Buy Buy Buy or Sell Sell Sell?

[Promocodeudo]

This is the major statement we get or thats usually used by altcoiners, this has always been their excuse all the time, sometimes I ask, if it will be better for me to put my eggs in different leaking basket or put them all in a trusted and basket without leakage that will guarantee their safety until they harsh, these mindset has renders most investors hopeless, am not against anyone making whatever move or decisions since they will be the ones to carry the cross at the end but I won't stop saying things the way it should be, Bitcoin investment is the most trusted and reliable as far as digital asset is concerned, so no one can deceive me with such adage when I know how dangerous those shitty things are, out there.

Ok. 

So how you going to deal with your bitcoin investment in the coming cycle or two?  Do you have anything besides bitcoin and cash?  Do you believe that no diversification is necessary or at what point would you start to consider that you might need to go beyond bitcoin and cash?

In the next cycle or more, my hodling will still be intact, for now i have not reach the level of my satisfaction and for that am not thinking of anything aside to keep accumulating Bitcoin as I can, since I have not thought of diversifying yet, my Bitcoin and the cash I do use to invest in Bitcoin which is discreationary income and the one I use in cartering for my needs is what I have for now.
I am not against diversificaton but am not a party to anyone that thinks that diversificaton must be in those shitty things, am not a fan of any random shit, I don't know for any other person but for me Bitcoin is the only digital currency I trust thats why am not afraid to preach about it but the decision to invest must be taken by the investor himself, I believe in diversificaton, there are other assets like, Real estate and Gold, it mustn't be something that may end up being a doom for us, at the point when am very much convinced that I have reach my limit and level of satisfaction then i can consider other assets as I listed, although things can also change, I might also change my mind to invest in them at anytime but that's if I have what it takes to do so, investment is continues process, what matters is the influx of money and how reliable and trusted the investments we want to diversify to, is.

[NewRevelation]

tampering your emergency funds because you want to invest may be too risky because may not be enough for any future emergency however DCA and discretional funds is still a better option to aquire more BTC.

Saying that tapping from your emergency funds to invest in Bitcoin maybe too risky is an under statement for me. It's is never done, and should not even be thought of by an investor because if done, will totally screw up the investment as surely, emergency situations will come, and without a readily and/or available emergency funds to tackle such situations will lead to sudden and unprepared sells in low price which might smell dead for the investment.

Emergency funds are meant for emergency situations, and should not be tampered with for investment or even buying the Dip if you must sustain your investment and keep your long term investment plan

[ejikeme24]

Emergency funds should be used only for emergency situation, we have different type of backup funds and they are emergency, reserve and float funds, you can use your reserve funds to accumulate Bitcoin whenever you want especially when there is a dip in Bitcoin, but using an emergency funds to invest in Bitcoin is a no  for me, sometimes I know you may be feeling that the emergency funds is just in the bank without being used because no emergency issues has happened it is advised you don't use your emergency funds to accumulate Bitcoin just continue keeping it for the emergency funds because just like you said Muba20 an emergency can happen at any time.

Although, I would say that it depends on the kind of situation they find themselves into. Take for instance in a week I'm sure that every investors have his or her day of making purchase that's for those who are into DCA, some might buy in Monday, the other Tuesday and so on. Take for instance you only have emergency funds available let's assume you're supposed to make your routine Bitcoin purchase today, and unfortunately your weekly or monthly income was postponed to the next day when you're sure of receiving your weekly or monthly income today. you know at this point in time you're Left with no option aside from investing from your emergency funds since it's the only fund available so the question is are you going to make use of the available funds (emergency funds) or you would prefer to skip your Bitcoin purchase for the week ? To me I would make use of the available one since I have a hope of replacing it back because I wouldn't want to watch the week slide when I still have alternative, It's only bad to use emergency funds to make Bitcoin purchase when you're not sure of making replacement.

[IjawMan]

[edited out]

Hey Tetu100, putting all hopes (eggs) I'm one basket is an idiom expression that means we should not pack all our money into a single investment asset no matter how we trust it to be safe investment as to minimize risk vulnerability. Spreading the money by diversifying into real-life assets like gold, stock, bonds and real estate while you can still make the high part of your investment in bitcoin since it is one of the best asset to invest on in this modern time.

At what point does a person start to buy gold, stocks, bonds, real estate etc?  Do they start their bitcoin investment out that way?

