Some things you shouldn't use Bitcoin for: * Emergency cash reserve * Save to buy a Lambo next year Some things it can be reasonable to use Bitcoin for: * Protection from political risks * As part of balanced portfolio, save for >4 year goals e.g. retirement, education, legacy
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how about for buying alts?
Risk is higher over both short & long terms. Probably only a good idea if you have a direct reason for needing them, e.g. you personally or your own organization itself needs the privacy features of Monero or the smart contract features of Ethereum or Ethereum Classic.
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And Ethereum Classic (ETC), similar to Bitcoin, for high value, high security use cases. Ethereum, perhaps for higher performance when they migrate to ETH 2.0.https://etherplan.com/2019/07/23/ethereum-classic-vs-ethereum-2-0-what-is-the-difference/8425/ …
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