That's true the emergency funds are very crucial for successful investment and holding Secondly a source of funds should also be there also. If we focus only on the keeping emergency funds without having a good source of funds, it will come a time when our emergency funds provision will be used up and when that happens our investment will be in danger. Source of funds is the pillar that holds our investment and our emergency funds. If possible multiple sources of income is encouraged.
There is need to have a reliable source of income before venturing into Bitcoin investments because for someone who is using the DCA strategy and it got to a point when you are unable to continue due to financial constraints, it often results to selling off your holdings since you have no other source of income and it is always difficult for anyone to have funds somewhere and not able to make use of it. Bitcoin investments is considered to be a long term investment growth so it requires preparedness before one can be able to hold for a long time. It will even be difficult for someone who don't have a good source of income to even keep emergency funds because of the little amounts they earn and it is also very good to have different sources of income so that if one fails you can still manage the other to be funding your DCA.
Reliable source of fund is really needed when you are trying to engage in invest we made. If people don't have proper funding's provably that they might think about asking for loan just to cover up their investment, since they might think its good action to do since they can gain profit anyways. Which I really think a wrong mindset to have and wrong action to do, since they are just putting their selves in more heavier situation since maybe for asking that loan they might get more pressure especially that they need to pay that money in the date they promise to pay their lenders. With that this is how the start of their investment to collapse especially if the situation didn't align to what they expect since sudden bearish season occur then provably they decide to sell in that condition because they have loan to pay.
So its good to have consistent source of funding's to avoid thinking about the option I mentioned and they could do right decision in the investments they made with bitcoin. Then they can look forward for future because they don't have any issues to think and what they could do is to prepare to build up their emergency funds when their bitcoin investment is already in good situation.