Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
PremiumcryptoHub
on 16/03/2025, 17:00:18 UTC
⭐ Merited by cryptoWODL (2)
That is why we should give the most importance to emergency funds, because if we want to sustain Bitcoin investment in the long term, our first step must be to take an emergency fund. The person or investor who does not have an emergency fund, the Bitcoin investment of that person is definitely at risk.
Because he will be unable to deal with any situation, if that person has an emergency fund, then he will definitely be able to deal with any situation and always sustain his Bitcoin investment. Therefore, we should plan an emergency fund as soon as we start investing, which is the best way to invest in Bitcoin.
I think if we want to hold on to Bitcoin investments for the long term, so the first step is to start buying Bitcoin regularly as soon as possible. If you start buying Bitcoin, you may not need reserve funds initially, meaning you will not need those funds on the primary path of your Bitcoin investment. We use the reserve fund only when various unexpected emergency topics and expenditure are needed. In fact every smart person may remove some money for themselves so they can fill the unexpected emergency things properly. Honestly people who still have discretionary income may not face any challenges. By initially starting with discretionary income, people will be able to gradually learn more as they gain more experience.