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Author Topic: Motivation For Bitcoin.  (Read 121 times)
Assiduous (OP)
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June 26, 2024, 10:42:03 AM
 #1

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.
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June 26, 2024, 11:19:42 AM
 #2

Where's the source? there are only 2,781 billionaires in worldwide, I don't think you can say such amount is "most people" when the world population is around 8 billion people. Don't exaggerate "investment" even you invest $10 Million in real estate or Bitcoin, it's still not enough to become billionaires.

You can earn billion of dollars by investing, but make sure you're a multibillionaire first.

Forbes has released its annual list of the world's billionaires and in 2024, there are more people on the list than ever — and they're richer than ever.

There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion in 2023.

R


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June 26, 2024, 12:44:40 PM
 #3

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.

Well maybe if you are a early adopter of Bitcoin and at least a lot of stash back then that you didn't sell, then maybe by this time, you are a millionaire already. But obviously, since we don't have the numbers as Bitcoin address has no names attach to it, we really don't know if they indeed become a self made millionaire or have sold their Bitcoin as early as they can if they doubled their profits already.

So only those who have millions already can invest right now and make more money. For average joe like the rest of us, it could be very difficult to accumulate even .5 BTC to 1 BTC.  You can look at this link:

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

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June 26, 2024, 12:59:17 PM
 #4

Today most people earn billions of dollars through investments.
The other ways can be inheritance but people can get rich or get poor with time, no guarantee that you are rich today and will continue be rich next 10 years or 50 years.

Quote
Real estate investing can make people rich over time.
They can get poorer or bankrupt if they make bad investment, and it is true not only in real estate.

By that we have two principles:
  • Principle 1: Don't lose your capital, by that you must have good risk and benefit management, with priority is on control risk and avoid loss as most as possible.
  • Principe 2: Don't forget principle 1.

See how Sam Bankman-Fried bankrupted by investments.

A more detailed chart from LookintoBitcoin.com

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Faisal2202
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June 26, 2024, 01:41:18 PM
 #5

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.
You sound like, most of the people who earn billions are not rich, as rich are only earning in millions. I don't think it's a good motivational speech or words to motivate one to invest in BTC. As a newbie (or an old user) we should see the stats, like where BTC was 10 years ago and where it is now. If a person wants to do the comparison of BTC with real estate then its there own decision and analysis. The comparison of Real estate with BTC was a good one. As it also gives people a clear idea of which investment would have made them more money.

I think real estate has its own perks but no doubt BTC is highly portable, it can be sold to anyone in the whole world. There is no repairment, taxes, mortgages, etc. BTC is clean unless you are living in a country where it is banned then you might find it hard to deal in BTC.
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June 26, 2024, 03:16:12 PM
 #6

Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.

People no longer want to invest on physical asset because of the security and privacy levels in them, they also required for KYC in most physical investments, but with the use of bitcoin, you don't have to worry yourself on all these, instead, your asset will be the one working for you and you will be earning from it, create a motivation on bitcoin by seeing it as the most profitable asset of investment which is not centralized as others were, have a sound knowledge about bitcoin and also consider it as a means of achieving your financial goals and investments.

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June 26, 2024, 03:37:50 PM
 #7

I agree with you op, if you can be patience with your BTC business and hodl your BTC for long period of years before you ca sell, i guess you can turn to millionaire in the future because i have seen many people who used BTC profits to established other businesses that made them wealthy in the country.

I know there is money in real estate business, but you need to have big money before you can start such business in my country because you need to register your real estate with government before you will begin to see people who will be coming to you before you can start earning profits from the real estate.

If I succeed today from BTC  business I will surely add real estate to my business because it make someone to improve financially, and you will be comfortable with your Profits.

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June 26, 2024, 03:54:30 PM
 #8

Very little because of chance, all because of planning. Including those who you think are rich based on the sources you use for a post.
Investment is savings. If you are rich because of investment, it is not because of chance but because of a plan.
It doesn't have to be in real estate, but in any type of investment people can get profit. If you can't get rich, at least you won't live hard in the future.

