⭐ Merited by bitgolden (3)
What intrigued me the most was when it mentioned that risk and reward aren't always correlated which is very different as what most of us had heard "the higher the risk, the higher the reward." With this new perspective, I have been given a new idea that it is not always the case.
You must understand that there are always some exceptions everywhere which include technically and even philosophically as well.Yes, I also have noticed that rewards and risks are NOT correlated. For example, if I risk some $5 and I may profit some 2 and at the same time it does not mean risking $50 will get me $20 profits because with the risk of $50 I may get profits another $50 or $40 or even $10. So, in this case also, risks and rewards are not correlated, right? (Hope I am clear with my explanations
).At the same time, the higher you risk MAY get you higher profits but probably not in all the cases. Where and when we risk is the key here. Now, I like to link here my first point : exceptions are everywhere.
What I do believe philosophically is, if you do not risk something then you may risk all your things. So, risk in calculated way. You may risk more when you become experienced where you are making profits. So, you may risk more where you have already made lots of profits to make more rewards. Simply, do not rush while risking. Because, only slow and steady will win ALWAYS.