How do you define rich?

[dota2bestplayer]

Although some people already have wealth and freedom, their desires are unlimited, and they will still work hard to make themselves richer. In my case, 1,000 bitcoins are considered rich because I don't have 1,000. There are always people richer than us. This is why we continue to improve.

[fillippone]

Something to start reasoning on:


With US$25 million, you’re just about starting to be rich

In the US, private bankers have arrived at a figure for how much money a person should have before they can even begin to be considered wealthy

Also, I would add that the “difficult” part is not becoming rich. You can be extremely lucky of have some stunt that get you rich. The difficult part is staying rich, mans make your son, or the sons of your sons to stay rich.

[jitjitmew1]

First,choose a lifestyle,any,simple,close to nature,luxury,many travels,really any
Second,see how much you need to maintain this life easily,and with a little for extra expenses
Third,(the "rich" aspect)find a way to earn enough in passive income to easily maintain this lifestyle
every month without working,THIS is what rich means in my book...

[Mikayla Buckley]

Regarding the definition of wealth, I think everyone’s views are different. Regarding material wealth, I think it’s enough to meet the basic living conditions, but some people may think that they need more to be called a rich life. , But in my opinion, spiritual wealth is more important. When I did not enter the crypto world, I thought I would choose $1 million, but now I would choose 1,000 bitcoins because I believe that bitcoin has more potential to rise in the future than fiat currencies, and I have to control my own Active control of wealth.

[Shamm]

  Rich for me is Life cause I believe Life  is the greatest thing that gave to our God that no other than high ,money and wealth are passed away and Also life but the difference is life are meaningful and precious to us.

[jaminunit]

Not thinking about bills and going on holidays when ever you want.

[Davidvictorson]

What is to be "rich"? In the different areas of my life, I define what being rich to be:

Economics: Having physical and digital assets worth 100million dollars combined.

Religion/Spirituality: Living in harmony with God. Peace of mind.

Health: Living in a state of complete physical, mental and social well-being with the absence of diseases.

Humanity: Giving back to the society. Helping the poor and making the world 🌍 a better place.

[fillippone]

As correctly pointed out by others often Rich is equivalent to “free”. Freedom from work, constraints, financial ones above all, is synonymous to richness.
And of course bitcoin is of a great help attaining this.

[Lorence.xD]

As correctly pointed out by others often Rich is equivalent to “free”. Freedom from work, constraints, financial ones above all, is synonymous to richness.
And of course bitcoin is of a great help attaining this.

Don't the rich people have more work to do to keep their money? I am pretty sure that the saying "More money, more problems" is true. I think that we are never truly free because even the birds that adored are chained to the skies, if you know what I mean.

[LionMans]

The way man treats people and how he explains his thoughts - if he can talk with everyone about anything without conflicts and passive agressive style considering all his speech is straight without `ehhmm` and `uhhmm` he is probably not a fool

[fillippone]

As correctly pointed out by others often Rich is equivalent to “free”. Freedom from work, constraints, financial ones above all, is synonymous to richness.
And of course bitcoin is of a great help attaining this.

Don't the rich people have more work to do to keep their money? I am pretty sure that the saying "More money, more problems" is true. I think that we are never truly free because even the birds that adored are chained to the skies, if you know what I mean.

Time is a scarce resource. The only resource scarcer than bitcoins. Being rich to me means having the luxury of choosing freely how to allocate your time: working, studying travelling, you name it.
Chains are not for the rich people.
 

[Lorence.xD]

~

Time is a scarce resource. The only resource scarcer than bitcoins. Being rich to me means having the luxury of choosing freely how to allocate your time: working, studying travelling, you name it.
Chains are not for the rich people.

But aren't the rich much busier the more they want to make more money? But that's probably just my assumption about it. I'll probably know about the right answer when I get there in some way.

[Reatim]

Not thinking about bills and going on holidays when ever you want.

Lol even those not so rich can do this by using loans so this does not really reflect for true rich people.

though most of them do have this attitude.

But aren't the rich much busier the more they want to make more money? But that's probably just my assumption about it. I'll probably know about the right answer when I get there in some way.

