Buy Buy Buy or Sell Sell Sell?

[Rockson1]

I also agree on this ,emergency funds as the name implies is best use when their is a serious situation on your portfolio not using it to invest, you can't use it to invest because if you use an emergency funds to invest what then happens when an investor is having a hard time which funds can he use to solve the situation, that means he has fault in his investment and can never be fixed, because he has used the emergency funds for something else that means he has to face the rote of his or her tailed calculations, in other words emergency funds shouldn't be use for anything except emergency as the name implies.

I think it should so simple for anyone to understand what emergency funds should be used for going by the definition of the term emergency.
I don't know why some investors like to get themselves confused, if someone is saying emergency funds should be used for instance, what then should an investor use when emergency occurs, our emergency funds serves as protection tool to our Bitcoin specifically when when emergency situation takes place, so we are not supposed to have a different purspose for creating emergency funds, rather than what it is meant for.

[Moeralife11]

In order to invest successfully in Bitcoin, investors need to take a few more steps (success is not guaranteed, but the chances of success increase significantly if you invest consistently for a long time in the right way). You mentioned an emergency fund in addition to requesting weekly DCA. I would like to give you a few more points. Understanding income and expenses is a prerequisite for investing. An investor will find it easier to make investment decisions if he is aware of his discretionary income. Because discretionary income is the money left over after all needs are met, it facilitates investment decisions.

Therefore, an investor won't experience any pressure to make additional investments in the future if he uses this money consistently. Indeed, an investor can begin investing with a consistent portion of his discretionary income and increase the amount based on his position. I believe investors will have a good chance of making profitable investments if they can follow this plan and stick with it for a long time (at least four to five years).

I agree with your point my dear. I think the key is not just deciding to invest, but making sure the investment plan actually fits comfortably into your financial situation. Understanding your income, essential expenses, savings, and discretionary income gives you a much clearer idea of what you can realistically invest without putting yourself under unnecessary pressure.

I also agree that consistency and patience can make a big difference, especially with Bitcoin’s volatility. Using a reasonable portion of discretionary income for regular DCA means you’re not constantly trying to predict the perfect entry point. At the same time, I’d still keep enough emergency savings and avoid investing money that might be needed for important expenses.

Four or five years can give an investor a longer time horizon, but of course there’s still no guarantee of profit with Bitcoin. The most important thing is having a strategy you understand, managing the risks, and being disciplined enough to stick with it through both the good and bad periods.

[Moeralife11]

I also agree on this ,emergency funds as the name implies is best use when their is a serious situation on your portfolio not using it to invest, you can't use it to invest because if you use an emergency funds to invest what then happens when an investor is having a hard time which funds can he use to solve the situation, that means he has fault in his investment and can never be fixed, because he has used the emergency funds for something else that means he has to face the rote of his or her tailed calculations, in other words emergency funds shouldn't be use for anything except emergency as the name implies.

I think it should so simple for anyone to understand what emergency funds should be used for going by the definition of the term emergency.
I don't know why some investors like to get themselves confused, if someone is saying emergency funds should be used for instance, what then should an investor use when emergency occurs, our emergency funds serves as protection tool to our Bitcoin specifically when when emergency situation takes place, so we are not supposed to have a different purspose for creating emergency funds, rather than what it is meant for.

Exactly, that’s how I understand it too. An emergency fund is money set aside specifically to deal with unexpected and urgent situations without having to sell your Bitcoin or other investments at a bad time.
By emergency, I mean things like an unexpected medical bill, urgent home or vehicle repairs, sudden loss of income, or another essential expense that you genuinely cannot postpone. The purpose of the fund is to provide financial protection when something unexpected happens.
So if an emergency occurs, that is when the emergency fund should be used. It shouldn’t be treated as money for regular spending, luxury purchases, or additional investing. Keeping it separate helps protect the investment plan because you won’t be forced to sell Bitcoin simply because an unexpected expense comes up.

[Derekfunds]

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

You are right, emergency funds should be used on unexpected challenges or problems but again, it doesn't mean it can not be used for other thing like investing in Bitcoin especially when there is an opportunity and when it is necessary to do so. However, if someone has an emergency funds and fortunately Dip comes, they can use their emergency funds and front load but this should be done wisely in the sense that, you ought to have a means of getting back this funds that is been used asap but it you don't have a means then it will be wise to let go the opportunity and prepare for another since Dip doesn't only occur once.

