Often times the safe choice is a "fixed mindset" choice. It leads to stagnation - you lose nothing but gain very little.
While risky choices are often "growth mindset". Often the direct outcome, whether it pays off or not, is less relevant than how it helps you develop. Cryptocurrency, even if I lose money in the end, has taught me a lot about both investing and economics. Jumping careers went horribly for me, but I now have a mixed skillset. Moving from the suburbs to a rural area on the other side of the country with only what I could fit in a backpack...well it taught me I do want to live in a city, I just hated the suburbs. But I made friends and learned things a long the way.
In the long term risky failures usually pay off better than safe stagnation. Then the risky successes are just straight profit.
Posted Using LeoFinance
Being an expert is a bunch of good and bad experiencies, and at the end are those experiences that will make us have good decisions that will result in better quality of life for us.
Risky choice today are the good choices of tomorrow, and the more we err, the more we will get in the future as long as we learn from our mistakes.
thanks for reading