Quote from: Lembo69 on September 03, 2025, 07:53:26 PM

Quote from: Bd officer on September 03, 2025, 08:34:55 AM

Quote from: Fuso.hp on September 03, 2025, 03:22:58 AM

Now coming to why you should form an emergency fund and what is its use, basically so that your investment is not irregular, that is why many investors form an emergency fund. The use of an emergency fund is when you have a financial crisis, but your investment may be irregular, so that an investor's Bitcoin investment is not irregular during a financial crisis, that is why those investors form an emergency fund with their own extra money and use it later.

Once an emergency fund is used, when the financial situation of the person is normal, then the amount of money that he took from the emergency fund and invested in Bitcoin can be added back to the emergency fund. This way, every investor will not have the possibility of irregular investment. Since I have used an emergency fund, I know that this is a really effective strategy for investing in Bitcoin consistently.

In fact, even if you don't invest in Bitcoin, it's important to create an emergency fund. Emergency funds are created for urgent needs, you may get sick at any moment and you will need money if you are sick, so if you have emergency funds it will not affect your investment. Maybe some investors reserve emergency funds to maintain regular investments, but it seems most investors reserve emergency funds for urgent needs. I personally reserve emergency funds for urgent needs, I do not reserve emergency funds to maintain continuity in investment. I will never buy bitcoins using emergency funds, because investing consistently in bitcoins is not mandatory.

Many kinds of worries and worries eat away at us in our lives. An emergency fund is to save us from these frustrations and worries. Having an emergency fund will reduce a lot of stress in your life. Suppose you are a worker and your leg is broken in an accident, then you have no income, at that moment your emergency fund will be by your side like a trusted friend. And you can be a little more relaxed. Apart from investment, emergency fund is very important in a person's life. People make wrong decisions more often, once in anger, twice in (sadness) in times of trouble or instability.
Such and bad times come in a person's life, due to some accident, he has to sell his land and property. If he has an emergency fund, then he does not have to take such steps.

Many people do not understand what to do in an emergency. Then they may sell their investments or some of their valuable things. And after losing them, they start regretting why they did not keep an emergency fund. Therefore, it is important to keep an emergency fund even if it is to free your life from frustration in advance. Having an emergency fund is as important as having an umbrella for rainy days and a blanket for cold days.

Everyone who has a regular income tries to save some money even after spending it and deposit it as savings. So that in case of any kind of future danger, they can solve it with that money. Or many people save it for their own safety when they will not have a job in their future life. But in the case of investing in Bitcoin, there is a difference in the concept of emergency fund. Because in the case of investing in Bitcoin, it is always the best way to invest with discretionary income. As a result, even if that money is lost or if Bitcoin is invested for a long time, there will be no problem in their personal life. Emergency fund and reserve fund are created to run this Bitcoin investment for a long time. So that if there is any kind of financial problem during the investment, they can solve it by taking money from the emergency fund and reserve fund. As a result, they do not have to sell the Bitcoin they hold.