Don’t keep your emergency funds in bitcoin.

[JimaGod]

Emergency funds should be kept in fiat currency for easy reach when an emergency hits you. You don't need to invest your emergency funds because it's a backup to your bitcoin investment and you don't know when emergency will occur. Therefore, you need to be ready for emergency at all time even though, you know it may come or not. My emergency funds is in USD since Naira is depreciates over USD.

Who in his right state of mind would want to keep his or her emergency funds in bitcoin? It makes completely no sense and please the person should enlighten me on how he or she plans to withdraw such funds when there's emergency? I don't seem to understand the process of storing emergency funds in bitcoin which we know it can be very volatile in the market. I'm never going to give a second thought about keeping anything called emergency funds in bitcoin because the end part doesn't always suit anyone. Learned to make good earnings and also convert your emergency funds to fiat currency which can be very common and swift.

[Barikui1]

I was saving my  emergency funds on my bank, however since I have not touched it for a very long time because I had no emergency, I felt that I needed to make the money grow so I decided to invest it in bitcoin since I have not even touched it for a long time after investing it in bitcoin, a month later I had an emergency and at that time there was a dip in bitcoin that reduced my money and I had to borrow money to add to it so I can solve the emergency that came up.
Keep your emergency funds on your bank account don’t keep it on bitcoin.

This is one mistake most people make on a daily basis, you don't invest your emergency funds no matter what, it's strictly meant for emergencies, because if you invest with your emergency funds, and in that moment emergency struck, you will likely temper with your holdings or sell at a loss just to address that emergency situation at hand.
Additional, once you start investing with your emergency funds, you are now gambling with your Bitcoin holdings since you are putting your Bitcoin holdings in a vulnerable state.

Finally, holding your emergency funds only in a bank is not ideal, because if your bank lock you out when you need the cash badly to address an emergency situation, your investment is doomed, so I advice you spread your emergency funds across two different banks and keep some few cash at hand that can protect your bitcoin investment just in case, both of your banks lock you out the most important moments you need the cash.

[Hardyrobust]

I was saving my  emergency funds on my bank, however since I have not touched it for a very long time because I had no emergency, I felt that I needed to make the money grow so I decided to invest it in bitcoin since I have not even touched it for a long time after investing it in bitcoin, a month later I had an emergency and at that time there was a dip in bitcoin that reduced my money and I had to borrow money to add to it so I can solve the emergency that came up.
Keep your emergency funds on your bank account don’t keep it on bitcoin.

This is one mistake most people make on a daily basis, you don't invest your emergency funds no matter what, it's strictly meant for emergencies, because if you invest with your emergency funds, and in that moment emergency struck, you will likely temper with your holdings or sell at a loss just to address that emergency situation at hand.
Additional, once you start investing with your emergency funds, you are now gambling with your Bitcoin holdings since you are putting your Bitcoin holdings in a vulnerable state.

Finally, holding your emergency funds only in a bank is not ideal, because if your bank lock you out when you need the cash badly to address an emergency situation, your investment is doomed, so I advice you spread your emergency funds across two different banks and keep some few cash at hand that can protect your bitcoin investment just in case, both of your banks lock you out the most important moments you need the cash.

it is a mistake to invest in bitcoin using an emergency funds. There are people that make this kind of mistake, they think leaving there funds in there local currency that inflation will eat it up, for this reason they think investing it is the right thing. One thing about emergency is that , it can't be predicted when it may happen in the future. Using emergency funds to invest in bitcoin is a big mistake as an emergency may occur when bitcoin is in bearish season and selling at this point in other to attend to the situation maybe leaving us at loss. Moreover, emergency funds should always be liquid such that it can easily be accessible when needed.