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Economy => Economics => Topic started by: TEBTC on March 28, 2024, 01:36:31 PM



Title: The benefits of risk taking
Post by: TEBTC on March 28, 2024, 01:36:31 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities


Title: Re: The benefits of risk taking
Post by: alastantiger on March 28, 2024, 01:43:22 PM
Let me tell you that for some people contemplating entrepreneurship, it is better they stick with their 9-5 than take the entrepreneurial risk. Some want to answer entrepreneur so bad that they do not take calculated risk. They do not make smart goals. They are not ready to learn. It's lonely being an entrepreneur because the buck stops with you. There's no expectation of a monthly earning and you have to suffer at first. It is failure and repeated failure. And for those 9-5ers contemplating entrepreneurship, the benefit lies in not taking that risk.


Title: Re: The benefits of risk taking
Post by: avp2306 on March 28, 2024, 02:12:51 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Not everyone built to be a businessman that's why you can't blame other people to have fear on something unusual to them. But if you think your calling is to create a business out of the money you can afford to lose then be it since if you are ready then provably with that you can see some good changes to happen. But for those people who's not prepared to take a big step on their life then maybe we can't ask anything more larger than we thought since we all have different perspective on how we look at certain things in life. But try to create a business and maybe we don't notice that they proceed to target that they want to achieve.


Title: Re: The benefits of risk taking
Post by: Spaceman1000$ on March 28, 2024, 02:29:09 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
There is no doubt about the fact that, it is good to take risk, in fact those who have succeeded in winning big especially in gambling, are big risk takers as some will even tell you that, it's too risky not to take risk. But however it is good to take a calculated Risk, not just anyhow Risk. It's not all business that involves risk, a lot of businesses are less risky with a lot of profit margin, while some way very risky with higher profit margin. OP I will like to correct one impression you made, "when you take risk you throw yourself to the real of possibilities" the truth is when you throw away risk, you also threw away caution with it, and that's not good for an entrepreneur whose soul aim is to make profit out of a business. So in involving yourself into any business, there is need to calculate the risk factors before getting yourself involved.


Title: Re: The benefits of risk taking
Post by: |MINER| on March 28, 2024, 02:50:18 PM
It is not possible to invest in any business without taking risks.  Because every business has the potential for both profit and loss.  So in every business you have to take risk. If you don't invest in business thinking of loss or if you don't invest in a trusted platform, you won't be able to grow your money and you won't be able to establish yourself in any business.  Every action in life involves taking risks.  And today all the successful businessmen or successful traders have been successful today because they took this risk.  And there are many stories of loss in their lives.  Only those who take risks can profit at the end of the day.  But you have to think before doing every thing and know before investing money in every place and then invest.  If you know for sure that investing in this place can hurt you, then you will never take the risk of investing there.


Title: Re: The benefits of risk taking
Post by: DeathAngel on March 28, 2024, 02:55:19 PM
Risk taking in life offers many benefits. It encourages you to push yourself out of your comfort zones & into new experiences. Risk taking fosters resilience, as overcoming challenges builds strength & character. It also pushes creativity & innovation as it requires thinking outside the box. Calculated risks can lead to greater success & achievement opening doors to new possibilities & rewards.


Title: Re: The benefits of risk taking
Post by: electronicash on March 28, 2024, 03:08:26 PM

every time you decide on something you risk something also. you and your wife decide to buy a house in the city, you are risking whether it's a good neighborhood to raise a child.
you decide to buy a house far from the city, you risk whether you can find a good job far from the city. every decision appends risks.

because you throw yourself into many possibilities, you gotta do your worst. this is why you need plan to achieve your goals.


Title: Re: The benefits of risk taking
Post by: knowngunman on March 28, 2024, 03:43:16 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

It's more risky when refuse to take risks but again that doesn't mean you should take risk without calculations and rely absolutely on probability. It is very important to weigh the outcome of the risk you're about to take and the consequences. Life itself is the major risk and taking risk has become part of our lives if we want to unlock opportunities. However, it should be taken moderately with caution in order not to be consumed in the process of risk taking.

Those successful men and women don't just wake up one day and jump into risk without being calculative. It is those who calculate risk before hoping in that are successful. Gamble addict or similar people are also taking risk but their own is uncalculated risk hence, some of them are struggling.


Title: Re: The benefits of risk taking
Post by: AVE5 on March 28, 2024, 04:05:35 PM
Risks are measures being undertaking to achieve a goal but with a potential of loosing valuables along the lines.
Risks are indeed Worth taking but must be on the concepts that it'd profit is such as the business entrepreneurs, scientists, technologists, arts and lot of them which would either profer and individual income or be of soluable to the society.
Without risk taking we're probably not going to meet with the goal of our dreams neither might we be able to reach a greater height.


Title: Re: The benefits of risk taking
Post by: mindrust on March 28, 2024, 04:16:33 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Zero risk = Zero profit

If you are somehow making money (big or small), it means you are taking risks. Your day job has its own risks as well. You are getting monthly pay checks but you can get fired and lose you job too.

Imagine the people who started to learn computer programming 5 years ago only to find out that most of what they learned would become obsolete because of AI. They took a risk, they learned programming but since AI is taking over, now they are not needed that much anymore. (I know it doesn't apply to the people who are experts in very specific fields of programming, like engineering stuff)

A basic retail merchant will make money almost all the time if his shop is located in a busy area, but a place like that would be an expensive purchase. Or... He can buy some cheap store which is in the middle of nowhere but then a few years later that deserted place may become a busy area.

What would you do? Would you take that risk and buy that store in the suburbs? Or would you prefer that expensive store that's on a busy street?

If you buy that cheap store and know something which other people don't, you will make a killing. Otherwise, you'll have to be incredibly lucky. You'll have to deal with poor people and you may not like it. High risk.
If you buy the expensive store, there won't be much room for expansion because the street is already as crowded as it can get. You will make money indeed but your landlord will be your partner. You'll exactly get what you paid for. Low risk.


Title: Re: The benefits of risk taking
Post by: TravelMug on March 28, 2024, 04:17:14 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Yeah, but you should also learn to give up and then reinvent yourself if you are a entrepreneur. Others goes on a leap of faith, quit their job and focus on their business and it was a big risk and I know several people did that and be successful in their lives. And that is one great thing though about risk, the unknown and you really don't know what will be the outcome. If you feel that it didn't work the first time though, so back up and see what went wrong. And if you really have that goal in mind, then take two for you and hopefully you will be successful on your second attempt.


Title: Re: The benefits of risk taking
Post by: TheUltraElite on March 28, 2024, 04:19:41 PM
It is all about risk appetite, a term that denotes how much risk you can sustain without getting bankrupt, in layman terms.

If you are having a low risk appetite then crossing that you are putting yourself in harm. Like for example, a person who earns 100$ in a month should not gamble with 80$ on a casino or buy a shitcoin worth of 80$.

A step not taken is always a loss, but there needs to be subtlety regarding these statements.


Title: Re: The benefits of risk taking
Post by: CODE200 on March 28, 2024, 04:22:42 PM
Risk taking in life offers many benefits. It encourages you to push yourself out of your comfort zones & into new experiences. Risk taking fosters resilience, as overcoming challenges builds strength & character. It also pushes creativity & innovation as it requires thinking outside the box. Calculated risks can lead to greater success & achievement opening doors to new possibilities & rewards.
Wise words, children that don't experience taking a risk ends up not living a prosperous life, they all are too hung up to stay in their comfort zone that anything new is going to be a problem for them, it's never going to be the meek ones that don't try anything new and that's good for them that would inherit this world from the old generation, it's going to be the risk takers and the explorers, they're the ones that will be discovering new things and they'd be the ones that would be doing lots of crazy things that will turn the world upside down, for better or for worse. The good thing about risk taking is that, the older you get, the more you're likely to not mind taking a risk but if you want your kid to be one that's likely to be successful, you'd probably start teaching them the art of calculated risk taking.


Title: Re: The benefits of risk taking
Post by: Yaunfitda on March 28, 2024, 04:24:57 PM
I wouldn't call it benefits of risk taking though. I mean if you take that big risk, you really understand that it might bring you a big reward down the future. And we here successful individuals mentioned it in their motivational speech every graduation. So it's just the question of taking all in and risk everything on the line for you. And I do agree that there could also be and end goal here, at least something that is worth to take that risk. There is the obvious uncertainty, but still though you dive into the darkness and only the desire in your heart. So in order to be successful, you need to confront your fears, here is a good list of risk takers. (https://www.kauffman.org/list-of-40-risk-takers//)


Title: Re: The benefits of risk taking
Post by: Findingnemo on March 28, 2024, 04:25:02 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

I am the one who took risk and failed which costed me a fortune so what will be my State of mind take risk or just let it be and live the life with what you have got instead of ruining everything.

Risk taking is part of life but you don't have to do that mandatory and risk taking depends on individuals and their tolerance level which varies based on their financial status and how much commitments they got to do.


Title: Re: The benefits of risk taking
Post by: kryptqnick on March 28, 2024, 04:32:08 PM
Taking risks is definitely a part of life. A lot of decisions involve some risks, so not taking any risks means limiting oneself very often. That being said, there's a difference between being ready to take some risks and being reckless, ignoring the dangers. When taking risks, it's important to realize what you're doing, what might happen, how likely it is to happen, and what can you do if something unfortunate happens. This way, you can invest, you can try to build a business if you feel like you can take the risks, and you know what to do if things don't work out.


Title: Re: The benefits of risk taking
Post by: Yatsan on March 28, 2024, 04:57:30 PM
Something which is not required but rewarding if you would embrace it. It is like having a wuarter and a chance to make it double or even more, but also a tendency that you'd lose it. Risk is best explained by gambling it is also present with investments. The difference on the other hand is of course discussed on other topics. Now, going back with having a quarter and taking the risk, you may just keep it at least you'd have the 'assurance' that you'll have it to be able to buy certain things on its amount. In this instance you are also choosing to throw away the opportunity of making it with multiplier or simply to make the amount bigger. Assurance versus hope; it now depends on the individual which one should be leading for a better outcome. Eitherway would be fine as long as the one to do that will be all prepared 'coz there's still no easy money.


Title: Re: The benefits of risk taking
Post by: Cryptomultiplier on March 28, 2024, 05:23:44 PM
The kinds of risk per individual endeavor exists and it is the duty of the individual to know how much tolerance for risk they can endure.
Great fortunes has been met upon a risky venture.
How do you categorize the tales of treasure island, if not risk and reward?
Well, that may just be a tale, but in all reality, great success or reward is often a repercussion of the risk that were taken.

Making financial decisions and investment is another level of risk that many living humans must undergo in order to live a better life. It is a necessity. There's no risk without reward. Besides, without taking risks and having a tale to tell, what other fun could make life a living?


Title: Re: The benefits of risk taking
Post by: Queentoshi on March 28, 2024, 05:47:38 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
Because many people believe that they are taking the risk, they have made many wrong decisions that they now regret. Risk taking should also involve a level of calculation, some risks are not worth taking, the dangers far outweigh the benefits.

Let me tell you that for some people contemplating entrepreneurship, it is better they stick with their 9-5 than take the entrepreneurial risk.
The entrepreneurial environment is an environment that is filled with many risks, so if you know that you will be unable to handle this risk because they are sometimes very large and difficult for one person to manage it is better you work under the risk management of someone who is skilled enough to handle the risk and make some money for yourself. Entrepreneurship is not for every person.


Title: Re: The benefits of risk taking
Post by: tottong on March 28, 2024, 06:24:12 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

It will be directly proportional when someone takes risks but they don't master what they are doing. Basically, taking risks is important to change someone's life, but you have to understand what you are doing.
If not, then it is the same as betting because when we take risks we do not control what we are doing. Every time we take a risk, it has been carefully considered and why we dare to do it is because we have confidence in success. Taking risks is good for self-development as long as the risks we take are considered properly.

Likewise if someone takes the risk of being involved in investment, then before they decide, they must have studied investment properly. So that every risk that will occur can be minimized and will not make the wrong decision.


Title: Re: The benefits of risk taking
Post by: AnonBitCoiner on March 28, 2024, 07:27:00 PM
I think taking risk is good idea but it also depends on field and if we knows that the present field will not give is profit then in such case taking risk is useless and will cause loss of money. In case of cryptocurrency trading and investment there is a greater possibility of losses money but when someone learn well then this possibility can reduces to certain percentage.

Information is present about bitcoin and some altcoins which we can use to reduce the risk and increase the probability of making money and everything is possible with the help of patience. Take the risk when you become familiar with the selected field but when you have no knowledge about a single word then it is not about taking risk but it is about to loss all amount of money due to your carelessness.


Title: Re: The benefits of risk taking
Post by: Cookdata on March 28, 2024, 09:32:57 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk

If we all think in the same direction, the world wouldn't move the way it's and not many would make anything. Have you thought about if we the world is full of people that doesn't take risk, do you think internet would even exist today? What if we all agree to be smart and take risk, the would would be full of smart people trying so hard to make opportunities. This is why we have losers and we have winners, people that took risk win the most but that doesn't mean they don't lose too.

Quote
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Sadly, not everyone will take risk, not everyone is born to take risk. We have some people that want to take the risk but doesn't have what it takes to start which is the money. This is to tell you that the world is not fair to everyone, those who want to take risk will continue to do and those who don't want to will continue to be in their state, that's how the world revolves.


Title: Re: The benefits of risk taking
Post by: serjent05 on March 28, 2024, 10:23:19 PM
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Great entrepreneurs and businessmen do not take risks without calculating them.  They don't just get into risky situation without knowing how they can minimize and get through it.  There is no benefit in taking risk blindly.  Most of the time if one is taking risks blindly, they end up in a loss.  Great entrepreneurs and businessmen is always cautious in their business venture.  They often identify the risk involved, think of a plan for minimizing that risk, and make a fail-safe tactic if things go out of their hands.

In short, it is not the plain risk-taking that has benefits but rather an intelligent approach to calculating risk and minimizing it that has huge benefits.  It is not the courage to face risk that gives benefits but rather the ability to minimize or control the risk involved in a venture.


Title: Re: The benefits of risk taking
Post by: Maslate on March 28, 2024, 10:47:44 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Risks are inevitable. In life, there are possible risks that could lead to success if you are aware on how to overcome those risks, but if you are being fearful taking all those risks, then most likely you will not achieve something significant in your life. While risks can be powerful, but it can also mess up your life if you are not smart enough to beat them.

All businesses have certainly its risks. But as long as these businessmen learn to take calculated risks and never gets fearful in dealing them, expect that the business will progress and eventually create its target profits, but for those who never gets to deal with risks, they will never experience being productive in their business.


Title: Re: The benefits of risk taking
Post by: ringgo96 on March 28, 2024, 10:56:22 PM
I think taking risk is good idea but it also depends on field and if we knows that the present field will not give is profit then in such case taking risk is useless and will cause loss of money. In case of cryptocurrency trading and investment there is a greater possibility of losses money but when someone learn well then this possibility can reduces to certain percentage.

Information is present about bitcoin and some altcoins which we can use to reduce the risk and increase the probability of making money and everything is possible with the help of patience. Take the risk when you become familiar with the selected field but when you have no knowledge about a single word then it is not about taking risk but it is about to loss all amount of money due to your carelessness.
In doing something new, we must be ready to take risks so that we know where we find weaknesses so that in the future we can improve them to make them even better. Likewise, when we invest, of course the risks we face are already there, so we must be prepared to experience losses. Before making a profit, whatever we do we must be ready for any situation.


Title: Re: The benefits of risk taking
Post by: btc78 on March 28, 2024, 10:57:10 PM
It is essential to take risks in order to succeed in life and one should never steer away from doing so however it should be done in a way that is educated and calculated. A person who takes risks after carefully studying and thinking of ways to minimize said risks is a brave person while a person who takes risks blindly is just stupid. Not all risks should be avoided but also not all risks should be taken.


Title: Re: The benefits of risk taking
Post by: oktana on March 28, 2024, 11:07:12 PM
People who are scared of taking risk would never get anywhere until they start taking risks. Successful people have failed at what they do so many times, they are only successful because they learnt from those failures. There’s not one successful person that never failed. So we should look at failure as a stepping stone to success. Once we can tell ourselves this, our minds are more likely to accept risks because we then know that failing is important too.


Title: Re: The benefits of risk taking
Post by: Bd officer on March 29, 2024, 02:47:03 AM
People who are scared of taking risk would never get anywhere until they start taking risks. Successful people have failed at what they do so many times, they are only successful because they learnt from those failures. There’s not one successful person that never failed. So we should look at failure as a stepping stone to success. Once we can tell ourselves this, our minds are more likely to accept risks because we then know that failing is important too.
Yes, to be successful in anything you have to take risks. It is true that one cannot succeed without failure. There are risks no matter what you do. More profit can be made in the work that has more risk. I have invested in bitcoins there is more risk. I will be riskily holding long and hope to make a lot of profit from here. So whatever you do, you have to take risks.


Title: Re: The benefits of risk taking
Post by: sekalitas on March 29, 2024, 06:35:17 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Yeah, that's absolutely true! I agree that risk is an inherent part of life, and to achieve success, we need to become calculated risk-takers. However, it's crucial to distinguish between recklessness and calculated risk-taking. It's important to understand that not all risks are created equal. Success lies in assessing potential risks, developing mitigation strategies, and making informed decisions that align with your goals and risk tolerance.

And in my opinion.  Starting with smaller, calculated risks and gradually increasing them is a smart way to ease yourself into a risk-taking mindset. This allows you to gradually build your risk tolerance and gain confidence in your own decision-making abilities.


Title: Re: The benefits of risk taking
Post by: Promocodeudo on March 29, 2024, 07:10:46 AM
Risk taking can make you rich overnight but let's not forget that no mater how we are it, if you take risk, you should be expecting two things in return is either you fail in your risk or you scale through, it is not certain that you must benefit when you take risk but be open-minded if you are on the move of taking risk, lets be realistic even though we see found risk necessary, we should take risk without being calculative, a risk taker should identify when to strike, you don't just take risk because people tried and succeeded in it, try as much as possible to be smart, though it is better to take risk and not taking risk because risk is involved in everything we do is just that we can't identify them easily as individuals. 


Title: Re: The benefits of risk taking
Post by: angrybirdy on March 29, 2024, 08:54:57 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Is it related to the other thread regarding change career or something? If so, like what I've always told to other people, I'm a firm believer that everyone has their own destined career future, we aren't able to tell other people what they need to do, maybe some of us are destined to become a business owners but majority is destined to become a great employee in a company because in every society needs a balance. About taking a risk, I know that not all people are risk taker, there are some who's afraid to take a risk in their life because of some personal reason or maybe they are just contented on what they have in their life and that's totally fine, we don't have to force them to take a risk because before we tell them this, they already know it and it's their choice if they stay in the position they have in their lives now.


Title: Re: The benefits of risk taking
Post by: boty on March 29, 2024, 10:14:44 AM
Risk taking can make you rich overnight but let's not forget that no mater how we are it, if you take risk, you should be expecting two things in return is either you fail in your risk or you scale through, it is not certain that you must benefit when you take risk but be open-minded if you are on the move of taking risk, lets be realistic even though we see found risk necessary, we should take risk without being calculative, a risk taker should identify when to strike, you don't just take risk because people tried and succeeded in it, try as much as possible to be smart, though it is better to take risk and not taking risk because risk is involved in everything we do is just that we can't identify them easily as individuals. 
There are many things that need to be considered when deciding to take a risk, because if we do not understand well the risks we will face, of course we will experience losses because we are unable to face the risks we face and it would be better for us to understand them well first. about the risks that we will face so that when we take risks we can get results according to what they expect and if they do not understand the risks they are taking of course they cannot get perfect results from what they have tried.


Title: Re: The benefits of risk taking
Post by: Uhwuchukwu53 on March 29, 2024, 11:27:59 AM
It's more risky not to take a risk, but I stand to be corrected not all risk is Worth taken Even in the business line you can't take risk of producing what the society is not in need of and expect a success in business, because it's a risk people failed to venture in, every risk most have success attraction or objective to be achieved, if one surpassed the challenge associated to the risk and come out victorious, but where such success can't  be found taking such risk is meaningless.

Many take risk but the risk falls in meaningless and wasteful effort because their target on the risk is no value to mankind, every risk must have something to offer either to the public or personal gain to who venture into the risk.

My opinion is that one must calculate the kind of risk, if it Worth to avoid wasteful effort without result. Because many go into risk but ends up not achieving the purpose.


Title: Re: The benefits of risk taking
Post by: adiksau0414 on March 29, 2024, 11:39:20 AM
As what the topic wants to imply. Here are some benefits that we can learn and somehow apply to our life:

1. Growth and Learning: Risk-taking can lead to new experiences and opportunities for personal growth and learning. Stepping outside of our comfort zones can help us develop new skills, gain confidence, and expand our knowledge.

2. Innovation and Creativity: Taking risks can lead to new ideas and innovations that can drive progress and success. By exploring new possibilities and pushing boundaries, we can come up with fresh solutions and approaches.

3. Resilience and Adaptability: Taking risks can help us become more resilient and adaptable in the face of challenges and setbacks. By overcoming obstacles and learning from failures, we can develop the strength and skills to bounce back and keep moving forward.

4. Increased Confidence: Successfully navigating risks can boost our self-confidence and belief in our abilities. Taking on challenges and achieving goals can help us feel empowered and capable of tackling future challenges.

5. Greater Opportunities: By being willing to take risks, we can open ourselves up to new opportunities and experiences that we may not have otherwise encountered. This can lead to new relationships, career advancements, and personal growth.

6. Personal Fulfillment: Taking risks can lead to a sense of accomplishment and personal fulfillment. Stepping outside of our comfort zones and facing our fears can bring a sense of satisfaction and pride in our abilities.


Title: Re: The benefits of risk taking
Post by: 0t3p0t on March 29, 2024, 11:43:26 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Yeah it's no guts, no glory. I think it is part of decision making skills when you are brave enough to commit or take a risk just to make some gain. Human instinct is also related to this and we are born to be problem solvers, risk takers though not all of us are gifted with the ability to develop all this but still we are part of it. Risk taking is a skill we need to hone so we can take advantage of it.


Title: Re: The benefits of risk taking
Post by: tottong on March 29, 2024, 12:36:48 PM
Yeah it's no guts, no glory. I think it is part of decision making skills when you are brave enough to commit or take a risk just to make some gain. Human instinct is also related to this and we are born to be problem solvers, risk takers though not all of us are gifted with the ability to develop all this but still we are part of it. Risk taking is a skill we need to hone so we can take advantage of it.

Taking risks is a step that must be taken because we will know the level of difficulty to reach the stage of success.
By daring to take risks we will have the opportunity to reach a much greater stage of success compared to people who do not dare to leave their comfort zone.
Every decision made definitely involves conscience because conscience is often more reliable, although knowledge must also be present before a decision is made. The risk will be proportional to the level of success that one wants to achieve when someone has the knowledge to make decisions. For example, if someone wants to develop an interest in business then before making a decision they must have knowledge about business.


Title: Re: The benefits of risk taking
Post by: SOKO-DEKE on March 29, 2024, 01:15:33 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Certainly! It's true that life involves taking risks, but not all risks are worth taking. So, when considering investing in a business, it's crucial to have a good understanding of it beforehand. This helps assess whether the potential risks are justified or not. That's why some people are hesitant to take risks if they don't see them as worthwhile based on their research.However, if they identify opportunities for investment or business ventures with lower risks, they are more likely to proceed confidently. In essence, it's about weighing the potential rewards against the possible consequences and making informed decisions. By being knowledgeable about the business landscape, individuals can mitigate unnecessary risks and increase their chances of success in ventures they undertake. Therefore, it's prudent to carefully evaluate risks before committing to any investment or business endeavor.


Title: Re: The benefits of risk taking
Post by: reagansimms on March 29, 2024, 01:37:42 PM
Taking risks is not a completely bad thing. The first thing you have to know, risk is a challenge. So it's normal for someone to think taking risks is a difficult thing, but if you don't dare to take risks you will never know what a new challenge in life feels like. Taking risks is also one way to encourage someone to continue improving their skills. You must have a detailed plan before taking a risk so that you are always ready to face whatever the outcome of the courage to take a risk is. Even though there may be uncertainty in taking risks, this decision is a path that can open up new opportunities for you.

Your courage to take risks will broaden your horizons and push yourself out of your comfort zone, it is likely that you will discover new innovations and be able to access resources you never thought of before. People who have achieved this level of success have gone through many challenges, failures in taking risks have made them strong individuals. The road to success is not as easy as imagined, they have learned many things from failure, when they fall in a business, they will try to get up again by learning from failure to achieve success.


Title: Re: The benefits of risk taking
Post by: retreat on March 29, 2024, 01:59:48 PM
Businesspeople who take risks to achieve their success are people who have predicted various possibilities that will occur from their decisions. Because people who take risks without considering various things in their decisions are the same as careless people and they are betting on their lives - on the one hand if they succeed then they are successful, but on the other hand if they lose then they will lose everything.


Title: Re: The benefits of risk taking
Post by: junder on March 29, 2024, 03:20:07 PM
Great entrepreneurs and businessmen do not take risks without calculating them.  They don't just get into risky situation without knowing how they can minimize and get through it.  There is no benefit in taking risk blindly.  Most of the time if one is taking risks blindly, they end up in a loss.  Great entrepreneurs and businessmen is always cautious in their business venture.  They often identify the risk involved, think of a plan for minimizing that risk, and make a fail-safe tactic if things go out of their hands.

In short, it is not the plain risk-taking that has benefits but rather an intelligent approach to calculating risk and minimizing it that has huge benefits.  It is not the courage to face risk that gives benefits but rather the ability to minimize or control the risk involved in a venture.

I agree with you, indeed when it comes to business there are times when we have to take risky actions as is usually called "taking risks". but of course a wise person will not do this without considering it, even though this is a big risk, of course it must be considered first because it is impossible for us to just do this risky action carelessly, even though it is risky it doesn't mean it isn't considered first, Of course, it must be considered carefully, especially when it concerns the future of the business being run. It's true what you said, there's no point in taking risks blindly. We should also pay attention to every action we take that concerns our own business.

I think business people who do this are brave business people because in my opinion this certainly makes ourselves more courageous in doing things whose aim is for the good of the business even though there are big risks waiting for us, but this trains our own mentality. I'm sure not everyone can do this, therefore people who do this are probably only people who have a strong mentality.


Title: Re: The benefits of risk taking
Post by: leonair on March 29, 2024, 03:26:39 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
If you don't take risks, you will never do anything good. one cannot live a happy life by working because the job gives a certain amount of salary but it requires a lot of hard work. which cannot offer you a very good life  So if you want to be rich and enjoy a comfortable life then you need to invest and earn a lot of money. and if you invest, there will be risk. and those who can take risks are successful in life and can live a luxurious life.


Title: Re: The benefits of risk taking
Post by: bluebit25 on March 29, 2024, 03:30:56 PM
History has proven that successful entrepreneurs are those who dare to take risks. When you take risks, you open the door to new possibilities and successes that you never expected. However, not everyone has the qualities to become an entrepreneur. Can't blame someone, because they are afraid of new things. But if you have the will to build a business from the capital you can afford to lose, boldly do it. Prove to yourself and others that you can make positive changes!

As for those who are not ready for big steps, please respect their opinion. Each person has a different way of viewing risk. Try encouraging them to start a business, they may not even realize they are getting closer to their goal.


Title: Re: The benefits of risk taking
Post by: Fakhrulenclix on March 29, 2024, 05:01:30 PM
History has proven that successful entrepreneurs are those who dare to take risks. When you take risks, you open the door to new possibilities and successes that you never expected. However, not everyone has the qualities to become an entrepreneur. Can't blame someone, because they are afraid of new things. But if you have the will to build a business from the capital you can afford to lose, boldly do it. Prove to yourself and others that you can make positive changes!

As for those who are not ready for big steps, please respect their opinion. Each person has a different way of viewing risk. Try encouraging them to start a business, they may not even realize they are getting closer to their goal.
Taking risks doesn't only apply to people in business, it also applies to investment.
It's true that basically there is no possibility of profit without risk so we can choose between them, if we don't dare to take risks then there is no possibility of profit, that's the basic science.

Sometimes there are also people who have very mature calculations so that they will not take a step with a big level of risk, no matter what, we have to respect other people's opinions because these people have different ways of thinking.


