Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
icebar
on 08/09/2025, 17:54:10 UTC
⭐ Merited by JayJuanGee (1)
so for that money you can break your investment journey, so you first create an emergency fund and invest a small part in bitcoin

Fair enough, no doubt the importance of the emergency funds can not be over emphasized when it comes to our bitcoin investment plan because it really helps to keep our investment afloat as we don’t have to tend to selling our bitcoin holdings when in an emergency situation which requires cash to settle. But it’s not mandatory that you must first create an emergency funds before you get started in accumulating or investing in bitcoin. Not being able to first create the emergency funds shouldn’t stop you from getting started with your bitcoin investment, as you can always build your emergency funds as time goes on and even alongside when accumulating and investing bitcoin . The most important thing is to be able to figure out a discretionary income so you can get started with your accumulation of bitcoin and hold for the long term goal and along the line you can be able to create your emergency funds and remain consistent with your accumulation so you can achieve a significant level of success in your bitcoin investment.

Do you think about those who are government employees or dependent on a fixed salary, it is important to raise enough awareness to invest in them, because it may be that they are the main earner of the family and their family depends on them, if a member of their family suddenly falls ill where he has to spend a lot of money, then he may have to sell Bitcoin to meet that money, but here he will get financial help to heal his family member.
Whether a person is a government or private employee, if he deposits a certain amount of his income in Bitcoin, especially a part of his discretionary income, and also creates an emergency fund as a backup for a few months, then I think there is no barrier for him to hold Bitcoin. He can increase his Bitcoin deposit without long-term pressure. There are many people who have lots of money but cannot hold Bitcoin, while those who have good ideas can make long-term investments regularly with a small earning.

While it is necessary to have an emergency fund to invest in Bitcoin on a regular basis, it is not necessary to do so before investing. You should start investing early. In addition, you can create an emergency fund for a maximum of three or four months to ensure that your investment is not interrupted, which can be used for emergencies.