Balancing Financial security and Bitcoin Accumulation

[Gost ms]

Some investors may be confused about the availability of backup funds before investing in Bitcoin. But the point is that you will not start accumulation Bitcoin with the entire fund you have. You should never use the entire fund you have at the time of investment. Some advise having sufficient funds from the beginning, but since Bitcoin is a volatile asset the possibility of a price increase at any time is very high. You should start investing in Bitcoin before the price increases significantly. If you do not have a backup fund available, start accumulate Bitcoin and gradually saving a backup fund. The purpose of this fund is to continue long term Bitcoin accumulation without withdrawing holdings in case of emergency during the Bitcoin investment period.

Before a person starts building an emergency fund or a backup fund, it is necessary to start investing in Bitcoin as the first priority. After starting investing, a person can build an emergency fund along with investing. Investing and building an emergency fund can be done in parallel. You can invest some of your discretionary income and use some of it to build an emergency fund. It is not wise to invest the entire amount of your discretionary income as an emergency fund and invest it. Discretionary income can be divided into three levels, such as 30% can be invested and 20% can be kept for an emergency fund and the remaining 50% can be kept by yourself or in the bank, (or you can build it depending on your financial situation).

If you do not have a backup fund available, start accumulate Bitcoin and gradually saving a backup fund.

It is never possible to say when the price of Bitcoin will increase. Therefore, a Bitcoin investor needs to focus on building their portfolio without worrying about the price, or continue to invest consistently. However, it would be better for you if you prioritize building an emergency fund before building a backup fund. Because a backup fund is usually built as a second layer of security, and an emergency fund is a first layer of security. So we need to prioritize building an emergency fund first.

[GIF-JOBS]

It is not right to invest without absolutely 0 backup. Backup does not mean that there will be money in the savings account. If you have some separate assets, you can be mentally stable in the case of long-term investment. You can imagine like  suppose a person has a house for living ,he has no assets outside of it, no investments. Suddenly, as his income increases, his discretionary income is created, then if he invests in Bitcoin along with creating a backup fund. In this case, it will be more difficult who starts investing without any assets to remain mentally stable over the long term when the price of Bitcoin fluctuates.

It will take a long time to build his back-up fund, but even if he invests in Bitcoin at that time, he will invest a lot according to his income . Then, if a sudden emergency arises or the price of Bitcoin drops, he will panic. If you do not have any other assets other than a house or place of residence before investing in Bitcoin, you should focus on building it.

People must not wait until they have enough backup funds before they can start investing in bitcoin. What is most important is for them to start buying bitcoin once they have their discretionary income ready to use for buying bitcoin and hodl as long term strategy. The most important thing is for them to check if they really have a discretionary income to start with and the moment their discretionary income is ready then they should start buying bitcoin immediately and not wait until they have any backup fund before they start buying and investing in bitcoin because even along the line as they are investing in bitcoin they can still be able to try to build their back up funds.

Since people do not know when they will have enough backup funds, i think people should never wait until they have enough backup funds before they can invest in Bitcoin. What people should be worry about Bitcoin investment is if they will have discretionary income that is needed for them to invest in Bitcoin. They can start accumulating Bitcoin right away if their discretionary income is available and build up their backup funds during their investing process so that they can be able to take care of any emergency that happens.

It is not backup funds that should be used for bitcoin investment but rather it is discretionary income that should be used for accumulating bitcoin. Not having a backup funds should not be a reason for not buying bitcoin. Moreover some percentage of discretionary income can be set aside to act as backup funds while the remaining percentage can be used to buy bitcoin. Not having backup funds shouldn't be the reason why anyone should wait before they start buying bitcoin.

To start investing in Bitcoin, we should first start investing and then arrange everything, create an emergency fund, delaying investment to create a backup fund is definitely a wrong decision. If someone wants, they can divide their income, one part emergency fund, one part long-term hold, move forward like this, it is also very possible to move forward like this and there is nothing wrong with it. The main thing is to move forward by maintaining balance, but delaying investment is definitely a wrong decision.

[Saltysugar99]

It is not right to invest without absolutely 0 backup. Backup does not mean that there will be money in the savings account. If you have some separate assets, you can be mentally stable in the case of long-term investment. You can imagine like  suppose a person has a house for living ,he has no assets outside of it, no investments. Suddenly, as his income increases, his discretionary income is created, then if he invests in Bitcoin along with creating a backup fund. In this case, it will be more difficult who starts investing without any assets to remain mentally stable over the long term when the price of Bitcoin fluctuates.

