Bitcoin millionaire lists reasons most will never be rich

[oHnK]

If you have expertise in investing then buying a house on credit is much more profitable than buying with cash.  Because the total savings if you buy a house in cash will be disposable, but if you are a financial engineer, your total savings are more useful if invested, you can return each month to pay your home loan so you get two benefits at once.  Your savings remain intact and you can own a house within a certain period of time.

[Lorence.xD]

If you have expertise in investing then buying a house on credit is much more profitable than buying with cash.  Because the total savings if you buy a house in cash will be disposable, but if you are a financial engineer, your total savings are more useful if invested, you can return each month to pay your home loan so you get two benefits at once.  Your savings remain intact and you can own a house within a certain period of time.

That depends, if you are planning on staying permanently in that place and you have the lump sum to pay for the house, I think that it is a good idea to buy it in cash, I think that loaning the house will only be profitable if you are a billionaire and you are living in a mansion, I forgot how they make money out of not buying the mansion but it involves them not paying for the full amount of the mansion. The reason that people will not become rich is because there are people out there that do not want others to go up so they will do anything in their power to keep others from reaching their full potential and become rich by not providing opportunity or discriminating on who will get the work.

[oHnK]

The reason that people will not become rich is because there are people out there that do not want others to go up so they will do anything in their power to keep others from reaching their full potential and become rich by not providing opportunity or discriminating on who will get the work.

I don't think so, we don't live with bad thoughts because it will affect the vibes of your life.  The more positive you think you will get positive results too.  There is a lot of knowledge that can be learned in this world to get rich now if you are ready to get rich.  The true rich concept comes from the mindset.  Want to buy a house cash or buy on credit is only a choice of our mindset and how dare you take risks in life.  In life, it is like an investment theory that the higher the return received, the higher the risk we will bear.  The concept of conglomerates can never be challenged if we start out with this negative way of thinking.

[tygeade]

Like most of the time becoming a millionaire is a combination of factors, as you say even if you are smart enough to tell that you have a great opportunity in front of you, you have no way to take advantage of it without money, however this is important even if you are unable to take advantage in the best way possible when it comes to bitcoin the fact you have identified the opportunity means that you could do so again which means you need to try to save as much money as possible so you can now take advantage of that new opportunity when the time comes.

Even if you do not have money right now, bitcoin is something that has been around for years, and it has been talked on mainstream media for years as well, I am not saying you should have joined in 2010, but even 2017 was talked about a lot, and I mean like seriously a lot. Of course depending on where you live finding 10k dollars to invest could be very difficult, I never had that kind of money before bitcoin as well, but you could always work hard and get some money, and you could always work and study hard to learn trading and if you got in here in the past 4-5 years, you could have earned and profited your way into having some money.

After that all you had to do is put it all on bitcoin last march and this march you would have x10+ more profit as well. This is why I think "not having money" is a bad excuse, you need to actually be all-in support of bitcoin or if you are afraid then you won't make money.

[bitzizzix]

I am more inspired by a different and sensible way of thinking.
The mindset of the rich believes that destiny and fate can be changed with hard work and intelligence.
Meanwhile, poor people tend to wait for luck to come and surrender to fate, and if they fail in one line of business, they are less brave to try other opportunities that are considered foreign.
As a simple example, if 100 million was given to the poor and 100 million was given to the rich, do you know the difference?
If we look at the results for about 1 to 1.5 years, then I am sure the rich will use this 100 million money to multiply it again by means and intelligence, and poor people Rp. 100 million may have no more money, maybe even debt because they will use it to buy whatever they want without thinking about the future.

[whyrqa]

I believe that even with the help of Bitcoin, a person cannot become too rich (a millionaire), because in order to get big profit from Bitcoin, you first need to invest a lot of capital. Of course, you can show the opinion that someday Bitcoin will reach $ 1 million, and a person could invest in Bitcoin either in 2010 or in 2016 or today in 2021, But in order to become a millionaire as a result, he needs to wait for more than one year and perhaps more than 10 years.

