Pursuing hobbies is a waste of time.Quote from KyKaHYou asked for opinion.
Is it acceptable? - Yes, it's your money.
Is it reasonable? - No, it's kinda stupid.
But playing the video game is kinda stupid anyway, you should not be doing this in the first place, you're just wasting your time... But we all do play the game, so one stupid thing leads to another. Anyway you probably would throw your money away on drinks or women or whatever - if you prefer things you can't touch or taste , but help you to fight imaginary demon lord - it's you choice, no one who plays the game is in position to judge you.
This whole debate is more philosophical than anything else.
If I want to glue together little parts so it gets a one big thing,is this stupid? Of course it is, you don't "gain" anything from it.
At least nothing material, but what you gain is satisfaction and fun.
The same that people gain who don't have the time to grind 500 hours elite but want to play the game and a higher level.