Mike on Nostr: I should also point out negatives and pitfalls. #Bitcoin can go down in price as well ...

I should also point out negatives and pitfalls.

#Bitcoin can go down in price as well as up, so move some received #Bitcoin to fiat when you receive it to pay for bills and other expenses. Only hold profits in #Bitcoin until you are more comfortable with it as a currency.

Also, there is no authority, such as a bank involved, so if you make a mistake, like send #Bitcoin to a wrong address, it is gone. Nobody can help you.