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Topic: Why must you used such money to purchased a car? (Read 614 times)

hero member
Activity: 1484
Merit: 928
You cannot blame some people because not everybody knows how to make use of money wisely,
It's not about some people doesn't know how to make use of money wisely, everyone knows what they want, and if they have the financial capacity, they will want to get it, so we all have choice, you might be thinking is a big amount of money, but to the person buying it, it might just be a normal amount of money, you don't know the amount of money the person is having in account, you have to know that someone that can acquire a car worth that amount of money, then the person will be having more than that in account, and some people don't care spending everything they have in what they want, they have the confidence that they will be able to get another money. so we all have choice and we all know what we want.
hero member
Activity: 2156
Merit: 685
I'm talking about this friend's exemplary friend because there is nothing believable about this story. If you have enough money to buy a $28 million Rolly Roce special series, they know how to make money for you or your family, and they will get advice from more expert people. Or they know what's going on in the market. So don't worry too much about what he does or doesn't do.
legendary
Activity: 2772
Merit: 1127
If your friend can afford to buy a Rolls Royce car for $28 million dollars then he is definitely a rich person.  Of course he has money to invest.  So he didn't listen to your advice.  And what is there to end the friendship?  If he can buy a Rolls Royce with his own money then it's a matter of pride. If all the money is only invested then what will satisfy the hobby or need lol.
I think ultra-rich people are also intelligent enough to achieve that kind of status. No offense but maybe the OP is not yet on that level, so his friend thinks that he may not be trusted yet when it comes to invest-things. The response the OP received to his friend may also offend him but it's up to him now if he will continue to be friends with that person. To have a rich friend can be cool but it's not only about the money that should matter. We often told that we should only invest what we can afford to lose, so investing all of our money is obviously a ridiculous idea. And like you said, how can we now buy our needs/necessities in life if nothing is left? Right?
EFS
staff
Activity: 3934
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This thread looks fishy, so you have a rich friend that can buy a Rolls Royce and it's a 28 million dollar one. And you give investment advice to that rich friend and he didn't listen to you? Roll Eyes
I don't believe this story, but in reality if such a thing had happened, I would've enjoyed life with that rich friend instead of giving him investment advice. I'm sure he and his parents don't need my advice.
full member
Activity: 1442
Merit: 153
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He chose to buy such an expensive car because it is surely his dream car, only rich people can buy such a car and for sure they have businesses, that's why they can buy such an expensive car. They are a rich family. Even if I were in your friend's situation, I would also buy a luxury car. Well I get your point but it's your friend's money, let him spend his money on what he wants. But if he spends in the wrong way like gambling or anything, that's where you come in as a friend. But if he uses his money to buy the dream car he wants, just support him.
I quite agree with what you say because I will also be quite supportive of someone if he buys a luxury car with his own money and he is in a rich family position. I don't think there's anything wrong with that, even though everyone has to separate desires from needs which are more important than just desires, because it's not certain that what we want can become the needs we really want. But when it comes to buying a luxury car with our position of having a lot of money, it's certainly not wrong to do so, especially if it's only bought once in your life.

That's right, those who can afford this kind of car are rich people, which means they have a lot of business and investments. It's not bad to give an opinion, but you should also think about whether the opinion you give is what that person needs. So for me, you are the one who overreacted to what your friend did, the person is your friend but it's like you don't know him lol.
hero member
Activity: 2786
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.
The only reason is naive mate. The car purchased is never an investment and it's something the person will still spend money on for maintenance and gas.
Is the person into cryptocurrency? If yes, he/she doesn't know what he/she is doing.
Most of the crypto investors I know invest in BTC in bear and use the profit to buy something when it's ATH market which is literally like buying expensive things from the funds the market generates for you.
I'm sure if the person buy SOL when it's was $50 the person have already made $28 million more.

This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people.
We can only advise people but the decision is up to them and it's good to let them make mistakes so they can learn from it.

If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend?
Yes, I will still be friends with such a person because I will never understand her vision and purpose of deciding to get the car like she does.

I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
What you did is not good even if she made a mistake in spending the fund she's the owner of the fund you don't need to disassociate yourself from her.
In the future when she realizes her mistake you can then talk sense to her and advise her about investment.
full member
Activity: 1366
Merit: 107
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
You're so lucky to have a friend who can buy a car worth 28 million dollars. It means he's very wealthy. But based on your story, it seems like you're also well-off because you ended your friendship with him when he didn't follow your financial advice. You probably wouldn't get upset with a friend who has a 28-million-dollar car if you weren't well-off yourself, right? In my opinion, if your story is true, it's not your place to be upset with him just because he didn't follow your advice. It's his right because it's his money, not yours.
hero member
Activity: 1316
Merit: 379
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People is ranked according to their incomes and if your friend uses such huge amount of money to purchase a car please I will advise you to check his income rate and level because, no one will use such huge amount of money to purchase a car without having something doing or even have a good investment. $28m is not a joking amount for someone to raise it to buy a car and you have a friend like that, then why can't you go close to him or her to learn his kinds of business go help your life instead of keeping him away from you.

Secondly you must not force someone to do what you want with his money because you don't know how he manages to raise those money or the kind of business he is into, like I said it's good to always stick close to them learn from them. Anyone who uses $28m to buy a car is massively wealthy so why would you go talking to him about what to use his money to do.
hero member
Activity: 1190
Merit: 901
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When you are the fifth person among four rich people, you would definitely become the fifth rich person and vice versa relating to being poor. Everyone has his or her own opinion on how they spend their money, either on cars, clothing, or  any other luxury thing and lifestyle you can think so but all lands on how far you can maintain. Friendship is by choice and not by force, if I should advice a long time on not buying a car but making investments either on crypto or companies but he refused, that's his lifestyle.
sr. member
Activity: 1008
Merit: 366
If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
Wait what? You broke the friendship with him because he owns a Rolls-Royce now and not an investment? What does that have to do anything with you being friend with him? Also, if he is able to buy a car worth of $28 million, why does he need your advice in order to grow financially? He is already doing great and that's why he owns a Rolls-Royce and you don't.

It's quite dumb to break a friendship over such thing. Instead of breaking up the friendship, you should have asked for financial advice from him. To me, he seems like a successful guy. And what kind of logic is this? Bitcoin investment is not a bad idea but I don't think he needs it right now.
full member
Activity: 1414
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You cannot blame some people because not everybody knows how to make use of money wisely, just as some don't understand the difference between assets and liability, they cannot manage business well as to be running without things going wrong, we also have to take this up as a challenge because not everyone will be able to make effective use of them as expected when they are having the money and on things they are to use the money for.
You're right because, if my parents want to buy me such car that worth millions of dollars, I will please them to give me the money and invest it in BTC since I have the knowledge of how to use the money to make more money that will make my parents to hail me. When you invest in some potential assets you know that it will bring profits that will add value to your investment, you will not use such money to buy what you will be spending money weekly or monthly because, there is no way you will not be using fuel to drive the car from one place to another.

