yes, emergency funds is supposed to act as a safety net whenever there is unforeseen contingency or situation that threatens ones peace of mind and not to be used for investing. so many fails to understand this and are easily carried away by the intense of making profits. However when they are face with emergency or situations that threatens there peace of mind that's when they will realise the importance of emergency funds, that it sole aim is not for investing.unless one have steady source of income or upcoming income,if not using one emergency funds for investment is just like trading or gambling with one peace of mind.so it would be wise if emergency funds is strictly for emergency and discretionary income for investing in bitcoin.
As a Bitcoiner our income must have three parts: daily living, emergency funds and discretionary funds. While the discretionary funds sole purpose is to buy and hodl Bitcoin, we also need fiat to meet our day to day requirements and also to cater emergency requirements like paying for medical bills. The funds for daily living and emergency must be our priority because they are required to live a peaceful life, once you are comfortable with these funds the rest of money should go to Bitcoin. What we are investing in Bitcoin must be out of sight, out of mind and that's only possible if we have enough money in hand to meet our daily requirements. otherwise one will keep converting his Bitcoins to meet day to day needs.
It is very important to have a source of income before investing in Bitcoin, at the end of the week or monthly we have expenses to take care of, we have daily needs in life and we must have to take care of this little or big expenses that is why in life we need a source of income, Now for someone who wants to hodl Bitcoin for a long term and wants to also build a successful portfolio you must have a source of income and from there we can start having the right approach with emergency fund, reserved funds and fiat which we all know that this strategies serves it's purpose for someone who wants to be successful in terms of this journey of investing and accumulating and holding Bitcoin, we all wants to have a comfortable life and we must definitely have this strategies to also have a comfortable Bitcoin Porfirio.