No risk no gain

[milewilda]

If this is something we should change, we all have a purpose , everything is an effort , in fact 'for everything we have to take risks, even in our Own home we can be subject to danger s, so why not risk certain things, of Course risk has a very broad concept , the concept of risk in the game should be minimal, therefore in the game I recommend that the person take the risk to his own , but in other activities, we need the maximum risk , they are different things but they can be done.

Everything we indulge ourselves in has its own risks. Someone once said that refusing to take risks is a risk on its own and I find it to be true. Some people think they made it to where they are simply because of how careful and cautious they are, especially in business or investment, risk remains an inevitable aspect of business and investment, because without risks, you may not be able to reach your desired height. But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.

Risk isnt really just that could be seen or could really be able to apply into those things that involves money but also even into making simple decisions in life will really be having also its risks.

This is why we would really be that trying out to choose on what are the things that we do know that we could benefit out and will having that less negative outcome that it could give.
Decision making w ill really be having its risks involved specially when you do make out investment on which every steps or decisions you made will really be having that corresponding outcome
or results. This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.

[0t3p0t]

This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.

Well yeah, back up plans or plan B is really a must if we really are interested in making gains and that plan is always accompanied by risks and if it won't go on our favor then it means pain not gain. A lot of people or gamblers have no back-up plans on things including gambling but plan B in gambling is really different compared to regular back-up plans we had in our daily lives.

[Dr.Bitcoin_Strange]

This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.

Inasmuch as risk taking is very crucial for everyone when faced with certain situations regarding business, investment or any venture that involves money, so is risk management too, everyone has their own personal risk tolerance level, this could be based on each person’s financial status, investment goals and other corresponding factors. Risk management helps you identify your risk tolerance level and makes you choose which risks are worth taking and which ones are not, so as to avoid taking risks without first calculating them.

[bisdak40]

This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.

Inasmuch as risk taking is very crucial for everyone when faced with certain situations regarding business, investment or any venture that involves money, so is risk management too, everyone has their own personal risk tolerance level, this could be based on each person’s financial status, investment goals and other corresponding factors. Risk management helps you identify your risk tolerance level and makes you choose which risks are worth taking and which ones are not, so as to avoid taking risks without first calculating them.

Yeah, I agree that every big decision to be made should be calculated first to know if it is worth it especially when risking something it is true that no risk no gain but at the same time, it's smart to weigh the pros and cons. You don't want to jump into something blindly and lose more than you gain.

[bitterguy28]

This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.

Well yeah, back up plans or plan B is really a must if we really are interested in making gains and that plan is always accompanied by risks and if it won't go on our favor then it means pain not gain. A lot of people or gamblers have no back-up plans on things including gambling but plan B in gambling is really different compared to regular back-up plans we had in our daily lives.

many people think of it as like all or nothing

its either they risk everything gain a lot or just dont do it but you do not need to live your life to the extremes yes take the risk but make sure that once the ship starts sinking you have a plan to get out of the ship and safely to the shore just because things do not turn the way you expected after taking the risk doesnt mean you wont gain anything from it maybe you wont gain the full benefits but with risk management you can gain at least half and not end up losing everything

this honestly applies to everything in life and not just gambling

[LUCKMCFLY]

But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.

Yes, I say something, when we are trading or when we are about to make an investment we take risks, it is up to us to determine how far we are willing to risk, that is already part of us how we decide to risk, but risk itself is part of life, I have taken risks on many occasions, but things have not worked out for me, sometimes I do not have enough strength to do it again because I lose money, but a few weeks ago I realized that we have to insist, and that is what life is about, insisting until we achieve it, many of our performance is not the option.

[koang]

This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.

Well yeah, back up plans or plan B is really a must if we really are interested in making gains and that plan is always accompanied by risks and if it won't go on our favor then it means pain not gain. A lot of people or gamblers have no back-up plans on things including gambling but plan B in gambling is really different compared to regular back-up plans we had in our daily lives.

