The benefits of risk taking

[boty]

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.

Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

[Mrbluntzy]

Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

I was reading through some topics and comments on this board because I wanted to learn something and I read one comment that thought me that it is very risky not to be aware of the risk accompanied in any investment or anything that the person wants to involve their self in. For example, when friends convince their fellow friend to join them in pushing hard drugs, when the new recruit doesn't know well the risk that is accompanied in pushing hard drugs, they can get court and imprisoned for the rest of their life.  It is riskier when you a person don't know and don't care about the risk they are getting themselves into.

[Renampun]

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 part of a process, but one thing is certain, taking risks without proper preparation is just gambling, so don't take risks carelessly, you have to be careful too.

I also read a lot about great entrepreneurs who are currently successful, they are risk takers who are not afraid, for example Elon Musk, when he bought Twitter, he borrowed a large amount of money from the bank, that is a small example of taking risks.

As long as you have good calculations, supporting skills and full confidence then don't hesitate to take risks, the CEO of Virgin Airlines also once said "learn as you go"

[ancafe]

risk is part of a process, but one thing is certain, taking risks without proper preparation is just gambling, so don't take risks carelessly, you have to be careful too.

I believe risk is a way for someone to achieve success, but they must consider minimizing risk. If not, as you said, they are the same as gambling because they don't have a picture of decision making.

As long as you have good calculations, supporting skills and full confidence then don't hesitate to take risks, the CEO of Virgin Airlines also once said "learn as you go"

It is important to have good calculations and most importantly we must master what we want to do. Once we understand many things, it will be much easier to decide on things to develop business or invest. People's mistakes are sometimes they ignore the process because they think too much about the final result, even though if they don't go through the process then don't ever hope that there will be much better results.

[milewilda]

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 part of a process, but one thing is certain, taking risks without proper preparation is just gambling, so don't take risks carelessly, you have to be careful too.

I also read a lot about great entrepreneurs who are currently successful, they are risk takers who are not afraid, for example Elon Musk, when he bought Twitter, he borrowed a large amount of money from the bank, that is a small example of taking risks.

As long as you have good calculations, supporting skills and full confidence then don't hesitate to take risks, the CEO of Virgin Airlines also once said "learn as you go"

When risking then you would really be needing that proper research and preparation on which on the thing you do said that taking up risks without proper preparation is really just that gambling
this is why this isnt really just that simple to say about risking out something because there would really be those considerations which you would really be needing to focus on.
Just like on other successful people on where those people did really passed through tons of challenges in life before they do able to reach out the pinnacle of success on which  this isnt
something that could really be attained without hard work.

This is why if you do really want to have that kind of achievement then you would really be needing up to consider on taking up some risks and this isnt something that you
would really be needing up to neglect even with the most basic stuff.

[gunhell16]

Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

I was reading through some topics and comments on this board because I wanted to learn something and I read one comment that thought me that it is very risky not to be aware of the risk accompanied in any investment or anything that the person wants to involve their self in. For example, when friends convince their fellow friend to join them in pushing hard drugs, when the new recruit doesn't know well the risk that is accompanied in pushing hard drugs, they can get court and imprisoned for the rest of their life.  It is riskier when you a person don't know and don't care about the risk they are getting themselves into.

That's why it's important for one factor: you should know the word risk management and also financial management. I've read it many times, and it's also true what others are teaching and reminding here on this forum platform.

That being said, how can you experience business income if you don't invest in the business you want? which is really right.

[MissNonFall9]

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?

Some people in the world are wired to take risks from birth. Without them, they are constantly striving or working hard for development in this life world or to express their strengths in the current competitive world market.Which clears the way for them to be thoughtful and visionary and have the courage to step into the unknown. So while a man is trying to avoid his risks to lead a carefree life then we should overcome the fear with determination and thrive on taking risks in life in the light of hard work and experience. But in this case there should be a desire to do the work in a smart way by reducing the risk.

[junder]

Even though we don't know for sure what the results will be from the risks we take, at least we have a little good understanding of the things we are going to take risks on, because if we don't understand the slightest thing about the risks we are going to take, of course it is very likely that we will just there will be luck that can give us the results we want and not based on our understanding of the thing we are going to take the risk on.
That's right, we will be able to use this as experience and knowledge for us when we face future risks at a later time so that we will be able to decide with the experience and knowledge that we already have.

Taking risky actions is an option that must be considered first, indeed the results cannot be accurately ascertained, it's just that considering them must be done, because no one wants to lose when they take risky actions. If it can be considered first then we have to consider it as best as possible, don't think of it as something to do carelessly and then hope for luck, that's not true.

The results of taking risks have advantages and disadvantages, but that doesn't mean we don't have to consider them first. Of course, we have to consider it first so that undesirable things don't happen, such as losses. Also in my opinion, even if taking this risk results in something that is not good or less profitable then I think there is a positive side, a brave step to try to move forward, and can learn lessons from what has happened.

[dezoel]

There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.

[Uruhara]

There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.

But what is unique is that humans are always attracted by great potential even though they have to take bigger risks. This is what makes many beginners end up always being carried away by FOMO just because they want to follow the success shown by an influencer.
And what is clear is that this happens because they do not understand good risk management. And they just acted without making any preparations first.
But I also won't blame those who are good at exploiting the potential that exists in objects that have high risks. But what we have to remind them is that we can't always depend on luck alone, but we also have to make luck itself closer to us by adding insight and always acting according to what we understand and always taking risks that we can afford.

[$crypto$]

There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.

