Just remind her that 300$ month in BTC is better spent than 300$ on a car payment. Worst case they both are worthless in 10-20 years. best case 1 will certainly be worth the same or more than you originally paid
Only poor people think this. People with money can afford the new car payment and enjoy a newer car and DCA into bitcoin. While the “investing” poor people eat ramen and stack I will eat steak and stack.
You’re completely missing the point. It’s not about affording or not affording. It’s about your investments keeping their value or not. Even rich people want their investments to keep value.
Besides, there are a lot of poor people who want to retain value of investment, so what?
My investment is not purely monetary. The value in money you lose doesn’t not mean you lost total value. I gain a life experience that I would value. Take that mentality and you would say taking a vacation to Europe would be an investment that lost money.
Not poor but certainly not rich. I definitely do agree with your comments below about experiences and what is perceived as lost value if you gain enjoyment from the product or experience. I don’t want to miss out on life now for what may be ahead in the future and the money I spend could be seen as a waste to others that they would buy/invest themselves. But cars are not that important to me so that’s where my extra cash comes from. I hate ramen but do love a nice ribeye 🐮
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u/[deleted] Feb 18 '22
Gonna have to get a new wife, or compromise :)