[iamsheikhadil]

I believe that even with the help of Bitcoin, a person cannot become too rich (a millionaire), because in order to get big profit from Bitcoin, you first need to invest a lot of capital. Of course, you can show the opinion that someday Bitcoin will reach $ 1 million, and a person could invest in Bitcoin either in 2010 or in 2016 or today in 2021, But in order to become a millionaire as a result, he needs to wait for more than one year and perhaps more than 10 years.

And the opposite can happen too, many people can sell everything and hold in crypto and maybe as you said, after one year or 10 years, they lose it all and become bankrupt. The best form of investment is continuous flow of money and transaction and limiting one's lifestyle. But is it worth to waste the teenage years and 20s by saving money without enjoying it just for the sake of being called a "millionaire" in 40s or 50s? I guess not!

[MiningBattalion]

I believe that even with the help of Bitcoin, a person cannot become too rich (a millionaire), because in order to get big profit from Bitcoin, you first need to invest a lot of capital. Of course, you can show the opinion that someday Bitcoin will reach $ 1 million, and a person could invest in Bitcoin either in 2010 or in 2016 or today in 2021, But in order to become a millionaire as a result, he needs to wait for more than one year and perhaps more than 10 years.

And the opposite can happen too, many people can sell everything and hold in crypto and maybe as you said, after one year or 10 years, they lose it all and become bankrupt. The best form of investment is continuous flow of money and transaction and limiting one's lifestyle. But is it worth to waste the teenage years and 20s by saving money without enjoying it just for the sake of being called a "millionaire" in 40s or 50s? I guess not!

If you're ruing the decision not to dip your toes into the cryptocurrency market, and feel like you are one of the few that missed out, don't worry, you're not. Even with the recent plunge in prices, bitcoin and other cryptocurrency prices remain well above historical levels. Everyone is Getting Hilariously Rich And You're Not where a bunch of white dudes dressed like they pioneered the Williamsburg hipster movement told their stories of cryptocurrency success, leaving casual readers to wonder.

[DarkIT]

I believe that even with the help of Bitcoin, a person cannot become too rich (a millionaire), because in order to get big profit from Bitcoin, you first need to invest a lot of capital. Of course, you can show the opinion that someday Bitcoin will reach $ 1 million, and a person could invest in Bitcoin either in 2010 or in 2016 or today in 2021, But in order to become a millionaire as a result, he needs to wait for more than one year and perhaps more than 10 years.

Seriously investment is needed tool to became a rich person.But the thing is, you need to think. Because it's your investment. If will make you rich in a period or 3-6 months. So you ought to inverse to get a benefit from it.If anything make you rich without any effort after 10 years means. It's nothing wrong to wait for it.

[South Park]

#2  Outdated or inaccurate ideas of how to make money  He recommends renting rather than buying a house and questioning traditional ideas on how to make money.

I have to disagree about this.

Owning a house is much better than renting it if you're a person who stays in just one place for good and only travel for leisure activities such as vacation or unwinding. Owning a house is a practical way to save money, because you can't be sure how long you'll have money or job so you can pay the rent, while having a house means you can sleep well at night not thinking about getting kicked out because you can't pay the rent anymore.

Owning a house is a good investment in the long run in my opinion rather than renting.

Like always it depends, if you have a job that you can do from anywhere around the world or you have to travel a lot a house is nothing but a burden that eats your cash and does not give you a lot of benefits, but if you have a job that requires you to be at a time and place then a house is a great say to save money as you say, besides I think that people get into huge debts, like buying a house, too soon during their lives before they got a chance to raise their capital and their net worth and that is a mistake.

[jaysabi]

His twitter is rather interesting however, am no fan of it, but got to say mans got steel balls to invest like this.

