Bitcoin, an internet currency built on the innovative blockchain system, operates within an open-source, flawless, and secure framework. While the Bitcoin system itself is robust, potential security risks emerge during storage if not handled properly. Given that BTC is solely stored digitally, there are inherent risks such as data loss, hacking, or being compromised through misuse of exchanges. Additionally, the high volatility of cryptocurrencies poses another challenge.

Despite these risks, BTC remains one of the safest options when compared to conventional payment methods. You can mitigate BTC-related risks by staying informed about the future of money. For instance:

• Always use a hardware wallet for storing your coins, such as Ledger Nano or Trezor, and avoid storing them on an exchange.
• To mitigate volatility, consider exchanging your Bitcoin for a Stable-Coin like USDT, which maintains a stable value of 1 USD. This strategy protects you against volatility risks, allowing you to return to Bitcoin when ready to make a purchase. However, for long-term holding, this may not be the recommended option, as Bitcoin has historically been the best-performing asset in human history.