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Topic: Don't you think you should invest in Bitcoin instead of burning your money in fire - page 2. (Read 835 times)

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The world is changing really fast. Nowadays school students starting from 9th-10th students to college level students are indulging in smoking to show themselves smart, nowadays it has increased a lot. When a student is addicted to smoking, he spends about one to one and a half dollars a day on buying cigarettes. A cost per month is $30 to $45, which if converted annually is $360 to $540. A student spends about $2,500-$3,700 on smoking over seven years. If we had saved this amount of money in any investment or for the future without spending it unnecessarily during our student life, then the path in life would have been very easy. The most difficult journey of a student's life begins in the years after graduation, when your savings or investments may come in handy.
If a student invests in coins like bitcoin without burning $2500-3700$ in his education life and also while he is busy establishing himself, this amount of money will power the way. Many may say that bitcoin risk has little guarantee of future profits but smoking guarantees that you will die very soon. I want to say that since I took the risk, why am I not in Bitcoin!
I have one regret because I have been through this cycle. I know and also know my community who is doing what how. I don't know if there are such members in this forum, but maybe there are many who have grown up or are in this cycle, to them I would like to tell them to quit smoking and start saving money and invest in Bitcoin and ensure a bright future.
Look it seems interesting but we can't completely deny the impact of schooling on the life of our children's. I have seen child's completely different from the ones who went to schools. Schooling creates a way of expressing into students. They learn by interacting with different individuals sitting at the same area with different minds.

Yes you can debate on how to give your children's schooling. You can give them by yourselves it's not a deal but you can simply leave them without any schooling. Home schooling can be introduced and for interaction arrangements can be made.
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to them I would like to tell them to quit smoking and start saving money and invest in Bitcoin and ensure a bright future.
Mate, that is much easier said than done.

Smoking is an addiction that someone can’t easily overcome. I’m sure a lot of them also hope to remove this hobby from their lifestyle but they can’t because they are wired to keep smoking. Because they are addicted to it. Though just like you, I also wish for them to put their money into a much healthier activity like investing in crypto.

Yes that true many think that to quit from something one is already addicted is just by mere word , it take strong courage and conserted effort that is why not all who desire to quit do quit because it more easier to say than done as I do concur to the statement, friend of my who by virtue get addicted to taken if indian hen it's very hard for him to escape this it get to a point that even when he said he will quite but couldn't , some of this thing has a spirit that control whoever that is engaged deeply on them even when they want to stop they can't because is like the has taken charge over them as they can't do without it even there energy rely on that for them to do anything.

My father was originally a smoker and had smoked for more than 40 years, but after a general health check, the doctor said his lungs were melasma. After returning home, he quit smoking immediately without anyone's advice or help. Even now, when sitting near a smoker, he still feels very smelly and uncomfortable. Obviously, people can't quit smoking because they don't have enough convincing reasons or don't really want to quit, but nothing is too difficult as you say. My father and my uncle are living proof that I have witnessed it. Smoking addiction is not as terrible as drug addiction, so don't say that quitting is too difficult.

In my country, cigarettes are very cheap, only costing 0.50 USD a pack, is using that money enough to invest in bitcoin? Would someone invest $0.50 in bitcoin every day?  Grin Grin
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I've got a lot of smoking friends during my highschool and college life. They've never stop doing that but not all of them ended with a bad life.
It’s good that you were not influenced as many people would have been especially during high school days as students. I don’t think smoking directly correlates to havin a bad life but it can definitely affect your life in more ways than you might think. Physically, mentally and financially, you can be affected by smoking or any other addictions.
I don't know, I just don't smoke at all. I tried few sips of it but I don't like that. Maybe it's on the genes or something.

Quote
While that will help them in the future if they use it for investing but with the younger minds today, they won't think about their future as they think about how to have fun at certain age.
All of us were young once. We all know the feeling of wanting to have fun and not caring about anything but I hope kids nowadays stop for a moment and start thinking that there’s more that lies for their future and everything they do now will have consequences.
They won't stop.

