Are you saving enough in your "emergency fund" so you don't have to sell your investments?

I can't stress the importance of this enough; you have to save a percentage of your income to cover life's unexpected events, so you don't have to sell your investments. I know it's hard to be disciplined enough to do this when crypto prices are so juicy, but it's part of investing responsibly.

The percentage you should be saving varies depending on your living circumstances and financial situation. Still, the idea is that you should have enough saved on the sidelines to cover six months of living expenses. Some investing strategies suggest eight months. To start, aim to build the fund to three months of expenses, then split your savings between a savings account and investments until you have six to eight months saved.

This practice is as crucial to your future financial well-being as investing in crypto. It's also very good for your mental health to know you have a cushion should something unforeseen happen.