I spoken with one rich person he did explained to me about wealth and it's true

[Shortmaster]

The poor person looking the rich and think they get wealth easy yes that might be the case If person from super wealthy family allready but someone had to build up that wealth first over the years and it requires work ofc.
that's why there is never enough wealth for rich person because when they get money they have to invest nothing comes for nothing usually it's Investment no matter what they do company or other business project it takes money need funds for marketing and for everything money makes money and often they lose becouse not every project is successful so that's why rich want to stay rich not becouse they like to have more money then others only but they need for expenses for business If they run out of cash and goes out more then it comes in then they could end up broke and even homeless.
So before you earn you need to invest you can't just earn without investing you don't get something for nothing the other people might think it's greed but not exacly it's a keeping cash flow in and making sure have enough money to live and enough money to invest because business doesn't run itself you constantly need to invest even If you start cryptocurrency project you need to pay for all kind of things and it's not cheap and If you end up let's losing money on gambling then its over you have spent all your money and no more Investment.
So the secret to wealth is to invest alone or together with group and then making money out of the others to sell them something more expensive or building up something but even the running business requires constant Investments of money in order to compete with other business for competitors, so in other words creators of something are wealthy but also they will always stay rich becouse they have to they always need to have positive cash flow and higher cash balance reserve until the poor person have not starting creating something start building up or investing on business he never understood this why wealthy people seems to be greedy and this is serious If you run out of cash you might go down and then there is nobody else to help you once you lose it's over so all the money those rich guys have it's not their own money only for personal spending but it's just reserves to keep enough cash for example If you need to pay wages to workers on time but you haven't get money from the new invoices so must have money reservers.
If you want to get wealthy you need to start saving money get your finances on order and under your control even If it's just small money you have stop dreaming about becoming big business person but improve first your money management have reservers and know how to spend smart ways because think about the money you spend on casino or other activities in few days maybe it's small money like 100$ or 50$ it's allready the website hosting money or cheap marketing advertisement budget with fb ads.
So poor person usually spending what ever money they have but rich spends money what they can spend not just all the money they have rich knows how important is the money management that will keep business running because you always need to spend money to get more money in business people should stop thinking about easy money and hoping for getting something for nothing they need get organised in their mind and start making calculated decisions that's why only few will make it.
That's why the rich need to get richer becouse they need to have money on their reserveres even If they don't use this money but they need to just have it once you go zero it's hard to come back up you might not make it anymore that's it's so important to keep reserver of money and funds under control so to stay rich you need to spend money and If you are wealthy like Elon musk or buffet than you might need money for political lobbies to keep them making decisions wich are beneficial for you so richer you are then more money you need to spend to stay rich you have money let's say 1 mil then you got to spend some 100k $ to keep it or to get it.
Nothing comes for Free often it's not easy to fund projects yourself that's why it's good to have team and funding together projects.

[Alone055]

First of all, you need to learn to write properly, separate your paragraphs, and order your paragraphs to make your text more understandable and interesting for the readers. It doesn't make sense to discuss the solution first and then move on to the problem.

So the secret to wealth is to invest alone or together with group and then making money out of the others to sell them something more expensive or building up something but even the running business requires constant Investments of money in order to compete with other business for competitors, so in other words creators of something are wealthy but also they will always stay rich becouse they have to they always need to have positive cash flow and higher cash balance reserve

Okay, but you are talking about how rich people get richer, what about those who are poor and want to become wealthy?

If you want to get wealthy you need to start saving money get your finances on order and under your control even If it's just small money you have stop dreaming about becoming big business person but improve first your money management have reservers and know how to spend smart ways

What if someone earns enough only to be able to eat food properly twice a day and have nothing left behind? I think a logical thing to say before saying all this is that a person will need to become more stable financially before they can even think of becoming rich or wealthy because you can't start doing anything if you have no money to even eat food or buy basic necessities of life.

So poor person usually spending what ever money they have but rich spends money what they can spend not just all the money they have rich knows how important is

Lol, that doesn't make any sense at all. The poor spend all the money they have because they don't have a lot of it. What do you expect them to do if they only have a limited amount? On the other hand, the rich can't spend everything they have because they have too much of it, they can do business, eat in five-star restaurants, go for luxury vacations, and whatnot, and they will still have money left because they are RICH. This comparison makes no sense at all.

so to stay rich you need to spend money

Staying rich is not as difficult as it is to become one. You can learn to spend money wisely but earning that much money is the real challenge.

[Rruchi man]

So the secret to wealth is to invest alone or together with a group....

