Buy the DIP, and HODL!

[Hardyrobust]

[=laspol65 link=topic=5132720.msg65867366#msg65867366 date=1759312581]
 
Investing with your emergency fund is not a total bad idea at all because after you have might paid all your bills and the money remaining becomes your discretionary income and inside that your discretionary income you can still generate out your emergency fund and started investing in the last 6 months and think you to invest using your emergency fund so that it multiple more income since you are not using it at the main time, you can invest with the emergency fund and tage it emergency fund which means it can be pull out if incase of unforeseen circumstances that might happen, so the reason why we should invest emergency fund is to back your really investment incase of anything, so you can decide on what to do with your emergency fund as per dividual convenient or best know to you, if actually you needed your emergency to in cash but left with me, i will say that once you progress with your Bitcoin portfolio that there are always a need to invest to have emergency fund.


While am struggling to really understand your point the fact is that it is wrong to invest with your emergency funds and there is no smartness in doing this at all it is called an emergency funds for a reason which means it has to be ready for the real reason of it's purpose, you sound as if you know when emergency will happen, nobody knows when this will happen and the level to which it will happen investing it is risky and it is not a good thing to do and is a total bad idea and advice if you ask me.

it is wrong to invest in bitcoin using emergency funds. There are times some people may think that they can be able to replace there emergency funds before an emergent situation, however no one can tell when an emergency will occur I believe that's the reason behind the name emergency funds. Using it for other purposes other than the purpose it is meant for is a very big mistake and I do wonder while some people will make the mistake of using there emergency funds to invest instead of there discretionary income.

[Jewan420]

If a 20 year old boy earns $25000 per month and wants to invest 25% from there then he must bring negative changes in his account. Which will be a little difficult for him.

If I were that guy, I would have bought at least 1 Bitcoin with full money for at least 4 months without spending anything. Because if I earn $25k per month, it would take me only 4 months to buy 1 Bitcoin (worth $100k). Since I am still a young man of 20, it is normal for me to have a parent to support me and I would have done it without spending anything. This was really an unrealistic example! Earning $25k is not an easy task.

Investing 25% of our income can be difficult for any person if you have a family responsibility. Because you have to meet the daily needs of the family, from where most of the income goes. Even to invest 25% of your income, you need to have at least 35-40 percent of your income under discretionary money. Because we cannot ignore backup funds. It would be wrong to make such calculations for investments. Rather, you can make various calculations on discretionary money. Keep making necessary expenses without any complicated calculations and plan to set aside prudent money each month for investment.

[Becky Wealth]

I get where you’re coming from about diversifying, but from my own experience in 2025 that still doesn’t replace a real emergency fund. Other ‘profitable’ assets can also drop or get locked up right when you need them most. I keep a small cash emergency fund separate so I’m never forced to sell my Bitcoin at a bad time. It’s boring, but it works.

Emergency funds are indeed better if they are in cash and not invested in any assets. Investing emergency funds in certain assets does have the potential to generate profits. However, doing so is still very risky. So, the bottom line is that emergency funds remain emergency funds and should not be used for any other assets or for anything else. Emergency funds are used when we are experiencing an emergency. So, the point is, don't play around with emergency funds, even if it's for positive purposes, such as investing. Let emergency funds settle, and if possible, we should continue to increase them little by little to cover the value eroded by inflation. It's undeniable that inflation will continue to eat away at our money. Therefore, we must continue to increase our emergency funds to prevent their value from decreasing.

Investing with your emergency fund is not a total bad idea at all because after you have might paid all your bills and the money remaining becomes your discretionary income and inside that your discretionary income you can still generate out your emergency fund and started investing in the last 6 months and think you to invest using your emergency fund so that it multiple more income since you are not using it at the main time, you can invest with the emergency fund and tage it emergency fund which means it can be pull out if incase of unforeseen circumstances that might happen, so the reason why we should invest emergency fund is to back your really investment incase of anything, so you can decide on what to do with your emergency fund as per dividual convenient or best know to you, if actually you needed your emergency to in cash but left with me, i will say that once you progress with your Bitcoin portfolio that there are always a need to invest to have emergency fund.

