Mindset and how it can affect your investment decision.

[I_Anime]

When making an investment decision, your mindset plays an important role, different people with different mindset as we have the rich and the poor mindset. When it comes to making of investment decision, the rich minded people think of investment and how to multiply any money in their  hand, that is the first thing that comes to the mind of a rich minded person. In the other way round, the poor minded people does not think of investment, once their is money in their hand , what the poor minded person think about is what to buy to make him or herself feel good, they will either buy new car or expensive clothes and does not think of multiplying their money.


In Bitcoin investment, the rich minded people are the ones investing in bitcoin with the purpose of making profit on the long run, while the poor minded people are always full of excuses, instead they use their money for luxury and things that can not make them gain balance financially.

Yeah our mindset can affect our investment in so many ways . Like already thinking about the profits we are going to make in an investment, the truth is that when come to investing there’s no guarantees you will make profits even bitcoin investment is not an exception too . The truth is that we should have the mindset of readying for anything , another way it can affect us , is thinking that we can get rich quick by investing in crypto, yeah many did it , doesn’t mean yours will belike theirs crypto is a gradual process . You build (accumulate) and secure (hold) what you have built before , waiting for what you’ll get in return (ROI).

[Josefjix]

In Bitcoin investment, the rich minded people are the ones investing in bitcoin with the purpose of making profit on the long run, while the poor minded people are always full of excuses, instead they use their money for luxury and things that can not make them gain balance financially.

I don learn say life no be two, if you get money enjoy the money nothing be the thing, no take because you want stack up no come enjoy life but at the same time some level of money suppose go for investment wey go double your money, no be like say I mean say you go enjoy everything. one thing wey we go know about poor people be say them dey dwell in the presence and not future however, them dey enjoy life pass who dey build for future sometimes you self fit no enjoy weytin you build all the investment na children or others go enjoy and so no forget to enjoy too.

You see luxurious life as enjoyment? The rich enjoy pass the poor, the poor only sees enjoyment as in the case of drinking beer every weekend, smoking and carrying babe dey smash, that's the poor view of enjoyment and it's quite expensive.

The rich way of enjoyment is very simple but beneficial, you could see them visiting a natural place to feel the nature with 1 bottle water, sees them going to tourist center to observe God's creature, all these aren't expensive but meaningful.

So when they say, the rich invest, it doesn't means using money to stack assets, it also means, going, staying and visiting places that build their mentality, makes them think rich and grow rich in mindset, money and health.

[Stable090]

In Bitcoin investment, the rich minded people are the ones investing in bitcoin with the purpose of making profit on the long run, while the poor minded people are always full of excuses, instead they use their money for luxury and things that can not make them gain balance financially.

No be all poor people mindset be that, and d reason why some poor people no det invest na because say money no dey. Person wey never see money chop, how u want make that kin person take invest in bitcoin, some people immediately dey get small money, na how dem go take arrange things for themselves na him dem go dey fine. Na just d ones wey no get sense go dey do things wey u talk.

If you no get stable source of income, and u wan invest in bitcoin, then e go dey hard, because if u don dey broke, and u no get Wetin u wan chop again, u no go get choice than make u go sell the bitcoin wey u dey try hold, and u go use d money guide.

Rich people mentality dey different, because dey don get already, because dem get money already, even if dem invest there mind no go really dey that side, but poor man wey never chop, how u want make dem invest. Na just poor people wey no get sense go dey after luxury life if dem come later get small money.

[Makus]

When we talk about poverty it's not just about the absence of money, it's a mentality. This is the reason why you can give someone 10 million naira and he or she ends up exhausting it and if you give someone else that same amount of money they utilise it and multiply it within a year or two, what's the difference between these two people? it's their level of thinking or mindset. One values temporal gratification over long term achievements gotten through making sacrifices and investments. someone with a poor mindset can't make investments.

[Inior]

When making an investment decision, your mindset plays an important role, different people with different mindset as we have the rich and the poor mindset. When it comes to making of investment decision, the rich minded people think of investment and how to multiply any money in their  hand, that is the first thing that comes to the mind of a rich minded person. In the other way round, the poor minded people does not think of investment, once their is money in their hand , what the poor minded person think about is what to buy to make him or herself feel good, they will either buy new car or expensive clothes and does not think of multiplying their money.


In Bitcoin investment, the rich minded people are the ones investing in bitcoin with the purpose of making profit on the long run, while the poor minded people are always full of excuses, instead they use their money for luxury and things that can not make them gain balance financially.

