It can be surprising how much more empowered a guy will feel to have various back up funds, and surely a guy has to be careful not to overdo their back up funds also. I heard some guy talking about having several years worth of cash, and surely that can be an overreaction in the other direction, even though the larger that a guy builds up his BTC, then the more likelihood that his cash reserves are going to build up too.. which becomes more of a justification for diversifying some of the cash reserves so that they are not losing so much value, even if a guy might well want to keep them in some variation of cash or something that is more liquid and/or less volatile than bitcoin... so if some of the back up funds get to be more than 6 months of the value of expenses, then there may well be some reasonable inclination to keep such back up funds in other assets and/or currencies that still might be somewhat liquid yet not as likely to be volatile in the same direction as bitcoin.
You are right. Having backup fund gives an investor a sense of empowerment because it gives them a sense of control over their future Bitcoin holdings and the ability to deposit more. For new investors, it can be a bit confusing to determine the amount but it is actually a simple matter such as having at least three months of backup funds. I was also enthusiastic about keeping this amount higher at past and was recommending others to have a six month to one year backup fund, but your advice has changed my mind and I realize that keeping it for more than three months may not be reasonable for me because if I keep the equivalent of three months and use the remaining money to buy Bitcoin it will be more positive for me and will increase the size of my portfolio in the future. Yes, you can consider keeping liquid money in your financial stability, I was previously in favor of having excess liquidity but now I think that keeping Bitcoin would be more promising.