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So we have to give up some temporary happiness to achieve something better in the future.
many people claim that they buy iphone for self reward, actually there is no problem with that because everyone is free to do what they want to do but sacrificing time and money for an item that depreciates every day is not a wise thing to do, it is stupidity.
now i prefer investment than buying luxury goods, the reason is simple because i no longer need validation from people out there, what i need is my bitcoin to keep increasing every month lol.
Yes, if a smart person certainly will not buy the item, basically the function of a smartphone is almost the same, all brands are almost like expensive smartphones. Most likely they buy luxury goods often triggered by the emotions of the surrounding environment and they want to have and want to show their social status so that they can be said to be capable people. Even though they know very well that the price of any cellphone in the future will definitely go down in price.
Even if I were in this position, I agree with what you say, it is better for me to buy a smartphone that is affordable for me and according to the criteria I want and the rest of my energy or money can be invested. Investment is much more important than having an expensive smartphone, with investment we can change our future slowly.