Bitcoin Forum
May 31, 2024, 01:45:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Reason why the rich always get richer  (Read 272 times)
Zackz5000 (OP)
Member
**
Offline Offline

Activity: 112
Merit: 76

★Bitvest.io★ Play Plinko or Invest!


View Profile
March 06, 2024, 11:51:48 AM
Merited by Pi-network314159 (2)
 #1

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
kentrolla
Hero Member
*****
Offline Offline

Activity: 1582
Merit: 565


Eloncoin.org - Mars, here we come!


View Profile WWW
March 06, 2024, 04:22:00 PM
 #2

That's indeed true as there is no reward without risk but we also need to consider that everyone should get equal opportunity to earn in first place in order for them to invest because I have grown up seeing people who work much harder than us but still earns lesser than us. It a matter of hardwork and sometimes opportunities. But yeah the majority of them just don't want to take risk as they are comfortable with their salary and only in their late 30s they realise that they can never be rich by doing 9-5.

People just get comfortable with their jobs and that's the biggest problem.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
Uhwuchukwu53
Member
**
Offline Offline

Activity: 224
Merit: 35

★Bitvest.io★ Play Plinko or Invest


View Profile
March 06, 2024, 05:02:29 PM
 #3

It's reality you said, that is why is more risky not to take a risk, because the more risk you take for investment the more your income.

There is one thing that make the rich getting richer, not only investment but smartness and having good speculation about future if what they want to go into, such as seeking good knowledge and carry out feasibility study on that investment or risk you want to venture in matter allot, it's smartness that does it because you can invest and still get poor if your smart.

There is a saying that if becoming Rich is by hard work wheelbarrow or truck pushier  would have been the richest, any investment or risk which smartness is not applied end up like this saying of working hard but no results the wheelbarrow Pusher experience.

But the key to get rich is tide down to investment and risk taken but smartness can't be taking away because that what makes its complete my opinion.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Zanab247
Full Member
***
Offline Offline

Activity: 1218
Merit: 149


★Bitvest.io★ Play Plinko or Invest!


View Profile
March 06, 2024, 05:22:30 PM
 #4

Wealthy people dey take risk dat will make dem rich more in d future and, if dey discover say d business no go make dem rich in d environment, dem no go put money for dat kind business again and even though dey put money for such business and d business is not working well to bring more money, dey will quit from such business and look for business dat will boost their wealth.

 But when u dey earn salary from your working place every month and, u dey put half of d money in BTC investment, I guess it will make u richer and it will not make u look like someone dat is earning money from only one source.

AYOBA
Full Member
***
Offline Offline

Activity: 294
Merit: 142



View Profile
March 06, 2024, 05:26:41 PM
 #5

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.
Being wealthy is a full-time endeavor, how can you get richer even if you complete other tasks and don't succeed in earning a steady income? It will be difficult, and even those who think they are wealthy may invest a portion of their funds in another venture where they may earn a meager sum of money on a monthly or weekly basis.

However, some employees were unable to retain a portion of their monthly salary, which is understandable given that investing is the best way to get wealthy. You can only squander a little money you have till he finished without accomplishing any goals if you don't invest it.

Pi-network314159
Full Member
***
Offline Offline

Activity: 238
Merit: 166


View Profile
March 06, 2024, 05:59:09 PM
 #6

Reason why the rich get richer why the poor get poorer is that (1)the poor lack management (2) not taking a useful opportunity serious(3) they will see every opportunity as scam (4) they are not ready to invest rather believe In saving in the bank (5) They always think that opportunity to be rich is God's time, forgetting that faith without work is dead (6) Some are naturally lazy and a lazy man can not be rich(7)The poor lack packaging but the rich knows how to package things an that is what makes them to be connected (Cool The poor are week in decision making why the rich makes a decision and stand by it and also work hard to make sure they achieve their dreams accordingly with proove (9)The poor don't see the end from the beginning but the rich knows the end from the beginning (10).
There are many more things to prove why the rich get richer and the poor get poorer.
In other words, to be rich is not easy because maintaining the wealth is even difficult than answering the name rich. It takes a rich mind to maintain riches.
Claudeake
Jr. Member
*
Offline Offline

