JJG’s Outline of Bitcoin Investment Ideas

[JayJuanGee]

Aggressiveness level remains a choice that each of us has.

Sure, we can proclaim that the more aggressive we are in buying bitcoin, then the more likely that we will profit in the future from our bitcoin investment, and accordingly we would presume that bitcoin prices will continue to go up... yet in the end, each person has to decide.

I frequently suggest that guys "should" try to invest in bitcoin as aggressively as they can without over doing it.

There is a difference between the use of the term "should" and "must."  Ultimately, when it comes to how whimpy or aggressive we are in the way that we buy bitcoin and in the way that we manage our cashflows, each of us chooses, and we are responsible for our choices.

This is true because in the end its your personal financial capacity that decides whether you will remain whimpy or aggressive in your Bitcoin accumulation. As we have seen that if a person falls in Hypo-15 (many of us fall in this category in the start) then he needs to be aggressive because he not only has to gather bitcoins but also build his emergency funds.

I agree with you that an overwhelmingly large number of newbies start their bitcoin investing journey without any investment portfolio and with needs to invest into bitcoin within the scope of the discretionary income that they earn from their employment.

Even though I frequently suggest that bitcoin investors should invest into bitcoin as aggressively as they can without over doing it, there is a difference between the use of the word "should" and the word "need" as you are proclaiming.

I should not have to repeat myself so much in terms of the same point.

Nonetheless, how aggressively any particular person (newbie or otherwise) (rich, poor, or otherwise) chooses to invest into bitcoin remains a choice within the boundaries of the discretionary income that he has.  He can choose to invest high percentages of his discretionary funds into bitcoin or low percentages, and like you said, he should be figuring out how to build up his back up funds at the same time that he is building up his bitcoin investment.

He may well have limitations in regards to how much is able to increase his discretionary income, yet many of us recognize/appreciate that the more he is able to increase his discretionary funds, then the more options he will tend to have.

Also by just looking at the capital of a person we can't say whether he is whimpy or aggressive because there are people who can spare 100$ per week from their net income and they are investing all that in Bitcoin while there are people who can invest 1000$ per week into Bitcoin yet they decide to spend only 500$ per week due to their own reasons.

We don't really need to know if they are whimpy or aggressive, since each person decides for himself based on both subjective and objective factors.

Within his own parameters he can choose to become more whimpy or more aggressive from week to week, and within your own example, if a person is able to invest $1k per week, then he chooses to invest $500 per week then he is being more whimpy relative to his other option.  I doubt that it is very helpful to compare one guy to another, even though it seems helpful to compare a guy relative to himself and other options that he could choose to exercise.

We can't say person who is investing 100$ is whimpy rather he is aggressive in his approach because he is investing what all he has at its disposal.  

Sure your $100 per week example may well be aggressive (and probably even overaggressive?) if he is investing all of his discretionary income into bitcoin, and surely I advocate to consider all three categories of allocation, even if there may be a lot of weighting towards bitcoin investment, and it would be way more healthy to allocate 80/10/10 to investing, savings and discretionary consumption rather than 100/0/0. It makes little sense to me to fail to allocate anything towards savings and discretionary consumption, and if a person is investing in bitcoin without allocating anything into savings and/or discretionary consumption, then my off the cuff presumption would be that he is overinvesting.

[edited out]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds. The core thing about investing in Bitcoin is to get discretionary income and start buying.

How are you going to know that you have discretionary funds if you do not have some extra funds that you know with high confidence will last you until the next time you get paid?  whether you call those extra funds: emergency funds, back up funds, reserve funds, float or some other term, you need some extra funds in order to make sure that you do not run out of money before the next time that you get paid.

I doubt anyone is proclaiming that you need full emergency funds, since it may well be the case that guys who are newer to bitcoin have a lower quantity of back up funds as compared with guys who have been in bitcoin for a while.  You cannot have absolutely zero back up funds -otherwise you have no way of knowing that you are going to be able to survive until your next paycheck.

There are people who might miss get what you are trying to say and think they will need to figure out emergency funds before starting their Bitcoin accumulation.

Huh?  Hopefully no one thinks that.  Many of us participating in this thread understand that there is importance in getting started investing in bitcoin, and surely it seems problematic to me to proclaim or to imply that no back up funds are needed, even though many of us understand that the ONLY thing really needed to get started investing in bitcoin is discretionary funds, yet how is a guy going to know that he has discretionary funds if he were to use all of it to buy bitcoin and not have any extra money so that he can make it until his next paycheck.

