Buy Buy Buy or Sell Sell Sell?

[barisbilgili]

Is you ask me, completely stopping your bitcoin accumulation process due to the health issues depends on the situation at hand, I mean the pattern of his income or revenue. For instance, an investor who only gets paid or income anytime they do work or renders services to people will no longer have any income to continue his investment since he can no longer work or do anything due to his ill health, and that automatically means a pause to his investment till he gets strong to work and earn again, yea.
But on the other hand, there are investors who do not ordinarily need to go out everyday to work in order to earn. They have established businesses and profit making ventures who make money for them daily. So this kind of investors may not need to stop or pause there investment because the income keeps coming in wether or not they go to work. They might just delegate power to someone who plays there role as overseer while the business keeps growing, and they are treating themselves. And of course, in such situations, such an investor must have a way to grant access of his assets to someone(Bitcoin), whomever he deems fit, should incase the illness claims his life if its that serious. Am sure he would be prepared for uncertainties.

So, totally stopping your bitcoin investment depends.

In general you should stop first because this is related to our personal health. If you don't stop I think this is a very fatal decision as accumulating Bitcoin is more important than your health which may currently be in poor condition. I completely agree with what was said namely that stopping should only be temporary with the aim of focusing first. Once your health stabilizes you can start investing again by accumulating Bitcoin through DCA. This way the slightly reduced income after experiencing this health issue can be reversed.

Your answer is absolutely correct, my friend. Just like we as bosses who have one or two businesses or ventures that we are developing there is no need to leave the house anymore just to earn money. We simply wait for employees to be assigned to work in one of our businesses so we receive daily profits and have money. This is a very sound investment so our access to business is very appropriate and we can always enjoy the results of our efforts to anticipate our health.
Stop when our health begins to weaken and choose someone who has the spirit of leadership in maintaining the business so that we can boldly give that person full authority without the slightest worry

If there are no problems in financial management, I think there is no issue unless you allocate that money for medical treatment or other things that will positively impact your health; otherwise, I think you can continue to accumulate Bitcoin, there's nothing wrong with that.
The success we see can certainly be motivating, and I believe that if we continue to accumulate Bitcoin, then we are already on the right path to achieving it.

[Jaksonhard]

You can’t be sick and you are holding bitcoin, that is wrong decision by any investors, but as an investor, if you invest in bitcoin and you don’t have emergency funds you are not a good investor, no one will use all his funds to invest in bitcoin and when he is sick he will not be able to treat himself, before thinking of buying bitcoin, you have to know that bitcoin is a long term investment and you should have a proper plan before thinking of buying bitcoin.

The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.

It is a very risky to not have emergency funds when you as an investor, what if the sickness lead to another level, how are you going to do? Because sickness can not be avoided and it will make you touch your bitcoin and the those plans you made for your future are not going to happen, an investor should be prepared to face any challenges by doing the right thing at the right time to make sure they succeed when holding bitcoin for a long period of time.

There are risks associated with being an investor without an emergency fund. For example, if you experience sickness unexpectedly, you might need to sell some or all of your Bitcoin before you originally planned to do so, which can interfere with achieving your long-term objectives. Everyone eventually will experience a health-related issue, therefore it is very important for all investors to plan ahead and build an emergency savings account. By establishing an emergency fund, you will be able to protect your investments and maintain your ability to hold Bitcoin, stay calm when facing adversity, and remain focused on your long-term success without feeling undue pressure.

[Futurexxx]

The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.

I purposely highlighted all wrong wrong statements in your write up, because you are trying to misinformed newbies here. Investment in cryptocurrency are all shit since they falls more than they rise, and they are created for gambling purposes, so anything that makes you ignorantly hold it for long, you getting burnt will be inevitable, because they are not meant to survive the market for long.

It's only Bitcoin that has proven beyond reasonable doubt that it's here to stay, and it has proven to be the only reliable investment in this digital space, not alt or meme that are more of gambling than investment.
And finally, for a proper Bitcoin investment, all you just need to do is to accumulate it consistently through the dca accumulating strategy, that way you can buy and accumulate at any price intervals, before you know it, you will have a huge stash of Bitcoin that will be able to change your financial status forever, only if you can be consistent and hold for years.

