Risk-takers always ahead financially

[AndySt]

Not all of the people have something to risk. Others would say that poor people should invest in crypto currencies, but we all know they can't afford it. They can't take the risk because every little amount of money they have, they need to use for their family because that is what they only have. But always remember that these risk takers didn't earn a profit everytime, they took risks and that also means that they also lose.

I remember the story associated with Steve Jobs and the third co-founder of Apple, Ronald Wayne, who at one time did not want to take risks and sold his share in the company for $ 800 and $ 1,500 a year later for refusing future claims, then did not return again when Jobs, due to financial problems, several times offered Wayne to invest again and return. Business is not only a straight road without bumps to wealth, but also with a constant risk of failure and ruin, and not everyone has the strength and nerves to constantly fall, rise again.

[dothebeats]

Risk-takers without clear vision of why they are risking and what are at stake aren't always ahead. Sometimes they are those who risked everything without a clear plan and ended up losing what they strived for. If you do have a decent plan at hand, you would be able to convert the risk into something that completely favors your position and what you risked for. The likes of Elon Musk, is a good person to use as an example of a risk-taker that has a clear plan which succeeded obviously. He was so into getting Tesla working despite numerous rejections from investors and he still made things work.

[AniviaBtc]

Not all times but most of the times risk-takers made the most profit, they are the most educated and most involved in the market, they checked the coins with good potential, and they always want to be an early bird in every good project, because they know there are hidden gems on new projects, once a risk-taker always a risk-taker, because they know what and how to look and why it's worth the risk.

Most of the risk-takers are successful and we really have different journey when it comes to investment.

Some people will say that they will not take the risk because they are scared, they are not knowledgeable, they are not courageous to make or lose profits.

We should understand that investment naturally have risks and it depends on us if we will take or deal with it. There are a lot of opportunities in the market, there are a lot of opportunities in an investment and it is your own will if you will engage on it to have more profit. Especially in a cryptocurrency investment, market is volatile and risks are much higher compared to just holding your coins.

There are some things who are worth the risk and you should look for it no matter what because you will benefit it on your own.

[carlisle1]

Not all times but most of the times risk-takers made the most profit, they are the most educated and most involved in the market,

But they are also the Most loser when chooses the wrong one , because they are willing to risk high as long as they believe it would bring them profit.

they checked the coins with good potential, and they always want to be an early bird in every good project, because they know there are hidden gems on new projects, once a risk-taker always a risk-taker,

That is why they are called risk taker Because of their capacity and engaging in trading that we don't believe.

because they know what and how to look and why it's worth the risk.

All coins are worth a risk, the problem is when to buy and when to sell, because let's admit that some are manipulated while some are indeed in demand .

[LogitechMouse]

Risk-takers and educated ones are the most likely to be rich

Risk-takers are the ones who sees the opportunities always and they are grabbing it, invest on it or participate on it just to have profits. Like they always say "The higher the risk, the higher the reward" and that is what these risk-takers are always doing. Obviously these risk-takers just don't go there without any knowledge about it. You can be a risk-taker but zero knowledge on the opportunity and in the end, you will lose a lot. Risk-takers who knows what he/she is doing are the ones who will be achieve financial freedom and will succeed in life.

[jaysabi]

  Life is all about taking risks and the same thing applies to getting money. You can't just fold your arms wishing you had money, the best way of being ahead is by getting started.
  When opportunities that can lead to money arrive, many people out of fear, laziness and curiosity always doesn't grab them and they'll be waiting for someone to try so they can see the outcome, that doesn't make you smart it'll only delay or stop you from encountering your financial breakthrough.
  You should cultivate the habit of being well-informed about the financial opportunities circulating around the globe so when you get the chance never allow fear, laziness or being too curious to stop you. money is not for the weak so be brave.

Demonstrably false. You may only hear about the "risk takers" who made it and not the vast majority who lose because of risky behavior. And you don't have to look far to find evidence of that. All those idiots on WSB who were still buying GME above $300 were risk takers, and now a lot of them are sitting on +75% losses. The idiots buying Doge at 8 cents were risk takers, and they're sitting on substantial losses now too. Risk taking for the sake of risk taking is stupid. It's not about risk taking, it's about intelligence somewhat but mostly about luck. The earliest investors in GME were lucky. If they got out of their positions when it was up 30,000%, they were smart.

[poodle63]

It is only natural that risk-takers have better finances than people who play it safe. Because indeed most rich people are risk-takers by investing
in several assets that may not be valuable at first. Because Bitcoin alone when it was first created, very few believed that investing in Bitcoin could be
very profitable.