And on what you are saying about decisions making should not be on the future but the present, then I will say you are wrong. Bitcoin investment itself is about the future, it about making plans for your future. When a person begin to make decisions base on the current situation then they can easily get emotional about the market.

I don't see any problem with guys looking at whatever they like, the present, past and/or future.  Of course when we are considering our income/expenses, there is more immediacy for income/expenses that are within the same week or the same month, as compared with income /expenses that might be 3-6 months into the future or more. .. and yeah, maybe the further we project out, the more we might not know specifics, yet we might ballparkedly know what we expect to be happening, yet at the same time, being prepared for circumstances in which our income/expenses might end up changing.

[Creeper0]

That’s some major issue some folks are facing when come to accumulating bitcoin . They don’t know how to manage their finances. In order to build a solid investment in bitcoin I had to start working on my money mindset, on how I see money , there where time i was reckless with my money . Which was one major thing that slow down my investment. I couldn’t manage my funds properly, I was investing , yes. But without any structure. Now I’m already building a structure when come to allocating my earnings percentage. And now I’m investing smoothly and same time balancing my daily and emergency funds well . As you accumulate learn more to manage your holdings .

Both the progress and the foundation of unstructured investments can be questionable. The strength of our investment fund depends on our backup fund, which can be ensured through good financial management. Even to continue the progress of investment, it is important to maintain discipline in financial management.

If we neglect financial management and become reckless, then both the foundation and the progress of the investment fund will be threatened. Although there are some people who have good financial management skills but find it difficult or impossible to allocate discretionary funds, this is because they lack a source of discretionary income. So when it is not possible to allocate discretionary funds even through good financial management, you should focus on increasing your income.

[sotelorene]

They actually have a different mindset, and traders have a mindset of wanting to make quick money compared to those who do not want to trade. They will have to go into buying and then holding, and there is nothing wrong with doing both trading and also holding for a long time, and another thing now is that those who want to invest and hold for a very long time, then you will have to do DCA, and then you will use your discretionary income so everything have to come from them.

And you can keep some portion of Bitcoin and then also trade, and you don't need to do too much when it comes to trading, and once your bills are settled, then the remaining money can be used for something serious because most people don't even know what to do.

What are you teaching newbie here? To invest in Bitcoin and at same time trade some of their Bitcoin? Well, that is not a good one if you ask me and it is not a good practice because trading can distract so easily because it has to do with psychology, so imagine a newbie whose psychology is not built or strong enough to handle losses what do you think will happen? Of course they will temper with their portfolio to trade to recover what they have lost not knowing they are about donating money to the market by giving the market the liquidity needed. Note: don't invest and trade at same time it's no good practice.

[Futurexxx]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds.

Having an emergency funds is a must, if you want your Bitcoin investment to be successful, because sooner or later emergency may pop up, and if you don't have it in place to protect your investment, you are going to sell or temper with your investment, so it's a must, if you are not rich, because it's only the rich that can afford to invest in Bitcoin without having an emergency funds, since they have asset, rich friends, Uncle, auntie and colleagues that can come for their aid if they find themselves in any emergency situation that threatens their investment, but if you are not rich, then having it is a must for the survival of your Bitcoin investment.

[obuoma]

They actually have a different mindset, and traders have a mindset of wanting to make quick money compared to those who do not want to trade. They will have to go into buying and then holding, and there is nothing wrong with doing both trading and also holding for a long time

There is no one that is condemning trading but there are many reason we should not push this your idea of combining trading and investing. The first reason is that JayJuanGee made this thread for investors, to encourage people to build their Bitcoin portfolio and hold for long term which means discussing trading here may be out of place and likely defeat the purpose of this thread. The other reason is that many people that are following the conversation are probably people relatively new who have not met their Bitcoin accumulation target. Hence, joining trading with investing will not only slow their investment down, it may terminate it for some of them that will fail in trading. Instead of putting the investment capital at the risk of being lost, don't you think it would be better to just leave trading and concentrate on investing and holding?

And you can keep some portion of Bitcoin and then also trade, and you don't need to do too much when it comes to trading, and once your bills are settled, then the remaining money can be used for something serious because most people don't even know what to do.

