Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
7juju
on 09/04/2025, 23:23:12 UTC


So now why the disagreement?

When we are in same path ( not encouraging others to purchase with their emergency funds) ,try going through post well before replying , because you are just mid quoting me , because I only said not to use your emergency funds to purchase bitcoin just in the name of been aggressive, just try and go through my reply again then you may understand what I was trying to say properly
Emergency funds are always for emergencies. No good investor would encourage anyone to invest part of all of his emergency fund simply because of Dip. Market volatility has no time frame and could be as short or long as no one would actually predict. Emergency funds toe is no longer your fund, it's set aside for life sake.

The current situation of bitcoin is a great opportunity for investors. Maybe traders would finally decide to quit trading for investment this time.





Emergency is not set aside just for life's sake... Emergency fund is for contingencies - good or bad...It's wise to use one's emergency fund in case of dip irrespective of how long or short that dip could be. Great investors will always take advantage of dips even as they still invest during boom. There's no way I will not buy more bitcoins during dip. I operate based on DCA, but dip is when I break the records. I'll still set up emergency funds if I ever get to use them up.
Emergency funds should best left for emergencies and only used when there are real emergencies. Since you like breaking records during the dip, you can prepare yourself and save part of your discretionary income for the purpose of buying the dip. You will think that you are being smart by tampering with your emergency funds, until you face and emergency and you don't have funds to turn to.