Buy Buy Buy or Sell Sell Sell?

[Dump3er]

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Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

"Real life assets" is another cntroversial term you are using because tell me about someone owning 100 BTC that this person isn't well equipped for "real life" as you call it. When your distinction is between real life and digital in the sense that you can't consume the digital asset in a form of food or use it as shelter, then what is it called when someone owns a piece of art for $100 million? Is it digital? Is it real life?

It's misleading when you make this distinction as bitcoin is probably one of the best real life assets someone could have accumulated over the last decade and even more, unless that person is living in a tent and sold their house. But even then that person can now buy 20 houses, so living in a tent paid off. This is not a recommendation to sell your house and buy BTC tomorrow and then live in a tent and wait, but making the distinction between real life and bitcoin as a digital asset makes no sense. Neither semantically nor logically.

Let's put it this way: what do you think which asset over the course of the last 15 years has changed more real lives than bitcoin? If something chages real lives, is it a real life asset?

[Bravut]

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Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

"Real life assets" is another cntroversial term you are using because tell me about someone owning 100 BTC that this person isn't well equipped for "real life" as you call it. When your distinction is between real life and digital in the sense that you can't consume the digital asset in a form of food or use it as shelter, then what is it called when someone owns a piece of art for $100 million? Is it digital? Is it real life?

It's misleading when you make this distinction as bitcoin is probably one of the best real life assets someone could have accumulated over the last decade and even more, unless that person is living in a tent and sold their house. But even then that person can now buy 20 houses, so living in a tent paid off. This is not a recommendation to sell your house and buy BTC tomorrow and then live in a tent and wait, but making the distinction between real life and bitcoin as a digital asset makes no sense. Neither semantically nor logically.

Let's put it this way: what do you think which asset over the course of the last 15 years has changed more real lives than bitcoin? If something chages real lives, is it a real life asset?

If you understand what "Real Life asset" means you would not be confused Mate. Real life asset are asset that exist in real world scenario and are tangible. Is Bitcoin tangible?
You are making a point out of nothing, Bitcoin changing lives as you said does not make it to be categorize as Real life asset. Art work, commodities, Real Estate are examples of Real life asset, I don't understand were you are coming from with your word "Controversial".

It never a misleading point, but a simple word for clarification as such distinction would keep members in a place of acquittance and would not be confused like you.

[Dump3er]

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Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

"Real life assets" is another cntroversial term you are using because tell me about someone owning 100 BTC that this person isn't well equipped for "real life" as you call it. When your distinction is between real life and digital in the sense that you can't consume the digital asset in a form of food or use it as shelter, then what is it called when someone owns a piece of art for $100 million? Is it digital? Is it real life?

It's misleading when you make this distinction as bitcoin is probably one of the best real life assets someone could have accumulated over the last decade and even more, unless that person is living in a tent and sold their house. But even then that person can now buy 20 houses, so living in a tent paid off. This is not a recommendation to sell your house and buy BTC tomorrow and then live in a tent and wait, but making the distinction between real life and bitcoin as a digital asset makes no sense. Neither semantically nor logically.

Let's put it this way: what do you think which asset over the course of the last 15 years has changed more real lives than bitcoin? If something chages real lives, is it a real life asset?

If you understand what "Real Life asset" means you would not be confused Mate. Real life asset are asset that exist in real world scenario and are tangible. Is Bitcoin tangible?
You are making a point out of nothing, Bitcoin changing lives as you said does not make it to be categorize as Real life asset. Art work, commodities, Real Estate are examples of Real life asset, I don't understand were you are coming from with your word "Controversial".

It never a misleading point, but a simple word for clarification as such distinction would keep members in a place of acquittance and would not be confused like you.

You brought up an important word, which is tangible, and yet you continue to confuse terminlogy or even make up your own analogies and explanations that in turn show you lack logic and semantic. Bitcoin is very real, yet intangible. But intangibility doesn't make anything unreal. Goodwill that is being paid in M&A is very real, but it is intangible. Get your terminology right, then get back to me again.

