With the current rate of inflation in our individual countries, many people see it that there is a better future in investing and holding Bitcoin for a long period of time. Many see it as a breakthrough out of poverty while some see it as a way of storing value. However, in as much as we love comfortability, convenience in our daily lives there are individuals who will rather choose to forgo short term pleasure like luxury purchases, expensive outings, Unfurnished apartments all for the sake of acquiring a lot of Bitcoin in their portfolio. They are determined and dedicated to believe in the long term benefit of Bitcoin while making personal sacrifices to secure their future.
Based on their commitment to keep to their decision it makes me ask myself how do this set of person go about their daily lives when they know they can afford those things they see around?
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?
Everyone is free to decide what standards of living they can accept in order to save and then use those savings to buy bitcoin, besides those luxuries that you are buying only help you on the short term, to some people it is way more important to secure their long term well-being, so if I have to choose between an expensive couch and invest that money in bitcoin now and then use that money on the distant future to be economically secure, I will choose the second option without any doubt.