If you want to get rich, you have to become immune to the money.......!

[franky1]

 I didn't even understand the hashrate calculations that you say are the only ones I can say when you mentioned that it shouldn't really be high in bitcoin for this year. The 400 000 each might be able to spit out the coffee in my seat when it really happened this year.

big asic farms dont pool hop on the whims of the daily market they also dont jump to altcoins when market prices dip
they are invested in hardware of 2 years life cycle and they buy electric contracts of GW on long term contracts too.. so essentially they are mining 24/7 long term no matter the market

when calculating these costs of mining at a value rate and a premium rate of electric+hardware. using not a daily hashrate to calculate asics on the network. but the hashrate averaged over a period. you can then ascertain these long term miners long term costs and calculate  how many coins they can earn over that time to get a rough average value-premium cost per btc.

the market has time and time again proven to wiggle and speculate within the value-premium numbers

[Y3shot]

Their is no specific formula that makes people to be rich , but to become rich one have to be very hardworking,  so things the right way and be prepared to grab opportunities. Becoming rich one must learn how to be good manager of money and also learn how to invest money to generate more money. Nobody became rich without making any investment and becoming rich one has to learn how to spend money on reasonable things and not on things that do not matter.

[angrybirdy]

Their is no specific formula that makes people to be rich , but to become rich one have to be very hardworking,  so things the right way and be prepared to grab opportunities. Becoming rich one must learn how to be good manager of money and also learn how to invest money to generate more money. Nobody became rich without making any investment and becoming rich one has to learn how to spend money on reasonable things and not on things that do not matter.

Additional to your statement, In order to become a rich person, you have to be hardworking, strategic and smart when it comes to deciding something. Many simple people have become rich and successful now, especially during the pandemic, one of their ways to get rich is by taking the heart of their consumers using their social media platforms especially now that digital marketing is popular, one of the ways to get rich is that we have to keep up with the trend and be more strategic especially since there are many competitors around.

[boty]

Their is no specific formula that makes people to be rich , but to become rich one have to be very hardworking,  so things the right way and be prepared to grab opportunities. Becoming rich one must learn how to be good manager of money and also learn how to invest money to generate more money. Nobody became rich without making any investment and becoming rich one has to learn how to spend money on reasonable things and not on things that do not matter.

Yes, there is no special formula to make someone rich, it takes hard work to achieve success and there are many obstacles that we have to overcome in going through this process and we have to be able to overcome them in order to achieve what we want.
Financial management is of course very important for everyone, whether they have a fixed income or not, but for those who don't have a fixed income, of course they have to extra-manage their finances so that they use their income well and don't use it for things they don't want need.
Investing is indeed very good for achieving someone's financial freedom because if they don't invest with their income, of course they will get used to spending all their income on temporary pleasure.

[shepherd_gee]

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How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success?

The truth is, there is no specific means of becoming successful in life. Your success and failure solely lyes in you. Dolly Parton would say in her song, coat of many colors: that one is poor only if they choose to be. There's no kind of business that isn't lucrative, the paramount thing there is the total amount of time you can invest in a certain business that determine your ROI. It may also interest you to know that the rich don't work for money, there got money to work for them. Stay focused that's the goal.

[Jegileman]

How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success?

I don’t entirely believe in what this source is saying about getting rich. Everyone will have a different approach on how to become rich and most of the reasons they’ve mentioned in that post to be immune to the money could be what will work for another person. It all has to do with commitment and dedication to the process that works for you. No one will want to give you free money unless you work for it and earn it yourself. Just stay true to yourself, enjoin positivity and trust the process that works best for you and you will make it to success.

[Etranger]

• Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.

I can not agree with this. The entire meaning of making more money, as I see it, is getting rid of the need to serve. If you want to serve, just become a hired employee and live from salary to salary. Money is a good servant, but a bad master. The desire to serve won't lead you to wealth. Moreover, you won't be able to learn how to be independent.

[oktana]

I really agree with the last point there. What is more important is not the money but you need to learn how to make it then eventually everything flows. If you look at the world billionaires, you can see that it seems money follows them and they don’t really have to chase it. It is because they had to learn how to make money and not just rushing after it.

Adding to those, to be successful, you need to diversify into different things and businesses. The knowledge is worth it, yet you can make money better if you know more than just one field. Look at Elon… Tesla, SpaceX, Starlink, 𝕏, Crypto, and even some more businesses he may have.

• Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.

I can not agree with this. The entire meaning of making more money, as I see it, is getting rid of the need to serve. If you want to serve, just become a hired employee and live from salary to salary. Money is a good servant, but a bad master. The desire to serve won't lead you to wealth. Moreover, you won't be able to learn how to be independent.

Before you stand up from your bed, you need to be on your knees first, then you raise one knee up and use that energy and force to get the other one up. You’re not a fool to be an employee, you’re only a fool if you have no plans to be work something out for yourself.

[davis196]

Do not desire your own money. It turns you from a producer to a consumer.
Do not desire the money of others. Envy is a deadly sin. Because it will distract you from your own mission.
Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.

Meh. This sounds like BS to me. It was probably plagiarized out of any random "How to become rich" self-help book from a mediocre author.
1.You can't become rich, if you are not greedy. Greed is the first step towards the desire to become rich.
2.I agree that being envy is a big sin. And a really toxic one. The people, who are envy rarely succeed.
3.Rich people don't become rich by doing "good work right now" and by "serving" other people. They become rich by innovating and by outperforming the competitors. This can be done by hard work, but working smarter is better than working harder.

[CryptopreneurBrainboss]

How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success?

Not yet as successful as I would have wished I was but to my own capacity I'm successful and the information you shared are true because looking at the points you listed, they're common knowledge that all hustlers should know. You don't look at what others have because it brings envy and jealousy. Everyone has their path to follow don't envy what isn't your turn to have, keep hustling when it's your time you'll get all that you desire.

The fastest way to wealth is to become a problem solver. As a problem solver you work (you serve) so it matches your third point but I'm having some difficulties understand the first point. If we shouldn't desire others money then why can't we desire ours, I'll surely desire to have my own money instead of depending on the money of others.

To become rich, making your money to work for you instead of you working for the money that's the words I live by. I also believe in investing instead of spending, if you have a problem of wasting your money instead of investing then turn your investments to your spending destination and take most of your spending to investing and you won't have to work for money again.

[Peanutswar]

• Do not desire your own money. It turns you from a producer to a consumer.

At this point its ideal to change your mindset use your money to get more money don't let your urge to have a particular thing if you cant afford yet, make those money become an asset and not just for liabilities.

• Do not desire the money of others. Envy is a deadly sin. Because it will distract you from your own mission.

Do not desire but learn from them, making a rich doesn't mean that you don't need to focus to other people somehow you can met a network of rich people so you can understand the next move you will need to do to become rich, like others said make your circle of friends valuable you can learn from them, if you have friends that is rich you can adopt their mindset if you have circle of friends have poor mindset you didn't grow too much.

• Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.

People say don't use the money and become slaves to it but let be true in reality money is the one who makes power here if you have a lot you have the power to achieve what you want, still make sure you know what you are doing and not just use money for your self only.

[criptoevangelista]

I'm not rich or anything, but the first rule to get there is:

try never to lose money.

If you have a standard of living that costs, for example, 1,000 dollars, live with a standard that costs 800 dollars. Save the rest or invest in something.

The ideal is to always have several sources of income, and not need to use them.

If you know how to live and manage a little money, you will also know how to manage a lot, live for yourself and never for others, examples have already been given, such as buying things to show off, this is a sign that you are not prepared to be rich.

Maybe the best way to get there is to undertake, I think about this every day of my life.

Today I work for a company, but I reach a point where my salary peaks. And to pass this level, you only need to create your own company.

[KingsDen]

I could remember last year when there was much tension about the price of bitcoin. You maintained that bitcoin is opened within the window of 15k to 75k, that the price won't go below 15k and behold it happened. It was then I knew that you are so much endowed. Remain great Franky.

2021 was 10k 75k window of possible speculation
2022 was 15k 95k window of possible speculation
2023 was 18k 110k window of possible speculation
2024 is 28k 140k window of possible speculation so far (can move up if hashrate moves up to push the window up)

dont expect a $400k btc this year, thats all im saying.. unless hashrate 3x the current network level and speculation drama pumps to limit
dont expect a $16k btc again.. unless hashrate drops by 45% the current network level and speculation dumps to limit

I have to quote this for reference purposes. I do not actually know how you come up with these figures but I believe them to a great extent. I am just waiting for dip back to the 30k region to buy more bitcoin.

