Quote from: Kagaru on Today at 04:30:51 PM

Quote from: Merit.s on Today at 03:03:30 PM

Quote from: POPOLUV on Today at 11:48:51 AM

Investing with your emergency fund is not a total bad idea at all because after you have might paid all your bills and the money remaining becomes your discretionary income and inside that your discretionary income you can still generate out your emergency fund and started investing in the last 6 months and think you to invest using your emergency fund so that it multiple more income since you are not using it at the main time, you can invest with the emergency fund and tage it emergency fund which means it can be pull out if incase of unforeseen circumstances that might happen, so the reason why we should invest emergency fund is to back your really investment incase of anything, so you can decide on what to do with your emergency fund as per dividual convenient or best know to you, if actually you needed your emergency to in cash but left with me, i will say that once you progress with your Bitcoin portfolio that there are always a need to invest to have emergency fund.

I find it difficult to understand everything that you said in your post because you are mixing up your words and giving the wrong use of an emergency funds. Emergency funds should only be tampered with when there's a real life emergency and not to use to buy bitcoin. Your discretionary income is what you should use to invest into bitcoin continuously and persistently overtime.

What if you use your emergency funds to buy bitcoin and the next day, you are hit with real life emergency, you will have no option to sell your bitcoin at loss, if the price dips below your entry point. Any investor that uses his emergency funds to buy bitcoin and neglect the importance of emergency funds is only gambling and not investing because you will definitely sell your bitcoin when you are hit with real life emergency.

You cannot use your emergency funds for whatever thing that you like because it's not flexible. Your reserve funds is what you can threat like that because it's flexible. It's also wrong for you to believe that a real life emergency wouldn't occur because you don't know what will happen in the next minutes which is the reason why an emergency funds is very important to be on ground at all time provided that you are still accumulating bitcoin.

It takes up to a year and more to build an emergency funds of three months of your expenses, if you exhaust your emergency funds how will you cope with your bitcoin investment. Don't involve yourself in a practice that will make you start reducing the size of your bitcoin portfolio instead of increasing it because that's not the goal.

Setting aside an allocation for Bitcoin is the right risk management. Because if you don t have a way to survive before investing, you will have to struggle to cope with losses before you can make a profit. In my opinion, investing with an emergency fund is often called using extra cash , but in reality it often turns into a gamble. Because market movements are never under our control, but living expenses and urgent needs have to be dealt with immediately.

I would rather say that if you think your emergency fund is lying idle, you can put a small portion of it in liquid, low risk assets, such as a high yield savings account or short term bond fund. This at least keeps the capital intact and also generates some income.

I think I agree with you on this, I have an emergency funds that has been on my account for some time now and I have not touched it and the bank is taking their changes from the emergency funds, I have already decided to start lending the emergency funds out and then when those that borrowed it are paying back they are paying with interest and in other to protect my money if I'm lending you the money you most drop a sellable property that is worth that money or even worth more of that money that I can sell and recover my money when the date of repayment expires.
Because keeping that my emergency funds in a bank that will be deducting my money or in the name of bank charges is something that those not make sense to me.
Some set of people will ask what if an emergency happens immediately I borrowed that my emergency funds out how will I solve it, well I will simply borrow and solve it then when get my money back I balance things up.