Hedging for Downturns: I view Bitcoin’s volatility as part of the long-term growth story. To manage it, I keep an emergency fund, just in case I need liquidity during a downturn. This way, I’m not forced to sell Bitcoin at an inopportune time.

Purchases: For daily expenses, I convert small amounts of Bitcoin when needed, either through Bitcoin debit cards or conversion apps, which make it seamless. I keep the process flexible, adapting to the best available options.

Taxation: I work closely with a tax professional (tax strategy consultant) who understands regulations to ensure I’m fully compliant. Every jurisdiction is different, so planning is key.

Reply to this note

Please Login to reply.

Discussion

No replies yet.