I was chatting with my friends about crypto and then I brought up BlackRock... their response? "Who do you think you are, some Wall Street Forbes guy?" LOL. They were in this dream world, insisting that BTC will never hit 100k.
It's not just BTC though. Some altcoins like XRP are doing pretty well too. I honestly can’t respect my friends anymore. They want to build a house starting with the roof instead of laying down a solid foundation. The real base is knowledge and understanding how things work, not just chasing after "money."
It’s frustrating that people wanna build their house starting from the roof, the "money" part. What’s even worse is now they’re suddenly interested in topics like BlackRock and BTC ETFs, but I’m not in the mood to share my insights. I feel like they don’t deserve the knowledge right now, so I just told them to keep building that house from the roof!
I really can’t stand how everyone wants the good stuff but won’t put in the boring work like reading and educating themselves.
Now I totally get why wealthy folks tend to isolate themselves. It’s not just about having money or assets; it’s about their attitude, willingness to work, and the desire to share ideas and build connections. The rich don’t just look around and jump in when they see someone else with something; they’re actively engaged.
Having a poor mindset isn’t just about lacking cash; it’s a mindset of fear. Instead of figuring out how things work and networking, they just watch others. Thank goodness for influencers and YouTubers flashing their wealth and scamming people like my friends!! I used to think life was unfair, but now I see things differently.
There are rich people that are bitcoin critics. You do not have to make it insulting because some people (like your friends) do not believe in what you believe. Also that does not means they can not make it in life. Not only bitcoin that can make people rich. Richness can come from any other sources.
Although, bitcoin always proves to people that are critics that they are wrong.
What attitude do you cultivate towards money and what do you think the usage of money all about. If you think money is used as tools for success and not other way round, then you are on the right track to reaching your purpose. Your friends might be a kid in the mind with much of illusions that richness comes from thin air as newbies do think at the start of something, similar example of these illusions is that, you'll get high paid job immediately you graduate from the higher institutions but it might not be so.
There is process you have to follow if you want to get to the top and build house from the foundation as you said, don't ever think of skipping the process, the struggling beginning as that's where the story lies.
It's human nature to want all the rewards without any of the effort and it is that underlying greed that makes things like capitalism so effective. The average person can become moderately wealthy, however it requires a lot of learning about investing, some short to medium term delayed gratification and the understanding that it takes a long time to build a fortune - with many small decisions along the way towards making it. People see films that glamorize trading and think that the stock market is a roulette wheel with massive rewards if you pick the right company. That is true, but very few people will ever succeed this way reliably. The real path requires long term and regular investing in index funds, but if you are more advanced you can start picking individual company shares with the right research.
I agree with you, there are lots of opportunities out there that one can be come successful in life with and even become more rich than someone who went through the way of bitcoin.
Life is wide so at some point we go our different ways just to arrive at one point, so to op if you feel people don't realize the potentials of bitcoin then you have to leave it on them because bitcoin will have to prove them wrong but however people made it in life without bitcoin so don't think everyone thoughts will have to align with yours.
You dont have to cut off relationships with people just because they dont share your love for bitcoin. Bitcoin is not a religion that everyone must follow. Some people are conservative in their investments so telling them about bitcoin is like pouring water in a basket. Its best to let them do what works for them, that way you dont caught in the crossfire if their investment goes bad. Whatever you do, dont let your differences in investments affect your friendship.
Money should be seen as a tool that can help you achieve your goals, not the ultimate goal itself. Until you understand that money is just a means to an end, you can then focus on building the skills and knowledge necessary to create value in the world. Many people do have these illusions about wealth and success, they always think that it will come easily or quickly. But, as you said, theres a journey involved, and the struggles you face along the way are what shape your character and story.
Your friends were just ignorant about the crypto system. You were telling them about altcoins and centralized platforms. They should know about Bitcoin as a decentralized currency and an investment platform. To showcase their ignorance they said Bitcoin will not get to $100k but it has exceeded it. Your friends still deserve your respect because you might act the same way in an area you don't understand.
There are many rich people who still mingle with the average and low class in the society.
Your friends don't have poor mindset they might not be interested in investing in cryptocurrencies. Other investments or assets are also profitable. There were reports that cocoa was more profitable than Bitcoin last year.
Life is not fair; some people are more fortunate than others. An example is that people living in developed and free societies have better opportunities than those who live in underdeveloped nations.
