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Author Topic: The benefits of risk taking  (Read 1321 times)
junder
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April 15, 2024, 10:59:43 AM
 #221

If you think about it, everything has risks, including business and investment. It's true what you say, starting a business or investment without any knowledge and understanding will only put us in trouble or have the opportunity for big losses compared to the opportunities for profit. Even though sometimes we have to take risks, of course the most likely thing that will happen is failure or loss, so as much as possible we must be able to consider it well.

In my opinion, many people have failed with the small businesses they run and maybe that's because they don't have good knowledge and understanding. but we can note that every once in a while we have to be brave enough to take risks. and I think doing that will teach us a lesson that if we fail then we have to be able to evaluate it well. so that it doesn't happen again in the future.
Even if you have good knowledge and understanding of the field you are doing business in, there is no guarantee that you will be successful. 
Business needs many factors to be successful, not just knowledge and understanding to ensure success. Having knowledge will only help you increase your success rate higher than if you do not have knowledge, but there is no guarantee.

To be successful in business, the only thing to do is start with it, experience it yourself, and learn your own lessons. No one can help you succeed without any challenges and to do that, taking risks is what we need to do.

Indeed, there is no guarantee that we can be successful even if we have knowledge or understanding of what we are struggling with, but in my opinion, success lies in people who are willing to struggle, and that must be accompanied by sufficient understanding and knowledge, at least by having knowledge and understanding. that could be more helpful than being completely empty. Moreover, I'm not saying that knowledge or understanding is the key to success, it's just that this is something that can help us to run our business better.

It's clear, if we really want to be successful, of course we have to start, because if we don't start then there won't be any success Therefore, starting a business with good understanding and knowledge can help even though there is no guarantee that it will be successful, but what you have to remember is, success lies in those who are willing to try and work hard. not those who just talk without any movement to move forward.

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April 15, 2024, 01:18:40 PM
 #222

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
if you don't risk it, thier is no possibility you will ever make it. Life itself is a risk and the moment you factor our taking of risk out of your life, you you start drowning to the button of life. Every existing structure you find around you, be it business institute or whatever it is, they exist because the owner saw an opportunity that could fail but still tried it out after all.

Investing in Bitcoin is a risk and not investing is the bigger risk so you've got to choose your risky adventure and work through it. It you're expecting it to get easy, then you're obviously a big joker so you've got to put yourself all out, take the risk, give it your best short and even if you aren't able to achieve it the first time you tried, do it again and again and again until you're able to come out successful from the try.

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April 15, 2024, 02:04:48 PM
 #223

When business people and investors want to do a job with the aim of getting more profits, of course the first consideration is risk. Why, because everyone knows how much risk can arise in a job, it will be easier for them to compare it with the level of profit they get. And when the level of profit can be greater or more balanced with the risks that can arise in the job, that's when business people and investors start to have the courage to carry out their work because they already know what the level of risk and profit is. So you need to know this because it is an important part when someone wants to make a profit.
That's right, indeed, when they plan something that can actually generate more profits for their business, what they have to consider is the risk, because even though their business can already generate profits, of course they definitely want more profits, which sometimes has its own risks. with the big possibility that what will happen is failure, then clearly this needs to be considered carefully, don't just do it without considering it.
When they take actions such as taking risks and it succeeds in producing profits, I think it will feel very satisfying, because what we do can be successful in a positive way. Even though we fail, maybe we can learn lessons from what has happened.

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April 15, 2024, 04:33:55 PM
 #224

When business people and investors want to do a job with the aim of getting more profits, of course the first consideration is risk. Why, because everyone knows how much risk can arise in a job, it will be easier for them to compare it with the level of profit they get. And when the level of profit can be greater or more balanced with the risks that can arise in the job, that's when business people and investors start to have the courage to carry out their work because they already know what the level of risk and profit is. So you need to know this because it is an important part when someone wants to make a profit.
That's right, indeed, when they plan something that can actually generate more profits for their business, what they have to consider is the risk, because even though their business can already generate profits, of course they definitely want more profits, which sometimes has its own risks. with the big possibility that what will happen is failure, then clearly this needs to be considered carefully, don't just do it without considering it.
When they take actions such as taking risks and it succeeds in producing profits, I think it will feel very satisfying, because what we do can be successful in a positive way. Even though we fail, maybe we can learn lessons from what has happened.

