Buy Buy Buy or Sell Sell Sell?

[Tonimez]

[Edited out]

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

This is a very bad advice in both ways. Saving your emergency funds in bitcoin is not the right thing if you don't want to run at losses. Most times we realise that you may save up to $300 worth of bitcoin for emergency purposes. Due to Volatility, the say Bitcoinay no longer worth up to that amount when you want to make use of it and you know that major hospitals don't collect bills in bitcoin. This would make you sell more bitcoin than you would have spent on such emergency. Saving fiats for emergency situation is the best way to avert the losses that could come with Volatility at the point of need.

You don't have to sell your bitcoin stash because you are faint hearted. Instead, when you already discovered that you are faint hearted, deal with it, check the records, reach out for the cycle. Don't allow fear lure you into selling off your bitcoin with panic. Investing with only your Discretionary income will also help you not to get into financial stress that could lead you into selling off your bitcoin sooner than necessary.

[Edited out]

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

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

Bitcoin has gone through several years of existence with a corresponding pump and dump and has also proven that it's Volatility is sacrosanct to the success of every bitcoin investor. Buying bitcoin rightly is good because it eases off the pressure from Dip. Selling at dips is a total waste of investment and this is a result of fear.

Yeah sure, if you want to get the best from bitcoin, instead of complaining at dips, you make more buys HODL and wait for at least 4 to 10 years time during which you would easily sell and make your gain even though the longer you HODL the better.

[cyberninja2]

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

If you are able to do something like that I think this is a good idea in separating the two things because both of them have their own interventions so that many people rarely do it because this is also to speed up the situation of a downturn that might suddenly happen to us but by separating the two things it is certainly a tool to help us when we are in a difficult position when investing both of these things can be a tool to help us and usually only emergency funds are always our tool to help us and when someone does it with a good idea about separating the two things, maybe we will be able to feel both of these things when our position and situation are in times that we do not expect that happen to someone personally.

[Grease5000]

[Edited out]

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

This is a very bad advice in both ways. Saving your emergency funds in bitcoin is not the right thing if you don't want to run at losses. Most times we realise that you may save up to $300 worth of bitcoin for emergency purposes. Due to Volatility, the say Bitcoinay no longer worth up to that amount when you want to make use of it and you know that major hospitals don't collect bills in bitcoin. This would make you sell more bitcoin than you would have spent on such emergency. Saving fiats for emergency situation is the best way to avert the losses that could come with Volatility at the point of need.

You don't have to sell your bitcoin stash because you are faint hearted. Instead, when you already discovered that you are faint hearted, deal with it, check the records, reach out for the cycle. Don't allow fear lure you into selling off your bitcoin with panic. Investing with only your Discretionary income will also help you not to get into financial stress that could lead you into selling off your bitcoin sooner than necessary.

[Edited out]

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

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

Bitcoin has gone through several years of existence with a corresponding pump and dump and has also proven that it's Volatility is sacrosanct to the success of every bitcoin investor. Buying bitcoin rightly is good because it eases off the pressure from Dip. Selling at dips is a total waste of investment and this is a result of fear.

Yeah sure, if you want to get the best from bitcoin, instead of complaining at dips, you make more buys HODL and wait for at least 4 to 10 years time during which you would easily sell and make your gain even though the longer you HODL the better.

Considering how volatile Bitcoin price can be it is better to save emergency fund in fiat currency than in Bitcoin, because the need for the emergency fund may arise when there is  a price dip this can lead invest touching it's Bitcoin holding  rather the just the  emergency fund. And this can equally trigger emotions.

Emergency fund should be keep desperate from the discretionary income use to accumulate bitcoin. Because this is the used when there an urgent situation, like payment of hospital bill, rent and so on. This is like a back-up plan one can fall back to if they lose their jobs and other mean of survival. This enable investor not to sale off their Bitcoin holding which can end a Long term plan of accumulating and holding Bitcoin.

[HajiBagi]

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

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

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

Saving your emergency funds in bitcoin is not an emergency funds anymore, it means you have invest the money in bitcoin, emergency funds should always remain in fiat, emergency funds is a fund that you can never use to do anything or invest it in any business, it should be used for any emergency problems, such as your needs, hospital bills and other expenses, saving your emergency funds in bitcoin is very dangerous because when you sell up to the bitcoin limit of the emergency funds and you still need money to cover the expenses you will touch the remaining bitcoin.

