Community research: To drink or to buy coins?

[Lucius]

I don't have any special drink that I drink every day, it's mostly clean water (not from a plastic bottle or tap) or natural juices that we make every year. What I like to drink is good wine, and such wines have a price of around 50 EUR per bottle, - and I personally have no dilemma about what to buy, because when I buy a good wine, I drink one bottle and save the other as an investment🍷

Of course, some wines are more special than others, not only because of quality, but also because of some other things

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[Z-tight]

I don't drink alcohol all that much, except when i go out with the boys, but that happens occasionally, so alcohol isn't a part of my favorite drinks. What i take more often is Coca-Cola, i have come to enjoy it so much and i think i take one of it at least every three days or so. It costs around $0.28 if you convert it from my local currency to dollars.

If i am to forfeit my favorite drink to buy 1BTC, i will have to forfeit over 100,700 of it. I won't leave one for the other anyway, i will just continue buying my favorite drink and BTC .

[SamReomo]

I always drink 1-2 cups of black tea during early morning time only and after that I avoid any drinks. The two cups of tea cost me less than a $0.25 per day and if I save that money then I won't be getting huge advantage to purchase more coins with just that amount of money. I have other expenses like buying a lot of fruits and organic foods, and all those costs me around $3 dollars per day in my country.

I'm quite sure that I will do more work to save money and invest that into Bitcoin, and I hope that in 2025 or later I will be able to have my own Bitcoin, and until then I will continue enjoying my life the way it is, and giving up of the food and fruits won't help me to achieve my goals because after all health is more important than wealth.

[Lorence.xD]

I usually drink milktea and of course I choose the affordable one which doesn't hurt to my wallet that cost around $1-2. I think you would love the taste of it especially if you always crave it. But yeah the thing is after you've finish drinking it there's a thought that it would be better to save those dollars for investment, because I don't know after drinking I just have the unsatisfying feeling because I could drink water which is more healthy to hydrate yourself. Maybe if I calculate all of those cost of buying milktea it might reach $10-20. But as of now, I've surpassed that buying milktea as a part of the lifestyle which I think it's good cause those spare money could go straight to investment. If you want changes you can actually do it because once you've succeed at investing at Bitcoin you could buy any amount you want.

[satscraper]

Kozel Premium Pißwasser, 1.30E/ bottle, so I need to give up 20,472 beers!,

Don't limit yourself.

Do both in recursive manner .

 Buy a lot of bottles of Kozel, drink it,  return bottles for 5 cents deposit, buy coins, get profit, buy more Kozel again an so on.

[348Judah]

Am also not a fan to alcoholic rrinks bit instead i take soft drinks and non alcoholic wine, if we are to make an estimate amount spend on alcohol and the health implications it has towards our body, it will be a discovery that may sound absurd to us when we realized how much we have wasted which could have been invested, maybe some believed that drinking is part of enjoyment but i want to believe there are more means to enjoy life than drinking away life and resources, if we invested with our money, it could afford buying multiple of thousands of what would have left our hands while drinking, both free and the one that cost you should be disallowed because one day, you may be pushed to taking money to buy what you enjoy doing instead of thinking on what to invest.

[20kevin20]

Your thread sparked a curiosity for me: how many BTC could your country’s citizens buy if all spendings on certain drinks were saved instead of spent.

Romania’s 2019 consumption of beer totaled 1,660,000,000 liters. Beers here aren’t cheap nor expensive either, a liter ranges between 1.5 and IDK, 3 euros? Let’s say a liter costs on the less expensive side in average, for the sake of this post only. If on average we spent 1.5 euros per liter and we drank 1,660,000,000 liters, that’s a total of 2,490,000,000€ spent on beers. Romanians could’ve bought over 93,500 BTC in total had they saved money for BTC instead of buying beer.

[darkangel11]

I'm a social drinker, the only fluid I buy on regular basis is gasoline, since I drink filtered water, or tea, or...
For the purpose of the thread, I'll play along and give you an estimate of something that I like, but can't stop buying because even if I could stop drinking it, my wife would kill me if she were to find none of it in the morning.


