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Author Topic: World is run by risks and dominant Independent risk takers it's price of success  (Read 364 times)
Rruchi man
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September 23, 2024, 07:49:40 PM
 #21

Risk is what drives life and creates companies, capitalism and innovation.
I agree with how risk is necessary and how it has been a requirement for progress. We are indeed blessed to have people who are willing to go the extreme of risks for the sake of progress, because while we may all boast to be able to take some risk, we are not all capable of going to the extreme.

Some people have been killed because they took the risk of invention, inventions that threatened already established systems. This is one reason some inventors like Satoshi choose to remain anonymous because their invention and creation of bitcoin was risky, something that most governments do not like.

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September 24, 2024, 05:23:03 PM
 #22

Risk is what drives life and creates companies, capitalism and innovation.
I agree with how risk is necessary and how it has been a requirement for progress. We are indeed blessed to have people who are willing to go the extreme of risks for the sake of progress, because while we may all boast to be able to take some risk, we are not all capable of going to the extreme.

Some people have been killed because they took the risk of invention, inventions that threatened already established systems. This is one reason some inventors like Satoshi choose to remain anonymous because their invention and creation of bitcoin was risky, something that most governments do not like.

if satoshi declared himself to the public then the government would definitely not let him be silent, bitcoin is still a threat to the government but behind all that the government is currently trying hard to show the public that they are friends of bitcoin. for those who have taken risks for the progress of this world, I thank them very much, without them the world we live in now would be very dark especially for satoshi who created bitcoin.

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September 25, 2024, 06:07:09 PM
 #23

Indeed, there are risks in running a business, whatever the need to think about the direction to be aimed at in order to anticipate it to achieve wealth, it is very difficult to achieve success from the beginning, it requires persistence and many obstacles that must be passed, that is part of the effort that must be we appreciate.

Yes bro, everything about life is full of risks, the risks of life are also very heavy when we live carelessly and carelessly about our own lives, at work there are also risks, we have to break through those risks so that we can see the beauty. what is behind the risk itself, many people are not aware of the high risk, indeed this risk will be present for everyone who wants to change their life for the better, depending on how we live it and how we get out of each risk. , so stay enthusiastic about carrying out activities that can change our lives for the better, don't be afraid to take risks, it will make us more mature in carrying out everything.

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September 25, 2024, 09:36:30 PM
 #24

The world is full of risks and challenges, but if you are weak and pessimistic, you will definitely lose all your battles in life. However, for those who have constantly working to overcome those risks and take advantage every good opportunity that comes, believe me they always become the winners in the end.

Life may be unfair for some because opportunities and privileges are not given equally, but if you analyze it well, you actually reap what you sow. Life is certainly fair, but the outcomes differ based on how you deal with your life smartly and wisely.

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September 26, 2024, 03:05:53 PM
 #25

The distinguishing difference between the rich and the poor is traceable to their abilities of taking and handling risk, while the Rich sees risk as an opportunity to greater height and making more money for them self the poor on the other hand see risk as a gamble where they will lose their money and so don't take any risk either in business or other spheres of life
Infact taking risk is like an adventure that someone is trying to go into so until you get to the end you may not know what it holds for you as a person
Risk is worth talking
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September 27, 2024, 12:46:51 AM
 #26

~
It's a risk yeah but there are a lot more other factors involved than just the person themselves taking the risk itself and I reckon that's what most people call "luck". Say for example someone bought "X" coin hoping it'd pump due to Y news, but in reality it was because of some influencer spreading (which we'd call "Z"), you can say that the the risk the person took was worth it, but the reason wasn't exactly aligned with the actual events, wouldn't you call that luck?

And that's assuming people start at the same stage/level. It's already been proven that people start at unequal stages. Not to mention that you can say the world is a PVP area, so with people starting at uneven levels and growing up at different rates, I wouldn't exactly call life "fair".

