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Author Topic: What are the rich thinking?  (Read 571 times)
UTON Blockchain (OP)
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September 23, 2024, 09:58:14 AM
 #1

Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.

In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
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September 23, 2024, 10:21:38 AM
Merited by Issa56 (2)
 #2

I think this post will probably fit in bitcoin discussion since that's what you emphasize on.

Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually.

They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way.











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Solosanz
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September 23, 2024, 10:37:30 AM
 #3

Do you ever thought to control the whole country? that's what the rich think.

Middle class people didn't even understand about laws and regulations, while the rich already think what kind law and regulation they should propose in order to make their business gets bigger/survive and make them gets richer.

If they're the one who can control the country and add/discard the laws, they already know what will happen next.

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davis196
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September 23, 2024, 10:48:21 AM
 #4

Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us".
Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer.

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September 23, 2024, 10:59:26 AM
 #5

Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.

In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
Yea, it's quite true that the rich sees differently, we live in a world where no one will come to your rescue if you are living in abject poverty, so  as most of the rich this days, they mostly stumble into wealth through inheritance, or like the way they usually call it, getting involved in the family business, and in such a senerio it's very clear that the foundation has been laid already by their forefathers, so the mentality and foundation on how to make money is already in place for such rich fellows.

But talking of those rich fellows that wealth came into their family through them, to me, they are they real victors, and to be honest bro, they sees things differently compared to you and I, having a  fat account doesn't make you rich, what makes you rich is your investment already in place that can fund your daily lives comfortable without you having to work, just like what warren Buffett said, he said this and I qoute; if you don't know how to make your money work for you, just be ready to work till you die.
So my brother what separate  the rich and the poor is their ability to make their money work them, not by account balance.











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Dr.Bitcoin_Strange
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September 23, 2024, 11:00:19 AM
 #6

What the rich are thinking is how to increase their revenue continually and how to live comfortably on their dream life. The rich wants to create more passive income so that they can enjoy life in the later time when their investment is being productive and generating more revenue to them, but the poor wants to satisfied all of his immediate wants first. Some rich people make good analysis first before they invest in anything because they don't want to lose money unnecessarily but some others wouldn't mind the high risk of any investment they are going into, that's why some person lose money on scam projects.

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September 23, 2024, 11:03:10 AM
 #7

Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.

In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?

There must be an instinct or air of grace to a life of such relative ease. They deal with the same uncertainty as everybody else, just with other parts invested

pressure from investment market fluctuations Even a relationship, personal one, is not unique to that status. Sure, they might have better weapons to employ against the situation. But certainly, nobody knows it all.

It's all set to be an opinion show. Some people might take a riskier approach, some are even more preventative. But hidden fears and hopes, such as wanting to have a stable future - it's all very interrelated, yes, it's playing the cards you have. Doesn't matter whether you're holding a king or two!

Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us".
Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer.

Yes, that is true, hard work and social skills are essential factors in gathering wealth especially in my country around ASIA. differences in thinking Where the rich see opportunity while others focus on survival. It could greatly determine the outcome. However, I still believe in his eyes Many rich people struggle with the same fears and uncertainties. Their methods differ. But the human experience is still there. Interesting how different financial considerations color our actions- investment or just mere survival.

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September 23, 2024, 11:04:28 AM
 #8

Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.

In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?

This is very interesting topic for debate and discussion. Rich thinking is opposite of poverty mindset, which focuses more on scarcity, immediate gratification and fear of losses when making investment in risky assets. In contrast, rich thinking is proactive, emphasizes on long term growth, and involves taking calculated risks. The history of successful entrepreneurs demonstrates that they were bold in making decisions without thinking about fear of failure. In my opinions fear of failure the main obstacle to achieving success.

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September 23, 2024, 11:27:06 AM
 #9

I think this post will probably fit in bitcoin discussion since that's what you emphasize on.

Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually.
I don't get, like how else can we classify any one to be rich if we don't start with the number of zeros in their account. It's with those zeros they use to acquire properties and other assets which them accumulate to their network.

