Denying yourself comfortability in other to buy Bitcoin

[Rockstarguy]

Do you think this is a strategy to accumulate Bitcoin faster because of the volatile nature of Bitcoin?

Lastly have anyone come across any individual who will deny his comfort for Bitcoin and what do you think are their motivations?

In life investing comes first before any kind of spending on luxuries, when their is no plan for investment and luxury is being consider it will lead to financial breakdown. I think their is nothing wrong to put every luxury life style on pause to meet up with investing bitcoin because doing this it will definitely add to more value in the future which a luxury lifestyle can never. It is only those that understand investments that wont even get bothered about buying properties.

It is better to go for investments to gain profit than buying properties that will lose value over time.  The only way wealth can be acquired is through investments and not buying of properties which will not bring any financial value. Some of the the luxury we buy we don't really need it , instead it something to just show up to give people impression of being rich.

[tygeade]

I'm not in Japan, usually we just say instant noodles here but globally ramen is understood. Actual ramen is very expensive our instant noodles is cheaper brands than indomie + egg + veggies is cheap lol!

But my message stays, skimping on health and self improvement for a few satoshis more is not the way, especially if people think it's to get their trading balance up.

DCA savings. Get better jobs, better health ec = better income, more savings = bigger DCA. Worry about the important stuff in life, Bitcoin is diversification of savings. Denying comfort is okay, denying self improvement is a big big no.

This is what I believe as well, investment to yourself today, could mean a lot more money later on. Plus, health has interest as well, if you end up not taking care of something today, when it is a minor health issue, then you will take care of it later on, when it grows up and becomes bigger.

The best example I saw online, was that if you have some small tiny issues on your teeth, like lets say you did not went to get it cleaned, which is minor and cheap, then next year you may go to get a root canal, that's a lot worse. I believe that it would be important to invest to your health and well being now, so that you could be making a lot more money in the future, and should be something that we all care about one way or another.

[Dimitri94]

There are some people who don't think about their own comfort and rush to accumulate bitcoins, thinking that the faster they can accumulate bitcoins, the faster they can become successful. Here some people can achieve their goals but there are some who will not achieve their goals because they invest all money in bitcoin and at some point they will need that money and they will be forced to withdraw that money.

I don't think such an investment should be made. This will create stress on an investor which will react differently to his normal life. I think it is better for an investor to save whatever money is left over in Bitcoin after he is done all his expenses. In this case they can grow their portfolio with long term savings which we call DCA.

[Lorence.xD]

Do you think this is a strategy to accumulate Bitcoin faster because of the volatile nature of Bitcoin?

Lastly have anyone come across any individual who will deny his comfort for Bitcoin and what do you think are their motivations?

In life investing comes first before any kind of spending on luxuries, when their is no plan for investment and luxury is being consider it will lead to financial breakdown. I think their is nothing wrong to put every luxury life style on pause to meet up with investing bitcoin because doing this it will definitely add to more value in the future which a luxury lifestyle can never. It is only those that understand investments that wont even get bothered about buying properties.

It is better to go for investments to gain profit than buying properties that will lose value over time.  The only way wealth can be acquired is through investments and not buying of properties which will not bring any financial value. Some of the the luxury we buy we don't really need it , instead it something to just show up to give people impression of being rich.

It is really possible if we disregard buying unnecessary things in life like just providing all our essential needs, we would have a lot of savings as well the investment. Luxury could be considered as an investment as well cause some of the luxuries increase their value over time like the rarity since some of the products are being phased out or made limited. Some people prefer to live more simply like in the picture posted by the OP, I don't know why some judge it but I consider it normal. We shouldn't judge someone based on their outer look or appearance, they might have millions in their account but like to live that way, they don't want to hassle themselves to look rich they just want to be comfortable.

[Biggeno]

Lastly have anyone come across any individual who will deny his comfort for Bitcoin and what do you think are their motivations?

I personally have a lot of friends who basically had to invest into crypto currency and had to live the uncomfortable lifestyle because they had plans far ahead into the future, permit me to say they do have a great sight for the future and are willing to do anything to get it.

