UTON Blockchain (OP)
Newbie
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Activity: 10
Merit: 0
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August 26, 2024, 09:07:50 AM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
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Apocollapse
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 10:08:50 AM |
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Without understanding how investments work, you’re likely to lose money in the market.
It's more than that, many people are scared of volatility, but they didn't scared to see their money lose over time. People think investing in time deposits, bonds and gold can make their money grow, but actually they still lose their money even though not as high as savings. However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
That's why dumb phones is rising. 99% people wake up always check their phone first, read shitty macro problem, dramas, politics, luxury lifestyle etc that will not bring any effect to us. Then they will spend their time to chit chat with friends or partners instead of learn a new thing. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimgvb.com%2Fimages%2F2024%2F08%2F26%2F9af806cb6c01f9a7a22c9775a282710f.jpg&t=665&c=obmYqiyr3BbLcA)
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Dr.Bitcoin_Strange
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August 26, 2024, 11:47:20 AM |
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Different principles worked for different men. Naturally, some people are just lucky, or I can say that they are often privileged to have good opportunities at all times. These opportunities make them explore. I remember I read the story of one rich man who said that he was already rich even at the age of fifteen, but then he had no very good knowledge of how to grow the wealth or preserve it. It was in the later year that he developed his knowledge to create more wealth. So, people are different, and the opportunities they get are also different.
Building wealth from scratch requires a lot of effort, knowledge, luck, hard work, passion, determination, mindset, etc. It doesn't just require your mindset to build wealth from scratch. You might have the mindset to be rich, but it might not come as quickly as you desire. At that point, passion and determination will keep you guided.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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passwordnow
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August 26, 2024, 11:59:02 AM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
That is why "knowledge is power". It's true that people that haven't experienced greatness and success in any trade that they do, they think that people that reaches to their peak of success is just a bunch of luck. But little did they know that those successful people went through a lot and they have studied their ways to success and how they're going to do that. It's not only about hard work but working smart with investments and the trade and path that they've chosen to take. However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
And this is the reason why I am avoiding to debt. The system is designed for that and everyone is being directed that it's normal and okay to get into debt. But the rich ones are doing it slightly differently, they are also into debt but they're using it to leverage their assets and maximize the usage of that money because as what your title says, they have the understanding on how to go with the flow of the system and how to use it into their advantage.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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mirakal
Legendary
Offline
Activity: 3234
Merit: 1291
Leading Crypto Sports Betting & Casino Platform
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August 26, 2024, 12:10:47 PM |
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Different principles worked for different men. Naturally, some people are just lucky, or I can say that they are often privileged to have good opportunities at all times. These opportunities make them explore. I remember I read the story of one rich man who said that he was already rich even at the age of fifteen, but then he had no very good knowledge of how to grow the wealth or preserve it. It was in the later year that he developed his knowledge to create more wealth. So, people are different, and the opportunities they get are also different.
Building wealth from scratch requires a lot of effort, knowledge, luck, hard work, passion, determination, mindset, etc. It doesn't just require your mindset to build wealth from scratch. You might have the mindset to be rich, but it might not come as quickly as you desire. At that point, passion and determination will keep you guided.
I guess everyone of us here set a goal to be rich, but the problem is, not all of us have given equal opportunities to achieve that goal. While some may struggle to get rich in the process, some are just privileged enough that they can easily get rich even without putting a lot of hardwork and efforts, connections is the key. Accept it or not, it’s not the mindset or the attitude of an individual that will set him to get rich, but having good connections is the trend. And rich people have more connections than the poor ones, that’s why when poor individuals aim to get rich, it may took a lot of years before he will achieve that goal.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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davis196
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 12:32:10 PM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
You have to ask yourself "Why do I want to become rich?" There are several possible answers: 1.To live a comfortable lifestyle and to consume luxurious goods and services. This is called consumerist imperative. 2.To attract high quality women and create a great family(or to just have a good time having multiple girlfriends ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ). This is called biological imperative and it's linked to the consumerist imperative. 3.You want to have some money put aside for a rainy day, when things get worse. 4.You want to brag about your financial success and enjoy a higher social status. 5.You want to fill a certain emotional void. I'm not a psychologist and I don't want to get deeper into this topic. Those are the factors that drive our greed and the desire to become rich. Most of us can't escape those factors, some people can. They are called monks.
