A lot of people especially my follow newbies have already started there Bitcoin accumulation journey before having the idea of securing there Bitcoin investment by having a backup funds such as emergency, reserve and/or float funds and they are now confused on what to do and to be honest I was among this category of people, some people immediately they get this knowledge or idea they pause there Bitcoin accumulation and start building there back up funds also known as emergency, reserve and/or float funds and is okay, but one can still be building his Bitcoin investment and also his back up funds at same time, the only thing he needs to do is cut the percentage he was investing on his Bitcoin and then channel some to his back up funds.
It depends on the method of Bitcoin such investor adopts because not all method will require a momentary purse in the accumulation process. If it is the investor is using buying the dips and lump sum, then it will be possible to purse until their is enough liquidity within his system before he continue. But for someone using the DCA method, he would have already made his calculations base on his income to accommodate the Bitcoin collection while there is already reservation for the emergency funds. Holding the Bitcoin depend largely on if the concept pf emergency fund is in place and using the DCA method helps because it does not create any form of pressure on the investor. I strongly recommend the DCA method for new investors like you because it eliminate most of the problems you might face.
You are right but someone using the DCA strategy still needs to have emergency, reserves and float funds also known as the Backup funds reasoning that one can have an emergency or problem that will be more than your salary it will those backups funds that will help you not to dip hands into your Bitcoin investment.
I'm using the DCA strategy but I still have my backup funds and am also building it along side with my Bitcoin, yes the DCA strategy is very nice and it gives one freedom but you still need to have a backup funds to secure your investment because you never can tell what will happen, I had a story in this forum were a man using the DCA strategy had an emergency that made him dip hands into his Bitcoin investment because he did not have a backup funds. Now that Bitcoin is in dip any one using the DCA strategy with a strong reverse funds also known as backup funds can use it to accumulate enough Bitcoin.
So even if you are using the DCA strategy like I'm doing is still very necessary to build a strong backup funds if you don't want to be in a situation that will make you dip hands into your Bitcoin investment in future.