While am struggling to really understand your point the fact is that it is wrong to invest with your emergency funds and there is no smartness in doing this at all it is called an emergency funds for a reason which means it has to be ready for the real reason of it's purpose, you sound as if you know when emergency will happen, nobody knows when this will happen and the level to which it will happen investing it is risky and it is not a good thing to do and is a total bad idea and advice if you ask me.

An emergency fund should only be used when faced with danger, whether it's for investment or to help Bitcoin investors through danger. If I can't help Bitcoin investors with an emergency fund, then why should I have a Bitcoin investment emergency fund?
Maybe that person is investing Bitcoin weekly, but if he is working and he gets a monthly salary then he will invest occasionally weekly and may not invest regularly every week. So if you want to follow regular investment weekly, you must use the emergency fund. Because you remember that the emergency fund is always kept to protect the investment from facing danger.

You made a mistake somewhere in your post I believe the right word to be used there should be discretionary income and not emergency funds because we don't use emergency funds to invest or accumulate Bitcoin rather we use our discretionary income for safety and security reasons. When you said emergency funds should be use when we face danger to me the word danger doesn't really fit in here I think what we should use is emergency and not danger because not all danger you will need to use emergency funds to solve but you will surely use emergency funds to solve emergency problem because that's its task.

You're right, we don't use our emergency funds to invest or accumulate Bitcoin but we use our discretionary income to accumulate Bitcoin,our emergency funds are set aside for emergency purpose,such as fire explosion, health issues and something we didn't plan for. That just happened suddenly, However when you use the emergency funds to invest on Bitcoin and suddenly you're in need of money or an emergency occurs you won't have any other option than to trade the Bitcoin when it's not yet time.

[LOCKACO]

People form emergency funds when they see that a bad situation will arise. Because in the present time, people do not want to expose their investments to any danger, so they give the most importance to prudent income and emergency funds and follow the DCA method every week. As a result of regular Bitcoin purchases, they are ready to earn more financially so that they can make more money with Bitcoin investments. An investor never neglects his investment, because Bitcoin investment is long-term, so it is most important to form an emergency fund to manage it.

Speaking of emergency funds, what's the best way to make sure I don't spend my Bitcoin prematurely?

​My idea is to diversify my savings. I shouldn't invest all my money into Bitcoin. I can put some funds into other profitable investments that aren't as strictly a "hold" as BTC. If I use this strategy, I might not need a dedicated emergency fund because I'll have other readily available assets. This means I can use these other funds instead of touching my Bitcoin.

Many people think about back up funds in terms of liquidity and volatility.. so you could have troubles if you keep back up funds (such as emergency funds) in other assets.. but sure the choice is yours regarding how to deal with matters that might come up, since surely bitcoin is very liquid and if you have some situation where you really need money quickly are you going to be sufficiently prepared or have to sell some of your bitcoin at a time that is not of your own choosing. 

One more point is that when you choose to diversify rather than focusing on bitcoin and cash, you are diluting your emphasis on bitcoin, and sure, it is your choice in regards to how much to prioritize bitcoin and/or how aggressive you choose to be in regards to bitcoin as compared with putting your money in various inferior assets for the mere sake of it (perhaps your lack of focus?  - another member (liasbaa) mentioned that you failed to specify your diversification, and so it is quite likely you are thinking about shitcoins as a way to diversify, which may well be close to retarded, if you are thinking like that... but hey whatever, you can do whatever you like, even dumb shit.

Frequently there are needs to not get too smart for your own good, even though of course, you are in the best position to assess your particulars.