So early adopters are risk takers in my opinion. Those risk-takers who bought Bitcoin for the first time are now rich people, because the Bitcoin
price increase is very significant. So we really have to be risk-takers to be rich, we must venture out of our comfort zone.

The early adopters don't really risk that much TBH seeing how cheap the price of BTC back then, except if you're investing million dollars  to btc when it was still at early phase but most of them bought it with hundreds of dollar and they got the jackpot because they see the underlying technology and potential of bitcoin is really something that could be revolutionary, however if what you aim is to be reach, having a quite good job but great at managing money suffice.

[AicecreaME]

The reason why risk takers are always ahead is because they always experience something new, something advance that ordinary people don't want to take risk. Risk takers are always 50:50, either they learn on something after they failed, or win in something after they took the risk, while normal people has only 0% of gaining something because they are too afraid to do something.

That's why it's better to risk than to regret something in the end of the day. The best example are those people who doubt Bitcoin and now they are drooling to those who are making good money on it.

[Arkann]

Those who are afraid to take risks constantly come up with some kind of negative statements in order to manipulate public opinion. The same situation was in early 2020, when skeptics said that Bitcoin would fall, not rise, and today, when we have good results, they again continue to manipulate opinion and provoke panic in order to collapse the market. Those who risked and invested at the beginning of 2020 have very good profits today.

[Smartprofit]

  Life is all about taking risks and the same thing applies to getting money. You can't just fold your arms wishing you had money, the best way of being ahead is by getting started.
  When opportunities that can lead to money arrive, many people out of fear, laziness and curiosity always doesn't grab them and they'll be waiting for someone to try so they can see the outcome, that doesn't make you smart it'll only delay or stop you from encountering your financial breakthrough.
  You should cultivate the habit of being well-informed about the financial opportunities circulating around the globe so when you get the chance never allow fear, laziness or being too curious to stop you. money is not for the weak so be brave.

Yes, that's right! 

It is very important to be able to take risks and be among the founders and pioneers.  Usually, founders are in a better position than followers.  For example, the founders of a successful commercial company receive the bulk of the profits from its activities.  People who later come to work in the company will be forced to be content with the role of an employee. 

A similar situation with investing in cryptocurrencies ...

Initial investors in Bitcoin, Ethereum, Monero, etc., have multiplied their initial capital.

[Oasisman]

There are some people, especially those subjected to extreme poverty, to no fault of their own of course, that may disagree. They can't afford to lose anything more especially when you consider that their funds are only good for basic necessities. We should be more considerate and all but I get wherw you are cominf from OP

That! Is definitely true. I have been saying this again, the rich can always have the opportunity to become even more richer, but the poor has a very limited opportunity depends on their risk tolerance. Now, what if this poor person doesn't have enough spare to sustain a long term investment? Of course they'll take what's necessary.

[lixer]

It is easy to say that in hindsight because if Bitcoin failed we would be laughing on the investors and making fun of them but now the move proved to be a masterpiece so we are talking about taking risks and its benefits. Even gamblers are taking risks so are they the smartest guys on planet? No! Its because there is a vast difference between taking blind risks and calculated risks. There are people who bought Bitcoins blindly and they are in profit but that's by luck whereas there are investors who actually read the whitepaper of Bitcoin, understood the concept and then invested.

I mean taking risks is important because the biggest risk you can take in life is "by not taking any risks" but you need to ensure you have something behind your risks as a backup and not just blindly gambling.

[TheUltraElite]

There are some people, especially those subjected to extreme poverty, to no fault of their own of course, that may disagree. They can't afford to lose anything more especially when you consider that their funds are only good for basic necessities. We should be more considerate and all but I get wherw you are cominf from OP

To someone who is financially poor, investing and planning for the future is something that gets a lower priority. Their current higher priorities would be to get a better earning, better housing, food and mode of living. It comes from the primal instincts of humans. Once these things are in place they can think about saving money for future or depositing money in a bank as the first mode, defenitely not going to bitcoin because in general the poor people less knowledgeable about alternate currency methods.

The best way for poor people to progress is gain knowledge, skills and word hard for a better living. Only then can they progress to higher strata of the society at a length of time.

[naikturun]

Not all times but most of the times risk-takers made the most profit, they are the most educated and most involved in the market, they checked the coins with good potential, and they always want to be an early bird in every good project, because they know there are hidden gems on new projects, once a risk-taker always a risk-taker, because they know what and how to look and why it's worth the risk.

what he said was true. You can't always wait for someone to do something and hope to get something out of it.
if it's like that you will always fall behind despite the advantage when someone does something wrong you can avoid it waiting for them to do it.
but you will always fall behind the others.

