Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ginsan
on 10/11/2024, 16:55:41 UTC
⭐ Merited by fillippone (1)
Investors make use of discretion fund and not emergency fund. What if you invested your discretion plus your emergency fund an you had serious issues, you will still need to sell your HODLing before recovery your emergency fund. Ivan tell you it's not a good one.
Yes, using emergency funds for our investments is not good. I understand that there are risks that have been discussed previously. but I'm sure you understand what I mean. we really believe in Bitcoin which will give us benefits to those who hold it, when the price drops which is very good for us to enter, sometimes it is a temptation for us, especially those who do have funds and may not have good financial control. this is not recommended, but I'm sure some investors do it.


Still, in the end, even if we believe in bitcoin, there is no need to make this a whole gamble because after all, emergency funds must still be one of the handles for us to avoid some problems that we sometimes cannot predict beforehand.

Indeed, in this case all decisions depend on themselves but I think emergency funds must still be kept within a certain period of time so that we continue to run according to the management that has been planned but if indeed within a certain period of time the emergency funds that we have are indeed unused and always increase as income occurs then it can be a consideration, it just can't be as a whole to go all in on bitcoin because we realize that in the end, even though we have a lot of money to spend on bitcoin, we still have a lot of money to spend on it. bitcoin because we realize that in the end even though bitcoin is still very profitable to do but on the other hand we also have to understand some things sometimes in real life are not as beautiful as imagined and when that happens (there are several unexpected events that require large sums of money) the emergency funds we have are still available and do not need to use our investments as dependents to solve urgent needs.