Quote from: Barikui1 on May 09, 2025, 12:54:03 PM

One major thing most Bitcoin investors don't know is that emergency funds should be treated the same way we accumulate Bitcoin consistently because as our stash of Bitcoin is increasing, it's very much important that our emergency funds should also be increasing so that it can withstand any serious emergency situation that may arise in the future, but if your emergency funds is small, if it can't take care of your basic needs for like three months minimum, then just know that your investment is seriously at risk, because their are some emergency situation that are big enough to even swallow your holdings if you have no robust emergency funds aside to handle such, in times like that.
So what am trying to say is that we should try to pay much attention to the size of our emergency funds, because when it's bigger, our Bitcoin holdings is much more secure, and will not be tempered with no matter what life throws at us.

The emergency funds can be used if you have an urgent situation without using your investment. It is why we need to add the emergency fund weekly or monthly following with other money to its place depend on your income. The amount will be based on your calculation and the total amount of you income so you will split all of your income in the right allocation.
Besides that, you will not have to use the emergency fund if you are not in the urgent situation that need money. You can keep your emergency fund in the right place while you can focus with your investment.

Quote from: Gallar on May 09, 2025, 03:11:58 PM

That is why when we invest in bitcoin, we must really invest using discretionary income, besides that we must also have an emergency fund, and also have a stable income every month. Because if we invest in bitcoin without having these three requirements, the possibility of our investment being disrupted will be very large. Because the name of life in the future, no one knows for sure what it will be like, therefore if we are an investor in bitcoin, we must have these three requirements so that our bitcoin investment runs smoothly. Because the name of investment certainly will not be able to make money instantly, so there must be something called a process.

Now to face this process is the biggest challenge that we must face well. Because when we run the investment process, of course we need to eat, buy clothes, children and wife's expenses, and also for unexpected expenses such as illness. So that's where it is useful to have income that continues to flow every month and have an emergency fund. So the first funds used can be anywhere, be it emergency funds or from the income we get every month. Only after that if for example the funds are lacking (for example emergency funds) we can take funds from the income we get every month. So our bitcoin investment will remain safe without being scratched at all. My suggestion is like that.

The important is you can have allocation with your income. Even if you have unstable income, you should still allocate the money to the right place. Because when you have unstable income, you will have a will to search for how you can have a stable income so you can make sure that you can fill all of your needs. No one will stop their effort to have a stable income to fill their needs so the allocation of the money will be important.

Related to the emergency funds and the investment, you need to allocate to that place because we will face an urgent situation but we don't know when. If you already prepare your emergency fund, you can directly use it without using other money including you will not sell your investment. Your investment means you prepare your future to get out from the situation you have now to have a better situation in the future.