No Risk No Gain This applies to all aspects of life. No matter how much you invest in life if you don't take risk there will be no chance of benefit especially in the cryptocurrency world there will be risk behind every investment you make only if you take risk there is only chance of profit. Risk investing is just like crypto currency in gambling, here some people invest with risk and become rich overnight in a short period of time and some people invest with risk and end up bankrupt due to the cruel irony of fate. However, with every investment, the two words risk and gain are closely related. No investor can ever avoid these two things.
Exactly, but it is more pronounced in gambling as the very definition of it is risk. So yeah, if you don't try and take that risk, you don't know if you are going to win or lose. And as gamblers, we are willing to take on that one. However, there are risk that we should also learn to mitigate. Specially if the money that you are going to play is allotted for something.
And with that, in any investment and gambling, risk will be involved no matter what. It's just how to to control and implementing these risk mitigation strategies, individuals can gamble more responsibly, reduce the likelihood of significant losses, and maintain better control over their gambling behavior.