 
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September 27, 2024, 09:53:58 AM
 #27

Indeed, there are risks in running a business, whatever the need to think about the direction to be aimed at in order to anticipate it to achieve wealth, it is very difficult to achieve success from the beginning, it requires persistence and many obstacles that must be passed, that is part of the effort that must be we appreciate.

Yes bro, everything about life is full of risks, the risks of life are also very heavy when we live carelessly and carelessly about our own lives, at work there are also risks, we have to break through those risks so that we can see the beauty. what is behind the risk itself, many people are not aware of the high risk, indeed this risk will be present for everyone who wants to change their life for the better, depending on how we live it and how we get out of each risk. , so stay enthusiastic about carrying out activities that can change our lives for the better, don't be afraid to take risks, it will make us more mature in carrying out everything.

When a person does not care about their life and also the risks that they will face from the work they do, then when facing these risks, of course they will fail and to be able to avoid risks, it is very important to first understand the possible risks that we will face in this life or work and after understanding well, it will be very possible that we will be able to reduce or even be able to avoid them.
You're right, when someone wants to change their life for the better, of course there are risks and I also think it's important for anyone who wants to take risks they have to understand the risks so that they can make themselves better than before.
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September 27, 2024, 10:46:54 AM
 #28

When a person does not care about their life and also the risks that they will face from the work they do, then when facing these risks, of course they will fail and to be able to avoid risks, it is very important to first understand the possible risks that we will face in this life or work and after understanding well, it will be very possible that we will be able to reduce or even be able to avoid them.
You're right, when someone wants to change their life for the better, of course there are risks and I also think it's important for anyone who wants to take risks they have to understand the risks so that they can make themselves better than before.
It should be noted that everything has risks and each individual is required to measure the level of risk so that there are several things that can be done to minimize the risk, no one can avoid risk.
If someone wants to be successful, it does not mean they have to take big risks but learn from what they are doing to be able to minimize the risk and advance to achieve success by overcoming the existing risks.
Everyone who is successful has gone through many risks and they can learn to minimize those risks, I think that's what is worth learning.

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September 27, 2024, 11:33:46 AM
 #29

Taking risk is very crucial part specially when we don't know the outcome of the risk that we take. Sometimes we failed and sometimes we loss but only one thing for sure is that we gain experience everytime we got failed or everytime we loss, if we don't take risk we cant earn big profit we are just like an investors that has so many regrets in the ends in my own opinion i think taking risk is the key to improved.

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September 27, 2024, 01:52:27 PM
 #30

Whether life is fair is a complex question, and a lot depends on who you ask. I think life is unfair, but that we can all strive to make it more fair. Looking at op's arguments about risk-taking, I agree that rewarding risk-taking makes sense. However, sometimes creating a business is not a big risk to someone (if they are experimenting with money that they can comfortably lose), while there are also jobs that people do which can be very risky and quite low-paying if you account for the risks.
Sometimes money is pretty easy, other times it's not. But sometimes people also work very hard and get very little money out of it. So it's complicated, but I wouldn't blame people who don't take risks for being poor or assume that everyone rich is a big risk-taker.

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September 29, 2024, 04:32:03 AM
 #31

The distinguishing difference between the rich and the poor is traceable to their abilities of taking and handling risk, while the Rich sees risk as an opportunity to greater height and making more money for them self the poor on the other hand see risk as a gamble where they will lose their money and so don't take any risk either in business or other spheres of life
Infact taking risk is like an adventure that someone is trying to go into so until you get to the end you may not know what it holds for you as a person
Risk is worth talking

It is a fact that for a rich Person it can be a very big risk for someone who is poor, a poor person if he takes a risk similar to that of a simple rich man, is left with nothing or is not capable of doing things as they are, then sometimes that is the super notable Difference , each one according to his Situation can take small big risks but considering his current economic situation, and that is something that varies in almost all people, as every day things in the world are more Difficult then it is more Delicate to take the risks, Taking a risk isHaving a stomach to endure the events that come from life.


