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Some individuals make financial decisions they call risk, But in reality its just wastage of money. Some of us here have been in such situation even if you didnt really notice.

Alot of individuals today are striving to be successful, and are ready to take some risks to become what they want, and yes the risk is a must if one wants to be successful,  but there is a critical distinction between intelligent, pure risk ( A risk worth it) and recklessness (wastage of money) . Yes they sounds totally different but trust me they are actually a fine line. You need to know their differences so you dont end up making big finacal mistakes that can ruin your life.

Some individuals sinks their life savings into an idea or merket that hasn't been carefully studied and concluded, this happens not because your sure that the risk will be productive, but because you see it as an opportunity you really dont want to miss, having imagination that it is capable of making you rich or can give good rewards apart from making you rich. This is common in Forex but thats not the point here, this is a general situation in all aspects of life investments, Friend's idea, Businesses etc. that we should fix.
When such mistakes are made and money is lost one might say "well its a risk i took". This mindset is not just wrong it's destructive. True risk in the world of investments, decisions, business etc. Is qualified as a results of calculated exposure, research, diligence, understanding what you stand to loose, proper education of what you are risking for, it is strategic and not an experiment, money is hard to find why will you use it for experiments, do you gamble or you invest? If you gamble then you can entertain a little amount of money that is very affordable.

There are risks that show good potentials for productivity, and there are some that are just that looks good and you want to try out with your hard earned money.what you have to understand is that its not about being brave its about the right education, some risk can drain you totally and you will not have any thing to show, while some show results even if its not immediately, the deference between these two is proper education.
Before you commit a capital you must understand the market nature of the business, you must have proper education of how the business is, make researches, and know your capability very important, know if you will be able to handle the business emotionaly and otherwise.

True risk is taken after you have done good homework and you now have good understanding of the success rate and the failure rate of what your risking for, and if the failure rate is higher then it is wise to just save your money my friend
Jumping into investment and businesses blindly is not the way to success its waste of money that can lead you going broke without any thing to show.

Don't use money in wgat you dont have proper knowledge for even if it is productive get enough knowledge first before you start investing your money, we can't be loosing money carelessly in hard times like this.  Some times folding your hands will save you alot.

I like the advice that you have given, like

• Don't invest in things you don't understand
• Avoid using hard-earned money for experiments

In a way, these points give a summary of what you have posted.

I believe that you need to know and assess investments, and if it fits your suit, then it's okay. This would vary with different people but there are people who are okay with it depending on their risk apetite. For sure there are tools to make things easier.

This is where it becomes important to be able to assess risks and weigh them. Some people say they are a risk taker and they say that like it is a good thing but you would see that the risks they take rarely pay off. So why brag being a risk taker when you can't identify which risks are worth taking and which ones are simply not worth your time and resources?

An example of what some people call business risk is Ponzi schemes. When you sit down and do a financial analysis of how a business will promise investors 50%, it's just not possible. But people feel that investing in these get-rich-quick schemes is a risk worth taking. I know many people who have lost money on these schemes several times, yet they have not learned their lessons because they think they are taking business risks. They will tell you, "No risk, no gain". When you do a simple investigation of what people call risk, it will be clear that it's just stupidity.    

Of course some people will never learn in things like ponzi scheme shit because they are just filed with greed, when people feel that they can quickly make the amount that took some other persons time and smart work to make, ordinarily we should know what could be in the mind of such individuals, is either they are brainwashed again and again because that's one of reason they wouldn't learn from their previous shit or they think that by trying the shit they do all the time, they might one day hit it huge but why can they even sit down and gave a second thought that, the ponzi shit is created by fraudsters that go about building website thereby making it real to defraud people, I see anyone that does ponzi scheme more than twice as a foolish person, such person will never learn.

It becomes very important to take calculated risks which is based on proper research and feasibility studies, there's a fine line between taking calculated risks and carelessness. Before money is committed, you've to be sure you've done your consultation from practicing professionals in the chosen field couple of times and be able to weigh in the possibilities of success in your investment vehicle and if it's what you can follow up with passion based on the requirements.

