What is the quote about opportunity cost?

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The notion that "there's no such thing as a free lunch" is a well-known phrase attributed to economist Milton Friedman. This statement underscores the idea that everything has a cost, whether it is immediately apparent or not.

Dan Ariely echoes this sentiment by emphasizing the concept of opportunity cost. He notes that every time you spend money on something, it represents an expenditure that could have been used for another purpose. This highlights the importance of making informed financial decisions.

Greg McKeown takes this idea further by suggesting that accepting one opportunity inherently means turning down several others. This underscores the need for prioritization and careful consideration when faced with multiple choices.

In the world of cryptocurrency, understanding these principles is crucial. With so many investment opportunities available, it is essential to weigh the pros and cons of each and make informed decisions.