Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by vapourminer (1)
Between I also got a new car 1199cc (delivered to me on Feb 13, 2025) and that was not after 2-3 years but after selling my car that was 16 years old. To me it's better to update things with time. Your Bitcoins are of no use if you can't spend them to upgrade your living standard rather you see them going high while sitting in your wallet all the time.
It's just me personal opinion and I know in advance that you will differ with it
It's just me personal opinion and I know in advance that you will differ with it
It is up to you to balance out your needs from your wants, and to figure out whether there could be some value in deferred gratification, or to figure out if you might be spending too many of your cornz too soon based on your desires to live beyond your means. I cannot make those judgements for you, even if I might choose differently from you.
Of course, many of us know that cars are depreciating assets, especially if we buy them brand new, and surely some geographical locations have more options for used cars or a better market for used cars than other geographical locations.
There is consent that we must not live beyond our means. Live a life that you can easily afford.
The issue with used cars is that they are less in price but require frequent maintenance or your weekends at workshop. New car if handled with car doesn't bother you for maintenance for at least 10 years from date of purchase. Here in Urdu we have a saying that (translated in English) "A person who buy expensive new thing (like car) cries one time but a person who buy cheap thing cries repeatedly."