When we are unwilling to take risks, we will miss the opportunity to achieve success. and a businessman must not only be able to create opportunities, but must also be able to take advantage of every opportunity that comes, no matter how small. However, it needs to be underlined that every decision taken has gone through careful consideration, and further analysis has been carried out regarding future prospects for what it will be like, profit or loss. Because if not, then that's not being brave enough to take risks, but rather being careless. Meanwhile, between being careless and being careless, there is not much difference.

And when we are really sure about the decision we have taken, don't focus too much on what the final result will be like, success or failure. However, focus on every step taken and effort made, because the process never betrays the results. Therefore, make the most of the process, so that the results obtained are quite satisfying. And even if you fail, failure is not the end of everything, and use this failure as a lesson and a stepping stone to achieve success.

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April 15, 2024, 06:35:50 PM
 #225

Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

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April 15, 2024, 07:32:28 PM
 #226

Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.

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April 15, 2024, 09:06:08 PM
 #227

The benefit of risk taking is the experienced, if we take risk it means we don't really know the possible outcome of the decisions we made, and we don't really know if the decision can make us profit or can make us more down in our financial aspect. The only benefit we can get is the experienced we can use our experience in the future  to make more good or right decision to win or make more profit.


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Hamphser
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April 15, 2024, 09:10:38 PM
 #228

Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.

As long we are living on which even on the momen that you do reach up into the point that you are already successful but still its not something a solid reason for someone to stop on wishing for more
or simply they wont really be stopping there when it comes to goals and targets on which we know that this is something that will really be that normal for a human being to have that kind of mindset.
There's no such thing about contentment on this world on which as long you do able to make yourself see that there is something more better then you would really be thriving yourself
on achieving those despite of the condition that you do current have.

This is why there are people who are really that ends up on being greedy because of those kind of wishes that they do have in their mind. Its not bad to be ambitious but we know that
everything which is excess or too much would really be always that bad.

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April 15, 2024, 09:36:22 PM
 #229

Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.

As long we are living on which even on the momen that you do reach up into the point that you are already successful but still its not something a solid reason for someone to stop on wishing for more
or simply they wont really be stopping there when it comes to goals and targets on which we know that this is something that will really be that normal for a human being to have that kind of mindset.
There's no such thing about contentment on this world on which as long you do able to make yourself see that there is something more better then you would really be thriving yourself
on achieving those despite of the condition that you do current have.

This is why there are people who are really that ends up on being greedy because of those kind of wishes that they do have in their mind. Its not bad to be ambitious but we know that
everything which is excess or too much would really be always that bad.
As for asking for more despite on almost you do have everything which is really that a sign of greediness on which it would really be just that normal that you would really be having that kind of probability that you be making up some bad decisions just because you are aiming for something more. Why cant we just be that contented on what we do have?  Just like on what you have said that this is some form of greediness on which instead on making yourself on having that earning even more on which you might be able to experience that different outcome or condition on which it might be resulting into that frustration which might lead into desperation and once you do lost your track on following into your plans the it might be ending up on a disaster.

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April 16, 2024, 07:03:27 AM
 #230

We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.
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April 16, 2024, 04:26:09 PM
 #231

Of course, the point is that we must really be able to manage and control greed in ourselves, because usually this is something that always triggers the problems experienced by most investors who in the end they even experience losses which is because greed is always based on desire and dissatisfaction, while the market will not always be on our side, which means that not all times are the right time to enter the market.
Yes you are right everyone should have the ability to control greed because otherwise it can put them at a loss. Greed can have a negative effect on people who invest because they are unable to control themselves. Dissatisfaction with the profits obtained will create a feeling of wanting to get them back and although that is good, people must be able to control greed. There are many people who fail in their investment plans, it is because of excessive greed.

Self-control is important and if someone can carry out investments correctly it will provide a way when making decisions. Greed based on getting big profits quickly will give someone the opportunity to suffer losses in investments, so control this risk so you don't lose.

