Quote from: MainIbem on Today at 03:30:41 PM

As a Bitcoin investor especially someone who recently started investing on Bitcoin, if their's one thing such person should avoid, then it's spending recklessly cause it would definitely hinder the process of accumulation along the line, whereby money meant for accumulating periodically would be used to solve other pressing issues cause the person have tampered with his emergency funds and would be forced to used the one meant for investment to solve issues, every investor should be a good planner and spend money wisely and according to their budget, one should be spending beyond their income all in the name of entertaining themselves or having fun, if possible such person should avoid friends or things that would hinder their investment journey or level of accumulating Bitcoin.

Can avoiding friends be a necessary step for investment? For investment, you must give up some things, the main one being unnecessary spending. But I don't think hanging out with friends costs too much money. Even friends are one of our means of mental peace. Most of the time we spend our time in the hustle and bustle of work, maybe we get the opportunity to hang out with friends once or twice a week or a month, I don't think the money spent on this chat is an unnecessary expense at all. Because it is necessary to get mental peace by hanging out with friends for the progress of work.

But yes, spending too much on friends will not be the right thing at all. For this, you don't have to avoid them, rather you can reduce some expenses. In middle age, friends do not expect much money from you. Maybe everyone makes some plans together from time to time, which is definitely important for life.

For investment, you should definitely avoid some things that are harmful for investment. For example, your bad habits related to financial management and excessive generosity. A necessary generosity is certainly commendable, but anything in excess is not good. Even for a luxurious life, excessive spending should be abandoned.