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Author Topic: When everybody tell you take take risk with money  (Read 1042 times)
Viscore
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June 26, 2021, 07:17:07 PM
 #61

If you are not fortunate enough to have a good life, then you need to have the energy and the will to work on yourself.
And in the process of forming you to be good, taking risks in life is like a test to test what you have learned from life. To me the advice of all is valuable, and they all mean a lot to me personally, with money I think it should only be viewed as a guide to life.
But that doesn't mean that you have to take all the advice to heart because some advice aren't compatible to your behavior or sometimes purely subjective so take advice with a grain of salt. I came from nothing too but I am still striving the same as back then.
Yeah very well said. Not every piece of advice is to be followed and not every person is to be trusted. I feel like one who realizes what's best for him or her has the highest intelligence and doesn't even need advice from others.

One should neither risk their life nor their money unless they have a reason to do it. I might even understand one risking their money because they are desperate but risking your life should be the last among the last set of choices. Then again, you achieve nothing if you don't risk anything so one has to take risks. Taking calculated and avoiding unwanted risks is the right way moving forward, I suppose.
There will always be risks in everything we do, be it as an investment or not. They all have its pros and consequences in the real sense. Taking risk is a good start to make you move forward as you aim for more positive and ideal result. We can't have progress and move forward by the way if we don't go out from our comfort zone.

But taking risk for money should also have its limits and should not reach to the extent of taking risk your life and putting it between life and death situation. It's a different story i guess.

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June 26, 2021, 07:48:58 PM
 #62

<<snip>>
You do not even read what people are responding to you, do you? I mean you just replied "you don't have to risk money and try to be rich" sentence I had with "be a pleb and risk money, it never goes wrong!!" and then said all the replies made you sure that you were right. Jesus Christ mate, I said if you do not want to, you don't have to and you assumed I was still defending it, at least read what people are telling you.

You have an agenda here that you want to support not taking risk with money, and you are so blinded by the agenda that you literally had to respond people who even support you with a negative comment, that is just all you care about, writing bad stuff and negative comments all over and nothing more. You have your own idea and nobody will be able to change that but with the way you are, if someone actually agrees with you, they will literally switch sides and agree with other side just because you are acting like a dick to them.
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June 26, 2021, 08:05:35 PM
 #63

I think that in every situation that requires a decision to be made has a risk, and so benefit and opportunities. It is just a matter of how things are perceived and how the decision was thought on before coming being finalize. When it comes to risking money, pros and cons must weigh in before jumping into a conclusion, in that way neither money nor life will be risked when it is a bad investment.


Getting your point, it's really a matter of good decision-making and how you comes up with it, I mean, before concluding or making your step it's a must to think deeper and if there's any available channel to check and analyze the situation before jumping or participating. Each decision-making have risk behind, but as long as you are comfortable with how you assess everything the chance is high to succeed.


Else, if you failed or if you lose it will served as good foundation for  betterment of your judgement deciding which path to take.


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June 26, 2021, 08:06:24 PM
 #64

There is no such thing as zero risk in a world of uncertainty. It's best to encourage people to limit the risk as much as possible.
It is that simple, even the most common actions have a risk, for example even the act of drinking water has a risk, if you do not drink enough water this will impact your health long term and the same is true if you drink too much, however we do it because we have to, investments no matter how safe they may seem have a level of risk, the issue is to find a way to minimize it while at the same time increasing our chances of success, it is not easy but it can be done.
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June 26, 2021, 08:37:10 PM
 #65

You can take risk with your life, you can take risk with your computer.
You know, I feel like laughing when I read such things. Taking a risk with life? like jumping in front of a moving train? Taking a risk with the computer? Like dipping your keyboard in a buck full of water? I don't know how one can take risks with life and computer, by the way, two very contrasting things.

People suggest taking risks with money because it gives you a chance to earn more money. If you are risking your life, you get nothing. Actually, there are people who risk their life by doing dangerous stunts and earning money.

MONEY is the riskiest of all risk!!
The moment you feel money is more precious than life, it should signal you that something is not right in your life and it is usually related to money crisis

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June 26, 2021, 09:10:23 PM
 #66


You can take risk with your life, you can take risk with your computer.
But nobody would tell you to take risk with them, but they all tell you to take money risk because why?

Because MONEY is the riskiest of all risk!! They tell you to take the riskiest gambling with your life. After you take MONEY risk, you are gambling with your life and death, you loss the money the future await you is hell and death!

Never go full retard!! You can take any risk but never take risk with your MONEY!!