It will take a long time to build his back-up fund, but even if he invests in Bitcoin at that time, he will invest a lot according to his income . Then, if a sudden emergency arises or the price of Bitcoin drops, he will panic. If you do not have any other assets other than a house or place of residence before investing in Bitcoin, you should focus on building it.

People must not wait until they have enough backup funds before they can start investing in bitcoin. What is most important is for them to start buying bitcoin once they have their discretionary income ready to use for buying bitcoin and hodl as long term strategy. The most important thing is for them to check if they really have a discretionary income to start with and the moment their discretionary income is ready then they should start buying bitcoin immediately and not wait until they have any backup fund before they start buying and investing in bitcoin because even along the line as they are investing in bitcoin they can still be able to try to build their back up funds.

You are not speaking with reality. I myself agree that instead of waiting for the creation of a backup fund, one should start investing in Bitcoin and forming a backup fund together. I am talking about a person who has no other assets except a house to live in. If his income suddenly increases and creates discretionary income, then he suddenly starts investing in Bitcoin, then his only asset will be Bitcoin holdings. He will have nothing else. In this situation, if someone is very enthusiastic and wants to invest in Bitcoin, I have told them to create some backup assets first. It can be land, gold or some savings. Creating some assets first is completely logical. But that does not mean eliminating BTC. It means creating a safety layer first, starting with small staking, and then increasing BTC exposure when the reserves are strong. Because in this, people stabilize their own lives, not the market, and only when life is stable is it possible to hold Bitcoin long-term.

Bro, a lot can be said and written without starting to invest, but only those who invest know how important backup and strong cash flow are when it comes to investing in Bitcoin.

[Qhunman]

It is not backup funds that should be used for bitcoin investment but rather it is discretionary income that should be used for accumulating bitcoin. Not having a backup funds should not be a reason for not buying bitcoin. Moreover some percentage of discretionary income can be set aside to act as backup funds while the remaining percentage can be used to buy bitcoin. Not having backup funds shouldn't be the reason why anyone should wait before they start buying bitcoin.

Back funds like emergency fund shouldn't be invested in bitcoin. back fund we can used to invest in bitcoin is a reserve fund and not an emergency fund. Emergency fund is set aside to address emergencies therefore it is wrong to invest it in bitcoin as that would be gambling. An Emergency fund is kept should incase of emergencies but if it is invested in bitcoin and emergency struck,it may push you to sell your bitcoin even at loss. Bitcoin is bought using discretionary income and emergency fund is build using discretionary income. As long they have discretionary income,they can invest in bitcoin and building their emergency fund simultaneously.

[Shiny_L@dy]

It is not right to invest without absolutely 0 backup. Backup does not mean that there will be money in the savings account. If you have some separate assets, you can be mentally stable in the case of long-term investment. You can imagine like  suppose a person has a house for living ,he has no assets outside of it, no investments. Suddenly, as his income increases, his discretionary income is created, then if he invests in Bitcoin along with creating a backup fund. In this case, it will be more difficult who starts investing without any assets to remain mentally stable over the long term when the price of Bitcoin fluctuates.

It will take a long time to build his back-up fund, but even if he invests in Bitcoin at that time, he will invest a lot according to his income . Then, if a sudden emergency arises or the price of Bitcoin drops, he will panic. If you do not have any other assets other than a house or place of residence before investing in Bitcoin, you should focus on building it.

People must not wait until they have enough backup funds before they can start investing in bitcoin. What is most important is for them to start buying bitcoin once they have their discretionary income ready to use for buying bitcoin and hodl as long term strategy. The most important thing is for them to check if they really have a discretionary income to start with and the moment their discretionary income is ready then they should start buying bitcoin immediately and not wait until they have any backup fund before they start buying and investing in bitcoin because even along the line as they are investing in bitcoin they can still be able to try to build their back up funds.

You are not speaking with reality. I myself agree that instead of waiting for the creation of a backup fund, one should start investing in Bitcoin and forming a backup fund together. I am talking about a person who has no other assets except a house to live in. If his income suddenly increases and creates discretionary income, then he suddenly starts investing in Bitcoin, then his only asset will be Bitcoin holdings. He will have nothing else. In this situation, if someone is very enthusiastic and wants to invest in Bitcoin, I have told them to create some backup assets first. It can be land, gold or some savings. Creating some assets first is completely logical. But that does not mean eliminating BTC. It means creating a safety layer first, starting with small staking, and then increasing BTC exposure when the reserves are strong. Because in this, people stabilize their own lives, not the market, and only when life is stable is it possible to hold Bitcoin long-term.

