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Author Topic: I quit smoking and buy Bitcoin every week  (Read 7309 times)
eucalyptus (OP)
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December 10, 2020, 09:22:00 PM
Last edit: January 17, 2021, 10:38:50 PM by eucalyptus
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 #1

Hey folks,

I decided to quit smoking today and buy Bitcoin every Sunday. A pack of cigarettes I smoke is $10. It cost me $70 per week. So every Sunday, I will buy Bitcoin without checking if the price went up or down. Even if it goes to the moon, I will keep buying. I will edit this post frequently in the future. This Sunday I will start investing $70 in Bitcoin every  Sunday. I will keep this doing as long as possible and let's see what is going to happen.

I believe that at least I will invest in something that I believe, instead of wasting money on unhealthy cigarettes. Maybe some of you can do the same.

Wish me luck Cool

---
Week  Date Bitcoin Price   Amount Of Bitcoin
1 13.12.2020      $19.176      ฿0,003650
2 20.12.2020      $23.429      ฿0,002987
3 27.12.2020      $27.483      ฿0,002547
4 03.01.2021      $32.850      ฿0,002130
5 10.01.2021      $39.820      ฿0,001757
6 17.01.2021      $35.300      ฿0,001983


Thank you all for your support guys. 1. Week I bought 0,003650 BTC. Even the last 2 days it was cheaper, I waited until Sunday to buy. Rules are rules. I edited my post and let's see what is going to happen.

Btw, to be honest, I couldn't stop smoking completely. But in 3 days I only smoked 5 cigarettes in total. I smoke cigarettes for 10 years. I quit smoking for 1 year before. So I can do it again. Probably I will not smoke more. I feel better now.

I followed Allen Carr's famous Easyway to Stop Smoking method to quit smoking before and in my opinion, it's the best way I have ever tried. I am sure it will work again. For smokers I can recommend this method.

edit: I converted € -> $ to evaluate easily. I invest $70 weekly.

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December 10, 2020, 09:46:48 PM
 #2

I will say this is a very good decision that you made, it can even help you to quit smoking. If you are investing what you think is a waste on something good like bitcoin investment, that means you are on the right track. Before you will know, you will save high amount of bitcoin you will really be happy about.

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December 10, 2020, 09:55:58 PM
 #3

Too good of you. A big change is taking place through bitcoin. Then onwards we can state Bitcoin to be an asset that bitcoin is community responsible. The initiative taken by the user is very big, and simply one can't easily quit, but bitcoin had made him qui. Long live bitcoin and make the community live long.

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December 10, 2020, 10:11:02 PM
 #4

Good luck, man!

This is much better than you are able to quit smoking and at the same time you get to invest in bitcoin. You're cost averaging it and that's a good strategy that you've started.

If you do it consistently, you'll profit in no time.

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December 10, 2020, 10:13:45 PM
 #5

Lol, its nice determination and decision,  because smoking is like someone who is inhaling hazardous substance into he or her system which in future it will result out numerous health issues, such as brain damage, liver and lungs issues which can make human health abnormal, I think it's right thing op did by redirecting tobacco expenses to buy bitcoin because it's obvious that the money channeled into btc will be profitable or propagate than spending it via smoking, buying btc is like investment in another perspective.

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December 10, 2020, 10:16:03 PM
 #6

good choice for your health and your wallet! more you have also financial freedom meanwhile you enjoy to stay without smoking. saving money in bitcoin is always a good idea, and this seems a very good situation. very important, pay attention to relapses since isn't hard start smoking again after some months Wink

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December 10, 2020, 10:22:02 PM
 #7

Hey folks,

I decided to quit smoking today and buy Bitcoin every Sunday. A pack of cigarettes I smoke is 8€. It cost me 56€ per week. So every Sunday, I will buy Bitcoin without checking if the price went up or down. Even if it goes to the moon, I will keep buying. I will edit this post frequently in the future. This Sunday I will start investing 56€ in Bitcoin every  Sunday. I will keep this doing as long as possible and let's see what is going to happen.

I believe that at least I will invest in something that I believe, instead of wasting money on unhealthy cigarettes. Maybe some of you can do the same.

Wish me luck Cool
Good decision pal!

