JJG’s Outline of Bitcoin Investment Ideas

[Grease5000]

Right, if an investors back up funds is absolutely not strong then such investors easily get open up to high risk but when the back up funds is strong and totally sufficient then the aggressive buying is a positive approach.

Some investors doesn’t even check if their back up funds is strong enough for aggressive buying they just go into aggressive buying hoping to see a satisfying outcome but they end up in the negative side. Aggressive buying isn’t just what we  wake up one day and go for it we need strong back up funds to keep the risk minimal.

I do agree  with your opinion that strong backup funds make aggressive buying less stressful, but I don't think every investor needs to wait till they build a perfect emergency fund before buying Bitcoin.

For me, the balanced approach is to keep accumulating with discretionary income using  the DCA method and only become more aggressive when my backup funds and financial situation can comfortably support it. That way, I  believe investors can  keep accumulating bitcoin and stay invested without taking unnecessary risks.

[Derekfunds]

The way people talk about emergency funds is as if they are spending so much on buying Bitcoin, as if there is no emergency, and if any challenge happens the money they are about to use to buy Bitcoin will solve their problems becauseno emergencyfund. As a beginner starting Bitcoin investment, an emergency is not a reason to avoid investing because to some people it seems that because there is no emergency fund, there is no need to invest in Bitcoin. An emergency fund can come later after a good amount of Bitcoin has been accumulated; it's something you need to plan for, and it doesn't just happen immediately when you want to start Bitcoin investment.

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

You are making sense but this is the reason why we should invest with what we can afford to lose and the reason we should also prepare ourselves by saving backup funds that we can get our emergency funds from incase of any challenge, no one is praying to encounter a challenge that will be so big that they will have to sell their Bitcoin investment no! But those you are gambling Bitcoin has this mindset that once they  come across a challenge and they are on profit they will sell but that is wrong because they can be at loss when they will encounter the challenge. So we should not hold Bitcoin simply because we want to use it to solve problem, it can disappoint because of its volatile nature.

[BluebloodCXVI]

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

If all the successful long term bitcoin investors that were able to to consistently buy and stack bitcoin into their portfolio for many years to build a significantly large stash, if they went around selling their bitcoin at every slightest inconvenience or emergency expense during their investment journey, do you think that they would have been able to build their portfolio to a significantly successful level that they are now?, fuck no!!. Selling from your bitcoin when you have not gotten to any meaningful size in your stash is gonna slow you down and that can affect the growth of your portfolio.
The importance of backup funds cannot be undermined because it is very necessary to have if you’re an investor. Although i will not advice newbies to remain no-coiners just because they don’t have emergency funds yet, they can always figure out their emergency funds from their discretionary income next time, maybe on their third or fourth buy. In the early stage of their investment, i suggest that newbies should allocate more money into their investment than their emergency funds. Let it be like in a 75/25 percentage. And then once the newbie has built their stash to a reasonable level, they can now decide to increase the money allocated to emergency funds and so by that time the percentage can be like 60/40 or 55/45 depending on how the person wants it and the size of their discretionary income.

[Tongley]

It would be great if we took a bold stance in investing in bitcoin.

Just like aggressively accumulating when prices are falling, This approach accelerates the growth of Bitcoin in our portfolio.

However, If we fail to take the bold stance of Aggressive Buying, it will take a long time to accumulate Bitcoin. As I wrote in this Thread https://bitcointalk.org/index.php?topic=5581686.msg66670723#msg66670723

Yes, it is certainly good to take aggressive or bold approaches to buy Bitcoin or to grow our portfolio, but if we base these approaches on proper financial management and cash flow, discretionary income. Otherwise, if we take these decisions, then these decisions can cause us losses. We may not get the consequences of our small wrong decisions immediately, but we may have to suffer these consequences in the future or after several years. Therefore, every decision taken for investment needs to be based on our financial situation and emergency fund.

