Ninjastic
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Scraped on 03/10/2025, 15:55:33 UTC
Quote from: LeyMonte on October 03, 2025, 01:49:33 PM
Quote from: In_cu_bent on October 03, 2025, 01:32:52 PM
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.
If the emergency fund size is large, you can use it to buy Bitcoin. Perhaps, if I am not mistaken, the amount of money needed to meet the daily needs of three months of family members should be kept in fiat form. If you have more than this amount of floating cash that you have set aside for emergency needs, you can buy Bitcoin. In the long term investment market  the price of Bitcoin will fluctuate  and when the price falls, buying more is a sign of a good investor. Some investors may be interested in keeping the emergency fund size for more than three months, just thinking that they keep floating cash so that they can buy more Bitcoin during the dumping. In my opinion the amount of emergency fund should not be more than three months. Outside of that, you should keep floating cash for some small emergency needs. The most important thing is to use the method that you find most convenient for you to keep the long -term Bitcoin savingsaccumulation process going, but an emergency fund is only a great way to keep Bitcoin holdings safe.
Original archived Re: Buy the DIP, and HODL!
Scraped on 03/10/2025, 15:50:00 UTC
Quote from: LeyMonte on October 03, 2025, 01:49:33 PM
Quote from: In_cu_bent on October 03, 2025, 01:32:52 PM
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.
If the emergency fund size is large, you can use it to buy Bitcoin. Perhaps, if I am not mistaken, the amount of money needed to meet the daily needs of three months of family members should be kept in fiat form. If you have more than this amount of floating cash that you have set aside for emergency needs, you can buy Bitcoin. In the long term investment market  the price of Bitcoin will fluctuate  and when the price falls, buying more is a sign of a good investor. Some investors may be interested in keeping the emergency fund size for more than three months, just thinking that they keep floating cash so that they can buy more Bitcoin during the dumping. In my opinion the amount of emergency fund should not be more than three months. Outside of that, you should keep floating cash for some small emergency needs. The most important thing is to use the method that you find most convenient for you to keep the long-term Bitcoin savings process going, but an emergency fund is only a great way to keep Bitcoin holdings safe.