How do you define rich? - page 8. | Bitcointalksearch.org

jinxing

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Quote from: Golftech on May 07, 2021, 09:39:47 PM

Quote from: bosede1 on May 07, 2021, 09:15:03 AM

I will define rich as been able to conveniently without any stress provide for your basic need of life. When you have money and properties accrued to you. This is just the presence of money, this is synonymous to be wealthy.

When you already have comfortable life and you are able to spare extra money without having any problem or having any

difficulty in expecting to cover it back. Being rich hs itself definition, there are different kind of opinions from different types

of person, you have your own view about it as everyone have their own.

There are different views on how to define wealth. For poor people, having a lot of money and being able to meet their daily needs can be said to be rich and maybe that means the definition of rich for them. but for those who have a lot of money, can define wealth by putting their investment anywhere so that their finances can continue to grow and can create a business anywhere.

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Quote from: bosede1 on May 07, 2021, 09:15:03 AM

I will define rich as been able to conveniently without any stress provide for your basic need of life. When you have money and properties accrued to you. This is just the presence of money, this is synonymous to be wealthy.

When you already have comfortable life and you are able to spare extra money without having any problem or having any

difficulty in expecting to cover it back. Being rich hs itself definition, there are different kind of opinions from different types

of person, you have your own view about it as everyone have their own.

andriarto

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Quote from: GeorgeJohn on May 07, 2021, 04:37:51 PM

Quote from: paxmao on February 28, 2021, 06:50:10 PM

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

Richness can be seen in another perspective like something that is equal to the tax, from another definition of richness is a process of providing shelter, feeding properly, giving out some gifts, showing appreciations to people who are equal or less privilege, such as paying school fees to whom it may concern, so this idealogy of richness is a personal suggestions.

the greater the wealth of assets owned, it is directly proportional to the amount of state tax that must be borne, from this it can be revealed the amount of a person's total assets. in terms of material needs, I think rich people have no difficulty

coin.princess

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From a perspective of someone belonging in the middle-class group, being rich is being able to sustain basic needs without even having to worry if there is enough budget to be spent for the next days.

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Quote from: GeorgeJohn on May 07, 2021, 04:37:51 PM

Quote from: paxmao on February 28, 2021, 06:50:10 PM

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

Richness can be seen in another perspective like something that is equal to the tax, from another definition of richness is a process of providing shelter, feeding properly, giving out some gifts, showing appreciations to people who are equal or less privilege, such as paying school fees to whom it may concern, so this idealogy of richness is a personal suggestions.

Its just a part if someone does have the intent on doing so but majority of those rich people wont really be wasting up their money into those charitable actions which is really sad.

They do only think on how they would accumulate even more money.So this kind of thing is a bit questionable because not all rich people would really be ending or considering this kind of idea.

Defining rich is literally talking into those people who arent much affected in terms of financial.They have the capacity when it comes to investment and other transactions that involves money.

GeorgeJohn

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Quote from: paxmao on February 28, 2021, 06:50:10 PM

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

Richness can be seen in another perspective like something that is equal to the tax, from another definition of richness is a process of providing shelter, feeding properly, giving out some gifts, showing appreciations to people who are equal or less privilege, such as paying school fees to whom it may concern, so this idealogy of richness is a personal suggestions.

bosede1

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I will define rich as been able to conveniently without any stress provide for your basic need of life. When you have money and properties accrued to you. This is just the presence of money, this is synonymous to be wealthy.

KaliLinux

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Quote from: ecnalubma on May 05, 2021, 01:17:19 PM

I will consider myself rich if I able to provide my family what they need, the basic things, having a house, car for transportation and decent business is enough for me. Rich has different meaning to individuals but it depends on what level you are contented with.

You are right and the Key word here is Contentment. When you look around you, you would notice different level of people with different level of finance but some above your level financially might still be complaining every day about their money not being enough while you are just comfortable with what you have. So first of, if you are not contented with what you have an live according to that, you will always see your self as poor while the even lesser financial person will always see himself as rich because he can live according to what he has.

_{_{Even the Richest people in this world are still looking to make more money.}}

imstillthebest

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Quote from: conected on May 06, 2021, 01:50:13 PM

- Our satisfaction always increases exponentially, maybe when we have nothing, dreams will be very small but after completing the first dream, we will be more advanced in the next dream and everything will continue until our life ends,

if you have nothing you will crave for many things but if you have something the craving for things will decrease .
its a waste of money to have the latest model and if your device can run the basic thing that you need , thats a sign to be contented .

Quote

some will like being rich in one way but someone else will like to be rich in another, depending on what they own, they have different goals, but in general, all of them will lead them to the richest possible level, satisfaction is a system with no end points

thats two kinds of being rich . one is to stay simple and humble if he met his goals of being rich but the other will strive more to become rich in another level . i will choose the first one because its tiring if you dont have a contentment in life . you cant enjoy your money

peter0425

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Quote from: paxmao on February 28, 2021, 06:50:10 PM

How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

Rich defined about what you are having in value and not what you have in speculative .

If you have Holding Bitcoin then you are not totally rich because there is a opportunity that the value will fall.

But if you converted your coins to fiat then that will prove about your wealth in life.

rajakulam

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If Rich in the view of others is to have money or property that is unlimited and will not run out for seven generations, but for me it is enough only financially and is able to meet daily needs and have enough savings for old age.
because if you have enough money like the list of the richest people in the world it will never be enough if we can't be grateful.

conected

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Quote from: ecnalubma on May 05, 2021, 01:17:19 PM

I will consider myself rich if I able to provide my family what they need, the basic things, having a house, car for transportation and decent business is enough for me. Rich has different meaning to individuals but it depends on what level you are contented with.