There is no particular point generally it depends on the Investor's financial goals and investments options and strategy which may  in the final analysis may vary from one individual to another.

Bitcoin is not like this traditional assets and I will not recommend to an individual to invest in bitcoin in the way they will do with the traditional assets.  For bitcoin the way to go about it is by investing in it with a long-time perspective on accumulation. And you can do this with your discretionary income

[AakZaki]

Emergency situation can't be quantifiable interms of how serious it is and how much maybe involved hence tampering your emergency funds because you want to invest may be too risky because may not be enough for any future emergency however DCA and discretional funds is still a better option to aquire more BTC.

Emergencies are unpredictable that’s exactly why they are called emergencies. We cannot foresee when we will get sick, when we might lose our job, when we need to repair our house or when any urgent situation may occur.
Therefore I believe using emergency funds for investment is a very risky decision. Not because of the fear of losing money in the investment itself, but because of the fear of not having funds available when they are truly needed.

Personally I never touch my emergency fund and even when I make profits from trading, I try to add to it. Because I realize that emergency savings must always exist to protect me from sudden financial crises.

[Barikui1]

Therefore I believe using emergency funds for investment is a very risky decision. Not because of the fear of losing money in the investment itself, but because of the fear of not having funds available when they are truly needed.

Anyone that takes such a step, by using his or her emergency funds to invest in Bitcoin is no longer investing in Bitcoin but he is gambling with his investment, which might likely cost him in the nearest future, because once emergencies arises and the emergency funds is not available that particular time, he will be forced to sell or temper with his Bitcoin investment to sorts out his the pressing emergency at hand, so this is a risky gamble all Bitcoin investor should avoid by all means.

[Hardyrobust]

Therefore I believe using emergency funds for investment is a very risky decision. Not because of the fear of losing money in the investment itself, but because of the fear of not having funds available when they are truly needed.

Anyone that takes such a step, by using his or her emergency funds to invest in Bitcoin is no longer investing in Bitcoin but he is gambling with his investment, which might likely cost him in the nearest future, because once emergencies arises and the emergency funds is not available that particular time, he will be forced to sell or temper with his Bitcoin investment to sorts out his the pressing emergency at hand, so this is a risky gamble all Bitcoin investor should avoid by all means.

For sure , emergency funds is not for investing but it is to be used for emergency. Using it for investment is a wrong approach as emergency can arise at any time and when this happens the investor maybe force to use there bitcoin as emergency funds which is not investing but rather gambling. Discretionary income is what we should invest in bitcoin and not emergency funds, unless if we are thinking in the direction of trading which maybe risky as well.

[Theupdude]

Emergency funds should be used only for emergency situation, we have different type of backup funds and they are emergency, reserve and float funds, you can use your reserve funds to accumulate Bitcoin whenever you want especially when there is a dip in Bitcoin, but using an emergency funds to invest in Bitcoin is a no  for me, sometimes I know you may be feeling that the emergency funds is just in the bank without being used because no emergency issues has happened it is advised you don't use your emergency funds to accumulate Bitcoin just continue keeping it for the emergency funds because just like you said Muba20 an emergency can happen at any time.

Although, I would say that it depends on the kind of situation they find themselves into. Take for instance in a week I'm sure that every investors have his or her day of making purchase that's for those who are into DCA, some might buy in Monday, the other Tuesday and so on. Take for instance you only have emergency funds available let's assume you're supposed to make your routine Bitcoin purchase today, and unfortunately your weekly or monthly income was postponed to the next day when you're sure of receiving your weekly or monthly income today. you know at this point in time you're Left with no option aside from investing from your emergency funds since it's the only fund available so the question is are you going to make use of the available funds (emergency funds) or you would prefer to skip your Bitcoin purchase for the week ? To me I would make use of the available one since I have a hope of replacing it back because I wouldn't want to watch the week slide when I still have alternative, It's only bad to use emergency funds to make Bitcoin purchase when you're not sure of making replacement.