Investing can assure wealth, but the question of what to invest in for those who have a lot of capital has been easier to answer than for people who are considering investing with the little capital that they have and earning occasionally. Bitcoin answered the question for the former and has presented a good opportunity to still stand a chance of future profit and benefits through a little occasional commitment in investments.

With bitcoin also, the danger involved with investing with a group where you all may not share a common interest later on can be avoided completely.

[Reatim]

So poor person usually spending what ever money they have but rich spends money what they can spend not just all the money they have rich knows how important is the money management that will keep business running because you always need to spend money to get more money in business people should stop thinking about easy money and hoping for getting something for nothing they need get organised in their mind and start making calculated decisions that's why only few will make it.

So basically TL;DR: The wealthy, even though they already have a lot of money, they still invest because they don’t want their reserved to be empty and they have better financial management than the poor

Did I understand it correctly? Your paragraph is too long I don’t know if I were understanding the point. Anyway there’s really nothing new about this. But the reason why the poor people can’t invest is not only because they have poor management of finances but simply because they don’t have enough finances to manage.

What the rich save aside is what the poor needs to survive. That is why the rich is able to invest while still living a comfortable and even luxurious lifestyle sometimes. This is not to say that the poor can’t invest but it is a lot harder for them to do so than the wealthy.

[Wonder Work]

First of all, you need to learn to write properly, separate your paragraphs, and order your paragraphs to make your text more understandable and interesting for the readers. It doesn't make sense to discuss the solution first and then move on to the problem.

First of all I think he is a new member making such mistakes. Secondly, what he wrote would take such a long time to read, as you have explained it to him with beautiful quotations. He needs to have a clear concept of these because no one will read such a paragraph and doubt whether he will get an accurate idea of ​​what he wants to know.

Okay, but you are talking about how rich people get richer, what about those who are poor and want to become wealthy?

He has thought about the matter from one side, In fact, if he thinks about the matter from one side, it is not necessary to think about its good side and bad side. Person in a good position has a lot of capital & he will do good things but he who has no capital cannot do anything good it is not that he who has no capital can definitely do good things if he wants to with his hard work and talent he makes a little mistake. Maybe gone.

What if someone earns enough only to be able to eat food properly twice a day and have nothing left behind? I think a logical thing to say before saying all this is that a person will need to become more stable financially before they can even think of becoming rich or wealthy because you can't start doing anything if you have no money to even eat food or buy basic necessities of life.

He might be talking about all rich people. He may not know what to do with those who are not in good financial condition or have enough capital where their days are not going well with their families. Every mental person looks at his family and lives helpless, they try to keep the family a little better, if there is not enough money, how can he keep his family well and how can he try to do something good.

Staying rich is not as difficult as it is to become one. You can learn to spend money wisely but earning that much money is the real challenge.

Agree with you bro because within the first moment spending can be done but only those who do it know how much pain it takes to earn it. With the challenge of suffering, thousands of people are constantly struggling to survive the challenge by fulfilling their own hobbies and desires.

[Akbarkoe]

Rich people need to maintain what they have (wealth) not just for personal luxuries but to keep businesses and investments going, and that requires good cash flow and reserve funds.

In this case, the key is to be able to manage finances intelligently and continue to invest, so that money can grow. Poor people often spend money as soon as possible, while rich people manage their money to keep it rolling in business. Being rich is more than just luck; it's about strategic and sustainable financial planning.

And for those just starting out, the key is to manage their money smartly and wisely. The main focus should be on building a habit of saving, investing in things that pay, and keeping expenses measured. It is also important to understand how money works and realize that financial stability requires discipline and continuous planning. With this approach, the chances of achieving financial success become more realistic.

[coin-investor]

I have a hard time reading your post because its not properly configured for long read and I'm not the only one with that issue with your post.
What you posted are all basics. There's really no secret to making money and getting rich. We are living in a time where everything is accessible; the internet is a huge information highway where you can extract all the information you need about wealth and getting rich. You can Google or you can check YouTube, and you have thousands of resources.
Its not really what you know; its how you implement what you learn; its about action and focusing on your goal. You can go to a seminar about making money or you can watch videos on how to do it, but without action, all of these are useless.
So create your own goal and destiny, absorb the information you need, and put it into action, and you will be led on the right path.

[robelneo]

You know what? Even a guy in the internet shop can tell you everything about wealth, and it's more on what your rich friend says; whatever he says is not a well-hidden secret; even the billionaires thoughts about wealth are accessible, so all of your long posts are not surprising at all.