Yes of course, and sometimes people or investors are very likely to treat investing like gambling when they cannot ignore the greed aspect of it, which is actually clear that the market will not always be in our favor when we want to make a profit, and this is why an investor or perhaps a trader is required to have a plan and management that will tell them the boundaries of when is the best time to paddle and when to pull over, because the nature of the market will not always match the strategy that you have so when you apply greed then you are likely to apply strategy A in a market that is B which means it is not suitable and even cause losses.

True, I think self-control is already inseparable in some preparations that every investor or trader must have, because only this can minimize the possibility of loss, and on the other hand it is useless if for example you have a fairly accurate strategy but you do not have good risk management such as the ability to control and put limits at the right time then in the end all the profits you managed to get will be lost again, and this approach will only cause a lot of pressure and tension which usually makes investors even deeper into losses due to uncontrolled emotions due to expectations that do not match expectations and even cause losses.

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April 17, 2024, 04:59:36 PM
 #232

We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.
Everyone takes risks at some point in life in hopes of improving from the current situation or getting rid of an adverse environment. So the risk they take in life is definitely right from his point of view. Now we are talking about the success rate and accuracy rate depending on how much discretion one has. But the point is risk must be taken otherwise there will be no movement in life. There are two lines of life number one is the curved line which indicates speed or life and number two is the straight line which indicates status or death. So, there will be ups and downs in life, it is very natural, so without being afraid of any work, we must take risks in life based on correct information and data and make progress more dynamic.

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April 17, 2024, 07:56:02 PM
 #233

We have learned since childhood that success can never be achieved without taking risks. We know that to achieve success in life we must take risks but also we know that the risks we take should be in the right place. But if we don't risk money in the wrong place, that risk will do us no good. As many famous people and as many rich people as there are in the world, they have reached this state by struggling a lot and taking a lot of risks. Starting a company is a very challenging thing because at that time the owner of the company does not have enough money and the amount of money he has and also taking loans from the bank, they invest in different sections with the maximum risk of that money. If they did not take this risk, then their names would not have appeared in the list of the world's richest people. So we have to take risks and we have to take risks in the right places.
Everyone takes risks at some point in life in hopes of improving from the current situation or getting rid of an adverse environment. So the risk they take in life is definitely right from his point of view. Now we are talking about the success rate and accuracy rate depending on how much discretion one has. But the point is risk must be taken otherwise there will be no movement in life. There are two lines of life number one is the curved line which indicates speed or life and number two is the straight line which indicates status or death. So, there will be ups and downs in life, it is very natural, so without being afraid of any work, we must take risks in life based on correct information and data and make progress more dynamic.
You would really be needing to put up some risks if you do really like to have some change or progress towards your life on which we know that even taking some investment or building up a business is something a risks that you would really needing to do for you to have that kind of chance but of course it would basing up on the risk level or tolerance that you could really be able to put up since not all would really be that good when it comes to this and would really be rather on making themselves be staying up on their comfort zone and wouldn't really be taking any risky move just because they cant really be able to handle it out but just like we do all know
that this is something that would really be on someones choice.

If you wont really be liking to have any changes or development into your life then you could just simply sit down and would do your usual thing or taking up some risks on doing something
just because you are really that tending to have that kind changes that you do have in mind?

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April 17, 2024, 10:09:04 PM
 #234

Risking taking has numerous benefits,risk taking help us to be expert in our various fields.As an entrepreneur/businessman risk taking is an attribute that build a business.Experienced entrepreneurs learn from their losses as a result of the risk they took,it's like an eye opener.Risk taking motivates us to strive harder and learn from our mistakes,risks can also be reduced if only we make right decisions and learn from other experienced people in our various fields.