Many people have made the same mistakes by using their emergency funds to save in bitcoin because they think if the price rise up the emergency funds will be enough for them to solve their problems, before we should try using our emergency we should remember that bitcoin is unpredictable and we can see that the current price has make us understand the reason why some people did not buy bitcoin to hold for a long time.

[barisbilgili]

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

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

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

I am sure we are all in agreement on this, regardless of what happens, it is indeed appropriate for us to continue accumulating Bitcoin with a DCA strategy. However, I also think there's nothing wrong with buying more because, in my opinion, the current price of Bitcoin is already very low, and I also think there's no need to wait any longer since we only need to refer to Bitcoin's ATH price; if it's far below that, then it's worth buying.

[yixichloro2xx]

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

You are right, emergency funds should be saved in Bitcoin because that will make it to lose its purpose from tackling emergency stuff or should I say urgent needs to becoming an investment fund. Emergency funds are meant to be stable, i.e free from sudden price drop, can only increase if you save more and easy to access. Imagine someone putting his Emergency funds into Bitcoin, then if Bitcoin falls sharply when you need the money urgently,you maybe forced to sell at loss especially in a scenario where the emergency funds can't cover up the urgent need so you will have really on your main Bitcoin investment by tapping into it. That alone jeopardizes your investments and emergency savings. So emergency funds should be kept in your bank, then if you want to invest use your DCA funds.

[Cossyblack]

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

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

Don't you know what emergency is?Emergency is an occurrence that happens unexpectedly. Emergency fund should only be used for emergencies. So stop using it to accumulate bitcoin because if you don't stop and an emergency occur what fund are you going to use to settle the emergency situation? At this stage you would be forced to sell your bitcoin portion prematurely to settle the emergency problem at hand. So I strongly disagree with using your emergency fund to accumulate bitcoin I stand strongly against it.

[rezakurnia66]

You are right, emergency funds should be saved in Bitcoin because that will make it to lose its purpose from tackling emergency stuff or should I say urgent needs to becoming an investment fund. Emergency funds are meant to be stable, i.e free from sudden price drop, can only increase if you save more and easy to access. Imagine someone putting his Emergency funds into Bitcoin, then if Bitcoin falls sharply when you need the money urgently,you maybe forced to sell at loss especially in a scenario where the emergency funds can't cover up the urgent need so you will have really on your main Bitcoin investment by tapping into it. That alone jeopardizes your investments and emergency savings. So emergency funds should be kept in your bank, then if you want to invest use your DCA funds.

Agree with your opinion, emergency fund most profitable when saving in bitcoin due possibility increasing values and not difficult yet if any emergency moment without few minutes we can sell bitcoin. Bitcoin is the top of cryptocurrency assets and not difficult to sell any time or any where exactly if allocate the emergency fund saving in bitcoin, if something urgent needed we not get difficult yet to sell bitcoin than saving the emergency fund in fiat without increasing the value yet.
Not bad ideas make emergency fund as investment assets during not any urgent needed we can hold and possibility the emergency fund increasing depend how bitcoin price raise up.

[Glen Hoddle]

I also think there's no need to wait any longer since we only need to refer to Bitcoin's ATH price; if it's far below that, then it's worth buying.

Those who expect Bitcoin to go down more are basically doing the wrong thing, the current time is the most attractive and suitable time to invest. The Bitcoin market is now under the control of each individual, so it is necessary to identify the best time to buy Bitcoin. Currently, the price of Bitcoin is above $ 60k, the possibility of the price falling is very low, so the price of Bitcoin can increase at any moment. So the current time is the best to invest in Bitcoin

[ruykeri]

Considering how volatile Bitcoin price can be it is better to save emergency fund in fiat currency than in Bitcoin, because the need for the emergency fund may arise when there is  a price dip this can lead invest touching it's Bitcoin holding  rather the just the  emergency fund. And this can equally trigger emotions.

Emergency fund should be keep desperate from the discretionary income use to accumulate bitcoin. Because this is the used when there an urgent situation, like payment of hospital bill, rent and so on. This is like a back-up plan one can fall back to if they lose their jobs and other mean of survival. This enable investor not to sale off their Bitcoin holding which can end a Long term plan of accumulating and holding Bitcoin.