It is not everyone that can do this efficiently because it is not easy to achieve. Instead of starting something that will lead to problem, it is best to avoid it. Trading comes with so much risks and emotions and not what everyone can handle.

[Tank67]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds.

Having an emergency funds is a must, if you want your Bitcoin investment to be successful, because sooner or later emergency may pop up, and if you don't have it in place to protect your investment, you are going to sell or temper with your investment, so it's a must, if you are not rich, because it's only the rich that can afford to invest in Bitcoin without having an emergency funds, since they have asset, rich friends, Uncle, auntie and colleagues that can come for their aid if they find themselves in any emergency situation that threatens their investment, but if you are not rich, then having it is a must for the survival of your Bitcoin investment.

And some people are so rich that they might not necessarily need an emergency fund, so it's a different case for different people. Everyone is going to do what is going to be very okay for them, and that is why, if you should look at it technically, some people are so rich that they don't even need DCA because the amount of Bitcoin they buy is usually huge, so we should cut our cut according to our size, you do what you know you are capable of doing.

[abaeze]

They actually have a different mindset, and traders have a mindset of wanting to make quick money compared to those who do not want to trade. They will have to go into buying and then holding, and there is nothing wrong with doing both trading and also holding for a long time, and another thing now is that those who want to invest and hold for a very long time, then you will have to do DCA, and then you will use your discretionary income so everything have to come from them.

And you can keep some portion of Bitcoin and then also trade, and you don't need to do too much when it comes to trading, and once your bills are settled, then the remaining money can be used for something serious because most people don't even know what to do.

What are you teaching newbie here? To invest in Bitcoin and at same time trade some of their Bitcoin? Well, that is not a good one if you ask me and it is not a good practice because trading can distract so easily because it has to do with psychology, so imagine a newbie whose psychology is not built or strong enough to handle losses what do you think will happen? Of course they will temper with their portfolio to trade to recover what they have lost not knowing they are about donating money to the market by giving the market the liquidity needed. Note: don't invest and trade at same time it's no good practice.

Not all arguments are equally effective for everyone everywhere, because everything in investment depends on each person's individual financial capabilities. For example, the method or strategy that Elon Musk and Michael Saylor invest in or take risks is impossible for the average investor. Therefore, depending on the investor's objectives, which method or strategy will be perfect for him or her to invest in. Since people are never considered as an example of exceptions. So, for those who prefer to hold Bitcoin for the long term rather than sell it, using the same funds for both trading and investing isn't a suitable approach. However, it can be done if they have separate sources of funds allocated for each purpose.

Therefore, for general investors in the case of long-term investment, investing and trading from the same source at the same time is never a good practice, because if there is any unwanted financial pressure, it can affect long-term investment. As a result, it may become mandatory to stop investing before the desired planned time.

[Agbam]

That’s some major issue some folks are facing when come to accumulating bitcoin . They don’t know how to manage their finances. In order to build a solid investment in bitcoin I had to start working on my money mindset, on how I see money , there where time i was reckless with my money . Which was one major thing that slow down my investment. I couldn’t manage my funds properly, I was investing , yes. But without any structure. Now I’m already building a structure when come to allocating my earnings percentage. And now I’m investing smoothly and same time balancing my daily and emergency funds well . As you accumulate learn more to manage your holdings .

Both the progress and the foundation of unstructured investments can be questionable. The strength of our investment fund depends on our backup fund, which can be ensured through good financial management. Even to continue the progress of investment, it is important to maintain discipline in financial management.

If we neglect financial management and become reckless, then both the foundation and the progress of the investment fund will be threatened. Although there are some people who have good financial management skills but find it difficult or impossible to allocate discretionary funds, this is because they lack a source of discretionary income. So when it is not possible to allocate discretionary funds even through good financial management, you should focus on increasing your income.

What is the investment fund you’re talking about? The investment fund is simply the money you use to purchase bitcoin or any other asset but what you’re talking about seem to be the investment itself and not the funds.

The strength of the investment funds is not dependent on the backup fund rather the investor determines how much of his discretionary income he allocates to both and his discretionary spending.

Financial discipline is important in managing funds and investing in bitcoin. To an extent a financial disciplined person or investor will always have discretionary income unless his or her income isn’t sufficient.

[BluebloodCXVI]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds.

