Consistently doesn’t really have to be a process of buying with huge amounts that is why it is necessary to always have a reserved funds, and emergency and floating funds. This can really help us to dive into the market and enable us to be consistent and aggressive to buy smart.
In all your consistencies and aggressiveness in your purchases, leave your emergency fund out of it, plan your purchases around your discretionary income, manage your cashflow properly so that provisions for your consistent purchases are made without your emergency fund being utilized in the process. This is necessary for your holdings to survive longer. Taking chances with your emergency fund is only endangering your portfolio.
exactly I agree with you on this one no matter how consistent and aggressively an investor want to be in accumulating bitcoin he or she should never use his or her emergency fund to accumulate bitcoin, because using your emergency fund to accumulate bitcoin is a very wrong approach to bitcoin investment and it can endanger your bitcoin investment and make you sell in lost when emergencies arises and there is no emergency fund to handle those emergencies, which is investing mistake, only accumulate bitcoin with your discretionary and avoid been tempted to tap into your emergency fund to accumulate bitcoin aggressively or consistently, for that is the best way to approach bitcoin investment.
Yap, but sometimes you may come across some Bitcoin price that you are less likely to face any difficulty in increasing the holding more aggressively and holding it for the long term but a part of the backup fund can be used. Suppose you have a one year or two year backup fund that is ready for the long-term cycle and if the dips event occurs in between aggressive buying can greatly positive affect the increase in holdings.