What are the rich thinking?

[Reatim]

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?

Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.

[uswa56]

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?

Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.

Anyone who wants to continue to make money to accumulate their wealth whether they already have a lot of wealth or a little and that's right as you said, those who already have a lot of money will certainly find it easier to save their money because every need they need has been fully met and in terms of saving, of course, it will be very difficult for some people who have a small income because not all the needs they need can It will also be difficult for them to have savings.

I think if we choose to store Bitcoin for emergency needs, of course this is not appropriate, but we have to keep the asset in the long term to make a profit from it, because if we save for emergency needs and when we need the asset is declining, of course this will be detrimental to us if we decide to sell it and I agree with in terms of saving money, of course it will be very easy for those who already have a lot of wealth.

[YUriy1991]

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?

Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.

I think, both the position of rich people or ordinary people I think is not much different, what we have to remember is that the conditions of this life are always changing and we cannot predict that it will always be safe, whether when we run a business, invest in crypto or others.

The level of stress that arises usually arises when we need money quickly, for example for sudden needs at any time and at that time there is none because we never prepared the emergency fund reserve option and previously we considered it trivial, plus market conditions that do not support it. If ordinary people to cover their daily needs but if they already have a lot of money, the level of need is no longer a basic need for their business so that it does not stall and collapse.

[FinneysTrueVision]

There are probably millions of people in the world who could be considered rich. We can’t group them into a single monolithic entity with the exact same thoughts and beliefs. Some rich people are very generous and charitable with their wealth, while some others are greedy and want to hoard and accumulate as much money as possible. They have gotten to where they are through various means. You don’t necessarily need to have a certain mindset if you just inherited your riches or if you won the lottery.

[mich]

Well I do think the rich crypto investors do think same way that we do normal people. They are investing in crypto to make more money not just for the technology of it.
It is the reason most people choose to invest in any sort of thing. Investing in something to hope for big gains in the future. The rich are also nervous when there is a 'bear market' and they do get happy for the 'bull market'.

[bakasabo]

I was always considering, that one of differences in mindset between poor and rich, is that first ones think how to spend, but second ones think how to earn. Which makes both parties think purchasing bitcoin, regretting for not buying when price as low, , both feel stressed when prices change, both are holding for individual reason (one hold to be able to buy something more expensive or spend more, other hold to be able to reinvest more).

[icalical]

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 got a point, but the "same game" for everybody is just not that correct. Yeah, rich people are human, too, but access to resources insulates them from financial risks in ways the rest of most people cannot match. For example, while the average investor might be sweating over a dip in his small crypto holdings, many well-monied investors have the privilege of taking long-term risks. They can hold during market downturns and wait for eventual rallies, such as the expected Bitcoin breakout later this year.

That said, sometimes the rich will also experience loss. Bitcoin alone lost 6.3% in September, and with economic factors such as the Fed's decisions and incoming elections weighing down the market, everyone feels strained on their portfolios. But for the wealthy, it's less about HODLing and hope than it is about diversification, hedging risk, and sometimes benefiting from market volatility in ways smaller investors can't.

[rhodelmabanal]

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 difference between rich and poor is that the poor is consumer and the rich are producer, the reach hold  btc or altcoins to produce more profit in the future while poor is always selling even if there is only a small earning, and then buy things that is not important and consume all profit thats the difference. But i think we can change that if we control our emotion.

[StreakW]

Behind every success, there are challenges and doubts. Maybe the mindset of the rich is more willing to take risks and focus more on opportunities, but in the end we all find a way to move forward. The key may still be persistence and the right strategy.

[Rockstarguy]

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?

Yes they are also trying to make more money but that is where the similarities end. They are not holding in fear that they will lose money because they still have more. Yes maybe it will put a dent on to their wallets but for the unprivileged holding is a lot more stressful. Because most likely that is all their savings or at least majority of it. At the back of their mind, they will always have the money in bitcoin that they can sell when it is needed for emergencies meanwhile a rich person wouldn’t have any problem in holding for dear life no matter what happens to him.

The rich and the poor just have a different mentality when it comes to investment. The rich believes in investing profits again to make the investment big but the poor always take profit for spending that's why their is no growth when you look into the poors investment. The rich and the poor always different target when it comes to investment.

The target of the rich when it comes to investment is to make wealth that is why the rich man tries every best to pump good amount of money in its investment. The target of the poor is to make profit and they find it very difficult to put in more money in an investment because of fear of lose. The rich people takes more risk and sometimes in taking these risk they come across much opportunities while the poor avoids risk just to lose of money and this also affecting investment in one way.

[el kaka22]

Rich people have easier time holding, when there is something wrong with our life, we need to pay somehow and sometimes it's so bad that we have to sell so we can pay for stuff, I had that for many times before and I had to sell to pay for stuff, whereas the rich do not have that, they are not forced to pay for anything right away, they can create more and more debt because the bank knows that they have what it takes to pay eventually when the time comes, they can pay their debt with bigger debt even, so it is not a thing that costs them anything at all.

I believe that the rich are doing all of this because they know that keeping your money invested is a lot more important than paying your debt quickly, and your assets are what makes you rich to begin with. I believe that's the biggest difference, they can buy bitcoin and no matter what they can hold without ever needing money, that is patience that could make you even richer that we do not have luxury to.

