It’s kinda complicated with what you wrote involving bitcoin investment and challenges , no one should view bitcoin investment as a helping hand in times of stranded situation. Even if you made mentioned of back up funds also and no one can predict any situation we face in life so it’s right we always make room for alternative plans, honestly speaking challenges that will cost an investor his/her bitcoin investment is so rare expect the investor never made use of the disposable income when investing rather the investor went ahead to buy and buy without planning, secondly using the backup funds for personal reason without filling back is wrong and it can cost an investor his investment.
Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage.
You seem to be confusing all of us with your terminology because I don't understand what you mean by investing smartly that is unconnected to long term holding. For investor to hold their assets for a long time, it is already a proof that they invested smartly because without that, they would have be pressured to sell or been disturbed when price was undergoing corrections. The most important aspect of investing in Bitcoin is to be able to preserve the assets and not act compulsively, this is more important than getting a perfect entry like some people pride in. At some point, the method used in buying is just a little part of the process rather how you manage the investment is what determine how successful you will be. So, the measure of smartness is in how well an investor can hold the asset and make the best use of it and not act in a way that will lead to regrets.