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i have practicing having emergency fund with my investment and outside my Bitcoin journey i have been make sure that my emergency fund is always available to cover when the needs arisess, i really appreciate some of the forum topics because they really help me to build up the better me today.

Emergency funds is not to take care of our needs when they arises, rather emergency funds should be kept aside and should only be used to take care of real emergency(unforeseen circunstances) when they arises. Example of real emergencies are lost of job, critical accident, the roof of your house blown off by storm. You have to solve any of this problem when it arises, otherwise, it will lead to more damage.

Your income should be what is used to take care of your basic needs and that's why you must first sort your basic needs and monthly expenses first after you have recieved your income, so that, you can know how much is left as your discretionary income.

Yes, emergency funds should generally be used for emergency purposes. If someone tries to use it for his daily work without doing so, then he has not gained proper knowledge about the use of emergency funds. People love to spend their income after it is earned. But if he spends money at the time when he is supposed to save for his future, then he will go through a very bad situation in the long run. An earner must save a part of his discretionary income and another part for regular savings and so that he can be protected from any unexpected danger. By doing this, he will be able to complete his investment-related tasks smoothly.

One of the more straight-forward ways to think about Emergency funds is that whenever there is a shortage in income as compared with expenses, then emergency funds can be used to make up for that shortage. However, if a person has other funds, such as reserve funds (other form of back up funds), then he might choose to use the other backup funds prior to tapping into emergency funds, since any time the emergency funds are drawn upon, there should be a priority to replenish such emergency funds as soon as possible (practicable).

If the money shortfall is drawn from some other source, other than emergency funds, then whether to replenish such used funds and/or the urgency regarding such replenishment of such used funds would be optional.

The emergency fund should be used primarily to cover the expenditure shortfall, but it is better to keep it as a last resort. If you have some savings account, investments, then it is better to use them first. Otherwise, the risk increases in a critical situation. This fund will be the main support in case of a major crisis and the risk of taking unnecessary loans will be reduced.