but I think the part that might confuse people is how you separated emergency funds from reserved funds. In financial planning terms, they are usually considered the same thing that is cash set aside for unexpected needs. If we start introducing another layer like reserved funds, it could give beginners the impression that they need to maintain multiple categories before they even think about Bitcoin, which might not be realistic for most people.
What actually matters is exactly what you pointed out, is that Bitcoin investment should come only from discretionary income, not money that is supposed to keep you afloat during emergencies. The clearer we keep that line, the less chance that people will end up mismanaging their finances in the name of stacking sats.
Emergency funds and investment funds are created for completely different purposes so they should never be mixed together. Emergency funds are mainly kept to deal with sudden job loss, medical expenses, or any other unforeseen situation. Therefore it should always be kept in a place where it can be easily converted into cash and there is no risk of market fluctuations.On the other hand, the money that should be used to invest in bitcoin should be the money that even if lost, your financial position will not be damaged, which is called excess or discretionary income. If someone invests in bitcoin with an emergency fund and the market falls, then it will be difficult to withdraw that money if necessary and will be in great financial danger. Therefore, it is necessary to keep a clear separation. The emergency fund will be in a safe and risk-free place, and bitcoin will be invested only with excess money. If you follow these boundaries, it will be possible to invest while maintaining financial security.
You yourself are mixing up the emergency fund and the reserve fund. Due to the difference in work, there is no need to spend from separate funds. A person can have savings beyond just the emergency fund and the reserve fund. The point is that a person who has started investing in Bitcoin. If he faces financial problems during the investment, then he will first see if he can solve the problem with the money he has. After that, if he cannot solve that financial problem, then he will use the reserve fund. If after that he needs more money and the reserve fund runs out, then he will use the emergency fund. He will solve his financial problem by taking money from there. But in fact, it is seen that the problem of the assumption that requires less money is solved from the reserve fund, but when it comes to a lot of money or he loses his job, he has no income. In such a situation, after a few days, the reserve fund runs out and then he starts using the emergency fund. The emergency fund is kept as a last resort.
And I think the main purpose of holding Bitcoin is for future security. So if there is a bad situation in life where it is seen that he or his family members will need a lot of money for some medical treatment which is not being done even with the reserve fund and emergency fund. Then he will solve this kind of problem by selling Bitcoin as a last resort.