Post
Topic
Board Economics
Re: less risk or big profit?
by
Lanatsa
on 03/07/2023, 21:20:33 UTC

In every action you take, there's always a responsibility behind. You need to take that decision and carry the risk. If you are aiming for big profits, you need to learn all the possible ways in gaining the knowledge to have that edge from other traders, with that knowledge you can place your money even it's a huge portion of your savings knowing that the chance is far better in reaching your set targets.

This has become commonplace for businesses large and small. To be able to get something bigger, of course, there will be some pretty difficult obstacles, meaning they can't get out without their knowledge. I hope everyone understands that risk and reward will always go hand in hand, don't be afraid to do things that you find difficult. You can choose several instruments that can be adjusted to your level of risk acceptance.

That risk that you will going to try will somehow give you the opportunity to make something big, though we do have a different viewpoint about it and same with what you mentioned, there's instrument that you can use to adjust the level of risk. It's more on how you accept and handle your decision making.

Taking a big risk in something that you have better understanding might lead you to a good success, though not always, there's still instances that you might be wrong from anticipating the market, but it's all on your call and how you take care of the business.

Meaning, often times, when we do big risks we should make sure that we have studied it well and got some knowledge beforehand so that our anticipated results will happen and that big profits will be on our hand. Yes, I know that it doesn't mean that if we analyzed it carefully, situation will favor us just because of that factor but at least we know that we did our job and in the next step, we are more experienced and knowledgeable to minimize those mistakes.
Taking big risks without proper preparation or research is really just that a gambling on which it would really be that wise that you should really be making out some proper planning and research when it comes
to investment because we are talking money on here which we should really be mindful on what are the proper steps that we should really do so that it would really be having that good chance on having  that ROI or extra income on which you could really be able to diversify into other investment or simply making out that expansion.

You wouldnt really be having the opportunity on earning if you wont really be taking up risks on which there are really indeed people who do really likes on playing safe and doesnt really want nor like to engage
into risky things and this is why they would really he limiting out themselves on making investment and this is why they do missed out that opportunity on making money.
For those who do take up the risks are the ones who are really that having the opportunity on making money.