Quote from: JayJuanGee on Today at 01:27:55 AM

Quote from: Tonimez on June 18, 2025, 07:10:49 AM

[Edited out]

Part of the dilemma frequently can be (perhaps more so with poor people) is that there is a desire to try to make sure that all of their dollars are "working," and so the money in back up funds (including emergency funds) may seem as if it is not "working" sufficiently enough.. .and so that dilemma of wanting to put money to work will then contribute towards not having money on the side to help to protect themselves from emergencies that might never end up happening.

It may well be a goal to try to create situations in which a guy never has to use his emergency funds.. so then the money is just sitting there. which does not seem smart, even though it is smart and gives a lot of security and/or confidence to person to be able to invest more aggressively based on having the financial cushion that gives greater psychological comfort.

The idea of having a backup funds or emergency funds is not to make it work for you. Emergency funds are shields to your bitcoin stash on a long-term goal. What if you consider after a long period of creating your emergency funds and back up funds alongside your bitcoin accumulation that your back up and emergency funds have not been spent due to absence of uncertainties, which is on a good note. You can decide to, instead of investing the already accumulated emergency funds, either decrease the percentage of funds going to the emergency funds and back up funds and therefore increase your DCA allocation tremendously, leading to aggressive accumulation compared to your initial DCA plan. By so doing, you maximise your subsequent funds while holding the already accumulated emergency funds and back up funds in an easily accessible manner which could only be in fiats.

It won't be an option to use up the accumulated funds before starting afresh to accumulate them if you don't want to risk your bitcoin stash. We should be smart enough to identify those simple mistakes that could endanger years of bitcoin investment in just seconds or few moments.