Risk is good

[Uhwuchukwu53]

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

Economics cannot make someone successful, but someone can make themselves successful from the failure they have experienced, life is full of challenges, where everything we do is not far from the risk that will occur, we can make wise decisions based on the experiences we have had.

This is factual to life, no body succeed by mere speculation without action, I will solely agree with the two phrases slated here, "economy is a key" but not really the determinants of success , it only help in speeding success and this must be of those who position positive and negatively to be impacted by the economy, no body who fear risk is capable of succeeding no matter how good an economy could be such person can't go above average if an only if it touches average. Right decision to risk taken is really what propelled those who venture into risk to succeed, reasoning the risk and seeing the outcome of the risk before it happened.

[Odusko]

For the younger generations, risk is not an advantage but rather a downfall. If we were living in the 90s, I could agree with what you're saying. Today, almost everything has reached saturation point. Inflation rates continue to rise in almost every country. Housing and car prices are experiencing incredible increases.

In this environment, taking risks is not an advantage in my opinion. It is very difficult to achieve anything in this environment by working, but you can still earn enough to meet your basic needs. If you take risks and don't have savings, you may find yourself unable to meet even your basic needs. This is a time for playing it safe, not taking risks.

Well you are right but also you can't be entirely right, even in that same bad economic conditions you have people building houses and buying luxury car's, so everything depends on the level of cash flow that you have, most times Risk is misunderstood and to that extent Many have missed opportunity that could have taken them to the next level of their finances but for the fear of taking risks their misses out, so one needs to keep trying no matter the situation.

[Compromise me]

It is certain that all things must have their own risks, but what must be remembered is that risks can be avoided by us managing them properly and carefully, and even though sometimes it is necessary to take risks, it must be done carefully so don't do it casually.

For people who dare to take risks, they will get lessons or success but for those who do not dare they will not get lessons, if with success it is still possible to achieve.

Taking risks in life or business gives you good experiences.If you take risks in life you will either learn something or your life will turn out right.If you talk about business taking risks in business is a good thing.I have seen that there is more benefit than risk and even if there is no benefit you will find better ways.If you want to achieve success you have to take risks but you have to take risks wisely and wisely because if we take risks we have an idea whether the risk will be successful or not.

[Shishir99]

Keep in mind that you should not take unnecessary risks if you know that you can do it another way. Some people want to make quick money, which is why they often fall in scams. When people see Ponzi schemes, they usually want to invest and profit from these projects even though most people today know that the Ponzi schemes will disappear after a certain period of time.

Do you think people should take a risk and then cash out their investment asap? I would say that is one kind of unnecessary risk-taking. People know that the ponzi scheme will disappear and they should avoid taking the risk to invest in them. 

[AnisEverRise]

Action cures fear. Most people stay stuck because they're waiting for the 'perfect' moment that never comes. Make a plan, manage your downside, and take the step. Regret is much more expensive than failure.

[Alone055]

Keep in mind that you should not take unnecessary risks if you know that you can do it another way. Some people want to make quick money, which is why they often fall in scams. When people see Ponzi schemes, they usually want to invest and profit from these projects even though most people today know that the Ponzi schemes will disappear after a certain period of time.

Do you think people should take a risk and then cash out their investment asap? I would say that is one kind of unnecessary risk-taking. People know that the ponzi scheme will disappear and they should avoid taking the risk to invest in them. 

Some people know and some don't. There are also MLM (Multi Level Marketing) schemes where users are first asked to buy a package, and then invite other users to increase their own earnings. I have seen so many of such projects, and people invest so much money in them and also keep referring others to it. The majority among these users are internet illiterates who have joined the internet only to use social media platforms like Facebook so that they can upload their pictures daily and like and comment on others' pictures, but now they have heard people say that online earning is a thing, so they are always looking for opportunities, and when they are pitched such projects, they start imagining the good life they are going to have after they join.

