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Author Topic: The most risky adventure you must avoid  (Read 723 times)
Mpamaegbu
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October 09, 2023, 04:09:32 PM
 #41

Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
Well, it surely did get my attention because I said to myself, "what the heck? Business/trading isn't an adventure" immediately I read the caption. A risky adventure would be something like crossing a busy highway without first checking for incoming vehicles. It's a needles one, anyway. By the way, that genre is called business because it keeps us busy.

Pedantically, business shouldn't be classed as an adventure. If you talk of it being risky, yes. However, the type of risk it should be associated with has to be one thought out before embarking on the venture. Everything life offers come with a certain amount of risk. Do we indulge all? No, of course. We pick the ones that suit our appetite and temperament. Like you rightly submitted, it's risk on its own not taking risk. So, we choose our risk and try to conquer them. That's how man survives and makes a living.

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October 09, 2023, 06:59:10 PM
Last edit: October 09, 2023, 07:22:49 PM by Fatunad
 #42

Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
 However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY  not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.

Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.

 To know more and gain more experience requires taking some risk that will help you learn. As a trader, just reading without practicing what you have learnt which involve some level of risk does you no good than having an ordinary head knowledge.
 Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.

This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk


The greatest RISK is not really getting any RISK on which this turns out to be a known word and something that not all really that bothered on following into and really just going into the safe side but in exchange then they didnt really make out any progress in their life and this is why we do really see different situations and conditions comparing into those people who do take risks and to those who didnt. Yes, its recommendable because we wont really be that progressive if we wont really be taking up some step further. The issue on here is that not all would really be having that courage on doing such thing and this is why they have decided that they would really be contented on what they do currently have on which its not bad because we cant really be able to force them on what are the things that they should do since its their own lives then it would really be just that their right on what are the things that they would really be involving. It is really just that depending on you which things you would really be tending to get involved with. If you do love a life on having that kind of situation on which you could really be able to buy that you do want then you should really make yourself that do extra work and extra risks because if not then you wont really be seeing yourself anytime soon.

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October 09, 2023, 07:23:51 PM
 #43

In the bitcoin market volatility range, basically the trading risk is down to 0 even though you read the possibility is very small. And all external factors can contribute to the risk, for example the security of the exchange itself. That's why the calculated risk is that all the money you put in is a total risk. In short, “trade what you can afford to lose”.
Bitcoin's volatility is so high and that makes it a very risky coin. The more the risk we face if we are doing trades. So I don't know if where you got that zero risk of yours. There are no zero risks when it comes to making money in the crypto world, and I think Bitcoin won't be volatile in its own if without the factors that surrounds it like for example; the demand of the public. The demand can also be affected by the news and others.

I think it's possible to calculate the risk but it may not be totally accurate. So that's right that in order to not regret just in case we lose all our allocated capital, it's better to just use the money that we can easily lose.

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October 10, 2023, 01:22:47 AM
 #44

Stop loss in trading is very important, especially if we trade futures, to prevent further losses. Even in long-term investment matters, we have to have a plan where we have to be brave enough to make decisions if something undesirable happens. Regarding the sustainability of investment, for every risk that exists, we must have a perfect counter plan.
We must always assume that things are not going to go our way, this way when this inevitably happens we are going to be ready for it and take the necessary countermeasures, however many people do not like this approach as they think such a person is just being negative without reason, but it is precisely when things take a turn for the worse when the preparations of that person will shine, and their ability to recover even from the most difficult circumstances will allow them to continue unhindered towards their goal.

Maybe for some people this is not a good choice or they are too gambling in every step without knowing the limits of an opportunity. Therefore, it is better for us to limit every step as a prevention of worse events. I'm sure pro traders, even well-known stock investors, have plans like that to save their assets.

Stop loss usage has absolutely nothing to do with whether you trade futures or not - why should it?
Stop losses are a standard tool in any sensible trading strategy. Anyone who says otherwise has never traded.