[Mr.sprin]

Behind every success, there are challenges and doubts. Maybe the mindset of the rich is more willing to take risks and focus more on opportunities, but in the end we all find a way to move forward. The key may still be persistence and the right strategy.

I agree bro, rich people on average have a lot of courage because they dare to take any risk, if poor people think a lot about the future, whether they will make a profit or a loss, especially since their capital is limited so they will have to think for a long time, when other people If they are rich at a loss, they still have other savings to use elsewhere, but poor people who have limited savings when they lose money will want to take money anywhere else, and in the end they look for loans from other people, which is basically rich people are more reckless than Poor people, even though everything has been arranged for their sustenance, we just have to live as safely as possible.

[ChiBitCTy]

I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving.  If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives.  They don't spend like people necessarily think that they do.

[HajiBagi]

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.

That's all, you have said, the rish people don't think about what others are thinking and also they take action and seize the opportunity that comes their way, in this life, you have to difference between the rich and the poor because we can never be the same, although we are the same human being but not with the same level, the zero that you think that differentiate between rich and poor people might not be the reason why we are not at the same level, did you believe that being rich is not easy and when you are not also destine to be rich you can't be rich but using an opportunity that can change your life is the best thing.

Another difference between the rich and the poor is that rich people always have a mindset to save and invest their money in something that will benefit them in the future but the poor can not because the poor person will be thinking about how to spend it on things that he lacks, I have never seen any poor individual invest before because if the poor person invests what is the meaning of the invest, no can invest when he or she has not been satisfied with life, so there are many different between rich and the poor.

[syedakhlaque]

I agree that rich people are human like us. You will find among them very organized, moral, dignified and humanity-loving and humble people.Yes, of course, just as there are people of every character in every class of thought and life, so there will be good and bad people in both the rich and poor classes.
So it is not right to hate the rich. While everyone is trying to get rich overnight somehow. And this is also his long-standing wish.
So it is that the evils born of wealth are hated and the human behavior that changes after wealth is considered bad. Not from humans.

[Peanutswar]

People have different environment and also opportunity made some people or rich ones already have the advantage but still it's up to them how they will manage their money. Most of the rich advantage I guess they don't complain too much and they seek for the solution and not for the problem reason why they have a step a head thinking even they have the more connections and money other people can do the same thing even in just small steps yes they have the money and we don't have if you are in the lower and middle class but you can get up yourself again don't blame others if you didn't get succeed in life it's on your actions.

[fuguebtc]

I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving.  If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives.  They don't spend like people necessarily think that they do.

That is true but as you said: it will depend on how "rich" they are and their personality . I have also met many rich people who live frugally and have even been called stingy and miserly. But there are also rich people who spend very freely, they have a simple concept of life that life is for enjoyment, and they think that earning a lot of money is useless if they cannot spend it on life.

Saving is a virtue ,  but sometimes if we focus too much on saving to maintain wealth and we forget to take care of ourselves and forget to enjoy life . So what is the point of being rich ? Instead ,  I like the idea that we should focus on finding ways to make more money instead of saving .

[Farhan99]

I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving.  If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives.  They don't spend like people necessarily think that they do.

Your father said that it is true but it was good in earlier times because there are many bad situations in today's times if you do business, it will be easy for you. But if you do a job, many difficulties will come for you, but you cannot become rich from it, but there will be times when you will face difficulties. You are not wrong but it will be possible only if you earn a lot and have enough money saved to accumulate otherwise you can't do anything that the rich do. when a person doesn't have money, his thinking is small and when you start getting rich, your thinking will be bigger, but you will want to take everything.  Everyone wants to eat well and wear well, but it costs money.

[Republikcoin.com]

Behind every success, there are challenges and doubts. Maybe the mindset of the rich is more willing to take risks and focus more on opportunities, but in the end we all find a way to move forward. The key may still be persistence and the right strategy.

As long as we can find the right opportunity and know how to use it to become more successful, I think it will not depend on how rich or poor someone is. Because poor people who know how to take advantage of opportunities and also know how to find good opportunities in their lives, then that person will also be more successful because he has his own way of creating the key. As for persistence and strategy, they must always be in everyone because only with that can everyone face every challenge in order to be able to take that good opportunity.

[Plaguedeath]

That is true but as you said: it will depend on how "rich" they are and their personality . I have also met many rich people who live frugally and have even been called stingy and miserly. But there are also rich people who spend very freely, they have a simple concept of life that life is for enjoyment, and they think that earning a lot of money is useless if they cannot spend it on life.

Saving is a virtue ,  but sometimes if we focus too much on saving to maintain wealth and we forget to take care of ourselves and forget to enjoy life . So what is the point of being rich ? Instead ,  I like the idea that we should focus on finding ways to make more money instead of saving .

Rich people who choose to live frugal and being stingy is because they happy with that live, they prefer to see how much money/assets they have rather than upgrading their lifestyle. You might think their life miserable, but actually isn't, usually this kind people only stay at "middle" or "middle upper" class, because upper class care with their relationship.

People who live frugal will not able to find and maintain relationship with rich people.