Title: Re: The benefits of risk taking
Post by: Ricardo11 on March 29, 2024, 05:20:54 PM
No investment is possible anywhere without risk. Because in each case the risk and probability of profit is 50% / 50%, the probability of profit is 50% and the probability of loss is 50%. That is, any one will be. If you want to do anything in life, you have to take risks. Today's successful people must have achieved success by taking risks. They were successful because they took risks. But you can't invest in a place where you can definitely lose. You must research and invest that have the potential to make a profit.


Title: Re: The benefits of risk taking
Post by: Kelward on March 29, 2024, 05:48:26 PM
Risk taking is a part of life, we take risks everyday without even realizing  most of it, risking accidents by crossing the expressway everyday to go to work, cooking in the kitchen with all the fire harzards and cutting with knives, these are common risks that we overlook everyday. Financial risks are the main focus of everybody, and if you're not ready to take risks, then you're not ready to reach the next level of financial prosperity and freedom, but it's important to take calculated risks, so that the person will not become worse off than when he started the risk. Thinking out of the box to enter into a better financial prosperity means that the person must take calculated risks.


Title: Re: The benefits of risk taking
Post by: Sorryfor on March 29, 2024, 05:51:46 PM
Nothing in the world can be properly achieved without taking risks. For example, if a woman wants to become a mother, her life is at risk because of this, a new life is created. It is almost impossible to expect great success without risk in his business. Because if you want to start a new business, if you invest your money there, there is a possibility of success against the possibility of loss through this investment. However, it is normal for new businessmen to struggle at the beginning.  I know a person in our country, who worked continuously for six years to become an entrepreneur and still he did not get his desired result, then it was seen that in just one year his company became the best in the country and now the figure is around 3000 crore rupees. like  So nothing comes with success without risk or there are thousands of such examples that you can understand. To achieve great success in life, risk will come, even if you don't want it to.


Title: Re: The benefits of risk taking
Post by: irsykes on March 29, 2024, 06:09:37 PM
If you understand the basic science and material, you won't be afraid of something, the risk has become fate. For me, investment and business risks are normal within the scope of that relationship. It's just that I once experienced a failure which became an important lesson so that it doesn't happen again. Therefore, basic knowledge and materials are very important for future development


Title: Re: The benefits of risk taking
Post by: AprilioMP on March 29, 2024, 06:16:32 PM
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

There is no victory and success, the risk must be created and must be resolved.
Risk of part of the history of our life journey of humans in living a life that can be unavoidable. Ready or not, the risk must be faced because life is not about how later but what we are living.

Risk is not only present and owned by entrepreneurs or business. The risk has existed since we exist. We who can now think tomorrow I will eat what, so there is no situation that is free from risk. The point is that we are the winners who are ready with risks when we are born.

That's what I understand about risk.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on March 29, 2024, 07:06:57 PM
Simply put if for example you do not dare to take even the smallest risk then it is better not to get involved in the business world because after all business is a profession full of risk taking in every decision, and we must understand and know that all successful people in the business world always start their journey with courage in terms of taking risks but not without reason and without science as well. Failure is part of the journey and those who have now managed to achieve success are those who never complain because of failure, because failure is not the end of everything but something that delays your journey to true success where with failure you will get valuable learning.

This means that people who succeed in achieving success are those who are not afraid in terms of taking risks and also who are able to take lessons in every failure they have gone through so that in the end they have a lot of experience and knowledge that ultimately leads them to the success they want, I understand that it is not as easy as turning the palm of the hand but the proof is that there are some people who really succeed when they never give up.


Title: Re: The benefits of risk taking
Post by: aylabadia05 on March 29, 2024, 08:22:46 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Running away from opportunities just because they don't dare to take risks, for me these types of people only want instant results even though that's actually not true. You can be sure that this type of person will always be at the bottom and never above the level of success they dream of.

Where is there a business that has no risk? Every business always has risks, whether big or small. In certain situations where it is very difficult, it is also recommended to be patient and continue as you are because at the end of it all there will be a way out.
Never mind self-confidence, the type of person who is not ready to take risks also does not believe in the beliefs they hold.
In theory it is also not recommended to be afraid of risks.


Title: Re: The benefits of risk taking
Post by: freedomgo on March 29, 2024, 10:51:04 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
If you don't take risks, you will never do anything good. one cannot live a happy life by working because the job gives a certain amount of salary but it requires a lot of hard work. which cannot offer you a very good life  So if you want to be rich and enjoy a comfortable life then you need to invest and earn a lot of money. and if you invest, there will be risk. and those who can take risks are successful in life and can live a luxurious life.
Its not that you will never do anything good, as one can still live life normally even without taking some risks. However, if you stay on your comfort zone and avoid taking risk, you are likely going to miss opportunities that will definitely improve your life status. Life is a risk itself, if you don’t know how to deal and manage the risk, you will never experience the best things in life. At some point, you have to take some risk for you to be able to know your worth and how far can you go with your own potentials.


Title: Re: The benefits of risk taking
Post by: arimamib on March 29, 2024, 11:03:00 PM
~

There is no victory and success, the risk must be created and must be resolved.
Risk of part of the history of our life journey of humans in living a life that can be unavoidable. Ready or not, the risk must be faced because life is not about how later but what we are living.

Risk is not only present and owned by entrepreneurs or business. The risk has existed since we exist. We who can now think tomorrow I will eat what, so there is no situation that is free from risk. The point is that we are the winners who are ready with risks when we are born.

That's what I understand about risk.
Risk is an inherent aspect of the human experience. Victory and success are inseparable from risk which is deeply rooted in the essence of human existence. Our journey has been marked by countless instances of people and societies taking risks in pursuit of progress, growth, and fulfillment. When entrepreneurs boldly innovate and explore new frontiers, risk has been a constant companion. Every achievement in human history has been preceded by a willingness to confront uncertainty.

Risk permeates every aspect of our lives, not only business or entrepreneurship. Whether it's deciding whom to trust, pursuing a new relationship, or making career choices, every decision carries with uncertainty and potential risk. Human must have resilience and adaptability inherent in the human spirit. It is our ability to navigate these risks that defines our journey and shapes our destiny. Victory and success are not passive achievements but rather the result of courage, resilience, and a willingness to embrace risk.


Title: Re: The benefits of risk taking
Post by: Youngkhngdiddy on March 29, 2024, 11:19:53 PM
If you don't take risks, you will never do anything good. one cannot live a happy life by working because the job gives a certain amount of salary but it requires a lot of hard work. which cannot offer you a very good life  So if you want to be rich and enjoy a comfortable life then you need to invest and earn a lot of money. and if you invest, there will be risk. and those who can take risks are successful in life and can live a luxurious life.
  There will be no result if you don’t try out something, and even when you fail while trying the zeal to still want to get to the end result of what you are looking for shouldn’t be undermine. They are people that failed so many times and even after doing serious jobs and not quitting. Everything in life is risk, you just have to look for the  one that will pave the way for you.  Risks increase your chances of becoming rich and successful. No one ever got rich and successful without taking risks. The greater the risks, the bigger/greater the reward. That’s why highly risky investments generate the biggest returns while low risk investments have low returns.
  Studies found that businesses continue to grow when risk management aligns with their business objectives. A risk management strategy could allow a business to not only face the crisis effectively but also turn the crisis into an opportunity for growth. Effective risk management entails an organization to be proactive and agile to deal with unforeseeable risks. The ability to assess, manage, and plan for potential risks will aid a company to successfully allocate its resources to limit the impact of the risk. However, the lack of risk management planning would subject an organization to face the complete financial liability of the risk, which can impact business continuity.


Title: Re: The benefits of risk taking
Post by: oktana on March 29, 2024, 11:21:21 PM
Risk taking can make you rich overnight but let's not forget that no mater how we are it, if you take risk, you should be expecting two things in return is either you fail in your risk or you scale through, it is not certain that you must benefit when you take risk but be open-minded if you are on the move of taking risk, lets be realistic even though we see found risk necessary, we should take risk without being calculative, a risk taker should identify when to strike, you don't just take risk because people tried and succeeded in it, try as much as possible to be smart, though it is better to take risk and not taking risk because risk is involved in everything we do is just that we can't identify them easily as individuals. 

What you say is valid but it depends on what kind of risk you’re talking of. For instance, driving a car is risky, but do you expect that you would have an accident? No. My point is that there are low risks for certain things. It could be a little thing like my description or even investments. There are some which are obviously high risk and those are the ones you should be really expecting a two way outcome. But for something that has low risk, it’s unlikely we expect the negative part because it is unlikely to happen.


Title: Re: The benefits of risk taking
Post by: AmoreJaz on March 29, 2024, 11:31:59 PM
What you say is valid but it depends on what kind of risk you’re talking of. For instance, driving a car is risky, but do you expect that you would have an accident? No. My point is that there are low risks for certain things. It could be a little thing like my description or even investments. There are some which are obviously high risk and those are the ones you should be really expecting a two way outcome. But for something that has low risk, it’s unlikely we expect the negative part because it is unlikely to happen.

Every activity that we have in life have some type of risk involved. So it is up to you what you will venture into, and you are the one who should weigh the pros and cons because no one will do it for you.

As this will bring you new opportunities, it is up to you how you will use it to your advantage. There are of course other benefits that you can acquire by traversing a new path =
> boosted confidence
> new skills
> more creative
> builds resilience
> know yourself more
> create new experiences
> self-satisfaction and more...


Title: Re: The benefits of risk taking
Post by: Egii Nna on March 29, 2024, 11:49:07 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Talking about risk does not only mean exposing yourself to danger, but it also includes the mind's ability to make decisions and also having a wise decision for your own personal interest, which comprises many things because you can’t just take a risk without knowing the potentiality of the risk, which comprises both the positive and the negative aspects of the risk. This is what many fail to understand, which is why they mostly fail when they take a risk. 
 
Normally, there are risks that are not meant to be taken, because when you take such a risk, you most surely regret it. That is why the saying that says "take the risk and get rich" didn’t work for everyone because some are not meant to be rich no matter the higher risk they take. That is why even the fingers are not equal, so definitely that economic balance will be there because if there are not those that are poor, the economy will never be stable. Although some think that risk is for everyone, they do not know that you have to have a great IQ to succeed in taking risks because, without knowledge, the risks that you take might not work for you because everyone has their own future.

 

This means that people who succeed in achieving success are those who are not afraid in terms of taking risks and also who are able to take lessons in every failure they have gone through so that in the end they have a lot of experience and knowledge that ultimately leads them to the success they want, I understand that it is not as easy as turning the palm of the hand but the proof is that there are some people who really succeed when they never give up.

Taking anyhow risks doesn’t determine your success, but knowing the risks you do take is what will determine if you will be successful, not because success is not seen in the level of risk you take, but the level of the risk that you succeed on. That is what many find hard to understand, because talking about risk also deals with patience. Even though you take a risk that you know will be a great achievement for you, when you get reliant or think that you will not make it again, you might still lose because no risk goes in vain unless the risk that is normal is meant not for success. Without patience, you will always give up, and when you are willing to take a risk, you don't have to give up.


Title: Re: The benefits of risk taking
Post by: kotajikikox on March 30, 2024, 03:16:58 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Risks are inevitable. In life, there are possible risks that could lead to success if you are aware on how to overcome those risks, but if you are being fearful taking all those risks, then most likely you will not achieve something significant in your life. While risks can be powerful, but it can also mess up your life if you are not smart enough to beat them.

All businesses have certainly its risks. But as long as these businessmen learn to take calculated risks and never gets fearful in dealing them, expect that the business will progress and eventually create its target profits, but for those who never gets to deal with risks, they will never experience being productive in their business.

Not taking any risks is basically staying inside your comfort zone

in life many thinkers have always emphasized on the importance of taking risks and getting out of your comfort zone every once awhile so it does not only apply to investing but just life in general

we humans need change to survive and taking risks is part of that change


Title: Re: The benefits of risk taking
Post by: radjie on March 30, 2024, 03:59:02 AM
Risk taking is a part of life, we take risks everyday without even realizing  most of it, risking accidents by crossing the expressway everyday to go to work, cooking in the kitchen with all the fire harzards and cutting with knives, these are common risks that we overlook everyday. Financial risks are the main focus of everybody, and if you're not ready to take risks, then you're not ready to reach the next level of financial prosperity and freedom, but it's important to take calculated risks, so that the person will not become worse off than when he started the risk. Thinking out of the box to enter into a better financial prosperity means that the person must take calculated risks.

Risk is very inherent in everyday life for everyone.  Taking risks in business is very important to do, where there are profits and losses, failure or success.  To achieve success, of course you have to be able to face everything. With careful calculations and the right steps, someone can achieve the greatest success in any business.


Title: Re: The benefits of risk taking
Post by: Albarq on March 30, 2024, 10:02:30 AM
we are faced with taking risks by not taking risks. I don't get new experiences in my life and feel something. We know that taking a risky path with courage brings better opportunities. We just take advantage of the positive benefits in life. There must be risk taking. faced with the reality and facts of running a business, even though there is no certainty of success, it is possible to achieve good performance rather than taking fewer risks


Title: Re: The benefits of risk taking
Post by: Hyphen(-) on March 30, 2024, 10:21:49 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
The higher the risk taking, the greater the reward in most cases, but in some cases it is not so.
Risk is an important factor to always consider when venturing into any business or investment. It is mostly hard to take due to the fear of losing money (capital). The bold decisions you take towards improving your business is a risk because these decisions are mostly not easy to take because they might lead to lose of capital if not taking with caution.


Title: Re: The benefits of risk taking
Post by: justdimin on March 30, 2024, 12:35:21 PM
Something which is not required but rewarding if you would embrace it. It is like having a wuarter and a chance to make it double or even more, but also a tendency that you'd lose it. Risk is best explained by gambling it is also present with investments. The difference on the other hand is of course discussed on other topics. Now, going back with having a quarter and taking the risk, you may just keep it at least you'd have the 'assurance' that you'll have it to be able to buy certain things on its amount. In this instance you are also choosing to throw away the opportunity of making it with multiplier or simply to make the amount bigger. Assurance versus hope; it now depends on the individual which one should be leading for a better outcome. Eitherway would be fine as long as the one to do that will be all prepared 'coz there's still no easy money.
Having that type of risk is always something people need to be aware of, there is nothing wrong with taking a bit of risk. I personally believe that the best thing we can do at the moment would be just making sure that we are dealing with something that will take a while.

So, while we are risking money, we may not reach the riskiest part and still get scared and get out, that's the biggest problem with people right now. I mean sure there are people who invested and lost a lot of money due to drops in price as well, but there are many people who lost because they didn't hold long enough. Prices could go from 10 to 5 to 15, if you sell at 5, you lose but if you wait enough then you could make a profit yet again.


Title: Re: The benefits of risk taking
Post by: philipma1957 on March 30, 2024, 12:56:02 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

the heads side of the coin.


Title: Re: The benefits of risk taking
Post by: philipma1957 on March 30, 2024, 12:57:25 PM
Let me tell you that for some people contemplating entrepreneurship, it is better they stick with their 9-5 than take the entrepreneurial risk. Some want to answer entrepreneur so bad that they do not take calculated risk. They do not make smart goals. They are not ready to learn. It's lonely being an entrepreneur because the buck stops with you. There's no expectation of a monthly earning and you have to suffer at first. It is failure and repeated failure. And for those 9-5ers contemplating entrepreneurship, the benefit lies in not taking that risk.

the other side of the coin


🪙


I have to say that both posts have fully legit point of view. Having a six year run with a mine in Clifton NJ USA. I know a lot about the up 🆙 and the down side of going for it.

Six years of hard work. Making under 200k profit  and getting forced out by the buildings owner just as mining picked back up.

I could have worked a 9-5 job and made far more money. I could have not done anything but signatures the last six years on bitcointalk and done better.

Plus my direct partner and I have a pile of paid for gear sitting idle. That means more work either selling it or finding a host.

And remember we turned a profit. So it could have been worse. So yeah taking risks  can mean a middle result.  This is what I got out of the last six years. Could have been better could have been worse.


Title: Re: The benefits of risk taking
Post by: DabsPoorVersion on March 30, 2024, 01:34:45 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
It's part of life but not everyone can take to face the risks because of the differences in the individual status of each and everyone. Some can take the risk because they still have enough to risk even after facing a failure. While for some, it will take everything they have if they try to face the risk. Whether they will lose what they have or they will be successful.

That's more of the reason why some people are afraid to take the risk or even run from the opportunity they have as they don't have much to risk. They will end up losing everything which will be hard compared to other people.

This is one other thing we should realize, not only the side of taking the risk and thinking of the missed opportunity. We should also think and wait for the right time because taking the risk is not the only thing we need to be successful, we also need to be prepared ourselves.


Title: Re: The benefits of risk taking
Post by: Mr. Magkaisa on March 30, 2024, 01:40:56 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

         -   Most people want to do business, but not everyone takes the steps to have a business. Others just want to sit back and wait for income. Or there are others who want to start a business but are just afraid of losing money, or they may not be able to manage the business properly.

But it is said that all those who enter business are risk-takers, because if we are not like that, for sure you are not an entrepreneur. Because that's how it is in business, there are always failures to face, and that's normal.


Title: Re: The benefits of risk taking
Post by: Lanatsa on March 30, 2024, 04:54:15 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
If you are someone who does really have the plans on making your life to be bit more better compared as of this moment or time then it would really be that ideal that you should really be needing to take up some risks because if you do really just that let yourself that sitting idle then you would really be just that basically making yourself that too staying up into your current condition on which its really that just that depending into your choice on what would really be having those plans you do have into your life because not all would really be that sensible towards their actions and just contented on what they do have.
You would really be needing up to take up some risks if you do really like yourself that having the progress but if you are really just that contented on where you are now then it would really be on your choice
but i do rather prefer myself on having that kind of risks taking rather than making yourself having no action or hardwork on which we know that this is something
that would be bringing out that kind of probabilities on making your life way more better.


Title: Re: The benefits of risk taking
Post by: God bless u on March 30, 2024, 04:55:26 PM
Sadly it's the truth that you just mentioned. In my opinion risk is something that can give you the fastest results in terms of financial growth than any other strategy. Taking risks ultimately lower the amount of hard work and planning while it multiplies your chances of instant richness but the point here is when you should take risks?

Risk should be taken when you have enough money that you can live an ordinary and sustainable life with your family. The extra money that you can spend on trips and enjoyment you can use it to take calculative risks in different sectors. Who knows that some bow might hit the right target and this will change your life.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on March 30, 2024, 05:05:40 PM

This means that people who succeed in achieving success are those who are not afraid in terms of taking risks and also who are able to take lessons in every failure they have gone through so that in the end they have a lot of experience and knowledge that ultimately leads them to the success they want, I understand that it is not as easy as turning the palm of the hand but the proof is that there are some people who really succeed when they never give up.

Taking anyhow risks doesn’t determine your success, but knowing the risks you do take is what will determine if you will be successful, not because success is not seen in the level of risk you take, but the level of the risk that you succeed on. That is what many find hard to understand, because talking about risk also deals with patience. Even though you take a risk that you know will be a great achievement for you, when you get reliant or think that you will not make it again, you might still lose because no risk goes in vain unless the risk that is normal is meant not for success. Without patience, you will always give up, and when you are willing to take a risk, you don't have to give up.

However taking risks does not mean you will succeed, I am not saying that risk determines success but doesn't success always start with the courage to take risks? Yes, and it is also reckless or even foolish to take risks without knowing and understanding the consequences and also knowing risks is not something that can guarantee your success, it is nothing more than knowing that you know and understand the risks you are taking and not a guarantee that you will succeed.

I've also said before that the likelihood of success is greater when you're someone who never gives up, and doesn't that idea have something to do with patience in it? Of course, never giving up involves patience and perseverance along with a strong consistency in the process, basically and to your point you also said that no risk is wasted which means that it depends on yourself if for example you are able to learn lessons from all the failures that you have experienced as a result of decisions that involve taking risks before then of course you will be able to gain progress in terms of experience and knowledge that makes you more knowledgeable about what to do and what to avoid and also with this you will know about what to do next.


Title: Re: The benefits of risk taking
Post by: Mahanton on March 30, 2024, 06:54:44 PM

This means that people who succeed in achieving success are those who are not afraid in terms of taking risks and also who are able to take lessons in every failure they have gone through so that in the end they have a lot of experience and knowledge that ultimately leads them to the success they want, I understand that it is not as easy as turning the palm of the hand but the proof is that there are some people who really succeed when they never give up.

Taking anyhow risks doesn’t determine your success, but knowing the risks you do take is what will determine if you will be successful, not because success is not seen in the level of risk you take, but the level of the risk that you succeed on. That is what many find hard to understand, because talking about risk also deals with patience. Even though you take a risk that you know will be a great achievement for you, when you get reliant or think that you will not make it again, you might still lose because no risk goes in vain unless the risk that is normal is meant not for success. Without patience, you will always give up, and when you are willing to take a risk, you don't have to give up.

However taking risks does not mean you will succeed, I am not saying that risk determines success but doesn't success always start with the courage to take risks? Yes, and it is also reckless or even foolish to take risks without knowing and understanding the consequences and also knowing risks is not something that can guarantee your success, it is nothing more than knowing that you know and understand the risks you are taking and not a guarantee that you will succeed.

I've also said before that the likelihood of success is greater when you're someone who never gives up, and doesn't that idea have something to do with patience in it? Of course, never giving up involves patience and perseverance along with a strong consistency in the process, basically and to your point you also said that no risk is wasted which means that it depends on yourself if for example you are able to learn lessons from all the failures that you have experienced as a result of decisions that involve taking risks before then of course you will be able to gain progress in terms of experience and knowledge that makes you more knowledgeable about what to do and what to avoid and also with this you will know about what to do next.
You should really refrain yourself on having that kind of thinking on which we know that there's no such thing about assurance because if we do speak about taking risks then it would really be neither it would really be resulting into positive or negative and this is something that you should really be accepting on whatever outcome that you would really be able to encounter. Just like the rest been saying that there would really be no assurance whether you do succeed on the moment that you would really be taking up some risks. It is really just that there are people who arent really that good when it comes to this kind of approach on which
they are expecting something positive or something that been sure on the moment that they do take up some risks on which we know that this isnt really how these things works.
The benefits on taking up risks is that you do really have the chance or probability on making profits or earning opportunities once those hard work you've done had come into fruition.

Be realistic and be that not that too optimistic and hopeful because once you do have that kind of confidence on making up such investment then you are really just that putting up yourself on such big trouble.




Title: Re: The benefits of risk taking
Post by: Distinctin on March 30, 2024, 07:58:41 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
It's part of life but not everyone can take to face the risks because of the differences in the individual status of each and everyone. Some can take the risk because they still have enough to risk even after facing a failure. While for some, it will take everything they have if they try to face the risk. Whether they will lose what they have or they will be successful.

That's more of the reason why some people are afraid to take the risk or even run from the opportunity they have as they don't have much to risk. They will end up losing everything which will be hard compared to other people.

This is one other thing we should realize, not only the side of taking the risk and thinking of the missed opportunity. We should also think and wait for the right time because taking the risk is not the only thing we need to be successful, we also need to be prepared ourselves.
While risks are inevitable in life, but we should also learn to weigh its advantages and consequences before we start taking risks. If it can only cause harm to our present life, then taking that risk is not advisable. However, most likely risks our built to reach new heights in life, but it won’t guarantee as well that by only taking risks without awareness on how to overcome those, they will immediately bring life’s improvements. That’s not the way it works. Risks can bring positivity and negativity at some point, so we should always be cautious in taking some risks, and always weigh the outcomes and its consequences first before taking such actions.


Title: Re: The benefits of risk taking
Post by: tiCeR on March 30, 2024, 09:49:40 PM
While risks are inevitable in life, but we should also learn to weigh its advantages and consequences before we start taking risks. If it can only cause harm to our present life, then taking that risk is not advisable. However, most likely risks our built to reach new heights in life, but it won’t guarantee as well that by only taking risks without awareness on how to overcome those, they will immediately bring life’s improvements. That’s not the way it works. Risks can bring positivity and negativity at some point, so we should always be cautious in taking some risks, and always weigh the outcomes and its consequences first before taking such actions.

Risk-reward will always hold true, but I am sure that this equation or relation isn't the real issue. Most people understand it and get the basic mathematics right behind some easy examples like playing roulette or rolling the dice. The problem is that most people lack the sense and ability to grasp complex scenarios sufficiently. I won't say completely because nobody can and it somehow is part of the risk that there are things that we don't know that we don't know.

But many people shy away from putting in the effort to quantify the risk with reasonable reliability and validity. They only have their eyes on the proclaimed or perceived reward while they are not able for whatever reason to get the first part right - the risk. Only then could they make an educated decision whether or not a certain event is a real opportunity or a fallacy.


Title: Re: The benefits of risk taking
Post by: Viscore on March 30, 2024, 09:59:56 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
If you don't take risks, you will never do anything good. one cannot live a happy life by working because the job gives a certain amount of salary but it requires a lot of hard work. which cannot offer you a very good life  So if you want to be rich and enjoy a comfortable life then you need to invest and earn a lot of money. and if you invest, there will be risk. and those who can take risks are successful in life and can live a luxurious life.
Risks are somehow relevant to our lives. If one is a risk taker, rest assured that he will achieve something. Nonetheless, those who are afraid to take the risk, they will never reach a point of satisfaction in their lives. But taking risk also requires the right time to do it. You can’t just take the risk without long term planning and intensive preparation. Everything should have a perfect timing, because once you take that risk, there is no backing out, and you have to face the consequences whether you like it or not.


Title: Re: The benefits of risk taking
Post by: redsun114 on March 31, 2024, 01:41:04 PM

every time you decide on something you risk something also. you and your wife decide to buy a house in the city, you are risking whether it's a good neighborhood to raise a child.
you decide to buy a house far from the city, you risk whether you can find a good job far from the city. every decision appends risks.

because you throw yourself into many possibilities, you gotta do your worst. this is why you need plan to achieve your goals.
I think no, not all things in life has a risk. What about when buying a basic necessity and you are buying on the same store which offers quality products? Risk can mainly be found on business, investing, and trading because there is no guaranteed that what we got in exchange for our money, can bear profits. The example you have given there about raising a child, can always be analysed before we buy a house. Same goes when we are going to find a job, we can always check the job vacancies available in the area.

Planning in achieving our goals can reduce risk, so all must have that, yet even if some has it, there is still a chance that they won't stick on it. We don't want the worse things to happen but like it or not, they can always come. We only need to do our best in order to get out of it.


Title: Re: The benefits of risk taking
Post by: poodle63 on March 31, 2024, 04:01:20 PM
anyone don't wanna take risk because they are too scared are probably just gonna stuck in the same position all their life, indeed risk is there when we make choices.
but also meticulous planning is all what you need to counter the risk, but there's simply nothing that can change our life if we don't really take the risk.
trader and investor are betting on the future to grow their capital by investing when the price is low, there's risk accompanying it as well as the investment that they do.
there's simply too many things that have risk, even there's saying no pain no gain meaning that if we want to gain something we might suffer certain pain which i'm sure that its
caused by the risk accompanying the way to gain something, thats just how it works with this world, risk taking always become the fastest way to gain something that you yearns for.


Title: Re: The benefits of risk taking
Post by: Bloodseekers on March 31, 2024, 05:10:11 PM
Sadly it's the truth that you just mentioned. In my opinion risk is something that can give you the fastest results in terms of financial growth than any other strategy. Taking risks ultimately lower the amount of hard work and planning while it multiplies your chances of instant richness but the point here is when you should take risks?

Risk should be taken when you have enough money that you can live an ordinary and sustainable life with your family. The extra money that you can spend on trips and enjoyment you can use it to take calculative risks in different sectors. Who knows that some bow might hit the right target and this will change your life.
Understanding well the right time to take risks will make us develop in a better direction than before if we succeed in passing these risks and if we fail at the risks we take then this will be a lesson for us to be better. be careful in deciding to take risks and we have to improve this so that there is a chance in the future that we can properly analyze the risks we will take so that we don't make the same mistakes.

If someone doesn't have enough money for their needs with their family, of course this will be very risky when they decide to take a risk, because this will put them in financial trouble when they fail at the risk they took and temporarily refrain from enjoying holidays or having fun. happy but we use it to take risks that we understand, of course this will give us success when we succeed in the risks we take.


Title: Re: The benefits of risk taking
Post by: Hamza2424 on March 31, 2024, 05:55:18 PM
BTC
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Taking Risks is important but in my point of view, one should never take a big risk if he can it bear in the form of loss. My meaning of the saying is that if one has a big portfolio the amount he/she is going to invest he/she has 3 to 4 times in his portfolio then it is ok to take big risks to gain more profits we have seen so many entrepreneurs who take big risk because they have a lot of money so they can take risk easily with their invested money as the main reason all behind that they know they have more money if they lose this invested amount.

