this was more for the X crowd, but in case anyone needs a reminder, don't try to leverage trade #Bitcoin.

1. Bitcoin is volatile and the price in fiat is easily manipulated by contracts and high leverage

2. The orderbook is public even to degens that don't pay for the data so you have more people that can try to wreck others and some are probably better at it than you.

3. If you like Bitcoin, know that paper contracts long and short artificially expand the supply. This hurts Bitcoin because more people can have exposure to it than what the supply allows, hiding its true scarce value

4. It's the best performing asset since its launch BUT also volatile and unpredictable at times especially when it diverges against other assets.

5. It's money. It true power cannot be shown when it's wrapped up in traditional financial instruments. You wouldn't go to a store and try to pay with a USD long derivative contract (and you can't use lightning when you don't have real Bitcoin)

6. It's goin up forever Laura. If Bitcoin takes hold in the way it could, everyone should be more than satisfied when they just hold it and over the next decades see their value go up by 10, 100, 1000x and more. If you think this is impossible, you don't get it.