That's why the ability to manage financial resources is needed because in living life, it's not just about investment.
If someone does not prepare reserve funds for other needs, the investment will not go well because under certain conditions when we need money, we have to sell some of the assets we have.If market conditions are in decline, we will experience losses when selling these assets to meet our living needs.
The market condition will always be bad at some points that is why you need to have reserved funds that can do you for a long time therefore we should not be investing everything we have at a go. You might think that you are making the right decision by doing that but you are wrong. Every dip is worth buying but as you are buying, always keep extra cash to be capable of buying the next time that the market dips comes. Do.not wait for more dip before buying with the excuse that you do not want to buy now but later when the market dips more because, you might be waiting and the dip will never come when you want it to come. You might also make use of the money that you kept for buying the dips for something different when you keep waiting.
The US stock market is gaining momentum current and that's where investors are putting their money that's why we haven't seen a huge momentum in the price of Bitcoin. The Bitcoin market keep ranging with no specific direct which is why we need to know how much we are investing avoiding the mistake of using all the funds we have to invest in cryptocurrency. There will be more opportunities that will surface which is why we need to know how to plan so we don't become a victim of over investing without having extra fund to take care of emergency need.