So it's best to take the time to build up an emergency fund and gradually enter the Bitcoin market with the extra money.
A new investor does not need to wait and build his emergency funds of at least three months of your expenses before he can start his bitcoin investment with his discretionary income. That will be a misplaced priority and a waste of time because you will miss out the opportunity that you should have used in building up bitcoin portfolio to a certain level while you were waiting.
Waiting is never a strategy and as a brand new investor or a low coiner you should avoid any practice that will keep you waiting when you can buy bitcoin right away with your discretionary income. It's good to start your bitcoin investment immediately, and leave the no coiner zone early rather than waiting in the ball park.
If you have your discretionary income ready, you can share it into two parts. Use one part to invest in bitcoin through DCA and buy every week, while you use the other part to start building your emergency funds along side with your bitcoin investment till it reaches three months of your monthly expenses. Building your bitcoin investment simultaneously with your emergency funds is the best for anyone who wants to start his bitcoin investment without any availability of emergency funds.
I agree with your analysis. Waiting is not always the right strategy as a new investor. You mentioned that it is really important to get out of the no-coin zone very quickly. But this may not be acceptable for everyone. Because everyone's earning capacity is different. Again, everyone's needs are different. Those who basically spend 80 percent of their income on basic family expenses. If they start investing without creating an emergency fund and suddenly their expenses increase and they fall into a financial crisis or disaster, they will not be able to maintain their investment. This will not maintain the long-term normal rules of Bitcoin. If they cannot maintain their investment until their desired time, they will suffer more financially and mentally. And Bitcoin investment rewards those who can maintain their investment for the long term.
Bitcoin investment does not mean that you should immediately abandon everything and focus only on investment and take a share of the profits very quickly. Rather, I think that knowing the right strategy or making the right decision to maintain that investment for the long term is the most important thing.