It's important to note that different things works for different people and it's important you put into consideration your personality and preferences and success requirements for any business and be sure it aligns before investing in the venture so you can have a higher chance at success.

Hi, my friend, it's also nice to read your study, although it's a bit lengthy, but it's also useful. Good. By the way, I'll try to add some of the excerpts I quoted from your presentation above, namely the two paragraphs above. It's quite interesting, but I see a simpler solution if we're in this situation. The first solution is to use the 50/30/20 rule of dividing our fixed funds, for example, if we have a fixed salary.

For now, it's best to choose safer, deflation-resistant investments. Prioritize gold or BTC. A third option is to buy government securities via a bank app if available on your phone. If we want to invest or trade in altcoins, as you mentioned above, conduct your own research to avoid making mistakes. An additional tip is to always monitor current economic trends from various perspectives as a filter. Your most touching message is that we all certainly don't want to lose money carelessly in difficult times like these.

Many people believes that things they don't understand is what they should risk their money into. Based on my perspectives I really think that risks should be taken on things which we understand very well but at same time might be difficult to make money from. Not in things which has a high risk and you don't also understand it. Risk should be calculated and as a matter of fact, you must not jump into taking risk because many of them doesn't work taken. Doing more research and getting more information is very important in any investment.

Correct it will be a big mistake to invest in something you don't understand, you can't be successful at what you don't know, some people employ expert in a certain field of investment to help them invest, if you don't have good knowledge of that thing then even those you employed will be the first to scam you .

But your second point, I think if you have a good knowledge of what you want to do and you have prepared yourself properly for it then I would not call it experiment.

That is a dented mindset for that person to have, seeing new things and giving a chance to no if is something tomorrow will value is entrepreneur but not by saying and neglecting very meaningful business and investment that has a length of popularity that wouldn't need to give you a doubt on the success because of how sure is going to be form him and they have to decline because they only believe in risking into those ones there understand doesn't comprehend. You are right, the investment you are familiar gives a relaxing mind even when there is non profit seen from the start because you no it will definitely be fruitful.

What I know if someone make a complete plan from the beginning to end, they won't start their business and other people might jump it first which ended successful.

I don't see it's a bad thing for someone to jump into something they don't even know about it, some people like to learn from doing instead of "study" the theory, theory is just a bullshit for them.

Some people success, some are survive and some are failed.

Obviously, you can't make an investment in something you know nothing about and say that you took a risk, because that's not only a risk, but it's a blind risk. When you know what you are doing and know everything about it, but you also know that there is a risk in the investment, and you still do it because you have thought everything out properly, then that's called a calculated risk, and that's what people should do.

If someone decides to make some investments in cryptocurrencies, but they don't do any research, gather any information, and they blindly buy and keep some altcoins, maybe even meme coins, and hope that they will go up in value and they will get some profits on them, then they have taken a blind risk because they have no idea about what they have invested their money in. However, if they do some research and find cryptocurrencies like Bitcoin, which have lower risk compared to others, and invest in it knowing that they won't lose money if they invest in it, that's a calculated risk.

In businesses, when someone starts a business, they have done their homework about, it means they are taking a calculated risk, but if they get into a business only because they have heard that the business is generally good, they are taking a blind risk.

While the goal of your post is admirable, I think you've given a pretty poor explanation and that's because you think risk is a clear cut line instead of something that is often quite fuzzy or unknown. You do say to research a business thoroughly, which is good advice, but often the best investments are in new areas. Picture the latest fad product that's being sold, a while ago it was fidget spinners - if you were one of the first to realize how big it would become, you might have made a lot of money by investing wisely in it, but for each of these fads that explode another ten fail - there is no certainty like you suggest.

