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.