I support your broad and wider knowledge on emergency funds,  and as such you've clearly been able to explain to us difference between investment funds and back up funds even without saying it exactly,  so therefore investment funds should be kept aside and properly invested in accumulation of bitcoin and should be continous over time, to a long-term period(over 5 to 10 years ) to attain high accumulative profit or to the point of you profit satisfaction level, while emergency funds should be set aside in cash, it is different from investment funds and therefore should not be put into a pool whether for gain or profit, it should also be funded while you accumulate your bitcoins overtime, there shouldn't be need to diversify your emergency funds for invest

edited out]

I think whatever that we wouldn’t understand is that we would definitely require a lot of time to keep buying and investing into bitcoin, sometimes some guys and folks would think that one circle is enough for them, but they will realize that one circle isn’t enough for them and they will really like to continue with 2 circle before they can have a chance of having enough profit, depending how much we are able to invest into bitcoin in this duration of time that would determine how much we have been able to accumulate and stack into our Bitcoin portfolio.

Even if a person were able to organize his income and expenses in such a way that he was able to invest 25% of his income for more than 4 years, he still might need 2-3 cycles before he is able to accumulate enough bitcoin.  It would not be easy to be able to invest 25% of a person's income on a regular basis.  If he is able to put 1 years of his income every 4 years, then after a couple of cycles he would have had put a couple of years of his income into bitcoin, and so at that point, whether he had reached enough or more than enough might well partly depend upon bitcoin's performance in that time, or even after the time that he had mostly invested into it.
[/quote]truly investing or accumulating is not or should not be a one time activity, it takes time, money and effort, the effort there is buying when prices drop and also watching out for it's growth, money and time equals growth, growth equals effort,  which means money and time equals effort

[Makus]

I think that I agree with you for your statement because when I look at what Popoluv said in his first paragraph that investing with emergency fund is not a total bad idea I was getting confused because it was contradictory to what I've been reading from other comments here in this thread while I was trying to learn how to invest as a newbie. yes, you're right and I agree with you that emergency funds should not be used for investing because we will need it for an emergency situation which might be life threatening and by that time when its no longer accessible or available to us we will start to sell our Bitcoin investment to be able to raise money to settle our emergency problem which is not healthy for our growth in Bitcoin investment.

it might not actually sound bad to you but the truth is, the reason for the emergency fund is to take care of emergency situations and not as a spare cash for investment. if you should invest then it must come from your discretionary income. i know sometimes we talk about building emergency fund alonside your bitcoin investment, and if there is any need to invest more probably because of a dip situation, you could skip the emergency fund for that month or week provided you have already achieved at least an emergency fund that could cover a month expenses. it wouldn't be wise to invest with your emergency fund, the least you can do is to borrrow elsewhere provided you are guaranteed of paying back without involving your bitcoin investment. just like saylor who sometimes borrow to invest, it doesn't neccesary mean he has exhuasted all his finance, it was just a clever strategy to ensure every thing keeps runing smoothly. again, it doesn't just end with emergency fund both money ment for other needs shouldn't be converted or used to invest in bitcoin.

[Showlove01]

I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.

If we think about 2018, the price of Bitcoin was not that high then, but now the price has become very high, but if we think about the future of Bitcoin for 10 years and put some money there, we will get a good profit!

Yea, the story of Bitcoin some years back will definitely make someone to invest in it because it will still do or grow more than it has because of it potential but the problem is that most persons don't like investing and holding for long person they are eager to take little profit that doesn't worth anything and sometimes they don't even get the little profit because of the way the market behave and some are not still wise enough to stop trading Bitcoin. Anyone who is investing in Bitcoin should always flash back to Bitcoin in years and see it current value or worth and I believe it will at least give hope and motivate someone to be serious.

