Frequently, I suggest that 3 months minimum is the target Emergency funds level that we should strive to reach, even though I also suggest that it could take some guys quite a bit of time to reach such 3 month target levels (maybe a year or two), especially when he is first building up his bitcoin investment.. so in those circumstances, he might be building up his bitcoin investment and his emergency funds at the same time.... and then once each of them has reached 3 months of expenses, then perhaps at that time such guys might start to invest into our bitcoin more aggressively, even though surely some guys might also want to continue to build their back up funds beyond 3 months, which would be reserve funds and have more flexibility in how reserve funds are used... So there are ideal standards and there may well be things that guys might choose to do in regards to both how much back up funds that they keep at any particular time. which their own income and expense circumstances can justify how they keep their various back up funds and for what purposes they might designate the tapping into such back up funds and/or the building back up of such back up funds after they have been tapped into.
Three months or more is definitely good number for emergency funds, one thing people need to understand is we cannot have a perfect emergency funds saved because there are some emergency situations that will eat up even a one year emergency fund budget, hopefully we just don’t get cut up in it. So trying to have a perfect emergency fund will definitely be almost impossible so trying to keep excess emergency funds will just be taking way too much time for accumulation of bitcoin so for me I agree with the threshold of three months to six months and while doing that little amount should surely be getting into bitcoin too. Because one of the most obvious mistakes we make today is that we keep hold of purchasing bitcoin while trying to have everything perfect first before buying and this actually makes one to miss out on some good buying opportunities. Investment in bitcoin can be gradual just like one taking off negligible amount from his income to keep for his pension I think such can be done for bitcoin too pending when the time for aggressive accumulation will come.
I will only be talking about the highlighted words, when investing into Bitcoin, for consistency of your accumulation, discretionary income is greatly needed, not source of income as you claim, because their are so many folks out there that have a source of income but still can't figure out their discretionary income, so the ideal word you should be using when talking about consistency is discretionary income not source of income.
Income or no income with ever growing responsibility that we shoulder today most especially with the our money losing purchasing power we will definitely never be free to say this is the perfect time to invest into bitcoin. You don’t necessarily need to have permanent source of income to start investing into bitcoin, any form of income even if it is not constant one should actually take some out after clearing the major needs to invest it into bitcoin. It all boils down to what extra wants we can actually sacrifice to use the money meant for it to buy bitcoin. Many think this is only possible with having a permanent source of income but it is not.