If I have such amount of money, I will not invest all in BTC but I will look for good assets to invest half of the money in case the price of BTC is not pumping the way I want,I can use other assets profits to solve whatever may come my way.
full member
Activity: 1190
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He chose to buy such an expensive car because it is surely his dream car, only rich people can buy such a car and for sure they have businesses, that's why they can buy such an expensive car. They are a rich family. Even if I were in your friend's situation, I would also buy a luxury car. Well I get your point but it's your friend's money, let him spend his money on what he wants. But if he spends in the wrong way like gambling or anything, that's where you come in as a friend. But if he uses his money to buy the dream car he wants, just support him.
I quite agree with what you say because I will also be quite supportive of someone if he buys a luxury car with his own money and he is in a rich family position. I don't think there's anything wrong with that, even though everyone has to separate desires from needs which are more important than just desires, because it's not certain that what we want can become the needs we really want. But when it comes to buying a luxury car with our position of having a lot of money, it's certainly not wrong to do so, especially if it's only bought once in your life.
Those who have sufficient wealth certainly have no harm in buying a luxury car with the money they have and they will be able to afford the maintenance they have to pay for their car. Everyone must of course be able to differentiate between what they really need and what they want, because if someone if they follow their desires too much then the income they have will be used for things they don't really need, of course this is very detrimental to them so they can't save part of the income they have. For those who have a lot of money, of course they will be able to buy a luxury car according to their wishes and if they buy it once in a lifetime this would certainly be very good.
hero member
Activity: 2338
Merit: 737
He chose to buy such an expensive car because it is surely his dream car, only rich people can buy such a car and for sure they have businesses, that's why they can buy such an expensive car. They are a rich family. Even if I were in your friend's situation, I would also buy a luxury car. Well I get your point but it's your friend's money, let him spend his money on what he wants. But if he spends in the wrong way like gambling or anything, that's where you come in as a friend. But if he uses his money to buy the dream car he wants, just support him.
I quite agree with what you say because I will also be quite supportive of someone if he buys a luxury car with his own money and he is in a rich family position. I don't think there's anything wrong with that, even though everyone has to separate desires from needs which are more important than just desires, because it's not certain that what we want can become the needs we really want. But when it comes to buying a luxury car with our position of having a lot of money, it's certainly not wrong to do so, especially if it's only bought once in your life.
full member
Activity: 1442
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

He chose to buy such an expensive car because it is surely his dream car, only rich people can buy such a car and for sure they have businesses, that's why they can buy such an expensive car. They are a rich family. Even if I were in your friend's situation, I would also buy a luxury car. Well I get your point but it's your friend's money, let him spend his money on what he wants. But if he spends in the wrong way like gambling or anything, that's where you come in as a friend. But if he uses his money to buy the dream car he wants, just support him.
sr. member
Activity: 1988
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Instead of judging, let's appreciate the multifaceted nature of wealth and how it translates into diverse spending habits. The OP's story, in my opinion, is a fabrication, but let's try to think based on this story. The $28 million car might seem absurd to us, but for them, it could be a calculated investment, a social currency booster, or simply a well-earned reward for a life of relentless pursuit.

The key takeaway? Different strokes for different folks, both literally and financially. Our judgments come from our own realities, and understanding diverse perspectives enriches our own views of the world. So, let's keep an open mind, appreciate the complexities of choices, and remember, there's often more to a shiny car than meets the eye.
sr. member
Activity: 526
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Damn
If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
That's a mistake and puts too much importance on the lives of your friends who are much more financially stable. Besides, it's strange to make friends based only on money, so here you have taken the right decision not to be friends with him because he has been distanced from people like you who only see friendship ties based on how much money they have. Remember, not everything always involves investing in Bitcoin, you can't dictate to other people, if he doesn't want to invest just let him, your job is only to give advice, not force which ultimately sacrifices friendship. He is worth $28 million and I think he is considered a rich man. Buying a car may have been his dream since childhood so it cannot be prevented in any way.
To clarify, money isn't everything, but it's not nothing either. Financial stability, not bill stacking, is the goal. Smart decisions like Bitcoin investing are key. Your friend may have $28 million, but wealth is about growth. Instead of forcing your beliefs on others, Bitcoin investing is about sharing opportunity. Don't confuse advise with coercion. Friendship and money. It's about respect and understanding, not money. If you disagree financially, that's fine. Every path is unique. However, ignoring Bitcoin is like ignoring a treasure map because you prefer the picturesque way. Bitcoin is a revolution in money and money management. Financial empowerment, not friendship, is its purpose.

Final thoughts on dreams and finances. Fulfilling a childhood desire by buying an automobile is amazing. Remember the power of savvy investing. As dreams change, so should financial strategies. Bitcoin offers a chance to rethink wealth. Not forcing options, but offering doors. In Bitcoin, your friend may be rich and a visionary.
hero member
Activity: 1974
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If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
That's a mistake and puts too much importance on the lives of your friends who are much more financially stable. Besides, it's strange to make friends based only on money, so here you have taken the right decision not to be friends with him because he has been distanced from people like you who only see friendship ties based on how much money they have. Remember, not everything always involves investing in Bitcoin, you can't dictate to other people, if he doesn't want to invest just let him, your job is only to give advice, not force which ultimately sacrifices friendship. He is worth $28 million and I think he is considered a rich man. Buying a car may have been his dream since childhood so it cannot be prevented in any way.
hero member
Activity: 952
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You cannot blame some people because not everybody knows how to make use of money wisely, just as some don't understand the difference between assets and liability, they cannot manage business well as to be running without things going wrong, we also have to take this up as a challenge because not everyone will be able to make effective use of them as expected when they are having the money and on things they are to use the money for.
sr. member
Activity: 728
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Unbelievable, this is very hard to believe, because where is he going to park this car? Can he even secure a safe haven to keep this car from getting stolen? Or maybe there is a lot you don't know about this person, maybe they don't want you to know how much they worth.

Even if they are your friend it doesn't matter, because most times, people will judge you like you don't know what you are doing, don't mind OP, he could know what he is doing, I am certain you don't see all the pictures.

He might regret buying the car later but it shouldn't be your business or you will get replaced if he noticed that you are taking this seriously, if truly he is worth that much I am sure that he choose not to reveal a lot to you.
legendary
Activity: 3542
Merit: 1352
That Rolls-Royce car can be an investment in itself. Those cars can fetch to millions of dollars more than their original value if kept properly for a long time. I'm sure your friend (if he really exists) is well-off, enough to purchase that car without regard with his future. Also, most of the younger generations right now are impulsive and based their purchase decisions with their emotions. If you made your move in giving him some advice, I think that's enough already. If he moves forward with these decisions, you have no liability with the consequences at all.
sr. member
Activity: 1680
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Wait, you’re saying you have a “friend” who has $28 Million? Shoot! Grin. First thing you need to understand is that we all have preferences. I don’t know how much your friend is worth but his net-worth is what will determine if it was okay to purchase that. Nonetheless, your friend is conscious and it’s his money, so he knows exactly what he did/doing. I don’t think such thing is worth cutting ties with him because even if it’s his money, you are his friend and you’re meant to be there for him to correct him when he makes the wrong move. Also, remember that giving someone a good opinion doesn’t mean they will take it, but at least you tried as their friend… that’s what matters.
hero member
Activity: 2744
Merit: 588
...
What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

Things like this are actually personal, a person who has extra money will definitely have no problem buying a car at a fantastic price (it's impossible for him to buy a car with money he doesn't have extra)
You also don't need to be too selfish to hope that your words or suggestions will be heard by your friends, don't end your friendship just because of this trivial matter, one day you will need each other.
all you need is time, look he will definitely regret buying that car.

Friendship will always be there if he is indeed your friend, even with some exchanged words that are not too good to hear.
It will pass and time will tell if you will regain your relationship with him. There's no need to force yourself if somehow he is avoiding you for some reason.
Or there's no need for you to avoid him. That's his money in the first place, and he has all the freedom to spend it on his own accord.
In time, he will realize what he had done. Let him realize it on his own time. As a friend, you are just there to advise him but not force him for you wanted to do.
legendary
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.

This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
As i looked your post history, i am thinking instead of dollars you are talking about Nigerian Nairas. Making that 25 million NGN worth closer to $27k usd. You can't just use $ sign on the front of the number if amount you are talking about is not in dollars.

And we don't know anything about the person you are talking about. Maybe that rolls royce is an investment he/she needs. Not everyone is in the similar life situation as you that they would happily risk that much of money. And it could be the reason he has the money in the first place.

