Taking risks.

in HiveGhana17 days ago

Hello guys, welcome to this wonderful and awesome day. I am very happy to be here again today in the hive ghana community, and today I am going to be talking about Risks. Risk is a part of life as we all know, it is something that we must just take within the journey of life, but do you know when to take the risk and when not to? You see, when you take the risk you expect two results, it's either you win or loose, but something is at stake when you loose, it's either you have put something very useful to you in order to take that risk, or when you loose something bad will happen to you.

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Risks involves important stuff, taking risk is a risk, and not taking risk is also a risk, because you don't know when it will click,you don't know when it is supposed to favor you. Let's use crypto as an example today. Let's say you have a little money, and you are planning to risk it and buy a certain crypto that you think it will yield profit for you. Now you see, that money is the very important thing you will have to risk if you want to see outcomes. If you finally risk it and the crypto went down instead of it going up, you will loose your money, that's the part where you loose in taking a risk and something important is taken away from you, and in this scenario it is your money that is taken away from you.

We all take risks everyday, it is just that risks have levels, they are in different stages, there is this type of risk that you take than even if you loose you won't really bother, but there are other types of risk that before you take you have to think about it and take your time before deciding. Let me tell you all some risk that we take more often, let's talk about financial risk, they way we spend, what we invest in or even taking a dept from someone or an app, they are all risk because they can lead to financial loss, and sometimes to pay back these debts becomes a very hard problem for us. Let's talk another most common one.

When you spend your time and money in a relationship, it is also seen as a risk, because the relationship can end with you guys having issues or breakup, and all the money and time you invested are now wasted. These are just common risks we take without even knowing. There are also different risks we take but I would love to stop here for today.

Thanks for stopping by, I hope you learnt something from my entry today, and I hope to see your entry so I can also learn something from you. Keep your thoughts in the comment section. See you all next week, happy new month once again, I wish you the best. Bye

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Life is all about taking risks. But we also have to make our calculations well before deciding on which risks to take. Making blind decisions and calling it risk is not the way to go.

You are indeed correct. Thanks for stopping by

Exactly you either win or loose but I see most people just looking at life from that one side result, relationship is really a good example of risk taking and investment. Nice write-up

Thanks alot for stopping by