Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ejikeme24
on 13/06/2025, 23:45:44 UTC
⭐ Merited by JayJuanGee (1)


We often do a lot of work without preplanning, we do it without thinking about what will happen 2/3/4 weeks, months, years after doing the work? We work without thinking about what can happen which later makes us face difficult problems.
Most of the time we invest our emergency fund in the wrong place due to which we have to pay later.

We do not understand which type of collection should be invested in which sector.

I think everyone should do a lot of study on this before investing.

 If you invest your emergency fund somewhere else and if you are in the midst of a financial disaster at that time and if your investment goes down at that time, then you will have to sell it with your loss, so it is never a good idea to invest with your emergency fund.
I totally agree with you because if any investors is thinking of making use of his emergency fund for an investment, it is totally unacceptable because once you make use of your emergency fund for an investment you will be tempted to use your investments when the needs arisess since you don't have emergency fund that can back your investments up.
Surely investing from emergency fund is not the right way to go about it, but I would like to say something regarding this fact and see if it works. sometimes an investor may not have  enough money in his discretionary fund for the week maybe due to the level of expenses for the week, but since he has enough money in his emergency fund, he can choose to take from the emergency since there's no emergency alerm in that intial time to replace it back, probably before it could get to the normal time when he's supposed to invest in bitcoin by then things must have been figured out. I know this would be a little bit tough because he would have to return the money which he took from the emergency fund and this can probably affect him in the following week  as he will be looking for a way to get that certain amount which he set to go with, of which this seems like a play to me,  this is why is advised to make a proper planning before diving into bitcoin investment to avoid  playing around the market.