Having full idea about a business never guarantee success or even stops the unexpected failure but only Makes probability of success a bit certain. Some that appeared successful in any business line may be inexperienced on it but where favoured to come out victoriously on it while other's that failed are experienced but ran out of luck, therefore success is never achieved by experience but luck although at times experience plays a  vital role is success but never guarantee 100 percent success.

What sort of believe is this? This is a very poor mentality. It means they are trusting on blind faith instead of trying to understand what they are entering into.

Risk should be calculated, at least one should understand what they want to risk their money into because there is still a mixture of doubt. There is nothing wrong to be open to new ideas, investment opportunities and so on but before having a conviction there must be a research done since money is at stake.

Proper risk management is the key, and it will only be possible if you know well your investment or future endeavor. That's why one should invest on your own self first and make oneself knowledgeable and productive, before taking such risks that can be good or bring you into losses. Risks are part of any investment or trading career, so learn to deal on it the most educative and skillful way, not as a gambler's way. You take risk and expect a desirable outcome, so know and study the risk well prior to taking the said risk so that success will be highly possible and losses will be avoidable.

The good thing is, everything that is hard for you and become risky, it can definitely be learned in time. This is why you have to make good assessments if that kind of risk is manageable, and if taking it could result into a profitable outcome. Because where there are no risks, no gains, but reality is, if you are not good and well inclined enough to take the risk, you will never profitable in the long run.

It's good to take some risk, but always chose what risk to take. Know your battles and study it first, so that it will result on a favorable outcome.

Some people are just desperate to make money and are still too lazy to do the research needed to gain knowledge about what they are getting into; they just jump in and think it is just risk. Going into something you don’t know is not taking a risk; it is just ignorance, all in the name of making quick money.

What is considered a risk is something you understand, and you are aware that the chances of making a gain are about some percentage sure, not something you know nothing about, just trying it out because others are trying it or because someone convinced you to do it.

The whole point of a valuable post is that you can't invest in something you don't understand. After you have thoroughly expanded your knowledge, if you feel that it will definitely bring something positive for you, then you can choose it as an investment. For example, if you want to invest in gambling, if you apply your knowledge well, you will see that the risk is the highest there, that is, your capital can become zero or you can get big profits. Avoid all investments in which your balance will become zero. It is never desirable for your balance to become zero to get extra profits. Business is an important point here, you will prioritize your knowledge and you will move forward in the direction that you feel is best based on your knowledge, without being influenced by others.

Not all risks provide a positive outcome. This is why we have to be selective and study carefully the risk we plan to deal with.

Now on get-rich-quick scheme, we all know that everything that comes too good to be true is clearly a scam. So if you take it, it becomes a high risk wherein there is no possible profitable outcome, but only mistakes and losses gained in the end. This is the reason why not all risks need to be taken. Some will lead you to mess up your finances for long, while others would guarantee you less but a sure, guaranteed income.

I always say, what ever risk someone should take must be calculative, not just taking risk like others are doing, do you know if they calculated their risk, thinking from all angles, having a strong backup Incase of anything. All these factors will make investors to consider before giving anything to a group of founders to execute a goal.

Risks can be addressed earlier on before any startup though, what may come might not be what founders expecting and so the ability to address such risk and the solution to it is always the priority.

In the aspect of knowing and assessing investments a lot of people don't really go for something they can invest in comfortably, they make certain investments because they see others doing it without even knowing if it's within their capacity. This is just an example of investing in things that you don't understand. It's important to seek knowledge about whatever you plan yo invest in instead of relying on what others know.

That is a problem for the people who's got the money to take risk with. They feel that it's okay to do an all-in without proper knowledge but it will cost them their fortune once the plan fails. It is basically the first rule to be done and that's about to make sure that you know what you are investing and you're not going to do anything at all when you have no idea with what you have just known. Because the mistakes that everyone done is like that and feels that they need to invest due to the hype which is a wrong strategy and has to be cut down when they are about to risk or actually waste their money.