[Barikui1]

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Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

"Real life assets" is another cntroversial term you are using because tell me about someone owning 100 BTC that this person isn't well equipped for "real life" as you call it. When your distinction is between real life and digital in the sense that you can't consume the digital asset in a form of food or use it as shelter, then what is it called when someone owns a piece of art for $100 million? Is it digital? Is it real life?

It's misleading when you make this distinction as bitcoin is probably one of the best real life assets someone could have accumulated over the last decade and even more, unless that person is living in a tent and sold their house. But even then that person can now buy 20 houses, so living in a tent paid off. This is not a recommendation to sell your house and buy BTC tomorrow and then live in a tent and wait, but making the distinction between real life and bitcoin as a digital asset makes no sense. Neither semantically nor logically.

Let's put it this way: what do you think which asset over the course of the last 15 years has changed more real lives than bitcoin? If something chages real lives, is it a real life asset?

If you understand what "Real Life asset" means you would not be confused Mate. Real life asset are asset that exist in real world scenario and are tangible. Is Bitcoin tangible?
You are making a point out of nothing, Bitcoin changing lives as you said does not make it to be categorize as Real life asset. Art work, commodities, Real Estate are examples of Real life asset, I don't understand were you are coming from with your word "Controversial".

It never a misleading point, but a simple word for clarification as such distinction would keep members in a place of acquittance and would not be confused like you.

Bro, please stop trying to mislead people, Bitcoin is an asset just as every other asset,  like gold, stock, land, diamond etc, you are here arguing that Bitcoin is not a real life asset, so I want to ask you, what is real life asset to you?

Is technology not part of our today's world? Are you trying to say that since Bitcoin is not an asset that is physically seen, it's not a real life asset to you?

Try your possible best to read more, so that you can learn, and stop arguing blindly, because you are ignorantly misleading people, because a newbie might see what you are saying now and think it's actually true, which we all know that it's not.

[Sim_card]

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.

Leaving a little money for needs that we don't expect is of course very important because if we don't have these funds and choose to invest all the savings we have, of course this will make us unable to carry out investments well, because we cannot know the need for these funds. with certainty and if we don't have it when we need it, of course this will make us have to pay back what we have invested, both in terms of losses and profits. If it is in favorable conditions, of course this is certainly not a problem, but if the investment conditions we are in If you don't run it in good condition, of course you have to take it in a situation that is detrimental to you.

Yea, it is good to have an emergency funds and reserve funds down, including floats to enable you take care of any financial issues that arises during your bitcoin accumulation journey. After you have taken care of your monthly expenses and needs, the left over is your discretionary income and that should be shared into two parts and invest with one part on bitcoin buying regularly weekly or monthly using DCA for 4-10yrs. The other part can be used to build your emergency funds for at least 3-6 months, after that you can switch over to building your reserve funds. It is a long time journey and any investor that plans it properly will be able to achieve a good result after 10 years and will also be able to reach his bitcoin target.

If you don't have an emergency funds to take care of emergencies that might arise, you will not survive in your bitcoin journey, because you will sell when you don't want to sell because of some unforseen challenges. Reserve funds are for backing up our emergency fund so that we only touch our emergency funds when a real emergency occurs.

[JayJuanGee]

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.

You have the correct idea Mr.sprin - however, the longer you invest into something (whether bitcoin or anything else), then the more likely your investment is going to become way larger than the various kinds of savings (presumptively fiat for emergency fund, reserves and/or float), and so the main thing to consider about your various cash reserves is to maintain them to such a level that they are able to cover various aspects of your expenses, including your emergency expenses might be something that you will never have to dip into your emergency fund, but yeah the various kinds of reserves in cash should be in place so that you never have to dip into your bitcoin investment at a time that is not completely of your own choosing, including that if you are investing into something volatile like bitcoin and if you have a long term time horizon on your bitcoin investment, such as 4-10 years or longer, then you should be going into your bitcoin investment with extra money that you are not going to need for 4-10 years or longer and even with the consideration that it is possible that you will 100% lose your investment into bitcoin.