So, a good number of people who get into such schemes and projects are the ones who are basically guided into them and they don't even know what they are. I have come across so many people who can't even answer the question that what does the project actually do to produce the profits that they share with you, because they know nothing about it, and they have just been told that they are going to make money if they invest, so they did it.

[ASloveapg]

It is certain that all things must have their own risks, but what must be remembered is that risks can be avoided by us managing them properly and carefully, and even though sometimes it is necessary to take risks, it must be done carefully so don't do it casually.

For people who dare to take risks, they will get lessons or success but for those who do not dare they will not get lessons, if with success it is still possible to achieve.

Taking risks in life or business gives you good experiences.If you take risks in life you will either learn something or your life will turn out right.If you talk about business taking risks in business is a good thing.I have seen that there is more benefit than risk and even if there is no benefit you will find better ways.If you want to achieve success you have to take risks but you have to take risks wisely and wisely because if we take risks we have an idea whether the risk will be successful or not.

It is not possible to improve in life without taking risks, but there is a difference between taking risks blindly and taking risks based on consideration, and by understanding this difference, we must always make the right decisions with management.

All in all, the main thing is that we have to try, if we try, we will have a chance of success or get an opportunity, but where there is no effort, there is no chance, only defeat is certain. Create a tendency to take practical steps, even if we do not get profit at first, we can gain experience from it which will help us in making better decisions in the future. Keep trying, if you want success, you have to take risks, but it is wise to take risks considering reality, planning and your own capabilities.

Of course, risk is not blind, taking risks and being reckless are not the same thing. Before taking risks, it is very important to understand the situation, assess the possibilities, determine the limit of losses and have alternative plans. Because since there is no guarantee, if we face failure here, we also have to be careful about how we will recover or handle ourselves, these are management.

[cxtreenal]

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.

Op Seeing your thread title reminded me of something about taking risks. A new investor came to me for advice on buying an altcoin but I advised him not to buy it. He went back and took advice from someone else and bought that coin. After buying, he showed his portfolio and said that he would make a lot of profit from it. Incidentally, after a few days, the coin started falling and he regretted his rash action. He wanted to take risks and make a lot of profit in a short time.

When he came to me for advice. I advised him to begin slowly Bitcoin accumulation but he had strange logic and was greedy for high profits. At that time, he was afraid of investing and had took risks in the wrong coins but his risks were not fruitful. Taking risks is good in investing but if you want to take risks, avoid taking risks by buying them in bulk. Accumulate Bitcoin slowly and every week and learn about the market. It is better not to take the risk of using leverage before becoming an experienced investor.

[Asuspawer09]

There are always risk for everything that we are doing, if we want to start a business, if we want to invest on something, if we want to find a another high paying jobs, the thing is if you want high reward you always need to risk something that is high risk, it is always high risk and high reward, there are only a few where you will find a opportunity of a high reward with a very minimal risk, One thing that I learn is it is not a bad thing to risk but at the same time you should not always be on risk without having the safety net or a backup plan.

Like when I was just getting starting as a newbie in crypto, It is just always about Bitcoin investment so all of my money are invested only in crypto without realizing that there was too much risk without having the financial foundation and Im doing it on the wrong order, no savings, no liquidity, no emergency funds, no health fund etc. Playing safe is a good thing but staying on it will get you stuck, so you should play safe and take risks depending on your tolerance.

[Adams0001]

That's easier said than done. If you want to take the risk, do it cautiously, not carelessly. Don't just take a step if you're not ready. There will always be a perfect time for you to take that step, and you will figure that out when you're ready.
Some people are not stuck, they just think they're not ready, or it is too early to take the next risky step. As long as you still live, there will always be a chance for you to take that step forward.
I can say, it's better to fail, but you're ready, than fail because you're not. Rushing things usually ends up badly. Not everyone has the same risk appetite.  

