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Author Topic: What are the rich thinking?  (Read 618 times)
YUriy1991
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October 01, 2024, 03:40:27 PM
 #101


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

Maybe just briefly from me, how should we actually use it and if I'm not mistaken, we are required to be wise, meaning how do we understand to save our wealth for the future and facilitate our wealth for universal interests because the further we go, the smaller the world feels.

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October 01, 2024, 03:57:08 PM
 #102

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

We must be able to distinguish which rich people are the ones, because not all rich people have a good mindset, since there are rich people because of inheritance - these people are just lucky to be born into a rich family and they just continue what their parents or grandfathers have fought for. They may not have a good mindset, because what they do is just as simple as learning and running their parents' business. Even in some cases, most of them just waste money and don't really care about business - since what they do is just squeeze money from their parents' business without caring about the future of the business. So yeah, not all rich people have a good mindset, some are just trash who happen to be rich.

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October 01, 2024, 05:01:41 PM
 #103

Every rich men’s are thinking of how they can get more money, instead of them to be thinking on how they can able to help those that have nothing in life which are the poorly we all know that rich men’s are individual deference they said one yam spoiled the rest of not they not all the same; but they’re some rich men’s that are very weaked women beings they will never look for a way that will favor the poor men’s which some will even try to attack the poor by blocking their way of income.

That’s why there’s a far deference between poor and rich, because the rich people easily getting opportunities then
The poorest in every thing, since they get many connections unlike the poor that they don’t get any connections; and that’s why even the rich men’s children are always ahead of the poor men’s in times of getting jobs or any other things.

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October 01, 2024, 07:04:33 PM
 #104

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).
Like the OP said, they are like us but they only have more in their stash. Poor people thinks of earning money too because what will they eat and their family if they won't? In fact they can think more of it because they always have a limited amount.

As for the rich, it can only be optional because they already have lots anyways. It was also the rich is the ones that will think hard if what they will buy with all of their money. Like I said earlier that poor has a limited amount, this makes them less prioritize investment. They have less stress in terms of investment. If a poor can invest, they will also think of re-investing again but there should be another goal after this. That should make investing to have a sense.

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October 01, 2024, 07:49:45 PM
 #105

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?

They are nothing like you, at least in the sense of what they do every day and the difference in stress levels. 99.99% of rich people will be running diversified portfolios, they may have gotten rich off crypto originally or their might be a tiny minority that solely use crypto, but the vast majority will have their assets secured across a wide range - bonds,cash,  precious metals, stocks, property, etc. which will all provide a massive buffer. They will know and have experienced their portfolios dropping during a recession, but they also know it bounces back and they'll probably be richer. They can sleep a lot sounder for that reason, your crypto might keep you awake at night worrying but theirs doesn't.

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October 01, 2024, 07:50:05 PM
 #106

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).
Like the OP said, they are like us but they only have more in their stash. Poor people thinks of earning money too because what will they eat and their family if they won't? In fact they can think more of it because they always have a limited amount.

As for the rich, it can only be optional because they already have lots anyways. It was also the rich is the ones that will think hard if what they will buy with all of their money. Like I said earlier that poor has a limited amount, this makes them less prioritize investment. They have less stress in terms of investment. If a poor can invest, they will also think of re-investing again but there should be another goal after this. That should make investing to have a sense.

The poor earn to save, while the rich learnt to spend and gain double or more. Additionally, fund raising is simple for the rich, they could finance projects with large loans. And generate enough money for themselves and financial institutes. Contrarily, the needy, work to feed, so it's inappropriate to invest money meant for upkeep.

However, they're no different from the rich, aside the funds. for instance, broke workers most times have a financial turn around when they work closely with the elites. Lack of resources is the poor man's barrier to fortunes.

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October 01, 2024, 08:23:57 PM
 #107

When you see a rich man, don't expect to have the same mentality as they have, because they are also after seeking for more opportunities on things that could make them get richer the more, they are always using their head thinking on something qualitative and lots are running on their minds which they can do to give out something for the people to use, this is one of the secrets of advanced technology and innovations, its all start with the right thinking minds, creative spirit and the desire to set a target and to be determined for the pursuit for excellence at all cost.
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October 01, 2024, 08:58:53 PM
 #108

We must be able to distinguish which rich people are the ones, because not all rich people have a good mindset, since there are rich people because of inheritance - these people are just lucky to be born into a rich family and they just continue what their parents or grandfathers have fought for. They may not have a good mindset, because what they do is just as simple as learning and running their parents' business. Even in some cases, most of them just waste money and don't really care about business - since what they do is just squeeze money from their parents' business without caring about the future of the business. So yeah, not all rich people have a good mindset, some are just trash who happen to be rich.