Look, we sometimes see emergency funds and think it would be a sin to touch them. However, in the real world, life is not that easy. The money life of people is forever changing. Salaries of some people are late, some people have early-night expenses, some bank transfers of people are blocked.
In this light, it is not necessarily bad to freeze an emergency fund by a day or a week. When you have confidence in yourself, and you are certain about getting the money back the next day, it is some momentary adjustment, nothing big.
However, the issue is habit. When people believe that they will give a little, then they will take it back later and then again. By so doing, there will come a day when the fund will vanish.
It is all a matter of circumstance in my view. When you are quite certain that the money will be returned, and that it will not cause a strain on your head, then there is nothing wrong about making it roll one day. However, when you suspect that there is a bit of danger, or the money is going to be slow coming back, then you probably should not buy Bitcoin. When you do not make a purchase in a week, you will not notice a difference, but when you are in an accident with fire, no one will assist you.

[ruykeri]

Although, I would say that it depends on the kind of situation they find themselves into. Take for instance in a week I'm sure that every investors have his or her day of making purchase that's for those who are into DCA, some might buy in Monday, the other Tuesday and so on. Take for instance you only have emergency funds available let's assume you're supposed to make your routine Bitcoin purchase today, and unfortunately your weekly or monthly income was postponed to the next day when you're sure of receiving your weekly or monthly income today. you know at this point in time you're Left with no option aside from investing from your emergency funds since it's the only fund available so the question is are you going to make use of the available funds (emergency funds) or you would prefer to skip your Bitcoin purchase for the week ? To me I would make use of the available one since I have a hope of replacing it back because I wouldn't want to watch the week slide when I still have alternative, It's only bad to use emergency funds to make Bitcoin purchase when you're not sure of making replacement.

The kind of situation you mentioned is a very normal thing for an investor. When faced with this kind of problem, two ways of solving it seem more realistic to me.

First of all, in the case of investment, the back-up fund that is created is basically divided into 2 to 3. For example, emergency fund, reserve fund and float fund. If someone's income is weekly and he invests regularly every week, if there is no income in a week or it is certain that that income will be given after a few days, then he can do DCA with float fund or reserve fund and fill the reserve fund as soon as the money comes later . we should  not have only an emergency fund, but also have a reserve fund and float fund then we may not have to face this kind of problem.

Secondly, if someone does not keep any variation of back up fund and keeps a fund directly, then if discretionary income does not come in a week, then he can stop buying Bitcoin and then invest on the day the money comes. Or he does two weeks of DCA together next week. In the case of long-term investment, there may be a skip in 1-2 weeks due to economic problems, but even so, I do not think it would be right to make a habit of investing only from emergency fund when income delayed or stop for a particular time for any reason . Because skipping or a slight delay does not cause any loss to Bitcoin accumulation. Income delay is a sign that unexpected events occur. And while unexpected events occur, an emergency can come. That is why I do not think it is right to invest frequently from emergency fund though its temporary and Will be filled in later as soon as possible . Weekly DCA may be missed sometimes, but we have to keep in mind to avoid forced-sell in the case of long term investment.

[PhilosopherKing]

Although, I would say that it depends on the kind of situation they find themselves into. Take for instance in a week I'm sure that every investors have his or her day of making purchase that's for those who are into DCA, some might buy in Monday, the other Tuesday and so on. Take for instance you only have emergency funds available let's assume you're supposed to make your routine Bitcoin purchase today, and unfortunately your weekly or monthly income was postponed to the next day when you're sure of receiving your weekly or monthly income today. you know at this point in time you're Left with no option aside from investing from your emergency funds since it's the only fund available so the question is are you going to make use of the available funds (emergency funds) or you would prefer to skip your Bitcoin purchase for the week ? To me I would make use of the available one since I have a hope of replacing it back because I wouldn't want to watch the week slide when I still have alternative, It's only bad to use emergency funds to make Bitcoin purchase when you're not sure of making replacement.

A question right back at you. Just imagine that after you invested with your emergency fund with the intention of replacing it back the next day and an actual emergency situation shows up today, what will you do then? It very well seem that you don't know that emergency situation dosent send reminders before they shows up.  That is why it is called emergency funds, they are not some extra spending money that guys should be gambling with. They should be untouched and not to be used as  back-up fund for DCA. Its sounds totally pointless for guys to keep fucking up their entire investment by constantly dipping into their emergency funds because they plan to replace it the following day or next week or next month.

[G_Besar]

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For sure , emergency funds is not for investing but it is to be used for emergency. Using it for investment is a wrong approach as emergency can arise at any time and when this happens the investor maybe force to use there bitcoin as emergency funds which is not investing but rather gambling. Discretionary income is what we should invest in bitcoin and not emergency funds, unless if we are thinking in the direction of trading which maybe risky as well.

