I was asked if I keep my emergency reserve in bitcoin. Well... I used to keep part of the emergency in bitcoin, but during the pandemic, after I got pregnant, they said that my work was not essential and I had to use all the emergency reserve. Including the bitcoin part. That saved me, but I don't have the courage to sell what's left to make an emergency reserve in Fiat right now... So, technically, I don't have an emergency reserve.
Discussion
Isa, I do not recommend using Bitcoin as an emergency reserve due to volatility. You can lose a lot of money at the moment you need to take it and have it down. The best use of bitcoin for those who do not
There is a lot of money is like long -term reserve, such as retirement.
If you are unable to support yourself at the moment and get a job, think about investing in a simple and low cost business, or even some skill that can provide services free of charge.
For emergency reserves, gold can still be a mehor choice because of the lower volatility and price stability. But study more about this before making any decision... Because as physical gold has little liquidity, it is necessary to buy titles.