Quote from: whizter on June 23, 2017, 07:32:35 PM

Quote from: Kevin77 on June 23, 2017, 06:06:32 PM

Quote from: mrcash02 on June 22, 2017, 12:17:49 AM

Quote from: Superways on June 21, 2017, 11:37:20 PM

Quote from: Siren on June 18, 2017, 05:09:34 PM

Quote from: gabmen on June 18, 2017, 01:01:22 PM

Quote from: Shutup on June 18, 2017, 10:30:55 AM

I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof that BTC makes changes especially in home finance that the stage of my life be level up.

At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet.

That's why its is important to invest only an amount that you can afford to lose. So you don't have to bother to sell it if an emergency has arises. As for me, I just invest just a portion every time I can. And not invest to big because it certain situation, I will not have to sell it. Just saying.

Keeping some money for emergency is better for those people who cannot withdraw immediately while those people who can withdraw immediately like who have their bitcoin debit cards then they will have to invest their money in bitcoin. As with bitcoin debit card they can cash their bitcoin within a minute from any ATM.

Even they can withdraw anytime, having the Bitcoin debit card, it's not a good idea. Because we don't know when emergencies will happen, what means it can happen while the BTC price is cheaper than the moment you bought it. So you will lose money by converting it to fiat on that moment. Emergency money should still continue in fiat, it's safer. Just sell BTC more expensive than you bought.

Yes, it is good to keep the emergency money into the fiat and to be honest the emergency money means that it should be something kept in the local currency so that it works immediately. If in case of emergency you go and look for the ATM booth to withdraw money from it then I am scared it is not something you are talking about emergency because emergency needs immediate response.

in fact some people invest everything they have in business and do not left anything with them. and when they need it they have noting left. then they try to get loan from his friend or from bank. and some time even he sell something precious he has with a cheap price. so it is most important that we must keep some money in cash so that when we need it in emergency we can use without any problem and do not feel the need to take loan from some person or from bank, or to sell anything precious for getting money.

That is why it is recommended that we should go by systematic way of investing like what ever you are earning keep 50% and balance you can invest it, so that in emergency time the 50% will be used to full fil the emergency problem and the investment option will be getting no trouble.