So are you implying that we should not have business or dive to an opportunity where we can increase our income? Businesses always take risk so people should also learn to take risk BUT they should learn what or where their money is going or how they really earn from it. Never take risk if you don't know what you're investing into, some people's mistake is this. They just invest in something just for the reason of someone told them that they would earn money from that.
I totally agree with this . almost everything that aims to make a profit whether it's business, investing or trading there is always a risk behind it all. Now it's just a matter of how much risk we want to take, because everything will be worth the high risk and high return, and sometimes things don't always go according to plan. people must know the limits of the risk they can accept. if people don't want to do that simply don't do business or trading or risk money at all. but people know thats how many rich people do they are risking their money to get more.
Due to greed most of the time we do really commit out mistakes due to bad decisions that we do make and this had been a reason on why people do really make move too much which would result into losing money instead.
When making out some decision then it isnt bad to listen up others suggestion but always consider on ending up decision on your own since its your money is on stake on here.
Take risk if you do saw that it would be worth and skip out if you do see that it would be just too risky.Dont dive in if you arent sure because mistakes do always start with this.