Tony Robbins: Bitcoin Like Vegas

Tony Robbins Money Quote saying that because there are lots of risks and because of the volatility in the cryptocurrency market, investing in it is like gambling. Tony Robbins said:
 

 

“I’d take a certain amount of money and I’d go – ‘I know it’s just for fun I’m investing. I know I could lose. This is Vegas. And Bitcoin fits that category for me'” — Tony Robbins

In this quote, Tony Robbins seems to be characterizing Bitcoin as a speculative, high-risk investment akin to gambling in Las Vegas. A few key points:

• He refers to putting money into Bitcoin “just for fun” and knowing it could be lost, similar to how one might approach casino betting.
• Robbins directly compares Bitcoin to Vegas in terms of it fitting the category of an entertainment venture where losses are a real possibility rather than a reliable store of value.
• The quote conveys Robbins’ view that Bitcoin, like gambling, should only be invested in small amounts that one is fully prepared to lose rather than money needed for important financial goals.

Overall, Robbins appears to be cautioning against treating Bitcoin as a low-risk investment by emphasizing its inherent volatility and uncertainty, which align it more with speculative bets placed in Vegas than traditional assets. The message is Bitcoin carries significant risks of financial loss due to its unpredictability.

Ally Mbululo: Find Love Lose Money

Ally Mbululo Money Quote saying love is often very difficult to find and then once found, can be challenging to keep – losing loves is far more traumatic than losing a bet or an investment disappearing. Ally Mbululo said:
 

 

“Love is like money … hard to find easy to lose” — Ally Mbululo

Ally Mbululo is comparing love to money by saying that both are difficult to find but easy to lose. Finding true love or a meaningful romantic relationship can be challenging, as it requires meeting the right person, having mutual feelings, and developing a strong emotional connection. Similarly, earning or accumulating money requires hard work and saving over time.

However, once love is found or money is earned, both can be lost relatively easily through breakups, divorces, bad investments, spending habits, or unforeseen circumstances. The quote suggests that losing something as meaningful as love can be even more traumatic than financial losses. Overall, Mbululo is conveying that both love and money are precious yet fragile things in life.

Jade Chang: Money Can’t Make Feelings

Jade Chang Money Quote saying looking at cash doesn’t evoke feelings, so to make money or lose it brings those emotions. Jade Chang said:
 

“Just looking at a dollar bill did nothing to your emotions — you have to make money or lose money for it to make you feel anything. You can earn it, win it, lose it, save it, spend it, find it, but you can’t sell it because you never really own it” — Jade Chang

This quote from author Jade Chang suggests that merely looking at or thinking about money itself does not stir much emotion – true feelings of joy, stress or disappointment only arise when money is actively being made, lost, saved or spent through one’s actions and decisions.

While currency allows for transactions, one never fully “owns” money since external factors like markets or personal circumstances can influence its value.

The best interpretation is that true wealth is not defined by numbers in a bank account, but rather through life experiences, relationships and personal growth achieved through our choices involving this medium of exchange over which we have limited control.

Money’s purpose is to enhance life, not become the sole focus, as its permanence or meaning can shift without warning.

Donald Trump: Don’t Love Investments

Donald Trump Money Quote saying investment risk should be measured by willingness to lose the amount you invest, so hold on to what you love and can’t afford to say goodby to. Donald Trump said:
 

 

“How much money can you stand to lose? That’s how much risk you should assume. If you can’t afford to lose it, play it safe. Never fall in love with your investments. Do that and you’re in big trouble. To be a visionary and to be a billionaire, you have to chase impossibilities. Few ever get rich easily” — Donald Trump

In this quote, Donald Trump provides some advice about taking risks with investments. Some key points in interpreting his perspective:

• He suggests the level of risk one takes on should correlate to how much financial loss they can withstand, implying greater risk is acceptable for the wealthy.
• Trump warns against becoming too emotionally attached to specific investments, as that could cloud objective decision-making.
• He portrays pursuing “impossibilities” and not taking the easy path as traits of visionaries and billionaires like himself.