I put stop losses in almost every trade. If the trade is already positive, the limit is moved up until I reach my desired target. If the trade becomes negative, a sensibly set stop loss saves me from losing too much money - or coins, of course.

That's a good routine in my opinion. Hopefully many of us will imitate your positive things in every trade we make.


Especially for long-term investment matters, of course, it will use a variety of strategies.
Not only one strategy, of course, there must be a backup strategy to back up the first strategy so that it still works according to the desired path even though it is not perfect.

The trading method used the safest is spot trading, but this also depends on how one does it and how well mastered the trade.


I agree with your voice regarding spot trading. Spot trading just requires patience and discipline. Make a technical analysis then every time we have money we enter it at certain levels that have been set and wait until the profit reaches the target. Of course, this will seem boring for daily traders, but in terms of investment, long term trading is still the leading category for pro traders. in reaping huge profits.

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October 10, 2023, 02:04:42 AM
 #45

````that it is MOST RISKY  not to take risk.

You see, life itself is a bit of a gamble, right? I mean, even when we're just chilling in our room, there's still that tiny chance we won't wake up the next morning. It's like a constant game of risk we're playing. We all have dreams and ambitions, and if we're not satisfied with where we're at right now, we've got to take steps to improve our financial situation.

Now, when it comes to making those improvements, it often means venturing into the world of trading, especially here in the crypto space. We're all here talking about these opportunities that can seriously boost our financial well-being. But here's the thing, my friend, it's not just about taking any old risks. It's about being smart, about taking what we call 'calculated risks.'

In other words, it's about doing your homework, analyzing the market, and making informed decisions. It's not about blind luck, but rather understanding the game and making choices that give us the best odds. That's the way to make those dreams of a better life come true.

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October 10, 2023, 03:01:53 AM
 #46

Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
Well, it surely did get my attention because I said to myself, "what the heck? Business/trading isn't an adventure" immediately I read the caption. A risky adventure would be something like crossing a busy highway without first checking for incoming vehicles. It's a needles one, anyway. By the way, that genre is called business because it keeps us busy.

Pedantically, business shouldn't be classed as an adventure. If you talk of it being risky, yes. However, the type of risk it should be associated with has to be one thought out before embarking on the venture. Everything life offers come with a certain amount of risk. Do we indulge all? No, of course. We pick the ones that suit our appetite and temperament. Like you rightly submitted, it's risk on its own not taking risk. So, we choose our risk and try to conquer them. That's how man survives and makes a living.
Lol, same to me as well. I think it's quite obvious that these type of headlines are the things that people use when they are dealing with newspapers as well. If you are a journalist, and you write online instead of paper, then you write these type of headlines to your article to get peoples attention, they are called clickbaits as well.

I would say "adventure" is something else and should be considered a bit different in the end, risky and adventure are not the same things I agree with that but that doesn't mean that it doesn't mean that we can't really do something that could change it all that long. I hope that the best thing we can do about this is to realize it's an adventure of a life time in that sense, but risky as well.
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October 10, 2023, 04:01:28 AM
 #47

To be successful as a businessman we must take risks, if we can risk our lives to ride the world's most terrifying roller coasters, why can't we risk money to succeed in life? 
Wise people say take money risk instead of life risk because money risk can change your life. 

When Elon Musk first sent his satellite to the moon but the first time he did not succeed. He failed three times but he did not give up. The fourth time he successfully landed his rocket on the moon. Elon Musk would not have succeeded if he had failed first and not taken risks later. 

As many people who have succeeded in business we don't just look at their success we have to see the real story behind their success, behind everyone's success there is a story of failure and those who overcome that failure and take risks are the ones who eventually become successful.
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October 10, 2023, 04:10:45 AM
 #48

I think it's possible to calculate the risk but it may not be totally accurate. So that's right that in order to not regret just in case we lose all our allocated capital, it's better to just use the money that we can easily lose.

