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Topic: All business need to risk, so not only crypto! (Read 708 times)

member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
According to one of the legendary member of this forum, he said life is risky. If you are alive your taking a risk, if you sleep you take a risk, if you wake up you're taking a risk, if you go out you're taking a risk already so life generally is full of risk not just bitcoin or cryptocurrency that are risky, infact the risk of cryptocurrency is even very minimal because it's volatility has been converted into a means of earnings.

For anyone to be successful they most have to take risk. risk in life is inevitable that means everyday we meet risk and we have to take the risk in order to become what you wish to become. while in cryptocurrency we have to wager around with some funds in order to make profit and that's our only risk, it's either it plays out our own way or the opposite way.
 
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
There is risk in business but it is limited.  But very high risk in Crypto.  But it is true that you can easily face a lot of losses as in the risk of crypto.  Again you can get success overnight.  So knowing a little about Crypto we should also take risk.
We're here for what purpose actually? Ofcourse we should be counting our profits in huge sums and making bold moves that will make us end ontop. We're the dedicated ones that will make our dream come through and whatever we do, ensure to always have what to relent on. Perhaps We can continue to lose in silence but ensure we increased our spots and knowing our mistakes. We can grow to become seriously minded on the basic necessities that generates incomes. Risks is decided on businesses and crypto, it's found in every sector that has the stream of making incomes.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? My guess is less because a lot of people have had success with this crypto.
Some are investing and some are making a lot of money by trading. So why can't you?

There is nothing in this world which doesn't have any kind of risk.
The probability can vary ofcourse for different things but there won't be any certainity with anything and so there will always be some kind of risk associated with it.
The crucial thing is how we handle the risk and that can only improve if we effectively manage our risks.
Risk management is the key here and yes, as you said, the capability to take those risks plays a vital role in making money.
newbie
Activity: 53
Merit: 0
There is risk in business but it is limited.  But very high risk in Crypto.  But it is true that you can easily face a lot of losses as in the risk of crypto.  Again you can get success overnight.  So knowing a little about Crypto we should also take risk.
full member
Activity: 322
Merit: 211
Know your investment first before risking your funds. Be aware of its risks and on how to overcome those risks so that you won’t end up regretting hoping that you did not risk your time and money in an investment you’re not capable enough to handle. Well, not only crypto but all investments I think are definitely highly risky if you enter them without prior research and market analysis. The risk of losing will always be present most especially if you invest because of FOMO, without even trying to understand first the nature of your investment.
 Risk identification is important because it allows individuals and organizations to anticipate potential problem and challenges, Risks can be small or large. Risks can be caused by internal and external factors. Internal factors would include employees, loss of cash, inventory or assets. External factors would include hackers, technology and competitors. You must decide on how much risk you are prepared to take in your business. Some risks may be critical to your success; however, exposing your business to the wrong types of risk may be harmful. Remember that risk management is an ongoing process, and proactive identification and mitigation of potential business risks are essential for maintaining resilience and sustainable growth.
  Every type of business carries inherent risks, as risk is an inherent part of the business environment. The nature and extent of these risks can vary depending on factors such as industry, market conditions, economic climate, and individual business operations. Just like every other investment, strategizing is very important in our business and our day to day life. You can’t just wake up and jump into anything without thinking it through or having a plan. As we all know “failure to plan is a plan to fail” if we don’t plan we are doom to fail. Research is a must in starting up a business be it crypto investment or your own business. It is necessary to know what you are getting into so as to mitigate the risk involve.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
Crypto is certainly high risky due to its high market volatility. However, if you know how to identify those risks and be able to manage them wisely, there’s no reason that you will not be successful in the end. The problem with some people is that they start to enter crypto investment or trading believing that it’s a get rich quick thing, so they end up failing and losing everything they have and eventually blame crypto and call it a big scam.
Before even one would think of going into crypto he or she must have first identify and known that it's not an easy place because of all the risked involved in it so learning how to manage and understand the risks is the only thing that one must do. Although some persons get into crypto with the wrong orientation and maybe vigour they got from others testifying about the benefits they have enjoyed but they fail to know that it's a very volatile and risk filled atmosphere and only the strong survive out here especially if you are the type that likes trying out new things without proper evaluation of that thing.
Know your investment first before risking your funds. Be aware of its risks and on how to overcome those risks so that you won’t end up regretting hoping that you did not risk your time and money in an investment you’re not capable enough to handle. Well, not only crypto but all investments I think are definitely highly risky if you enter them without prior research and market analysis. The risk of losing will always be present most especially if you invest because of FOMO, without even trying to understand first the nature of your investment.
sr. member
Activity: 686
Merit: 403
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? My guess is less because a lot of people have had success with this crypto.
Some are investing and some are making a lot of money by trading. So why can't you?
Listen to yourself, you said crypto, that includes all altcoins as well, you never said bitcoin, and mind you, altcoins are very risky, I won't advise anyone with less knowledge about crypto to invest in altcoins.