However, a balanced interpretation would note that risk tolerance varies significantly between individuals, and past successes are no guarantee of future returns. While ambition and calculated risk-taking can lead to rewards, overconfidence in long-shot bets could also result in loss.

A variety of factors beyond risk appetite determine both investment outcomes and business success over the long run. Overall, the quote reflects Trump’s outlook but a balanced view considers multiple reasonable perspectives on complex financial issues.

Eleanor Roosevelt: Lose Hope, Lose All

Eleanor Roosevelt Money Quote saying losing money is serious, but there are things far more important to protect from loss, Hope above all. Eleanor Roosevelt said:
 

 

“He who loses money loses much; he who loses a friend loses much more; he who loses hope loses all” — Eleanor Roosevelt

In this quote, Eleanor Roosevelt is suggesting that while the loss of money is unfortunate, there are even greater losses in life. She says that losing a friend is a much greater loss than losing money alone. However, losing hope is portrayed as the greatest loss of all, since without hope one has nothing left to look forward to.

Roosevelt seems to be encouraging people to keep a sense of perspective about what is truly important. Money comes and goes, but relationships and an optimistic spirit can sustain us through hard times.

The quote conveys the message that inner strength, meaningful connections with others, and hope for the future are far more valuable than any amount of wealth. By prioritizing these non-material aspects of life, one will be less vulnerable when inevitable challenges arise.

Birthday October 11, 1884 – Died November 7, 1962
 

Gary Vaynerchuk: Not Gonna Be Happy

Gary Vaynerchuk Money Quotation saying so many believe they will catch up with happiness if they get the money they have been after, but they will not get happiness even if they get the cash. Gary Vaynerchuk said:
 

 

“People are chasing cash, not happiness. When you chase money, you’re going to lose. You’re just going to. Even if you get the money, you’re not going to be happy” — Gary Vaynerchuk

In this quote, Gary Vaynerchuk is cautioning against making the pursuit of money the sole or primary goal in life. While financial success is important for basic needs and security, focusing exclusively on acquiring wealth often does not lead to true happiness or fulfillment.

When happiness is defined by net worth or social status defined by possessions, it can be fleeting and one is constantly chasing more. True happiness comes from within through strong relationships, helping others, finding purpose and passion in one’s work or community involvement.

Money should be a means to an end, not the end itself, otherwise even achieving financial goals may leave one feeling unfulfilled or empty.

The best approach is to define success and happiness in non-monetary terms first, and allow financial prosperity to follow as a natural byproduct of one’s efforts rather than the primary driver or measurement of one’s self-worth.

Edith Piaf on Disappearing Funds

Edith Piaf Money Quotation saying not knowing where money goes is not the same as losing it. Edith Piaf said:
 

 

“Money? How did I lose it? I never did lose it. I just never knew where it went” — Edith Piaf

This quote from French singer Edith Piaf suggests that money can easily slip through one’s fingers without conscious awareness of where it went. Even though she never intentionally “lost” her money, Piaf seems to be acknowledging that it was easy for money to disappear from her possession without her fully tracking where and how it was spent.

The quote conveys the idea that money can be spent or drain away gradually through small, incremental expenses that add up over time, without the spender necessarily keeping close tabs on the details of each individual purchase.

This can leave one wondering where all their money went, even if they did not experience a single large loss. Piaf’s quote humorously portrays the way money flows out imperceptibly without conscious effort, as if it vanished mysteriously rather than being spent intentionally.

Birthday: December 19, 1915 – Death: October 10, 1963

George Soros: Winnings vs. Losses

George Soros Money Quotation saying the ratio of wins to losses and the aggregate total matters more than the number of times you are correct or incorrect. George Soros said:
 

 

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong” — George Soros

This quote from George Soros emphasizes the importance of managing risk when making financial investments or bets on market movements. Mr. Soros is suggesting that what truly matters is not whether your analysis or prediction turns out to be perfectly correct, but rather whether you make a profit overall by considering both the potential gains from being right and the potential losses from being wrong.

You can still come out ahead in your investments even if you are not always right, as long as you are right enough of the time and keep potential downside losses small when your analysis proves inaccurate. It encourages focusing more on the financial outcomes of your decisions rather than an ideal of always needing to be factually right.