They're going to look at the examples which are the old ones and that's us, I'm not that old at all but I mean the mature folks.

They're just copying what they're seeing from the others but I hope that they'd see the better part and that's about investing in BTC.
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If we continue to recount all the things we spend money on instead of investing, we will continue to live in regrets. First of all, for students in high schools and colleges, the main focus is to acquire basic education relevant to their field and at that level it is best they concentrate more on learning and saving. Introducing bitcoin investment and any other forms of investment will be a kind of distraction to them.  Once a child begins to make millions from his investments in bitcoin, formal education will make little or no sense to him and remember, no education is a waste. Bitcoin investment isn't fading away anytime soon, they still have a long way to go. Money spent on smoking and other things not relevant can be saved while still sorting out their academic works.

I also do not support encouraging students to invest in bitcoin because it is not a mandate or something they should care about. What they need to focus on is studying hard and trying to achieve the best results because that is their future. Regarding whether they have living needs or bad habits such as smoking or drinking alcohol, it is best for them to limit or stay away, and use that money for things related to their studies, not for investing.

But honestly, I don't see any connection between investing in bitcoin and smoking. Just like some of us will like to go drinking with friends on the weekend after hard working days, some will choose to picnic with family, watch movies...should we give it all up and save to invest in bitcoin?
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I have one regret because I have been through this cycle. I know and also know my community who is doing what how. I don't know if there are such members in this forum, but maybe there are many who have grown up or are in this cycle, to them I would like to tell them to quit smoking and start saving money and invest in Bitcoin and ensure a bright future.
It is common to assume that the money we spend on items like cigarettes, alcohol, and other unnecessary things is insignificant. But when we gather the money we carelessly spend for a long time, it can be enough to invest in a profitable venture. So I support op that smokers can quit and keep the money aside which can help them to put it into an investment. I support his stance wholeheartedly because smoking has no nutritional benefits and has severe health consequences. So quitting will be good for our finances and health. If some people calculate how much they have spent on cigarettes for twenty years, they would have been millionaires if they had bought and held Bitcoin for a long time.   

Individuals who smoke cigarettes may struggle to quit and consider investing in bitcoin. Those who smoke may lack family support, leading them to pursue other interests. If you know someone who smokes or consumes alcohol, you may feel hesitant to approach them. expect is your love once that you can talk to and he will be very difficult before you convince him because everyday they most take it and if they didn't take it they won't enjoy there life because is like there daily work.

Op all these people you are thinking they are wasting their money on fire, you can't convince them to invest in bitcoin because what I see with them they can't have the patience to invest for the long term and be profitable. let me give you one example to understand how people that are wasting their money that didn't bring value to their life, now that you are investing in bitcoin and you are enjoying it, and someone just told you that you should stop investing in bitcoin, definitely you can't stop it because you are making something from it and that is how people who are consuming cigarettes think about when you said they should stop, he will be difficult for them to list to your advice and invest. And that the users they prefer to do something that generates daily income so that they can spend it.
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Young people these days are very different if I compare them to the 90's. Today's young people feel too entitled because of the social media we have today. Are they the type who thinks they are always right and there is nothing wrong with what most of them say?

Also, for the majority of young people today, their priority is to enjoy being teenagers; they don't have the future savings that are mentioned in their minds, and they don't know about these things yet. Because all they think about is the money their parents will give them that they didn't work hard for.
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to them I would like to tell them to quit smoking and start saving money and invest in Bitcoin and ensure a bright future.
Mate, that is much easier said than done.

Smoking is an addiction that someone can’t easily overcome. I’m sure a lot of them also hope to remove this hobby from their lifestyle but they can’t because they are wired to keep smoking. Because they are addicted to it. Though just like you, I also wish for them to put their money into a much healthier activity like investing in crypto.

