Do you spend more-do you get more?

[raidarksword]

I believe the saying that goes " the more you take, the less you have" and the nature of man is greed and cannot be contented at all. It also can be applied on investing but with more risk the high the rewards though sometimes it will not go the way you wanted it. That's why only invest what you have just to be safe because crypto is very volatile that it can go down or up in just a short amount of time. Start on small amount first and steadily increase your venture when you feel you have made a good profit by it.

[bayu7adi]

Spend more + with brains = get more

Spend more + without brains = fully relying on luck, not much different from gambling

Spend less + with brains = may receive little initially but has potential for significant gains if lucky

Spend less + without brains = hopeless gambling, akin to investing in meme coins

So, in reality, there is another crucial variable to know and learn, namely knowledge and the ability to make wiser decisions.

[Flexystar]

In that case, you need sleepless nights, plans, agenda for every minute of your life, less expenses more investments and most importantly- crazy determination towards your goal. That’s how you become rich. This is never easy and it takes gut pain to start with. You have to compromise many things in your life. Starting from your leisure time and friends, parties, weekends without reservations and much more.

The more money you put the more risk you carry and that is why the returns are always high. I am not sure what are your actual goal but to make money you need to “reset” your life once and for all.

[Dr.Bitcoin_Strange]

Spend more + with brains = get more

Spend more + without brains = fully relying on luck, not much different from gambling

Spend less + with brains = may receive little initially but has potential for significant gains if lucky

exactly the point, my friend; some people are really getting it wrong all in the name of the rule, "spend more and you will get more." Let's take for instance, you have four friends and three of them are jobless, then only one of them is wealthy and hard driving just to archive success, means while the other of your three friends are not had working, they are just maybe gamblers, and perhaps one day four of them needs help of which you only have the option to help only one person among the four of them, if it were in my case, I would only help that one friend who is Wealthy and hard driving because I know that definitely he is likely to return some favor if I need assistance in future too. that's how we are supposed to spend. 

Allow me to use this weird scenario: just like when you are at a bar, it is wise to always buy a bottle of beer for someone who can buy you two bottles in return. Unless maybe you want to be generous to all.

[Fortify]

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

There's a range of different scenarios where this might be true, there is an old theory that you should dress to impress and look the part when going for something like a new job. A suit can look way more professional and flattering than other people who might turn up in more casual clothes to interview. Then there is the idea that if you buy cheap, you end up buying twice, which needs some thorough thought. If you're putting together a tool box for example, you might buy cheap the first time and figure out what you're using so much that it breaks - then as you replace those items you can increase the quality because you tend to use it more regularly than other tools in there and it's important not to keep buying the same item that might break quicker.

[carlfebz2]

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

There's a range of different scenarios where this might be true, there is an old theory that you should dress to impress and look the part when going for something like a new job. A suit can look way more professional and flattering than other people who might turn up in more casual clothes to interview. Then there is the idea that if you buy cheap, you end up buying twice, which needs some thorough thought. If you're putting together a tool box for example, you might buy cheap the first time and figure out what you're using so much that it breaks - then as you replace those items you can increase the quality because you tend to use it more regularly than other tools in there and it's important not to keep buying the same item that might break quicker.

If you are really that tending to make use of a certain tool on day to day basis or something we can say that it is really that common then it would really be that common sense that you should be buying a good quality one so that you would really be avoiding on keeps on buying just because you are really that trying out to save as much as you could be ending up you would really be having more expenses.

This is why having that good balancing between things or simply with assessment with the situation is really that very much needed.You cant really be that able to experience hardship or negative outcomes
if you have just planned and mind it on well. You cant really just make out steps without having that preparation or other considerations because if you do have that kind of habit on which
you do have rushed on things or dont mind or balanced in between situations then you would be ending up on having more spending than savings.

[wmaurik]

I believe the saying that goes " the more you take, the less you have" and the nature of man is greed and cannot be contented at all. It also can be applied on investing but with more risk the high the rewards though sometimes it will not go the way you wanted it. That's why only invest what you have just to be safe because crypto is very volatile that it can go down or up in just a short amount of time. Start on small amount first and steadily increase your venture when you feel you have made a good profit by it.