[philipma1957]

I think that I agree with you for your statement because when I look at what Popoluv said in his first paragraph that investing with emergency fund is not a total bad idea I was getting confused because it was contradictory to what I've been reading from other comments here in this thread while I was trying to learn how to invest as a newbie. yes, you're right and I agree with you that emergency funds should not be used for investing because we will need it for an emergency situation which might be life threatening and by that time when its no longer accessible or available to us we will start to sell our Bitcoin investment to be able to raise money to settle our emergency problem which is not healthy for our growth in Bitcoin investment.

it might not actually sound bad to you but the truth is, the reason for the emergency fund is to take care of emergency situations and not as a spare cash for investment. if you should invest then it must come from your discretionary income. i know sometimes we talk about building emergency fund alonside your bitcoin investment, and if there is any need to invest more probably because of a dip situation, you could skip the emergency fund for that month or week provided you have already achieved at least an emergency fund that could cover a month expenses. it wouldn't be wise to invest with your emergency fund, the least you can do is to borrrow elsewhere provided you are guaranteed of paying back without involving your bitcoin investment. just like saylor who sometimes borrow to invest, it doesn't neccesary mean he has exhuasted all his finance, it was just a clever strategy to ensure every thing keeps runing smoothly. again, it doesn't just end with emergency fund both money ment for other needs shouldn't be converted or used to invest in bitcoin.

cash and/or  a job income that covers all expenses plus more is really important to investing.

and spending all your resources is not correct. because shit happens.

[CageMabok]

[=laspol65 link=topic=5132720.msg65867366#msg65867366 date=1759312581]
...

it is wrong to invest in bitcoin using emergency funds. There are times some people may think that they can be able to replace there emergency funds before an emergent situation, however no one can tell when an emergency will occur I believe that's the reason behind the name emergency funds. Using it for other purposes other than the purpose it is meant for is a very big mistake and I do wonder while some people will make the mistake of using there emergency funds to invest instead of there discretionary income.

Perhaps some of these people are impatient to wait for a dedicated fund that can be used directly for investment, so they choose to rush into investing with their existing funds, even though those funds are not intended for investment purposes. And I would also consider it a mistake if a fund is being allocated for purposes other than investment, because every goal is based on a plan from the beginning. Therefore, other things like investments can also be prepared in advance if we truly intend to invest someday.

So, rather than taking funds not intended for investment, it's better to set aside another fund specifically for investment. Because it's always wiser to do so, even though the method is almost the same as when collecting emergency funds in our own lives. Doing things in a more orderly and structured manner, and not in a rush, is far more meaningful than using something that isn't on track and in a rush. Although it's perfectly acceptable to do so as long as you can bear the consequences yourself when an emergency suddenly arises.

[HajiBagi]

That is true, I think one of the most efficient way of buying bitcoin should be on a weekly basis, which is why I try every possible means to figure out my cashflow and try to adjust to my weekly expenses and to ensure that I’m able to buy and and maintain my consistency of buying on a weekly basis, and also I think focusing on regular buying of bitcoin is just more efficient instead of waiting for an unprecedented dip that would make us mix out on opportunities.

You are wrong, you are referring to DCA strategy. But DCA strategy does not work like that. DCA strategy is best for investing, but whether you do weekly DCA or monthly DCA depends on your personal situation or the timing of your salary. If you get paid monthly and you are comfortable with monthly DCA then monthly DCA is best for you. If you get paid on a weekly basis and you are comfortable with weekly DCA then weekly DCA is best for you. Basically it depends on your preference. There is no need to separate weekly DCA for you, focus on your preference in DCA.

You are correct, and this is very important for beginners to know because some of them think that they have to gather enough money before they can start buying bitcoin. As an investor that wants to accumulate bitcoin by using the DCA method, you are the one to know how to make it work through your plan and how you are going to accumulate more without any problems or anything that will affect your plan, you can decide to buy weekly or monthly, It all depends on your personal or financial position, the DCA method is the best plan for investors who want to invest in bitcoin to ensure that they can accumulate more bitcoin and hold it for a long time, rather than waiting for the price to decrease before buying bitcoin.