Why wait for the price of Bitcoin to fall to be aggressive. If you have the money to be aggressive, then you can buy aggressively immediately. Why wait for the unknown future which is not certain whether it will happen in the future or not. But what I personally prefer is, if I have the money to buy aggressively, I would prefer to combine it with my DCA amount and continue to buy continuously, so that I can buy the average purchase price.

It is better to continue to buy based on our discretionary income. If it takes us 32 years to reach our goal of one Bitcoin, it is still good if we reach our goal accurately. On the other hand, if a person reaches the goal in three and a half years, if he puts his holdings at risk and has to sell his holdings before reaching the goal, it is not a good decision at all

[Sally9256]

The best thing is to identify your discretionary income the you will be using to start the investment, and you’re good to go. This are just the primary things that you need to go ahead with your investments ever other can be built while the investment has already started and going on.

Identifying ones discretionary income is the most important thing because this is what is needed to kick start your investment. It's true every other thing is secondary and buying Bitcoin is the top priority but it's still good for beginners to know that it's also unwise to start out your investment without having any form of backup funds. Despite accumulating Bitcoin being top priority the importance of backup cannot be overemphasized. It is needed so emergencies and unexpected expenses should not interrupt your accumulation.

It would be great if we took a bold stance in investing in bitcoin.

Just like aggressively accumulating when prices are falling, This approach accelerates the growth of Bitcoin in our portfolio.

However, If we fail to take the bold stance of Aggressive Buying, it will take a long time to accumulate Bitcoin. As I wrote in this Thread https://bitcointalk.org/index.php?topic=5581686.msg66670723#msg66670723

Aggressive accumulating is good if a person can afford it, of they have enough discretionary income to do that then it is highly encouraged because it's a good way to grow our Bitcoin faster and in the end what you invest will determine how much you can benefit in future.  When a person have access to enough discretionary income there's absolutely no problem with buying aggressively. Infact going slow when you have large discretionary income is totally wrong.

[Shadiq]

Aggressive accumulating is good if a person can afford it, of they have enough discretionary income to do that then it is highly encouraged because it's a good way to grow our Bitcoin faster and in the end what you invest will determine how much you can benefit in future.  When a person have access to enough discretionary income there's absolutely no problem with buying aggressively. Infact going slow when you have large discretionary income is totally wrong.

You are right, it is wise to invest as much as we can if we have the means. In fact, I think that if someone is reluctant to make aggressive purchases in investments despite having the means, then he is wasting his time and leaving his money to inflation. This is a kind of harmful step, one day he is falling behind in his investment journey or is admitting to procrastination and on the other hand, due to keeping excess fiat with himself, he is losing the value of money regularly due to inflation.

Bitcoin is a currency that works against inflation and gives you profits in the long run. However, I would not advise you to invest all your money in Bitcoin, but rather keep the necessary money in fiat and keep the remaining discretionary money in Bitcoin. This will work to keep you financially secure in the present as well as provide you with financial security in the future. In this case, we need to have good financial management skills.

[Sim_card]

Aggressive accumulating is good if a person can afford it, of they have enough discretionary income to do that then it is highly encouraged because it's a good way to grow our Bitcoin faster and in the end what you invest will determine how much you can benefit in future.  When a person have access to enough discretionary income there's absolutely no problem with buying aggressively. Infact going slow when you have large discretionary income is totally wrong.

You are not getting something right. An investor with low or large discretionary income can buy aggressively because to be aggressive on your bitcoin purchase isn't all about the size of your discretionary income but how much from your discretionary income that you're using to buy Bitcoin. Some people don't understand this and fail to buy aggressively when they can because they think they need fat discretionary income to buy aggressively.

For example, Mr A discretionary income is $100 and he uses $70 to DCA weekly and Mr B discretionary income is $500, he uses $300 to DCA weekly, Mr A is more aggressive than Mr B because he is putting 70% of his discretionary income into bitcoin and Mr B is using 60% of his discretionary income to accumulate bitcoin.