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Adbitco
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 01:11:16 PM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
There is something i would want to clear here before going further, look getting prosper or becoming wealthy doesn't come from the level of our understanding and connections, but what matters is that how painful you seems to have hate being poor or staying without having the necessary things to make life sweet and simple for you, when you have this at back of your mind you would never sleep 10 hours per day without being upset of yourself and lifestyle. Now let dive down.. Attitudes + Knowledge + Skill + Luck is what gives us success towards everything we do, that is why when any of this is missing in a man or in people who are succeeded you would see that it will be hard for them to maintain and sustain it for long time. But anyone who has this in them would find it hard to get back to their previous stage instead would growing exponentially.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Kelward
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August 26, 2024, 01:32:20 PM |
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Becoming wealthy requires the right mindset to succeed without it the person will not have the zeal and passion to push through the hurdles to success. Nobody knows it all so it's also important to have wealthy role models that will inspire you to succeed, you can follow their wealth history as a guide to understanding their own peculiar journey to success. There are rules to follow if you must become and remain wealthy, for a start you must learn to live bellow your income. Rich people spend from the surplus that they have while the rest spends their entire capital and remain poor.
I must admit that beyond having the right mindset to succeed, you need to be in the right place at the right time otherwise your mindset will not materialize into wealth creation. When You're in an environment that doesn't accommodate your growth, it'll be very difficult for you to breakthrough, you must find a way to leave that comfort zone. Time and chance matters if you must breakthrough, be prepared mentally with the right skills and tools (it could be money) then grab the opportunity to make a difference when it's time.
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slapper
Legendary
Offline
Activity: 2030
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
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August 26, 2024, 01:35:43 PM |
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Understanding is the whole damned ladder to financial independence; it is not a step. You want to build wealth? You really must get your hands filthy. Markets, businesses - understand how they work, or you're just gambling
It's about insight not about time. Not only should you ask "how much?" Ask "why?" and "how?" Go deep and challenge everyone. This is about developing a mindset as much as about money. Knowledge above rapid profits. That's the main
Driven by uncertainty and need, we are always pursuing new things. It's a trap; a never-ending circle. We spend, not because we need to, but because we're told to. Consider it: Are you merely feeding the machine or are you really purchasing something you need?
This is reality, not some philosophical trash. Know the powers influencing your financial life; else, you will be controlled. That is basic
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Roseline492
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 02:03:44 PM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
In terms of becoming reach some certain elements could also make someone to become reach such as connection which in other words considered as luck but most importantly hard work, though understanding is very crucial because is like the ingredient that makes someone to have a focus or direction because anybody who go into a business without really understanding the kind of business that would be very suitable for them to manage tend to fail so actually before starting up a business there are so many things that should be considered or put in place such as identifying the consumer needs on that area you wish to startup the business and packaging it in such a way that it will attract customers. However in regards to social media I don't believe it has any influence on us in terms of affecting our focus on something unless the person does not no what they want.
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Casdinyard
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August 26, 2024, 04:15:05 PM |
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Which is why upskilling, no matter the field you're in, is important.
You're only as good as your best work (obviously) and with the current trend of things being that you need to work hard, even harder than before and even more than your boomer grandpa, to even be compensated fairly, the constant need to be better is prevalent now more than ever. Even more evident in the crypto scene, where creators, investors, and even traders who are defined as good at what they do are the only ones who reliably earn money, while the rest of us end up as exit liquidity in some cases. Not saying we should perpetuate this kind of set up cause that's bullshit, but also not saying we should just blame them for everything and relinquish all forms of accountability in replacement of spite.