There are 5 levels of risk rating; it can be rare, unlikely, moderate, likely and uncertain. Choose which one you'll take so that you will know which risk is likely or unlikely to happen. You don't assess the risk just being a positive or a negative one, you assess it on how possibly you can do it based on your knowledge and potentials on taking that kind of risk. However, some people do not bother assessing but just quickly jump into risking their money, especially if they have a lot of money to lose. So in the end, they just make more series of losses without having profitable outcome. The result of not knowing whether to take risk or not.

There are people who are making totally wrong choices concerning investment because they are depending on the understanding of others, people whom they consider friends some even family. You hear someone say that my understands it or my family member understands it so I'm investing in it because if I have a challenge I can simply ask them. That is totally wrong and unadvisable to do especially with investment because if you have friends and families that understand what you're about to invest in, it is best you make them help you understand it first before you invest in it rather than invest first and then try to consult them whenever you have a question about something you do not understand. These persons may not always be accessible, and their information may not always be accurate.

About Ponzi schemes in particular, people who fall victims are leaded by both greed and ignorance. If anyone accept to get revenue from an activity he doesn't understand then his ignorance feeds his greed at the point he doesn't ask himself simple logical questions.
There is a big difference between risk in investment and naievety in investment. Whatever the sector you aim to invest in, you should understand it very well so you can later understand how/why you lose/win. I don't remember any ponzi scheme has a clear investment plan that can be explained in simple words.

I tell this to my friends who have been asking me about new investments that they discovered. I've been giving them advice that if they are unsure yet of what they have discovered, it's best if they do it on little steps.

They don't have to dive to the water and not knowing how deep it is without learning it testing first by putting one of their foot in it.

It's actually true that sometimes when you're interested into something like an investment and it didn't push, maybe fate is saving you from losing.

There are some people who see how someone on the internet has such an inspiring story about investing in Bitcoin, so these people are interested in investing in it because they see that Bitcoin can potentially give them big profits in a short time, but when they enter the market and buy their first Bitcoin, they start to see that Bitcoin is not able to give results as fast as they imagined, the fluctuating price and unpredictable market movements often make them panic or disappointed, and in the end they sell the Bitcoin they have in a short time in a loss position because they do not think that it can give them a good return.

this happens because these people do not have good knowledge about investing in Bitcoin, they are only tempted by other people's profits, but they do not understand that Bitcoin tends to be volatile and the best way to invest is long-term. if these people have good knowledge and long-term understanding, they will not be willing to sell at a loss when the market is volatile.

Nowadays people who dare to take risks will get big profits, especially those who have capital, of course every path they want to go through must have found out how to get profits and on average they are smart people so they can always increase their assets very easily, so now the risk has become a life challenge in facing everything so for those who are able they will continue to move forward, and those of us who feel doubtful will be left far behind by those who dare to take risks.

In other words, just invest in SPX, and bonds if you haven't done your homework.

But I know it too well that newbies tend to invest into shitcoins and volatile stocks. That's the problem, they're too blinded with the prospect of being rich over night and consider investing as a get rich quick scheme.
Even with these advices it all comes down to greed control.

To change the quality of life, you have to take risks. My friend used to do online business. There was a time when his educational institution was having exams and online work was a very profitable opportunity. To take advantage of the opportunity, my friend invested $600 with risk and at the end of the month he made a profit of $15,000 from his project. If he had not taken the risk of investment, would he have seen so much profit? If you want to move on in general or if you do not want a change in your luck, you should avoid taking risks. If you want to become a little rich, you must take risks. However, in this case, I think it is foolish to take risks without having any experience, so we should gain experience and invest with risk.

I don't get it when you said to avoid using hard earned money for experiments, what is the best money for experiments then? Stolen cash? Those people that bought Bitcoin very early used their hard earned money and to me that's an experiment because it might have failed.

Taking risk isn't that different from experiment, trying to make something work especially something you are not used to is experimenting, there is no guarantee that it will work, I guess it is the same with those that bought Bitcoin in earlier stage.

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The best advice is to take less risks on something you are not very familiar with, using part of your hard earned money is acceptable, if the experiment failed then you still have some money left.

