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Before an investor begins to accumulate Bitcoin for the long term, it's important to establish a savings fund and an emergency fund. These funds will help maintain a stable investment portfolio and prevent the need to sell investments prematurely, especially when they are still in the early stages. Having reserve and emergency funds is crucial for Bitcoin investments, as they will allow you to address your needs and any unforeseen circumstances. This way, you can continue to accumulate Bitcoin over time using the DCA strategy, which is popular among investors.

Don't overcomplicate the process of investing in Bitcoin because it should be easy for everyone including new investors. Telling someone to establish savings funds and emergency funds is somewhat confusing because it might send the message that someone have to save in fiat first before buying Bitcoin. This is totally wrong; the money you are saving in fiat can simply be used to buy Bitcoin instead of saving in fiat. Going by your suggestion, someone may decide to save fiat for 3 to 6 months with the intention of using same to purchase Bitcoin... this I consider not effective instead that amount could have been used to buy Bitcoin for that 3 to 6 months using the DCA method or any other method as the case may be.

The right thing to do is to set up emergency fund after funds for basic needs have been set aside and investment made with discretionary income. In other words, whatever inflow you receive, just set aside the mount to cover your basic needs then you can invest part of the remaining then keep some one place as emergency fund. It should be as simple as this to produce effective result and also easy to follow.

nothing is confusing there, because back up fund can also be referred as savings fund in an advance English. at least you should have checked the meaning of savings funds in the dictionary or on Google before saying that am passing a wrong information, because what I said was very clear if you want to invest in bitcoin as an investor in other for you to avoid selling your investment at early stage you should established a backup fund which can also be refer as savings fund in an advanced English, and emergency fund that we assist you to build a solid investment portfolio for a long period of time.

Back up fund is a must that every crypto investors must have in order to stay safe not to touch your crypto investment.

You shouldn't have use the word crypto in this thread next time be specific because it can be confusing, this thread is only for Bitcoin discussion and not for shitcoin discussion that is why when you are not suppose to use the word crypto or any other shitcoins in this thread because you may mislead a lot of newbies.
From your statement you can be referring to Bitcoin but because you used the world crypto some set of people especially newbies will mistake it for shitcoin.
Crypto and Bitcoin are not to be connected because apart from Bitcoin the rest are coins shitcoins, this shitcoin are stable coins no growth and should never be connected to Bitcoin.
I have seen newbies that believed that shitcoins and Bitcoin are same and that same way Bitcoin grew that's same way shitcoins will grow which is not correct and they have this kind of believe because of misinformation and that is why I don't encourage connecting the world crypto to Bitcoin because it may mislead newbies, Bitcoin is a very good investment because it is always growing, shitcoins are stable and not something you should start accumulating and holding.

You could be correct because the word cryptocurrency seems to be a general term so people may not actually know the type of coin he may be talking about if it is memecoin, shitcoins or bitcoin, i believe he may be talking about bitcoin but since he wasn't specific about the particular coin he is talking about who knows if it is bitcoin or not but for more clearification it is important he mentioned the particular coin he talking about before hypeing bitcoin while people may think it's shitcoins.