If I looking back at myself when the first time I buy Bitcoin, there was no emergency funds, I use my discretionary income to invest in Bitcoin.
The good thing it went well and I don't have to stress myself if the market were down.
Not want to say the new generations should follow my way too, of course, I, as someone who've in this industry for 4 years know if emergency funds was important especially you born from poor parents or have no one who can back up your financial when something bad happen.
Sometimes we get lucky, even if we unwittingly take chances in ways that we had not realized.
Don't you think that really blows hot like you don't own a savings and all you just do is invest all of your discretionary income into uncertainty bitcoin market and not bothered about emergency needs knowing that bitcoin profitablity isn't coming soon neither are you even bothered to sell in the short term? well, some people are really lucky to make ease on the pressure of chasing their dreams. Especially that of finances knowing how challenging it's as an independent person.
I'm sure you made it successful due to leveraging on backup.
However, I believe nomatter how rich we're going to be in life, as wise as thought, as long as we are independent, there's always going to be need to be calculative with our discretionary incomes even while investing, it's important to always consider emergency funds as backup approach because when there's no one to lean on at your needy when your investment hasn't matured for harvest, then you'll have no choice than to panic and disrupts your investment goals. Even when we've got those solid backups, we'll still need that backup savings because those external backup could fail somedays. Life is inevitable and change is constant to humans and nature.