Majority of new investors come into the space, only focusing om building their Bitcoin portfolio, but not many of them even consider protecting it. The truth is long term accumulation is incomplete without having a safety net which protects and ensures that you wouldn't be pressured to sell off when you don't plan to. Life is indeed full of emergency which doesn't give any kind of warning sign before it shows up, and if you do not have money set aside to deal with it, you will be forced to tamper with you bitcoin possibly at a wrong time. And this is how people in just a day, destroy their years of patience and steady accumulaion.
This is why investors really need to build an emergency fund, as it's helps keep your Bitcoin plan safe, by keeping folks calm during any emergency situations, coz you know that you have something to make use of. The beauty of emergency funds is that you don't really need to be aggressive about itz, you can slowly build it within you own pace to cover at least 3 - 6 months of your living expenses. Emergency funds are built from our discretionary income, but that doesn't mean that it is wise to invest with it. Infact it is and should remain that untouched fund which should be dedicated to only one purpose only, which is handling of emergency life situations.
Without to read all of your post, watin I need to talk here be say emergency funds nah I e of the most important things way new or old investors need to get before them start to dey invest for Bitcoin so that them go fit invest for long term. If investors no get emergency funds them no go fit invest for long term because when emergency occurs them go run to their Bitcoin portfolio then sell part of their coins without thinking two times. Because of emergency situations, many investors dey sell their coin at lose and e no make sense. This nah something way we dey always talk about for here.