Bro, a lot can be said and written without starting to invest, but only those who invest know how important backup and strong cash flow are when it comes to investing in Bitcoin.

If you have discretionary funds, it makes sense to start as soon as possible, and the price is high, low, or stable. There is no need to worry about these things, especially for beginners. Most people will take 4–10 years or more to build a good Bitcoin stash, so there is no real reason to go around pricing or calculating future prices. The key is to make sure they have discretionary funds and if they do, they can start investing now, even if it is just $10. So if you are new to Bitcoin and you have $10, you should start now.

 There is no point in waiting for a good price because that part is irrelevant. The most relevant thing for beginners is that they do not have any Bitcoin and the only way to get Bitcoin is to buy something and not wait or sit around. Now if someone is new to Bitcoin and has other additional funds that they can invest in Bitcoin, they may have the luxury of waiting with some funds, especially if they have already bought some Bitcoin with a portion of their available funds.

Those with more funds undoubtedly have more options, but that still doesn't justify waiting and not buying any Bitcoin at all, especially when they don't own any or very little. And the reality is that most people own little, whether they realize it or not.

[PhilosopherKing]

You are not speaking with reality. I myself agree that instead of waiting for the creation of a backup fund, one should start investing in Bitcoin and forming a backup fund together. I am talking about a person who has no other assets except a house to live in. If his income suddenly increases and creates discretionary income, then he suddenly starts investing in Bitcoin, then his only asset will be Bitcoin holdings. He will have nothing else. In this situation, if someone is very enthusiastic and wants to invest in Bitcoin, I have told them to create some backup assets first. It can be land, gold or some savings. Creating some assets first is completely logical. But that does not mean eliminating BTC. It means creating a safety layer first, starting with small staking, and then increasing BTC exposure when the reserves are strong. Because in this, people stabilize their own lives, not the market, and only when life is stable is it possible to hold Bitcoin long-term.

people mustn't be a billionaire or have everything in place before bitcoin investing can start. People can start so long they have discretionary income and common sense to figure when to scale up or scale down based on what can be afforded at that time.

As far as any of us is concerned, no other investment comes close to bitcoin, as bitcoin sits at the top of all other backup asset that anyone can have, so it would only mean retardedness for people to postpone bitcoin just so they can stack other assets.

[JayJuanGee]

Bitcoin investment with DCA strategy second name na money for hand if you no get money for DCA to de buy and accumulate na im be say matter don caste be dat because na money you go take buy and sustain di strategy. Dis na why we no supposed to relax for our money matter, if you de struggle with your income wey be say you no get discretionary funds make you know say na time bomb you. If emergency happen you don turn to beggar be dat so no be only because of Bitcoin investment matter we suppose get multiple sources of income e de good for our peace of mind and security.

I will first of all urge you to do more to write in English the more on this thread because sir jayjuangee usually comes to this thread, since he might not be conversant with our local pigin, and he may not understand what you are saying.

Pidgin is a part of us. This is a Local Board pidgins are allowed. Kelward pidgin is comprehensible even for Mister Jay.

Yep.  You should write however, you feel comfortable, and if I make a misunderstanding then hopefully someone will say something in regards to my interpretation... I think that Local boards are meant to attempt to get anyone to be able to participate in the native language.. so I don't really want to interfere with that.

Your backup funds and emergency funds will determine how successful you will be in bitcoin.

You said backup and emergency funds like they are in two different category, and someone could easily get confused and think that there is a difference amongst them.
For lucidity sake, Emergency fund is a division that falls under backup funds.

Backup money is splitted to three- Reserve funds, Emergency funds and float.

If a person is new to investing and also new to building up his various back up funds, it may take him a bit of time before he will start to segregate the funds into the different categories, and even start to treat the emergency funds as a category that should not be touched absent an actual emergency, yet at the same time, if a person has absolutely spent all of his various back up funds, and he still has two more weeks before he gets paid, then any basic (and necessary) expense that comes in would end up being an emergency, so whatever money is left would have to be used to address the matter, especially if the person is also attempting to avoid tapping into his bitcoin, whether the bitcoin is in profits or in the negative, tapping into the bitcoin, could result in unnecessary set backs.. yet some guys might end up putting themselves into such a situation, if they have two more weeks before they get paid, and they had invested $2k into bitcoin, yet they ONLY have $200 in various back up funds. So then if they have any kind of an expense that comes up that goes beyond $200 then they are totally fucked, because they would ONLY have their bitcoin remaining to tap into.. and likely contributing to their own unnecessary stress by their failure/refusal to keep enough back up funds, whether they call it back up funds, emergency, reserves or float.. it does not matter because they have no money left, and they fucked up by even letting their finances get to such a level...