Yes that true many think that to quit from something one is already addicted is just by mere word , it take strong courage and conserted effort that is why not all who desire to quit do quit because it more easier to say than done as I do concur to the statement, friend of my who by virtue get addicted to taken if indian hen it's very hard for him to escape this it get to a point that even when he said he will quite but couldn't , some of this thing has a spirit that control whoever that is engaged deeply on them even when they want to stop they can't because is like the has taken charge over them as they can't do without it even there energy rely on that for them to do anything.
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I've got a lot of smoking friends during my highschool and college life. They've never stop doing that but not all of them ended with a bad life.
It’s good that you were not influenced as many people would have been especially during high school days as students. I don’t think smoking directly correlates to havin a bad life but it can definitely affect your life in more ways than you might think. Physically, mentally and financially, you can be affected by smoking or any other addictions.
Quote
While that will help them in the future if they use it for investing but with the younger minds today, they won't think about their future as they think about how to have fun at certain age.
All of us were young once. We all know the feeling of wanting to have fun and not caring about anything but I hope kids nowadays stop for a moment and start thinking that there’s more that lies for their future and everything they do now will have consequences.
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In all aspects, smoking is a bad habit. If we can encourage the students not to enter smoking or stop smoking for good, definitely that would bring a relief. With that, they can start saving their spare money from their allowance that could be of benefit in the future.
I've got a lot of smoking friends during my highschool and college life. They've never stop doing that but not all of them ended with a bad life.

But it's true that it is bad and they might not experience the health concerns of it as soon as possible but once they grow older, they'll feel it.

They don't think that the money that they use to buy for smokes are coming from their parents hard work. Even with that, with the spare money that they have still being allotted to things that they do like with vices.

While that will help them in the future if they use it for investing but with the younger minds today, they won't think about their future as they think about how to have fun at certain age.
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That's a very good advice from op, however this topic reminds me about my friend who's addicted into smoking and the worst part of it is that he smokes different type of cigarettes so there was a day i met him when he was smoking, then i ask him that is there any profit in smoking? Though he was bold enough to tell me that actually there's no profit in smoking. rather each and everytime he smokes that there's this inspiration that he normal get, so i was like advising him to quite from smoking cigarettes that smoking is not good for his health, first thing he did was to thank me for my advice that  indeed I'm a very good friend but quitting from smoking is very difficult for him, that i Should give him two months to think about it, so i did so at this point i was hoping that he's going to change within this two months. so after some weeks i decide to check up on him, so when i went to his house only for me to discover that he's still getting more addicted to smoking, so ever since then i have not been calling him nor check up on him unlike before.
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I have one regret because I have been through this cycle. I know and also know my community who is doing what how. I don't know if there are such members in this forum, but maybe there are many who have grown up or are in this cycle, to them I would like to tell them to quit smoking and start saving money and invest in Bitcoin and ensure a bright future.

I am sure that those years of indulging in such acts, if you’d been told about bitcoin and said to invest in it, you wouldn’t have done that because you don’t trust it and no much people in your place most have heard of it or really made a fortune from it. If you’re guided from onset, you won’t fall victims of such circumstances and gradually killing your health by yourself. Those that are still indulging in it just needs proper orientation, although it’s very hard once you’re an addict to anything for you to leave it forever. Bitcoin is another good investment and path to a bigger success in life but not so many people will agree or be on that train.

As students, they don't have to focus on investment because there are more important things for them to do. Learning, finishing their education course and getting a degree which are all more important for them at this period in their lives.

Lives are so long for them to start investment anytime and opportunities are always there in the market. When they get a degree, find a job, get salary, they can have savings for investment, it is never too late.

