Community research: To drink or to buy coins? - page 2.

Darker45

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Quote from: Latviand on July 29, 2023, 02:38:30 AM

Quote from: Darker45 on July 28, 2023, 11:01:58 PM

Other than water, I usually only drink beer. I also drink the ever-popular Coke, of course, but I drink beer a lot more often. Nothing fancy, just the smaller, cheaper, and less strong San Miguel Pale Pilsen. It comes with 5% alcohol only. It tastes great. I used to hate it, but as I age it seems it slowly becomes the best choice.

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I usually buys it at $1.27. So, with Bitcoin's price at $29,371.83, it means I have to give up 23,127 bottles. If I do it, I will die without drinking it ever again. That would be such a tragic life. If that's what it takes, to hell with Bitcoin!

I'm not as fond of the alcohol as @Darker45 is, so if I were given the same choice, I would probably choose to give up that 25k bottles of Red Horse to get my hands on 1 bitcoin. I wouldn't agree with non-alcohol life is a tragic life thouugh, maybe a bit unbearable but not a tragic one imo.

I actually don't drink often. I usually just drink once or twice a week, consuming 3 or 4 small bottles each time. A cold San Miguel Pale Pilsen is a perfect company when you're into some introspection or whatever. Of course, I don't count those times when I'm with friends. With them, I usually drink more and with a stronger drink.

I'm curious, just what is Bitcoin to you? If you love your drink and you're happy having it every once in a while, why would you avoid it for the rest of your life just to attempt having 1BTC? What's 1BTC, anyway? Why would you let go of those beautiful moments drinking your cold beer in the beach, for example, or at your rooftop during sunset, or when there's an occasion?

This isn't entirely different with so many people being too hard on themselves, trying to avoid watching a movie, drinking with friends, going to a vacation, use their work leave, buying good food, and so on because they're saving for a house and lot, a car, farm for their old parents; in short, their future. What is life? Life is here and now. Your future may or may not come. Balance is the key.

hatshepsut93

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Quote from: franky1 on July 28, 2023, 02:24:07 PM

alcohol just becomes a headache to manage and a toilet flush 6 hours later.. its a waste

the whole idea of using disposible income to invest, is to use the income that would just go to waste andnot stick around. much better to invest..

You know a saying "if you enjoyed time wasted, then it wasn't wasted". Something similar goes for "wasted" spendings. Life is temporary, if you deny yourself everything, then you aren't really living. What's the point of saving money your whole life to own some BTC when you will be 70 year old - what are you going to do with them?

Everyone should have a balance between spending and saving. Because spending money on something that makes you happy is absolutely worth it.

DoublerHunter

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Quote from: stompix on July 28, 2023, 02:07:07 PM

~snip~
So, to drink (alcohol, or cola or tea or whatever Roll Eyes

) or to buy Bitcoin???

^Haha, deciding between indulging in our favorite drinks and investing in Bitcoin can be a fun dilemma!
Let us break it down with some global perspectives, considering purchasing power parity (PPP) and dollar-cost averaging (DCA) for more interesting insights. So now, my favorite usual drink is a cup of tea. In some parts of the world, a cup of tea might cost around $2, and now, let us see how many cups of tea I had to forget to save up for one BTC.
Let us assume that the price of one BTC was around $30,000. Now, keep in mind that BTC's value can be highly volatile, so it probably has changed significantly since then. For the sake of this example, let us assume the price is still around $30,000.
Now, let us imagine that I decide to employ a dollar-cost averaging strategy to invest in BTC. Instead of buying it all at once, I will invest a fixed amount regularly. For instance, I will put aside $15 every week to buy BTC.
At that rate, I had been able to buy 2 cups of tea per week with my $30 budget. To save up for one BTC at $30,000, would take me a whopping 2,000 weeks, which is around 38 years and 5 months, I guess.

Cryptomultiplier

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Eloncoin.org - Mars, here we come!

I have come to enjoy some of these pleasures like drinking alcohol, and in all my years of indulging, I have come to love whiskey, gin, stout, Heineken(among other beers), wine, palmwine of course among others am yet to taste or have tasted or de-taste. Hehehe.

On the average, the least #1k Naira which is about a dollar and 29 cents would afford me a bottle of Heineken which comes in cans of 24 in a pack/carton or bottle crates.
At the current BTC rate of $29,328, I couldn't possibly afford it because I don't drink more than 3bottles, nor drink any of the aforementioned in excess to that amount even when am among friends.

Current stand:
I will drink my booze in peace and plan for a DCA or to top my investment with an income and budget expenses plan from a valid income source.

Oneandpure

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I don't have habit with drink alcohol and soft drink, coffee is my favorite drink actually around my region full with coffee shop on ever place. I spent around $5 every day for coffee drinking and I don't think is worth stop drink and use it for investing in bitcoin, have another side income for investing in bitcoin and I won't stop my hobbies and most enjoy moment when drinking coffee exactly with my friend and coffee can push us more motivate for working. I have habit with coffee drink on every morning and night, I don't know less motivate for working if not begin my morning without drink coffee, maybe if any one here interested enjoying my country coffee can contact us how amazing taste from coffee and you can enjoy with ice or hot.