Altcoins are the biggest risk and worry in this crypto space, if that's why people are running then its worth running from until you have the proper knowledge how to dodge bullets in altcoins space.

A lot of people have had successful stories with crypto but many more have lost a fortune in crypto, when you cash out from any crypto investment successfully it's because some idiots are still holding their bags, you take profit means you dump on them.

I am a huge fan of altcoins and I was just too stubborn to let go thats why I ended up making a lot of money from altcoins, with a lot of mistakes comes a lot of knowledge.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
Crypto is certainly high risky due to its high market volatility. However, if you know how to identify those risks and be able to manage them wisely, there’s no reason that you will not be successful in the end. The problem with some people is that they start to enter crypto investment or trading believing that it’s a get rich quick thing, so they end up failing and losing everything they have and eventually blame crypto and call it a big scam.
Before even one would think of going into crypto he or she must have first identify and known that it's not an easy place because of all the risked involved in it so learning how to manage and understand the risks is the only thing that one must do. Although some persons get into crypto with the wrong orientation and maybe vigour they got from others testifying about the benefits they have enjoyed but they fail to know that it's a very volatile and risk filled atmosphere and only the strong survive out here especially if you are the type that likes trying out new things without proper evaluation of that thing.
full member
Activity: 700
Merit: 205
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? My guess is less because a lot of people have had success with this crypto.
Some are investing and some are making a lot of money by trading. So why can't you?
some people lose their Bitcoin they feel like bitcoin is a scam but when they are into business like another business and when they lose their market they don't blame the market why if you happen to Bitcoin they will blame bitcoin and also blame the person that introduce them to Bitcoin, so what I'm saying is that every business you are doing both online business and the offline business all is all about risk so we don't need to have the thinking or the thought that manual business is more profitable and the more advantageous than online business so the thing is that both of them have disadvantages and the advantages it is depends the kind of business you are into when lock one to run against you it will happen to you so when you want to be a beneficiary to a business it will also happen to you let us not to be sentimental in anything that involve business
full member
Activity: 448
Merit: 130
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? My guess is less because a lot of people have had success with this crypto.
Some are investing and some are making a lot of money by trading. So why can't you?
No matter what business you go into in the world there is definitely risk, maybe more or less. But it is true that if you want to do any business, you first need courage, which is not available to everyone. Yes, crypto is high risk but there are categories like bitcoin, ethereum which are very very low risk and coins are very reliable for investment. Many earn by investing, some earn in short time by trading. I believe in investing rather than trading, if I invest in top alt coins like bitcoin, ethereum and hold for long term it will surely yield profit. But I don't want to trade because there is more risk and I don't want to lose my money in short time.
full member
Activity: 532
Merit: 229
Everything involves risk, nothing is risk free. Big success can never be achieved without taking risks. In fact, nothing will give you a guaranteed profit, so you must take risks. So invest or trade with what you can afford to lose. And of course that investment or business must be in a good place. This will greatly reduce the risk.
member
Activity: 364
Merit: 89
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Off cause crypto involve taking high risk and sacrifice, the time you spent while trading is a very big sacrifice and the fact that plenty people are making  profit or success doesn't justify that crypto is easy and require no risk.
However, success in crypto is determined by the  amount of sacrifice, risk and analysis been carried out but all these depends on grace. Your expertise only help you to make analysis with 60 to 70% possibility or chance of making profit but, your analysis happening is grace.
sr. member
Activity: 686
Merit: 286
You do business but you don't take money risk then how do you think you will succeed in business. Every entrepreneur takes financial risks and then builds a business of his own. I don't understand why we consider it risky to invest only in crypto, yes investing in crypto is relatively more risky than other businesses but investing in these platforms is more risky but the potential of profit is high. It is natural to risk a little more money where the potential for profit is greater. If a person thinks that he will do restaurant business, but his money has to be risked because if he starts restaurant business, how will his restaurant work later or whether his restaurant will make profit or loss, but that person does not know. Since one does not know in advance whether there will be profit or loss, it can definitely be called money risk. We must take risks in any business, not just crypto.
full member
Activity: 700
Merit: 205
Risk is what people use to measure success, i will agree with you and reasoning that all business is all about risk and without risk no business will be successful, some people borrow money to start up a business and the business can offer lose and can also offer profits the way it maybe, but you can not depend on the way that any investment will be successful but when you understand the nations of business you will understand that the profits we make in our investments may be risk, so all business is risk
hero member
Activity: 3052
Merit: 685
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? My guess is less because a lot of people have had success with this crypto.
Some are investing and some are making a lot of money by trading. So why can't you?
There are high rate of successful traders that are now living their dreams, but did you know that there are even higher percentage those who lose from crypto trading and now are blaming crypto for that. So you cannot tell easily that crypto can offer get rich quick and has lower risk to deal with. As far as I know, crypto trading or investing have definitely bigger risk than any other type of investment.
legendary
Activity: 2268
Merit: 1655
To the Moon
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? ..