I wouldn't end or keep relationships based on investments. I think that's silly. Everyone is free to use their money as they please. If someone cut their ties with me because i bought, whether that's a rolls royce or eth, i would think that wasn't my friend in the first place.
sr. member
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...
What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

Things like this are actually personal, a person who has extra money will definitely have no problem buying a car at a fantastic price (it's impossible for him to buy a car with money he doesn't have extra)
You also don't need to be too selfish to hope that your words or suggestions will be heard by your friends, don't end your friendship just because of this trivial matter, one day you will need each other.
a car is an asset whose value will decrease drastically every year, even in 5 years its value will decrease by 50%. all you need is time, look he will definitely regret buying that car.
hero member
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Their is nothing bad buying luxuries if you can afford it without any struggle and their are more money to spend in businesses and other investments. So if the person has the money to get best car for himself don't think he is wasting it because the money is available and getting all the luxuries is to make one to feel happy, but in a case where one have not set up any investment and not buoyant enough it is big financial mistakes to spend money on expensive cars that can  not add more value financially to one self.
hero member
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Are you sure with the amounts that you are telling us? If I have a friend that has $28M, I'd definitely tell him to invest and manage that wisely. I'd say to buy any car that he prefer but don't forget that he's not just going to live for this day and there's for him tomorrow and in the future. You cannot stop people fulfilling their dreams but giving them a reminder will give them some knocking about the reality. I like friends like this even I will have no benefits from them because seeing someone who's fortunate in life and they're still able to talk to you, that's something else IMO.
hero member
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
I do not see how that is any of your business, as a friend you can give advice to other people and do so with the sincerity and candor other people cannot afford as they could risk offending your friend, but that is pretty much it, your friend should be free to spend their money in whatever they want, and if the emotional satisfaction they get from that purchase is bigger than the eventual profits they could receive out of this market then that is their decision and you must respect it, so I think it is silly to end a friendship over something like this.
sr. member
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I don't think it's a good idea to break up with your friend just because he was able to purchase an expensive car that you wouldn't have thought a young guy like him could afford.

I expect you want to know what kind of business he is in and how he raised so much money just by buying a costly car(disregarding your advice to buy Bitcoin or Ethereum)

It would be wise for you to maintain your friendship with him and make every effort to learn more about the type of business that brings him great wealth at such a young age.
hero member
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Merit: 581
I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

Sure thing! Imagine there are folks who spend lots of money on fancy cars, but forget about saving or investing. Now, let's talk about your friend who apparently used a whopping $28 million to buy a Rolls Royce without any smart investments. It sounds a bit like a made-up story because, think about it, how can someone just have all that cash for a car without a solid way of making money? I mean, where did your friend get such a massive amount of money in the first place?It's kind of puzzling because without a good business or investment, it's like a mystery, right? Unless your friend's family is super wealthy, it's hard to figure out how this huge amount of money magically appeared.
legendary
Activity: 2492
Merit: 1145
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
Your friend is basically rich, no need for you to give him any advice about bitcoin or ethereum since your friend just want to spend his or his family money on luxury. With the amount of money he spent on buying the rolls royce, I doubt that your friend will be in a state that he will invest to make profit to sustain his living. I also think that your friend is not interested about investing since he didn't even budge about the advices you gave him, just give up, rich kids life are very far from other normal person.

I think a Rolls Royse will still look cool even after it age for many years.
legendary
Activity: 1526
Merit: 1359
The boy parents are very rich and the boy parents want the boy to become a good person in the future that made them to asked the  boy what did him want for them to buy as a gift, but the boy mentioned Rolls Royce that worth $28 millions despite the advice I gave to him to collect the money and use it to establish a business but he ignore my advice.

Now you're just bullshitting. Seconds ago you said that you don't know if your friend's parents or older brothers bought the car, and now you claim that his father asked him what he wanted to buy him because they wanted him to be a good person. None of what you say makes any sense and you just want to increase your post count. You need to stop doing that...

If you have such mind to your friend show that you are a bad friend because, a time will come when that your wealthy friend will know that you are after his money not a genuine friendship with him or her.

Apparently you're not such a good friend either. You ended your friendship because you didn't accept his decisions, and because he acted against your suggestions. Those are not the characteristics of a good friend.
sr. member
Activity: 2086
Merit: 283
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Personally when some one have a luxury car they have large amount of investment fund and few percent of their profitable use for buying an expensive car, not all money have use for investing and some one enjoying their investment profitable buying car and some of them purchase another needed.
I agree with OP when use money for purchasing expensive car to buy or invest in bitcoin but many of them have did early before buying a car, some one need to enjoy with their profitable and buying what needed or their hobbies. Not all money must put in investment assets without use it for our daily needed and enjoy what our achievement, I think if OP have earn much money and put in several investment kinds will buy car or expensive motor cycle although it most expensive values.
hero member
Activity: 1008
Merit: 724
Everyone has their own perspective on this, when your very rich friend buys a very expensive car they know what they are doing and I guess their view on the rich will be different from ours.
Regardless of the story you say is true or not if in the end they can afford such an expensive car then it is their right because surely by buying such an expensive car without thinking further then at least we know the wealth he has is much greater and indeed it is a certainty.
We as ordinary people will not be able to understand those who are indeed in the highest caste in the economy because their thoughts will not be guessed by those of us who have never felt the money that is not counted in the assets they have in their wealth.
Investing is very good but in the end those who have a high economic level must also be smarter because the wealth they get is not the result of sitting and sleeping but their planning must be more mature so that they can buy an expensive item even without blinking and thinking.
legendary
Activity: 3346
Merit: 1191

I guess this is the most important question, millions of what currency? And I doubt that OP talks about dollars or euros...
He used the dollar sign multiple times so I’m guessing he really meant USD. The amount and the age of his friend is very puzzling. The only explanation to that kind of wealth is old money. I don’t think it is anyone’s business how another choose to spend their money. Even though OP means well for his friend, it may come off as jealousy. ...

Man, he can use any sign he wants, but it's probably some mistake... I checked the entire thread page by page, and someone already shared it but I can do it again:



There are no such expensive cars... and if there were, do you think that someone who hangs out with so rich people would be here? And if there is a model that costs this much, it is probably a collector's car, in itself that car is an investment and will cost even more in the future.

hero member
Activity: 1484
Merit: 928
But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he,
That's massive. For your friend to be able to buy that amount of car, I am sure your friend will have millions of dollars sleeping in his account. You don't expect him to use everything he has to buy a car. When your friend know that the cost of maintenance for a Rolls Royce is very high. You should have said more about your friend and where he got that amount of money that he used to buy a car. Definitely,  your friend will have something doing. A lot of people have claimed not to believe your story, seriously, I am also one of them. Your story looks fake, maybe next time you will come up with something better. Making posts like this won't earn you any merit, it's even spoiling your reputation on the forum because once people see your post, they won't want to believe you, even when you are telling the truth. Some people might end up adding you to their ignore list.

when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.
And do you think your friend is not having a business fetching him cool money? Then, how did your friend make this huge amount of money to buy a single car? Do you think $28 million is a small amount of money that can be easily gotten? If your story is true, then your friend is making cool money, maybe he might be hiding it from you. All you will do is go closer to him and maybe beg him to teach you what he is into. Your friend is definitely hiding something from you.

This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people.
Fine, you are a good friend for advising him to invest in bitcoin or Ethereum, but since your friend decided not to listen to you, then it's better you leave him. He has a reason for spending that amount of money on a car, and you can't force anyone to do what they don't really want to do. It's a free world, and we can choose to do anything we like.

Rolls Royce is not a car that you will drive for 5 years and will start looking old. We might be seeing the latest model of the car, but that does not mean the one your friend bought will be looking old.


If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment.
Someone you are suppose to go close to so that he will show you how he is making money, you are separating from him, to be honest with you, separating from him is not going to affect your friend in any way, your friend will keep on making money and keep on buying new rides, just go close to him and apologize to him.
hero member
Activity: 1204
Merit: 802
Leading Crypto Sports Betting & Casino Platform

I guess this is the most important question, millions of what currency? And I doubt that OP talks about dollars or euros...
He used the dollar sign multiple times so I’m guessing he really meant USD. The amount and the age of his friend is very puzzling. The only explanation to that kind of wealth is old money. I don’t think it is anyone’s business how another choose to spend their money. Even though OP means well for his friend, it may come off as jealousy.

Bitcoin is not the only investment available, stop giving financial to people. If they lose their money to market crash, would you be able to bear the cost. My advice; stop poking your nose in other people’s business
full member
Activity: 868
Merit: 202
i know that this is a made-up story, but i will still respond to it but from a different perspective.

sometimes what you think is best is not necessarily good in the eyes of other people. if you think that it's pretty stupid when someone buys a car worth $28 million dollars because it doesn't give them any profit, and they should invest that money in bitcoin and make a profit from it, that's where you're wrong, rich people think differently. when they buy a car worth $28 million dollars it means they earn more than that, so they feel no need to invest in bitcoin anymore.

moreover, when they buy a car worth millions of dollars, they are making an investment and at the same time increasing their reputation among other rich people. with this, they will gain prestige and trust which can improve their name and the business they run.
legendary
Activity: 3346
Merit: 1191
But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.
28$ million of what currency? Dollar that it must not be...