Increasing investment will increase the chances of profit. That is why people are enthusiastic about investing, but if you invest without sufficient knowledge and experience, the chances of losing will increase. Before investing, it is necessary to gain knowledge related to investment. Anyone who has money can invest, but if you do not have knowledge and experience, you may lose your investment. It is also true that not all investments require sufficient knowledge and experience at the beginning. If someone wants to invest in Bitcoin, he can start investing in Bitcoin with basic knowledge and then he can gradually gain more knowledge.

That's what's called taking a foolish risk because someone puts money into activities they can't control. In the concept of life, someone who puts their money in a place they don't understand is the very definition of gambling. This is a mistake many people make because they think investments and businesses can provide maximum profits. What needs to be understood is not the investment or business that is wrong, but rather the wrong approach that ultimately leads to losses.

Anyone can take risks to improve their life, especially when it comes to financial matters. However, maintaining the risk must be commensurate with one's abilities and skills. If done incorrectly, it's no different than gambling, hoping for luck to win. This mistake needs to be corrected to avoid getting stuck in the wrong situation when starting to build financial freedom.

This is the most important point. In today global economy, characterized by persistent inflation year after year, we must be more careful in choosing where to invest our money. Investment decisions should not be based solely on the lure of short-term profits or a limited understanding of an asset fundamentals, as this can easily lead to future losses. I fully agree that deepening knowledge and thorough research are crucial before taking any action and once you have sufficient knowledge and confidence, start investing because it's never too late.

I think you are right. Some risks are not worth taking they may look productive, but in the end, they are full of lose and regrets. Some people see taking risks as road to success, but it is only when you have the knowledge and plan for it smartly that you can make the risk become an opportunity and build wealth but taking risks blindly without the proper understanding,research and plan will turn the risk to lose and regrets, so in anything you do get the knowledge first before starting as the knowledge will turn it in to opportunity while ignorance will destroy it.

Taking risks can be a good decision if it is through planning, observation and analysis. But those who take risks in the hope of short-term profit, it is mostly a financial loss or financial waste as you said. Before taking risks, one should definitely understand his own real situation well and consider the limits of his financial capacity. But if someone takes risks recklessly and emotionally, then it mostly leads to losses. Investment success never depends on the mentality of taking risks boldly, investment success comes from knowledge and responsibility. Only those who take risks considering financial awareness, risk management and personal safety can take advantage of the opportunity.

But in my opinion, even though there is good knowledge, there are still risks that may even increase, so no matter what, the risk will still be there, but we can prevent it from happening by doing it with full consideration and caution and thoroughness so that we don't make the wrong decision. Apart from that, in my opinion, whatever is related to money there is a risk, investing, trading or anything else has its own risks.
With the passage of time and the investment made, it allows us to gain new knowledge and that is good, it's just that there are people who understand it well and there are some people who may ignore it.

There are so many scammers out there right now, going to great lengths to make their scam seem promising to their new victims, a business that could ultimately enrich anyone interested in pursuing it. I see this everywhere in my city: phone calls, online ads, and yes, uneducated people who are ready to believe in miracles are the first clients of these scammers. And if they still exist, it means their dirty business is thriving. Smart investments are supposed to generate income, but people want a quick buck, so they make foolish deals with quick decisions and without checking all the boxes, despite numerous warnings and articles like this one. What should we do in this situation? It's quite difficult to dissuade someone who claims to be an expert, but those who are willing to listen should still be very suspicious of anything that colorfully promises wealth.

You're really right on this. Not every "risk" that people take that is actually a risk, some are just financial mistakes and they cover it up with confidence.Taking bold steps is different from acting without thought.

A lot of people can’t tell the difference between smart risks and foolish actions. True risk comes with study, understanding and good plan. And carelessness on the other, is just spending money on things you hope will work out. It's just like when someone just jump into things because they don't want to miss an opportunity.

