Blitzboy
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July 31, 2023, 08:41:08 PM |
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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.
Its fascinating how Bitcoin faith fluctuates with its price. Altcoins are used to obtain money back faster, although people usually return to Bitcoin, the cryptocurrency leader. Altcoins, no matter how promising, struggle to compete with Bitcoin's natural trust and longevity. Your narrative of selling homes for Bitcoin proves this. They risk it because they trust in Bitcoin's future. Youre right - this zeal inspires. It reminds me of the early internet, which changed the world. Your narrative can educate newcomers. Bitcoin is sturdy and will outlast cryptocurrency trends.
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Casdinyard
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July 31, 2023, 10:06:51 PM |
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Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
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Mr.suevie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 31, 2023, 10:09:57 PM |
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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.
Its fascinating how Bitcoin faith fluctuates with its price. Altcoins are used to obtain money back faster, although people usually return to Bitcoin, the cryptocurrency leader. Altcoins, no matter how promising, struggle to compete with Bitcoin's natural trust and longevity. Your narrative of selling homes for Bitcoin proves this. They risk it because they trust in Bitcoin's future. Youre right - this zeal inspires. It reminds me of the early internet, which changed the world. Your narrative can educate newcomers. Bitcoin is sturdy and will outlast cryptocurrency trends. Well no one is surprised of how Bitcoin has come to gather such trust among lots of folks in the Bitcoin world. Bitcoin over the years has proven that it's very reliable when it comes to market price value and also lots of people have also benefited from it over the years and that's why no matter how any altcoins shows potentials in growth crypto enthusiast still always come back to the number crypto asset @BITCOIN.
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milewilda
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July 31, 2023, 11:49:12 PM |
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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.
Its fascinating how Bitcoin faith fluctuates with its price. Altcoins are used to obtain money back faster, although people usually return to Bitcoin, the cryptocurrency leader. Altcoins, no matter how promising, struggle to compete with Bitcoin's natural trust and longevity. Your narrative of selling homes for Bitcoin proves this. They risk it because they trust in Bitcoin's future. Youre right - this zeal inspires. It reminds me of the early internet, which changed the world. Your narrative can educate newcomers. Bitcoin is sturdy and will outlast cryptocurrency trends. Well no one is surprised of how Bitcoin has come to gather such trust among lots of folks in the Bitcoin world. Bitcoin over the years has proven that it's very reliable when it comes to market price value and also lots of people have also benefited from it over the years and that's why no matter how any altcoins shows potentials in growth crypto enthusiast still always come back to the number crypto asset @BITCOIN. Trust and confidence would really be solely on Bitcoin and this is why it is really just that sitting on #1 on entire market space but since there are tons of coins that existing too then it is really dividing such marketshare which it isnt something new or something that shocking anymore. If you do find out that it would really be worth on spending up on investing on Bitcoin rather than on going to those expensive restaurants or spending on hanging out on those places then its up to your choice because there are things which turns out to be that in default or something that you would really be doing without minding on the amount you would gonna spend. Not everything would really be pertaining about investment or money specially when it comes to peoples contentment and preference or the things that it would make them happy. This is why these kind of talks would really be that optional whether there are people who would changed up their decisions and would be switching up their investment on Bitcoin or there would really be those people who would really be just sticking on the things that they've been getting used to and just making some additional allocation for them to invest with Bitcoin without disrupting their interest and previous behaviors when it comes to spending. It would really vary on each person though.
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savetheFORUM
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August 01, 2023, 10:45:45 AM |
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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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , 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. Well, not everyone can have the privilege of buying and having Bitcoins because a very large percentage of the global population doesn't earn enough money to either save for their future or make investments with it, all they earn goes for their daily needs and might even be less for that. Such people might know and understand everything about Bitcoin and cryptocurrencies, but unfortunately, they can't be a part of it because they can't afford to buy it nor save any money for it. Those of us who have got this privilege should consider ourselves lucky because it is something that will be too expensive and even people that have money won't be able to get a lot of it because of how valuable it will have become by then, that's when we will realize that how cheap the price was back in the day.
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rikybrosh
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August 01, 2023, 11:43:33 AM |
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that comment was make sense, we should think about future. I think we should set aside some money for investment, it is okay to buy some fancy food sometime as long as we have some investment. even some people prefer like to buy fancy stuff rather than fancy food because food don't last long. when our financial improved, we can afford better food, better stuff and better quality of life. we should accumulate more bitcoin now.
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justdimin
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August 02, 2023, 05:55:14 PM |
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not everyone can have the privilege of buying and having Bitcoins because a very large percentage of the global population doesn't earn enough money to either save for their future or make investments with it, all they earn goes for their daily needs and might even be less for that. Such people might know and understand everything about Bitcoin and cryptocurrencies, but unfortunately, they can't be a part of it because they can't afford to buy it nor save any money for it.