On the average you have to spend £12 for a bag of decent coffee, so with around 23000 GBP per Bitcoin, you'd need to skip over 1.9k bags of coffee.
We usually buy 1 every month, so we'd be saving for almost 160 years to buy 1 bitcoin... I give up, it's better to drink coffee and forget about saving

[Oneandpure]

I don't have habit with drink alcohol and soft drink, coffee is my favorite drink actually around my region full with coffee shop on ever place. I spent around $5 every day for coffee drinking and I don't think is worth stop drink and use it for investing in bitcoin, have another side income for investing in bitcoin and I won't stop my hobbies and most enjoy moment when drinking coffee exactly with my friend and coffee can push us more motivate for working. I have habit with coffee drink on every morning and night, I don't know less motivate for working if not begin my morning without drink coffee, maybe if any one here interested enjoying my country coffee can contact us how amazing taste from coffee and you can enjoy with ice or hot.

Depend each your choose, to drink or to buy coins with your habit spent money to make us more motivate for working and spent it for investing in bitcoin.



https://kumparan.com/tasty-meal/kopi-sanger

[Cryptomultiplier]

I have come to enjoy some of these pleasures like drinking alcohol, and in all my years of indulging, I have come to love whiskey, gin, stout, Heineken(among other beers), wine, palmwine of course among others am yet to taste or have tasted or de-taste. Hehehe.

On the average, the least #1k Naira which is about a dollar and 29 cents would afford me a bottle of Heineken which comes in cans of 24 in a pack/carton or bottle crates.
At the current BTC rate of $29,328, I couldn't possibly afford it because I don't drink more than 3bottles, nor drink any of the aforementioned in excess to that amount even when am among friends.

Current stand:
I will drink my booze in peace and plan for a DCA or to top my investment with an income and budget expenses plan from a valid income source.

[DoublerHunter]

~snip~
So, to drink (alcohol, or cola or tea or whatever   ) or to buy Bitcoin???

^Haha, deciding between indulging in our favorite drinks and investing in Bitcoin can be a fun dilemma!
Let us break it down with some global perspectives, considering purchasing power parity (PPP) and dollar-cost averaging (DCA) for more interesting insights. So now, my favorite usual drink is a cup of tea. In some parts of the world, a cup of tea might cost around $2, and now, let us see how many cups of tea I had to forget to save up for one BTC.
Let us assume that the price of one BTC was around $30,000. Now, keep in mind that BTC's value can be highly volatile, so it probably has changed significantly since then. For the sake of this example, let us assume the price is still around $30,000.
Now, let us imagine that I decide to employ a dollar-cost averaging strategy to invest in BTC. Instead of buying it all at once, I will invest a fixed amount regularly. For instance, I will put aside $15 every week to buy BTC.
At that rate, I had been able to buy 2 cups of tea per week with my $30 budget. To save up for one BTC at $30,000, would take me a whopping 2,000 weeks, which is around 38 years and 5 months, I guess.

[hatshepsut93]

alcohol just becomes a headache to manage and a toilet flush 6 hours later.. its a waste

the whole idea of using disposible income to invest, is to use the income that would just go to waste andnot stick around. much better to invest..

You know a saying "if you enjoyed time wasted, then it wasn't wasted". Something similar goes for "wasted" spendings. Life is temporary, if you deny yourself everything, then you aren't really living. What's the point of saving money your whole life to own some BTC when you will be 70 year old - what are you going to do with them?

Everyone should have a balance between spending and saving. Because spending money on something that makes you happy is absolutely worth it.

[Darker45]

Other than water, I usually only drink beer. I also drink the ever-popular Coke, of course, but I drink beer a lot more often. Nothing fancy, just the smaller, cheaper, and less strong San Miguel Pale Pilsen. It comes with 5% alcohol only. It tastes great. I used to hate it, but as I age it seems it slowly becomes the best choice.

