I understand this emotion, which is a variant of "digital game." If you sign up for a fertilizer company and one million people spend $1 on your fertilizer, you become a millionaire.
However, this is not an investment proposal and it is completely nonsense.
- Bitcoin is the best, why do you want to send coins? Twitter CEO's payment company Square chooses to firmly support Bitcoin
- China countered, the US stocks collapsed, and Bitcoin laughed.
- Bitcoin has been hit hard for 14 hours and has fallen by 14%.
- Cruel reality: Bitcoin and Ethereum will never be a means of payment
- Bitcoin has become the darling of academia, with more than 13,700 related papers in 2019
- Bitcoin rose, it turned out that someone silently assisted
For example, if every millionaire buys my book, I will be on the international bestseller list many times, but you and I know that this will not happen to me, even if I get " Readers like the five-star rating.
Most millionaires don't act according to your ideas
When I was on Capitol Hill, I was surrounded by millionaires. When I was working at H&R Block, I spent most of my time with several millionaires. As a landlord, I also met some millionaires (one of whom I think is my mentor). When working at the bar, one of my jobs was to entertain guests at fundraising sessions and important receptions.
Does this make me an expert in the field of millionaires?
Most millionaires don't spend money on unimportant things
Some millionaires must have spent money on those things. But most people value their wealth rather than luxury consumption.
John Rampton's essay "The 9 Daily Habits of Millionaires", the basic characteristics of the rich man he mentioned are similar to what I said.
Most of the wealthy people I know are actually spending very little. If they buy quality suits, limousines, expensive food, and rare art, it's because they appreciate quality and aesthetics. They want to enjoy the good things, not to show off.
And, you will be amazed at how many millionaires love to be cheap. Have you ever heard of the NFL (American Football League) boss, also a billionaire, still bargaining for a $300 veterinary bill? I have heard of it, and the veterinarian himself told me.
My point is that if you go to the vet or eat at a five-star restaurant, you are less likely to invest in virtual currency.
Most millionaires are old
Then look at these people:
How many rich people around the age of 61 care about bitcoin?
For Bitcoin, most millionaires are too rich and too busy.
They are actually very comfortable, financially free, and wealth continues to grow.
If you have enough money to do everything you want, and you still have the energy to make more money, then you are less likely to care if you missed Bitcoin. Maybe you are more willing to take the time to do what you like – such as career, spending time with friends and family, travel, work, socializing and the like.
Deciding to invest in Bitcoin is more like an afterthought. You may invest a little bit of Bitcoin because your friend or grandson told you, but you certainly won't think about insomnia to buy 1 bitcoin or 0.1 or 0.01 bitcoin. This is not a big deal for you.
A friend got 1 bitcoin and was a gift from her son. But she still doesn't know how to deal with it, she doesn't care. When you have a million dollars, thousands of dollars don't seem to be a lot of money. Is there any reason for a millionaire to buy bitcoin?
Most people buy Bitcoin only if Bitcoin is useful. If there is another indiscriminate bombing of the four-month-long media in 2017, and the subsequent bubble burst, millionaires will definitely not buy. If you want a millionaire to be crazy about bitcoin, Bitcoin needs to continue to demonstrate its role, growth and growth.
Before that, don't expect millionaires to be obsessed with bitcoin. But once Bitcoin becomes useful, they will come.
But then, the role of Bitcoin will be strong enough to make others really care about how many coins you have?
Risk Warning: All articles in Blue Fox Notes do not constitute investment recommendations . Investment is risky . Investment should consider individual risk tolerance . It is recommended to conduct in-depth inspections of the project and carefully make your own investment decisions.
Editor's Note: The original title: The Myth of Millionaire and Bitcoin