Anyone here who made it with Bitcoin but still keeps living like a average person? Thank god I made it, thanks to Bitcoin. But I keep staying in cheap hotels, try to eat good food but without spending unnecessary money etc. For example, I eat a good steak but I don’t choose a steak house but prefer a supermarket where you buy the meat from the butcher and then they cook it for you in the built in restaurant.. That costs me 20 bucks vs 60-80 bucks in the steak house for the same meat. I’m not sure if this is a good or a bad habit. I hate to spent money on things that do not give me more benefits than the cheaper version. A luxury hotel is nice but at the end you just need it for the night sleep. I’m outside all day exploring. Some people spent 500 bucks a night for a hotel. I try to safe 5€ per night by finding the same hotel over google. Usually I pay 40-50€ per night for a hotel
Another example, I live in the center of Bangkok and stay in a luxury apartment in Asok. The room is only 30 sqm and it costs me 700 euros a month. I could have a 60 sqm apartment in the same building but would cost me 1400 Euros. I just can’t justify spending that much money every month because it’s money I won’t ever see again. So, I live on a budget, but still in a luxury place. Trying to find the middle way when it comes to spending money.
Would be interesting to hear different opinions on this topic. Some people spent it on yachts and lambos. I try to live as cheap (but good) as possible.
Why don't you move to a better place where things are much cheaper and the rent doesn't cost you 700 euros per month? In many countries people live for less then $200 per month and that life isn't just simple living but fully enjoyable living for that amount. I know in many places the rent for a whole house if around $100 to $150 per month where you can get 2 bed rooms and 2 bathrooms plus a 1000 sq ft area. If you purpose is to save money then my suggestion would help you better but if your purpose is to save your money and not utilize your Bitcoin earned wealth then you might do whatever suits you better.
We have got this life for one time only and we must have to enjoy it fully. We won't return to planet Earth after departure so it's not really needed to live below average life when you have the money that you can spend to acquire things that make your life more enjoyable. I won't say that it's fair to waste money but utilizing money is needed sometimes in order to have pure happiness in our lives.