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Author Topic: What are the rich thinking?  (Read 571 times)
Hewlet
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September 23, 2024, 03:23:06 PM
 #21



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!

you can easily understand what the rich are thinking and the kind of life they're living if you've actually grown as a person and you're enjoying a lot of the things you didn't have access to in the past when you were much poorer. It's true that at every financial state, the urge to get more wealth is always there which is why economyst refer to human wants as insatiable but what's the case is that with more riches comes the ability to meeting most of your problems. Regardless of the amount of coin you have be it big or small, you will certainly be bothered about the security of your account. For the rich, a good fraction of them have alternative means of income and if one means gets compromised, they can still sustain themselves with other sources they've already created with the wealth they have.

As long as the wealthy person got his wealth from a genuine source, no amount of thought that comes with being rich will equal the devastating consequence and torture that comes with being poor and having a need without the financial means of meeting those needs.

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September 23, 2024, 03:24:59 PM
 #22

Rich people have a different approach to money than poor people. For example, a poor person would rather spend his money on clothes, jewelry, the latest iPhone e.t.c than to invest in a business or asset. Poor people go broke many times trying to look rich and impress other poor people in their environment. Rich people buy real estate and then use the profits from that investment to buy something they want. It could be a luxury car or a new home. Rich people understand the value of investment and having a steady stream of income.

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September 23, 2024, 03:43:51 PM
 #23

Both rich and poor aim to gain life's future progress and productivity. However, with rich people, they don't just stop there and settle when they have achieved their goals, but will continue to long for more because being rich isn't enough, they need to get richer and richer until they don't need to work already and just rely on their wealth and sustainable sources of profits.

While poor on one hand, once they have achieved their goals, they try to relax and live the best moment of their lives, not realizing that they could have achieved more if they continue taking advantage of the opportunities.

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September 23, 2024, 03:57:11 PM
 #24

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.
No. Secret Playbook? It didn't came to my mind TBH. I mean the only difference between me and the rich is: knowledge, money and the kind of lifestyle that they have. They might be stressed with their crypto portfolios especially those inexperienced ones, but I believe most of them aren't stressed at all because investing in cryptocurrency is almost like investing into business as well. They know already what to do in different situations. At least that's what I believe.

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!
That's the worst advice that I can hear from a newbie. Hold? And hope for the best? Rich people don't think like that LOL!!! You know what they have that most poor people or even most investors don't have? Strategy. The rich doesn't just hope for the best, but they have a strategy that will help them make more money. Hoping for the best is a mindset for the poor. If you want to be like those rich people out there, learn to have a strategy in every investment you have.

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
The rich have different mindset compared to poor people. That's why the rich become richer while the poor becomes poorer.

 
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September 23, 2024, 04:12:40 PM
 #25

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?
You can't expect everyone to think the same because they have different mindset and perspective let say i could be thinking of buying more thousands of bitcoin and hold for decades this could be 12-20 years coming while others may likely be thinking of buying this very moment to utilize the next year bull run. Meaning they might only be concerned about upcoming bull run while some others have long term projection, or could be thinking of what to do to keep my bank account getting large extremely while others thinking of what to do to cash out immediately there is a little market variation or differences.

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September 23, 2024, 05:40:45 PM
 #26

Both rich and poor aim to gain life's future progress and productivity. However, with rich people, they don't just stop there and settle when they have achieved their goals, but will continue to long for more because being rich isn't enough, they need to get richer and richer until they don't need to work already and just rely on their wealth and sustainable sources of profits.

While poor on one hand, once they have achieved their goals, they try to relax and live the best moment of their lives, not realizing that they could have achieved more if they continue taking advantage of the opportunities.

I think what you said is not entirely true if we assume that poor people tend to stop immediately after achieving their goals. Because, in my opinion, there is nothing wrong with enjoying the fruits of our labor and relaxing for a while. The problem is when we are so caught up in this enjoyment that we forget that the world keeps turning, and opportunities always come. If we are too relaxed and do not try to take advantage of the opportunities that exist, then we may risk losing those opportunities. Therefore, we experience difficulties or poverty again just because we realize too late that efforts must be continued.

