Risk is good

[junder]

Success in life requires a certain level of risk, and not all of those risks will go through definitely… some will fail, and those ones will turn into lessons…
Failure is not something to run from, it is actually part of the whole journey..  Most times, that is where the real growth is...

And yeah, as someone in your 20s, do take risks… but I’m going to add something, make it calculated crazy risks, not just random crazy moves..
Take risks, but still think things through..  because balance matters a lot..

I agree with you, for success sometimes we need risky actions or precisely take risks but that will not guarantee success because there is also a chance of failure and with failure as a lesson it is not too bad, but not everyone can make failure a lesson because there are also those who immediately give up because they are not able because of circumstances or others. But if we are still young then we should do what is in front of us, as long as it produces and does not harm others then don't be ashamed to do it.

[Bluedrem]

You feel scared? That’s good because that’s what will make you grow. People are scared to take the next step whether that is to apply to another job or to start a business. But if you don’t take the step, you won’t progress. You’ll be stuck in the same position forever. Sometimes it’s better to fail and learn than regret not trying at all.

So when there’s risks, make informed decisions and take it.

People take precautions because of fear. Because people try to avoid the thing they are afraid of and to avoid it, people research how they can improve more. In that case, from one side, we can consider fear as a prerequisite for courage.
But courage makes people more proactive. Again, only the brave achieve success, so when you start a task, you have to move towards it with courage, otherwise failure can come and surround you.

[cxtreenal]

Success in life requires a certain level of risk, and not all of those risks will go through definitely… some will fail, and those ones will turn into lessons…
Failure is not something to run from, it is actually part of the whole journey..  Most times, that is where the real growth is...

And yeah, as someone in your 20s, do take risks… but I’m going to add something, make it calculated crazy risks, not just random crazy moves..
Take risks, but still think things through..  because balance matters a lot..

I agree with you, for success sometimes we need risky actions or precisely take risks but that will not guarantee success because there is also a chance of failure and with failure as a lesson it is not too bad, but not everyone can make failure a lesson because there are also those who immediately give up because they are not able because of circumstances or others. But if we are still young then we should do what is in front of us, as long as it produces and does not harm others then don't be ashamed to do it.

Risk does not guarantee success, so we need to take risks and apply a risk tolerance policy. You know that in gambling you will lose most of the time, so if you risk a lot of funds, it would be unwise to do so. One reason for giving up could be the lack of available funds or some people do not want to take risks because they are fair with their funds and care about their family.

It would be a good idea to consider your life failures as educational if you do not repeat those mistakes in the future. You have to take risks to gain knowledge but there is no guarantee of success. I am personally involved in Bitcoin investment but try to avoid taking risks. As part of this effort I am accumulating Bitcoin regularly through discretionary income.

[Pablo-wood]

Success in life requires a certain level of risk, and not all of those risks will go through definitely… some will fail, and those ones will turn into lessons…
Failure is not something to run from, it is actually part of the whole journey..  Most times, that is where the real growth is...

And yeah, as someone in your 20s, do take risks… but I’m going to add something, make it calculated crazy risks, not just random crazy moves..
Take risks, but still think things through..  because balance matters a lot..

I agree with you, for success sometimes we need risky actions or precisely take risks but that will not guarantee success because there is also a chance of failure and with failure as a lesson it is not too bad, but not everyone can make failure a lesson because there are also those who immediately give up because they are not able because of circumstances or others. But if we are still young then we should do what is in front of us, as long as it produces and does not harm others then don't be ashamed to do it.

Every risk should be properly researched. It's not wise in my own thinking for someone to take a risk without doing proper research on what it takes to progress in a venture. Success comes to people who understands risks and how to manage it. This is why we have people go into same adventure but not all excel.

Knowledge, patience, emotional intelligence and determination is one of the things that help conquer fear especially when a good research about the business, investment or even career path is to be decided. Failure is part of the development process. It teaches us what works and what doesn't making our next approach more precise.

[Nanga Parbat]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

[DYOR+BTC]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

I disagree with you on that opinion that a poor person finds it difficult taking risk. I hope you know that it takes great risk and incomparable sacrifice to escape poverty and over 60 percent of wealthy people now where poor people that finds it difficult providing for there families. In the issue of risk, all I can say about it is that it all depends on mindset. All don't have same mindset about escaping poverty so we cannot classify all in that same category of people that lacks that mindset relentlessly standing to take risk.

