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Author Topic: No risk no gain  (Read 2478 times)

Offline ScamViruS

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Re: No risk no gain
« Reply #60 on: March 18, 2024, 10:49:25 PM »
Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.

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Re: No risk no gain
« Reply #60 on: March 18, 2024, 10:49:25 PM »

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Offline Dr.Bitcoin_Strange

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Re: No risk no gain
« Reply #61 on: March 19, 2024, 03:16:28 AM »
Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
Indeed, taking risks is very inherent in so many aspect of life, and sometimes you can hardly strike a balance between taking risks and avoiding losses because most times, risks don't usually play out in your favor, sometimes your plan goes bazaar and you end up incurring losses for yourself. On the other hand, without taking risks, there'll be barely any room for growth but that doesn't mean you should overdo it, one should always know how to manage certain risks and also remember that not all risks are worth taking, especially when the risk involves putting what you can't afford to lose in line, such risks are not worth taking at all.

Offline ScamViruS

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Re: No risk no gain
« Reply #62 on: March 19, 2024, 07:56:29 PM »
~~~
Indeed, taking risks is very inherent in so many aspect of life, and sometimes you can hardly strike a balance between taking risks and avoiding losses because most times, risks don't usually play out in your favor, sometimes your plan goes bazaar and you end up incurring losses for yourself. On the other hand, without taking risks, there'll be barely any room for growth but that doesn't mean you should overdo it, one should always know how to manage certain risks and also remember that not all risks are worth taking, especially when the risk involves putting what you can't afford to lose in line, such risks are not worth taking at all.
When you take a risk, you must have an understanding of risk management and so that taking that risk does not create a bad situation in your life financially. I take risks and I have an eye on how to manage those risks, just because I'll take risks in gambling doesn't mean I'll risk everything.

I am always risking a small amount of my earnings which I will not see in big trouble financially if I lose it. But if I get a win with that risk, it will definitely be more worthy than my risk.

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Offline DragonF

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Re: No risk no gain
« Reply #63 on: March 20, 2024, 09:12:10 PM »
Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.

I agree with you. Everything in life involves risk. Simply put, life itself is a risk. Someone wakes up, takes his bath and goes out without knowing what will happen to him in the next minute. Risk is an inherent part of life, present in various aspects such as investing, career choices, and relationships, and gambling is not an exception. Individuals gamble without prior knowledge of what the outcome will be. This is so because Whether it’s playing casino games, betting on sports events, or participating in lotteries, gambling involves staking money on uncertain outcomes with the hope of winning more in return. This uncertainty makes gambling a very risky activity.

Even if it is widely believed that no gain is possible without risk in gambling, it is important to approach risk-taking with caution and a clear understanding of the potential consequences. It is crucial to assess risks carefully, consider potential rewards, and make informed decisions based on a realistic evaluation of the situation. Engaging in gambling without proper consideration can lead to significant losses and negative outcomes.

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Re: No risk no gain
« Reply #64 on: March 21, 2024, 02:45:53 AM »
I am always risking a small amount of my earnings which I will not see in big trouble financially if I lose it. But if I get a win with that risk, it will definitely be more worthy than my risk.
Your words are very wise because this is what I would do if I had to gamble with sports betting options.
The income or salary from work that is set aside a maximum of 5% of the total 100% is what I will probably use for gambling and I think this is also very wise to gamble with.
For example, the calculation is like this:

-Salary from work: 100%
-Funds ready to gamble: 5%
-Funds for living needs: 95%


That 5% fund must be ready to gamble because I am sure that if I lose gambling with that 5% capital it will not be a problem.
And if with that 5% capital, I gamble and make 50% of my total salary at work then that means I am a lucky person.

Remember, the funds that are 95% of my total salary are funds that cannot be contested because they are funds resulting from my real work to pay for my living expenses.
retire and rest in peace

Offline Litzki1990

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Re: No risk no gain
« Reply #65 on: March 21, 2024, 04:37:23 AM »
Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
In every situation we have to take risks, if we can't take risks we will never achieve success. Investing $10 to $10,000 is risky for both investors. Progress in life is not possible without taking risks, but we must take risks in the right amount and at the right place. If we risk even the smallest amount of money in the wrong place, we will definitely lose money there. So we must accept the logic of money where the probability of losing money is less. If it comes to risk taking in gambling then I would say most gamblers risk money in wrong places. Instead of risking money in the wrong place we need to make sure that the money we are risking can return our money and profit from it.

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Re: No risk no gain
« Reply #66 on: March 21, 2024, 07:35:28 AM »
Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
I support your view on gambling because gambling cannot be conducted without risk. Moreover, any investment involving money carries risk. In that case, every job involves risk. Risk averse people have no chance of getting anything good from not only gambling but all investment platforms. A ordinary people or a gambler should develop the ability to take risks. I have lost a lot in gambling but I still believe that I will be able to recover my lost money one day.

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Re: No risk no gain
« Reply #66 on: March 21, 2024, 07:35:28 AM »


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Re: No risk no gain
« Reply #67 on: March 21, 2024, 10:53:43 PM »
I support your view on gambling because gambling cannot be conducted without risk. Moreover, any investment involving money carries risk. In that case, every job involves risk. Risk averse people have no chance of getting anything good from not only gambling but all investment platforms. A ordinary people or a gambler should develop the ability to take risks. I have lost a lot in gambling but I still believe that I will be able to recover my lost money one day.
The risk will always be there wherever you are, even in gambling places it will be greater because you are using the money you have to buy coins which may not necessarily provide a profit. At least I prefer to make purchases in Bitcoin which has less risk than others.