Finally, those who have succeeded before can struggle again not because they are incapable, but because they do not have the mindset and ignore the dynamics and opportunities that are always there. So, the balance between enjoying the results and moving forward is very important.

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September 23, 2024, 05:45:57 PM
 #27

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
“Success has nothing to do with IQ, the key lies in reason” - Warren Buffett. Actually, I am not rich and I have the same question as OP, maybe I should find a way to make friends with rich people to learn about their thinking. Lol. The difference in reason is that rich people dare to think and dare to do, as well as they have the ability to do the opposite. For example, when bitcoin reaches ATH and we think they have sold, they Hodl and wait for the adjustment, they buy again. They are not afraid of that.

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September 23, 2024, 06:23:25 PM
 #28

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
There are slight differences in mindsets, but the rich are not so different from those who are not rich. Asides those who were born into wealth, it completely requires a big level of dedication to go from an individual who is poor to someone rich. So people who have actually transformed themselves into wealthy individuals possess a higher level of dedication to work and investments than the average individual, that is their uniqueness.

It requires another level of dedication to be stay rich after becoming rich even if you are born into wealth.

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September 23, 2024, 06:40:39 PM
 #29

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?
I always thought that rich people were very smart, and intelligent and knew something that others didn't know but once I became a UI/UX designer and started meeting with stakeholders and investors, I quickly understood how wrong I was. Rich people aren't smart, they got rich by luck or I don't know and then hire people to create a new business. Highly educated people who finish university work for rich people because we live in capitalism and it's hard to start your own business without good capital. Rich people hire the right minds, ask them for advice, give them money to make ideas happen and that's how they live. HODL has nothing to do here and not every rich person has a crypto portfolio. It might seem strange but too many rich people ignore Bitcoin.

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September 23, 2024, 06:46:22 PM
 #30

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?
The opportunities at their disposal are not the same, someone that has accumulated a great deal of wealth can then use that money to their advantage by gaining influence and other forms of power, so they do not face the same risks as we do as they can always get their hands on privileged information and make a lot of money this way, so for them it is way easier to maintain their wealth compared to the efforts we must go through to try to do the same.
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September 23, 2024, 07:20:29 PM
 #31

-snip-
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!
You said it all, they are not better than us (as humans) but they have more money than us, don't let us forget that. And money attracts more money and power, that's what they have better than us and this alone can make their living on earth better than the poor and average. However, I have never seen them as superbeings but as those who are privileged to have more resources than us.

As for HODLing, well, it is meant for the rich the most and not retail investors with a few investment values and higher responsibilities back home. Sad

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September 23, 2024, 07:33:15 PM
 #32

I know rich people and the ones that I know are extremely hard working. They live like poor people, working their assess off at 60 even though they have millions on their bank accounts.

There's a woman that's filthy rich that lives nearby but you wouldn't tell that if you saw her. She looks normal, doesn't walk around much, I see her maybe once a year outside or at a store because she's at work all the time. She's got people to do everything for her and she just sits at home and manages her businesses from there. It's a sad life if you ask me. Yes' she has a large house, but barely has time to walk around it.

Another rich lady I read in the news about bought his son a fast car and he killed himself in it and she's now battling depression.

Rich people are often lonely and sad. Don't envy them. Money doesn't bring happiness. You might think it does, but in the long run it's a burden. Make sure you have enough, but not too much.

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September 23, 2024, 07:47:41 PM
 #33

We have many responses and no one yet mentioned what THE RICH are thinking about:
Billionaire bunkers: How the 1% are preparing for the apocalypse
https://www.cnn.com/style/article/doomsday-luxury-bunkers/index.html


I know rich people and the ones that I know are extremely hard working. They live like poor people, working their assess off at 60 even though they have millions on their bank accounts.

There's a woman that's filthy rich that lives nearby but you wouldn't tell that if you saw her. She looks normal, doesn't walk around much, I see her maybe once a year outside or at a store because she's at work all the time. She's got people to do everything for her and she just sits at home and manages her businesses from there. It's a sad life if you ask me. Yes' she has a large house, but barely has time to walk around it.

Another rich lady I read in the news about bought his son a fast car and he killed himself in it and she's now battling depression.