[_BlackStar]

-snip-

You are correct, and this is very important for beginners to know because some of them think that they have to gather enough money before they can start buying bitcoin.

"Have to gather enough money" I think it's very subjective and it will vary from person to person. Some people find $20 sufficient to buy bitcoin - while others find $100 insufficient. It all depends on they plans and what they want to achieve - but the market will always be open and welcoming to anyone who wants to buy at any price. I don't mind how they approach buying bitcoin - that's up to them and their plans, but if they want to be long-term holders then they should know that DCA is a good approach.

[Lolipo]

Considering the way dollar 💰💰 rate is increasing, i think someone needs to monitor the market closely, today it's increasing tomorrow it's reducing. I think the best thing to do know is to buy with enough capital and also it's important to know the DCA before buying

[gracreavix]

Investing with your emergency fund is not a total bad idea at all because after you have might paid all your bills and the money remaining becomes your discretionary income and inside that your discretionary income you can still generate out your emergency fund and started investing in the last 6 months and think you to invest using your emergency fund so that it multiple more income since you are not using it at the main time, you can invest with the emergency fund and tage it emergency fund which means it can be pull out if incase of unforeseen circumstances that might happen, so the reason why we should invest emergency fund is to back your really investment incase of anything, so you can decide on what to do with your emergency fund as per dividual convenient or best know to you, if actually you needed your emergency to in cash but left with me, i will say that once you progress with your Bitcoin portfolio that there are always a need to invest to have emergency fund.

Bro, first off I need to ask you if you actually re read what you typed before hitting the post button, because honestly the whole thing came out a bit scattered, and I had to go over it twice to catch your exact point. I did not get what you are trying to say, but I respect the fact that you’re even thinking about how to make your money work for you rather than just sitting idle. But I will be real with you, using your emergency fund as an investment tool is not something I can fully agree with. The whole essence of that money is to serve as a shield when life throws unexpected blows, not to chase returns. If you tie it up in an investment and the market turns bad at the exact moment you actually need that cash, then it is against the whole reason why the fund existed in the first place..

Now, I noticed you said that the emergency fund can be pulled out in case of unforeseen circumstances.. That’s where I think the confusion lies. Yes, in theory it sounds like you can always withdraw it, but in reality, investments are not like a bank account. Bitcoin for example could be in a drawdown of -30% at the exact time you need it. Will you still be confident enough to sell at a heavy loss just because you need the money? That is where the problem is.. Emergency funds are not there to multiply, they are there to protect. Think of them like an insurance policy, boring and sitting idle, but when fire breaks out, that boring thing becomes your life saver..

I actually like the point you raised about building a strong Bitcoin portfolio alongside having an emergency fund, but Instead of trying to mix the two, let each play its own role, emergency fund protects your lifestyle and peace of mind, while your discretionary cash builds your wealth. If you merge them, you risk losing both safety and growth. But if you separate them, one supports the other perfectly. That is just my perspective on it though, no disrespect to your angle…

[Justbillywitt]

You're right, we don't use our emergency funds to invest or accumulate Bitcoin but we use our discretionary income to accumulate Bitcoin,our emergency funds are set aside for emergency purpose,such as fire explosion, health issues and something we didn't plan for. That just happened suddenly, However when you use the emergency funds to invest on Bitcoin and suddenly you're in need of money or an emergency occurs you won't have any other option than to trade the Bitcoin when it's not yet time.

I understand you are a newbie that's why I'm taking my time to talk to you about pyramid quoting. Making pyramids quoting doesn't make sense. It makes you look like a shit poster even if what you are saying makes sense. When making posts and you noticed that many people has been quoted already, you can edit out some users and pick the person you want to respond to.

Quoting 2-3 persons looks a bit decent and makes our post appear neat. Next time when you see posts as the one you just quoted try editting out some users. Quoting 4 or more users together can be considered as pyramid quoting. Let's help making this thread appear neat and professional. This is not just peculiar to you alone, I believe I am also speaking to others who are guilty of pyramid quoting in this thread.