And all the rich people I know have a projected type of mindset in the sense that, they will always want to
Double their money and that is what I understand by mindset because every single plan will have to start from the mindset, you can say that not all of them are nice that is even understandable, and I don't blame them because this is about personality but naturally rich people are rude and they always like to maintain a particular type of habit for a particular reason. Maybe to make things difficult in term of access. And if it is about those once thay inherited wealth just very few of them have sense. And there is a lot of reason why people behave the way they do and their people that work for what they have so the wealth will be seen through their personality, I even think you are taking this thing to personal.

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October 01, 2024, 10:30:13 PM
 #109

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?

Can rich people think like poor people? No, the rich do not think like poor people since they are no longer suffering like the poor. The wealthy always consider how they could continue to expand their income, generating more money so that their grandchildren would not have to suffer as much to become wealthy as they had. The rich people, too, have challenges that annoy them, but the poor people can only think about buying expensive objects to look good and impress others when they make a small amount of money.

However, when someone wealthy invests in Bitcoin, they are not as worried as the poor, because the ones who are not rich may be afraid of market prices or struggle to find money before they accumulate more, whereas the wealthy already have the funds to accumulate more, they do not have to consider where to get more funds to continue to gather more, the funds are currently on the ground; it is up to them whether or not to grow more for future use. They aren't different from the poor, but a lack of money differentiates us.

R


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October 01, 2024, 11:49:17 PM
 #110

The majority of the rich will be mystified by Bitcoin most likely which is why the possibility of BTC being traded in funds is probably quite a big deal. It enables all kinds of secondary parties to hold BTC via a ETF or other position and represent it in an investment portfolio more easily.

I still think the strength and backbone to BTC is the smallest broadest market participants which is the common people and they must find Bitcoin useful for it truly to be a success.  The rich will invest in any asset that performs well over years which has certainly been true of Bitcoin.

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October 02, 2024, 05:30:15 AM
 #111

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?

Can rich people think like poor people? No, the rich do not think like poor people since they are no longer suffering like the poor. The wealthy always consider how they could continue to expand their income, generating more money so that their grandchildren would not have to suffer as much to become wealthy as they had. The rich people, too, have challenges that annoy them, but the poor people can only think about buying expensive objects to look good and impress others when they make a small amount of money.
The question we should ask is, before the rich became rich, what were they thinking? Like, what was the rich thinking when they were not so rich? Aside from those that were born with a silver spoon and maybe were just handed down property, those rich people that grew from humble beginnings, what were they thinking? How was their mindset? What was the mindset they used to break free? What was the investment they used to break free? How did they hold up? How did they manage the little resources they had that helped them become rich?

It's obvious that a poor person and a rich person cannot be thinking the same.  When a poor person invests they will be so tensed when the market goes up or when things go down. But a rich person will invest comfortably, and if the market dips, it's not going to get them as much like it will to a poor person. Because a rich person has other investments to hold themselves.

So, the question is, what was the rich thinking when they were not rich that made them rich? How did they do it? So that poor people that are willing to give it a try, can follow suit and succeed too. You have to be rich to understand how they rich think and their thought-process even if you understand it, if you don't have the resources, you can't practice it like them. So, what were they thinking before they became rich? What were they thinking that helped them become rich? We should ask these questions first.

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October 02, 2024, 09:13:45 AM
 #112

Rich people often have a different mindset compared to average people. They tend to focus on opportunities, embrace risk & prioritise long term goals over immediate gratification. This mindset includes a strong belief in self efficacy, learning from failures & an emphasis on networking & strategic thinking.

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October 05, 2024, 03:35:33 PM
 #113

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.
The rich has a growth mindset;they mentality,education,approach and decisions of the rich tends to vary by far compared to the counterpart.They seem to utilize every opportunity that they have or come across in other to yield something bigger and better.The understand when to leverage upon every set goal and chances.
They're bound to thinking outside the box, that's why they get richer than others.They strongly believe in learning, relearning and unlearning the factors that differentiates them or hinders them from attaining great success.They see opportunities they utilize them and fail to be oppressed by limitations

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October 05, 2024, 04:14:32 PM
 #114

There are many reasons why rich people are rich, I think one of the biggest factors is social skills and at the same time being ambitious, disciplined people.
I don't think a person can get rich out of nowhere by luck, but how long can they maintain this wealth that we are talking about?

