Store securely**: Use *hardware wallets*, not exchanges.
4. **Verify legality**: Comply with local tax regulations.
Consider its exposure to cyberattacks and changing regulations. **It is not for essential savings or for risk-averse individuals**. Use it with extreme caution and a perspective of 5+ years.
Key takeaways:
- 🔐 **Security > Convenience**
- 📉 **Extreme volatility** (can lose 30% in hours)
- 🌍 **Real utility**: Remittances/inflation protection in unstable economies.
- ⚠️ **Never invest what you cannot afford to lose**.
*Based on analysis from CoinMetrics (2024) and warnings from the SEC.*