I think the reason why some inexperienced investors focus only on investment goals while disregarding emergency fund is because of their eagerness in quick gains. The excitement of chasing high returns can make saving for unexpected situations unnecessary. Success stories portrayed on social media also plays a role making investing to be appealing while having an emergency funds are rarely discussed. New investors think that their portfolio will always be at profit not considering the risks of market volatility or personal emergencies.
I doubt it's because of quick profits that made them to forget about setting up an emergency funds. I believe that any new investor that has decided to invest in bitcoin for a long-term and hodli wouldn't think about quick profits. I believe most of those investors who have the long-term mindset didn't budget to set up an emergency fund is because they don't know that it's very necessary and is a life wire to their bitcoin investment. If not why wouldn't they set up back up funds for their bitcoin investment.
You have said it by yourself that on social media, nobody talks about the necessity of emergency funds which shows that they are not aware of it. I am a typical example, I never thought about emergency funds when starting my bitcoin investment, but it was when I started coming to this thread that JJG pointed out the importance of emergency funds when investing in bitcoin, and I set up mine which is why my bitcoin investment is still surviving.
Infact before someone would even think of going into an investment the person should ensure to separate their emergency funds from that meant for investment, it doesn't matter whether they fall under the rich class or not, it's very necessary and it's one of the foundation which ensure one's portfolio remains intact for long-term, therefore every investor needs it to meet their goals.
I don't think that it will be possible for a poor investor to have up to three months of his salary before he can start investing in bitcoin that he will separate it from the money he has planned to invest with. Emergency funds can be built along side with your bitcoin investment. Therefore, there is no need of wasting time or piling up too much fiat funds to start your bitcoin investment when you can get started right away with as little as $10.
The short experience gained in studying this thread suggests that every investor needs an emergency fund to maintain their family for at least six months and to deal with unexpected situations.
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Emergency funds is not the money for maintaining your family but it should be used to solve a real emergency that happens which if not taken care of, it will lead to more destruction and loss in your life. It's only when you have lost your job that you can use your emergency funds for survival until you get a new source of income so that you don't touch your bitcoin investment at all.