Rich people are often lonely and sad. Don't envy them. Money doesn't bring happiness. You might think it does, but in the long run it's a burden. Make sure you have enough, but not too much.

Very wise words, coolcoinz. Money certainly doesn't bring happiness, peace of mind does help.
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September 23, 2024, 08:50:16 PM
 #34

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!
Some of them are born with silver and golden spoons and can inherent the riches from their parents. So, the real MVPs are their parents who have generated generational wealth and they're just enjoying it. It's true that they're humans too but they're more privileged compared to the ones that don't have money and are starting out their journey to become wealthy. What do they think? they think of working their ass off so that their riches won't be gone out as they enjoy it.

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
They have a different mindset compared to the average people. They are willing to take risks and that's why they're also getting huge reward results.

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September 23, 2024, 09:06:08 PM
 #35

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

Money in its own sense creates another kind of personality for each person. And it depends on how rich or how well you manage your funds. Yes the rich folks has a lot of taught going on in their mind, things like whats the next investment they could probably poor their money into and become even richer. Every taught they make differs from that of the average or poor as they might not be think of investing but a way to survive. When it now comes to BTC, the rich will also have the eagerness to buy more and hodl because they literally have enough money to spend on other things. Again for the average man, he might be scared that he losses his investment and probably sell earlier.

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September 23, 2024, 09:21:31 PM
 #36

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

You’re not missing out on anything. The rich are just another kind of people like us with a more diverse thinking mindset. They tend to look at disability in every possibility they see that comes for them. They’re always maximizing their opportunities and never to think that another one will come if they don’t maximize the current one. The rich are always looking to see how their money will grow more just like how the poor will also be looking for a ways to see their portfolio get bigger by investing more.

We are all the same, just that we may have the same priority but different interest. The investment by the rich and the poor in crypto investment will also differ from another base on the sacrifice done into it earlier which are not simila, so the outcome will also differ. The rich are getting more for what they’ve put in while the poor are getting little as much as they’ve put in also.

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September 23, 2024, 10:51:04 PM
 #37

We poor people think the opposite of what the rich think.  Our thoughts may sometimes match the thoughts of the rich but we cannot turn those thoughts into reality. Rich entrepreneurs think positive thoughts in any situation but we can't control ourselves in bad situations and we can't think anything positive at that time. Rich people know very well how to grow a small business while we are shy to grow our small business.

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September 23, 2024, 11:03:35 PM
 #38

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
We're not missing anything about them. They're all the same and thinking of one thing and that's to make themselves richer.

You see, the rich becomes richer because once you get to the top you don't wanna be on the bottom. And with that, they're doing everything they can to maintain their positions of being rich.

They get into several ventures and they have entrepreneur mindset and maybe that's what the whole difference of them and a commoner.

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September 23, 2024, 11:47:45 PM
 #39

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
The rich have different mindset compared to poor people. That's why the rich become richer while the poor becomes poorer.
There is a parallel line in between the mindsets of the two - rich and poor. They think very differently.

The rich is always quick to grab opportunities to invest for the future but you see the poor he always set his mind at the present output.

Rich people invest in knowledge while the poor see investment in knowledge as a waste of funds that could be spent on meeting immediate desires or pleasures. For example: a rich amn could spend a $100 bucks to purchase book for the sake of the content of that book, something the poor will give a hundred reason why he see no need to spend such bucks for a book. Lol.

And the worst of all poverty is that of the poverty of the mind/mentality, it constraints an individual from going the extra mile to effect a positive change of life.

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reagansimms
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September 24, 2024, 01:45:02 AM
 #40

Don't focus too much on what rich people think, they have reached the stage of Financial Freedom with more zeros in their bank accounts or investing in Bitcoin in preparation for a Recession or economic collapse to save their wealth. Stop pointing the mirror at others, look at yourself once in a while and ask yourself what you need to do to become rich. Look for the point where you can make huge money, Investing in Bitcoin is the best way for you to create your own wealth in the future. Start allocating a percentage of the money you earn to invest in Bitcoin, the DCA strategy allows you to own Bitcoin consistently in the long term.

 
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