People who are willing to achieve their goals have to in all situations, put themselves in front of risk at all times, they should always see the benefit ahead and never settle for less or live the short-term life majority of people do.

That's why it's always encouraged to invest in your self because that's the only way to excape poverty and others.

[Russlenat]

I’ve been doing this when I started purchasing bitcoin. I never go to bars more often, I minimized my gambling activities, and I stop buying my dream gadgets so I can save a lot to invest in bitcoin. But later on I realized, that there is still no guarantees that I will be highly profitable with bitcoin in the end knowing it’s price would suddenly moves up and down. So what I do now is just to invest on my spare money. I can still enjoy my extra money with some of my wants, and at the same time invest in bitcoin without setting a fixed target when to sell.

[harapan]

Not everyone can withstand the pressure of surviving in a discomfort situation and it takes a person with strong determination to make good decisions when in this kind of situation so I think it's an error for me cause depriving yourself a good life to hold Bitcoin that you don't know what the market is going to be in the next few months sounds like suffering yourself. It is better to buy and hold when one is comfortable financially I believe you will have the courage to overlook the price and keep holding your Bitcoin regardless of the panic and fears.

I've really not been opportuned to use bitcion in making transactions but is it really possible to deny oneself all round comfortability just so one can invest in bitcoin?let's ensure that we prioritize our decisions wisely,or not so to our detriment.

[slaman29]

DCA savings. Get better jobs, better health ec = better income, more savings = bigger DCA. Worry about the important stuff in life, Bitcoin is diversification of savings. Denying comfort is okay, denying self improvement is a big big no.

I believe that it would be important to invest to your health and well being now, so that you could be making a lot more money in the future, and should be something that we all care about one way or another.

It's a crazy mentality that exists long before Bitcoin came. I've seen it all, I've heard from seniors who were active in the nineties even, same behavior. People skimping on themselves just for a bit more. Grinding at LOL to earn coins they sell for $50 in a week. Sounded like a lot of money where we come from but they stayed up 20 hours a day, doing nothing but clicking. Drinking coke and eating ramen. Not forgetting costs of power and internet in those days was not monthly fee but per minute!!

Then forex came along. Then Bitcoin faucets.

I fell for faucets early. Spent days and days and weeks, turning to months! Just to collect few satoshis, it was crazy addicting. Then for ICOs and trading alts. Got lucky some got worse others overall no gains. But wasted so much time. I look back if I just took extra shifts, or studied certifications or even just ate better. I'd be better off. Richer. My DCA now would be even earlier.

[Baki202]

Lastly have anyone come across any individual who will deny his comfort for Bitcoin and what do you think are their motivations?

I don't think so because all of the people who invest in Bitcoin here don't just sit back and enjoy their money; they also have other businesses in addition to their Bitcoin ventures. I don't think buying Bitcoin should restrict people from having fun if there are other ways to make money. We all know it's wise to invest early but at your own discretion, so protecting your investment by holding does not imply you have to starve yourself if it doesn't work out to invest in Bitcoin. Instead, take good care of yourself before considering investing.

I personally have a lot of friends who basically had to invest into crypto currency and had to live the uncomfortable lifestyle because they had plans far ahead into the future, permit me to say they do have a great sight for the future and are willing to do anything to get it.

People who are willing to achieve their goals have to in all situations, put themselves in front of risk at all times, they should always see the benefit ahead and never settle for less or live the short-term life majority of people do.

That's why it's always encouraged to invest in your self because that's the only way to excape poverty and others.

Making plans for the future is a wonderful thing, but don't go overboard with it to the point that people won't want to spend money, even at the expense of their own health. This is terrible because if you die, who will benefit from the investment? at the very least make an investment while also taking good care of your diet and overall well-being. and for that reason, it is advised that you find a job, make money, and also pursue other profitable side projects. Doing so will keep you financially secure. Even though bitcoin investment on its own carries risk, many people have found success with it. If you don't have a job, though, I would advise holding off on buying Bitcoin until you do. Planning and goal-setting are the foundation of everything.