[Cossyblack]

Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?

I get your points but I don't agree with you about monitoring the market. Since our major discussion is about bitcoin investment,I don't share the same sentiment with you about trading bitcoin or discussing about it here in the thread.

Using the word cryptocurrency to describe bitcoin is ambiguous, newbies may get confused and may mistakes bitcoin for other shitcoin. It is better to specifically use the term bitcoin when describing bitcoin so that people can understand it is bitcoin your re describing and not mistake it for shitcoins

[Sticky Bomb]

Currently as I have learned so far ,I have been informed that in Bitcoin investments that their is no perfect time to buy or to sell ,that if you have money to invest you should invest because the more you are weating for Bitcoin to decrease before you buy that's more time you are wasting,so the perfect time is to invest in to Bitcoin at anytime time ,but do it with your spear money (descretionary income )so that if the investment doesn't go well you can't even regret it,so invest at anytime ,to be at the safer side you can
sell at the top and buy at the bottom.

There is definitely no perfect time to invest in bitcoin, because waiting on the perfect time is like wasting more time. The most important thing to have a plan on your income and once you have been able to take care of your saving, emergency funds, and money to run your daily life, the  money left which is your discretionary income and be used to invest in bitcoin. You can do the consistently by applying the DCA strategy and you will be surprise on how much bitcoin you have accumulated overtime.

I think you are really mixing some things up here Davidloki, the part I bolded out are still part of your discretionary income. You identify your discretionary income As soon as you can remove the money meant for your expenses from your total income, the rest is your discretionary income which you can divide among your buying bitcoin, emergency fund, reserve funds and floating cash.

You should also strive to have a definite and realistic accumulation target, holding period and if possible periodic buy amounts(e.g $100 weekly), that way you are not easily swept off your feet when you see your periodic success but would have your eyes fixed on your target and with consistency and dedication follow up your buys until you achieve it.

[Call_Me_Guru]

I disagree with you 100% even if you invest money in bitcoins, you can still touch it if you are not feeling good, because if you check around is not every body likes to help any more, peoples haves money in this country but to help is very hard for then, you will see some one in bad condition and they won’t help, is when the person have gone already that’s when they will be regretting, so even if you invest money in your in your bitcoins account you can still touch it when you are not feeling good because no one cares.

I can't judge everyone, I know how circles behave. Some people could be lucky to have a lovely circle of friends and family and people they could depend on financially, but some people may not. Mine is of the lucky side, I am happy for that. But I will not use mine to judge you, I see it as if you are talking from that painful angle that needs to be respected. But you have to know that all these points to the preparedness and readiness of the bitcoin investor for bitcoin, when you are not ready financially, it is an issue. You can imagine someone earning $1,200 and the monthly expenses is $1,300, such person is running his life at a deficit, to invest will be an issue. I think settling yourself financially is the first goal, without that, investing will be difficult. But for those who's case is not that bad, there is this money we call "emergency money", every single person and family must fund it in cases like this. It will help when you are sick while your bitcoin investment is safe.

Bitcoin is best approached with "save and forget" style, anything that will not make that happen should be taken care of.

[cyberninja2]

Most of us have the belief that Bitcoin will perform well in the long run. But the problem arises when someone ignores the real needs of life in the hope of possible future gains. The reality for people like us is that the market does not move on our timeline, but rather we move on the timeline of our family responsibilities.
While it is easy to talk about investing 150% of our annual income, it is a little more difficult when that 150% is not surplus capital but money for needs.In my opinion, investing in Bitcoin should be for the future, but living life with the assurance of the present.

Therefore what I need to ask is whether these mistakes are a result of our habits not from others wanting us to do or ignore what is essential for family life so that it becomes a reality even though if we prioritize needs they will certainly benefit our future.

The reality that occurs will not be the same as what we talk about even though sometimes many say it is easy but for me personally I don't really look at the provisions in investing in Bitcoin regarding market movements because if it really happens according to what is predicted regarding market movements with our guesses of course this is no longer a problem regarding our income regarding responsibility when investing in Bitcoin because we already have guidelines for this because the movement will always be right and easy and in accordance with what is guessed when wanting to start investing without any more risks accepted by someone in ensuring profits for survival.