The proverb that you say sounds strange at first glance, but when I begin to digest it using a slightly different understanding, the saying looks like a fact which means more about using money or consuming money for things that have big risks. But if you address this adage in terms of investment, I think it's a little inaccurate because you have also provided other solutions in terms of investment in a wiser way. Because it must be done in accordance with existing capabilities and there is no need to push yourself too much if the investment capital is not too much.

[Lamkuthang]

Spend more + with brains = get more

Spend more + without brains = fully relying on luck, not much different from gambling

Spending a lot of money I think it's not a big deal as long as we do it wisely. Yes. I like the two points above. For the first point that commonly occurs
In the case of crypto investment, when we sit and think that there is indeed a lot of wasted time, planning what we will buy, and the result is that we end up getting better results in return.

But if we just spend money without thinking smartly, it's like gambling exactly what you mean. Yes. If you only rely on luck and blind shooting might drain your money and mind and I think it's an unnecessary risk.

[Mauser]

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't think this makes any sense on a personal level. Why should increasing our consumption lead to a higher income? It only leads to having less money in our pockets. This statement is true on a company level that invests in their own business. You need capital to buy new machines, run advertising, create new products, etc. If you are a successful business it means that spending more money today will lead to higher revenues in the future. But for us consumers it doesn't help if we spend all our savings on a new car, long vacation and the newest iPhone and iPad. These are all purchases that don't lead to higher income for us.

[Ursulachuks]

I don't see how increasing consumption may result in higher income.Keeping to a budget is preferable. Setting long-term financial objectives, avoiding overspending, breaking dangerous spending patterns, and other things may all be done with a budget.

[irhact]

I believe the saying that goes " the more you take, the less you have" and the nature of man is greed and cannot be contented at all. It also can be applied on investing but with more risk the high the rewards though sometimes it will not go the way you wanted it. That's why only invest what you have just to be safe because crypto is very volatile that it can go down or up in just a short amount of time. Start on small amount first and steadily increase your venture when you feel you have made a good profit by it.

When you spend money unwisely you can't make those money back but when you spend then wisely you'll make more profits back. For example when you invest into bitcoin by buying more during the dip you're putting yourself in an excellent position to make back more profits when Bitcoin starts rising again but if you invested unwisely into hyped shitcoins, you'll lose with the market as they might never recover to get back to their previous ATH.

Spending money doesn't make you eligible to received money back, you have to be very calculative and make sure what you're spending money on is worth it, if you spend money accumulating liability you'll keep losing money and not get any back but when you invest in assets it'll be different.

[Crypto Library]

I don't see how increasing consumption may result in higher income.Keeping to a budget is preferable. Setting long-term financial objectives, avoiding overspending, breaking dangerous spending patterns, and other things may all be done with a budget.

The way you said the matter it doesn't actually hold later. As the saying goes, as income increases, expenditure also increases. I think most of the cases happen with most people. If I speak for myself, it has happened in my case that when income is low, expenditure is also low.  But as the income increases, the expense also does increasing.
It's a lot like developed countries and poor countries where you can see that while your income and standard of living are better, the cost of living is also higher.
On the other hand, if I talk about the countries of the third world, then the income and therefore the expenditure from the developed countries is comparatively less.

[Mame89]

There is an opinion that the more money you spend, the more you get in return

Actually the concept as you convey there is nothing wrong if we use it correctly. If spending your money on what to spend and that spending can result in a profit in the future, this is probably a good thing. But if you spend your money on useless things because you are only following your passions, of course this will not benefit you, especially in the long term, bad expenses should not need to occur.

However, if you are investing your money in an asset like Bitcoin that has the potential to be profitable in the long term, this could be a smarter decision. Because bitcoin investments are investments that do have the potential to generate significant profits in the future even though they carry risks, but this also depends on your patience in seeing market changes. Precisely for me buying as many bitcoins will get a lot of profit too.

[nur rochid]

There is an opinion that the more money you spend, the more you get in return

Actually the concept as you convey there is nothing wrong if we use it correctly. If spending your money on what to spend and that spending can result in a profit in the future, this is probably a good thing. But if you spend your money on useless things because you are only following your passions, of course this will not benefit you, especially in the long term, bad expenses should not need to occur.