Fuck all the people who tell you to take money risk. Smiley
Not all would be telling about risking your money or simply going to go all in with your funds when you are tending to risk something on an investment because it would just be basically depending on you on how much you can risk on.

Not all would really be financially capabled on doing so this is why it would really be varying on a certain individual on how much they can risk but there are people who do go FOMO without minding on whats next incase that investment would turn out to be a failure.

Dont listen on others suggestion when it comes to investment matters, always follow on whats up into your mind.

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June 26, 2021, 09:11:35 PM
 #67

I think that in every situation that requires a decision to be made has a risk, and so benefit and opportunities. It is just a matter of how things are perceived and how the decision was thought on before coming being finalize. When it comes to risking money, pros and cons must weigh in before jumping into a conclusion, in that way neither money nor life will be risked when it is a bad investment.

Life is indeed full of risk, on every decisions there’s always a consequences so I’d rather take the risk than to regret not doing so later on. That’s your money so you decide on that, if you don’t want to risk on investing it then that’s fine, just so you know the value of your money is just eaten by the inflation. There’s a rewarding risk, just know how and your money will work for you.
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June 26, 2021, 09:21:53 PM
 #68

>>
>You do not even read what people are responding to you, do you?
of course I could read. I can also debunk some of the deceitful facts from the reading. I would make this an open debate, as freedom as possible, it’s not time limited YouTube styled open debate, you do not need to end the session in two hours, you can take your sweet time, take a few days to a few weeks doesn’t need to rush, think out of the box. Also I don’t believe there would be one supportive replies existed in the thread I choose, because I purposely handpick the thread title, to purposely seeking challenge to debate, to debate something with critical thinking and think out of the box, purposely looking for a fight, if there is one supportive user, I would quickly label them as deceptive and manipulative, conditional, half baked supporter.

>I mean you just replied "you don't have to risk money and try to be rich" sentence I had with "be a pleb and risk money, it never goes wrong!!" and then said all the replies made you sure that you were right.
the briefing is very spot on, I guess you have idea what this thread is all about, and what type of random replies you would expect to receive in return.

>Jesus Christ mate, I said if you do not want to, you don't have to and you assumed I was still defending it, at least read what people are telling you.
Every replies would be entertained unless they can literally bore me out of spammy and repetitive politically pointless copy paste and proven deceptive text wall garbage.

>You have an agenda here that you want to support not taking risk with money, and you are so blinded by the agenda that you literally had to respond people who even support you with a negative comment, that is just all you care about, writing bad stuff and negative comments all over and nothing more.
that is it, as solid as the briefing sound, yup, come with strong agenda that’s against any deceptive ideology, and critically debate the same sentence again and again. To find a verdict, not to be blinded by any single word that’s trying to hide from being politically motivated, I would go as far as picking up every single use of word that’s used to construct a sentence, my point is very clear, and welcome all sort of challenges to fight it with open no time limit total freedom debate or just give up.

>You have your own idea and nobody will be able to change that but with the way you are,
the idea in this thread is very clear, my point is money is highest form of risk. You can debate all you want and make money not the highest form of risk or even go as far as to call risking money is a must have or it’s not a risk at all. Agree with my point, then make very one sided defensive point, don’t agree with my point, then make very one sided offensive point. For the point that’s partially defensive and offensive, it’s by default regards as deceptive point and should be treated as the offensive to my ideology, that’s they want to crush the point money is not risk.

>if someone actually agrees with you, they will literally switch sides and agree with other side just because you are acting like a dick to them.
To make them all the enemy, I would accept all challenges, go ahead and give your best shot, debate without picking side or having conditions or being partially on both side.
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June 26, 2021, 10:25:44 PM
 #69


You can take risk with your life, you can take risk with your computer.
But nobody would tell you to take risk with them, but they all tell you to take money risk because why?

Because MONEY is the riskiest of all risk!! They tell you to take the riskiest gambling with your life. After you take MONEY risk, you are gambling with your life and death, you loss the money the future await you is hell and death!

Never go full retard!! You can take any risk but never take risk with your MONEY!!

Fuck all the people who tell you to take money risk. Smiley
You alone have to decide what you will do...

we don't have to listen to everyone's words, risking money is a risky thing especially if the business you want to enter is not clear. make your own decisions and be prepared for all the things that happen in the future.



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June 27, 2021, 11:30:36 AM
 #70


You can take risk with your life, you can take risk with your computer.
But nobody would tell you to take risk with them, but they all tell you to take money risk because why?

Because MONEY is the riskiest of all risk!! They tell you to take the riskiest gambling with your life. After you take MONEY risk, you are gambling with your life and death, you loss the money the future await you is hell and death!