- Our satisfaction always increases exponentially, maybe when we have nothing, dreams will be very small but after completing the first dream, we will be more advanced in the next dream and everything will continue until our life ends, some will like being rich in one way but someone else will like to be rich in another, depending on what they own, they have different goals, but in general, all of them will lead them to the richest possible level, satisfaction is a system with no end points

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Quote from: Weawant on May 06, 2021, 11:03:57 AM

In my environment, I should say that being rich has to be associated with power. You’ll never be rich without the power to keep your wealth consistently. Being rich also has to be consistent. You wouldn’t want to be a one day millionaire.

You can always have a million dollar on your bank but that wouldn’t guarantee you becoming rich in the long run. And in order to do that, you have to make sure you have enough cash flow at the point where you don’t need to work and you still earn while you sleep. Not just earn enough but earn more and it has to be in in growing curve.

But honestly, being rich for me is rich with Finance, Friends, Family and Spiritual. If I have these all at peace consistently? I don’t think I have to earn more than I could spend.

Money is always there if you know how the process and systems works. You will never ever lose a cash if you know the trick. So I guess, I should focus on building my relationships with my friends, family and myself. Freedom and inner peace is more important than anything in this world.

Of course, you put everything on the shelves and presented enough understandable thoughts about wealth and a rich person. But based on this, it can be understood that each person has his own understanding of wealth and a rich person. For one person, the word wealth may contain that financial amount of security that allows him to live comfortably and not deny himself anything, given a healthy
and a joyful family and a good family home. And for some, wealth includes not only huge bank accounts and assets, but also power in certain circles or in the state in general.

Weawant

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In my environment, I should say that being rich has to be associated with power. You’ll never be rich without the power to keep your wealth consistently. Being rich also has to be consistent. You wouldn’t want to be a one day millionaire.

You can always have a million dollar on your bank but that wouldn’t guarantee you becoming rich in the long run. And in order to do that, you have to make sure you have enough cash flow at the point where you don’t need to work and you still earn while you sleep. Not just earn enough but earn more and it has to be in in growing curve.

But honestly, being rich for me is rich with Finance, Friends, Family and Spiritual. If I have these all at peace consistently? I don’t think I have to earn more than I could spend.

Money is always there if you know how the process and systems works. You will never ever lose a cash if you know the trick. So I guess, I should focus on building my relationships with my friends, family and myself. Freedom and inner peace is more important than anything in this world.

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Quote from: fauzan Ichsan on May 05, 2021, 11:30:30 PM

in general, rich people are people whose lives are comfortable because they have a lot of money, so that any wish can be fulfilled. By using branded goods, they seem to occupy the top social status. but there are also rich people who are low profile, but from all of these good asset management will prevent poverty

This might be true in some cases, especially for the newer rich people. Having branded luxury good is usually a way to signal to others that you made it in life and that you have a lot of money. But what I noticed from the super rich is that they don't really care about these brands. For them it is more important to have functional things that help them in their daily life. Sure they have nice houses and nice cars but don't really want to show off, and are more interested in privacy and secrecy.

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in general, rich people are people whose lives are comfortable because they have a lot of money, so that any wish can be fulfilled. By using branded goods, they seem to occupy the top social status. but there are also rich people who are low profile, but from all of these good asset management will prevent poverty

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Quote from: quocsi on May 05, 2021, 05:03:15 PM

I think rich in knowledge, of material wealth, money, freedom... is called rich. Rich is when you have a lot of money, eat luxury food. You buy expensive stuffs. You travel all over the world. You have profound knowledge, understanding of many fields. At that time you are really rich.

I suppose one of the most important and good definitions of wealth is becoming wealthy in knowledge, because if you have the wisdom and knowledge, you will undoubtedly become wealthy in the future if you used it correctly.

Luxury items do not necessarily indicate that you are rich since they may not have come from their own wallet. But, to be honest, being wealthy means you're financially secure and won't run into any problems.

There are a lot of fake rich people out there right now, flaunting their wealth while actually relying on other people's income.

pixie85

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In my opinion you are rich when you can sustain yourself indefinitely and provide for your family.

The main difference between the average people and the rich is that rich people don't count money every time they want to buy something. They don't negotiate with their family members.

In most families and probably also in your family when a child wants a new computer you talk about it, check for the cheapest places to buy, ask what specs the child wants and think where you can do cuts to save money. Maybe a cheaper graphics card? Maybe a smaller drive?

It's the same with houses, cars. You think and talk about it. Do you really need 4x4 or some luxury feature like a sun roof or leather seats?

Rich people just buy things they like. If you see that thing you like in the store and can get it every time, you're rich.

quocsi

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I think rich in knowledge, of material wealth, money, freedom... is called rich. Rich is when you have a lot of money, eat luxury food. You buy expensive stuffs. You travel all over the world. You have profound knowledge, understanding of many fields. At that time you are really rich.

Twentyonepaylots

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I define someone as rich not by their current financial stature, or how much they earn on a daily or monthly basis, but on how good they can recover after a loss. Most "rich" guys that we know eventually empty their bank accounts within 2 generations because what they have most in money, they lack in proper financial management. A real rich person will find a way to get 100k after losing 10k. And that's how successful people in the world thrived.

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