I'm not buying it. No one who postures as hard as this guy is doing on his website is as rich as they claim. And if he's really this rich and successful, why is he selling a bunch of garbage tutorials about how you can be like him?  This guy's a scam artist, his only business is selling people on how successful he is, and anyone buying it is a fool.

[rodskee]

I believe that even with the help of Bitcoin, a person cannot become too rich (a millionaire), because in order to get big profit from Bitcoin, you first need to invest a lot of capital. Of course, you can show the opinion that someday Bitcoin will reach $ 1 million, and a person could invest in Bitcoin either in 2010 or in 2016 or today in 2021, But in order to become a millionaire as a result, he needs to wait for more than one year and perhaps more than 10 years.

but the story is different if we have bought back in the beginning and its called early adopter
in which you only need to have a hundred bucks and become a millionaire today.

bitcoin  cannot make you rich instantly thats why this market offers us altcoin for extra chance of winning.

[Lorence.xD]

~

I don't think so, we don't live with bad thoughts because it will affect the vibes of your life.  The more positive you think you will get positive results too.  There is a lot of knowledge that can be learned in this world to get rich now if you are ready to get rich.  The true rich concept comes from the mindset.  Want to buy a house cash or buy on credit is only a choice of our mindset and how dare you take risks in life.  In life, it is like an investment theory that the higher the return received, the higher the risk we will bear.  The concept of conglomerates can never be challenged if we start out with this negative way of thinking.

If everyone is reach then who is the people that is going to be controlled, with money to back them up. You can't just brush this kind of thing because it is negative vibes, the more we avert our eyes off the issue, the more it will grow and it will eventually destroy people, in this day and age that people are manipulating other, it is not enough to just go with the flow and have good vibes, it is the time to be a realist and focus on the issues that are plaguing our civilization. Mindset my ass, try to say that mindset to someone who doesn't know where to find their food for the day, do you think it will apply? Do not confuse pessimism with realism.

[HardCore12V]

Either what the guy said on twitter is real or fake it's still truth about investment, if you always play so safe you will never become reach, to become rich you have to give something to get something in return, this is why we have so many poor people, they are too greedy to themselves to create opportunities

[Josefjix]

He had rather took his advice to careers and developments it is not fitted here in the coven of Bitcoin discussions, he bought Bitcoin hoping to get rich fine. He was able to purchase some bitcoin hoping to get to $100k mark and he sells off to be ×2 richer how does this relate with the list of opinions he listed? It is not relatable to be honest. His views of bitcoin is from personal perspective.

[oHnK]

Mindset my ass, try to say that mindset to someone who doesn't know where to find their food for the day, do you think it will apply? Do not confuse pessimism with realism.

Maybe I've never been in such a position so that the mindset that I told seems like you can't accept it.  However, living with positive vibes will be much better than starting a life with prejudice.  Will thinking like that change the negative things that have happened?  Will continuing to think negatively make a starving person full?  I do not think so.  With the positive vibe that has been built inside, I think life will be much more productive.

[ivankoh]

https://twitter.com/OfWudan/status/1238091998978093056

March 2020 an investor, athlete and youtuber known as Andrew Tate bought $300k worth of bitcoin priced at $5900. And another $300k worth of bitcoin priced at $6100.

He claims his BTC holdings today are worth around $7 million.

Definitely one of the more colorful and outspoken personalities in crypto willing to voice some of the more audacious opinions, its possible he deserves more attention than he receives.

His list of reasons most may never be rich:

https://www.youtube.com/watch?v=KxiYgtxPoG0

#1  Difficulty identifying opportunity  There are many opportunities in crisis.

#2  Outdated or inaccurate ideas of how to make money  He recommends renting rather than buying a house and questioning traditional ideas on how to make money.

#3  No plan  This item does not need much clarification.

Anyways definitely one of the more interesting characters out there.

And maybe someone people might learn a few things from? This guy does the stereotypical thing many internet personalities do driving expensive sportscars with a harem of attractive women who live with him in his mansion. That would seem to be the dream of many in 2021. His message of self reliance, action and self empowerment isn't that common today. So I hope there might be something of value here.

