Buy Buy Buy or Sell Sell Sell?

[Grease5000]

that there is no need to sell Bitcoin because the bitcoin is owned by us who have it so that with the funds saved of course these funds serve as emergency funds that become our tool to help us when the position and situation we experience are at its deepest distance,

Never use Bitcoin as an emergency fund. Because the Bitcoin market is very unstable, it is impossible to say when what will happen in the market. If the price of Bitcoin drops significantly and you experience financial difficulties at that time, you may be unable to cope with the financial crisis or may have to sell Bitcoin at a loss to cope with the financial crisis. Therefore, never use Bitcoin as an emergency fund.

Using Bitcoin as an emergency fund is another idea, because I think it's clear that investing in Bitcoin can't be linked to an emergency fund. Instead, Bitcoin investments themselves must be protected from the emergency fund. This is to ensure the investment runs smoothly. Therefore, we must truly recognize that risk management and financial management must be properly managed when investing in Bitcoin. Otherwise, I'm sure nothing will go according to plan.

Although investing in Bitcoin is the easiest and simplest option, if someone can't execute it properly, the potential for failure is still high. Therefore, investing in Bitcoin must be within our means. The key is not to force it or make wrong decisions like investing all our money in Bitcoin, including emergency funds and reserve funds. Because that won't be good, but will actually make things difficult.

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

[Jamestown70]

If one can save fiat for emergency or unforseen circumstances then BTC too can play that role. BTC is money so it can play a lot of role in someone's journey to freedom from the shackles of poverty. Keep investing in BTC or hold the one's you have,if you are scared of the dip in price then sell some and keep some. BTC is here to stay though the market is unpredictable.

Bigjoe158, there’s a reason it’s called emergency fund, emergency is never expected, saving your emergency fund in Bitcoin will only lead you into gambling with your Bitcoin investment. For instance, you put your emergency fund and your discretionary fund into your Bitcoin portfolio and then an emergency arises, unfortunately for you, during that period the price is on a downtrend, while withdrawing, I guess you’ll liquidate that same amount of emergency fund in fiat, but because of the reverse in price, you’re not just liquidating the assume emergency fund  but including your discretionary fund you’ve put into your Bitcoin portfolio.

You also made mention of those scared of the price fall should sell, realistically speaking, those investors that has been into Bitcoin accumulation for a long term can attest to this, most of them don’t panic on the dip rather, they panic when Bitcoin has hit a new ATH, because they’ll be tempted to sell and keep the profit and/or wait for another dip to be able to hoard more Bitcoin, but yet most of them never did because they have a long term plan.

What you should be suggesting to newbie is to buy bitcoin with that amount of money they won’t be needing anytime soon, and also try to get a source of income and a long term goal so they don’t panic when the Bitcoin price is on its correction phase, rather it’ll be an opportunity to accumulate more Bitcoin to their stash.

[IjawMan]

If one can save fiat for emergency or unforseen circumstances then BTC too can play that role. BTC is money so it can play a lot of role in someone's journey to freedom from the shackles of poverty. Keep investing in BTC or hold the one's you have,if you are scared of the dip in price then sell some and keep some. BTC is here to stay though the market is unpredictable.

Emergency funds is what you can leverage on in the eruption of an unplanned circumstance at any time and it is to be saved in a liquid form where you can simply have access to it with no barriers as volatility which bitcoin possesses. Bitcoin do not serve a good role for saving emergency funds

Saving your emergency funds in bitcoin is wrong. It will be better to have it in fiat or stable coin (USDT) and not to save it in volatile asset as bitcoin. You may want to use your emergency funds on the grounds of a shocking situation and it can be that bitcoin price may be down and you be coerced to sell and convert your funds at a loss amount dew to the unpredicted circumstance.

[Pandorak]

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency funds should indeed be kept separately, because they are funds used for urgent needs in the future, so it would be better not to keep them in Bitcoin.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

NO, i think you are mistaken. You should not use it at all because this fund is intended for real-life emergencies. You can use your reserve fund when there is a sharp decline, when your discretionary funds are unavailable.

