The benefits of risk taking

[eightdots]

From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Great entrepreneurs and businessmen do not take risks without calculating them.  They don't just get into risky situation without knowing how they can minimize and get through it.  There is no benefit in taking risk blindly.  Most of the time if one is taking risks blindly, they end up in a loss.  Great entrepreneurs and businessmen is always cautious in their business venture.  They often identify the risk involved, think of a plan for minimizing that risk, and make a fail-safe tactic if things go out of their hands.

In short, it is not the plain risk-taking that has benefits but rather an intelligent approach to calculating risk and minimizing it that has huge benefits.  It is not the courage to face risk that gives benefits but rather the ability to minimize or control the risk involved in a venture.

Perfectly said. One who takes risk cannot guarantee success, but one who prefers calculated risk over high risk will most likely end having a successful venture. Although taking risks are said to be the gateway to one’s progress and profitability, but taking risk blindly is nothing but could end up into a worst nightmare.

Life is as full of risks. Your decisions are not guaranteed the right ones, and may only cause you future failures. But if you know how to manage those risks without compromising yourself, and take them cautiously, most likely you will achieve your end goals. This is same with trading. If you are not good in managing your greed and emotions, you will never become a successful trader throughout the process.

Risks should be taken in many places, but taking risks without making calculations would not be the right behavior. When you take risks by making calculations, you can reduce your risk level a little more and this will contribute positively to you. Great entrepreneurs and businessmen can be taken as examples in risk management and risk calculation.

As you said, risk does not guarantee success, and risk calculation provides benefits that will ensure success. Taking risks blindly is especially dangerous. Therefore, it is always more useful to examine and calculate risk factors.

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[boyptc]

It is impossible to gain without risk.

Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

You must invest to achieve something. Because by investing only you will get return otherwise your situation will not change. So taking risk is the first step to success. this is why a term is called no risk no gain. If those who take a big risk by investing in crypto succeed, it changes their financial situation a lot.  Which can even change someone's life. But those who are afraid to invest considering it a risk always fall back

It's the same with studying and learning a new skill.

We invest our time and money for it in exchange for having that gain to learn something new and gain those skills. It's always the exchange that we're having.

[2Pizza410000BTC]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Risk is a very difficult meaning. Those who cannot take risks in life cannot succeed in any work. Before doing anything in life, a person must take risks. Those who have taken risks to change their life or to succeed in any work have achieved a lot of success in life today. In every case you have to take risks. If a man doesn't take risks he lives his life depending on his luck then he can never succeed he has to live in failure all his life. There are risks involved in every business and investment. We invest in Bitcoin and invest in unique coins. Here is definitely the highest era. If we can take risks everywhere, we can definitely succeed from investing and trading. So I want to say that to live as a human being and to achieve success in life one must take risks and learn to take these risks only then you are successful.

[Essential10]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

It is natural that there will be various obstacles in the way of life. Risky does not necessarily mean bad direction. There is a proverb we all know, 'No risk no gain'. As we grow up from childhood and enter the workforce after completing education, each day passes through a circling. In such a circle in working life, it seems that nothing has been done in such a way in life. I think that in order to move forward in life, big risks must be taken, whether it is in business or investing in crypto-currencies, without taking risks, it is not possible to actually move forward. If we move forward in our personal and professional lives by taking risks, good things await us in the future. So, instead of shying away from risk, embrace it and see where it can take you. We should remember, all great achievements often require great risks.

[poodle63]

Risks should be taken in many places, but taking risks without making calculations would not be the right behavior. When you take risks by making calculations, you can reduce your risk level a little more and this will contribute positively to you. Great entrepreneurs and businessmen can be taken as examples in risk management and risk calculation.

As you said, risk does not guarantee success, and risk calculation provides benefits that will ensure success. Taking risks blindly is especially dangerous. Therefore, it is always more useful to examine and calculate risk factors.

risk calculation by any mean, doesn't necessarily guarantee success, thats not true because risk calculation is just mitigating loss and that is, the after math, business is still losing but only mitigated so the loss won't be huge, but it also means that the profit or success that can be achieved also reduced, that always the case with risk calculation, managing risk so that it won't become too risky also means limiting the profit that we gonna gain, same thing with trading, the principle is overall the same.
but overall it does help a lot when we are trying to venture into something new, just like in business, venturing into other field by acquiring new companies, we also need to take risk into account, otherwise the risk might eat up entire company capitals, that has always been the case, there's just no way to ensure success 100%.
if there's anyway or at least someone have the way to ensure success, they'd been trillionaire but truth is, even big companies that have so many manpower to make risk assessment and calculation still experience failure.