Its all about savings and money management, but one important thing lacking in what your friend told you, and that is to educate yourself so you can build your business. Savings and money management will not suffice if you cannot launch a successful business.

[Fortify]

The poor person looking the rich and think they get wealth easy yes that might be the case If person from super wealthy family allready but someone had to build up that wealth first over the years and it requires work ofc.
that's why there is never enough wealth for rich person because when they get money they have to invest nothing comes for nothing usually it's Investment no matter what they do company or other business project it takes money need funds for marketing and for everything money makes money and often they lose becouse not every project is successful so that's why rich want to stay rich not becouse they like to have more money then others only but they need for expenses for business If they run out of cash and goes out more then it comes in then they could end up broke and even homeless.
So before you earn you need to invest you can't just earn without investing you don't get something for nothing the other people might think it's greed but not exacly it's a keeping cash flow in and making sure have enough money to live and enough money to invest because business doesn't run itself you constantly need to invest even If you start cryptocurrency project you need to pay for all kind of things and it's not cheap and If you end up let's losing money on gambling then its over you have spent all your money and no more Investment.
So the secret to wealth is to invest alone or together with group and then making money out of the others to sell them something more expensive or building up something but even the running business requires constant Investments of money in order to compete with other business for competitors, so in other words creators of something are wealthy but also they will always stay rich becouse they have to they always need to have positive cash flow and higher cash balance reserve until the poor person have not starting creating something start building up or investing on business he never understood this why wealthy people seems to be greedy and this is serious If you run out of cash you might go down and then there is nobody else to help you once you lose it's over so all the money those rich guys have it's not their own money only for personal spending but it's just reserves to keep enough cash for example If you need to pay wages to workers on time but you haven't get money from the new invoices so must have money reservers.
If you want to get wealthy you need to start saving money get your finances on order and under your control even If it's just small money you have stop dreaming about becoming big business person but improve first your money management have reservers and know how to spend smart ways because think about the money you spend on casino or other activities in few days maybe it's small money like 100$ or 50$ it's allready the website hosting money or cheap marketing advertisement budget with fb ads.
So poor person usually spending what ever money they have but rich spends money what they can spend not just all the money they have rich knows how important is the money management that will keep business running because you always need to spend money to get more money in business people should stop thinking about easy money and hoping for getting something for nothing they need get organised in their mind and start making calculated decisions that's why only few will make it.
That's why the rich need to get richer becouse they need to have money on their reserveres even If they don't use this money but they need to just have it once you go zero it's hard to come back up you might not make it anymore that's it's so important to keep reserver of money and funds under control so to stay rich you need to spend money and If you are wealthy like Elon musk or buffet than you might need money for political lobbies to keep them making decisions wich are beneficial for you so richer you are then more money you need to spend to stay rich you have money let's say 1 mil then you got to spend some 100k $ to keep it or to get it.
Nothing comes for Free often it's not easy to fund projects yourself that's why it's good to have team and funding together projects.

Getting one view and opinion means nothing - the world is a rich tapestry and just because someone is rich does not make them especially insightful. Sometimes people fall into riches or inherit them. Even if they are self made, they might still have a very narrow mindset and you are simply getting one view of the world. You must gather many opinions and find the truth that sits between all of them to find true success. There are many routes to success, you should always be seeking to learn and extract information when you get into a conversation who is very wise - but be careful because their experiences may no longer be relevant or may never apply to you for other reasons.

[DrBeer]

