Post
Topic
Board Economics
Re: Only young and naive guy believe in high risk high return
by
SaiyanSS3
on 17/07/2021, 09:55:12 UTC
>>
>Your post not very consistent. Is high risk the problem or taking risk at all?
do you think it’s plausible to take risk under current circumstances? Let’s say you have just one credit left to beat an arcade game from level one, take all risk, and only make the risky moves, or stay safe, keep defending and wait for opening to make your moves?

>I can guarantee you that most adult regularly take risk in their businesses but the responsible/experienced ones try to minimize risk as much as possible while working to be profitable.
they take risk in their business and goes broke? Or they take risk to circumvent the martial laws?

>So, both young and old should be well prepared to avoid taking big risk.
now you think it’s not good to take risk, so how about taking risk in business again?

>>
>I don't really understand what you mean by making this post...
I think even toddler can get the idea, you need to read again and again to fully get the point.

>high risk is good when you know what you are doing, cryptocurrency is an example of high-risk high return, and you see what is happening in the market that many people are also successful from high-risk investments like cryptocurrency.
are you blinded by just the reward from the high return but not considering the high risk they went through? Do you ignore the 98% chance of high risk failure rate?

>basically, you have to know how much risk the asset you invest in, never invest in things you don't know.
I think it’s the same guy who tell you to invest in stock market, they also tell you fundamental... invest in blue chip... invest in stock market... don’t sell you haven’t loss if you didn’t sell.

>>
>It is understandable that when you are 20 years old, you could put in 50-100 bucks and try to go for that 100x profit, or read the 100 dollar startup and try to make the same thing, or hope that you will one day work for yourself and have your own business and hire people and get rich.
delusional, making 100x profit requires to scam a lot more people than making 2x profit.

>Those type of big dreams usually happen when you are younger, because when you become 30+ years old like me, all you want is stability in life, for example I have a great job right now, and I am willing to work like this for 30 more years and then retire as an old man and just relax, that is a valid thing for me, I am not after huge sums of money anymore like I used to.
that is ambitious to think of simply settle down for one purpose for the rest of life, thing always change, and life purpose always change too.

>Nowadays my "get rich" dreams usually involve a lot smaller stuff that requires me not working, for example get enough money to retire now and go to a sea side place and simply read, watch netflix, swim and repeat that until I die, not own a billion dollar worth business.
that won’t be possible without putting some effort to make it, it’s also probably what many people want to achieve, which is why it’s more challenging since everybody want to go to the sea resort and retire, very soon you have so much people all in the same place, the place become plagued with unrest.

>>
>Sometimes young people are the most lucky ones, they still have their chance of loosing. So, why not?
what is the “they have chance” are you blabbing? Do you think they have more credit in their arcade games than everybody else? How many coin they have and how many coin everybody else have? They have more coins?

>>
>Nope you are wrong, you probably failed in taking risk that's why you are saying this stuff regarding high risk, high reward is a bad thing.
you think it’s wrong?

>I don't see how you are right about it, of course you compare elite to plebians like us which is the right thing to do,
Now it is right? What give??

>they don't take risk because they already have the money and if they park it at the safest place, it will eventually go up.
So, don’t take risk?