However, if you are investing your money in an asset like Bitcoin that has the potential to be profitable in the long term, this could be a smarter decision. Because bitcoin investments are investments that do have the potential to generate significant profits in the future even though they carry risks, but this also depends on your patience in seeing market changes. Precisely for me buying as many bitcoins will get a lot of profit too.

indeed spending money can be distinguished between spending money on shopping needs or spending money on shopping for investment goods. needs are also distinguished between important and unimportant, so we must minimize our desires which are often seen as needs. after that the rest can be spent on investing. the more investment we buy, the more chance we will get. therefore we must be good at classifying our money so that it will grow more so as to create financial freedom, if money is only to fulfill our desires, then where will we get greater results, the probability of going bankrupt will be higher

[nimogsm]

no, it doesn’t work like that) It’s just what society says so that people do more good deeds for others, but from an economic point of view this is not possible.The formula will work like this: you save more + spend less = you have more money.Others can and should be helped, but it is important to do this not to the detriment of oneself.

[Dr.Bitcoin_Strange]

It is crucial to recognise that those who do experience extraordinary success by investing a lot of money are either very lucky or have made a lot of investments allowing some of them to be profitable and offsetting any losses they may have experienced along the road.

Having just one investment is obviously a risk too, because even if you have managed all the possible risks and have a good idea of how well your investment can work out, it still might not work out due to some unforseen circumstances. The reason most people are successful is because they did not just rely on one investment. I don't mean that relying on one investment is bad, but the risk is that, in some cases, it might not work out the way you have planned it. If one still has other investments in other assets, then they can serve as backup for the non-profiting or low-profiting investment. So, I agree with what you said. Having more investments will even increase how successful you can be because you will always have other investments to support you.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[Mr.suevie]

It is crucial to recognise that those who do experience extraordinary success by investing a lot of money are either very lucky or have made a lot of investments allowing some of them to be profitable and offsetting any losses they may have experienced along the road.

Having just one investment is obviously a risk too, because even if you have managed all the possible risks and have a good idea of how well your investment can work out, it still might not work out due to some unforseen circumstances. The reason most people are successful is because they did not just rely on one investment. I don't mean that relying on one investment is bad, but the risk is that, in some cases, it might not work out the way you have planned it. If one still has other investments in other assets, then they can serve as backup for the non-profiting or low-profiting investment. So, I agree with what you said. Having more investments will even increase how successful you can be because you will always have other investments to support you.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Thats actually the best thing any profound investor can do for himself, because diversifying your investment to different area actually increases your chances of gathering better profits and like you said also reduces the possible loss rate that you might inquire to your investment. Although its not a compulsory thing and it also depends on the budget in which the investor is going with because you can't make different invest if actually your capital money isn't enough.

[kingvirtus09]

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Therefore, "What you sow is what you reap". This is a true statement I mentioned. In this time that we live in, most of us are trying to make everyone's life prosperous because of the difficulties we are facing. That's why it's not that easy to do. That's why what is needed in today's time is to be wise and correct the system that we will make to exceed the expectation that we want to happen.
It's really a bit difficult, but it's necessary if you're really determined about what you want to achieve, maybe that's how simple it is to understand.

[usekevin]

The time should be spent along with the money to achieve the goal in short time.The top most crypto currency is the
essential one for the good growth of crypto currency like Ethereum,Ripple.When your income was stable, you need to use the income by making some unique plan.Because the money can be easily mis used or can be used for the unwanted things.Trading helps you to become a right person.

[Dr.Bitcoin_Strange]

Thats actually the best thing any profound investor can do for himself, because diversifying your investment to different area actually increases your chances of gathering better profits and like you said also reduces the possible loss rate that you might inquire to your investment. Although its not a compulsory thing and it also depends on the budget in which the investor is going with because you can't make different invest if actually your capital money isn't enough.

Before investing, it's wise to make better plans on how you want to carry on with your investments, how you want to diversify, how you want to roll over, and more. For instance, if you are earning like $2k a month and you decide to invest $500 in Bitcoin every month, you can also save $500 every month that could be invested in other things like real estate, stocks, or even a bond. Some people don't just know how to go about investing. Again, one can even invest in Bitcoin and earn a huge profit during the bull market. The person can still sell some of his holdings and invest in other things. In investment, if we invest and make a profit, we are supposed to reinvest the profit to yield extra profit. That's why some people are more successful because they understand the principles of making different successful investments, despite the fact that not all will be very successful.