Exactly why i don’t get why ppl are saying I should spend all my paycheck on bitcoin. It’s just not viable at the moment.
Discussion
Not all of it, just a portion of what you wiuld otherwise save/spend on superfluous stuff.
Likeeee groceries? Pet food? Gas? I can’t afford to buy anything else anyways lol.
Yes, that's the issue. I talk a lot about the difficulty many of my friends and family have to just make ends meet every month, let alone worry about saving whatever they can scrap together in the form of a cryptographically sound hard money...
it’s hard and it shouldn’t be a bad thing to not be able to stack every week.
Totally agreed.
I also think (and I try to impress to my friends and family) that any effort you can put into it will be eventually rewarded many times over. So, a little goes a long way!
Poverty is not a "Crypto issue" exclusively. It's a "What do we value as a society issue". #[2]
I agree.
As you see in my following note, I also try to make them understand that bitcoin is worth the effort. Any effort they can spare to it.
In an understanding, not pedantic, not abusive, not assholey way.
Because they have enough on their plate already, and at the end of the day I'm trying to convince them to get into BTC because I care about them - not as a way to self-validate my own decision of getting into it.
Well then you are into it for the right reasons although I am not sure you are a majority.
The prudent way to stack is pay all your fiat bills first and stack with the remainder, either all or a portion depending on your circumstances and level of fomo
I’m all for stacking what you can, but don’t feel obligated to when you have things you need to pay for.
I don’t know who’s saying that but I wouldn’t listen to them. If you just buy bitcoin on a regular schedule (Cash App makes it really easy) and don’t look at the price you can see over time how that works out. This is a multi-year journey.