You wont really be only potentially on earning profits in the future but also you are getting rid of things that do really destroy someones body which is cigarrette.

If we do make some math then thats 224 euros every month and 2688 in a year.It might not be that big but one of the most important benefits is that you do
stop smoking which is really bad for our health.You arent making money even though its not guaranteed and also you do make your body healthy which
is the most important of all.

Quitting smoking and start to invest? theres nothing better than this.

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December 10, 2020, 10:27:50 PM
 #8

Normally people would be hard to change habits, but you’re one people who can change that.
That’s better than having to throw away your money every week. Now you can manage your financial management. And it will be good for the future. Moreover, you invest your money in bitcoin. It will turn your future into a fortune. From year-to-year bitcoin will change a person’s future. If you believe it.

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December 10, 2020, 10:30:05 PM
 #9

good choice for your health and your wallet! more you have also financial freedom meanwhile you enjoy to stay without smoking. saving money in bitcoin is always a good idea, and this seems a very good situation. very important, pay attention to relapses since isn't hard start smoking again after some months Wink

And before he knows it, he already got a good amount of btc. I hope he can keep up with this change in his life. Most of the smokers that I know of, they started to quit but never keep their promise to themselves. It is nice to hear if the OP can truly stay away from his habit and spend it to crypto instead.
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December 10, 2020, 10:35:29 PM
 #10

I am very sure you will gather a sizable amount of Bitcoins and also gain more value in your crypto asset in case Bitcoin price rises further  Wink
I wish you good health and success in your new endeavor. I would also like you to be careful when quitting smoking because sometimes some people get affected with smoking relapse as a result of nicotine withdrawal syndrome. If you have a personal doctor, try to talk to him about how you can manage it



If we do make some math then thats 224 euros every month and 2688 in a year.It might not be that big but one of the most important benefits is that you do
stop smoking which is really bad for our health.

That's about $3,263. Remember when bitcoin was trading around $3K? Well the value of 1 year of cigarette expenses would be worth around $18K today  Smiley

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December 10, 2020, 10:37:09 PM
 #11

Are you not smoking now? Some people may find it difficult to get rid of the smoking habit it takes a long time for that. Some people don't care that smoking is burning money, it is throwing money away. It looks futile because of the many negative results of smoking. My advice is that even if you buy bitcoin with cigarette money, it seems that you also need to set the purchase and sales target. Because bitcoin fluctuates easily, buying it when the price is below it will increase your profit.

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December 10, 2020, 10:48:26 PM
 #12

I can relate to this. I already quit smoking for almost 5 months. One of the reasons is the money I am wasting if I use that money to buy Bitcoin then it's kinda worthy.
I'll share my wishlist on my quit smoking tracker app if I am able to reach a specific amount.
One of the best to do is to care about our health, so you can use our Bitcoin in the future if you are long-term hodler of Bitcoin, lol.


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December 10, 2020, 11:01:41 PM
 #13

Hey folks,

I decided to quit smoking today and buy Bitcoin every Sunday. A pack of cigarettes I smoke is 8€. It cost me 56€ per week. So every Sunday, I will buy Bitcoin without checking if the price went up or down. Even if it goes to the moon, I will keep buying. I will edit this post frequently in the future. This Sunday I will start investing 56€ in Bitcoin every  Sunday. I will keep this doing as long as possible and let's see what is going to happen.

I believe that at least I will invest in something that I believe, instead of wasting money on unhealthy cigarettes. Maybe some of you can do the same.

Wish me luck Cool
Nice decision!!

I know it's hard to quit smoking all of a sudden but I think you can do it, You could also try to reduce the cigarette sticks per day to adjust your body to the lust for cigarettes. I myself quit from my vices back then and I'll be honest that it is one of the hardest days of my life. It's good that you made buying bitcoin a part of your motivation to quit your smoking habit.

I hope that this thread will be updated until the day you don't have the urge to smoke. I also hope you don't get thoughts of coming back in the middle of the process.

