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.
If you are able to spare your emergency funds then your Bitcoin investment is safe for long term. Because in case you need any cash to meet emergency requirements then you won't touch your Bitcoin investment. We need to be very clear about the fact that bitcoin is one of the best thing to invest if you can hold it for 5 to 10 years. Emergency funds along with discretionary income are part of our Bitcoin investment strategies and must be kept in mind while planning bitcoin investment strategy. Having discretionary income help you in buying Bitcoin at regular intervals or lump sum without touching your monthly salary.