I guess this is the most important question, millions of what currency? And I doubt that OP talks about dollars or euros...

We all have failed investments... for sure there are smarter things than buying a car, but in some way, a car can also serve to make some money. Some people buy a nice car and and then earn from transportation (taxi, uber, or whatever is available in some specific city, or region).
I also have friends who love cars more than anything, they spend their last money on a car and improvements, it's a passion for cars. I personally don't have it, but I understand people who do. In any case, I don't think it's a big loss... the car will certainly lose value over the years, but if it's well cared for and maintained, it won't be much. So it's not the end of the world, it's not worth it to lose a good friend because of this.
legendary
Activity: 3276
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honestly thats not your business just let the man use his hard earned money for his own happiness, nobody know whats gonna be happening in the future, i mean some people have a saying to live the current moment not just thinking all about the future.
if he don't want to invest thats fine, as long as they don't put their financial burden as a result of their bad decision making towards you i think that shouldn't bother you.
it only becomes problematic when that person tries to burden the outcome of their financial burden to you and it cause you to suffer economically then only then you will need to cut friendship.
but overall if he doesn't really bother you financially why even think about it.
I personally would just be okay if someone want to use their money for some luxury thing, they might find happiness from it and thats all that matters in my opinion.
full member
Activity: 784
Merit: 115
He decided to invest that much money in the car because he had the money and he had the right to buy what he wanted. We can only give him advice and then it's up to him. Moreover, we cannot interfere in his decisions because what is good for us may not be good for others. Maybe he is your friend who is so rich that he prefers to buy a car for prestige. If it is related to prestige, people will do anything to be considered more by others. So just let him buy the car and you can continue your bitcoin investment.
full member
Activity: 672
Merit: 201
I’m pretty sure that this is a made up story since that 28M car from rolls royce is the most expensive car which this car company ever made. If your “friend” really can buy this car then I’m pretty sure he came from rich family which doesn’t need an advice from you.

Also if I can buy that kind of car without any problem then I don’t need to invest on Bitcoin because the business/salary that gives me the money for purchasing that luxurious car is already enough for me to sustain my financial needs.

You are comparing buying a luxurious car to Bitcoin investment while it’s obvious that only people that is financially stable can do this kind of stuff. This story will be believable if you use cheap cars instead a luxurious car specifically the top of the line for this well known brand.

Exactly, his friend came to a very rich family, imagine at the age of 20, He already have a car worth 28M?? That means he has a lot of money, and when it comes to investment, I don't think he will stuck on that mindset of purchasing luxury car rather than putting his money in some investment, for sure there are businesses coming from his family, maybe because right now he is still enjoying the things he gets but for sure he has his own plan in his life.

I also believe that this story is not true, because how can your friend get that can of money and you are telling him to come and invest in bitcoin, you know he won't accept your opinion because he will see it is a waste of time he has this can of money and you are telling him should not buy expensive things, and I am very sure he has more than that 28M in spend to purchase a car, because someone can't just spend 28M to buy a car if he didn't have another way to generate income, and if this is a true story because you said you broke up with him because of the car he bought for himself and he didn't follow your advice to invest in bitcoin, you can go back to his side because he didn't say you should stop friendly him you can tell him you are just joking Cool because you can't stop someone with is on money to following your advice sometimes, i didn't see anything wrong with that will make you stop friendship with him, anyone as is on chose since is not your money him use to purchase the car is good.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
First things first; if it  is your money then you have the rights to do whatever you like on it. Spending $28million indeed is a huge money for a car however that's him. If it is our viewpoint of just investing that money to assets then that's for us to do and we cannot tell other people or dictate them on what to do. The car he bought would at least maintain half of its value for years and within that interval, he could change his mind and redirect to investments if ever he will have the initiative to do so; half of it is still a big amount and can still be put into assets and that nothing could change the fact that he experienced enjoying that amount even if it depreciates. Hard to really tell but maybe if we are in hid position then we might also do the same thing; it just happened that we are not on his shoes which is why we are comparing our 'what ifs' to him, despite of having or living on different situations.
I’m pretty sure that this is a made up story since that 28M car from rolls royce is the most expensive car which this car company ever made. If your “friend” really can buy this car then I’m pretty sure he came from rich family which doesn’t need an advice from you.

Also if I can buy that kind of car without any problem then I don’t need to invest on Bitcoin because the business/salary that gives me the money for purchasing that luxurious car is already enough for me to sustain my financial needs.

You are comparing buying a luxurious car to Bitcoin investment while it’s obvious that only people that is financially stable can do this kind of stuff. This story will be believable if you use cheap cars instead a luxurious car specifically the top of the line for this well known brand.

Exactly, his friend came to a very rich family, imagine at the age of 20, He already have a car worth 28M?? That means he has a lot of money, and when it comes to investment, I don't think he will stuck on that mindset of purchasing luxury car rather than putting his money in some investment, for sure there are businesses coming from his family, maybe because right now he is still enjoying the things he gets but for sure he has his own plan in his life.
Yes unless the boy has no money left on him and he still purchased that car, which is not practical, is the only instance wherein OP as a friend could give an advice or give another perspective about the boy's circumstances. But if it is not, then let's just allow the boy to enjoy things on his own and to let him learn the importance of money on his own way by not dictating him on what to do; that's how friendship works.
full member
Activity: 1414
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Quote from: Wapfika
If your “friend” really can buy this car then I’m pretty sure he came from rich family which doesn’t need an advice from you.
I stated it in the topic that the boy was 20 years old which I know that he is not working yet but he came from a wealthy family and his father is among the wealthy people in the environment which I believe either his father bought the car for him or his elder brothers because, I can still remember he told me that they asked him to make the car of his choice and  it will be deliver to him direct from the company that are into such product of car and he demanded for his car of his choice.
Quote from: gunhell16
The parents of the person you are referring to are rich. 28 million dollars for the car; we know that amount is not a joke. Here in our currency, that is worth billions, and I can no longer work and will only take care of business.
The boy parents are very rich and the boy parents want the boy to become a good person in the future that made them to asked the  boy what did him want for them to buy as a gift, but the boy mentioned Rolls Royce that worth $28 millions despite the advice I gave to him to collect the money and use it to establish a business but he ignore my advice.

Quote
If I were the one who had a friend like that and took me with him to buy a car, I would be speechless if he paid for it in cash. I would always be surprised, or really surprised. I can't do anything because it's his money, and it's up to him whether to squander the money or not.
If you have such mind to your friend show that you are a bad friend because, a time will come when that your wealthy friend will know that you are after his money not a genuine friendship with him or her.
legendary
Activity: 1862
Merit: 1209
So it's either OP has a billionaire former friend or OP is just creating fantasy stories. I doubt someone has a billionaire friend but is making an effort to apply to the merit sources in this forum to earn merits and join a campaign.
Yep, there's an idiom "Birds of the same feather flock together" even though it sounds like a discrimination, but that's the reality in this life.

When the rich talk about business and how to expand a business, the poor don't have ability to give a good answer because he think about how to get a better job.
When the poor inviting the rich to come into his house to eat together, the rich don't like the food because it's something that he feel the food isn't good for his health.

So many thing aren't equal, such relationship will be end very soon.
legendary
Activity: 3752
Merit: 1864
I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

His money - he has the right to use it as he sees fit, without asking for your opinion.
How do you know what he buys the car for? Maybe it's for a collection? Smiley And for him it may be an investment too - we don't know what is on the market of rare cars. And to lose a friend for such a reason is silly to me. He has the right to do any actions that do not harm others, and may not correspond to their/your worldview. That's normal ! We are all different, we have different views on life....

