Well, basically this is very important that having an emergency fund is very important for a Invest. When you invest in Bitcoin at a fixed price and then if the market falls, you can use that emergency fund for any necessary purpose. It is important to collect an emergency fund before buying Bitcoin, it will always be a good plan for yourself and it can benefit the investor in any bad time. I think such a plan would be a good step for real investors where they invest according to a percentage, save some percentage and leave some for an emergency fund. Many times this emergency fund is very useful to deal with emergencies, every person should have such an emergency fund plan that will always benefit them.
I disagree with you and I think you are completely wrong here. Because the use of emergency fund has nothing to do with the price of Bitcoin. Although the price of Bitcoin falls. Regardless of the price of Bitcoin, it is important to have an emergency fund ready so that you do not have to touch your investment funds in case of an unexpected emergency. It does not matter whether the Bitcoin market is falling or rising. You should not even wait for an emergency fund before buying Bitcoin. An emergency fund plays an important role at any time as a preparation for a real-life crisis. Even if you do not have an emergency fund already, you can still buy Bitcoin and continue to invest. Because, an emergency fund becomes very important after you start investing. Waiting for an emergency fund before starting investing is nothing but delaying investment and delaying investment even when you have full capacity will not be wise.
- So use an emergency fund at the last moment of emergency and keep your investment intact.
- And don't wait for an emergency fund before buying Bitcoin.
- ]Let your emergency fund be part of your post-investment plan.