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Topic
Board Beginners & Help
Re: Am i bad to this friend if i refuse to loan him some money in bad economy
by
knowngunman
on 18/03/2024, 13:56:11 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.

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.

This thing can not work for everyone. Majority you are seeing out there really want to invest too but I also don't subscribe to idea of investing when you are struggling of what to eat. Don't starve yourself simply because you are thinking about the future because the future itself belongs to those who are healthy. Take good care of yourself by eating well and dress nicely before thinking of investing. I understand you don't need to be absolutely balanced before investing but at least, you shouldn't be suffering too much. Again, investment doesn't keep you immune to financial challenges. In fact, sometimes it will consume your investment and savings and you'll have to seek for help too.

Concerning lending your friend money, it's at your own discretion to either borrow him or not but one thing is that you called him a friend and we don't know how solid your friendship is but regardless of your closeness, our ability to make things easier for people we call our own when we have the means is what make us human. Borrowing him the money if you wish will certainly pass a message to him about the importance of investing. The lesson has been learned already and you can easily school him about investing and why it's necessary.