and yeah, sometimes they might not have had purposefully allowed their back up funds to get to such a low level, yet if the guy has something like $1k per month of expenses, and if he had been investing in bitcoin for several months, for some reason he ended up emphasizing his bitcoin investment and not keeping enough back up funds, so he ends up contributing to his own lack of progress when he has to tap into his bitcoin at a time that is completely not convenient... and sometimes guys don't even realize the levl of the risk and/or negligence they are engaging in regarding their own finances and the own level of urgency that should start to be felt if the various back up funds are getting overly deleted, and perhaps had been used for various expenses (or bitcoin investing) that had not been urgent or even within their ability to carry out because they did not have enough money to be spending their money in the ways that they had chosen, so then when the time comes when no more money is left, then there is no way for the person to go back in time and to fix his earlier mistakes that he might have made several weeks earlier and maybe he even made several of the mistakes several months earlier by choosing to invest into bitcoin when he did not have enough back up funds on hand to cover various unexpected loss of income and/or increases in basic expenses that could end up happening..

[Futurexxx]

It is not backup funds that should be used for bitcoin investment but rather it is discretionary income that should be used for accumulating bitcoin. Not having a backup funds should not be a reason for not buying bitcoin. Moreover some percentage of discretionary income can be set aside to act as backup funds while the remaining percentage can be used to buy bitcoin. Not having backup funds shouldn't be the reason why anyone should wait before they start buying bitcoin.

Back funds like emergency fund shouldn't be invested in bitcoin. back fund we can used to invest in bitcoin is a reserve fund and not an emergency fund. Emergency fund is set aside to address emergencies therefore it is wrong to invest it in bitcoin as that would be gambling. An Emergency fund is kept should incase of emergencies but if it is invested in bitcoin and emergency struck,it may push you to sell your bitcoin even at loss. Bitcoin is bought using discretionary income and emergency fund is build using discretionary income. As long they have discretionary income,they can invest in bitcoin and building their emergency fund simultaneously.

Yes, I agree to everything you said here because you are actually spot on.
Investing in Bitcoin with your emergency funds is pure gambling because you are putting your Bitcoin holdings at risk, and if in any case emergency struck  that moment or within that period of time you use it to buy and accumulate Bitcoin, you will definitely sell off or sell part of your Bitcoin holdings, since emergencies is what you can't overlook, so it's a wrong idea entirely to invest with your emergency funds that are meant for real life emergencies.

[Olatundespo]

It is not backup funds that should be used for bitcoin investment but rather it is discretionary income that should be used for accumulating bitcoin. Not having a backup funds should not be a reason for not buying bitcoin. Moreover some percentage of discretionary income can be set aside to act as backup funds while the remaining percentage can be used to buy bitcoin. Not having backup funds shouldn't be the reason why anyone should wait before they start buying bitcoin.

Back funds like emergency fund shouldn't be invested in bitcoin. back fund we can used to invest in bitcoin is a reserve fund and not an emergency fund. Emergency fund is set aside to address emergencies therefore it is wrong to invest it in bitcoin as that would be gambling. An Emergency fund is kept should incase of emergencies but if it is invested in bitcoin and emergency struck,it may push you to sell your bitcoin even at loss. Bitcoin is bought using discretionary income and emergency fund is build using discretionary income. As long they have discretionary income,they can invest in bitcoin and building their emergency fund simultaneously.

Yes, I agree to everything you said here because you are actually spot on.
Investing in Bitcoin with your emergency funds is pure gambling because you are putting your Bitcoin holdings at risk, and if in any case emergency struck  that moment or within that period of time you use it to buy and accumulate Bitcoin, you will definitely sell off or sell part of your Bitcoin holdings, since emergencies is what you can't overlook, so it's a wrong idea entirely to invest with your emergency funds that are meant for real life emergencies.

You should always be aware of the risks while investing. Although the risk is relatively low when investing in Bitcoin, you should be prepared for any unexpected emergency situation due to any price drop. Suppose you are investing in Bitcoin and doing DCA regularly but the price may suddenly drop. In this situation, investing can make you fearful. If you have an emergency fund, you will not be afraid even when the price of Bitcoin drops because you have discretionary income and funds for emergency needs.
Buying Bitcoin with funds kept for household expenses is a risk. In addition buying with emergency funds is also risky because the Bitcoin market does not give you advance predictions.