Most of the times, people say "it's a risk" Only to ease the guilt of a wrong move. Before putting your money on anything, whether it's a friend's business, crypto, forex or a new idea - you should do some research on it first. Try to understand what you're doing, also ask yourself if you are mentally and financially ready for whatever outcome and not just what you hope will happen.

Sometimes the best option is to chill, learn more and wait till you really understand what you are investing your money into. That’s how you turn smart risks into lessons, not regrets.

Someone intelligent won't make the mistake of investing in what they don't understand. That's an error and it could lead to losses. When it does, the person may not contend with the loss they have incurred, they might lose their senses as a result of that.

The fact remains that not every risk results in profits. Some can be the worst mistake someone will ever make. That's why it is necessary to risk the amount you can afford to lose. So that whatever comes out, you can deal with it than thinking that's the end of the road for you

Yeah, there's a fine line between taking a well planned and calculated move and taking a move without much thought and planning. Intelligent risk taking considers all the options available to see if the potential profits outweigh the potential loss. Before taking such risks, you must have done some good research and planning inorder to make the right decision for the growth of your business or investments.
Sadly, a lot of people hastily and ignorantly make decisions concerning their business or investments without having the relevant information necessary to make the right call. That isn't risk taking. That is simply making uninformed decisions based on everything but the actual facts.

Some people need to learn the hard way before they’ll get to understand that not all risks are worth taking. The misuse of the phrase “no risk, no gain” will really cause a lot of people to lose a lot of money before they get to realise that they’ve made a lot of mistakes. Some risks even when it promises good return are not worth taking because of their analogy that makes it look so simple to get your profit. Every business has ups and downs, it doesn’t guarantee you 100% return or quick getting rich through them. When it comes easily, it’s already a big negative sign that you should stay away from.

As per the old and popular saying of this community, when we are not risking anything with any investment then our life must be at biggest risk. So taking calculated risk that too within limit of affordable must be helping to build wealth over the time. This is what we can do with bitcoin investment because we are giving it time and it is already proven over a decade so its risk level is within expected limit.

What most people mistakenly doing in investment must be just copying others regardless of whether it is suitable for their risk level and without considering the waiting period required for better benefits. I have seen people were not ready to hold bitcoin for four years but got struggling below average life style for 20 years.

A calculated risk is what can make all the difference in your life. Whether investing or starting a business, everything has to be done thoughtfully, intentionally, and planned. Doing things haphazardly isn't risk-taking, it's playing with money, and as I've heard said, "money doesn't tolerate disrespect"...

One of the examples are wasting money chasing shitcoins all in the name of investment. Alot of investors have lost alot with investing in altcoins and I was once like this but after I began to the understanding that it isn't every trend that we should be participating in, in the market that I began to save myself some losses that those that invested are getting. Of course it also affected both ways as some profits I missed out because I was scared of investing but it's better to miss out than to get scammed especially when it isn't something that's guaranteed. You aren't suppose to take every opportunity that comes your way because some of them will be the reason for your downfall. Learn to take calculated risks and not unhealthy ones frequently.

From here even I would consider this nonsense because at the end of the day you are still too confused when talking about the risk aspect and the difference between investing and trading.
Okay maybe I won't go into risk but the image of someone turning their entire savings or even wealth into investments (although it can be done) but that's a step too extreme and it's like trying to kill yourself at least for me like that.

In addition, when talking about investment linking it with forex clearly makes no sense because when you make it an understanding then it is clearly a mistake because forex is more indicative of trading not investment and in terms of risk clearly it also cannot be equated because it will be much greater.

not everything is an opportunity for profit and people fail to understand this some “opportunities” are only disguised as such but in reality it will only bring harm to your life like if someone tells you that their project will help you make profit but is actually just a networking scam

Now I get your points OP. Why must you invest on what you don't know how profitable it is in the community. To me it look like foolish for someone to invest on something you don't know how it works to bring out profit to people that are investing on it.