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September 30, 2024, 05:18:03 PM
 #32

Taking risk is very crucial part specially when we don't know the outcome of the risk that we take. Sometimes we failed and sometimes we loss but only one thing for sure is that we gain experience everytime we got failed or everytime we loss, if we don't take risk we cant earn big profit we are just like an investors that has so many regrets in the ends in my own opinion i think taking risk is the key to improved.
I think that if we don't know the outcome, we are afraid to take risks but if we do know it, and we know that the outcome is mostly positive, we will be ready to take risks. Not just losing but winning or profiting can also give us an experience and the experience can be more, just like when we play a video game where we are also being rewarded with more experience once we defeat our opponents or if we successfully completed a quest.

In life, all has a risk but there are still poor people. If it was about taking a risk, investing in assets like Gold and BTC, then losing is also possible. Money isn't all anyways but poor people can still be able to regret. Regrets are normal and still shapes us. It must have a reason on why it occurs. So, I won't totally beat myself up.

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September 30, 2024, 08:38:33 PM
 #33

That's why anyone who say bad things about wealthy people they should have few days or weeks of experince to handle the same business, like if anyone say you earn easy money on cryptocurrency or stock market or any other business you give Him the opportunity to show how "easy it is lol " i guess he might ruin the whole business and wealth and success in 2 days wich been built up maybe 5 years.
That's why nothing goes better in life or more easy for average person because world rewards those who takes risks and show the innovation of ideas because without this we would't not have any services or products.
People say those people who think different are grazy or dreaming but they don't realise those things what they use right now like smart phones was grazy before.
So world is run by challenges and risks and unknown things and actions.

In my experience there is a certain level of intelligence required to hold senior management jobs, but beyond that they don't necessarily have special skills beyond experience in a certain sector. Managers certainly have a specific talent and that is generally the ability to corral the right people into the right locations, but also to move people on who might not be the right fit. Investors in the stock market don't need to be especially clever either, in fact buying into index funds is one of the simplest ways to guarantee a steady return, but you're looking at the 5-10% range per year and many crypto investors have a higher risk appetite than that.

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October 01, 2024, 05:55:24 AM
 #34

Taking risk is very crucial part specially when we don't know the outcome of the risk that we take. Sometimes we failed and sometimes we loss but only one thing for sure is that we gain experience everytime we got failed or everytime we loss, if we don't take risk we cant earn big profit we are just like an investors that has so many regrets in the ends in my own opinion i think taking risk is the key to improved.
I think that if we don't know the outcome, we are afraid to take risks but if we do know it, and we know that the outcome is mostly positive, we will be ready to take risks. Not just losing but winning or profiting can also give us an experience and the experience can be more, just like when we play a video game where we are also being rewarded with more experience once we defeat our opponents or if we successfully completed a quest.

In life, all has a risk but there are still poor people. If it was about taking a risk, investing in assets like Gold and BTC, then losing is also possible. Money isn't all anyways but poor people can still be able to regret. Regrets are normal and still shapes us. It must have a reason on why it occurs. So, I won't totally beat myself up.
How could anyone know what the risk or the result would be? Nobody really knows, and nobody can predict the market, we can make assumptions which is fine because that is all we do and speculation for the future of the price is what we are capable of doing, which is why we shouldn't really be having confidence that we "know" the price, we should totally just assume that we are making a prediction.

Difference between these two is that if you predict or assume or guess, then you would just invest whatever you can afford to lose, and take that risk, but if you think you "know" then you are going to be too hungry, as in "I would sell my house and do this because I know it" levels, I can sell my house too, would be nearly 200k, and if I know something, I can double my money and do that a few times and move into a mansion, do I ? I don't because I don't know what's going to happen, I am just guessing and that is the most important part, realizing we are just guessing.