[Frankolala]

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

Selling your bitcoin because you are hit with an emergency means that you didn't plan properly on not selling your bitcoin till you reach your over accumulation stage. It's not a good investment practice to buy Bitcoin and sell at anytime we have emergencies because it means that you're not investing but saving for an emergency because real emergency will keep popping up in future and you will continue selling even at loss if bitcoin price is below your entry.

This is why it's very important that a brand new investor should have the plan of setting up an emergency funds  the moment he has started his bitcoin investment to safe guard it from premature sells when been hit with real life emergency. Your emergency funds should be of at least three months of your monthly expenses and not just any amount so that, it can take you a long way when you a real life emergency pops up.

Any investor that ignore setting up an emergency funds as he is investing is gambling with his bitcoin investment because he has no backup funds and will definitely fail in his bitcoin accumulation until, he does the needful.

[Rockson1]

It would be great if we took a bold stance in investing in bitcoin.

Just like aggressively accumulating when prices are falling, This approach accelerates the growth of Bitcoin in our portfolio.

However, If we fail to take the bold stance of Aggressive Buying, it will take a long time to accumulate Bitcoin. As I wrote in this Thread https://bitcointalk.org/index.php?topic=5581686.msg66670723#msg66670723

I don't think that anyone is against being aggressive, there nothing wrong in applying aggressiveness as an investor but what I see as wrong is when you force it on yourself when you know that you are not capable of doing that, what I recommend is that, as an investor from time to time we should apply aggressiveness and even lump sum when we have the amount available to lump sum so as to reach our target when as planned, to me I think the major thing is having your discreationary income to invest with on a regular bases all other aspect will fall in place with good plan, just as I said agressive buying is very much important as bitcoin investors but should be planned if we don't have the capacity.

[Showlove01]

It would be great if we took a bold stance in investing in bitcoin.

Just like aggressively accumulating when prices are falling, This approach accelerates the growth of Bitcoin in our portfolio.

However, If we fail to take the bold stance of Aggressive Buying, it will take a long time to accumulate Bitcoin. As I wrote in this Thread https://bitcointalk.org/index.php?topic=5581686.msg66670723#msg66670723

I don't think that anyone is against being aggressive, there nothing wrong in applying aggressiveness as an investor but what I see as wrong is when you force it on yourself when you know that you are not capable of doing that, what I recommend is that, as an investor from time to time we should apply aggressiveness and even lump sum when we have the amount available to lump sum so as to reach our target when as planned, to me I think the major thing is having your discreationary income to invest with on a regular bases all other aspect will fall in place with good plan, just as I said agressive buying is very much important as bitcoin investors but should be planned if we don't have the capacity.

Being aggressive In your Bitcoin accumulation is not bad or wrong but let the money you are being aggressive about come from your discretionary income because anything outside someone discretionary income is not meant to be used in Bitcoin accumulation because that will look like someone is trading. It is true that one of the major thing in Bitcoin investment is to have a discrestionary income but there are people with this discretionary income that doesn't have the right mindset and knowledge on how to go about it so mindset, knowledge and understanding is also very important.

[Xackie]

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

Selling your bitcoin because you are hit with an emergency means that you didn't plan properly on not selling your bitcoin till you reach your over accumulation stage. It's not a good investment practice to buy Bitcoin and sell at anytime we have emergencies because it means that you're not investing but saving for an emergency because real emergency will keep popping up in future and you will continue selling even at loss if bitcoin price is below your entry.

This is why it's very important that a brand new investor should have the plan of setting up an emergency funds  the moment he has started his bitcoin investment to safe guard it from premature sells when been hit with real life emergency. Your emergency funds should be of at least three months of your monthly expenses and not just any amount so that, it can take you a long way when you a real life emergency pops up.

Any investor that ignore setting up an emergency funds as he is investing is gambling with his bitcoin investment because he has no backup funds and will definitely fail in his bitcoin accumulation until, he does the needful.

