Emergency funds are not for buying BTC.. it is to use in case your income dries up or your expenses increase to higher than your income.. so that you do not have to sell any of your BTC...
You can hold money in reserves for buying BTC on dips and also for buying when your income fluctuates. There are a lot of strategies to structure these kinds of matters, yet usually the better of strategies is to ongoingly buy BTC on a regular basis using DCA, and yeah you can supplement your strategy with the other techniques, but you might not want to overly think the matter, especially if you are in your early stages of BTC accumulation, you likely should just be regularly accumulating, but you still have to figure for yourself how much of a budget you can make for regular buying and if you want to hold some of your money in reserves for buying on dips.
This is damn impacting , breaking down in a way even some one new to this space would get it once . Now those that normally mistake emergency funds for reserve would get the difference now. Where most people missed it is that whenever there's decrease in price one would take as an opportunity of using lump-sum strategy to buy the dip using their emergency funds instead of having a reserve funds for such occasion. Which may lead to one not able to meetup with his expenses and endup developing the habit of tampering with their investment, I've already Started reserving some funds already, but I always make my emergency to be more than my reserve funds, without letting it affect my DCAing .
You getting it now complicated, kindly rephrase and draft out what you are trying to put out. Emergency funds are money kept aside for unforseen circumstances that may arise, maybe health issues, emergency family bills or one thing that we may not probably think of, it just happens unexpectedly. Reserve funds are left over funds aside every other necessary expenses being carried out, the essence of holding reserve funds could have already been determined unlike emergency funds.
Ordinary investors deposit shitcoins in the bank for a fixed period of time and got 5% profit on principle amount.... is it sufficient ? But what if we were to invest in bitcoin! How profitable it would have been ! Actually there are many people around me who are investing in shitcoins.
I wonder why you would even consider or compare Shitcoins with Bitcoin, however one thing you most understand is that Bitcoin is not a get rich quick investment because like every other normal business investment it has to do with long term process with a lot of patients and consistency and at the end you will see the reason why is good to hold Bitcoin, so I would strongly advise that if your main purpose of investment is the possible profits you could get within a certain period of time you should have a really deep thoughts about it because the possibility of getting what you want on Bitcoin within the certain period may likely not going to be certain. However if you check very well the only people who still choose Shitcoins are people whom there only goal is to become rich overnight without knowing that investing on Shitcoins is like a gambling that you are not sure of what the outcome will be, so it surprises me to see that most people are preferring Shitcoins when they know that so many people has falling a victim of Shitcoins, well my only advice is that asides from the possible profits we may realize in Bitcoin after holding it remains the most trusted coin and can never be compared with any other coins, so in terms of investment Bitcoin is the best.
Shit coins shouldn't really be compared to bitcoin, and that's incorrect. It seems like this: do we think that a lawyer will be allowed to debate with a non-lawyer? He won't agree because he's not at the same level as the one who can debate, right? It seems that in boxing, the person who will fight him will be beaten immediately, even if he has not punched yet.
Same with Bitcoin vs. Shit coins. The problem with others is that even those that are not shit coins are said to be shit coins. It seems that they are all in, which is not correct either; instead, identify which are the shit coins that are being said and not all of them.
I do not encourage going off the exert topic and we should already be aware not comparing Bitcoin to Shitcoin, it's useless and a waste of resourceful time.