Topic: Coping with Risk. (Read 1354 times)

i learn from experience, just staying and not taking risk is also big mistake that people don't even realize, if they think their life is just at the bare minimum where it could only make ends meet they should start turning their life around, there are quite literally many paths to take and definitely every one of them will include hard work and taking risk, a person working blue collar job can be getting a degree through weekend class or online class and turn their life around working white collar job, thats what i mean with trying to go out of comfort zone, taking classes will definitely make change towards our current life but sometime its needed same with investing, do we just let our stablecoin reside in our wallet for few years meanwhile people are profitting just from trading it or just investing it to other project thats still growing?

sometime thats what in my mind and I feel it intrigues me toward working and striving for greater goal that is independence financially and also turning life around not just stuck like right now.

Because in my opinion we cannot avoid risk completely with certainty, but what is clear is that minimizing it can be with knowledge as you said, and also the skills possessed can make us do what is done will go well, therefore knowledge and skills are important in running a business or other business.

I agree with you, indeed all businesses or businesses certainly have risks and that is certain to happen, therefore before we run a business or business we should have the knowledge and skills related to the business or business being run. And in my opinion we can also indeed take lessons from existing risks, because it can also be used as a lesson for ourselves. Although in business sometimes have to take risks it does not mean taking steps without thinking about the risks or not considering them, even so of course we must be able to see and consider in advance the risks that will occur and think so that there is no risk that is too great that can bankrupt.

No risk No gain as well all know but its true and i do definitely agree into those points that we should only risks on the amount that we can only afford to lose and not on the amount that we would really be risking or putting up our life savings on such compromise on which we know that its not ideal or not really that recommended at all. On any investment or business then risks is there, this is why we do really make out some research and analysis to lessen up that risks and lessen up that potential huge losses. Its inevitable as we do all know but there would really be those people who would really be doing their very best to cope up with the risks and lessening it out via well analysis and research which we know that it would really be that totally different into each other.

If you cant bare up the risks then sit still and just wait up for things to move up. You would be just having those regrets that you havent done any move or actions and really just that deciding
to be idle.

Risk is good but not to the extend of losing everything we have. These days ee should be very wise on what decision we take. So that we wont fall entirely in the process of taking risk. There are some risk that is worth it while some are not worth taking. You need to make some evaluation before finalising your decisions.

Imagine starting a business you know nothing about and you did not bother about making some enquiries about it that you wont consider as risk but stupidity. Why i say so is because it is difficult to raise capital to start a business compared to the past when it was a lot easier. So why would throw away your money into something at the end of the day no positive result all in the name of risk?

You do not reply directly to capture the OP, it's basically about the online and physical businesses. Risk is involved in all we do, I mean including those things we do that are not even related to money. We might be taking a risk unaware, so as long as we are living, we take risks daily, especially with the choices we make. This is why we can never be out of risk, but when it has to do with money, we should be reasonable with the risk we take, or else we will regret it. It's also worth saying that the OP didn't distinguish the risk very well in his write-up, the physical business has a very low risk compared to the online business, well, that's my opinion. Many risks are involved online and if you follow the due process, you will spend a whole lot of money more than others.

The money to secure your online business, for marketing, the licencing, tax and regulatory money, and some could be subject to renewal periodically which is mostly annually. These are some of what you would need money for, just to know what you are in for. But what if after all that, enough patronage did not happen as planned? Or your business is seized by the authorities as we often see, or even hacked for a huge ransom, or worse?

But the issue of physical business is lessened, though no business without its own issue.

You cannot compare a manual business which is a physical business with online business and the secondly, you have to know that any business that you want to venture into it has a criterias and the also it dealt with list advantages and disadvantages so that whenever you venture into it you can be successful or not successful that is the ethics of business. So in normal circumstances a business you must take a risk and that risk is what we determine your sources and also you losing in a business because neither you make a profit in business or you get loss and the entrepreneurship according to its definition let us know that a risk taker is opportune to make profit at any point time and also multiply at any point in time due to it courage to take risk.