You are right, some investors prefers to focus on Bitcoin alone , so they will save a very small amounts in their emergency savings, Because they feel that nothing can happen to them, this is a result of ignorance. This ignorance often turns to regret especially when they find themselves in a tough situation like economic downturn which mess up with their income, jobs and overall financial stability. So when things isn't going well for them and they need  some urgent cash to take care of their need (and their small emergency savings can't cover those expenses or they've exhausted it) , that's when they will  see Bitcoin their only available option because they have poured their entire savings into it. During that kind of periods, financial pressure becomes more obvious, and decisions that once seemed harmless start to have consequences. Emergency funds shouldn't be something we play with it, it's very important.

[Abbatty]

This is why it's very important that a brand new investor should have the plan of setting up an emergency funds  the moment he has started his bitcoin investment to safe guard it from premature sells when been hit with real life emergency. Your emergency funds should be of at least three months of your monthly expenses and not just any amount so that, it can take you a long way when you a real life emergency pops up.

Any investor that ignore setting up an emergency funds as he is investing is gambling with his bitcoin investment because he has no backup funds and will definitely fail in his bitcoin accumulation until, he does the needful.

Putting it as a must for new investors to have an emergency fund is wrong and it can also be misleading, we know how important emergency fund is in every bitcoin journey hence, an investor top priority should be how to invest, how to remain consistent with his investment.

Folks might misunderstand what you trying to say especially newbies and end up feeling they need to have emergency fund before starting their bitcoin journey.

Bitcoin investment should never be delayed for any reason not even for emergency funds so far you have your discretionary income.

There are folks who might have little discretionary after spending on basic need, so you don’t have expect such person to start building emergency funds with such.

Prioritize investing, never delay your bitcoin journey for any reason.

[Finebone]

Putting it as a must for new investors to have an emergency fund is wrong and it can also be misleading, we know how important emergency fund is in every bitcoin journey hence, an investor top priority should be how to invest, how to remain consistent with his investment.

I don't know who thought you this that having an emergency is not a must for new Bitcoin investors. For the growth and stability of your bitcoin investment, you need emergency funds to protect your Bitcoin investment, because it's unwise and wreckless to say that emergency funds is not important. I can't deny that it's only the rich that can afford to invest in bitcoin without it and still be successful because they have rich friends, uncles and asset they can sell during emergencies, but it's wreckless to say that emergency funds is not important while investing in Bitcoin, because I believe that the faith of your bitcoin investment relies heavily on it if you are not a rich dude.

[Abbatty]

Putting it as a must for new investors to have an emergency fund is wrong and it can also be misleading, we know how important emergency fund is in every bitcoin journey hence, an investor top priority should be how to invest, how to remain consistent with his investment.

I don't know who thought you this that having an emergency is not a must for new Bitcoin investors. For the growth and stability of your bitcoin investment, you need emergency funds to protect your Bitcoin investment, because it's unwise and wreckless to say that emergency funds is not important. I can't deny that it's only the rich that can afford to invest in bitcoin without it and still be successful because they have rich friends, uncles and asset they can sell during emergencies, but it's wreckless to say that emergency funds is not important while investing in Bitcoin, because I believe that the faith of your bitcoin investment relies heavily on it if you are not a rich dude.

You can make your clarity don’t be rude.

[Joeboy]

~snip~
Putting it as a must for new investors to have an emergency fund is wrong and it can also be misleading, we know how important emergency fund is in every bitcoin journey hence, an investor top priority should be how to invest, how to remain consistent with his investment.

Getting started is very important, but it isn't quite right to neglect the safety of your investment as you go since Bitcoin as we all know is a long-term investment.. Anyways, you are free to approach your investment in whatever way that you deem fit, and concerning not having an emergency fund, you are also free to invest without prioritizing an emergency funds.... But in the course of doing so, always having it in mind that emergency dosen't give any kind of warning prior to its arrival and it surely wouldn't check if an investor is a newbie or an experienced investor before it comes... And that's the more reason why it shouldn't be neglected in the course of a an investor's journey, emergency funds should also be a priority.. Folks don't have to stop investing in the course of setting up an emergency fund, coz Emergency funds can be very well build alongside an investor's investment...