Education is important to them and they should focus more on it and not waste their life by themselves when they’re still young and needs that brain to learn and assimilate things into them. Without proper education, one cannot be able to understand the concept of bitcoin and can easily fall scam or lose their money in the process of being ignorant of what they’re trying to embrace to make a good return on investment. They should to school and shouldn’t spend waste fully in that course and better still get a course to learn about cryptocurrency during that period in order to become more acquainted to it after school.
legendary
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Real Talk, OP. This kids need have proper orientation and strong moral background because regret is bound when one realizes the lost years, and might be too late or become a struggle to start all over again, I do not understand the reason behind such attitudes were one waste money for something of no value and productivity. Instead of gearing up for the future goals.
There is a saying that goes; Make hay when the sun shines".

I'm also not sure that students who spend their money on cigarettes, as Op calculated, diverting it to save, can collect that much. especially for Bitcoin investment purposes.
from a non-smoker's perspective, the money may just be a waste. but for smokers, to meet their needs. Know that each person has their own needs from their body.
Anyone who succeeds in quitting smoking is a good thing and it may be a difficult phase for all smokers.

I do not condone smoking among students. but we cannot direct this fact to Bitcoin investment goals. If you do the math, this money does have a pretty good nominal value. but I doubt it can be done.
In all aspects, smoking is a bad habit. If we can encourage the students not to enter smoking or stop smoking for good, definitely that would bring a relief. With that, they can start saving their spare money from their allowance that could be of benefit in the future.

Well investing into bitcoin does not need actually a huge amount. You can start investing even at a small amount of funds and just do DCA at a consistent basis until you come to grow your investment after years of hodling. So I have seen no reason why these students are not even capable of investing into bitcoin, as long as they have basic knowledge on bitcoin, I still think that could be fine.
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Indeed, it would be great if you can do it but for those who are smokers I think it will not work because after all, sometimes smoking is a situation where we cannot get rid of this habit especially if we already feel addicted.
This happened and indeed felt for myself, not that I don't think that the proposal you are doing is good, it's just that in this case I still can't leave cigarettes so I still continue to do it and still continue to be in bitcoin too in the end.

Even though in the end smoking is also not very good for health and I am well aware of that but it is difficult to stop this when addicted so the choice not to smoke and buy bitcoin even though I think it will be a little difficult to follow so my choice now is that I still smoke but on the other hand I am also in bitcoin. As long as I can do that then I will Cheesy
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Invest your money instead of spending it on cigarette is kind of cliche.

I get it smoking is bad for your health but you can't compare every spending of yours with ifs and buts because there are still a lot people who don't smoke but still poor and there are people who smoke 24/7 and stashed with cash pretty much for their 10x of their entire life time. So savings is just the first step but you need to think bigger if you really want to achieve better.
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Real Talk, OP. This kids need have proper orientation and strong moral background because regret is bound when one realizes the lost years, and might be too late or become a struggle to start all over again, I do not understand the reason behind such attitudes were one waste money for something of no value and productivity. Instead of gearing up for the future goals.
There is a saying that goes; Make hay when the sun shines".
Exactly. Even if these kids have no means to invest at a young age, but they should be more responsible on where to put their money and smoking is certainly the worst option for that. Smoking will only put one’s health at a high risk of damaging it, instead of taking care of it in preparation for their future goals and activities. No regrets are coming at the start, it’s always in the end, so if these kids will be enlightened from their bad habits, they won’t be regretting a lot at the end of the day.
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If we continue to recount all the things we spend money on instead of investing, we will continue to live in regrets. First of all, for students in high schools and colleges, the main focus is to acquire basic education relevant to their field and at that level it is best they concentrate more on learning and saving. Introducing bitcoin investment and any other forms of investment will be a kind of distraction to them.  Once a child begins to make millions from his investments in bitcoin, formal education will make little or no sense to him and remember, no education is a waste. Bitcoin investment isn't fading away anytime soon, they still have a long way to go. Money spent on smoking and other things not relevant can be saved while still sorting out their academic works.
I got your point. Students should focus more on their studies and not the other way around, but at least they should learn to be frugal so they can save a little out from their spare money from their allowance, and not to tolerate their vice as they will be only the one who’ll suffer in the end.