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I usually buys it at $1.27. So, with Bitcoin's price at $29,371.83, it means I have to give up 23,127 bottles. If I do it, I will die without drinking it ever again. That would be such a tragic life. If that's what it takes, to hell with Bitcoin!

I'm not as fond of the alcohol as @Darker45 is, so if I were given the same choice, I would probably choose to give up that 25k bottles of Red Horse to get my hands on 1 bitcoin. I wouldn't agree with non-alcohol life is a tragic life thouugh, maybe a bit unbearable but not a tragic one imo.

I actually don't drink often. I usually just drink once or twice a week, consuming 3 or 4 small bottles each time. A cold San Miguel Pale Pilsen is a perfect company when you're into some introspection or whatever. Of course, I don't count those times when I'm with friends. With them, I usually drink more and with a stronger drink.

I'm curious, just what is Bitcoin to you? If you love your drink and you're happy having it every once in a while, why would you avoid it for the rest of your life just to attempt having 1BTC? What's 1BTC, anyway? Why would you let go of those beautiful moments drinking your cold beer in the beach, for example, or at your rooftop during sunset, or when there's an occasion?

This isn't entirely different with so many people being too hard on themselves, trying to avoid watching a movie, drinking with friends, going to a vacation, use their work leave, buying good food, and so on because they're saving for a house and lot, a car, farm for their old parents; in short, their future. What is life? Life is here and now. Your future may or may not come. Balance is the key.

[Sexylizzy2813]

I don't have any special drink that I drink every day, it's mostly clean water (not from a plastic bottle or tap) or natural juices that we make every year. What I like to drink is good wine, and such wines have a price of around 50 EUR per bottle, - and I personally have no dilemma about what to buy, because when I buy a good wine, I drink one bottle and save the other as an investment🍷

Water is water no matter where it's gotten from you just have to make it look unique, treat it like you treat something special with so much care, and one would think you got it at 50 eurs like you said for the wine.
Drinking of wine is another thing I really don't find interesting and I can't tell which had the best taste,. There's something in me that don't really accept wine, ones I perceive the smell of alcohol it kills my appetite for it I just don't know why. Is best I go for water instead😅.

Of course, some wines are more special than others, not only because of quality, but also because of some other things

Having a special wine would really cost a lot, with you being a connoisseur, it means you have to go for the real deal and you spend more to get that unique wine. I know you can do anything to get a better wine even if you spend up to 100 EUR😅.

[Latviand]

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I actually don't drink often. I usually just drink once or twice a week, consuming 3 or 4 small bottles each time. A cold San Miguel Pale Pilsen is a perfect company when you're into some introspection or whatever. Of course, I don't count those times when I'm with friends. With them, I usually drink more and with a stronger drink.

Dude, you still drink more often when you compare yourself to me although I would debate on it because when I drink, 5 to 6 bottles with other hard drinks include but it's an occasional thing I do so... I don't like drinking alone though, I feel like alcohol is better enjoyed with a company so I haven't done it yet.

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I'm curious, just what is Bitcoin to you? If you love your drink and you're happy having it every once in a while, why would you avoid it for the rest of your life just to attempt having 1BTC? What's 1BTC, anyway? Why would you let go of those beautiful moments drinking your cold beer in the beach, for example, or at your rooftop during sunset, or when there's an occasion?

Bitcoin to me is just a means of investment, that's it. For context, a lot of my relatives died of liver diseases so let me tell you this, if for real I was given a chance to get my hands to 1 bitcoin in exchange for not touching a bottle of alcohol again, I would take it no matter what, you can still have fun with your friends even without alcohol, that shit is just a marketing ploy made by those alcohol conglomerates to sell more beers, gins, tequilas and whiskeys. Just like you can still have fun in a club without powdering your nose with nose candy(cocaine). After all, it's the people that you choose to hang out with that's important right?

~

This isn't entirely different with so many people being too hard on themselves, trying to avoid watching a movie, drinking with friends, going to a vacation, use their work leave, buying good food, and so on because they're saving for a house and lot, a car, farm for their old parents; in short, their future. What is life? Life is here and now. Your future may or may not come. Balance is the key.

