Quote from: michellee on April 23, 2024, 12:16:12 PM

Quote from: Obim34 on April 23, 2024, 09:50:19 AM

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 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.

This happens to investors who don't take the proper steps before they start accumulating bitcoin. Investors should always make provisions for emergency funds that will allow them to solve any unforeseen problems at any time. Secondly, we shouldn't invest all of our money in bitcoin so that we can have enough money left to cover our expenses, and we will not depend on our bitcoin to solve our problems.