That is just the fact, you can't just take risk in anything you don't have knowledge about, because you need to get believe on something before you take the risk and if he work for you then you enjoy the benefits and if you lose you take the lose that is risk taking. But some will just take risk without any experience or knowledge about it is just like someone is just trading without getting any knowledge about it you will just be losing back to back because no any analysis or methods.

you need understanding before risky your funds on business or investment. Risk is good if he works for you but many people have been taking the risk but they always failed because they don't have the opportunity to achieve it. When taking risk you just need to put it as 50/50 because you won't get full assurance of getting profits is just lose or gain.

[Faizan Zen]

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.

I've always believed that risk isn't always a good choice. Of course, risks can turn into opportunities as long as we can analyze them. So, a risk is no longer considered a risk when we fully understand the analysis, and it becomes an opportunity. However, if we blindly take risks without a clear basis for analysis, that's gambling.

[Easteregg69]

If risk is good then good is bad.

You son of a casino owner! You would flip a coin for someone else to pick up?

I get my beer. Life is good.

[dunfida]

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.

That's easier said than done. If you want to take the risk, do it cautiously, not carelessly. Don't just take a step if you're not ready. There will always be a perfect time for you to take that step, and you will figure that out when you're ready.
Some people are not stuck, they just think they're not ready, or it is too early to take the next risky step. As long as you still live, there will always be a chance for you to take that step forward.
I can say, it's better to fail, but you're ready, than fail because you're not. Rushing things usually ends up badly. Not everyone has the same risk appetite. 

But at the moment that you would be starting out on dealing up with something or trying out to deal with investing/business then it cant really be avoided that you will be having those errors and mistakes on which this is indeed that common if we do speak about dealing up with something. Taking up a risks is good if we do speak about achieving success once that risks pays off and it would be bad if it do ends up on being a failure. There's always that two side of the coin on which it could neaither be a success or failure and thats why its recommended that you should really be that mindful when it comes to risks management. The good thing on here is that as you do hover yourself on dealing up with these things then you do have the chance to  make yourself that even more better as you do go ahead. As long you are wary with your actions then it should be just fine.

Always assure that you do always have back up plans just in case that things wont go in your way because we do know that not everyone do really be able to achieve success no matter how hard they would be working on but of course it would be best that you should try rather than on not doing anything.

[Shishir99]

Some people know and some don't. There are also MLM (Multi Level Marketing) schemes where users are first asked to buy a package, and then invite other users to increase their own earnings. I have seen so many of such projects, and people invest so much money in them and also keep referring others to it. The majority among these users are internet illiterates who have joined the internet only to use social media platforms like Facebook so that they can upload their pictures daily and like and comment on others' pictures, but now they have heard people say that online earning is a thing, so they are always looking for opportunities, and when they are pitched such projects, they start imagining the good life they are going to have after they join.

Yeah, I will have to agree with you.
There are people who know nothing about the internet or how scammy it is. Often, people come to me with a random URL, saying they found a lot of crypto on that website, and I have to help them to withdraw the funds. These are basically scam exchange websites with fake million-dollar balances. These exchanges ask victims to make deposits to cover transaction fees or something similar.

We already covered Ponzi and MLM schemes. These people still fall for these old scams. These are unnecessary risks, and I cannot tell people that Risk is good.

[Mehmet69]

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.

I've always believed that risk isn't always a good choice. Of course, risks can turn into opportunities as long as we can analyze them. So, a risk is no longer considered a risk when we fully understand the analysis, and it becomes an opportunity. However, if we blindly take risks without a clear basis for analysis, that's gambling.

Yes, you are right. We can compare taking risks without knowing anything to gambling. It is good to have a risk-taking mindset when investing in something new. But if that investment is made without knowing everything, then we can call it gambling. Just as in gambling we depend on luck, investing without knowing is also completely dependent on luck. Such investments most of the time cause losses to the investor.