[Popkon6]

If there are no problems in financial management, I think there is no issue unless you allocate that money for medical treatment or other things that will positively impact your health; otherwise, I think you can continue to accumulate Bitcoin, there's nothing wrong with that.
The success we see can certainly be motivating, and I believe that if we continue to accumulate Bitcoin, then we are already on the right path to achieving it.

Holding Bitcoin for the long term will definitely be profitable, because if you think and remember the past, then you will definitely be able to know the correct information about the history of Bitcoin. Because when you hold Bitcoin and keep buying it every week according to the DCA method, the longer you hold Bitcoin, the more likely it is to be profitable.
When you start folding Bitcoin, your prudent income stream will be able to strengthen your future, investing in Bitcoin will eliminate financial shortages in the future. And investing in Bitcoin according to the DCA method will be the right use of money and if you hold Bitcoin for a long time, there will be a possibility of earning benefits several times more than the capital. Brother, the more Bitcoin you deposit, the more profit you will have.

[Xackie]

You're referring to the unpredictability of cryptocurrency markets! It's frustrating when coins drop in value after buying or appreciate after selling. This volatility is normal, especially with Bitcoin, which has seen significant fluctuations.

Currently, Bitcoin's price is around $90,047, and experts predict it may rise to $103,952 by February 2026. Some forecasts even suggest it could reach $150,000 to $200,000 by the end of 2026 .

Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?

‎I think where you  got it wrong is you talking about monitoring the market for short term gains, that's a trader mentality not an investor. They have been preaching buying and holding for long term in the forum, so I don't know why you came up with that. if the plan is to invest, obsessing over short term swings is pointless. Traders watch the market time to time which every dip and spike but an investor ignores that because the mind is long term growth ( which basically have more potential than trading). You can't become successful in your Bitcoin investments if you are checking short term price time to time. History has proven to use eveytime that those who hold through different market cycle often get massive gains. So chasing short term moves only brings stress and mistakes.

[Menele001]

Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?

I get your points but I don't agree with you about monitoring the market. Since our major discussion is about bitcoin investment,I don't share the same sentiment with you about trading bitcoin or discussing about it here in the thread.

Using the word cryptocurrency to describe bitcoin is ambiguous, newbies may get confused and may mistakes bitcoin for other shitcoin. It is better to specifically use the term bitcoin when describing bitcoin so that people can understand it is bitcoin your re describing and not mistake it for shitcoins

I understand that you are saying people shouldn't be using the term crypto in this thread as it can be confusing, I'm also new here so I also see how easy it can be to misunderstand a person's intentions when they are not using the right words and terms when describing things that they are talking about.
When talking about bitcoin we should stick to using bitcoin instead of ambiguous terms that can be misleading.

[Silikiem]

You can’t be sick and you are holding bitcoin, that is wrong decision by any investors, but as an investor, if you invest in bitcoin and you don’t have emergency funds you are not a good investor, no one will use all his funds to invest in bitcoin and when he is sick he will not be able to treat himself, before thinking of buying bitcoin, you have to know that bitcoin is a long term investment and you should have a proper plan before thinking of buying bitcoin.

The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.

It is a very risky to not have emergency funds when you as an investor, what if the sickness lead to another level, how are you going to do? Because sickness can not be avoided and it will make you touch your bitcoin and the those plans you made for your future are not going to happen, an investor should be prepared to face any challenges by doing the right thing at the right time to make sure they succeed when holding bitcoin for a long period of time.

There are risks associated with being an investor without an emergency fund. For example, if you experience sickness unexpectedly, you might need to sell some or all of your Bitcoin before you originally planned to do so, which can interfere with achieving your long-term objectives. Everyone eventually will experience a health-related issue, therefore it is very important for all investors to plan ahead and build an emergency savings account. By establishing an emergency fund, you will be able to protect your investments and maintain your ability to hold Bitcoin, stay calm when facing adversity, and remain focused on your long-term success without feeling undue pressure.

