Quote from: Barikui1 on Today at 08:49:44 AM

Quote from: Popkon6 on June 30, 2025, 11:17:04 PM

Quote from: Platinumys on June 29, 2025, 06:47:52 PM

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 yourself are confused and are confusing others, if you are a gambler then you have shown signs of addiction. Because by investing in Bitcoin you have to move towards the future in such a way that there is no shortage of the present. You will definitely understand why you need an emergency fund.
Because you are doing your Bitcoin investment regularly according to the DCA method, suddenly you become ill and could not join the work, what can you do immediately? Of course, there is a need for an emergency fund here, an emergency fund is necessary for this, if you have to face any danger, then this emergency fund has to be used. That is why we use an emergency fund so that there is no danger when moving towards the future with Bitcoin investment.

Does he even knows the functions of an emergency funds? Because anyone that knows the functions of an emergency funds wouldn't be talking about it like it's optional, no it's a must if your investment should last through to any time you intend holding it.

Anyone that thinks that emergency funds is not necessary in Bitcoin investment is either ignorant or not serious about his investment because it is what protects your holdings from any unforseen emergencies that may threatens your Bitcoin holdings, but in the case of this platinumys of a guy, I feel that he is not just serious about his Bitcoin investment, he prefers gambling on shit coin than investing in Bitcoin that is more reliable and rewarding on the longer run.

I don't know why they don't see the importance of emergency funds while the fact it can save their life in future emergency situation.

Now I understand why there are people struggle to meet their immediate needs since they don't pay much importance on this. That's why when those critical situation came they breakdown and struggle to find some funds then think about using those funds they invest or borrow money from loan sharks and pay huge interest from the money they borrowed.

Having an emergency fund is essential and they should not downplay its usefulness since everyone of us would provably face difficulties in future and its better that we are ready so that we will not collapse.