Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Abbatty
on 21/05/2025, 08:36:40 UTC
The poor investors might not want to shake out their bitcoin too soon but by having bad financial management, it leads to many bad things consequently including their cashflow management and unexpected sales. When they suddenly have needs of cash while they don't have cash for emergency, they have to sell their bitcoins unexpectedly. If they can hold it longer, they might have profit and I believe they know it too but it's just they have no other choices and are not able to hold in urgent situations.
Before investing, it's crucial to have a solid foundation in place. Proper planning, including building an emergency fund, is just as important as the investment itself. Investors should prioritize setting clear financial goals and developing a long-term plan to avoid being forced to withdraw funds prematurely. By doing so, they'll be better equipped to handle financial challenges and hold onto their investments for better returns.

Let us be sincere to ourselves even without having a Bitcoin investment emergency funds is essential in the general point of view provided that you are earning provisions for it should be made because unforseen circumstances will always be there just that many people pays less attention to it's importance
Emergency fund is a fundamental aspect of financial planning that helps individuals prepare for unexpected expenses and financial stress but a lot of people actually underestimate it's importance leading to many failed investment.