In our last article, we discussed how to build a spot portfolio, and now we have 10 dollars left. These are the 10 dollars I will keep aside as an emergency fund.
If the market crashes unexpectedly—as veterans know these events happen, like the Luna crash or the October 10 crash, where everything drops out of nowhere and Bitcoin breaks all supports and flows down like water—I will still have some funds available to invest.
Experience shows that is usually the best time to enter the market and then just sit back quietly.
To put it simply, we must always keep a part of our portfolio in stablecoins so that whenever a great opportunity comes along, we don't regret it later.
We won't have to think, "All my funds are already invested, where do I get money now?" or "What a great chance slipping away just because I don't have cash on hand."
So, over the last five sessions, we discussed how to invest a 100-dollar portfolio into spot crypto. In our next session, we will discuss how I take profits from my spot investments and what my strategy is when facing a loss.
Note: This is just my personal crypto journey, not financial advice. Always do your own research.