Depend each your choose, to drink or to buy coins with your habit spent money to make us more motivate for working and spent it for investing in bitcoin.

https://kumparan.com/tasty-meal/kopi-sanger

darkangel11

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I'm a social drinker, the only fluid I buy on regular basis is gasoline, since I drink filtered water, or tea, or...
For the purpose of the thread, I'll play along and give you an estimate of something that I like, but can't stop buying because even if I could stop drinking it, my wife would kill me if she were to find none of it in the morning.

On the average you have to spend £12 for a bag of decent coffee, so with around 23000 GBP per Bitcoin, you'd need to skip over 1.9k bags of coffee.
We usually buy 1 every month, so we'd be saving for almost 160 years to buy 1 bitcoin... I give up, it's better to drink coffee and forget about saving Cheesy

20kevin20

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Your thread sparked a curiosity for me: how many BTC could your country’s citizens buy if all spendings on certain drinks were saved instead of spent.

Romania’s 2019 consumption of beer totaled 1,660,000,000 liters. Beers here aren’t cheap nor expensive either, a liter ranges between 1.5 and IDK, 3 euros? Let’s say a liter costs on the less expensive side in average, for the sake of this post only. If on average we spent 1.5 euros per liter and we drank 1,660,000,000 liters, that’s a total of 2,490,000,000€ spent on beers. Romanians could’ve bought over 93,500 BTC in total had they saved money for BTC instead of buying beer.

348Judah

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Am also not a fan to alcoholic rrinks bit instead i take soft drinks and non alcoholic wine, if we are to make an estimate amount spend on alcohol and the health implications it has towards our body, it will be a discovery that may sound absurd to us when we realized how much we have wasted which could have been invested, maybe some believed that drinking is part of enjoyment but i want to believe there are more means to enjoy life than drinking away life and resources, if we invested with our money, it could afford buying multiple of thousands of what would have left our hands while drinking, both free and the one that cost you should be disallowed because one day, you may be pushed to taking money to buy what you enjoy doing instead of thinking on what to invest.

satscraper

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Quote from: stompix on July 28, 2023, 02:07:07 PM

Kozel Premium Pißwasser, 1.30E/ bottle, so I need to give up 20,472 beers!,

Don't limit yourself.

Do both in recursive manner .

Buy a lot of bottles of Kozel, drink it, return bottles for 5 cents deposit, buy coins, get profit, buy more Kozel again an so on.

Lorence.xD

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I usually drink milktea and of course I choose the affordable one which doesn't hurt to my wallet that cost around $1-2. I think you would love the taste of it especially if you always crave it. But yeah the thing is after you've finish drinking it there's a thought that it would be better to save those dollars for investment, because I don't know after drinking I just have the unsatisfying feeling because I could drink water which is more healthy to hydrate yourself. Maybe if I calculate all of those cost of buying milktea it might reach $10-20. But as of now, I've surpassed that buying milktea as a part of the lifestyle which I think it's good cause those spare money could go straight to investment. If you want changes you can actually do it because once you've succeed at investing at Bitcoin you could buy any amount you want.

SamReomo

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I always drink 1-2 cups of black tea during early morning time only and after that I avoid any drinks. The two cups of tea cost me less than a $0.25 per day and if I save that money then I won't be getting huge advantage to purchase more coins with just that amount of money. I have other expenses like buying a lot of fruits and organic foods, and all those costs me around $3 dollars per day in my country.

I'm quite sure that I will do more work to save money and invest that into Bitcoin, and I hope that in 2025 or later I will be able to have my own Bitcoin, and until then I will continue enjoying my life the way it is, and giving up of the food and fruits won't help me to achieve my goals because after all health is more important than wealth.

Z-tight

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Only BTC

I don't drink alcohol all that much, except when i go out with the boys, but that happens occasionally, so alcohol isn't a part of my favorite drinks. What i take more often is Coca-Cola, i have come to enjoy it so much and i think i take one of it at least every three days or so. It costs around $0.28 if you convert it from my local currency to dollars.

If i am to forfeit my favorite drink to buy 1BTC, i will have to forfeit over 100,700 of it. I won't leave one for the other anyway, i will just continue buying my favorite drink and BTC Cool

.