Besides this, the one who has less or a short portfolio should focus on risk management he/she should invest a small part of their amount in different places in case they will lose from one place and they will earn profit from another place they have invested. Although Both big/short portfolios of people should focus on risk management but short portfolio holders should focus more as they have very little amount to take risk.


Title: Re: The benefits of risk taking
Post by: Juse14 on March 31, 2024, 06:15:27 PM
We have to dare to get out of our comfort zone, because there are many new things we have to try, and success often comes from big and bold steps. Therefore, we must always be ready to take risks, because if we only play it safe, we will never know the extent of our development and potential we have achieved.

When we want to try and plan to start a business, there are two possibilities, namely success and failure. but when we just stay in our comfort zone, there will be no possibilities at all in our life. And what is called challenges and failures, that is something we will definitely find when we start to dare to get out of our comfort zone, but never let failure stop us, take the lesson from every failure and use it as a stepping stone for us to go further. .


Title: Re: The benefits of risk taking
Post by: Etranger on March 31, 2024, 06:51:47 PM
Taking risks ultimately lower the amount of hard work and planning while it multiplies your chances of instant richness but the point here is when you should take risks?

Why is that so? Taking risk doesn't contradict hard work done in advance and a planned decision. Taking risks does not mean acting at random. It means accepting the fact that you may make a mistake and that things won't go according to plan, but the potential gain is worth it. And the bet is made precisely on the fact that in the case of a positive version of the development of events, the risk will be fully justified.


Title: Re: The benefits of risk taking
Post by: AprilioMP on March 31, 2024, 09:32:25 PM
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Risk is an inherent aspect of the human experience. Victory and success are inseparable from risk which is deeply rooted in the essence of human existence. Our journey has been marked by countless instances of people and societies taking risks in pursuit of progress, growth, and fulfillment. When entrepreneurs boldly innovate and explore new frontiers, risk has been a constant companion. Every achievement in human history has been preceded by a willingness to confront uncertainty.

Risk permeates every aspect of our lives, not only business or entrepreneurship. Whether it's deciding whom to trust, pursuing a new relationship, or making career choices, every decision carries with uncertainty and potential risk. Human must have resilience and adaptability inherent in the human spirit. It is our ability to navigate these risks that defines our journey and shapes our destiny. Victory and success are not passive achievements but rather the result of courage, resilience, and a willingness to embrace risk.

-/+ like that in understanding the risk of life.
It's easy for us to say that this and that. Must be like this and have to be so. But we must be sure that only chosen people are ready and strong to face it. Not everyone is strong and ready to face reality.

The direction of life is forward. If backward the name backwards. The road ahead can only be reached according to the ability of the eye to look. If you retreat, only a few meters are tired.
This is a choice and challenge. The eyes are tired of wanting to sleep.
No one knows what will happen if you never try.


Title: Re: The benefits of risk taking
Post by: mirakal on March 31, 2024, 09:33:18 PM
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Great entrepreneurs and businessmen do not take risks without calculating them.  They don't just get into risky situation without knowing how they can minimize and get through it.  There is no benefit in taking risk blindly.  Most of the time if one is taking risks blindly, they end up in a loss.  Great entrepreneurs and businessmen is always cautious in their business venture.  They often identify the risk involved, think of a plan for minimizing that risk, and make a fail-safe tactic if things go out of their hands.

In short, it is not the plain risk-taking that has benefits but rather an intelligent approach to calculating risk and minimizing it that has huge benefits.  It is not the courage to face risk that gives benefits but rather the ability to minimize or control the risk involved in a venture.
Perfectly said. One who takes risk cannot guarantee success, but one who prefers calculated risk over high risk will most likely end having a successful venture. Although taking risks are said to be the gateway to one’s progress and profitability, but taking risk blindly is nothing but could end up into a worst nightmare.

Life is as full of risks. Your decisions are not guaranteed the right ones, and may only cause you future failures. But if you know how to manage those risks without compromising yourself, and take them cautiously, most likely you will achieve your end goals. This is same with trading. If you are not good in managing your greed and emotions, you will never become a successful trader throughout the process.


Title: Re: The benefits of risk taking
Post by: dothebeats on March 31, 2024, 11:05:15 PM
Those who take risks are not taking it blindly. They always have a vision and have a sense of what they will do in order to prevail against such risks. Also, not everyone is capable of assessing these risks, that's why not a lot of people are businessmen and are just consumers of services and products from other people.

Some of these people who took the risks basically know the word like the back of their hands because they already had some businesses before that failed. They are starting from experience and that, to me, is an advantage that cannot be taken away from you nor can be taught by anyone but yourself if you underwent the process. Not everyone is capable of taking risks because not everyone has the same risk appetite, knowledge, or experience to take it and would prepare a safer approach towards building their wealth.


Title: Re: The benefits of risk taking
Post by: n0ne on March 31, 2024, 11:05:31 PM
Taking risks needs to be part of life, but risk-takers are the people who want more and more. It can be money, power, knowledge, etc. Most of the time, people get themselves adopted into the life they've made. This means they try to live with what they earn and don't plan beyond their ability. Thinking of different things, people get themselves adopted into the life they've made, starting with their dependent family members and fulfilling their needs. Taking risks gives us pleasure when we do it by ourselves, and the suffering doesn't affect our dependents. When our dependents suffer because of the risk taken, it gives us the thought that we shouldn't have taken the risk.


Title: Re: The benefits of risk taking
Post by: Finestream on March 31, 2024, 11:56:55 PM
Taking risks needs to be part of life, but risk-takers are the people who want more and more. It can be money, power, knowledge, etc. Most of the time, people get themselves adopted into the life they've made. This means they try to live with what they earn and don't plan beyond their ability. Thinking of different things, people get themselves adopted into the life they've made, starting with their dependent family members and fulfilling their needs. Taking risks gives us pleasure when we do it by ourselves, and the suffering doesn't affect our dependents. When our dependents suffer because of the risk taken, it gives us the thought that we shouldn't have taken the risk.
Taking risks are somewhat to be life’s essentials, but we can’t just take risk without looking ahead its consequences if ever. Taking risk should always have a plan, so you can also plan ahead of your back ups if ever you fail in your first attempt. But I believe it’s never a do or die as well, so just take the risk when you feel ready for it, no need to push yourself to its limits.


Title: Re: The benefits of risk taking
Post by: harapan on April 01, 2024, 04:10:10 AM
Those who take risks are not taking it blindly. They always have a vision and have a sense of what they will do in order to prevail against such risks. Also, not everyone is capable of assessing these risks, that's why not a lot of people are businessmen and are just consumers of services and products from other people.

Some of these people who took the risks basically know the word like the back of their hands because they already had some businesses before that failed. They are starting from experience and that, to me, is an advantage that cannot be taken away from you nor can be taught by anyone but yourself if you underwent the process. Not everyone is capable of taking risks because not everyone has the same risk appetite, knowledge, or experience to take it and would prepare a safer approach towards building their wealth.

Taking risks could have positive and negative effects to ones existence,however,in as much as taking the risks can be beneficial to us,you never really know what you are capable of until you've pushed yourself to harder until you've experienced a change.

Taking risks paves way for new ideas and creativity,it makes you to be able to tackle situations with ease and possibility.It opens you up for new ideas and it makes you to recognize opportunity that were hidden and open you for new possibilities that really need to access.

Taking risks can also help us grow as individuals.That's because when we step outside of our comfort zones, we're triggered to confront our fears and learn new things about ourselves.That is it helps us to reach and understand deeper meaning and understand ourselves better.Taking risks is an important factor pertaining to life's fulfillment and success,so most times,it advisable to play it smart than to play it safe.


Title: Re: The benefits of risk taking
Post by: mich on April 01, 2024, 05:42:58 AM
Well if we are going to take the risks then there must be big rewards for it. To risk making your own business can be a big reward if we do it right.
But it can also make us lose all of our investment.  The most wealthy people in this world did have to take risks.
But we must remember if we do take the risk we can not always get big profits from that. There is a risk we will not be successful like other people that did take risks.


Title: Re: The benefits of risk taking
Post by: Alpha Marine on April 01, 2024, 08:42:25 AM
Well, all those great entrepreneurs and business people took calculated risks. Taking risks is good but not every risk is worth it. You can't just take a risk because it's a risk, and taking risks is what great men do, you have to look at the reward of that risk and ask yourself "Is it worth it?"
I like it when people draw inspiration from great people, but you also have to understand both situations, your situation and their situation. The fact that great man A took a risk so daring and it paid off doesn't mean it will pay off for you if you take the same risk.

The bottom line of all these talks is, "take calculated risks". A risk that wouldn't wreck if it fails, a risk that's worth the reward. People always talk about those who profited from their risk, but nobody mentions those who lost from their risk and I believe those who lost are way more than those who profited if not we would have had more successful people.


Title: Re: The benefits of risk taking
Post by: Agbamoni on April 01, 2024, 10:43:25 AM
Life itself is risk. There are thousands and millions ways to die or get hurt. But we are lucky to still be alive. I understand that we cannot perfectly control the food we eat, the drinks we take, places we travel to or visits. Even in our place of work there are lots of things that could cause hazard or harm to us, yet we are being safe after all. What am trying to say is as long as we are still breathing the air of life we wont stop taking risk as humans.

Let me bring it back to economics. Starting a business of investment is a risk. Some people start a business that they do not know anything about but with the little research they have made they believe something good can come out if they can be consistent and put in good efforts. In investment we risk our money into new coins or bitcoins based on what we have learnt on cryptocurrency and how we have been able to gather knowledge from various resources. However, we know that no matter the knowledge we have investing is still risky. Anything could happen and may hinder our investment.


Title: Re: The benefits of risk taking
Post by: arwin100 on April 01, 2024, 01:03:05 PM
There's two incident will happen to you when you are always taking those huge risk in life and that is either you get rich its because you find a good opportunity that can generate you some good cash flow then you master all important thing that you needed so that your income flow became so consistent. The second one is either you got broke since for many time you take a risk the many times you also lose your money that's why it didn't get you good result that's why it lead to something like losing almost all of your asset and got more trouble on those situation as part of complication on the action done.

But we need both to learn in life so we must take precaution on each decision we made and always go on something that can give us higher percentage to gain some good profit since its hard to go on unsure situation and try to risk then earn without us knowing if we can really get something from them.


Title: Re: The benefits of risk taking
Post by: stomachgrowls on April 01, 2024, 01:12:31 PM
Those who take risks are not taking it blindly. They always have a vision and have a sense of what they will do in order to prevail against such risks. Also, not everyone is capable of assessing these risks, that's why not a lot of people are businessmen and are just consumers of services and products from other people.

Some of these people who took the risks basically know the word like the back of their hands because they already had some businesses before that failed. They are starting from experience and that, to me, is an advantage that cannot be taken away from you nor can be taught by anyone but yourself if you underwent the process. Not everyone is capable of taking risks because not everyone has the same risk appetite, knowledge, or experience to take it and would prepare a safer approach towards building their wealth.

Taking risks could have positive and negative effects to ones existence,however,in as much as taking the risks can be beneficial to us,you never really know what you are capable of until you've pushed yourself to harder until you've experienced a change.

Taking risks paves way for new ideas and creativity,it makes you to be able to tackle situations with ease and possibility.It opens you up for new ideas and it makes you to recognize opportunity that were hidden and open you for new possibilities that really need to access.

Taking risks can also help us grow as individuals.That's because when we step outside of our comfort zones, we're triggered to confront our fears and learn new things about ourselves.That is it helps us to reach and understand deeper meaning and understand ourselves better.Taking risks is an important factor pertaining to life's fulfillment and success,so most times,it advisable to play it smart than to play it safe.

If you do want to have that shot or chance on having a progressive life then you would really be needing up take up some risks in compared into those people who are really that not taking any actions on which this would really be that resulting on having no chances in compared into those people who had taking up the risks. Yes, there's risk of losing but its part of it, you wont really be that progressive if you wont really be making any move and this is something that would really be just that depending on you since not all would really be that totally having that kind of mindset when it comes to this. Some would be taking up some risks and some are really that afraid on doing so. Well, i cant blame them on which we do know that there's no such thing about risk free on this world, even holding up your fiat into your own bank account could be affected by inflation
and this is something that you should really be having in mind.

Risk taking of course isnt really that something simple as it sounds or as it looks. Everything should really be planned and everything should really be thinking up well if you dont like
to mess up yourself with it. There are really just that people who are really that ina rush when dealing up with things.


Title: Re: The benefits of risk taking
Post by: Iranus on April 01, 2024, 01:37:16 PM
Taking risks needs to be part of life, but risk-takers are the people who want more and more. It can be money, power, knowledge, etc. Most of the time, people get themselves adopted into the life they've made. This means they try to live with what they earn and don't plan beyond their ability. Thinking of different things, people get themselves adopted into the life they've made, starting with their dependent family members and fulfilling their needs. Taking risks gives us pleasure when we do it by ourselves, and the suffering doesn't affect our dependents. When our dependents suffer because of the risk taken, it gives us the thought that we shouldn't have taken the risk.
Taking risks are somewhat to be life’s essentials, but we can’t just take risk without looking ahead its consequences if ever. Taking risk should always have a plan, so you can also plan ahead of your back ups if ever you fail in your first attempt. But I believe it’s never a do or die as well, so just take the risk when you feel ready for it, no need to push yourself to its limits.
Yes, taking risks is necessary in life if we want a better future and life. If we want to have what others don't have, we need to step out of our comfort zone and do what others don't dare to do. And you're right, always have a backup plan in every case because we don't always reap rewards when we take risks. There is no success without sacrifice, and no success comes to us if we do not take risks to achieve it. Everything is always proportional to each other and the choice is ours.


Title: Re: The benefits of risk taking
Post by: Nheer on April 01, 2024, 01:37:50 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk.
Taking risk is not so easy, especially in terms of business or something that involves money is really not easy to take the risks. Only when you take yourself out of your comfort zone and take risk can a person achieve success but that doesn’t mean you shouldn’t analyze the situation and calculate the risks properly. Having too much confidence to take on every business opportunity can be dangerous and also when you don’t have enough confidence to take risks is also not a good thing because you will miss out out on lots of business opportunities and limit your chances of being successful.

I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
You’re not wrong, virtually everything in life is full of risks so it’s safe to say life itself is risk as the life we live is not certain because no one knows how long they have to live or how sure their decisions in life is a positive one and will have a positive outcome so since nothing is certain in life taking risks should be part of our daily life since life itself is not certain but should be a calculated one and not a careless risk. Most successful people in life are risk takers and surely not all risks taken become successful but if well planned the chances of succeeding will increase.

That being said, there's a difference between being ready to take some risks and being reckless, ignoring the dangers. When taking risks, it's important to realize what you're doing, what might happen, how likely it is to happen, and what can you do if something unfortunate happens.
More emphasis should be placed on Risk management so we don’t take careless risk and end up losing so much. There are dangers of taking risks and to minimize them we need to carry out careful planning to minimize the risk and these planning will involve back up plans and possibly solutions when things turn out differently.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on April 01, 2024, 03:55:13 PM
Taking risks needs to be part of life, but risk-takers are the people who want more and more. It can be money, power, knowledge, etc. Most of the time, people get themselves adopted into the life they've made. This means they try to live with what they earn and don't plan beyond their ability. Thinking of different things, people get themselves adopted into the life they've made, starting with their dependent family members and fulfilling their needs. Taking risks gives us pleasure when we do it by ourselves, and the suffering doesn't affect our dependents. When our dependents suffer because of the risk taken, it gives us the thought that we shouldn't have taken the risk.
Taking risks are somewhat to be life’s essentials, but we can’t just take risk without looking ahead its consequences if ever. Taking risk should always have a plan, so you can also plan ahead of your back ups if ever you fail in your first attempt. But I believe it’s never a do or die as well, so just take the risk when you feel ready for it, no need to push yourself to its limits.
Yes, taking risks is necessary in life if we want a better future and life. If we want to have what others don't have, we need to step out of our comfort zone and do what others don't dare to do. And you're right, always have a backup plan in every case because we don't always reap rewards when we take risks. There is no success without sacrifice, and no success comes to us if we do not take risks to achieve it. Everything is always proportional to each other and the choice is ours.

Most of life is about taking risks in any case especially if we talk about success which is not as easy as turning the palm to achieve it, requires strong determination, sincerity, patience, consistency and hard work which yes I admit that it is difficult to apply things like this in ourselves. And yes life is a race or competition between individuals driven by factors of the needs of each - each to be able to continue living, and so far what I know is that most people are always easy to get stuck in the comfort zone and also many of them keep themselves in the comfort zone so that there is absolutely no development, but on the other hand many of them say that they want to be successful and become people who succeed in making their parents proud, but the ridiculous thing is that they only talk and without doing anything to start the journey which means it is nothing more than mere nonsense.

They have many excuses such as not having the ability, not having the capital to build a business to start the journey to achieve success and several other reasons, the point is that they do not dare to get out of their comfort zone and also do not dare to take risks when on the other hand it is clear that there is no success without sacrifice as you said, which means you will never achieve any improvement in life if you do not dare to take decisions or risks.


Title: Re: The benefits of risk taking
Post by: lizarder on April 01, 2024, 04:04:02 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
Everyone will definitely face risks in living their daily lives and every time people try to reach a better stage of finalization, risks continue to be faced by them. It's normal when people run away from business because they don't know what they want to do and taking risks with no knowledge is the same as betting.

I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
If you want to be successful, people must dare to take risks because anyone will never be able to reach the stage of success if they do not dare to take risks. The understanding in my area is that people who dare to do business or entrepreneurs have a greater chance of achieving financial success. Generally they become better financially after developing their potential in this job, although not all of them succeed in achieving financial success.

If you want to find success, you have to be brave enough to take risks and you have to be able to see the opportunities in the business or enterprise we are building. If you don't dare to get out of your comfort zone then don't even think about getting financial success because people who struggle to get it must have the courage to take risks.


Title: Re: The benefits of risk taking
Post by: Casdinyard on April 01, 2024, 04:54:40 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
To fear is a normal human response upon sensing danger, and you can't fault people who chickened out of a possible deal of a lifetime just because they were scared. The tension and the danger of failing is real and you should understand that not everyone's got a risk appetite as big as you, nor do they have the same capacity to shell out a lot of money for said risk taking venture, and happily lose it when the thing don't work out. It's not rainbows and sunshines in the Entrepreneurship world that all you need to do is take that first step and you're already bound for success. There's real danger in losing your money, losing your family's good opinion towards you, and losing all the credibility you have because of a failed venture.

So don't go out here talking about 'why people can't just take the first step and take control of their lives for the better?' If it was that easy they would've done it already, but it not. There's tons of shit at play that it's much easier to just take the beaten path, and that's alright and fair.


Title: Re: The benefits of risk taking
Post by: leonair on April 01, 2024, 05:36:27 PM
Taking risks needs to be part of life, but risk-takers are the people who want more and more. It can be money, power, knowledge, etc. Most of the time, people get themselves adopted into the life they've made. This means they try to live with what they earn and don't plan beyond their ability. Thinking of different things, people get themselves adopted into the life they've made, starting with their dependent family members and fulfilling their needs. Taking risks gives us pleasure when we do it by ourselves, and the suffering doesn't affect our dependents. When our dependents suffer because of the risk taken, it gives us the thought that we shouldn't have taken the risk.
To achieve something good, risk must be taken. Because if you want to improve in your life, you have to take risks at every step. Living a luxurious life requires a lot of money and you must invest to earn this money. and investing is never risk free. For this no one can ever say that he was able to achieve good things without taking risks in his life. Taking risks does not guarantee success.  But if one can invest in the right place with risk and take the right steps then it can be said that he will be successful


Title: Re: The benefits of risk taking
Post by: KingsDen on April 01, 2024, 07:33:48 PM
Well if we are going to take the risks then there must be big rewards for it. To risk making your own business can be a big reward if we do it right.
But it can also make us lose all of our investment.  The most wealthy people in this world did have to take risks.
But we must remember if we do take the risk we can not always get big profits from that. There is a risk we will not be successful like other people that did take risks.
That skeptism whether or not we can make fortunes from risk taking is the reason we should endeavour to only take calculated risks . You only take risk where the possibility of success is upto 70% and above. If you take risk which the success and failure percentage is 50:50, it could possibly be called gambling . I have taken so many uncalculated risks in the past and paid darely for it and that has limited me from take even risks that have high tendency for success.


Title: Re: The benefits of risk taking
Post by: ndutndut on April 01, 2024, 08:27:13 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Everything has risks and risks are part of life, including in business and investment. That's why we have to be open minded about all risks because that way we will understand many things, realize that what we are doing now should not be wasted, realize that this is the beginning of our progress to become more productive human beings in the future.

The point is that every choice has risks, but it is riskier if you don't choose. There is nothing wrong with any choice. The mistake is when we complain about our choices and it would be stupid if we didn't try something new. Dare to take risks is one way to success.


Title: Re: The benefits of risk taking
Post by: AYOBA on April 01, 2024, 10:14:58 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Some time before you become a successful person in any way, you will be involved in either gaining a lot of profit or any business. In this case, you will take risks if you really want your business to be done well. Some people run away from business opportunities because they don't have the capital to start the business, and that's why most people run away from them.
 If not, they know that they can afford the risks that are inside the business, but still, many prefer investment over established businesses. And the business is a nice way of generating income, if you have a better location, you will not even consider doing any investment since people's perceptions are that the risks involved in investing are bigger than business.


Title: Re: The benefits of risk taking
Post by: Assface16678 on April 01, 2024, 10:35:25 PM
Well if we are going to take the risks then there must be big rewards for it. To risk making your own business can be a big reward if we do it right.
But it can also make us lose all of our investment.  The most wealthy people in this world did have to take risks.
But we must remember if we do take the risk we can not always get big profits from that. There is a risk we will not be successful like other people that did take risks.
That skeptism whether or not we can make fortunes from risk taking is the reason we should endeavour to only take calculated risks . You only take risk where the possibility of success is upto 70% and above. If you take risk which the success and failure percentage is 50:50, it could possibly be called gambling . I have taken so many uncalculated risks in the past and paid darely for it and that has limited me from take even risks that have high tendency for success.
Gambling can't be even in 50:50 percentage, in my opinion, gambling is more on losing money than earning from it even 50 percentage winrate cannot achived to that, that's why I dont get people or gamblers that are risking their money in gambling, some people is risking their last money or important money to bet or do gamble hopung to earn a lot of money to have a chance of turning its life but in realitg that's not how what risk we should tale, you are right calculated risk is the risk that people should take, before taking the risk we should be able to conduct analysis and calculate the chance of success, factors that will make you succeed or fail, in short calculate it all, analyse everything in order to become successful into something. Life is all about taking risks in order to be successful in life, but we never know what will happen to us.


Title: Re: The benefits of risk taking
Post by: Sanitough on April 01, 2024, 11:19:27 PM
Those who take risks are not taking it blindly. They always have a vision and have a sense of what they will do in order to prevail against such risks. Also, not everyone is capable of assessing these risks, that's why not a lot of people are businessmen and are just consumers of services and products from other people.

Some of these people who took the risks basically know the word like the back of their hands because they already had some businesses before that failed. They are starting from experience and that, to me, is an advantage that cannot be taken away from you nor can be taught by anyone but yourself if you underwent the process. Not everyone is capable of taking risks because not everyone has the same risk appetite, knowledge, or experience to take it and would prepare a safer approach towards building their wealth.
Those who succeed when taking risk are obviously taking calculated risk. They have seen already what's coming if they just take risk without preparing for it, so the best thing they can do is to study and make calculated risk, otherwise they will end up failing and regretting after. However, majority are still taking risk without weighing all its consequences most particularly for newbies, but the good thing at least they learn lessons from that and avoid doing the same mistakes again.


Title: Re: The benefits of risk taking
Post by: Cookdata on April 02, 2024, 08:40:00 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Do you think if business is that easy to run, don't you think that a lot of people that has money sitting in the banks wouldn't have started business for a long time? This indicator alone should tell you that there is absolute something within the walls of business why many people don't do business and rather prefer to invest in other things that can yield them money in the future instead of cash flow investment.

Business involves sacrifice of the mind, it involves putting all you have and in fact it drains you completely and you might even fail in the process which you don't have a choice than to start all over again and I'm not sure if you want to start over again. Even if you have, in not sure you have much money to spare.

I have seen a company that spent millions in trying to establish drive and earn company like Uber and didn't succeed, but restrategize and lunch a micro finance app and guess what, they are the lading micro finance business here with highest recording customers due to their lightening transaction, it cost them more capital expenditures before they got there,now tell me how many people are ready for such challenges? I bet just few.


Title: Re: The benefits of risk taking
Post by: dunfida on April 02, 2024, 08:59:38 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Do you think if business is that easy to run, don't you think that a lot of people that has money sitting in the banks wouldn't have started business for a long time? This indicator alone should tell you that there is absolute something within the walls of business why many people don't do business and rather prefer to invest in other things that can yield them money in the future instead of cash flow investment.

Business involves sacrifice of the mind, it involves putting all you have and in fact it drains you completely and you might even fail in the process which you don't have a choice than to start all over again and I'm not sure if you want to start over again. Even if you have, in not sure you have much money to spare.

I have seen a company that spent millions in trying to establish drive and earn company like Uber and didn't succeed, but restrategize and lunch a micro finance app and guess what, they are the lading micro finance business here with highest recording customers due to their lightening transaction, it cost them more capital expenditures before they got there,now tell me how many people are ready for such challenges? I bet just few.
People would really be making out those kind of judgment or would really be telling up some words as if it was really just that easy but on the time that they have stepped their own foot into such field then they would really be able to find out that it was never been that easy in the first place. This is why it would really be ideal that taking up some risks is something that worth but of course you cant really just that make yourself making some rush decisions on which we know that this could really bring out that kind of risks on which this could really be resulting into huge loses if you dont really know on what you are doing.
This is why it would really be that important that you are really that wary on the things that you are involved with because if not then you would really be facing up those issues or consequences.
Always be that mindful about the risks and not really just that diving in without having any preparations.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on April 02, 2024, 09:16:10 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Do you think if business is that easy to run, don't you think that a lot of people that has money sitting in the banks wouldn't have started business for a long time? This indicator alone should tell you that there is absolute something within the walls of business why many people don't do business and rather prefer to invest in other things that can yield them money in the future instead of cash flow investment.

Business involves sacrifice of the mind, it involves putting all you have and in fact it drains you completely and you might even fail in the process which you don't have a choice than to start all over again and I'm not sure if you want to start over again. Even if you have, in not sure you have much money to spare.

This is what makes many people eventually give up and not continue the process of their struggle, I can't say that they are losers or they are too fragile because indeed everyone has their own capacity, but the capacity in yourself is not a benchmark for you to just give up, because the proof is that there are some people who manage to achieve success in whatever they do or struggle for, so maybe only selected people who have personalities and ways of thinking that are different from people in general who can achieve success.

But yes I also can't forget the fact that there are several other factors that make them have to retreat too early from their struggle, when experiencing failure where they have sacrificed a lot of energy and money but the plan doesn't work which when such a failure occurs then they have to repeat everything from the beginning, about the spirit maybe it can grow but about the money that will be used as the main driver to return to stepping not everyone can have a situation that is always supportive which may cause delays to the journey or even retreat by ending it all.


Title: Re: The benefits of risk taking
Post by: Uruhara on April 03, 2024, 01:44:44 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
That is why it is always said that behind a big risk there is always the potential for much bigger profits. And successful people are those who are always brave in taking risks. But taking risks is also done after going through a process of careful analysis or consideration. Because after all, wise decisions will bring good results. That is the important role of analysis. so that you can see the potential behind the risks and so that you can minimize the risks that will be taken.
The word brave is different from the word reckless. And what we have to take is to be brave and not reckless.


Title: Re: The benefits of risk taking
Post by: atookz on April 03, 2024, 04:16:46 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Mark Zuckerberg stated that "The biggest risk is not taking any risk". So, never be afraid to take risks in life. Don't be afraid to invest either. Why? Without you realizing it, in everyday life you are actually faced with so many risks. A simple example is when you go from home to where you work, to campus, to school, and so on, you are faced with the risk of having an accident on your journey, and there are many other examples.

Well, when it comes to investment, ignoring risk is a very dangerous thing. It is important for a person to consider their tolerance for risk to be able to understand their risk profile.


Title: Re: The benefits of risk taking
Post by: Sebas.tian on April 03, 2024, 05:50:27 AM
Quote from: btc78
It is essential to take risks in order to succeed in life and one should never steer away from doing so however it should be done in a way that is educated and calculated. A person who takes risks after carefully studying and thinking of ways to minimize said risks is a brave person while a person who takes risks blindly is just stupid. Not all risks should be avoided but also not all risks should be taken.

