You are absolutely correct, a wise person won't always depend on the work they are doing to get money rather they will look for something that will keep them financially stable even when there job is not longer there a wise person is always unlimited when it comes to ideas, reasoning, thinking and planing. It is very wrong to depend on a job because you are not the owner and you can be sack any day or anytime, if I should get a job where I'm working now I won't depend on the job rather I will be establishing myself while working in the place and I don't even plan to work for someone till I am old, my plan is once I'm done establishing myself I will quit the job and focus more on my company and some other Investment because if you are working for someone without setting things up for yourself you will definitely go broke once you leave the job.
Savings have been born out of the desire not to depend on work for money. People constantly live their lives with various kinds of fears.
To invest in Bitcoin, you should keep your emergency fund for this reason so that you do not have to sell your investment. From the role of your life to the conclusion, the importance of emergency fund is immense.
True, an emergency fund is what separates a smart investor from someone just gambling with their future, because if you don’t have that backup then any small issue in life will push you to sell your Bitcoin at the wrong time, and that completely will destroy the whole idea of holding long term..
Life will always throw things at you sudden bills and so many and if you’re not prepared for that, you will keep dipping into the money you were supposed to be growing, and that’s how people end up frustrated and regretting later..