How To Be A Millionaire?

[tbterryboy]

If I'm not mistaken, Michael Saylor declared Bitcoin a scam in 2013. However, since 2021 he has steadfastly defended Bitcoin and even achieved success after investing in it. So, I can conclude that it's better late than never and it's not too late for us to achieve success like Michael Saylor.

While we may never be able to emulate Michael Saylor's current success, if we follow his footsteps, his strategy, and his mindset about Bitcoin we can also experience success investing in Bitcoin. Michael Saylor has become a role model for every investor on the path to becoming a millionaire and many have been inspired by him.

Learning from your mistakes is one of the best lessons one can have. Saylor may have disliked it in the past but he learned from his mistakes and he is now richer thanks to it as well. Wish that more people would learn from their mistakes, imagine that you never make the same mistake again, that would be a great thing for you and would be amazing trait.

However, Saylor is still having doubts time to time, so he still has that question in his mind if he is doing the right thing, I hope he gets over that too.

[TheUltraElite]

Well you could follow their lead and continue to collect bitcoin at every dump and make sure to keep on increasing your stash of bitcoin.

But I am sure a lot of people are apprehensive about even starting into bitcoin. There are many people who have money at hand but will continue to hog away at traditional assets because of comfort in them and being used to those assets.

Hence from a selfish perspective, just continue collecting bitcoin and sell it as needed.

[Cheema02]

Millionaire?! In my opinion no one is millionaire but everyone can be millionaire. If you want to be a millionaire it depends on you. Now you may ask how ?! It's possible and it's fully depends on you. Prepare your self gain self control. Do hard work. Maintain you life inside discipline. Discipline is the main key of success besides you need self control and consistency. If you can utilize those properly no one can stop you to become millionaire at a time.

Your point is very motivated and its true that no one is a millionaire by birth but any one can become but its depends on individual's mindset and efforts. Its possible to achieve the milestone to become a millionaire by developed self control and believe in ourselves. Its important to work hard but actually important thing is discipline because you should be stay consistent about time management. For achieving financial success we should be staying focoused on our long term visions. Life style as a Millionaire don't comes instantly and its takes time comes with patinence and by putting efforts. So the learning point is that success is coming to those who accept there mistakes and stay committed to improve their personality.

[Emitdama]

Learning from your mistakes is one of the best lessons one can have. Saylor may have disliked it in the past but he learned from his mistakes and he is now richer thanks to it as well. Wish that more people would learn from their mistakes, imagine that you never make the same mistake again, that would be a great thing for you and would be amazing trait.

However, Saylor is still having doubts time to time, so he still has that question in his mind if he is doing the right thing, I hope he gets over that too.

This is the way rich people can become richer and poor people can't be. Michael Saylor had the chance to call it a scam but then get in later and still make some money. Whereas if you are poor and didn't join back in the day and thought it was a scam and join later on then you won't make that much money.

If you are rich, turning your 10 million to 20 million would make you even richer and because you are rich you are not in need of that money. When you are poor however, turning your 100 dollars to 200 dollars won't matter at all.

[winspiral]

it was enough easy to be a millionaire...I'am even a multi-millionaire...
Unfortunately I'm not a millionaire in € or $ or Bitcoin ...but in an other crypto ...guess in which one

[Dunamisx]

To be a millionaire starts from the mind, we have to start thinking like one, then also make more further steps to learning how to become one by self discovery of potentials, learning more skills, acquiring more knowledge and making sure that we give in all the best that could position us to the right atmosphere of being prone to becoming rich, which also have to deal with the environment we live in, the kind of friends we keep and the necessary efforts we put in towards making it a better goal for us to achieved.

[finaleshot2016]

Business is one of the easiest way to be a millionaire but it’s hard to start a business. Only great minds like Saylor can make a business and execute everything properly, he even managed to include BTC to his business, and that’s how business minded people work. Business is not for everyone but I guarantee you that if you’ve started to change your thinking, and have discipline to your plans, everything is possible. Also, you need to be surrounded by a good mindset people to turn things in a good run.

