...
This is terribly wrong, your emergency funds is not meant for investing, even though you are investing only a cent of it, no, don't do that.This is why reverse funds is set aside, so that a dip buying opportunity can be utilized proper, but thinking to invest part of your emergency funds is a terrible financial mistake that you might pay dearly for if any serious real life emergency situation arise during that period of time you invest some part of it.
Your emergency funds should only be tempered with when a serious real life emergency situation that threatens your Bitcoin holdings ariss, nothing else.
The purpose of creating an emergency fund is to be able to facilitate our own investment activities such as when we want to buy Bitcoin every week or every month so that everyone who has become an investor does not experience obstacles in carrying out their own activities. And one more thing is that every investor usually does not always wait for a price drop when they want to buy Bitcoin for their own investment purposes, because they usually prefer to save for the long term after making a purchase with the amount of money they have at that time.
So everything that aims to facilitate our own work activities is a support tool that must be there before we become investors. Because investors should not hold back their hunger just because of investing because every investor always needs more focus so that they can continue to be consistent in carrying out their investment work for a long period.
This is an open offer by the way.. I will trade 10,000 BTC for 2 of these pizzas any time as long as I have the funds (I usually have plenty). If anyone is interested please let me know. The exchange is favorable for anyone who does it because the 2 pizzas are only about 25 dollars total, maybe 30 if you give the guy a nice tip. If you get me the upgraded extra large ones or something, I can throw in some more bitcoins, just let me know and we'll work something out.
My 1 year old daughter really enjoys pizza too! She just smears it all over her face if you give her a whole slice, but she does eventually manage to get most of it in her mouth (minus a few loose toppings of course).
At that time, he was very happy to buy pizza with his Bitcoin. Because at the time when he bought the pizza, there was no way to exchange Bitcoin through Bitcoin, then everyone only thought of Bitcoin as a hobby. And at that time, purchasing something directly through Bitcoin was just a dream. But Laszlo did not miss the opportunity to buy what he wanted at that time. And since then, everyone can imagine an exchange price of Bitcoin and gradually the demand for Bitcoin increased and the price continued to increase.My 1 year old daughter really enjoys pizza too! She just smears it all over her face if you give her a whole slice, but she does eventually manage to get most of it in her mouth (minus a few loose toppings of course).
Most of the time we are very excited about the current price of Bitcoin and we do not decide to break our investment in an emergency moment. However, if you think about the beginning of Bitcoin, what was the value of Bitcoin at that time and how much the value of Bitcoin is constantly increasing, then you can imagine the future of Bitcoin. Only those who can hold Bitcoin patiently can get a lot of profit from Bitcoin. The longer the holding time, the more profit they make. So instead of selling Bitcoin, you should always hold it if you have any other means to get financial backup for your daily expenses and emergencies.
Understanding this, if someone wants to invest their emergency fund with risk, then I said that they should invest some part of it instead of investing the whole amount.
However, I think it is better to keep the emergency fund in fiat.
This is why reverse funds is set aside, so that a dip buying opportunity can be utilized proper, but thinking to invest part of your emergency funds is a terrible financial mistake that you might pay dearly for if any serious real life emergency situation arise during that period of time you invest some part of it.
Your emergency funds should only be tempered with when a serious real life emergency situation that threatens your Bitcoin holdings ariss, nothing else.
I'm not disputing on the fact that our emergency funds should be used for our bitcoin investment, as it is not advised for an investor to be investing from his emergency but from his discretionary income. Just as sir JayJuanGee said in his previous post here.
I totally agree with this, a guy can do whatever he feel like doing with his emergency fund since the emergency fund may be higher than the discretionary fund, that is because emergency issue don't come up so easily, so with this a guy may be having enough emergency fund than that of discretionary fund that has alot of loads to carry.
...
This is terribly wrong, your emergency funds is not meant for investing, even though you are investing only a cent of it, no, don't do that.This is why reverse funds is set aside, so that a dip buying opportunity can be utilized proper, but thinking to invest part of your emergency funds is a terrible financial mistake that you might pay dearly for if any serious real life emergency situation arise during that period of time you invest some part of it.
Your emergency funds should only be tempered with when a serious real life emergency situation that threatens your Bitcoin holdings ariss, nothing else.
The purpose of creating an emergency fund is to be able to facilitate our own investment activities such as when we want to buy Bitcoin every week or every month so that everyone who has become an investor does not experience obstacles in carrying out their own activities. And one more thing is that every investor usually does not always wait for a price drop when they want to buy Bitcoin for their own investment purposes, because they usually prefer to save for the long term after making a purchase with the amount of money they have at that time.
So everything that aims to facilitate our own work activities is a support tool that must be there before we become investors. Because investors should not hold back their hunger just because of investing because every investor always needs more focus so that they can continue to be consistent in carrying out their investment work for a long period.