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I totally agree with you sir JJG and of course backup does not guarantee that our bitcoin are going to be safe, rather the amount we have in our backup fund will determine the safety of our bitcoin. as an investor even if you decide to set emergency fund aside so far as you don't have a reasonable amount in your emergency fund there's all possibility that you will definitely touch your holdings, because there are some issues that can consume all the money you set for emergency and it won't even be enough to sort it out, at this point one will be left with no choice than to dip your hand in your holdings. Most guys have this strong believe that thier emergency fund is due to solve whatever problems that might come thier way, and of course this should be everyone's pray point, but the truth is that we can't tell for sure which is why we need to ensure that our emergency fund is well loaded just for safety reasons.

Emergency funds and reserve funds are needed for the smooth running of our investments, we have unexpected expenses in our lives so preparations about money distribution strategies must be considered as well as possible.
The need for money when you don't have a job is certainly a very sensitive matter, meaning if we don't have reserve funds of course we will make a mistake by selling our assets only for needs within 1 month before we get a new job.

Emergency funds are the final stage funds that we use if it is only one of the requirements to cover the cost of living. People think that investing is quite easy but that is also true but the hardest thing about investing is maintaining / Holding assets for a long period of time.

Maybe that's not the hardest way for some people who have permanent jobs or passive income every month or guaranteed like those who work in government. However, for some people whose jobs are not permanent or contracted for 3 or 6 months, they have to think from the start about investing to prepare reserve funds and emergency funds. Is this important of course it is something important to implement so that our planning can run well without any unexpected fatal errors.

You are actually right, and I also share the same sentiment here about all that you said, for a Bitcoin investment to running smoothly over the years, having an emergency funds and a backup fund is very much important because the rainy days will always come along the line, and it's your reserve funds and your emergency funds that will help you and your investment out during those days, that's is why it's very important that as we are buying and adding up to our stash of Bitcoin, we shouldn't forget to stack up our emergency and back up fund's to the level that it can withstand any financial pressure for like three months time or more, because we live in a world full of uncertainty, so the best way for our Bitcoin investment to stay secure is to prepare for any eventualities that may arise in the future, and a good money management skills is greatly needed for all this to be implemented especially if you are a low coiner or a low income earner.

anyone who is investing in bitcoin without having emergency fund and backup fund the person is just gambling with his or her bitcoin investment, because when the rainy days will come he or she will definitely sell his or her bitcoin investment in lost, emergency fund and backup fund is Very essential for bitcoin investors to set up and not only bitcoin investors anyone who is running an investment is suppose to have emergency fund and backup fund in case of emergencies that may arise along the line, without emergency fund and backup fund it will be very difficult for someone to run an investment smoothly talk more of running bitcoin investment that is volatile in nature, having emergency fund and backup will enable you run a smooth bitcoin investment without tapping from it or selling in lost.

Of a true emergency fund is very important in our bitcoin investment but that doesn't mean that not having it at start before starting your bitcoin investment means that such investor is gambling no, there is some investor who started there bitcoin investment without emergency fund which was later build up later along the line.
So not having emergency fund at the beginning of your bitcoin investment shouldn't discouraged you are stop you from not starting up your bitcoin investment.

Emergency funds are very important to protect our investment and assets like we all know already, Unless for a Newbie who do not have any knowledge about Bitcoin, which is why it is important for anyone who has intention of Investing in Bitcoin should ask question and learn about this little details before investing, But you do not necessarily need to have Emergency funds in place before investing in bitcoin, Rather you build it up in a gradual process. I totally agree with you.

As a new investor, emergency fund shouldn't be seen as your priority in terms of backup funds, it comes last but discretionary fund, because it is from your discretionary fund that you start your investment without emergency fund, before you start having your emergency funds that will have to take you 3-6 month journey, because before coming into Bitcoin you have been taking care of you expenses, and so those extra expenses that you make outside your budget terms to be your reserves funds. Your discretionary funds is always shared into reserve and emergency funds, according to jjg in terms of emergency funds, that it is the last line of defense prior to having to dip into our bitcoin investment, and so usually we would not even want to dip into our emergency fund, which generally the emergency fund should be at least 3 months of expenses, and if a person has more likelihood for loss of income or increase in expenses, then he may need to keep more emergency funds.. He can also keep reserve funds too that would be more flexible than emergency funds