Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ejikeme24
on 30/06/2025, 22:32:25 UTC
⭐ Merited by JayJuanGee (1)

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. The more serious an investor is about his investment and the more consistent he is, the stronger his investment will be. Basically, emergency fund is a very secondary issue for an investor. Those who have sufficient financial solvency and are very serious about their investment usually form emergency fund. The advantage of emergency fund is that if the investor fails to invest consistently, then that investor can use his emergency fund and when his financial condition returns to normal, he can replenish his fund with money. However, emergency fund is not mandatory for everyone.

You seems to be messing the whole concept here, maybe when you start your own accumulating journey you can choose not to set up your emergency fund Instead of including others, since you think is not mandatory, i can only agree with you if you said that emergency fund is optional when getting started. But once you reach two weeks of accumulation then you have to start looking for a way to set up an emergency fund, your emergency fund is what will guide you until you reach your investment goal in case you have forgotten, because if you don't set up emergency fund along the line there's every possibility that you will temper your bitcoin investment some day. And this will happen unexpectedly, so I will advice you don't mislead yourself here.