[Cgrexp]

It is not backup funds that should be used for bitcoin investment but rather it is discretionary income that should be used for accumulating bitcoin. Not having a backup funds should not be a reason for not buying bitcoin. Moreover some percentage of discretionary income can be set aside to act as backup funds while the remaining percentage can be used to buy bitcoin. Not having backup funds shouldn't be the reason why anyone should wait before they start buying bitcoin.

Back funds like emergency fund shouldn't be invested in bitcoin. back fund we can used to invest in bitcoin is a reserve fund and not an emergency fund. Emergency fund is set aside to address emergencies therefore it is wrong to invest it in bitcoin as that would be gambling. An Emergency fund is kept should incase of emergencies but if it is invested in bitcoin and emergency struck,it may push you to sell your bitcoin even at loss. Bitcoin is bought using discretionary income and emergency fund is build using discretionary income. As long they have discretionary income,they can invest in bitcoin and building their emergency fund simultaneously.

Yes, I agree to everything you said here because you are actually spot on.
Investing in Bitcoin with your emergency funds is pure gambling because you are putting your Bitcoin holdings at risk, and if in any case emergency struck  that moment or within that period of time you use it to buy and accumulate Bitcoin, you will definitely sell off or sell part of your Bitcoin holdings, since emergencies is what you can't overlook, so it's a wrong idea entirely to invest with your emergency funds that are meant for real life emergencies.

You should always be aware of the risks while investing. Although the risk is relatively low when investing in Bitcoin, you should be prepared for any unexpected emergency situation due to any price drop. Suppose you are investing in Bitcoin and doing DCA regularly but the price may suddenly drop. In this situation, investing can make you fearful. If you have an emergency fund, you will not be afraid even when the price of Bitcoin drops because you have discretionary income and funds for emergency needs.
Buying Bitcoin with funds kept for household expenses is a risk. In addition buying with emergency funds is also risky because the Bitcoin market does not give you advance predictions.

For beginners, setting up a regular DCA once a week or more can be more effective. Planning for dips can take a lot of time and energy, which may or may not happen at all, and many beginners don’t have much extra money, so it makes sense to buy regularly instead of dividing the funds and holding onto money. Many people are drawn to buying dips but this can reduce the focus on regular, consistent, and even aggressive buying. Aggressive buying should be based on strong financial conditions, not on the idea of ​​BTC price fluctuations. Buying dips can feel good, but I am not a fan of changing buying behavior or aggressiveness based on the idea of ​​BTC price moving up, down, or sideways.

[Merit.s]

Planning for dips can take a lot of time and energy, which may or may not happen at all, and many beginners don’t have much extra money, so it makes sense to buy regularly instead of dividing the funds and holding onto money.

To plan for the dip doesn't mean that you must wait for the dip before buying. You have to keep your weekly DCA ongoing persistently and consistently while, you build up your reserve funds for the dip so that, whenever there's a dip, you can take advantage of the dip and buy more bitcoin.

One of the major reason why I love having a reserve funds available is not to buy only at the dip. Reserve funds has other purposes. If you have a reserve funds available and you are hit with a real life emergency, you can start using from your reserve funds till it finishes before you tap into your emergency funds. It's good to have such funds that's flexible for various purposes.

Many people are drawn to buying dips but this can reduce the focus on regular, consistent, and even aggressive buying. Aggressive buying should be based on strong financial conditions, not on the idea of ​​BTC price fluctuations. Buying dips can feel good, but I am not a fan of changing buying behavior or aggressiveness based on the idea of ​​BTC price moving up, down, or sideways.

It's when you are waiting to buy only at the dip that it would lead to inconsistent purchase of bitcoin.

However, buying aggressively doesn't mean that you need to have a strong financial income. You can invest aggressively, without a strong financial condition. This is where some investors gets it wrong and miss the opportunity to invest aggressively when they can. If you have a discretionary income of $50, you can put $40 into bitcoin and use $10 for your discretionary consumption since your backup funds are already on ground.

[GIF-JOBS]

Some investors may be confused about the availability of backup funds before investing in Bitcoin. But the point is that you will not start accumulation Bitcoin with the entire fund you have. You should never use the entire fund you have at the time of investment. Some advise having sufficient funds from the beginning, but since Bitcoin is a volatile asset the possibility of a price increase at any time is very high. You should start investing in Bitcoin before the price increases significantly. If you do not have a backup fund available, start accumulate Bitcoin and gradually saving a backup fund. The purpose of this fund is to continue long term Bitcoin accumulation without withdrawing holdings in case of emergency during the Bitcoin investment period.

