E de very important to learn about anything wey you de put your money inside so as a Bitcoin holder or investor you need to understand how e de work. Na decentralized digital currency wey get limited supply, e don become store of value and na hedge against inflation.

Anything wey be money matter risk must de involved no matter how small or big so Bitcoin holders suppose to understand di areas of risks. Your wallet be di access to your Bitcoin for inside Blockchain and if anything happen to am you fit to lose your Bitcoin forever. Make you no store your seed phrase online, instead make you hide am for more than one safe locations. Also you need to crosscheck your wallet address before you send coins to another wallet address because Bitcoin transaction no get reversal. No store your Bitcoin inside exchanges because if e no be your keys no be your coins, leave your coins inside none custodial wallets.

Bitcoin de volatile because na demand and supply de determine price so you go de expect di value of your Bitcoin to de change from time to time. No need to panic when e dip because Bitcoin get potentials to recover, rally and reach new ATH.

As a Bitcoin holder you suppose to know say hacks and scams plenty for di crypto industry so make you de careful about wetin you de click because hackers fit to gain access to your wallet and move all your coins.

If your coins de inside your none custodial wallet and you de do p2p transactions with a second party nothing concern you with government tax because Bitcoin de decentralized. Tax matters as far as I de concerned na if you de do transactions and trading through exchanges.