I also strongly disagree with not using emergency funds for any investment, as they are specifically set aside for that purpose and are not involved in anything else. I am currently experiencing a flood, and an emergency fund is absolutely crucial in such circumstances, as food supplies have been disrupted due to blocked roads and flooding caused by the incessant rain over the past three days. Therefore, I strongly believe that emergency funds are for more urgent situations, not for more relaxed situations like investing, even if our goal is to buy Bitcoin.

[POPOLUV]

Risks exist everywhere, but there are low and high risks. Bitcoin has the highest risk in short-term investments. Those who invest in Bitcoin for a long time and follow the DCA method find it easier to maintain long-term Bitcoin investments. However, I can also talk about adopting a strategy because if you apply the DCA method and continue to deposit Bitcoin for a long time, and in addition to depositing, you will also keep it for a long time. Those who follow this simple strategy get quick success, but there is a risk in this case because as much money as possible should be invested in Bitcoin.

Bitcoin is at a level that is considered risk free for anyone that buys now because I don't see price crashing too deep again, we can see some consolidation for sometime which is also perfect for DCA accumulation. Generally, low-coiners have been offered golden opportunity to accumulate Bitcoin at lower price and hold for long. Imagine accumulating Bitcoin at these current levels and after a couple of months we see a rally to the $100k level, that will be like 20% profits already, so we should be seriously applying the DCA method now to buy and hold.

We shouldn't considered bitcoin as risk free investment no mater the price we are buying at bitcoin is still risky and it's a risk that is worth taken. If we have our discretionary income this is a good time to accumulate it more because i don't think it can go more lower. It is for both advantage both the low coiner or low income earners and high income earners because the dip is an opportunity for them to stack more bitcoin to their portfolio.

I will not blame any newbie who is considering Bitcoin as a risk-free investment because it could be that social media has made them believe that Bitcoin investment is a risk-free investmen, but once the newbie comes to a place like this forum or once the newbie starts investing in Bitcoin, he/she will know that Bitcoin investment is not a risk-free investment. Be it rich investors or poor investors, everyone who has discretionary income at the moment can take good advantage of the market and buy Bitcoin in the dip because they can buy big quantity of Bitcoin with a little money.

Don't you think it is a wrong mindset or mentality to start Bitcoin investment with that. That is what we call misinformation and the person getting the information will definitely suffer it if they don't seek or enquire more and taking information from social media this days is very dangerous and we should know the kind of information we take from social media and after that we should also checkmate on the information to be sure. Investing with the mindset that Bitcoin is risk free will make one invest with what they can not afford to lose because of ignorant remember information can either destroy or make one depending on the one been received so newbie should be very careful.

It is a totally a bad idea to start with  sourcing information from social media because most of the information posted in the social media can be misleading, so any newbie that consider sourcing information from social can have the mindset that Bitcoin is risky free because the newbie might come across such posts and fails to search for more sources before concluding, as a newbie is good to ask questions so that if the bitcoin drop as it is currently happening right now he will not panic much, and still consider buying Bitcoin aggressively now as the price is low as much the discretionary income is always available.

[jems]

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For sure , emergency funds is not for investing but it is to be used for emergency. Using it for investment is a wrong approach as emergency can arise at any time and when this happens the investor maybe force to use there bitcoin as emergency funds which is not investing but rather gambling. Discretionary income is what we should invest in bitcoin and not emergency funds, unless if we are thinking in the direction of trading which maybe risky as well.

I also strongly disagree with not using emergency funds for any investment, as they are specifically set aside for that purpose and are not involved in anything else. I am currently experiencing a flood, and an emergency fund is absolutely crucial in such circumstances, as food supplies have been disrupted due to blocked roads and flooding caused by the incessant rain over the past three days. Therefore, I strongly believe that emergency funds are for more urgent situations, not for more relaxed situations like investing, even if our goal is to buy Bitcoin.

Emergency funds can be set aside at any time so if someone beats the funds to invest when in a profitable situation like a few weeks ago when there was a very sharp decline, I think there is nothing wrong but we also have to be responsible to replace or set aside for emergency funds as soon as possible like when we have a fixed monthly salary and before payday we act aggressively in the market using emergency funds then a few days later set aside the emergency funds again with the fixed salary we get, I think that is permissible.