[Silikiem]

Considering the way dollar 💰💰 rate is increasing, i think someone needs to monitor the market closely, today it's increasing tomorrow it's reducing. I think the best thing to do know is to buy with enough capital and also it's important to know the DCA before buying

I think you’re confusing and contradicting yourself with every of your statement here, you talked about monitoring the market before accumulating bitcoin, you talked about knowing the DCA before investing, you talked about buying with enough capital. All of these you just said is completely contradictory and I think you’re getting yourself confused. Monitoring the market is an old fashioned strategy that’s not befitting to a long term true bitcoin investor. Of a truth, you have every right to know or take a look and see what the market price looks like or what it is at some point, but for you to be monitoring the market price before you chose to accumulate and invest in bitcoin is not a good investment strategy. Monitoring the market price before accumulating bitcoin is like you’re waiting for the dip before you accumulate bitcoin which is not a good investment strategy especially for you as a newbie investor who is still in your accumulation stage, you’ve not even gotten to your over accumulation stage and you’re talking about monitoring the market before buying and accumulating bitcoin. You don’t need to monitor the market price before accumulating bitcoin, and also you must not buy bitcoin with enough capital. what you only have to do is to be able to figure out a discretionary income to use and accumulate bitcoin, with the DCA strategy all you need to do is to figure out a discretionary income to use either weekly or monthly depending on how your income flows, use it and accumulate bitcoin and hold for the long term goal. Stop getting yourself all confused and worked up about bitcoin investment, you must not monitor the market before you accumulate bitcoin, you must not buy bitcoin with huge capital because it’s not mandatory you must buy all the bitcoin at a stretch, knowing the DCA is good but you must not waste too much time trying to know the DCA before you start accumulating bitcoin and hold for the long term goal. All you need to accumulate and invest in bitcoin is to be able to figure out just a discretionary income to use and accumulate bitcoin and hold for the long term goal with the DCA method either weekly or monthly so you can have a Peace of mind and gradually build up your portfolio.

[Solokan]

That is true, I think one of the most efficient way of buying bitcoin should be on a weekly basis, which is why I try every possible means to figure out my cashflow and try to adjust to my weekly expenses and to ensure that I’m able to buy and and maintain my consistency of buying on a weekly basis, and also I think focusing on regular buying of bitcoin is just more efficient instead of waiting for an unprecedented dip that would make us mix out on opportunities.

You are wrong, you are referring to DCA strategy. But DCA strategy does not work like that. DCA strategy is best for investing, but whether you do weekly DCA or monthly DCA depends on your personal situation or the timing of your salary. If you get paid monthly and you are comfortable with monthly DCA then monthly DCA is best for you. If you get paid on a weekly basis and you are comfortable with weekly DCA then weekly DCA is best for you. Basically it depends on your preference. There is no need to separate weekly DCA for you, focus on your preference in DCA.

You are correct, and this is very important for beginners to know because some of them think that they have to gather enough money before they can start buying bitcoin. As an investor that wants to accumulate bitcoin by using the DCA method, you are the one to know how to make it work through your plan and how you are going to accumulate more without any problems or anything that will affect your plan, you can decide to buy weekly or monthly, It all depends on your personal or financial position, the DCA method is the best plan for investors who want to invest in bitcoin to ensure that they can accumulate more bitcoin and hold it for a long time, rather than waiting for the price to decrease before buying bitcoin.

Yes, buying BTC once a week or once a month is certainly not a problem as long as you use discretionary income, because as long as we use discretionary income to buy BTC, we will certainly have peace of mind when investing in BTC, unlike people who buy BTC with borrowed money.

