Title: What are the rich thinking? Post by: UTON Blockchain on September 23, 2024, 09:58:14 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.
In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: knowngunman on September 23, 2024, 10:21:38 AM I think this post will probably fit in bitcoin discussion since that's what you emphasize on.
Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually. They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way. Title: Re: What are the rich thinking? Post by: Solosanz on September 23, 2024, 10:37:30 AM Do you ever thought to control the whole country? that's what the rich think.
Middle class people didn't even understand about laws and regulations, while the rich already think what kind law and regulation they should propose in order to make their business gets bigger/survive and make them gets richer. If they're the one who can control the country and add/discard the laws, they already know what will happen next. Title: Re: What are the rich thinking? Post by: davis196 on September 23, 2024, 10:48:21 AM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us".
Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer. Title: Re: What are the rich thinking? Post by: Barikui1 on September 23, 2024, 10:59:26 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. Yea, it's quite true that the rich sees differently, we live in a world where no one will come to your rescue if you are living in abject poverty, so as most of the rich this days, they mostly stumble into wealth through inheritance, or like the way they usually call it, getting involved in the family business, and in such a senerio it's very clear that the foundation has been laid already by their forefathers, so the mentality and foundation on how to make money is already in place for such rich fellows.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? But talking of those rich fellows that wealth came into their family through them, to me, they are they real victors, and to be honest bro, they sees things differently compared to you and I, having a fat account doesn't make you rich, what makes you rich is your investment already in place that can fund your daily lives comfortable without you having to work, just like what warren Buffett said, he said this and I qoute; if you don't know how to make your money work for you, just be ready to work till you die. So my brother what separate the rich and the poor is their ability to make their money work them, not by account balance. Title: Re: What are the rich thinking? Post by: Dr.Bitcoin_Strange on September 23, 2024, 11:00:19 AM What the rich are thinking is how to increase their revenue continually and how to live comfortably on their dream life. The rich wants to create more passive income so that they can enjoy life in the later time when their investment is being productive and generating more revenue to them, but the poor wants to satisfied all of his immediate wants first. Some rich people make good analysis first before they invest in anything because they don't want to lose money unnecessarily but some others wouldn't mind the high risk of any investment they are going into, that's why some person lose money on scam projects.
Title: Re: What are the rich thinking? Post by: Yatsan on September 23, 2024, 11:03:10 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? There must be an instinct or air of grace to a life of such relative ease. They deal with the same uncertainty as everybody else, just with other parts invested pressure from investment market fluctuations Even a relationship, personal one, is not unique to that status. Sure, they might have better weapons to employ against the situation. But certainly, nobody knows it all. It's all set to be an opinion show. Some people might take a riskier approach, some are even more preventative. But hidden fears and hopes, such as wanting to have a stable future - it's all very interrelated, yes, it's playing the cards you have. Doesn't matter whether you're holding a king or two! Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer. Yes, that is true, hard work and social skills are essential factors in gathering wealth especially in my country around ASIA. differences in thinking Where the rich see opportunity while others focus on survival. It could greatly determine the outcome. However, I still believe in his eyes Many rich people struggle with the same fears and uncertainties. Their methods differ. But the human experience is still there. Interesting how different financial considerations color our actions- investment or just mere survival. Title: Re: What are the rich thinking? Post by: Sayeds56 on September 23, 2024, 11:04:28 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? This is very interesting topic for debate and discussion. Rich thinking is opposite of poverty mindset, which focuses more on scarcity, immediate gratification and fear of losses when making investment in risky assets. In contrast, rich thinking is proactive, emphasizes on long term growth, and involves taking calculated risks. The history of successful entrepreneurs demonstrates that they were bold in making decisions without thinking about fear of failure. In my opinions fear of failure the main obstacle to achieving success. Title: Re: What are the rich thinking? Post by: Lida93 on September 23, 2024, 11:27:06 AM I think this post will probably fit in bitcoin discussion since that's what you emphasize on. I don't get, like how else can we classify any one to be rich if we don't start with the number of zeros in their account. It's with those zeros they use to acquire properties and other assets which them accumulate to their network.Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually. On the other hand if he or she decides not to use the residual zeros to create more zeros thay doesn't simply make him not to be classified still as being rich. For instance will we say that someone that owns $1billion and chooses not to do anything with it in creating more but holds it to himself, does that mean he/she is not rich? No! They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way. yeah all you said here about the rich people is true. They just have a different attitude about life and they don't keep unproductive company of people. And very significant about rich people is that they cooperate and connect so well to mutual grow each other, unlike the poor that is wanting in cooperation.Title: Re: What are the rich thinking? Post by: MRY on September 23, 2024, 11:27:49 AM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Certainly, the state of mind severely affects how individuals deal with their finances. There is a tendency for a number of rich individuals to seek out opportunities and make the best of every chance that comes up, while those with less money are more susceptible to the survival trap. It can really affect how we work towards what lies ahead. As we begin to think ahead more strategically and we can access more opportunities.Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer. Clearly, giving money to those who are in need is not guaranteed to secure smart management of those funds. Financial understanding and education in investing are important for all. Maybe we can support them with relevant information or resources that change their mindset and point their financial achievements upward. At times, a bit of knowledge can dramatically improve how we administer our finances and foster a more secure future. Title: Re: What are the rich thinking? Post by: Wexnident on September 23, 2024, 11:37:23 AM ~ Wouldn't they have professionals managing those kinds of stuff? And I'm pretty sure that if they're THAT rich I don't think the loss of buying a vacation home instead of Bitcoin would hurt them that much. Unless ofc their goal was to always make money no matter what, and in that case, they wouldn't have missed Bitcoin in the first place since they'd probably looking at investment opportunities rather than vacation homes. Also personally I'd like to think that they're thinking more on the hobby side of things, like stuff they want to create and stuff like that. Maybe a passion even. Pretty much stuff regular people would like to do when they have both time, money, and maybe even connections. Kind of like the nobles of the past maybe? Title: Re: What are the rich thinking? Post by: franky1 on September 23, 2024, 12:47:08 PM firstly being rich is these days classed as those that spend alot and flash their cash in ways such as having expensive depreciating items on show
being wealthy is having the same large spendable amount but being wiser with it. re-investing it, buying assets instead of depreciables many wealthy people dont hoard it all(untouched) for decades, they play the waves(ups and downs) of a market to acquire more assets/shares and then take out what they need to live on EG if a market was to to go upto $70k three times and then dip to $60k each time they could sell 1btc at $70k buy at $60k repeat 3 times and then get 1.58btc alot of investors know the normal stock market only performs on average at 8% per year long term. so if there is a market wave of a increase or decrease of more then 8% in less than a year, they will take it, as each short term push of more than 8% adds up and means the per year also increases when added up which then when added up over multiple years cumulates to being alot of advantage compared to just hoarding non stop the smarter level 2 plan is not to throw all assets at this plan. and instead mitigate the risk by only moving some of the coin, that way if the market moved in other direction(up further) they still have coin to take advantage of the opposite Title: Re: What are the rich thinking? Post by: NurseHub on September 23, 2024, 01:27:30 PM While we are trapped on how to make money and achieve our goals and how to meet up with our daily family demands, the rich are already done with that and have set up their goals and are now investing in how to make more income to boast it for the future.
In the case of not buying Bitcoin instead spending money on vacation, we are all humans that are filled with unsatisfaction to craving for more, so when you miss an opportunity, you look for a place to blame it on. It's never the money they spend, but they wish to have had the knowledge of the Bitcoin investment before now. Most rich people still work really hard, and most of them hardly take rest except on that vacation period and often work even on vacations. The different level and different thinking, you can't have a Toyota and still thinking of having it, but you yell for greater, and it's the level we are that gives us how we think. Once we get to that level, all your thinking changes. Just like politics, when you are trying to secure a power, your thinking force is on how to get it, but once you get it, it's always how you can make use of it that comes into thought. Title: Re: What are the rich thinking? Post by: Jody.Drummer on September 23, 2024, 01:31:31 PM Basically it is the same because we are humans who when talking about money then it is the same. In fact, we may often talk about the rich getting richer, well here they are actually still pursuing even greater profits. The difference is when rich people will be calmer in holding back, because they have a lot of cash reserves, a little panic may be yes, but that will only be felt by people who have not been in this crypto space for long, while those who are experienced they will be relaxed. I don't have to mention names in this case, because I'm sure we all know who the influencers or rich people are in this crypto space.
While people who are relatively simple, usually we will feel like we want to get profit quickly. I will not be hypocritical to say that I am one of them. ;D Title: Re: What are the rich thinking? Post by: iv4n on September 23, 2024, 01:31:47 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? We cannot generalize things, not all rich people are the same... there are good ones and bad ones, some think about how to make more money and be richer, and some are modest and enjoy what they have. Some are after more power and control, some just wish to be left alone. In any case, we can't know what someone is thinking & how they feel until we get to know them better... there are too many people in this world, some are more or less rich in money, but money is certainly not a measure of happiness. So who cares about rich people and their mindset, take care of yourself and your closest ones. That should be everyone's focus. Title: Re: What are the rich thinking? Post by: mirakal on September 23, 2024, 01:48:27 PM I do think we're on the same mindset with bitcoin investment. It's just that, they are more privileged and have bigger opportunities to invest more compared to the middle class people. And to add that rich people have more goals and life's desires. And it will be easier for them to achieve them because they have sufficient amount of resources in the first place, patience and persistence will be somehow developed throughout the process.
Title: Re: What are the rich thinking? Post by: NurseHub on September 23, 2024, 01:48:42 PM I think this post will probably fit in bitcoin discussion since that's what you emphasize on. Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually. I am trying to comprehend what you meant when you said classifying the rich and the poor based on their account balance is wrong. Firstly, your net worth alone can speak for you; even your name can also speak for you, which is basically because of your net worth. People are willing to invest in a place where they are sure of, which means for you to get that figure alone, you can basically handle the department. You can't just not have the figures and expect people to invest in you. When one is trending, every company wants to have something to do with you because they also have a win at last, so the figures in your bank account speak too. Open for correction. Title: Re: What are the rich thinking? Post by: Accardo on September 23, 2024, 02:04:08 PM The rich have nothing to think about other than whatever it is that bothers them. Humans have lots of doubts, and uncertain decisions filled in their memory, and it seems like the rich undergo lots of stress questioning their wealth; whether it'll disappear someday. Hence, they spend lots of time wondering on methods that will continuously yield streams of income, and increase their wealth.
For example, what's Trump actually thinking? He's got the wealth, and all material achievements, but that's not his problem, it only troubles him to be the president of America, because he wants to stay in that position. Title: Re: What are the rich thinking? Post by: Apocollapse on September 23, 2024, 02:14:15 PM Most rich people still work really hard, and most of them hardly take rest except on that vacation period and often work even on vacations. Are you sure?How about rich people who have a business with good system? President (rich people) force the vice president to achieve "something", vice president force branch head to achieve "something", branch head force head management to achieve "something", head management force each head division to achieve "something", each head division force the staffs to achieve "something". However, when they already achieve it, the one who get credit is someone who give the task (higher position) instead of the one who work for it. In the end, the President did nothing, but he got all the credit from vice president to staffs that work for him. Title: Re: What are the rich thinking? Post by: Kcrypto18 on September 23, 2024, 02:50:12 PM It’s tempting to think the rich have secret strategies, but in reality, a lot of their worries are probably similar to everyone else's. Whether it’s managing their investments or crypto, they’re dealing with uncertainty too, just at a larger scale. Sure, money offers more options and a cushion for mistakes, but it doesn’t take away the unpredictability of markets and life. When it comes to investing, everyone’s playing a game where no one knows for sure what’s coming next.
Title: Re: What are the rich thinking? Post by: Hewlet on September 23, 2024, 03:23:06 PM In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! As long as the wealthy person got his wealth from a genuine source, no amount of thought that comes with being rich will equal the devastating consequence and torture that comes with being poor and having a need without the financial means of meeting those needs. Title: Re: What are the rich thinking? Post by: Pokapoka124 on September 23, 2024, 03:24:59 PM Rich people have a different approach to money than poor people. For example, a poor person would rather spend his money on clothes, jewelry, the latest iPhone e.t.c than to invest in a business or asset. Poor people go broke many times trying to look rich and impress other poor people in their environment. Rich people buy real estate and then use the profits from that investment to buy something they want. It could be a luxury car or a new home. Rich people understand the value of investment and having a steady stream of income.
Title: Re: What are the rich thinking? Post by: Questat on September 23, 2024, 03:43:51 PM Both rich and poor aim to gain life's future progress and productivity. However, with rich people, they don't just stop there and settle when they have achieved their goals, but will continue to long for more because being rich isn't enough, they need to get richer and richer until they don't need to work already and just rely on their wealth and sustainable sources of profits.