Firstly, Investing in bitcoin or investing in general has nothing to do with the rich or poor, it just people with different mindset. Even among the rich there are people who are wealthy because of their investments. it's possible to become rich overnight but that doesn't make you an investor, people have become rich from gambling and still go back broke.
Secondly there are poor people who are making a lot of investment but their level of exposure and experience is the only hindrance to their success, meanwhile someone can become rich by inheriting their fathers property. So the arguments of investing has nothing to do with being poor or rich, it's just a mindset something.

[WhoYouCantKill]

When we talk about poverty it's not just about the absence of money, it's a mentality. This is the reason why you can give someone 10 million naira and he or she ends up exhausting it and if you give someone else that same amount of money they utilise it and multiply it within a year or two, what's the difference between these two people? it's their level of thinking or mindset. One values temporal gratification over long term achievements gotten through making sacrifices and investments. someone with a poor mindset can't make investments.

This is just exactly the conversation I was having with someone a few days ago. A person’s life is structured around their mindset, mentality and mental maturity. Just like you said, poverty isn’t just about not having money, it goes beyond that, being financially incapacitated but with the right mindset about life can’t be called poverty because it only takes the right opportunity and the perfect timing ( even though most of the times people can create their own) to experience a shift from that financial state to another one. People should quit working on doubling their income and start working on their mindset, cos a person can do more than 5 shifts and earn good money for each shift but still remain in financial lack.

