...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.
Ruttoshi knows how important emergency funds are for Bitcoin investors and the role they play for Bitcoin investors to hold their Bitcoin investment for a very long time. Ruttoshi isn't discouraging investors not to set aside their emergency funds; Ruttoshi was advising Xhowdhury that "there is no need for him to build an emergency funds to protect his Bitcoin investment when he doesn't have any Bitcoin investment because there is nothing he would protect." Building an emergency funds first before you start investing in Bitcoin isn't appropriate because it is time delaying, which you could have used to accumulate Bitcoin. If you are guaranteed of discretionary income, there's no need for you to build an emergency funds first; you can start your investment right away. Then after you have spent 1-2 months accumulating Bitcoin, you can start building your emergency funds gradually so if you have any emergency, you can freely sort it out.