While poor on one hand, once they have achieved their goals, they try to relax and live the best moment of their lives, not realizing that they could have achieved more if they continue taking advantage of the opportunities. Title: Re: What are the rich thinking? Post by: LogitechMouse on September 23, 2024, 03:57:11 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. No. Secret Playbook? It didn't came to my mind TBH. I mean the only difference between me and the rich is: knowledge, money and the kind of lifestyle that they have. They might be stressed with their crypto portfolios especially those inexperienced ones, but I believe most of them aren't stressed at all because investing in cryptocurrency is almost like investing into business as well. They know already what to do in different situations. At least that's what I believe. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! That's the worst advice that I can hear from a newbie. Hold? And hope for the best? Rich people don't think like that LOL!!! You know what they have that most poor people or even most investors don't have? Strategy. The rich doesn't just hope for the best, but they have a strategy that will help them make more money. Hoping for the best is a mindset for the poor. If you want to be like those rich people out there, learn to have a strategy in every investment you have.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? The rich have different mindset compared to poor people. That's why the rich become richer while the poor becomes poorer.Title: Re: What are the rich thinking? Post by: Adbitco on September 23, 2024, 04:12:40 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. You can't expect everyone to think the same because they have different mindset and perspective let say i could be thinking of buying more thousands of bitcoin and hold for decades this could be 12-20 years coming while others may likely be thinking of buying this very moment to utilize the next year bull run. Meaning they might only be concerned about upcoming bull run while some others have long term projection, or could be thinking of what to do to keep my bank account getting large extremely while others thinking of what to do to cash out immediately there is a little market variation or differences. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: Akbarkoe on September 23, 2024, 05:40:45 PM Both rich and poor aim to gain life's future progress and productivity. However, with rich people, they don't just stop there and settle when they have achieved their goals, but will continue to long for more because being rich isn't enough, they need to get richer and richer until they don't need to work already and just rely on their wealth and sustainable sources of profits. While poor on one hand, once they have achieved their goals, they try to relax and live the best moment of their lives, not realizing that they could have achieved more if they continue taking advantage of the opportunities. I think what you said is not entirely true if we assume that poor people tend to stop immediately after achieving their goals. Because, in my opinion, there is nothing wrong with enjoying the fruits of our labor and relaxing for a while. The problem is when we are so caught up in this enjoyment that we forget that the world keeps turning, and opportunities always come. If we are too relaxed and do not try to take advantage of the opportunities that exist, then we may risk losing those opportunities. Therefore, we experience difficulties or poverty again just because we realize too late that efforts must be continued. Finally, those who have succeeded before can struggle again not because they are incapable, but because they do not have the mindset and ignore the dynamics and opportunities that are always there. So, the balance between enjoying the results and moving forward is very important. Title: Re: What are the rich thinking? Post by: ivankoh on September 23, 2024, 05:45:57 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? “Success has nothing to do with IQ, the key lies in reason” - Warren Buffett. Actually, I am not rich and I have the same question as OP, maybe I should find a way to make friends with rich people to learn about their thinking. Lol. The difference in reason is that rich people dare to think and dare to do, as well as they have the ability to do the opposite. For example, when bitcoin reaches ATH and we think they have sold, they Hodl and wait for the adjustment, they buy again. They are not afraid of that.Title: Re: What are the rich thinking? Post by: Rruchi man on September 23, 2024, 06:23:25 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? There are slight differences in mindsets, but the rich are not so different from those who are not rich. Asides those who were born into wealth, it completely requires a big level of dedication to go from an individual who is poor to someone rich. So people who have actually transformed themselves into wealthy individuals possess a higher level of dedication to work and investments than the average individual, that is their uniqueness. It requires another level of dedication to be stay rich after becoming rich even if you are born into wealth. Title: Re: What are the rich thinking? Post by: shield132 on September 23, 2024, 06:40:39 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. I always thought that rich people were very smart, and intelligent and knew something that others didn't know but once I became a UI/UX designer and started meeting with stakeholders and investors, I quickly understood how wrong I was. Rich people aren't smart, they got rich by luck or I don't know and then hire people to create a new business. Highly educated people who finish university work for rich people because we live in capitalism and it's hard to start your own business without good capital. Rich people hire the right minds, ask them for advice, give them money to make ideas happen and that's how they live. HODL has nothing to do here and not every rich person has a crypto portfolio. It might seem strange but too many rich people ignore Bitcoin.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: Silberman on September 23, 2024, 06:46:22 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. The opportunities at their disposal are not the same, someone that has accumulated a great deal of wealth can then use that money to their advantage by gaining influence and other forms of power, so they do not face the same risks as we do as they can always get their hands on privileged information and make a lot of money this way, so for them it is way easier to maintain their wealth compared to the efforts we must go through to try to do the same.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: EarnOnVictor on September 23, 2024, 07:20:29 PM -snip- You said it all, they are not better than us (as humans) but they have more money than us, don't let us forget that. And money attracts more money and power, that's what they have better than us and this alone can make their living on earth better than the poor and average. However, I have never seen them as superbeings but as those who are privileged to have more resources than us.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! As for HODLing, well, it is meant for the rich the most and not retail investors with a few investment values and higher responsibilities back home. :( Title: Re: What are the rich thinking? Post by: coolcoinz on September 23, 2024, 07:33:15 PM I know rich people and the ones that I know are extremely hard working. They live like poor people, working their assess off at 60 even though they have millions on their bank accounts.
There's a woman that's filthy rich that lives nearby but you wouldn't tell that if you saw her. She looks normal, doesn't walk around much, I see her maybe once a year outside or at a store because she's at work all the time. She's got people to do everything for her and she just sits at home and manages her businesses from there. It's a sad life if you ask me. Yes' she has a large house, but barely has time to walk around it. Another rich lady I read in the news about bought his son a fast car and he killed himself in it and she's now battling depression. Rich people are often lonely and sad. Don't envy them. Money doesn't bring happiness. You might think it does, but in the long run it's a burden. Make sure you have enough, but not too much. Title: Re: What are the rich thinking? Post by: ManHatOn on September 23, 2024, 07:47:41 PM We have many responses and no one yet mentioned what THE RICH are thinking about:
Billionaire bunkers: How the 1% are preparing for the apocalypse https://www.cnn.com/style/article/doomsday-luxury-bunkers/index.html I know rich people and the ones that I know are extremely hard working. They live like poor people, working their assess off at 60 even though they have millions on their bank accounts. There's a woman that's filthy rich that lives nearby but you wouldn't tell that if you saw her. She looks normal, doesn't walk around much, I see her maybe once a year outside or at a store because she's at work all the time. She's got people to do everything for her and she just sits at home and manages her businesses from there. It's a sad life if you ask me. Yes' she has a large house, but barely has time to walk around it. Another rich lady I read in the news about bought his son a fast car and he killed himself in it and she's now battling depression. Rich people are often lonely and sad. Don't envy them. Money doesn't bring happiness. You might think it does, but in the long run it's a burden. Make sure you have enough, but not too much. Very wise words, coolcoinz. Money certainly doesn't bring happiness, peace of mind does help. Title: Re: What are the rich thinking? Post by: tabas on September 23, 2024, 08:50:16 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. Some of them are born with silver and golden spoons and can inherent the riches from their parents. So, the real MVPs are their parents who have generated generational wealth and they're just enjoying it. It's true that they're humans too but they're more privileged compared to the ones that don't have money and are starting out their journey to become wealthy. What do they think? they think of working their ass off so that their riches won't be gone out as they enjoy it.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? They have a different mindset compared to the average people. They are willing to take risks and that's why they're also getting huge reward results.Title: Re: What are the rich thinking? Post by: Hatchy on September 23, 2024, 09:06:08 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Money in its own sense creates another kind of personality for each person. And it depends on how rich or how well you manage your funds. Yes the rich folks has a lot of taught going on in their mind, things like whats the next investment they could probably poor their money into and become even richer. Every taught they make differs from that of the average or poor as they might not be think of investing but a way to survive. When it now comes to BTC, the rich will also have the eagerness to buy more and hodl because they literally have enough money to spend on other things. Again for the average man, he might be scared that he losses his investment and probably sell earlier. Title: Re: What are the rich thinking? Post by: Jegileman on September 23, 2024, 09:21:31 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? You’re not missing out on anything. The rich are just another kind of people like us with a more diverse thinking mindset. They tend to look at disability in every possibility they see that comes for them. They’re always maximizing their opportunities and never to think that another one will come if they don’t maximize the current one. The rich are always looking to see how their money will grow more just like how the poor will also be looking for a ways to see their portfolio get bigger by investing more. We are all the same, just that we may have the same priority but different interest. The investment by the rich and the poor in crypto investment will also differ from another base on the sacrifice done into it earlier which are not simila, so the outcome will also differ. The rich are getting more for what they’ve put in while the poor are getting little as much as they’ve put in also. Title: Re: What are the rich thinking? Post by: Nothingtodo on September 23, 2024, 10:51:04 PM We poor people think the opposite of what the rich think. Our thoughts may sometimes match the thoughts of the rich but we cannot turn those thoughts into reality. Rich entrepreneurs think positive thoughts in any situation but we can't control ourselves in bad situations and we can't think anything positive at that time. Rich people know very well how to grow a small business while we are shy to grow our small business.
Title: Re: What are the rich thinking? Post by: livingfree on September 23, 2024, 11:03:35 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? We're not missing anything about them. They're all the same and thinking of one thing and that's to make themselves richer. You see, the rich becomes richer because once you get to the top you don't wanna be on the bottom. And with that, they're doing everything they can to maintain their positions of being rich. They get into several ventures and they have entrepreneur mindset and maybe that's what the whole difference of them and a commoner. Title: Re: What are the rich thinking? Post by: letteredhub on September 23, 2024, 11:47:45 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? The rich have different mindset compared to poor people. That's why the rich become richer while the poor becomes poorer.The rich is always quick to grab opportunities to invest for the future but you see the poor he always set his mind at the present output. Rich people invest in knowledge while the poor see investment in knowledge as a waste of funds that could be spent on meeting immediate desires or pleasures. For example: a rich amn could spend a $100 bucks to purchase book for the sake of the content of that book, something the poor will give a hundred reason why he see no need to spend such bucks for a book. Lol. And the worst of all poverty is that of the poverty of the mind/mentality, it constraints an individual from going the extra mile to effect a positive change of life. Title: Re: What are the rich thinking? Post by: reagansimms on September 24, 2024, 01:45:02 AM Don't focus too much on what rich people think, they have reached the stage of Financial Freedom with more zeros in their bank accounts or investing in Bitcoin in preparation for a Recession or economic collapse to save their wealth. Stop pointing the mirror at others, look at yourself once in a while and ask yourself what you need to do to become rich. Look for the point where you can make huge money, Investing in Bitcoin is the best way for you to create your own wealth in the future. Start allocating a percentage of the money you earn to invest in Bitcoin, the DCA strategy allows you to own Bitcoin consistently in the long term.
Title: Re: What are the rich thinking? Post by: Reatim on September 24, 2024, 01:51:47 AM So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: uswa56 on September 24, 2024, 04:35:22 AM So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Anyone who wants to continue to make money to accumulate their wealth whether they already have a lot of wealth or a little and that's right as you said, those who already have a lot of money will certainly find it easier to save their money because every need they need has been fully met and in terms of saving, of course, it will be very difficult for some people who have a small income because not all the needs they need can It will also be difficult for them to have savings. I think if we choose to store Bitcoin for emergency needs, of course this is not appropriate, but we have to keep the asset in the long term to make a profit from it, because if we save for emergency needs and when we need the asset is declining, of course this will be detrimental to us if we decide to sell it and I agree with in terms of saving money, of course it will be very easy for those who already have a lot of wealth. Title: Re: What are the rich thinking? Post by: YUriy1991 on September 24, 2024, 04:50:02 AM So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? I think, both the position of rich people or ordinary people I think is not much different, what we have to remember is that the conditions of this life are always changing and we cannot predict that it will always be safe, whether when we run a business, invest in crypto or others. The level of stress that arises usually arises when we need money quickly, for example for sudden needs at any time and at that time there is none because we never prepared the emergency fund reserve option and previously we considered it trivial, plus market conditions that do not support it. If ordinary people to cover their daily needs but if they already have a lot of money, the level of need is no longer a basic need for their business so that it does not stall and collapse. Title: Re: What are the rich thinking? Post by: FinneysTrueVision on September 24, 2024, 05:32:00 AM There are probably millions of people in the world who could be considered rich. We can’t group them into a single monolithic entity with the exact same thoughts and beliefs. Some rich people are very generous and charitable with their wealth, while some others are greedy and want to hoard and accumulate as much money as possible. They have gotten to where they are through various means. You don’t necessarily need to have a certain mindset if you just inherited your riches or if you won the lottery.
Title: Re: What are the rich thinking? Post by: mich on September 24, 2024, 07:54:05 AM Well I do think the rich crypto investors do think same way that we do normal people. They are investing in crypto to make more money not just for the technology of it.
It is the reason most people choose to invest in any sort of thing. Investing in something to hope for big gains in the future. The rich are also nervous when there is a 'bear market' and they do get happy for the 'bull market'. Title: Re: What are the rich thinking? Post by: bakasabo on September 24, 2024, 08:22:21 AM I was always considering, that one of differences in mindset between poor and rich, is that first ones think how to spend, but second ones think how to earn. Which makes both parties think purchasing bitcoin, regretting for not buying when price as low, , both feel stressed when prices change, both are holding for individual reason (one hold to be able to buy something more expensive or spend more, other hold to be able to reinvest more).
Title: Re: What are the rich thinking? Post by: icalical on September 24, 2024, 09:37:09 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? You got a point, but the "same game" for everybody is just not that correct. Yeah, rich people are human, too, but access to resources insulates them from financial risks in ways the rest of most people cannot match. For example, while the average investor might be sweating over a dip in his small crypto holdings, many well-monied investors have the privilege of taking long-term risks. They can hold during market downturns and wait for eventual rallies, such as the expected Bitcoin breakout later this year. That said, sometimes the rich will also experience loss. Bitcoin alone lost 6.3% in September, and with economic factors such as the Fed's decisions and incoming elections weighing down the market, everyone feels strained on their portfolios. But for the wealthy, it's less about HODLing and hope than it is about diversification, hedging risk, and sometimes benefiting from market volatility in ways smaller investors can't. Title: Re: What are the rich thinking? Post by: rhodelmabanal on September 24, 2024, 10:19:58 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. The difference between rich and poor is that the poor is consumer and the rich are producer, the reach hold btc or altcoins to produce more profit in the future while poor is always selling even if there is only a small earning, and then buy things that is not important and consume all profit thats the difference. But i think we can change that if we control our emotion. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: StreakW on September 24, 2024, 10:44:03 AM Behind every success, there are challenges and doubts. Maybe the mindset of the rich is more willing to take risks and focus more on opportunities, but in the end we all find a way to move forward. The key may still be persistence and the right strategy.
Title: Re: What are the rich thinking? Post by: Rockstarguy on September 24, 2024, 12:06:45 PM So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? The target of the rich when it comes to investment is to make wealth that is why the rich man tries every best to pump good amount of money in its investment. The target of the poor is to make profit and they find it very difficult to put in more money in an investment because of fear of lose. The rich people takes more risk and sometimes in taking these risk they come across much opportunities while the poor avoids risk just to lose of money and this also affecting investment in one way. Title: Re: What are the rich thinking? Post by: el kaka22 on September 24, 2024, 04:01:24 PM Rich people have easier time holding, when there is something wrong with our life, we need to pay somehow and sometimes it's so bad that we have to sell so we can pay for stuff, I had that for many times before and I had to sell to pay for stuff, whereas the rich do not have that, they are not forced to pay for anything right away, they can create more and more debt because the bank knows that they have what it takes to pay eventually when the time comes, they can pay their debt with bigger debt even, so it is not a thing that costs them anything at all.
I believe that the rich are doing all of this because they know that keeping your money invested is a lot more important than paying your debt quickly, and your assets are what makes you rich to begin with. I believe that's the biggest difference, they can buy bitcoin and no matter what they can hold without ever needing money, that is patience that could make you even richer that we do not have luxury to. Title: Re: What are the rich thinking? Post by: Mr.sprin on September 24, 2024, 04:27:29 PM Behind every success, there are challenges and doubts. Maybe the mindset of the rich is more willing to take risks and focus more on opportunities, but in the end we all find a way to move forward. The key may still be persistence and the right strategy. I agree bro, rich people on average have a lot of courage because they dare to take any risk, if poor people think a lot about the future, whether they will make a profit or a loss, especially since their capital is limited so they will have to think for a long time, when other people If they are rich at a loss, they still have other savings to use elsewhere, but poor people who have limited savings when they lose money will want to take money anywhere else, and in the end they look for loans from other people, which is basically rich people are more reckless than Poor people, even though everything has been arranged for their sustenance, we just have to live as safely as possible.Title: Re: What are the rich thinking? Post by: ChiBitCTy on September 24, 2024, 04:28:21 PM I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving. If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives. They don't spend like people necessarily think that they do.