Let's be more skillful, more smart, more hungry to learn and earn. I think that's all there really is to earning and being wealthy, those with the drive to do it, bag it, those who don't, end up as freeloading sons of mfers.
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Dr.Bitcoin_Strange
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 04:19:09 PM |
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some are just privileged enough that they can easily get rich even without putting a lot of hardwork and efforts, connections is the key.
but having good connections is the trend.
That's why I said that some persons have more readily good available opportunities than others and when these opportunities are utilized effectively, it can make the person archive their desired goal qucickly compare to others. Like I earlier stated most of the factors that contribute to building wealth, having good connection is also a good factor.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Juse14
Sr. Member
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Duelbits
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August 26, 2024, 05:22:06 PM |
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I agree that mindset is an important part of success, particularly in investment and business. Knowing how the market operates and understanding the risks will make one never be a failure, without this keenly following people are bound to fail. However, I do agree with your point on how the capitalist system (currently) is designed to promote consumption plus debt which makes us vulnerable to bad financial decisions.
While mindset is crucial, the pull created by the external environment in making us want to spend more cannot be sidelined. It does get tough to stay committed and discipined with such social and economic pressures. that ahve been mounted on us. However, knowledge and awareness can certainly help us fight these systems pushing us the other way by unlocking our wealth potential.
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Die_empty
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2024, 08:07:31 PM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth. Some religious people spend so much time thinking that divinity will make them successful. They put in more effort in religious rituals and zero effort in other economic activities. I believe in God, but the orientation that I like is based on only divine Providence, and luck is the highway to failure. Mindset is usually a product of the information we take in. If you don't get the right information, you will always make mistakes. These days, quality materials can be easily accessed through ICT. One doesn't need to go to a conventional school to be skilful in an area; ebooks, videos, and audio are enough to equip you. However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
Self-control and budgeting are necessary in this present world. If you cannot control how you spend your income, you will never be free from the rat race. I don't change my car or belongings because a new version has been developed. I replace them to get more value or when they are faulty. If you don't cut costs in this inflation-ridden economy, you might be deeply in debt.
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Qiubell5
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PredX - AI-Powered Prediction Market
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August 27, 2024, 12:33:13 AM |
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some are just privileged enough that they can easily get rich even without putting a lot of hardwork and efforts, connections is the key.
but having good connections is the trend.
That's why I said that some persons have more readily good available opportunities than others and when these opportunities are utilized effectively, it can make the person archive their desired goal qucickly compare to others. Like I earlier stated most of the factors that contribute to building wealth, having good connection is also a good factor. Everyone has the opportunities to gain brightness in the future, it depends on us to take advantage of the opportunities itself by looking and thinking carefully, I am sure with the interests and skills that you have, it is easy to go through it all, although the opportunities for wealth that we get there are challenges that we will encounter.
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el kaka22
Legendary
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www.Crypto.Games: Multiple coins, multiple games
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August 27, 2024, 03:14:21 AM |
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It is also courage, and I mean it. A lot of people can see chances, a lot of opportunities, but they do not have the courage to do the work, and be wrong. I have a friend who is very smart, and I mean like he is seriously capable of building anything he sees just once online, he is a great dev wizard, and he just likes to collect his paycheck and work 9-5 at some dead end job that he dislikes because he prefers that over uncertainty. If he decided to quit one day, he could build the greatest crypto project, because he can add any feature you want in it, and yet he won't do it because he thinks he will fail.
Of course he is not wrong, he could lose, he could fail, he needs huge marketing budget too, and he needs to get people hyped, all of which is very hard. But in the end, he could do something else too, non-crypto related, but he never takes that chance, he just keeps his job and does whatever he needs to do without taking any risks at all.