Lucius

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I don't have any special drink that I drink every day, it's mostly clean water (not from a plastic bottle or tap) or natural juices that we make every year. What I like to drink is good wine, and such wines have a price of around 50 EUR per bottle, - and I personally have no dilemma about what to buy, because when I buy a good wine, I drink one bottle and save the other as an investment🍷

Of course, some wines are more special than others, not only because of quality, but also because of some other things

kryptqnick

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Hm... I normally drink my tea daily, but it's not like I buy a pack of tea every day, and I'm not the type of person to buy drinks in a café or elsewhere regularly. A 100g pack of black tea (I choose Ahmad tea, Monomax, sometimes Lovare) costs around 100 UAH (EUR 2.5) in Ukraine, and it's enough for around half a month. The current price of BTC is EUR 26,565. That means I would take 10,626 packs of tea to save up for 1 BTC (at a current price, not adjusted to inflation and without accounting for the potential growth of BTC price). Since I need around 2 packs per month, it means being 5,313 months without black tea or 442 years Grin

Dr.Bitcoin_Strange

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I really love to start my morning with a cup of coffee and a particular soft drink, either during the daytime or for dinner. So, a Cup of the mixed coffee every morning and a can of Schweppes either in the daytime or in the evening would cost me about $1.8 every day. $0.3 for coffee and $1.5 for the soft drink. I will have to let go of 18,000 cans and 10,000 sachets of mixed coffee in order to buy one Bitcoin.

I don't think it's very possible to let go of the two, but rather I can discipline myself to make sure I am Investing more than usual so I can be able to archive 1 Bitcoin even in a shorter period of time than it might take me if I only decide to save $1.8 every day.

Blitzboy

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What an interesting idea, exchanging beer for Bitcoin. Just think of the stories we could tell our grandchildren about how we sacrificed the finer things in life in order to acquire our Bitcoin fortunes.

When it comes down to it, I'm just a plain old guy. For two dollars and fifty cents, I can get a good old fashioned Americano. To save up for a Bitcoin, I would have to forego a whooping 26,000 cups of coffee. But hey, I shouldn't need any coffee if the excitement of following Bitcoin's value keeps me on my toes.

And yes, I am currently writing this from my favorite European cafe. Here's to the exciting new Bitcoin world!

aoluain

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Quote from: stompix on July 28, 2023, 09:13:53 PM

Quote from: franky1 on July 28, 2023, 02:24:07 PM

Quote from: Faisal2202 on July 28, 2023, 02:28:29 PM

~

Quote from: franky1 on July 28, 2023, 02:54:39 PM

Quote from: ChiBitCTy on July 28, 2023, 02:57:44 PM

Quote from: The Cryptovator on July 28, 2023, 03:28:13 PM

Quote from: aoluain on July 28, 2023, 06:05:40 PM

Not really a deal breaker - but we should start asking the question - What else can I sacrifice
in order to buy Bitcoin?

Hmm, and a question back to you, does one really have to "sacrifice" things in order to invest=buy btc?
Rhetorical of course!

Btw guys I'm still on holiday and still enjoying a beer now and then Shocked

I'm going to update the table into a better format and give some more merit to the contributors once I'm all set in the next hotel and I'm done with planes and airports for a week.
Keep it coming as it has proven quite interesting, far more than I was expecting, especially on the habits and take on this, more than the prices themselves! Cool

Well I suppose it depends on a persons circumstances, personally I am always sacrificing
and compromising because my income doesnt allow for everything I want or to do.

Maybe we could look at it in terms of Sacrificing now to buy Bitcoin which is essentially
delaying gratification!?

Thought I would share images of my favourite drinks...

Uruhara

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I don't like fizzy and alcoholic drinks. But I'm a total coffee addict. However recently or in the past few months I have restricted myself from drinking too much coffee. I used to drink almost 5 cups of coffee every day. But right now I only drink about 3 glasses because I'm saving money and taking care of my body's health. namely 1 glass before work, 1 glass during work breaks, and 1 glass after work while doing online activities.

The price I have to pay for 1 cup of coffee is $ 0.2 . which means 150000 cups of coffee per 1 BTC (BTC Price = $30000) .

In this case I can not leave the coffee drink. because it also helps me stay focused on work. And I have to make more money working. So sorry your BTC lost by coffee. hahahaha but don't worry because the money that DCA makes is for you, O BTC. 50000 glasses = 50000 days = 139 years. DCA which is quite old.

Cantsay

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I am not the soft drink or carbonated drink fan. Due to the fear of certain health condition like diabetes we all in my house have restrained ourselves from taking carbonated drinks. But, whenever we want to have a drink we always go for yoghurt.

If it's for the whole family we always purchase Hollandia yoghurt which cost around 1.12$ but it's not something we purchase often.

For individual consumption, we always go for Nutri-Yo which cost around 0.29$ and like I said before I'm not a fan of soft drink but if I'm ever to purchase any for my consumption this is the one I go for. And I'll have to refuse a total of 101,221 bottles if I'm to get a Bitcoin with my yoghurt money.

[image source]

bitbollo

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Nec Recisa Recedit

Directly from Italy, my favorite drink is... water! ... To be more specific "Acqua San Benedetto"

Price 1 bottle 50cc = 0,50 cent
Bottles needed for 1 btc = 53180 (btc value = 26590).

Well in this case there is not much choice to reply "To drink or to buy coins?" Roll Eyes

Topic: Community research: To drink or to buy coins? - page 2. (Read 638 times)