Having an emergency funds is a must, if you want your Bitcoin investment to be successful, because sooner or later emergency may pop up, and if you don't have it in place to protect your investment, you are going to sell or temper with your investment, so it's a must, if you are not rich, because it's only the rich that can afford to invest in Bitcoin without having an emergency funds, since they have asset, rich friends, Uncle, auntie and colleagues that can come for their aid if they find themselves in any emergency situation that threatens their investment, but if you are not rich, then having it is a must for the survival of your Bitcoin investment.

And some people are so rich that they might not necessarily need an emergency fund, so it's a different case for different people. Everyone is going to do what is going to be very okay for them, and that is why, if you should look at it technically, some people are so rich that they don't even need DCA because the amount of Bitcoin they buy is usually huge, so we should cut our cut according to our size, you do what you know you are capable of doing.

Being wealthy is only gonna change a person’s financial capacity but it’s not gonna eliminate any risk or tradeoff that may be associated with any investment strategy that they might choose to use.

So if a person is rich enough not to need any traditional emergency fund set aside, it doesn’t mean that DCA is unnecessary, just as a person having money to buy a large amount of bitcoin doesn’t mean that lump sum is always the best investment approach, hope you get it ?

[drangos]

They actually have a different mindset, and traders have a mindset of wanting to make quick money compared to those who do not want to trade. They will have to go into buying and then holding, and there is nothing wrong with doing both trading and also holding for a long time, and another thing now is that those who want to invest and hold for a very long time, then you will have to do DCA, and then you will use your discretionary income so everything have to come from them.

And you can keep some portion of Bitcoin and then also trade, and you don't need to do too much when it comes to trading, and once your bills are settled, then the remaining money can be used for something serious because most people don't even know what to do.

What are you teaching newbie here? To invest in Bitcoin and at same time trade some of their Bitcoin? Well, that is not a good one if you ask me and it is not a good practice because trading can distract so easily because it has to do with psychology, so imagine a newbie whose psychology is not built or strong enough to handle losses what do you think will happen? Of course they will temper with their portfolio to trade to recover what they have lost not knowing they are about donating money to the market by giving the market the liquidity needed. Note: don't invest and trade at same time it's no good practice.

Not all arguments are equally effective for everyone everywhere, because everything in investment depends on each person's individual financial capabilities. For example, the method or strategy that Elon Musk and Michael Saylor invest in or take risks is impossible for the average investor. Therefore, depending on the investor's objectives, which method or strategy will be perfect for him or her to invest in. Since people are never considered as an example of exceptions. So, for those who prefer to hold Bitcoin for the long term rather than sell it, using the same funds for both trading and investing isn't a suitable approach. However, it can be done if they have separate sources of funds allocated for each purpose.

Therefore, for general investors in the case of long-term investment, investing and trading from the same source at the same time is never a good practice, because if there is any unwanted financial pressure, it can affect long-term investment. As a result, it may become mandatory to stop investing before the desired planned time.

I believe the problem is not on whether he can make a trade and invest at the same time. But whether he has the discipline to separate the two. Beginners tend to experience emotional pressure when they begin trading, particularly when they experience a losing streak. They could begin selling their long term investments in bitcoin to cover their trading losses. Thus going against the strategy of investing in bitcoins. This can be mitigated by maintaining separate accounts, but not being a successful trader. I think it's best for people just starting to invest to get their financial bearings and steadily buy Bitcoin through DCA before getting into the more volatile nature of active trading.

[BitBakerr1]

I agree with you, for those who invest in Bitcoin for the long term, it is more important to monitor the daily market price and pay attention to their financial situation. And if you invest regularly in the DCA method, the impact of price fluctuations can be somewhat managed. However, the investment amount should be such that it is not a problem to invest a small amount from your necessary expenses and the discretionary income that is left after putting it in an emergency fund.

As a long term bitcoin investor, you don't need to monitor the market because it will be a distraction for you to focus on your ongoingly buying bitcoin with DCA. There's nothing monitoring the market will add to your portfolio and it's for traders not for long term investors.

If you are monitoring the market, it might affect you emotionally and lead to wrong decisions which can make you regret your actions. Have a bitcoin target and stay focused on reaching your bitcoin target. Look for means to increase your income and the amount you are using to DCA.

