Quote from: POPOLUV on Today at 11:20:53 AM

Quote from: john_egbert on Today at 08:55:24 AM

^ I agree with that, for me, emergency funds are for real-life situations, which cannot be avoided, and that needs urgent attention.

Everybody can experience such a situation, and everybody should be prepared for such an experience.

Are you just knowing that an emergency fund is for real-life situation all this while, there is something i want you understand, before you can buy or invest in Bitcoin you must have a discretionary income and this discretionary income is fund if you lose will not affect you much and which Bitcoin is beyond you lose all your money that you investment, since you have a steady cashflow you will always have plans for yourself outside Bitcoin investments, and which the same thing you should do when it comes to Bitcoin investments to avoid touching your holding incase if unforeseen circumstances occur you can make use of the emergency which no one is praying for it to happen but we just needed to plan ahead of us since no one can predict the future.

Emergency fund is the most important thing to keep your investment safe in the long term, having an emergency fund ready, discretionary income, and financial management, these are definitely necessary things, without these it is never easy to keep an investment in the long term. People invest anywhere just to make a profit, but if that investment cannot be maintained effectively, the expected profit can never be achieved. Therefore, the most necessary things must be paid attention to first, the things that are definitely needed must be prepared, and one must always be prepared for unexpected situations. Since nothing is certain, never think of your financial situation as safe, it is mandatory to prepare the emergency fund for the expected financial situation from the beginning, Or within 1/2 months of starting the investment.