. If money for your investment should take 70% of your total income your emergency funds should not take up to 20% because you are not working to solve problems when though you will always encounter problems a long the line.
Planning your Bitcoin investment like this is a clear sign that you have failed before it even started, who would you even contemplate investing like 70% of your total income?
You should only be thinking of investing with your discretionary income, money left after all your basic needs have been met, but if an investment start his Bitcoin investment or decides to invest like 70% of his income in Bitcoin without sorting out his basic needs first, it will not be up to a week before he falls back to his investment just to sorts out some financial needs, so don't ever do that, invest only from your discretionary income, not 70% of your total income, because that's financial suicide.
Conscious application when investing in cryptocurrency is very important even though you are trying as much to buy the dip. A lot of cryptocurrency traders are just buying blinding even when they have little fund to invest in cryptocurrency
As for this, I just want to make a correction, in other not to mislead newbies, stop addressing Bitcoin as cryptocurrency, so that newbies wouldn't get the wrong knowledge and think that Bitcoin is in the same category as Bitcoin.