[I_Anime]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

Before taken any risk you should have the mindset that is always two ways either it lead to a positive or a negative outcome . Relating to cryptocurrency either you make profit or you loss , but the bigger risk is not taken any risk at all , your ability to take risk matters so much in this space many lacks that’s why they are still where they are till now , some are still scared of starting their bitcoin investment because of the risk and fear of making losses but still that shouldn’t stop one for taken risk , is far better than regretting later.

[junder]

Risk does not guarantee success, so we need to take risks and apply a risk tolerance policy. You know that in gambling you will lose most of the time, so if you risk a lot of funds, it would be unwise to do so. One reason for giving up could be the lack of available funds or some people do not want to take risks because they are fair with their funds and care about their family.

It would be a good idea to consider your life failures as educational if you do not repeat those mistakes in the future. You have to take risks to gain knowledge but there is no guarantee of success. I am personally involved in Bitcoin investment but try to avoid taking risks. As part of this effort I am accumulating Bitcoin regularly through discretionary income.

Yes, risk itself implies uncertainty so there’s no guarantee of success or of getting good results.
But taking risks isn’t inherently bad because as mentioned earlier, there are still lessons we can learn from less than ideal outcomes.

We’ll do our best for ourselves because it’s for our own sake, so we need to be smart about considering the actions or decisions we’ll make whether in business, investing, or other areas.

[fredericktaylor]

Risk does not guarantee success, so we need to take risks and apply a risk tolerance policy. You know that in gambling you will lose most of the time, so if you risk a lot of funds, it would be unwise to do so. One reason for giving up could be the lack of available funds or some people do not want to take risks because they are fair with their funds and care about their family.

It would be a good idea to consider your life failures as educational if you do not repeat those mistakes in the future. You have to take risks to gain knowledge but there is no guarantee of success. I am personally involved in Bitcoin investment but try to avoid taking risks. As part of this effort I am accumulating Bitcoin regularly through discretionary income.

Yes, risk itself implies uncertainty so there’s no guarantee of success or of getting good results.
But taking risks isn’t inherently bad because as mentioned earlier, there are still lessons we can learn from less than ideal outcomes.

We’ll do our best for ourselves because it’s for our own sake, so we need to be smart about considering the actions or decisions we’ll make whether in business, investing, or other areas.

It is true that risk is uncertain, If we take risks knowingly and knowingly about where we are using our valuable money, we can expect success in the future. We have to accept that if we do not take risks, we can never expect great success in life. However, if we can take risks with awareness, we can expect something good in the future. When a person takes risks knowingly and knowingly, it becomes much easi to accept the result, whether it is positive or negative, and thus, we can protect ourselves from big losses. Taking risks is good, but taking risks is not wise in all cases.

[o48o]

Risk does not guarantee success, so we need to take risks and apply a risk tolerance policy. You know that in gambling you will lose most of the time, so if you risk a lot of funds, it would be unwise to do so. One reason for giving up could be the lack of available funds or some people do not want to take risks because they are fair with their funds and care about their family.

It would be a good idea to consider your life failures as educational if you do not repeat those mistakes in the future. You have to take risks to gain knowledge but there is no guarantee of success. I am personally involved in Bitcoin investment but try to avoid taking risks. As part of this effort I am accumulating Bitcoin regularly through discretionary income.

Why would it be guarantee? It can literally be cause of bankruptcy. Not all risks are even worth the education part, like you don't play with guns only to learn that you shouldn't play with guns, because lesson can be fatal.
But i find it kind of funny that people see bitcoin as risk free, because people who got to be millionaires because of it took the biggest risks. Imho it's what you are risking is the important part. If you are looking to gain something, that takes a leap of faith and bravery. But when it fails, depending what you risked, you call it either a "trying", or recklessness and irresponsible. If bitcoin would have failed, everyone invested into it would be called reckless and irresponsible. No one knew what it would be.

[beej]

You feel scared? That’s good because that’s what will make you grow. People are scared to take the next step whether that is to apply to another job or to start a business. But if you don’t take the step, you won’t progress. You’ll be stuck in the same position forever. Sometimes it’s better to fail and learn than regret not trying at all.

So when there’s risks, make informed decisions and take it.