Those of us who have got this privilege should consider ourselves lucky because it is something that will be too expensive and even people that have money won't be able to get a lot of it because of how valuable it will have become by then, that's when we will realize that how cheap the price was back in the day.
This is such a good point to look at. I mean I do have a lot of debt and I am not as rich as I would like to be, most of the things in this world is unaffordable to me, but when you look at it that way there are so many people who do not have even half of what I have. And if I could find like 3-4 thousand dollars to cover all my debt, I would be living a very very rich life compared to average of the world. This is why it's quite important to remember that maybe you are not as rich as you want to, but you are still richer than most of the world. Go to one of those ranking websites where you enter your monthly salary, and see how much richer you are than most of the world. That should be something to be happy about without a doubt.
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bussybuddy
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PredX - AI-Powered Prediction Market
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August 02, 2023, 06:27:26 PM |
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People often say "Fine words butter no parsnips" to express the importance of food. So spending money on food is an investment in the health and nourishment of yourself and your family.
Of course, spending money on expensive and luxurious food is not always a good choice. As we seek maximum benefit from the money we spend, it is important to use it wisely and sparingly. Sometimes, finding better value food options, like eating at affordable restaurants that still offer quality, is a good way to save money.
Furthermore, if you sacrifice too much for investments and don't meet your basic needs, you are hurting and causing stress that affects your health and quality of life. This is counterproductive because the purpose we make money is to serve ourselves, not to run after money.
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Silberman
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August 03, 2023, 06:05:55 AM |
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This analogy is relevant for people in 1st world countries. Rest of the world don't spend so much on food
Analogies do not really need to be perfect to serve their function, the post quoted by the OP has as a message that if we spend money in all kind of luxuries and we do not think too much about it, then why do so with bitcoin and other potential investments which could in theory be way more beneficial than a luxury good? So even if the amounts are smaller and the luxury goods are different at the end the idea is the same, save some money and invest in bitcoin, maybe nothing comes up out of it, but if it does then that will be money very well spent.
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Dzwaafu11
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August 03, 2023, 06:43:39 AM |
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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".
I agree with this guy's assertion, however you have to understand that just because someone spends a lot of money on food, it doesn't mean they should try to hodl bitcoin because we have no idea how they are running their daily needs or how many people they are feeding. Perhaps there are plenty, in which case you can see that it makes little difference if he spends the money you suggest here on food. I think some people spend a lot of money feeding those around them, some of them aren't even consuming the food they purchased. All they require is for their family to have a nutritious diet. When your family is battling to get enough food, it is impossible to think about investing. Well I prefer food over alcohol, but I know many of the fellow members might feel disgusted by this idea.
The OP does not necessarily mean alcohol when he says "drinks." There are several beverages available that we consume for our personal benefit. Everyone enjoys eating healthy cuisine, though. We usually plan for everything when it comes to situations like this, but don't forget to provide food for those around you.
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Reatim
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August 03, 2023, 07:30:10 AM |
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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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , is this not us indirectly cheating ourselves? actually it is not only interesting but also inspiring , because he have mentioned it perfectly when after you shit the food and drinks are done , but in bitcoin? even if you hold it for years , it will stay intact and may bring you more return actually . that is the best thing about investing in crypto like this.
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sesterceshop
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August 03, 2023, 08:29:00 AM |
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Great analogy LOL. I think it's definitely true that we tend to be more willing to spend money on things that give us immediate gratification, like food or entertainment. But when it comes to investing in something that could have long-term financial benefits, we're more likely to hesitate.
I think the reason for this is that we're naturally risk-averse. We don't want to spend money on something that might not pan out. But the reality is, there's always some risk involved in any investment.
Volatility is the price you MUST pay for a brighter future.
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fuguebtc
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August 03, 2023, 09:27:14 AM |
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Great analogy LOL. I think it's definitely true that we tend to be more willing to spend money on things that give us immediate gratification, like food or entertainment. But when it comes to investing in something that could have long-term financial benefits, we're more likely to hesitate.
I think the reason for this is that we're naturally risk-averse. We don't want to spend money on something that might not pan out. But the reality is, there's always some risk involved in any investment.
Volatility is the price you MUST pay for a brighter future.
You are right, many people prefer instant gratification and the risk is something that many are still not ready to accept. I once mentioned bitcoin investment to a close friend of mine, when I said profit he was excited and wanted to invest, but when it came to risk he hesitated and was scared. In the end, he didn't want to risk that money to invest in bitcoin for fear of losing everything, instead he used the money to buy himself an iphone and was very excited about it. Not everyone will think like we do, and it's everyone's right, we won't be able to do anything else.