I know is very difficult to take risk, but if you can be able to take it to improve your investment with a huge amount of money, you will definitely achieve what will make you to always take a risk in any investment to continue progressing in your investment. I noticed it from some investors who took a good risk in the right season, based on their personal research they carry out on a particular project before taking the risk but those who don't have the knowledge on a particular project will not bonder to carry out their research before investing, and such investors will not experience favourable income in their investment. Always take a good risk that will increase your wealth in the future, but don't take a risk that will hurt you in the future, so be wise in taking risks.



Title: Re: The benefits of risk taking
Post by: CryptoBuds on April 03, 2024, 08:46:35 AM
Quote from: btc78
It is essential to take risks in order to succeed in life and one should never steer away from doing so however it should be done in a way that is educated and calculated. A person who takes risks after carefully studying and thinking of ways to minimize said risks is a brave person while a person who takes risks blindly is just stupid. Not all risks should be avoided but also not all risks should be taken.

I know is very difficult to take risk, but if you can be able to take it to improve your investment with a huge amount of money, you will definitely achieve what will make you to always take a risk in any investment to continue progressing in your investment. I noticed it from some investors who took a good risk in the right season, based on their personal research they carry out on a particular project before taking the risk but those who don't have the knowledge on a particular project will not bonder to carry out their research before investing, and such investors will not experience favourable income in their investment. Always take a good risk that will increase your wealth in the future, but don't take a risk that will hurt you in the future, so be wise in taking risks.


But how do we know which risks will bring benefits and profits and which risks will leave us vulnerable in the future? Once we call it a risk, it means it can hurt us at any time and once we accept the risk, we need to have backup plans if the risk really happens.

Surely you and everyone are talking about investing in bitcoin and everyone is optimistic that bitcoin is risk-free. This is not wrong because as bitcoin investors, we will always want bitcoin to succeed because if bitcoin succeeds then we will succeed. But don't forget, anything can happen and it's entirely possible for bitcoin to suddenly disappear.


Title: Re: The benefits of risk taking
Post by: sunsilk on April 03, 2024, 12:25:38 PM
Well, when it comes to investment, ignoring risk is a very dangerous thing. It is important for a person to consider their tolerance for risk to be able to understand their risk profile.
If someone invests, it is for sure part of it. We take risk as we invest and we're aware of it and that's why before investing, we have to understand that we're not just playing around and the risk isn't ignored.

Someone who invests and ignores the risk probably isn't an investor or just plays around with his money and don't mind the results of his investments. As for us, being investors, we take every single risk with care as long as we can tolerate it.

But if we don't know if we can survive taking risk, we are assessing if we can take calculated risks which is a good step because only you know yourself.


Title: Re: The benefits of risk taking
Post by: RockBell on April 03, 2024, 01:24:06 PM
I know is very difficult to take risk, but if you can be able to take it to improve your investment with a huge amount of money, you will definitely achieve what will make you to always take a risk in any investment to continue progressing in your investment. I noticed it from some investors who took a good risk in the right season, based on their personal research they carry out on a particular project before taking the risk but those who don't have the knowledge on a particular project will not bonder to carry out their research before investing, and such investors will not experience favourable income in their investment. Always take a good risk that will increase your wealth in the future, but don't take a risk that will hurt you in the future, so be wise in taking risks.
Since you are taking other risks if you are not taking risks to invest, we take risks even when we are not conscious that we are taking them. Rather than assuming more risks, why not just invest? You stand to gain or lose money in this endeavor. Progress and wealth comes with a huge responsibility. And not everyone will be ready or will want to carry that responsibility of taking risk people are getting tired of trying to survive and if you want to make money you must be ready to work hard. Research is one of the factors that help in building and solidifying your investment because you will be full of ideas of different kind. At some point or every other point you will know what to do. And Investors need to have a patient mind if not for that you will end up making decisions that will cost you.


Title: Re: The benefits of risk taking
Post by: gunhell16 on April 03, 2024, 01:44:44 PM
Let me tell you that for some people contemplating entrepreneurship, it is better they stick with their 9-5 than take the entrepreneurial risk. Some want to answer entrepreneur so bad that they do not take calculated risk. They do not make smart goals. They are not ready to learn. It's lonely being an entrepreneur because the buck stops with you. There's no expectation of a monthly earning and you have to suffer at first. It is failure and repeated failure. And for those 9-5ers contemplating entrepreneurship, the benefit lies in not taking that risk.

Many people risk in businesses without a proper plan, not studied which is the common thing that happens in the end is not succeeding in growing it. Although, they are risk takers.

But there are others who, even though they have capital for business, are weak-minded because they fear losing or losing the capital, that's why as a business minded person,
an entrepreneur must really have risk willingness.


Title: Re: The benefits of risk taking
Post by: MarjorieZimmermanGinger on April 03, 2024, 02:17:40 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
In the real world we will always be faced with risks, especially when it comes to financial matters, people run away from business because they don't know how to run it because rather than taking risks it is better for them to look for other ways Not everyone is capable of running a business and vice versa, not everyone has the ability to run an investment. Humans have different abilities when it comes to making money and not everyone has the same opportunities. But talking about risk is about how someone can control the risk to be smaller.

To control risk, we must understand what we are doing and as much as possible we can find solutions to every problem we face. Without taking risks we never know the level of success because we never try. Risks need to be faced so that we know how difficult it is to make money and when we are able to control it, it will be much easier to minimize risks.

I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Dare to take risks will provide a path to success and every risk we take is based on knowledge to achieve success. Therefore, we need to study first before doing something and when we know how to do it correctly, there is a big chance that we will achieve success if we do it seriously.


Title: Re: The benefits of risk taking
Post by: ChiBitCTy on April 03, 2024, 02:33:08 PM
This is something that I often think about. As a financial advisor, speaking about risk taking is really and every day thing. I often speak about taking on just the right level of “risk taking”. It certainly never has to be “all or nothing”, but taking SOME risks, can be a very prudent way about going in to your investing plan. Sure, big risks can pay off big time, but they can also big time hack fire, so take just the right amount for you and your situation.


Title: Re: The benefits of risk taking
Post by: CageMabok on April 03, 2024, 03:02:20 PM
Mark Zuckerberg stated that "The biggest risk is not taking any risk". So, never be afraid to take risks in life. Don't be afraid to invest either. Why? Without you realizing it, in everyday life you are actually faced with so many risks. A simple example is when you go from home to where you work, to campus, to school, and so on, you are faced with the risk of having an accident on your journey, and there are many other examples.

Well, when it comes to investment, ignoring risk is a very dangerous thing. It is important for a person to consider their tolerance for risk to be able to understand their risk profile.
From the example you gave, many people can also draw a conclusion that risk is always present in life and in any job, so it is important for everyone to understand before doing anything. And because in this case we are discussing investment, of course it is very important for every investor to understand the risks so that we can all take wiser steps when we want to invest in some of the best assets. So understand the risks and learn how to take action as soon as possible in investing.


Title: Re: The benefits of risk taking
Post by: pusaka on April 03, 2024, 03:50:04 PM
This is something that I often think about. As a financial advisor, speaking about risk taking is really and every day thing. I often speak about taking on just the right level of “risk taking”. It certainly never has to be “all or nothing”, but taking SOME risks, can be a very prudent way about going in to your investing plan. Sure, big risks can pay off big time, but they can also big time hack fire, so take just the right amount for you and your situation.
When there is the word "risk" there must be something negative in it or something that will make us feel a loss, and I think in any case this will always be there, especially if it is related to finances. Money is a very sensitive thing in life, therefore we must be wise in making decisions that are closely related to finances.
We are faced with 2 choices, as you said, take it or not take it at all. However, if we are going to take that risk, then we have to make sure that the risk we take is truly prepared for everything, including big losses. Therefore, the money we will use is also the money we allocate for the risks we will take.


Title: Re: The benefits of risk taking
Post by: slapper on April 03, 2024, 04:02:57 PM
risk is the game, man. It's the difference between living and just existing. You're right, those who make a mark on this world, they take the damn leap. It's the only way. But risk ain't always pretty. It can mess you up. Thing is, playing it safe is its own kind of risk

You think avoiding risk is safe? It's like treading water your whole life, too scared to learn to swim. Life's about those moments of risk – starting a business, making a big move, chasing that dream. You might get knocked down, sure. But what's worse; never really trying? Living a life half-lived? Hell no

But we ain't talking about jumping off cliffs blindfolded. Calculated risk, that's the key. The greats you mention, they didn't just gamble, they put in the work.  Knowledge, strategy, THEN taking that chance. So, what's holding you back? Fear? Comfort? Screw that. Break the chains. Fail forward, because failing is where you learn, where you grow. That's real life, that's what makes it worth living


Title: Re: The benefits of risk taking
Post by: lizarder on April 03, 2024, 07:39:05 PM
When there is the word "risk" there must be something negative in it or something that will make us feel a loss, and I think in any case this will always be there, especially if it is related to finances. Money is a very sensitive thing in life, therefore we must be wise in making decisions that are closely related to finances.
We are faced with 2 choices, as you said, take it or not take it at all. However, if we are going to take that risk, then we have to make sure that the risk we take is truly prepared for everything, including big losses. Therefore, the money we will use is also the money we allocate for the risks we will take.
To earn money we are always faced with the risk of losing it, which happens almost everywhere for working people. The question is how we are better prepared to face risks and in what ways we can minimize these risks. Money is very sensitive, it moves according to human behavior in handling it and if it is mishandled, money will be a problem for us. Taking risks must be based on careful consideration and if we want to be involved in investment then we should study investment properly, the aim is so that we don't have problems when carrying out the investment.

The mindset of some people is that without the courage to take risks, we will never know what level of success we will achieve. Effort and perseverance are the formula in the decision to take risks and if you are not ready then never take risks because it will cause much bigger problems. That's why people don't dare to get out of their comfort zone to try to improve their level of financial income.


Title: Re: The benefits of risk taking
Post by: Rockstarguy on April 04, 2024, 01:14:26 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Life is all about risk, life without risk is a kind of life that one might remain the same without growth. For the fact that life is all about risk it doesn't mean one needs to take risk at all time without having understanding about what one is planning to go into risk for. I think before one is planning of going into any risk there should be good understanding of what one is going into risk for, and not to take risk blindly without knowing what it is all about. Going into risk without understanding is another form of gambling.  Good risk taking is all about risking on something that one has slight understanding of but not too sure about it.

Risk takers should always have this understanding when about to take risk, it should be something that you can afford to lose if taking the risk does not end up well.


Title: Re: The benefits of risk taking
Post by: bestcoins1 on April 04, 2024, 02:41:35 PM
To earn money we are always faced with the risk of losing it, which happens almost everywhere for working people. The question is how we are better prepared to face risks and in what ways we can minimize these risks. Money is very sensitive, it moves according to human behavior in handling it and if it is mishandled, money will be a problem for us. Taking risks must be based on careful consideration and if we want to be involved in investment then we should study investment properly, the aim is so that we don't have problems when carrying out the investment.
Sometimes some people don't understand what the benefits of money are, so there are still people who make mistakes when using money in places they shouldn't use it. So in terms of understanding the risks when working to earn money, we ourselves must also be aware that money only functions as a means of transaction when we want to buy something. Because when someone starts using money for investment purposes, they must initially make purchases of goods or assets that they believe are good and good for investment.

Quote
The mindset of some people is that without the courage to take risks, we will never know what level of success we will achieve. Effort and perseverance are the formula in the decision to take risks and if you are not ready then never take risks because it will cause much bigger problems. That's why people don't dare to get out of their comfort zone to try to improve their level of financial income.
People who do not dare to get out of their comfort zone and also do not dare to take any risks with their work, they will not get anything but will remain poor for the rest of their lives. Because in this life we are all really required to work well if we want to be successful and we are also really required to understand the risks of the work we like so that we can find a better way so that the efforts we make are not in vain. So I don't think we need to care about people who don't want to change their mindset and also don't want to get out of their comfort zone.


Title: Re: The benefits of risk taking
Post by: Z_MBFM on April 04, 2024, 03:52:59 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Life is all about risk, life without risk is a kind of life that one might remain the same without growth. For the fact that life is all about risk it doesn't mean one needs to take risk at all time without having understanding about what one is planning to go into risk for. I think before one is planning of going into any risk there should be good understanding of what one is going into risk for, and not to take risk blindly without knowing what it is all about. Going into risk without understanding is another form of gambling.  Good risk taking is all about risking on something that one has slight understanding of but not too sure about it.

Risk takers should always have this understanding when about to take risk, it should be something that you can afford to lose if taking the risk does not end up well.
It is impossible to gain without risk. You must invest to achieve something. Because by investing only you will get return otherwise your situation will not change. So taking risk is the first step to success. this is why a term is called no risk no gain. If those who take a big risk by investing in crypto succeed, it changes their financial situation a lot.  Which can even change someone's life. But those who are afraid to invest considering it a risk always fall back


Title: Re: The benefits of risk taking
Post by: Asiska02 on April 04, 2024, 04:39:06 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Even when risk taking is part of the process to make someone fortunate or achieve their goal in the future, the risk has to be a calculated one and not just any type of risk that will make you regretful and back to the starting point. Some risk are worth taken while some of them are not and one should distance themselves from such risks that will pose a lot of danger to their future prospects. Risks have made great men today and it is because they took a calculated risk and not just anyhow risk they come about through the process of trying to achieve their goal. Know what is worth risking and take it, it could be your only or last opportunity into changing and achieving your dream goal.


Title: Re: The benefits of risk taking
Post by: eightdots on April 04, 2024, 09:27:53 PM
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Great entrepreneurs and businessmen do not take risks without calculating them.  They don't just get into risky situation without knowing how they can minimize and get through it.  There is no benefit in taking risk blindly.  Most of the time if one is taking risks blindly, they end up in a loss.  Great entrepreneurs and businessmen is always cautious in their business venture.  They often identify the risk involved, think of a plan for minimizing that risk, and make a fail-safe tactic if things go out of their hands.

In short, it is not the plain risk-taking that has benefits but rather an intelligent approach to calculating risk and minimizing it that has huge benefits.  It is not the courage to face risk that gives benefits but rather the ability to minimize or control the risk involved in a venture.
Perfectly said. One who takes risk cannot guarantee success, but one who prefers calculated risk over high risk will most likely end having a successful venture. Although taking risks are said to be the gateway to one’s progress and profitability, but taking risk blindly is nothing but could end up into a worst nightmare.

Life is as full of risks. Your decisions are not guaranteed the right ones, and may only cause you future failures. But if you know how to manage those risks without compromising yourself, and take them cautiously, most likely you will achieve your end goals. This is same with trading. If you are not good in managing your greed and emotions, you will never become a successful trader throughout the process.

Risks should be taken in many places, but taking risks without making calculations would not be the right behavior. When you take risks by making calculations, you can reduce your risk level a little more and this will contribute positively to you. Great entrepreneurs and businessmen can be taken as examples in risk management and risk calculation.

As you said, risk does not guarantee success, and risk calculation provides benefits that will ensure success. Taking risks blindly is especially dangerous. Therefore, it is always more useful to examine and calculate risk factors.


Title: Re: The benefits of risk taking
Post by: boyptc on April 04, 2024, 11:28:22 PM
It is impossible to gain without risk.
Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

You must invest to achieve something. Because by investing only you will get return otherwise your situation will not change. So taking risk is the first step to success. this is why a term is called no risk no gain. If those who take a big risk by investing in crypto succeed, it changes their financial situation a lot.  Which can even change someone's life. But those who are afraid to invest considering it a risk always fall back
It's the same with studying and learning a new skill.

We invest our time and money for it in exchange for having that gain to learn something new and gain those skills. It's always the exchange that we're having.


Title: Re: The benefits of risk taking
Post by: 2Pizza410000BTC on April 04, 2024, 11:41:45 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Risk is a very difficult meaning. Those who cannot take risks in life cannot succeed in any work. Before doing anything in life, a person must take risks. Those who have taken risks to change their life or to succeed in any work have achieved a lot of success in life today. In every case you have to take risks. If a man doesn't take risks he lives his life depending on his luck then he can never succeed he has to live in failure all his life. There are risks involved in every business and investment. We invest in Bitcoin and invest in unique coins. Here is definitely the highest era. If we can take risks everywhere, we can definitely succeed from investing and trading. So I want to say that to live as a human being and to achieve success in life one must take risks and learn to take these risks only then you are successful.


Title: Re: The benefits of risk taking
Post by: Essential10 on April 05, 2024, 06:31:31 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
It is natural that there will be various obstacles in the way of life. Risky does not necessarily mean bad direction. There is a proverb we all know, 'No risk no gain'. As we grow up from childhood and enter the workforce after completing education, each day passes through a circling. In such a circle in working life, it seems that nothing has been done in such a way in life. I think that in order to move forward in life, big risks must be taken, whether it is in business or investing in crypto-currencies, without taking risks, it is not possible to actually move forward. If we move forward in our personal and professional lives by taking risks, good things await us in the future. So, instead of shying away from risk, embrace it and see where it can take you. We should remember, all great achievements often require great risks.


Title: Re: The benefits of risk taking
Post by: poodle63 on April 05, 2024, 11:49:30 AM
Risks should be taken in many places, but taking risks without making calculations would not be the right behavior. When you take risks by making calculations, you can reduce your risk level a little more and this will contribute positively to you. Great entrepreneurs and businessmen can be taken as examples in risk management and risk calculation.

As you said, risk does not guarantee success, and risk calculation provides benefits that will ensure success. Taking risks blindly is especially dangerous. Therefore, it is always more useful to examine and calculate risk factors.
risk calculation by any mean, doesn't necessarily guarantee success, thats not true because risk calculation is just mitigating loss and that is, the after math, business is still losing but only mitigated so the loss won't be huge, but it also means that the profit or success that can be achieved also reduced, that always the case with risk calculation, managing risk so that it won't become too risky also means limiting the profit that we gonna gain, same thing with trading, the principle is overall the same.
but overall it does help a lot when we are trying to venture into something new, just like in business, venturing into other field by acquiring new companies, we also need to take risk into account, otherwise the risk might eat up entire company capitals, that has always been the case, there's just no way to ensure success 100%.
if there's anyway or at least someone have the way to ensure success, they'd been trillionaire but truth is, even big companies that have so many manpower to make risk assessment and calculation still experience failure.


Title: Re: The benefits of risk taking
Post by: arwin100 on April 05, 2024, 12:22:50 PM
It is impossible to gain without risk.
Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.


Title: Re: The benefits of risk taking
Post by: junder on April 05, 2024, 01:23:09 PM
There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.

Basically everything has its own risks. including what you said regarding work, indeed if we make a mistake it is possible that what will happen is a warning and after that dismissal. This could happen if the problem we are doing can no longer be tolerated by our superiors. What you say is correct, companies can replace their workers at any time, even if a worker leaves the company, there will probably be a replacement quickly because there are definitely people who are looking for work to earn income.

but sometimes we do need to take risky actions, but we have to be able to see what is being done, if it doesn't have to be done then don't do it, except in business where sometimes you have to take risky actions, as long as the aim is for good such as profit which can be predicted, also taking risks does not mean it has to be done carelessly, of course we also have to consider it as best as possible.


Title: Re: The benefits of risk taking
Post by: boyptc on April 05, 2024, 02:46:22 PM
It is impossible to gain without risk.
Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.
Oh, you're right.

I've forgotten that this pandemic that we've gone through. There were a lot of layoffs that have happened and that's why there is no assurance that you'll get permanent jobs.

And on some occassions, if the company wants to fire you, they'd do something against your will that they'll do it no matter what loyalty you show to them and how tenure you are.

This is the sad truth in being employed and that's why you have to upskill and gain more of it.


Title: Re: The benefits of risk taking
Post by: barisbilgili on April 05, 2024, 02:56:40 PM
Basically everything has its own risks. including what you said regarding work, indeed if we make a mistake it is possible that what will happen is a warning and after that dismissal. This could happen if the problem we are doing can no longer be tolerated by our superiors. What you say is correct, companies can replace their workers at any time, even if a worker leaves the company, there will probably be a replacement quickly because there are definitely people who are looking for work to earn income.

but sometimes we do need to take risky actions, but we have to be able to see what is being done, if it doesn't have to be done then don't do it, except in business where sometimes you have to take risky actions, as long as the aim is for good such as profit which can be predicted, also taking risks does not mean it has to be done carelessly, of course we also have to consider it as best as possible.
What we do certainly has risks, but we also do our best to minimize these risks.
Regarding the mistakes we make that result in being fired, it is not a risk in my opinion, but the mistakes or negligence we make that result in losses if we are fired from the company.

This is different from risk in business, risk in business is something we do to seek profit so it will be inversely proportional to our goals if the path we take does not go as it should.


Title: Re: The benefits of risk taking
Post by: bettercrypto on April 05, 2024, 03:31:14 PM
It is impossible to gain without risk.
Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.

Because the issue of risk is very broad, especially if it is an issue of benefits that can be obtained here, that is probably the business, of course. It is said that if you are a risk-taker in business, it is also possible for you to succeed in business if you are patient and manage your business correctly.

It is said that big capital equals big income and small capital equals small income; this is the cycle of our traditional business in the society we belong to.


Title: Re: The benefits of risk taking
Post by: CageMabok on April 05, 2024, 03:48:22 PM
Because the issue of risk is very broad, especially if it is an issue of benefits that can be obtained here, that is probably the business, of course. It is said that if you are a risk-taker in business, it is also possible for you to succeed in business if you are patient and manage your business correctly.

It is said that big capital equals big income and small capital equals small income; this is the cycle of our traditional business in the society we belong to.
An income cycle that is based on a certain amount of capital is a very normal cycle because that is generally how it is in everyone's life. So everyone continues to compete to get more capital so they can generate bigger income because in terms of business, you really need more relationships and a wider network so you can easily get a number of profits even though you have to finance it with bigger capital. So apart from having to be able to understand the risks in business and have the courage to take them to run a business, each of us also needs to understand where we should target to increase profits.


Title: Re: The benefits of risk taking
Post by: MarjorieZimmermanGinger on April 05, 2024, 04:05:29 PM
An income cycle that is based on a certain amount of capital is a very normal cycle because that is generally how it is in everyone's life. So everyone continues to compete to get more capital so they can generate bigger income because in terms of business, you really need more relationships and a wider network so you can easily get a number of profits even though you have to finance it with bigger capital. So apart from having to be able to understand the risks in business and have the courage to take them to run a business, each of us also needs to understand where we should target to increase profits.
Apart from that, we have to understand the basics of the business we are running or know the market segment we want to target because sometimes people's business development is not on target, making it difficult for them to develop. Developing a business requires capital and the amount of capital we will use really depends on the business we want to build. Talking about risk, it's not only in business, but wherever we are, there will always be risks that we will face.

Identify the business you want to develop and make careful plans so that we can reduce the level of risk that will occur. People have to consider many things before running a business because not everyone has the ability to develop. If the skills, relationships and capital we have are not comparable then it will be difficult to develop the business to be more advanced.


Title: Re: The benefits of risk taking
Post by: salad daging on April 05, 2024, 05:01:07 PM
Many people hesitate to take risks for fear of failing and not being able to come back again, so when people do not dare to take risks, there will be no change in the business they run.

All we know is that taking risks for a benefit must be done so that you can get out of the usual zone to a new one and even this increases your chances of making a profit from it you can become rich because taking risks is of course behind it all there is a calculation because if you take risks without any basis that you know is the same as failing.

The same thing when you invest in bitcoin then there is a high risk: market fluctuation, volatility, but from all that we know more benefits of taking profits after you take the risk of investing in bitcoin.


Title: Re: The benefits of risk taking
Post by: God bless u on April 06, 2024, 01:56:30 PM
Taking risks ultimately lower the amount of hard work and planning while it multiplies your chances of instant richness but the point here is when you should take risks?

Why is that so? Taking risk doesn't contradict hard work done in advance and a planned decision. Taking risks does not mean acting at random. It means accepting the fact that you may make a mistake and that things won't go according to plan, but the potential gain is worth it. And the bet is made precisely on the fact that in the case of a positive version of the development of events, the risk will be fully justified.

Yeah what you said is good but nowadays it doesn't fit the scenario. Hardwork always pays off but today when you do hard work people by spending money grabs the market and your rate of growing decreases rapidly. Money speaks nowadays and in my opinion hard work is also something that can be surpassed using the money at the right time and at the right place.

Hardwork will be very beneficial but for your upcoming generations only and in this world now no one is ready to sacrifice his whole life in hardwork just for his future generations to get the payback. That's why people prefer risk more than hard work.


Title: Re: The benefits of risk taking
Post by: jrrsparkles on April 06, 2024, 02:09:42 PM
What you are saying is 100% true but there is another fact, not everyone who takes risks in their life ends up reaching their goals that's what intimidates the people from not leaving their current job since there is no assurance for their success. Managing their work and goal can be the optimal solution who have such fear like work regularly and in the remaining time they can start their business as part-time and keep doing both simultaneously, once they feel they are good in profits then they can quit their jobs and start focusing on their business.


Title: Re: The benefits of risk taking
Post by: hyudien on April 06, 2024, 02:26:14 PM
Apart from that, we have to understand the basics of the business we are running or know the market segment we want to target because sometimes people's business development is not on target, making it difficult for them to develop. Developing a business requires capital and the amount of capital we will use really depends on the business we want to build. Talking about risk, it's not only in business, but wherever we are, there will always be risks that we will face.

Identify the business you want to develop and make careful plans so that we can reduce the level of risk that will occur. People have to consider many things before running a business because not everyone has the ability to develop. If the skills, relationships and capital we have are not comparable then it will be difficult to develop the business to be more advanced.

This is where the importance of understanding must be carried out, if we are running a business then of course we must have prior knowledge in this matter, don't let us run a business but we ourselves don't have any understanding or knowledge about the business we are running, that's the same as lying. Before running a business, we must be able to do research first, how to run it well and correctly, so that it can be profitable. Of course, the goal of running a business is profit, not loss.
and with such a thing as risk, there must be, not only with business, of course there are risks with other things too. What you say is correct, before running a business we must first consider the actions we will take, lest the actions we take actually cause the business we are running to experience losses or decline. and that is what should be avoided.


Title: Re: The benefits of risk taking
Post by: nara1892 on April 06, 2024, 02:57:55 PM
However, life is always about taking risks, when you don't have money to cover the cost of food then you have to work which means you have to sacrifice your time and sweat which obviously contains risks, such as if you get sick from exhaustion or other things you never wanted. This is true for everyone which means life is always about taking risks.

Especially if we are talking about the world of business or business that we must have the courage to take risks without any risk.
courage in terms of taking risks without any guarantee of getting the results we want, where in the end it is not uncommon to see some business people who end up failing, and those who really fail are those who do not have the courage to continue or even those who from the beginning never dared to start because they were too worried and too afraid, so in the end when you just stand still without doing something that can make your life develop, then it is clear that you will never achieve change. The point is that only you can change yourself, by taking risks and getting out of your comfort zone where there has been no change or progress.


Title: Re: The benefits of risk taking
Post by: junder on April 06, 2024, 05:04:24 PM
Basically everything has its own risks. including what you said regarding work, indeed if we make a mistake it is possible that what will happen is a warning and after that dismissal. This could happen if the problem we are doing can no longer be tolerated by our superiors. What you say is correct, companies can replace their workers at any time, even if a worker leaves the company, there will probably be a replacement quickly because there are definitely people who are looking for work to earn income.

but sometimes we do need to take risky actions, but we have to be able to see what is being done, if it doesn't have to be done then don't do it, except in business where sometimes you have to take risky actions, as long as the aim is for good such as profit which can be predicted, also taking risks does not mean it has to be done carelessly, of course we also have to consider it as best as possible.
What we do certainly has risks, but we also do our best to minimize these risks.
Regarding the mistakes we make that result in being fired, it is not a risk in my opinion, but the mistakes or negligence we make that result in losses if we are fired from the company.

This is different from risk in business, risk in business is something we do to seek profit so it will be inversely proportional to our goals if the path we take does not go as it should.

Every activity carried out by humans certainly has risks, as with work it is clear that there are very heavy/big risks but in my opinion job dismissal is not a risk because every worker/employee is fired there must be a certain reason so that the worker is fired by his superior, there is no people who want to lose their jobs, but if there are people who deliberately make mistakes, maybe they are people who have lost their minds, even though sometimes work is boring, we shouldn't look for problems at work.