Title: Re: What are the rich thinking? Post by: HajiBagi on September 26, 2024, 06:48:51 PM I think this post will probably fit in bitcoin discussion since that's what you emphasize on. Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually. They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way. That's all, you have said, the rish people don't think about what others are thinking and also they take action and seize the opportunity that comes their way, in this life, you have to difference between the rich and the poor because we can never be the same, although we are the same human being but not with the same level, the zero that you think that differentiate between rich and poor people might not be the reason why we are not at the same level, did you believe that being rich is not easy and when you are not also destine to be rich you can't be rich but using an opportunity that can change your life is the best thing. Another difference between the rich and the poor is that rich people always have a mindset to save and invest their money in something that will benefit them in the future but the poor can not because the poor person will be thinking about how to spend it on things that he lacks, I have never seen any poor individual invest before because if the poor person invests what is the meaning of the invest, no can invest when he or she has not been satisfied with life, so there are many different between rich and the poor. Title: Re: What are the rich thinking? Post by: syedakhlaque on September 27, 2024, 09:43:35 AM I agree that rich people are human like us. You will find among them very organized, moral, dignified and humanity-loving and humble people.Yes, of course, just as there are people of every character in every class of thought and life, so there will be good and bad people in both the rich and poor classes.
So it is not right to hate the rich. While everyone is trying to get rich overnight somehow. And this is also his long-standing wish. So it is that the evils born of wealth are hated and the human behavior that changes after wealth is considered bad. Not from humans. Title: Re: What are the rich thinking? Post by: Peanutswar on September 27, 2024, 10:08:33 AM People have different environment and also opportunity made some people or rich ones already have the advantage but still it's up to them how they will manage their money. Most of the rich advantage I guess they don't complain too much and they seek for the solution and not for the problem reason why they have a step a head thinking even they have the more connections and money other people can do the same thing even in just small steps yes they have the money and we don't have if you are in the lower and middle class but you can get up yourself again don't blame others if you didn't get succeed in life it's on your actions.
Title: Re: What are the rich thinking? Post by: fuguebtc on September 27, 2024, 02:09:04 PM I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving. If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives. They don't spend like people necessarily think that they do. That is true but as you said: it will depend on how "rich" they are and their personality . I have also met many rich people who live frugally and have even been called stingy and miserly. But there are also rich people who spend very freely, they have a simple concept of life that life is for enjoyment, and they think that earning a lot of money is useless if they cannot spend it on life. Saving is a virtue , but sometimes if we focus too much on saving to maintain wealth and we forget to take care of ourselves and forget to enjoy life . So what is the point of being rich ? Instead , I like the idea that we should focus on finding ways to make more money instead of saving . Title: Re: What are the rich thinking? Post by: Farhan99 on September 27, 2024, 02:35:49 PM I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving. If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives. They don't spend like people necessarily think that they do. Your father said that it is true but it was good in earlier times because there are many bad situations in today's times if you do business, it will be easy for you. But if you do a job, many difficulties will come for you, but you cannot become rich from it, but there will be times when you will face difficulties. You are not wrong but it will be possible only if you earn a lot and have enough money saved to accumulate otherwise you can't do anything that the rich do. when a person doesn't have money, his thinking is small and when you start getting rich, your thinking will be bigger, but you will want to take everything. Everyone wants to eat well and wear well, but it costs money.Title: Re: What are the rich thinking? Post by: Republikcoin.com on September 27, 2024, 03:11:37 PM Behind every success, there are challenges and doubts. Maybe the mindset of the rich is more willing to take risks and focus more on opportunities, but in the end we all find a way to move forward. The key may still be persistence and the right strategy. As long as we can find the right opportunity and know how to use it to become more successful, I think it will not depend on how rich or poor someone is. Because poor people who know how to take advantage of opportunities and also know how to find good opportunities in their lives, then that person will also be more successful because he has his own way of creating the key. As for persistence and strategy, they must always be in everyone because only with that can everyone face every challenge in order to be able to take that good opportunity.Title: Re: What are the rich thinking? Post by: Plaguedeath on September 27, 2024, 03:21:04 PM That is true but as you said: it will depend on how "rich" they are and their personality . I have also met many rich people who live frugally and have even been called stingy and miserly. But there are also rich people who spend very freely, they have a simple concept of life that life is for enjoyment, and they think that earning a lot of money is useless if they cannot spend it on life. Rich people who choose to live frugal and being stingy is because they happy with that live, they prefer to see how much money/assets they have rather than upgrading their lifestyle. You might think their life miserable, but actually isn't, usually this kind people only stay at "middle" or "middle upper" class, because upper class care with their relationship.Saving is a virtue , but sometimes if we focus too much on saving to maintain wealth and we forget to take care of ourselves and forget to enjoy life . So what is the point of being rich ? Instead , I like the idea that we should focus on finding ways to make more money instead of saving . People who live frugal will not able to find and maintain relationship with rich people. Title: Re: What are the rich thinking? Post by: Oluwa-btc on September 27, 2024, 03:40:47 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? If you really want to know what's on the mind of the rich you should have a close associates with them to find out what they think but then talking about the rich who in particular fall under that category because mostimes people come up with thread and say the rich this and that I usually have a long thought on that because anyone can be classified as the rich as well including me but mostimes we opt ourselves and push the questions to the Frontline and request answers for ourselves whereas we fall under that category, so always thinking to know what's in the rich mind could also be in your mind as well as mine and others but the thing is the rich don't get tired of looking for possible measures to attain one Greater achievement and assets. Title: Re: What are the rich thinking? Post by: Mr. Magkaisa on September 27, 2024, 06:04:02 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? - First of all, the difference between the thoughts of rich people and ordinary people who strive to improve their lives is far, but mostly there are poor people who just want to advance but do not want to make a way for them to advance in life. The system of the rich is different from the poor; the majority of the poor are not ambitious; instead, the rich are risk-takers, positive thinkers, and hardworking. Title: Re: What are the rich thinking? Post by: ndutndut on September 27, 2024, 07:04:58 PM What do rich people think? Rich people always think about how to turn $10 into $20. Rich people usually dare to take risks and poor people want guarantees. In addition, rich people understand the principle of making money, they will see money as an opportunity to seek profit, not just something to be obtained.
And of course their mindset is also more advanced, they mostly like to focus on investment. They prefer to accumulate wealth by buying assets that generate money, such as investing especially bitcoin investment and opening new business opportunities, rather than buying consumer goods. So I think the mindset of rich people is not always thinking about luxury goods, they also think about holding bitcoin and hoping for the best for the future. Title: Re: What are the rich thinking? Post by: AprilioMP on September 27, 2024, 08:00:32 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Rich people only exist in our minds when we see everything they have ranging from luxury homes, expensive cars and all kinds they have that we do not have. Just like your neighbor who never realized that he was also considered a rich person because he was still working. Rich people only think how money keeps spinning every day without stopping and continues like that forever. Rich actually is in the mind. That is, they play their money in various ways and types, not only to save the money in an account that does not bring profit. Title: Re: What are the rich thinking? Post by: justdimin on September 27, 2024, 08:50:16 PM If you really want to know what's on the mind of the rich you should have a close associates with them to find out what they think but then talking about the rich who in particular fall under that category because mostimes people come up with thread and say the rich this and that I usually have a long thought on that because anyone can be classified as the rich as well including me but mostimes we opt ourselves and push the questions to the Frontline and request answers for ourselves whereas we fall under that category, so always thinking to know what's in the rich mind could also be in your mind as well as mine and others but the thing is the rich don't get tired of looking for possible measures to attain one Greater achievement and assets. I do agree that getting some rich friends would allow you to learn what they are thinking about, but the reality is that when you are super rich, and if you are not trying to be even richer, then most of them just retire and think about lunch, or watching tv or something. I know you think this is a joke, but not everyone makes a million dollars and want another million dollars, some make a million dollars and stop and retire.I have a few friends like that, they were super tired of working, and they are retired after making a few million from crypto, and they all just wake up, eat breakfast, go to gym, come home, nap, read a book, watch tv, dinner, watch some more tv, and sleep. That's all they do and they are the happiest people I ever met. Title: Re: What are the rich thinking? Post by: Sexylizzy2813 on September 28, 2024, 12:26:41 AM The rich only think of how to multiply the little they have into thousands while the poor only think of how he can manage the little he has to get food to sustain him for the day. And we can't break their (the rich) head and start swimming inside before we know what's next they're thinking. We're all the same and the way we think can be the same but the way and manner we go about what we think is very different, and if we think the same way and handle all we are thinking the same way it all has to do with luck because we all can't be the same in every way. If everyone is rich, who's going to be the poor? Who will ask for help from the other? The world need to be balanced that why we have good and bad, left and right, up and down, rich and poor etc, everything comes in twos.
Title: Re: What are the rich thinking? Post by: Dr.Osh on September 28, 2024, 03:18:27 AM I think, what makes the difference is the capital. We all hope that the price of the coins we hold will have a high price in a certain time. What makes the difference is the capital. In addition, rich people seem to have quite a lot of sources of money, so when they predict wrong, they don't think too much about it, because most likely they have a lot of sources of funds other than crypto. This makes them not hesitate to use their money. Meanwhile, for people who are not yet rich, not a few of them when they lose their crypto assets, they will hesitate to invest much more because of limited sources of income. However, the fundamental difference between all of this is the capital used, and the source of income.
Title: Re: What are the rich thinking? Post by: adzino on September 28, 2024, 03:50:01 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. Yep, they are just the same like us - a human but no, they don't think like us. They think in a complete different matter. Like you said, they have more money than us. This enables them to take more risks. Once they invest, they start enjoying profit. Them making losses? They don't care. They don't stress about it. What they do is move on to next investment and try to do better over there. They have money that they can afford to risk. This is the principle difference between the common people and the rich. The rich people knows that they wont be able to make profit every time they invest. This helps them to take informed decisions and eventually turn around the negative outcome to something very positive. If it was us, seeing any huge losses would make us go mad and then we take decisions that later causes irrecoverable damages.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: Iranus on September 28, 2024, 05:39:12 AM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? If rich people don't have a different and superior mindset than the rest, then why can't they have more zeros in their bank accounts than the rest of us? Why can they own more luxurious and expensive things while we can't? If you think you are like them and they are not superior to you, why can't you become rich or own as many bitcoins as them? There is clearly a huge difference between the mindset of rich and poor people, and none of us think alike. Except for those who are rich through inheritance, those who create their own wealth and become rich through their own tireless efforts...they are definitely superior to us. I don't know if they have any secret but I'm sure they are better than us and their wealth is proof of that, if someone thinks that rich people are like us then ask the question: why can't we become rich like them? Title: Re: What are the rich thinking? Post by: Kelward on September 28, 2024, 01:03:07 PM They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way. Example is if you give $10k each to two individuals with rich and poor mindsets that loves new cars. In the next 10 years the one with a poor mindset will be broke, he'll lavish the money on items that can not increase his capital like the new car. The one with a rich mindset will invest the capital and from his ROI he'll buy his car and his capital will still be yielding more profits. That is how the rich thinks, it's about their mindsets. Title: Re: What are the rich thinking? Post by: tiCeR on September 28, 2024, 09:57:13 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? That's not quite how it is I suppose. The more zeros in their bank accounts put them into a position that allows them to play the long game, to play economic cycles without suffering from shortages at any point in time. When interest rates rise, they don't care because they have financial setups that allow them to turn higher interest rates into a net positive regardless of their lifestyle or investment intentions. If they don't mess up, they don't have to liquidate liquid or illiquid assets in order to overcome difficult financial times. They can buy when there is blood in the streets and they have more information than most other people as they have stronger networks and the smartest consultants in the world. They have power, influence and they can swallow losses without falling and having to stand up. They can play a billion lottery tickets without winning and are still well off. It's really more than that. If the rich bought 10,000 BTC 13-14 years ago, they never had to sell and could feel right about their decision. But if you were not rich and took a huge risk, could you hold onto your BTC when it went up 20 times? And then down again by 50%? The rich can, but most others can't. Title: Re: What are the rich thinking? Post by: lionheart78 on September 28, 2024, 10:03:24 PM So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Honestly, we cannot think for other whether they are rich or poor. Each individual has their unique view on things. In honesty, I can get from your context @OP that you are trying to think for these rich people, which I think is unfair for them. We can only express our thought precisely but expressing other thought could result in misunderstanding because we as a human has no ability to read minds. I can only speak for myself and express my own thoughts but if I try to tell what other people thinking, I might be wrong and these people could be misunderstood by others through me if I tried to tell what they are thinking so as much as possible I want to avoid things like that. Whether they are into holding, or amassing huge amounts of Bitcoin is up to theirs, I'll just focus on my own activities than wasting it on predicting what others think. Title: Re: What are the rich thinking? Post by: Akbarkoe on September 28, 2024, 10:55:25 PM The rich only think of how to multiply the little they have into thousands [...] One thing that is certain that is in the mind of the rich besides multiplying his money is to maintain his wealth, like that his thoughts, like Warren Buffet a few weeks back, he now not only wants to multiply his money but also maintains his wealth, this is evident from how he sells some of his shares yesterday After the US news has the potential to face a recession.10-stocks-warren-buffett-is-selling (https://www.fool.com/investing/2024/08/19/here-are-all-10-stocks-warren-buffett-is-selling/) Title: Re: What are the rich thinking? Post by: tiCeR on September 29, 2024, 03:10:09 PM The rich only think of how to multiply the little they have into thousands [...] One thing that is certain that is in the mind of the rich besides multiplying his money is to maintain his wealth, like that his thoughts, like Warren Buffet a few weeks back, he now not only wants to multiply his money but also maintains his wealth, this is evident from how he sells some of his shares yesterday After the US news has the potential to face a recession.10-stocks-warren-buffett-is-selling (https://www.fool.com/investing/2024/08/19/here-are-all-10-stocks-warren-buffett-is-selling/) It is easy to think that following Warren Buffet is the right thing to do, but you have to consider that his standing evolved into self-fulfilling prophecy. When he makes a call or announces a sale, the market moves sometimes because everyone knows that other will do the same. But part of reality is that he missed out on some of the most amazing stocks in the history of humanity. Mostly tech stocks because it's something he can't fully grasp obviously. Title: Re: What are the rich thinking? Post by: Haunebu on September 29, 2024, 03:19:23 PM It's far, far easier for the rich to HODL when compared to other classes primarily because they can stay patient comfortably for longer periods and can afford to lose a reasonable amount of money without any qualms.
