I would really love to hear what y’ll think about this, do you separate your funds like this? Have you ever made the mistake of using your emergency savings to invest in Bitcoin? Let us learn from each other. Drop your thoughts.
This is a long text however I enjoy reading it. I have not made the mistake of using emergency funds so invest in Bitcoin. This is because you are supposed to only use the money that you cannot afford to lose the invest in Bitcoin and that is the most safest option. Emergency fund should be used for that purpose. Using a discretionary fund in cases of wanting to buy the dip quickly is what I would advice.
Exactly man. I think what really stands out is the discipline, not many people can resist the urge to dip into their emergency funds when the market starts flashing buy.
I think a lot of people know the difference deep down, but in the moment, emotions take over. It’s why these conversations matter just to remind ourselves of the bigger picture and stay grounded.
Appreciate you sharing your view.