Without Risk There Is No BreakThrough

Whether we are dealing with cryptocurrency, stocks, forex, gold and silver investments, physical markets, or any other business, there is only one formula for success, and that is to take risks. A person who aspires to be an investor must understand risk tolerance and acknowledge that there is no breakthrough without risk.

We are now in the #Crypto world, so let us continue our discussion about the crypto market and address some points about investment and where to take risks, as well as how important it is for an investor to be successful. It is important to remember that every type of business involves risk, and when there is no risk, the firm is a fraud or a phony or you can say that's a kind of gamble.

When an investor wishes to invest their money, they must keep in mind that 50% of their money is constantly at risk. And in order to be satisfied, you must understand and learn about risk management, where it is up to you to lower your risk percentage and be a successful investment.

Especially when it comes to the Crypto market, this spot is not without risk. This market always has a high level of risk, which is one of the reasons why investors succeed in it. This is one of the main reasons why most cryptocurrency investors get wealthy and alter their wealth position staying in the #Crypto market.

Let's look at some examples of how risk taking is vital while investing and how risk taking will help you succeed in business. As a hive user, I invested roughly $2500USDT three years ago, when the price of the hive was around $1.04. That was during the bull market when I invested in #hive and every crypto price was high at that time.

I was aware that this price is excessive, but I don't want to pass up this opportunity because there is always 50% chance of going up and 50% chance of going downside. I started buying without thinking about my loss because there is always a win-win situation in the hive ecosystem. Wherever you invest, you will break even and generate a passive income on a regular basis.

After conducting extensive study on the hive platform, I discovered that there are numerous investment opportunities available. Choosing whether to invest in #HBD, #HIVE, or other hive coins. After purchasing these coins, the investor will receive some good APR advantages which is always a wonderful move.

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Because I took a risk and invested, even if the price of #hive is currently $0.31, I am still in the profit zone. Consider my purchasing area and how I am in the profit zone. This is the positive outcome of taking a risk in the beginning, and now that I have managed my risk, I am in the profit zone.

What happens if the price of #hive returns to $1? There will be a significant benefit for me during that period because what I earned on a monthly basis was used to increase the quantity of my hive. This is the positive outcome of taking a risk in the beginning. If I hadn't taken that chance now, I might be stuck in another business, and there would always be regret.

Similarly, other cryptocurrency investors who have invested in various coins. They have also taken certain chances that will pay off in the long run. However, you must also be familiar with risk management. If I invested in #hive at a high cost, I also planned how to minimize my losses and which approach to apply.

Similarly, it is a piece of advice for any crypto investor that when you invest and take a risk, it is not over. The game begins when you take a risk, and you must know how to handle risk. If you are able to do so, there is little doubt that taking risks will pay off handsomely. As a result, without taking risks, there will be no breakthrough.

This is an attempt on my side to inform you about the benefits of taking risks and to encourage investors to take risks and handle them wisely. I also emphasize how there is no break through and no profit without taking risks. I hope you find this post interesting and educational, and I hope you enjoy it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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2 comments
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you really have to take risks and chances in crypto to make something..

What scare me is that volatility in market. Man, it honestly is scary and I guess this is why people stay sidelines most of the time.

But once you've learnt that proper risk management IMO it becomes a lot clear and easy to take risks. It's all on how you handle that risk.

Good one.


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