On the other hand, the other classes focus on trying to multiply their funds asap which is why most of them lack the patience to HODL for the long-term. Another area where the rich are superior when compared to other classes. Title: Re: What are the rich thinking? Post by: uswa56 on September 29, 2024, 03:54:45 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Rich people only exist in our minds when we see everything they have ranging from luxury homes, expensive cars and all kinds they have that we do not have. Just like your neighbor who never realized that he was also considered a rich person because he was still working. Rich people only think how money keeps spinning every day without stopping and continues like that forever. Rich actually is in the mind. That is, they play their money in various ways and types, not only to save the money in an account that does not bring profit. If we can't have a luxurious house and also an expensive car, then we will be proud by owning all of it will be able to make us rich, but when we have all that it will become an ordinary thing and no longer a luxury for those who already have it, when other people see us continue to do work and also continue to collect money so that we can fulfill whatever we want, of course other people will think we are rich, Because it is very unlikely that those who are lazy in work will be able to fulfill whatever they want. You're right, those who can use their money well in terms of what benefits them, of course this will be very good, but for some people who only save their money in the bank, of course they have other plans with their money and if they can use the money to be able to bring profits, of course this will be better than their money being kept in the bank. Title: Re: What are the rich thinking? Post by: Oluwa-btc on September 29, 2024, 04:18:37 PM Do you ever thought to control the whole country? that's what the rich think. Middle class people didn't even understand about laws and regulations, while the rich already think what kind law and regulation they should propose in order to make their business gets bigger/survive and make them gets richer. You spoke like as if the average man mentality is quite different from the rich but mind you at most 85% of individuals basically from the middle class think like the rich and it's no big deal but the poor man would see thinking as stress to him because what he thinks is to make ends meet by providing the little he can for himself and his family but the rich think deeper, they think long term ideas that will be of profit later and they work towards it. And mind you there no individual that's not conversant with laws and regulations but so any think it's the rich that makes law and all that but rather everything is sponsored by government policies and demands. Title: Re: What are the rich thinking? Post by: Huppercase on September 29, 2024, 04:26:15 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? You should have said crypto rich people. I want you to know something about the rich people in crypto, there is opportunity, there is money and there is time, you need all of that to become crypto rich person and that's is not what all of us have in this space. A person who have money before crypto can make more because they have it and can willingly invest in it and with better opportunity when the price is down, they will buy more and get profit after some time. The average guy in crypto have the time and the opportunity but they don't have the money and can't invest like the rich people. Some of them will witness Bitcoin go from top to bottom and then go up again and it's not like they are happy about it but they don't have the money. Sometimes when they have the money, they don't have the power to hold as they sell when anytime they have small problems that comes there way. Title: Re: What are the rich thinking? Post by: Tamaj on September 29, 2024, 07:09:30 PM The rich always sketches plans of getting richer as days go by and by, investing in different businesses around the globe, relevant and irrelevant investments.
Being rich is fine by me but sometimes this people thinks giving helping hand to the needy will bring them down so they live in fear of being poor after all the hustle they might have gone through in life. In conclusion I will say that the rich leaves in fear, fear of anything fear able. Title: Re: What are the rich thinking? Post by: indah rezqi on September 29, 2024, 07:32:49 PM Do you ever thought to control the whole country? that's what the rich think. Middle class people didn't even understand about laws and regulations, while the rich already think what kind law and regulation they should propose in order to make their business gets bigger/survive and make them gets richer. You spoke like as if the average man mentality is quite different from the rich but mind you at most 85% of individuals basically from the middle class think like the rich and it's no big deal but the poor man would see thinking as stress to him because what he thinks is to make ends meet by providing the little he can for himself and his family but the rich think deeper, they think long term ideas that will be of profit later and they work towards it. And mind you there no individual that's not conversant with laws and regulations but so any think it's the rich that makes law and all that but rather everything is sponsored by government policies and demands. Title: Re: What are the rich thinking? Post by: GeorgeJohn on September 29, 2024, 09:58:56 PM Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, The best way to rate people who you're confused that they're not of status, is their investment, you might have low digit in your bank account but you have investments that worth billion dollars, and someone have a large variation of digit and you conclude that someone who has large number of digit is richer than the other that invest in different sectors...such measures is called eye service comparison, richness is measured by wealth I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually. No, don't say its dumb, because he need to be corrected when he or she has done a mistake, you knows what we here is to transmit knowledge from one person to another, brief op to understand that we need to understand the different between poor and rich, and using figures in bank account to equate them is totally unacceptable by me. But correct op with understandable tone.Title: Re: What are the rich thinking? Post by: Nanga Parbat on September 29, 2024, 10:47:45 PM The rich only think of how to multiply the little they have into thousands while the poor only think of how he can manage the little he has to get food to sustain him for the day. And we can't break their (the rich) head and start swimming inside before we know what's next they're thinking. We're all the same and the way we think can be the same but the way and manner we go about what we think is very different, and if we think the same way and handle all we are thinking the same way it all has to do with luck because we all can't be the same in every way. If everyone is rich, who's going to be the poor? Who will ask for help from the other? The world need to be balanced that why we have good and bad, left and right, up and down, rich and poor etc, everything comes in twos. Quite rightly, if everyone gets rich or everyone only works for self interest, the world order will be difficult to maintain. Each person has a fixed role that is necessary to run the society and for example if everyone is just a Airplane builder then where will the pilot come from. Similarly, each person has a fixed position which is separate from each other. Not only the builder of the airplane is important but also the one who flies it. If we all do the same kind of work who will do the rest of the necessary work. The system of the world is based on this difference and disagreement which leads humanity on the path of development. Title: Re: What are the rich thinking? Post by: philipma1957 on September 29, 2024, 10:49:26 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? If you are self made rich you usually want to be more rich. Fuck the middle class and stop them from getting richer. AND ABUSE THE POOR. Title: Re: What are the rich thinking? Post by: tottong on September 30, 2024, 05:06:50 AM In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Big moves are always chosen by rich people and they are more likely to dare to take risks so the chances of achieving financial success are much better. Ordinary people do not have the courage to take risks so it is difficult for them to grow. We don't need to talk about capital because it will make other people more pessimistic even though money is necessary if you want to get rich. But also remember that starting anything responsibly will result in a much higher percentage of success. Although we should not ignore the factors of knowledge, capital and so on. Quote What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Do something and make progress in ourselves so that slowly everything can be solved.Don't be afraid to take risks even though the chances of failure are much greater because if you do it with good knowledge and patience, you will definitely be successful. Title: Re: What are the rich thinking? Post by: pusaka on September 30, 2024, 01:00:19 PM In almost all countries, everyone who is on the list of rich people in their country or even the world, indirectly must be part of the government. Because it will give them many conveniences to run a business, maintain it, and protect it from various bad possibilities. In essence, rich people with the capital they have, are able to run their ideas and influence many decisions that will benefit their business. It must be admitted, the middle class actually also understands regulations or laws, but the connections they have are limited, besides they don't need them because they don't have or run a business. In the end, any business that is run, will be easier to develop if it is in accordance with the wishes of the government in the long term, because it will get support from them indirectly through the regulations that are set. You are right, most rich people will also play a role in government, although not directly, usually they have people they can trust in the government sector, and you are also right that it is part of their strategy so that their business can run well and without any interference. If necessary, every policy made by the government benefits them or benefits every business sector they run. Especially in my country, rich people usually have great influence and even government officials will respect them more than they respect their superiors. It's funny, but it really happens. They are smart but also cunning, but not all are like this, I think they are people who really care about themselves.Title: Re: What are the rich thinking? Post by: AprilioMP on September 30, 2024, 02:46:55 PM - If we can't have a luxurious house and also an expensive car, then we will be proud by owning all of it will be able to make us rich, but when we have all that it will become an ordinary thing and no longer a luxury for those who already have it, when other people see us continue to do work and also continue to collect money so that we can fulfill whatever we want, of course other people will think we are rich, Because it is very unlikely that those who are lazy in work will be able to fulfill whatever they want. I still think that real wealth lies in real thoughts and actions. We can see examples in real life. In the field of sports, athletes have done it. Public officials, artists also do a lot. Quote You're right, those who can use their money well in terms of what benefits them, of course this will be very good, but for some people who only save their money in the bank, of course they have other plans with their money and if they can use the money to be able to bring profits, of course this will be better than their money being kept in the bank. That's how it should be. Using money well in terms of anything that can be profitable because of the turnover that is done. Saving money in the bank is also done but I guess it's only for daily transactions if the stock of money in the pockets of the pants is no longer there. If rich people think far about the benefits that will be obtained, then saving money in the bank is not a desirable action. Instead of piling up in the bank, they prefer to invest in several assets. Title: Re: What are the rich thinking? Post by: uneng on September 30, 2024, 05:08:23 PM But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. I don't think so, because in order to accumulate so much money and to make it grow within time, a different mindset configuration is needed. Rich individuals can't maintain their financial status on long run by having the same mindset ordinary people commonly have.And when a rich has that kind of average mindset (heirs), he ends losing his patrimony or decreasing it considerably along his life. Management skills and an approach with focus on long term goals are needed. To be rich doesn't mean only to have money under your disposal, but also to respect money, so you can use it responsably in your favour. Title: Re: What are the rich thinking? Post by: bitzizzix on September 30, 2024, 06:05:23 PM Rich people and poor people have the same desire, which is to live longer in good condition, only the general conditions of both are very different but the goal remains the same. Rich people have a lot of money that can support them in anything including investing in assets whose value continues to increase over time, so that increasing wealth will support their survival in the long term and also in the future and also supported by the skills and intelligence they have. And poor people have limitations that prevent them from doing so, especially in terms of finances, and what they think about is how to get money to survive longer and in good condition. They may want to invest but they think it seems impossible because all they think about is getting money to be able to meet their needs.
Actually, if we discuss the differences between the two, we will find many differences in answering them but all are correct. Because what distinguishes rich people and poor people is the main factor, namely finances, mindset and also circumstances that make both of them contradict each other but the goal is the same, namely to survive longer and also in good condition. Title: Re: What are the rich thinking? Post by: Hyphen(-) on September 30, 2024, 06:27:35 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. I think rich people have the money to invest in, and they have already started living comfortably, so this is what you can’t compare to the poor. Some people also want to invest and have a good profit in return, but there is no mean to do that because if poverty exists while the rich already have the money, his mindset is already there, which is to make a profit out of the investment. Quote In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? We are all the same and also thinking the same thing, which is getting profit from the investment we have done, but you need to know that rich and poor there must be differences in their investment and also how to make money. The rich already have the money in bucks and can sacrifice any amount he wants, which the poor will find difficult to do. Title: Re: What are the rich thinking? Post by: coupable on September 30, 2024, 06:56:48 PM What do rich people think? Rich people always think about how to turn $10 into $20. Rich people usually dare to take risks and poor people want guarantees. In addition, rich people understand the principle of making money, they will see money as an opportunity to seek profit, not just something to be obtained. You are right if all the wealthy have their own businesses or are entrepreneurs. They do not represent a large percentage of the total number of wealthy people in the world because there are multiple sources of wealth and not every wealthy person is necessarily a business owner or investor. For example, there are wealthy people who gained their wealth by inheritance from one of their relatives and live the life of the wealthy without having to work, and also those who gained their wealth from fame, such as the new social media wealthy. All of these people live a consumerist life and all they think about is spending and not developing investments or improving their business conditions. I am speaking from a general objective point of view and there are certainly differences in each category of wealthy people, considering that not all wealthy people have the same circumstances and therefore will not have the same thinking.Title: Re: What are the rich thinking? Post by: itorai on October 01, 2024, 02:02:58 AM Rich people and poor people have the same desire, which is to live longer in good condition, only the general conditions of both are very different but the goal remains the same. Rich people have a lot of money that can support them in anything including investing in assets whose value continues to increase over time, so that increasing wealth will support their survival in the long term and also in the future and also supported by the skills and intelligence they have. And poor people have limitations that prevent them from doing so, especially in terms of finances, and what they think about is how to get money to survive longer and in good condition. They may want to invest but they think it seems impossible because all they think about is getting money to be able to meet their needs. Actually, if we discuss the differences between the two, we will find many differences in answering them but all are correct. Because what distinguishes rich people and poor people is the main factor, namely finances, mindset and also circumstances that make both of them contradict each other but the goal is the same, namely to survive longer and also in good condition. Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference. Title: Re: What are the rich thinking? Post by: dezoel on October 01, 2024, 05:51:23 AM I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving. If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives. They don't spend like people necessarily think that they do. That's true. A wise rich person would never overspend because they know the importance of the money they have because they have earned it with hard work and determination, even if it's someone who didn't work hard for the wealth they have and they have either inherited it or won it in a lottery or something, they will still know its importance if they have been to a lower place before so they would use their money wisely and not uselessly.Why do rich people always start new companies or make investments here and there? It's because they know this money will grow, and the money that they will spend on things will go wasted, so what they do is they secure their future first and then think of spending money on other things. If you get rich in the future, remember that your primary focus should be to find and do things that won't let you become poor. Title: Re: What are the rich thinking? Post by: Gallar on October 01, 2024, 06:13:27 AM ~Snip When it comes to mindset, I'm sure rich people have a different mindset from poor people. Because basically everything is clear, what makes rich people rich and what makes poor people stay poor is their mindset. Because as we know, rich people always think a thousand steps ahead of poor people. For example, in terms of technology, rich people who currently own large companies already know what we don't know. For example, before there were Android cellphones, of course most people didn't think there would be Android cellphones. But rich people whose cell phone companies are now very big are already thinking in that direction (Android phones). Simply put, that is the difference in the mindset of rich people and ordinary or poor people, when viewed from the business world. So the conclusion is that rich people always think critically (not all of them, but maybe the majority) in everything. That's why rich people are always able to be at a much higher level than ordinary/poor people. Apart from that, initially these rich people were able to get out of their comfort zone, in essence they dared to start their own business. In contrast to the poor or lower middle class, most of them do not dare to leave their safety zone (becoming workers). Therefore, the poor/lower middle class do not experience significant progress in financial terms. Because, they don't dare to take the risk of leaving their safe zone and creating an independent business. So the conclusion is that there are differences in the mindset of rich people and poor/middle class people. And of course in other things such as the investment sector, the mindset of rich people and poor people will definitely be different.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: Sebas.tian on October 01, 2024, 06:30:47 AM Quote from: itorai Quote from: bitzizzix Rich people and poor people have the same desire, which is to live longer in good condition, only the general conditions of both are very different but the goal remains the same. Rich people have a lot of money that can support them in anything including investing in assets whose value continues to increase over time, so that increasing wealth will support their survival in the long term and also in the future and also supported by the skills and intelligence they have. And poor people have limitations that prevent them from doing so, especially in terms of finances, and what they think about is how to get money to survive longer and in good condition. They may want to invest but they think it seems impossible because all they think about is getting money to be able to meet their needs. Actually, if we discuss the differences between the two, we will find many differences in answering them but all are correct. Because what distinguishes rich people and poor people is the main factor, namely finances, mindset and also circumstances that make both of them contradict each other but the goal is the same, namely to survive longer and also in good condition. Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference. They think differently in the community, which is the reason why they are not in the same position on earth, because it will be difficult for everybody to be rich in the world, because Rich people want to use what they have to improve their wealth while poor people feel like eating what they have now to remain where they are. Rich people don't spend their funds on investment they don't have idea, because they know that once they invest on investment they have idea in the community, it will multiply their funds when the investment started bring incomes. But poor people always see real investment as fake investment, because they don't have idea about the investment, because the funds that involve in that investment is very massive which it can change their minds to invest their funds on cheaper investment that is not real which is the mindset of poor people. Title: Re: What are the rich thinking? Post by: justdimin on October 01, 2024, 07:44:32 AM But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. I don't think so, because in order to accumulate so much money and to make it grow within time, a different mindset configuration is needed. Rich individuals can't maintain their financial status on long run by having the same mindset ordinary people commonly have.And when a rich has that kind of average mindset (heirs), he ends losing his patrimony or decreasing it considerably along his life. Management skills and an approach with focus on long term goals are needed. To be rich doesn't mean only to have money under your disposal, but also to respect money, so you can use it responsably in your favour. Even over half of the poor people would live better than these heirs who lose all their wealth, given enough chance. It's sad that people would lose that much money, mainly sad because these type of people do not lose their money to people who need it, they lose it to banks and loan sharks and all that, meanwhile their workers won't be even paid their salary because they bankrupt. Title: Re: What are the rich thinking? Post by: Mr.sprin on October 01, 2024, 09:01:38 AM Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference. Yes, that's right, bro, why are rich people when they plan something they just go straight ahead, because they have it easy in terms of capital, and they have high determination, if we poor people are stuck with capital, and when we have limited capital we have a lot to think about. , in terms of losses, our mental abilities have many aspects that we consider, if very rich people say they will go straight ahead without having to think at length, it is their determination and self-confidence that they hold firmly.Title: Re: What are the rich thinking? Post by: ultrloa on October 01, 2024, 09:46:44 AM I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving. If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives. They don't spend like people necessarily think that they do. That's true. A wise rich person would never overspend because they know the importance of the money they have because they have earned it with hard work and determination, even if it's someone who didn't work hard for the wealth they have and they have either inherited it or won it in a lottery or something, they will still know its importance if they have been to a lower place before so they would use their money wisely and not uselessly.Why do rich people always start new companies or make investments here and there? It's because they know this money will grow, and the money that they will spend on things will go wasted, so what they do is they secure their future first and then think of spending money on other things. If you get rich in the future, remember that your primary focus should be to find and do things that won't let you become poor. Over spending will cause lose of fortune to people and rich people usually don't do this thing since they have proper budgeting on how they spend their money. Became rich because they know how to handle their money and they don't buy those unnecessary things since what always came up in their mind is how they can find ways to generate more income. Rich always find good opportunities and this is how they build their wealth. Those mindset is actually I want to follow since overspending on things that we don't need is dream killer that's why people should realize that especially for those people who want to show up that they are wealthy even if they are struggling in life since their earning power is limited. But there are rich people commit mistake and commonly they are engage on wrong doing like became a womanizer or became a gambling addict which cause their economic state to collapsed. Title: Re: What are the rich thinking? Post by: barisbilgili on October 01, 2024, 10:17:21 AM Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference. Yes, that's right, bro, why are rich people when they plan something they just go straight ahead, because they have it easy in terms of capital, and they have high determination, if we poor people are stuck with capital, and when we have limited capital we have a lot to think about. , in terms of losses, our mental abilities have many aspects that we consider, if very rich people say they will go straight ahead without having to think at length, it is their determination and self-confidence that they hold firmly.Title: Re: What are the rich thinking? Post by: Minor Miner on October 01, 2024, 10:20:40 AM Over spending will cause lose of fortune to people and rich people usually don't do this thing since they have proper budgeting on how they spend their money. Became rich because they know how to handle their money and they don't buy those unnecessary things since what always came up in their mind is how they can find ways to generate more income. Rich always find good opportunities and this is how they build their wealth. Those mindset is actually I want to follow since overspending on things that we don't need is dream killer that's why people should realize that especially for those people who want to show up that they are wealthy even if they are struggling in life since their earning power is limited. But there are rich people commit mistake and commonly they are engage on wrong doing like became a womanizer or became a gambling addict which cause their economic state to collapsed. Planning to spend wisely is completely different from saving, what I see is that rich people are good at planning their spending, they are not saving. Only poor people save because they know that earning money is much harder for them. Most of your comments show that you guys understand how rich people think very well, but I still wonder. Why don't any of us get rich? We know all about what rich people think and do, but why can't we be one of them? There have been many comparison topics about rich and poor lately, and most of us praise and glorify the rich and criticize the poor, but ironically, none of us are rich :D ;D. Title: Re: What are the rich thinking? Post by: Rockstarguy on October 01, 2024, 02:59:43 PM Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference. Yes, that's right, bro, why are rich people when they plan something they just go straight ahead, because they have it easy in terms of capital, and they have high determination, if we poor people are stuck with capital, and when we have limited capital we have a lot to think about. , in terms of losses, our mental abilities have many aspects that we consider, if very rich people say they will go straight ahead without having to think at length, it is their determination and self-confidence that they hold firmly.Title: Re: What are the rich thinking? Post by: YUriy1991 on October 01, 2024, 03:40:27 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Maybe just briefly from me, how should we actually use it and if I'm not mistaken, we are required to be wise, meaning how do we understand to save our wealth for the future and facilitate our wealth for universal interests because the further we go, the smaller the world feels. Title: Re: What are the rich thinking? Post by: retreat on October 01, 2024, 03:57:08 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? We must be able to distinguish which rich people are the ones, because not all rich people have a good mindset, since there are rich people because of inheritance - these people are just lucky to be born into a rich family and they just continue what their parents or grandfathers have fought for. They may not have a good mindset, because what they do is just as simple as learning and running their parents' business. Even in some cases, most of them just waste money and don't really care about business - since what they do is just squeeze money from their parents' business without caring about the future of the business. So yeah, not all rich people have a good mindset, some are just trash who happen to be rich. Title: Re: What are the rich thinking? Post by: AYOBA on October 01, 2024, 05:01:41 PM Every rich men’s are thinking of how they can get more money, instead of them to be thinking on how they can able to help those that have nothing in life which are the poorly we all know that rich men’s are individual deference they said one yam spoiled the rest of not they not all the same; but they’re some rich men’s that are very weaked women beings they will never look for a way that will favor the poor men’s which some will even try to attack the poor by blocking their way of income.
That’s why there’s a far deference between poor and rich, because the rich people easily getting opportunities then The poorest in every thing, since they get many connections unlike the poor that they don’t get any connections; and that’s why even the rich men’s children are always ahead of the poor men’s in times of getting jobs or any other things. Title: Re: What are the rich thinking? Post by: doomloop on October 01, 2024, 07:04:33 PM I was always considering, that one of differences in mindset between poor and rich, is that first ones think how to spend, but second ones think how to earn. Which makes both parties think purchasing bitcoin, regretting for not buying when price as low, , both feel stressed when prices change, both are holding for individual reason (one hold to be able to buy something more expensive or spend more, other hold to be able to reinvest more). Like the OP said, they are like us but they only have more in their stash. Poor people thinks of earning money too because what will they eat and their family if they won't? In fact they can think more of it because they always have a limited amount.As for the rich, it can only be optional because they already have lots anyways. It was also the rich is the ones that will think hard if what they will buy with all of their money. Like I said earlier that poor has a limited amount, this makes them less prioritize investment. They have less stress in terms of investment. If a poor can invest, they will also think of re-investing again but there should be another goal after this. That should make investing to have a sense. Title: Re: What are the rich thinking? Post by: Fortify on October 01, 2024, 07:49:45 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? They are nothing like you, at least in the sense of what they do every day and the difference in stress levels. 99.99% of rich people will be running diversified portfolios, they may have gotten rich off crypto originally or their might be a tiny minority that solely use crypto, but the vast majority will have their assets secured across a wide range - bonds,cash, precious metals, stocks, property, etc. which will all provide a massive buffer. They will know and have experienced their portfolios dropping during a recession, but they also know it bounces back and they'll probably be richer. They can sleep a lot sounder for that reason, your crypto might keep you awake at night worrying but theirs doesn't. Title: Re: What are the rich thinking? Post by: Accardo on October 01, 2024, 07:50:05 PM I was always considering, that one of differences in mindset between poor and rich, is that first ones think how to spend, but second ones think how to earn. Which makes both parties think purchasing bitcoin, regretting for not buying when price as low, , both feel stressed when prices change, both are holding for individual reason (one hold to be able to buy something more expensive or spend more, other hold to be able to reinvest more). Like the OP said, they are like us but they only have more in their stash. Poor people thinks of earning money too because what will they eat and their family if they won't? In fact they can think more of it because they always have a limited amount.As for the rich, it can only be optional because they already have lots anyways. It was also the rich is the ones that will think hard if what they will buy with all of their money. Like I said earlier that poor has a limited amount, this makes them less prioritize investment. They have less stress in terms of investment. If a poor can invest, they will also think of re-investing again but there should be another goal after this. That should make investing to have a sense. The poor earn to save, while the rich learnt to spend and gain double or more. Additionally, fund raising is simple for the rich, they could finance projects with large loans. And generate enough money for themselves and financial institutes. Contrarily, the needy, work to feed, so it's inappropriate to invest money meant for upkeep. However, they're no different from the rich, aside the funds. for instance, broke workers most times have a financial turn around when they work closely with the elites. Lack of resources is the poor man's barrier to fortunes. Title: Re: What are the rich thinking? Post by: Aanuoluwatofunmi on October 01, 2024, 08:23:57 PM When you see a rich man, don't expect to have the same mentality as they have, because they are also after seeking for more opportunities on things that could make them get richer the more, they are always using their head thinking on something qualitative and lots are running on their minds which they can do to give out something for the people to use, this is one of the secrets of advanced technology and innovations, its all start with the right thinking minds, creative spirit and the desire to set a target and to be determined for the pursuit for excellence at all cost.
Title: Re: What are the rich thinking? Post by: RockBell on October 01, 2024, 08:58:53 PM We must be able to distinguish which rich people are the ones, because not all rich people have a good mindset, since there are rich people because of inheritance - these people are just lucky to be born into a rich family and they just continue what their parents or grandfathers have fought for. They may not have a good mindset, because what they do is just as simple as learning and running their parents' business. Even in some cases, most of them just waste money and don't really care about business - since what they do is just squeeze money from their parents' business without caring about the future of the business. So yeah, not all rich people have a good mindset, some are just trash who happen to be rich. And all the rich people I know have a projected type of mindset in the sense that, they will always want to Double their money and that is what I understand by mindset because every single plan will have to start from the mindset, you can say that not all of them are nice that is even understandable, and I don't blame them because this is about personality but naturally rich people are rude and they always like to maintain a particular type of habit for a particular reason. Maybe to make things difficult in term of access. And if it is about those once thay inherited wealth just very few of them have sense. And there is a lot of reason why people behave the way they do and their people that work for what they have so the wealth will be seen through their personality, I even think you are taking this thing to personal. Title: Re: What are the rich thinking? Post by: SmartCharpa on October 01, 2024, 10:30:13 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Can rich people think like poor people? No, the rich do not think like poor people since they are no longer suffering like the poor. The wealthy always consider how they could continue to expand their income, generating more money so that their grandchildren would not have to suffer as much to become wealthy as they had. The rich people, too, have challenges that annoy them, but the poor people can only think about buying expensive objects to look good and impress others when they make a small amount of money. However, when someone wealthy invests in Bitcoin, they are not as worried as the poor, because the ones who are not rich may be afraid of market prices or struggle to find money before they accumulate more, whereas the wealthy already have the funds to accumulate more, they do not have to consider where to get more funds to continue to gather more, the funds are currently on the ground; it is up to them whether or not to grow more for future use. They aren't different from the poor, but a lack of money differentiates us. Title: Re: What are the rich thinking? Post by: STT on October 01, 2024, 11:49:17 PM The majority of the rich will be mystified by Bitcoin most likely which is why the possibility of BTC being traded in funds is probably quite a big deal. It enables all kinds of secondary parties to hold BTC via a ETF or other position and represent it in an investment portfolio more easily.
I still think the strength and backbone to BTC is the smallest broadest market participants which is the common people and they must find Bitcoin useful for it truly to be a success. The rich will invest in any asset that performs well over years which has certainly been true of Bitcoin. Title: Re: What are the rich thinking? Post by: Yucky on October 02, 2024, 05:30:15 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Can rich people think like poor people? No, the rich do not think like poor people since they are no longer suffering like the poor. The wealthy always consider how they could continue to expand their income, generating more money so that their grandchildren would not have to suffer as much to become wealthy as they had. The rich people, too, have challenges that annoy them, but the poor people can only think about buying expensive objects to look good and impress others when they make a small amount of money. It's obvious that a poor person and a rich person cannot be thinking the same. When a poor person invests they will be so tensed when the market goes up or when things go down. But a rich person will invest comfortably, and if the market dips, it's not going to get them as much like it will to a poor person. Because a rich person has other investments to hold themselves. So, the question is, what was the rich thinking when they were not rich that made them rich? How did they do it? So that poor people that are willing to give it a try, can follow suit and succeed too. You have to be rich to understand how they rich think and their thought-process even if you understand it, if you don't have the resources, you can't practice it like them. So, what were they thinking before they became rich? What were they thinking that helped them become rich? We should ask these questions first. Title: Re: What are the rich thinking? Post by: DeathAngel on October 02, 2024, 09:13:45 AM Rich people often have a different mindset compared to average people. They tend to focus on opportunities, embrace risk & prioritise long term goals over immediate gratification. This mindset includes a strong belief in self efficacy, learning from failures & an emphasis on networking & strategic thinking.
Title: Re: What are the rich thinking? Post by: Oluwa-btc on October 05, 2024, 03:35:33 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? This is very interesting topic for debate and discussion. Rich thinking is opposite of poverty mindset, which focuses more on scarcity, immediate gratification and fear of losses when making investment in risky assets. In contrast, rich thinking is proactive, emphasizes on long term growth, and involves taking calculated risks. The history of successful entrepreneurs demonstrates that they were bold in making decisions without thinking about fear of failure. In my opinions fear of failure the main obstacle to achieving success. They're bound to thinking outside the box, that's why they get richer than others.They strongly believe in learning, relearning and unlearning the factors that differentiates them or hinders them from attaining great success.They see opportunities they utilize them and fail to be oppressed by limitations Title: Re: What are the rich thinking? Post by: l99l on October 05, 2024, 04:14:32 PM There are many reasons why rich people are rich, I think one of the biggest factors is social skills and at the same time being ambitious, disciplined people.