[Nightwatchmare]

Risks exist everywhere, but there are low and high risks. Bitcoin has the highest risk in short-term investments. Those who invest in Bitcoin for a long time and follow the DCA method find it easier to maintain long-term Bitcoin investments. However, I can also talk about adopting a strategy because if you apply the DCA method and continue to deposit Bitcoin for a long time, and in addition to depositing, you will also keep it for a long time. Those who follow this simple strategy get quick success, but there is a risk in this case because as much money as possible should be invested in Bitcoin.

Bitcoin is at a level that is considered risk free for anyone that buys now because I don't see price crashing too deep again, we can see some consolidation for sometime which is also perfect for DCA accumulation. Generally, low-coiners have been offered golden opportunity to accumulate Bitcoin at lower price and hold for long. Imagine accumulating Bitcoin at these current levels and after a couple of months we see a rally to the $100k level, that will be like 20% profits already, so we should be seriously applying the DCA method now to buy and hold.

We shouldn't considered bitcoin as risk free investment no mater the price we are buying at bitcoin is still risky and it's a risk that is worth taken. If we have our discretionary income this is a good time to accumulate it more because i don't think it can go more lower. It is for both advantage both the low coiner or low income earners and high income earners because the dip is an opportunity for them to stack more bitcoin to their portfolio.

I will not blame any newbie who is considering Bitcoin as a risk-free investment because it could be that social media has made them believe that Bitcoin investment is a risk-free investmen, but once the newbie comes to a place like this forum or once the newbie starts investing in Bitcoin, he/she will know that Bitcoin investment is not a risk-free investment. Be it rich investors or poor investors, everyone who has discretionary income at the moment can take good advantage of the market and buy Bitcoin in the dip because they can buy big quantity of Bitcoin with a little money.

Don't you think it is a wrong mindset or mentality to start Bitcoin investment with that. That is what we call misinformation and the person getting the information will definitely suffer it if they don't seek or enquire more and taking information from social media this days is very dangerous and we should know the kind of information we take from social media and after that we should also checkmate on the information to be sure. Investing with the mindset that Bitcoin is risk free will make one invest with what they can not afford to lose because of ignorant remember information can either destroy or make one depending on the one been received so newbie should be very careful.

@Showlove01, do not get me wrong, i was just throwing more light why newbies could possibly see Bitcoin investment as a risk-free investment. I was not encouraging newbies to use the information they got on social media as a stepping stone for them to start their Bitcoin investment because most of the information on social media is false, and anyone that depends only on the information he/she got on social media to invest in Bitcoin will sell his/her Bitcoin too early. The best way to learn as a newbie is by doing research, so any newbie who is not in this forum should endeavor to do his/her research to know the best form of investing in Bitcoin.

[Yablee0]

Risks exist everywhere, but there are low and high risks. Bitcoin has the highest risk in short-term investments. Those who invest in Bitcoin for a long time and follow the DCA method find it easier to maintain long-term Bitcoin investments. However, I can also talk about adopting a strategy because if you apply the DCA method and continue to deposit Bitcoin for a long time, and in addition to depositing, you will also keep it for a long time. Those who follow this simple strategy get quick success, but there is a risk in this case because as much money as possible should be invested in Bitcoin.

Bitcoin is at a level that is considered risk free for anyone that buys now because I don't see price crashing too deep again, we can see some consolidation for sometime which is also perfect for DCA accumulation. Generally, low-coiners have been offered golden opportunity to accumulate Bitcoin at lower price and hold for long. Imagine accumulating Bitcoin at these current levels and after a couple of months we see a rally to the $100k level, that will be like 20% profits already, so we should be seriously applying the DCA method now to buy and hold.

We shouldn't considered bitcoin as risk free investment no mater the price we are buying at bitcoin is still risky and it's a risk that is worth taken. If we have our discretionary income this is a good time to accumulate it more because i don't think it can go more lower. It is for both advantage both the low coiner or low income earners and high income earners because the dip is an opportunity for them to stack more bitcoin to their portfolio.