Never go full retard!! You can take any risk but never take risk with your MONEY!!

Fuck all the people who tell you to take money risk. Smiley

How dare someone to take action they cost money, it depends how you think. If you think the money you are going to spin will result in a loss, you should not take that action. all bad thoughts at the beginning will make things messy later. You should understand how it works first. at least you understand what just explained even though it all depends on your actions.

everything has its own risks, even to meet the needs of life even though there are risks, for example people who trade definitely hope to make a profit, but that risk must be borne because they are able to issue initial capital first.  a millionaire who has a lot of money can't be said that his life is immediately happy, of course they are able to dare to face risks before achieving success

The nature of one's courage will vary greatly from one to another. so if you dare to take a big risk maybe a big profit will come that you get. but it is true that we will not be able to run from the nightmare of loss that is in one's mind. At least you believe in what you will do later. don't think too much about the loss you receive that it could be a bad thing later.

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June 28, 2021, 12:55:40 PM
 #71


You can take risk with your life, you can take risk with your computer.
But nobody would tell you to take risk with them, but they all tell you to take money risk because why?

Because MONEY is the riskiest of all risk!! They tell you to take the riskiest gambling with your life. After you take MONEY risk, you are gambling with your life and death, you loss the money the future await you is hell and death!

Never go full retard!! You can take any risk but never take risk with your MONEY!!

Fuck all the people who tell you to take money risk. Smiley

Actually, I disagree with you. I do believe that you're right in saying that taking certain risks with money could result in a life of troubles and sorrows. I, however, also believe every successful or wealthy person today took some form of risk or the other before they made it this big.
The idea to making it is not just taking risks, it is in taking calculated risks. Whe you take calculated risks, then you're chances of losses are reduced to the barest minimum which is the exact opposite of taking irrational risks

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June 28, 2021, 02:06:46 PM
 #72

We become dead if we never take risks. That is the fun reality in here.
Money? it is just money, we can have it again if never stop risking our lives. And why many poor people come into crypto and risking their money? it is because they want to improve. Nobody could help but just themselves but if they never do something to help them out, they'll remain poor and soon they will die poor. Unlike, if they will invest their money there is a possibility that it could change their lives. I'd never tell them, they are on their own.



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June 28, 2021, 11:14:52 PM
 #73

~
Actually, I disagree with you. I do believe that you're right in saying that taking certain risks with money could result in a life of troubles and sorrows. I, however, also believe every successful or wealthy person today took some form of risk or the other before they made it this big.
The idea to making it is not just taking risks, it is in taking calculated risks. When you take calculated risks, then you're chances of losses are reduced to the barest minimum which is the exact opposite of taking irrational risks
if we do not consider the risk it is called reckless. reckless only rely on luck without considering many things, whether the risk can be managed properly or not that is important to try. that's a bad idea, however, we must do risk management properly, self-control well, until we know how far our safe limit is in dealing with losses. that way every step taken will be full of calculations.
there are many lucky people, but are we among them?
rather than relying solely on luck, we better learn in advance, not in a hurry, so that we can prepare ourselves to face the worst risks.

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June 28, 2021, 11:22:26 PM
 #74

~
Actually, I disagree with you. I do believe that you're right in saying that taking certain risks with money could result in a life of troubles and sorrows. I, however, also believe every successful or wealthy person today took some form of risk or the other before they made it this big.
The idea to making it is not just taking risks, it is in taking calculated risks. When you take calculated risks, then you're chances of losses are reduced to the barest minimum which is the exact opposite of taking irrational risks
if we do not consider the risk it is called reckless. reckless only rely on luck without considering many things, whether the risk can be managed properly or not that is important to try. that's a bad idea, however, we must do risk management properly, self-control well, until we know how far our safe limit is in dealing with losses. that way every step taken will be full of calculations.
there are many lucky people, but are we among them?
rather than relying solely on luck, we better learn in advance, not in a hurry, so that we can prepare ourselves to face the worst risks.
Limit is on where something you should be mindful from time to time not only limited to investment but also in other common decisions in life to be taken because when you do have this kind of behavior then you wouldnt really get easily wrecked whenever such unfortunate events would happen.Also when it comes to investment decisions then you shouldnt really have that kind of behavior on listening to others because its your money on the first place which means that you are the only ones who could make out full decisions towards your funds. Risk only on the amount that you could afford to lose.