Surely no one wants to lose their investment, yet when we are investing into something as volatile as bitcoin, we should consider the actual existence of both upside and downside scenarios while at the same time figuring our allocation in accordance with various kinds of probability based calculations of the future.

I also see that @Marvelockg gave some decently good examples in regards to how cash management and/or investing remains dynamic in such a way that we figure out ways to attempt to follow some kind of plan but also potentially adapt our plan as we grow our various kinds of funds in terms of what might be in our various reserves as compared to our various investments, and presumptively if we are invested 10-20 years or longer, our investment porfolio might end up being 95% or more than the cash portions of our funds, even though there is going to be variations that our own experience will help to inform us how much we might want to keep in cash/cash equivalent versus various kinds of investments so there well end up being some folks who feel more comfortable to have higher portions of their overall investment portfolio in cash or cash equivalents, whether that is 10%, 25%, 50% or some other amount that is comfortable for them and tailored towards their various individual factors including considering their 9 individual factors.

[edited out]

If you understand what "Real Life asset" means you would not be confused Mate. Real life asset are asset that exist in real world scenario and are tangible. Is Bitcoin tangible?
You are making a point out of nothing, Bitcoin changing lives as you said does not make it to be categorize as Real life asset. Art work, commodities, Real Estate are examples of Real life asset, I don't understand were you are coming from with your word "Controversial".

It never a misleading point, but a simple word for clarification as such distinction would keep members in a place of acquittance and would not be confused like you.

I do agree with the idea that in some circumstances, it can be good to distinguish between digital and physical assets, since they are different, even though there may be times when they overlap, especially if there sometimes might be attempts to monetize physical assets in digitalized ways, but there still remains various distinctions that are worth appreciating rather than convoluting the categories as  Dump3er seems to accomplish...even if he otherwise made some interesting points, he also seems to have had confused some of the distinguishing matters that actually exist with the frameworks, too.

If you don't have an emergency funds to take care of emergencies that might arise, you will not survive in your bitcoin journey, because you will sell when you don't want to sell because of some unforseen challenges. Reserve funds are for backing up our emergency fund so that we only touch our emergency funds when a real emergency occurs.

Exactly!!!  A mistake that a lot of newbie investors make is to end up using some or all of their bitcoin investment as an emergency fund, and so when some emergency comes they consider that they are just going to draw "a bit" from their bitcoin investment and take care of any kind of "real world" expenses matters that may come about, and so part of the short-sightedness of such an approach is that bitcoin tends to be all over the place in terms of value, so that when the emergency ends up coming, it may well end up being at the exact worst time to be selling bitcoin or maybe if it is not exactly the worst time to sell bitcoin, it is not a good time to be selling bitcoin, so in those cases, a person may well have had been better off buying bitcoin rather than selling, but if they are suffering from an emergency, it may well be possible that their own poor cashflow management had ended up contributing to their creating an emergency situation for themselves... so yeah, there can be a lot of value in having extra cash hanging around, even if that cash is "not working" in any kind of direct way, but in some kind of indirect way, that "non working" cash may end up allowing for staying invested in bitcoin in a fairly aggressive way, even during times in which bitcoin's price performance might not be doing very well, relatively speaking.. yet at the same time, it is either best to stay in the bitcoin investment or to buy more and at the same time, it is understandable that sometimes folks run out of money and they cannot buy more bitcoin, but at least if they do not end up having to spend their BTC during such negatively volatile times, then at least they are likely going to be in a stronger financial and psychological position as compared with someone who had not engaged in good cashflow management.

[Jewan420]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

[bestcoins1]

You brought up an important word, which is tangible, and yet you continue to confuse terminlogy or even make up your own analogies and explanations that in turn show you lack logic and semantic. Bitcoin is very real, yet intangible. But intangibility doesn't make anything unreal. Goodwill that is being paid in M&A is very real, but it is intangible. Get your terminology right, then get back to me again.