Yes, sometimes when we run a business, there are times when we have to take risky actions to move forward. In my opinion, actions like this are only done by people who really have strong determination and belief, because not just anyone can do this. Sometimes for a successful business we have to dare to take risks, even though there is a possibility of failure,  but at least when we have done that,  I think we are people who dare to move forward, and even if we fail,  it will be a lesson for us. It's not bad if we do this as long as we are clear about what we are doing and for what purpose.


Title: Re: The benefits of risk taking
Post by: lizarder on April 06, 2024, 08:07:25 PM
Sometimes some people don't understand what the benefits of money are, so there are still people who make mistakes when using money in places they shouldn't use it. So in terms of understanding the risks when working to earn money, we ourselves must also be aware that money only functions as a means of transaction when we want to buy something. Because when someone starts using money for investment purposes, they must initially make purchases of goods or assets that they believe are good and good for investment.
Everyone understands money and they actually make the wrong decisions more often because they don't understand the right way to engage in work or use money. The function of money is as a means of payment and that is generally known by many people, even when we want to invest we first buy assets to invest. Most people understand the function of money, but they are unable to see the potential in money, so every time they make a decision, it results in losses because they don't understand how.

People who do not dare to get out of their comfort zone and also do not dare to take any risks with their work, they will not get anything but will remain poor for the rest of their lives. Because in this life we are all really required to work well if we want to be successful and we are also really required to understand the risks of the work we like so that we can find a better way so that the efforts we make are not in vain. So I don't think we need to care about people who don't want to change their mindset and also don't want to get out of their comfort zone.
The comfortable zone will only make people lag behind in seeking profits anywhere, but that doesn't mean people have to take risks without any consideration. If people want to build a business or invest, then what they need to learn is about the progress of both because it is impossible for people to be successful if they don't know how to develop a business or how to run an investment. You need to change your mindset if you want to pursue wealth because people who dare to take risks have a much better chance of achieving financial success.


Title: Re: The benefits of risk taking
Post by: salad daging on April 06, 2024, 08:15:51 PM
However, life is always about taking risks, when you don't have money to cover the cost of food then you have to work which means you have to sacrifice your time and sweat which obviously contains risks, such as if you get sick from exhaustion or other things you never wanted. This is true for everyone which means life is always about taking risks.

Especially if we are talking about the world of business or business that we must have the courage to take risks without any risk.
courage in terms of taking risks without any guarantee of getting the results we want, where in the end it is not uncommon to see some business people who end up failing, and those who really fail are those who do not have the courage to continue or even those who from the beginning never dared to start because they were too worried and too afraid, so in the end when you just stand still without doing something that can make your life develop, then it is clear that you will never achieve change. The point is that only you can change yourself, by taking risks and getting out of your comfort zone where there has been no change or progress.
Work is a must because if you do not sacrifice this there will be no money earned, work must be but taking risks in other fields then it must be done even if you have small capital.

In business risk is a must that is taken otherwise it will not get out of their comfort zone then there is no development at all when no risk is taken.

Taking risks must also have a calculation where you must understand and record all expenses / income if for example you fail then you have to try once to fail not to try again then you will fail for as long as possible, ups and downs must be normal when you are up in a business that has developed then the process you go through has been successful.


Title: Re: The benefits of risk taking
Post by: Egii Nna on April 06, 2024, 08:45:01 PM
Many people hesitate to take risks for fear of failing and not being able to come back again, so when people do not dare to take risks, there will be no change in the business they run.

All we know is that taking risks for a benefit must be done so that you can get out of the usual zone to a new one and even this increases your chances of making a profit from it you can become rich because taking risks is of course behind it all there is a calculation because if you take risks without any basis that you know is the same as failing.

The same thing when you invest in bitcoin then there is a high risk: market fluctuation, volatility, but from all that we know more benefits of taking profits after you take the risk of investing in bitcoin.

As it has been said, even the life we leave in is a risk because you don’t know when or which day you are going to die, so risk is like a potential act in life because anything that you don’t know how it will be in the future can still be a risk, so life is completely filled with risk and is left for you to take. more potential risk that will add up to your finances because, without risk, you can’t get rich. That is just a fact. But when talking about risks, know the risk that will favour you because not all risks favour everyone. 
 
Talking about bitcoin. To me, risk in bitcoin is education and exploration because if you are more attentive, you will gain more knowledge and at the same time gain more profit, but that deals with a higher level of patience. Having such knowledge and risking your funds is not a small deal, but we all know that bitcoin is reliable and also safe to invest in, and if you are patient, you will gain the reward for that. 


Title: Re: The benefits of risk taking
Post by: Jody.Drummer on April 06, 2024, 09:28:23 PM
What you are saying is 100% true but there is another fact, not everyone who takes risks in their life ends up reaching their goals that's what intimidates the people from not leaving their current job since there is no assurance for their success. Managing their work and goal can be the optimal solution who have such fear like work regularly and in the remaining time they can start their business as part-time and keep doing both simultaneously, once they feel they are good in profits then they can quit their jobs and start focusing on their business.

True, but if you don't have the courage to step up then won't you stay in the same zone? Of course, there are some people who have the courage to step out of their comfort zone and try to pursue their dreams with an action and there are some people who have the same dream but only think about something that will only create a lot of delays because they are too worried about something unwanted that might happen.

This means that the concern and fear of some people to step out of their comfort zone is because there is no guarantee that they will really be able to achieve success such as the fear of leaving their main job to build a new business. And yes what you said is a pretty effective solution for those who are too worried and I see that some people have done things like this where they start their business but don't leave their main job, which means they manage and manage their business the rest of their day when their main job is finished and when they start to see pretty good progress in the business they run then usually yes they just dare to leave their main job.


Title: Re: The benefits of risk taking
Post by: stadus on April 06, 2024, 09:47:10 PM
Many people hesitate to take risks for fear of failing and not being able to come back again, so when people do not dare to take risks, there will be no change in the business they run.

All we know is that taking risks for a benefit must be done so that you can get out of the usual zone to a new one and even this increases your chances of making a profit from it you can become rich because taking risks is of course behind it all there is a calculation because if you take risks without any basis that you know is the same as failing.

The same thing when you invest in bitcoin then there is a high risk: market fluctuation, volatility, but from all that we know more benefits of taking profits after you take the risk of investing in bitcoin.
I would rather say take calculated risks instead, that way you will gain higher chances of success. Because  if you only mean just by taking risk, positive changes will come right after, the truth is it doesn’t work like that. A lot of people take risk and end up in failure. That’s because they were never prepared enough for that risk and they never take calculated risk. Instead, they just rush into taking risk, not realizing that taking risks unprepared at some point may always end up with its negative consequences.


Title: Re: The benefits of risk taking
Post by: topbitcoin on April 06, 2024, 11:15:45 PM
............
Taking risks must also have a calculation where you must understand and record all expenses / income if for example you fail then you have to try once to fail not to try again then you will fail for as long as possible, ups and downs must be normal when you are up in a business that has developed then the process you go through has been successful.

Failure does not entail an immediate need to fail again. You should, however, aim to gain from these failures and use them as bases for leveraging towards higher levels of achievement. There are a few attitudes that a person aspiring to be an entrepreneur or in business needs to have, such as being optimistic about whatever comes your way, having strong self-confidence, and never giving up on your dreams.
One of the reasons that it is worth being patient when creating and developing your own company is the understanding that the path to success involves lots of falls and missteps. When you see that the company in which you are active starts to grow, this testifies to a successful process already passed and brings an expected result.

...........

As it has been said, even the life we leave in is a risk because you don’t know when or which day you are going to die, so risk is like a potential act in life because anything that you don’t know how it will be in the future can still be a risk, so life is completely filled with risk and is left for you to take. more potential risk that will add up to your finances because, without risk, you can’t get rich. That is just a fact. But when talking about risks, know the risk that will favour you because not all risks favour everyone. 
 
Talking about bitcoin. To me, risk in bitcoin is education and exploration because if you are more attentive, you will gain more knowledge and at the same time gain more profit, but that deals with a higher level of patience. Having such knowledge and risking your funds is not a small deal, but we all know that bitcoin is reliable and also safe to invest in, and if you are patient, you will gain the reward for that. 

Risk is a reality, and it engulfs life from birth, as no one knows what will happen in the future. Taking risks is an integral part of life, and they can bring about potential rewards, especially in financial matters. However, it is important to be aware of the risks that are taken and to select those risks that are beneficial.

The analysis of Bitcoin risk would consider education and exploration. To invest money in Bitcoin, a person should be knowledgeable and patient as it is difficult to make an instant profit from such investments. Conversely, investing wisely can yield profitable yet safe returns on Bitcoin. In the long run, patience and enough knowledge can result in satisfying rewards.


Title: Re: The benefits of risk taking
Post by: jrrsparkles on April 07, 2024, 05:06:07 AM
What you are saying is 100% true but there is another fact, not everyone who takes risks in their life ends up reaching their goals that's what intimidates the people from not leaving their current job since there is no assurance for their success. Managing their work and goal can be the optimal solution who have such fear like work regularly and in the remaining time they can start their business as part-time and keep doing both simultaneously, once they feel they are good in profits then they can quit their jobs and start focusing on their business.

True, but if you don't have the courage to step up then won't you stay in the same zone? Of course, there are some people who have the courage to step out of their comfort zone and try to pursue their dreams with an action and there are some people who have the same dream but only think about something that will only create a lot of delays because they are too worried about something unwanted that might happen.

This means that the concern and fear of some people to step out of their comfort zone is because there is no guarantee that they will really be able to achieve success such as the fear of leaving their main job to build a new business. And yes what you said is a pretty effective solution for those who are too worried and I see that some people have done things like this where they start their business but don't leave their main job, which means they manage and manage their business the rest of their day when their main job is finished and when they start to see pretty good progress in the business they run then usually yes they just dare to leave their main job.

If the individual doesn't have the responsibility to provide for their family then they can take the risk straight away so even if they fail they can survive. No one is going to be affected but when a family depends on the man or woman can't afford to take such risks. Hence, they have to consider the basic necessity as the first priority for their family then pursuing their dream which I respect.

But as I said if they put extra effort then there is high possibility of changing their fate in terms of financial success.


Title: Re: The benefits of risk taking
Post by: junder on April 07, 2024, 09:37:38 AM
I would rather say take calculated risks instead, that way you will gain higher chances of success. Because  if you only mean just by taking risk, positive changes will come right after, the truth is it doesn’t work like that. A lot of people take risk and end up in failure. That’s because they were never prepared enough for that risk and they never take calculated risk. Instead, they just rush into taking risk, not realizing that taking risks unprepared at some point may always end up with its negative consequences.

Taking decisions and taking risky actions does not mean that they are not taken into account or not considered, even though it is said that taking risky actions is the same as having to be calculated and considered well, don't take risky actions that are really not considered and not taken into account, that's not true. Everything needs to be considered carefully and correctly so that the results of risky actions are not too bad or the results can even be good.

It's true what you said, many of them take risky actions but they fail in the end and that's probably because they didn't prepare or consider it well so they can be said to have given up when taking that risky action. Also, as you said, they were too hasty in taking action, they were not fully prepared, but even so, I think they can learn lessons that they can use as lessons for the future so that they don't take the same action again, unless they have considered it first. before doing it.


Title: Re: The benefits of risk taking
Post by: MissNonFall9 on April 07, 2024, 09:55:24 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
The first step to success in life is hard work and the second major step is to take risks. Because we know that staying in a comfortable situation can make life stagnate and deprive us of endless possibilities. As there is a possibility of failure through risk-taking the financial loss can be significantly observed so that a person has to face various challenging environments mentally and financially. But if life is to be moved forward or to the pinnacle of development one must have the mindset and ability to take risks both short-term and long-term. It is through taking risks that a person can succeed in both his personal and professional spheres and the mindset of different types of innovation and creativity will propel himself and the country towards economic development.


Title: Re: The benefits of risk taking
Post by: Mrbluntzy on April 07, 2024, 09:56:38 AM
Risk is part of life but not all risk is worth taking and before most entrepreneur take any form of risk, they must have lay down analysis on the result they are expecting and they will always have a back up plan, so that if their results are not good at all, they can quickly retrace to something that can likely work for them. No risk should be taking ignorantly without properly analysis the benefits and loses that is attached.


Title: Re: The benefits of risk taking
Post by: angrybirdy on April 07, 2024, 10:41:21 AM
Risk is part of life but not all risk is worth taking and before most entrepreneur take any form of risk, they must have lay down analysis on the result they are expecting and they will always have a back up plan, so that if their results are not good at all, they can quickly retrace to something that can likely work for them. No risk should be taking ignorantly without properly analysis the benefits and loses that is attached.

I agree with you, some people mostly those entrepreneur who's decided to take a risk is already have a back up plan because they know that not all the risk they do will going to be successful. sometimes It:s better not to take a risk especially if you know that the things that you're going to do is not in line in your passion and if you have a hint that this will not gonna be work out but it's up to a person if they are really a risk taker who's afford to lose more money than keeping it.


Title: Re: The benefits of risk taking
Post by: God bless u on April 07, 2024, 11:45:30 AM
Sometimes some people don't understand what the benefits of money are, so there are still people who make mistakes when using money in places they shouldn't use it. So in terms of understanding the risks when working to earn money, we ourselves must also be aware that money only functions as a means of transaction when we want to buy something. Because when someone starts using money for investment purposes, they must initially make purchases of goods or assets that they believe are good and good for investment.
Everyone understands money and they actually make the wrong decisions more often because they don't understand the right way to engage in work or use money. The function of money is as a means of payment and that is generally known by many people, even when we want to invest we first buy assets to invest. Most people understand the function of money, but they are unable to see the potential in money, so every time they make a decision, it results in losses because they don't understand how.

People who do not dare to get out of their comfort zone and also do not dare to take any risks with their work, they will not get anything but will remain poor for the rest of their lives. Because in this life we are all really required to work well if we want to be successful and we are also really required to understand the risks of the work we like so that we can find a better way so that the efforts we make are not in vain. So I don't think we need to care about people who don't want to change their mindset and also don't want to get out of their comfort zone.
The comfortable zone will only make people lag behind in seeking profits anywhere, but that doesn't mean people have to take risks without any consideration. If people want to build a business or invest, then what they need to learn is about the progress of both because it is impossible for people to be successful if they don't know how to develop a business or how to run an investment. You need to change your mindset if you want to pursue wealth because people who dare to take risks have a much better chance of achieving financial success.

Yeah that's the exact point that taking calculative risks is very important. If you go ahead and take risks without future planning and calculations then you'll end up in destruction. This happens in almost 95 out of 100 cases if you don't calculate what you're doing.

But the sad truth is that we are impressed by the remaining 5 people only. We see them how fast they have progressed by taking risks and then we try to do that  by we fall into that 95 people. We need to be practical and more calculative while investing.


Title: Re: The benefits of risk taking
Post by: AnonBitCoiner on April 07, 2024, 11:52:05 AM
Risk is part of life but not all risk is worth taking and before most entrepreneur take any form of risk, they must have lay down analysis on the result they are expecting and they will always have a back up plan, so that if their results are not good at all, they can quickly retrace to something that can likely work for them. No risk should be taking ignorantly without properly analysis the benefits and loses that is attached.

Some individuals will take the risk but they don't know anything about the field but they believe that taking risk will give them profit even if they don't know anything but I think such kind of act is just gambling.

If you believe that taking risk in this field will give you profit if you use your strategies then taking such risk is suitable option for enhancing your income but all types of risk should not be taken into account.


Title: Re: The benefits of risk taking
Post by: hyudien on April 07, 2024, 12:33:29 PM
I agree with you, some people mostly those entrepreneur who's decided to take a risk is already have a back up plan because they know that not all the risk they do will going to be successful. sometimes It:s better not to take a risk especially if you know that the things that you're going to do is not in line in your passion and if you have a hint that this will not gonna be work out but it's up to a person if they are really a risk taker who's afford to lose more money than keeping it.
For those who are entrepreneurs, of course every now and then they will decide to take a risk, but this is done with the aim of achieving success or something positive, but it is a big risk. but in my opinion, actions like that are not bad because they are also good things and it is normal for an entrepreneur to do that, not only entrepreneurs, but also with other people, this usually happens, whether they are street vendors, entrepreneurs or business people. Maybe things like this are done because they don't have any other choice or have a backup plan like what you said.
I think people who dare to take risks are people who have strong determination and self-confidence, because not all entrepreneurs or business people dare to take risks by betting that what they are running could go bankrupt. But this also has a good and positive side, by taking risks maybe they can learn their own lessons, either to improve or to deepen.


Title: Re: The benefits of risk taking
Post by: nara1892 on April 07, 2024, 02:04:19 PM
Risk is part of life but not all risk is worth taking and before most entrepreneur take any form of risk, they must have lay down analysis on the result they are expecting and they will always have a back up plan, so that if their results are not good at all, they can quickly retrace to something that can likely work for them. No risk should be taking ignorantly without properly analysis the benefits and loses that is attached.

Some individuals will take the risk but they don't know anything about the field but they believe that taking risk will give them profit even if they don't know anything but I think such kind of act is just gambling.

If you believe that taking risk in this field will give you profit if you use your strategies then taking such risk is suitable option for enhancing your income but all types of risk should not be taken into account.

If we talk about the fact that there is no guarantee for anyone to achieve success after they dare to take risks, then yes, perhaps this scenario is almost the same as gambling, but there is a significant difference in that when you dare to take risks in anything, such as having the courage to yourself to start a business then one day you will have the opportunity to achieve success provided that if you never give up and consider that failure is a normal thing experienced by everyone who tries to take risks, because even if you fail, you will gain experience. and knowledge that you will not get if you do not take risks at all and this is the provision that will lead you to success, and is different from gambling where there is absolutely no element of success in terms of making money.

Nothing will work if you only rely on faith, which means you also need to really have a fighter's mentality, which means having the mentality of never giving up and also having high confidence in risk-taking decisions.


Title: Re: The benefits of risk taking
Post by: Jody.Drummer on April 07, 2024, 06:19:41 PM
The first step to success in life is hard work and the second major step is to take risks. Because we know that staying in a comfortable situation can make life stagnate and deprive us of endless possibilities. As there is a possibility of failure through risk-taking the financial loss can be significantly observed so that a person has to face various challenging environments mentally and financially. But if life is to be moved forward or to the pinnacle of development one must have the mindset and ability to take risks both short-term and long-term. It is through taking risks that a person can succeed in both his personal and professional spheres and the mindset of different types of innovation and creativity will propel himself and the country towards economic development.

Sometimes there are people who already have a job and have enough income so that they can survive and tend not to dare to move forward, such as those who have an income and can manage their finances well, it can be said that they have enough money to start a business but they don't dare because you already feel comfortable in that cycle, even though there is no harm in taking risky actions such as leaving your main job and starting your own business. However, it is better to have a permanent job and have your own business, but maybe the focus can be divided.

It's true what you said, of course to achieve success there must be struggle, including failure, because failure is one of the conditions for success, there is no success without failure, I once saw a motivational video on social media about someone trying to climb the top of the ladder, but he keep falling and getting back up like that. Indirectly, it made me realize that success requires sacrifice first.


Title: Re: The benefits of risk taking
Post by: batang_bitcoin on April 07, 2024, 07:25:24 PM
Nothing will work if you only rely on faith, which means you also need to really have a fighter's mentality, which means having the mentality of never giving up and also having high confidence in risk-taking decisions.
As for faith, it is nothing without works and that's why you need to take risks and have that faith and let all do on its own. Having that mentality of being a fighter means really a lot to someone who takes risks because that gives them the idea that if the result comes out so good, it's all credit to them. But if not, then it's all about the lesson that one can learn from that and it is making that person stronger because he's not scared of taking them.


Title: Re: The benefits of risk taking
Post by: stomachgrowls on April 07, 2024, 07:44:26 PM
Nothing will work if you only rely on faith, which means you also need to really have a fighter's mentality, which means having the mentality of never giving up and also having high confidence in risk-taking decisions.
As for faith, it is nothing without works and that's why you need to take risks and have that faith and let all do on its own. Having that mentality of being a fighter means really a lot to someone who takes risks because that gives them the idea that if the result comes out so good, it's all credit to them. But if not, then it's all about the lesson that one can learn from that and it is making that person stronger because he's not scared of taking them.
Plans wont really be materialized on the time that you wont really be taking any actions on which it would really be that something that would really be that understandable that if you are really that trying out to
achieve something then you should really work for it because if you cant really be able to make yourself that having that effort then there's no way that it would materialize. Somehow there are really indeed people who are really just that contented on what they do have now even if they are on a state on which they are really just that making money for their food on everyday without even trying out to wish on having that something better then they would really be just simply that idle.

If you are someone who do have those kind of hopes and wishes in regarding on having a better life, then you would definitely be thinking up on what are the methods or ways that you could really be able to achieve such state.It is really just that a matter of on how you would really be taking up such action for you to be able to achieve into those goals that you have set out.
There are ones who are really that finding those methods no matter what.


Title: Re: The benefits of risk taking
Post by: Fortify on April 07, 2024, 07:45:42 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Your way through life is always fraught with different risks and your mentality can often be sculpted by how they've been explained to you throughout life. Take finances for example, many people around the world think saving money in the bank is the correct way to live life, but it is an incredibly slow and tedious grind which for long periods of time has paid a pittance in comparison to the returns of the stock market. The stock market is just a collection of different businesses and depending on how you invest your money can be at higher or lower risk. However many people don't appreciate that their pensions are also invested in the stock market so part of their long term portfolio was always at risk anyway.


Title: Re: The benefits of risk taking
Post by: batang_bitcoin on April 07, 2024, 08:40:51 PM
As for faith, it is nothing without works and that's why you need to take risks and have that faith and let all do on its own. Having that mentality of being a fighter means really a lot to someone who takes risks because that gives them the idea that if the result comes out so good, it's all credit to them. But if not, then it's all about the lesson that one can learn from that and it is making that person stronger because he's not scared of taking them.
Plans wont really be materialized on the time that you wont really be taking any actions on which it would really be that something that would really be that understandable that if you are really that trying out to
achieve something then you should really work for it because if you cant really be able to make yourself that having that effort then there's no way that it would materialize. Somehow there are really indeed people who are really just that contented on what they do have now even if they are on a state on which they are really just that making money for their food on everyday without even trying out to wish on having that something better then they would really be just simply that idle.

If you are someone who do have those kind of hopes and wishes in regarding on having a better life, then you would definitely be thinking up on what are the methods or ways that you could really be able to achieve such state.It is really just that a matter of on how you would really be taking up such action for you to be able to achieve into those goals that you have set out.
There are ones who are really that finding those methods no matter what.
The methods that you'll do varies and it's up to you on how you'll materialize with those plans and methods that you've got on your mind as you try to risk. With all of the inspirations about taking risks, they're also helping to push someone who's not good at it and that motivates them that taking risk is essential to gain something that you plan to have. If you don't work hard for it and you're not thinking of the ways on how to change what you've been used to living, there won't be a lot of gain for you.


Title: Re: The benefits of risk taking
Post by: lizarder on April 07, 2024, 09:04:04 PM
Yeah that's the exact point that taking calculative risks is very important. If you go ahead and take risks without future planning and calculations then you'll end up in destruction. This happens in almost 95 out of 100 cases if you don't calculate what you're doing.

But the sad truth is that we are impressed by the remaining 5 people only. We see them how fast they have progressed by taking risks and then we try to do that  by we fall into that 95 people. We need to be practical and more calculative while investing.
I think many people misunderstand the meaning of taking a chance on risk because what they understand is only that the rate of return on risk is cumulative. In fact, taking risks must be commensurate with the ability to carry out something because otherwise it would be the same as people wanting to bet on uncertainty. If you take risks without careful planning and do not involve knowledge then destruction is something that will happen, because this kind of person has no alternative to solve the problems that will arise along the way.

Innovation and ideas are the culmination of a decision, sometimes we ignore the impact but think more about how to make a lot of money without thinking about the process. Nothing is instant in this world because everyone needs to plan for success in a mature way, it will not be easy to achieve when only relying on risk.


Title: Re: The benefits of risk taking
Post by: GbitG on April 07, 2024, 09:33:16 PM
Taking a risk is good, but taking a risk does not mean that you are not getting anything and you say that I will make a profit by taking a risk. Taking a risk is not a bet or sometimes that will lead to success or failure. it needs a proper plan, if you don't have a proper plan for your risk, you may get a loss instead of a benefit. Because if you say that I will make a profit by investing straight forward in Bitcion and you don't pay anything at all, it means that you don't have any knowledge about market sentiment, technical analysis, fundamental analysis, and other matters. And despite this, if you say that I have taken a risk and I will organize profit from it, then I think no one can be more foolish than this guy.
 
Taking risks means that you should first inform yourself about these aspects that are part of your work and, after that, make your plan by using it under the possible strategy while at the same time avoiding it. After that, you will be able to say that I have taken a risk on something as volatile as Bitcoin. That is, you should have a strong stance from your side, and then, from the perspective of strategy, it becomes a risk, otherwise, it is nothing but betting/gambling.


Title: Re: The benefits of risk taking
Post by: Bravut on April 07, 2024, 10:12:16 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Nothing tangible in this life comes without risk. For survival, to be who you want to be, to sponsor the lifestyle you want you gotta take risk, you have to believe, you have to take part in regardless of the outcome as far as it worth it.  You don't know what might become of it till you have tried, even if you fail give it more trial give it all you got.

The people who are enjoying and living a satisfied life once took risk for that investment, business, companies they have now, they evolve more  than the spirit of fear, a saying goes"  The brave act in spite of there fear", they conquered there fears. And they achieved it, so if you ain't ready for that invariably means you are ready to remain stucked, and live a life of regret and Mediocrity.

Billionaires lose millions to become Billionaires.
Millionaire lose thousands to become Millionaire
People who live on thousands lose hundreds.
While the poor are not ready to lose anything and rather choose to remain stuck, what differentiate is Action.


Title: Re: The benefits of risk taking
Post by: MissNonFall9 on April 08, 2024, 05:03:59 AM
The first step to success in life is hard work and the second major step is to take risks. Because we know that staying in a comfortable situation can make life stagnate and deprive us of endless possibilities. As there is a possibility of failure through risk-taking the financial loss can be significantly observed so that a person has to face various challenging environments mentally and financially. But if life is to be moved forward or to the pinnacle of development one must have the mindset and ability to take risks both short-term and long-term. It is through taking risks that a person can succeed in both his personal and professional spheres and the mindset of different types of innovation and creativity will propel himself and the country towards economic development.

Sometimes there are people who already have a job and have enough income so that they can survive and tend not to dare to move forward, such as those who have an income and can manage their finances well, it can be said that they have enough money to start a business but they don't dare because you already feel comfortable in that cycle, even though there is no harm in taking risky actions such as leaving your main job and starting your own business. However, it is better to have a permanent job and have your own business, but maybe the focus can be divided.

It's true what you said, of course to achieve success there must be struggle, including failure, because failure is one of the conditions for success, there is no success without failure, I once saw a motivational video on social media about someone trying to climb the top of the ladder, but he keep falling and getting back up like that. Indirectly, it made me realize that success requires sacrifice first.
Yes of course it is right to struggle with failure because failure can be said to be the first and foremost step to success. Failure is inextricably linked to success. Everyone has failure in their life it can be failure in personal life or failure in professional life. If there was no failure in our life the joy of success might not be available. So to achieve ultimate success in life we must analyze failures and accordingly plan or plan for success. In such a situation risk will exist in every step. We need to have a risk-taking mentality to get out of our comfort zone to create financial stability in our lives for our future lives. Because where there is no risk there is no success nor the joy of success.


Title: Re: The benefits of risk taking
Post by: shinratensei_ on April 08, 2024, 08:14:58 AM
Yes of course it is right to struggle with failure because failure can be said to be the first and foremost step to success. Failure is inextricably linked to success. Everyone has failure in their life it can be failure in personal life or failure in professional life. If there was no failure in our life the joy of success might not be available. So to achieve ultimate success in life we must analyze failures and accordingly plan or plan for success. In such a situation risk will exist in every step. We need to have a risk-taking mentality to get out of our comfort zone to create financial stability in our lives for our future lives. Because where there is no risk there is no success nor the joy of success.
calculated failure is definitely one step ahead toward striving for success, but uncalculated failure might be a disaster, losing 10% of your capital because of failure is fine, losing 100% of your capital and get into debt means you won't be starting other attempt anytime soon which means longer time reaching success though experience accumulated from the failure might add up to your worth but what kind of business nowaday that doesn't require capital I think we can agree that calculating risk and preserving money from failure is also one way to success.

because reckless scaling and business expansion for example that you got the capital from loan and if anything goes wrong and the business failed, then you just gonna get into more trouble, as far as I'm concerned many of the rich people out there are become rich from calculating and managing risk from their business yes there are some that just start out a business and then succeed, but that also require sheer of luck.