Who told you that emergency funds should be kept in Bitcoin? Emergency funds should be kept in fiat. But not in a place where it can be used easily. It may have to be used at any time because it is not possible to say when an emergency arises. But if you keep it in a way where it is easy to reach, then you will see that the emergency fund is being used for unnecessary reasons. But overall, your willpower is the most important thing. If you can control your decisions through proper planning and reasoning, then the possibility of breaking in the middle of investing in Bitcoin is less.

[cxtreenal]

I also think there's no need to wait any longer since we only need to refer to Bitcoin's ATH price; if it's far below that, then it's worth buying.

Those who expect Bitcoin to go down more are basically doing the wrong thing, the current time is the most attractive and suitable time to invest. The Bitcoin market is now under the control of each individual, so it is necessary to identify the best time to buy Bitcoin. Currently, the price of Bitcoin is above $ 60k, the possibility of the price falling is very low, so the price of Bitcoin can increase at any moment. So the current time is the best to invest in Bitcoin

Bitcoin price may fall further in the future. No one can say for sure what is going to happen. If so, decide what you should do. Waiting for more dips while you have available funds is a foolish decision because it is impossible to predict the price. If the price increases, you will regret not buying at this time.
The price of Bitcoin is related to demand and the current price trend is the dip season. Whether the price is likely to fall or rise, this is the right time to buy Bitcoin through floating reserve funds. Follow the DCA method for accumulating Bitcoin regularly. Stay present in any phase of price decline or rise because it is almost impossible to predict the price but the fundamental characteristics and technical characteristics of Bitcoin indicate the possibility of higher prices in the future.

[Showlove01]

I also think there's no need to wait any longer since we only need to refer to Bitcoin's ATH price; if it's far below that, then it's worth buying.

Those who expect Bitcoin to go down more are basically doing the wrong thing, the current time is the most attractive and suitable time to invest. The Bitcoin market is now under the control of each individual, so it is necessary to identify the best time to buy Bitcoin. Currently, the price of Bitcoin is above $ 60k, the possibility of the price falling is very low, so the price of Bitcoin can increase at any moment. So the current time is the best to invest in Bitcoin

Waiting for Bitcoin to Dip more before Investing is a lazy strategy and trader's way of going about the market and it is not encouraging and advisable method to use in Bitcoin investment. It is wrong to say the market is under the control of each individual because it is not true the fact that we are investing in Bitcoin doesn't mean the market is under our control but rather we are trying, managing and striving to have a future with it and whenever we are investing we should not look at the price because it can be deceitful sometimes or discouraging.

[Arenga pinnata]

Considering how volatile Bitcoin price can be it is better to save emergency fund in fiat currency than in Bitcoin, because the need for the emergency fund may arise when there is  a price dip this can lead invest touching it's Bitcoin holding  rather the just the  emergency fund. And this can equally trigger emotions.

Emergency fund should be keep desperate from the discretionary income use to accumulate bitcoin. Because this is the used when there an urgent situation, like payment of hospital bill, rent and so on. This is like a back-up plan one can fall back to if they lose their jobs and other mean of survival. This enable investor not to sale off their Bitcoin holding which can end a Long term plan of accumulating and holding Bitcoin.

Yes, I completely agree on this point. After all, we all know that emergency funds and cold funds that can be invested in bitcoin for the long term must be two separate things. And in the financial management plan that we put together, these two things certainly fill their respective roles.

Emergency funds must always be readily available in the fastest way possible when unexpected needs arise. This is different from cold funds, which we set aside for accumulation or DCA bitcoin, which we must also separate specifically because these funds should not be touched for the next 10 years or more. In my opinion, long term means more than 10 years. Less than this, I prefer to call it medium-term. Although many people may consider a 5-year investment to be long-term, for me, anything under 10 years is still not too long.

So, the Emergency Fund is the fastest-accessible fund that can be used whenever needed. Meanwhile, the Cold Fund for long-term investments like Bitcoin DCA is the opposite. It's a fund that's meant to remain untouched for the long term.

