Risk-takers always ahead financially

[Mauser]

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

I a fully agree with you, only when we are educated we are able to understand the risks we take. Without such education we would end up taking risks without even noticing it. The higher the crypto market rises the more interesting it gets to hedge our positions. Sure we could just outright sell our coins and take the profit but then we would have no risk at all. We all know that risk takers get rewarded, that is why it's so much better to hold stocks than just leave the money in the bank account with almost no interest.

[1714839024]

1714839024

[1714839024]

1714839024

[fullhdpixel]

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's so true and not everyone is born with a silver spoon in their mouth and not everyone can afford taking risks in life. I am someone who has been raised under extreme situations and forget about taking risks, I would be an idiot if even I think about doing something out of the blue. But the good thing about life is that it lasts longer than you think and turns more than you expect. Now my financial situation allows me to take risks and I invest in various tokens online, that's because I have the capital that allows me to do so.

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.

To be honest Elon Musk took bizarre risks when he tried to launch his rockets and failed and was on the verge of being bankrupt when his last attempt actually worked. We are praising Musk not because of his planning but because of his success and where he stands today.

[Lanatsa]

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

Experience is the key for us to know more on how the world works or on how thing works and of course its just impossible for someone to get it on their first time.

For those who do then theyre pretty good on achieving that without any experience without loss but its really hard to believe eh?

Risk taking is something that someone neither choose to dive in or not depending into their aims when it comes on making profits or money.
Risk takers are really ones who do have the advantage compared to those who hadn't but it would really be needing for you to risk out
money but if this isn't your genre then you can opt not to go in.

[Yatsan]

Taking risks is not always practical in nature for you have lots of things to compromise and you must be mentally ready to accept the possible consequences and the results that may come for the decision that you will do upon deciding to take such risk. Yes, risk takers do have an edge for sometimes because they can be able to know more information that other people are hesitating to do which allows them to start up wondering how things work and discover things that are still not informed into other people because only few know about it. But does not basically good at all times.

[TheUltraElite]

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

Maybe we should not compare Bitconnect with Bitcoin. The former was a ponzi scheme whose truth had been discovered a long time ago but people failed to realize it. The risk of investing in a ponzi is huge but then there will be people who are making money off that ponzi. Even then that money is going to be a black mark on their conscience and possibly in future when blockchain forensics become even more advanced, we might be able to see the real perpetrators get punished.

Dont correlate risk taking with investing in ponzis. Ponzis are scams, not methods to make money for an investor - a scam brings money to the scammer. Of course if the scammer can sleep after knowing this too.

Like I said previously, the intelligent people are the ones who make money.

[Psynthax]

Taking risks is not always practical in nature for you have lots of things to compromise and you must be mentally ready to accept the possible consequences and the results that may come for the decision that you will do upon deciding to take such risk. Yes, risk takers do have an edge for sometimes because they can be able to know more information that other people are hesitating to do which allows them to start up wondering how things work and discover things that are still not informed into other people because only few know about it. But does not basically good at all times.

That's my thought too, usually being risk taker is good when we know what we're doing and know how well things works. If we don't have a clue about what we're doing then we better back off and to learn some new things in the process. So many startups fail because they don't know how the startup market works but still taking risk anyway.
Being succesfully or financially ahead usually just know how to take advantage of an opportunity that appears to the fullest with the experiences. otherwise it's gonna be hard to reach that.

[VanDeinsberg12]

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.

Exactly, the only "sure" key of climbing up financially for the poor is scholarship and then after that they could get all the opportunities opened up even like that they still one step behind because don't have any connections or such. That's also why most of the formerly poor people who fix their financial most of them become employee and don't really want to take the risk of becoming poor again by being risk-taker.
Though i don't deny that there's always some people who could escape from being poor but thats like 1 in 100000

[Samayuki]

As a risk taker you must be expecting failures too but yes it's better to do something than not doing anything at all, without any thriving there won't be any break through as they say, the bible already said we will eat out of our labours, the only way to make changes in life is the zeal of trying out something new

[raidarksword]

As they say, big risks, big rewards that's why most people who risked in investments made more profits in this industry but of course in a good way possible and with deep research and decision making, possible big profit outcome will be the results.

[BITCOIN4X]

As they say, big risks, big rewards that's why most people who risked in investments made more profits in this industry but of course in a good way possible and with deep research and decision making, possible big profit outcome will be the results.

Of course, without analysis they probably wouldn't have taken this risk. These people, in my opinion, have enough experience in market situations that they dare to take off their hats in the hope of making a big profit. However, not all risk takers are successful on this investment, there are times when market changes are not as expected, although in some time it will recover. People shouldn't bet on trades just hoping that they will get a lot of money from the risks they take.

[KuromaYoichi]

Risk taker can be the one that ahead financially, also can also be the one that ahead on bankruptcy, it will be different from every person and what risk did they take. Higher risk almost always means higher reward but not a lot of people can't handle the aftermath especially if it's bad that;s why they choose low risk low reward because they don't want anything bad to change in their life. Also you only see successful risk taker because they will be the one that share their experience not the one that fail spectaculary.