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Wexnident
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August 27, 2024, 04:27:03 AM |
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~
Naturally lol. Incompetence will naturally discovered overtime so even if you somehow manage to get lucky and hit something big once, it's only going to be replicable. At least not until you actually understand how you even hit in the first place. Pretty sure it's easy to find examples amongst people who invested in meme coins and got lucky, proceeded to invest in meme coins again, and just lost everything. And as for the way society is pushing us, it's just businesses capitalizing in human greed. It can be greed for attention, money, whatever really. It isn't even anything bad imo, it drives progress after all. Just that as always, too much of something will always be wrong.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Bitco55
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August 27, 2024, 08:45:34 AM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
You know, when I first saw the topic of the thread, I said to myself " but there are people who are really smart but still don't earn" and this is true. But reading through the posts and comments, I see it talked about spotting opportunities, the right mindset, avoiding societal traps, etcetera, and how all these could be linked to one's financial understanding. That's true, but I won't directly connect one's ability to earn to their understanding, what I can directly connect ones ability to earn to is their courage and the bravery to take a step despite the risk. I've seen people who are literal illiterates and still earn. They hire people who are smart enough to do the hard maths for them and they do their stuff. All these factors individually, learning about investments, getting a skill, identifying opportunities, and so on, are all useless if you can't take action. So, I'd rather say " you can't earn beyond your level of courage/ability to face risks".
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Iranus
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2024, 09:57:59 AM |
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It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
However,let’s be honest: We’re all operating within a system designed to push us toward spending and debt. Capitalism thrives on consumption, with everything — from ads to social media to the way jobs are structured — nudging us to chase the next shiny thing.his fuels dissatisfaction and endless comparison, making it harder to stay focused on what truly matters.
You know, when I first saw the topic of the thread, I said to myself " but there are people who are really smart but still don't earn" and this is true. But reading through the posts and comments, I see it talked about spotting opportunities, the right mindset, avoiding societal traps, etcetera, and how all these could be linked to one's financial understanding. That's true, but I won't directly connect one's ability to earn to their understanding, what I can directly connect ones ability to earn to is their courage and the bravery to take a step despite the risk. I've seen people who are literal illiterates and still earn. They hire people who are smart enough to do the hard maths for them and they do their stuff. All these factors individually, learning about investments, getting a skill, identifying opportunities, and so on, are all useless if you can't take action. So, I'd rather say " you can't earn beyond your level of courage/ability to face risks". It is naive to think that only people with knowledge, education and degrees can make a lot of money and the rest cannot. In theory yes, but in reality, our world doesn't work that way. If we have knowledge but no courage, do not dare to take risks, then do not blame fate that we are not luckier than others. While those who know they are not good but still dare to take risks, step out of their comfort zone and dare to make trade-offs, the results will be completely different. Not to mention, wealth sometimes comes from relationships, luck...this is not new and there have been many such cases. In short, wealth comes to us in many different ways, there is no single path or formula when it comes to wealth. But in life, we cannot wait for luck to come to us because there is no guarantee. So instead, try to improve our knowledge, work hard, try to step out of our comfort zone...seek wealth and wealth will come to us.
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dezoel
Legendary
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Leading Crypto Sports Betting & Casino Platform
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August 27, 2024, 03:08:10 PM |
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It's more than that, many people are scared of volatility, but they didn't scared to see their money lose over time.
People think investing in time deposits, bonds and gold can make their money grow, but actually they still lose their money even though not as high as savings.
What is more than what he said? And what you said there is actually the ones that he was talking about. Though those people got a point or I mean they are right that we should not be scared especially about the volatility because it is actually the ones that can help us to make money. It is when there is a drop in price we can buy low and then sell high once it moves upwards again. You cannot compare saving with investing because in investing, we are not totally a loser as long as we don't sell but in saving, we can be a permanent loser due to inflation. That's why dumb phones is rising.
That's witty! Now I know why you use an old phone there in your pic because they are also dumb compared to the phones now, that is why they are called as smart phones but it can as well make us dumb if we will use it the wrong way or became a slave to it.
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