[Obulis]

we can easily multiply our assets. Similarly, the fifth point is very realistic considering the current volatile market conditions. Of course, it's not recommended to rely solely on Bitcoin to supplement our income. We should have a steady job or side hustle to support our finances. Only after earning a profit of 20 to 30% of our income. In my opinion investing 100% of our assets in Bitcoin is very risky. although with a little luck, we could suddenly become rich. However, to be cautious and protect our wealth, never invest 100% of your wealth in Bitcoin.

Before giving suggestions about multiplying of assets have you ask to know how far guys have gone in their accumulation journey, if they have reach their accumulation status or overaccumulation status? These are the things you need to consider before giving suggestions about multiplying assets, as a matter of fact you don't expect guys to be jumping from one investment to the other when they have not yet finish the one they started, guys is likely to blow their investment up if they go with this suggestion, I'm not disputing with you when you said that guys should multiply thier assets which can be seen as (diversification) but first, guys need to finish up with their Bitcoin investment before looking into other investment as alternative or backup, and if I May ask which other investment you know is unique as Bitcoin investment that you will recommend guys to go into? Even though surely guys will want to invest in other assets but their major focus should be on how to stack enough stash of bitcoin in their portfolios before engaging in other investment.

A guy does not need to reach over accumulation status before he starts to consider that diversification might be acceptable for him.

Let's say that a guy in was in his early 30s in the beginning of 2017 and his income was $30k, so he started investing at $100 per week, and he thought that when he is able to withdraw $80k per year from his bitcoin, then he is going to quit his job.  He was hoping to reach his goal by 2030, and he will be 45 years old at that time.  So up until now, he invested about $48k into bitcoin, his bitcoin stash is about 5.43 bitcoin.

He sees that right now 5.43 bitcoin would ONLY give him about $31.65k per year income, so he thinks that he has enough bitcoin, and so he was thinking about either stopping his bitcoin investment or only buying on dips and then to use his money in other ways... and then see where his 5.43 bitcoin will be in 2030.. .. yet he thinks that he largely has enough, even though he is not quite ready to start withdrawing from it...

Keeping to the target of reaching over accumulation status before thinking of diversification is not a necessity indeed. Some diversifying are made by making use of the opportunity at hand. That is some chances are usually so ripe that the best thing will be to take advantage of it. But then even aside such ripens, diversification must not be only when over accumulation status is reached.

Personally, creativity won't begin when someone has reached over accumulation status. Creativity happens anytime any day, so when a creative idea springs up, would you wait until over accumulation before exploiting that idea? No need to wait as much as it can be possibly taken advantage of.

[MissNonFall9]

I also think there's no need to wait any longer since we only need to refer to Bitcoin's ATH price; if it's far below that, then it's worth buying.

Those who expect Bitcoin to go down more are basically doing the wrong thing, the current time is the most attractive and suitable time to invest. The Bitcoin market is now under the control of each individual, so it is necessary to identify the best time to buy Bitcoin. Currently, the price of Bitcoin is above $ 60k, the possibility of the price falling is very low, so the price of Bitcoin can increase at any moment. So the current time is the best to invest in Bitcoin

Bitcoin price may fall further in the future. No one can say for sure what is going to happen. If so, decide what you should do. Waiting for more dips while you have available funds is a foolish decision because it is impossible to predict the price. If the price increases, you will regret not buying at this time.
The price of Bitcoin is related to demand and the current price trend is the dip season. Whether the price is likely to fall or rise, this is the right time to buy Bitcoin through floating reserve funds. Follow the DCA method for accumulating Bitcoin regularly. Stay present in any phase of price decline or rise because it is almost impossible to predict the price but the fundamental characteristics and technical characteristics of Bitcoin indicate the possibility of higher prices in the future.

Among the volatile assets in the world, Bitcoin is a highly volatile asset, which should be invested based on timeframe, risk tolerance, and capital management when making decisions. Before investing here, you need to understand whether you are a short-term trader or a long-term trader. After that, charts, Bitcoin cycles, halving events, economic news, liquidity zones, institutional interest, market sentiment, etc. However, since people invest in Bitcoin on a long-term basis, the profit margin is much higher, and considering the halving time, there is a high probability of getting a high rate of return if you invest in Bitcoin now. And since corrections in Bitcoin are normal at 20 to 30 percent, I think the dollar cost averaging system is better for investing in Bitcoin.

