In case for the other investments asset, they will serve as a means for backing us up to have an alternative source of income, and if things does not really works out as expected with them as well, we revert back on our emergency fund and use for any urgent need arising, so having all these in place, we may not be able to consider touching our bitcoin investment as we continue to hold until the market gives the required signal for sell.
hell no I disagree with you on this one, because investing in other assets and saying that it serve as a means of backing us up to have alternative source of income it is wrong. remember other assets can be shitcoins, so are you really going to advise newbies to invest in shitcoins and call it alternative source of income? Hell no. before you can even think of investing in bitcoin you need to have a source of income Very necessary, and beside I don't think if you can invest in bitcoin if you don't have a source of income.
Now less say you have a source of income and your discretionary income for the week or for the month is $100, invest $50 in bitcoin, then allocate $30 to emergency fund, and finally allocate $20 to reserve fund by doing this the equation is balance and not by allocating it to other assets to serve to serve as a backup means for alternative source of income just as you said.