This is quite a tense comment, of course and I quite like comments like this because they can open up many people's minds in understanding what and how Bitcoin really is. Because if there are many people who can believe in electric pulses and the like which have no form but can have very real results, why are there still some people who find it difficult to understand that Bitcoin is real, which historically alone is enough to provide proof that Bitcoin it is the best that exists in this world. This is certainly very surprising for people who already believe that Bitcoin is real, because they will see that people who don't believe that Bitcoin is real are lay people.

[Sim_card]

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.

Leaving a little money for needs that we don't expect is of course very important because if we don't have these funds and choose to invest all the savings we have, of course this will make us unable to carry out investments well, because we cannot know the need for these funds. with certainty and if we don't have it when we need it, of course this will make us have to pay back what we have invested, both in terms of losses and profits. If it is in favorable conditions, of course this is certainly not a problem, but if the investment conditions we are in If you don't run it in good condition, of course you have to take it in a situation that is detrimental to you.

Yea, it is good to have an emergency funds and reserve funds down, including floats to enable you take care of any financial issues that arises during your bitcoin accumulation journey. After you have taken care of your monthly expenses and needs, the left over is your discretionary income and that should be shared into two parts and invest with one part on bitcoin buying regularly weekly or monthly using DCA for 4-10yrs. The other part can be used to build your emergency funds for at least 3-6 months, after that you can switch over to building your reserve funds. It is a long time journey and any investor that plans it properly will be able to achieve a good result after 10 years and will also be able to reach his bitcoin target.

If you don't have an emergency funds to take care of emergencies that might arise, you will not survive in your bitcoin journey, because you will sell when you don't want to sell because of some unforseen challenges. Reserve funds are for backing up our emergency fund so that we only touch our emergency funds when a real emergency occurs.

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

If you think that works for you fine, but what I understand is that you should only use your discretionary income to invest in bitcoin. This is, after taking care of your monthly needs and expenses, the left over is what you should share into two parts and use one part to buy bitcoin. This will enable you to be able to buy bitcoin regularly and persistently because the money that you are using for DCA is an amount that you will not be needing for long and that I what I am also doing. You can save up the other part to a good size while investing in bitcoin, and that can be used to build up your emergency, reserve funds and float. Since you are on a long term journey, that will help.

If all that is put in place, the second part of your discretionary income can then be used to DCA aggressively if you want. Your emergency funds should be in a good size of 3-6 months, since that is what will depend on how aggressive you will be when DCAing.

[Raflesia]

Leaving a little money for needs that we don't expect is of course very important because if we don't have these funds and choose to invest all the savings we have, of course this will make us unable to carry out investments well, because we cannot know the need for these funds. with certainty and if we don't have it when we need it, of course this will make us have to pay back what we have invested, both in terms of losses and profits. If it is in favorable conditions, of course this is certainly not a problem, but if the investment conditions we are in If you don't run it in good condition, of course you have to take it in a situation that is detrimental to you.

This is a basic thing that must be owned (must exist) in planning for good money management because after all, even if we have a large amount of money or income every month from the income we have but when money management is poor and does not anticipate basic things such as for needs and reserve funds then indeed income will continue to run out without leaving anything.

This is clearly dangerous because after all we cannot predict what will happen in the future that we will pass through and with the reserve fund that has been prepared from the start, we will indeed be more able to breathe freely when there are things that are not wanted considering the money we will use for other things is not used by unexpected needs because we already have a reserve fund as a form of anticipation of it.

Setting aside income to be used as a reserve fund will not make you hassle, instead it will make it easier for you because in the end if the funds are not used then it can be used as a better thing such as investment or other things so that it will not make you lose.

[laijsica]

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.

Leaving a little money for needs that we don't expect is of course very important because if we don't have these funds and choose to invest all the savings we have, of course this will make us unable to carry out investments well, because we cannot know the need for these funds. with certainty and if we don't have it when we need it, of course this will make us have to pay back what we have invested, both in terms of losses and profits. If it is in favorable conditions, of course this is certainly not a problem, but if the investment conditions we are in If you don't run it in good condition, of course you have to take it in a situation that is detrimental to you.