I will not blame any newbie who is considering Bitcoin as a risk-free investment because it could be that social media has made them believe that Bitcoin investment is a risk-free investmen, but once the newbie comes to a place like this forum or once the newbie starts investing in Bitcoin, he/she will know that Bitcoin investment is not a risk-free investment. Be it rich investors or poor investors, everyone who has discretionary income at the moment can take good advantage of the market and buy Bitcoin in the dip because they can buy big quantity of Bitcoin with a little money.

Don't you think it is a wrong mindset or mentality to start Bitcoin investment with that. That is what we call misinformation and the person getting the information will definitely suffer it if they don't seek or enquire more and taking information from social media this days is very dangerous and we should know the kind of information we take from social media and after that we should also checkmate on the information to be sure. Investing with the mindset that Bitcoin is risk free will make one invest with what they can not afford to lose because of ignorant remember information can either destroy or make one depending on the one been received so newbie should be very careful.

It is a totally a bad idea to start with  sourcing information from social media because most of the information posted in the social media can be misleading, so any newbie that consider sourcing information from social can have the mindset that Bitcoin is risky free because the newbie might come across such posts and fails to search for more sources before concluding, as a newbie is good to ask questions so that if the bitcoin drop as it is currently happening right now he will not panic much, and still consider buying Bitcoin aggressively now as the price is low as much the discretionary income is always available.

Normally knowledge is the key to every successful investor we all know it.
Before investing into any investment it proper you make your own  findings and it's not every information you take serious always make sure you verify to avoid issues.

Secondly, for the short time have been in the forum has come to realize that here is the best place to sort for bitcoin related updates, most of the things I know today about bitcoin investment was through the forum I was able to know all today,  because their is a saying that said follow who know the road, if you are following up in this forum I don't think you will be left out of anything that concerns bitcoin.

[Tonimez]

[Edited out]

Normally knowledge is the key to every successful investor we all know it.
Before investing into any investment it proper you make your own  findings and it's not every information you take serious always make sure you verify to avoid issues.

The rate at which wrong information is passed round many sources is alarming and I begin to doubt the possibility of a newbie to access the information about strategies genuinely on the medium. This is the major challenge facing many newbies of which most people will witness the fact that outside there, bitcoin is regarded as scam and a Ponzi system where many do believe that the have to invest quickly and withdraw their funds to avoid being trapped. There's still an information gap out there and I think this is where some of us who are privileged to be in the forum can help sensitise some of our friends who we think they are genuinely interested in bitcoin on the strategies of bitcoin investment and the best way to go about it through the DCA strategy.

Secondly, for the short time have been in the forum has come to realize that here is the best place to sort for bitcoin related updates, most of the things I know today about bitcoin investment was through the forum I was able to know all today,  because their is a saying that said follow who know the road, if you are following up in this forum I don't think you will be left out of anything that concerns bitcoin.

The benefits of being in this forum is multifaceted and it will be an absurdity not to implement what you gain from the wealth of wisdoms in the forum. Before joining this forum I have always seen bitcoin as a short term investment whereby you buy and wait for the market to get positive and then sell (because of the false knowledge of bitcoin not lasting long). However joining here has clarified obviously how bitcoin is a store of value and the features of bitcoin. Bitcoin volatility is yet to be understood outside there and I feel it is another hard nut to crack for those who do not visit here.

Bitcoin investment strategies may be many but some are more sustainable of which I can only advise anyone to focus on DCA approach and apply ensure that they also build the emergency funds along.

[CageMabok]

Emergency funds can be set aside at any time so if someone beats the funds to invest when in a profitable situation like a few weeks ago when there was a very sharp decline, I think there is nothing wrong but we also have to be responsible to replace or set aside for emergency funds as soon as possible like when we have a fixed monthly salary and before payday we act aggressively in the market using emergency funds then a few days later set aside the emergency funds again with the fixed salary we get, I think that is permissible.

This kind of thing will continue to keep someone busy because they've taken an uncomfortable path in using their own funds. However, if they can recover to ensure their investments are not disrupted, using their emergency funds for that purpose might not be a major issue. However, if the person can't create an emergency fund in the near future and an emergency arises, their investments will also be affected, and some may have to be sold because they've used the funds for something other than their intended purpose.

[Showlove01]

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For sure , emergency funds is not for investing but it is to be used for emergency. Using it for investment is a wrong approach as emergency can arise at any time and when this happens the investor maybe force to use there bitcoin as emergency funds which is not investing but rather gambling. Discretionary income is what we should invest in bitcoin and not emergency funds, unless if we are thinking in the direction of trading which maybe risky as well.