Absolutely, you hit the nail on the head there. When you don't calculate the risks, it's like going in with this unwavering belief in your success rate, almost like relying solely on luck, which isn't the best strategy. Luck tends to be a fickle friend, it can't always be on our side, and if we rely on it too heavily, we're likely to end up losing our money. All our efforts would go to waste, and we'd just keep failing. That's why it's crucial to take calculated risks and make informed decisions, especially in areas like gambling or investments.

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October 10, 2023, 09:13:30 AM
 #49

I think it's possible to calculate the risk but it may not be totally accurate. So that's right that in order to not regret just in case we lose all our allocated capital, it's better to just use the money that we can easily lose.

Absolutely, you hit the nail on the head there. When you don't calculate the risks, it's like going in with this unwavering belief in your success rate, almost like relying solely on luck, which isn't the best strategy. Luck tends to be a fickle friend, it can't always be on our side, and if we rely on it too heavily, we're likely to end up losing our money. All our efforts would go to waste, and we'd just keep failing. That's why it's crucial to take calculated risks and make informed decisions, especially in areas like gambling or investments.

You have to follow whatever the setup that you create, limiting everything in terms of time and money when you are inside gambling
is very important, it gives you the chance to complete the enjoyment.

I mean, either you win or you lose if you set up your limitation and not to allow yourself to exceed from it will be just a fine day for you after playing.

You can quit/stop without any regrets that you lose too much or if you manage to quit while you are still in positive then it will add up
with the fun that you experienced after playing.
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October 13, 2023, 06:20:00 PM
 #50

Though it's true that one needs to take at least some amount of risk in order to gain something because as they say, there is no gain without risk. However, I believe venturing into the uncertainty and taking calculated risks are contradictive sentences because one cannot take calculated risks when they are venturing into the uncertainty, and when you venture into the uncertainty, that means that the risks you are about to take are also uncertain so there can't be any calculation in that sense.

Taking trading as an example, a calculated risk would be investing in a cryptocurrency that you know has been performing pretty well for quite some time and it is now lower than usual, when you invest in that, you are risking your money but it's calculated since you know there are higher chances of it giving you profit. On the other hand, if you buy a cryptocurrency that has just been launched and there is no history for it, and all you are risking your money on is the trust you have in the project and that's it, now that is what we can call venturing into the uncertainty and there is basically no way you can calculate the amount of risk in this case.

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October 13, 2023, 06:29:32 PM
 #51

I get your point here. Even if we don't totally lose money because we don't take a risk, but the profit potential if we don't take risk will be lost.

Others are negative minded, who are very afraid of losing money  which is what will prevent them from taking risks. But if we have enough knowledge on the things that we do, we can minimize the risk.

Honestly, if you're not taking risks you will stay what you are but if you take a risk you will go far in life. This is true to life.

Without risks, we can't reach to a position where the top people are. Maybe things will be going better, but in the place we have in mind, it would be very difficult for a person to reach that position without taking risks.

If someone doesn't take risks we don't say that they are negative-minded or they just don't know about trading, sometimes a person has more burdens on him in his daily life or his family, For example, if a person has some problems in money, so definitely he like to invest, trade, etc. but he can't take risks as he couldn't take risk at this time. Also, about a field, thing, etc. we have to gain much knowledge about that. In this way taking the next steps will be easy for everyone.

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Twentyonepaylots
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October 13, 2023, 07:25:18 PM
 #52

Though it's true that one needs to take at least some amount of risk in order to gain something because as they say, there is no gain without risk. However, I believe venturing into the uncertainty and taking calculated risks are contradictive sentences because one cannot take calculated risks when they are venturing into the uncertainty, and when you venture into the uncertainty, that means that the risks you are about to take are also uncertain so there can't be any calculation in that sense.
I agree, it's contradictive statement because you can't calculate risks with uncertain situations. It is true that there should be always a risk in order to gain success, but wouldn't it be good if the risks are calculated? you don't need to walk in room with the lights off, you can definitely read the room and study how are you able to cross that room.