The poor person looking the rich and think they get wealth easy yes that might be the case If person from super wealthy family allready but someone had to build up that wealth first over the years and it requires work ofc.
that's why there is never enough wealth for rich person because when they get money they have to invest nothing comes for nothing usually it's Investment no matter what they do company or other business project it takes money need funds for marketing and for everything money makes money and often they lose becouse not every project is successful so that's why rich want to stay rich not becouse they like to have more money then others only but they need for expenses for business If they run out of cash and goes out more then it comes in then they could end up broke and even homeless.
So before you earn you need to invest you can't just earn without investing you don't get something for nothing the other people might think it's greed but not exacly it's a keeping cash flow in and making sure have enough money to live and enough money to invest because business doesn't run itself you constantly need to invest even If you start cryptocurrency project you need to pay for all kind of things and it's not cheap and If you end up let's losing money on gambling then its over you have spent all your money and no more Investment.
So the secret to wealth is to invest alone or together with group and then making money out of the others to sell them something more expensive or building up something but even the running business requires constant Investments of money in order to compete with other business for competitors, so in other words creators of something are wealthy but also they will always stay rich becouse they have to they always need to have positive cash flow and higher cash balance reserve until the poor person have not starting creating something start building up or investing on business he never understood this why wealthy people seems to be greedy and this is serious If you run out of cash you might go down and then there is nobody else to help you once you lose it's over so all the money those rich guys have it's not their own money only for personal spending but it's just reserves to keep enough cash for example If you need to pay wages to workers on time but you haven't get money from the new invoices so must have money reservers.
If you want to get wealthy you need to start saving money get your finances on order and under your control even If it's just small money you have stop dreaming about becoming big business person but improve first your money management have reservers and know how to spend smart ways because think about the money you spend on casino or other activities in few days maybe it's small money like 100$ or 50$ it's allready the website hosting money or cheap marketing advertisement budget with fb ads.
So poor person usually spending what ever money they have but rich spends money what they can spend not just all the money they have rich knows how important is the money management that will keep business running because you always need to spend money to get more money in business people should stop thinking about easy money and hoping for getting something for nothing they need get organised in their mind and start making calculated decisions that's why only few will make it.
That's why the rich need to get richer becouse they need to have money on their reserveres even If they don't use this money but they need to just have it once you go zero it's hard to come back up you might not make it anymore that's it's so important to keep reserver of money and funds under control so to stay rich you need to spend money and If you are wealthy like Elon musk or buffet than you might need money for political lobbies to keep them making decisions wich are beneficial for you so richer you are then more money you need to spend to stay rich you have money let's say 1 mil then you got to spend some 100k $ to keep it or to get it.
Nothing comes for Free often it's not easy to fund projects yourself that's why it's good to have team and funding together projects.

“If you want to get wealthy you need to start saving money get your finances on order and under your control even” - this is a basic rule for people who want to improve their financial situation !
Without controlling income, expenses and reasonable spending, it is impossible to maintain and increase your capital. I am sure, unfortunately, that most people do not do this and even after hearing such recommendations will not do it because “it is difficult and it will not help”.
One of the problems for people with a “poor man's” mindset is unreasonable spending in order to create a halo of being richer than they really are....

[hyudien]

~~

Apart from inflation and taxes on asset ownership, of course we can't avoid it as long as there are policies that regulate asset ownership, be it bitcoin or other crypto when you sell it and convert it to fiat which the country where you live sets the regulations. But try to choose whether it is better to pay tax on asset income or the country does not set asset regulations? in other words, crypto asset ownership is illegal. So rather than complaining about the tax percentage, out there there are countries that still set illegal laws against assets such as bitcoin.

[348Judah]

If we are going to engage on a conversation with the rich and that is when they are even interested in giving us part of their time to talk with us, then we are going to come out with different experience in which we have with each other's, because everyone of them we are meeting must have something to tell and this is going to differ from the other people's experience, but definitely we are going to learn something from them.

[AmoreJaz]

If we are going to engage on a conversation with the rich and that is when they are even interested in giving us part of their time to talk with us, then we are going to come out with different experience in which we have with each other's, because everyone of them we are meeting must have something to tell and this is going to differ from the other people's experience, but definitely we are going to learn something from them.

Get their valuable insights and see if you can apply it to yourself. Every person's journey will be different from others, you will learn a thing or two and see what it can do to improve your life. Don't expect that you will achieve the same later on. Be grateful if there will be some improvements in your life, not only financially but maybe it will help you attain contentment in life.

So the secret to wealth is to invest alone or together with a group....

Investing can assure wealth, but the question of what to invest in for those who have a lot of capital has been easier to answer than for people who are considering investing with the little capital that they have and earning occasionally. Bitcoin answered the question for the former and has presented a good opportunity to still stand a chance of future profit and benefits through a little occasional commitment in investments.

With bitcoin also, the danger involved with investing with a group where you all may not share a common interest later on can be avoided completely.

Better invest on your own as it will lessen certain issues later on. Also, if you can't afford, then, don't invest and force yourself into this venture. You need to understand what you are doing as losing is always part of this activity. It is not always about winning or gaining profit. So you need to prepare yourself for whatever you may encounter during your investment period.

[yhiaali3]

Thank you but your topic is very long it could have been shortened in a better way instead of all this repetition of ideas, the worst thing is that some members here quote the entire topic which makes the thread very long.

Anyway the idea is that the rich should always earn more money not because they are greedy but to maintain their wealth because their businesses require spending on workers, offices, resources etc. This is somewhat true because mismanagement of financial resources can lead to the dissipation of wealth, so good management is very necessary for growth and preservation of wealth.

