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Author Topic: Coping with Risk.  (Read 1306 times)
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February 01, 2024, 11:46:00 PM
 #61

There are different risks involved in managing a physical business or investing online. It depends on the person's skills and experience in either field. Some individuals may excel in managing a business but have limited knowledge of online investments, while others may have the opposite strengths. The decision on which avenue to pursue should be based on what the person feels most comfortable with and where they believe they can achieve success. Both options are viable but come with high risks.
This is true, I know someone who have money to start up a business but he always sees himself as someone who don’t have all it takes to start up that business maybe this could be because of the kind of work that he do or because he just don’t like the stress of managing his own business, but if you bring investment ideas to him and can be able to convince him that the investment will bring in profit he will invest in them and just be expecting the reward base on how you guys agree on.

I have also seen someone whom don’t believe on anything that’s not being managed by him, like if not business that he is manage on his own he don’t risk his money to invest in anywhere he trust only but him self and he is certain of how much profit he makes from the business that he have been doing and he is okay with it.

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February 02, 2024, 12:45:03 AM
 #62

There are different risks involved in managing a physical business or investing online. It depends on the person's skills and experience in either field. Some individuals may excel in managing a business but have limited knowledge of online investments, while others may have the opposite strengths. The decision on which avenue to pursue should be based on what the person feels most comfortable with and where they believe they can achieve success. Both options are viable but come with high risks.
This is true, I know someone who have money to start up a business but he always sees himself as someone who don’t have all it takes to start up that business maybe this could be because of the kind of work that he do or because he just don’t like the stress of managing his own business, but if you bring investment ideas to him and can be able to convince him that the investment will bring in profit he will invest in them and just be expecting the reward base on how you guys agree on.

I have also seen someone whom don’t believe on anything that’s not being managed by him, like if not business that he is manage on his own he don’t risk his money to invest in anywhere he trust only but him self and he is certain of how much profit he makes from the business that he have been doing and he is okay with it.
indeed there are certain characteristics of people out there, some people just like their money working for them as an example are those angel investors that are funding various project and have intention of growing their capital through investing, indeed this might seem simple but finding project that worth investment is sometime really difficult that I don't think random people could pull of f despite having big capital to begin with but it really takes some skill to distinguish a good investment or not.
meanwhile the other that just only believe in himself for managing business otherwise he won't put a dime are the typical person that might have trust issue or having experienced being scammed in the past, fairly speaking, they are the one thats diligent in keeping the business alive but of course result will not necessarily like the expectation.

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February 02, 2024, 01:29:41 AM
 #63

We know that regardless of the prospect of any business or investment, understanding the risk involved in the business is an integral part of the consideration one should consider before venturing into the business and when it comes to bitcoin investment, it's very basic yo know that the major risk associated with it are just a few of the ones below which could either be issue relating to hacking, lost or misplaced seed phrase or possibly sending your crypto holding to the wrong address considering it irreversible nature.

In our normal business we have risk also that are damn much which could range from fire outbreak, stealing, bad market, spoilage and lots of other factor that makes starting a physical business very risky and to have high possibility of yielding great loss.

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

Without a doubt option A is the most risky out of the two options that you give, while investing is risky by itself and the risks we associate with an online activity are not small, at the same time there are many things you can do to reduce those risks and make them as small as possible.

But when it comes to a physical business you are severely limited about what you can do, as a great deal of factors are not under your control, and that alone makes running a regular business more risky than investing online.
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February 02, 2024, 02:00:43 AM
 #64

indeed there are certain characteristics of people out there, some people just like their money working for them as an example are those angel investors that are funding various project and have intention of growing their capital through investing, indeed this might seem simple but finding project that worth investment is sometime really difficult that I don't think random people could pull of f despite having big capital to begin with but it really takes some skill to distinguish a good investment or not.
meanwhile the other that just only believe in himself for managing business otherwise he won't put a dime are the typical person that might have trust issue or having experienced being scammed in the past, fairly speaking, they are the one thats diligent in keeping the business alive but of course result will not necessarily like the expectation.
For those who already have a lot of wealth at their disposal, they will no longer get tired of working because they have earned income from what they have invested and all they need to pay attention to is what field they will invest in to be able to achieve profits and not make mistakes in When choosing the type of investment they make, it is very important to have the knowledge and skills to be able to distinguish which investments are profitable or not.