Business matters and risks really need to be straightened out because for everyone who wants to start a business well, of course there must be a plan that includes consideration of the risks that they can bear. Because daring to take risks by opening a business is indeed the mentality of profit fighters in the field they master, but as long as there is careful planning and the best methods, they have been mastered perfectly. I think a businessman like that will never be afraid of risks even though the way to deal with them may vary greatly from one person to another.

All of this must have an appropriate balance between effort, time and also how to deal with the risk itself, because the meaning of being brave enough to take risks in business and investment is to always try and do it as well as possible so that you can reach a level of success. Because people who are too afraid of risks and think too much about risks that are quite scary will definitely never start anything in their lives because they are always hindered by the reasons for the risks. So there must be a balance that suits everyone who wants to start something in a good way.

It is quite normal that if the risk is higher, the reward will also be higher because this is in accordance with the provisions of doing business or investing. But everyone also really wants to experience something more extraordinary, such as being able to get higher rewards with a level of risk that is not higher even though they have to do it for quite a long time. And usually when a person spends more time achieving success through several things, that's when his level of discipline will be truly tested by himself.

The higher the risk, the higher the reward. However, taking risks cannot be done carelessly, remembering that we must have sufficient knowledge so that we can manage risks well. Sometimes risks are also related to psychology, where discipline must be enforced when we have created a portfolio, because if not, our goals will not be realized. I am sure that if we can manage risks well, then we will be successful

Success sometimes comes from big, bold steps. And that's why we have to be able to take risks. Stay focused and confident in every step we take, never hesitate and be afraid to take risks, because perhaps it is not difficulties that make us doubt and afraid to continue going further, but on the contrary it is uncertainty and unpredictability. Fear is what makes it increasingly difficult for us to go further. However, we must remember and ensure that every decision we take regarding the risks we face has gone through sufficient consideration, because if we don't do it at all it doesn't mean we are brave, but rather reckless.

On our journey to achieve success, apart from the challenges we have to face, we are also sometimes faced with uncertainty and other unexpected situations, which cannot be predicted in advance. Although it is quite important for us to remain calm and stick to our previous goals and dreams, don't let this uncertainty destroy our determination to look for opportunities.

These things you mentioned are not the real risk in a business. In my opinion, these things you mentioned here are just things that are happening to business after, but know that these are not risks if you are to mention risks that are involved in business because these are not risks you should put in your mind when making a business plan. These you should take as a risk are price falling after you have bought the goods you want to sell and some other risks that we all know in business, but as a businessman, putting these kings of calamity in your mind even if you have to start business will make you feel discouraged and you will do that business again.


Every business has a specific degree of risk attached to it, whether online or offline. On the other hand, if you look at it well, you can say that physical investment has limited risk when compared to online investment. The thing is that you should be the one to choose which one you will be able to take because the risk is not the same thing. What I mean is that you are the one who will choose the risk you will be able to take.

and both online and offline business risk are not the same. The thing is that you cannot compare someone who invests in meme coins or altcoins with someone who invests in bitcoin. The risk is not the same, and the same thing is true in offline business. You cannot compare someone who invests in live stock with someone who opens a provision store.

I guess online business is more risk than normal business in my own observation, let me use BTC business as example, you can invest in BTC without knowing when the price will increase for you to earn from your BTC investment and, the only way you can earn from BTC and you will be satisfy is during the bull run which nobody know the actual time or date for the bull run.

There are some business you will invest huge amount of money in a good location and, you can predict what that business will bring to you in the nearest future exactly the date or time you predicted for the business which such thing will be difficult to be right with online business.

We know that to get something good, we have to take risk. But if we can take risk for something good, then we will be successful. I have seen many people who dare to take risk while investing, as a result of which they do not achieve success by investing. To achieve success  For right time for right work we have to take risk but we can achieve success.