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April 17, 2024, 10:15:22 PM
 #235

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
I want you to understand concerning taking risk any investment that we are in back of that investment is a risk so you will not know what to the Future of that investment will result out, that is why we have to agree that each or the business that we are into or the investment that we are into we are taking risk even the journey that will make that is also a reason because you are not sure of it someone who does not take a risk cannot to be rich because according to entrepreneurship state that you must be a risk taker before you can make it in life, I believe such Theory because if you don't take a risk there is no chance of you to accumulate what you have

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April 18, 2024, 06:09:05 AM
 #236

Risking taking has numerous benefits,risk taking help us to be expert in our various fields.As an entrepreneur/businessman risk taking is an attribute that build a business.Experienced entrepreneurs learn from their losses as a result of the risk they took,it's like an eye opener.Risk taking motivates us to strive harder and learn from our mistakes,risks can also be reduced if only we make right decisions and learn from other experienced people in our various fields.
Well, taking risks does provide quite a lot of benefits, and that's good for business people. However, I do not recommend taking risks in excessive ranges. Too much of anything is not good, and even taking risks yourself is quite dangerous. Without any preparation, a person can get stressed or suffer from other mental illnesses if he fails. Therefore, taking risks will be very good with the range we can handle. I like to take risks, but it uses capital that I actually use for the business, and when that money runs out, it doesn't change my situation.


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CageMabok
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April 18, 2024, 07:01:41 AM
 #237

The benefit of risk taking is the experienced, if we take risk it means we don't really know the possible outcome of the decisions we made, and we don't really know if the decision can make us profit or can make us more down in our financial aspect. The only benefit we can get is the experienced we can use our experience in the future  to make more good or right decision to win or make more profit.
What needs to be understood by ourselves or everyone is that every time we want to benefit from something, of course we have to be brave enough to take risks, which must first be understood well by ourselves. Because profits will never come without effort and without the courage to make the decision to take risks after we ourselves find out through in-depth research. So even though we ourselves don't know when we will make a profit and there is no guarantee when we will get it, everyone has to go through a process such as making decisions for themselves in order to make a profit.

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ancafe
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April 18, 2024, 10:28:36 AM
 #238

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
Never take risks when we don't understand what we want to do because taking these risks will have a much bigger impact. The risk must be seen in how a person is able to control himself in making decisions in the financial sector, people must understand what they want to achieve. Because the process of achieving success is not as easy as the advice people give and there are many things that need to be learned so as not to cause problems in the future.

Some people think risks must be taken and for me these risks must be minimized because there are levels that may be difficult to resolve when problems arise. If it is related to money then what must be done is how someone can see the opportunities and risks that exist must be able to be controlled as small as possible. Get to know your own skills and how people can improve these skills before deciding to take a big risk.

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lizarder
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April 18, 2024, 01:14:30 PM
 #239

Basically in anything usually greed will only lead someone to a worse end result, something that is based on greed involves a sense of dissatisfaction which means they will never stop to pursue it until they really feel satisfied, especially this is an investment which has a level of risk that can even be quite significant if for example you treat it in the wrong way such as applying greed.

On the other hand I think we can conclude that someone who invests based on greed then surely they will not know when they should stop because the priority is to get a large profit based on dissatisfaction while the possibility of risk will always be there because the market will not always be in your favor forever, and one more thing that can make an investor fail and end his involvement with a lot of losses is when they have absolutely no ability in terms of accepting the consequences of risk which of course in the end they act impulsively to pursue something that has been lost which will actually lead them to a greater amount of loss.
In the world of investment we have to understand the assets we invest in and fluctuating prices will give bad results if someone is too greedy to get a profit from the results of their investment. Pursuing something excessively will have a much greater risk impact, especially when it comes to crypto because we never know how the market will react. Everyone must have control in carrying out investments because if you do it excessively it will be difficult to control it and what happens is that they miss good moments, causing losses.

Investing is much worse when one does not understand how and greed will lead to much greater risks. Control yourself so that you don't get involved in investing excessively and greed will only speed up someone's loss of investment. It is important to create controls in investments so that people can minimize the risks resulting when the market is in bad conditions.

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coinerer
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April 18, 2024, 03:58:50 PM
 #240

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 everywhere so if you want to gain something you must take risk. If you take risk you will either lose or succeed there. If you are successful then you will grow a lot financially and if you lose you will suffer some loss  But if you don't take risk then your financial condition will not change. for this, if you want to do something good in life, taking risks is mandatory. If you don't take risk, you will remain poor all your life. there will be no chance of being rich and living a prosperous life


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