[Halifat]

The way people talk about emergency funds is as if they are spending so much on buying Bitcoin, as if there is no emergency, and if any challenge happens the money they are about to use to buy Bitcoin will solve their problems becauseno emergencyfund. As a beginner starting Bitcoin investment, an emergency is not a reason to avoid investing because to some people it seems that because there is no emergency fund, there is no need to invest in Bitcoin. An emergency fund can come later after a good amount of Bitcoin has been accumulated; it's something you need to plan for, and it doesn't just happen immediately when you want to start Bitcoin investment.

And Bitcoin is so liquid that if an emergency comes, you can still sell that Bitcoin immediately to solve that problem if it's necessary. It's not like once you've bought the bitcoin, there is nothing you can do, no matter the situation you find yourself.
I understand that Bitcoin holding is best for the long term, but that doesn't mean that if you get into a situation where you need to sell your Bitcoin to solve a serious problem, you shouldn't sell it. It's okay to have an emergency fund, but that should not be the reason you don't hold bitcoin.

You are making sense but this is the reason why we should invest with what we can afford to lose and the reason we should also prepare ourselves by saving backup funds that we can get our emergency funds from incase of any challenge, no one is praying to encounter a challenge that will be so big that they will have to sell their Bitcoin investment no! But those you are gambling Bitcoin has this mindset that once they  come across a challenge and they are on profit they will sell but that is wrong because they can be at loss when they will encounter the challenge. So we should not hold Bitcoin simply because we want to use it to solve problem, it can disappoint because of its volatile nature.

Both the investment and emergency fund can be build together, i think it's going to be a very wrong idea for someone to start investing without having plan for emergency funds, selling your bitcoin when you are investing is not a very good idea because just as you said, it not there for the purpose of solving problems and that is where the emergency funds comes. Virginity together allow you to have rest of mind even though volatile occurs and also it is in our best interests to invest through discretionary income, by using the DCA strategies.

[Alpha Marine]

Selling your bitcoin because you are hit with an emergency means that you didn't plan properly on not selling your bitcoin till you reach your over accumulation stage. It's not a good investment practice to buy Bitcoin and sell at anytime we have emergencies because it means that you're not investing but saving for an emergency because real emergency will keep popping up in future and you will continue selling even at loss if bitcoin price is below your entry.

Sometimes you people talk about life like we live in a simulation. Why do you guys think life is just so black and white? Do you mean there are no situations where a person would need to sell his bitcoin? Emergencies come in different forms. People sell their investments to solve a problem. Problems they never expected and problems that are bigger than their emergency fund. Life is not black and white as you people think. Things don't always go according to plan. You can plan for something and then something else will happen. Selling your investments to solve an emergency problem does not necessarily mean the person did not plan properly. Reality is way different from what you people say here.

Of course, it's good to have an emergency funds and savings difference from your investments, but that doesn't mean life can't happen and force you to take money from your investments to solve the problem. It's not ideal, but that is life. If only ideal things happen in life, the we wouldn't have any issues.

[Grease5000]

Putting it as a must for new investors to have an emergency fund is wrong and it can also be misleading, we know how important emergency fund is in every bitcoin journey hence, an investor top priority should be how to invest, how to remain consistent with his investment.

I don't know who thought you this that having an emergency is not a must for new Bitcoin investors. For the growth and stability of your bitcoin investment, you need emergency funds to protect your Bitcoin investment, because it's unwise and wreckless to say that emergency funds is not important. I can't deny that it's only the rich that can afford to invest in bitcoin without it and still be successful because they have rich friends, uncles and asset they can sell during emergencies, but it's wreckless to say that emergency funds is not important while investing in Bitcoin, because I believe that the faith of your bitcoin investment relies heavily on it if you are not a rich dude.