[UpTober]

Those who you will see only mentioning about making profit through Bitcoin investment are not long-term Bitcoin holders, but they have become traders. You should stay away from the advice of such people, Bitcoin investment is definitely profitable in the long term. If you continue to buy Bitcoin regularly and move forward into the future, you will definitely get proof of this. You have invested in Bitcoin and will keep it for a few years. It should have a solid plan, the right plan will definitely lead you to success.

I think you should be clear about what you mean. In the first line you said that those who have profited by investing in Bitcoin and those who say so are wrong and you called them traders. I did not understand that you yourself said investors in the first line and a little later you called them traders. It would have been better if you had clarified this. Another thing you said at the end that investing in Bitcoin is definitely profitable, (which is very certain) then why is your main point not clear. Yes, you can advise an investor to invest for the long term but at the same time you cannot guarantee that you will definitely profit from the investment because if a person does not invest correctly but wants to make a profit, in this case your advice will be proven wrong.

Investors always want to be seeing green always, and that is why you will see them talk about profit. If you don't want profit, why will you be holding for a long term. We all invest for long term to reach our target, and that is why we should always use the DCA method to invest in Bitcoin and use discretionary funds, so that any challenges that come up in the market, we won't feel it and regret. No investor needs lose, we all invest in Bitcoin to get profit in the future.

If you buy Bitcoin correctly and hold it for a long time, then of course you will have the opportunity to profit, but you have to use your income wisely when investing in Bitcoin. Then it will be easier to keep your Bitcoin investment for a long time, because the DCA method of investment saves you on the purchase price. Bitcoin investor confidence increases further, making your future journey successful.

Yes, I agree that proper management is very important for investors, especially those who want to hold Bitcoin for a long time, but at the same time I want to clarify that DCA does not mean always buying Bitcoin at a low price, but it gives the investor a big advantage of buying in stages, and at the same time reduces the pressure on the investor to always buy Bitcoin at a low price.

I think it is not only important for an investor to buy regularly, but more importantly, to try to buy with extra money, which is what we call discretionary income. For example, if investors separate their income and expenses well and buy Bitcoin continuously with extra money, then this purchase will definitely reduce the pressure on the investor's investment, which will make it easier for him to hold the investment for a long time. And in terms of investment, the more important thing is consistency and holding it for a long time, if an investor invests consistently and his investment amount is less, then sometimes it is better than buying a lot of investment at the same time.

All in all, we can say that long-term success does not only depend on buying, but how comfortably we are able to buy and how comfortably we are able to hold it is also important.

[IceLincoln]

I agree with u that emergency funds are not flexible it should be use in emergency time not use for investments and unnecessary expences.And i also like the idea of yours of having a separate reserve fund.because it can give u an opportunity to take advantage of bitcoin dips.The main point in this that we should never put our self in situation where we are force for selling bitcoin in loss.

They are making the mistake of treating their emergency fund and the only backup fund they can have, some might even only save up for emergency and not keep anything in the reserve which is what will lead to them spending their emergency to do things that don't really qualify as emergencies, this is why if you as an investor already has your emergency fund in place up to like 3 months worth of expenses you should start setting up your reserve fund from the percentage of your discretionary fund that was initially being used to set up your emergency fund, don't immediately start buying bitcoin aggressively with it when you don't have enough backup funds yet as you might end up spending from your emergency fund later.
Consider this, I want to change my phone and get a new one, this isn't an emergency, after all I still have a phone that works, I can't replace the phone from my emergency fund, that would be a big mistake, but my reserve fund will  ideal to pay for this, the same way it can be used to pay for vacations, holidays and the rest of them, these things have nothing to do with our emergency fund.

I think there’s an error in your first sentence where you said “treating their emergency fund and as the only backup fund”.
Yes it’s good to have both emergency and reserve funds available. I may not subscribe to building the emergency fund upto three months of expenses before you start saving for reserves as that might take a long time. I suggest having a good financial plan and sharing plan for your discretionary income.
Let’s say I have $100 worth of discretionary; I’ll invest $50 in bitcoin $30 in emergency fund and $20 in reserve. Anyone can choose to divide into whatever ratio that suits their financial situation, you don’t have to wait to build up emergency funds first.

[Cgrexp]

I agree with u that emergency funds are not flexible it should be use in emergency time not use for investments and unnecessary expences.And i also like the idea of yours of having a separate reserve fund.because it can give u an opportunity to take advantage of bitcoin dips.The main point in this that we should never put our self in situation where we are force for selling bitcoin in loss.