Risk is always a scary and a bit traumatic for some. Since a lot of
us fear failures, losses and disappointments. But risk exist for a good
reason, it teaches us that success and gains comes with a price.
Everything has a price to pay. Calculated risk on the other hand
is a smart approach to handling risk, it shows how to prepare and
accept accountability for whatever the goal, price and outcome is.
Risk produces successful and clever individuals.  

[ChocolateBitcoinK]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

Before taken any risk you should have the mindset that is always two ways either it lead to a positive or a negative outcome . Relating to cryptocurrency either you make profit or you loss , but the bigger risk is not taken any risk at all , your ability to take risk matters so much in this space many lacks that’s why they are still where they are till now , some are still scared of starting their bitcoin investment because of the risk and fear of making losses but still that shouldn’t stop one for taken risk , is far better than regretting later.

The result will be positive or negative, but if we take risks in the right place in a planned manner, then in that case we will have the possibility of success, whereas if we do not take risks, we will have no possibility of progress. So if we want to get something good, we must first create the mentality of taking risks. By taking risks, we can get closer to success where we can get something good, and although it is not certain, there is a possibility. And this has to be done in all cases, and since success is also not certain, we have to be ready to accept the loss. So it is necessary to take risks, but it should be in the right place, planned and consciously, blindly taken risks will definitely bring harm.

[I_Anime]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

Before taken any risk you should have the mindset that is always two ways either it lead to a positive or a negative outcome . Relating to cryptocurrency either you make profit or you loss , but the bigger risk is not taken any risk at all , your ability to take risk matters so much in this space many lacks that’s why they are still where they are till now , some are still scared of starting their bitcoin investment because of the risk and fear of making losses but still that shouldn’t stop one for taken risk , is far better than regretting later.

The result will be positive or negative, but if we take risks in the right place in a planned manner, then in that case we will have the possibility of success, whereas if we do not take risks, we will have no possibility of progress. So if we want to get something good, we must first create the mentality of taking risks. By taking risks, we can get closer to success where we can get something good, and although it is not certain, there is a possibility. And this has to be done in all cases, and since success is also not certain, we have to be ready to accept the loss. So it is necessary to take risks, but it should be in the right place, planned and consciously, blindly taken risks will definitely bring harm.

That’s why risk is not something should rush and take , you have to research thoroughly to see if the risk worth taken . In order word you shifting the possibility more to the positive, increasing the chances of you making something good from the risk you are planning on taken . Many usually miscalculate and take risk at the wrong time , like those that are easily sway by fomo they won’t buy on time , until the price is already increasing that’s when they will start jumping in especially those that are in for short term gains .

[puloweh555]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

What you say is true. It's true that if you want to be successful you have to be brave enough to take risks, which motivates us. However, not everyone is good at taking risks because not everyone has the same capacity to bear the consequences of those risks.

Furthermore taking risks isn't a magic bullet that everyone can use with the same results. While taking high risks in life can lead to high success, this shouldn't be taken for granted. High risks also mean a high chance of failure, especially if you lack skills, lack a network and have limited mental resilience. Therefore, it's more accurate to say that not everyone is good at taking risks, risks are best taken if you have a measured concept and strong skills.

[Youngrebel]

What you say is true. It's true that if you want to be successful you have to be brave enough to take risks, which motivates us. However, not everyone is good at taking risks because not everyone has the same capacity to bear the consequences of those risks.

Furthermore taking risks isn't a magic bullet that everyone can use with the same results. While taking high risks in life can lead to high success, this shouldn't be taken for granted. High risks also mean a high chance of failure, especially if you lack skills, lack a network and have limited mental resilience. Therefore, it's more accurate to say that not everyone is good at taking risks, risks are best taken if you have a measured concept and strong skills.

Risk taking is not  something you just jump into blindly, and it definitely does not guarantee success. Not everyone avoids risk because they are unwilling buh many people are simply being realistic about their situation. If someone lacks financial stability, skills, or a support system, the consequences of failure can be much heavier for them. So caution, in that case, is not weakness but to me it is actually awareness.

[As-Soon-As]

You feel scared? That’s good because that’s what will make you grow. People are scared to take the next step whether that is to apply to another job or to start a business. But if you don’t take the step, you won’t progress. You’ll be stuck in the same position forever. Sometimes it’s better to fail and learn than regret not trying at all.

So when there’s risks, make informed decisions and take it.