I’ve been doing this when I started purchasing bitcoin. I never go to bars more often, I minimized my gambling activities, and I stop buying my dream gadgets so I can save a lot to invest in bitcoin. But later on I realized, that there is still no guarantees that I will be highly profitable with bitcoin in the end knowing it’s price would suddenly moves up and down. So what I do now is just to invest on my spare money. I can still enjoy my extra money with some of my wants, and at the same time invest in bitcoin without setting a fixed target when to sell.

it takes a lot of discipline to stop doing the fun things just to avoid spending your Bitcoin, it is good and I feel setting days to go to have fun is not a bad idea even if it twice a week. stopping all this does not guarantee your profit is secured because the nature of the market is not predictable and bitcoin is usually a long-time business so even if you will make a profit it will be a long time. i love the strategy your using invest with your spare money because if your married. it wont because as everyone things if not that you are making good money.

[Onyeeze]

bitcoin until now has not been able to be easily used for transactions in real life. for example, buying cigarettes, eating at stalls still cannot. and for online transactions to buy goods in the marketplaced there are still few who support. that's the thinking of ordinary people when they want to enter bitcoin, let alone buy bitcoin.
because the price of bitcoin can also experience a decline in price, but the price does not always continue to rise.

why it happens that way is that many people does not know about Bitcoin and the government I have not legalized bitcoin properly across other countries so if Government have generalized Bitcoin it can be used to purchase anything you want so since it is not a traditional currency which is being known for ancient time till now, you cannot use Bitcoin to purchase minor things in the shops because its not well legalized as a traditional currency, but other shops that is big like amazon and apples  🍏 you can purchase stuffs with bitcoin

[Lantind]

I personally support the idea of long-term investment in bitcoins, but I've always been curious about how people, by foregoing many comforts, including personal pleasures, manage their finances in their daily lives. These individuals are very resourceful and determined. I've also encountered many people who deny the success of Bitcoin, these are usually individuals who don't understand anything about cryptocurrency and have no interest in it whatsoever.

When someone makes an investment and ignores the comfort of the investment they are making, I think this will put us in trouble when we are investing and it is possible that we will make the wrong decision and it could even be detrimental to ourselves and it would be better to decide to invest We still have to be comfortable with the investments we make and not force ourselves to invest because it will be very difficult to make a profit if we force ourselves to invest.

That's right, for those who deny the success of Bitcoin, of course they don't understand Bitcoin well and they don't study it, in fact they only hear from other people about Bitcoin who also don't study Bitcoin.

[Apocollapse]

Why you're not eat from trashcan/leftover food, never purchase anything and live in street to save money?

Don't make it complicated, you might see someone only wear a same clothes everyday, eating a cheap healthy food and avoid to purchase unnecessary stuffs. If you think such lifestyle make you not comfortable, other people who follow that lifestyle might disagree with you and think it's already enough.

I personally support the idea of long-term investment in bitcoins, but I've always been curious about how people, by foregoing many comforts, including personal pleasures, manage their finances in their daily lives. These individuals are very resourceful and determined. I've also encountered many people who deny the success of Bitcoin, these are usually individuals who don't understand anything about cryptocurrency and have no interest in it whatsoever.

It's a big joke if you think Bitcoin is the only one way to get rich, someone can be successful by investing in real estate or any other investment that hedging against inflation.

[LesterD]

I personally support the idea of long-term investment in bitcoins, but I've always been curious about how people, by foregoing many comforts, including personal pleasures, manage their finances in their daily lives. These individuals are very resourceful and determined. I've also encountered many people who deny the success of Bitcoin, these are usually individuals who don't understand anything about cryptocurrency and have no interest in it whatsoever.

It's a big joke if you think Bitcoin is the only one way to get rich, someone can be successful by investing in real estate or any other investment that hedging against inflation.