The symmetry axes were almost compatible with his scheme, in speculative perceptions and rules he picked the right moment.  In my opinion, that is a great advantage in business.  No one knows at what price he sold it or if he still holds a trillion-bitcoin asset for further purposes.  That can't be proved but I'm really happy for him that he has all the conditions to create the right dream for him.  Good trust found.

[darewaller]

Well, this is not the first time I am seeing an article written about this guy, but the funny part is that I still don’t who he is and I don’t even know his name lol. Even after reading this article I still didn’t bother about clicking the link to check, and you know why? Because the type of lifestyle you described at the end of your article spoiled it for me, not everyone is interested in following people who live that kind of lifestyle, and I think there is one thing people usually misunderstand about life, and that is thinking women and luxury cars are the good life, it’s totally wrong.

And talking about the points you said he made in the video, I don’t get why anyone would prefer to be renting houses instead of buying, unless maybe for those in the US, but for where I live it’s best that you buy a house if you can afford it. I know the kind of stress that comes with renting a house and no one wants to be going through that kind of stress. Well, motivational talks is a normal thing for some lucky folks lol. If it was easy, everyone would be rich by now. I have seen people who have read books written by the greatest men on earth, and try implement the kind of lifestyles those books talks about, but at the end they are still getting to nowhere.

So, life is never the same for everyone, what works for other people will not work for you, we are all different, so you just have to take time and think your life through to actually understand the ways you’re getting things wrong and correct it.

[jaberwock]

#1  Difficulty identifying opportunity  There are many opportunities in crisis.

It is easy to say that people fail to identify opportunities but every opportunity comes with a risk, and not everyone is in the position to take those risks. If anyone is presented with a risk-free opportunity, I don't think anyone would reject it. But when it comes with a risk associated, then it takes courage and sometimes it can backfire too.

#2  Outdated or inaccurate ideas of how to make money  He recommends renting rather than buying a house and questioning traditional ideas on how to make money.

This is a good point. With time, methods of making money have changed completely and adjusting and acquiring new methods and making some changes is important with time. A stock market trader would struggle in the crypto market if they take the safety first approach in this market.

#3  No plan  This item does not need much clarification.

This mostly happens when we aren't serious about trading or investing and the goals are not clear. Newbie mistake but a lot of veterans still commit.

[South Park]

Well, this is not the first time I am seeing an article written about this guy, but the funny part is that I still don’t who he is and I don’t even know his name lol. Even after reading this article I still didn’t bother about clicking the link to check, and you know why? Because the type of lifestyle you described at the end of your article spoiled it for me, not everyone is interested in following people who live that kind of lifestyle, and I think there is one thing people usually misunderstand about life, and that is thinking women and luxury cars are the good life, it’s totally wrong.

And talking about the points you said he made in the video, I don’t get why anyone would prefer to be renting houses instead of buying, unless maybe for those in the US, but for where I live it’s best that you buy a house if you can afford it. I know the kind of stress that comes with renting a house and no one wants to be going through that kind of stress. Well, motivational talks is a normal thing for some lucky folks lol. If it was easy, everyone would be rich by now. I have seen people who have read books written by the greatest men on earth, and try implement the kind of lifestyles those books talks about, but at the end they are still getting to nowhere.

So, life is never the same for everyone, what works for other people will not work for you, we are all different, so you just have to take time and think your life through to actually understand the ways you’re getting things wrong and correct it.

You can become rich and then decide what to do with your money, while it is unlikely I will become rich I will admit that a luxurious lifestyle is not really my style either, I would use my wealth to buy my time, there are many things that I want to do which do not require a lot of money but that require time and effort, if I could quit my job not only I will liberate a substantial time drain but also I will have a lot of energy, so even if you do not like his lifestyle if you can grab a few lessons from him and implement them into your life and become successful then it was worth reading his stuff.