Activity: 79
Merit: 1


View Profile
March 06, 2024, 09:53:18 PM
 #7

Wealth creativity is a peculiar task that not all human beings could engage in it. Wealth differential among members in the society and the propensity to further engage in wealth accumulation entails certain factors such as;
1) The knowledge of the logic and the dynamics of money generation. Those who have this knowledge also apply them. An their business increased.
Secondly, the burning desire and zeal for further wealth creativity, the successful few possess these features. The aspect of reinvestment in cyclic format is a function of zeal to expand.
Thirdly, wealth itself is expansionary. It needs special attention and strict obedience to the logic of self expansionism. Some out of intelligence, obedience to the logical nature of the dynamic forces of money generation, they have persistently reinvest for further expansion.
Churchillvv
Full Member
***
Offline Offline

Activity: 420
Merit: 181


Eloncoin.org - Mars, here we come!


View Profile WWW
March 06, 2024, 11:26:20 PM
 #8

For me I don't see getting rich as being successful in life, I don't know about others perception of rich or success but this mine.
For sure get rich isn't an overnight deal, or should I say one can't get rich over night you have to put in some work to be successful.

investment is one wonderful effort that most rich people have made and I admire that, if you want to be rich you don't have to depend you your salary job and expect to become rich with your saving at bank, for everything must grow your savings that is kept constant and stagnant your account needs to be put where it will yield some good fruit, even from the stories of the holy bible the people where give some coin to hold, the one who use his own to do business became the richest among them because he was thoughtful enough to make his own profit from the little he had.

its applicable to life you must be doing something that you have to multiple before you can become lucky enough to be successful.

Gormicsta
Member
**
Offline Offline

Activity: 168
Merit: 75


View Profile
March 07, 2024, 09:51:56 PM
 #9

Omo, even Bible talk am say " For everyone who has, more will be given, and he will have abundance. But from the one who has not, even what he has will be taken away. If bible go talk like this, how we think say the rich people go first wait till their money finish before they hustle get another one, my dear, even if they get full the world, they still hustle day and night just to make sure say their no dey drop and wetin dey also make the rich to get richer na because them dey get the idea on how dey go carry increase their money, some na by investing, some dey invest for crypto while some dey invest as traders that is people wey they sell food stuffs, provisions etc and also why them they get richer too na because they get people wey get money too, so them dey help too, and them dey get access to something wey other people no get. But e tire me o, why them no go also make people wey dey poor, sha nothing dey equal for this world. Na e make life no balance.
Tmoonz
Full Member
***
Online Online

Activity: 182
Merit: 136



View Profile
March 07, 2024, 11:00:50 PM
 #10

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.


One of the obvious fact why the rich are always getting richer, the rich normally have a bigger picture of tomorrow and not even the present but the poor only prioritize about the present, the poor save their while a rich will invest, life itself is a risk and it is more risky no to take a risk, the rich takes alots of risk while the poor don't, the rich creates relationship among themselves no wonder they say birds of the same feathers fly together, the rich maximize opportunity while the poor only takes opportunity.

liasbaa
Member
**
Offline Offline

Activity: 62
Merit: 20


View Profile
March 08, 2024, 01:56:05 AM
 #11

The principle of the capitalist state is that the rich will be more wealthy and the poor will lose more wealth, meaning that their wealth will be stolen by rich people. Now the whole world are contained the victory of the capitalists persons.
Hewlet
Full Member
***
Offline Offline

Activity: 308
Merit: 135



View Profile
March 08, 2024, 06:27:00 AM
 #12

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.
the way the world is structured, every rich man has a lot of things in common and this is same with the poor man.

The thought process of the rich is totally different from that of the poor. While the poor thinks consumption, the rich thinks investment. While the poor sees impossibility, the reach sees opportunity and lots of possibility.

For me, what makes someone rich isn't that they have money or that thier parents have money or connection, once your mind is rich, it would only take time before it starts manifesting in the physical. Some people have this poverty mentality that has limited them to a point were they just conclude that they can't become rich at all.

Even in this our country that it appears as though things are very tough and difficult, with the right work, commitment, and dedication, you could become whatever you want to.