[arwin100]

It is impossible to gain without risk.

Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.

[junder]

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.

Basically everything has its own risks. including what you said regarding work, indeed if we make a mistake it is possible that what will happen is a warning and after that dismissal. This could happen if the problem we are doing can no longer be tolerated by our superiors. What you say is correct, companies can replace their workers at any time, even if a worker leaves the company, there will probably be a replacement quickly because there are definitely people who are looking for work to earn income.

but sometimes we do need to take risky actions, but we have to be able to see what is being done, if it doesn't have to be done then don't do it, except in business where sometimes you have to take risky actions, as long as the aim is for good such as profit which can be predicted, also taking risks does not mean it has to be done carelessly, of course we also have to consider it as best as possible.

[boyptc]

It is impossible to gain without risk.

Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.

Oh, you're right.

I've forgotten that this pandemic that we've gone through. There were a lot of layoffs that have happened and that's why there is no assurance that you'll get permanent jobs.

And on some occassions, if the company wants to fire you, they'd do something against your will that they'll do it no matter what loyalty you show to them and how tenure you are.

This is the sad truth in being employed and that's why you have to upskill and gain more of it.

[barisbilgili]

Basically everything has its own risks. including what you said regarding work, indeed if we make a mistake it is possible that what will happen is a warning and after that dismissal. This could happen if the problem we are doing can no longer be tolerated by our superiors. What you say is correct, companies can replace their workers at any time, even if a worker leaves the company, there will probably be a replacement quickly because there are definitely people who are looking for work to earn income.

but sometimes we do need to take risky actions, but we have to be able to see what is being done, if it doesn't have to be done then don't do it, except in business where sometimes you have to take risky actions, as long as the aim is for good such as profit which can be predicted, also taking risks does not mean it has to be done carelessly, of course we also have to consider it as best as possible.

What we do certainly has risks, but we also do our best to minimize these risks.
Regarding the mistakes we make that result in being fired, it is not a risk in my opinion, but the mistakes or negligence we make that result in losses if we are fired from the company.

This is different from risk in business, risk in business is something we do to seek profit so it will be inversely proportional to our goals if the path we take does not go as it should.

[bettercrypto]

It is impossible to gain without risk.

Unless you go traditional and be employed, that's one way to gain and at the same time you inherit from your parents or grandparents, that's another one. Otherwise, it's true that you can't gain anything if you don't take a risk.

There's still a risk for employment you can get kick out of your job if you commit mistake doing your daily task if that case happen for sure you get broke and its easy for the company to replace you since there are so many job hunter seeking for job and they can choose easily with those applicants to fill the vacancy when you are out of your assigned area. On inheritance you might not get any risk if you are solo to inherit those asset. But if you have greedy siblings for sure this will not ve so easy for you and might you might peoceed on legal battle where you have a chance to lose or get less.

That's why everything do have a risk and its up for us on how we can minimize such thing so that we can avoid to get a problem also we can easily overcome what challenges might come to us. We should remember that no risk no gain but we also need to be aware about bad consequences so we can avoid to do wrong decisions in life.

Because the issue of risk is very broad, especially if it is an issue of benefits that can be obtained here, that is probably the business, of course. It is said that if you are a risk-taker in business, it is also possible for you to succeed in business if you are patient and manage your business correctly.

It is said that big capital equals big income and small capital equals small income; this is the cycle of our traditional business in the society we belong to.

[CageMabok]

Because the issue of risk is very broad, especially if it is an issue of benefits that can be obtained here, that is probably the business, of course. It is said that if you are a risk-taker in business, it is also possible for you to succeed in business if you are patient and manage your business correctly.

It is said that big capital equals big income and small capital equals small income; this is the cycle of our traditional business in the society we belong to.

An income cycle that is based on a certain amount of capital is a very normal cycle because that is generally how it is in everyone's life. So everyone continues to compete to get more capital so they can generate bigger income because in terms of business, you really need more relationships and a wider network so you can easily get a number of profits even though you have to finance it with bigger capital. So apart from having to be able to understand the risks in business and have the courage to take them to run a business, each of us also needs to understand where we should target to increase profits.