 
On the other hand if he or she decides not to use the residual zeros to create more zeros thay doesn't simply make him not to be classified still as being rich. For instance will we say that someone that owns $1billion and chooses not to do anything with it in creating more but holds it to himself, does that mean he/she is not rich? No!

They don't have procrastination mindset like some of you. They think of how to multiply and not how to impress society with fancy things. And lastly, they don't think about what others are thinking. They take action and seize opportunities that comes their way.
yeah all you said here about the rich people is true. They just have a different attitude about life and they don't keep unproductive company of people. And very significant about rich people is that they cooperate and connect so well to mutual grow each other, unlike the poor that is wanting in cooperation.

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September 23, 2024, 11:27:49 AM
 #10

Most rich people are hard working, ambitious and have great social skills. Those are the main differences between the rich people and "us".
Every rich person is thinking one thing. "How do I benefit from the situation?" Every person is thinking "how I survive until the next month with my low income". I don't think that rich people are "like us, but with fancier toys and more numbers in their bank accounts". Give a poor person lots of money and he will waste it in several days. Give a rich person more money and he will try to invest them and become richer.
Certainly, the state of mind severely affects how individuals deal with their finances. There is a tendency for a number of rich individuals to seek out opportunities and make the best of every chance that comes up, while those with less money are more susceptible to the survival trap. It can really affect how we work towards what lies ahead. As we begin to think ahead more strategically and we can access more opportunities.

Clearly, giving money to those who are in need is not guaranteed to secure smart management of those funds. Financial understanding and education in investing are important for all. Maybe we can support them with relevant information or resources that change their mindset and point their financial achievements upward. At times, a bit of knowledge can dramatically improve how we administer our finances and foster a more secure future.
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September 23, 2024, 11:37:23 AM
 #11

~
Wouldn't they have professionals managing those kinds of stuff? And I'm pretty sure that if they're THAT rich I don't think the loss of buying a vacation home instead of Bitcoin would hurt them that much. Unless ofc their goal was to always make money no matter what, and in that case, they wouldn't have missed Bitcoin in the first place since they'd probably looking at investment opportunities rather than vacation homes.

Also personally I'd like to think that they're thinking more on the hobby side of things, like stuff they want to create and stuff like that. Maybe a passion even. Pretty much stuff regular people would like to do when they have both time, money, and maybe even connections. Kind of like the nobles of the past maybe?

 
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September 23, 2024, 12:47:08 PM
 #12

firstly being rich is these days classed as those that spend alot and flash their cash in ways such as having expensive depreciating items on show
being wealthy is having the same large spendable amount but being wiser with it. re-investing it, buying assets instead of depreciables


many wealthy people dont hoard it all(untouched) for decades, they play the waves(ups and downs) of a market to acquire more assets/shares and then take out what they need to live on

EG if a market was to to go upto $70k three times and then dip to $60k each time they could
sell 1btc at $70k buy at $60k repeat 3 times and then get 1.58btc

alot of investors know the normal stock market only performs on average at 8% per year long term. so if there is a market wave of a increase or decrease of more then 8% in less than a year, they will take it, as each short term push of more than 8% adds up and means the per year also increases when added up which then when added up over multiple years cumulates to being alot of advantage compared to just hoarding non stop

the smarter level 2 plan is not to throw all assets at this plan. and instead mitigate the risk by only moving some of the coin, that way if the market moved in other direction(up further) they still have coin to take advantage of the opposite

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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September 23, 2024, 01:27:30 PM
 #13

While we are trapped on how to make money and achieve our goals and how to meet up with our daily family demands, the rich are already done with that and have set up their goals and are now investing in how to make more income to boast it for the future.

In the case of not buying Bitcoin instead spending money on vacation, we are all humans that are filled with unsatisfaction to craving for more, so when you miss an opportunity, you look for a place to blame it on. It's never the money they spend, but they wish to have had the knowledge of the Bitcoin investment before now.

Most rich people still work really hard, and most of them hardly take rest except on that vacation period and often work even on vacations.