[iBaba]

~~~

Yeah our mindset can affect our investment in so many ways . Like already thinking about the profits we are going to make in an investment, the truth is that when come to investing there’s no guarantees you will make profits even bitcoin investment is not an exception too . The truth is that we should have the mindset of readying for anything , another way it can affect us , is thinking that we can get rich quick by investing in crypto, yeah many did it , doesn’t mean yours will belike theirs crypto is a gradual process . You build (accumulate) and secure (hold) what you have built before , waiting for what you’ll get in return (ROI).

I think one’s mindset is an integral part of your investment strategy and will largely determine your investments success or otherwise. If you have a strong and realistic mindset over investment, you will adopt a forward thinking and optimistic attitude towards investing. You will want to keep investing regardless of the situation, whether it is during the bearish cycle or the bullish period when the market is pumping positively. It is a positive mindset that makes you want to keep buying even when the market is red because you have adopted a DCA method and don’t want to stop investing. It is a positive mindset that makes you consistent investor in the crypto market.

[Big Dirams]

When we talk about poverty it's not just about the absence of money, it's a mentality. This is the reason why you can give someone 10 million naira and he or she ends up exhausting it and if you give someone else that same amount of money they utilise it and multiply it within a year or two, what's the difference between these two people? it's their level of thinking or mindset. One values temporal gratification over long term achievements gotten through making sacrifices and investments. someone with a poor mindset can't make investments.

This is just exactly the conversation I was having with someone a few days ago. A person’s life is structured around their mindset, mentality and mental maturity. Just like you said, poverty isn’t just about not having money, it goes beyond that, being financially incapacitated but with the right mindset about life can’t be called poverty because it only takes the right opportunity and the perfect timing ( even though most of the times people can create their own) to experience a shift from that financial state to another one. People should quit working on doubling their income and start working on their mindset, cos a person can do more than 5 shifts and earn good money for each shift but still remain in financial lack.

I totally agree with you, mindset is something that set us free from some deep situations and making good decisions for ourselves. Just as you did said one can be making 4 to 5 shifts a day just to make money or even work in different places in a day just to be financially stable but at the long run things ends up going the opposite direction just because such individual lacks the right mindset or even maybe lacks financial management.
  A lot of people might be making stable money from a stable jobs but they might end up facing a lot of difficulties and problems due to lack of money management. Mindset set things right for us in one way or the other even though some users might take it for granted, when we have the mindset of not being in difficult and take the right path then we will break through and make financial stability for our own self. 

[AYOBA]

When making an investment decision, your mindset plays an important role, different people with different mindset as we have the rich and the poor mindset. When it comes to making of investment decision, the rich minded people think of investment and how to multiply any money in their  hand, that is the first thing that comes to the mind of a rich minded person. In the other way round, the poor minded people does not think of investment, once their is money in their hand , what the poor minded person think about is what to buy to make him or herself feel good, they will either buy new car or expensive clothes and does not think of multiplying their money.

He/she who wanted to involved his self on the investment taken the best decision with good mindset is the best role to achieve what he/she needed in the investment. But do you see investment you can never compare rich people and the people when it come investment matters, be their far difference from each other those rich men’s they don’t care how much they will lose in the investment but the poor people that are struggling on how to survive with their families and your excepting them to take the little amount of money they’ve to investment what if they lose everything?

[Princess Leah]

When making an investment decision, your mindset plays an important role, different people with different mindset as we have the rich and the poor mindset. When it comes to making of investment decision, the rich minded people think of investment and how to multiply any money in their  hand, that is the first thing that comes to the mind of a rich minded person. In the other way round, the poor minded people does not think of investment, once their is money in their hand , what the poor minded person think about is what to buy to make him or herself feel good, they will either buy new car or expensive clothes and does not think of multiplying their money.

He/she who wanted to involved his self on the investment taken the best decision with good mindset is the best role to achieve what he/she needed in the investment. But do you see investment you can never compare rich people and the people when it come investment matters, be their far difference from each other those rich men’s they don’t care how much they will lose in the investment but the poor people that are struggling on how to survive with their families and your excepting them to take the little amount of money they’ve to investment what if they lose everything?

Rich people care about expanding their wealth and sustain it for generations to come so they go for investment options with mostly long-term features that would produce more wealth in the future and even teach their kids how to maintain the wealth to continue running through their linage.

 Whereas many poor people are struggling like you've said and would likely satisfy their needs when they manage to get money, forgetting about the future nor making more money to become richer, it takes someone who really wants financial freedom to be stable in his/her family to invest for the future and do whatever it takes to maintain the wealth though it requires patients and consistency.

[Cleanshit]

When we talk about poverty it's not just about the absence of money, it's a mentality. This is the reason why you can give someone 10 million naira and he or she ends up exhausting it and if you give someone else that same amount of money they utilise it and multiply it within a year or two, what's the difference between these two people? it's their level of thinking or mindset. One values temporal gratification over long term achievements gotten through making sacrifices and investments. someone with a poor mindset can't make investments.

This is just exactly the conversation I was having with someone a few days ago. A person’s life is structured around their mindset, mentality and mental maturity. Just like you said, poverty isn’t just about not having money, it goes beyond that, being financially incapacitated but with the right mindset about life can’t be called poverty because it only takes the right opportunity and the perfect timing ( even though most of the times people can create their own) to experience a shift from that financial state to another one. People should quit working on doubling their income and start working on their mindset, cos a person can do more than 5 shifts and earn good money for each shift but still remain in financial lack.

