Can you deny that when your emergency fund is unused for a long time, you are not encouraged to invest in that fund?
I have seen many people who have been unused for a long time, they store their emergency fund in grains or other things with the intention of selling it later for some profit. They then think that if they keep their emergency fund in fiat, then the value of their fund will decrease due to inflation, rather than investing it with it. When they need money urgently, they can collect money from relatives or someone to meet the emergency need and later sell the invested fund to pay off the accumulated debt.
This is happening to all people except those who have a lot of money.
And then he needs to buy Bitcoin but he has no more money, what will he do?
Then can he not take such a risk of investing his emergency fund? Since he can replenish his emergency fund within six months and he has an ongoing income stream.In a scenario like this, it's the major reason why we have reserves funds in place, to either buy aggressively during a dip or use it to address any financial needs that is not an emergency situation, without you tempering with your emergency funds, so having reserve funds is very vital in Bitcoin investment.
Using your emergency funds or a fraction of it to invest in Bitcoin is actually unwise because you are putting your Bitcoin holdings to a vulnerable state whereby any serious real life emergency can compel you to temper with it easily because the emergency funds is not there, so @bluedrem try to avoid using your emergency funds to invest, it's for your own good.