They are making the mistake of treating their emergency fund and the only backup fund they can have, some might even only save up for emergency and not keep anything in the reserve which is what will lead to them spending their emergency to do things that don't really qualify as emergencies, this is why if you as an investor already has your emergency fund in place up to like 3 months worth of expenses you should start setting up your reserve fund from the percentage of your discretionary fund that was initially being used to set up your emergency fund, don't immediately start buying bitcoin aggressively with it when you don't have enough backup funds yet as you might end up spending from your emergency fund later.
Consider this, I want to change my phone and get a new one, this isn't an emergency, after all I still have a phone that works, I can't replace the phone from my emergency fund, that would be a big mistake, but my reserve fund will  ideal to pay for this, the same way it can be used to pay for vacations, holidays and the rest of them, these things have nothing to do with our emergency fund.

I think there’s an error in your first sentence where you said “treating their emergency fund and as the only backup fund”.
Yes it’s good to have both emergency and reserve funds available. I may not subscribe to building the emergency fund upto three months of expenses before you start saving for reserves as that might take a long time. I suggest having a good financial plan and sharing plan for your discretionary income.
Let’s say I have $100 worth of discretionary; I’ll invest $50 in bitcoin $30 in emergency fund and $20 in reserve. Anyone can choose to divide into whatever ratio that suits their financial situation, you don’t have to wait to build up emergency funds first.

Emergency fund and reserve fund should not be seen as the same thing. The two have different purposes. Therefore, both need to be considered separately in financial planning. Emergency fund is mainly kept to meet the needs of unexpected situations. Reserve fund can help to create additional financial security. It can help to meet various future needs or to utilize investment opportunities as needed. The strict rule that no one can save or invest in any other sector until the amount equal to three months of expenses is deposited in the emergency fund is not realistic for everyone. For those with limited income it may take a long time to accumulate this amount of money. Dividing your disposable income into different sectors, considering your income, expenses and current savings status, may be a more realistic method. It is reasonable to prioritize building an emergency fund for someone whose income is uncertain or who has a lot of financial responsibility for the family. It is more effective to distribute money according to personal financial circumstances rather than determining the same ratio for everyone. Rather than the rule that you should only start investing in Bitcoin after you have a fully built up emergency fund, it is more realistic to create a balance between emergency funds, reserves and investments in line with your income and expenses. However, this balance will not be the same for everyone.

[Loyang]

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

You are right, emergency funds should be used on unexpected challenges or problems but again, it doesn't mean it can not be used for other thing like investing in Bitcoin especially when there is an opportunity and when it is necessary to do so. However, if someone has an emergency funds and fortunately Dip comes, they can use their emergency funds and front load but this should be done wisely in the sense that, you ought to have a means of getting back this funds that is been used asap but it you don't have a means then it will be wise to let go the opportunity and prepare for another since Dip doesn't only occur once.

Investing a dollar outside our discretionary income is not a good idea. A person who invests outside of discretionary income is definitely gambling with his investment. Emergency fund is our safety net, if a person breaks this safety net or invests, then if an emergency situation arises at that time, then that person will definitely have to sell his investment and if the price of Bitcoin is lower than his purchase price, then that person will definitely have to sell it at a loss. So investing with emergency fund is never a good idea.

However, yes, in some cases, depending on the situation, you can invest with emergency fund. For example, you have money, but that amount of money is in the bank or your friend has it. At this time, the market has fallen, but you cannot get that amount of money immediately, but you will get that amount of money in a short time. In such a situation, a person can invest with emergency fund.

[POPOLUV]

I also agree on this ,emergency funds as the name implies is best use when their is a serious situation on your portfolio not using it to invest, you can't use it to invest because if you use an emergency funds to invest what then happens when an investor is having a hard time which funds can he use to solve the situation, that means he has fault in his investment and can never be fixed, because he has used the emergency funds for something else that means he has to face the rote of his or her tailed calculations, in other words emergency funds shouldn't be use for anything except emergency as the name implies.

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

I believe that even investors that doesn't have discipline of holding Bitcoin for that long, should be able to know the reason why emergency fund should seen as a money keep aside not only as a savings only but to save your Bitcoin portfolio in future to comes, and when there is an emergency fund breakage as you proceed with your buying, and for you to be able of healing the situation, one thing i think is best for those investors that is still coming up to know,  it is very important to keep this in your mind, as you sort out your discretionary income on a weekly or monthly basis, don't also forget to sort out your emergency fund weekly or monthly as well, it doesn't really means that, since you have sort out your emergency fund last week or last month that it doesn't mean if you didn't save consistently, it is very important to be accumulating your savings as much as you are buying Bitcoin because you don't have idea of the kind of emergency that can occur to you that might needs a huge amount of money, so to able to withstand any circumstances like that and not be tempted to sell when it is not due, it is always good to plan ahead of your investments.

