Put 3 times your stable income in the emergency fund and reserve fund.
Do you really know what you are saying? had it been you said 3/4 of your discretionary income it could have sounded better than saying x3 of your stable income. Let me make it clear to you because i can see that you think emergency and reserved funds should be a fixed amount but if that's what you are trying to spell then you are wrong because it's from your discretionary income that you will scrap out emergency and reserved funds which means that each time you DCA, you will have to cut out some money and add it up to your existing emergency and reserved funds. They are not fixed as they vary based on how much you can be able to make available
after your DCA amount have been taken care of, any amount that is left can stand for emergency needs and as reserve funds.I would say that after our basic needs money has been allocated, the next inline should be our emergency funds before the DCA money and the rest of it like the reserve funds and float cash, where it only becomes problematic is when you decide to wait until you have an emergency funds prior to getting started but on the occasion of already starting accumulating Bitcoin, in the scale of preference for me I would prefer allocating to my emergency funds first before considering my DCA amount based on the available discretionary income.
Many guys have already suggested that if a guys is a low coiner or no coiner, then there is no reason to even have an emergency fund prior to having some BTC, yet I personally like the idea of building emergency funds and bitcoin stash size at a similar rate... until the emergency fund gets up to at least 3 months of expenses.
Surely many guys might start out investing into bitcoin , and they already have some cash back up funds that might be 2 weeks to 6 weeks of their expenses, so many guys are already accustomed to living with some good cashflow management practices that maintain some cash cushion in regards to their being able to cover expenses between times that they receive income...so if a person is earning $400 per month and he tends to have $250 in expenses each month, then he might have $125 to $350 in extra cash, so he already has the start of an emergency fund, even though his goal may well be to build up his emergency fund to be at least $750, he also could start buying bitcoin right away since he has no bitcoin yet he already has some semblance of an emergency fund in place, and perhaps he could dedicate 75% of his discretionary income to bitcoin and 25% to his emergency fund.. ..and in the case of this guy, he has about $150 per month of discretionary income, so he could dedicated $112 to bitcoin and $38 toward building up his emergency fund.
Don't know why there's suggestion that there's no need for low coiner to have emergency funds since the same with people could able to spend they are also prone for risk to lose their money for something like wrong decisions or actions made. They should set it up according to the amount they can able to allocate, since everything is fine even if they are low coiner as long as they set up good plans for their future.
Setting up an emergency funds for 3 - 6 months is enough and when they achieve that they can proceed to use their money for their investment. Its crazy that other people seems don't have have timeline intended for their emergency funds. Since if they continue to save money for emergency funds used with no intention to stop, then I think they are wasting some opportunity to earn more especially if they hide their emergency funds on stable coins or in fiat.
Also I like your explanation on figures and for sure people would learn a lot from your insights given.
The idea is that instead of a low or now coiner to wait or say that they must has an emergency funds up to 3 to 6 months ready, the advice is that we can be buying Bitcoin gradually at the same time be building our emergency funds.