Hopefully many of us are figuring out ways to manage our cashflows so that we never have to use our emergency funds.. they are just there in case we have some extreme unexpected shortfall in our income and/or some unexpected increase in our expenses.
Well, surely it is not easy to do multiple tasks at the same time, daily or monthly spending, emergency fund, and investment capital, but when our finance is not good enouth while emergency can suddenly appear anytime, we have to assign part of our income to emergency fund.
Likely the description sounds more complicated than how complicated that it really is. Part of the seeming complication comes when we are dealing within hypotheticals and trying to cover a lot of variety of circumstances, yet any individual ONLY has his own situation to deal with.. which is a lot easier than thinking about a variety of circumstances.
As an individual, you have your own level of income and expenses that might be regular or irregular and it leaves you with your discretionary income, and so sure the more discretionary income that you have, then the more options that you have to divide it into more areas, so surely there can be more dilemmas and difficulties that come to guys who have lower levels of discretionary income.. .and surely some guys have options to increase their discretionary income by increasing their income and/or decreasing their expenses, yet some guys may have already maxed out their abilities to increase their discretionary income.
It's risky to optimistically think that accidents won't appear in next several months so we are safe enough to use all our income for regular necessary spendings and investment. This approach is very dangerous and we might unexpectedly face with an emergency and have to sale off out bitcoins.
We should be trying to put systems in place and put such systems into practice that we are lessening the odds (perhaps bringing the odds to near zero) that we will end up selling any of our bitcoin at a time that is not completely of our own choosing into the next 4-10 years or longer... so part of the purpose of any brand new bitcoin investor would be to strive to build his bitcoin investment and to build his emergency funds at the same time, yet these kinds of monetary determinations are still within his hands to make sure that he is not engaging in errors when he is measuring the capabilities that he has to invest within the parameters of his assessment of his discretionary income, and if he makes mistakes in his calculations, then he ONLY has himself to blame.. and if he really does not have discretionary income or enough confidence in his calculations about his abilities to invest into bitcoin for 4-10 years or more, then he should not be investing into bitcoin. Anyone investing into bitcoin needs to have discretionary income to be able to invest into bitcoin.
It's oppositely with what we want and eventually we get loss instead of profit as we initially imagined.
With time, when our emergency fund is bigger, we can reduce its monthly percent of new fund allocation and are able to spend bigger percent of our monthly income to investment fund.
I agree with these parts of your post.