Taking trading as an example, a calculated risk would be investing in a cryptocurrency that you know has been performing pretty well for quite some time and it is now lower than usual, when you invest in that, you are risking your money but it's calculated since you know there are higher chances of it giving you profit. On the other hand, if you buy a cryptocurrency that has just been launched and there is no history for it, and all you are risking your money on is the trust you have in the project and that's it, now that is what we can call venturing into the uncertainty and there is basically no way you can calculate the amount of risk in this case.
But isn't it in trading there is no calculated risks? I mean yes we can manage the risk but it is not measurable, often happens to be the exact same way as we plan it? Indicators might be useful to know the risks of investing or trading but these indicators aren't accurate at all. In my opinion, cryptocurrency trading isn't for the safe player, I've witnessed it all and heard some of the most breaking stories on crypto taking risks they thought is fine, and ended in cruel way.
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October 13, 2023, 07:52:52 PM
 #53


Absolutely, you hit the nail on the head there. When you don't calculate the risks, it's like going in with this unwavering belief in your success rate, almost like relying solely on luck, which isn't the best strategy. Luck tends to be a fickle friend, it can't always be on our side, and if we rely on it too heavily, we're likely to end up losing our money. All our efforts would go to waste, and we'd just keep failing. That's why it's crucial to take calculated risks and make informed decisions, especially in areas like gambling or investments.

Not all risks can be calculated, as life often likes to present various unpleasant surprises - for example, health problems or problems with loved ones. And in this case, the whole well-constructed plan starts to fall apart. It is always necessary to take into account that any situation is possible. Life can be cruel
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October 13, 2023, 07:54:32 PM
 #54

Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
 However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY  not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.

Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.

 To know more and gain more experience requires taking some risk that will help you learn. As a trader, just reading without practicing what you have learnt which involve some level of risk does you no good than having an ordinary head knowledge.
 Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.

This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk


Having no risks taking decision wouldnt really be making yourself that having no progress or doesnt really have the chance for you to make yourself that being successful and would really be that stagnant.
We do know that it isnt really that something so simple though because taking risks does involved on losing money too but since you are aiming for something better then it would really be just that normal that you would really be needing to take risks and if not then you wont really be gain nothing. Its true that this isnt really that just limited on investment or trading purposes or area but also in other things in life
on which it would really be needing up for us to make some good decision making and assessment whether we should act or would really be that sitting idle.
We do know that in order to have that progress then it would really be just that normal that you would really be needing to have those typical actions and considerations that you should be making.
Sitting still and doesnt really do something will really be leading to nothing.

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October 13, 2023, 09:06:27 PM
 #55

Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.
Some risks cannot be really calculated, no matter what you you bargain for before taking the risk, you will find some things more, that make it more risky. The mindset of a risk taker should be not to expect an easy risk, but to be  prepared for whatever happens with a courage to see it to the end. Calculating the risk before you take it is good but can also make a potential risk taker change their mind because they think they do not have what it takes to pull through after considering and calculating the risk they are about to take. Be courageous when taking risk.

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October 13, 2023, 09:30:29 PM
 #56


Some risks cannot be really calculated, no matter what you you bargain for before taking the risk, you will find some things more, that make it more risky. The mindset of a risk taker should be not to expect an easy risk, but to be  prepared for whatever happens with a courage to see it to the end. Calculating the risk before you take it is good but can also make a potential risk taker change their mind because they think they do not have what it takes to pull through after considering and calculating the risk they are about to take. Be courageous when taking risk.

Sometimes your situation cause the risk taking in your life,mostly due to huge expenses caused by your parents or grand parents.You are forced to earn more money from different sources.So the risk get into you by the emergency situation.The risk in your life give us the more lesson and build ourself to the good way.Mentally you become the stronger person as compared to the normal people.The calculating the outcomes of the risk before taking the risk help us to keep some backup plan before risk taking.