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RockBell
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August 03, 2023, 09:51:33 AM |
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Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
you have made a good point stating that you invest in what you can benefit from in the future, and the possibility of passing it on to your children, education is one good investment you can eat from its benefit in the future but can not be passed down to your children, aside learning how to read and write education just have its own way of impacting someone's life talk about discipline, creativity and many more, and inflation been around the corner have cost plenty people either in their living or their business, investing in any kind of business in his economy is very risky, the issue of buying an iPhone if it's beyond budget or what you earn is not advisable likewise, majority of people doing thing above their budget is peer pressure want to also do what others are doing, the way the economy and everything is it is better to think twice before making any financial decision.
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Lorence.xD
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August 03, 2023, 10:13:36 AM Merited by fillippone (1) |
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Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
For sure one main reason for that is people doesn't have financial knowledge or mentor. That once they have some amount of money they would just spend it to a temporary things or unnecessary. Why do you think people despite the fact that they could get rich with the amount of money they received from their salaries? Of course they don't have an idea about investing as they just providing all their satisfaction by just buying things which that feeling wouldn't even last. Investing is really a good as it could secure your future in a long run, also remember that inflation also increases in a long period of time. You do actually have a point as those temporary experiences, you could still experience them and more financially stable in the future. I think maybe the difference is the age that people would just go YOLO since they don't have much time left.
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sokani
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August 03, 2023, 10:58:15 AM |
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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".
There's nothing wrong in taking some time to enjoy the money you worked hard for like eating in a fancy restaurant, buying exotic cars and jewelries, going shopping or vacations. But it would be rather too bad for such a person to be living for the moment, not considering tomorrow or not having a good investment like real estate, auto sales and repairs etc to support one's exquisite taste. In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
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lienfaye
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August 03, 2023, 11:13:45 AM |
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This pretty much applies to investing in general and saving money in general. But a huge majority of people aren't really interested in investing (or worse, saving) unfortunately.
True. Many people are not into investing/saving and just want to spend their money on other things which they think would matter more. Thus even it's a wise thing to invest (regardless of how much you can afford), it still depends if the person is interested specially there's still people who are not aware of Bitcoin's existence. Nevertheless, if you value your hard-earned money and would like to gain even it takes longer, why not try to invest? If we can spend our money on leisure, maybe it's time to also allocate funds for investment. Anyway, we have our own way of thinking so it's understandable if we can't please everyone.
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dothebeats
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August 03, 2023, 11:37:26 AM |
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Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
For sure one main reason for that is people doesn't have financial knowledge or mentor. That once they have some amount of money they would just spend it to a temporary things or unnecessary. Why do you think people despite the fact that they could get rich with the amount of money they received from their salaries? Of course they don't have an idea about investing as they just providing all their satisfaction by just buying things which that feeling wouldn't even last. Investing is really a good as it could secure your future in a long run, also remember that inflation also increases in a long period of time. You do actually have a point as those temporary experiences, you could still experience them and more financially stable in the future. I think maybe the difference is the age that people would just go YOLO since they don't have much time left. People always feel like they are running out of time hence they spend whatever amount of money they have buying the things they want and for the "experience" while they are still young. However, what they forget is that if you work hard now and invest, you will be able to enjoy those things in the future without having to think if you will still have the means to survive the next days.
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Rabata
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August 03, 2023, 12:57:04 PM |
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that comment was make sense, we should think about future. I think we should set aside some money for investment, it is okay to buy some fancy food sometime as long as we have some investment. even some people prefer like to buy fancy stuff rather than fancy food because food don't last long. when our financial improved, we can afford better food, better stuff and better quality of life. we should accumulate more bitcoin now.
Those who anticipate about the future are the wise. No one knows what the future will be like the time you are going through now. Inflationary pressures around the world are hurting the entire economy. A reliable and accurate investment medium is required to survive in such a situation. Which is able to provide financial relief to an investor after a long period of time. Considering these things, we can definitely make a decision to invest in Bitcoin. There is no alternative to investing in Bitcoin to lead a secure life in the future by protecting our economy at least from inflation.
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hyudien
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August 03, 2023, 01:05:03 PM |
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There's nothing wrong in taking some time to enjoy the money you worked hard for like eating in a fancy restaurant, buying exotic cars and jewelries, going shopping or vacations. But it would be rather too bad for such a person to be living for the moment, not considering tomorrow or not having a good investment like real estate, auto sales and repairs etc to support one's exquisite taste.
In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
You are right, there is nothing wrong with taking advantage of the hard work that we have been fighting for. It's just that there needs to be a limit that is issued, not to cause ambition to feel excessive. Sometimes it's normal to spend money on yourself, as long as you can control it afterward. Profiting from investing or trading is the dream of many people like us working in the crypto world, and showing these results always varies depending on individual needs. Because once again, enjoying the results is proof that what we do has a satisfactory output.
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