Quote from: POPOLUV on Today at 08:30:58 AM

Quote from: ejikeme24 on July 09, 2025, 11:39:17 PM

Quote from: Ojima-ojo on July 09, 2025, 08:44:34 PM

Building an emergency fund before Bitcoin investment is a kind of security for you Bitcoin portfolio a d DCA jurney, because by having that emergency found, you will not have any pressure on your Bitcoin investment and that way, regardless of your overall income and cash flows you can comfortably buy and hold Bitcoin for long term.

Setting up emergency fund is supposed to be considered the right way to approach bitcoin investment, even if surely most people may not consider it necessary when getting started. But I still feel that our emergency fund need to come first before any other thing, because getting started with the hope of setting up emergency fund along the line seems very risky as we don't know when emergency issues will poop up.

Quote from: Ojima-ojo on July 09, 2025, 08:44:34 PM

A lot of newbies in Bitcoin investment have made the mistake of buying Bitcoin when they have no emergency found or even not having a good stable income to hold Bitcoin comfortably without exchange them when they hard pressure.

This is the reason why newbies need to learn from the starting, a newbie is supposed to know the right step to take to avoid going with the wrong approach. because most of the newbies weren't told about setting up emergency funds as most people are only interested in forcing newbies into bitcoin investment when they are yet to get the besic knowledge about bitcoin investment, this is the reason why I don't blame most of the newbies who have been going with the wrong approach because most of them can not be wise enough to make research to know more about how bitcoin investment works but they will be naive to accept whatever thing they're being told witout giving it a second thought.

I disagree with you with that word that you just used by an investor being busy forcing a newbie into Bitcoin investments without telling or teaching a newbie all about Bitcoin first, i want you to take back such words because no investors that will very busy forcing anyone or any newbies to embark into investments without teaching the newbie the basic knowledge that is associated when it comes to Bitcoin, and every investors knows that newbie is just like a laying a foundation of building and the process in the foundation is lay well at very start it end collapsing, which means that for every newbies that is been introduced into Bitcoin should be preparely guide and need to know how Bitcoin works even if it took such weeks in just learning all about Bitcoin, that should be a very good start for every newbies that is up coming.

To actually plan ahead of something before going into it always yield to good results, like saving up some funds before investing on Bitcoin will save you a lot of stress and relief you of some pressure like maybe you are having a project at hand that you mind is more focused on then the idea of investing on Bitcoin comes up I think you won't have to be worried about how you cope with the project at hand and funds for the investment you can easily fall back to your savings for the Bitcoin investment while you're pushing your projects and it call plan B and it really works.