Quote from: Emjay24 on Today at 04:50:01 AM

Quote from: TokenTikas on Today at 03:16:54 AM

Quote from: JayJuanGee on August 20, 2025, 01:29:14 AM

If we end up spending our income prior to accounting for expenses, then when we have expenses that are due, we either have to spend from our back up funds or we have to spend from our bitcoin, and so we are trying to prevent situations in which we will have to spend from our bitcoin at a time that is not completely of our own choosing, and so we sometimes could make mistakes which provides greater justification to have various back up funds.

This happened before, I sold my some bitcoin when I was in trouble. Although I thought there was no bigger problem than our trouble then. I sold my some bitcoin, spent my bad time in daily life, and got rid of the danger. However, I agree with you that we must have a backup fund in addition to investing in bitcoin. Although Bitcoin investment also works as a backup fund for us, if we have another fund, we will not have to sell bitcoin anymore and will be able to continue investing for a long time.

Your bitcoin investment should never serve as a source of backup fund for you, it is a bad practice to see it as such. You should build out your backup funds to protect your investment from being tampered instead of seeing your investment which should be held for a long term for future profits as a backup fund.

Yeah, using Bitcoin as some kind of backup fund is honestly the quickest way to mess up your own plan and stack.. Life will always throw unexpected bills at you, and if you do not have cash saved somewhere else, you will end up selling your Bitcoin at the worst possible time. That is literally how people ruin years of stacking in just one panic sell.

The smarter move is just to keep a separate emergency fund or whatever you are comfortable with, so your Bitcoin stays untouched. That way, no matter what happens, your stack keeps growing for the long term, and you would not be tempted to dip into it. Bitcoin is a long game…