PS well and the main thing - if he has money to buy a car with such a price, I think he knows how to invest and earn Smiley
sr. member
Activity: 1022
Merit: 277
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I’m pretty sure that this is a made up story since that 28M car from rolls royce is the most expensive car which this car company ever made. If your “friend” really can buy this car then I’m pretty sure he came from rich family which doesn’t need an advice from you.

Also if I can buy that kind of car without any problem then I don’t need to invest on Bitcoin because the business/salary that gives me the money for purchasing that luxurious car is already enough for me to sustain my financial needs.

You are comparing buying a luxurious car to Bitcoin investment while it’s obvious that only people that is financially stable can do this kind of stuff. This story will be believable if you use cheap cars instead a luxurious car specifically the top of the line for this well known brand.

Exactly, his friend came to a very rich family, imagine at the age of 20, He already have a car worth 28M?? That means he has a lot of money, and when it comes to investment, I don't think he will stuck on that mindset of purchasing luxury car rather than putting his money in some investment, for sure there are businesses coming from his family, maybe because right now he is still enjoying the things he gets but for sure he has his own plan in his life.
full member
Activity: 1204
Merit: 105
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While your friend's wealth and business savvy are undeniably impressive, I can't help but feel a tinge of concern. $28 million is a hefty chunk of change, even for someone with Scrooge McDuck-sized pockets. While they might have other, invisible investments cushioning the blow, the sheer audacity of the purchase throws financial caution to the wind. It's a gamble, albeit a calculated one, and the potential for future repercussions shouldn't be ignored.

Ultimately, it's their life, their money, their dream. And who am I to judge? Maybe this is their "YOLO" moment, a once-in-a-lifetime splurge that fuels their future endeavors with newfound confidence. Maybe the joy of owning that car, the sheer audacity of it all, is its own reward, a priceless experience that transcends any financial logic.
hero member
Activity: 1904
Merit: 541
The parents of the person you are referring to are rich. 28 million dollars for the car; we know that amount is not a joke. Here in our currency, that is worth billions, and I can no longer work and will only take care of business.

If I were the one who had a friend like that and took me with him to buy a car, I would be speechless if he paid for it in cash. I would always be surprised, or really surprised. I can't do anything because it's his money, and it's up to him whether to squander the money or not.
sr. member
Activity: 2436
Merit: 455
Why bother to regret what your friend did if he has the money to buy whatever car he wanted.

If you're regretting the fact that if it was you who has $28M and you would've spent it on bitcoin and Ethereum, then start earning your own money so you can afford what your friend can afford. It looks like you're jealous about your friend's new car while you're in your room spouting words about him that he should've done better, like giving you that $28M and invested it in cryptocurrency.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
OP, stop judging people and sticking your nose into other people's wallets. Besides, you, the one who participates in a subscription company for a few dollars, refuse friends who can afford to buy a car for a huge amount. Are you serious? Or maybe (even if we consider that the post is real) this friend refused your presence in his life?
As a result, you shouldn’t count other people’s money; look only at your life and improve it; what others do is not your problem.
sr. member
Activity: 1624
Merit: 315
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If your friend afford to have a $28 million amount, for sure he could be rich enough to buy a luxury car. It is his own money to spend, he has the right what to do and to decide with his money in the first place, you can give advice but if he does not listen, that's totally fine, why cut off your relationship with your friend? If you think personally that is wrong then you can be focused on yourself, you have already given him a piece of advice which is already enough. He might have other investments as well cause there are a lot of options for your money in an investment, no need to be biased and always choose Bitcoin, he reached $28M so fur sure he has a lot of money sources.
hero member
Activity: 1862
Merit: 601
The Martian Child
@OP you forget if no one will tell someone a way to success or their' net worth, if he can able to buy a luxurious car, it means he's an old money or really successful. Since he can afford to buy such car, he don't need financial advice, he might be an OG who owns 1K BTC and you will never know it.

Moreover, not everyone want to invest in BTC or ETH, you shouldn't control someone else decision in their life.


Well said. It's funny when some people make threads in this forum after their so-called advice were not considered. This is my second time reading a thread where the OP got disappointed, got into an argument, or canceled their friendships. It's a shame, these people need to understand that they are not giving a piece of advice but rather an order for their friends to follow or they will get mad and cancel their friendly relationships.

But I guess this is a made-up story by OP. I made a quick search on the most expensive cars for the year 2023 and here are the results.

First result.



The second result is from motor1.com. This seems to be the latest since Boat Tail has increased to $28 million but is no longer the most expensive. So according to an article, the Boat Tail has been produced only 3 times and is reserved for billionaires. So it's either OP has a billionaire former friend or OP is just creating fantasy stories. I doubt someone has a billionaire friend but is making an effort to apply to the merit sources in this forum to earn merits and join a campaign. Otherwise, I'll just stay in this forum having fun and won't bother applying for merits, it'll come naturally anyway.
legendary
Activity: 3248
Merit: 1402
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Something is very off with the price, although the most expensive car in the world does cost a very similar amount of money, and with taxes in various countries, it could cost $28 million. To be honest, if someone has so much money, I don't think this person is buying a car to reduce transport cost. I also don't think this person needs to invest because that's well enough for one's whole life, and this money could be used to do something good for society. I agree with fellow forum members who suspect the story is made up.
As for purchasing a car in general, I think people should avoid doing that even when they can afford it because cars hurt the environment and take up too much space on the streets.
legendary
Activity: 1862
Merit: 1209
@OP you forget if no one will tell someone a way to success or their' net worth, if he can able to buy a luxurious car, it means he's an old money or really successful. Since he can afford to buy such car, he don't need financial advice, he might be an OG who owns 1K BTC and you will never know it.

Moreover, not everyone want to invest in BTC or ETH, you shouldn't control someone else decision in their life.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

Life doesn't revolve around crypto, it's not a must to invest in crypto as we have people that have done well in it and also do badly, they lost everything in crypto, you can dispute that. We have people that are not crypto freaks from day and today, they are bastardly rich from their business, so when you want to make reference to investment, do it on a wider scale and not limited to crypto only.

One of the mistakes many young lads make is because they want to be respected by the society, want to impress and feel among but do I really blame them? No. The society mentality has changed where hard work doesn't pay anymore, people want to see you with worthy things before they respect you, the girls want to see the boys in quality life before they hang out with them, the life has changed from trying to impress the families and make them proud to impressing and oppressing people of not achieving what they have and majorly this happen around teenage because they know no shit about life. Give that boy 10 years from now, he will regret the mistake he has made today.
hero member
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He is still my friend even though he doesn't invest his money in anything, including Bitcoin. It was his decision not to invest and we have to accept it. The important thing is that we have given him advice and it is up to him to accept or reject it.

We also can't force him to follow the advice we give. Investing or not is each person's choice and we must respect it. Maybe they think that they don't need any investment yet. And they still want to have fun with their money by buying many things they like.

You shouldn't have to separate from him just because you have different opinions. Having different opinions in friendships is normal and does not need to damage our friendships. It's better for you to immediately apologize to him and forget about your problems with him. Once again, the issue of investing is each person's choice. You can't force him to invest in Bitcoin.
sr. member
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Hey Op, have you ever heard about "richkid", everyone does not always have the same life. There are even newly born children who have received billions of dollars of inheritance, and the contrast including those who were born without a house or clothes to wear. Life inherently has countless different nuances. You may think it's good for your life, but it's not for others. Let people do what they want, investing or making money doesn't need to be too complicated. I can imagine dynamic young people having many dream jobs for the crowd such as becoming a star, becoming an owner,... any job where there is no age limit, because I myself know a lot of young people who are successful in life and actually they are not always interested in the cryptocurrency field. So be comfortable with your freedom, don't just want what others don't need, relax with life and don't create stress for yourself.
full member
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I think the way your friend spends his money based on his economic status is really none of your business unless he is struggling then you definitely have the right to interfere otherwise i just do not see why you would separate from him because of this

i have and am constantly surrounded by rich people whom i have became friends with and over time I notice how different our lifestyles and the way they view money there did come a time where i felt quite insecure to put it blatantly out there because of how easy it was for my friends to buy certain things meanwhile i am thinking that the amount they just spent on a cup of coffee is the same amount of money i have for a week

of course it bothered me but then again i just remind myself that despite our economical differences, we are friends and we deeply value each other the way they spend their own money is none of my business because it does not harm them anyway i know you think you know what is best for your friend but sometimes just giving your opinion is enough you do not have to force it on them and go as much as to cutting them off
sr. member
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Everyone dreams of owning a house and owning a personal car. If you have a normal car then you dream of buying a good quality luxury car. It's not just about having enough money to buy a luxury car, it depends on whether you can afford the car maintenance costs and all the expenses you decide to buy. A common car user dreams of owning a Rolls Royce or a Tesla. Buying these cars is much more expensive than buying a normal car and these cars cost a lot of money. You are earning money only to live a luxurious life and have a good position in the society but even after earning a lot of money if you don't do all these things you will never enjoy your life to the fullest.
hero member
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If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend?
Friendship has nothing to do with Bitcoin or differing opinions. We all have our own paths to choose the best and suitable investments for ourselves. If my friend invests in cars, watches, jewelry, or anything else, it's their choice, and they have the right to it. As long as they're responsible, there's nothing wrong with their choices. Money can come from anywhere, as long as the method of earning it is legal and doesn't harm others, it's not a problem for me.

