Why stop drinking coffee and investing that money into cryptocurrencies won't make you richer.

Greetings from Portugal.

I belive a lot of us are coffee drinkers. Also most of already heard this advice "instead of drinking coffee invest that money for some years."

This is wrong and can make your finances even worse.

If someone is in a financial position where they're $5 for their everyday coffee is the only money they can save to make contributions towards their crypto they are likely not going to be able to grow their account.

The reason that investors fall so far behind the returns of a strategy which is as simple as buying crypto regularly and literally doing nothing else.

Before it becomes too tempting to access to cover an unexpected expense, the daily coffee equation also doesn't include inflation or taxes that will both eat into this figure considerably.

The second reason that people like to blame coffee and other minor expenses on people's financial troubles is because it's relatable and also easy to pick on.

The point here is that people that say this argument they know that telling people to cut out a coffee a day is not going to change their personal finances, but it might change the decision to buy something from them (for example a course).

I would love to hear the community's thoughts on this!

Thanks!