I disagree with your opinion. We all know that consistency in Bitcoin is important, but ignoring an emergency fund can delay or force an investor to sell  his Bitcoin holdling to offset bill if an emergency occurs.

For me a better approach is to build both at the same time. For example, if I have $1000 left after i have settled all necessary bilI I will  put $600 into Bitcoin and $400 into my emergency fund. That way, I keep accumulating while reducing the risk of selling my portfolio during tough time.

[Jewan420]

Selling your bitcoin because you are hit with an emergency means that you didn't plan properly on not selling your bitcoin till you reach your over accumulation stage. It's not a good investment practice to buy Bitcoin and sell at anytime we have emergencies because it means that you're not investing but saving for an emergency because real emergency will keep popping up in future and you will continue selling even at loss if bitcoin price is below your entry.

Sometimes you people talk about life like we live in a simulation. Why do you guys think life is just so black and white? Do you mean there are no situations where a person would need to sell his bitcoin? Emergencies come in different forms. People sell their investments to solve a problem. Problems they never expected and problems that are bigger than their emergency fund. Life is not black and white as you people think. Things don't always go according to plan. You can plan for something and then something else will happen. Selling your investments to solve an emergency problem does not necessarily mean the person did not plan properly. Reality is way different from what you people say here.

Of course, it's good to have an emergency funds and savings difference from your investments, but that doesn't mean life can't happen and force you to take money from your investments to solve the problem. It's not ideal, but that is life. If only ideal things happen in life, the we wouldn't have any issues.

If I am speaking realistically, then you are right. Reality does not always go according to plan, reality is always unexpected which keeps teaching us something new. We can only plan and take action for the normal events of life. But some people have events in their lives that are not part of our plans or are bigger than what we expect. Emergency funds may not be able to solve all the problems in our lives, something may happen in our lives that may cost many times more than the amount of the (ideal) emergency fund to solve. In such a situation, if the investment fund is the only last resort, then we may be forced to sell it. Although difficult emergency moments come in the lives of very few people, if such a person is forced to sell his investment, we cannot say that he lacked planning.

However, we can keep emergency funds or emergency funds ready for expected normal events. However, we may not be able to fight with these funds for something that our lifetime earnings may not be enough to solve. For example, major events such as the seizure of all assets and money by the state, the destruction of most of the assets due to flood or fire, the need for money in the medical sector that exceeds the amount of emergency funds and backup funds, the need for a large amount of money in legal troubles, or bankruptcy for some reason.

[Bright0515]

Life is not black and white as you people think. Things don't always go according to plan. You can plan for something and then something else will happen. Selling your investments to solve an emergency problem does not necessarily mean the person did not plan properly.

No arguments but I think you don't consider the fact that some life problems don't just start within a day, some of them are something that has been there since before now and the person neglected it because it's kinda small, not knowing that there's no smoke without fire.
What I'm trying to say here is that it is not all emergencies that occurs suddenly, financial challenges has been building up but some people don't pay attention to it, by trying to sort them out before they turn financial pressures. And if anyone don't consider sorting out emergency situation early, they may not be able to sort them out when it increases.

Of a truth, few financial experts normally consider keeping up to 5 or 6 months emergency funds because they literally figure out their emergency capabilities even before it occured, so my point here is that the size of your emergency founds really matters, life can happen to anyone but only the smart ones who plan ahead of time normally gets out of it without touching their Bitcoin portfolio.

In most cases, our lifestyle can literally cause a emergency. What I'm trying to say here is that most time what people call emergency is as a result of their poor financial decisions that they have made earlier. So you see, life can happen but most times is at a result of what the person have done earlier.

Of a truty, life can happen but that doesn't mean when am investor has a strong or huge emergency funds, it will not help them sort out their emergencies, even though not entirely, but at least 80 to 90% will be sorted out of planned correctly.