#SecureYourTokens #SecureYourAssets

1. Lost Bitcoin Can’t Be Recovered

If you lose access to your private key or seed phrase, your Bitcoin is gone forever. About 20% of all Bitcoin is estimated to be lost this way. Always store your seed phrase safely!

2. You Can Buy Bitcoin Anonymously

While exchanges require KYC (Know Your Customer), you can still buy Bitcoin anonymously using peer-to-peer (P2P) platforms, Bitcoin ATMs (if they don’t require ID), or decentralized exchanges.

3. Bitcoin Can Be Stored Offline (Cold Storage)

The safest way to store Bitcoin is in cold storage (hardware wallets or paper wallets). These are completely offline and immune to hacks.

4. Bitcoin Transactions Aren’t 100% Private

Even though Bitcoin transactions don’t show names, they are recorded on a public ledger (blockchain). If someone links your wallet address to you, they can track all your transactions. Privacy-focused tools like CoinJoin or Monero can help increase anonymity.

5. Bitcoin Can Be Lost to Dust Attacks

A "dust attack" happens when tiny amounts of Bitcoin (dust) are sent to many wallets. If you unknowingly combine dust with your real Bitcoin in a transaction, it can reveal your wallet connections. Be cautious about spending dust.

6. There Are Bitcoin "Time-Locked" Transactions

You can create Bitcoin transactions that can’t be spent until a specific future date. This is useful for inheritance planning or smart contracts.

7. Bitcoin Mining Isn't Profitable for Most People

Unless you have cheap electricity and specialized mining hardware, solo mining is not profitable. Most miners join mining pools to get steady rewards.

8. You Can Run a Bitcoin Node to Improve Privacy

Running your own Bitcoin full node lets you verify transactions yourself without relying on third-party services, improving security and privacy.