Bitcoin is one type of investment that is currently very promising and may continue to be the most promising investment in the future as time goes by.

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June 26, 2024, 04:01:50 PM
 #9

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.
Bitcoin is a highly profitable investment so it’s not surprising that those who have been accumulating good amount of bitcoin since its early years and hold them until at the present, clearly they’ll turn into millionaires if they end up selling all their coins. The bigger the amount of bitcoin you’ve been holding, the higher the amount of expected returns.

However, for those who are just keeping a minimal amount, I don’t think becoming a millionaire is their goal, but most probably just to prepare a good and secured retirement in the future, something that can already sustain their necessities without getting them into debt.

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June 26, 2024, 04:18:34 PM
 #10

It is not impossible to become a Billionaire but you probably have about the same chances to become one as the chances to win a Lottery.  Every body pretends to know what the secrets are to becoming one but then none of them are Billionaires at the end of the day.

Luck plays an important role in my opinion too, so do circumstances.  Many of the Billionaires are not 'self made' even if they advertise themselves as being so.  I truly believe you need to meet the right people at the right time and have the right ideas at the proper timing too.  If any of us knew how to become Millionaires we would waste no more time trying other ways.

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June 26, 2024, 04:37:39 PM
 #11

We don’t need to compare Bitcoin investments with real estate investments. Both the investments have their own advantages and disadvantages. It’s just the people’s choice where they want to invest and how flexible they are with their investments. If you ask me, then I have seen the growth of Bitcoins and their exciting returns in a shorter period of time. For this reason, I will prefer Bitcoin investments over any other types of investments. On the other hand, real estate is a more stable investment and it is legalized by the government. So yes, motivation for Bitcoins can really be generated by seeing the returns in every bull season.

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June 26, 2024, 04:42:11 PM
 #12

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.

Millionaires and billionaires do not invest in bank deposits. Yes real estate is a think for sure but they usually earn most of their returns from investing in start up companies who have robust idea and a great execution plan. In times, such investments fetches way more return than bitcoin.

Bitcoin investment can be tricky and a lot depends on the timing of getting into the market. It can surely create wealth if you stay put for a longer period of time but it has its own risk as well like any other form of investment.

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June 26, 2024, 05:09:31 PM
 #13

Where's the source? there are only 2,781 billionaires in worldwide, I don't think you can say such amount is "most people" when the world population is around 8 billion people. Don't exaggerate "investment" even you invest $10 Million in real estate or Bitcoin, it's still not enough to become billionaires.

As far as I understand, @OP does not say that most people are billionaires but rather most of the billionaires are created through investment.  This mean many of the billionaires are rich today because of their involvement in investment ventures.

It is not impossible to become a Billionaire but you probably have about the same chances to become one as the chances to win a Lottery.  Every body pretends to know what the secrets are to becoming one but then none of them are Billionaires at the end of the day.

I think it is less harder than winning a lottery.  If a person have enough knowledge, influence, funds, great in financial management and a country to support his business ventures, then that person can become a billionaire one day.  Being a billionaire does not depend solely on luck like winning the lottery but rather depends on the wise decision a person make.

Luck plays an important role in my opinion too, so do circumstances.  Many of the Billionaires are not 'self made' even if they advertise themselves as being so.  I truly believe you need to meet the right people at the right time and have the right ideas at the proper timing too.  If any of us knew how to become Millionaires we would waste no more time trying other ways.

True many of the Billionaires today are not self-made but what about their ancestors that work their way in accumulating wealth?  Lottery draws as far as I know only created a few billionaires unlike investments and businesses.  Many people believe luck help out these self-made billionaires but I think it is their motivation, hardworks, knacks, smart decision and influence(and the blessings and guidance by the Powerful One for religious people).

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June 26, 2024, 05:16:56 PM
 #14

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.
Investment like bitcoin is good one and their is no doubt that investing bitcoin will bring good profit if one is able to invest longterm. Investing in Bitcoin don't make people to become rich , it has the potential of giving good profit especially when it is longterm investment .you can only become rich investing bitcoin if you hodl for decades without selling. People who earn billions of dollars from their investment have multiple sources of income..