I don't think a person can get rich out of nowhere by luck, but how long can they maintain this wealth that we are talking about? Title: Re: What are the rich thinking? Post by: Mahanton on October 05, 2024, 04:34:38 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? This is very interesting topic for debate and discussion. Rich thinking is opposite of poverty mindset, which focuses more on scarcity, immediate gratification and fear of losses when making investment in risky assets. In contrast, rich thinking is proactive, emphasizes on long term growth, and involves taking calculated risks. The history of successful entrepreneurs demonstrates that they were bold in making decisions without thinking about fear of failure. In my opinions fear of failure the main obstacle to achieving success. They're bound to thinking outside the box, that's why they get richer than others.They strongly believe in learning, relearning and unlearning the factors that differentiates them or hinders them from attaining great success.They see opportunities they utilize them and fail to be oppressed by limitations which is because of via hard work and perseverance then its automatically shows up that you are already having those kind of behavior or qualities of someone who do really knows on how to deal up with things accordingly. Experience is the best teacher and these people have already that been into those tons of fails and errors on which this is really just that being part of the process. People who are really that thinking about on getting rich but havent any done some hard work is really just that good as an empty shell. Diversification will really be that the main reason on why rich people do becomes even more richer and since they do know on what or on how this business works then they will really be having that advantage. Poor people could really be able to achieve such potential on becoming rich if they would really be that working hard and making up some wise decisions. Also, this could really be obtained through investing and having a business on which it is really the toughest challenge for someone. Also, it does mixed out some a little bit luck on achieving success because there are really those people who do work hard but still ending up on havent been able to achieved on what they do want to achieved on. Title: Re: What are the rich thinking? Post by: Jody.Drummer on October 05, 2024, 05:18:35 PM Rich people often have a different mindset compared to average people. They tend to focus on opportunities, embrace risk & prioritise long term goals over immediate gratification. This mindset includes a strong belief in self efficacy, learning from failures & an emphasis on networking & strategic thinking. I will add one thing, they will dare to take a very big risk to start something and they will not even hesitate to guarantee the assets they have to get additional capital for something they will build. Some people do dare to take risks, but they are only brave based on the capital they have, while rich people are usually crazier than that, as I said they will dare to guarantee their assets. Even after failing and going bankrupt, they will do the same thing again with the same business. Yes, they can learn faster from the mistakes that made them fail, and they will take the same risk again to rebuild the failed business.Title: Re: What are the rich thinking? Post by: uswa56 on October 05, 2024, 05:45:56 PM There are many reasons why rich people are rich, I think one of the biggest factors is social skills and at the same time being ambitious, disciplined people. I don't think a person can get rich out of nowhere by luck, but how long can they maintain this wealth that we are talking about? The skills possessed by a person will indeed be able to make it easier for someone to become rich, moreover, the skills they master have not been mastered by many and a lot is needed, of course, it will be easy for them to accumulate wealth, for some people who have social skills, of course, it will be easy for them to build a working relationship and find a relationship and when they build a business, of course, they will be able to decide something right which is profitable for their business. When someone can become rich because of the luck factor, I think it is difficult to survive compared to those who have gone through various processes so that they become rich, because without a struggle to get it is very difficult for a person to be able to appreciate what they have earned so that they often return to being poor because they do things that they do not deserve Title: Re: What are the rich thinking? Post by: uchegod-21 on October 05, 2024, 06:51:11 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. How sure are you that the rich is buying bitcoin, do they even care if bitcoin exists or not. I do believe that bitcoin is more for the poor than the rich. The rich who has multimillion companies around the world turning over thousands and millions of dollars daily don't actually care if your bitcoin exists. It is the average guys like us or the poor guys that keep buying and stocking the portfolio, waiting for the miracle days of bull run.In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? The rich people put their money in businesses that returns are so sure and not volatile or speculative. They have the mindset of multiplication and not buying and waiting for bull run. Title: Re: What are the rich thinking? Post by: junder on October 05, 2024, 07:56:51 PM The rich has a growth mindset;they mentality,education,approach and decisions of the rich tends to vary by far compared to the counterpart.They seem to utilize every opportunity that they have or come across in other to yield something bigger and better.The understand when to leverage upon every set goal and chances. I agree with that, it is likely that rich people have a growing mindset as they think about their future by making the best use of their time so that no time or opportunities or even chances are wasted. In addition, I think rich people have clear principles as well as goals that they must achieve and they can be consistent and have a strong determination in the process of achieving what they want, of course not everyone has this, only certain people have it. In addition, with those who already have assets, they will most likely have the mind to turn them over so that they will still have enough income, because it is impossible when someone is at the point of wealth, they will stop and enjoy it until it runs out, this may happen but I think this only happens to those who do not have a growing mindset.They're bound to thinking outside the box, that's why they get richer than others.They strongly believe in learning, relearning and unlearning the factors that differentiates them or hinders them from attaining great success.They see opportunities they utilize them and fail to be oppressed by limitations Title: Re: What are the rich thinking? Post by: Smartprofit on October 05, 2024, 08:55:43 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? I think rich people are more concerned about preserving their wealth than we are. No one wants to be in a situation where you have a huge capital, but every year it depreciates and you become poorer. Poor people strive to make money. Rich people are more concerned about preserving their money. Also, rich people probably think a lot about how to pass on their capital to their heirs (and some of these rich people decide not to leave anything to their children, so as not to spoil them and not to deprive them of the motivation to do business on their own). Also, wealth allows you to focus on acquiring power. A poor person does not have a serious opportunity to influence political decisions in the country. For a rich person, gaining power is a very serious challenge. Title: Re: What are the rich thinking? Post by: Egii Nna on October 05, 2024, 09:23:32 PM I don't think a person can get rich out of nowhere by luck, but how long can they maintain this wealth that we are talking about? They are people that became rich after wining a jackpot of some millions dollars, although I know about two people with one of them are still each up till date, but the other one is now a road cleaner because he misused his opportunity and you can still say that they got their wealth base on luck, since it is gambling. The only that I will take as a fact is mostly those that get wealth base on luck always find it hard to maintain it, because they have never expected themselves to get such amount in their lifetime. For instance, there is a your scammer that has gone viral on all the social media, he is called “Melone” he scam $230 million, and he just don’t know how to go about the mone, but ended up lavishing it in cars, party, and clubs. Is not that am supporting scam but am just trying to explain if for instance that young scammer dis something tangible to sustain a living, and in some years return back the money he scam then he would have changed his life. But the reason why he use the money anyhow was because it was not his hard earn money and know he will definitely face the penalty of what he did. Title: Re: What are the rich thinking? Post by: Miles2006 on October 06, 2024, 12:02:02 AM I sincerely don’t get a clear meaning about this post, the rich individuals will always create an easy move to acquire more wealth whereby it’s more easy compared to the common man. They’re just like everyone who tries to gain more wealth because there’s nothing like a satisfied wealth, if anyone should focus on bitcoin investment gradually either rich or poor it’s still beneficial because it’ll definitely pay some day. From my observation a wealthy man always create more access to wealth besides they’ve gotten what it takes to make moves etc meanwhile there’s nothing like “poor” anyone who can afford his/her daily needs while investing or creating a business can be considered as a rich person, the society always focus more on people who spend expensive and attach the name wealth just like op but it’s so wrong. Continuous investment is profitable for anyone investing that’s why the dca strategy is meant for everyone.
Title: Re: What are the rich thinking? Post by: dansus021 on October 06, 2024, 03:01:59 AM I dont know What are the rich thinking hahah since Im not rich right now what I do if Im rich I'm just diversify my portfolio and create more zero in my bank account there is a wise man said that it is hard to get your fist million but after that it would be much easier.
Tho Im totally agree with that statement because If I can make million dollar then I would easy to get another million because I already know they way and beside that you put your money into bank account the bank give you interest. You put your money to stock than it can give you dividend Title: Re: What are the rich thinking? Post by: l99l on October 06, 2024, 03:46:29 PM I don't think a person can get rich out of nowhere by luck, but how long can they maintain this wealth that we are talking about? They are people that became rich after wining a jackpot of some millions dollars, although I know about two people with one of them are still each up till date, but the other one is now a road cleaner because he misused his opportunity and you can still say that they got their wealth base on luck, since it is gambling. The only that I will take as a fact is mostly those that get wealth base on luck always find it hard to maintain it, because they have never expected themselves to get such amount in their lifetime. For instance, there is a your scammer that has gone viral on all the social media, he is called “Melone” he scam $230 million, and he just don’t know how to go about the mone, but ended up lavishing it in cars, party, and clubs. Is not that am supporting scam but am just trying to explain if for instance that young scammer dis something tangible to sustain a living, and in some years return back the money he scam then he would have changed his life. But the reason why he use the money anyhow was because it was not his hard earn money and know he will definitely face the penalty of what he did. Easy earnings are easily spent, hard earnings are different, you are more careful while spending your effort, you spend accordingly. We always see stories of people who make easy money, usually people experience great drama and fall in the end. A person who wins a jackpot will probably spend and try a lot again to experience that feeling and may not be so lucky next time. Title: Re: What are the rich thinking? Post by: Fortify on October 06, 2024, 04:15:17 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Well you're right, they are human and with nicer toys than you, but that seems to be the extent of your analysis. Of course they are trying to earn extra cash and hold on to what they've already got, that would be a natural feeling in most people. They probably have many fewer struggles in life or situations that are outside of their control. If you are broke, you might have to make a decision between food on the table or turning the heating on, as you only have enough money for one of them. That problem is less likely to exist when you are much more comfortable financially and it can lower your stress levels considerably, which might keep you healthier too. Title: Re: What are the rich thinking? Post by: Silberman on October 06, 2024, 08:25:38 PM That's what I wanted to say, you explained it very well with examples. Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what.Easy earnings are easily spent, hard earnings are different, you are more careful while spending your effort, you spend accordingly. We always see stories of people who make easy money, usually people experience great drama and fall in the end. A person who wins a jackpot will probably spend and try a lot again to experience that feeling and may not be so lucky next time. Title: Re: What are the rich thinking? Post by: N.O on October 07, 2024, 07:10:26 PM That's what I wanted to say, you explained it very well with examples. Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what.Easy earnings are easily spent, hard earnings are different, you are more careful while spending your effort, you spend accordingly. We always see stories of people who make easy money, usually people experience great drama and fall in the end. A person who wins a jackpot will probably spend and try a lot again to experience that feeling and may not be so lucky next time. Title: Re: What are the rich thinking? Post by: Gentle_Soul on October 08, 2024, 10:44:25 PM I think this post will probably fit in bitcoin discussion since that's what you emphasize on. Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually. They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way. In my opinion I think a man is a product of his mind whatever you think and meditate over at all times has a way of affecting your life, your lifestyle and your approach to life. The rich and the poor both can be good thinkers but the difference is the richness of what you are thinking How much of knowledge you have determines your output to the society as such it's what you give out to the society that comes back to you as what you make out of your life entirely ... What makes you rich is how much of impact what comes out of your thinking process is able to make in the society in my opinion though.... Title: Re: What are the rich thinking? Post by: passwordnow on October 09, 2024, 04:18:56 PM Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what. This what others don't get it. While it is not surprising that the classification and description of rich to people is about having a lot of money. But you ask the rich people and they will tell you that they have a different perspective about life and they'll tell another meaning of being rich. So with that, it's true that being rich is about the state of mind of whom is being asked. The rich people who have obtained success already can pretty say something new that's not about riches because it's convenient for them already to have a good life with their riches. While the ones that are on their way to success, they'll easily say and mention that being rich is about having a lot of money and continuous source of income.Title: Re: What are the rich thinking? Post by: uswa56 on October 10, 2024, 05:59:46 PM Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what. I agree with you . Rich people are rich from their mind. We heard for many times when athletes got prize of billion dollars and after 1 or 2 years they became bankrupt because have no knowledge about how to invest. Investment is basic part of our lives and we should read books on investment in many things. Poor people don't know the type of investment,they only consider investment associated with the money but in reality invest is of three types and every person invest his energy, time and money in anything. One should utilize time for the getting knowledge and he should invest money on his future plan and he should learn from his mistakes and he should invest his money in the things on which he has good knowledge and he has some experience of that.A person's lack of understanding in managing money will of course spend more of their money on their lifestyle and also they will never think about investing with the money they have, learning about investment is of course very important and true as you said, poor people certainly do not think about investment, especially the income they have is only enough to meet their needs and there are even some poor people who have not been able to meet their daily needs well. Taking the time to gain knowledge about investing is of course very important so that they can run their investments well because if someone runs an investment without knowledge, of course they will fail in running their investments well, learning from failures will be able to make it better when they try again and will also be careful in deciding something. Title: Re: What are the rich thinking? Post by: doomloop on October 10, 2024, 07:03:00 PM In my opinion I think a man is a product of his mind whatever you think and meditate over at all times has a way of affecting your life, your lifestyle and your approach to life. The rich and the poor both can be good thinkers but the difference is the richness of what you are thinking I somewhat agree with what you say. The output of someone's life largely depends on their thought process and mindset and what they think of doing in their lives with whatever resources they have. Someone with a poor mindset would think of doing small things even if they have the availability of enough resources that they can use to do something bigger but because their thought process and mindset are limited, they can't think of doing things going out of the box.How much of knowledge you have determines your output to the society as such it's what you give out to the society that comes back to you as what you make out of your life entirely ... What makes you rich is how much of impact what comes out of your thinking process is able to make in the society in my opinion though.... On the other hand, someone with a rich person's mindset would think of doing something different, something unique, and something that they believe can generate more value for them even if they don't have enough resources for it. Now out of these two people, the second one will surely succeed in life at some point because they won't stop trying to achieve something big, while the other one will end up being contented with whatever they could make for themselves. Title: Re: What are the rich thinking? Post by: Webetcoins on October 22, 2024, 11:42:10 AM In my opinion I think a man is a product of his mind whatever you think and meditate over at all times has a way of affecting your life, your lifestyle and your approach to life. The rich and the poor both can be good thinkers but the difference is the richness of what you are thinking Some people think with how they can turn the thought into money, while theo ther think how they can achieve it. We could have a person who can code a lot better than another person, but the other person who codes badly could think about turning that into profit more and they would be richer than the better coder. Just an idea isn't a bad idea, sometimes you could have the greatest idea but if you do not consider money part of this deal then you are not going to end up with a great return neither.How much of knowledge you have determines your output to the society as such it's what you give out to the society that comes back to you as what you make out of your life entirely ... What makes you rich is how much of impact what comes out of your thinking process is able to make in the society in my opinion though.... This should be the main source of income for people, you need to try to figure out how to get better and eventually you will get better. What I need right now is trying to think in money perspective but I don't, this should not be mistake any of you do. Or, if you are happy with just getting better and having fun without getting the max money you can get, you wouldn't be usually upset neither, because life is great when you have a great hobby as well, you just have fun with it, as long as you have a job and make some money, then working hours on something else isn't bad if you are just having fun. I try to put some time on my hobbies and have great fun with them as well, totally enjoyable. Title: Re: What are the rich thinking? Post by: YOSHIE on October 22, 2024, 02:48:42 PM What are the rich thinking? Most rich people are afraid of their own shadow, they believe more in reality than illusion, few rich people think about crypto, if it even exists, most of them don't believe in crypto assets, it's riskier for them, their economy gets more from physical objects than HODL, crypto is not their main target, for us ordinary people who always chase crypto in general.The economy of rich people is not developing much in the crypto market, they prefer other alternatives in the real world, the logic of crypto rising is based on demand, the proof is not there, if it rises only 1% or 2%, maybe if rich people think crypto assets hold for them maybe we will see crypto prices soar high, it could be said that currently only ordinary people are playing crypto, not rich people. Title: Re: What are the rich thinking? Post by: Audioscribe on October 22, 2024, 02:50:56 PM The rich often think long-term, focusing on investments that ensure sustained growth. They value time highly, outsourcing tasks to maximize productivity. Calculated risk-taking and seizing opportunities are key mindsets, alongside a strong emphasis on networking and building relationships. Wealthy individuals typically diversify their income streams and seek to optimize taxes. Many also consider their legacy, aiming to make a lasting impact through business, innovation, or philanthropy. Continuous learning and personal growth are central to their mindset.