Yeah you are correct, if you are holding bitcoin for a very long time, you don’t need to monitor the market always, just focus on accumulating your bitcoin.
What is the point in monitoring something that won’t benefit you anything good, whether the market is good or bad as a long term investor it’s not your business because you will keep accumulating and holding so what’s the point, and if you are not actually strong and knowledgeable about bitcoin you will be tempted or pressured to sell your bitcoin by monitoring it always, so stay away from looking at the bitcoin market regularly because it comes with no benefit as long term holders.

Monitoring the market is for traders and not long term investors.

[Sim_card]

I believe the problem is not on whether he can make a trade and invest at the same time. But whether he has the discipline to separate the two. Beginners tend to experience emotional pressure when they begin trading, particularly when they experience a losing streak. They could begin selling their long term investments in bitcoin to cover their trading losses. Thus going against the strategy of investing in bitcoins. This can be mitigated by maintaining separate accounts, but not being a successful trader. I think it's best for people just starting to invest to get their financial bearings and steadily buy Bitcoin through DCA before getting into the more volatile nature of active trading.

A brand new investor shouldn't even think about trading in the first place because he has already distracted himself from becoming a long term investor and build his bitcoin stash over time with DCA. Trading is a no go area for serious long term investor who has the long term insight of bitcoin. In the history of bitcoin, long term investors are winners and traders are losers because they run at loss in the long run since, they prefer to gamble with the price wave of bitcoin instead of ongoingly accumulating bitcoin for themselves overtime.

I don't even know why we are talking about trading in this thread when it's all about a long term bitcoin investment and the methods of accumulating bitcoin and the necessary things to do in order to be successful in your bitcoin accumulation. Trading is complex and anyone who starts trading will end up in losses and regret his actions. Brand new investors should stay away from trading and invest with DCA until you reach your bitcoin target.

[Promocodeudo]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds.

Are you proclaiming that it is not a must for Bitcoin investors to have emergency funds? you can say it is not a must to have it before you start your Bitcoin accumulation, but once you start your Bitcoin accumulation journey, it is expected of you to build your emergency fund along side with your Bitcoin portfolio, and it is a must if you really want to safeguard your Bitcoin investment, not doing this is like shooting yourself on the foot cause emergencies occurrences takes place unexpectedly and as investors we are to prepare for it, I'm sure  you now know that emergency funds is a must and very necessary.

[Showlove01]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds.

Are you proclaiming that it is not a must for Bitcoin investors to have emergency funds? you can say it is not a must to have it before you start your Bitcoin accumulation, but once you start your Bitcoin accumulation journey, it is expected of you to build your emergency fund along side with your Bitcoin portfolio, and it is a must if you really want to safeguard your Bitcoin investment, not doing this is like shooting yourself on the foot cause emergencies occurrences takes place unexpectedly and as investors we are to prepare for it, I'm sure  you now know that emergency funds is a must and very necessary.

You are absolutely correct, the fact that we don't need emergency funds before kick starting our Bitcoin investment doesn't mean we don't need it in our investment  so anyone who is thinking we don't need emergency funds at all definitely doesn't know what he or she is saying and it probably means they lack some knowledge about the whole idea of Bitcoin investment. Emergency funds is more like a house foundation, if the foundation is not good enough the building will definitely collapse in a little period of time.

[Brizi5000]

I believe the problem is not on whether he can make a trade and invest at the same time. But whether he has the discipline to separate the two. Beginners tend to experience emotional pressure when they begin trading, particularly when they experience a losing streak. They could begin selling their long term investments in bitcoin to cover their trading losses. Thus going against the strategy of investing in bitcoins. This can be mitigated by maintaining separate accounts, but not being a successful trader. I think it's best for people just starting to invest to get their financial bearings and steadily buy Bitcoin through DCA before getting into the more volatile nature of active trading.

If you’re talking about bitcoin investment then you should be straightforward and focus with the  investment plan and not to mix it with trading. A newbie don’t even need to go into trading in the first place when they’re yet to accumulate bitcoin and hold for long term to reach an accumulation target. To avoid selling their long term holding just to cover up for their trading loss then it would be better they just focus on the investment by regularly accumulating bitcoin with their discretionary income to build a decent portfolio and hold for long term gains where they could stand a more better chance of minimizing the risk of losses that they’re facing while trading bitcoin.

