Quote from: Loyang on Today at 09:53:46 AM

Quote from: Solokan on August 14, 2025, 03:11:13 PM

we must also have an emergency fund, whether it's setting aside an emergency fund before buying BTC or saving for it at the same time as we buy BTC. And of course, this emergency fund must be increased over time, because if it isn't increased, our long-term BTC investment could be at risk of being sold and ultimately failing to achieve a profit.

After investing, we definitely need an emergency fund. There are many people who have worked for a long time and have saved a lot of money. If they want, they can use some of the money they have saved as an emergency fund and start investing. But those who do not have any saved money can create an emergency fund along with investing if they want. For example,

*You invest $50, from that you can keep $20 for the emergency fund, and you can invest the remaining $30.

*A person should remember that it is very good to keep 3 times his stable income in an emergency fund or 3 times his monthly expenses in an emergency fund.

Many folk are indifferent to emergency funds in long term investments because they think that when that situation arises in the future, they will solve it through immediate decisions. Investors should understand that emergency funds are needed to keep the investment safe and long term. It is reality that emergency situation may come and may not come. If it (emergency need) does not come then you will have extra funds stored for you in the form of extra funds but if it comes during the investment period, it will be a huge financial backup for you.

Imagine that an emergency may arise at a time when the size of your holdings is not yet decent and you are accumulation regularly with a target of 4-10 years in mind. Withdrawing investments at that time can also have a negative impact on you. Keep an amount of funds that can be kept as a backup for at least three months for emergencies. Also, your financial situation may change in various ways, so having extra funds will benefit you overall.