Quote from: Jaycoinz on July 05, 2024, 09:05:37 AM

Quote from: Amicablecrypto on June 24, 2024, 09:46:29 PM

Reserve funds serve for all purpose and act as a safety net for unanticipated circumstances, when you are building your Bitcoin investment is proper you have a reserve funds. However to correct something reserve funds don't have a especially place or circumstance to use it for any unanticipated circumstances that comes up you can you your reserve funds to handle it, it could be for fun for example you are to attend a birthday party and you need money so you can use it to buy drinks and other things you can dip hands into your reserve funds for that, reverse funds is different from emergency funds emergency funds are only for emergencies purposes so let no the difference and it's always advised to have a strong emergency, reserves and float funds in other to make your Bitcoin accumulation journey a successful one because without all this funds in place you will be tempted to dip hands into your Bitcoin investment.

Whatever the type of funds be it reserve, emergency or float funds, the aspect of all these is so that over investment are secure and safe from selling and re-buying because if you are always tempering with your investment their is a high tendency that you end up scattering the whole investment and spending all the money on things that you didn't plan for and that's why it's paramount to have scheduled all these spare funds to atleast have a good Bitcoin holdings.

Yeah, the main reasons for keeping reserve funds is because in time of minor needs of cash you will take from it and settle anything that needs money to be settled. The purpose of investing is not to use it ASAP, it's a thing that ment for future purpose. However, misconceptions made few people to not get quality knowledge of investment, no matter what one knows about Bitcoin investment, if he doesn't have reserve funds he might terminate his investment in the near future because he's investment is been terminated by himself. Also to meet up on investment, an investor need to have a good source of income, a kind of job or business that provides good income, some reasons why some investors terminates their investments is because their source of income is no longer providing good profits as aways. It's still good for an investor to have more than one source of income.