Quote from: Felixdesenior100 on March 12, 2025, 12:30:27 PM

Every investor is supposed to have a backup plan to be stable in the market of bitcoin, their are times that the dip gets dip that's the reasons for a backup plan so that you can buy the dip even when it's dip and still carry out your financial responsibilities

Setting aside a backup fund, also known as an emergency fund, when you are investing in bitcoin is essential because it will help you to solve your unexpected problems and eliminate the threat of selling your bitcoin too early or even when you are yet to arrive at the end of your accumulation journey, but setting aside an emergency fund at the beginning of your bitcoin investment is not compulsory; in some cases, you can set it up some months into when you have started accumulating bitcoin. Since you are a coiner or a newbie who is looking forward to starting his bitcoin investment, you should not be concerned with the dip right now because it can possibly distract you and delay you from starting your bitcoin investment even though you have an available fund to invest in bitcoin. As a low coiner or no coiner, you should focus on the DCA strategy so that you can possibly start your bitcoin investment anytime your discretionary income is available without waiting for any entry point.