Since bitcoin is a long-term investment, setting up emergency funds or building up emergency funds as you are accumulating bitcoin is very important thing to do because it will help you to sort out your unforeseen problems anytime they arise, which will allow you to hold your bitcoin investment for the long term because you will not depend on your bitcoin investment to do that. Any investor who doesn't make provision for his emergency funds as he is accumulating bitcoin has a big possibility that he will end up selling his bitcoin investment to survive because, at some point in your accumulation journey, you must need a new thing in your life to enhance your productivity, and if you don't make provision for emergency funds, there is no way you can make that happen or achieve that, and it might force you out of the game, partially or permanently.
Emergency funds is not for enhancing one's living but to service unforeseen circumstances(events that you do not expect to happen and must be tackled immediately). enhancing your productivity can be planned over time in order to achieve that. Compromising your emergency funds to achieve feats that are non-emergency is a wrong discipline in your financial management and that alone would leave your bitcoin portfolio vulnerable when real emergencies show up and you have depleted your emergency funds on things that are not emergencies.
You talk as if you are a bitcoin analyst and you are so sure about your predictions, there will surely be a little dip but the chances of your prediction to happen without reaching $100k in a few days or weeks is very low. As a fellow Bitcoin enthusiast, I'd advise enjoying the current bullish trend. We're nearing $100k, and considering the rapid progress, it's likely we'll surpass this milestone very soon. Let's not spoil the excitement with negative predictions, which might cause unnecessary panic among new investors... Rather than focusing on potential dips, let's appreciate the bullish ride and the opportunities it brings. After a long bear market, it's time for investors to reap the rewards.
Are you referring to Investors reaping short-term rewards from bull runs? If that is the case then you are on the wrong track and this is a trader's statement. Investors should see bull runs as an encouragement to even invest more and a time to be assured of the profitability potential of bitcoin and not a time to harvest part or all their investment before maturity. Holding your investment for a long term is the right attitude to getting better profits after several cycles and after reaching your accumulation target. Investors need not be swayed to loosing focus on the long term plan because of short-term profits that comes with the bull run, else they may regret in the long run that they sold much BTC too soon and missed out on better profits in the future.