Post
Topic
Board Economics
Re: which choice is more painful....
by
Cookdata
on 08/01/2025, 19:51:50 UTC
humans make mistakes and it is almost impossible to completely eliminate them from life but for you what would be more painful

1. you take a risk but it ends in a loss or;
2. you play safe but after time you see that you could have made profit if you took that leap


the first one could be more painful because you lose some money after believing that you could have find success in engaging in a specific project but the second one could also be more painful because you will be plagued with what if's but at least you would not have lost some money you just simply did not gain anything

what decision would be harder to live with?

When I take a risk and it end in loss, I wouldn't be pain but maybe a little bit disappointed that after everything I went through, it never work for me and I will move on quickly since I invested in what I could afford to lose, it's only when I use my entire savings or money to risk and loss that I will be sober about but as long as it's what I can afford to lose, I'm very good to go and will be fine after.

The second one will be painful because it's coming from my negligence and greed. You see one thing about profit? You can never go wrong in taking profits, you will never lose your profit and capital doing such. If I fail to lock in my profit, that means I was over joy by my own greed. I will not be happy about it if that happen to me but I know myself very much, I wouldn't be that daft to Let go of my profits, never done that before in my entire life.