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Re: No risk no gain
« Reply #68 on: March 22, 2024, 12:40:44 AM »
The risk will always be there wherever you are, even in gambling places it will be greater because you are using the money you have to buy coins which may not necessarily provide a profit. At least I prefer to make purchases in Bitcoin which has less risk than others.
Risk exists everywhere, only comparison gives an idea of ​​where the risk ratio is higher or lower. Gambling is certainly high risk compared to other sectors. You say you will use the money to buy bitcoins, buying bitcoins is a much lower risk ratio than gambling on long-term holdings Now here are the options to think about personally. Which one has high risk and which one has low risk ratio depends on the people who want to enter these two sectors.

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Offline Litzki1990

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Re: No risk no gain
« Reply #69 on: March 23, 2024, 07:56:39 AM »
The risk will always be there wherever you are, even in gambling places it will be greater because you are using the money you have to buy coins which may not necessarily provide a profit. At least I prefer to make purchases in Bitcoin which has less risk than others.
Risk exists everywhere, only comparison gives an idea of ​​where the risk ratio is higher or lower. Gambling is certainly high risk compared to other sectors. You say you will use the money to buy bitcoins, buying bitcoins is a much lower risk ratio than gambling on long-term holdings Now here are the options to think about personally. Which one has high risk and which one has low risk ratio depends on the people who want to enter these two sectors.
Gambling is compared to maximum risk taking. There are risks in both the sectors of investing or trading but the risk of investing or trading is nothing compared to the risk of gambling. In gambling, however, your skill or your experience will not be of much use, rather your luck will be of much use there. If luck is not on your side in gambling, your money can be lost at any time. You can lose all your money because of your little mistake but you have no such chance in investing. If you make a big mistake in investment, you may lose a little but if you wait, that loss will definitely be recovered. While there is risk in all cases, the risk of investing will never match the risk of gambling. The highest level of risk is gambling.

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Re: No risk no gain
« Reply #70 on: March 23, 2024, 11:39:30 AM »
This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.

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Re: No risk no gain
« Reply #71 on: March 23, 2024, 12:28:28 PM »
Risk exists everywhere, only comparison gives an idea of ​​where the risk ratio is higher or lower. Gambling is certainly high risk compared to other sectors. You say you will use the money to buy bitcoins, buying bitcoins is a much lower risk ratio than gambling on long-term holdings Now here are the options to think about personally. Which one has high risk and which one has low risk ratio depends on the people who want to enter these two sectors.
Of course the risk will still follow what we do, but as you said the risk can be controlled based on how big or small the risk has to be faced. Yes, it's true, as you said, everyone has a different opinion about gambling places. I once made a bet with the cryptocurrency money I had and ended up losing, I thought my choice would win but in reality I made the wrong decision. Since then I have been more careful when I want to use money to place bets again.

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Re: No risk no gain
« Reply #72 on: March 23, 2024, 12:40:32 PM »
Gambling is compared to maximum risk taking. There are risks in both the sectors of investing or trading but the risk of investing or trading is nothing compared to the risk of gambling. In gambling, however, your skill or your experience will not be of much use, rather your luck will be of much use there. If luck is not on your side in gambling, your money can be lost at any time. You can lose all your money because of your little mistake but you have no such chance in investing. If you make a big mistake in investment, you may lose a little but if you wait, that loss will definitely be recovered. While there is risk in all cases, the risk of investing will never match the risk of gambling. The highest level of risk is gambling.
Significant difference risk in gambling and investing, in gambling you can go back after depositing and put bet as sport betting or playing casino when loss your capital over but difference with investing although have dropped price still get second or many opportunity in the future return back to higher price and your investment assets keep existing. Investment just loss time only and difference with gambling risk not only loss our time but also loss with our money and most bigger risk gambling than investing.
Change mindset with gambling can't promising get quick rich and take fun only if you have free money but not spending all your money in gambling.

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Re: No risk no gain
« Reply #73 on: March 23, 2024, 02:56:22 PM »
I am always risking a small amount of my earnings which I will not see in big trouble financially if I lose it. But if I get a win with that risk, it will definitely be more worthy than my risk.
Your words are very wise because this is what I would do if I had to gamble with sports betting options.
The income or salary from work that is set aside a maximum of 5% of the total 100% is what I will probably use for gambling and I think this is also very wise to gamble with.
For example, the calculation is like this:

-Salary from work: 100%
-Funds ready to gamble: 5%
-Funds for living needs: 95%


That 5% fund must be ready to gamble because I am sure that if I lose gambling with that 5% capital it will not be a problem.
And if with that 5% capital, I gamble and make 50% of my total salary at work then that means I am a lucky person.

Remember, the funds that are 95% of my total salary are funds that cannot be contested because they are funds resulting from my real work to pay for my living expenses.

Casinos and gambling sites spend a lot of money designing games and promotions to entice people and influence them to play more often and risk more money.
And every gambler will experience joy when they win.
But when defeat is accompanied by audio and visual stimuli designed to keep you playing, it can have the same effect on the brain.

I hope you will consistently with your strategy and stop gambling when you reach the loss threshold. Good luck...


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Re: No risk no gain
« Reply #74 on: March 23, 2024, 07:27:43 PM »
Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.

True. As long as man exist, you must face risk. Life is risk. In fact only a dead man bear no risk. In gambling too, the moment you pick up an amount and stake, you have a risk to shoulder because there is every tendency that you might not get the desired return. But this notwithstanding, to gain means to risk. It is only when you take a risk that you can have a chance of gaining.

 

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