I agree that there is no way to eliminate risk, however, we can only minimize risk with the knowledge that we can learn and understand what we are doing, be it business or anything else.

There is no business that escapes the risks that we will face, but we can also choose risks, namely risks that are worth it with all the possibilities that we will face so that in this way we will learn as much as possible to minimize them.

It is true that in a business there are of course risks and risks exist in everything, not just business. but in my opinion the risk can be overcome by minimizing it by having knowledge and understanding about what is being done including business, therefore before starting a business we should be able to study aspects related to the business being carried out so that we can know what will happen including with the risks, and of course if we know about the risks then we will automatically look for ways to overcome them and it is impossible to just let it go.

In my opinion, risk is not an important thing, but rather something that definitely happens in everything we do, as you said in business, trade, gambling or others. The act of taking risks is of course sometimes necessary, especially in business, but even so, of course we have to consider it first, taking risks doesn't mean risking everything by not considering it first. Sometimes to be successful we have to take risks, which could result in losses. but the steps to progress and develop are definitely what every businessman wants.

It is of course true that there are risks involved in any business, and this must be accepted by all. And if you want to do business, you must face risks, it is also certain that if you don't take risks, you will never be successful. In any business and investment be it trading gambling etc place risk is the most important thing, if you don't take it you can never understand its taste. If you have to move forward in the future you must take huge risks and face many kinds of losses but don't stop, but you have to take risks and you will get success.

Not about which is best. Which suits you. Personal strategy rules. Success doesn't merely come from niche selection. Understanding model nuances and complexity is key

Online isn't a mystical paradise of infinite reach and ease. In this visibility struggle, algorithms decide your fate. And offline? It's about providing actual experiences that screens can't match, not just brick and mortar. The actual winners? They blend, adapt, and evolve. They absolutely understand their market and audience. Masterful business owners, they conduct an orchestra of online and offline aspects

Ask yourself: Do you know your audience? Can you play both games? Flexibility nowadays isn't just desirable; it's required

Minimizing risk is something we can do before investing, but I think it can be done by people who have experience, while for people who do not or have not had experience they will tend to follow others rather than minimize risk, it happens because of their ignorance of what they are doing.
Someone who is experienced must already know what they can do and what they should not do, it must be in line with the experience and knowledge they have that is directly related to their activities.
Actually, there are now many platforms that can be used to learn, because now investment is widely talked about, it is no longer something taboo like before.

This has to be something that will be dealt with a situation that has to be a bit different, and doesn't really have that way of thinking. All in all, there is a risk involved with trading and there are many people who are taking more risk than others and they may make more or make less or even lose money but they just juggle with the risks.

I think it's quite important to realize that we are going to end up with a trading that could cause a constant trouble to begin with as well. This should mean that if you are a trader then you are going to take the risks involved with it, there is really nothing that you could do to make it look normalized at all, it's just part of life and you just have to live with it as much as you can.

While being aware of the risk, what we can do is to check all of certain risks that we're going to take and if we're able to mitigate it.
Risks are certain and we have the option to pursue it or not. If you're good with small amounts to take the risk, you'll definitely learn a lot from them.
But if you think that risks should be accompanied with larger amounts, I don't think that it should be done at first tries when you trade or invest.

A. Running physical or online business, it would be always associated with risks. So better make yourself that accept into those things so that you wont
really be finding yourself that getting stressed about risks levels. Thing here is that you should really know about the basic security and other things
on which you could be able to avoid or lessen it somehow.

B. Hacking or anything that involves online will really be having those chances for it to happen.This is why it would really be totally on your responsibility
if we do speak about security of your assets. If you dont mind much or doesnt give out importance then for sure you would really be ending up

You should bare in mind that in every business or investment there's always a risks, this is why on the time that you are deciding on dealing up with
it, then you should be making yourself at least aware of it.