Wether they take quick profits or not Bitcoin still remains, it's all by choice and how we view from our perspective, each investor knows what's suitable and good for him because the needed funds used to invest was raised by him, despite all these happening, we only just advise investors to purchase/ keep on purchasing Bitcoin, restrain from selling and continue to hold for the long run in order to maximize the profits and store this wealth for a longer time.
Emergency funds are compulsory units in the process of accumulating Bitcoin that should not be neglected, life is full of unforseen circumstances that may come either at the appropriate time when funds is surplus or not, during this point in time a persons emergency funds will step in to resolve that issue instead of altering one's investment portfolio just to solve the need.
But unfortunately, not many Bitcoin investors can determine when they will take their profits. Many of them cannot wait patiently for the price of Bitcoin to increase very high. Most of them are still consumed by the issues raised by unclear news.
They will panic and make decisions without thinking twice. They cannot find more information about the situation that is happening so that they make instant decisions. For those who can still be patient, they can see when they can sell their Bitcoin and take the profit.
For emergency funds, it is best to separate it from investing in Bitcoin so that it does not interfere with our investment plans. But there are also investors who use some of their Bitcoin to meet their emergency needs because their emergency funds cannot cover them. This is understandable because we often experience emergency needs that we must fulfill immediately.
The pursuit of uncleared news is becoming excess and it can easily lead to higher expectations. What I meant by higher expectations is just different way everyone view bitcoin investment so I can't view same price as my friend or colleague but the moment I get convinced with their expectation or news I might get carried away but what if this expectation never happen, I might feel emotional and angry as well. From my perspective everyone should stay away from social news concerning bitcoin it's best we watch, observe and learn more to avoid false narrative. Taking out profit is a stage in bitcoin investment when an investor has reached he/her target
The part you made mentioned of emergency funds seems complicated to my understanding, I have never seen any situation when an emergency fund including bitcoin investment is use to settle needs or emergency case. It's obvious when there's no emergency funds an investor will go for their bitcoin investment that's why it's advisable for an investor to plan including emergency funds. I think in such situation that consume emergency funds and bitcoin investment the investor just started their journey saving emergency funds. Personally no investor should start their bitcoin journey without an emergency funds along side to support, this are expensive mistakes that can affect an investment journey.