[MarjorieZimmermanGinger]

An income cycle that is based on a certain amount of capital is a very normal cycle because that is generally how it is in everyone's life. So everyone continues to compete to get more capital so they can generate bigger income because in terms of business, you really need more relationships and a wider network so you can easily get a number of profits even though you have to finance it with bigger capital. So apart from having to be able to understand the risks in business and have the courage to take them to run a business, each of us also needs to understand where we should target to increase profits.

Apart from that, we have to understand the basics of the business we are running or know the market segment we want to target because sometimes people's business development is not on target, making it difficult for them to develop. Developing a business requires capital and the amount of capital we will use really depends on the business we want to build. Talking about risk, it's not only in business, but wherever we are, there will always be risks that we will face.

Identify the business you want to develop and make careful plans so that we can reduce the level of risk that will occur. People have to consider many things before running a business because not everyone has the ability to develop. If the skills, relationships and capital we have are not comparable then it will be difficult to develop the business to be more advanced.

[salad daging]

Many people hesitate to take risks for fear of failing and not being able to come back again, so when people do not dare to take risks, there will be no change in the business they run.

All we know is that taking risks for a benefit must be done so that you can get out of the usual zone to a new one and even this increases your chances of making a profit from it you can become rich because taking risks is of course behind it all there is a calculation because if you take risks without any basis that you know is the same as failing.

The same thing when you invest in bitcoin then there is a high risk: market fluctuation, volatility, but from all that we know more benefits of taking profits after you take the risk of investing in bitcoin.

[God bless u]

Taking risks ultimately lower the amount of hard work and planning while it multiplies your chances of instant richness but the point here is when you should take risks?

Why is that so? Taking risk doesn't contradict hard work done in advance and a planned decision. Taking risks does not mean acting at random. It means accepting the fact that you may make a mistake and that things won't go according to plan, but the potential gain is worth it. And the bet is made precisely on the fact that in the case of a positive version of the development of events, the risk will be fully justified.

Yeah what you said is good but nowadays it doesn't fit the scenario. Hardwork always pays off but today when you do hard work people by spending money grabs the market and your rate of growing decreases rapidly. Money speaks nowadays and in my opinion hard work is also something that can be surpassed using the money at the right time and at the right place.

Hardwork will be very beneficial but for your upcoming generations only and in this world now no one is ready to sacrifice his whole life in hardwork just for his future generations to get the payback. That's why people prefer risk more than hard work.

[jrrsparkles]

What you are saying is 100% true but there is another fact, not everyone who takes risks in their life ends up reaching their goals that's what intimidates the people from not leaving their current job since there is no assurance for their success. Managing their work and goal can be the optimal solution who have such fear like work regularly and in the remaining time they can start their business as part-time and keep doing both simultaneously, once they feel they are good in profits then they can quit their jobs and start focusing on their business.

[hyudien]

Apart from that, we have to understand the basics of the business we are running or know the market segment we want to target because sometimes people's business development is not on target, making it difficult for them to develop. Developing a business requires capital and the amount of capital we will use really depends on the business we want to build. Talking about risk, it's not only in business, but wherever we are, there will always be risks that we will face.

Identify the business you want to develop and make careful plans so that we can reduce the level of risk that will occur. People have to consider many things before running a business because not everyone has the ability to develop. If the skills, relationships and capital we have are not comparable then it will be difficult to develop the business to be more advanced.

This is where the importance of understanding must be carried out, if we are running a business then of course we must have prior knowledge in this matter, don't let us run a business but we ourselves don't have any understanding or knowledge about the business we are running, that's the same as lying. Before running a business, we must be able to do research first, how to run it well and correctly, so that it can be profitable. Of course, the goal of running a business is profit, not loss.
and with such a thing as risk, there must be, not only with business, of course there are risks with other things too. What you say is correct, before running a business we must first consider the actions we will take, lest the actions we take actually cause the business we are running to experience losses or decline. and that is what should be avoided.

[nara1892]

However, life is always about taking risks, when you don't have money to cover the cost of food then you have to work which means you have to sacrifice your time and sweat which obviously contains risks, such as if you get sick from exhaustion or other things you never wanted. This is true for everyone which means life is always about taking risks.

Especially if we are talking about the world of business or business that we must have the courage to take risks without any risk.
courage in terms of taking risks without any guarantee of getting the results we want, where in the end it is not uncommon to see some business people who end up failing, and those who really fail are those who do not have the courage to continue or even those who from the beginning never dared to start because they were too worried and too afraid, so in the end when you just stand still without doing something that can make your life develop, then it is clear that you will never achieve change. The point is that only you can change yourself, by taking risks and getting out of your comfort zone where there has been no change or progress.

