Your point per discipline is inevitable when it comes to investment in general mostly the most valuable like that if Bitcoin, but my point of argument or opinion remain that if what emergency fund can't not resolve because there is not amount of fund that can take care of unforseen circumstances like life threatening, if you have not seen heavy investors hit with life threatening who sold their properties and many belongings even seek public contribution inorder to save their life I I have witnessed even hear some through news or Media sorry to use this common example of a Nigeria actor who was hit with illness that leads to amputation of his leg the man called john okafor popularly known as Mr ibu , the public made some donation and he lost his life if such a person has Bitcoin as asset and selling it could save his life you think he will reserve it and died because of long time holding, when I said life threatening it really entails life issue with deep sense of details. Sorry to use the particular scenario assuming a man kept emergency fund that is not up to what a kidnapper who adopted him is looking for and no means to get the demand, you mean such person should die and leave the Bitcoin unsold if he practice Long holding where means of selling and get released can be made, for me it's unwise.
If you have been a regular follower of this thread you shouldn't be sounding this way, because issues like this has long been dealt with here in the past. Well let me educate you more on this matter. The reason why we have reserved funds and emergency funds is that our bitcoin holding should not be the first alternative that comes to our mind incase of any unplanned emergencies that may come up in the future. Since we don't want anything that will disrupt our bitcoin holdings/accumulations, hence we make provisions for reserve and emergency funds. But in a situation where a life threatening sickness hits an investor, and the money in his reserved and emergency funds account are not enough, and more money is needed, you don't turn to your bitcoin first. You have to look for alternative means to raise more money, either by getting a loan from the bank or relatives.
If that is not possible, you should think of any landed properties to sell to raise the money. If there is no property to sell, and there is no other way to get a loan from bank or friends and relatives, you can take money from your business account, that's why multiple sources of income are encouraged for all investors. When other options are exhausted and no way to raise the money, then you can think of disposing your bitcoin to save your life. The point is this, your bitcoin should be the last option of raising funds if you find yourself in situations like that. You should not rush and dispose your bitcoin without trying to raise money from other sources first, even though health ground is a good reason to dispose your bitcoin investment premature.
This is just bullshit , I know holding Bitcoin for long is a prior when comes to been a Bitcoin investor, but the fact still remains that your health should be put first , your emergency funds was not enough to coverup such emergency ( life threatening) and you have some Bitcoin stash that you can run to when comes to the worse . Is not everyone that have properties or people to run to mate and I won't advice carrying loan to solve such issue , because you are endangering your health more because I believe with that loan you won't be able to have any peace of mind, imagine someone that just survived a life threatening event, don't have any peace mind due to thinking on he or she can pay back such loan .
The best to do is to sell from that Bitcoin to handle such emergency, because a dead man can't accummulate Bitcoin , but with time you can be able to replace the amount of bitcoin you sold back but not at same price rate but doesn't matter aslong you where able to handle that emergency, because we should know how to differenciate need from want , always prior your health, doesn't mean you will start tampering with bitcoin in any slight expenses.
You are absolutely right, health is wealth talking about the kind of health situation that would make us to sell some of our Bitcoin if we have exhausted our emergency funds are not children anymore everyone has his or her limit, if you are facing a serious health challenge which has sucked all your emergency funds and still needs more money to handle it and you don't have money anymore and no assistance from anyone that is when you need to dip hands into your Bitcoin, however if the situation is not that serious and the doctors confirm you can come when ever you have money or you receive your salary then no need to dip hands into your Bitcoin.
Our health should be taken more serious because no life no investment the only reason why will are still accumulating Bitcoin is because we are still alive a dead person can't, just like I_Anime said you can still recover everything if you are still alive and accumulating.
Anyone who has a good amount of Bitcoin that if sold could have helped to take care of his or her medical situation and refuse to sell those not value his self or anyone, if you die and nobody knows the password to your wallet it means your Bitcoin will waste and body can access it then if someone knows your password it means another person will enjoy it for you.
So do what ever you can do to stay alive and that include selling of your Bitcoin.