Yea, it is good to have an emergency funds and reserve funds down, including floats to enable you take care of any financial issues that arises during your bitcoin accumulation journey. After you have taken care of your monthly expenses and needs, the left over is your discretionary income and that should be shared into two parts and invest with one part on bitcoin buying regularly weekly or monthly using DCA for 4-10yrs. The other part can be used to build your emergency funds for at least 3-6 months, after that you can switch over to building your reserve funds. It is a long time journey and any investor that plans it properly will be able to achieve a good result after 10 years and will also be able to reach his bitcoin target.

If you don't have an emergency funds to take care of emergencies that might arise, you will not survive in your bitcoin journey, because you will sell when you don't want to sell because of some unforseen challenges. Reserve funds are for backing up our emergency fund so that we only touch our emergency funds when a real emergency occurs.

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

If you think that works for you fine, but what I understand is that you should only use your discretionary income to invest in bitcoin. This is, after taking care of your monthly needs and expenses, the left over is what you should share into two parts and use one part to buy bitcoin. This will enable you to be able to buy bitcoin regularly and persistently because the money that you are using for DCA is an amount that you will not be needing for long and that I what I am also doing. You can save up the other part to a good size while investing in bitcoin, and that can be used to build up your emergency, reserve funds and float. Since you are on a long term journey, that will help.

If all that is put in place, the second part of your discretionary income can then be used to DCA aggressively if you want. Your emergency funds should be in a good size of 3-6 months, since that is what will depend on how aggressive you will be when DCAing.

How much of disposable income should be DCA and how much should be floated in cash mainly depends on the financial soundness of the investor as he may already have a lot of float so he should be aggressive. One thing you should consider here is that if an investor or depositor already has enough floating cash to cover his family's daily expenses for at least more than a year, he should deposit two-thirds or more of Bitcoin instead of just dividing his disposable income into two. can do In this case he may do aggressive buying which can get a decent portfolio in a short span of time. You should aim to accumulate bitcoins by managing DCA for a long period of time which is at least 10 years or more.

Your aggressive buying level should be as per your plan as positive strategy in your investment can help your profit to be high. During the regular DAC operation period you will be exposed to various price offers and you will tend to buy more bitcoins in relatively bearish times. It is important to be aggressive when doing DCA consistently and have a DCA stash of at least 2-3 years because of the maturity of your investments.

[Falconer]

-snip-

This is a basic thing that must be owned (must exist) in planning for good money management because after all, even if we have a large amount of money or income every month from the income we have but when money management is poor and does not anticipate basic things such as for needs and reserve funds then indeed income will continue to run out without leaving anything.

This is clearly dangerous because after all we cannot predict what will happen in the future that we will pass through and with the reserve fund that has been prepared from the start, we will indeed be more able to breathe freely when there are things that are not wanted considering the money we will use for other things is not used by unexpected needs because we already have a reserve fund as a form of anticipation of it.

Setting aside income to be used as a reserve fund will not make you hassle, instead it will make it easier for you because in the end if the funds are not used then it can be used as a better thing such as investment or other things so that it will not make you lose.

The main aim of investment is to generate returns, this can be short term or long term. If you have a good long-term financial plan, then you will never ignore the opportunity to invest when you have a budget. Bitcoin investment is one of the most recommended besides real assets, but you should not invest 100% in bitcoin because at the same time you still have to have a reserve budget for other needs.

Prepare for the future better than now, invest the money to ensure that in your old age you won't have financial problems. Prepare your finances for the future so you can pay for your children's school fees and so on. By investing, these goals are possible to achieve instead holding fiat.

[tiCeR]

-snip-

This is a basic thing that must be owned (must exist) in planning for good money management because after all, even if we have a large amount of money or income every month from the income we have but when money management is poor and does not anticipate basic things such as for needs and reserve funds then indeed income will continue to run out without leaving anything.

This is clearly dangerous because after all we cannot predict what will happen in the future that we will pass through and with the reserve fund that has been prepared from the start, we will indeed be more able to breathe freely when there are things that are not wanted considering the money we will use for other things is not used by unexpected needs because we already have a reserve fund as a form of anticipation of it.