That is not risk investing on what you don't have knowledge, because if you want to take a risk to invest on a project you must carry out some research to know good project before taking a risk to invest small amount of money and wait to see what you are going to earn before you can increase your capital in the future. Many people have failed by taken some bad risk that made them poor, because they invested wrongly for other people to learn from their mistakes.

Your critical thinking about risks management has made me crazy to talk about business one of my favourite profession. Risk should be kept upfront to success. In a business risk is prior to success. If we keep risk in mind then we will be able to understand the business better. The story of your friend you have shared with us his courage and smart decision to make a huge profit which is almost hard to earn even in a business. Yeah he got lucky but we should not follow other people that they did this business and got successful. I will do the same. Nope his mind operates with a different mindset while you have a different. Taking risk is very important to be successful. If at that point your friend hasn’t taken risks how he will be able to earn that profit. Take risks but after careful monitoring and planning.

Yep many people misuse the phrase "no risk, no gain" also "embrace failure in your youth".

Hence people don't think twice or thrice, once they have money, they will think a business which could earn a lot of money, then they go all-in in that business. Not surprising to see many people are loss in business because they don't even know their product/service would fit to their area or not, understand every risk and every possible way to fix/get out etc.

I don't think that they should be called opportunities if they are going to be an hindrance to what you're doing. These projects or opportunities that comes to us and are just going to pull us down are not the real opportunities that we can take. But that's a real thing, that we have to decline the other things that we might think as opportunities but in reality, they are not an opportunity for us to grow. So, be careful with what you consider as an opportunity and always take a look at it on a glance to make sure if they are real or not.

I never understood it, like if you do not have something to risk, how can you risk it? Lets assume, for just a moment, I can risk a thousand dollars on leverage 100x on bitcoin long futures, and maybe that will actually make me like 20k, who knows, I can't really know.

But for a moment, imagine that it's possible and will happen, the question then remains, where am I suppose to find a thousand dollars to risk? Like I do not have that, I do not have money, I have literally 3k dollars debt, due to my sickness, how am I suppose to risk anything. You mean I should not pay for my medical bills and bank loans and just use that? Of course not, I know nobody means that. So basically ,risking is only possible if you have something to risk.

Making a calculated risk without knowledge of what you are taking the risk for is also very dangerous, a calculated risk in the business wouldn't give you all the desired result you want when you don't have the right knowledge to invest in the right and trending things. Just like you noted everything should be well structured, calculated before final execution, taking a calculated risk in a wrong direction will equal to waste of money which may never be recovered.

Most people who fail are usually trapped in the idea that every opportunity is a golden opportunity, in reality not everything that is offered seems profitable and truly good for us, well that's the hardest part because it requires sharp intuition to truly be able to distinguish between real and fake opportunities and which opportunities are truly aligned with our goals and values and which ones can actually hinder progress or even harm us. Therefore, being careful and selective in accepting opportunities is not only wise, but also a strategy to ensure we stay on the right track.

I completely agree with this. We should only enter a business if we've thoroughly studied or analyzed it beforehand. We should also seek out real-life experiences from someone who has already succeeded in the field we're about to enter. We should also study the experiences shared by others to absorb important information. And, of course, we shouldn't take risks we're not ready for. While everything carries risks, we should only take risks when we know how to avoid them and see a high probability of success.

You dont have to be intelligent, smart or too learned to be successful in Bitcoin investment. Even some intelligent can make a calculated mistake that could lead to losses. Investment have a pattern, it is like a thread it will guide to avoid possible risk. And if by chance you make a mistake along the line, you wont fall out of your investment. It will be a mistake that can be corrected without it being a hindrance to your investment.

This is why as they say, experience is the best teacher and it does not always mean that it was ours first. That way, we can skip some troubles. The last thing that you said there seems contradictory. We are taking a risk remember? But if we will only avoid it, then we are not taking a risk at all. The only thing that we can avoid here is a massive loss if we are applying a risk management.