Fuck crypto!!, you ought to be careful not to mislead newbies into investing in any shitcoins because using the term cryptocurrency could be misleading to them as there are so many cryptocurrencies out there that are shitty coins with no potential value even when you invest in them for long. It’s better you be specific with what you’re investing on, and here the discussion is strictly bitcoin so you should be more direct and  not to refer to bitcoin as cryptocurrency or any shitcoins.
In bitcoin investment, the most important thing is to be able to figure out a discretionary income to use and accumulate bitcoin, and it’s better you get started in accumulating and investing in bitcoin once your discretionary income is ready instead of trying to have all financial plans as you can always try to figure out ways to improve your financial life and decision making which will further enhance the smooth running of your investment. Emergency funds is equally vital for our bitcoin investment but it shouldn’t be a barrier not to start buying bitcoin first and hold especially as your discretionary income is ready, even along the line you can be building up your emergency funds while accumulating bitcoin for the long term purpose.

[Iamgoat]

If there are no problems in financial management, I think there is no issue unless you allocate that money for medical treatment or other things that will positively impact your health; otherwise, I think you can continue to accumulate Bitcoin, there's nothing wrong with that.
The success we see can certainly be motivating, and I believe that if we continue to accumulate Bitcoin, then we are already on the right path to achieving it.

There is a fundamental advise which we are supposed to be giving to each other when it comes to the issue of bitcoin investment and accumulation is to look at it as a journey, a financial journey which requires a proper knowledge and understanding before you venture into it. Before you embark on a journey for instance you need to have some roll out plans and prepare against the journey. Plans such as having a proper understanding of the nature of the journey you want to embark on such as if you will be using a car or something else, understanding your desired destination. Then you also need to prepare your mind and the travel backpacks you need to travel successfully to the place. The same mindset should be adopted when embarking on the journey of bitcoin accumulation. Before you start, you need to understand the basics and fundamentals of bitcoin accumulation and then draw a proper financial management plan where the funds allocated for the journey of bitcoin accumulation is separated from the funds allocated for medical treatment, contingency  as well as other emergency funds.

[cyberninja2]

Wow!
DCA strategy has always had the right time to buy Bitcoin and the best time to buy Bitcoin. DCA strategy will give an investor what others keeps waiting for on a platter (of course the dip). Honestly, discretionary funds will help in sustainable Bitcoin investment instead of gambling about it, addicts usually uses any resources available just to quench their uncontrollable thirst which is leading and has led some to fatal financial mistake as some might suffer these mistake for so long if not all their life.

If your monthly income is stable it's quite easy to implement a DCA strategy to buy Bitcoin without worrying about the right time. The reason is that you always have sufficient capital so you no longer have time to worry about what happens to market conditions, whether they are rising or falling drastically.

Gambling will not give the same results as someone who feels the results of the benefits of investing in Bitcoin because gambling as we know, often fails to feel the results but many of some people still engage in gambling with the reason that it is only to satisfy the game against the thirst that someone has so if you play a role in Bitcoin investment even though sometimes we don't have the funds saved what is invested will be sustainable for achieving results in the future so from this we can judge that gambling is unhealthy while Bitcoin investment is much healthier especially if you have accumulated a lot of Bitcoin of course the results will be much more than gambling which does not make us feel significant profits at all.

[Cryptoprincess101]

You can only touch your investment when you are not prepared and not determined and I think we should try to be positive about whatever thing we are doing I know there are things we can nor run from but regardless we should always stay positive all the time instead of talking about sickness and things that won't affect our investment and sometimes negative vibes can hinder plans and goals and the reason some have not make it in life is because of how they think ( some people are very negative In thought/thinking) and is very bad and can be harmful.

No, as you are positive you also have to balance it up with the possibility of negativity because as humans you can't just think that everything will work the way you planned just because you are a positive person. Unforeseen circumstances happen so if you don't prepare your mind ahead you might find yourself in total dismay when such thing happen. Many people who got sick today didn't know that they would find themselves in such situation years back so imagine someone who did not map out plan for such scenario, how can he be able to afford money for treatments. Sickness is justifiable reason why an investor can decide to sell some of his bitcoins because it is a matter of life and death. It is good to be positive, but you should also prepare your mind for worst days.

This is  where emergency funds comes in , An emergency fund is money you set aside to cover unexpected expenses like medical bills, car repairs, or sudden job loss so you don’t have to rely on credit cards or loans or your bitcoin investment (lol) .