We all know that investing requires knowledge and understanding. Bitcoin is not the sole means to become wealthy, indeed. However, it can be a major investment for some individuals to make a considerable profit. This is frequently due to a lack of knowledge about investing in other options like real estate, gold, or other investments.

[Natsuu]

People skipping on short-term luxuries for Bitcoin are basically banking on its long-term potential and the idea that its volatile nature could lead to quicker accumulation. I mean their daily routine involves saying no to fancy purchases and outings, all to stack up more Bitcoin. It's a quirky lifestyle choice I think because they believe in the power of cryptocurrency. It's a bit unconventional but the sacrifice today might just be the ticket to a comfy life

[rachael9385]

It is said in my local language that those who brings them self down have a good reasons.
One can not have all the money he has and keep him or her self down with any good reason. He or she might have a good reasons to do so.
In as much as investment is concern, one should not Bragg about it because the original outcome of the investment is not yet known to even the investor and others doing the investment.
So keeping secrets are sometimes good because people might want to under estimate you when you are suffering trying to hold onto your Bitcoin for longer with a better hope that you will have (that Bitcoin will someday boom)
IMO, there is not harm in holding Bitcoin the right way, if you think that stoping unnecessary spending will help you to hold or accumulate more Bitcoin, there is no harm in doing that as it will one day benefit you some, people around will be think that you don't have money that's you are no longer spending money but not knowing the plans you until the actual date when bitcoin will boom for you and the whole world will be at shork.

[Y3shot]

I’ve been doing this when I started purchasing bitcoin. I never go to bars more often, I minimized my gambling activities, and I stop buying my dream gadgets so I can save a lot to invest in bitcoin. But later on I realized, that there is still no guarantees that I will be highly profitable with bitcoin in the end knowing it’s price would suddenly moves up and down. So what I do now is just to invest on my spare money. I can still enjoy my extra money with some of my wants, and at the same time invest in bitcoin without setting a fixed target when to sell.

Denying some kind of lifestyle to invest in bitcoin is not a bad decision,  for people really understand what bitcoin is for them to have the courage to deny themselves of pleasures they know what they will gain from bitcoin in the future by investing in it. The main target is to increase financially and not to spend money on things that can not help you to grow financially. Investing will always be my first decision because know the value it will later bring me.

[Samlucky O]

Do you think this is a strategy to accumulate Bitcoin faster because of the volatile nature of Bitcoin?

Lastly have anyone come across any individual who will deny his comfort for Bitcoin and what do you think are their motivations?

I don't think there is any need to deprive yourself of comfort all in the name of Bitcoin investment. In as much as Bitcoin investment is concerned, I have never seen a place that state that for you to be successful in Bitcoin investment you should deprive yourself of comfort. The essence of life is comfort and privacy and when there is no comfort it becomes a problem.

There are basic needs that needs to be settled before venturing into Bitcoin investment. Bitcoin journey is too far to start depriving yourself of comfort. If you decide to deprive yourself of comfort, when will you be able to make life Comfortable to you? Because as far as Bitcoin is concerned it's a very long journey. So before you Start Investment, make sure you settle the necessary things in place before accumulation.

[Distinctin]

Lastly have anyone come across any individual who will deny his comfort for Bitcoin and what do you think are their motivations?

It's a very broad question because everybody has a different idea of what confort means. For some people it could mean eating just bread and onion (it's an Italian expression ), for others it could mean eating out just 2-3 times per week instead of doing it almost daily. Personally I try no to waste my money in useless stuff like designer clothes, new cars, etc. But if I actually need something I just get it. I'm not so sure about other people, I know some friends of mine became more cautious with the way they spend money while others no matter how many expenses they have, they just keep spending more and more, if I were in their position I wouldn't be able to sleep at night...

I guess living in comfort for me means being able to live a life having your wants and needs around, while other people only prioritize their needs over wants so they can reserve also some spare money for their investment. That’s exactly how I live my life these days since I have to invest as well in bitcoin for my retirement. Maybe if I have no future plans, then I would never be eager to save, and spend my money like there’s no tomorrow.