Post
Topic
Board Beginners & Help
Re: Am i bad to this friend if i refuse to loan him some money in bad economy
by
Z390
on 08/03/2024, 12:51:28 UTC
Hey my fellow forum members, so I encountered a situation with a friend recently which taught me a lot of lessons, and also made a great reminder for me to keep holding Bitcoin rather than buying unnecessary items that don't have interest and value and depreciate.


Back to the story:
I made a thread here on the board on how my end-of-the-year Christmas bonus payment was used to buy Bitcoin instead of spending to buy new clothes as my friends and colleagues did back then.


Now I am profiting from my Bitcoin investments then and one of my colleagues is now in dear need of financial help, he needs some help, not life-threatening but money, and now I am not ready to loan him any money as long as it affects my overall Bitcoin holdings.

For those who may not have read the old thread, below is a quote from it.
So I decided to put some smiles on my face this season by buying Bitcoin as a Christmas gift for myself.
yesterday I and my friend/colleagues went to a shopping market for some Christmas shopping we were 6 in number and we all went to the market after receiving our Christmas bonuses from work.

My colleagues bought some fine shoes and other expensive items/ wears for themselves and every one of them was expecting me to do some picking myself because we all agreed to go on group shopping but on our way to the market I already had a rethink and a change of mind.

I decided to spend my money buying myself some Christmas gifts which is Bitcoin instead of buying some expensive clothes or shoes I decide to carry the digital BTC  in my wallet, instead of wearing shit that will soon get worn out.

This whole event taught me a great lesson that, instead of eating and spending your money as a newbie, there is a better chance of holding Bitcoin,  because in the future you have financial freedom.

What are your thoughts let learn together.

Maybe you have told me the amount of Bitcoin you are holding? The silly mistake that many people end up doing, people will come to you knowing that you can solve their problem because they knew what you are doing with your money, sometimes I see this as using someone to solve problems, and that's all they will ever need you for.

Assuming that all the bitcoin you hold is $10 worth, he won't be able to come to you, knowing that you invested very little about of money, even if that turn to double its still $20, won't do you any good, but I believe the amount is much and you already told your friend.

Now if you say no he will probably be a man and move on or turn against you, believe me it has happened to me before, I don't see any need to expect anything from anybody, but that won't stop people from coming to you for help, even if they are closed friends it's better to never tell them your worth, if you do they will feel entitled, since you are all friends, and if one is very bad he could wish for your down fall.