[internetional]

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency funds should indeed be kept separately, because they are funds used for urgent needs in the future, so it would be better not to keep them in Bitcoin.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

NO, i think you are mistaken. You should not use it at all because this fund is intended for real-life emergencies. You can use your reserve fund when there is a sharp decline, when your discretionary funds are unavailable.

I think both sides are partly right, depending on the fund's purpose. Emergency fund is usually for certainty and immediate access, so volatility-sensitive assets are risky for that role. But if someone separates funds by layers (cash buffer + long-term BTC stack), the strategy can still be coherent.

Maybe we can clarify with a few specifics first before saying "always yes" or "always no"?

I mean answering the questions like
- How many months of mandatory expenses does your emergency fund cover today?
- What maximum drawdown are you willing to tolerate in your emergency bucket?
- Are you mixing emergency reserve with "buy-the-dip" capital, or are they strictly separate?
etc.

[Davidloki]

Emergency funds is what you can leverage on in the eruption of an unplanned circumstance at any time and it is to be saved in a liquid form where you can simply have access to it with no barriers as volatility which bitcoin possesses. Bitcoin do not serve a good role for saving emergency funds

Saving your emergency funds in bitcoin is wrong. It will be better to have it in fiat or stable coin (USDT) and not to save it in volatile asset as bitcoin. You may want to use your emergency funds on the grounds of a shocking situation and it can be that bitcoin price may be down and you be coerced to sell and convert your funds at a loss amount dew to the unpredicted circumstance.

You are right. Any asset with high volatility should not be used to save up for emergencies, most especially Bitcoin because of the high volatility it posses. Emergency funds is best kept in fiat. Easy to access and easy to use. An emergency funds kept in Bitcoin will need to undergoes some process of transactions, and then converting to fiat before it can be used for it, which limits the idea of sorting out emergency. Emergency funds is not savings. People mistake it for regular savings because emergencies don't happen often.

[I_Anime]

that there is no need to sell Bitcoin because the bitcoin is owned by us who have it so that with the funds saved of course these funds serve as emergency funds that become our tool to help us when the position and situation we experience are at its deepest distance,

Never use Bitcoin as an emergency fund. Because the Bitcoin market is very unstable, it is impossible to say when what will happen in the market. If the price of Bitcoin drops significantly and you experience financial difficulties at that time, you may be unable to cope with the financial crisis or may have to sell Bitcoin at a loss to cope with the financial crisis. Therefore, never use Bitcoin as an emergency fund.

Using Bitcoin as an emergency fund is another idea, because I think it's clear that investing in Bitcoin can't be linked to an emergency fund. Instead, Bitcoin investments themselves must be protected from the emergency fund. This is to ensure the investment runs smoothly. Therefore, we must truly recognize that risk management and financial management must be properly managed when investing in Bitcoin. Otherwise, I'm sure nothing will go according to plan.

Although investing in Bitcoin is the easiest and simplest option, if someone can't execute it properly, the potential for failure is still high. Therefore, investing in Bitcoin must be within our means. The key is not to force it or make wrong decisions like investing all our money in Bitcoin, including emergency funds and reserve funds. Because that won't be good, but will actually make things difficult.

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

To me is not advisable to use your emergency money to accumulate or buy bitcoin. Your investment is not an emergency, because emergency funds is meant to handle expected and unexpected expenses, while for investing or saving we have discretionary income, which help to handle such after all of our necessary expenditure has been taken care of .

[Powerjumboo]

that there is no need to sell Bitcoin because the bitcoin is owned by us who have it so that with the funds saved of course these funds serve as emergency funds that become our tool to help us when the position and situation we experience are at its deepest distance,

Never use Bitcoin as an emergency fund. Because the Bitcoin market is very unstable, it is impossible to say when what will happen in the market. If the price of Bitcoin drops significantly and you experience financial difficulties at that time, you may be unable to cope with the financial crisis or may have to sell Bitcoin at a loss to cope with the financial crisis. Therefore, never use Bitcoin as an emergency fund.