If we have ever trusted someone else with the business we have but that person betrays us then it will be very difficult for us to entrust it to other people and

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February 02, 2024, 03:25:26 AM
 #65

We know that regardless of the prospect of any business or investment, understanding the risk involved in the business is an integral part of the consideration one should consider before venturing into the business and when it comes to bitcoin investment, it's very basic yo know that the major risk associated with it are just a few of the ones below which could either be issue relating to hacking, lost or misplaced seed phrase or possibly sending your crypto holding to the wrong address considering it irreversible nature.

In our normal business we have risk also that are damn much which could range from fire outbreak, stealing, bad market, spoilage and lots of other factor that makes starting a physical business very risky and to have high possibility of yielding great loss.

-snip-
There is no such thing as free money. Earning money always comes with a risk. Even though there are some "risk" free way of earning money, you aren't actually risk free. You have a regular job and earning a steady income from that job. But that doesn't mean you are risk free. There is a chance of you getting sacked. So there is the risk for you. You might find a work online, but there is a chance that the person who employed you might not pay and scam you.

-snip-
A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.[/b]
A. You have more control over your risks and losses when you run a business physically (i am guessing you mean something like a store or a restaurant).

B. It is more riskier and depens on what you are investing on. But the higher risk you take, the more rewards you might earn, but in the long run you might end up with nothing.

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February 02, 2024, 06:09:43 AM
 #66

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

I find it more risky to have a running online investment with high risk of not only hacking but also the irreversibility of transactions that could result in us losing all our asset. Physical businesses only major risk is mismanagement so it is more on human error which is the opposite of online investment operation.



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February 02, 2024, 06:52:36 AM
 #67

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

You will only be able to know which is more risky when you have done both and also the risk will really depend on the amount of money you use either for doing business offline or investing online such as buying Bitcoin, and both risks can be slightly minimized if we start with calculations being thorough, studying what can cause us to lose in both because that is one of the keys, even though we may suffer losses, it is not because we do not understand or have minimal knowledge about the business or investment we choose.
And if we can do both, why should we choose, especially if our finances support it, because by running both, it is the same as not putting all eggs in one basket or in other words, we are do diversifying.

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February 02, 2024, 07:05:44 AM
 #68

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.


Both bears a lot of risk if not properly managed. So, depending on which field of expertise you are into, then that should be the choice you should make.
Running a physical business requires thorough studies to lessen or to avoid the risks associated with it. One of the most challenging factor when building a business is how you should select the perfect location to maximize the opportunity of hitting your target market. Without enough knowledge in this field would only result to a higher risk. This same goes to when you are investing into something. Bitcoin, stocks, and other form of assets. Therefore the choices depends on how knowledgeable or expert you are whether investing your money to run a business or investing for an asset, but it would be great if you could do both, it's one way of diversifying your investments.
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February 02, 2024, 08:24:13 AM
 #69

indeed there are certain characteristics of people out there, some people just like their money working for them as an example are those angel investors that are funding various project and have intention of growing their capital through investing, indeed this might seem simple but finding project that worth investment is sometime really difficult that I don't think random people could pull of f despite having big capital to begin with but it really takes some skill to distinguish a good investment or not.
meanwhile the other that just only believe in himself for managing business otherwise he won't put a dime are the typical person that might have trust issue or having experienced being scammed in the past, fairly speaking, they are the one thats diligent in keeping the business alive but of course result will not necessarily like the expectation.
For those who already have a lot of wealth at their disposal, they will no longer get tired of working because they have earned income from what they have invested and all they need to pay attention to is what field they will invest in to be able to achieve profits and not make mistakes in When choosing the type of investment they make, it is very important to have the knowledge and skills to be able to distinguish which investments are profitable or not.