[VanDeinsberg12]

Being risk taker is fine if you have something to back you up, if you're so poor being risk taker will further destroy your life. that's why some people said being poor is like running in circle you'll get nowhere because the risk of being risk-taker will give you more backlash than those who are financially better and if you fall you get all the wounds. Except if you somehow found some good opportunity of making it big.

[Obito]

Being risk taker is fine if you have something to back you up, if you're so poor being risk taker will further destroy your life. that's why some people said being poor is like running in circle you'll get nowhere because the risk of being risk-taker will give you more backlash than those who are financially better and if you fall you get all the wounds. Except if you somehow found some good opportunity of making it big.

I get what you are saying, a lot doesn't understand what it really looks like to be poor, everyday you have to find a way to eat for a day, 3 times is like a Christmas. A lot of statistics support this claim that being poor will only lead to you becoming more poor, and to all the people who says that hardwork is the key for getting out, you are dead wrong, it is like being in a quicksand, the more you struggle will only lead to you sinking deeper. The risk for this people is a one time play that could spell prosperity if extremely lucky and death if not which is sometimes the higher of the two.

[bitgolden]

The early adopters don't really risk that much TBH seeing how cheap the price of BTC back then, except if you're investing million dollars  to btc when it was still at early phase but most of them bought it with hundreds of dollar and they got the jackpot because they see the underlying technology and potential of bitcoin is really something that could be revolutionary, however if what you aim is to be reach, having a quite good job but great at managing money suffice.

I think they are taking "risks" in the way that they have made a lot of money already and if they are still in that means they are saying no to millions of dollars in profit over the hopes of having even more millions of dollars. Now obviously they are not risking losing money, they are risking taking out profits, and that is not as bad as you might think, it is definitely easier choice to say no to millions of dollars when you know you are already in profit and won't be losing all of your money, but it is still must be very difficult.

Let's assume you invested 1000 bucks 10 years ago and now you have 10 million dollars, you can literally click one button and change your whole life and have 10 million dollars and live a great life today if you want to, and saying no to that in order to have 20+ million dollars in few years is definitely something that takes courage.

[Cling18]

  Life is all about taking risks and the same thing applies to getting money. You can't just fold your arms wishing you had money, the best way of being ahead is by getting started.
  When opportunities that can lead to money arrive, many people out of fear, laziness and curiosity always doesn't grab them and they'll be waiting for someone to try so they can see the outcome, that doesn't make you smart it'll only delay or stop you from encountering your financial breakthrough.
  You should cultivate the habit of being well-informed about the financial opportunities circulating around the globe so when you get the chance never allow fear, laziness or being too curious to stop you. money is not for the weak so be brave.

As for me, it isn't just about taking the risks that could make us financially stable but it's the way we make right decisions. It's all about doing the right things right. Being brave to take the risks isn't enough if we're not making wise choice. Investing in crypto is risky and we should be brave but we should also think of the best coin to invest with so we'll never have regrets in the future.

[FanEagle]

Being risk taker is fine if you have something to back you up, if you're so poor being risk taker will further destroy your life. that's why some people said being poor is like running in circle you'll get nowhere because the risk of being risk-taker will give you more backlash than those who are financially better and if you fall you get all the wounds. Except if you somehow found some good opportunity of making it big.

I get what you are saying, a lot doesn't understand what it really looks like to be poor, everyday you have to find a way to eat for a day, 3 times is like a Christmas. A lot of statistics support this claim that being poor will only lead to you becoming more poor, and to all the people who says that hardwork is the key for getting out, you are dead wrong, it is like being in a quicksand, the more you struggle will only lead to you sinking deeper. The risk for this people is a one time play that could spell prosperity if extremely lucky and death if not which is sometimes the higher of the two.

That type of problems are really not a 2021 problem, it should have stopped 100 years ago easily without a trouble. You know why? While I had the same problems, days when I wasn't sure what to eat for dinner and really drank a lot of water so it would keep me filled long periods of time, or find jobs that would be paying so low that it wasn't enough for anything but I had a meal there so I took it, worked in the worst jobs anyone would do, all because we were forced to because of financial situation in the world. But do you know why we do not need that?

There are enough food produced in the world to feed the world twice, TWICE!! Do you know why there are starved people when there is enough food to feed everyone twice? Because of two things, first is rich people in rich countries do not eat "enough" they eat waaay more than they need, secondly there are excess food that is trashed because companies would rather offer that food for American to buy and trash rest over giving it to starving Africans.

[jacafbiz]

Life is always about risk and no risk, no reward but one thing we need to know is that we need to be educated about the risk we are talking, some people make uneducated risk and got burnt, look at people that invested into Bitcoinnet, Bitconnet is gone, Ethereum and Bitcoin are still here. All these coins have their own risk. My advice is that as we enter into this bull market proper always try as much as possible to protect yourself