Just invest the amount you can afford and try to get other means of generating income , no need planning to invest bitcoin to become rich because this mindset can you to be very desperate of making money quick from your investment.

R


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June 26, 2024, 05:37:56 PM
 #15

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.

Well, it depends on the level of investment and how much one can afford to invest. We can't compare investments that billionaires make with Bitcoin investments because when you are investing in real estate, you need a lot of money to start because you can't buy a property with $50 or $100 or something, but when you are making an investment in Bitcoin, all you need to start is $10 because you can buy $10 worth of Bitcoin without a problem.

Billionaires won't need to invest money in Bitcoin for profits because they already have enough active companies and investments, even if they think about it, they wouldn't need to wait a long time because they can invest large amounts and sell as soon as they are getting some profit and repeat the process.

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June 26, 2024, 08:49:28 PM
 #16

Where's the source? there are only 2,781 billionaires in worldwide, I don't think you can say such amount is "most people" when the world population is around 8 billion people. Don't exaggerate "investment" even you invest $10 Million in real estate or Bitcoin, it's still not enough to become billionaires.

You can earn billion of dollars by investing, but make sure you're a multibillionaire first.

Ahhhh, this is the motivation on motivation for me, as I got my goal today, I need to be a millionaire first, to be a billionaire Doesn't it seem like from day one I was chasing the wrong target?

Haha buddy that was for fun only, I do agree with your views, people just exaggerate Bitcoin investment with the Jackpot scheme to be rich overnight, if you want such overnight shocking results just chase meme coins even if they cant help you out, go for gambling yup I can assure you you'll be a millionaire if you are a billionaire. (That was also for fun).

Guys just enjoy, good and healthy profits you can't die with money, and in the end need to be buried under just 6 to 7 feet of the ground. If you had a good meal, you are sleeping well, able to move with will, just be Thankful to Allah weather this comfort is due to your 9 to 5 job, or due to job + BTC investment etc etc. Just Chill.

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June 26, 2024, 08:55:37 PM
 #17

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.
That's right, first of all, you need to be focused on where you are investing and when you're able to make money from it. That's how you're going to diversify your money and make other investments. While the others, haven't made any money yet but then, they're diversifying to every asset that they have found and think that they'll able to make that much money from doing so. They're right with that but most of the rich people focus first on one asset and then moves later on when they're able to see that focus booms.

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June 26, 2024, 09:14:52 PM
 #18

Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.

People no longer want to invest on physical asset because of the security and privacy levels in them, they also required for KYC in most physical investments, but with the use of bitcoin, you don't have to worry yourself on all these, instead, your asset will be the one working for you and you will be earning from it, create a motivation on bitcoin by seeing it as the most profitable asset of investment which is not centralized as others were, have a sound knowledge about bitcoin and also consider it as a means of achieving your financial goals and investments.
More importantly, it is the centralization of these physical assets that people tend not to want to invest in them. Especially the government and other private central authorities are taking things too personally, blinded by greed that whatever they do must be beneficial to the without them experiencing any loss. If it is not beneficial to them they will execute one rule that will make things work for them as planned. Investors don't want such things where their money is being put into. It is difficult to make money these days that is why any money a person have should be kept in a place where it is safe whether they are investing or saving.

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June 26, 2024, 09:20:10 PM
 #19

Today most people earn billions of dollars through investments. Some of the richest people in the world also own millions of dollars in investments. Anyone investing in real estate, or an industry, because they know that a million dollar income is possible with just one investment. Real estate investing can make people rich over time. In the same way, a person can become a financial magnate over time in Bitcoin investment. Just be patient and keep investing.
Investments are probably the best key for now to get rich, most particularly if you come up with highly profitable investments. Be it real estate or stocks, or even bitcoin, as long as you know how to manage your investment well so you can keep attracting consistent profits despite of its high risk, then your investments will definitely lead you earning millions in the long run. Just be patient and keep persevering, in no time your financial goals will definitely be put in realization.

R


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