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October 13, 2023, 10:37:43 PM
 #57

Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
Well, it surely did get my attention because I said to myself, "what the heck? Business/trading isn't an adventure" immediately I read the caption. A risky adventure would be something like crossing a busy highway without first checking for incoming vehicles. It's a needles one, anyway. By the way, that genre is called business because it keeps us busy.

Pedantically, business shouldn't be classed as an adventure. If you talk of it being risky, yes. However, the type of risk it should be associated with has to be one thought out before embarking on the venture. Everything life offers come with a certain amount of risk. Do we indulge all? No, of course. We pick the ones that suit our appetite and temperament. Like you rightly submitted, it's risk on its own not taking risk. So, we choose our risk and try to conquer them. That's how man survives and makes a living.

Well, to be honest, I see beginners in the crypto community still buying Bitcoin despite the fact that they don't fully comprehend it. They merely act in this manner because they observe or hear about it in the news on TV and believe that Bitcoin will eventually reach a high value.

But even so, if we don't give something we believe in a chance, how will we ever know how it will turn out? Then, if we think that the only way we can make money off of our investments is if we have the guts to take the risk that most others are afraid of and worry about, then we can be sure that nothing will change in our current careers or in our personal lives.

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October 14, 2023, 10:00:05 AM
 #58


Some risks cannot be really calculated, no matter what you you bargain for before taking the risk, you will find some things more, that make it more risky. The mindset of a risk taker should be not to expect an easy risk, but to be  prepared for whatever happens with a courage to see it to the end. Calculating the risk before you take it is good but can also make a potential risk taker change their mind because they think they do not have what it takes to pull through after considering and calculating the risk they are about to take. Be courageous when taking risk.

Sometimes your situation cause the risk taking in your life,mostly due to huge expenses caused by your parents or grand parents.You are forced to earn more money from different sources.So the risk get into you by the emergency situation.The risk in your life give us the more lesson and build ourself to the good way.Mentally you become the stronger person as compared to the normal people.The calculating the outcomes of the risk before taking the risk help us to keep some backup plan before risk taking.

What I understand when people dare to take risks with the possibility of smaller than success will allow someone to think more critically with what they do and accept the impact if he does not succeed in accordance with his plan and expectations, but people who take risks will have more probability of getting the goal What he wants, because he will always be demanded to learn and understand even if they have failed in previous times.

Sometimes we have to distinguish careless people and people who dare to take risks, of course, people who take the risk of thinking more about the possibility of the decisions taken, compared to people who are careless in making decisions both in trade or other things.

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October 14, 2023, 12:03:38 PM
 #59

Well, losing is so painful but we also remember that no risk, no gain. No matter what kind of investment we have to start, risk is still there and we can possibly lose time especially if we don't manage too carefully. It was very clear to us that no investment that has no risk and no way we can avoid it. The more we become afraid to face reality, the more we lose our courage and hope. In order to improve our living and reach our goals, we must have to take risks and we are obliged to do that otherwise, we'd rather stop thinking about our goals.

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October 14, 2023, 07:53:42 PM
 #60

Well, losing is so painful but we also remember that no risk, no gain. No matter what kind of investment we have to start, risk is still there and we can possibly lose time especially if we don't manage too carefully. It was very clear to us that no investment that has no risk and no way we can avoid it. The more we become afraid to face reality, the more we lose our courage and hope. In order to improve our living and reach our goals, we must have to take risks and we are obliged to do that otherwise, we'd rather stop thinking about our goals.
The question we need to always ask ourselves before we take any decision is if the risk we are taking is justified when compared with what we are trying to gain? Because if that is not the case then we are making a bad business even if we were to win, it is because of this that investing in shitcoins is always a bad decision even if you were to get good results, as if you keep doing this then sooner rather than later you will fail and you will lose whatever money you won plus a great deal of your capital as well.

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