[Sammysmart001]

it is very important to be accumulating your savings as much as you are buying Bitcoin because you don't have idea of the kind of emergency that can occur to you that might needs a huge amount of money,

Fact. Most individuals just thinks an emergency funds is just a time setup. They just hit a little savings target and boom they just stop. But also one small hospital bill or car issue can just eat up our emergency funds with just a blink of an eye. Real life don’t really care about our plans, the moment we stop to add cash our Bitcoin stack because the next option when any emergency comes up.

Emergency funds should treated slightly like the way we treat our DCA , we should keep on topping up every month so we should never be forced  to touch our coin.

[ejikeme24]

it is very important to be accumulating your savings as much as you are buying Bitcoin because you don't have idea of the kind of emergency that can occur to you that might needs a huge amount of money,

Fact. Most individuals just thinks an emergency funds is just a time setup. They just hit a little savings target and boom they just stop. But also one small hospital bill or car issue can just eat up our emergency funds with just a blink of an eye. Real life don’t really care about our plans, the moment we stop to add cash our Bitcoin stack because the next option when any emergency comes up.

Emergency funds should treated slightly like the way we treat our DCA , we should keep on topping up every month so we should never be forced  to touch our coin.

It's really so hilarious when I see people talk about putting 3 months of their monthly income into their emergency funds and then it's enough, I don't even know where they got that information from or maybe they seem to be making assumption because 3 months salary of an average person can't go anywhere in his emergency funds. I frequently suggest that a guy should be topping up his emergency funds as much as he's topping up Their investment either weekly or monthly or perhaps daily because emergency is not measured that we could possibly know or guess how much of our emergency funds that will be enough for each emergency.

[Showlove01]

It's really so hilarious when I see people talk about putting 3 months of their monthly income into their emergency funds and then it's enough, I don't even know where they got that information from or maybe they seem to be making assumption because 3 months salary of an average person can't go anywhere in his emergency funds. I frequently suggest that a guy should be topping up his emergency funds as much as he's topping up Their investment either weekly or monthly or perhaps daily because emergency is not measured that we could possibly know or guess how much of our emergency funds that will be enough for each emergency.

You are right dude but it is very hard and rare to see someone who build or grow their emergency funds daily unless these person earns daily and even if they earn daily it will still be somehow impossible because you will have to sort out things you would need before thinking about emergency funds and guess what, before you know that day is already gone so I don't think daily is possible and cool. And remember emergency funds is always draft out from discretionary income and we should prioritize discretionary income more than emergency funds.

[Churchillvv]

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

You are right, emergency funds should be used on unexpected challenges or problems but again, it doesn't mean it can not be used for other thing like investing in Bitcoin especially when there is an opportunity and when it is necessary to do so. However, if someone has an emergency funds and fortunately Dip comes, they can use their emergency funds and front load but this should be done wisely in the sense that, you ought to have a means of getting back this funds that is been used asap but it you don't have a means then it will be wise to let go the opportunity and prepare for another since Dip doesn't only occur once.

Emergency funds can only be used to cover for things like you have an automated bitcoin purchase in terms of DCA and an emergency occurs where you are not able to DCA automatically like before so you can use your emergency to cover for that moment but however its not some kind of emergency like this then using your emergency funds for investment is obviously wrong objectively since emergency funds are not merely for investment your discretionary income but however if your discretionary income can't fix your investment for a minute then you can use your emergency as that is an emergency and not part of the plan.

[Tank67]

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

You are right, emergency funds should be used on unexpected challenges or problems but again, it doesn't mean it can not be used for other thing like investing in Bitcoin especially when there is an opportunity and when it is necessary to do so. However, if someone has an emergency funds and fortunately Dip comes, they can use their emergency funds and front load but this should be done wisely in the sense that, you ought to have a means of getting back this funds that is been used asap but it you don't have a means then it will be wise to let go the opportunity and prepare for another since Dip doesn't only occur once.

Emergency funds can not be looked down upon because for you to be able to have a successful every other holder will tell you th same thing which ia for you to have emergency funds because the fact that unexpected challenge will come the same way it came the emergencies funds can be used to attend to does challenges so when you are using a discretionary income then your emergency funds should come out of there because their is no way  it won't have its purpose when you you have them so they must be part of them no matter what, emergency funds are very important. And for does that want to start investing emergency funds should be part of their plan.