The main reason why the rich always becomes richer is that they have the mentality of never settling down so soon and regardless of their status, they don't neglect the fundamentals that brought them to the top.

███████ ███████        R O L L B I T        CRYPTO'S MOST INNOVATIVE CASINO        [ PLAY NOW ]        ███████ ███████
//     TRADE RLB NOW!     //
███████ ███████ ███████            OFFICIAL EUROPEAN BETTING PARTNER OF SSC NAPOLI           ███████ ███████ ███████
Barikui1
Full Member
***
Offline Offline

Activity: 224
Merit: 156



View Profile
March 08, 2024, 07:06:06 AM
 #13

Yea, it's true that the rich keeps on getting richer, while the poor keeps on getting poorer, you know why? Because they have financial leverage the poor don't have, they take investment risk the poor wouldn't take, they sees opportunities the poor wouldn't see, because they actually sees differently, they have contact at the top the poor doesn't have, so to me, it quite logical and a normal thing that they will keeps on getting richer and richer, while the poor keeps on getting poorer and poorer.

Promocodeudo
Full Member
***
Offline Offline

Activity: 420
Merit: 227


Play Bitcoin PVP Prediction Game


View Profile WWW
March 08, 2024, 07:31:10 PM
 #14

The rich always get richer because they are not afraid of investment, the see every investment as an opportunity to add to their portfolio though sometime they loss fund too which is normal, but the risk they take, a man without funds can not take it, a rich man mindset is always how to bring something no one has never done to enable them remain relevant in the market a poor man may have this idea but lack of funds can limit him not to achieve this, the reach see possibility in everything but the poor because of their IQ doesn't see it that way, these two categories process information differently.

Egii Nna
Full Member
***
Offline Offline

Activity: 322
Merit: 170



View Profile
March 08, 2024, 11:13:35 PM
 #15

You have said a lot, but they are what people still find hard to understand, which you have mentioned already, but I will like to elaborate on them again. Talking of risk without taking it, I don't see how you can make it and get rich, which is the main reason why the rich still get richer and the poor still get poorer. When we are talking about risk, it doesn’t mean anything about how risky it is. To be specific, the reason I said so is because there are some risks that, if you take them, you will still lose. No matter the precautions you take, those are risks you just jump into without doing research. 

Moreover, a rich person will never take a risk if he doesn't have adequate research on the specific risk. The poor usually follow what their friends or partners do so that they can carry that risk. That is why even if a poor person takes some risk, he will still fail. For instance, a rich man will never give up even though he is losing, but when a poor man loses a single risk, he will never do it again because he will say, Instead of taking those risks, why not go and look for what he will eat? 

So if all this is put into consideration, the poor will also know the rust meant for them but will not jump up to the risk that will not work for them just for the profit. Don’t work like that; there are procedures to follow before you take a risk. 

Ever-young
Full Member
***
Offline Offline

Activity: 1204
Merit: 176


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
March 08, 2024, 11:26:10 PM
 #16

But when u dey earn salary from your working place every month and, u dey put half of d money in BTC investment, I guess it will make u richer and it will not make u look like someone dat is earning money from only one source.
Investing in Bitcoin don’t make someone richer that instant, and investing half of your salary every month won’t also make you look like who is earning from multiple source but rather it might make you reduce your spending which might make you appear like someone who is not earning at all, because half of your salary and the other half which is left can’t be able to foot your bills and you can also be left with what can sustain you for the rest of the month although this could be base on how much salary the person earn at the end of the month.


The part which is invested on Bitcoin will make the person richer if they can be disciplined enough to hold for a very long time until the price of Bitcoin can skyrocket to a level in which what they where able to hold and accumulate can be able to change there financial status, the long you hold Bitcoin and how high the price is will determine how much profit you can make from it.

