knowledge about risks and their types.

[siniminomorocomunisakito]

3. Strategic risk: this is a type of risk that depends on your decision-making. Why I said so is that this is the level of risk that determines whether you will succeed or not because strategic risk depends on the strategy that you as an investor will use in order to gain or lose, which is sometimes related to financial risk because it also focuses on assessment, analysis, and the most important aspect, which is decision-making.    So this type of risk deals with a lot of concentration; if not, you will always end up regretting it. Crypto trading is a type of risk that deals with higher concentrations, which is why it is classified as an example of strategic risk.

I like this point. This point reminds me of my trading journey which always ends less pleasantly. But, even so, this is also a lesson for me how valuable money is, especially if it is obtained with the results of hard and hard work.

We are well aware and must be more careful in trading activities because we come here not to burn our money in the blink of an eye.

[JMBitcointernational]

Knowledge about risk is very necessary as it put you on the advantage on the advent of emergency, risk is something we need not to play with because risk management is key both at home, in your office and in the industry

That is very true my dear mate, but the fact is that different people have different understanding of risk depending on the situation that they find themselves, that is to say that risk means different things to different individuals, some people will say that risk is a chance of loss, some will also say that risk is a combination of hazard, some others will also say that risk is the possibility of an unfavorable event occurring, and some people will also go further to say that risk occur when the future is occur and that everyone is a risk manager not by chance but by share necessity and so many other understanding of risk that people might apply.

In every of these definitions, there is one major thing that they are trying to portray which is loss and that we face risk every single day of our lives and that it is very pertinent that we understand the concept and have a proper knowledge about risk and know how to handle the circumstances when the time comes. just like the op have listed different types of risk, all these types of risk affect every sphere of our endeavor, however, it is of utmost importance to have a prior understanding and knowledge about risk before its occurrence because it is part of daily lives.

[Gaza13]

If you are taking risks without knowing about it nor having learned it then you are definitely gambling. Gambling is just taking chances based on luck and nothing else. No logic whatsoever.

There’s no computations either so everything really is pure luck but once you start studying about risks and winning for it then that is when you can say that that is no longer taking it by chance and you have yourself to congratulate.

I think everyone who takes any risks must be aware of what they are deciding and know the impact in the future. I don't think it's advisable to take risks in gambling Many bad impacts have occurred in our environment. I think taking a risk has a much better or beneficial impact on us than gambling, for example taking a risk to invest. If you don't understand investment, we should learn about it first before jumping into it. If we understand the risks, then we can start deciding what assets we want to buy.

[CODE200]

Useful piece of article as it clearly describes about types of risk in brief and there are people who consider these risk to an extend and some exaggerate these risk and end up being idle without taking any steps be it business or job hence apart from the definition we need to learn how to apply these risk in a calculated way in our daily life. People who don't buy even during the dip are real example of the statement which I am trying to convey.

Never thought of risk that way, I feel like if I've known about this a long time ago, I'd be in a better position in life right now but I can't complain, I'm doing fine anyway. I specifically like the part where you said that if we don't take steps about the risks or not taking them, it resonates heavily to me because I get it, if we just stand there paralyzed about what to do next, we're never going to see any changes to our lives or even improvements which should be the thing that everyone aim for in life.

[slapper]

Strategic risk, for example. The hidden prejudices that cloud our minds matter more than the facts. Everyone has confirmation bias, where they only pay attention to information that supports their ideas. Imagine getting a half-baked hypothesis about Bitcoin travelling to the moon and seeing every spike as a sign from the universe. You're neglecting the market's three-legged stability

It's not simply money. Risky reputation? Some existential nonsense there. Everyone fears failure, especially when starting a new business or project. It's about losing face and self-worth, not simply money. Interestingly, the solution isn't to play it safe. Quite the contrary. Man, accept failure. I've failed at many things. All of them taught me something and helped me grow. This mindset adjustment is needed. Failing is a stage, not the end. You'll be miles ahead of the competition in today's cutthroat world if you can grasp that

[eightdots]

If you are taking risks without knowing about it nor having learned it then you are definitely gambling. Gambling is just taking chances based on luck and nothing else. No logic whatsoever.

