Post
Topic
Board Bitcoin Discussion
Re: How Do You Plan to Make the Most of Your Bitcoin Investment Before the Halving?
by
Rruchi man
on 06/11/2023, 17:47:38 UTC
  • I turned my apartment into a shared one, meaning I got a flatmate and used the money paid to buy more Bitcoins.
I will find it hard to take this decision, I find it difficult to trust people I have just met, so it will be difficult to share an apartment with someone new.

  • No more buying new clothes, shoes, phones, or electronic devices. No more eating out. I'll cook all my meals. The money saved will be used to buy more Bitcoins.
This is a good move, but for things like electronics, you may never know or plan well enough because they may just develop a fault that will force you to use some money to make repairs. You may get mugged and need to buy a new phone, you never know.

  • This month, I'm selling off my car and I'll start using the train for commuting to work or any other essential place. Therefore, unless it is absolutely necessary, my social life is going to suffer for a little while. This delay of gratification is worth it.
I cannot consider this, because commuting is not so easy in my country, there are no trains and subways.

  • I didn't renew my gym membership. I purchased some dumbbells and barbells to start working out from home. The money supposed to be spent on the gym membership will be used to buy more Bitcoins.
Rather than not renewing your gym membership, find a cheaper gym. Working out at home and on your own can get boring and be unmotivating for you that have a fitness plan.

How do you plan to make the most of your Bitcoin investments before the halving in 6 months?
I plan to reduce the amount of money I give out to people unnecessarily, because I find it hard to say no to people who ask for financial assistance within what I can do. I have noticed that it is getting out of hand because the economy of our country has worsened so many more people are always asking for favors, I have to learn to say No to some of these people.