There are many investors at there , their bitcoin investments is playing the role of emergency funds which is wrong . Because you are not following the right principles, normally one should have an emergency funds separate from their investment so that he or she won’t endup slowing that investment down all the name of taken care of unexpected expenses.

You are not wrong but, in a circumstance where an emergency need swallows your emergency funds, you will be left with no option but to sell part of your bitcoin. It is not wrong to sell your bitcoin either to take profits or to use it to settle a need that have overpowered your emergency fund as far as you have reached the target of your accumulation. It's only when you are still in accumulation stages that it will become a bit problematic but if there is need to sell in order to attend to an immediate health issue then it is not a bad decision to sell.

[ruykeri]

The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.

I purposely highlighted all wrong wrong statements in your write up, because you are trying to misinformed newbies here. Investment in cryptocurrency are all shit since they falls more than they rise, and they are created for gambling purposes, so anything that makes you ignorantly hold it for long, you getting burnt will be inevitable, because they are not meant to survive the market for long.

It's only Bitcoin that has proven beyond reasonable doubt that it's here to stay, and it has proven to be the only reliable investment in this digital space, not alt or meme that are more of gambling than investment.
And finally, for a proper Bitcoin investment, all you just need to do is to accumulate it consistently through the dca accumulating strategy, that way you can buy and accumulate at any price intervals, before you know it, you will have a huge stash of Bitcoin that will be able to change your financial status forever, only if you can be consistent and hold for years.

He is a bot. He is writing  AI generated post. It is better to ignore him. But I agree with the advice you have given. Bitcoin is not comparable to any other altcoin. I see all the other altcoins as fraudulent coins. And we do not need to waste time talking about it.

And when investing in Bitcoin, you should only see if you have a regular discretionary fund. You should make a mindset based on how strong your income flow is and invest for long-term holding by following the DCA method. Because Bitcoin is not a shortcut to getting rich. Here, there is a high possibility of achieving success after a long time by investing consistently.

[Sonia_123]

Wow!
DCA strategy has always had the right time to buy Bitcoin and the best time to buy Bitcoin. DCA strategy will give an investor what others keeps waiting for on a platter (of course the dip). Honestly, discretionary funds will help in sustainable Bitcoin investment instead of gambling about it, addicts usually uses any resources available just to quench their uncontrollable thirst which is leading and has led some to fatal financial mistake as some might suffer these mistake for so long if not all their life.

If your monthly income is stable it's quite easy to implement a DCA strategy to buy Bitcoin without worrying about the right time. The reason is that you always have sufficient capital so you no longer have time to worry about what happens to market conditions, whether they are rising or falling drastically.

Stable income does not guarantee a successful bitcoin investment there are a lot of stable income earners that finds it difficlult to start or even maintain their investment because they feels their is still time, the price is high and want it reduced and they feel they are comfortable and don't need to be rushed or pressured into bitcoin investment and so they don't take it serious, it is those that does not have a fixed income that take Bitcoin investment serious because they feels it is an opportunity that worth to be invested into and want to come out of their financial challenge, therefore investing in bitcoin does not requires much a long as you have your discretionary income to start with no matter how little and they later builds up emergency and reserve fund to protect your investment while still managing the investment with the little they have until they are financially stable to grow to the next level of your investment and adopting other strategies that you may choose .

Without a stable income you can like wise implement the DCA strategy because from money gotten from other jobs that you do or from families and friends, if being put together you can figure your investment fund out, remember that you can invest daily, weekly or monthly with dca it is possible as long as you are determined because bitcoin investment does not need a stable income before you can invest in it .

[Finebone]

You are not wrong but, in a circumstance where an emergency need swallows your emergency funds, you will be left with no option but to sell part of your bitcoin. It is not wrong to sell your bitcoin either to take profits or to use it to settle a need that have overpowered your emergency fund as far as you have reached the target of your accumulation. It's only when you are still in accumulation stages that it will become a bit problematic but if there is need to sell in order to attend to an immediate health issue then it is not a bad decision to sell.

