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Author Topic: Benefits of risk taking  (Read 114 times)
Becky Wealth (OP)
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August 14, 2025, 06:48:56 PM
 #1

It's important for risk taking it brings about innovation and growth from one level to the other,it's also bring about progress.
Taking risk can help you reach your objective especially when you're starting a new business or investing in a new thing, risk helps in new discoveries, it can boost your mindset and it's also provide lessons that will help us in our lives, it open doors for new experience and bring about creativity.
When you're scared of something or taking risk it may bring you down
So risk taking helps us get new opportunities in life and it can also change our lives too.
Joy_learns_crypto
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August 14, 2025, 07:30:29 PM
 #2

So risk taking helps us get new opportunities in life and it can also change our lives too.
Risk taking does not always get us new opportunities in business or even in life, doors won’t just open to you because you are a risk taker, your finances can drain away when you take nonessential risk. Risk has it’s good and dark sides, but when you take essential and correctly articulated risk even if you don’t get your target you will learn essential lessons from it.

 
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Donk1
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August 14, 2025, 08:27:42 PM
 #3

Risk can't be eliminated from most things, especially when it comes to cryptocurrency. But one thing is certain and that is learning from your your risk. It's not a compulsory stuff so you can either avoid taking risk or try minimizing it. That is why before taking any risk you must have the right knowledge. If not you might take a risk that will make you start having psychological issues, especially in trading. So Risk is not good nor bad it determine what and where you are taking the risk.

Jubilee58
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September 08, 2025, 08:29:30 PM
 #4

It's important for risk taking it brings about innovation and growth from one level to the other,it's also bring about progress.
Taking risk can help you reach your objective especially when you're starting a new business or investing in a new thing, risk helps in new discoveries, it can boost your mindset and it's also provide lessons that will help us in our lives, it open doors for new experience and bring about creativity.
When you're scared of something or taking risk it may bring you down
So risk taking helps us get new opportunities in life and it can also change our lives too.

Yes , as a business man or as an entrepreneur or as someone who wants to be successful in life, risk taking is necessary because it can help you achieve your goals and objectives.But we also have to note one thing, not all risk are worth taking. If one is taking risk, one should take a genue risk, take a risk that you can bear even if your target is not met.
Risk taking (genue risk) is one of the qualities of successful people, because it helps you to always take advantage of every opportunity you come across.

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Skydrill
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September 09, 2025, 09:29:04 AM
 #5

So risk taking helps us get new opportunities in life and it can also change our lives too.
Risk taking does not always get us new opportunities in business or even in life, doors won’t just open to you because you are a risk taker, your finances can drain away when you take nonessential risk. Risk has it’s good and dark sides, but when you take essential and correctly articulated risk even if you don’t get your target you will learn essential lessons from it.
Risk taking is so important to the extent that is it is even more riskier not to take risks in almost all the aspects of our daily life, but the question is, what kind of risk is one suppose to attempt, am I suppose to take a risk that is life threatening, no am not and that's why it's necessary to analyze the kind of risk to take because life is too precious and if lost in the process it can't be replaced but probably every other material thing can be gotten back if lost, for example if you lose money in business you can get it back, you can get properties if lost but not life.
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