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Be honest - do you have an emergency fund?

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by COINS NEWS 159 Views

If you don’t, you need to establish one before you invest another cent. Because crypto - all of it - is risky AF. And emergency funds are something that never comes up here.

If you don’t have a non-crypto emergency fund, then you’re investing more than you can afford to lose.

I know we’re all hoping for big returns, but the last few months alone have proven that the crypto market is wildly unpredictable.

Your emergency fund isn’t just your savings account. It’s an earmarked total that you know will cover x months of all your expenses. Food, shelter, transportation, childcare. Every unavoidable expense.

So, do you have an emergency fund? How many months are you covered for?

submitted by /u/jazzhands1
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