The most expensive mistake in crypto is misclassifying the asset. Bitcoin was sold as an inflation hedge. In 2022, inflation hit about 9% and Bitcoin fell roughly 65%. It behaved like a risk asset. Ask three questions before allocating: 1. What role is this asset playing: growth, hedge, or settlement?? 2. Can we hold through a 50% drawdown without forced selling?? 3. Does the use case (payments, access to hard currency) hold up on its own evidence?? I'm still pro-crypto. I just want it judged on its record, not its marketing.