[Solosanz]

try never to lose money.

If you have a standard of living that costs, for example, 1,000 dollars, live with a standard that costs 800 dollars. Save the rest or invest in something.

What if the standard living costs $300, but you're only make $150 and to live with $150 is not enough? how can they reduce their living standard when they don't have enough money in the first place?

Many people are sandwich generations, it makes them need to give their money to their parent and younger brother/sister, it's really easy to say because you're not in their shoes.

[Etranger]

You’re not a fool to be an employee, you’re only a fool if you have no plans to be work something out for yourself.

I didn't say that being an employee means someone is a fool. But to serve and to work are different things. I don't like the entire idea of being a servant. Because transformation from servant to master happens too rarely. People get used to serving and the most difficult thing in this case is to change the servant`s perspective and mindset, not to earn extra money. If you want to become rich, you have to stop thinking in terms of serving.

[Patrol69]

Making money is difficult but spending money is much easier. It is not difficult to spend the money that can be earned in a month by hard work in a day. Since earning money is very difficult and spending money is very easy, we must spend money wisely. If we spend the amount of money that we got from salary or certain business immediately, but our financial condition will remain the same. Apart from managing the family, I have to try to save money from the amount of money I will earn. Whenever we can plan our spending and stop ourselves from overspending, our financial situation will change. No matter where we live or how much money we earn, we must be very conscious of how we spend our money.

[criptoevangelista]

try never to lose money.

If you have a standard of living that costs, for example, 1,000 dollars, live with a standard that costs 800 dollars. Save the rest or invest in something.

What if the standard living costs $300, but you're only make $150 and to live with $150 is not enough? how can they reduce their living standard when they don't have enough money in the first place?

Many people are sandwich generations, it makes them need to give their money to their parent and younger brother/sister, it's really easy to say because you're not in their shoes.

There are several ways to lower your standard of living, but you always have to give up comfort.

If you use a car to get around, buy a bicycle or a motorcycle, it saves a lot of fuel.

Swap processed food for natural food, fruits, vegetables, fresh meat are generally much cheaper than ready-made food or food that has gone through some production process.

Buy clothes from cheaper brands, electronics don't have to be the latest generation... Anyway, there are ways, but you need to make a real analysis of how much your entire life costs in order to make the necessary adjustments.

And I tell you, do this calculation and you will be surprised at how much it is possible to optimize your life to save money.

Regarding needing to give money to your siblings, if they are of the right age, ask them to do housework. washing dishes, washing clothes, cleaning the yard, this will save you time that you can use to think about how to make more money... One helps the other in this case, everything can be resolved by talking

[kryptqnick]

I don't think getting rich has anything to do with immunity to money. A lot of people simply are rich and can become richer. They have great initial circumstances that allow them to experiment with investments, obtain great education, hire experts, try building their own businesses etc. because there's wealth in their families. If you're not among such people, you need to beat the odds to do better than your parents did, and that requires both luck and effort. I don't think that having no desire makes an impact here.

[Etranger]

I don't think getting rich has anything to do with immunity to money. A lot of people simply are rich and can become richer. They have great initial circumstances that allow them to experiment with investments, obtain great education, hire experts, try building their own businesses etc. because there's wealth in their families. If you're not among such people, you need to beat the odds to do better than your parents did, and that requires both luck and effort. I don't think that having no desire makes an impact here.

Yes, there are much more cases when already rich people become richer, than when someone who had little become rich. Starting positions are of a highly importance. I don't say that it is impossible to make your life conditions way better than you used to have, but the efforts have to be enormous. But such people often tend to save their earnings better than those who are used to them.

[michellee]

The important thing is that you can work better than other people so that you can have the opportunity to make more money. This is where we need to work smart and not just work hard because now the era is more advanced than a few years ago. You can use many methods so you can make more money.

If you are still an employee now, that doesn't stop you from becoming rich. You only need to change a few parts so you can still have money. Reducing expenses and shopping for items that are not needed could be done.

Besides that, you have to be more creative in getting new ideas that might help you in creating a business. Many people think about creating a business that can last for a long time and can also grow. That's where they start trying to create a business and manage it. Many of them managed to become rich and eventually became successful businesspeople and left their old jobs.