What you said is true, but I am not in any bad habit that can waste my money. Yes, it is true that I sometimes gamble which I find enjoyable. But I try to invest in Bitcoin along with some of my recent life savings which I have created as a fund. I deposit some amount of money from the amount of salary I get every month in that fund and with some amount I continue to invest in Bitcoin, with the remaining amount I have, I try to meet the maximum needs of my life. But yes, this option is good that we will deposit some amount of money from our weekly or monthly income in Bitcoin and along with this we should keep some emergency savings, because at any time we may need urgent money for which it is very important to have an emergency fund.

Yeah, I think that is one of the silent killers of a lot of people’s Bitcoin journey, going in too heavy without thinking about life outside the investment… The truth is, if you throw in more than you can afford to leave untouched for years, you have basically set yourself up for a panic sell the moment life punches you in the gut. And life does not give you a calendar invite before it happens hahaha…. 

The thing is, Bitcoin is not some get in now, cash out next month type of play… It works best when you can sit through several cycles without touching it… But when someone has no buffer, no emergency savings, and they have overextended, they are almost guaranteed to pull the plug early, often at the worst possible price…. That is why I have always believed it is good to be intentional about balancing your financial foundation in as much as you are going hard on stacking bitcoin…

It’s not even about being overly conservative, it is about giving your investment the space and time to grow without the pressure of having to liquidate it just to keep up with real life demands… The irony is, the same patience and discipline that builds a solid Bitcoin position are the same traits that keep you from destroying it when things get rough…


You kw, I will strongly advise that as a Bitcoin investor, especially the on who has the leverage of building emergency funds, jumping in thinking their BTC stacking alone will carry you through everything is unwise, bcus that is just not how real life works. Emergencies don’t care about your investment plans, bills pile up, unexpected expenses and alll.. and if you haven’t set aside a proper emergency fund, you will almost be forced to sell your Bitcoin at the worst possible time…

So many people get wrecked because they did not build that safety net first… It is like trying to swim without a life jacket, eventually, the waves get too rough. Having an emergency fund isn’t about being weak or scared, it is about protecting your future self and your long term goals. When you have that buffer, you can hold your Bitcoin without constantly worrying about what if, and that is when the real thing of holding starts to show….

Honestly, if you want to play the long game with Bitcoin, you gotta have your financial house in order, it is important.. Otherwise, no matter how strong your conviction is, life will find a way to test it, and you don’t want to fail that test just because you didn’t prepare….

It is very important for an investor to save money in his emergency fund. Because he may need it at any time or he may use it for some special purpose so that he does not have to sell his Bitcoin. Just as you gave the example, someone who cannot swim in water needs a life jacket so that he can float easily on the water and it acts as a support for him, similarly it is a wise thing for an investor to save money in his emergency fund to get support in times of emergency.

Yes it is true that you should not wait to invest in your emergency fund, because until he has some amount of money in his emergency fund, his investment may be stopped. So this is an easy way that he needs to save money in his emergency fund as soon as he continues to invest. Generally speaking, if his monthly income is $500, he can save $200 from there in his emergency fund and the remaining $200 he can buy Bitcoin and with the remaining $100 he can spend on his family needs or his own desires.  It's a good idea to keep his investments running and to be able to deposit money into his fund.

I see your point. It's a balanced approach between earning money and saving for emergency. But i think a person should have an aim of securing basic emergency fund before investing so that in future he can not be forced by the situations to sell off his investments in case of an emergency. Even a few months of saving for an emergency fund before investing can help one in not selling his investments. While your 50/50 approach can be beneficial I think it's more suitable for those who have stable income and higher risk tolerance.

Okay mate, I understand your example, but what I mean is that if he waits to deposit money into his fund, his investing will be delayed. So if he starts saving Bitcoin along with depositing money into his fund, it would be very good for him. What I mean is that if he deposits some money into his fund and saves Bitcoin at the same time, his investing will continue and his fund will start accumulating money along with it.

It could be an issue. To give you some context, if a person is 70 years old and he/she has enough money to enjoy the few years he/she has left, I believe investing in Bitcoin should be the LAST goal he/she should plan for himself/herself.

Compare that to a young individual in his/her 20s who has been saving MOST of his/her salary. If that individual is given an opportunity to invest in the lowest DIPs of a bear cycle, then he/she SHOULD use ALL of his/her savings.

I think you are right about what you said here concerning age, it plays an important role on how a Bitcoin investment should approach his investment, just as you have said already, you can't expect a 70year old Bitcoin investor still planning on holding for more than 10 years because he knows that he has a limited time, unlike those that are in their 20's.
But those in their 20's don't have to buy only the dip, they just have to buy anytime their discretionary income is available, but if their is a dip in the market they might seize the opportunity and buy aggressively if they have their reserves funds to do so, because they have quite a lot of time to reap from their investment when bitcoin has risen up to a million dollar or more.

I don't mean confusion of any kind, it is just the use of words and further encouragement of DCA and discretionary fund approach. Bitcoin price can't be so bad that there won't be some money for one to cash out after a certain long term investment. Considering that DCA and discretionary fund (as some people puts it, money u can afford to lose) are used, this cash out becomes money at ur decision or discretion definitely.
The tendency of this pull together resources using DCA and discretionary fund to make some profit or having something left at least  no matter the price is part of the advantage investing in Bitcoin much more using DCA and discretionary fund.

I get your points that an investor should be building his Bitcoin portfolio alongside with his emergency funds and reserve fund whenever his discretional funds is available. What often can delay an Investor accumulation pace is when he starts timing the market with the mindset of waiting for the perfect timing to buy Bitcoin. Timing the market is bad, this will not just slow his accumulation but will also stall his consistency in buying Bitcoin weekly or monthly. One thing is certain,no investor or trader can predict the market perfectly or accurately so it's just a waste of time and efforts. The main thing an investor should be focused on is buying Bitcoin with his discretion funds and if he has a steady flow of discretional income that comes weekly or monthly it's also an advantage because it will accelerate his Bitcoin accumulation until he reaches his over accumulation status.

What you are suggesting is actually what seems to be swimming without a lifejacket because when you thought that you can confidently swim without getting tired you neglect the help of a lifejacket and if eventually you began swimming and the unforseen happened that you get tired you began recall back how you could have prevented it if there was a lifejacket so actually in Bitcoin the lifejacket is the emergency funds because they are your rescue at every given moment of challenges so actually building before investing is also a smart way because you shouldn't think that as a starter there is nothing to disrupt you. What if you start without emergency fund how would you manage everything?, will you run to your investment at every call?. Someone with an emergency fund is confident than someone without it because the person with the emergency funds has a place of shelter while you do not have.