Just Another Good Source Of Motivation For You ...

[GigaBit]

If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here..

The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".

Some spend more than that. If someone tries to put a small amount of money from such expenses into bitcoins, I would say that he can turn his expenses into a big asset at some point. All that is required here is to raise a little awareness. If he puts in much less than $100 or $200 a day on a daily basis, I think he's a good investor for holding Bitcoin. What seems trivial to me today may not be tomorrow, especially in the case of Bitcoin holdings. Those who have more money have the opportunity to profit more from Bitcoin. But many fail to utilize this opportunity.

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[Silberman]

If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here..

The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".

Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing  , is this not us indirectly cheating ourselves?

This is a nice observation, people have become consumers and most of the time they do not think too much about the money they spend to try to get the experiences that they crave, however it is precisely in those instances in which people should really think if what they are getting for their money is actually worth it, as most of the time this is not the case, and by having such a lax posture regarding their expenses this causes them to have very little savings, which they could later be used to invest in assets with a high probability of turning profitable during the next years.

[Blitzboy]

If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here..

The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".

Some spend more than that. If someone tries to put a small amount of money from such expenses into bitcoins, I would say that he can turn his expenses into a big asset at some point. All that is required here is to raise a little awareness. If he puts in much less than $100 or $200 a day on a daily basis, I think he's a good investor for holding Bitcoin. What seems trivial to me today may not be tomorrow, especially in the case of Bitcoin holdings. Those who have more money have the opportunity to profit more from Bitcoin. But many fail to utilize this opportunity.

Saving by spending, as it were. I can already see the skeptics rolling their eyes at the thought. But let's entertain this for a moment, shall we? Suppose, hypothetically, instead of buying that overpriced cup of artisan coffee, one decides to invest the money in Bitcoin instead. Boom! Instantly, an expense turns into a potential asset.

Yes, it's not as refreshing or tasty as that morning brew, but I dare say it has a certain intoxicating allure to it. You never know, that meager amount today could turn into a golden goose in the future. And in the end, isn't it all about delayed gratification? Suffer now, profit later? Not a bad strategy, if you ask me!

[microsurfer]

This analogy is relevant for people in 1st world countries. Rest of the world don't spend so much on food

[mvdheuvel1983]

This analogy is relevant for people in 1st world countries. Rest of the world don't spend so much on food

True that...the rest of the world like you say have people who live on less than a dollar per day. Eating for this people is a luxury. We get it but this doesn't mean that people in these countries don't have their own form of guilty pleasure which they engage in once in awhile despite their harsh economic conditions. Also wanted to point out that with the Dollar cost averaging method of Bitcoin investment they can invest less than a dollar weekly, monthly or whatever period of time works for them. Where there is a will, there is a way.

[Lorence.xD]

This analogy is relevant for people in 1st world countries. Rest of the world don't spend so much on food

Nah I think it's still applicable to some countries not only in the 1st world countries. I'm in middle class living in the PH, and based on my experience there's still people would spend a lot of money for foods just to prove that they could afford it, despite the financial status. Yeah of course they would post it in social media to show that "We and my family ate in this expensive restaurant", of course I know that person is not that financially stable since he's asking to borrow some money for me sometimes. I think the problem here is the comparison to others or they don't like to be judged that they couldn't afford such expensive restaurant. Maybe occasionally is fine but bruh spending all of your money to cafe, fastfood and restaurant usually would make you broke.

[xSkylarx]

This analogy is relevant for people in 1st world countries. Rest of the world don't spend so much on food

True that...the rest of the world like you say have people who live on less than a dollar per day. Eating for this people is a luxury. We get it but this doesn't mean that people in these countries don't have their own form of guilty pleasure which they engage in once in awhile despite their harsh economic conditions. Also wanted to point out that with the Dollar cost averaging method of Bitcoin investment they can invest less than a dollar weekly, monthly or whatever period of time works for them. Where there is a will, there is a way.

For sure, in your entire life, you've already spent this amount in life. Why why still going to be a hater on this? I think it is better to think of positive things about it. I know and I can relate to the fact that all of us can't spend those amounts, even myself. I haven't spent a total of $100 in my entire life, but the context is that you've spent, let's say, $25 on a dinner, but that is worth like $100 because it's too huge for you. Numbers are irrelevant, but the context of them As you end your sentence, when there is a will, there is a way. Just imagine you've spent 1 bottle of alcoholic drink that you've just pissed off, but you've been regerting investing a dollar in bitcoin.

[livingfree]

It is not cheating yourself if you're eating out and enjoying the good food or anything where you spend your money you are happy with because you've worked hard on it and you deserve it. People desires, decisions and realizations varies. I do understand that spending less on food is a good thing and to invest some of it into assets like Bitcoin.

As long as you can afford to do so, there's no problem with that. Each of us has their own strategy if it's about investing. If it is comfortable to you to less your spending budget in eating out then that's good.

