As a long term bitcoin investor, the importance of the Emergence funds can not be over emphasized because it’s very essential as it plays a very important role towards helping you achieve your aim to reach your long term goal of consistent accumulation of bitcoin and hold without panicking to sell. At such, creating an emergency funds for your bitcoin investment is not a matter of weather an investor wants it or not, it’s a thing of top most priority for every long term investor to have, even though it’s not mandatory you must have the emergency funds before you can get started in accumulating bitcoin, you must make sure to create an emergency funds alongside while accumulating bitcoin, if not you’ll tend to selling off your bitcoin holdings when in an emergency situation that requires money to solve and at end it will end up jeopardizing your bitcoin investment totally.
So, it’s not just a matter of weather an investor wants the Emergency funds or not, I seriously think is a matter of must have.


I disagree on this statement because it’s not a good idea to use the Emergency funds to invest in bitcoin simply because you ran out of cash to use and accumulate bitcoin. What you only need to invest in bitcoin is your discretionary income and not your Emergency funds. The emergency funds is a fund kept separately for real life threatening financial problems and at such it should meant to be used for the purpose which it stands for and the main reason of the emergency funds is to enable you easily access cash during when in an emergency situation and this emergencies happens unexpectedly. Now, using this money meant for an unexpected event or situation to invest in bitcoin which is highly volatile, there’s every probability of risking your money to some extent of loss and when the time comes when you need the money for an Emergency it won’t be there anymore and even if it’s there you might be forced to withdraw at a huge loss so early there by affecting your long term goal of investment.