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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.
It's not important for your to build an emergency funds in place before you start your bitcoin investment and it is not necessary. This is because you will be wasting the time that you are suppose to use in start accumulating bitcoin to build an emergency funds as a no coiner. Emergency funds is to be a backup for your bitcoin investment and when you don't have a bitcoin investment what are you backing up.
I get your point but I am afraid I won't agree with you on that. I know Bitcoin investment is top priority and that is the more reason I think building an emergency fund is important to me so i don't have to scatter what you have built already. I didn't mean you have to have a huge amount as emergency fund before investing, even a small amount should get you started and then you build gradually as your investment also grows. Think about it, life is unpredictable and unexpected expenses can pop up at any time.