Yes, it is never possible to progress in life without risk, only those who take risks can achieve maximum progress. People who are afraid of taking risks cannot progress in life in any way. Taking risks in business is a better idea than taking risks in a job. So in the current situation, if a person wants to be financially successful in the future, then of course he should take risks in his business, this will be the best plan for him.

[STT]

The history to this topic goes back basically a hundred years or more.  The Federal reserve was setup in 1913 and in 1936 Keynes described 'animal spirits' which is a reference to the crazy side of all investors and consumers themselves to buy just about anything to see if it floats or works or is worth anything.  That phenomena accelerates at times during markets till it can reach pure stupidity as widely acknowledged in the 'tech boom' of the 90's for example or many other periods, the housing boom was quite nonsense and known in its corruption imo.

Excessive risk isnt a maybe, it happens periodically because at first its taken as a positive and even a requirement for economies to exist and prosper.   Then it all gets out of control and destroys itself causing far more harm then good.    Balance is the objective but apparently very hard for even otherwise intelligent people to realize in their actions.

Also many writers, Keynes was referencing from science in Newton who did the gold standard through to pure fiction not even economic or finance.

Even apart from the instability due to speculation, there is the instability due to the characteristic of human nature that a large proportion of our positive activities depend on spontaneous optimism rather than on a mathematical expectation, whether moral or hedonistic or economic. Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as a result of animal spirits – of a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.

https://time.com/archive/6644257/10-questions-for-alan-greenspan/

[gracreavix]

The poor person always reluctant to take risk. I personally read many times that success open the doors for those who are willing to take risk. But I disagree risk is not always about good for everyone. It depend upon the persons capability. Not everyone has the potential or strength to tackle the outcomes of the risk. As risk not always give immediate profit it takes time. Risk means the probability of loss and profit both so in the case of loss may be next person has lack the ability to bear at the loss. That's why I always believe that not every definition or theory will be equally effective for all. So I suggest that it's better to rely on experience or proper guideline before making any decisions for business, it is wiser approach.

What you say is true. It's true that if you want to be successful you have to be brave enough to take risks, which motivates us. However, not everyone is good at taking risks because not everyone has the same capacity to bear the consequences of those risks.

Furthermore taking risks isn't a magic bullet that everyone can use with the same results. While taking high risks in life can lead to high success, this shouldn't be taken for granted. High risks also mean a high chance of failure, especially if you lack skills, lack a network and have limited mental resilience. Therefore, it's more accurate to say that not everyone is good at taking risks, risks are best taken if you have a measured concept and strong skills.

True, risk is not the same for everyone. some people can handle the losses, others really can not. So just saying take risks is not enough on its own.

I will say, risk makes more sense when there is understanding behind it. Without understanding, it is just hope, hoping for the best. Even if is not a proper skill and experience, at least just a simple plan is better than just being hopeful.

[Somegory]

You feel scared? That’s good because that’s what will make you grow. People are scared to take the next step whether that is to apply to another job or to start a business. But if you don’t take the step, you won’t progress. You’ll be stuck in the same position forever. Sometimes it’s better to fail and learn than regret not trying at all.

So when there’s risks, make informed decisions and take it.

True.

It's better to be tasked for trying and failing than to be tasked for not trying at all, the latter brings eternal pain to your mind and soul and the other sweets the mind, even if you fail you will say this word "at least I tried".

To me taking risk is what the living should do, only the dead are supposed to stay dead and do nothing, you can't be living and not taking risks, it should be your way of going for adventure.

I am equally scared and excited about the future at the same time, it's going to be straight up fun.

[Halifat]

You feel scared? That’s good because that’s what will make you grow. People are scared to take the next step whether that is to apply to another job or to start a business. But if you don’t take the step, you won’t progress. You’ll be stuck in the same position forever. Sometimes it’s better to fail and learn than regret not trying at all.

So when there’s risks, make informed decisions and take it.

Yes, it is never possible to progress in life without risk, only those who take risks can achieve maximum progress. People who are afraid of taking risks cannot progress in life in any way. Taking risks in business is a better idea than taking risks in a job. So in the current situation, if a person wants to be financially successful in the future, then of course he should take risks in his business, this will be the best plan for him.

The most biggest risk is running away from risk, for every success there is a struggle behind it but people don't normally see it that is why they don't see anything risky behind a successful person. For anyone to survive you have to be involve in risk taken because every success comes through risk taken and if we decide to avoid it we will definitely be in one place forever and people that I've decided to get involved will continue to progress.