Investing is still impossible for students, but if there are opportunities to make them exposed to bitcoin investment so they can set their own target investing in bitcoin in the future, that would be great. There’s no wrong with early planning and preparation, but it should also paired even with little action.
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The world is changing really fast. Nowadays school students starting from 9th-10th students to college level students are indulging in smoking to show themselves smart, nowadays it has increased a lot. When a student is addicted to smoking, he spends about one to one and a half dollars a day on buying cigarettes. A cost per month is $30 to $45, which if converted annually is $360 to $540.
The message you just passed on is encouraging. I guess I don't really have much of a problem with it aside the fact that doing something else shouldn't cause them to stop whatever makes them Happy. Smoking doesn't take a one-time decision to quit; most of them would love to HODL even more than 500 bucks in a year but, it somewhat becomes a life threatening process - especially if they have to quit smoking.

Mind you, I'm not supportive of the fact that they're smokers - I don't even give a heck! I'm just tryna "put myself in their shoes "
On the other hand, it's slowly becoming a trend that kids kinda find it hard to get pass..
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I think only few students who value their future will have the guts to save but they commonly save fiat not crypto. I haven't heard any highschool students who holds crypto but in college I read comments from our local board that some of them do and I think it also help their tuition fees and school allowances.
Family background and exposure play an important role in shaping one's knowledge and interests. If a family is engaged in online activities and has a good understanding of crypto, their children will likely also be aware of it and show interest in the field, and if that isn't the case, you will see the opposite.

Children often learn by observing and imitating the behaviours and interests of their family members, so if a student comes from a family with a business background, they may be more likely to develop entrepreneurial skills and interests. Family support and exposure can provide a strong foundation for learning and exploration and may influence one's career choices and interests in the long run.
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If we continue to recount all the things we spend money on instead of investing, we will continue to live in regrets. First of all, for students in high schools and colleges, the main focus is to acquire basic education relevant to their field and at that level it is best they concentrate more on learning and saving. Introducing bitcoin investment and any other forms of investment will be a kind of distraction to them.  Once a child begins to make millions from his investments in bitcoin, formal education will make little or no sense to him and remember, no education is a waste. Bitcoin investment isn't fading away anytime soon, they still have a long way to go. Money spent on smoking and other things not relevant can be saved while still sorting out their academic works.
You are right here. These students will only live in regrets if they will keep on thinking how stupid they are wasting their money on a vice when they can save it and invest in bitcoin. But hopefully they will take it as a lesson not to prolong their vice anymore, otherwise their finances will only suffer as their health in the future. Although bitcoin can wait, but I don’t think the same opportunities will still be available in the future.
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It's just because they don't know, they don't have the knowledge of it so it takes someone to tell them about it so they can have that knowledge, but to most of them they are addicted to it and it can only take the grace of God for them to change automatically.
you're right on this, you know as a student savings won't come across your mind if only someone talks to you about investing. And even if someone or a friend introduce with anything concerning investment you feel like he doesn't want you to enjoy yourself, and when it comes to addicted most of the students started that lifestyle of burning smoke while they're still at home, and with that freedom of no one is here to control me any longer so they can smoke more then 5 pack cigarettes in one day. And a pack cigarettes is $30 for a pack but if they really had the knowledge of investing the money, I think before their graduation they might have gotten up to $25,000 or more than this before they're out from school. So what's killing the youth's nowadays it's lack of knowledge and not ready to learn about anything.
You may not think of it before but you will now, once someone talks about it to you. We still can enjoy life even if we are investing because no one is forced to invest all what they have. Even if we say one will do, there is a chance that they will earn a huge profit in the future and they can enjoy their life much better. We must be glad when someone approaches us for this. It only means that those people are concerned with us.

The addiction example you shared there is scary. If we prioritize our enjoyment over more important things, then there is a high chance that we will end up like that. They won't become an addict if they are not ready or willing to learn anything. It also means that they did not lack in knowledge but they think other things are boring and takes time to achieve.
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