Quote from: Obim34 on Today at 02:43:33 PM

Quote from: avp2306 on Today at 01:06:42 PM

Quote from: Mayor of ogba on Today at 12:42:42 PM

The example I gave in my post above is clear for you to know that a delay in someone's weekly or monthly salary payment is a good emergency that will make that person use his emergency fund to cover up until the person receives his salary. For instance, you used to receive your monthly payment at the end of each month, but something happened at the place of your work, and you got paid on the 10th of the new month. You will have no choice but to use your emergency fund to sort out your bills because you never expected that your salary payment would be delayed.

I understand your point regarding on that situation but actually the emergency fund should be the less option to be chosen by some individuals since they might doing the wrong thing on their investment since once they touch that funds for sure every time you think you want to buy something you will always resort to take that money and use it for unwanted things. That's why its better to forget about the emergency funds and always use your extra funds on investment. If there's a delay of salary will occur then delay your investment because there's no race on accumulating of bitcoin since any time you can buy this whenever you have funds to use. We always have a choice and for sure salary will not be delayed for months since usually the delay only take for few days so with that there's no really point to use our emergency fund just to buy bitcoin.

Emergency funds are important, do not talk of it as less important, we should know when the urgency of resolving an emergency happens, what pops to the mind is to sell off ones investment and your attention may not go for watching the price if it's lower or higher than what was used to enter the market and this will cost losing ones accumulated portfolio that should have been avoided by simply keeping aside both emergency funds and that of the reserve funds.

Read again my post if I said something emergency funds is less important. Maybe you read it faster that's why you got confuse and post wrong regarding on my statement.

What I'm pointing out when I quote Mayor of ogba is Emergency funds should be the less option he should take when finding some money to invest since its very wrong to use it immediate investment just like what he said he will use it when there's a salary delayed and he will grab his emergency funds to invest it on bitcoin.

Emergency funds should be prioritize to have since this could save you if everything on your side will fuck up especially when you are facing financial troubles in future since this could save your ass in this situation.