Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Tamaperdana
on 16/06/2025, 10:15:25 UTC
⭐ Merited by JayJuanGee (1)


Emergency fund is not for investing, and even though guys can do whatever they like, they are going to be just putting themselves into bad situations if they are being reckless with their funds and investing with their emergency funds, especially if they have not figured out and/or establish their upcoming income, so if they have no expectations of future income, then it seems that there emergency funds are supposed to be being used to support themselves until such time as they are able to assure and/or secure future income.

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.


Talking about this bold statement in your write up shows that you also is not getting the point here, your emergency funds is not meant for investing, it's strictly meant to protect your Bitcoin holdings not to be using it to  investing wether you have a source of income or not, besides are you going to invest in Bitcoin without having a source of income?
No, you must have that in place already, but the point is, your emergency funds is not meant to investment, it's your reserve funds you use to invest or do other things that aid the growth of your Bitcoin.
Investing using and emergency, I think it's really funny. Because people who invest in bitcoin using emergency funds, it's the same as people who endanger their lives in the long term. Because in essence emergency funds are used when we are in an emergency such as when sick or when we are unemployed. At times like that emergency funds will be useful. But if for example the emergency funds are used to invest in bitcoin, it's still not a good thing. Because in essence you have the possibility of not being able to hold the bitcoin you have bought long enough. So in essence the investment in bitcoin that you make will not have much of a good impact if you use emergency funds to invest.

So don't play around with emergency funds just because you are interested in investing in bitcoin. Because even though bitcoin is a fairly promising investment asset, if you buy it with the wrong capital, of course it won't be good either. So instead of investing in bitcoin using emergency funds, it's better to look for income first so that you can get discretionary income. Because in my opinion that is a better way than using emergency funds to invest. And the point is it's better to be a little patient than to start in the wrong way.