If we have ever trusted someone else with the business we have but that person betrays us then it will be very difficult for us to entrust it to other people and
In fact, people who have a lot of assets will be more aggressive in expanding their business and because they have enough capital they can have more freedom in doing everything and of course people like that have a lot of experience so their percentage can take greater profits and they also understand about things that can minimize risks.

Trust in a business is quite difficult to gain, but there are many ways you can avoid bad experiences that have occurred.

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February 02, 2024, 11:51:27 AM
 #70

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

Venturing into something you have no experience, knowledge and no one to guide you will increase the risk you stand to face and your chances to fail or victim a victim of loss.

If you just choose a business to start and a location to establish the business, and you did not make proper enquiries about the business you are starting, the challenges involved and security situation of the place where you are establishing the business, so you can know the security measures to use, you have increased risk in your physical business and reduced your chances of profiting well. If it is online investment, and you are not aware of the risk, you have made it more risky for you.

A business person with more knowledge on physical investments will consider it less risky to online investment where he has no real idea, and likewise an online investor.

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February 02, 2024, 01:33:40 PM
 #71

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

I find it more risky to have a running online investment with high risk of not only hacking but also the irreversibility of transactions that could result in us losing all our asset. Physical businesses only major risk is mismanagement so it is more on human error which is the opposite of online investment operation.

I think actually for the risk problem both of these things are risky and for the risk problem depends on each individual who controls and who runs it, maybe we already know that to run an investment or physical business requires us to take risks and only each person knows about how big or high the risk they can take. But if you are questioning the risk that cannot be avoided in the sense that it is not done intentionally by the people involved then maybe I will agree with you that the possibility of greater risk is in online investment because with the development of the technological world that has become increasingly modern, it allows many parties to try to find ways to benefit themselves at the expense of others or that means the possibility of hacking to take over investment assets is greater and usually if this happens then most likely the victim will lose all his money without a remainder and it is very difficult to achieve recovery.

And for the problem of physical businesses I understand that many competitors may be superior because the competition in the business world is quite tight but when it comes to physical businesses then maybe like you said that this is more often the result of mismanagement, it could be due to not having a qualified understanding or other things and if they go bankrupt then it doesn't mean they lose everything because surely at least there will still be some goods or products that can be utilized.

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February 02, 2024, 03:55:16 PM
 #72

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

Risk exists in all activities specially when any financial activity involves to it. To run a business, one must take risks. Business with profit and loss. Risk must be addressed in all cases. It is impossible to say for sure which business you will do because in all areas people are making gains as well as losses in all areas. So when you want to run a physical business, you first need to know what the demand for a product is like in your local area, and also look at how your competitors are doing there. It depends on everyone's personal opinion which one you can do well in. I hope you will do well in all offline and online businesses if you manage your business wisely.

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February 02, 2024, 04:05:48 PM
 #73

I find it more risky to have a running online investment with high risk of not only hacking but also the irreversibility of transactions that could result in us losing all our asset. Physical businesses only major risk is mismanagement so it is more on human error which is the opposite of online investment operation.
Technically it's reversible because you're invest in a centralized site, irreversible is different to full control.

Nah, if mismanagement is the major risk, I believe many businesses are successful because most businessmen are hard worker and high knowledge. It's mostly comes from external where you can't control.

Robbery, black magic, beggars, mafias, scammed by own employees, people burn your company etc, that makes you need to take unnecessary losses.

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February 02, 2024, 04:29:42 PM
 #74

I find it more risky to have a running online investment with high risk of not only hacking but also the irreversibility of transactions that could result in us losing all our asset. Physical businesses only major risk is mismanagement so it is more on human error which is the opposite of online investment operation.

I don't know how you understand about online investment so that you start talking about such huge risks and then compare them with the risks of physical businesses managed by humans themselves. You need to know that every online investment is also managed by humans and usually it is the owner himself in a wallet that is well guarded, so even if there are bad things such as hacking.