But what is unique is that humans are always attracted by great potential even though they have to take bigger risks. This is what makes many beginners end up always being carried away by FOMO just because they want to follow the success shown by an influencer.
And what is clear is that this happens because they do not understand good risk management. And they just acted without making any preparations first.
But I also won't blame those who are good at exploiting the potential that exists in objects that have high risks. But what we have to remind them is that we can't always depend on luck alone, but we also have to make luck itself closer to us by adding insight and always acting according to what we understand and always taking risks that we can afford.

It is very natural for someone to become interested and take high risks when they see other people getting big profits from what they do. Because in my opinion, the feeling of wanting to have the same fate as other people is a characteristic that is natural for us as humans.

But the question is whether we can control it or not. If we can control it then we will think that what other people experience might be different from us, whereas if we don't control it then we will think that we will be able to feel what they feel from the benefits they receive.

There's nothing actually wrong with that, as long as we use it as motivation, not as a basis for us to do something without a clear reason.

[Fatunad]

There are so many stories of someone who made a stupid decision at the time, that turned out to be a lucky good call after a while. Obviously you could say that it is exactly for this reason we should ignore what people say and make our own stupid decisions no matter who says what. But, the reality is that there are also so man untold millions of stories where people made stupid decisions and they ended up losing money because of it as well.

So, just because some influencer shared some screenshot of some 100x leverage pepe call, doesn't mean that you should do that too, unfortunately too many people do that and they are losing their money left and right. We should focus on the riskless bitcoin investment at this moment.

But what is unique is that humans are always attracted by great potential even though they have to take bigger risks. This is what makes many beginners end up always being carried away by FOMO just because they want to follow the success shown by an influencer.
And what is clear is that this happens because they do not understand good risk management. And they just acted without making any preparations first.
But I also won't blame those who are good at exploiting the potential that exists in objects that have high risks. But what we have to remind them is that we can't always depend on luck alone, but we also have to make luck itself closer to us by adding insight and always acting according to what we understand and always taking risks that we can afford.

It is very natural for someone to become interested and take high risks when they see other people getting big profits from what they do. Because in my opinion, the feeling of wanting to have the same fate as other people is a characteristic that is natural for us as humans.

But the question is whether we can control it or not. If we can control it then we will think that what other people experience might be different from us, whereas if we don't control it then we will think that we will be able to feel what they feel from the benefits they receive.

There's nothing actually wrong with that, as long as we use it as motivation, not as a basis for us to do something without a clear reason.

Once you do saw someone who do able to get those kind of earning opportunity then it would rally be giving out that kind of interest or boost just like on what other people said above.
On the time that you do make yourself that interested then this is something that will really be making you that engaged into it but of course not all would really be that thinking about on the risks involved into it
until they would really be able to experience those loses on which this would really be making out those kind of realizations on which this is something inevitable.
You would really be needing to take up some risks if you do really have plans on making yourself that having that progression in life.

If you are someone who doesnt really like on losing money then you would really be just that sitting still and waiting for nothing in compared into those who are taking up some
risks on which does have the chance on making themselves be progressive.

[Ojinga]

Their is something they use to say, without taking risk things won't turn around for good. The benefit of risk taking it's for your own good that's why it's called risk because it might work for you it might not work, look at the billionaires now if you go down to there history they took risk before they get to where they are now but most people are scared. A wish man once said that getting to the top is not the issue -but maintaining your position at the top is the challenge so risk it's something that you should decide on.

For everything that makes you great, there is a price and risk to be paid. There's nobody, no matter the person, who has ever take the risk and regretted it. Many want the change, but only a few are willing to take the risk. Some wants to start a business but first they'll decide to ask someone who is already doing the same business and the person start talking about the risk in it, at that moment you start having some scary thoughts over the business. Which is bad, whatever you want to do always put it in back of your mind that there's risk in every thing you do as a business. Some decisions we take today might come up but first take risk over it because taking a risk it's the opposite name of gambling 😔. You might win or you lose but first take the risk and live the rest for God.

[Wakate]

Risks are measures being undertaking to achieve a goal but with a potential of loosing valuables along the lines.
Risks are indeed Worth taking but must be on the concepts that it'd profit is such as the business entrepreneurs, scientists, technologists, arts and lot of them which would either profer and individual income or be of soluable to the society.
Without risk taking we're probably not going to meet with the goal of our dreams neither might we be able to reach a greater height.

Just like op has explained, we need to take some certain risks so that we can make money for whatever thing we are doing. We need to take risk for us to become successful in whatever field that we are. I could remember a friend that took the risks to invest in presale and it was quite fortunate for him to make lots of money from it because he was ready to take the risk that looks like a difficult thing to others. Those who are ready to take risk in the market are the ones that we keep making money because of we keep our funds and decide not to invest because we are afraid of the market, our funds would still be intact and we are not going to make any money.

[Wakate]

Risks are measures being undertaking to achieve a goal but with a potential of loosing valuables along the lines.
Risks are indeed Worth taking but must be on the concepts that it'd profit is such as the business entrepreneurs, scientists, technologists, arts and lot of them which would either profer and individual income or be of soluable to the society.
Without risk taking we're probably not going to meet with the goal of our dreams neither might we be able to reach a greater height.

Just like op has explained, we need to take some certain risks so that we can make money for whatever thing we are doing. We need to take risk for us to become successful in whatever field that we are. I could remember a friend that took the risks to invest in presale and it was quite fortunate for him to make lots of money from it because he was ready to take the risk that looks like a difficult thing to others.
Those who are ready to take risk in the market are the ones that we keep making money because of we keep our funds and decide not to invest because we are afraid of the market, our funds would still be intact and we are not going to make any money.