Risk-takers always ahead financially

[BITCOIN4X]

The majoirt of risk-takers dont even understand that they are taking any risks.

How could it be ?
I'm not sure about that because it's about money. When they agree to trade crypto asset, they begin to agree on the risk they will face. I think all crypto asset trading platform have a risk warning. So nobody ignored that risk in my opinion.

Only professional risk takers get profits from this in long term

I don't think anyone can profit here consistently over the long term. The main thing that I take into consideration is volatility and fluctuation. There are cycle that make them lose and profit even for professional trader.

[Rruchi man]

Big risk takers, are not necessarily always ahead financial in the society, Calculated big risk takers on the other hand are the ones ahead. To win, you must take a calculated risk. If you sometimes just jump into a risk without proper and prompt calculation, you may not survive financially.

[migolmigol]

I do agree to this. Being able to take risk is part of the success in life financially. No one gets rich relaying to just one source of income. Which is why investments, which consists of different level of risks, is another way to have other source of income.

However, taking the risk without any proper research would also not make you ahead. You have to balance on how you take research with studies in order to minimize it and maximize the profit.

[Shasha80]

I agree that risk takers are often financially superior to people who are always in the safe zone. Therefore, most rich people are actually risk takers,
if we want to excel financially, we must have the courage to take risks. But being a risk takers must have knowledge and experience, without these
two things will only be speculated. Therefore, never stop learning all the knowledge related to investment, especially to be a risk takers you must
master risk management well.

[Karartma1]

Taking risks may well be a great way to achieve some big financial profits abut like many others point out the most important part of it all, at the end of the day, is to balance those risks. Risk management at its finest is required to to maintain and raise financial gains!
Take advantage of stop-losses if you are in a great profit and don't risk too much. It is really unnecessary.

[Amejoaquim]

Taking risk is good but if we can minimize the risks it will be better.

Thats why we need to keep learning every single day so we can managed the risk.

Sometimes we need to take the risk but if we just taking the risk without any information or we don't know what we invested in it's kinda stupid.

[darewaller]

It is wise to educate yourself into something that involves high risk especially with those things that related with your financial business, remember that you are using your hard earned money.

It's okay to gamble with the future if you have that knowledge that gives you chances to succeed, not an assurance but if you have enough knowledge you can calculate and you can assess properly.

At certain point you have to realize that you could never get rich by working for someone else. I know that there could be few people who had enough money to retire early and have a decent life, but it is very very rare, as in one in a million, whereas other people who get rich (the 99.9999999% of all rich people) get rich by three ways, one is have rich parents, if you have rich parents you do not have to worry about anything at all. That one is not something you can deal with so there is no point on thinking about that, second is having your own business, if you can do that and you believe that go ahead and do it.

However the reason why we are here is the third method, making money with money, and if you want to get rich, you need to go into low risk, high risk, all risks in order to try every method you can to get richer, diversification is important and everyone should have both low and high risk stuff and hope for the best.

[Pamadar]

They understand the principle of investing no risk no gain, and they know how to allocate their money that is why they can invest comfortably, but being a risk taker is not always good because with the market like Cryptocurrency you will end up losing everything, as a risk taker you should be well educated on the being a risk taker, it's risky but rewarding

That's matter most, if you understand the risk you'll able to calculate everything.

Risk takers are capable in allocating thier funds trusting that what they've understand will bring them good compensations, high rish ends up also to a big gained if happened that you'll able to catch up the right investment. You always have to take time and efforts in finding the right venue of investment to place your money.

[tygeade]

It is not really something you should be aspiring to be unless you have the money for it. I have seen people who have tens of thousands even hundreds of thousands of dollars go into risky things with only few thousand dollars and make a ton of money, and so the poorer people who do not have that kind of money go all-in for few thousand dollars and lose money, because they think they could do the same thing but fail to do so in the end, and they only have one shot at it as well.

It is not smart to be risk taker if your risk is greater than everyone else, going all-in to something is never advised and diversification is very important. I would say do not spend under 100 bucks or more than 1% of your money into something very risky, which means you should have at least 20k+ and invest 200 bucks in that case, otherwise if you lack that funds, stay on the safe side.

[SirLancelot]

Depends on you if there is a chance you want to risk and this is an opportunity to why not? People are taking a risk because they to make chance about their live risk is a lot changer sometimes this is the only thing you need to have a good and better life but not all the time you are winning with your risk, take care on your decision. In life, some of the neutral people who not taking risk are the one who is not improving, those risky takers mostly become the successful one.

Taking risks is important but the risks you take should not be egregious or idiotic like investing everything you have into a new coin just because they were able to convince you into investing. Sometimes people say that buying Bitcoin was not a risk and people should have invested more, but explicitly speaking I always think there was a risk because although the model of Bitcoins was never in doubt but the adoption and acceptance always in question and we are great to have bitcoin being loved as much as it is, but there was not guarantee about that.

There should be a balance between the risks you are taking the rewards you are expecting. Taking a risk might be a student dropping out of college and starting his own business but not everyone can be Steve Jobs or Michael Dell. I have seen more people destroy their career by quitting their education than I have seen earn millions.

One might say Steve Jobs took the right risk which is true in hindsight but the same won't be said about him if his idea and plans failed.

[TheUltraElite]

Big risk takers, are not necessarily always ahead financial in the society, Calculated big risk takers on the other hand are the ones ahead. To win, you must take a calculated risk. If you sometimes just jump into a risk without proper and prompt calculation, you may not survive financially.

Even a calculated risk taking process involved some risk and hence can make you lose a lot. They are not necessarily ahead but thought to be ahead.

Thing is that there will be risks in speculative markets but being knowledgeable about the market and knowing what you are investing in makes a lot of difference in your holding patterns and choices.

Taking risk is good but if we can minimize the risks it will be better.

You can do that with practice and research.

Thats why we need to keep learning every single day so we can managed the risk.

Everyday is an exxageration. There is a world outside crypto trading too. If trading is not working out maybe your call is something different.

Sometimes we need to take the risk but if we just taking the risk without any information or we don't know what we invested in it's kinda stupid.

It is not just stupid but dumb. However only the ones who have been trading will be able to know this.