Bitcoin can indeed be a mode of investment, but it's not right to force it on everyone. We should respect everyone's decision to choose their own path.
hero member
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

The first thing is that every person is the owner of his own will. You can give good advice to someone, but you cannot force your will on someone. Having your own ride is a great thing and those who have their own ride in life are lucky,but it is definitely not a good decision to use such a large amount of money for this, but with less money you can buy your car and with the remaining capital you can do a good business.

If your friend had followed your advice, he would have been in the best profit right now, because if he had bought Bitcoin and Ethereum six months ago, the price would have gone up a lot.You shouldn't have broken up with your friend, but you can still convince your friend to invest in Bitcoin instead of an expensive car. In friendship it is not seen how you have to apologize to him, he is your old friend. Admit your mistake, that you should not have been angry, and to discuss your advice with him again.
sr. member
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he

Waw, your friend bought a car worth $28 million, are you serious about this? You should know nobody will believe your story, as we all know it’s fake. Seriously, I will love to see the picture of the car that your friend bought for that price, and I will also like to know the country from which you are from, because that amount that you just mentioned is really a huge amount of money, and only the rich can have that amount of money in my country, so your friend spending that amount is just kind of surprising to me. I will like to know where your friend works, or maybe he runs a business, or maybe your friend is just enjoying his family wealth.

This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum,

I am making this post just on the assumption that your post is real, even though I know it’s fake. Not everyone will be interested in bitcoin, just because your friend is financially good doesn’t mean your friend will be interested in bitcoin. If you introduce someone to bitcoin and they don’t listen to you, then you have to leave them, you don’t have to feel bad, and you can’t force them to invest in bitcoin. Everyone has a choice, and we all can do anything we want with our money.

but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people.

Your story is just funny to me, If you have that amount of money to purchase a Rolls Royce, then I am expecting your friend to have multiple cars in his garage, and the Rolls Royce is what he will be driving occasionally and not often. You can’t tell me your friend has only a Rolls Royce. You should know that Rolls Royce is not a car that loses value easily, so even if your friend drives it for any year's, it’s still going to look new if there is adequate maintenance.

If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend?
Yes because we all have choice, and we can decide to do anything we like with our money, no one can force me to do what I don’t really want to do, and I can’t also force others to do what they don’t want to do.
legendary
Activity: 1596
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If a person had bought a car worth $28 million, we would have heard about it in the media. I would have thought that you wrote the amount in local currency, but of course in dollars, it is a very large amount.
Buying an expensive car is sometimes good because it gives an impression of confidence in you, which gives you access to relationships and individuals who can make your business grow quickly. If you are a trader or marketer, your general appearance, including the car, contributes to increasing your value. Imagine that your real estate advisor offers you to buy an apartment for 200k Dollar and he comes to you by train or he has a very old car.
sr. member
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If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life
Even if this topic looks pretty much like a cooked up story, I don't think staying clear from Him would be the best option. because inrespective of our differences, we have choices and right to what we desire. The primary motive of every investor is to make profit. Some people were pretty lucky to have a rich parents who might have kept bunch of wealth for their children and they are excessively rich, and no longer bother too much on investment because they have made enough money. The children of such people will literarily spend the money and do what pleases them. And any advice you give to them serves as threat to them. Because it will look like you are invading their privacy or stocking on them. So sometimess some things are left unsaid. because if you have the kind of money he has, who knows you might even want to buy more than that $28m car.

The value of money is spending especially when you have made a lot of it. One thing is investment another is enjoyment and we shouldn't forget the aspect of the enjoyment. Every investor need to reep the fruith if it's labour. Not labour! labour!! labour!!! Let also hear reap! Reap!! Reap!! The Fruit of your labour.
hero member
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But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.
28$ million of what currency? Dollar that it must not be... Anyway, someone who is focused in purchasing a fancy car at the age of 20, with enough money under their disposal to do that, without any other concerns in mind, must have another sources of income, so he doesn't see a reason to care about investing his money. It really seems money isn't a problem for you friend, so he can give himself the luxury of purchasing a 28$ million car.

If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
It doesn't make any sense to get away from your friend just because he took a personal financial decision you disagree. It's his life and his money, not yours. You can nothing about it, neither you should feel offended for him purchasing a Rolls Royce. Take care your own life and your own financial decisions, and forget about the rest. You can advise people, of course, but they don't have any obligation of following your advices. Also, you don't have any right of getting upset with them for this reason.
jr. member
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Buying a car worth $28 million does not stop our friendship. Opinion differs on issues like this. As they say one man's food is another man's poison. Your friend may not like to build wealth through investment but prefers living a flamboyant lifestyle
hero member
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20 years old is able to buy a car worth 28 million dollars, it is definitely 100 percent rich people's children. if from an ordinary family working where can earn 28 million dollars.
If for example you get a windfall, usually people who don't have it will think long about wasting money on things that are not important.
They will definitely think about investing, for example in crypto, stocks mutual funds deposits in banks and more.
so that it can be used for long-term living expenses.
legendary
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The car is essential depending on the country and your job, also if you are married, having a car each is the happiness of marriage, but that is another story.  Smiley

I think that as always everything is relative, in the same way other belongings could be added to the essence of sell and it to turn it into bitcoin.  In short, these types of decisions do not always result in being 100% reliable.

In case presented by OP, we known that a car depreciates in its initial value, but if he wrote his context well he mentions Roll Royce and millions, so surely that type of investment is not a problem, perhaps he is not even interested in bitcoin.
hero member
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
I don't understand why you would involve yourself so heavily in your friend's financial life, when your role should not go beyond advice and guidance without reaching the final break between you. If your friend is able to buy a car for that amount, I do not think that your estrangement from him would mean anything or that you would correct something wrong in this way.
It is clear that this situation has affected your relationship with your friend greatly. It's a good idea to show a willingness to reconcile and rebuild the friendship. When you talk to him, you can show your interest in getting back in touch and correcting understanding. You can express your concern about the decision he made and how it may affect his future. Once you are honest about your feelings and apologize if appropriate, you may find that he acknowledges his mistakes and appreciates the care you show him.
jr. member
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
Buying a car for 28 million dollars, perhaps if you look at it from the perspective of people with lower to middle financial conditions, most will think it's a waste of money. Because if that amount of money is invested in bitcoin or shares, the results can definitely be very promising.

But your friend doesn't seem to have that kind of view, so it can be concluded that your friend is a really rich person. Moreover, your friend is still young. But already have that much money. So most likely he got the money from his parents.

So having that much money, it would be a shame if you just squandered it. But for your friend, maybe that much money could only be a small part. So whether he invests or not, maybe he will still be rich.
sr. member
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Why does it bother you so much that your friend used his money to purchase what he wants? Why should he do what you want and with his money too? As you’ve quit the friendship over his choices of what to do with his money, how long can you hold out till you go back seeking his friendship and its benefits? Apparently, you’re already reconsidering as you’re seeking out opinions on reconciliation.

