Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Odohu
on 06/07/2025, 14:33:55 UTC
Friend, it seems like you don't understand what I mean, because the important point I want to convey is which is safer to do when investing in bitcoin. Because having an emergency fund before investing in bitcoin is not wrong in my opinion. Because you need to know someone who does not have an emergency fund in his life,

Wether having an emergency fund before you even think of investment or starting it when you have began to invest there is no difference because they all matters, although some will say having before starting is the best and i will also agree to that because if you were able to have $3k as an emergency fund do to how long you have been adding some amount on it considering the irregular price nature of things it will definitely help you because as you have now started the investment you will no longer be thinking about sending money on the emergency side because you already have a large size of emergency so you will now have a full concentration on your Bitcoin till you see that your emergency is beginning to drop before you can start sending some funds on it again.
I agree with you Salahmu regarding emergency funds, your comments shows you really understand and appreciate the need of an emergency funds in Bitcoin investment. There is no point twisting when and how emergency funds should be set up, what is paramount it setting it up from the discretionary income before starting, while already invested, just any moment. It is not as if one must set up emergency funds before start as though emergency is starting the first day of investing in Bitcoin. I had to make this input because I have read a lot of people thinking you have to work had building emergency funds before buying your first portion of Bitcoin.

The right thing is to get started with investing in Bitcojn and while at it, work out your emergency funds and keep it that simple. The too many other variations summarise to getting invested and ensure you work out your emergency fund to protect the investment.