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Quote from: ZeroVinsonN on September 25, 2025, 10:59:40 AM

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Quote from: Xhowdhury on September 25, 2025, 06:26:17 AM

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.

People's income and expenditure are not fixed. Some people have much less expenditure than their income and some have much more expenditure than their income. However, normally those who have a discreet source of income may have an expenditure of 70-80 percent of their total income. The money left after expenditure is basically discreet money which is needed for investment.

Now, there is no need to deposit this discreet money in the emergency fund at the beginning, especially for investment. Because your investment fund has not become valuable yet. So there is no need to pay much attention to the emergency fund at the beginning, rather you try to pay attention to investment at the beginning. Emergency fund becomes important for you after starting investment. If your discreet income is very high, then you can also focus on building an emergency fund along with investment. Remember, there is not much need to buy rope before buying a cow. So delaying investment to build an emergency fund will not be the right thing to do.

These isn't much difference between people who are building up their emergency funds instead of investing and people who are trying to understand and know everything about bitcoin before investing, at the end of the day both parties are wasting valuable time contemplating on irrelevancies, at the end of the day building an emergency fund is important but you should not be doing so at the expense of you bitcoin accumulation, instead do both side by side, the only reason a person bitcoin accumulation should be delayed is if they do not have the discretionary income to continue investing, in situations like this it's best to first put your financial standing in order so as to avoid having to sell too early.

I will never be in favor of delaying investment for anything, first of all you have to start investing, if you have discretionary income then start investing immediately and then prepare everything, all the necessary things including emergency funds, but start investing first, investment is a long-term asset, it must be held for the long term, but where you suddenly need money unexpectedly, but then if you do not have emergency funds, then you will be forced to sell at the worst possible time, and that will be the reason for your Bitcoin investment failure. So creating financial stability is also very important and taking the necessary steps to keep the investment safe, but first of all start investing.

As long as you have your discretionary income available then you have no reason to delay your bitcoin investment, since there is no practical advantage to delaying one's investment plans, but if you don't have a discretionary income then delay your investment until you've set yourself up financially, this is because without a discretionary income any investment made would be made by sacrificing an essential need, what exactly do you plan on sacrificing?? Your feeding?? or your accommodation if you are paying for it?? or basically any other essential you need? After considering all of these, you then realise that bitcoin investment is only possible if you have a discretionary income available to you and this can only be available if you have settled all of your essentials first.
So as long as you have your discretionary income available to you then you have no practical reason to delay your investment, but after paying for your essentials you end up having nothing left, then you don't have anything to invest with, in a situation like this one, you are expected to build up your finance to a point where you have a discretionary income available to you first, after which you can start investing.