Same as my belief , those rich people that comes from rags to riches they are the most busier people .
but those who had inherit the businesses and the wealth ? they are the people that can spend time more outside the business circulation .

[fillippone]

~

Time is a scarce resource. The only resource scarcer than bitcoins. Being rich to me means having the luxury of choosing freely how to allocate your time: working, studying travelling, you name it.
Chains are not for the rich people.

But aren't the rich much busier the more they want to make more money? But that's probably just my assumption about it. I'll probably know about the right answer when I get there in some way.

If you are rich enough you can put your capital at work for you, instead of working for your capital.
This is a big perspective shift.

[swiftbits]

What is to be "rich"? In the different areas of my life, I define what being rich to be:

Economics: Having physical and digital assets worth 100million dollars combined.

Religion/Spirituality: Living in harmony with God. Peace of mind.

Health: Living in a state of complete physical, mental and social well-being with the absence of diseases.

Humanity: Giving back to the society. Helping the poor and making the world 🌍 a better place.

Leaving a great mark on this world is such a great satisfaction
But, having a huge asset would be beneficial to give back.
Thriving for success to break the poverty cycle is also a good thing for the next generation.
Money is not always evil. We have to use it for good.

[mckinleeanael07]

For me, the definition of wealth is never having, for example you have 1000 BTC or 1 million USD is never enough for the greed of every human being including me. Although I have a lot of money, even though I have assets that I can't use for a lifetime, I never let that money rest, money makes money, that's why everyone wants to get richer, it's never enough.

[kapalmabur]

What is to be "rich"? In the different areas of my life, I define what being rich to be:

Economics: Having physical and digital assets worth 100million dollars combined.

Religion/Spirituality: Living in harmony with God. Peace of mind.

Health: Living in a state of complete physical, mental and social well-being with the absence of diseases.

Humanity: Giving back to the society. Helping the poor and making the world 🌍 a better place.

Leaving a great mark on this world is such a great satisfaction
But, having a huge asset would be beneficial to give back.
Thriving for success to break the poverty cycle is also a good thing for the next generation.
Money is not always evil. We have to use it for good.

I describe money as a double edged knife because it depends on how we use it,
if by having a lot of money we only spend it on unnecessary things of course that's not a good thing,
and vice versa we can also do good and useful things when we have a lot of money

[bryant.coleman]

For me, the definition of wealth is never having, for example you have 1000 BTC or 1 million USD is never enough for the greed of every human being including me. Although I have a lot of money, even though I have assets that I can't use for a lifetime, I never let that money rest, money makes money, that's why everyone wants to get richer, it's never enough.

It can be due to greed, and it can also be a result of ambition. Some people want to prove that they are successful in their life and wealth is always taken as a measurement of success. The more the wealth you have, the perception will be that you are successful. Such people may later give away most of their wealth in the form of charity. You can't brand a billionaire who donates a large part of his wealth to charity as "greedy". If he was greedy, then he would not be sharing a penny from his wealth to anyone. Such people are just ambitious.

[Fortify]

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

I think the amount you need to live a comfortable "rich" lifestyle it heavily depends on the country that you live in. For example if you are in many European countries and invested your money wisely to receive a return on investment each year via owning company shares, you could work your way towards a 50k salary from having half a million without having to lift a finger. It might not be super rich territory but you could live care free on such a salary if you were able to get it tax free (via several government schemes that encourage savings such as ISA's in the UK). In America with all the risks I am not sure even $1 million would be enough to live comfortably for a whole life time - one bad hospital visit and they might try to drain your bank account dry.

[newwest]

For me, the definition of wealth is never having, for example you have 1000 BTC or 1 million USD is never enough for the greed of every human being including me. Although I have a lot of money, even though I have assets that I can't use for a lifetime, I never let that money rest, money makes money, that's why everyone wants to get richer, it's never enough.

That sis true that even the billionaire's work everyday to make more money and then it becomes their status to remain that rich and keep making more money than others. Some may have 1 million in life and he/she may consider rich to themselves as their needs are limited and some may be multi millionaire still may not consider rich as they compare themselves to big billionaires.