Setting aside income to be used as a reserve fund will not make you hassle, instead it will make it easier for you because in the end if the funds are not used then it can be used as a better thing such as investment or other things so that it will not make you lose.

The main aim of investment is to generate returns, this can be short term or long term. If you have a good long-term financial plan, then you will never ignore the opportunity to invest when you have a budget. Bitcoin investment is one of the most recommended besides real assets, but you should not invest 100% in bitcoin because at the same time you still have to have a reserve budget for other needs.

Prepare for the future better than now, invest the money to ensure that in your old age you won't have financial problems. Prepare your finances for the future so you can pay for your children's school fees and so on. By investing, these goals are possible to achieve instead holding fiat.

I see this slightly different. Of course an investment could in general generate returns both in the short and in the long term, but from what I understand investing is more about a long term strategy aiming at building wealth over the longer period of time and in a best case with a strategy in place. If someone aims for short term returns, it's pure speculation. There is a difference between flipping a coin and knowing whether your doubled your money within seconds, or whether you have a plan in place, put effort into the analysis of a potential investment and have a long term plan both for building your position and a possible exit scenario. When you flip a coin, what is the exit scenario? I wouldn't call that investing.

[Justinapeter]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

Emergency fund is not recommended for investing in bitcoin but no bad to use it because put emergency fund in bitcoin have potential in the future price keep increasing than hold in pocket only, not really difficult for withdrawing emergency fund when saving in Bitcoin due put or hold in exchange wallet and when emergency happening to us we can sell and withdraw to bank account without take 10 minutes. No one can't predicting when happening with something urgent for us and my opinion better put emergency fund in bitcoin investment and seems the same when have parent hold or save their money allocated for children education. Hold in the bank can make it double although we start investing when our children under two or three years and take at seven or ten years later. Its very important allocated our fund for children cost but effective when saving or put in Bitcoin.

[Ruttoshi]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

Emergency fund is not recommended for investing in bitcoin but no bad to use it because put emergency fund in bitcoin have potential in the future price keep increasing than hold in pocket only, not really difficult for withdrawing emergency fund when saving in Bitcoin due put or hold in exchange wallet and when emergency happening to us we can sell and withdraw to bank account without take 10 minutes. No one can't predicting when happening with something urgent for us and my opinion better put emergency fund in bitcoin investment and seems the same when have parent hold or save their money allocated for children education. Hold in the bank can make it double although we start investing when our children under two or three years and take at seven or ten years later. Its very important allocated our fund for children cost but effective when saving or put in Bitcoin.

It is wrong to put your emergency funds in bitcoin and it is a bad idea. Emergency funds should be in cash and not in bitcoin. The reason is because if you put your emergency funds in bitcoin, and an emergency occurs when bitcoin price is in the dip, you will run at loss when withdrawing your funds from bitcoin totake care of that emergency. What if the emergency is the actual amount of funds that you have saved for up as your emergency funds. It means that when such emergency occur, and your funds is in bitcoin, you will sell at loss and also sell part of your bitcoin to balance up the loss due to dip in price at the moment when that emergency occurred. This is why it is not wise to keep your emergency funds in bitcoin but fiat. For easy access and it is stable.

People that can keep their emergency funds in bitcoin are those investors that have accumulated more than enough Bitcoin or feel that they have enough Bitcoin, because they have reached their bitcoin target and if they sell, they will not run at loss either during the dip or when bitcoin price is high. Part of their bitcoin can serve as an emergency funds for them.

Emergency funds, reserve funds and float should be in fiat.

[JiiBs]

If you don't have an emergency funds to take care of emergencies that might arise, you will not survive in your bitcoin journey, because you will sell when you don't want to sell because of some unforseen challenges. Reserve funds are for backing up our emergency fund so that we only touch our emergency funds when a real emergency occurs.