You asked a very good question, which is in a situation where by your emergency needs is greater than your emergency funds, what will you do in such a situation?
 First of all, this is one of the reasons sir jayjuangee sometimes spoke about it, in this thread why  our emergency funds should be big enough to carry three months of expenses or more, because if you emergency funds is that strong, their is no way you will fall into such predicament, because it's more better to prevent a situation from happening than looking for cure or solution to it.
So to answer your question, if you find yourself in such a situation, their is no way you can avoid tempering with your holdings, so it would be better that your emergency funds is very strong, so that you wouldn't find yourself in such a situation anytime in the future.

[Gallar]

Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?

I get your points but I don't agree with you about monitoring the market. Since our major discussion is about bitcoin investment,I don't share the same sentiment with you about trading bitcoin or discussing about it here in the thread.

Using the word cryptocurrency to describe bitcoin is ambiguous, newbies may get confused and may mistakes bitcoin for other shitcoin. It is better to specifically use the term bitcoin when describing bitcoin so that people can understand it is bitcoin your re describing and not mistake it for shitcoins

Yes,, you're right, my friend. The main topic of discussion in this thread is long-term investment in Bitcoin, and this thread is clearly not the right place to discuss price predictions or trading. Therefore, you don't need to sway people's opinions to get them to trade in Bitcoin, because that's clearly not a good thing to do. In my personal opinion, the only appropriate and suitable way to make good use of Bitcoin is to treat it as a long-term investment asset. This is because it is not too risky, and besides, it is not just about profit, because bitcoin can also be a strong shield for your money against inflation. That is why I think people who trade bitcoin in the short term are clearly very unlucky, because they are essentially not making good use of bitcoin.

[dimonstration]

You are not wrong but, in a circumstance where an emergency need swallows your emergency funds, you will be left with no option but to sell part of your bitcoin. It is not wrong to sell your bitcoin either to take profits or to use it to settle a need that have overpowered your emergency fund as far as you have reached the target of your accumulation. It's only when you are still in accumulation stages that it will become a bit problematic but if there is need to sell in order to attend to an immediate health issue then it is not a bad decision to sell.

You asked a very good question, which is in a situation where by your emergency needs is greater than your emergency funds, what will you do in such a situation?
 First of all, this is one of the reasons sir jayjuangee sometimes spoke about it, in this thread why  our emergency funds should be big enough to carry three months of expenses or more, because if you emergency funds is that strong, their is no way you will fall into such predicament, because it's more better to prevent a situation from happening than looking for cure or solution to it.
So to answer your question, if you find yourself in such a situation, their is no way you can avoid tempering with your holdings, so it would be better that your emergency funds is very strong, so that you wouldn't find yourself in such a situation anytime in the future.

This is not always true depending on your country because even with 3 months worth of expenses or more sometimes not sufficient if the emergency is an extreme medical condition.

I’ve been on this situation before and it sucks to be on a country that has a poor healthcare even though I’m paying contributions since I start working.

To cut the chase, there’s always some scenario that even you seem prepared you will forced to take a lot from your funds. But in general having an extra funds like that is a must to cover any normal emergency that can possibly happened.

[Sim_card]

I think you are really mixing some things up here Davidloki, the part I bolded out are still part of your discretionary income. You identify your discretionary income As soon as you can remove the money meant for your expenses from your total income, the rest is your discretionary income which you can divide among your buying bitcoin, emergency fund, reserve funds and floating cash.

I will not be wise to share your discretionary income into four parts like you mentioned above. It's good to share it into two parts which is to invest in bitcoin and to build your emergency funds for a start because if you want to divide it into four parts, it means that you're giving your backup funds more priority instead of your bitcoin investment and the funds that will go into your bitcoin investment will be very small.

Your bitcoin investment should be your first priority because it can take more than ten years to reach your bitcoin target but your emergency funds will take limited time to reach at least three months of your monthly expenses before you can channel the money into building your reserve funds.

Bitcoin is best approached with "save and forget" style, anything that will not make that happen should be taken care of.

I don't think that it's good to buy and forget about your bitcoin stash rather, you should be consistently and persistently buying weekly for 4-10 years and above in order to increase your bitcoin portfolio and accumulate a significant size for the future. It's even proper that every year or more you reassess your bitcoin portfolio to see if the buying strategy you have been using is very effective in the increase of your bitcoin stash or you try a new strategy or increase the amount that you are using to DCA based on your discretionary income.