Bitcoin investment is best suited for long-term investment only, because Bitcoin has been in the market for a long time. To sustain your Bitcoin investment, you must have a plan, because emergency funds play a very important role in making your investment long-term. And you can change your bad habits to make your investment strong and grow your money, because the more you change your bad habits, the more you will be able to accumulate money.
And your investment will have a huge post at the end of the year because if you invest according to the DCA method, it will be easier for you to invest the most.
This is definitely a good point you have raised, I will definitely appreciate your point. Investment is generally something that everyone can think about but not everyone thinks about how to actually invest. Here you have discussed about emergency fund if an investor creates emergency fund for his investment then it will be seen that his investment will never fail. The investment will not be irregular because when he faces financial problems, he can use his funds to maintain the continuity of investments and when his financial condition is normal again, he can deposit the amount of money that he spent from his emergency fund for investment purposes. Investors who are more serious about their investments tend to think this way about their investments.
Well having an emergency funds in place is crucial for all investors to always ensure continuity and stability in their journey, this one thing you should no about having an emergency funds it provides a safety net during unexpected setback having an emergency funds enable you to maintain your investment schedule even having some difficult time.