I am in the position though where i have a good job and my lifestyle is living pritty much for free. I do understand that if your the adverage person who lives in society then to spend money on crypto would be a disaster. Unless you can ignore everything and hodl.

Nothing is serious really, all depends on where your standing :) what would you do if you only had to spend 10% of a weekly wage to live well? I invest it before i spend it on stuff I dont really need but want, or I go register myself, get an adress, get a bank, and then give all my earnt money to an investor who will give me 1.5% apr? And that would also get lost at some point in the next 5 years!

Times have changed mate, some would say real estate is a serious buisness, but its not atall if you know how to build houses ;)