Using Bitcoin as an emergency fund is another idea, because I think it's clear that investing in Bitcoin can't be linked to an emergency fund. Instead, Bitcoin investments themselves must be protected from the emergency fund. This is to ensure the investment runs smoothly. Therefore, we must truly recognize that risk management and financial management must be properly managed when investing in Bitcoin. Otherwise, I'm sure nothing will go according to plan.

Although investing in Bitcoin is the easiest and simplest option, if someone can't execute it properly, the potential for failure is still high. Therefore, investing in Bitcoin must be within our means. The key is not to force it or make wrong decisions like investing all our money in Bitcoin, including emergency funds and reserve funds. Because that won't be good, but will actually make things difficult.

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

It is better to keep the emergency fund for urgent work than to invest this money because you never know when you will need it and since the Bitcoin market is volatile, if you invest in emergency funds during this volatility, you will definitely have to sell it at a loss if you need it and you may regret it. Therefore, the emergency fund that is allocated for our needs should always be kept out of investment and we should invest the funds that we can easily accept and hold for a long time.

[Finebone]

It is better to keep the emergency fund for urgent work than to invest this money because you never know when you will need it and since the Bitcoin market is volatile, if you invest in emergency funds during this volatility, you will definitely have to sell it at a loss if you need it and you may regret it. Therefore, the emergency fund that is allocated for our needs should always be kept out of investment and we should invest the funds that we can easily accept and hold for a long time.

Investing with your emergency funds is like gambling with your Bitcoin holdings because in that scenario, emergency situation can arise or may not, so it's just gambling which is a very bad way to go about you bitcoin investment.
As the name implies, emergency funds is only meant for real life emergencies that may have compel you to temper with your Bitcoin investment, so once you start investing with it, that is nothing but gambling.

[CageMabok]

...

Investing with your emergency funds is like gambling with your Bitcoin holdings because in that scenario, emergency situation can arise or may not, so it's just gambling which is a very bad way to go about you bitcoin investment.
As the name implies, emergency funds is only meant for real life emergencies that may have compel you to temper with your Bitcoin investment, so once you start investing with it, that is nothing but gambling.

Using your emergency fund for anything else, as you mentioned, is clearly inappropriate because the funds are already allocated for other purposes, such as dealing with life emergencies. Therefore, when someone dares to use it for investment, I believe it's more reckless because when the situation becomes truly urgent, it will be difficult for that person to maintain their Bitcoin holdings if they don't have other funds available to address the emergency. So, in my opinion, it's completely inappropriate to use it, even though it can be used because it's already in the form of funds. However, every fund we save, regardless of income, always has a specific purpose, and it shouldn't be used haphazardly for anything other than its intended purpose.

[ruykeri]

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

The main function of an emergency fund is not to buy in DIP, its main function is to meet the urgent needs of life. Suppose your monthly expenses are $300. You decided to keep at least 3 months of expenses in the emergency fund, which means you will keep $900 in fiat. Now imagine the market has taken a big fall, you bought Bitcoin with $600 from the emergency fund in excitement, thinking it was the opportunity of a lifetime. Now only $300 is left in your emergency fund. Next month, your income suddenly stops, or your family has an emergency medical or accident costing $500. You have $300 in cash. What do you need to do to withdraw the remaining $200? You need to sell Bitcoin. At what time? Exactly at the time when the pressure on you is the highest, the market may be weak, and you are not mentally stable. Here, your long-term savings have decreased and you are forced to sell, it is often sold at a bad price. You did not go to make a profit by buying in DIP. In the end, you risk buying DIP and selling DIP again. Buying DIP with emergency funds means cutting your safety net. You will invest more money in Bitcoin depending on your income flow, not on the price.

