Quote from: Umulala-alala on Today at 05:12:19 AM

Quote from: Proty on September 25, 2025, 08:09:48 PM

Quote from: Ruttoshi on September 25, 2025, 04:04:06 PM

...There is no need building an emergency funds to protect your bitcoin investment when you don't have any bitcoin because you have nothing to protect...

I think this your statement is very wrong. Emergency funds is very important for anyone whether they are investing in bitcoin or not. Since emergency situation like paying of hospital bills, car repairs , accident etc, this are situation that we don't have control over hence there is need to have an emergency funds since since such emergency situation doesn't just occur to bitcoin investors alone. Having an emergency funds before investing in bitcoin will help in protect your assets.

You are the one getting it all wrong here, in bitcoin investment what you should first figure out before making purchases is your discretionary income so what's the need saving for emergency fund when you don't have any discretionary income to get started with, rich folks can make arrangements for their emergency fund and discretionary income at a time it's still not wrong because they have money but for low income earners or no coiner you can started if you don't your emergency fund ready as long as your discretionary income is ready and later get your emergency fund gradually as you are buying bitcoin.

I really don't understand why you guys are arguing when it's been stated severally by jayguangee that discretionary income and basic knowledge is all that is needed to start your Bitcoin accumulation journey, if you have no emergency funds, you can be buying Bitcoin gradually and still be stacking up your emergency funds at the same time from your discretionary income, after a few months when you know that your emergency funds is huge enough to sustain you in three months of expenses, that's when you can stop adding up to your emergency funds weekly or monthly, and use that money that you normally add to your emergency funds and be buying and accumulate Bitcoin aggressively once your discretionary income is available .