Title: Re: The benefits of risk taking
Post by: Oasisman on April 08, 2024, 08:36:36 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Did you come to the realization that every single person has different risk appetites? Some are not built to withstand the risk associated with building their own business and some have larger appetites regardless of financial doubts. Nevertheless, the world needs balance, not everyone can be a business man, that's why there's a lot of workers as it bears almost no risk of lossing money.
Also, business usually needs huge capital. So, not everyone has the capacity to provide such amount to start from the scratch. Not only does the risk that's hindering for someone to build their own business, but it's the capital first.


Title: Re: The benefits of risk taking
Post by: moneystery on April 08, 2024, 08:42:23 AM
Taking a risk is good, but taking a risk does not mean that you are not getting anything and you say that I will make a profit by taking a risk. Taking a risk is not a bet or sometimes that will lead to success or failure. it needs a proper plan, if you don't have a proper plan for your risk, you may get a loss instead of a benefit.
....

taking risks without having a thorough plan is the same as gambling, because he doesn't know anything about the risks he is taking and what the results will be, whether they fail or succeed. that's the same as a fool, because he doesn't know anything and just takes risks just because it can give them the opportunity to make money.

smart people should plan everything from the start before they take a risk. they will think about plan a-z to succeed in taking the risk and what to do next if the plan fails. so that the risks taken do not have a significant impact on them.


Title: Re: The benefits of risk taking
Post by: betswift on April 08, 2024, 08:58:16 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.


Title: Re: The benefits of risk taking
Post by: Manlikefrank1 on April 08, 2024, 11:11:49 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
In this life you have to be able to make some decisions what making a better change in your life to achieve what you want for example, to build or grow your self you need to take risk and leaving of your comfort, innovation and creativity, increase confidence, adaptability and barriers breaking.this above a just little of the benefit to achieve when taking a risk in your career or life as a human .

I agree with the op of this post that taking risk is part of growth, as there is a popular saying that, “He who fails to take risk, already risk to fail” this saying is just trying to say that, for growth to happen, there must be some level of risk and the higher your risk, the higher your gain.


Title: Re: The benefits of risk taking
Post by: OrangeII on April 08, 2024, 03:23:54 PM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.


Title: Re: The benefits of risk taking
Post by: FortuneFollower on April 08, 2024, 04:03:47 PM
Absolutely, diving headfirst into every risk isn’t the way to go. Its all about being smart with the risks you decide to take. Think of it as being a detective with your decisions scrutinizing the clues (data and potential outcomes), pondering your moves, and then, if it all checks out, taking the leap. It’s like choosing your battles wisely to win the war. Going for a risk should be more like a well-thought-out strategy rather than a wild guess. That’s where the real magic of risk-taking lies.


Title: Re: The benefits of risk taking
Post by: Hamphser on April 08, 2024, 09:47:50 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
In this life you have to be able to make some decisions what making a better change in your life to achieve what you want for example, to build or grow your self you need to take risk and leaving of your comfort, innovation and creativity, increase confidence, adaptability and barriers breaking.this above a just little of the benefit to achieve when taking a risk in your career or life as a human .

I agree with the op of this post that taking risk is part of growth, as there is a popular saying that, “He who fails to take risk, already risk to fail” this saying is just trying to say that, for growth to happen, there must be some level of risk and the higher your risk, the higher your gain.
Yes of course, if you do want to have that drastic change specially on financial aspect or condition then of course you would really be able to attain these things through risks via making investment or have that business on which it would really be adding up into your overall income. Diversify as much as you could and build up as much as you can because having multiple income source could really give out that kind of
opportunity on changing up your financial situation on which this is something more better than most people. You wont really be able to make yourself progressive if you wont act or would really be just simply sitting.

For you to have that kind of change then you should really be taking up the risks. It is really just that your own advancement or progress would really be just that matter or would really be that depending
on the risks that you have taken. FOr those who had none then they have decided to be contented on what they do have now and having no plans on having that kind of changes
into their lives.


Title: Re: The benefits of risk taking
Post by: JunaidAzizi on April 08, 2024, 11:31:56 PM
People are afraid to take a risk and start something like a bussiness because they afraid of lossing their money . I learned from my past experiences that a person who is afraid to take a risk is afraid of a money he borrow. Their thought was that if they lose this money, how they will return it? For that, they are looking for a secure investment from where they are guaranteed that their investment will give them a profit. But one thing I got from that is a person who invests in a secure plan and is afraid of risk earns less than a person who took a risk. In fact, risk gives you a very good opportunity, whether you take it or not. If you take, you will succeed, and if not, you will earn a small profit.


Title: Re: The benefits of risk taking
Post by: Questat on April 09, 2024, 05:27:25 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Taking a risk is the choice of someone who can dearly take it and can manage themselves despite the possibility of losing.
So why many people don't try business or entrepreneurship is probably because they are not confident in themselves as this will drive them from thinking negatively instead of pushing it to be positive.

High risk = high rewards
But we don't have to urge ourselves if we are doubtful in the first place because that only leads to losing. Doing business needs commitment and this is missing by most.


Title: Re: The benefits of risk taking
Post by: MissNonFall9 on April 09, 2024, 06:41:01 AM
Yes of course it is right to struggle with failure because failure can be said to be the first and foremost step to success. Failure is inextricably linked to success. Everyone has failure in their life it can be failure in personal life or failure in professional life. If there was no failure in our life the joy of success might not be available. So to achieve ultimate success in life we must analyze failures and accordingly plan or plan for success. In such a situation risk will exist in every step. We need to have a risk-taking mentality to get out of our comfort zone to create financial stability in our lives for our future lives. Because where there is no risk there is no success nor the joy of success.
calculated failure is definitely one step ahead toward striving for success, but uncalculated failure might be a disaster, losing 10% of your capital because of failure is fine, losing 100% of your capital and get into debt means you won't be starting other attempt anytime soon which means longer time reaching success though experience accumulated from the failure might add up to your worth but what kind of business nowaday that doesn't require capital I think we can agree that calculating risk and preserving money from failure is also one way to success.

because reckless scaling and business expansion for example that you got the capital from loan and if anything goes wrong and the business failed, then you just gonna get into more trouble, as far as I'm concerned many of the rich people out there are become rich from calculating and managing risk from their business yes there are some that just start out a business and then succeed, but that also require sheer of luck.
One lesson I have learned is to chase after success like others to be successful. But I did not reach my desired success like others I failed. Because I wanted to be successful like others without understanding me. But I agree that if one succeeds it is only luck.
But for success we must understand or evaluate ourselves first and take initiatives and risks according to the plan. But yes the mindset and need to learn from failure will predictably fail again and again if not able to participate in the constructive process. Along with that communication skills should be present. If alternative measures are taken to deal with any problem with faith then I believe that in today's competitive world one can take risks in the workplace or career and move forward with success.


Title: Re: The benefits of risk taking
Post by: Yukyzu on April 09, 2024, 03:31:10 PM
taking risks without having a thorough plan is the same as gambling, because he doesn't know anything about the risks he is taking and what the results will be, whether they fail or succeed. that's the same as a fool, because he doesn't know anything and just takes risks just because it can give them the opportunity to make money.

smart people should plan everything from the start before they take a risk. they will think about plan a-z to succeed in taking the risk and what to do next if the plan fails. so that the risks taken do not have a significant impact on them.
That's right, if when taking risks we don't have good planning, of course only luck can determine the outcome of the risks we take and it is very unlikely that we will succeed because we didn't do any analysis before deciding to take the risk, but if we can analyze and making a plan, of course, this will have the hope that we will be successful in facing the risks we take to be able to provide satisfactory results.

When someone has a good understanding of the risks they face, of course they will make some plans regarding the risks they take so that it is very likely that they will be successful in the risks they take and will succeed in getting the target they want, even if they are not sure about the risks. of course they will not take it because they already know that they will not be able to have satisfactory results from the risks they take.


Title: Re: The benefits of risk taking
Post by: AicecreaME on April 09, 2024, 03:49:34 PM
Risking is all about change, whether the result is too far from what you were expecting or beyond what you were expecting, either way, you'll learn something from it.

People who don't want to risk something is afraid of growth, or maybe they are contented from what they have or who they are, while those people who's not afraid to take risk are seeking growth. They wanted to change themselves into a better one to have the life they wanted.

Don't get me wrong but there's nothing wrong if you're afraid to risk something or want to risk something in order to get something in return. We have our own perspective in life, so live the way you wanted it to be as long as you're happy.


Title: Re: The benefits of risk taking
Post by: CageMabok on April 09, 2024, 04:28:32 PM
The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.
Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.


Title: Re: The benefits of risk taking
Post by: MissNonFall9 on April 10, 2024, 09:00:40 AM
Risking is all about change, whether the result is too far from what you were expecting or beyond what you were expecting, either way, you'll learn something from it.

People who don't want to risk something is afraid of growth, or maybe they are contented from what they have or who they are, while those people who's not afraid to take risk are seeking growth. They wanted to change themselves into a better one to have the life they wanted.

Don't get me wrong but there's nothing wrong if you're afraid to risk something or want to risk something in order to get something in return. We have our own perspective in life, so live the way you wanted it to be as long as you're happy.
People who are used to a fixed pace of life and don't want to break free from a stagnant life and move forward with determination to succeed are simply unwilling to take risks. Their main problem here is that they focus only on the negative results but not on the positive results.
I don't think there is any reason to misunderstand you because when people think of positive results in return for their efforts those results will motivate them to take risks. So people should conduct themselves in the way they feel comfortable but must consider the risk of positive outcomes.


Title: Re: The benefits of risk taking
Post by: Sarah_Jannat42 on April 10, 2024, 09:24:36 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Yes indeed exposing oneself to danger through risk can also attract potential misfortune. Because of this people push away their potential or turn away from the possibility of development. But it is also an eternal truth that in today's competitive market there is no alternative to risk-taking to stay ahead of the curve. So what can be done? The answer can be through proper knowledge of risk management to assess the economic impact of potential loss in any matter or business and take appropriate steps to minimize the economic loss. So what we should do is first identify any potential sources of damage. Then the consequences of the loss caused by the risk should be carefully assessed. And finally the best system must be selected from among alternative systems to address the risk. Only then can we get the best results from risk.


Title: Re: The benefits of risk taking
Post by: Smack That Ace on April 10, 2024, 09:52:28 AM
The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.
Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.


But there are also types of risks that we need to avoid, not necessarily that we have to face all risks. If we are startups, we can obviously accept all risks, but when we have achieved certain achievements and successes, we need to manage risks as well as avoid unnecessary risks. Each stage of a startup will have different risks and challenges and we need to manage that well, we should not accept any challenges without research when we are in a better position.


Title: Re: The benefits of risk taking
Post by: LesterD on April 10, 2024, 12:25:36 PM
The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.
Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.


But there are also types of risks that we need to avoid, not necessarily that we have to face all risks. If we are startups, we can obviously accept all risks, but when we have achieved certain achievements and successes, we need to manage risks as well as avoid unnecessary risks. Each stage of a startup will have different risks and challenges and we need to manage that well, we should not accept any challenges without research when we are in a better position.
If you are smart and know when to face risk, that's exactly what you need to do. Facing all the risks does not mean we will have more rewards or the success that we are expecting to have. Being smart is needed to know when to face and avoid the risks that will come to our lives. Only face the risk if we know what we are doing and not to face the risk just because it suddenly comes in front of us.


Title: Re: The benefits of risk taking
Post by: Rockstarguy on April 10, 2024, 01:17:53 PM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.
Some people don't have the proper understanding of risk taking and they don't even plan before they take risk that is why after taking risk and it ends up bad they suffer for their actions. When taking risk it is important for one to reason very well and ask some questions what if this risk I'm about to take does not end up well. Taking risk is not a bad thing just that some people take risk in the way it can lead them into problem.

Bitcoin is risky and this is something that is well known but people still make mistakes taking bad risk to invest in it. Investing bitcoin with all the money one has is a bad investment planning and very risky. Bitcoin investment should be done with a spare money and the amount you can afford to lose,  doing this if anything happens it will be easy to let go.


Title: Re: The benefits of risk taking
Post by: slapper on April 10, 2024, 05:47:34 PM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.
I get your risk-taking perspective. It's tempting, the adrenaline rush of a big gamble. But you've already been burned. It was foolish to use emergency cash, take on debt, and lie to your family. You tampered with finances and trust. Thought investment funds would be different? Unfortunately, that's another gamble

I support measured risks, but "calculated" is very different from flying blind. You wish to start again and grow through work or company. Wonderful idea, but you're neglecting the emotional toll. Do you think you can ignore stress and relationship damage? This is part of the gamble, and ignoring it won't help

Though powerful, risk-taking doesn't ignore repercussions. It requires honesty with oneself and loved ones. Honoring your money and labor is key. You want to risk? Do right. Build knowledge and a safety net first. Chase the adrenaline surge with open eyes. The line between bold and stupid is way thinner than most folks think


Title: Re: The benefits of risk taking
Post by: Hamphser on April 10, 2024, 06:06:12 PM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.
Some people don't have the proper understanding of risk taking and they don't even plan before they take risk that is why after taking risk and it ends up bad they suffer for their actions. When taking risk it is important for one to reason very well and ask some questions what if this risk I'm about to take does not end up well. Taking risk is not a bad thing just that some people take risk in the way it can lead them into problem.

Bitcoin is risky and this is something that is well known but people still make mistakes taking bad risk to invest in it. Investing bitcoin with all the money one has is a bad investment planning and very risky. Bitcoin investment should be done with a spare money and the amount you can afford to lose,  doing this if anything happens it will be easy to let go.
And usually into those people who had immediately dive in into something without proper planning and understanding are the ones who are really just that focusing on how to make money. If they've seen someone
who do make some huge money or income or something like that then they would really be having that in mind that they are really be able to do the same without any problems. On the time that they would be having that kind of thing on their mind then they would really be loving on starting right away and this is really that very wrong approach but well this is where most people do have that kind of impression.
On the time that you would really be taking up some risks then it would be best that you do really know on what you are doing. Mistakes are normal but it would be better that you should really be
learning up things as much as possible.


Title: Re: The benefits of risk taking
Post by: Baki202 on April 10, 2024, 07:41:26 PM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.

taking risks comes with hope and when hope is in the picture, there is a chance of good things happening, If you have a target for big things, you don't need to go for less, and no matter what the risk comes with, it is not a problem, carrying people along with risk will only get your blames at the end of the day. I believe if you want to take a risk, then you should take it alone. If investing in something will yield something in the future, then I don't mind I will be ready to take that risk at all costs.

Nobody is always sure of what you will get in return from investing, but if you want to make money and want to be wealthy in the future, then you have nothing serious to worry about, you just have to make up your mind if the investment will be fruitful or not.

Some people don't have the proper understanding of risk taking and they don't even plan before they take risk that is why after taking risk and it ends up bad they suffer for their actions. When taking risk it is important for one to reason very well and ask some questions what if this risk I'm about to take does not end up well. Taking risk is not a bad thing just that some people take risk in the way it can lead them into problem.

Bitcoin is risky and this is something that is well known but people still make mistakes taking bad risk to invest in it. Investing bitcoin with all the money one has is a bad investment planning and very risky. Bitcoin investment should be done with a spare money and the amount you can afford to lose,  doing this if anything happens it will be easy to let go.
And if you do not have a plan or what to even invest in because you need to have what to invest in before you start making plans, or any careless moves, then your money is gone. There is nothing more painful than trying to make something work. If it does not work out and you still lose money in the process of making it work, then it will be an experience you will learn from. Know the kind of risk you are taking and make sure it is worth it. bitcoin is a risk but it now depends on what exactly you want to do, Because people are also looking for places to make a big profit so are I, but make sure you are taking the proper step.


Title: Re: The benefits of risk taking
Post by: Falconer on April 10, 2024, 08:33:34 PM
-snip-
Some people don't have the proper understanding of risk taking and they don't even plan before they take risk that is why after taking risk and it ends up bad they suffer for their actions. When taking risk it is important for one to reason very well and ask some questions what if this risk I'm about to take does not end up well. Taking risk is not a bad thing just that some people take risk in the way it can lead them into problem.

Bitcoin is risky and this is something that is well known but people still make mistakes taking bad risk to invest in it. Investing bitcoin with all the money one has is a bad investment planning and very risky. Bitcoin investment should be done with a spare money and the amount you can afford to lose,  doing this if anything happens it will be easy to let go.
Every decision related to money always has risks. They can make decisions, but of course they have to understand enough about good risk management. All this must be done with strategy, not ambition and of course this is advice worth considering.

Because this involves investment, obviously there is always risk. It's not just price volatility that you need to watch out for, but also other risks that of course exist. Risk management is very important in investing, it is even more important than planning.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on April 10, 2024, 09:32:42 PM

Some people don't have the proper understanding of risk taking and they don't even plan before they take risk that is why after taking risk and it ends up bad they suffer for their actions. When taking risk it is important for one to reason very well and ask some questions what if this risk I'm about to take does not end up well. Taking risk is not a bad thing just that some people take risk in the way it can lead them into problem.

Bitcoin is risky and this is something that is well known but people still make mistakes taking bad risk to invest in it. Investing bitcoin with all the money one has is a bad investment planning and very risky. Bitcoin investment should be done with a spare money and the amount you can afford to lose,  doing this if anything happens it will be easy to let go.
Every decision related to money always has risks. They can make decisions, but of course they have to understand enough about good risk management. All this must be done with strategy, not ambition and of course this is advice worth considering.

Because this involves investment, obviously there is always risk. It's not just price volatility that you need to watch out for, but also other risks that of course exist. Risk management is very important in investing, it is even more important than planning.

Exactly, in anything we do if it involves money then there will usually be a certain level of risk behind it especially when you do something that involves potential profits, and of course being rational can be a smart way to minimize the possibility of risk in terms of decision making, I will not say that you will never lose or experience losses but maybe by being rational then you will be able to understand the situation and you will also be able to consider from various sides that you will make as a basis for decision making.

Especially if we are talking about the world of investment which yes obviously you have also said something right which is that this activity always has a risk, and one of the reasons why risk management is far more important than planning or strategies to generate profits is because it is useless even if you have a way to generate profits if you have absolutely no recipe or formula as a precaution such as risk management then all the profits you have made will most likely be lost again due to losses, and simply put this is like you know how to climb but you don't know how to get down.


Title: Re: The benefits of risk taking
Post by: lizarder on April 11, 2024, 02:06:28 AM
Every decision related to money always has risks. They can make decisions, but of course they have to understand enough about good risk management. All this must be done with strategy, not ambition and of course this is advice worth considering.

Because this involves investment, obviously there is always risk. It's not just price volatility that you need to watch out for, but also other risks that of course exist. Risk management is very important in investing, it is even more important than planning.
You are right because otherwise people wouldn't call money a hot ball of fire, because if it was used incorrectly it would make everything more complicated. Any decision involving money will definitely involve risks because this is related to how people minimize risks. Without a strategy, money will not provide productive value because people don't know how to make a profit. Making any decision related to money must be done through careful, precise and strategic consideration.

When it comes to investing it might be much riskier because of the volatility of the asset, but if people take a chance on bitcoin and they understand how to do it properly then the risk is much smaller. More simply, it can be seen from the process of Bitcoin's initial emergence until now, its journey in the market regarding cycles, corrections and recovery.


Title: Re: The benefits of risk taking
Post by: Etranger on April 11, 2024, 07:06:04 AM
When it comes to investing it might be much riskier because of the volatility of the asset, but if people take a chance on bitcoin and they understand how to do it properly then the risk is much smaller. More simply, it can be seen from the process of Bitcoin's initial emergence until now, its journey in the market regarding cycles, corrections and recovery.

I would say that investing in bitcoin is already a proper investment which involves less risk. After all, bitcoin shows really high growth in a long term. Of course, you still have to make efforts to understand when to enter the position. But every entrance which is 20% lower then ATH would be considered a good one, because very few assets can give you more then 20% growth in terms of a couple of years.


Title: Re: The benefits of risk taking
Post by: Gaza13 on April 11, 2024, 08:09:15 AM
Risking is all about change, whether the result is too far from what you were expecting or beyond what you were expecting, either way, you'll learn something from it.

People who don't want to risk something is afraid of growth, or maybe they are contented from what they have or who they are, while those people who's not afraid to take risk are seeking growth. They wanted to change themselves into a better one to have the life they wanted.

Don't get me wrong but there's nothing wrong if you're afraid to risk something or want to risk something in order to get something in return. We have our own perspective in life, so live the way you wanted it to be as long as you're happy.
Maybe people who are afraid to take risks, those whose daily income is insufficient, want to try but think a thousand times what if they fail. 1 failure that comes to mind is incredible. Because it's not certain that they can try their business again. Maybe this is what they were afraid of when they tried it all this time. Unlike those who already earn a monthly income, they certainly dare to take risks to build their business. They already have income for daily life.

Whatever our life conditions, if we don't dare to take risks then our lives will not improve, I have been in a position in life where I have nothing, taking risks is not only for business, from the life experience I have had many times failed in finding a job. So one day I got a call to work, to reach a destination quite far from where I live, and I tried to come there and many people came there out of 1000 people who were qualified and only 50 people were accepted. Of the 50 people who were accepted my name was in it, if I didn't try to get there I would never know the results.




Title: Re: The benefits of risk taking
Post by: Mame89 on April 11, 2024, 08:47:45 AM
Maybe people who are afraid to take risks, those whose daily income is insufficient, want to try but think a thousand times what if they fail. 1 failure that comes to mind is incredible. Because it's not certain that they can try their business again. Maybe this is what they were afraid of when they tried it all this time. Unlike those who already earn a monthly income, they certainly dare to take risks to build their business. They already have income for daily life.

Whatever our life conditions, if we don't dare to take risks then our lives will not improve, I have been in a position in life where I have nothing, taking risks is not only for business, from the life experience I have had many times failed in finding a job. So one day I got a call to work, to reach a destination quite far from where I live, and I tried to come there and many people came there out of 1000 people who were qualified and only 50 people were accepted. Of the 50 people who were accepted my name was in it, if I didn't try to get there I would never know the results.
From the conclusion you convey, people who never dare to take risks will never be able to change their lives for the better. In business and work, we have to dare to get out of our comfort zone and taking risks is the right choice, but in taking risks we also have to be ready. You apply for a job out of 1000 people and only 50 people are accepted and you are one of them, you are really lucky, friend. This is because you work hard and dare to take risks.

Basically in living life, when you start is as important as when you end it. Not infrequently we sometimes have to start something that feels more difficult. So the fear of failure and uncertainty that we will always face makes us afraid to start. So don't let our worries about things that haven't happened yet influence our decision to move forward and move forward. We must have the courage to start and take risks, because only by taking risks will we go to a new place that will make us continue to develop so that whatever our goals can be achieved.


Title: Re: The benefits of risk taking
Post by: Mr. Magkaisa on April 11, 2024, 09:00:20 AM
In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.
Some people don't have the proper understanding of risk taking and they don't even plan before they take risk that is why after taking risk and it ends up bad they suffer for their actions. When taking risk it is important for one to reason very well and ask some questions what if this risk I'm about to take does not end up well. Taking risk is not a bad thing just that some people take risk in the way it can lead them into problem.

Bitcoin is risky and this is something that is well known but people still make mistakes taking bad risk to invest in it. Investing bitcoin with all the money one has is a bad investment planning and very risky. Bitcoin investment should be done with a spare money and the amount you can afford to lose,  doing this if anything happens it will be easy to let go.

       -   I agree with what you mentioned that taking risks is not a bad thing. Because if the gold is passed through the fire to know if it is pure gold, the same goes for entering
the business too, of course.

We can't just want to make money; we must also be ready to jump in and face the bad things we can face when we are in the actual operation of the business we will do in that field, right?
As they say, no pain, no gain.


Title: Re: The benefits of risk taking
Post by: KiaKia on April 11, 2024, 09:26:25 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

I ran away from business opportunities because I didn't want to be ruled over, I always want to be a boss of myself, many business ideas are not for me, I can't do them not because of how much I could lose but because they will change who I am.

To keep being me I have to make money in my own very way and mind you, all ways of making money come with risks and losses, so I just want to clarify the fact that not all those who run away from business opportunities did it because they are in fear of losses.

Bitcoin is risky but I so well understand it, and it also matches my way of living and who I am, I feel at home knowing about Bitcoin, and now I am planning to build a big mining business around Bitcoin because this is what I enjoy doing.


Title: Re: The benefits of risk taking
Post by: Albarq on April 11, 2024, 11:03:43 AM
In terms of business or  there is risk taking in life because we don't know what is in front of us. There are problems that must be solved. In taking risks, it depends on what we take. The risk is that with large capital efforts, the profit generated will be bigger, but the losses will be greater. So, on the contrary, the benefit is that we become more courageous in trying new things, sometimes it can be successful in the future, rather than if we don't try, it becomes wishful thinking in our minds.


Title: Re: The benefits of risk taking
Post by: AirtelBuzz on April 11, 2024, 11:40:05 AM
In the general sense when we use the word risk in relation to something we mean that there is a possibility of loss. And whenever we talk about risk in business, we mean financial loss. Maybe every business has this potential for financial loss. You know what I think, no business can be successful without risk. Every business, no matter what business you do, involves risk and has profit and loss. If you have the mental strength to face that risk then you can succeed in your business.

Like when you are selling or making a product you are thinking that if I make this product I might suffer a loss. You will never see success in your business if you avoid making that product thinking about losses. So we have to do business with the power to face risks in business and even do business with courage so that we can take our business to new horizons.


Title: Re: The benefits of risk taking
Post by: Falconer on April 11, 2024, 05:07:49 PM
-snip-
Exactly, in anything we do if it involves money then there will usually be a certain level of risk behind it especially when you do something that involves potential profits, and of course being rational can be a smart way to minimize the possibility of risk in terms of decision making, I will not say that you will never lose or experience losses but maybe by being rational then you will be able to understand the situation and you will also be able to consider from various sides that you will make as a basis for decision making.

Especially if we are talking about the world of investment which yes obviously you have also said something right which is that this activity always has a risk, and one of the reasons why risk management is far more important than planning or strategies to generate profits is because it is useless even if you have a way to generate profits if you have absolutely no recipe or formula as a precaution such as risk management then all the profits you have made will most likely be lost again due to losses, and simply put this is like you know how to climb but you don't know how to get down.
Yes of course. You understand my point well so far and that's the thing to pay attention to. The level of risk in each investment product is basically different. Investors must understand it well so that they are able to recognize, minimize and even prevent risks so as not to suffer unwanted losses. Sometimes this is easier said than done in practice, but increasing understanding and advancing skills must always be sought by anyone involved in the world of investment.

There is a lot of advice about investment risk management that is shared freely on the internet. They can study it carefully, but they can also learn through books and YouTube. As long as they are willing to learn, the knowledge remains regardless of where they want to learn it.


Title: Re: The benefits of risk taking
Post by: JoyMarsha on April 11, 2024, 10:31:01 PM
It is only a naive person will start up or join a business without knowing what they are in for "profits or loss"
Risk is entering into something that is not properly studied or Understood. A wise man will say it is better to take a calculated risk before starting up something.

Some people start up a business, project, and so on without knowing the necessary things that need to be studied and understood from the business. That makes it funny that some people didn't learn how to take a calculated risk before opening a business for themselves. Which makes them forget to weigh the risk of the kind of business they want to start whether it will favor them or not.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on April 11, 2024, 11:07:51 PM

Exactly, in anything we do if it involves money then there will usually be a certain level of risk behind it especially when you do something that involves potential profits, and of course being rational can be a smart way to minimize the possibility of risk in terms of decision making, I will not say that you will never lose or experience losses but maybe by being rational then you will be able to understand the situation and you will also be able to consider from various sides that you will make as a basis for decision making.

Especially if we are talking about the world of investment which yes obviously you have also said something right which is that this activity always has a risk, and one of the reasons why risk management is far more important than planning or strategies to generate profits is because it is useless even if you have a way to generate profits if you have absolutely no recipe or formula as a precaution such as risk management then all the profits you have made will most likely be lost again due to losses, and simply put this is like you know how to climb but you don't know how to get down.
Yes of course. You understand my point well so far and that's the thing to pay attention to. The level of risk in each investment product is basically different. Investors must understand it well so that they are able to recognize, minimize and even prevent risks so as not to suffer unwanted losses. Sometimes this is easier said than done in practice, but increasing understanding and advancing skills must always be sought by anyone involved in the world of investment.