Even if there was a friend like this, A poor man's advise to a rich person will never be taken seriously. You are in no position to tell someone how to use their money or give financial advise to someone when they did not ask for you advise. You are no professional and should leave the duty of financial advise to the people who are paid for it.


I tend to agree with you on this. His friend in the story, if real, is likely not going to take any financial advise from him and it was proved when the friend ignored counsel to leave the purchase out the luxury car.
A wealthy person is very unlikely to listen to financial advice from someone who’s poor.

hero member
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This is a series of stories that seem made up. But even so, it doesn't matter, because if we understand enough from the series of stories, then we will always get the essence or lesson from whatever it is. A glance at this story taught me to be wiser in using money by not prioritizing lifestyle over other more important things, such as needs and saving and investing. And we need to do this, to anticipate if one day we encounter quite serious problems, which must be solved with money.

However, it would be a bad decision if you choose to avoid your friend, just because you object to him buying a luxury car and prioritizing his lifestyle.? Hmm... stupid
Even though what he did, it didn't harm you. He just wants satisfaction in his life, namely by buying a luxury car... As friends, we are obliged to just remind each other, there is no need to control other people's lives too much. Because everyone has their own beliefs and principles in life. -each. And maybe, what we think is good for him, but it doesn't necessarily mean that he thinks this is good, and vice versa.
hero member
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Supposing this your story is true, I don’t think you did right by ending a friendship just because they didn’t take your financial advice. It’s his money, I don’t suppose you would like someone else to tell you how to spend yours. $28million is not a small amount of money, I assume your 20year old friend is from a wealthy family or he won the lottery. The former is more plausible, if he’s heir to a fortune, don’t you think that’s a relationship you would want to preserve?
legendary
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~
What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

What you did is really stupid.  While trying to help your friend make a good financial decision, you went overboard by ending your friendship when he did not follow your suggestion.  He is an adult who can make his own choices, even if you disagree.  You should apologize for overreacting and  your friendship matters more than being right.  You should explain you were wrong to cut ties, say you cherish having him in your life and ask if he can put this behind you two. 

That would be my advice if this were a true story, but since this is a complete fabrication, it doesnt really matter what you do. Maybe try to cut back on the drugs you use or something.  Wink
sr. member
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But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.


I really doubt that average 20 years old youths are in possession of 28 millions to be spent on a car, most of them by used car that only cost about $25.000. The small portion of 20 years old who own $28 million must be having billions of dollars to be spent on an investment like bitcoin and other so, if $28 is only 1% of his wealth and he use it to buy car, I don't think that's problem either.
sr. member
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If this person is your close friend then you should know everything about him, his working life and investment plan, some people have other means of investing their money not just crypto investment, when you gave him the advice what was his first respond, when advising such a person you should consider some common factors like if he can recover the money he used in buying the car within a year then there's no need to caution him, although it's best to plan wisely when it comes to financial matters and also when it comes to financial matters no one is perfect, buying a Rolls Royce that cost $28million is not bad if only the person is wealthy and of course no poor man can buy a rolls Royce worth $28m so it's obvious your friend is super rich. Even if you decide to cut off the friendship is still your choice but you should learn to respect others decision.
sr. member
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If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment.
If you feel someone is not good to continue being friends with, you do not need any body's permission to cut away from them. If you have a friend who never considers investing but only spending and you've noticed that whenever you are around such a person you are always under the pressure to spend more than invest or plan different kinds of investments that will be to both your greater benefit, it is okay for you to let go of the person and cut off the relationship with them to save yourself from being influenced by these character of eating all and never investing that you do not like.
sr. member
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That's his right, maybe because your friend has big dreams that he wants to achieve that your friend has long dreamed of, and one of them is a special and very expensive private luxury car.
And believe me, because there are also people who have luxury and very expensive cars, people who claim not to admit it definitely don't want to appreciate it, and other people will also be reluctant towards that person. And all eyes will also be on that person, and by owning a luxurious and expensive car you can also build wider relationships with fellow luxury and expensive car lovers and allow you to do business that can be profitable and also strengthen your relationships.
And what is mentioned is real and basically they are very rich and also have the ability, and apart from that they also do business and also invest so they are capable.
legendary
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Apparently, it’s not obligatory that every advice must or should be adhered to. It’s just your honest opinion out of how you feel money should be spent or managed but, it’s obvious your friend has other plans. I can’t say he made the worst of decisions on how to enjoy his hard earned currency. There is always room for enjoyment of investment and I think that’s what your friend s about. If I can get you correctly, he has got some investments in his life and that could be some reason why he made his choice in a Ross Royce for a car. It’s definitely something that would have been on his mind for some time to have taken such huge step for a ride.
I would have loved him to own some Bitcoin of his own but who knows, he’s probably got a plan for that or not. So long as he invests as much as he spends, that’s okay.
legendary
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.

It's all about prestige, but would you believe they didn't have any investments and just spent $28 million on a car?
Someone who can afford such an expensive car must have wealth greater than the value of the car, or perhaps they have a large income that can cover their needs in the long term. Of course they can double their money by investing in bitcoin or anything that gives them a return, but they shouldn't feel forced to do it just because of your advice.

I am sure that not everyone will really care about big investments as long as they are able to enjoy their lives with enough. Having a big business is an investment too, so don't ruin your friendship just because your friend doesn't follow your desire to invest in Bitcoin or Ethereum.
legendary
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money.

I had to check the internet to see the car that cost $28milloin and I discovered that the Rolls-Royce Boat Tail cost the amount. I don't know what your friend does for a living, maybe he is a professional footballer or a celebrity?  I have read so much about some rich scammers or drug lords who could afford such luxury cars. I will assume that your twenty years old friend didn't work hard for this money that's why he could splash such an amount on a car.

Quote
What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

Investing in Bitcoin is not by force but by choice. Your friend has the freedom to buy whatever he wants because the money belongs to him and not you. You can only advise him but you cannot force him to buy or Invest in what he wants. Friendship is not also by force but by choice. You are an adult and should choose your friends. If you think that because of his extravagance, he shouldn't be your friend, it's your decision.
legendary
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I’m pretty sure that this is a made up story since that 28M car from rolls royce is the most expensive car which this car company ever made.

Yup, that's a made up story by OP. Rolls-Royce will usually drain your wallet, but they're not that expensive. Most start from $400k and the more expensive ones with custom options will cost you around $1m.
For 28m it would have to be gold-plated... or limited like that special La Rose Noire that they made only 4. I honestly doubt that his friend was able to get that unless he's royalty or something. These special editions were most likely reserved by Dubai Prince and similar people...


OP probably read an article about world's most expensive cars and decided to make up a story.
full member
Activity: 504
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
you want to advice someone that can spend $28 million dollars just to purchase a car? You are doing very well.

Anyone that can use that amount of money just to purchase a car should be a wealthy person that has dozens of $28 million dollars in his savings and you should definitely not bother advising him.

If I convert that amount you just wrote out their casually into my local currency, it's enough to feed a full community fr months and such a friend if such individual is damn privileged to have such person as a friend.

Truly, if this story is not fabricated, you are a big boss and should show us the way.
legendary
Activity: 3234
Merit: 1055
OP, I do not believe what you have just said. You did not mention $28,000 you said millions of dollars. Honestly, this is a made-up story even if it is a real story. Anyone who has such an amount to spend on a car is a millionaire in dollars so he has businesses, companies, or whatever that would give him such an amount to spend on something that won't bring returns.

