I find it difficult to comprehend everything you have said here but if i may get you correctly you are trying to say that one can invest his emergency fund which is a very wrong way to invest, if you use up your emergency funds to invest then when you have money matters that requires urgency how will you get money to attend to it, are you going to sell part of your holding to sort it out? it is totally a very wrong idea to invest your emergency funds because it must remain in fiat so that anything money issues that requires immediate attention like health issues, you will use that money that you have set aside in case of urgency to manage such situation. Never you go with the idea of investing your emergency funds along if not you will end up selling your bitcoins too soon when urgent needs arise.
The two points you have highlighted are indeed accurate.
In fact, our emergency fund should not be used for any investment purposes. When the emergency fund is used for investment, if we later need money for an emergency and do not have it in hand, we will have to invest and sell the bitcoins that were in the holding. For this reason, I also never use the emergency fund for investment as it is best to reserve it for unexpected emergencies that may arise in our daily lives. sincerely speaking emergency fund, is not the fund we should be investing in bitcoin, the fund we be investing in bitcoin should be coming from our discretionary income. Because when we invest in bitcoin with our emergency fund and emergencies arise there will be no emergency fund to handle those emergencies which can lead to early selling
of our bitcoin investment
. in lost just to handle emergencies, Let's not invest wrongly in bitcoin and endanger our bitcoin investment over nothing.