emergency funds is very important that every bitcoin investor most have but it not that necessary that someone most have emergency funds before it can start it bitcoin investment
IMHO.
It's important that someone has an emergency fund before they invest in any investment or to Bitcoin.
Why? Because if someone spends his emergency fund into investment and they need it for what it is intended for.
You'll get the picture of what will happen next and that's about selling that. So, it will become no use if someone wants to invest for the longer and yet they have to sell it for some unforeseen event.
Emergency funds are needed to protect your Bitcoin holdings from any danger, whenever you use an emergency fund, you can immediately plan your investments according to the right plan and make your investments long-term. There are many Bitcoin holders who do not use emergency funds, they face the danger of taking their Bitcoins to their destination according to the plan.
And maybe after a while they have to sell their Bitcoin holdings and face different situations. Make investments that you can use for a long time according to the plan, that is why it is of course most important to have an emergency fund.
Yes I agree with you. Having an emergency fund is important for investors if they want to grow their capital to a decent level and stick to Bitcoin deposit. You should keep an emergency fund for the long term. As a newbie, I was not very aware of the need for this fund but through market analysis and review I realized its importance and to keep an emergency fund for at least three months. The question in this thread may be how important is the need for an emergency fund for newbie investors and what should they do if they do not have enough money at the time of starting the investment. The answer is that they should start Bitcoin initially without an emergency fund and later on they can keep a part of their discretionary income as floating cash savings.