I think this is just a disaster that can happen to anyone as long as their work is closely related to the internet, so every mistake always comes purely from the person himself and is a matter of risk. I think this is always present in all jobs so everyone just needs to understand it and try to be ready to deal with it if it happens in their work.

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February 02, 2024, 10:48:57 PM
 #75

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.

Both have similarity and it just depends on the person that manages a whole thing. There will always be a risk watching you by doing the business and you can't deny that. But, how they manage the risk for each person is varies and some people would find it really easy to tackle the problems and risk but the risk would find it really difficult.

Both could end you up to bankruptcy if you are not careful with anything surround you and you don't really specify what's the type of online investment are we talking about? Is it crypto, stock market, or online business? They are different.

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February 03, 2024, 02:51:50 PM
 #76

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.


In my opinion every single business possess a risk and you will be successful only in that field about which you know better, you can manage it easily, and you have experience in it. In business sometimes you will win and sometimes you will loss because a continues profit is rare in both online investment and physical business.

If a person is expert in carrying a physical business then he can get lots of profit by doing it otherwise if an unexperienced person initiate any type of business whether online or physical he will face large loss. But another suitable option is to get knowledge about both and then initiate both with little sum of money so in a case when bad days comes in any one business you can take profit from another one but the main thing is experience and management system that can help you to make profit.



 

 

 

 

 

 


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February 03, 2024, 04:26:46 PM
 #77

I think that the risks don't have to do with it being an investment or a business. Investing in a random, highly volatile asset can be riskier than opening a small photo studio business, for instance. However, investing in something like gold is safer than starting out a business in an industry which you don't know and/or in a country where it's unsafe to do business.
But online investment is less time-consuming than running an actual business because you can just buy and hold an asset, but you really need to be involved to run a business.

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February 03, 2024, 06:08:24 PM
 #78

There is no risk of going without any such work.  And if you want to do any work, you have to take risks.  No one can say with certainty that physical work or virtual work is better or worse.  If you can do well, you can do well in any business.  Many are facing investment losses in physical work while others are doing great.  Many people are victims of scams by investing in virtual work & many doing well.  Now tell me how to determine which one is good to invest in and which one is bad to invest in.

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February 03, 2024, 07:30:49 PM
 #79

We know that regardless of the prospect of any business or investment, understanding the risk involved in the business is an integral part of the consideration one should consider before venturing into the business and when it comes to bitcoin investment, it's very basic yo know that the major risk associated with it are just a few of the ones below which could either be issue relating to hacking, lost or misplaced seed phrase or possibly sending your crypto holding to the wrong address considering it irreversible nature.

In our normal business we have risk also that are damn much which could range from fire outbreak, stealing, bad market, spoilage and lots of other factor that makes starting a physical business very risky and to have high possibility of yielding great loss.

so my question is, which is more risky?

A). Running a physical business that has a whole lot of risk associated with it or

B) running an online investment with high risk of hack that could result in you loosing all your asset.


Risk is risk in as much losses is involved, that is where risk management comes in, venturing in to any one as listed required you to have a good knowledge on how to manage the risk, it is this knowledge that differentiate individual on their choices of taking the risk. The risk you take in running physical business base on your understanding of the management can't be for Mr. A.  likewise person who have the knowledge of managing online business or investment. What you consider high risk to some with understanding of it management can be regards as low risk. In my opinion it's base on one understanding and management, no one is most preferable, is tide down to individual choices .

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February 03, 2024, 07:58:09 PM
 #80

Both have actually high risks most especially if you are still a newbie in your investment. You are still prone to wrong decision making that would make your investment to fail instead of seeing it growing. However, if you know how to manage your investment, be it offline or online, you will find ways on how to overcome those risks, or at least minimize them.

While diversifying is a good idea, I believe it takes time to learn both investments and the amount of capital might be huge and hard to achieved. But if you are seeing potentials on them both, of course you will take the risk and do everything just to cater both investments and make them completely work.

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