Honestly anyone investing in bitcoin should know this and also separate their money into different category.
Managing to survive in the market volatility is a lot easier when you got money stashed for your emergency situation, so you won't be those kind of people who panic sell and become a paper hand.
This is exactly what I did when there were many dips before the big rally comes in, since I stashed money for emergency fund I can just ignore the dip or buy it even, and then move on.
As a result, I still hold my BTC all the way until now and will still be holding it for years.
That is a bold take, and I respect the conviction, but full exposure without any safety net can backfire for most people. Not everyone can emotionally or financially handle selling BTC at a loss in a crisis. Holding some emergency cash isn’t about fear but it is about being able to stay in the game long term without being forced out.
Yes, timing dips is ideal, but it is hard to predict consistently. A balanced approach, majority in BTC, but some liquidity for life’s unpredictables,helps you avoid panic sells and ride the upside longer. Betting on Bitcoin's future doesn’t mean ignoring risk but it means managing it wisely.....
Not agree at all. Bitcoin may go down, but if you keep some cash on the side just for emergency, then you are not really utilizing that money at all.
The best method is put all your money into bitcoin, and yes if something bad happens you are going to lose a lot of money by selling your bitcoin when it is down. However, if you keep on thinking the bad side, you are not going to make any profit at all.
The best way to move forward would be making sure that we are betting our money into bitcoin going up.
So for example, if you held some money on the side for the past 1 year, you would have lost a lot of profit chances. The best way is to keep all of it in bitcoin, but be smart about it, do not buy all of it when it is all time high, consider buying when there is a big crash.
I get your point, and yes going all in, can amplify gains during a bull run, but it also exposes you to unnecessary risk. Holding emergency cash isn't about being negative, it's about being prepared. Imagine losing your job or facing a health issue during a bear market if all your money is in Bitcoin, you might be forced to sell at a loss. That’s not strategy,that’s desperation.
Smart investing isn’t just about chasing profits, it is about staying in the game long enough to realize them. Keeping some cash on the side actually protects your Bitcoin stack, because it gives you the freedom to hold through dips instead of panic selling.
So yes bet on Bitcoin’s future, but bet wisely. Risk management is part of the strategy.