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December 10, 2020, 11:04:46 PM
 #14

The option to quit smoking and then divert your money to a very valuable investment like bitcoin will be better than having to waste your money smoking smoke that will make your money disappear.
The strategy of buying bitcoin every week is a "Dollar Cost Averaging" (DCA) investment strategy. Every week you buy bitcoins with the same amount. This strategy requires patience and consistency to buy bitcoib regularly within the timeframe that you have specified, and don't really care about the jump in bitcoin prices.

 
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December 10, 2020, 11:54:12 PM
 #15

It might be the other way around but i did the same thing even though it isnt particularly connected with cigarettes but instead i had stopped on buying unnecessary purchase of wants or things that i do like ex. Actively buying new model of smartphone or buying new cloths in 2weeks manner or even shoes which i do saw that it isn't already right to waste up money on things which arent really that needed. Im thinking also for long term and investing into something that has potential will always be worth to test or engage on.

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December 11, 2020, 12:46:40 AM
 #16

Good for you mate, I'm a smoker myself, but I can' seem to quit it.

So I admire people who have the courage and mental toughness to go through quitting smoking for good and then channel the money that they are supposedly used to buy cigarettes in other things such as food, and in your case, BTC.

I'll probably make myself inspire by your story and think of a positive way to motivate myself. Thanks for this thread.

 
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December 11, 2020, 01:20:43 AM
 #17

Hey folks,

I decided to quit smoking today and buy Bitcoin every Sunday. A pack of cigarettes I smoke is 8€. It cost me 56€ per week. So every Sunday, I will buy Bitcoin without checking if the price went up or down. Even if it goes to the moon, I will keep buying. I will edit this post frequently in the future. This Sunday I will start investing 56€ in Bitcoin every  Sunday. I will keep this doing as long as possible and let's see what is going to happen.

I believe that at least I will invest in something that I believe, instead of wasting money on unhealthy cigarettes. Maybe some of you can do the same.

Wish me luck Cool

The best topic I read today hopes you get what you wanted. I really admire such a courageous act, please keep going on, you're not only saving yourself but you can also save the people around you. With the price of bitcoins keeps rising, I'm sure your deeds will be fruitful after some months from now. Maybe it's hard for you these days but keeps moving forward I'm sure you can do it and this time it's yourself who decides it not the doctor.

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December 11, 2020, 01:22:06 AM
 #18

Hey folks,

I decided to quit smoking today and buy Bitcoin every Sunday. A pack of cigarettes I smoke is 8€. It cost me 56€ per week. So every Sunday, I will buy Bitcoin without checking if the price went up or down. Even if it goes to the moon, I will keep buying. I will edit this post frequently in the future. This Sunday I will start investing 56€ in Bitcoin every  Sunday. I will keep this doing as long as possible and let's see what is going to happen.

I believe that at least I will invest in something that I believe, instead of wasting money on unhealthy cigarettes. Maybe some of you can do the same.

Wish me luck Cool
one of the best Strategy i've read here and everywhere because in this you have made a lots of good deeds.

--  Saving your Health for literally stopping smoking.

-- You also save people around you as a second hand smoker.

-- You save the Environment

-- and you are saving Funds for Future.

-- Helping the Crypto community as added investors.

Multiple Good things that favors all.

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December 11, 2020, 01:30:16 AM
 #19

~
Wish me luck Cool
This might be one of the greatest decisions that I've ever read in this forum Cheesy.
I'm not a smoker but quitting a habit that will not benefit you in order to invest into something that will give you benefits in the long run is just amazing Smiley.

Update this thread weekly on how many Bitcoins did you bought on that week. For sure many users will try to see your progress Smiley. Good luck.

 
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December 11, 2020, 02:39:03 AM
 #20

I believe that at least I will invest in something that I believe, instead of wasting money on unhealthy cigarettes. Maybe some of you can do the same.

Wish me luck Cool
The fact that you are on the process of surrendering your smoking is a great move already, but putting all the money you save from it into bitcoin is even greater. 10x greater to be honest because you are not only saving money — you are investing actually. So congrats to your new beginning. I will not wish you luck coz you don't need it anymore. I do believe that everything you do right will bear sweet fruits in the future Smiley.


I wonder, why it seems that you easily overcome such vice? While the others are keep on trying but always fail, they still go back in their addiction? Is it depending on case to case basis or just all about mindset hmm?
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