We, who are basically going to invest in Bitcoin, must follow the same rules as gambling because we will invest as much money as we can afford to lose in Bitcoin. If we carry more than we need, then we will definitely face danger later. Because if you invest all the money, then it will definitely be a foolish thing for you because if you need money in your family, then you will definitely need this Bitcoin holding and may think of selling it in danger. For this reason, it is necessary to form an emergency fund to save Bitcoin holdings, every Bitcoin investor needs to have this emergency fund.
Because if we face any danger, we will definitely control it with an emergency fund, because we are investing in Bitcoin for a long time following the DCA method, so if we want to sustain Bitcoin investment for a long time, we must adopt such a strategy.
Even one very good thing that investing with the amount of money you can afford to lose will do for you is that, it will help you withstand the market pressure because you are not scared or worried about losing that money, thereby increasing your ability to hold your portfolio all through those market volatility phases.We should note that there's never a business that doesn't come with a risk and Investment into Bitcoin isn't left out, So it's a business and should be treated with a business mindset, as we all know that running a business do come with profit and loses, that's why you need to invest wisely, and don't invest like a gambler or play with the get rich quick mindset of many.