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Author Topic: What are the rich thinking?  (Read 692 times)
Egii Nna
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October 05, 2024, 09:23:32 PM
 #121

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?

They are people that became rich after wining a jackpot of some millions dollars, although I know about two people with one of them are still each up till date, but the other one is now a road cleaner because he misused his opportunity and you can still say that they got their wealth base on luck, since it is gambling. The only that I will take as a fact is mostly those that get wealth base on luck always find it hard to maintain it, because they have never expected themselves to get such amount in their lifetime.

For instance, there is a your scammer that has gone viral on all the social media, he is called “Melone” he scam $230 million, and he just don’t know how to go about the mone, but ended up lavishing it in cars, party, and clubs. Is not that am supporting scam but am just trying to explain if for instance that young scammer dis something tangible to sustain a living, and in some years return back the money he scam then he would have changed his life. But the reason why he use the money anyhow was because it was not his hard earn money and know he will definitely face the penalty of what he did.

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October 06, 2024, 12:02:02 AM
 #122

I sincerely don’t get a clear meaning about this post, the rich individuals will always create an easy move to acquire more wealth whereby it’s more easy compared to the common man. They’re just like everyone who tries to gain more wealth because there’s nothing like a satisfied wealth, if anyone should focus on bitcoin investment gradually either rich or poor it’s still beneficial because it’ll definitely pay some day. From my observation a wealthy man always create more access to wealth besides they’ve gotten what it takes to make moves etc meanwhile there’s nothing like “poor” anyone who can afford his/her daily needs while investing or creating a business can be considered as a rich person, the society always focus more on people who spend expensive and attach the name wealth just like op but it’s so wrong. Continuous investment is profitable for anyone investing that’s why the dca strategy is meant for everyone.

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dansus021
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October 06, 2024, 03:01:59 AM
 #123

I dont know What are the rich thinking hahah since Im not rich right now what I do if Im rich I'm just diversify my portfolio and create more zero in my bank account there is a wise man said that it is hard to get your fist million but after that it would be much easier.

Tho Im totally agree with that statement because If I can make million dollar then I would easy to get another million because I already know they way and beside that you put your money into bank account the bank give you interest. You put your money to stock than it can give you dividend

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October 06, 2024, 03:46:29 PM
 #124

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?

They are people that became rich after wining a jackpot of some millions dollars, although I know about two people with one of them are still each up till date, but the other one is now a road cleaner because he misused his opportunity and you can still say that they got their wealth base on luck, since it is gambling. The only that I will take as a fact is mostly those that get wealth base on luck always find it hard to maintain it, because they have never expected themselves to get such amount in their lifetime.

For instance, there is a your scammer that has gone viral on all the social media, he is called “Melone” he scam $230 million, and he just don’t know how to go about the mone, but ended up lavishing it in cars, party, and clubs. Is not that am supporting scam but am just trying to explain if for instance that young scammer dis something tangible to sustain a living, and in some years return back the money he scam then he would have changed his life. But the reason why he use the money anyhow was because it was not his hard earn money and know he will definitely face the penalty of what he did.
That's what I wanted to say, you explained it very well with examples.
Easy earnings are easily spent, hard earnings are different, you are more careful while spending your effort, you spend accordingly.
We always see stories of people who make easy money, usually people experience great drama and fall in the end.
A person who wins a jackpot will probably spend and try a lot again to experience that feeling and may not be so lucky next time.

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October 06, 2024, 04:15:17 PM
 #125

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?

Well you're right, they are human and with nicer toys than you, but that seems to be the extent of your analysis. Of course they are trying to earn extra cash and hold on to what they've already got, that would be a natural feeling in most people. They probably have many fewer struggles in life or situations that are outside of their control. If you are broke, you might have to make a decision between food on the table or turning the heating on, as you only have enough money for one of them. That problem is less likely to exist when you are much more comfortable financially and it can lower your stress levels considerably, which might keep you healthier too.

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October 06, 2024, 08:25:38 PM
 #126

That's what I wanted to say, you explained it very well with examples.
Easy earnings are easily spent, hard earnings are different, you are more careful while spending your effort, you spend accordingly.
We always see stories of people who make easy money, usually people experience great drama and fall in the end.
A person who wins a jackpot will probably spend and try a lot again to experience that feeling and may not be so lucky next time.
Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what.
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October 07, 2024, 07:10:26 PM
 #127

That's what I wanted to say, you explained it very well with examples.
Easy earnings are easily spent, hard earnings are different, you are more careful while spending your effort, you spend accordingly.
We always see stories of people who make easy money, usually people experience great drama and fall in the end.
A person who wins a jackpot will probably spend and try a lot again to experience that feeling and may not be so lucky next time.
Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what.
I agree with you . Rich people are rich from their mind. We heard for many times when athletes got prize of billion dollars and after 1 or 2 years they became bankrupt because have no knowledge about how to invest. Investment is basic part of our lives and we should read books on investment in many things. Poor people don't know the type of investment,they only consider investment associated with the money but in reality invest is of three types and every person invest his  energy, time and money in anything. One should utilize time for the getting knowledge and he should invest money on his future plan and he should learn from his mistakes and he should invest his money in the things on which he has good knowledge and he has some experience of that.

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October 08, 2024, 10:44:25 PM
 #128

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.

In my opinion I think a man is a product of his mind  whatever you think and meditate over at all times has a way of affecting your life, your lifestyle and your approach to life. The rich and the poor both can be good thinkers but the difference is the richness of what you are thinking
How much of knowledge you have determines your output to the society as such it's what you give out to the society that comes back to you as what you make out of your life entirely ...
What makes you rich is how much of impact what comes out of your thinking process is able to make in the society in my opinion though....
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October 09, 2024, 04:18:56 PM
 #129

Being rich is not only about the zeros you have in your bank account, being rich is a state of mind, that is why those that get their fortune through a jackpot, winning the lottery or through a inheritance will hardly keep that money for long and will lose it soon after receiving it, only those that have earned that money through their efforts know how difficult it is, and they will take every single measure they can to protect their capital no matter what.
This what others don't get it. While it is not surprising that the classification and description of rich to people is about having a lot of money. But you ask the rich people and they will tell you that they have a different perspective about life and they'll tell another meaning of being rich. So with that, it's true that being rich is about the state of mind of whom is being asked. The rich people who have obtained success already can pretty say something new that's not about riches because it's convenient for them already to have a good life with their riches. While the ones that are on their way to success, they'll easily say and mention that being rich is about having a lot of money and continuous source of income.

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