[Female King]

It is better to keep the emergency fund for urgent work than to invest this money because you never know when you will need it and since the Bitcoin market is volatile, if you invest in emergency funds during this volatility, you will definitely have to sell it at a loss if you need it and you may regret it. Therefore, the emergency fund that is allocated for our needs should always be kept out of investment and we should invest the funds that we can easily accept and hold for a long time.

Investing with your emergency funds is like gambling with your Bitcoin holdings because in that scenario, emergency situation can arise or may not, so it's just gambling which is a very bad way to go about you bitcoin investment.
As the name implies, emergency funds is only meant for real life emergencies that may have compel you to temper with your Bitcoin investment, so once you start investing with it, that is nothing but gambling.

From the name we should be able to know what an emergency fund is, an emergency is when what we are not expecting to happen now happen if there is no way to settle it when it happen for us now not sell our bitcoin hodling to solve this emergency we can easily deep hand on the emergency fund and settle it out without selling any bitcoin. Using our emergency fund to accumulate bitcoin is gambling as you just say what we should use in accumulating bitcoin is our discretionary income and not the emergency fund, emergency fund should be use when real emergency occur unexpectedly.

[LogitechMouse]

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

Like you said, the market is unpredictable, If I may ask, how do you know when the market has finished it correction process so you can start buying?. You never know what the market is going to do next, from my perspective, if you’re waiting to buy the dip, you can as well introduce the DCA method while waiting, that way you don’t miss out even if Bitcoin price decides to reverse today.

I'm just saying that, but the reality is, I'm just speculating just like others here as well.
There's no way to know when the correction is over and we can start buying already.

One thing's for sure though. If we are in a bear market, that's a better time to buy compared to when we are in a bull run. Well, that's for obvious reasons, but when we are in a bear market, we don't even know the bottom of it yet, so like what you said, just doing DCA is the best thing to do because at the end of the day, if you bought during the bear market and during the accumulation phase (the next 2 years after the bear market), you will still make money during the bull run cycle. Of course, that's basing on the price movement history of Bitcoin and assuming that you didn't bought at the peaks of it.

The market is unpredictable like what you said that's why we need to make a strategy where we it will do better in an unpredictable market like the crypto market... or is it unpredictable? I mean we know that the 4-year cycle still exists so from there, you can make your own strategy already.

[Sticky Bomb]

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Fiat is good or even stable coins or in any form that has less volatility and can be converted to cash easily. When my country was experiencing higher inflation, I saved my energy fund in USDT to preserve it's value knowing fully well that I can convert it to Fiat if the needs arise.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

This isn't a good practice, emergency funds should be left for pure emergencies. This is because no one knows when emergencies does happen since it isn't planned for and what if you finish buying a major dip and there comes an emergency? Then you'll be left with no other option than to tap into your Bitcoin holdings to sort yourself out which isn't supposed.
You may even be unlucky and Bitcoin dips more than your entry point, then you'll be selling at a loss. Buying Bitcoin with your emergency funds is purely gambling with your portfolio and making it more vulnerable, it's best you don't touch your emergency funds unless you've pure emergencies to handle.

[PhilosopherKing]

Emergency funds are very effective when the market is going down.

Dude you don't know what you are saying. Why do you lot always think you could outrun volatility. Even emergency funds cannot protect anyone from volatility. Emergency funds prevent people from making the dumbest decision of selling when a emergency need comes up.

Emergency funds is only for treating emergencies in case any show up.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

That is pretty dumb. It is reserve fund that serve the purpose of accumulating more during price dips. Emergency fund should never be touched for investing Bitcoin matter how juicy that dip is.

Emergency funds are for one purpose only which is to handle emergency in case it shows up

[Gallar]

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

Like you said, the market is unpredictable, If I may ask, how do you know when the market has finished it correction process so you can start buying?. You never know what the market is going to do next, from my perspective, if you’re waiting to buy the dip, you can as well introduce the DCA method while waiting, that way you don’t miss out even if Bitcoin price decides to reverse today.