Title: Re: What are the rich thinking? Post by: Marykeller on October 22, 2024, 03:28:33 PM The rich think of expanding their wealth base; they think of taking risks and learning from their mistakes, not living by them in case they fail in their business, they are ready to pick themselves up and try over again without quitting, but being strategic on their target goals.
What I mentioned above, are part of the qualities I like about the rich. They see the positive side of every given situation they face by not giving up on it early. Not to mention, they have a good network of friends they share ideas and opinions with, they have a big picture thinking of every business they have, and they have long-term investment plans, not short-term investment plans like some of the poor people who want to be rich in a hurry without being patient and strategic in financial dealings Title: Re: What are the rich thinking? Post by: Jaycoinz on October 22, 2024, 04:43:57 PM Being rich isn't only about what you have in your bank account it's also a thing of the mind, there are lots of people with millions in their bank account but they don't have a productive mind and as a result of this after a few months or years they fall to a Rock bottom level. People who are rich think about building generational wealth, don't don't think about temporary satisfactions, they think about increasing their connections and networking, investments and so on. Someone who is in possession of wealth that doesn't have this mindset only thinks about buying flashy things.
Title: Re: What are the rich thinking? Post by: Su-asa on October 22, 2024, 05:15:20 PM Wealth isn't all about the measure of what you have staked up in your account or assets you have, it's also a state of mind. You need to understand that rich people are wise, they think of ways to continually increase what they have. Money has a way of expanding your thinking, these people constantly think of ways to increase their wealth. People like mark Zuckerberg, Jeff bezos and elon musk, these are wealthy people that constantly embark of projects to increase their wealth, they would rather multiply what they have instead of thinking about attaining flashy things only.
Title: Re: What are the rich thinking? Post by: Mahanton on October 22, 2024, 06:59:12 PM In my opinion I think a man is a product of his mind whatever you think and meditate over at all times has a way of affecting your life, your lifestyle and your approach to life. The rich and the poor both can be good thinkers but the difference is the richness of what you are thinking I somewhat agree with what you say. The output of someone's life largely depends on their thought process and mindset and what they think of doing in their lives with whatever resources they have. Someone with a poor mindset would think of doing small things even if they have the availability of enough resources that they can use to do something bigger but because their thought process and mindset are limited, they can't think of doing things going out of the box.How much of knowledge you have determines your output to the society as such it's what you give out to the society that comes back to you as what you make out of your life entirely ... What makes you rich is how much of impact what comes out of your thinking process is able to make in the society in my opinion though.... On the other hand, someone with a rich person's mindset would think of doing something different, something unique, and something that they believe can generate more value for them even if they don't have enough resources for it. Now out of these two people, the second one will surely succeed in life at some point because they won't stop trying to achieve something big, while the other one will end up being contented with whatever they could make for themselves. You wont really be able to have such progress into your life if you do find yourself being that too lazy or wont really be that acting or deal up with any of it. Rich people will really be not stopping on trying out to deal up with something on which they do know that it could expand out their business or investment on which they do know that this could really be able to sustain themselves on long term. As these rich people becomes even more richer, there are people who do remain poor because of having no taking of actions. This is why your life would really be that totally be basing up on how you would really be able to deal up with things accordingly on which neither you would really be taking up actions or not. It will really be just that basing up on this one. Title: Re: What are the rich thinking? Post by: Fortify on October 22, 2024, 07:16:51 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Rich people who had to earn their money, as opposed to people who got lucky on something like the lottery or inherited it, will often have a different thought process to the average person out there. This is not to say they are better or worse people, but rather that they have learned the true value of money and to use it wisely. I have seen countless times, usually with younger generations and most of us have made these mistakes growing up, vast sums of money wasted on unimportant things like having the latest phone or the flashiest car - but way beyond the reasonable means of the people to buy it. The same goes for getting 5 takeaways delivered each week, these can cost vast sums over a year and a life time, even ignoring how unhealthy they are likely to be for you. Title: Re: What are the rich thinking? Post by: viljy on October 23, 2024, 08:50:28 AM In the end, they’re human too—just with fancier toys. This is a misconception. There is a big difference in literally everything. By rich, I mean the 0.1% of people who own 50% of the world's wealth. For example, laws are made for the poor, the rich do not obey the laws. The rich believe that everything in the world and the world itself belongs to them. And they are annoyed by the large number of people who breathe their air and pollute their world with their presence. Therefore, epidemics arise from viruses grown in laboratories (covid), wars, a reduction in the birth rate is promoted, etc. It would not be a big exaggeration to say that the super-rich are the enemies of humanity... Jesus said: "You are of your father the devil, and your will is to do your father's desires." (John 8:44) Title: Re: What are the rich thinking? Post by: jaberwock on October 23, 2024, 07:22:54 PM Some people think with how they can turn the thought into money, while theo ther think how they can achieve it. We could have a person who can code a lot better than another person, but the other person who codes badly could think about turning that into profit more and they would be richer than the better coder. Just an idea isn't a bad idea, sometimes you could have the greatest idea but if you do not consider money part of this deal then you are not going to end up with a great return neither. This is the way to go. Marketing is a great thing and if you can do marketing for your product or your services better than the next person then you are going to make more money. Rich people think about one thing; how to get the most money out of what they are doing, doesn't matter what they are doing, they always think about more money and usually the way out of that is high marketing levels. If you do great marketing for anything, then you are going to make more money from it as well.This should be the main source of income for people, you need to try to figure out how to get better and eventually you will get better. What I need right now is trying to think in money perspective but I don't, this should not be mistake any of you do. Or, if you are happy with just getting better and having fun without getting the max money you can get, you wouldn't be usually upset neither, because life is great when you have a great hobby as well, you just have fun with it, as long as you have a job and make some money, then working hours on something else isn't bad if you are just having fun. I try to put some time on my hobbies and have great fun with them as well, totally enjoyable. I believe that is the most important competent of anything, if you do well enough of it, then you can make the most amount of money as well and should be making a good income as well. I believe this is going to be something nice for everyone who knows what they want out of life. Find the thing you love to do, and learn to be great at marketing that, not even just the skill but literally be able to do marketing for it greatly, that way you can make money from what you love. Title: Re: What are the rich thinking? Post by: mindrust on October 23, 2024, 07:48:12 PM Wealth isn't all about the measure of what you have staked up in your account or assets you have, it's also a state of mind. You need to understand that rich people are wise, they think of ways to continually increase what they have. Money has a way of expanding your thinking, these people constantly think of ways to increase their wealth. People like mark Zuckerberg, Jeff bezos and elon musk, these are wealthy people that constantly embark of projects to increase their wealth, they would rather multiply what they have instead of thinking about attaining flashy things only. Not all rich people are wise though. There are many rich people which are evil as fuck, unwise, childish but definitively not stupid. Wise or unwise, evil or not, they all have one thing in common: they are all selfish and they have to be. Being selfish is the first requirement of getting rich. If you share all your stuff and money with your friends, soon you will end up with nothing. The more stuff you keep for yourself, the richer you will get in the long run. Suckerberg is not an angel too. He is an evil government tool. Bezos is kind of neutral. Elon is a good guy as far as see. Title: Re: What are the rich thinking? Post by: MRY on October 23, 2024, 11:57:56 PM Wealth isn't all about the measure of what you have staked up in your account or assets you have, it's also a state of mind. You need to understand that rich people are wise, they think of ways to continually increase what they have. Money has a way of expanding your thinking, these people constantly think of ways to increase their wealth. People like mark Zuckerberg, Jeff bezos and elon musk, these are wealthy people that constantly embark of projects to increase their wealth, they would rather multiply what they have instead of thinking about attaining flashy things only. Not all rich people are wise though. There are many rich people which are evil as fuck, unwise, childish but definitively not stupid. Wise or unwise, evil or not, they all have one thing in common: they are all selfish and they have to be. Being selfish is the first requirement of getting rich. If you share all your stuff and money with your friends, soon you will end up with nothing. The more stuff you keep for yourself, the richer you will get in the long run. Suckerberg is not an angel too. He is an evil government tool. Bezos is kind of neutral. Elon is a good guy as far as see. Moreover, the characters into which the big figures familiar to us, like Elon Musk, Jeff Bezos or Mark Zuckerberg, turn in different views. Still somehow they proved that the possession of wealth and success does not entail perfect moral character. An amazing fact is that some use the critiques and comments section more often and are more likely to accept negative feedback than are more neutral or positive on the whole. What remains unambiguous however is that there are one or two attributes that define entrepreneurial success and it is not quite a cut and dry black and white situation. The two main concepts of wealth and success imply that one needs to bear immense pressures and pay close attention to details to thrive of cut throat environment. Title: Re: What are the rich thinking? Post by: junder on October 24, 2024, 03:11:19 AM I dont know What are the rich thinking hahah since Im not rich right now what I do if Im rich I'm just diversify my portfolio and create more zero in my bank account there is a wise man said that it is hard to get your fist million but after that it would be much easier. There are two possibilities that rich people think about, but we ourselves will not be able to guess for sure but we can judge it ourselves when we have rich neighbors. First with those who are selfish, selfish rich people tend to only think about themselves by being reluctant to spend money on things that they think are not important, unlike wise rich people because wise rich people in my opinion they might think about others in other words do not have a selfish attitude.Tho Im totally agree with that statement because If I can make million dollar then I would easy to get another million because I already know they way and beside that you put your money into bank account the bank give you interest. You put your money to stock than it can give you dividend I myself, if I have achieved wealth, then what I will do is act naturally and others will think about how the funds I have can last a long time, namely by rotating them, either by investing or starting a business, but I myself prefer to start a business because that is something I often think about when I am tired of working for other people. Title: Re: What are the rich thinking? Post by: Oluwa-btc on October 27, 2024, 03:06:33 PM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Mmm I see from your end and perspective but it shouldn't be as if all what the middle class think or the poor it's totally different from what the rich thinks, and let me give you a hint if you think that it's just the rich that are hardworking, ambitious and have good skills your entirely wrong and to prove that I'll say to you that you can find the poor man very hardworking and skillful too but the problem we have and thinking the rich ain't same as the poor is that through favouritism and connections they find themselves where they are. Title: Re: What are the rich thinking? Post by: Swordsoffreedom on October 27, 2024, 03:36:11 PM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Mmm I see from your end and perspective but it shouldn't be as if all what the middle class think or the poor it's totally different from what the rich thinks, and let me give you a hint if you think that it's just the rich that are hardworking, ambitious and have good skills your entirely wrong and to prove that I'll say to you that you can find the poor man very hardworking and skillful too but the problem we have and thinking the rich ain't same as the poor is that through favouritism and connections they find themselves where they are. I don't agree with that statement either, it seems more like favoritism, flattery. Not all rich people are hard working, ambitious and have better skills and not all poor people are lazy, dreamless and have no skills. There are many people who get rich through luck such as winning the lottery, inheritance...and there are also many rich people who only know how to have fun, even causing many social evils. Meanwhile, there are still many poor people working hard every day to improve their lives. Many poor people are not lazy but by fate, they are born into poor families, live in countries with inflation and frequent war...No matter how good you are, if you fall into that difficult and harsh situation, I don't think you can escape poverty easily. So don't criticize the poor and flatter the rich. Rich or poor, we are all human and we all think differently, no two are alike. If we want to know what rich people think, let's become rich and we will know. Don't speculate and make baseless judgments to praise the rich and speak ill of the poor. Title: Re: What are the rich thinking? Post by: MrEazyLife on October 27, 2024, 04:02:51 PM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? This post has drawn my mind back to a family who’s wife and kid creates content on instagram and YouTube. Mhen when we talk of weather people, this family will definitely be mentioned. But then ever since I’ve been watching this family create contents which almost all of their content is basically from home. It’s more about their lifestyle and their way of living. Never have I seen the man whom happens to be the head of the family and has given this family this kind of lifestyle to boost of. Now so many things came to my mind. What exactly is this man doing that for one’s doesn’t appear in any of their content. Could he be that busy or is it that he’s hiding identity, maybe could be a shy person or maybe chooses not to be flaunted on social media. Then I just concluded that man is busy making sure the zeros in his account keeps multiplying to ensure his family maintains that lifestyle they’re living. The rich at every given opportunity thinks of how to grow the zeros in their accounts. Beside nobody ever gets satisfied of making more money Title: Re: What are the rich thinking? Post by: Zanab247 on October 29, 2024, 03:30:16 PM Wealth isn't all about the measure of what you have staked up in your account or assets you have, it's also a state of mind. You need to understand that rich people are wise, they think of ways to continually increase what they have. Money has a way of expanding your thinking, these people constantly think of ways to increase their wealth. People like mark Zuckerberg, Jeff bezos and elon musk, these are wealthy people that constantly embark of projects to increase their wealth, they would rather multiply what they have instead of thinking about attaining flashy things only. Not all rich people are wise though. There are many rich people which are evil as fuck, unwise, childish but definitively not stupid. Wise or unwise, evil or not, they all have one thing in common: they are all selfish and they have to be. Being selfish is the first requirement of getting rich. If you share all your stuff and money with your friends, soon you will end up with nothing. The more stuff you keep for yourself, the richer you will get in the long run. Suckerberg is not an angel too. He is an evil government tool. Bezos is kind of neutral. Elon is a good guy as far as see. Yes, Elon musk is a good guy, but he don't spend his money anyhow like the way some poor people are spending their money on somethings that will not add value to their wealth, Elon musk value cryptocurrency investment and other investments which is the reason his wealth is global. Title: Re: What are the rich thinking? Post by: Mame89 on October 30, 2024, 05:44:10 PM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Mmm I see from your end and perspective but it shouldn't be as if all what the middle class think or the poor it's totally different from what the rich thinks, and let me give you a hint if you think that it's just the rich that are hardworking, ambitious and have good skills your entirely wrong and to prove that I'll say to you that you can find the poor man very hardworking and skillful too but the problem we have and thinking the rich ain't same as the poor is that through favouritism and connections they find themselves where they are. No less important, most people might say that rich people are usually "Hereditary". Yes, for that word for most people especially in my country, seen from the perspective of "who the person was", it is rarely seen from the perspective of how the person became rich. And for me, rich people / being rich is important, but what is more important in my life is being a person who can support and support my personal life and family. And the rest is a gift (sustenance) Depending on the effort. For those who are already rich, of course what is thought about is not only living a luxurious life but most rich people will continue to look for opportunities to increase their wealth, be it investment or business. Title: Re: What are the rich thinking? Post by: Hatchy on October 30, 2024, 06:04:13 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? The rich are thinking of more possibilities to become richer that's what I guess they are thinking, so what about you? Because I too I'm thinking of many ways to get richer. Does this make me a rich person? What of the poor people who what's to make more money and get rich?. What we think doesn't actually matter so long we are making the money and are able to get everything we need in life that's what makes us rich. Everyone has something they so wish to have that's what drives us to want to make more money. Title: Re: What are the rich thinking? Post by: Cryptoprincess101 on October 30, 2024, 07:14:10 PM What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? The rich are thinking of more possibilities to become richer that's what I guess they are thinking, so what about you? Because I too I'm thinking of many ways to get richer. Does this make me a rich person? What of the poor people who what's to make more money and get rich?. What we think doesn't actually matter so long we are making the money and are able to get everything we need in life that's what makes us rich. Everyone has something they so wish to have that's what drives us to want to make more money. Title: Re: What are the rich thinking? Post by: Onyeeze on October 30, 2024, 08:07:07 PM Let me speak from the aspect of richness because I know that everyone who is rich have one or two things but he or she engage into that made him or she to become rich, so if you want to be rich you need to work very hard to make sure that you become someone and do not deviate from the Aspect you are working for that is still that to make somebody to be rich is Focus and the concentration, but for the aspect of investing in Bitcoin or any other cryptocurrency your making profit from bitcoin investment will be determined the time to invested and how long you are allow your bitcoin to stay before you would draw some people who said that rich people have different mentality from people who is average or who is living average life is that which people are a risk taker why average people does not like to take a risk so you cannot compare the success of someone who is taking risk every time to someone who does not take a risk, the difference will be there.
