Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Stable090
on 09/04/2025, 21:10:52 UTC
While I_Anime was advising investors to utilize the opportunity that the market has brought to buy the current dip, I_Anime didn't say that investors should use their emergency fund to buy the dip if they don't have leftover money to comfortably buy the dip. I_Anime was still of the opinion that if investors are buying the dip, they should not overdo it in such a way that they will use their emergency fund to buy the dip, which is the right way to invest in bitcoin, and it will allow investors to always solve their unexpected problems during their accumulation journey with their emergency fund.
If anyone decide to use the money that’s suppose to be used for emergency purpose to accumulate bitcoin just because their is dip in the market, what if the dip continues, and emergency arises which you will be needing the money which you used in accumulating bitcoin, you won’t have choice than to sell the bitcoin which you acculturated, and you might be selling at loss because bitcoin might have dumped more. So if money is suppose to be used for emergency purpose, then don’t invest it in bitcoin.

But am having a account which am always saving some money in the account, the main purpose of creating the account is to save the money which I will be using to accumulate more bitcoin when their is a dip, just like what we expiring recently, I don’t think their is anything bad in having a account like this, so whenever their is dump, you can use that to accumulate bitcoin. That’s going to be a bitcoin emergency funds.