It is good to have a tendency to take risks. This is because an investor can also learn to know different investment systems very well. Later, when the time is right, it becomes easier to make the right decision. So, it is good to invest with a risk-taking mindset, but one should not completely rely on risk without knowing everything.

[Hanadawa]

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.

I've always believed that risk isn't always a good choice. Of course, risks can turn into opportunities as long as we can analyze them. So, a risk is no longer considered a risk when we fully understand the analysis, and it becomes an opportunity. However, if we blindly take risks without a clear basis for analysis, that's gambling.

If every risk were a good choice, I think everyone would be willing to take risks. If risks could allow you to progress, grow, and learn from failure, then I don't think anyone would be foolish enough to refuse to take risks. The problem is what happens after taking the risk, and how big the problem is. That's what makes people afraid to take risks. I don't think the success rate of taking risks is that high. A person has a 50:50 chance of success or failure. I've seen many people go bankrupt and lose their futures because they tried to take risks. One of the reasons they failed was because they didn't fully understand the risks they were taking. I think it's important to think realistically and only take risks when the chances of success are greater.

[junder]

Taking risks in life or business gives you good experiences.If you take risks in life you will either learn something or your life will turn out right.If you talk about business taking risks in business is a good thing.I have seen that there is more benefit than risk and even if there is no benefit you will find better ways.If you want to achieve success you have to take risks but you have to take risks wisely and wisely because if we take risks we have an idea whether the risk will be successful or not.

The positive side of taking risks is that there are lessons that we will get, with successful results it will make us gain experience that can be shared and with results that occur is disappointing it will make us gain experience as well as lessons that I can also share at any time.

And the thing that needs to be remembered is that we should not just take any risk, even if it must be done, there must be a calculation first, because the big chance is failure.

[cxtreenal]

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.

I've always believed that risk isn't always a good choice. Of course, risks can turn into opportunities as long as we can analyze them. So, a risk is no longer considered a risk when we fully understand the analysis, and it becomes an opportunity. However, if we blindly take risks without a clear basis for analysis, that's gambling.

You are right. If you can be confident through risk analysis, then it is right to take this risk. It is not right to take risk blindly and trusting others for high profits. Risk is not a good decision in most cases if you can not trust by doing proper research. But you need to gain experience to reach this stage. Although if someone asks me about investment, I will take risk by investing in the best coin (Bitcoin).

[GIF-JOBS]

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.

I've always believed that risk isn't always a good choice. Of course, risks can turn into opportunities as long as we can analyze them. So, a risk is no longer considered a risk when we fully understand the analysis, and it becomes an opportunity. However, if we blindly take risks without a clear basis for analysis, that's gambling.

You are right. If you can be confident through risk analysis, then it is right to take this risk. It is not right to take risk blindly and trusting others for high profits. Risk is not a good decision in most cases if you can not trust by doing proper research. But you need to gain experience to reach this stage. Although if someone asks me about investment, I will take risk by investing in the best coin (Bitcoin).

We should never blindly take risks in something by listening to others or being overconfident. We should first consider it and then if it is reasonable to take the risk and there is good potential, then only we should take the risk there and take the next step. Here too, we have to make decisions through research using our own experience, take risks in reasonable places, Bitcoin investment is much more reasonable especially when we think of making long-term investments. But in this case, no alt coin is suitable for long-term investment in any way, and to understand this, we first need to know about them so that we can understand the difference between them and avoid entering the wrong place.

[Razmirraz]

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.

Fear is one of the natural human responses to uncertain situations. When in a situation like this, it is very important to manage how to deal with it so as not to continue to be trapped in the comfort zone. It takes wise steps to control fear so that it does not continue to control you, so it is necessary to take risks and make the right decisions as a process of achieving success.
Don't let fear stop you. Keep moving forward, because failure is part of the learning process. Trying something new can pave the way for you to achieve what you desire. Never regret what you do (even if it fails at first), but you will regret what you don't do.