Any business is very different from investing in cryptocurrency. And it is less risky, since you have the opportunity to insure your risks, which is impossible to do in the crypto sector. In addition, you can also add to the above high volatility, which greatly increases your risks when investing in crypto.
hero member
Activity: 3052
Merit: 606
Every business has its own risk, so if you are not ready to take some risk, better not to engage in any type of business, most especially for crypto as it involves a lot of risk. But I don’t think crypto investors have thought about this before they decide to enter crypto investments. Some are even not aware that there are high chances of losing in crypto, as much as they can also gain maximum profits if they’re able to overcome the risks they encounter.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
Crypto is certainly high risky due to its high market volatility. However, if you know how to identify those risks and be able to manage them wisely, there’s no reason that you will not be successful in the end. The problem with some people is that they start to enter crypto investment or trading believing that it’s a get rich quick thing, so they end up failing and losing everything they have and eventually blame crypto and call it a big scam.
newbie
Activity: 26
Merit: 14
All businesses involve risk so the reality is that you should have the ability to take risks.

Everyone says crypto Is high risk is it really true? My guess is less because a lot of people have had success with this crypto.
Some are investing and some are making a lot of money by trading. So why can't you?
It's either take the risk or lose the opportunity, not just in crypto but in everything. However, taking risks must also be accompanied by sufficient consideration and knowledge, because if you only take risks I think it's the same as gambling. Meanwhile, if we take risks with knowledge, we will be more open to foresight, what can happen, and what we should do when something unwanted happens to us, for example.

Crypto is something that is high risk, there is nothing wrong with that. Because I have also experienced losses due to lack of knowledge when I first entered the crypto world, and I can say that it was indeed due to my pure lack of knowledge at that time. But as my knowledge increased, I was able to slowly avoid scam projects for example or other things related to losses.
sr. member
Activity: 616
Merit: 274
In this world, we all have the same rights, namely the same time for everyone. The main thing for someone to progress is that person's mindset, for example in real life, if we just want to eat, we have to try to earn money and then buy rice or bread to meet our stomach's daily needs. If we don't move forward, rice and bread won't be bought.

Likewise with business, if we don't start it we will never know what the results will be, indeed running a business is full of obstacles and challenges and risks will always be there in running it. When running a business, don't be afraid of making mistakes or even afraid of failure. Failure in the business we manage will always exist. Failure is one of our best teachers or experiences. This doesn't mean that failure makes us weak, it actually makes us better at improving our shortcomings in running a business.

Indeed, in business or investing in Cryptocurrency in Bitcoin the risk is very high, but we have to study the blockchain system, many people do not understand Satoshi's creation. Satoshi Nakamoto is the helper or savior of every human being from world poverty (for those who understand technology). What we know is that the fiat system has been governing the world for more than 100 years, with families owning 90% of the world's banking assets. Whether we save in the bank will make us rich, saving in the bank will make our money eroded by inflation. What can make us rich is that we ourselves control our money, not the bank.

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