There’s no computations either so everything really is pure luck but once you start studying about risks and winning for it then that is when you can say that that is no longer taking it by chance and you have yourself to congratulate.

I think everyone who takes any risks must be aware of what they are deciding and know the impact in the future. I don't think it's advisable to take risks in gambling Many bad impacts have occurred in our environment. I think taking a risk has a much better or beneficial impact on us than gambling, for example taking a risk to invest. If you don't understand investment, we should learn about it first before jumping into it. If we understand the risks, then we can start deciding what assets we want to buy.

Taking risks brings some consequences. Before taking risks, it is necessary to analyze the consequences that may arise and act according to this analysis. As you say, taking risks without knowledge is like gambling. Acting without knowing leads to moving forward without knowing where to go.

Before investing, we must learn the market and investment. We must think about all risks and plan ahead. Acting without planning can cause mistakes, especially when investing.

If we know what the risk is, it becomes easier for us to invest and we can more easily determine our move in the face of any situation.

[Hamphser]

If you are taking risks without knowing about it nor having learned it then you are definitely gambling. Gambling is just taking chances based on luck and nothing else. No logic whatsoever.

There’s no computations either so everything really is pure luck but once you start studying about risks and winning for it then that is when you can say that that is no longer taking it by chance and you have yourself to congratulate.

I think everyone who takes any risks must be aware of what they are deciding and know the impact in the future. I don't think it's advisable to take risks in gambling Many bad impacts have occurred in our environment. I think taking a risk has a much better or beneficial impact on us than gambling, for example taking a risk to invest. If you don't understand investment, we should learn about it first before jumping into it. If we understand the risks, then we can start deciding what assets we want to buy.

Taking risks brings some consequences. Before taking risks, it is necessary to analyze the consequences that may arise and act according to this analysis. As you say, taking risks without knowledge is like gambling. Acting without knowing leads to moving forward without knowing where to go.

Before investing, we must learn the market and investment. We must think about all risks and plan ahead. Acting without planning can cause mistakes, especially when investing.

If we know what the risk is, it becomes easier for us to invest and we can more easily determine our move in the face of any situation.

Its not really that something could be considered to be a consequences but rather it would really be that something a chance or probability that you would really be able to experience loses on which this is really that typical when you do hover yourself on investing which its part of the risks. This is why if you cant really be able to bare up with the risks then you could opt out anytime.
Doesnt matter on which type it would be on which it would really be that still on the same thing on when it comes to risks involved. It is really just that depending on how someone
will really be able to handle it out because if you dont like on losing money then dont risks.

Even just simply living your life and with the decisions accompanied with it will really be having that risks. So there's always a risks and making up some good decisions
will really be something that you would really be needing.

[Cryptoprincess101]

4 Compliance risk: There is a proverb that says a single tree cannot make a forest. This is what they really mean, which is that two or more people bring their ideas together in order to invest. That means all the strategy and analysis will not be done by a single person but by many people, which shows that it will be simpler and have a higher expectation of being successful.

The fact that strategy and analysis are not done by one person does not mean that the chances of success are always higher. In fact, because they are done by many people, strategy formulation and analysis can even be more difficult and confusing, and simple decisions may take time to be debated and argued over by all the people involved in the decision-making process, so the process may not be as smooth and yield the expected result as when just one person is involved.

You are right because there are times when each one of them will prefer their own opinion to the other person's opinion and before you know it a lot of confusion arises and just like you said, something that would have been settled earlier will now take a lot of time to debate and deliberate which is better and it doesn't even mean that the one they presented as the best strategy will make them become more successful so sometimes it is better to make personal decisions knowing fully well that if anything happens you will bear the risk alone it will even make you to be more concerned about how your can present a good analysis so that you don't end up making the wrong decision.