[Sarah_Jannat42]

The only risk management strategy needed while investing in Bitcoin is by  investing from your discretionary income, because in the worst possible scenario, your mental health will not be affected.
Aside that your duty is to just buy and hold, and  then put down measures that may aid your holding capacity, which is having an emergency and reserve funds in place, just in case of real life emergencies.

Maintaining peace of mind is very important for investing in Bitcoin and if we can invest our excess money regularly in a disciplined manner, it will not only give us inner peace but also it will become a big fund to keep in investment for a long time. In addition if we can keep some money aside for our emergencies, I strongly believe that it can be a solution to ensure peace of mind for us.

Investing wisely is very important. Don't invest all your hard earned money but partial investment is advisable. In the brewery companies you are advice to drink responsibly the same thing applies here. Risk management is adviceable here, don't fall for the good news that you can become billionaire in dollars if you have a lot of bitcoins. Buy the one you can buy and rest

Yes, you are right, every person's income is very hard earned and therefore every step of their life has to be taken very carefully. There is a certain limit to investing in every matter and accordingly he has to invest considering his specific income. We have to invest in proportion to income and if you think of applying DCA method then it will be very reliable. Investing in Bitcoin should definitely not be for a short period of time.

[Bigjoe33]

Emergency fund should be keep desperate from the discretionary income use to accumulate bitcoin. Because this is the used when there an urgent situation, like payment of hospital bill, rent and so on. This is like a back-up plan one can fall back to if they lose their jobs and other mean of survival. This enable investor not to sale off their Bitcoin holding which can end a Long term plan of accumulating and holding Bitcoin.

Pls don't get it twisted. Payment of RENT is not an emergency, and it's not paid from your emergency funds. Rent is part of your basic necessities and should be planned for and/or paid using your basic income. This is because rent is fixed, both the price and when to renew it, so it's not an emergency and shouldn't be referred to as what we pay with our emergency funds. The hospital bills, repairs of vehicles or change of tyre, accident etc, are all emergencies and are handled by the emergency funds, but not rent. And that's why the emphasis has been on investing from your discretionary income, meaning, you must have settled all basic needs before using the left over money (discretionary) to invest

[Furious 7]

So for me it will be a wrong thing in thinking if we assume that being in bitcoin is a guarantee because until whenever bitcoin will not be guaranteed and that is a sure thing. When guaranteeing something then our expectations will be much greater but in terms of investment including in bitcoin it is the wrong thing.

That's because we don't know if the long-term period will match the price we planned or not. Especially if at a certain time you need money and have to sell your Bitcoin. There is no certainty of earning the planned profit. There is no guarantee, you are right that we are talking about potential, not a guarantee.

I think this is not about selling and buying, but from the beginning, bitcoin has had risks (actually, not only bitcoin, because all investments we make in anything also have risks), so it would be very wrong to say that being in bitcoin will guarantee us to get what we want.

We can only hope that with the potential that Bitcoin has, especially when we look at its past history, the probability of us achieving financial freedom by investing in Bitcoin will be greater, and we will also use it as a hedge that we maintain.
By investing for the long term, we can at least minimize the initial high risk because the longer we stay in Bitcoin, the smaller the risk ratio will become. However, it is important to emphasize that a smaller risk does not mean no risk, so there are no guarantees here, and it would be a misinterpretation if anyone still claims that there is a guarantee of profit when investing in Bitcoin.

[Merit.s]

The hospital bills, repairs of vehicles or change of tyre, accident etc, are all emergencies and are handled by the emergency funds, but not rent. And that's why the emphasis has been on investing from your discretionary income, meaning, you must have settled all basic needs before using the left over money (discretionary) to invest

Funds used for changing of your car tyre doesn't fall under real life emergency, therefore, you don't need to use your emergency funds to change your car tyre. You can use your reserve funds or float.

If it's someone that do visit the hospital monthly for check up, that shouldn't fall under emergency but a monthly expenses.

A real life emergency is only what you should use your emergency funds for which are loss of job, illness that prevents you from earning any income, if your roof is being pulled off by a storm or a car accident. All these problems if they ain't solved it will lead to more problems. This is why we have several backup funds like reserve funds and float to take care of other expenses that we didn't budget but popped up.