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June 28, 2021, 11:58:15 PM
Last edit: June 29, 2021, 12:08:21 AM by AndySt
 #75

Limit is on where something you should be mindful from time to time not only limited to investment but also in other common decisions in life to be taken because when you do have this kind of behavior then you wouldnt really get easily wrecked whenever such unfortunate events would happen.Also when it comes to investment decisions then you shouldnt really have that kind of behavior on listening to others because its your money on the first place which means that you are the only ones who could make out full decisions towards your funds. Risk only on the amount that you could afford to lose.
If you do not know the limits of risk with money, then in any case, you will not have enough money for a long time  Wink Just do not forget one simple thing, that not all people have enough patience to work with small amounts of money to earn as little money when there are a lot of stories about quick enrichment around. Therefore, we can talk as much as we like about limits and about some caution, but there will always be a temptation to risk a larger amount for the sake of getting more profit. Therefore, the absolute majority of people perfectly hear the voice of their reason, but unfortunately they do not always listen to this voice, hoping for a miracle.
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June 29, 2021, 09:20:48 AM
 #76


You can take risk with your life, you can take risk with your computer.
But nobody would tell you to take risk with them, but they all tell you to take money risk because why?

Because MONEY is the riskiest of all risk!! They tell you to take the riskiest gambling with your life. After you take MONEY risk, you are gambling with your life and death, you loss the money the future await you is hell and death!

Never go full retard!! You can take any risk but never take risk with your MONEY!!

Fuck all the people who tell you to take money risk. Smiley

The thing with money is that no one will give you money for free. You need to take risks to get a return on your savings. If we look at the interest rates right now, we see that they are pretty close to 0%. Parking our money in a money market fund or in a savings account at the bank won't give us any interest at the moment. After taking inflation rate into account we are losing money each year. Buying crypto currencies is also taking a risk with our money, the same is leaving our money in FIAT currencies.
other people can give you advice, but only you can make the decision to take it or not. Everyone can encourage you to take risks, but only you can decide whether you will take those risks or not. Taking risks isn't always bad, but it does require great caution. In my opinion, big things have big risks. If you can't accept the risk, you should never approach it.

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June 29, 2021, 09:29:53 PM
 #77

If you do not know the limits of risk with money, then in any case, you will not have enough money for a long time  Wink Just do not forget one simple thing, that not all people have enough patience to work with small amounts of money to earn as little money when there are a lot of stories about quick enrichment around. Therefore, we can talk as much as we like about limits and about some caution, but there will always be a temptation to risk a larger amount for the sake of getting more profit. Therefore, the absolute majority of people perfectly hear the voice of their reason, but unfortunately they do not always listen to this voice, hoping for a miracle.
That is the problem with all the traders, people fail to see the long term and that hurts them. I believe that I will retire when I am 40 years old, that is 10 years later and I know that crypto will help me do that so I am growing my portfolio as much as I can, mostly failing unfortunately these days but I am trying my best. This doesn't mean that I have to retire in 10 years, I just want that "option" and I could retire in 20 years when I am 50. That way I am leaving myself a huuuuuge long term goal and I do not have to make money right now right away asap, many people think that way and want to make some profit that way which hurts them a ton, because they want to get rich right now, but fail.

I am not denying the existence of people who got lucky and became very rich in a few months, that did happen in crypto, but you do not have to aim for that, you can take it slow and more guaranteed in order to have less risk and more certainty.

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June 30, 2021, 06:39:20 AM
 #78

Depends on what type of risk you're talking about here.

I personally think that the biggest risk of all is the guaranteed risk of fiat depreciation over the long term. People seem to just completely ignore the inevitibility that in the long run, all the fiat cash that they hold are going to trend towards zero by virtue of their intrinsic value.

But I would still take short term risks if I am engaging in a purchase of a productive asset, say equities, or a long term store of value like gold and bitcoin. The volatility aspect of things don't necessarily matter that much as long as you hold for the long run.
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June 30, 2021, 09:06:04 AM
 #79

We only grow out of our comfort zone; risking sometimes is a great choice; it's either wins or loses, but overall we accumulate experiences and knowledge.
Money is an asset; we use it to accumulate something; just like investing in knowledge, we risk our money for no guarantee of getting a job.

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June 30, 2021, 09:08:51 AM
 #80

We only grow out of our comfort zone, risking sometimes is a great choice, it's either wins or lose, but overall we accumulate experiences and knowledge
Money is an asset, we use it to accumulate something, just like in investing in knowledge, we risk our money for no guarantee of getting a job.
But a wise person won't just go blindly when they are risking something, they are thinking before doing anything else, a lot of people seem to misunderstood risking to be successful, it doesn't mean that you go all in or not because there's a slim chance that you will make it so you have to have a back up plan that will help you to get back up.

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