I don't know the full story of how it happens that someone would sell their Bitcoin to treat a person battling illness, but as long as you're able to solve the problem after selling, it's fine. If you're serious about investing, it won't take long before you can get your Bitcoin investment back. Gradually, you'll be able to rebuild your portfolio.But what I would advise is: don't joke with your emergency funds. Always use discretionary income to invest in Bitcoin.
Money cannot bring someone back from the dead, no matter how rich you are, you cannot bring back the dead. So, if you sell your Bitcoin to treat yourself or someone who is sick, you have done nothing wrong, life is more precious than any investment.
If you have more money, you can continue to save or invest money in Bitcoin at any time. However, the life that was lost will never return, that is why it is normal to use your investment for medical or emergencies.
Youre also right about emergency funds. When we don't have emergency funds, we may be forced to sell our investment at a bad time or for a low price. This is why it's important to have an emergency fund apart from your investment funds.
All we have been toilling for might be as a result of our negligence to doing the right thing, because we can't blame anyone for not being informed of the necessary steps needed in crypto investment and decisions, which is an ultimate requirement for what we acheive in crypto because we are aware of the conditions attached.
We should not be swayed by the fantasy of investing and forgetting to do other necessary things in
cryptocurrency
,which is why we must know what we are in for and what's ahead of us, so that we don't misappropriate funds on what we may not have plan for, which is part of the common mistake some made, all because they wanted to invest, forgetting other conditions.
We are talking about bitcoin in this thread and not crypto because that word can mislead newbies to think that you are talking about shitcoin. Only bitcoin is worth investing in because it has a solid foundation and has a great potential due to her decentralized nature and censorship resistance. The price of bitcoin increases overtime and that's why majority of people who understand how bitcoin works are rushing into accumulating bitcoin to preserve their wealth since it a hedge to inflation
and the price increases overtime.
When you stay crypto, you are referring to those bunch of shitcoins out there which were created to scam people, a lot of them have crashed and put their investors in a big loss. Bitcoin is unique and shouldn't be called crypto, because nobody will know that you are talking about bitcoin since the word is vague.
Shitcoins are gambling tools and not good for long-term investment because it's a waste of time, energy and money. Bitcoin isn't in the same level with shitcoin or similar to shitcoin which is why you shouldn't use the word crypto when talking about bitcoin