[doomloop]

  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.

Yes, if you can’t take risks then you’re not ready to start progressing. Not taking risks means that you’re still living in your comfort zone and when you remain in your comfort zone there is nothing new that will happen to you until you’re ready to step out from that comfort zone and push forward.

There are some people who are always scared that they will lose what they have if they step out from that, and of course things like that do happen, and when it does it’s still up to you to decide where you go from there, it can be a lesson but it’s not the end. You can still continue giving it a try until it works out.

[Novatech8]

Understand what you want to take risk on first, hardwork doesn't always mean success if not there will be billions of billionaires in the world today, make sure that what you are thriving on can get you to a better place with just one good turn, I hope you understand what I mean here

[Vatimins]

     I hear you loud and clear. You really do have a point, but the thing about taking risks is that the risk should be thought of carefully and not dumb risk. And with an advice like this, the type of person or the mentality of a person should be addressed since we all take setbacks or defeats differently from one another. A man should be wise enough to know what risks are worth taking and what are not. He should be able to pinpoint which risks have defeats that he can take both physically and mentally or a knockdown which he's capable of shaking off.

[Sled]

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.

Ain't to deny that, business owners are taking their to put up a business but before they are doing that, they probably know what could be the possible results. But I don't think that they are risking their money just to lose, they are wise and that is why they overcome the risk.

Basically, they a plan, and that helps them to stick to the goal no matter what happens and they succeed. Not all of us have this kind of idea, many got distracted by their emotions makes them not to succeed.

[oHnK]

As they say, big risks, big rewards that's why most people who risked in investments made more profits in this industry but of course in a good way possible and with deep research and decision making, possible big profit outcome will be the results.

Of course, without analysis they probably wouldn't have taken this risk. These people, in my opinion, have enough experience in market situations that they dare to take off their hats in the hope of making a big profit. However, not all risk takers are successful on this investment, there are times when market changes are not as expected, although in some time it will recover. People shouldn't bet on trades just hoping that they will get a lot of money from the risks they take.

But don't make a mistake, there are also many people who dare to take risks without any planning, for example, they are gambling investors. Being a gambler, they only dare to place very high bets for high rewards. Even though they know, gambling will not make anyone rich. Their stakes are sometimes not basic, making me believe that not always people who dare to take risks will achieve success. But still, from a fraction of the number of gamblers, there are still those who achieve success in that field. And this is what makes the indicators of success become blurred.

[Inkdatar]

As a risk taker you must be expecting failures too but yes it's better to do something than not doing anything at all, without any thriving there won't be any break through as they say, the bible already said we will eat out of our labours, the only way to make changes in life is the zeal of trying out something new

Those who take risks with great responsibility can gains rewards after all of doing effort. That's true since not all risks taker ended successfully there is also a failure. But, with the failures you have next time you will learn how to work out your plan, the next step mission that you will accomplish. The more you focus on your goal the more it will give good in return.

[maybukaspa]

They said risk-takers are money makers, the people who always end up on top. I think most of them, but not all of them. Investors and Traders, there's no difference both are risk-takers. It's up to them how they handle the risk. Do you think your money will grow by just looking at them? If we want to make more money, we, therefore, need to start taking the risk. Be as it may, we need to learn and gain enough knowledge about particular things that will help our money grow.

[el kaka22]

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.

Exactly, the only "sure" key of climbing up financially for the poor is scholarship and then after that they could get all the opportunities opened up even like that they still one step behind because don't have any connections or such. That's also why most of the formerly poor people who fix their financial most of them become employee and don't really want to take the risk of becoming poor again by being risk-taker.
Though i don't deny that there's always some people who could escape from being poor but thats like 1 in 100000

That is the reason if you look at the richest people in the world you will see that most of them had rich parents or family, they never really "took risks" in the sense that they would be poor or starving if they never did their jobs. Jeff Bezos? Guy who had island level big lot for their houses when he grew up (had a worse baby and toddler period but got richer later when his mother married a rich guy) and had a rich grandfather as well, not "this" level rich of course but rich. Elon musk? His father took ownership of mines and got rich off others hard work, Bill Gates? You think a kid at 17 can build something with his friend when they are poor?

There are people out there having hard time finding something to eat, Bill gates had all the toys he could imagine under his hand and he did whatever he wanted when growing up without a problem, Mark Zuckerberg? Dude was "all paid of" Harvard student, he came from a rich family too. All those "risk takers" came from a level where they wouldn't mind going back down, every single one.

[Wipeout2097]

I am completely concurred with this explanation that chance takers move quick as compare who take choice rationally.Taking dangers from the begin is way better than taking dangers that develop afterward on. Very practical, it is said to require a hazard with the rate gotten, and it is taken into thought. In case not choose for it, at that point when else? holding up will ended up a thing of the past when everybody is fruitful with all the choices. So what are you holding up for,Always attempt for modern and reach to goal.