The part where you said that you abstain from him because he spent such an amount. That should not be enough reason to distance yourself. If you have such a friend it is good to be more closer to him. Apart from teaching you or showing how he made such an amount to buy a car, if you are a true friend you can advice him to and teach him how to spend money wisely. You will stick with him till he changes and learns to invest and out money to good use.

or he could ask his friend to teach him how to earn that 28M. for 20-year-old kid to earn this much, i would certainly be interested to learn too and so the reason why the kid didn't listen is because the kid has some different ways to make money other than crypto.

people with money and who know how to use the money to make money will be a lot harder to convince to invest in something.  or they know more. the story may still be a made-up one. but it won't hurt if you assume its true.
sr. member
Activity: 1274
Merit: 457
If your friend can afford to buy a Rolls Royce car for $28 million dollars then he is definitely a rich person.  Of course he has money to invest.  So he didn't listen to your advice.  And what is there to end the friendship?  If he can buy a Rolls Royce with his own money then it's a matter of pride. If all the money is only invested then what will satisfy the hobby or need lol.
hero member
Activity: 3066
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It doesn't matter to me whether he'd listen to my advise or not. They will remain as my friend and I'd be happy to their purchase because it's rare to see someone you have a connection purchase that brand. Other than that, I wouldn't think of it as a personal matter that I should interact with their personal decisions especially if it's related to money. They are their own boss of their own money and I cannot question them whether they invest that big amount or purchase the dream cars of their lives. It's really no biggie when they decide to do that, every person deserves to satisfy themselves whether it is expensive or not.
full member
Activity: 727
Merit: 146
OP, I do not believe what you have just said. You did not mention $28,000 you said millions of dollars. Honestly, this is a made-up story even if it is a real story. Anyone who has such an amount to spend on a car is a millionaire in dollars so he has businesses, companies, or whatever that would give him such an amount to spend on something that won't bring returns.

The part where you said that you abstain from him because he spent such an amount. That should not be enough reason to distance yourself. If you have such a friend it is good to be more closer to him. Apart from teaching you or showing how he made such an amount to buy a car, if you are a true friend you can advice him to and teach him how to spend money wisely. You will stick with him till he changes and learns to invest and out money to good use.
sr. member
Activity: 336
Merit: 365
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Why would you unfriend him simply because he purchased an expensive car? There's nothing inherently wrong with him buying such a car if he has the financial means.it's his personal choice. On the other hand, you fulfilled your role as a friend by suggesting that he invest the money instead. However, since he may have chosen not to or perhaps has a more secure source of income, that shouldn't be a reason to end the friendship. It's essential to respect  other people's choices and understand that financial decisions can vary based on individual circumstances..just as you said, here
Quote
invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies
I do think he has enough money to purchase such an asset.
legendary
Activity: 1498
Merit: 1116
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How do you people cook up these stories? do you not for one second stop and think that the people in this forum are not all fools??

This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people.
There is no friend like this. STOP SPEWING LIES!!!

Even if there was a friend like this, A poor man's advise to a rich person will never be taken seriously. You are in no position to tell someone how to use their money or give financial advise to someone when they did not ask for you advise. You are no professional and should leave the duty of financial advise to the people who are paid for it.

sr. member
Activity: 1932
Merit: 370
If he bought that car from his $40 million, we can call him stupid if its from a $500 million money that he owns, I can say that he probably deserve to spend on that kind of luxury. We can call him out for buying such a fancy and luxurious car, it is pretty easy but the process he went through is not easy unless it is from the lottery. Personally, I would not buy such car that would cost me millions, prolly not even on 100 grand, I'd settle myself on a simple sports car or family car that could take me from point A to point B. If I were to spend luxury, I'd be spending it to my home so everyone on my family can enjoy every bits of it.
sr. member
Activity: 1400
Merit: 420
I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
Good to hear you have that wealthy friend mate because I have never experienced to get one but this sounds a made up story to me sorry for that. 😅 Well, for me people always have the right to choose whatever they want and if we find it bad it's none of our business anymore and we have to respect their decisions as long as it was legal and no one was aggrieved . Some wealthy people might get offended with our suggestions though he is your friend but still be careful with your words. Rich people don't usually listen to advices from people who they think belongs to the lower class as we all know they do have pride.
First of all I want to say that I don't own a car and I don't want to spend more money to buy a car. But I have a motorcycle which is sufficient for my commuting.  I am not that rich so I don't have enough money to buy a car but if I have enough money then instead of investing in cars I will invest it in strong assets like Bitcoin, Gold, Real Estate to get better returns. Cars are very necessary for living a luxury life but not for middle class family members like us. this is for righ man and rich kid
hero member
Activity: 770
Merit: 538
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If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.

I have no doubt that this kind of thing does happen, but before an individual has the mind to spend such an amount of money to purchase a car, they might have had some other investment, saved up a huge amount of money, or are probably working for a company where their salary is very high. Sometimes, your friend may not tell you about the amount of money they have in their safe or will not even tell you about their investment. My question for you is, after that guy bought the car, is he still living a comfortable lifestyle or not? If he is still living comfortably, that means he still has a lot of income source that is still replenishing his pocket.

You cannot unfriend a friend because they bought a car; he may assume that you are against their success or something, and that's not good. If you advise him and he doesn't listen, then allow him to spend his money the way he wants; perhaps he earned the money himself.

From your story, it seems your friend is rich and still has means to earn more money, because if he had not, he would not spend that huge money to buy a car.
sr. member
Activity: 1316
Merit: 422
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I don't want to suspect anything about the truth of this story, but I will always consider a friend to be a friend even if he doesn't listen to my advice. He has the right to all the money he owns, full responsibility for managing that money rests entirely with his decision.
You may want a life free from financial problems in the future by investing in several different assets, but he is trying to enjoy life with the money he has now by buying a luxury car. Every decision is the responsibility of each individual, you are free to manage your finances without intervention from other parties, and so does he.
legendary
Activity: 3234
Merit: 1055
did he use that Rolls Royce off-road that it looked old already after 5 years?  the value of cars depreciates as they get older, not the type of investment a smart investor wants. but in his 20s all he wants is to impress women.  it must have gotten him laid many times.

most people in their 20s have crazy priorities. even when i was at that age, i didn't have an interest in mortgage investing but as i get older, it seems to be one of my priorities already. i don't want to leave this world that my kid will not have a home to inherit. this will give him a fighting chance to live decently in life when I'm gone. BTC will be more of a plus since it's a currency itself.
sr. member
Activity: 2520
Merit: 280
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If someone can buy a car for $28Mil then they are financially better, and maybe they can go broke but he didn't see the car as an investment but as a collectible but no car actually costs 28Mil in 2023 so its some kind of classic old I guess.

People make money to live their life what they want, so if he has 10bn then he surely can afford 28mil car and private jets, a yacht, and everything else.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
Good to hear you have that wealthy friend mate because I have never experienced to get one but this sounds a made up story to me sorry for that. 😅 Well, for me people always have the right to choose whatever they want and if we find it bad it's none of our business anymore and we have to respect their decisions as long as it was legal and no one was aggrieved . Some wealthy people might get offended with our suggestions though he is your friend but still be careful with your words. Rich people don't usually listen to advices from people who they think belongs to the lower class as we all know they do have pride.
hero member
Activity: 1484
Merit: 597
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I’m pretty sure that this is a made up story since that 28M car from rolls royce is the most expensive car which this car company ever made. If your “friend” really can buy this car then I’m pretty sure he came from rich family which doesn’t need an advice from you.

Also if I can buy that kind of car without any problem then I don’t need to invest on Bitcoin because the business/salary that gives me the money for purchasing that luxurious car is already enough for me to sustain my financial needs.

You are comparing buying a luxurious car to Bitcoin investment while it’s obvious that only people that is financially stable can do this kind of stuff. This story will be believable if you use cheap cars instead a luxurious car specifically the top of the line for this well known brand.
full member
Activity: 1414
Merit: 236
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I know, having a car as a young guy is very good to reduce some transport fair in some area and to make it easy for your family or siblings to catch some fun in some good area. But how can someone at the age of 20 years used $28 millions to purchased a car that is not going to bring income to he, when we have some decentralized investment you can invest such amount of money in the bear season and have hope of making more money that will reach you to start other business that will be fetching you cool money. This is what one of my friend did few months ago despite the advise I gave to him to invest the money on BTC or Ethereum, that  he will make more money that will give him more opportunities to build more companies but he never listen to my advice despite the inflation in the country but he went to used $28 millions to purchased Rolls Royce that will not last more than 5 years before it will start looking like old car to the eye of people. If you have such friend that doesn't have any investment and he went to invest such money on car will you continue to take such person as your friend? I have separated from him based on the money he use to buy car that will not add value to his life but people said I would have not separated from him that it have been long we became friends in the environment. What I did is it good or bad so that I will know how to apologize to him to continue the friendship with him.
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