You are very correct, having that financial structure in place, cash flow habits paired with intentional investing really does shift everything. the emergency fund might sit quietly but it is presence gives you the confidence and freedom to take calculated risk elsewhere it is like building offense and defense at the same time.
The thing is that you can still invest without being financially stable . The difference is that folk that are not financially stable investment won’t have same pace with those that are financially stable and stuff . Those with rough cashflow can choose to invest as aggressive as they please because they have enough sources or their sources is enough to cover it up or handle it , so having enough cashflow is very big advantages when come to investing in bitcoin , but still you can still manage if you are not stable financially.
The DCA method is the best for every Bitcoin investor, I would like to add something to the information you have given. Because if Bitcoin can be invested according to the DCA method, then it is definitely possible to be successful and it will be possible to hold Bitcoin for a long time. However, we will give more importance to income or income, just as much importance should be given to Bitcoin, the more income sources, the stronger the Bitcoin investment, the more long-term and aggressively it will be possible to buy and hold Bitcoin.
For this reason, income is very important for us to buy Bitcoin, but investing in Bitcoin is as easy as it is to sustain. Because sometimes we have to face danger in the long run, it is very important to use emergency funds to counteract this danger.
We all know that DCA method is a very good method, but there are many who prefer to buy Bitcoin from the dip market. For example, a few days ago the Bitcoin market was dumping and went down to $107,000, and those who were able to buy Bitcoin from that dip market are currently experiencing fairly good success.
So investing in the DCA method is good, but it is even better if you can invest from the dip. I had some emergency funds, I have been accumulating my funds for quite some time, I was expecting a lot of dumping but there was not much dumping. I was hoping in my heart that if Bitcoin came close to $100k or even below, then I would buy Bitcoin from there, but it did not come to that level, but I bought from the dip market a few days ago, and currently I am experiencing a lot of success, so I say that buying from the dip market leads to a lot of success for every investor, but if you cannot wait for the dip market, then you can invest continuously using the DCA method where you do not have to wait for the dip market.
You have complete freedom on how you invest in bitcoin. You bought Bitcoin with your emergency fund when you thought the price of Bitcoin was relatively low. A few days ago, the price of Bitcoin was $107,000. Then you bought Bitcoin with your emergency fund. Later, if the price of Bitcoin had decreased much more, you would have regretted it. Here is another thing that could have happened when you bought Bitcoin with your emergency fund. If, for some reason, you have a big financial problem, then if you cannot solve that financial problem with the money you have and the reserve fund, then you will be forced to sell Bitcoin at a lower price than before because at that time you have no emergency fund. In this way, you will suffer losses.
I noticed another thing that you are talking about investing in the DCA method at the same time and are encouraging people to buy in the DIP. This will make those who are new to it excited. Because the way you invest in the DIP can result in a lot of profit or a lot of loss in a short period of time. And it becomes a kind of gambling.. Now the emergency fund may be there for years and years. This does not mean that you should buy Bitcoin with it when you get the opportunity. If you have an emergency fund, you feel mentally strong inside. Since the emergency fund is a reserve fund as a back-up, the DCA can be done aggressively. As a result, Bitcoin accumulation is faster. And there is a possibility of getting more Bitcoin in a short time at a relatively low price. Because the price of Bitcoin will continue to increase as time goes by.