There are many people who decide to buy Bitcoin with emergency funds in this way, there are many mistakes in their thinking, they decide to buy Bitcoin with emergency funds, but they do not even think that an emergency situation can arise at any time, when they need this fund. Buying Bitcoin at the dip price is definitely good and profitable, but for that, we should never remove the safety fund for this.
If you are using your emergency funds to invest in bitcoin, then you are not planning to hold the bitcoin for long term, you will end up selling the bitcoin bitcoin which you bought when you are in need of money just to solve the problem which you are having at that particular time. The best thing is that when you are planning to invest in bitcoin, then make sure you do it with the spare amount of money which you are having. just make sure you are always having extra money that you won’t be investing in bitcoin, incase if their is problem, you won’t even think about selling your bitcoin.
I know everyone wants to invest in bitcoin, and it’s really a nice idea, but we should just tell each other the reality, their are some things which we are not suppose to do, don’t sell your properties just because you want to invest, don’t invest all your money, if you are having planning to take loan, then make sure you are having other means to pay back the loan.