Yes, in a situation like this, investing in Bitcoin using the DCA method is clearly a very good idea. Basically, if you just wait to buy, it's clearly not the right decision. We don't know for sure which direction Bitcoin's price will move. Therefore, I believe there's no harm in continuing to buy using the DCA method while waiting for Bitcoin's price to move. This way, we won't lose any momentum during this market correction. So, the point is, if the Bitcoin market really does fall, we'll be happy because we can buy Bitcoin at a lower price. Then, if the Bitcoin price rises again, we won't regret it, because we've already bought Bitcoin using the DCA strategy. Therefore, we shouldn't just wait, because that would be incredibly boring.

[Charcol]

If one can save fiat for emergency or unforseen circumstances then BTC too can play that role. BTC is money so it can play a lot of role in someone's journey to freedom from the shackles of poverty. Keep investing in BTC or hold the one's you have,if you are scared of the dip in price then sell some and keep some. BTC is here to stay though the market is unpredictable.

You also made mention of those scared of the price fall should sell, realistically speaking, those investors that has been into Bitcoin accumulation for a long term can attest to this, most of them don’t panic on the dip rather, they panic when Bitcoin has hit a new ATH, because they’ll be tempted to sell and keep the profit and/or wait for another dip to be able to hoard more Bitcoin, but yet most of them never did because they have a long term plan.

We also believe that long term holders do not sell DIPs out of Fear..But the reason for worrying about ATH is not always greed, but rather market cycles. We have learned from the charts of the previous days that after every big ATH, there is a significant correction. There can be a drawdown of about 50%-70% in each cycle. Therefore, experienced investors do not get emotional at ATH, but think about risk management. Some take partial profits, some rebalance their portfolios, some may even adopt hedging strategies. This is not fear, but rather a strategy for us to preserve capital. Just as it is important for us to remain calm in DIPs, it is equally important for us to maintain discipline at high prices. Because both greed and fear can cause us equal losses in the market.

[Silikiem]

that there is no need to sell Bitcoin because the bitcoin is owned by us who have it so that with the funds saved of course these funds serve as emergency funds that become our tool to help us when the position and situation we experience are at its deepest distance,

Never use Bitcoin as an emergency fund. Because the Bitcoin market is very unstable, it is impossible to say when what will happen in the market. If the price of Bitcoin drops significantly and you experience financial difficulties at that time, you may be unable to cope with the financial crisis or may have to sell Bitcoin at a loss to cope with the financial crisis. Therefore, never use Bitcoin as an emergency fund.

Using Bitcoin as an emergency fund is another idea, because I think it's clear that investing in Bitcoin can't be linked to an emergency fund. Instead, Bitcoin investments themselves must be protected from the emergency fund. This is to ensure the investment runs smoothly. Therefore, we must truly recognize that risk management and financial management must be properly managed when investing in Bitcoin. Otherwise, I'm sure nothing will go according to plan.

Although investing in Bitcoin is the easiest and simplest option, if someone can't execute it properly, the potential for failure is still high. Therefore, investing in Bitcoin must be within our means. The key is not to force it or make wrong decisions like investing all our money in Bitcoin, including emergency funds and reserve funds. Because that won't be good, but will actually make things difficult.

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

Although it’s not like one cannot save emergency funds In bitcoin, sometimes most people chose to separate their emergency funds in different places, some chose to keep some in a high yield savings account but that might involve you some procedures before you can gain access to your emergency funds when in need of it. Most people save some In bitcoin probably because they wouldn’t want to be tempted to touch their emergency funds for something else since it is in a fiat currency but if it’s In bitcoin you can’t easily decide to use some for something not really worth it. But above all i think what really matters is that you should be able to easily access your emergency funds wherever it is being saved, whether in a fiat or bitcoin when needed for an emergency situation.