[Different patterns]

That’s some major issue some folks are facing when come to accumulating bitcoin . They don’t know how to manage their finances. In order to build a solid investment in bitcoin I had to start working on my money mindset, on how I see money , there where time i was reckless with my money . Which was one major thing that slow down my investment. I couldn’t manage my funds properly, I was investing , yes. But without any structure. Now I’m already building a structure when come to allocating my earnings percentage. And now I’m investing smoothly and same time balancing my daily and emergency funds well . As you accumulate learn more to manage your holdings .

When investing you shouldn't lose yourself because of investment, what I mean is that your investment needs sacrifice and discipline to survive and mature which is 100% needed but the moment you cannot balance the two, that is making sacrifices for your investment and also maintaining or accumulating your bitcoin investment consistently, you will end up regretting your actions because of your inability to balance and make necessary decisions that will help your investment to grow without affecting you negatively and make you look like you are suffering. So that's the main reason you should settle essential needs, have emergency funds and make investments according to your commitment at regular intervals because all of these decisions are to help you see how important your decisions can help you in the long run and also save yup when you are in dire need without terminating your investment at all.

[Princess Leah]

When investing you shouldn't lose yourself because of investment, what I mean is that your investment needs sacrifice and discipline to survive and mature which is 100% needed but the moment you cannot balance the two, that is making sacrifices for your investment and also maintaining or accumulating your bitcoin investment consistently, you will end up regretting your actions because of your inability to balance and make necessary decisions that will help your investment to grow without affecting you negatively and make you look like you are suffering. So that's the main reason you should settle essential needs, have emergency funds and make investments according to your commitment at regular intervals because all of these decisions are to help you see how important your decisions can help you in the long run and also save yup when you are in dire need without terminating your investment at all.

Everything in life has it rules and when abide to would bring forth success, Bitcoin investment is not left out and if investors abide to things that would make the investment successful then they won't fail or suffer as you put it. Although sometimes doesn't mean it's over cause in Bitcoin investment, mistakes are bound to happen but learning from them is important.

 If an investor can be able to note errors and correct it then success can also be achieved to on the long run, it's when the person keeps repeating same things maybe use strategy that attracts delay or sell at lose that's when the person would be far or a bit far from achieving success in the investment.

[Reliable Swap]

Purchasing an account from a proprietary trading firm can be a sound investment in the cryptocurrency space.
For a relatively modest sum, you can acquire an account with a very substantial balance.
If you trade prudently, you can recoup your initial investment within one to two weeks.
Furthermore, trading under strict conditions encourages a more disciplined approach, prompting traders to analyze their positions with greater care.
   

[Bluedrem]

You are absolutely correct, the fact that we don't need emergency funds before kick starting our Bitcoin investment doesn't mean we don't need it in our investment  so anyone who is thinking we don't need emergency funds at all definitely doesn't know what he or she is saying and it probably means they lack some knowledge about the whole idea of Bitcoin investment. Emergency funds is more like a house foundation, if the foundation is not good enough the building will definitely collapse in a little period of time.

I don't really understand why an emergency fund would be needed when a person thinks about investing in Bitcoin. But wasn't there a possibility of an emergency situation arising before thinking about investing in the coin? In that case, didn't he already have an emergency fund ready?
I think most people who are thinking about investing in Bitcoin have already created an emergency fund.
But yes, those who don't have an emergency fund don't need to create an emergency fund in the beginning and then invest in Bitcoin. He can create an emergency fund along with investing in Bitcoin. That is, when a person has a reasonable income, he will invest in Bitcoin from that income along with financing the emergency fund. And after accumulating money in the emergency fund, when he feels that he has enough money to deal with an emergency (at least an amount equivalent to meeting his basic needs for three months), he can increase his Bitcoin purchases with that money or create a separate fund with which he can buy Bitcoin in DIP at a later time (since many people like to buy aggressively when the price drops).

[Female King]

I get your point about how emergency funds is in every investment, but don’t make it sound like a must, there are people who go into investment without having emergency funds.

Those people who go into investment without having an emergency funds which type of investment is it because you didn't mentioned it but if it's bitcoin then there is need for an emergency funds because this is what will save your bitcoin not to be sold half way, those that go into bitcoin investment without an emergency funds are traders, they don't need an emergency funds because they will sell off any day, they are not in the market for a long time, but for a long time investors they need an emergency funds to balance up their bitcoin investment.

Emergency situation can come up anytime and if you don't have any your next target will be to sell out to sort everything out, anyone without any emergency funds are only just gambling with their bitcoin investment.