There is a lot of advice about investment risk management that is shared freely on the internet. They can study it carefully, but they can also learn through books and YouTube. As long as they are willing to learn, the knowledge remains regardless of where they want to learn it.

Yes because I like to talk about precautionary measures, because if I can't give someone money then at least I can give them some advice to prevent or minimize the possibility of losing or losing money, in any case and not just in investment. It's because yes, just like the main context of our discussion where investing is a risky activity that even the level of risk is much higher than the profit opportunities if someone comes with the wrong understanding and method.

True, saying is always easier than practicing, but this is indeed the best recipe or formula that we can do to maintain engagement in the long run so that we do not end up like some investors who have failed, learning something is always better than nothing. Yes actually if for example someone has a strong intention and determination then surely they will also do it themselves, or that means if they are a beginner then they will definitely look for more information that they can learn from various sources that they can reach such as on the internet, as you said that there are already quite a lot of things that we can learn related to the world of investment on the internet for free which means you just have to "want to do it and have good consistency in learning it".


Title: Re: The benefits of risk taking
Post by: Churchillvv on April 12, 2024, 12:25:39 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Yes it's very good to take risk but it depends on what type of risk you're about to take it, is it a risk that is what it or not. A lot of people take unnecessary risk, like driving recklessly etc those kind of things are the unnecessary risk but spend 5 hours a day to practice something that you have learnt to become perfect is a necessary risk, there are so many necessary risk that one should always take especially when it comes to business and it's not every one that has the ability to run a business yet they're millions of people looking for who will invest on them or buy their thoughts.


Title: Re: The benefits of risk taking
Post by: BD Technical on April 12, 2024, 01:50:30 AM
If you are profitable or if you want to establish yourself in any sector, you cannot improve without risk.  In any case, you have to take risk because without risk there is no business, no organization, no investment, you have to take it.  You can achieve success only by taking risk, in that case you will have the possibility of losing with your risk and there will be profit and possibility but you have to take risk.  It is seen that if you invest in keep currency or if you trade you have to earn some profit or some.  You have to invest money it is normal without money you can never earn money in that case there are some free miking from which you can do it for free but they are not trustworthy.


Title: Re: The benefits of risk taking
Post by: Adams0001 on April 12, 2024, 11:36:16 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
If you don't take risks, you will never do anything good. one cannot live a happy life by working because the job gives a certain amount of salary but it requires a lot of hard work. which cannot offer you a very good life  So if you want to be rich and enjoy a comfortable life then you need to invest and earn a lot of money. and if you invest, there will be risk. and those who can take risks are successful in life and can live a luxurious life.

Most people don't take risk and they are successful, because not everything is risk, but when you are trying to do business or investment, you definitely need to take the risk to succeed because without the risk, you can't benefit from it and anything that they said people lose on it very well, you will notice that is the best place to get huge money, like people who are engaged in trading, you will see many people are losing funds from it and you will notice that when ever you cashout on trading he won't be small money because when you are lucky person,  when you just put huge fund and you win he won't be small profit you will get but he just needs patience. Anyone that likes taking risk you will notice that he have patience because without it you can't never take risks you will be scared to lose money on it.


Title: Re: The benefits of risk taking
Post by: passwordnow on April 12, 2024, 11:49:47 AM
If you are profitable or if you want to establish yourself in any sector, you cannot improve without risk.  In any case, you have to take risk because without risk there is no business, no organization, no investment, you have to take it. 
I agree, you can't gain a thing without taking a risk and if it's about business, investments or even in your career. There's no way that you'll gain the things you want from those if you're not going to take any risk. As for investing and business, it's obvious that it's about the money that you're going to use as capital together with your effort and time. While for your career and employment, there's a certain risk that you need to do like studying as you work or sacrificing your time for your family as you stay in your job.

You can achieve success only by taking risk, in that case you will have the possibility of losing with your risk and there will be profit and possibility but you have to take risk. 
While there can be some exception on this from the other people that they've become successful through luck. But those are rare cases and not likely going to happen to any of us. And even the Bitcoin investors that have known it too early, they're also risk takers and now they're enjoying the return of it. People might say that they're just lucky that they've got early to invest but at that time when they've known it, they can be skeptic and actually, a lot of people have been skeptic about investing in Bitcoin and they're one of the few that have taken that risk when everyone else is doubting.


Title: Re: The benefits of risk taking
Post by: lizarder on April 12, 2024, 01:57:06 PM
I would say that investing in bitcoin is already a proper investment which involves less risk. After all, bitcoin shows really high growth in a long term. Of course, you still have to make efforts to understand when to enter the position. But every entrance which is 20% lower then ATH would be considered a good one, because very few assets can give you more then 20% growth in terms of a couple of years. 
Basically investing in Bitcoin does not have a risk as long as people undergo the right investment. The problem is when people invest do not understand how so the risk arises not because of bitcoin itself but because of the lack of knowledge about how to make the right investment. Bitcoin has shown as one way to generate profits and it must be done in the right way because fluctuating assets will always have an uncertain impact on the market so people must understand the process of travel so as not to get losses.

Because of that power that makes people more confident in investing so that the use of money will be far more appropriate if placed in this investment. I see that there are many factors that make Bitcoin one of the best investments and before we have never found an investment similar to the return as shown by Bitcoin.


Title: Re: The benefits of risk taking
Post by: YUriy1991 on April 12, 2024, 02:11:29 PM
Every decision related to money always has risks. They can make decisions, but of course they have to understand enough about good risk management. All this must be done with strategy, not ambition and of course this is advice worth considering.

Because this involves investment, obviously there is always risk. It's not just price volatility that you need to watch out for, but also other risks that of course exist. Risk management is very important in investing, it is even more important than planning.

Of course. As you said above, If it is not considered first then what will happen is the birth of Physiological pressure if wrong in making decisions. Although everything depends on the point of view of each individual, but what is certain is that the continuation of the story is the decline in the value of the most absolute investment / loss even though the general assumption is a natural thing in the course of investment, but if the asset forecast continues it will be very noticeable.

One thing I want to say is that we will never be able to profit if we just look at the price drop without taking into account other big things like changes in the demand and supply of Bitcoin in the market, but I believe the growth prospects of Bitcoin are still quite promising from this point on.


Title: Re: The benefits of risk taking
Post by: Dewi Aries on April 12, 2024, 05:14:25 PM
If you are profitable or if you want to establish yourself in any sector, you cannot improve without risk.  In any case, you have to take risk because without risk there is no business, no organization, no investment, you have to take it.  You can achieve success only by taking risk, in that case you will have the possibility of losing with your risk and there will be profit and possibility but you have to take risk.  It is seen that if you invest in keep currency or if you trade you have to earn some profit or some.  You have to invest money it is normal without money you can never earn money in that case there are some free miking from which you can do it for free but they are not trustworthy.

Yes, it means that only by taking risks will a person be able to experience progress or development that will bring them closer to the goals they want to achieve such as success, there will be no success if you only dream, meaning that success will only be achieved if everything starts with action and courage in terms of taking risks and sacrificing something like time and maybe money as capital. But yes, it is a fact that even if you have the courage to take risks, there is still the possibility of loss but the opportunity for profit is also equally involved if all your decisions in taking risks go smoothly.

True, the scenario can be seen from investment which as you said that we will only be able to trade when we have money as capital in terms of taking risks, I understand that worries and anxiety will always be there but this is what you have to do if you really want to pursue your dreams, because we can see that it is not uncommon for people who have now managed to achieve success in the world of investment, meaning that they also went through the same process but their courage exceeded their worries because of an unusual belief and hard work.


Title: Re: The benefits of risk taking
Post by: ginsan on April 12, 2024, 06:48:29 PM
Every decision related to money always has risks. They can make decisions, but of course they have to understand enough about good risk management. All this must be done with strategy, not ambition and of course this is advice worth considering.

Because this involves investment, obviously there is always risk. It's not just price volatility that you need to watch out for, but also other risks that of course exist. Risk management is very important in investing, it is even more important than planning.

Of course. As you said above, If it is not considered first then what will happen is the birth of Physiological pressure if wrong in making decisions. Although everything depends on the point of view of each individual, but what is certain is that the continuation of the story is the decline in the value of the most absolute investment / loss even though the general assumption is a natural thing in the course of investment, but if the asset forecast continues it will be very noticeable.

One thing I want to say is that we will never be able to profit if we just look at the price drop without taking into account other big things like changes in the demand and supply of Bitcoin in the market, but I believe the growth prospects of Bitcoin are still quite promising from this point on.
I strongly agree that anything related to financial matters is risky, even in my personal opinion saving money in fiat form is also risky because there is inflation that continues to overshadow us every year, isn't it also going to reduce the value of the money we have and it is a crueler risk because we will not feel it.

In contrast to investing we can see the ups and downs of our money yes although indeed the risk is there and much greater because of the fluctuations that occur in prices, but that stigma you will see if in the short term but if you have a long-term mindset you will see that storing bitcoin is much safer and has a very decent return for each holder, therefore taking risks is a correct decision even though sometimes we lose we can still learn and learn why we are wrong in making decisions, all successful people start with risk taking at first.


Title: Re: The benefits of risk taking
Post by: pusaka on April 12, 2024, 06:49:07 PM
I would say that investing in bitcoin is already a proper investment which involves less risk. After all, bitcoin shows really high growth in a long term. Of course, you still have to make efforts to understand when to enter the position. But every entrance which is 20% lower then ATH would be considered a good one, because very few assets can give you more then 20% growth in terms of a couple of years. 
Basically investing in Bitcoin does not have a risk as long as people undergo the right investment. The problem is when people invest do not understand how so the risk arises not because of bitcoin itself but because of the lack of knowledge about how to make the right investment. Bitcoin has shown as one way to generate profits and it must be done in the right way because fluctuating assets will always have an uncertain impact on the market so people must understand the process of travel so as not to get losses.

Because of that power that makes people more confident in investing so that the use of money will be far more appropriate if placed in this investment. I see that there are many factors that make Bitcoin one of the best investments and before we have never found an investment similar to the return as shown by Bitcoin.
I won't say investing in Bitcoin is not risky at all, even though what you said actually I also agree as long as we can do the right thing based on knowledge and based on experience and skills. In investing in Bitcoin, we are only required to hold it for a long period of time, because that long period of time will give us maximum profits.
In fact, every time we take a step we are faced with a risk, but we can avoid this risk with knowledge. However, the problem is that some people are not patient enough to hold for a long time, especially those who are beginners in investing, they will always want to quickly take advantage. However, I still think it's normal if they are still beginners, as time goes by they will definitely understand what they have to do.


Title: Re: The benefits of risk taking
Post by: sokani on April 12, 2024, 08:30:52 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

A wise man once says that "anyone that's not taking risk is a risk to himself". No matter how good a business opportunity may seem and no matter the research and scrutiny carried out prior to investment, there's still the possibility of failure and that's where risk comes in. And anyone that's not willing to take risk may not be rich in life, as studies have it that the most successful people are risk takers.


Title: Re: The benefits of risk taking
Post by: lizarder on April 13, 2024, 11:51:10 AM
I won't say investing in Bitcoin is not risky at all, even though what you said actually I also agree as long as we can do the right thing based on knowledge and based on experience and skills. In investing in Bitcoin, we are only required to hold it for a long period of time, because that long period of time will give us maximum profits.
What risks will we get if someone understands the journey of bitcoin, doesn't bitcoin have a repeating cycle as we have seen so far. What makes Bitcoin risky to invest in is because person don't understand the cycle of Bitcoin's journey except for those who trade, so the risk will be much greater. If the investment is carried out for the long term then I can guarantee that there will be no risk for us as long as we don't panic and try to stay calm when the market experiences a decline.

In fact, every time we take a step we are faced with a risk, but we can avoid this risk with knowledge. However, the problem is that some people are not patient enough to hold for a long time, especially those who are beginners in investing, they will always want to quickly take advantage. However, I still think it's normal if they are still beginners, as time goes by they will definitely understand what they have to do.
This risk arises because person don't understand investment patterns, but not because of Bitcoin itself. Talking about risk means nothing more than how someone can control it and I saw how many person experienced the risk of loss due to panic when the price of bitcoin fell so sharply. The way to do this is to first study the process of bitcoin's journey, whether it is related to cycles or levels of correction or recovery and if person can understand this concept then I am sure there will be no losses when investing in bitcoin.


Title: Re: The benefits of risk taking
Post by: Jody.Drummer on April 13, 2024, 12:38:25 PM
I would say that investing in bitcoin is already a proper investment which involves less risk. After all, bitcoin shows really high growth in a long term. Of course, you still have to make efforts to understand when to enter the position. But every entrance which is 20% lower then ATH would be considered a good one, because very few assets can give you more then 20% growth in terms of a couple of years. 
Basically investing in Bitcoin does not have a risk as long as people undergo the right investment. The problem is when people invest do not understand how so the risk arises not because of bitcoin itself but because of the lack of knowledge about how to make the right investment. Bitcoin has shown as one way to generate profits and it must be done in the right way because fluctuating assets will always have an uncertain impact on the market so people must understand the process of travel so as not to get losses.

Because of that power that makes people more confident in investing so that the use of money will be far more appropriate if placed in this investment. I see that there are many factors that make Bitcoin one of the best investments and before we have never found an investment similar to the return as shown by Bitcoin.
I won't say investing in Bitcoin is not risky at all, even though what you said actually I also agree as long as we can do the right thing based on knowledge and based on experience and skills. In investing in Bitcoin, we are only required to hold it for a long period of time, because that long period of time will give us maximum profits.
In fact, every time we take a step we are faced with a risk, but we can avoid this risk with knowledge. However, the problem is that some people are not patient enough to hold for a long time, especially those who are beginners in investing, they will always want to quickly take advantage. However, I still think it's normal if they are still beginners, as time goes by they will definitely understand what they have to do.

However and whatever the type of investment, investment will always have its own risks, one of the reasons is because something that has the opportunity to profit will always have the possibility of loss, but if for example we do it correctly or don't violate something that is prohibited then perhaps Yes, the risk will not be too significant, and yes, it is true that Bitcoin investment requires a fair amount of patience, or what that means is that we are required to be patient because usually to get maximum profits we have to have long term planning, unless for example you have a large amount of money. very large, for example the equivalent of one bitcoin, so maybe you can invest in a fairly short period of time by buying in the lowest area and selling in the highest resistance area in your opinion. But for the most part it is always recommended to invest with an amount of money that we can afford, because large amounts are too risky and can create unusual stress and tension, therefore this is why we must have high patience for long-term planning. On the other hand, someone who cannot be patient is clear, as you said, that they are typical people who want to gain instant profits, and usually they will only make decisions that tend to lead them to losses.


Title: Re: The benefits of risk taking
Post by: Xcode7 on April 13, 2024, 03:14:56 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

A wise man once says that "anyone that's not taking risk is a risk to himself". No matter how good a business opportunity may seem and no matter the research and scrutiny carried out prior to investment, there's still the possibility of failure and that's where risk comes in. And anyone that's not willing to take risk may not be rich in life, as studies have it that the most successful people are risk takers.
However, it does not necessarily mean that risk taking in business can be taken without careful calculations or research first.
To be able to achieve success we have to take risks, there is no possibility of profit without risk but we also have to learn as much as possible to minimize risks, especially in a business or investment, it is very important to be able to minimize risks by studying first and doing research to that matter.


Title: Re: The benefits of risk taking
Post by: Fara Chan on April 13, 2024, 04:36:43 PM
However, it does not necessarily mean that risk taking in business can be taken without careful calculations or research first.
To be able to achieve success we have to take risks, there is no possibility of profit without risk but we also have to learn as much as possible to minimize risks, especially in a business or investment, it is very important to be able to minimize risks by studying first and doing research to that matter.
It is important to carry out risk research because this is what can make business people and investors feel brave in making the main steps when they want to start the job they want. Risk is not something that business people or investors should be afraid of because it is always there, but they just need a way to deal with it so that they are not defeated by this risk which can hinder the development of their own work. So everyone just needs to know and understand it well without having to be afraid of it.


Title: Re: The benefits of risk taking
Post by: wiss19 on April 14, 2024, 06:19:21 AM
If you are profitable or if you want to establish yourself in any sector, you cannot improve without risk.  In any case, you have to take risk because without risk there is no business, no organization, no investment, you have to take it.  You can achieve success only by taking risk, in that case you will have the possibility of losing with your risk and there will be profit and possibility but you have to take risk.  It is seen that if you invest in keep currency or if you trade you have to earn some profit or some.  You have to invest money it is normal without money you can never earn money in that case there are some free miking from which you can do it for free but they are not trustworthy.
There is nothing wrong with taking risks but one should make sure that they are taking calculated risks, which means that you should be sure that the amount of risk you are taking isn't higher than the reward you may get. Even when you are making investments in cryptocurrencies or starting a business, you should at least know that there is also a high possibility of you getting something out of your investment regardless the risks involved.

A lot of investors and people starting businesses don't do enough research before going in which is why they face extreme losses because their investments or businesses they start don't perform up to their expectations and they didn't evaluate the outcomes before making their investments which is a must for any investment or business.


Title: Re: The benefits of risk taking
Post by: lizarder on April 14, 2024, 07:36:41 AM
But for the most part it is always recommended to invest with an amount of money that we can afford, because large amounts are too risky and can create unusual stress and tension, therefore this is why we must have high patience for long-term planning. On the other hand, someone who cannot be patient is clear, as you said, that they are typical people who want to gain instant profits, and usually they will only make decisions that tend to lead them to losses.
Wherever we are, there will always be risks, especially if they are directly related to money, but we must be able to control them not leave them behind. Investments must be carried out according to the capital we have and people do not need to force investments excessively. If our financial level is unstable then we should find the best way to always be able to collect bitcoins slowly. The DCA strategy can be used to collect bitcoin because this method can be applied by anyone and this strategy has been proven to provide more value to anyone who carries it out.

Patience and greed must be well conditioned so that we do not experience setbacks in investing. Therefore, it is important to understand how to carry out investments correctly so that when making decisions you don't make mistakes. Taking risks in the right way will provide something more where we can make the right decisions when involved in investment.


Title: Re: The benefits of risk taking
Post by: Jody.Drummer on April 14, 2024, 12:38:30 PM
But for the most part it is always recommended to invest with an amount of money that we can afford, because large amounts are too risky and can create unusual stress and tension, therefore this is why we must have high patience for long-term planning. On the other hand, someone who cannot be patient is clear, as you said, that they are typical people who want to gain instant profits, and usually they will only make decisions that tend to lead them to losses.
Wherever we are, there will always be risks, especially if they are directly related to money, but we must be able to control them not leave them behind. Investments must be carried out according to the capital we have and people do not need to force investments excessively. If our financial level is unstable then we should find the best way to always be able to collect bitcoins slowly. The DCA strategy can be used to collect bitcoin because this method can be applied by anyone and this strategy has been proven to provide more value to anyone who carries it out.

Patience and greed must be well conditioned so that we do not experience setbacks in investing. Therefore, it is important to understand how to carry out investments correctly so that when making decisions you don't make mistakes. Taking risks in the right way will provide something more where we can make the right decisions when involved in investment.

Right, the first step is to identify our own financial situation where with that we will know whether our financial situation is feasible or not to get involved in the world of investment, it's simple if for example you feel that there is still money left over from shopping for basic monthly or weekly needs then yes you can allocate that money to investment, it's up to you wherever you want to invest your money and that generally might be like bitcoin. The first step of involvement always starts with having a plan, a qualified budget (no need to be big), having patience and consistency and then after that combine everything with the DCA strategy as you said which is where the strategy does make it easier for investors to get involved in investing regardless of whether you are rich or poor.

Because the point is when you do have money left over that is not used by the needs of life then yes you can get involved which on the other hand the DCA strategy is more specialized for those beginners, you can allocate money in a stagnant amount but must be consistent such as once a week or once a month.

Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.


Title: Re: The benefits of risk taking
Post by: Iroh on April 14, 2024, 03:39:56 PM
It is only a naive person will start up or join a business without knowing what they are in for "profits or loss"
Risk is entering into something that is not properly studied or Understood. A wise man will say it is better to take a calculated risk before starting up something.

Some people start up a business, project, and so on without knowing the necessary things that need to be studied and understood from the business. That makes it funny that some people didn't learn how to take a calculated risk before opening a business for themselves. Which makes them forget to weigh the risk of the kind of business they want to start whether it will favor them or not.

Risks is taking a chance knowing fully well of the looming possibility of failure. Starting a business or investing in a project without knowing or properly having a good understanding of what it entails is stupid. You’ll be merely throwing your money away.
A calculated risk on the other hand shows the risk taker is aware of the chances and possibilities of failure before he goes ahead to do whatever.

People starting out a small business without first knowing relevant information can be said to be taking risks that could bring certain failure.


Title: Re: The benefits of risk taking
Post by: Yaqs15 on April 14, 2024, 05:50:34 PM
In terms of business or  there is risk taking in life because we don't know what is in front of us. There are problems that must be solved. In taking risks, it depends on what we take. The risk is that with large capital efforts, the profit generated will be bigger, but the losses will be greater. So, on the contrary, the benefit is that we become more courageous in trying new things, sometimes it can be successful in the future, rather than if we don't try, it becomes wishful thinking in our minds.
  It is always say and is a believe of entrepreneurs that,  If you don't take risks, those who take it would hire you one day to work for them. Everything today is all about risks, Yes, many people are afraid of taking risks because of fear of failures.  And if you are afraid of failures, then, you are not ready to do anything in life. Because if your reason for not taking risk is fear of failures then, you are already failed. Because even the school that you go is risk taking, many people start these schools but will not graduate and the school fees paid will not be refunded again. you see?
  What do you have to say of that person who go to school with the aim of getting good job but at the end of the day, they were not able to get the job?
what about those that go to school but at long run died before graduating and no refund of their school fees paid?
time is wasted, money is wasted and goals were not achieved.


If you are profitable or if you want to establish yourself in any sector, you cannot improve without risk.  In any case, you have to take risk because without risk there is no business, no organization, no investment, you have to take it.  You can achieve success only by taking risk, in that case you will have the possibility of losing with your risk and there will be profit and possibility but you have to take risk.  It is seen that if you invest in keep currency or if you trade you have to earn some profit or some.  You have to invest money it is normal without money you can never earn money in that case there are some free miking from which you can do it for free but they are not trustworthy.
   No matter what you do, you must take risks.  No any investors, entrepreneurs or any successful business person that have not taken risk. Risk is something that one cannot do without. but If you are about to take it, be careful. There are certain factors that need to be considered before taking risk. Some of these factors are;
1. knowledge of what you want to take risk for; you don't just take risk like that, one should have knowledge of what kind of business he or she will invest in, if it's a business. Is it profitable? if yes then, what and what do you need to do to make it smooth.
2. How it works; you should not just take risk for taking sake. you need to find out about the operation of what you want to take risk for. How it's been operated.
3. Advantages and disadvantages; you need to consider the Ballance between the good and bad effect of the two sides Before taking risk.
4. patience and endurance; During the time, you must be patient and you must endure and bear the difficulty encountered in the process.
5. Confidence and belief; Have confidence in yourself in what you are doing and what you are taking risk for. Have believe that it will work and it will yield positive results at the end. then, trust your God in what ever happen.



Title: Re: The benefits of risk taking
Post by: junder on April 14, 2024, 08:23:35 PM
Risks is taking a chance knowing fully well of the looming possibility of failure. Starting a business or investing in a project without knowing or properly having a good understanding of what it entails is stupid. You’ll be merely throwing your money away.
A calculated risk on the other hand shows the risk taker is aware of the chances and possibilities of failure before he goes ahead to do whatever.

People starting out a small business without first knowing relevant information can be said to be taking risks that could bring certain failure.

If you think about it, everything has risks, including business and investment. It's true what you say, starting a business or investment without any knowledge and understanding will only put us in trouble or have the opportunity for big losses compared to the opportunities for profit. Even though sometimes we have to take risks, of course the most likely thing that will happen is failure or loss, so as much as possible we must be able to consider it well.

In my opinion, many people have failed with the small businesses they run and maybe that's because they don't have good knowledge and understanding. but we can note that every once in a while we have to be brave enough to take risks. and I think doing that will teach us a lesson that if we fail then we have to be able to evaluate it well. so that it doesn't happen again in the future.


Title: Re: The benefits of risk taking
Post by: GigaBit on April 15, 2024, 09:52:28 AM
Risk-taking has a deep connection with safety. No investment can ever be expected to make a profit without risk. However, the risk taker must be aware of the level of this risk to be less or more. There are many who want to expand their business or investment but are not willing to take the risk. Nothing good can ever be expected from them. There are several reasons why a person would be successful in taking risks.

A person can gain new ideas about anything by taking risks. Through this he can increase his creativity and skills. It also greatly assists in developing new skills of a person. Success usually lies in risk. Who takes that risk and overcomes will find success. It is important to remember that success is never found in the comfort zone.


Title: Re: The benefits of risk taking
Post by: Marvell1 on April 15, 2024, 10:19:41 AM
Risks is taking a chance knowing fully well of the looming possibility of failure. Starting a business or investing in a project without knowing or properly having a good understanding of what it entails is stupid. You’ll be merely throwing your money away.
A calculated risk on the other hand shows the risk taker is aware of the chances and possibilities of failure before he goes ahead to do whatever.

People starting out a small business without first knowing relevant information can be said to be taking risks that could bring certain failure.

If you think about it, everything has risks, including business and investment. It's true what you say, starting a business or investment without any knowledge and understanding will only put us in trouble or have the opportunity for big losses compared to the opportunities for profit. Even though sometimes we have to take risks, of course the most likely thing that will happen is failure or loss, so as much as possible we must be able to consider it well.

In my opinion, many people have failed with the small businesses they run and maybe that's because they don't have good knowledge and understanding. but we can note that every once in a while we have to be brave enough to take risks. and I think doing that will teach us a lesson that if we fail then we have to be able to evaluate it well. so that it doesn't happen again in the future.
Even if you have good knowledge and understanding of the field you are doing business in, there is no guarantee that you will be successful. 
Business needs many factors to be successful, not just knowledge and understanding to ensure success. Having knowledge will only help you increase your success rate higher than if you do not have knowledge, but there is no guarantee.

To be successful in business, the only thing to do is start with it, experience it yourself, and learn your own lessons. No one can help you succeed without any challenges and to do that, taking risks is what we need to do.


Title: Re: The benefits of risk taking
Post by: bestcoins1 on April 15, 2024, 10:21:08 AM
Risks is taking a chance knowing fully well of the looming possibility of failure. Starting a business or investing in a project without knowing or properly having a good understanding of what it entails is stupid. You’ll be merely throwing your money away.
A calculated risk on the other hand shows the risk taker is aware of the chances and possibilities of failure before he goes ahead to do whatever.

People starting out a small business without first knowing relevant information can be said to be taking risks that could bring certain failure.
When business people and investors want to do a job with the aim of getting more profits, of course the first consideration is risk. Why, because everyone knows how much risk can arise in a job, it will be easier for them to compare it with the level of profit they get. And when the level of profit can be greater or more balanced with the risks that can arise in the job, that's when business people and investors start to have the courage to carry out their work because they already know what the level of risk and profit is. So you need to know this because it is an important part when someone wants to make a profit.


Title: Re: The benefits of risk taking
Post by: junder on April 15, 2024, 10:59:43 AM
If you think about it, everything has risks, including business and investment. It's true what you say, starting a business or investment without any knowledge and understanding will only put us in trouble or have the opportunity for big losses compared to the opportunities for profit. Even though sometimes we have to take risks, of course the most likely thing that will happen is failure or loss, so as much as possible we must be able to consider it well.

In my opinion, many people have failed with the small businesses they run and maybe that's because they don't have good knowledge and understanding. but we can note that every once in a while we have to be brave enough to take risks. and I think doing that will teach us a lesson that if we fail then we have to be able to evaluate it well. so that it doesn't happen again in the future.
Even if you have good knowledge and understanding of the field you are doing business in, there is no guarantee that you will be successful. 
Business needs many factors to be successful, not just knowledge and understanding to ensure success. Having knowledge will only help you increase your success rate higher than if you do not have knowledge, but there is no guarantee.

To be successful in business, the only thing to do is start with it, experience it yourself, and learn your own lessons. No one can help you succeed without any challenges and to do that, taking risks is what we need to do.