Although this seems like a reasonable reason, we cannot deny greed from the rich.

[Onyeeze]

For me you would have reduce the length of your post so that it can be readable to people but as it is ambiguous no one can easily read it and they understand exactly what is your point of view I wanted to comment towards the topic of the Trent but based on how large the paragraph is and there is not spacing on your paragraph that is why I am using this opportunity to advise you so that when next you are writing something like this you can be able to space them so that the reader will be able to understand exactly was your point of view all about you can crochet from other people who made their post very simple hard and space their post accordingly so it will give easy access to read and understand exactly what the post is all about

[viljy]

This long manuscript of the text could be reduced to several theses. Live to earn money. Earn money at the expense of other people. All your thoughts and actions should be focused on making money.
Hence the question arises - did God create man to earn money? Is money proof of salvation of the soul? What if it's a diabolical deception? Therefore, rich people try to prolong their lives by all means, because they know what really awaits them on the other side. Whereas the great ascetics died without any fear.

[Frankolala]

It's easy to dish out clues and advise on how to becone wealthy, but hard to put in practice and achieve it. OP, if I may ask, have you practiced what you wrote and have you made wealth? A poor man that does not have the funds to take care of his family basic needs, how do you expect him to have reserved funds when the little he has is not enough. To be wealthy is based on the opportunities around you and how you take advantage of them. When you are financially stable, you can plan investing your discretionary income to get more money. Investment is important because it enables you to overcome the hardship brought by inflation.

[CK485]

Thank you but your topic is very long it could have been shortened in a better way instead of all this repetition of ideas, the worst thing is that some members here quote the entire topic which makes the thread very long.

Anyway the idea is that the rich should always earn more money not because they are greedy but to maintain their wealth because their businesses require spending on workers, offices, resources etc. This is somewhat true because mismanagement of financial resources can lead to the dissipation of wealth, so good management is very necessary for growth and preservation of wealth.

Although this seems like a reasonable reason, we cannot deny greed from the rich.

Yes, the point is that everyone is competing to get money by any means, so are rich people, they are even more enthusiastic about looking for money, because they are supported by the available capital and their large amount of money, it does not mean being greedy but it is a path of life that continues to progress as long as there is the potential to make money, keep moving forward.

[Unknown Op]

Thank you but your topic is very long it could have been shortened in a better way instead of all this repetition of ideas, the worst thing is that some members here quote the entire topic which makes the thread very long.

Anyway the idea is that the rich should always earn more money not because they are greedy but to maintain their wealth because their businesses require spending on workers, offices, resources etc. This is somewhat true because mismanagement of financial resources can lead to the dissipation of wealth, so good management is very necessary for growth and preservation of wealth.

Although this seems like a reasonable reason, we cannot deny greed from the rich.

Yes, the point is that everyone is competing to get money by any means, so are rich people, they are even more enthusiastic about looking for money, because they are supported by the available capital and their large amount of money, it does not mean being greedy but it is a path of life that continues to progress as long as there is the potential to make money, keep moving forward.

Rich people know about real wealth and that's why they are rich . They convey their knowledge to their children and if they follow that path then they became richer and richer and if they didn't follow then they became bankrupt. Bankrupcy is common in rich people but they have knowledge to get up and get his past position. Donald trump was bankrupted once but after that he earned a lot of money and became richer person of USA and also he became president of USA . We saw many rich people which are rich people due to their mindset.Robert kiyosaki wrote on mindset of rich and poor people and he became successful to sell that book because he explained unique things about Rich and poor people and that was reality . I am taking about rich dad poor dad which was best selling book.

[CK485]

Rich people know about real wealth and that's why they are rich . They convey their knowledge to their children and if they follow that path then they became richer and richer and if they didn't follow then they became bankrupt. Bankrupcy is common in rich people but they have knowledge to get up and get his past position. Donald trump was bankrupted once but after that he earned a lot of money and became richer person of USA and also he became president of USA . We saw many rich people which are rich people due to their mindset.Robert kiyosaki wrote on mindset of rich and poor people and he became successful to sell that book because he explained unique things about Rich and poor people and that was reality . I am taking about rich dad poor dad which was best selling book.

by writing in a book about rich people and poor people, it is knowledge and to always think with broad insight in order to always live a better life, and not give up when we fall, and the point is we must be able to be rich and successful with the many people who start from the beginning, that is an example that needs to be imitated.