Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Futurexxx
on 30/06/2025, 08:46:30 UTC

I was describing a guy who started investing into bitcoin at the top of the market and he still ended up doing well because he kept buying bitcoin.  My point really did not have much of anything to do with keeping backup funds, which I would have had presumed that any guy who is investing aggressively into bitcoin will already have back up funds in place.
It is not wrong to say that every successful bitcoin investor took his time to build his backup and emergency funds alongside his bitcoin investment. Some advice making provision for a given amount of emergency funds and back up funds before investing in bitcoin at the first instance. Which ever way, back up funds is a vital aspect of bitcoin investment and should be treated as such.
It is not necessary to prepare an emergency fund before starting to invest, but rather to start investing first and then prepare an emergency fund. We must definitely pay attention to risk management, but after starting to invest, it is never a good decision to waste time on funds before starting to invest. Because if you do not have any investment, then what are you creating an emergency fund to protect first? So first of all, after creating a strong source of income, you have to start investing immediately, when it comes to starting to invest, delaying for creating any fund is never a good decision.
Emergency fund is not mandatory for investment, if the investor does not give it much importance, there is no problem, but I think the investor should give importance to his continuous investment.
Wow, this statement here is just shocking because in my own opinion, the most surest way to fail in  your Bitcoin investment is not having an emergency funds in place that is going to protects your holdings when in serious financial needs or emergency situation that may have warrant you to temper with your Bitcoin holdings, so am very surprised by this statement here, because even someone that is not into any form of investment have an emergency funds just in case of any emergencies, talkless of someone that is investing in Bitcoin, do not try this shit you are talking of because emergency funds is the brain behind the longevity of your capability to hold in a very long period of time.