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October 01, 2024, 03:44:46 PM
 #35

Risk is indeed a crucial factor in success, but that view is somewhat complicated by modern realities. Wealth inequality has reached the point where the richest 10 percent holds more than half of the world's income, while the bottom 50 percent holds just a small fraction. Such an imbalance really provides for scenarios where no matter how much risk taken, many will have scant chance of success. This too often allows outcomes to be determined by things outside of the individual's control, such as access to capital or intergenerational wealth.

Besides, modern business has to endure unpredictable geopolitical crises and social instability, which make the task of risk management quite difficult. In 2024, these were among the top threats to business, in ways that recall how even the best-laid plans can easily be derailed by forces beyond their control. After all, while the taking of risk is surely a necessary ingredient in any successful enterprise, inequality and global instability make that journey far more arduous for some than others.

You have made very interesting and insightful observation regarding the unequal distribution of the world wealth, which seems root cause of social instability in many parts the world especially in developing countries. This situation complicates the matters and makes risk management more difficult for strategic planning of the governments. This underscore the need to adapt risks strategies with a focus on global volatility.

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October 01, 2024, 04:18:32 PM
 #36

There's no business in the world which does not have some percentage of risks. Every trader should prepare their minds against risk taking and always making sure there is contingency plan to always guarant your risks.
Honestly whatever a person is try to to do in life now either business or any others thing if it can not take a risk the business will never go well as he wants, because there some people’s that they wanted to achieve their goals and they don’t want to apply any risks how is it going to possibly; one things in this life what ever he/she is trying to do and his afraid of taking a risk it will never achieve that goals.

Because people’s said that every successful person starts with the decision to try the they they, if a person have patients and also have so much consistency nothing can stop you from achieving your goals, but not all people’s understanding that they will be thinking without taking a risk everything will be come normal for them.

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October 01, 2024, 06:58:14 PM
 #37

There's no business in the world which does not have some percentage of risks. Every trader should prepare their minds against risk taking and always making sure there is contingency plan to always guarant your risks.
Honestly whatever a person is try to to do in life now either business or any others thing if it can not take a risk the business will never go well as he wants, because there some people’s that they wanted to achieve their goals and they don’t want to apply any risks how is it going to possibly; one things in this life what ever he/she is trying to do and his afraid of taking a risk it will never achieve that goals.

Because people’s said that every successful person starts with the decision to try the they they, if a person have patients and also have so much consistency nothing can stop you from achieving your goals, but not all people’s understanding that they will be thinking without taking a risk everything will be come normal for them.

Indeed, businesses need risk, and people who avoid it won't learn deep into any venture. But, not all risk helps, it could facilitate trying again in a grand way, still, lots of entrepreneurs failed on chances that won't comeback. Because they entered the enterprise with the mindset of taking risk, and forgot...timing. Risk has its right moment, which few people would know, and when too many minds are on same type of exploit, it doesn't look nice.

Few hands may have adventured on it, and released to the public to earn through them. Hence, figuring out the right set up is most business owner's troubles, and differentiates the successful and failures. In a nutshell, everyone takes risks, but not all performs well.

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October 11, 2024, 04:24:14 PM
 #38

Delete

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October 12, 2024, 05:25:05 PM
 #39

The defining difference between the rich and the poor is in their ability to manege and take risk those business mugs you see are people who have seen risk as a stepping stone so they embrace the risk irrespective of the outcome of the business that is why they are successful and live above the rest of the society
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October 12, 2024, 06:26:48 PM
 #40

There is no doubt that success doesn't come by sitting idle and doing nothing, someone who wants to succeed will have to at least do something about what they are willing to do, but I don't agree with everything you said.

You say life is fair, but then you go ahead and talk about people who are already doing good in their lives and then taking risks with their money, or even if they are taking loans, not everyone can get big loans easily, it's only businessmen who are privileged enough to have that facility. A normal person having no money willing to start a business will not be able to just do it by taking a loan from a bank or anywhere because no one will be able to facilitate the guy.

If the person sells his house, or whatever property he has, and uses that money by risking it to start a business and fails, he will have nothing left, but those who take loans and take risks know they have some back up to hold them up if they fail.

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