Indeed, the DCA method is the best method because it is easy to understand, and beginners will also quickly grasp this DCA method. Yes, that is one of the advantages of the DCA method because we can buy without looking at whether the BTC price is falling or not. However, in my opinion, we cannot look down on people who buy BTC without using the DCA system because the most important thing is to save BTC for the long term and buy it using discretionary income.

[laijsica]

Considering the way dollar 💰💰 rate is increasing, i think someone needs to monitor the market closely, today it's increasing tomorrow it's reducing. I think the best thing to do know is to buy with enough capital and also it's important to know the DCA before buying

You should deposit Bitcoin not dollars. Whether the dollar increases or decreases is a direct effect of inflation but the effect of inflation on Bitcoin is very limited. Learn and buy Bitcoin regardless of the price compared to closely monitoring the dollar market. The dollar can depreciate due to the strengthening of any country's economy but since Bitcoin is a decentralized digital asset, the correlation with a weak economy or a strong economy of a country is very limited. Learn the DCA strategy and make Bitcoin stash every week through discretionary income. To prevent the decline of your valuable assets from the effects of inflation.

[Gost ms]

Investing with your emergency fund is not a total bad idea at all because after you have might paid all your bills and the money remaining becomes your discretionary income and inside that your discretionary income you can still generate out your emergency fund and started investing in the last 6 months and think you to invest using your emergency fund so that it multiple more income since you are not using it at the main time, you can invest with the emergency fund and tage it emergency fund which means it can be pull out if incase of unforeseen circumstances that might happen, so the reason why we should invest emergency fund is to back your really investment incase of anything, so you can decide on what to do with your emergency fund as per dividual convenient or best know to you, if actually you needed your emergency to in cash but left with me, i will say that once you progress with your Bitcoin portfolio that there are always a need to invest to have emergency fund.

Your comment is very misleading. Investing with emergency fund is never a good idea. Because if you invest with emergency fund and at that time if you are in financial crisis then how will you deal with financial crisis. As you said invest with emergency fund and then create another emergency fund. If you create another emergency fund, what will you do if you have financial crisis. If the price of Bitcoin falls during emergency then you will have to sell Bitcoin at a loss. It is never a good idea to use emergency fund to invest aggressively or to invest. Investing with emergency fund and gambling are the same. A person should buy based on his financial situation if a person buys without depending on his financial situation then he may face danger after some time. So one should continue to buy based on financial situation.

[Nightwatchmare]

People form emergency funds when they see that a bad situation will arise. Because in the present time, people do not want to expose their investments to any danger, so they give the most importance to prudent income and emergency funds and follow the DCA method every week. As a result of regular Bitcoin purchases, they are ready to earn more financially so that they can make more money with Bitcoin investments. An investor never neglects his investment, because Bitcoin investment is long-term, so it is most important to form an emergency fund to manage it.

Speaking of emergency funds, what's the best way to make sure I don't spend my Bitcoin prematurely?

​My idea is to diversify my savings. I shouldn't invest all my money into Bitcoin. I can put some funds into other profitable investments that aren't as strictly a "hold" as BTC. If I use this strategy, I might not need a dedicated emergency fund because I'll have other readily available assets. This means I can use these other funds instead of touching my Bitcoin.

It's simple; the best way for you not to sell your Bitcoin investment too early is to invest in Bitcoin with your discretionary income, which is your leftover money after you have solved your weekly or monthly expenses, and after you have done that, you can start building your emergency funds gradually along your accumulation process should the case you have an emergency, you can easily solve the emergency without having to sell your Bitcoin investment too early to solve it. Since you are a no coiner or a low coiner, it's not appropriate for you to diverfy your Bitcoin investment at your early stage of your investment because it will serve as a distraction to you, and you won't accumulate a good quantity of Bitcoin, and it can eventually take you out of the game; you should be thinking of diversifying your investment when you have reached your over accumulation stage, but for now your focus should be on how you can accumulate Bitcoin consistently and persistently and gradually build your emergency funds so that you can accumulate a good quantity of Bitcoin and hold it for the long term.

