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Always have some fiat saving for emergencies!!

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by COINS NEWS 250 Views

I used to have some saved fiat for a just in case scenario, was money to live 1 year in case that something really bad happen. I give it all to my father so he could buy a house since he was short of $$, when he divorced he gave the house to my mother, so he has been renting for long time.

After giving the money to pops, i started acumulating a lil bit of cash as also doing monthly DCA into crypto, a little bit of both. I saved money for maybe 1 month survival, but one week ago something happened in my life that i needed to use a couple of k, i didnt had that money in fiat, i couldnt ask my parents since they also dont have, dont wanna go ask friends because its not common here, and the loans of the banks in my country kills you with interesets. Sadly i had to sell some sats, it didnt destroyed my position, in these months i also acumulated by doing DCA, staking, airdrops, etc so i guess it wasnt that bad... But it made me sad as hell having to sell some crypto, more knowing we are on a accumulation phase.

Just a reminder to everyone and also to myself, always leave some $$ beside for unexpected life events.

submitted by /u/heyheoy
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