Truly in every investment general there is always a need for other means of savings which could be known as emergency funds or reserve funds, although they are both two different things but sometimes can be substitute for each other, so actually in terms of Bitcoin investment emergency funds plays a very vital role because is actually one of the determining factor of your investment success because if there is an emergency funds there is no way any unforseen need will stand as a barrier on your investment because you already have other funds that will take care of those needs. Actually this has been one of the challenges most investors are facing because they always get overwhelmed by there investment and forgetting the things that should be put in place in other for there investment to stay strong such as the emergency funds.
Emergency fund is very important when it comes to saving. Emergency funds help you stretch your savings seamlessly. It is very important to create a fund to save for investing in Bitcoin, so that you can use it in times of danger or emergency and your savings do not suffer any loss. You can divide your income into 4 parts.You can use one part for your family, second part for yourself, third part for your emergency fund and fourth part for investments. This method may help you maximize your savings.