[imthegreat]

Michael Saylor is a very popular character in the crypto industry. He has turned his company, Strategy, into what is now one of the biggest holders of bitcoin. Saylor’s bold moves made Strategy’s shares skyrocket as bitcoin rallied. His initial business wasn’t associated with crypto but now it’s probably its biggest asset.

Saylor continues to buy more bitcoin. This is not saying to drop everything and put all your money into bitcoin. But what made Saylor a smart man is that he was able to find what would be a potential profitable asset and used his existing business to build his wealth. Life doesn’t stop at just creating business. You need it to grow and you need to find other assets to supply the company and make it grow even more.

Managing such enormous assets is extremely difficult. A major investor and trader should avoid thinking about the fact that they're trading hundreds of thousands of dollars, as this will put psychological pressure on them. The best approach is to imagine the entire deposit as 100 percent and think exclusively in terms of fractions of that 100 percent, without dwelling on absolute figures. This is truly important and necessary, because if a major trader makes unsuccessful trades, they may begin to constantly blame themselves for losing money, and it's difficult not to take this seriously. I don't know how easy it is to follow the method I've proposed, but I'm confident it's correct.

[davis196]

Michael Saylor is a very popular character in the crypto industry. He has turned his company, Strategy, into what is now one of the biggest holders of bitcoin. Saylor’s bold moves made Strategy’s shares skyrocket as bitcoin rallied. His initial business wasn’t associated with crypto but now it’s probably its biggest asset.

Saylor continues to buy more bitcoin. This is not saying to drop everything and put all your money into bitcoin. But what made Saylor a smart man is that he was able to find what would be a potential profitable asset and used his existing business to build his wealth. Life doesn’t stop at just creating business. You need it to grow and you need to find other assets to supply the company and make it grow even more.

His company is called Microstrategy, not Strategy. You should learn more about Saylor, before making any forum threads about him and his business. By the way, what's the point of this forum thread? Do you want to make a guide about how to become a millionaire? Using Michael Saylor as an example won't work, because Saylor used other people's money to boost Microstrategy and he bet everything he had on Bitcoin years ago. Nowadays, you can't just buy crypto and become a millionaire, because the big cryptocurrencies can't grow 10x or 100x.
There were lots of forum threads about Saylor posted on the forum. Why make another one, if you don't share with us something we don't know about him?

[Pablo-wood]

A business is just a mere tool for opening doors to other investment opportunities. Unfortunately not everyone can grow a business but I think anyone can invest in rich and promising assets like bitcoin if they can be disciplined and emotionally intelligent to deal with the noise surrounding the market.

Micheal Saylor whose net worth should be around $4.7 billion started with business intelligence, data mining and software tools grew his business to a level it could stand taking heavy risk for other investments and eventually he made his way through Bitcoin investment. Microstrategy today has one of the largest bitcoin assets in the world because he had the business that gave him the leverage.

[CONVOAI]

Michael Saylor shows how important vision is in business. It teaches us that opportunities often come from unexpected places. Many entrepreneurs focus only on their core business but Saylor proves that finding potential assets and moving in that direction can multiply the growth of a business. It is not just about starting a business you have to focus on new opportunities that's the real things.

[Dreadboost]

Yh about Michael Saylor, I have learnt a whole lot from him about Bitcoin,
What he says is what gave me confidence to move all in in Bitcoin investment. As a business man he came to understand how useful Bitcoin can be to him, and now he preaches about it making other business owners and investors understand too, now that is what I call a real Bitcoin investors, he doesn't just care about his personal benefits, his also conserned about the growth of the coin as well.
One of the greatest influencers

[letteredhub]

Business is one of the easiest way to be a millionaire but it’s hard to start a business. Only great minds like Saylor can make a business and execute everything properly, he even managed to include BTC to his business, and that’s how business minded people work. Business is not for everyone but I guarantee you that if you’ve started to change your thinking, and have discipline to your plans, everything is possible. Also, you need to be surrounded by a good mindset people to turn things in a good run.

When you already have an existing business that have gained stability then it's that easy to make money through other means leveraging on that business, it therefore makes the process of making money easy than when you are just getting started with no  financial structure. Being a business owner already shows that your mind and thinking is on a different pedestal from the crowd. What I admire about businessmen is that you can't find them around the tables where opportunities ain't discussed.