What do you mean by a backup plan for gamblers? I don't understand...
For me, Gambling is just for fun, so our goal is just to have fun, no backup plan is needed.
Even for a gambling addict, backup plans are not in their plans, they only think about continuing to gamble without caring about the result.

[MUGNIA]

But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.

It is clear that risk and greed are very different, if we think about the risk in the future, then the loss can be minimized, right? If someone is greedy, then in his mind there will be no thought of risk if plan A is outside the plan and plan B is also far away, he still forces himself to seek profit even though it is clear that there is no way to victory.

[Dr.Bitcoin_Strange]

It is clear that risk and greed are very different, if we think about the risk in the future, then the loss can be minimized, right? If someone is greedy, then in his mind there will be no thought of risk if plan A is outside the plan and plan B is also far away, he still forces himself to seek profit even though it is clear that there is no way to victory.

You’re right, but not everyone has the ability to differentiate between between taking risks and making greedy decisions, because to them, it’s just same as one. Just like you said, even when all odds are total against them and there’s absolutely no guarantee of making profits, the only solution in such a situation would’ve been to make a quick U-turn, but these folks would still wish to push through the impossibility. Although sometimes, such greed can actually pay off but most times it’ll only end in a loss.
I’ll always advise anyone with such a mindset to make sure they’re actually wagering money they can actually afford to lose, so when it’s lost, they wouldn’t feel much of the impact and should in case they win, then good for them.

[Igebotz]

But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.

It is clear that risk and greed are very different, if we think about the risk in the future, then the loss can be minimized, right? If someone is greedy, then in his mind there will be no thought of risk if plan A is outside the plan and plan B is also far away, he still forces himself to seek profit even though it is clear that there is no way to victory.

Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.

The above should always guide a gambler when he decides to take a risk in gambling. Any decision that has the potential to ruin a gambler's finances is no longer considered risk, but greed. This is because picking up your funds to gamble in an uncertain event is already considered risk, and as such, a gambler should not shoulder so much risk by staking more than he can afford to lose. Such gambling cannot be considered risk anymore but greed.

[Asiska02]

Taking risk is part of nature and it can get you a lot that you can’t get when you don’t take those risks. Whether gambling, trading, starting up a business, everything involves taking risk and those that take the highest risks are those that possibly get the big wins. It’s proportional though, the more the risk the more gain and also the lesser the risk, the lesser the gain you’ll incur from what you wish to achieve from that. The only thing that will keep you in a good position and continue to strive well is when you know the amount of risk you can take, don’t go beyond it and make sure your use proper risk management in anything you decide to do.

[Dr.Bitcoin_Strange]

Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.

I totally agree that self control remains the hallmark of every responsible gambler, as this remains the only thing that enables gamblers maintain a leveled head when faced with certain circumstances and still manage to make better gambling choices. And this includes the ability to distinguish between calculated risks and greed. Without self control, every gambler is bound to often rationalize poor gambling decisions and to justify themselves, they often hide behind the no risk, no reward mantra.

[bom_bom]

You can't achieve much in any business without a few tries. But in betting, there must also be a strategy, you can not mindlessly bet money on luck. I stick to my strategy and it turns out periodically to earn good money, especially if you still use a good platform for betting as Fairspin, there give a lot of bonuses and they have good odds. You can check it yourself ttps://fairspin.cc/SB2024_10Shill

[$crypto$]

Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.

I totally agree that self control remains the hallmark of every responsible gambler, as this remains the only thing that enables gamblers maintain a leveled head when faced with certain circumstances and still manage to make better gambling choices. And this includes the ability to distinguish between calculated risks and greed. Without self control, every gambler is bound to often rationalize poor gambling decisions and to justify themselves, they often hide behind the no risk, no reward mantra.

The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.

But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.

[0t3p0t]

The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.

But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.

That really is the case. If we do not know how gambling works then we may be chasing losses or winnings that does not exist. We all know that we fighting against luck as it was very elusive and from that risk is wide and could be a trap for us to spend more because we don't know how to take risk effectively in gambling.