Exactly!!!  A mistake that a lot of newbie investors make is to end up using some or all of their bitcoin investment as an emergency fund, and so when some emergency comes they consider that they are just going to draw "a bit" from their bitcoin investment and take care of any kind of "real world" expenses matters that may come about, and so part of the short-sightedness of such an approach is that bitcoin tends to be all over the place in terms of value, so that when the emergency ends up coming, it may well end up being at the exact worst time to be selling bitcoin or maybe if it is not exactly the worst time to sell bitcoin, it is not a good time to be selling bitcoin, so in those cases, a person may well have had been better off buying bitcoin rather than selling, but if they are suffering from an emergency, it may well be possible that their own poor cashflow management had ended up contributing to their creating an emergency situation for themselves...

There is a new world order on the arising and Bitcoin is a big player in that new world order. The shift on the societal plates isn’t one that vibrates the same for everyone to adjust with at its pace. Some might respond slowly while others a lot faster. This depends on how deep you are with the systems that once ran your life.
Someone like W. Buffet, one of the richest men by Forbes doesn’t really see much value in Bitcoin and the systems that backs its bankroll.

Therefore, you can imagine how they would ever tend to see Bitcoin for an asset. For all they know, it’s just some code online, designed by someone and it’s been used or maintained by many on the blockchain technology,,, maybe am not putting this in its best ways but yack, how the hell do they value such.

It comes to the question of how someone truly values a thing. While you might see value in one thing, someone some place else wouldn’t. Even in the real estate business, you don’t get to value the same house and property the same. Neither would you see some property what acquiring at a price.

But, we are talking about asset here and asset should be defined by its qualities and not the feel about it. That’s just an aspect of a human’s sensation and not all of that are the touch feeling or having to see them.
Assets can also exists in the digital realms. Bitcoin is as much an asset as the many of them properties out there, it’s qualities should be the qualifier.

[Btcdeybodi]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

Emergency fund is not recommended for investing in bitcoin but no bad to use it because put emergency fund in bitcoin have potential in the future price keep increasing than hold in pocket only, not really difficult for withdrawing emergency fund when saving in Bitcoin due put or hold in exchange wallet and when emergency happening to us we can sell and withdraw to bank account without take 10 minutes. No one can't predicting when happening with something urgent for us and my opinion better put emergency fund in bitcoin investment and seems the same when have parent hold or save their money allocated for children education. Hold in the bank can make it double although we start investing when our children under two or three years and take at seven or ten years later. Its very important allocated our fund for children cost but effective when saving or put in Bitcoin.

It is wrong to put your emergency funds in bitcoin and it is a bad idea. Emergency funds should be in cash and not in bitcoin. The reason is because if you put your emergency funds in bitcoin, and an emergency occurs when bitcoin price is in the dip, you will run at loss when withdrawing your funds from bitcoin totake care of that emergency. What if the emergency is the actual amount of funds that you have saved for up as your emergency funds. It means that when such emergency occur, and your funds is in bitcoin, you will sell at loss and also sell part of your bitcoin to balance up the loss due to dip in price at the moment when that emergency occurred. This is why it is not wise to keep your emergency funds in bitcoin but fiat. For easy access and it is stable.

  Bitcoin investment is just about understanding the right approach to making sure that you do not tamper with your holdings in the short run so making provisions for emergency funds is a criteria that will ensure you won't touch your holdings because it will give you the liberty to attend to other arising expenses in the future instead of selling your Bitcoin when emergency arises and it will be unconscionable for anyone to sell BTC to Fiat just because you want to attend to an immediate problem.

People that can keep their emergency funds in bitcoin are those investors that have accumulated more than enough Bitcoin or feel that they have enough Bitcoin, because they have reached their bitcoin target and if they sell, they will not run at loss either during the dip or when bitcoin price is high. Part of their bitcoin can serve as an emergency funds for them.

Emergency funds, reserve funds and float should be in fiat.