The different level and different thinking, you can't have a Toyota and still thinking of having it, but you yell for greater, and it's the level we are that gives us how we think.
Once we get to that level, all your thinking changes.

Just like politics, when you are trying to secure a power, your thinking force is on how to get it, but once you get it, it's always how you can make use of it that comes into thought.
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September 23, 2024, 01:31:31 PM
 #14

Basically it is the same because we are humans who when talking about money then it is the same. In fact, we may often talk about the rich getting richer, well here they are actually still pursuing even greater profits. The difference is when rich people will be calmer in holding back, because they have a lot of cash reserves, a little panic may be yes, but that will only be felt by people who have not been in this crypto space for long, while those who are experienced they will be relaxed. I don't have to mention names in this case, because I'm sure we all know who the influencers or rich people are in this crypto space.
While people who are relatively simple, usually we will feel like we want to get profit quickly. I will not be hypocritical to say that I am one of them. Grin

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September 23, 2024, 01:31:47 PM
 #15

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?

We cannot generalize things, not all rich people are the same... there are good ones and bad ones, some think about how to make more money and be richer, and some are modest and enjoy what they have. Some are after more power and control, some just wish to be left alone.

In any case, we can't know what someone is thinking & how they feel until we get to know them better... there are too many people in this world, some are more or less rich in money, but money is certainly not a measure of happiness. So who cares about rich people and their mindset, take care of yourself and your closest ones. That should be everyone's focus.


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September 23, 2024, 01:48:27 PM
 #16

I do think we're on the same mindset with bitcoin investment. It's just that, they are more privileged and have bigger opportunities to invest more compared to the middle class people. And to add that rich people have more goals and life's desires. And it will be easier for them to achieve them because they have sufficient amount of resources in the first place, patience and persistence will be somehow developed throughout the process.

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September 23, 2024, 01:48:42 PM
 #17

I think this post will probably fit in bitcoin discussion since that's what you emphasize on.

Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account, I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually.

 I am trying to comprehend what you meant when you said classifying the rich and the poor based on their account balance is wrong.

Firstly, your net worth alone can speak for you; even your name can also speak for you, which is basically because of your net worth.
People are willing to invest in a place where they are sure of, which means for you to get that figure alone, you can basically handle the department.
You can't just not have the figures and expect people to invest in you. When one is trending, every company wants to have something to do with you because they also have a win at last, so the figures in your bank account speak too. Open for correction. 
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September 23, 2024, 02:04:08 PM
 #18

The rich have nothing to think about other than whatever it is that bothers them. Humans have lots of doubts, and uncertain decisions filled in their memory, and it seems like the rich undergo lots of stress questioning their wealth; whether it'll disappear someday. Hence, they spend lots of time wondering on methods that will continuously yield streams of income, and increase their wealth.

For example, what's Trump actually thinking? He's got the wealth, and all material achievements, but that's not his problem, it only troubles him to be the president of America, because he wants to stay in that position.

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Apocollapse
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September 23, 2024, 02:14:15 PM
 #19

Most rich people still work really hard, and most of them hardly take rest except on that vacation period and often work even on vacations.
Are you sure?

How about rich people who have a business with good system?

President (rich people) force the vice president to achieve "something", vice president force branch head to achieve "something", branch head force head management to achieve "something", head management force each head division to achieve "something", each head division force the staffs to achieve "something".

However, when they already achieve it, the one who get credit is someone who give the task (higher position) instead of the one who work for it.

In the end, the President did nothing, but he got all the credit from vice president to staffs that work for him.

Kcrypto18
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September 23, 2024, 02:50:12 PM
 #20

It’s tempting to think the rich have secret strategies, but in reality, a lot of their worries are probably similar to everyone else's. Whether it’s managing their investments or crypto, they’re dealing with uncertainty too, just at a larger scale. Sure, money offers more options and a cushion for mistakes, but it doesn’t take away the unpredictability of markets and life. When it comes to investing, everyone’s playing a game where no one knows for sure what’s coming next.
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