I also strongly disagree with not using emergency funds for any investment, as they are specifically set aside for that purpose and are not involved in anything else. I am currently experiencing a flood, and an emergency fund is absolutely crucial in such circumstances, as food supplies have been disrupted due to blocked roads and flooding caused by the incessant rain over the past three days. Therefore, I strongly believe that emergency funds are for more urgent situations, not for more relaxed situations like investing, even if our goal is to buy Bitcoin.

Emergency funds can be set aside at any time so if someone beats the funds to invest when in a profitable situation like a few weeks ago when there was a very sharp decline, I think there is nothing wrong but we also have to be responsible to replace or set aside for emergency funds as soon as possible like when we have a fixed monthly salary and before payday we act aggressively in the market using emergency funds then a few days later set aside the emergency funds again with the fixed salary we get, I think that is permissible.

Anyone who is actually or fully prepared will not use his or her emergency funds to invest in Bitcoin because it seems you have forgotten what emergency means, emergency is something that happens when people least expect them in other words it can also be seen as an unaware situation or scenario and imagine you have used your emergency funds to invest in Bitcoin because of market decline (Dip) and then emergency comes up immediately after that, what will it become of you and you should know that there is nothing 100 fixed in life so don't hold on to that because you can be disappointed at any time.

[YUriy1991]

For sure , emergency funds is not for investing but it is to be used for emergency. Using it for investment is a wrong approach as emergency can arise at any time and when this happens the investor maybe force to use there bitcoin as emergency funds which is not investing but rather gambling. Discretionary income is what we should invest in bitcoin and not emergency funds, unless if we are thinking in the direction of trading which maybe risky as well.

Emergency funds should be prepared in advance. Avoid investing all your assets in exchanges, as this will cause panic when prices drop. Emergency funds should last at least three months to avoid the risk of panic selling, or when faced with an emergency need for cash, you might sell your invested Bitcoin assets. We can't predict the market, so assets are safe if we have an emergency fund of at least 3 months' worth of funds.

[Dreadboost]

This is the major statement we get or thats usually used by altcoiners, this has always been their excuse all the time, sometimes I ask, if it will be better for me to put my eggs in different leaking basket or put them all in a trusted and basket without leakage that will guarantee their safety until they harsh, these mindset has renders most investors hopeless, am not against anyone making whatever move or decisions since they will be the ones to carry the cross at the end but I won't stop saying things the way it should be, Bitcoin investment is the most trusted and reliable as far as digital asset is concerned, so no one can deceive me with such adage when I know how dangerous those shitty things are, out there.

Ok. 

So how you going to deal with your bitcoin investment in the coming cycle or two?  Do you have anything besides bitcoin and cash?  Do you believe that no diversification is necessary or at what point would you start to consider that you might need to go beyond bitcoin and cash?

In the next cycle or more, my hodling will still be intact, for now i have not reach the level of my satisfaction and for that am not thinking of anything aside to keep accumulating Bitcoin as I can, since I have not thought of diversifying yet, my Bitcoin and the cash I do use to invest in Bitcoin which is discreationary income and the one I use in cartering for my needs is what I have for now.
I am not against diversificaton but am not a party to anyone that thinks that diversificaton must be in those shitty things, am not a fan of any random shit, I don't know for any other person but for me Bitcoin is the only digital currency I trust thats why am not afraid to preach about it but the decision to invest must be taken by the investor himself, I believe in diversificaton, there are other assets like, Real estate and Gold, it mustn't be something that may end up being a doom for us, at the point when am very much convinced that I have reach my limit and level of satisfaction then i can consider other assets as I listed, although things can also change, I might also change my mind to invest in them at anytime but that's if I have what it takes to do so, investment is continues process, what matters is the influx of money and how reliable and trusted the investments we want to diversify to, is.

For me what really matters at the end is good results, it doesn't matter if you diversify or not. One can choose to diversify but with you choosing to take such decision the other investments have to be reliable as well such as bitcoin.
On the other hand if once chooses to only accumulate in bitcoin, it is not still a bad one, and your focus and money is centered in only bitcoin, whereby making you to be able to accumulate enough for yourself, of cause bitcoin is totally reliable and investing only in the coin is not a bad one, after all its your dictionary income you are using to invest that's enough risk management for me.