However, before investing, you need to remember and create some things. That is an emergency fund.
The Emergency funds is an essential part of our bitcoin investment plan. However, it’s not mandatory that before you start accumulating and investing in bitcoin you must have an Emergency funds, not having an already established emergency funds shouldn’t stop you from getting started in your bitcoin investment journey as you can always create an emergency funds along side while accumulating bitcoin. The most important thing is for you to be able to figure out a discretionary income to use and accumulate and invest in bitcoin to hold for the long term goal, and as time goes on you can be able to set some money aside for your emergency funds which will help you to keep your bitcoin investment afloat and not tend to selling your holdings for an emergency situation that requires cash to solve.
So buying at any market price without waiting for the market downturn will be negative.
I don’t seem to get what you mean by negative in buying at any market price. Because in my own experience I’ve got to understand that when you’re consistently accumulating bitcoin without waiting for the market downturn is a really good approach towards helping you to gradually build up your portfolio and of course yield a positive impact in the future of your investment. Waiting for a market downturn before you accumulate bitcoin will only result to some negative impact in building up your portfolio as it will generally slow you down and you might end up not being able to continue your investment.