There are many investors who suggest that you focus only on buying. Everyone may have said this from his own experience because the more we increase our investment the more likely we are to earn a profit from that investment. It is not the case that a person can profit only by investing.
After investing money can be lost and money can be increased but this risk of money has to be taken by investors if investors want to gain profit in future. It may be difficult to hold the investment for a long time and maintain the consistency of the investment but the road to success is not easy it is always difficult so everyone has to accept it.
If you plan out things properly and have a long-term bitcoin investment journey mindset and see bitcoin as a place to throw some value into for the future, you will be more successful in your bitcoin journey since you are only buying and buying without selling and as long as bitcoin price does not go against you.
This is the reason why a new investor must invest with part of his discretionary income that he can do without for a very long time in order for him to be consistent with buying bitcoin every week and build his bitcoin investment gradually overtime till he reaches his bitcoin target.
Emergency funds is very important in order for you to become successful in yoir bitcoin investment because it serves as a back up funds to your bitcoin investment. This will enable you to be able to take care of some unforeseen challenges when a real emergency arises.
It is when you did not use the right amount of your discretionary income by over agreesively investing or you don't have an emergency funds available that your bitcoin investment will not survive when an emergency arises due to lack of proper planning and financial management.