I did a personal coconut experiment.
As a person who has a steady history of very healthy cholesterol levels, I decided to experiment adding coconut and coconut products last year. As the new nutrition "experts" will tell us - coconut is made up of medium chain triglycerides, which will be burned as fuel and won't clog our arteries. (You should note that most cardiologists do not agree). So during 2015 I more than occasionally cooked with coconut oil, ate raw and dried coconut, ate coconut butter and swished with coconut oil - (I also got a cavity for the first time in 10 years which is story for another time). When I went for my annual physical my HDL (good) cholesterol went UP which is great - BUT so did my bad, which isn't so great. My triglycerides (although always very low were also up 10 points). Although my ratios were still fantastic, I was for the first time in my life very close to the 200 total cholesterol mark.
During 2016 I stopped using and eating coconut except for rare occasions. This year, my ratio is still excellent, but my HDL, LDL and Triglycerides dropped 10 points each - 30 points in total!
So should you or shouldn't you? It's not my place to advise you, but I will tell you from experience, that for my body, I'll stick with enjoying it on occasion instead of daily.