[Barrykbest]

People form emergency funds when they see that a bad situation will arise. Because in the present time, people do not want to expose their investments to any danger, so they give the most importance to prudent income and emergency funds and follow the DCA method every week. As a result of regular Bitcoin purchases, they are ready to earn more financially so that they can make more money with Bitcoin investments. An investor never neglects his investment, because Bitcoin investment is long-term, so it is most important to form an emergency fund to manage it.

Speaking of emergency funds, what's the best way to make sure I don't spend my Bitcoin prematurely?

​My idea is to diversify my savings. I shouldn't invest all my money into Bitcoin. I can put some funds into other profitable investments that aren't as strictly a "hold" as BTC. If I use this strategy, I might not need a dedicated emergency fund because I'll have other readily available assets. This means I can use these other funds instead of touching my Bitcoin.

It's simple; the best way for you not to sell your Bitcoin investment too early is to invest in Bitcoin with your discretionary income, which is your leftover money after you have solved your weekly or monthly expenses, and after you have done that, you can start building your emergency funds gradually along your accumulation process should the case you have an emergency, you can easily solve the emergency without having to sell your Bitcoin investment too early to solve it. Since you are a no coiner or a low coiner, it's not appropriate for you to diverfy your Bitcoin investment at your early stage of your investment because it will serve as a distraction to you, and you won't accumulate a good quantity of Bitcoin, and it can eventually take you out of the game; you should be thinking of diversifying your investment when you have reached your over accumulation stage, but for now your focus should be on how you can accumulate Bitcoin consistently and persistently and gradually build your emergency funds so that you can accumulate a good quantity of Bitcoin and hold it for the long term.

From my own experience, the best protection against touching your Bitcoin too early is to make sure you’re only buying with money you can truly spare. I treat BTC as something I won’t touch for years, so bills, savings and an emergency fund come first. That way, when life happens, I’m not forced to sell at a loss.
Diversification can help later on, but at the early stage it often just slows down your stack. When I was starting out, I focused on building a small emergency fund on the side and at the same time stacking sats regularly with whatever was left over. Over time that gave me both peace of mind and a growing Bitcoin balance. Emergency fund is like building your safety net first, before accumulating BTC consistently with your discretionary income. Yea I know it’s slower but a lot less stressful, and you’ll thank yourself during market dips.

[Cossyblack]

Investing with your emergency fund is not a total bad idea at all because after you have might paid all your bills and the money remaining becomes your discretionary income and inside that your discretionary income you can still generate out your emergency fund and started investing in the last 6 months and think you to using your emergency fund so that it multiple more income since you are not using it at the main time , you can invest with the emergency fund and tage it emergency fund which meansit can be pull out if incase of unforeseen circumstances that might happen, so the reason why we should invest emergency fund is to back your really investment incase of anything, so you can decide on what to do with your emergency fund as per dividual convenient or best know to you, if actually you needed your emergency to in cash but left with me, i will say that once you progress with your Bitcoin portfolio that there are always a need to invest to have emergency fund.

I find your words very complicating and can be misleading to newbies in the house. firstly you said,Investing your Emergency fund in bitcoin isn't a bad ideal simply because you thought, since there are no Emergency to deal with at the moment,investing it in Bitcoin will multiple your income. your re very wrong,an Emergency fund as the name implies is only build for Emergency cases and shouldn't be tampered with unless your bitcoin investment is threaten with real life emergency. i think your major problem here is greed and impatience,your re simply interested in the profits that you will make than the safety of your bitcoin portfolio, and which was why you started gambling with your investment to multiply your profits by using your emergency funds to buy bitcoin. Emergencies are not planned events,they unexpected occurrence. by the time you start using funds that should ve been your backup against real life Emergency to buy bitcoin,when real life emergency struck, even though we don't planned for it, you will be forced to tampered with your Bitcoin portfolio against your own choosing.