[junder]

Basically everything has its own risks. including what you said regarding work, indeed if we make a mistake it is possible that what will happen is a warning and after that dismissal. This could happen if the problem we are doing can no longer be tolerated by our superiors. What you say is correct, companies can replace their workers at any time, even if a worker leaves the company, there will probably be a replacement quickly because there are definitely people who are looking for work to earn income.

but sometimes we do need to take risky actions, but we have to be able to see what is being done, if it doesn't have to be done then don't do it, except in business where sometimes you have to take risky actions, as long as the aim is for good such as profit which can be predicted, also taking risks does not mean it has to be done carelessly, of course we also have to consider it as best as possible.

What we do certainly has risks, but we also do our best to minimize these risks.
Regarding the mistakes we make that result in being fired, it is not a risk in my opinion, but the mistakes or negligence we make that result in losses if we are fired from the company.

This is different from risk in business, risk in business is something we do to seek profit so it will be inversely proportional to our goals if the path we take does not go as it should.

Every activity carried out by humans certainly has risks, as with work it is clear that there are very heavy/big risks but in my opinion job dismissal is not a risk because every worker/employee is fired there must be a certain reason so that the worker is fired by his superior, there is no people who want to lose their jobs, but if there are people who deliberately make mistakes, maybe they are people who have lost their minds, even though sometimes work is boring, we shouldn't look for problems at work.

Yes, sometimes when we run a business, there are times when we have to take risky actions to move forward. In my opinion, actions like this are only done by people who really have strong determination and belief, because not just anyone can do this. Sometimes for a successful business we have to dare to take risks, even though there is a possibility of failure,  but at least when we have done that,  I think we are people who dare to move forward, and even if we fail,  it will be a lesson for us. It's not bad if we do this as long as we are clear about what we are doing and for what purpose.

[lizarder]

Sometimes some people don't understand what the benefits of money are, so there are still people who make mistakes when using money in places they shouldn't use it. So in terms of understanding the risks when working to earn money, we ourselves must also be aware that money only functions as a means of transaction when we want to buy something. Because when someone starts using money for investment purposes, they must initially make purchases of goods or assets that they believe are good and good for investment.

Everyone understands money and they actually make the wrong decisions more often because they don't understand the right way to engage in work or use money. The function of money is as a means of payment and that is generally known by many people, even when we want to invest we first buy assets to invest. Most people understand the function of money, but they are unable to see the potential in money, so every time they make a decision, it results in losses because they don't understand how.

People who do not dare to get out of their comfort zone and also do not dare to take any risks with their work, they will not get anything but will remain poor for the rest of their lives. Because in this life we are all really required to work well if we want to be successful and we are also really required to understand the risks of the work we like so that we can find a better way so that the efforts we make are not in vain. So I don't think we need to care about people who don't want to change their mindset and also don't want to get out of their comfort zone.

The comfortable zone will only make people lag behind in seeking profits anywhere, but that doesn't mean people have to take risks without any consideration. If people want to build a business or invest, then what they need to learn is about the progress of both because it is impossible for people to be successful if they don't know how to develop a business or how to run an investment. You need to change your mindset if you want to pursue wealth because people who dare to take risks have a much better chance of achieving financial success.

[salad daging]

However, life is always about taking risks, when you don't have money to cover the cost of food then you have to work which means you have to sacrifice your time and sweat which obviously contains risks, such as if you get sick from exhaustion or other things you never wanted. This is true for everyone which means life is always about taking risks.

Especially if we are talking about the world of business or business that we must have the courage to take risks without any risk.
courage in terms of taking risks without any guarantee of getting the results we want, where in the end it is not uncommon to see some business people who end up failing, and those who really fail are those who do not have the courage to continue or even those who from the beginning never dared to start because they were too worried and too afraid, so in the end when you just stand still without doing something that can make your life develop, then it is clear that you will never achieve change. The point is that only you can change yourself, by taking risks and getting out of your comfort zone where there has been no change or progress.

Work is a must because if you do not sacrifice this there will be no money earned, work must be but taking risks in other fields then it must be done even if you have small capital.

In business risk is a must that is taken otherwise it will not get out of their comfort zone then there is no development at all when no risk is taken.

Taking risks must also have a calculation where you must understand and record all expenses / income if for example you fail then you have to try once to fail not to try again then you will fail for as long as possible, ups and downs must be normal when you are up in a business that has developed then the process you go through has been successful.