Without having patience to hodl for a long term you won't make it that big and sometimes you will end up losing money but if you are patient enough to hodl for long term then you will definitely reap big.
And without a Backup funds you will easily be tempted to dip hands into your Bitcoin investment when ever you have emergency or problem and you are not with cash but when you have a backup funds it will help you in times of emergency or problem.
Investment must be adjusted to needs and we don't just think about investing in living in this world. Especially for beginners who may not have stable finances so they must have a strategy in running investments in bitcoin. The long term is indeed a good choice, but you have to think about the pattern of accumulation of purchases if you want to see assets increase. This is where the ability to adjust between meeting life's needs and buying is needed because if it is not adjusted, both will not work well
The risk of loss is caused by not having money to meet life's needs so trying to sell bitcoin when you need money. This pattern is wrong in running long-term investments because we should hold until bitcoin finds the ATH moment. Reserve funds are generally prepared to take accumulations in larger amounts rather than to meet needs when money is needed.