Sure some people who have gotten a huge stash of bitcoin can still keep their emergency funds in Bitcoin but to me it will be unwise for any bitcoin investor to convert their Bitcoin to Fiat simply because they want to attend to an emergency because if it is a time when transactions fee are high and there is so much congestions in the mempool it will be difficult to attend to that emergency needs are that particular period of time since the transaction may be delayed and to withdraw little amount of Bitcoin with a high transaction fee is not ideal. However your ending paragraph is just the best way

[Kliss]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

Emergency fund is not recommended for investing in bitcoin but no bad to use it because put emergency fund in bitcoin have potential in the future price keep increasing than hold in pocket only, not really difficult for withdrawing emergency fund when saving in Bitcoin due put or hold in exchange wallet and when emergency happening to us we can sell and withdraw to bank account without take 10 minutes. No one can't predicting when happening with something urgent for us and my opinion better put emergency fund in bitcoin investment and seems the same when have parent hold or save their money allocated for children education. Hold in the bank can make it double although we start investing when our children under two or three years and take at seven or ten years later. Its very important allocated our fund for children cost but effective when saving or put in Bitcoin.

Emergency funds are meant to provide a safety net during unexpected events or financial shocks, and having them in bitcoin is not advisable.  I think people can keep their float/ reserve cash in bitcoin not emergency funds in bitcoin. Because  keeping emergency funds in Bitcoin It's not suited immediate need of it, to have quick access to funds in times of need, especially during emergencies. Keeping emergency funds in a stable form like fiat currency ensures that you can easily access the money without worrying about market fluctuations affecting the value when you need it the most. It's wise to prioritize stability and accessibility when it comes to emergency funds.  keeping float or reserve cash in Bitcoin could be a viable option for those who want to potentially benefit from the asset's appreciation, while maintaining a separate emergency funds in fiat currency for quick access and stability.  having emergency funds in a stable and easily accessible form is crucial. Fiat currencies like cash or money market funds are ideal for this purpose, as they are less volatile and widely accepted.

[Jewan420]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

Emergency fund is not recommended for investing in bitcoin but no bad to use it because put emergency fund in bitcoin have potential in the future price keep increasing than hold in pocket only, not really difficult for withdrawing emergency fund when saving in Bitcoin due put or hold in exchange wallet and when emergency happening to us we can sell and withdraw to bank account without take 10 minutes. No one can't predicting when happening with something urgent for us and my opinion better put emergency fund in bitcoin investment and seems the same when have parent hold or save their money allocated for children education. Hold in the bank can make it double although we start investing when our children under two or three years and take at seven or ten years later. Its very important allocated our fund for children cost but effective when saving or put in Bitcoin.

This is your misconception. Emergency funds should never be invested in any investment. If you earn bitcoins directly, you can save with bitcoins in an emergency fund. Very few people can earn bitcoins. If you don't earn bitcoins, if you do earn money, investing in an emergency fund or reserve fund to save bitcoins is a stupid thing to do. If that is the case, I would say there would be no need for an emergency fund. You invest and use additional bitcoins above the investment target limit if necessary. If you save in an emergency fund with bitcoins, you may face losses. Danger never comes. Danger can come at any time. When the Bitcoin price falls below the purchase price and you need money at that time, you will face losses. Both the standard of living and the crypto market are volatile. It is not possible to say exactly which is when. So, it is better to have an emergency fund with cash.

[Bravut]

Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.

Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.

Emergency fund is not recommended for investing in bitcoin but no bad to use it because put emergency fund in bitcoin have potential in the future price keep increasing than hold in pocket only, not really difficult for withdrawing emergency fund when saving in Bitcoin due put or hold in exchange wallet and when emergency happening to us we can sell and withdraw to bank account without take 10 minutes. No one can't predicting when happening with something urgent for us and my opinion better put emergency fund in bitcoin investment and seems the same when have parent hold or save their money allocated for children education. Hold in the bank can make it double although we start investing when our children under two or three years and take at seven or ten years later. Its very important allocated our fund for children cost but effective when saving or put in Bitcoin.

You are contradicting your statement, emergency funds is not to be confused with investing. If I get you clearly you are talking about investing emergency funds because it has potential to go up which is dumb. In as much as we are optimistic, during such emergency situation there is no guarantee that Bitcoin price would be high, we should stop unnecessary interpretation of stuff because "Bitcoin will surely pump Mentality".

Emergency funds is best save in fait, in 10 minutes unquestionable event might happen, your point lack base. Understand what Emergency really is before you talk...not you interpreting to investing it.