It seems that the more poor you are (and the fewer the investments that you have), the more important it is to both establish an emergency fund and also to maintain that emergency fund in cash rather than in any other assets.
Yes, that's basically factual because, there's no diversification in income streams to be able to fund the establishment of investments. Emergency funds as it were shouldn't be on assets form as they could suffer value fluctuation,and sometimes won't be the actual value you've set for emergency, and you cannot even predict the scale of the emergency.
I think that the longer that anyone invests, the more and more comfort that he should have about having had built various systems to protect his investment, but surely one of the problems becomes that sometimes people will start to unnecessarily take extra risks with some of their investment and not protecting themselves as much as they should, and surely there can be points in which your holdings are more vulnerable than others
Well, most extra (unnecessary)risks that people take in their investments, like you said earlier I'm previous posts, is having a lot more than 10% holdings in shitcoins, and is obviously a waste of percentage that could be put in Bitcoin investment.
Investing in shitcoins long term is foolish, never make that mistake Bitcoin is trustworthy as far as possible If you invest $100 $100 you invest in Bitcoin. Then you can benefit the most, because long-term investment in bitcoins will certainly reap benefits. And if you can't then start saving bitcoins in DCA method. Of course you invest in bitcoins success is sure to come but you have to be patient.