Pi-network314159
Full Member
***
Offline Offline

Activity: 238
Merit: 166


View Profile
March 12, 2024, 02:10:29 AM
 #17

But when u dey earn salary from your working place every month and, u dey put half of d money in BTC investment, I guess it will make u richer and it will not make u look like someone dat is earning money from only one source.
To invest in Bitcoin will not make you richer so quickly, you should be able to know how long your Btc investment will take you, and how much you have invested in btc before talking about rich or wealth. Secondly the aspect you said dividing your salary into two, it is not a wise decision to divide your salary into two for bitcoin Investment rather you need to divide it into 3 part 1, for Bitcoin Investment 2, for feeding and 3 for emergency fund that will not affect your bitcoin holding when the need arises.
MarvieJ
Newbie
*
Offline Offline

Activity: 59
Merit: 0


View Profile
March 12, 2024, 02:43:53 AM
 #18

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.
One of the reasons like you stated is the fact the poor is always so scared of investments , they’d rather spend and do giveaways just to earn a name lol .
HajiBagi
Sr. Member
****
Offline Offline

Activity: 546
Merit: 305



View Profile
March 12, 2024, 12:32:15 PM
 #19

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.

No matter how E be for this life if you want to become a successful person in this life you have to take risk, many people wey we Dey see this days say them get money today, if them no take risk them no go reach where them Dey today, everything for this life have to be a risk, most especially when it comes to investment, I don’t know how about some people and how them they see life but my brothers and sisters life go show you many things that you by yourself go say you are not meant to be rich but as our elders talk, you don’t need to remember you where you come from to get up.

But I still Dey reason one thing for this life say na people wey no get money na him Dey always Dey lazy this days, I don see many people that are complaining about saying that they don’t have money but when you tell them how to make it they see it as a long journey or something that look like you are taking their level down , my brother no food for lazy man you gast wise and make money because Nigeria no be country wey go change to better country now.

.
DuelbitsSPORTS
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
BEST
ODDS
▄▄▄███ ███▄▄▄
▄▄██▄▄▀▀█ ██████▀▀▀▄▄
▄██████▀▀▄▄▀▀█▀▀▄▄██████▄
███▀▀▀▄▄███▀▀▄▄▀▀█▀▀▀▀▀████
▄▄▄▄██████▀▄████▀▄ █████▄▄▄▀▀
█████████▀▄████▀▄███▄▀█████████
███████▀▄█████▀▄██████ ████████
█████▀▄███████ ████████ ███████
███▀▄████████ █████████ █████
█▀▄████████▌▐██████████ ███
 █████████▌▐██████████▌▐▀
▀▀██████▌▐█████████▀▀
▀▀▀█▌▐████▀▀▀
10% CASHBACK
          100% MULTICHARGER
   ▄▄▀▀▀▀▀▀▄▄▄
 ▄▀▀▄▀▄▀▄▀▄▀▄▀▀▄
▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀
▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄
▀▄▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄
 ▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀█▌
   ▀▄▄▄▀▄▀▄▀▄▄▄████
      ▀▀▀▀▀▀▀███████
   ▄▄▄▄▄         ▀▀███▄
 █▀█████▀█          ▀███▄
███ ███ ███           ▀███▄
▀█▀ ███ ▀█▀             ▀███▄
 ▀▀█████▀▀                 ▀██▀
Gozie51
Hero Member
*****
Offline Offline

Activity: 2506
Merit: 624

Leading Crypto Sports Betting & Casino Platform


View Profile
March 12, 2024, 01:38:17 PM
 #20

The most important reason wey make the rich dey continue dey rich be information and this information waka reach every aspect of life. Like for example, some poor people no sabi say bank fit give them loan so that them go pay later, dem no kuku sabi the process but rich person get such information and he is tapping on it. I tell you most businesses wey you see big men dey do, dem dey run am under loan through the bank partnership.

Another reason be say rich people get moral to invest money. Although dem already get money because poor people excuse be say dem no get money to invest but even when dem get that money dem no go still know how to utilize the money. Rich people get mind to invest so long dem see viability of investment.

Them dey also dey futuristic and not just to dey look at the immediate. Like a typical example na this Bitcoin price wey don begin dey bull now at $72k ATH, some people don dey do DCA since wey price dey below $30k, so tell me now wey price don high like this, you know see say na better cash depending on quantity wey person buy and the price go still high more.

So the points for me na information, mind to take futuristic risk.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!