Before a person starts building an emergency fund or a backup fund, it is necessary to start investing in Bitcoin as the first priority. After starting investing, a person can build an emergency fund along with investing. Investing and building an emergency fund can be done in parallel. You can invest some of your discretionary income and use some of it to build an emergency fund. It is not wise to invest the entire amount of your discretionary income as an emergency fund and invest it. Discretionary income can be divided into three levels, such as 30% can be invested and 20% can be kept for an emergency fund and the remaining 50% can be kept by yourself or in the bank, (or you can build it depending on your financial situation).

If you do not have a backup fund available, start accumulate Bitcoin and gradually saving a backup fund.

It is never possible to say when the price of Bitcoin will increase. Therefore, a Bitcoin investor needs to focus on building their portfolio without worrying about the price, or continue to invest consistently. However, it would be better for you if you prioritize building an emergency fund before building a backup fund. Because a backup fund is usually built as a second layer of security, and an emergency fund is a first layer of security. So we need to prioritize building an emergency fund first.

In the case of DCA, it does not have to be tied to a specific amount or time frame. The key is consistency, but this consistency does not need to be strictly measured in terms of amount or time. For example, it can be adjusted based on an investor's income situation and percentage of available funds. Some weeks he may invest more, while in other weeks or months he may exclude investments due to other expenses or personal circumstances. This flexibility of consistency can be used correctly. For example, an individual may follow a permanent rule that he will invest up to 75% of his available funds in Bitcoin on the accounting day.

Accounting can be done on the payment day, on a specific day each week, or according to a strategy that he himself has determined. Such a system provides flexibility in the investment plan and helps to adapt to the investor's personal circumstances. It is conceivable that even if there is some irregularity in the amount or frequency of purchases, it can still be included in DCA. For example, someone may do DCA continuously for several months, then take a break due to excessive expenses or distractions, and then start again later.

This type of "incomplete" DCA is still considered a valid form of DCA, as the investor's purchases are based on their available funds and income, and are not subject to market price fluctuations. While the price of Bitcoin can sometimes affect our purchases, the basic idea is that the main purpose of DCA is to continue to make purchases regularly and consistently, to the best of our ability.

[Barikui1]

For beginners, setting up a regular DCA once a week or more can be more effective. Planning for dips can take a lot of time and energy, which may or may not happen at all, and many beginners don’t have much extra money, so it makes sense to buy regularly instead of dividing the funds and holding onto money. Many people are drawn to buying dips but this can reduce the focus on regular, consistent, and even aggressive buying. Aggressive buying should be based on strong financial conditions, not on the idea of ​​BTC price fluctuations. Buying dips can feel good, but I am not a fan of changing buying behavior or aggressiveness based on the idea of ​​BTC price moving up, down, or sideways.

I don't really think that keeps an amount to buy aggressively during the dip should be an issue if you are really setting aside a reserve funds from your discretionary income, because that reserve funds is what is needed to buy aggressively when their is a dip in the market. You don't have to make it tedious or do it in a way that it will affect your accumulation or your financial state, just a little percentage of your discretionary income consistently will be enough to make it happen.

[Rockson1]

Back funds like emergency fund shouldn't be invested in bitcoin. back fund we can used to invest in bitcoin is a reserve fund and not an emergency fund. Emergency fund is set aside to address emergencies therefore it is wrong to invest it in bitcoin as that would be gambling. An Emergency fund is kept should incase of emergencies but if it is invested in bitcoin and emergency struck,it may push you to sell your bitcoin even at loss. Bitcoin is bought using discretionary income and emergency fund is build using discretionary income. As long they have discretionary income,they can invest in bitcoin and building their emergency fund simultaneously.

The problem with some people is that they fail to understand how Bitcoin investment should be followed, emergency funds are strictly for what they are meant for not for investment, why can't they ask themselves if they invest with their emergency funds, what happens when emergency arises, it means they will definitely have no option left than to fall back to their Bitcoin investment as an alternative to solve their immediate problem which is not the right way to go about Bitcoin investment, emergency funds helps investment to invest without thinking otherwise, as humans emergency is something we do not pray for neither can we prevent them from occurring, but we should not fail to prepare for them, by preparing for them, we can build them along with our investment just as you said too.