[Moeralife11]

it is very important to be accumulating your savings as much as you are buying Bitcoin because you don't have idea of the kind of emergency that can occur to you that might needs a huge amount of money,

Fact. Most individuals just thinks an emergency funds is just a time setup. They just hit a little savings target and boom they just stop. But also one small hospital bill or car issue can just eat up our emergency funds with just a blink of an eye. Real life don’t really care about our plans, the moment we stop to add cash our Bitcoin stack because the next option when any emergency comes up.

Emergency funds should treated slightly like the way we treat our DCA , we should keep on topping up every month so we should never be forced  to touch our coin.

I completely agree with you. An emergency fund shouldn’t be something we build once and then forget about. Life can throw unexpected expenses at us at any time, and one major medical bill, car repair, or other emergency can quickly drain what we saved.
That’s why I think consistently topping it up, just like DCA, makes a lot of sense. Keeping that cash cushion growing gives us more financial security and means we’re less likely to be forced to sell or touch our Bitcoin when an emergency comes up. The goal is to protect both our cash flow and our Bitcoin stack.

[Moeralife11]

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

You are right, emergency funds should be used on unexpected challenges or problems but again, it doesn't mean it can not be used for other thing like investing in Bitcoin especially when there is an opportunity and when it is necessary to do so. However, if someone has an emergency funds and fortunately Dip comes, they can use their emergency funds and front load but this should be done wisely in the sense that, you ought to have a means of getting back this funds that is been used asap but it you don't have a means then it will be wise to let go the opportunity and prepare for another since Dip doesn't only occur once.

Emergency funds can not be looked down upon because for you to be able to have a successful every other holder will tell you th same thing which ia for you to have emergency funds because the fact that unexpected challenge will come the same way it came the emergencies funds can be used to attend to does challenges so when you are using a discretionary income then your emergency funds should come out of there because their is no way  it won't have its purpose when you you have them so they must be part of them no matter what, emergency funds are very important. And for does that want to start investing emergency funds should be part of their plan.

As a newbie, one of the first things you should understand is that investing should not come before financial stability.
Emergency funds can’t be looked down upon… and I completely agree. Unexpected expenses can happen at any time medical bills, repairs, loss of income, or other emergencies. If you don’t have money set aside for those situations, you might be forced to sell your investments at the wrong time just to cover your expenses.
That’s why I believe an emergency fund should be part of the plan before putting too much money into investments. Your emergency savings should be kept somewhere safe and easily accessible, while your investment money should be money you can afford to leave invested.

And when you have extra discretionary income, you can divide it wisely between building your emergency fund and investing. Once your emergency fund is at a comfortable level, you can focus more on strategies like DCA or buying during market dips without putting your basic financial security at risk.
So for anyone starting out, I would say build your financial foundation first, then invest consistently and patiently. That way, you’re not only thinking about making money you’re also protecting yourself when life throws an unexpected challenge at you.

[SPIDERMAN008]

It's really so hilarious when I see people talk about putting 3 months of their monthly income into their emergency funds and then it's enough, I don't even know where they got that information from or maybe they seem to be making assumption because 3 months salary of an average person can't go anywhere in his emergency funds. I frequently suggest that a guy should be topping up his emergency funds as much as he's topping up Their investment either weekly or monthly or perhaps daily because emergency is not measured that we could possibly know or guess how much of our emergency funds that will be enough for each emergency.

We do not know how big an emergency will be in the future. But there is no need to constantly increase the emergency fund for every possible emergency in the future. In determining the amount of an emergency fund, monthly expenses are more important than a person's monthly income. Now if a person earns $800 per month, but if his expenses are $500, then he can keep $1500 as an emergency fund for 3 months. But I think it is illogical for an emergency fund to be $2400 according to income. Now if someone's income is irregular or expenses are uncontrolled to have more responsibilities, then it may be a good decision to keep an emergency fund equal to 6 months of expenses. It depends on the financial condition of the person who is investing.

And we can never be sure what kind of emergency will arise in the future and how much fund will be needed to solve it. We must understand that an emergency fund is never a guaranteed solution to all possible financial losses. A fund is kept so that there is no need to sell bitcoin for any problem. Bitcoin can be used as a last resort in an emergency.

