Investing in Bitcoin with an emergency fund can cause more losses for the investor. Because if an investor invests in Bitcoin with an emergency fund, and after some time if he needs the money, what will he do? Then he will have to sell his Bitcoin holdings compulsorily, and if the price is low due to the volatility of Bitcoin at that time, he may also suffer losses. So these should never doing any time, danger can come at any time, when you need money. So the emergency fund should be used only for emergency situations. Using it for other purposes means destroying your protection charm.
This means that the person does not manage well if investing using emergency funds, because it is clear that there must be a risk if using emergency funds as you say the risk of loss and will sell bitcoin in an urgent situation due to emergency needs.
Investing should be enough with calm and calm mind.
1. Emergency funds are ready.
2. 1 month's needs have been met.
3. Leave a few percent to invest in bitcoin.
So that will not make a mistake in investing and we are calm even though only 20%, for example, for bitcoin but this is for the long term, meaning that the money that has been bought in bitcoin will not be disturbed again.