[Findingnemo]

If I am not wrong Saylor is at loss but still people are buying because they think Bitcoin will grow in the future or he is just giving them the hope that it will on every possible ways. It made him more money but what about the people, why they are buying something that is useless when they can own the real bitcoin which they can simply buy directly from an exchange?

People are ignorant and many just use them to make money.

[Asuspawer09]

Both are different ways, and if you are going to do bot,h it is possibly a valid way to become a millionaire even though it wasn't going to be a guaranteed thing, since it wasn't going to be that easy, or are you willing to? are you not going to give up at some point? When I was young I mostly did cryptocurrency and I really see a lot of people getting rich on cryptocurrency, which is surely possible if you are lucky enough or you know how to invest in it, but it was stilln't a guaranteed thing because it is still risky and we dont know what is going to happen in the future. There are also some traditional way mostly just doing business, which is also risky, but probably the best way to do it. There was no way you could multiply your money fast most effective way is starting a business, since this is what most millionaires do in order to be successful.

If your going to think about it, it might be risky for Michael's business since Bitcoin was a volatile asset meaning the value of it could go down, right what we are seeing, but he believed on Bitcoin, it might not matter in the long run since he could probably leverage it on Bitcoin investment, it's just a different strategy but still risky since business needed the cash flow but it could payout bigtime when Bitcoin skyrocket in the future.

[GeorgeJohn]

They dont teach how someone will become a millionaire..if it's what people will learn and become a millionaire many persons would have become a millionaire through the lectures of how to become a millionaire...

To become a millionaire is by been creative, must people who are millionaire and billionaire, were creative and innovative, a personal initiative can make you to be millionaire

Only if you have ambition and vision, if you work on your vision, you can become a millionaire...must of people who are millionaire today, did not learn or acquire the knowledge for someone lessons center..

[intrader]

Saylor is definitely a character. It's wild to see how he basically turned a company into a Bitcoin vault. I agree that the smart move wasn't just buying Bitcoin, but having the guts to use his business to do it when most CEOs were too scared to even look at crypto.
From what I see, he’s basically the ultimate HODLer. Some people laughed at him when the price was down, but he just kept buying more. It shows that having a long-term plan is usually better than trying to trade every little wiggle in the chart.
He definitely proved that Bitcoin is a serious asset for companies, not just for us individuals. It makes me feel a bit better about just holding my own bags when I see big players like him never selling

[viljy]

Well, now the price of bitcoin is already lower than the average purchase price of bitcoin by Michael Saylor, so at the moment he has an unrealized loss. Time will tell how his company can handle this. Once upon a time, difficult times were bound to come. And this moment coincided with the publication of Epstein's files, which allegedly contained hints of Bitcoin management from Israel. All this is just another market manipulation of the price.

[ChainNomad]

The part of environment is also much larger than some individuals want to acknowledge. The kind of friends that you have, the topics that you discuss and the habits that you develop can either widen your perspective or narrow it down. Becoming with motivational individuals is likely to make you develop higher expectations.
Consistency is preferable, however, in my view the intensity is less important. You do not have to make one big break, only continuous improvement, risky but intelligent, and patience. Getting rich is not a quick process. It is normally the outcome of rigorous decisions made over several years.

[sana54210]

Michael Saylor shows how important vision is in business. It teaches us that opportunities often come from unexpected places. Many entrepreneurs focus only on their core business but Saylor proves that finding potential assets and moving in that direction can multiply the growth of a business. It is not just about starting a business you have to focus on new opportunities that's the real things.

Not even just about the fact that he found new things, he actually changed his idea about something. He didn't like it and then he started to like it and made a profit from something he didn't like back in the day. In todays world, the biggest problem is that people have ideas that they hold onto even if they are proven wrong, they see something, make a decision where they will stand, and no matter what they are told, they will end up holding onto their own beliefs like it's a religion or something.

In reality, if you have an opinion, but you are proven wrong, smart thing to do is to use the facts and change your opinion and if you can't do that then I am sorry but you will make excuses all day long. He didn't do that, and that's why he is richer.