In the process of a major price dip i think that is where your reserve funds should come into play. You need at least 3-6 months of your daily  life expenses as emergency funds, but in some situations whereby you already have more than this 3-6 months of your daily life expenses i think only then can you take out some cash from there to buy in a major dip after you might have used up your reserve funds to buy perhaps in previous dip buying. But now when you’re still struggling to meet up with the standard 3-6months living expenses of emergency funds and you want to use money from there to buy a dip, it doesn’t work that way because emergency can come at any time.

[NewRevelation]

If one can save fiat for emergency or unforseen circumstances then BTC too can play that role. BTC is money so it can play a lot of role in someone's journey to freedom from the shackles of poverty. Keep investing in BTC or hold the one's you have,if you are scared of the dip in price then sell some and keep some. BTC is here to stay though the market is unpredictable.

You also made mention of those scared of the price fall should sell, realistically speaking, those investors that has been into Bitcoin accumulation for a long term can attest to this, most of them don’t panic on the dip rather, they panic when Bitcoin has hit a new ATH, because they’ll be tempted to sell and keep the profit and/or wait for another dip to be able to hoard more Bitcoin, but yet most of them never did because they have a long term plan.

We also believe that long term holders do not sell DIPs out of Fear..But the reason for worrying about ATH is not always greed, but rather market cycles. We have learned from the charts of the previous days that after every big ATH, there is a significant correction. There can be a drawdown of about 50%-70% in each cycle. Therefore, experienced investors do not get emotional at ATH, but think about risk management. Some take partial profits, some rebalance their portfolios, some may even adopt hedging strategies. This is not fear, but rather a strategy for us to preserve capital. Just as it is important for us to remain calm in DIPs, it is equally important for us to maintain discipline at high prices. Because both greed and fear can cause us equal losses in the market.

According to you guys, if the reason for selling some of there investment is due to saving there bitcoin because this fbtye correction that may happen in every circle and then later it grows as you have explained, then what is the real essence of selling in the first place, because according to you guys, after the drop of about 50-70% in each circle, it will later pump high, creating another ATH record, so if this is true, why not just wait till the season is over and then experience the new ATH with all your portfolio still intact? Don't you think it will he a lot of gain if one was consistently buying in this period of DIP you mentioned and then HODL till the DiP season is over?

Realistically, even though fear and greed may set in the DIP era, it is best for an investor who believes in the appreciating power of bitcoin to HODL into his portfolio and yet keep adding consistently, since its growth can also happen anytime, even greater than it declined previously

[Crytohillss]

Emergency fund should be saved in fiat currency not as Bitcoin. Because this fund can be use by Bitcoin holder any financial need if the arises with touching their Bitcoin  or having to sale off some of their Bitcoin to raise money.

Emergency funds should indeed be kept separately, because they are funds used for urgent needs in the future, so it would be better not to keep them in Bitcoin.

Emergency fund can also be used to accumulate more Bitcoin in the process of a major price dip.

NO, i think you are mistaken. You should not use it at all because this fund is intended for real-life emergencies. You can use your reserve fund when there is a sharp decline, when your discretionary funds are unavailable.

I think both sides are partly right, depending on the fund's purpose. Emergency fund is usually for certainty and immediate access, so volatility-sensitive assets are risky for that role. But if someone separates funds by layers (cash buffer + long-term BTC stack), the strategy can still be coherent.

Maybe we can clarify with a few specifics first before saying "always yes" or "always no"?

I mean answering the questions like
- How many months of mandatory expenses does your emergency fund cover today?
- What maximum drawdown are you willing to tolerate in your emergency bucket?
- Are you mixing emergency reserve with "buy-the-dip" capital, or are they strictly separate?
etc.

Honestly I think you people are making valid points here just from slightly different areas. An emergency fund is supposed to be boring on purpose it is there for job loss medical issues or anything that needs immediate attention in this note putting it in something volatile doesn't really match the job description, at the same time strategy depend on structure if anyone is pushing a layered system a real cash buffer for true emergencies and separate long term allocation.