Coconut is a popular flavor in drinks and cocktails and can add a delicious tropical nuance to your drink. You can use coconut in several ways, including coconut milk, coconut water and coconut syrup. Since coconut has an intense flavor, it's important to be careful with the amount you add to your drink. Some people are also allergic to coconut, so it is important to be aware and inform your guests about the ingredients in your drink if you are serving it to others. Use coconut wisely and experiment with different combinations to find the perfect balance in your coconut-based drinks.