Indeed, there is no guarantee that we can be successful even if we have knowledge or understanding of what we are struggling with, but in my opinion, success lies in people who are willing to struggle, and that must be accompanied by sufficient understanding and knowledge, at least by having knowledge and understanding. that could be more helpful than being completely empty. Moreover, I'm not saying that knowledge or understanding is the key to success, it's just that this is something that can help us to run our business better.

It's clear, if we really want to be successful, of course we have to start, because if we don't start then there won't be any success Therefore, starting a business with good understanding and knowledge can help even though there is no guarantee that it will be successful, but what you have to remember is, success lies in those who are willing to try and work hard. not those who just talk without any movement to move forward.


Title: Re: The benefits of risk taking
Post by: Winterfrost on April 15, 2024, 01:18:40 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
if you don't risk it, thier is no possibility you will ever make it. Life itself is a risk and the moment you factor our taking of risk out of your life, you you start drowning to the button of life. Every existing structure you find around you, be it business institute or whatever it is, they exist because the owner saw an opportunity that could fail but still tried it out after all.

Investing in Bitcoin is a risk and not investing is the bigger risk so you've got to choose your risky adventure and work through it. It you're expecting it to get easy, then you're obviously a big joker so you've got to put yourself all out, take the risk, give it your best short and even if you aren't able to achieve it the first time you tried, do it again and again and again until you're able to come out successful from the try.


Title: Re: The benefits of risk taking
Post by: hyudien on April 15, 2024, 02:04:48 PM
When business people and investors want to do a job with the aim of getting more profits, of course the first consideration is risk. Why, because everyone knows how much risk can arise in a job, it will be easier for them to compare it with the level of profit they get. And when the level of profit can be greater or more balanced with the risks that can arise in the job, that's when business people and investors start to have the courage to carry out their work because they already know what the level of risk and profit is. So you need to know this because it is an important part when someone wants to make a profit.
That's right, indeed, when they plan something that can actually generate more profits for their business, what they have to consider is the risk, because even though their business can already generate profits, of course they definitely want more profits, which sometimes has its own risks. with the big possibility that what will happen is failure, then clearly this needs to be considered carefully, don't just do it without considering it.
When they take actions such as taking risks and it succeeds in producing profits, I think it will feel very satisfying, because what we do can be successful in a positive way. Even though we fail, maybe we can learn lessons from what has happened.


Title: Re: The benefits of risk taking
Post by: topbitcoin on April 15, 2024, 04:33:55 PM
When business people and investors want to do a job with the aim of getting more profits, of course the first consideration is risk. Why, because everyone knows how much risk can arise in a job, it will be easier for them to compare it with the level of profit they get. And when the level of profit can be greater or more balanced with the risks that can arise in the job, that's when business people and investors start to have the courage to carry out their work because they already know what the level of risk and profit is. So you need to know this because it is an important part when someone wants to make a profit.
That's right, indeed, when they plan something that can actually generate more profits for their business, what they have to consider is the risk, because even though their business can already generate profits, of course they definitely want more profits, which sometimes has its own risks. with the big possibility that what will happen is failure, then clearly this needs to be considered carefully, don't just do it without considering it.
When they take actions such as taking risks and it succeeds in producing profits, I think it will feel very satisfying, because what we do can be successful in a positive way. Even though we fail, maybe we can learn lessons from what has happened.

When we are unwilling to take risks, we will miss the opportunity to achieve success. and a businessman must not only be able to create opportunities, but must also be able to take advantage of every opportunity that comes, no matter how small. However, it needs to be underlined that every decision taken has gone through careful consideration, and further analysis has been carried out regarding future prospects for what it will be like, profit or loss. Because if not, then that's not being brave enough to take risks, but rather being careless. Meanwhile, between being careless and being careless, there is not much difference.

And when we are really sure about the decision we have taken, don't focus too much on what the final result will be like, success or failure. However, focus on every step taken and effort made, because the process never betrays the results. Therefore, make the most of the process, so that the results obtained are quite satisfying. And even if you fail, failure is not the end of everything, and use this failure as a lesson and a stepping stone to achieve success.


Title: Re: The benefits of risk taking
Post by: lizarder on April 15, 2024, 06:35:50 PM
Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.


Title: Re: The benefits of risk taking
Post by: bitLeap on April 15, 2024, 07:32:28 PM
Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.


Title: Re: The benefits of risk taking
Post by: MiF on April 15, 2024, 09:06:08 PM
The benefit of risk taking is the experienced, if we take risk it means we don't really know the possible outcome of the decisions we made, and we don't really know if the decision can make us profit or can make us more down in our financial aspect. The only benefit we can get is the experienced we can use our experience in the future  to make more good or right decision to win or make more profit.


Title: Re: The benefits of risk taking
Post by: Hamphser on April 15, 2024, 09:10:38 PM
Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.

As long we are living on which even on the momen that you do reach up into the point that you are already successful but still its not something a solid reason for someone to stop on wishing for more
or simply they wont really be stopping there when it comes to goals and targets on which we know that this is something that will really be that normal for a human being to have that kind of mindset.
There's no such thing about contentment on this world on which as long you do able to make yourself see that there is something more better then you would really be thriving yourself
on achieving those despite of the condition that you do current have.

This is why there are people who are really that ends up on being greedy because of those kind of wishes that they do have in their mind. Its not bad to be ambitious but we know that
everything which is excess or too much would really be always that bad.


Title: Re: The benefits of risk taking
Post by: dunfida on April 15, 2024, 09:36:22 PM
Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.

As long we are living on which even on the momen that you do reach up into the point that you are already successful but still its not something a solid reason for someone to stop on wishing for more
or simply they wont really be stopping there when it comes to goals and targets on which we know that this is something that will really be that normal for a human being to have that kind of mindset.
There's no such thing about contentment on this world on which as long you do able to make yourself see that there is something more better then you would really be thriving yourself
on achieving those despite of the condition that you do current have.

This is why there are people who are really that ends up on being greedy because of those kind of wishes that they do have in their mind. Its not bad to be ambitious but we know that
everything which is excess or too much would really be always that bad.
As for asking for more despite on almost you do have everything which is really that a sign of greediness on which it would really be just that normal that you would really be having that kind of probability that you be making up some bad decisions just because you are aiming for something more. Why cant we just be that contented on what we do have?  Just like on what you have said that this is some form of greediness on which instead on making yourself on having that earning even more on which you might be able to experience that different outcome or condition on which it might be resulting into that frustration which might lead into desperation and once you do lost your track on following into your plans the it might be ending up on a disaster.


Title: Re: The benefits of risk taking
Post by: Patrol69 on April 16, 2024, 07:03:27 AM
We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.


Title: Re: The benefits of risk taking
Post by: Jody.Drummer on April 16, 2024, 04:26:09 PM
Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Yes of course, and sometimes people or investors are very likely to treat investing like gambling when they cannot ignore the greed aspect of it, which is actually clear that the market will not always be in our favor when we want to make a profit, and this is why an investor or perhaps a trader is required to have a plan and management that will tell them the boundaries of when is the best time to paddle and when to pull over, because the nature of the market will not always match the strategy that you have so when you apply greed then you are likely to apply strategy A in a market that is B which means it is not suitable and even cause losses.

True, I think self-control is already inseparable in some preparations that every investor or trader must have, because only this can minimize the possibility of loss, and on the other hand it is useless if for example you have a fairly accurate strategy but you do not have good risk management such as the ability to control and put limits at the right time then in the end all the profits you managed to get will be lost again, and this approach will only cause a lot of pressure and tension which usually makes investors even deeper into losses due to uncontrolled emotions due to expectations that do not match expectations and even cause losses.


Title: Re: The benefits of risk taking
Post by: MissNonFall9 on April 17, 2024, 04:59:36 PM
We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.
Everyone takes risks at some point in life in hopes of improving from the current situation or getting rid of an adverse environment. So the risk they take in life is definitely right from his point of view. Now we are talking about the success rate and accuracy rate depending on how much discretion one has. But the point is risk must be taken otherwise there will be no movement in life. There are two lines of life number one is the curved line which indicates speed or life and number two is the straight line which indicates status or death. So, there will be ups and downs in life, it is very natural, so without being afraid of any work, we must take risks in life based on correct information and data and make progress more dynamic.


Title: Re: The benefits of risk taking
Post by: stomachgrowls on April 17, 2024, 07:56:02 PM
We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.
Everyone takes risks at some point in life in hopes of improving from the current situation or getting rid of an adverse environment. So the risk they take in life is definitely right from his point of view. Now we are talking about the success rate and accuracy rate depending on how much discretion one has. But the point is risk must be taken otherwise there will be no movement in life. There are two lines of life number one is the curved line which indicates speed or life and number two is the straight line which indicates status or death. So, there will be ups and downs in life, it is very natural, so without being afraid of any work, we must take risks in life based on correct information and data and make progress more dynamic.
You would really be needing to put up some risks if you do really like to have some change or progress towards your life on which we know that even taking some investment or building up a business is something a risks that you would really needing to do for you to have that kind of chance but of course it would basing up on the risk level or tolerance that you could really be able to put up since not all would really be that good when it comes to this and would really be rather on making themselves be staying up on their comfort zone and wouldn't really be taking any risky move just because they cant really be able to handle it out but just like we do all know
that this is something that would really be on someones choice.

If you wont really be liking to have any changes or development into your life then you could just simply sit down and would do your usual thing or taking up some risks on doing something
just because you are really that tending to have that kind changes that you do have in mind?


Title: Re: The benefits of risk taking
Post by: Fiasem20 on April 17, 2024, 10:09:04 PM
Risking taking has numerous benefits,risk taking help us to be expert in our various fields.As an entrepreneur/businessman risk taking is an attribute that build a business.Experienced entrepreneurs learn from their losses as a result of the risk they took,it's like an eye opener.Risk taking motivates us to strive harder and learn from our mistakes,risks can also be reduced if only we make right decisions and learn from other experienced people in our various fields.


Title: Re: The benefits of risk taking
Post by: Onyeeze on April 17, 2024, 10:15:22 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
I want you to understand concerning taking risk any investment that we are in back of that investment is a risk so you will not know what to the Future of that investment will result out, that is why we have to agree that each or the business that we are into or the investment that we are into we are taking risk even the journey that will make that is also a reason because you are not sure of it someone who does not take a risk cannot to be rich because according to entrepreneurship state that you must be a risk taker before you can make it in life, I believe such Theory because if you don't take a risk there is no chance of you to accumulate what you have


Title: Re: The benefits of risk taking
Post by: OrangeII on April 18, 2024, 06:09:05 AM
Risking taking has numerous benefits,risk taking help us to be expert in our various fields.As an entrepreneur/businessman risk taking is an attribute that build a business.Experienced entrepreneurs learn from their losses as a result of the risk they took,it's like an eye opener.Risk taking motivates us to strive harder and learn from our mistakes,risks can also be reduced if only we make right decisions and learn from other experienced people in our various fields.
Well, taking risks does provide quite a lot of benefits, and that's good for business people. However, I do not recommend taking risks in excessive ranges. Too much of anything is not good, and even taking risks yourself is quite dangerous. Without any preparation, a person can get stressed or suffer from other mental illnesses if he fails. Therefore, taking risks will be very good with the range we can handle. I like to take risks, but it uses capital that I actually use for the business, and when that money runs out, it doesn't change my situation.


Title: Re: The benefits of risk taking
Post by: CageMabok on April 18, 2024, 07:01:41 AM
The benefit of risk taking is the experienced, if we take risk it means we don't really know the possible outcome of the decisions we made, and we don't really know if the decision can make us profit or can make us more down in our financial aspect. The only benefit we can get is the experienced we can use our experience in the future  to make more good or right decision to win or make more profit.
What needs to be understood by ourselves or everyone is that every time we want to benefit from something, of course we have to be brave enough to take risks, which must first be understood well by ourselves. Because profits will never come without effort and without the courage to make the decision to take risks after we ourselves find out through in-depth research. So even though we ourselves don't know when we will make a profit and there is no guarantee when we will get it, everyone has to go through a process such as making decisions for themselves in order to make a profit.


Title: Re: The benefits of risk taking
Post by: ancafe on April 18, 2024, 10:28:36 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Never take risks when we don't understand what we want to do because taking these risks will have a much bigger impact. The risk must be seen in how a person is able to control himself in making decisions in the financial sector, people must understand what they want to achieve. Because the process of achieving success is not as easy as the advice people give and there are many things that need to be learned so as not to cause problems in the future.

Some people think risks must be taken and for me these risks must be minimized because there are levels that may be difficult to resolve when problems arise. If it is related to money then what must be done is how someone can see the opportunities and risks that exist must be able to be controlled as small as possible. Get to know your own skills and how people can improve these skills before deciding to take a big risk.


Title: Re: The benefits of risk taking
Post by: lizarder on April 18, 2024, 01:14:30 PM
Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.
In the world of investment we have to understand the assets we invest in and fluctuating prices will give bad results if someone is too greedy to get a profit from the results of their investment. Pursuing something excessively will have a much greater risk impact, especially when it comes to crypto because we never know how the market will react. Everyone must have control in carrying out investments because if you do it excessively it will be difficult to control it and what happens is that they miss good moments, causing losses.

Investing is much worse when one does not understand how and greed will lead to much greater risks. Control yourself so that you don't get involved in investing excessively and greed will only speed up someone's loss of investment. It is important to create controls in investments so that people can minimize the risks resulting when the market is in bad conditions.


Title: Re: The benefits of risk taking
Post by: coinerer on April 18, 2024, 03:58:50 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Risk is everywhere so if you want to gain something you must take risk. If you take risk you will either lose or succeed there. If you are successful then you will grow a lot financially and if you lose you will suffer some loss  But if you don't take risk then your financial condition will not change. for this, if you want to do something good in life, taking risks is mandatory. If you don't take risk, you will remain poor all your life. there will be no chance of being rich and living a prosperous life


Title: Re: The benefits of risk taking
Post by: boty on April 18, 2024, 10:51:47 PM
The benefit of risk taking is the experienced, if we take risk it means we don't really know the possible outcome of the decisions we made, and we don't really know if the decision can make us profit or can make us more down in our financial aspect. The only benefit we can get is the experienced we can use our experience in the future  to make more good or right decision to win or make more profit.
Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.


Title: Re: The benefits of risk taking
Post by: Mrbluntzy on April 18, 2024, 11:11:57 PM
Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

I was reading through some topics and comments on this board because I wanted to learn something and I read one comment that thought me that it is very risky not to be aware of the risk accompanied in any investment or anything that the person wants to involve their self in. For example, when friends convince their fellow friend to join them in pushing hard drugs, when the new recruit doesn't know well the risk that is accompanied in pushing hard drugs, they can get court and imprisoned for the rest of their life.  It is riskier when you a person don't know and don't care about the risk they are getting themselves into.


Title: Re: The benefits of risk taking
Post by: Renampun on April 18, 2024, 11:45:09 PM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

risk is part of a process, but one thing is certain, taking risks without proper preparation is just gambling, so don't take risks carelessly, you have to be careful too.

I also read a lot about great entrepreneurs who are currently successful, they are risk takers who are not afraid, for example Elon Musk, when he bought Twitter, he borrowed a large amount of money from the bank, that is a small example of taking risks.

As long as you have good calculations, supporting skills and full confidence then don't hesitate to take risks, the CEO of Virgin Airlines also once said "learn as you go"


Title: Re: The benefits of risk taking
Post by: ancafe on April 19, 2024, 07:51:58 AM
risk is part of a process, but one thing is certain, taking risks without proper preparation is just gambling, so don't take risks carelessly, you have to be careful too.
I believe risk is a way for someone to achieve success, but they must consider minimizing risk. If not, as you said, they are the same as gambling because they don't have a picture of decision making.

As long as you have good calculations, supporting skills and full confidence then don't hesitate to take risks, the CEO of Virgin Airlines also once said "learn as you go"
It is important to have good calculations and most importantly we must master what we want to do. Once we understand many things, it will be much easier to decide on things to develop business or invest. People's mistakes are sometimes they ignore the process because they think too much about the final result, even though if they don't go through the process then don't ever hope that there will be much better results.


Title: Re: The benefits of risk taking
Post by: milewilda on April 19, 2024, 10:14:42 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

risk is part of a process, but one thing is certain, taking risks without proper preparation is just gambling, so don't take risks carelessly, you have to be careful too.

I also read a lot about great entrepreneurs who are currently successful, they are risk takers who are not afraid, for example Elon Musk, when he bought Twitter, he borrowed a large amount of money from the bank, that is a small example of taking risks.

As long as you have good calculations, supporting skills and full confidence then don't hesitate to take risks, the CEO of Virgin Airlines also once said "learn as you go"
When risking then you would really be needing that proper research and preparation on which on the thing you do said that taking up risks without proper preparation is really just that gambling
this is why this isnt really just that simple to say about risking out something because there would really be those considerations which you would really be needing to focus on.
Just like on other successful people on where those people did really passed through tons of challenges in life before they do able to reach out the pinnacle of success on which  this isnt
something that could really be attained without hard work.

This is why if you do really want to have that kind of achievement then you would really be needing up to consider on taking up some risks and this isnt something that you
would really be needing up to neglect even with the most basic stuff.


Title: Re: The benefits of risk taking
Post by: gunhell16 on April 19, 2024, 11:39:38 AM
Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

I was reading through some topics and comments on this board because I wanted to learn something and I read one comment that thought me that it is very risky not to be aware of the risk accompanied in any investment or anything that the person wants to involve their self in. For example, when friends convince their fellow friend to join them in pushing hard drugs, when the new recruit doesn't know well the risk that is accompanied in pushing hard drugs, they can get court and imprisoned for the rest of their life.  It is riskier when you a person don't know and don't care about the risk they are getting themselves into.

That's why it's important for one factor: you should know the word risk management and also financial management. I've read it many times, and it's also true what others are teaching and reminding here on this forum platform.

That being said, how can you experience business income if you don't invest in the business you want? which is really right.


Title: Re: The benefits of risk taking
Post by: MissNonFall9 on April 19, 2024, 05:20:21 PM
We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.
Everyone takes risks at some point in life in hopes of improving from the current situation or getting rid of an adverse environment. So the risk they take in life is definitely right from his point of view. Now we are talking about the success rate and accuracy rate depending on how much discretion one has. But the point is risk must be taken otherwise there will be no movement in life. There are two lines of life number one is the curved line which indicates speed or life and number two is the straight line which indicates status or death. So, there will be ups and downs in life, it is very natural, so without being afraid of any work, we must take risks in life based on correct information and data and make progress more dynamic.
You would really be needing to put up some risks if you do really like to have some change or progress towards your life on which we know that even taking some investment or building up a business is something a risks that you would really needing to do for you to have that kind of chance but of course it would basing up on the risk level or tolerance that you could really be able to put up since not all would really be that good when it comes to this and would really be rather on making themselves be staying up on their comfort zone and wouldn't really be taking any risky move just because they cant really be able to handle it out but just like we do all know
that this is something that would really be on someones choice.

If you wont really be liking to have any changes or development into your life then you could just simply sit down and would do your usual thing or taking up some risks on doing something
just because you are really that tending to have that kind changes that you do have in mind?
Some people in the world are wired to take risks from birth. Without them, they are constantly striving or working hard for development in this life world or to express their strengths in the current competitive world market.Which clears the way for them to be thoughtful and visionary and have the courage to step into the unknown. So while a man is trying to avoid his risks to lead a carefree life then we should overcome the fear with determination and thrive on taking risks in life in the light of hard work and experience. But in this case there should be a desire to do the work in a smart way by reducing the risk.


Title: Re: The benefits of risk taking
Post by: junder on April 19, 2024, 08:00:04 PM
Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

Taking risky actions is an option that must be considered first, indeed the results cannot be accurately ascertained, it's just that considering them must be done, because no one wants to lose when they take risky actions. If it can be considered first then we have to consider it as best as possible, don't think of it as something to do carelessly and then hope for luck, that's not true.

The results of taking risks have advantages and disadvantages, but that doesn't mean we don't have to consider them first. Of course, we have to consider it first so that undesirable things don't happen, such as losses. Also in my opinion, even if taking this risk results in something that is not good or less profitable then I think there is a positive side, a brave step to try to move forward, and can learn lessons from what has happened.


Title: Re: The benefits of risk taking
Post by: dezoel on April 23, 2024, 10:59:10 AM
There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.


Title: Re: The benefits of risk taking
Post by: Uruhara on April 23, 2024, 01:41:28 PM
There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.
But what is unique is that humans are always attracted by great potential even though they have to take bigger risks. This is what makes many beginners end up always being carried away by FOMO just because they want to follow the success shown by an influencer.
And what is clear is that this happens because they do not understand good risk management. And they just acted without making any preparations first.
But I also won't blame those who are good at exploiting the potential that exists in objects that have high risks. But what we have to remind them is that we can't always depend on luck alone, but we also have to make luck itself closer to us by adding insight and always acting according to what we understand and always taking risks that we can afford.


Title: Re: The benefits of risk taking
Post by: $crypto$ on April 23, 2024, 03:13:06 PM
There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.
But what is unique is that humans are always attracted by great potential even though they have to take bigger risks. This is what makes many beginners end up always being carried away by FOMO just because they want to follow the success shown by an influencer.
And what is clear is that this happens because they do not understand good risk management. And they just acted without making any preparations first.
But I also won't blame those who are good at exploiting the potential that exists in objects that have high risks. But what we have to remind them is that we can't always depend on luck alone, but we also have to make luck itself closer to us by adding insight and always acting according to what we understand and always taking risks that we can afford.
It is very natural for someone to become interested and take high risks when they see other people getting big profits from what they do. Because in my opinion, the feeling of wanting to have the same fate as other people is a characteristic that is natural for us as humans.

But the question is whether we can control it or not. If we can control it then we will think that what other people experience might be different from us, whereas if we don't control it then we will think that we will be able to feel what they feel from the benefits they receive.

There's nothing actually wrong with that, as long as we use it as motivation, not as a basis for us to do something without a clear reason.


Title: Re: The benefits of risk taking
Post by: Fatunad on April 23, 2024, 08:57:10 PM
There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.
But what is unique is that humans are always attracted by great potential even though they have to take bigger risks. This is what makes many beginners end up always being carried away by FOMO just because they want to follow the success shown by an influencer.
And what is clear is that this happens because they do not understand good risk management. And they just acted without making any preparations first.
But I also won't blame those who are good at exploiting the potential that exists in objects that have high risks. But what we have to remind them is that we can't always depend on luck alone, but we also have to make luck itself closer to us by adding insight and always acting according to what we understand and always taking risks that we can afford.
It is very natural for someone to become interested and take high risks when they see other people getting big profits from what they do. Because in my opinion, the feeling of wanting to have the same fate as other people is a characteristic that is natural for us as humans.

But the question is whether we can control it or not. If we can control it then we will think that what other people experience might be different from us, whereas if we don't control it then we will think that we will be able to feel what they feel from the benefits they receive.

There's nothing actually wrong with that, as long as we use it as motivation, not as a basis for us to do something without a clear reason.
Once you do saw someone who do able to get those kind of earning opportunity then it would rally be giving out that kind of interest or boost just like on what other people said above.
On the time that you do make yourself that interested then this is something that will really be making you that engaged into it but of course not all would really be that thinking about on the risks involved into it
until they would really be able to experience those loses on which this would really be making out those kind of realizations on which this is something inevitable.
You would really be needing to take up some risks if you do really have plans on making yourself that having that progression in life.

If you are someone who doesnt really like on losing money then you would really be just that sitting still and waiting for nothing in compared into those who are taking up some
risks on which does have the chance on making themselves be progressive.


Title: Re: The benefits of risk taking
Post by: Ojinga on April 24, 2024, 12:09:34 PM
Their is something they use to say, without taking risk things won't turn around for good. The benefit of risk taking it's for your own good that's why it's called risk because it might work for you it might not work, look at the billionaires now if you go down to there history they took risk before they get to where they are now but most people are scared. A wish man once said that getting to the top is not the issue -but maintaining your position at the top is the challenge so risk it's something that you should decide on.

For everything that makes you great, there is a price and risk to be paid. There's nobody, no matter the person, who has ever take the risk and regretted it. Many want the change, but only a few are willing to take the risk. Some wants to start a business but first they'll decide to ask someone who is already doing the same business and the person start talking about the risk in it, at that moment you start having some scary thoughts over the business. Which is bad, whatever you want to do always put it in back of your mind that there's risk in every thing you do as a business. Some decisions we take today might come up but first take risk over it because taking a risk it's the opposite name of gambling 😔. You might win or you lose but first take the risk and live the rest for God.


Title: Re: The benefits of risk taking
Post by: Wakate on April 25, 2024, 09:40:35 PM
Risks are measures being undertaking to achieve a goal but with a potential of loosing valuables along the lines.
Risks are indeed Worth taking but must be on the concepts that it'd profit is such as the business entrepreneurs, scientists, technologists, arts and lot of them which would either profer and individual income or be of soluable to the society.
Without risk taking we're probably not going to meet with the goal of our dreams neither might we be able to reach a greater height.
Just like op has explained, we need to take some certain risks so that we can make money for whatever thing we are doing. We need to take risk for us to become successful in whatever field that we are. I could remember a friend that took the risks to invest in presale and it was quite fortunate for him to make lots of money from it because he was ready to take the risk that looks like a difficult thing to others. Those who are ready to take risk in the market are the ones that we keep making money because of we keep our funds and decide not to invest because we are afraid of the market, our funds would still be intact and we are not going to make any money.


Title: Re: The benefits of risk taking
Post by: Wakate on April 25, 2024, 09:42:39 PM
Risks are measures being undertaking to achieve a goal but with a potential of loosing valuables along the lines.
Risks are indeed Worth taking but must be on the concepts that it'd profit is such as the business entrepreneurs, scientists, technologists, arts and lot of them which would either profer and individual income or be of soluable to the society.
Without risk taking we're probably not going to meet with the goal of our dreams neither might we be able to reach a greater height.
Just like op has explained, we need to take some certain risks so that we can make money for whatever thing we are doing. We need to take risk for us to become successful in whatever field that we are. I could remember a friend that took the risks to invest in presale and it was quite fortunate for him to make lots of money from it because he was ready to take the risk that looks like a difficult thing to others.
Those who are ready to take risk in the market are the ones that we keep making money because of we keep our funds and decide not to invest because we are afraid of the market, our funds would still be intact and we are not going to make any money.


Title: Re: The benefits of risk taking
Post by: JMBitcointernational on May 14, 2024, 02:49:33 AM
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
Risk is very vast in scope and it is seen in every aspect of human endeavour, risk at the name implies is a chance loss, a combination of hazard and the possibility of unfavourable events occurring . In life risk is inevitable especially when it comes to business and investment . There are possible  measures to take to take and control its impact in our life because there’s virtually no business that exist without risk and that’s how we should look at the control measures and take it very carefully and threat it with utmost importance.

There are so many benefits of risk taking , such as bringing you closer to good opportunities, creating forum for you to exploit more opportunities, it makes you gain access to higher investment chances , however avoidance is not the best way to manage risk because it will limit you from several opportunities. And note that  in business the higher the risk , the more the outcome and that is to say that for someone to grow in business he or she has to take reasonable risks and there is no business that survive without risk .


Title: Re: The benefits of risk taking
Post by: OrangeII on May 14, 2024, 04:51:27 AM
There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.
Most people misunderstand what taking risks means. Sometimes, they really put themselves at great risk that they can't even handle. Many of them see other people's success, then take the risk by selling their assets to follow in that person's footsteps, or they want to take the risk to become rich instantly. However, there is nothing wrong with taking risks, but there are many things to consider, especially if it really affects us and the people around us.


Title: Re: The benefits of risk taking
Post by: Jewan420 on May 14, 2024, 06:07:32 AM
A prerequisite for success is the ability to take risks. An entrepreneur must take risks if he wants to succeed. Risk is the road that has a high probability of danger but after the danger there is something good that will change your life. I would say to those who are strong minded they should definitely take risk then they will learn a lot in life. It will teach you many things in life which will give you experience in decision making.


Title: Re: The benefits of risk taking
Post by: Mr.sprin on May 14, 2024, 06:25:57 AM
A prerequisite for success is the ability to take risks. An entrepreneur must take risks if he wants to succeed. Risk is the road that has a high probability of danger but after the danger there is something good that will change your life. I would say to those who are strong minded they should definitely take risk then they will learn a lot in life. It will teach you many things in life which will give you experience in decision making.

Every job has its own risks, we have to take those risks, every risk we take has its own consequences, both profit and loss, it has become our risk that we have to take in every job, that risk also makes us become more independent in taking action, don't let the action we take make us have to accept bitter risks, every action we take, even though it is risky, is what makes us stronger to face all the problems that will arise in the future.