I searched and found out that haphazardly is taking risk in a unplanned manner but this one is the one that is truly gambling. Anyways, whether we do it in a planned or unplanned manner, both are still taking a risk. We are playing with money but not in a way that we are like donating it because we still hope for a return.

Yeah, risk is omnipresence which means you cannot avoid it but need to manage it. How effectively you are managing your risks will have direct impact to the outcome. There are risk-free investments but with the return from such risk-free investment, you cannot even beat the inflation. So such type of investment opportunities should be considered as negatively paying which means we are losing the buying power of our hard earned money slowly.

In my opinion, bitcoin must be one of a risk-free investment opportunity because I know how to make good returns out of bitcoin investment. I agree that bitcoin investment will work only in long term still holding for long term is not a big concern for the people who understand how risky other investments are. So, compared to other investments and by considering the better ROI in long term, I call bitcoin investment must be the best opportunity of our times.

And that is the point that is being made, that it's a bad idea. Learning by just jumping into something you have no idea about is wrong. Before anybody puts their money into anything, they should make sure they understand what they're getting into. It's not about theory or practice. If you're not ready to learn the theory, you will fail the practicals. When you just jump right in without having an underrated of what you're getting into, then that's no longer an investment, it's a gamble and like a gamble, some people hit the jackpot, but very few. So maybe one or two people might make it big by putting money into something they don't understand, but the better way is to understand what you're investing in first.

Indeed, in this case direct practice will have far more opportunities than those of us who continue to learn in theory but of course this must also be accompanied by another understanding where when we start trying to practice it directly at least we have a basis of theory that we can develop.

The ideal in this case is that although it does not matter when directly trying to jump in to feel the sensation, it still does not mean that in this case the theory does not become nonsense because after all we still need it for our grip to stay on the path that we should maintain.
Trying to jump straight in without knowing what we are doing because we didn't learn the basic theory is the same as when we jump in a swimming pool but we don't know how to swim and only rely on ourselves from surviving to survive and that is clearly risky because you could kill yourself slowly.

The truth is, no one can truly consider themselves a great investor. Let me explain. If I invest in various assets after much thought and calculation, I expect a profit. At that point, I'm just an ordinary guy who's invested, even though I already have some investing experience. And if the assets rise in value, I start to consider myself a great investor. I was right and will get paid for it. Cool! But then I invest again, and the assets suddenly fall in value. And at that moment, "imposter mode" kicks in: I lose confidence and start to consider my success a fluke. See how fine the line is?
Everyone takes risks, but only the total return shows who invests wisely and who loses.

Jumping into something without even the slightest idea of what you’re doing is like playing blindfolded in a game where the stakes are your money time and sometimes even your sanity some people say they learn better by doing but there’s a big difference between learning by doing with preparation and learning by doing with pure guesswork. Theory might sound boring or unnecessary to some but it’s literally what gives you structure and direction it’s like having a map before taking a journey sure you could walk without it and maybe you’ll reach somewhere but chances are you’ll waste time energy and maybe end up lost entirely once you have the theory even the mistakes you make in practice will become lessons because you’ll know why they happened.

In trading or investing especially theory is what keeps you from turning into a gambler without realizing it understanding how risk works how the market moves or why certain patterns repeat can save you from huge losses it doesn’t mean you’ll avoid all mistakes but you’ll make smarter ones that help you grow. Jumping in just because you feel like doing it might teach you something but it’ll probably cost you more than it should learning the basics first isn’t weakness it’s just respect for your own money and effort you can experiment after you know what you’re experimenting with that’s the balance between experience and knowledge.

I don't even know why people have different opinions on this. Anyhow you look at it, it's wrong to jump into a business or investment without understanding it. I understand that the difference between a genius and a madman is in the result, but what people forget to understand is that the genius does not just go into a business he knows nothing about. He analyses the business, understands the risks before putting your resources into it. Investing without understanding the thing is why people fall for Ponzi schemes. Some get their profit, but it's not because they're geniuses; they were just lucky because most of them lose. No successful investor, millionaire or billionaire does a business he doesn't understand.