There is nothing more superficial than money, yet nothing more profound. It is all too common for us, pitiable humans, to be deceived; advice falls short, and true awakening can only come from within
I think you already answered it, the rich doesn't associate with the poor people because a lot of these poor people have poor mentality that the rich doesn't want to associate with them. Take example your friends that you are just talking about, you were trying to tell them what will benefit them but they didn't listen to you, so how do you expect a rich to associate with such kinds of people. These are people that will even laugh at your dream if you tell it to them, they might mock you and ask you how you intend to accomplish it. The idea of the rich not associating with the poor is not just caused by pride but also the attitude of the poor person.
Yeah, I dont think that is necessarily poor mindset however they will definitely not progress any more further than where they are now given their mindset. They might be rich from other source but they might never expand their wealth if they are so close minded people. Why people continue to be rich is because they can explore and grow as a businessman or as an investor whatever one you may be.
in wealth does not depend on one source, because many sources produce wealth, and therefore many opinions are put forward but all depend on what they believe, because each of them has felt the benefits of the wealth that they have pursued even though they differ in the procedures used, depending on the abilities they master, of course with different ways of understanding.
As much as am a bitcoin enthusiast I still do understand that people don't have to associate or grow an interest in bitcoin after it's been shared to them for me to say yea they have made the right decision. Some people could be having a different business they are into which is pulling good profits to them and as a result are contented with that and therefore don't feel like trying something else new, especially what they have to start doing from the scratch.
I wouldn't get upset if anyone's decision fails to fall in line with mine. Nothing to hate there bruh.
Yes, it's true, bro, we can look for wealth in various sources, but what we have to remember is that we must guard all the wealth we have carefully and never waste money on things that are not necessary, don't waste money on things that are not useful, when we have wealth, use that wealth to further develop and never think short, we must have broad insight so that we can enjoy our wealth in the right way, one of the wealth that we can definitely use some of our wealth in business and long-term investments, so that our money continues to increase over time, so never stop trying with new businesses so that we can continue to grow.
Op, Yes , brother you are right. All people should work on the knowledge because knowledge is power in any fields . BTC is powerful cryptocurrency of the World and we can trust on that but always try to take step with information which you have in your mind because bad step will take your investment and you will be in the loss . Always work on their weaknesses and always try to work on that. People want to be rich in a night which is not possible in many of the cases because we need time to be rich if we will do struggle and will learn from the mistakes,will be rich people of the society. Don't invest money by hearing the words of friend because he is explaining good about that.But always try to see the market and do your own research and don't blame anyone in your life.
You don't have to be angry with your friends for having a contrary opinion from your's, that's how life is, if they are interested in discussing about blackrock BTC etf, then you should allow them, don't see that as being shallow minded, at the long run, we will see who has been right all along, so just stay put and watch how possible they would build a house starting from the rooftop instead starting from the foundation. Poor mind too can be from anybody, those that have money and those that don't have, so the rich too do make disgusting decisions that you will frown at if they open up to you about whats going on in their mind.
Sadly, people venture into business, without having a good knowledge of it. Foundation in this text means knowledge. We keep saying the rich get the upper opportunity to be successful, in this manner because they, first of all, study the business to know how to venture into it with the money they can afford to lose. As for some of the poor people they venture it at once without proper knowledge and research.
Take for instance, most newbie start-up Bitcoin trade because their friend or relation is doing it. Once they hear the success story, the rest is history. By right they really have to check the risk and gain of any business or marketing strategy they think of, so to know what can be done and doesn't of the trading of business
That's just how most people are they don't want to build a foundation just want to have the result as much as possible.
This is also why there are people in crypto think that it is a scam because they invested without knowing things in crypto.
They just know that they could earn from it from stories or friends they know but they don't want to know the risk and what it takes to succeed in crypto.
Same with anything, any subject or study its much harder to have genuine sustained interest, not surprising crypto would be any different. Most interested in cars cant handle the mechanics and may lack even the basic physics understanding of its motion etc. Yes almost all of us trust in the invention and continued success of combustion engines, motor technology.
I think its both positive and negative and a reflection of BTC and crypto going mainstream. Most just want a product to work, I think BTC has to be usable by a drunk personally it has to be safe and easy enough to do that so people dont have to fear it. I'm bullish so long as people can be ignorant of crypto exact details and yet benefit from it greatly, if that applies across the world its going to be a growth sector as it remains too rare in use at present.
everyone is different, some like stability, some like opportunity, your friend most likely the type of people who get trapped with the old idea of stability through investing in stable asset like S&P500 and call it a day, while that's not wrong, I can see why they confront with your idea and they're most likely gonna consider any new thing like BTC as just some random yapping.
personally, I just don't care with these kind of people, money always come to people who always take the risk and understand the game. now, people only gets attracted to bitcoin or crypto in general after it broke through people's expectation which pretty much means they're late to the party, but I think there's nothing wrong in educating them the underlying technical side of crypto in general.