For real the role of emergency funds cannot be neglected for if we really want to hold out bitcoin for long because we do not want a case where circumstances might arise and need to tamper with our future investment becomes an option. But as we also preach about the importance of emergency funds, I think its also important for us to talk about discipline and self control as we pursue or long term holding dream or aspirations, I came across a thread where someone said that he used his money that he was supposed to use to invest in bitcoin to buy a game, while many might think of this action as absurd, we should recognise the fact that our last for pleasure can also become a hindrance to our Bitcoin accumulation and only by exerting discipline can we reach certain heights as bitcoin holders.

Considering a situation where by a person lacks self control and maybe decides to sell his bitcoin holdings to buy something of luxury when he hasn't built any large portion of bitcoin stash or maybe a newbie investor that started investing with large capital and felt over allocated and just decides to sell his holdings probably because of a little profit on his portfolio to buy a want. So I also think several things could be distractions to us and also hider us from accumulating enough bitcoin as newbies.