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October 05, 2024, 04:34:38 PM
 #115

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.
The rich has a growth mindset;they mentality,education,approach and decisions of the rich tends to vary by far compared to the counterpart.They seem to utilize every opportunity that they have or come across in other to yield something bigger and better.The understand when to leverage upon every set goal and chances.
They're bound to thinking outside the box, that's why they get richer than others.They strongly believe in learning, relearning and unlearning the factors that differentiates them or hinders them from attaining great success.They see opportunities they utilize them and fail to be oppressed by limitations
There's always that fine line that would really differ into those rich people and to those who are on the bottom or below. We do know that on the time or moment that you had reached up that pinnacle of success
which is because of via hard work and perseverance then its automatically shows up that you are already having those kind of behavior or qualities of someone who do really knows on how to deal up with things accordingly. Experience is the best teacher and these people have already that been into those tons of fails and errors on which this is really just that being part of the process. People who are really that thinking
about on getting rich but havent any done some hard work is really just that good as an empty shell. Diversification will really be that the main reason on why rich people do becomes even more richer and since
they do know on what or on how this business works then they will really be having that advantage.

Poor people could really be able to achieve such potential on becoming rich if they would really be that working hard and making up some wise decisions. Also, this could really be obtained through
investing and having a business on which it is really the toughest challenge for someone. Also, it does mixed out some a little bit luck on achieving success because there are really those people who do work hard but
still ending up on havent been able to achieved on what they do want to achieved on.

R


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October 05, 2024, 05:18:35 PM
 #116

Rich people often have a different mindset compared to average people. They tend to focus on opportunities, embrace risk & prioritise long term goals over immediate gratification. This mindset includes a strong belief in self efficacy, learning from failures & an emphasis on networking & strategic thinking.
I will add one thing, they will dare to take a very big risk to start something and they will not even hesitate to guarantee the assets they have to get additional capital for something they will build. Some people do dare to take risks, but they are only brave based on the capital they have, while rich people are usually crazier than that, as I said they will dare to guarantee their assets. Even after failing and going bankrupt, they will do the same thing again with the same business. Yes, they can learn faster from the mistakes that made them fail, and they will take the same risk again to rebuild the failed business.

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October 05, 2024, 05:45:56 PM
 #117

There are many reasons why rich people are rich, I think one of the biggest factors is social skills and at the same time being ambitious, disciplined people.
I don't think a person can get rich out of nowhere by luck, but how long can they maintain this wealth that we are talking about?

The skills possessed by a person will indeed be able to make it easier for someone to become rich, moreover, the skills they master have not been mastered by many and a lot is needed, of course, it will be easy for them to accumulate wealth, for some people who have social skills, of course, it will be easy for them to build a working relationship and find a relationship and when they build a business, of course, they will be able to decide something right which is profitable for their business.

When someone can become rich because of the luck factor, I think it is difficult to survive compared to those who have gone through various processes so that they become rich, because without a struggle to get it is very difficult for a person to be able to appreciate what they have earned so that they often return to being poor because they do things that they do not deserve

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October 05, 2024, 06:51:11 PM
 #118

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?
How sure are you that the rich is buying bitcoin, do they even care if bitcoin exists or not. I do believe that bitcoin is more for the poor than the rich. The rich who has multimillion companies around the world turning over thousands and millions of dollars daily don't actually care if your bitcoin exists. It is the average guys like us or the poor guys that keep buying and stocking the portfolio, waiting for the miracle days of bull run.

The rich people put their money in businesses that returns are so sure and not volatile or speculative. They have the mindset of multiplication and not buying and waiting for bull run.

 
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October 05, 2024, 07:56:51 PM
 #119

The rich has a growth mindset;they mentality,education,approach and decisions of the rich tends to vary by far compared to the counterpart.They seem to utilize every opportunity that they have or come across in other to yield something bigger and better.The understand when to leverage upon every set goal and chances.
They're bound to thinking outside the box, that's why they get richer than others.They strongly believe in learning, relearning and unlearning the factors that differentiates them or hinders them from attaining great success.They see opportunities they utilize them and fail to be oppressed by limitations
I agree with that, it is likely that rich people have a growing mindset as they think about their future by making the best use of their time so that no time or opportunities or even chances are wasted. In addition, I think rich people have clear principles as well as goals that they must achieve and they can be consistent and have a strong determination in the process of achieving what they want, of course not everyone has this, only certain people have it. In addition, with those who already have assets, they will most likely have the mind to turn them over so that they will still have enough income, because it is impossible when someone is at the point of wealth, they will stop and enjoy it until it runs out, this may happen but I think this only happens to those who do not have a growing mindset.

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October 05, 2024, 08:55:43 PM
 #120

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 think rich people are more concerned about preserving their wealth than we are. No one wants to be in a situation where you have a huge capital, but every year it depreciates and you become poorer. Poor people strive to make money. Rich people are more concerned about preserving their money.

Also, rich people probably think a lot about how to pass on their capital to their heirs (and some of these rich people decide not to leave anything to their children, so as not to spoil them and not to deprive them of the motivation to do business on their own).

Also, wealth allows you to focus on acquiring power. A poor person does not have a serious opportunity to influence political decisions in the country. For a rich person, gaining power is a very serious challenge.

 
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