Okay thank you so much for your encouragement and knowledge , with these as a beginner I will focus more on buy buy buy rather than the selling part to enable me invest more rather than selling and be at lost.
But what if I decide to use my emergency fund to invest in Bitcoin ?what if the market is favorable and I decide to use my emergency fund to get more? Just as u said, it stresses the need to buy and continue to buy and hold for long .
Using your emergency funds to accumulate is not encouraging at all just leave it there so that it can play its role of taken care of some expenses while you invest .
And don’t forget that long term investment is the best when it comes to bitcoin, so that you will have enough time to accumulate more bitcoin while you hold for long and as same time build something beautiful. Only short term investors always focus on short term profit and the way you sound there (the using of emergency funds to invest part) , sound more like a short term investor.
Just keep to the right track invest without going overboard and keep learning while you are on it .
It's better not to force your will and stick to your strategy even though you see the market is good to buy and you try to use emergency money or something, this is not wise even though the market moment is good. Because in bitcoin investment you still have to have principles and you have to stick to those principles, don't get too carried away by lust just because you see the market.
Investing in bitcoin is better for the long term and you can do dca with your ability, even with a small amount of money it doesn't matter what is important is consistency. Rather than forcing yourself to buy bitcoin with emergency funds, especially with loans, it is very risky, especially if the market is not as we want, this will make your finances unstable in the future.