Well, the way to live a life imho is that you do what you want to do surrounded by the people that you love, now you can't say that people who devote their life to work and never go out partying as someone that didn't live their life, maybe they don't like partying or being surrounded by many people, maybe they're introverted or they only have fun with their close friends who are away and they can't contact. Different strokes for different folks as the saying goes. Just because you don't live their lives doesn't mean that you can say that they're not living their best life.

[Mr.suevie]

alcohol just becomes a headache to manage and a toilet flush 6 hours later.. its a waste

the whole idea of using disposible income to invest, is to use the income that would just go to waste andnot stick around. much better to invest..

You know a saying "if you enjoyed time wasted, then it wasn't wasted". Something similar goes for "wasted" spendings. Life is temporary, if you deny yourself everything, then you aren't really living. What's the point of saving money your whole life to own some BTC when you will be 70 year old - what are you going to do with them?

Everyone should have a balance between spending and saving. Because spending money on something that makes you happy is absolutely worth it.

Bravo! , I think you totally right imaging saving your life and restricting your with lots of pleasure that would have created memories and good times for you all in the name of acquiring more stacks of cash in your account, then eventually MR.DEATH comes knocking or later regrets show up because I bet you that when it gets to a certain age or time your supposed cash accumulated won't be more of an enjoyment when spending it even if you achieve your that supposed goal. It's better to live and also save up as the two can be done.

[KiaKia]

Till this day, many people in my life still find it surprising that I don't drink, I am not so into drinking, I don't even know how to drink anything alcoholic, maybe because my father isn't an alcohol fan either? I have few friends that have shamed me in the past because I don't want them to turn me into a drinker, we end up splitting up and I find myself good friend that don't drink, we reason the same way and I like it.

To protect your liver and kidney you need to stay away from drinking, but all in the name of no one lives forever some people prefer to drink themselves into oblivion, drinking is now an escape from the reality or a way to lessen their pain or disappointment, I am glad I am not like this.

It's really not a must to invest in Bitcoin, for everything we acquired in life is vanity upon vanity but I enjoy challenges and it's one of the reason to keep striving, it would be a boring life if I am not facing any challenges you know.

If you have to drink something, drink what will be of benefit to your health and body, alcohol isn't one of them.

[lovesmayfamilis]

Good motivation for my husband. I have not drunk carbonated drinks, let alone alcoholic ones, since the birth of my children, but I will motivate my husband to finally stop smoking. A pack of cigarettes, which can last him a little more than a day, costs about 3–4 dollars. To save his health and thereby get Bitcoin, he must deprive himself of about 10,000 packs. Frankly, I doubt that I can persuade him to make such a sacrifice.

[Lucius]

Water is water no matter where it's gotten from you just have to make it look unique, treat it like you treat something special with so much care, and one would think you got it at 50 eurs like you said for the wine.

I would never agree with that, because not all water is clean and healthy for drinking, and if someone thinks they are drinking healthy water from a plastic bottle, let them do a little research on what that plastic releases into the water and what you are actually drinking. Researches say that even about 70% of bottled water comes from taps anyway, which is another piece of data that shows that most people live in a delusion about what they buy.

Having a special wine would really cost a lot, with you being a connoisseur, it means you have to go for the real deal and you spend more to get that unique wine. I know you can do anything to get a better wine even if you spend up to 100 EUR😅.

For some, 50 EUR is a lot, for some it is not, it all depends on where you live and how much you earn, and of course on how much wine you drink. In addition, good wines are not only good as drinks, but can also be a good investment because their price increases over time.

[yazher]

The rules are always straightforward when you want to spend on something, you need to consider first to ponder upon whether it is an asset or a liability. Most of the time we don't think of such kinds of possibilities rather we always rush to buy them as soon as we can afford it. But that's not the case when buying bitcoins because it is pure assets and earnings it will gonna multiply your capital if you did the right way to buy low and you know how to protect your bitcoins for the long term. When you turn away from those bad habits and instead spend everything on bitcoins instead, that's clearly an asset that will also become your treasure in the long run.