I totally agree with you, mindset is something that set us free from some deep situations and making good decisions for ourselves. Just as you did said one can be making 4 to 5 shifts a day just to make money or even work in different places in a day just to be financially stable but at the long run things ends up going the opposite direction just because such individual lacks the right mindset or even maybe lacks financial management.
  A lot of people might be making stable money from a stable jobs but they might end up facing a lot of difficulties and problems due to lack of money management. Mindset set things right for us in one way or the other even though some users might take it for granted, when we have the mindset of not being in difficult and take the right path then we will break through and make financial stability for our own self. 

You are very much right I have witnessed such things before back then when I was younger well, there was this man who had about 3 work place and he was really much seeing the funds but at the end of the day there is nothing to show for it and was more like he is hard working infact he didn’t places family members first, but later when he was due for payment he hardly no what he ended up doing with the payment from his work place, i feel this was more like mindset or something because it has get me confused and from the storyline and at times it more he lying but maybe he might not be..

[Zigabel]

In Bitcoin investment, the rich minded people are the ones investing in bitcoin with the purpose of making profit on the long run, while the poor minded people are always full of excuses, instead they use their money for luxury and things that can not make them gain balance financially.

This your idea about the rich and the poor mentality on investment is not a realistic one enough, this is my reasons, because someone is trying to invest does not mean they will completely avoid luxury and not enjoy the good things of life while they can because they are trying to invest, by the way, why do you invest? if you are able to answer this question well enough, then you will have a really different perspective and idea of invest, mind you, you have to be alive, healthy and fine for you to be able to invest properly and enjoy the proceeds of your investments.

If you are investing in Bitcoin solely because you wan to get rich, i doubt you will even have the patience enough to get rich through Bitcoin. The rich who invest in Bitcoin do not actually invest in it because they want to get rich but mostly because they want to store value for the future and not to get rich, and yes because they are rich, they do not invest from that which they want to use to meet up their basic needs, but out of their residual incomes or the excess they will not be needing at the time, and that is why they posses the capacity to HOLD for a very long time and get better profit yield form their investments. So always make sue you are meeting up with your basic needs first before you attempt investment so you will not be gambling or recycling money in the name of investment and not be a profitable investor because you always need that money you just invested few days back, you are depending on it to meet up a basic need.

[Crypto_Timothy]

I dont think it is always that black and white, like the “rich mindset” vs “poor mindset” sometimes it is just that the income level of people are very different, thier responsibilities are also different and how much risk they can actually afford to take, all these factors have to be looked into before judging. Not everyone avoiding investment is doing it out of ignorance, some people are just trying to survive with basically what they have and also in Bitcoin, long-term thinking is important, but it still comes down to discipline and your understanding, like someone can have money and still make poor decisions and someone with less can still invest wisely in small amounts, so it really just depends but that is the reality.

[yixichloro2xx]

When making an investment decision, your mindset plays an important role, different people with different mindset as we have the rich and the poor mindset. When it comes to making of investment decision, the rich minded people think of investment and how to multiply any money in their  hand, that is the first thing that comes to the mind of a rich minded person. In the other way round, the poor minded people does not think of investment, once their is money in their hand , what the poor minded person think about is what to buy to make him or herself feel good, they will either buy new car or expensive clothes and does not think of multiplying their money.

He/she who wanted to involved his self on the investment taken the best decision with good mindset is the best role to achieve what he/she needed in the investment. But do you see investment you can never compare rich people and the people when it come investment matters, be their far difference from each other those rich men’s they don’t care how much they will lose in the investment but the poor people that are struggling on how to survive with their families and your excepting them to take the little amount of money they’ve to investment what if they lose everything?

Rich people care about expanding their wealth and sustain it for generations to come so they go for investment options with mostly long-term features that would produce more wealth in the future and even teach their kids how to maintain the wealth to continue running through their linage.

 Whereas many poor people are struggling like you've said and would likely satisfy their needs when they manage to get money, forgetting about the future nor making more money to become richer, it takes someone who really wants financial freedom to be stable in his/her family to invest for the future and do whatever it takes to maintain the wealth though it requires patients and consistency.

sometimes the difference is not really about being rich or poor, but how people see money and use it. People with low amounts of money focus on solving immediate need first like food, bills, debts etc. So because of this , they hardly think of anything about a long term plan. But still they can still find a way to build something meaningful. Instead they can create a tighter budget for themselves regarding the type of income they get. Even though it's little amount of money they use in investing, if they are consistent with it. It will surely result in something meaningful. Even a rich person who doesn't plan well can also end up in the same situation as that of a poor person. That's it all comes down to your mindset and habits.

[Yeesha]

One can only take a horse to the stream but you can't force it to drink from that stream, allow anyone that is buying luxury materials with their money to do as they wish to because that is what is of importance to them at that time. Being rich is not meant for everyone, I don't know why we see it as if it's very necessary for everyone to become rich. We chose what we want because we have that privileged, being rich is difficult and to be poor is simple, that's why most people chose the last one.

