Do you have an emergency reserve?
Traditional investors agree that the emergency reserve is the first step to start your investment life correctly. But is it if the players who take the most risk (us with crypto) make this emergency reserve? Do you have an emergency reserve?
My answer: When I started investing I had little capital, so I felt obliged to invest 100% of what I had. I did this for months and luckily I didn't need the emergency reserve, but I already have it and I realize how important it can be in very volatile and unpredictable scenarios like the ones we are living in.
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I don't have any, almost all of the money which I do earn is invested. I can cash them out but most of my bank account is zero you can say 😅
Thank you, well appreciated!
I actually have an emergency reserve outside of crypto, lucky!
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