⭐ Merited by JayJuanGee (1)
Days are getting tough, making money has never been easier this much but more completion in the space making it harder so anyone who wants to make more needs to stand out unless they decide to go illicit ways. 
Making money has never been easier? I would disagree with that. Making money last cycle was much easier. You could buy any ridiculous shitcoin and it pumped to the moon.Many of our expenses can be cut out if necessary but it's been part of lifestyle inflation and many fail to recognise so even when they make money more they are not saving as much as they supposed to be.
People that have a lot of unnecessary expenses are just financially illiterate people that tend to have also some mental problems. The problem today is that basic life is very expensive. Rent and the price of groceries has gone through the roof. The problem here is that you can not lower your grocery bills except by not eating. Buying very low quality food is a mistake and not a money saving strategy, because it will hurt you a lot more financially in the long run when it comes to medical costs. Whichever scenario you want to classify the situation that would make you want to sell your bitcoin assets before getting to a full circle, should be avoided but I understand there are circumstances that will push you to panic sell, you just mentioned health as a possibility for you to take such decisions but I think that is why we have an reserved funds which is primarily meant for this situation and if that isn’t enough for you to solve the problem at hand then you can approach your emergency funds, but I must say that whichever Situation that we find ourselves selling our Bitcoin should be the last thing coming to your thoughts, but it’s advisable to have more back up funds and that can help avoid dipping into our Bitcoin asset. This are just strategies that are analyzed here to help and hodl for a longer term, differentiation of needs are not really necessary, a need is just a need and an emergency is just an emergency Scenario.
If the emergency funds that you put aside is money that you would put into Bitcoin otherwise, then there is very little difference between the two options. It only helps you avoid having to sell during a bad time, when your PnL is not good but that is it. Having $100 in an emergency fund or $100 in Bitcoin, there is no real difference if you have to spend that $100. With that said, still I would opt to have an emergency fund. It is better to have different funds for things and then never to dip in between. So make sure your emergency fund does actually cover emergencies, and is not just a small help.