The fact is that every individual should always maintain his or her financial stability, because it is very important. It is not a crime for an individual to fulfil their requirements or purchases whatsoever they desire, but the most important thing is to set limits and know what to purchase and what to suspend, because our lives depend solely on the decisions we made and it can influence us either positively or negatively. Our mind should not always focus on how to fulfil our wants, rather we should prioritise our needs. It is easy to spend but its very difficult to work in order to earn. Everyone has the ability to grow higher and achieve great things in life, including a successful investments, but what kills people's interest is the kind of mindset that they possess, thinking that they can't do it.

The fact about life is that every step you choose to take in life no matter how difficult it may seem to be, the first thing you must do is believing in yourself, believe in your ability and capability, because if you doesn't believe that you can achieve that particular thing, there is no way you will be able to achieve it, why? Because that is exactly what your mind believes in, and you may find it very difficult to focus on that. Our mindset greatly contributes to our way of life, and maintaining positive mindset is the key. I know that it is very hard and impossible for an individual to achieve all of his wishes in life, but still we should approach them with positivity including positive mindset.

[Princess Leah]

sometimes the difference is not really about being rich or poor, but how people see money and use it. People with low amounts of money focus on solving immediate need first like food, bills, debts etc. So because of this , they hardly think of anything about a long term plan. But still they can still find a way to build something meaningful. Instead they can create a tighter budget for themselves regarding the type of income they get. Even though it's little amount of money they use in investing, if they are consistent with it. It will surely result in something meaningful. Even a rich person who doesn't plan well can also end up in the same situation as that of a poor person. That's it all comes down to your mindset and habits.

I like what you said, who says poor people can't invest, I've observed that some poor don't care about understanding how different investment works cause they feel they're not financially okay to go into any not knowing that someone mustn't be too wealthy before putting their money into a good investment.

 I believe it's more of lack of understanding that makes some poor people feel reluctant about investments, if they're aware that it's not bad to start gradually an accumulate an asset like Bitcoin for years,I believe they'll give it a second thought.

[GiftedMAN]

I believe it's more of lack of understanding that makes some poor people feel reluctant about investments, if they're aware that it's not bad to start gradually an accumulate an asset like Bitcoin for years,I believe they'll give it a second thought.

Poor people consider things like investment as a waste because they consider that they will eat first as their Major problem and some of them believe they will never have the money to continue their investments running if they begin that's why you see most of them running around trying to work only to consume all they make in the name of feeding. Poor people are fund of procrastination and delay in decision making they do not think about the future because they believe they will never go far beyond where they are at the moment if they think about the future they understand the power of starting small and growing gradually with Bitcoin investment, the DCA method is a very good investment strategies for anyone who is poor at least it will be convenient enough for them to invest with the amount they can afford either weekly or monthly.

[Xackie]

Humans have different lives and situations. So it's not everyone that is in the rightful position or sense to thinks about investing first. For some as soon as they get their income especially for low income earner a lot of stockpiles of bills are already waiting for them e.g rent, debt, utilities, food etc, so to them sorting those bills is more important than investing. That doesn’t mean they lack mindset, it means their situation is different. A rich person can easily invest without even worrying about some unpaid expenses. But still investment is open to anyone, especially Bitcoin, even your little money still counts as long as you're doing it consistently. If it is $2 that you have to spare , use it to invest, so when life becomes better in the future you can increase your investments funds.

[Mr_Brilliant$]

In Bitcoin investment, the rich minded people are the ones investing in bitcoin with the purpose of making profit on the long run, while the poor minded people are always full of excuses, instead they use their money for luxury and things that can not make them gain balance financially.

I don learn say life no be two, if you get money enjoy the money nothing be the thing, no take because you want stack up no come enjoy life but at the same time some level of money suppose go for investment wey go double your money, no be like say I mean say you go enjoy everything. one thing wey we go know about poor people be say them dey dwell in the presence and not future however, them dey enjoy life pass who dey build for future sometimes you self fit no enjoy weytin you build all the investment na children or others go enjoy and so no forget to enjoy too.

You see luxurious life as enjoyment? The rich enjoy pass the poor, the poor only sees enjoyment as in the case of drinking beer every weekend, smoking and carrying babe dey smash, that's the poor view of enjoyment and it's quite expensive.

The rich way of enjoyment is very simple but beneficial, you could see them visiting a natural place to feel the nature with 1 bottle water, sees them going to tourist center to observe God's creature, all these aren't expensive but meaningful.

So when they say, the rich invest, it doesn't means using money to stack assets, it also means, going, staying and visiting places that build their mentality, makes them think rich and grow rich in mindset, money and health.

Nor be say poor man nor sabi enjoy better thing, na just say level never reach..  If person dey hustle just to survive, e go naturally define enjoyment based on wetin e fit afford at that moment..  Nor be say na only beer and babe dem sabi, na condition just limit options.

And for rich people too, na truth say 70-80% of them enjoyment dey simple and beneficial, dem nor dey like do much, as long as they can get that calmness of mind and as well a plus up to their mentality then dem dey alright..

And yes, environment dey shape mindset.. Where you go, wetin you see, who you dey around… e dey affect how you think. Even as person wey never too get, you fit still expose yourself to better things, learn, observe, upgrade your thinking small small..

[WhoYouCantKill]

  A lot of people might be making stable money from a stable jobs but they might end up facing a lot of difficulties and problems due to lack of money management. Mindset set things right for us in one way or the other even though some users might take it for granted, when we have the mindset of not being in difficult and take the right path then we will break through and make financial stability for our own self. 

I’m glad you get the point I’m trying to make. The idea or mindset that people need to make a lot of money before they can be financially free or stable is just another misconception that is ravaging people. Yes, people needs money, but no necessarily too much of it to be financially stable, a good financial management skill and approach can do the trick, more than working several shifts. Understanding this would give one clarity on not just how to spend wisely but also how to earn wisely too.