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.
Investing all your entire wealth on bitcoin is a bad investment strategy, because for you to be successful in your bitcoin journey. you don't need to invest all your wealth on bitcoin without having an emerfency funds to back you up when an emergency arise and it will make you to go and sell your bitcoin to take care of your emergency, which has terminated the purpose of increasing your investment, and long term hodli,
Anyone who invested his or her whole fund in Bitcoin without making a provision for an emergency fund will not only reduce his or her bitcoin holding because he or she sold a fraction of his bitcoin to settle his financial needs but will completely miss out on holding a bitcoin because he or she will continue to sell his bitcoin holding to survive since there was no provision for an emergency fund. If you are investing in bitcoin, use 10% of your salary to accumulate your bitcoin weekly or monthly with the DCA strategy so that you can make provisions for an emergency fund that will take care of your financial needs, so that you will not depend on your bitcoin investment to sort your financial needs out.
I have discussed such topics before :-
https://bitcointalk.org/index.php?topic=5477689.msg63566680#msg63566680Of course, we should not invest the entire fund, problems may arise at any time, and leave some cash to solve those problems. Because bitcoin holdings must be for the long term. If you sell your Bitcoin holdings because you don't have an emergency fund in place, you could lose more. It is best to invest in DCA method. If he invests 10 to 20% of his income every month in Bitcoin by DCA method, he can easily fulfill his dream. So then, you never have to close your Bitcoin holdings and you can solve your emergency problems and live very well.