While the others don't really have budget on investing because that's how they value themselves. No need to debate on this matter, it's a good motivation out of nowhere that there's random person giving his opinion and became an inspiration to the others.

[Yamifoud]

It is not cheating yourself if you're eating out and enjoying the good food or anything where you spend your money you are happy with because you've worked hard on it and you deserve it. People desires, decisions and realizations varies. I do understand that spending less on food is a good thing and to invest some of it into assets like Bitcoin.

As long as you can afford to do so, there's no problem with that. Each of us has their own strategy if it's about investing. If it is comfortable to you to less your spending budget in eating out then that's good.

While the others don't really have budget on investing because that's how they value themselves. No need to debate on this matter, it's a good motivation out of nowhere that there's random person giving his opinion and became an inspiration to the others.

Each and everyone deserved to have an expensive meal as long as we afford it. But that person that OP had talked about is a person who had thinking about the future, not just today. He chooses not to spend his money on an expensive meal but he chooses to put into something that gives him more. It is not really about if we can afford it or not but what I see is that this person showing something to us that we have to be smart in spending our money. Foods are still there but losing an opportunity can never be back again.

[Russlenat]

It does make sense. Some of us out here spending so much on food and other stuff that wouldn't really last nor provide us with the security in life that we need soon as we retire and we're shying out on investing, not even with bitcoin but with investing in general cause we have more excuses and less reasons to do it. I get that some of us out here's not that fortunate when it comes to upbringing as well as with the income level which disallows us to invest money but for those who are able to but aren't doing so, what is your excuse really? What's not clicking my friend?

I think OP doesn't mean to make you think that should cheap out on important shit like food and utilities, but what this boils down to is you having enough motivation to invest for your future as much as you have motivation to buy that daily starbucks coffee, or that weekly food trip you go out to with your friends.

Perhaps investing is really hard especially for those who are not used to save or invest, not because they can’t afford the risk, but they don’t trust the idea of investment that it can be very crucial in the future. Some would even waste their funds on luxury and unnecessary expenses without any doubt or hesitation, but when it comes to investing, it will still take a lot of time thinking whether it’s a good decision to invest or just another waste of time.

However, OP is right. We don’t need deep motivation and thousands of analysis. Investing will always be profitable in the future especially if it has high potentials like bitcoin.

[macson]

snip

Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing  , is this not us indirectly cheating ourselves?

i also heard from one of my uncles who is quite wealthy at the moment, he said not to splurge on things that are not important at a young age, try to invest as early as possible and enrich yourself with knowledge and investment.  and right now i think bitcoin is still very early days, just imagine in the next few decades, when more and more people want bitcoin, the price will rise dramatically, collecting Bitcoin every month, the investment value will definitely increase in the future. 

with the reputation and popularity of bitcoin, investing in bitcoin as early as possible is a wise deed, its value will not decrease, price fluctuations may continue to occur, this is a reasonable market condition.

[AnonBitCoiner]

Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing  , is this not us indirectly cheating ourselves?

Having bitcoin is one of the advantageous things and I think everyone should buy it as it will surely gives you profit when accurate time appears. People should use money in that asset which provide profit instead of spending it on eating because if you Put money as investment you will become able to eat more better than this but if you spend money on eating and didn't make investment then neither you will make investment not you will eat better.

If a person try and save some amount for bitcoin investment then he will be rewarded with good sum of money, I am not saying that eating in restaurants is bad activities everyone can go with family but not on daily basis therefore you can save this amount which you spend on expensive restaurants so you will be a wealthy person one day.

[TimeTeller]

Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing  , is this not us indirectly cheating ourselves?

Having bitcoin is one of the advantageous things and I think everyone should buy it as it will surely gives you profit when accurate time appears. People should use money in that asset which provide profit instead of spending it on eating because if you Put money as investment you will become able to eat more better than this but if you spend money on eating and didn't make investment then neither you will make investment not you will eat better.

If a person try and save some amount for bitcoin investment then he will be rewarded with good sum of money, I am not saying that eating in restaurants is bad activities everyone can go with family but not on daily basis therefore you can save this amount which you spend on expensive restaurants so you will be a wealthy person one day.

Maybe not everyone should buy it, but for those who are understanding the advantages of buying assets with potential in the market.
Also, if the person knows what he's getting involved with. Because if the person doesn't know about crypto market, hard to take plunge on unknown.
So invest only on things that you have knowledge of and familiar with the risks that you are about to tackle with.
Because at the end of the day, you are the one taking care of your assets and not others. It is your responsibility wherever you want your money will be put into.
But the analogy from the OP has a point, it is like, if you can spend money on some unnecessary things, why not start thinking of possible assets that can improve your financial status?

