Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Lidger
on 03/10/2025, 06:17:42 UTC
[=laspol65 link=topic=5132720.msg65867366#msg65867366 date=1759312581]
 
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.


While am struggling to really understand your point the fact is that it is wrong to invest with your emergency funds and there is no smartness in doing this at all it is called an emergency funds for a reason which means it has to be ready for the real reason of it's purpose, you sound as if you know when emergency will happen, nobody knows when this will happen and the level to which it will happen investing it is risky and it is not a good thing to do and is a total bad idea and advice if you ask me.
it is wrong to invest in bitcoin using emergency funds. There are times some people may think that they can be able to replace there emergency funds before an emergent situation, however no one can tell when an emergency will occur I believe that's the reason behind the name emergency funds. Using it for other purposes other than the purpose it is meant for is a very big mistake and I do wonder while some people will make the mistake of using there emergency funds to invest instead of there discretionary income.
Investment is important for us, but creating an emergency fund is not important for us. If the matter is such that we try to create an emergency fund to make continuous investments or to ensure continuity of investment, but while creating this emergency fund, our investment is hindered, then that emergency fund works against our investment. Investing by creating an emergency fund is a much later matter, those who have a lot of income can think about this issue, but those who have a limited income and have a little money left to spend on their family do not actually have any opportunity to create an emergency fund and when they are motivated to invest and when emergency funds are discussed with them, they are confused that if they cannot create an emergency fund, they will not be able to hire consistently, which will have a bad effect on their investment. Those who are investors should focus only on investment, try to expand your income to make your investment continuous. When your income expands, your investment will already be continuous, so there will be no need to create an emergency fund.