Title: Re: What are the rich thinking? Post by: RTX-G53 on October 31, 2024, 05:48:39 AM Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home. Every person wants to maximize their savings. The reason for the success of rich people is that they identify opportunities that are difficult for other people. Rich people always think long term and don't care about market ups and downs they use HODL strategy. We have a lot to learn from their perspectiveIn the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? Title: Re: What are the rich thinking? Post by: MarjorieZimmermanGinger on October 31, 2024, 07:28:14 AM In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Their mindset is different from most people and they generally never give up even if they fail a few times, but when that happens to us, the first thing that comes to mind is giving up and that’s not my place. I know some rich people outside of crypto and they always say there’s no easy way unless we pave the way ourselves and I try to apply that system in crypto and at some point it’s hard to be consistent but when you enjoy it, the road becomes easy.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? I used to have no high hopes for bitcoin because of limited funds but by implementing the DCA pattern I have higher hopes. Mindset determines the direction of people's movements and with a more advanced mindset we can pursue our desire to achieve the desired success. Title: Re: What are the rich thinking? Post by: Xcode7 on October 31, 2024, 03:00:34 PM Let me speak from the aspect of richness because I know that everyone who is rich have one or two things but he or she engage into that made him or she to become rich, so if you want to be rich you need to work very hard to make sure that you become someone and do not deviate from the Aspect you are working for that is still that to make somebody to be rich is Focus and the concentration, but for the aspect of investing in Bitcoin or any other cryptocurrency your making profit from bitcoin investment will be determined the time to invested and how long you are allow your bitcoin to stay before you would draw some people who said that rich people have different mentality from people who is average or who is living average life is that which people are a risk taker why average people does not like to take a risk so you cannot compare the success of someone who is taking risk every time to someone who does not take a risk, the difference will be there. It is true that everyone who has a lot of wealth has certainly studied several fields and they have become experts in those fields so that they continue to provide a source of income that continues to increase their wealth from the fields they study, working hard is of course a process to achieve financial success and everyone who has worked hard will of course be able to get results from what they do, related to investing in Bitcoin of course it will depend greatly on a person's strategy in investing and those who can maintain their assets for a long time will of course be able to make a profit, when someone can maintain their assets for a longer period of time of course they have other sources of income that can meet their needs and also the profits they get are of course different from those who can only last a few moments after seeing the profits and continue to take them.Title: Re: What are the rich thinking? Post by: pusaka on October 31, 2024, 03:09:52 PM In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best! Their mindset is different from most people and they generally never give up even if they fail a few times, but when that happens to us, the first thing that comes to mind is giving up and that’s not my place. I know some rich people outside of crypto and they always say there’s no easy way unless we pave the way ourselves and I try to apply that system in crypto and at some point it’s hard to be consistent but when you enjoy it, the road becomes easy.What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on? I used to have no high hopes for bitcoin because of limited funds but by implementing the DCA pattern I have higher hopes. Mindset determines the direction of people's movements and with a more advanced mindset we can pursue our desire to achieve the desired success. Title: Re: What are the rich thinking? Post by: Baki202 on October 31, 2024, 04:40:45 PM Not all rich people are wise though. There are many rich people which are evil as fuck, unwise, childish but definitively not stupid. Wise or unwise, evil or not, they all have one thing in common: they are all selfish and they have to be. Being selfish is the first requirement of getting rich. If you share all your stuff and money with your friends, soon you will end up with nothing. The more stuff you keep for yourself, the richer you will get in the long run. Suckerberg is not an angel too. He is an evil government tool. Bezos is kind of neutral. Elon is a good guy as far as see. When. It comes to wealth creation their are people that are born in wealth and those that worked hard to gather wealth and if you look at this two people they are both reach but they are also different because the level at which everyone will value what they have will be different just because of the way everyone got their money and the way everyone does their things reasonably matters a lot, the way some rich people spend on luxury despite the conditions at which they are finding their self because most of this rich people are in serious dept worth millions but they won't tell you that, and their lot of. Stories on peoples business that most of their businesses are built on Debt and if anything should happen then they will be indebted for a very long time, instead of them to focus on how to Clear those does debt but no they will be busy doing other things and pending on other things like wise. Personality is just what is important. Title: Re: What are the rich thinking? Post by: MarjorieZimmermanGinger on November 01, 2024, 01:56:17 AM They look to the future and they have no doubts about what they will do, for example when they build a business they will be 100% to do it, both capital, energy, mind and so on. They are more willing to take risks even though failure is in front of their eyes, and when they fail they usually do it again by learning from the mistakes they made before. Actually, we might also do that when our economy is at a very high level, but usually we think and have doubts about what we will do. Not because we want to, but usually we have accumulated the losses that we will get. That happens because we have limited capital, and some of us may be the only capital we have, so when we fail we cannot get back up quickly. The most important thing is not to rush because everyone will definitely get success in time after doing some things as support and with a more mature preparation through the process that is gone through. Failure will always be an important lesson for people who want to improve and the level of success in running a business cannot be seen in the blink of an eye. There are people who are successful after five years or ten years of building a business and it doesn't happen in a short way because it takes preparation to make it happen.When we realize that the capital we have is small, then try to see the potential in a business that provides more certainty and does not require a large budget to manage. That's why it's important to see something more appropriate by using the suitability that we have because not everyone is successful in running the same business. Title: Re: What are the rich thinking? Post by: pusaka on November 01, 2024, 01:40:07 PM They look to the future and they have no doubts about what they will do, for example when they build a business they will be 100% to do it, both capital, energy, mind and so on. They are more willing to take risks even though failure is in front of their eyes, and when they fail they usually do it again by learning from the mistakes they made before. Actually, we might also do that when our economy is at a very high level, but usually we think and have doubts about what we will do. Not because we want to, but usually we have accumulated the losses that we will get. That happens because we have limited capital, and some of us may be the only capital we have, so when we fail we cannot get back up quickly. The most important thing is not to rush because everyone will definitely get success in time after doing some things as support and with a more mature preparation through the process that is gone through. Failure will always be an important lesson for people who want to improve and the level of success in running a business cannot be seen in the blink of an eye. There are people who are successful after five years or ten years of building a business and it doesn't happen in a short way because it takes preparation to make it happen.When we realize that the capital we have is small, then try to see the potential in a business that provides more certainty and does not require a large budget to manage. That's why it's important to see something more appropriate by using the suitability that we have because not everyone is successful in running the same business. Some successful people that we can see now were also born from the failures that they have experienced. It's just that sometimes some people will only see when they are successful, they never see the process that was passed. Title: Re: What are the rich thinking? Post by: Jody.Drummer on November 01, 2024, 02:50:46 PM Yes, it is better not to rush to make a decision in the midst of the limitations that we have. We must really think about it carefully and when we are determined and ready to accept the risks that exist, then we can start the first step to build a business. We also have to adjust ourselves to our abilities, and the readiness that we must have includes in-depth knowledge about something that we will do. there is a saying that says "the sooner the better" it is true but not everything has to be done quickly for the better because sometimes we have to consider everything very carefully before making a decision, because the goal of all of us is certainly not to experience losses or negative things, therefore considering it carefully is something that must be done. With rich people who want to spend money on an investment, this must be considered, because it can determine the future.Some successful people that we can see now were also born from the failures that they have experienced. It's just that sometimes some people will only see when they are successful, they never see the process that was passed. For rich people who think about the future, they will probably think about ways to prepare for their future, such as saving a lot of savings or land assets, houses or others. However, for rich people who do not think about the future, they will probably only think about themselves in the short term, such as being reluctant to save or invest or even not wanting to have insurance even though having this insurance is quite important, such as having health insurance which of course can help them in the future at any time. Title: Re: What are the rich thinking? Post by: CageMabok on November 01, 2024, 03:02:11 PM Every person wants to maximize their savings. The reason for the success of rich people is that they identify opportunities that are difficult for other people. Rich people always think long term and don't care about market ups and downs they use HODL strategy. We have a lot to learn from their perspective Applying such things is not wrong for everyone who wants to be successful in their life, but we also need to find out about some other ways that may never have been told by anyone about how they can be successful to become rich people in this world. Because what I see around my environment is that rich people always value time so much that they will always start earlier before others start. This means that everyone who has felt success and has become rich in their life will continue to try earlier so that being on time alone will not be enough to bring us to any success. In addition, there are powerful ways that can be used as strategies that will also continue to be used and maintained well by rich people and they will not easily tell such things to others except for people who like to find out for themselves about what things must be in life in order to be more successful than others. So you have to find a more complete way to become rich and always appreciate the process without complaining about any conditions. Title: Re: What are the rich thinking? Post by: MarjorieZimmermanGinger on November 02, 2024, 01:53:58 AM Yes, it is better not to rush to make a decision in the midst of the limitations that we have. We must really think about it carefully and when we are determined and ready to accept the risks that exist, then we can start the first step to build a business. We also have to adjust ourselves to our abilities, and the readiness that we must have includes in-depth knowledge about something that we will do. To achieve the stage of success, there are many things that need to be prepared carefully and sometimes we are limited by the lack of capital to start. Some people say that there is no need to think about capital to build a business because the most important thing is determination and will, but for me there is no chance of achieving success if you don't have the means. We understand the risk problem very well because wherever we are, we will never be free from risk and maybe there is a risk management control pattern that needs to be learned.Some successful people that we can see now were also born from the failures that they have experienced. It's just that sometimes some people will only see when they are successful, they never see the process that was passed. If we are ready for failure, we will be much more ready to achieve success because that is the formula in running a business. No one is successful in an easy way, even though we hear stories packaged in several videos that they are successful in an easy way. It's just a fairy tale told in a movie because success requires hard work and capital to achieve it.Title: Re: What are the rich thinking? Post by: MrEazyLife on November 02, 2024, 10:23:03 PM There are different categories of rich people and how they think. There are rich man who’s mindset is how to empower the less privileged ones and elevate them from poverty. There are rich people who mindset is to make more money and impress others, there are some who’s mindset is to step on others there using their money to obtain power. Regardless of that we all know that all rich men has one thing in common, and that’s to make more money and remain rich. But what matters in all is the lives they affected positively and the legacy they leave behind when they’re gone.
Title: Re: What are the rich thinking? Post by: Oluwa-btc on November 03, 2024, 05:52:14 PM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer. Initially,the rich people are very productive in their mindset and that's the only working force that exists between these two categories of people.Their mind is literally prepared for attaining bigger goals and initiating tools for maximum financial wellness. The rich make money work for them using smart investments, budgeting and management techniques.The rich people don't just hesitate or relent on increasing and growing.Achieving this will take action;like an intentional action that stirs up confidence that'll unstuck you from financial shackles. Title: Re: What are the rich thinking? Post by: RockBell on November 03, 2024, 09:05:25 PM Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us". Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer. They know what ot takes to gather wealth so their don't want to take the opportunity for granted, and that is why you see that majority of them are alway doing the right thing by setting their mind towards the goals they want to archive, and if you are not even ambitious as a rich person that means that you are limiting your self so the moment you start looking for ways to increase your wealth the better, and their are rich people that no matter what the cost they will try everything possible to be able to accomplish what they desire, mindset is what makes us different. Their are a lot of things that are stopping everyone from accomplishing something, aside the mindset, building wealth comes with a lot of responsibility, and their are people that even have the idea but were do they start from and how do they accomplish that which they have in their head, the situation is closing in for everyone, and if you give a poor person money not everyone have that mindset of wasting it their are people that will take care of their needs by investing it. Anyone that wasted money in. This period needs to be thought a lesson because the economy looks different now and everything is expensive people can no longer be able to afford so many things the time to have a plan know what you need and what you want we are now at that point. Title: Re: What are the rich thinking? Post by: boty on November 04, 2024, 02:42:23 AM There are different categories of rich people and how they think. There are rich man who’s mindset is how to empower the less privileged ones and elevate them from poverty. There are rich people who mindset is to make more money and impress others, there are some who’s mindset is to step on others there using their money to obtain power. Regardless of that we all know that all rich men has one thing in common, and that’s to make more money and remain rich. But what matters in all is the lives they affected positively and the legacy they leave behind when they’re gone. Those who have wealth and care about the poor are certainly very good, but very few can we find rich people who care about empowering the poor to get a decent life for them and we find many who already have a lot of wealth continue to try to collect more of their wealth and without caring about the people around them who are less fortunate in terms of collecting wealth.Everyone will of course continue to collect more money as long as they are still able to do the job and what you said is very true, people who have accumulated a lot of wealth will certainly inherit that wealth for their children and will also enjoy their wealth in their retirement age later. |