[Dailyscript]

If you are taking risks without knowing about it nor having learned it then you are definitely gambling. Gambling is just taking chances based on luck and nothing else. No logic whatsoever.

There’s no computations either so everything really is pure luck but once you start studying about risks and winning for it then that is when you can say that that is no longer taking it by chance and you have yourself to congratulate.

I think everyone who takes any risks must be aware of what they are deciding and know the impact in the future. I don't think it's advisable to take risks in gambling Many bad impacts have occurred in our environment. I think taking a risk has a much better or beneficial impact on us than gambling, for example taking a risk to invest. If you don't understand investment, we should learn about it first before jumping into it. If we understand the risks, then we can start deciding what assets we want to buy.

Taking risks brings some consequences. Before taking risks, it is necessary to analyze the consequences that may arise and act according to this analysis. As you say, taking risks without knowledge is like gambling. Acting without knowing leads to moving forward without knowing where to go.

Before investing, we must learn the market and investment. We must think about all risks and plan ahead. Acting without planning can cause mistakes, especially when investing.

If we know what the risk is, it becomes easier for us to invest and we can more easily determine our move in the face of any situation.

Every risk has a consequence and if we are not aware about it then the pains that would come after taking such risk if we are not lucky is going to be unbearable. I have witness where an investor fell to zero, like he had no single money in his life and couldn't know where to start again. He became poor after tasting wealth.

The most important thing about knowing the risk involved  is because we can look for a way to bypass everything. We will make sure we find a way to harness the situation by avoiding what will cause those risk.

[leonair]

If you are taking risks without knowing about it nor having learned it then you are definitely gambling. Gambling is just taking chances based on luck and nothing else. No logic whatsoever.

There’s no computations either so everything really is pure luck but once you start studying about risks and winning for it then that is when you can say that that is no longer taking it by chance and you have yourself to congratulate.

I think everyone who takes any risks must be aware of what they are deciding and know the impact in the future. I don't think it's advisable to take risks in gambling Many bad impacts have occurred in our environment. I think taking a risk has a much better or beneficial impact on us than gambling, for example taking a risk to invest. If you don't understand investment, we should learn about it first before jumping into it. If we understand the risks, then we can start deciding what assets we want to buy.

Gambling is a danger zone where once one is addicted he loses everything in his life. taking a risk doesn't mean you have to leave it to luck like gambling. Risk taking should be where you can lose but use your wits to make huge profits. Investing money somewhere is definitely risky but using your personal strategy to bring the desired profit from there is the real success. So you have to take risks to be successful. But not gambling

[jaberwock]

The fact that strategy and analysis are not done by one person does not mean that the chances of success are always higher. In fact, because they are done by many people, strategy formulation and analysis can even be more difficult and confusing, and simple decisions may take time to be debated and argued over by all the people involved in the decision-making process, so the process may not be as smooth and yield the expected result as when just one person is involved.

You are right because there are times when each one of them will prefer their own opinion to the other person's opinion and before you know it a lot of confusion arises and just like you said, something that would have been settled earlier will now take a lot of time to debate and deliberate which is better and it doesn't even mean that the one they presented as the best strategy will make them become more successful so sometimes it is better to make personal decisions knowing fully well that if anything happens you will bear the risk alone it will even make you to be more concerned about how your can present a good analysis so that you don't end up making the wrong decision.

I think it depends on the debate before we say that it is better. Before we present a strategy and say it is that it is the best, we need to try it on our own first, so that we will have a proof but if it's about trading, gambling, and others... the results might change for the other user. It is still our choice if we use someone else strategy or not, so we must only blame our selves if in case our decision is wrong.

Concern is always there no matter if you rely on your self or to others and no matter which side we choose, wrong decisions are still there as well that can occur sometimes or even most of the times, especially if we are hard to learn from our mistakes.