You also said that a person should add the same amount of money to the emergency fund every time along with the bitcoin accumulation. I think that a backup fund can be built up in the beginning of the accumulation in such a way that the emergency fund reaches an amount equivalent to 3 to 6 months of expenses. When the emergency fund is built up, then we should increase the dca amount. This is a logical decision.

[laijsica]

You are right, emergency fund should always treated as money saved for unexpected situation, it not meant for investment. because if investor mistakenly use emergency fund to buy more bitcoin, it may cause distraction to their long term plan whenever emergency happen. Emergency should always saved for emergency situations, because no one knows what tomorrow will bring and emergency can happen at anytime. If investor eventually tied up all is money into bitcoin, they may be forced to sell your bitcoin when emergency happen and that is against rules of long term investment, keeping emergency funds aside is very important instead of investing everything.

You are right, emergency funds should be used on unexpected challenges or problems but again, it doesn't mean it can not be used for other thing like investing in Bitcoin especially when there is an opportunity and when it is necessary to do so. However, if someone has an emergency funds and fortunately Dip comes, they can use their emergency funds and front load but this should be done wisely in the sense that, you ought to have a means of getting back this funds that is been used asap but it you don't have a means then it will be wise to let go the opportunity and prepare for another since Dip doesn't only occur once.

Emergency funds can not be looked down upon because for you to be able to have a successful every other holder will tell you th same thing which ia for you to have emergency funds because the fact that unexpected challenge will come the same way it came the emergencies funds can be used to attend to does challenges so when you are using a discretionary income then your emergency funds should come out of there because their is no way  it won't have its purpose when you you have them so they must be part of them no matter what, emergency funds are very important. And for does that want to start investing emergency funds should be part of their plan.

An emergency fund is important as part of a Bitcoin investment plan and if you want to be successful in the long run, it will not have a negative impact even if you don't have this fund at the beginning. Accumulate Bitcoin gradually and build an emergency fund along with it.
Unexpected needs may or may not arise during the period of long term investment. Have a plan and build this fund as a preparation for emergencies. In reality we keep extra funds to make our lives easier. You can build this emergency fund while building your Bitcoin holdings. By using this emergency fund without withdrawing your Bitcoin holdings in the middle, you will almost certainly be able to succeed in investing.

[Dxdiax26]

~Snip~

You are right dude but it is very hard and rare to see someone who build or grow their emergency funds daily unless these person earns daily and even if they earn daily it will still be somehow impossible because you will have to sort out things you would need before thinking about emergency funds and guess what, before you know that day is already gone so I don't think daily is possible and cool. And remember emergency funds is always draft out from discretionary income and we should prioritize discretionary income more than emergency funds.

There's no way to build an emergency fund daily, and even monthly spending seems difficult for those with limited income. Unless they have more than one source of income, it's possible to build an emergency fund somehow. Because they already have more capacity to meet their needs, it's natural for them to build such a fund as savings for the future and also to solve problems when they face them.

I think it fits with the language you said in the bottom line that emergency funds are taken from additional income so that prioritizing is a part that we must prioritize so that what I said above is very much aimed at that emergency funds remain successful or capable of being done by those who have more sources of income, and when there is more than one, of course the goal that must be done by those who have exceeded their capacity is to prioritize building emergency funds whether weekly or monthly with any amount because the emergency fund will provide a new color when the situation we face is in a situation that is not in our favor.

[Barikui1]

There's no way to build an emergency fund daily, and even monthly spending seems difficult for those with limited income. Unless they have more than one source of income, it's possible to build an emergency fund somehow. Because they already have more capacity to meet their needs,

Having more than one source of income do not guarantee anything because their are folks that have only a source of income but are doing better than those with several sources, since his income may be larger than someone with several sources of put together. What I think is more important is figuring out your discretionary income, because if you can figure it out regardless of your net income, you can still invest in Bitcoin consistently, because you can easily divide your discretionary income into three equal part, one part for investment, one part to set up your back up funds and the other last part for discretionary consumption, because like that you can always invest at ease and be successful at it.

I think it fits with the language you said in the bottom line that emergency funds are taken from additional income so that prioritizing is a part that we must prioritize so that what I said above is very much aimed at that emergency funds

This is not the best way to put down emergency funds in place.  The best way to put down emergency funds and you wouldn't have to fall back to it again because of an unattended basic needs is to first take care of all your basic needs, then the discretionary income left, is what you should divide into three places, one for investment one to put down your emergency and reserve funds and one for discretionary consumption, like that you would have no problem, not by taking money from your additional income to put it down without first figuring out your discretionary income.