Crypto lover and blockchain explorer, constantly chasing the crypto rainbow 🌈✨ Embracing digital gold, #CryptoAddict & #BlockchainBeliever on a mission to dec
Last bull cycle there was a person I knew in real that made 1 big win from a presale.
Funny enough he wasn't to overly informed and dedicated to crypto like some others.
He earned a little bit above 100k with it.
What did he do with it?
Bought his dream car.
However, besides that he still has:
• Large mortgage on his house
• Full time job
• Average size bank account
This is by no means me judging on his decisions but it does make me wonder.
My best friend that can arguably buy that same car 10x times over (has millions) bought a Dacia Duster this year.
She lives in another country now.
Living in total freedom.
No mortgages on 3 of her houses.
For the record:
He still made a big big win in the end.
He has the dream car he wanted and ended up with more than he had before.
No arguments there.
But would you have done the same?
That 100k wouldn't have bought him his freedom yet.
But it would have:
• Lowered his monthly debt.
• Increase wealth generation.
• Work less.
• Higher savings.
•...
There's a lot that could have been done and we all know money creates money.
The dream car is great but his edge he had is gone.
Again there's no right or wrong answer here.
But would you have done the same?