[Smartvirus]

In all the facts laid out in OP, I’ll like to at least credit the fact that, not everything eaten is been sent down the toilet. Good is life and you very much need food to survive every passing day. It’s of note that, some of the consumed food is being assimilated into the body to nourish the body.

Still, having to take a page out of the tweet is of great importance. This is due to the fact that, for you to even be able to afford or get a daily meal, you need to have a source to generate the needed money to put food on the table and satisfy other needs. It won’t cost you much to take a page to investing.

[Oilacris]

Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing  , is this not us indirectly cheating ourselves?

Nothing special since this had been part of daily living on which there are things or allocation for those leisure times like eating on a restaurant or spending with leisure things which people doesnt mind

about those potential profits or additional investment or whatsoever because we know that when it comes to contentment then we do know that each person does have their own preferences.
We know that eating is part of living and survival and it wont matter if we do speak about being expensive or what but actually that person above did really have a good point in terms of investment decisions on which spending up more on eating is something that not necessary on which part of those amounts would be ideal to be spend out on having some investment specially on Bitcoin.
It would really be giving out that kind of chance for those allocation to have some good profits in the future if it turns out to be positive. We do know that there's no way that we could be able to know
on what would be the future looks like but at least we are doing something for us to make out some advantages through it. Peoples success would really be determining on how you would
really be able to make yourself handle out and make rightful decisions.

[BD Crypto]

You just shared one of a great idea to have some motivation to invest in Bitcoin. I can remember I was a Bitcoin holder because people had trust on it for long term. Then I converted to Altcoins for faster growth of my assets. Then I realized that without Bitcoin all the Cryptocurrencies are just like a flying fish.

Again I motivated when I saw some users here too much trust on it that they are storing their pocket money, extra expenses and also some are selling properties to invest in it ( though they aren't suggested). But their passion is really appreciate able. So I again started to invest in Bitcoin. And I hope very soon I will see new comers are also involving in Bitcoin though they have little investments. As soon as they will have some opportunities I hope they will adopt it earlier.
So there are many good source of motivations are surrounding with you and you just need to follow them wisely.

[livingfree]

It is not cheating yourself if you're eating out and enjoying the good food or anything where you spend your money you are happy with because you've worked hard on it and you deserve it. People desires, decisions and realizations varies. I do understand that spending less on food is a good thing and to invest some of it into assets like Bitcoin.

As long as you can afford to do so, there's no problem with that. Each of us has their own strategy if it's about investing. If it is comfortable to you to less your spending budget in eating out then that's good.

While the others don't really have budget on investing because that's how they value themselves. No need to debate on this matter, it's a good motivation out of nowhere that there's random person giving his opinion and became an inspiration to the others.

Each and everyone deserved to have an expensive meal as long as we afford it. But that person that OP had talked about is a person who had thinking about the future, not just today. He chooses not to spend his money on an expensive meal but he chooses to put into something that gives him more. It is not really about if we can afford it or not but what I see is that this person showing something to us that we have to be smart in spending our money. Foods are still there but losing an opportunity can never be back again.

That's on point.

Like what you are saying, all of us deserve to each in fancy restaurants to reward ourselves but if you want to reward yourself better then this is what one has to do.

Planning for the future because you're not just going to eat a few times daily and this mindset of investing the money you should allocate there is uncontested.

You're right that opportunity can knock once and it's up to us how we're going to approach it.

[PeRo]

I've always been in a similar mindset and I think most people should be as well. This shouldn't be taken too literal though, as some people can because we should give ourselves some "treats" - stuff we enjoy, like going out for a drink or going for a pricy dinner at a restaurant. For me, a great example would be smoking as I do not enjoy it at all yet some people I know give from 100-300 euros monthly for that stuff. If they can give money daily for that then I can definitely stack some money monthly and invest it, no matter if it is Bitcoin or something else.

Just make a balance and you can both enjoy those kind of days every once in a while and you could also make a good investment in Bitcoin and earn some money later on.

[TheUltraElite]

Well I prefer food over alcohol, but I know many of the fellow members might feel disgusted by this idea.

So with that background I would definitely allocate more money to investments rather than wasting it on food (or drinks) that I can avoid or are unhealthy to me. I usually keep a 2/month quota on eating out which I feel is a humble one. Too much or too little of anything is bad and that is I believe in balance and moderation of spending and saving.

While we should strive to buy more bitcoin, just dont forget to enjoy the life while doing so.

[imamusma]

I like the analogy the OP described, but in a certain capacity and with a certain amount of budget. I don't save 1/2 of my monthly income for investments, but I can still save 1/4 of it. Investment is indeed important, but it doesn't have to be a top priority, meaning that there are still more important things that must be prioritized, namely the quality of life for yourself and your family.

To support a good and healthy quality of life, we all need healthy food. The needs for clothing, food and shelter are his priority, and the rest is for investment. Nice to have an idea like the OP, but I wouldn't be that strict when it comes to investing.