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Money is a very valuable thing in our life. Everyone has to work hard enough to earn money, very easy but never money. Since it is difficult to make money, it is natural for an investor to think about it when he invests that money. If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place. Those who have prior knowledge of investing may not worry so much after investing but this problem is more common among those who are new to investing. In
I disagree with you on this it is never a good idea for any investor to invest all his entire money , if you invest all your entire money you will be left with nothing and that is gambling with your investment and this will increase emotional instability when there is a downward trend in the market you need to save some part of your money to enable you grow your asset and reach your specific goals.
As an investor that has planed a long term portfolio, if you don't want to be distracted or wanting to withdraw from your invest due to needs that may arise in the long run, it is a duty for you to either has extra income or keep some portion of your existing income in other to savage such unforeseen situation when it comes, this digital asset investment does not have a definite price, no matter your target, you follow the instructions in other not to derail in the process, that's the foundational knowledge is required for every bitcoiner, just imagine if an investor, invest all his money, how will he eat, what about basic needs, that's to say such investor does not understand bitcoin, if not wouldn't think this way, as a matter of fact, every interested investor in bitcoin should invest what he can afford to let go, don't be in pressure, just keep DCA strategy alive, slow and steady.
That's how important to have emergency funds since you will never think about touching your bitcoin holdings once you have that since you are fully prepared regarding on investment you wanna take especially for long term purposes.
That's why before thinking to invest much really better if you know your financial capabilities since you will never succeed if you just have small funds on hand and don't have any back up since if some scenario will came which we don't expect then it cause a decline of our investment for sure we get panic on that situation then might lead for us to think dumping all the coins we have since we don't have anything left to spend.
So proper preparation is important so that we can fulfill our plans and can make our DCA strategy or long term holding became more efficient or successful.