First and foremost, what is a risk? According to the finance section of the business dictionary, it is: “The probability that an actual return on an investment will be lower than the expected return.”
Sportspeople are huge risk takers, with the emphasis on the risk factor. A career is pursued with the possibility of an injury, a bad race or game, age, circumstance and politics that rule one’s career from the outset. Within a second, a sports career can be taken. At this moment so many say ‘you can be grateful that it is not your life, but what those particular people do not understand is …. Sport is life. If you do not choose for it to be the focal point, the taking risks to be the best you can be will never be big enough to actually make the risk worth it. Putting studies on hold, a personal life, friendships and the normal lifestyle is all part of the game.
Similarly, the mention of crypto currency and the crypto world brings about the word risk. Risk because of the unknown, the uncertainty, the uncontrollable, controllable. There is always that one athlete that stands above the rest or the newbie on the block that upsets the apple cart.
Well, these two worlds belong, have similarities and ultimately deserves the opportunity.
Take a risk! Leveling the playing field
The SportsPodium Team
Our Website https://sportspodium.io/
Telegram https://t.me/SportsPodiumPublic
GitHub https://github.com/SportsPodium/Documentation
Twitter https://twitter.com/@mysportspodium
No risk, No life.
Its true...sit at home in padded room.
You have to take risks in life, or there is no reward. That's the very definition. Those who do not stick their necks out and try something new are destined to remain in a state of apathy and will never move forward.
But as "adults" in society, we also have to figure out which risks are worth taking. Other people count on us to keep the risk tolerance in a range that allows us to continue to pay the bills, keep a roof over our heads, keep food on the table.
Finding the right balance that moves forward, without taking too many (there will be some, no one's risks pay off 100% of the time) steps backward, that's the key.
Richard Branson is a great Risk taker. But he also can afford to take these risks since he has more money than his children's children's children could ever spend. But he also has a point. Put yourself out there, take a risk, and see what happens. Or don't take any risks and never see what you could really be.
Great reply thanks. And yes, I agree with you it needs to be balanced and not just gambling with eyes closed, but sometimes you just have to go for it
It's getting harder in our society to take risks! Our lives and freedoms are so entwined with the debt we have accumulated through the buying of crap we don't really need.
This is a problem because risk can certainly lead to innovation and breakthroughs. Who knows what any single man could achieve if he had no worries of losing his house and livelihood by risking it all to start a business?
I agree. Is it not funny that we work so hard and often sacrifice joy and life so that we can buy things that will make us happy .. a little nuts if you ask me
we should never be scared of the unknown success is all about taking risk
Indeed. Fear just drain energy that could be used to achieve great things
#Risk is very important for success.........(^_^)......
Agreed, as long as you do not risk everything in one throw of the dice ... always live to fight another day
A great victory needs a risk
yes
No pain, no gain, sometimes risk is painful, but many a time it brings huge success!
very nice and informative post.....it's impressive... follow me and my post.....
Cerita yang sangat indah menjelang sore
Enlightening Enlightenment. Thank you
Interesting, I don't like Risks at all!
You might wonder what I am doing in the cryptocurrency investing scene, haha. But for some projects I think the long term risk is not very big compared to the gains. I'm all about getting the farthest ahead at the least amount of risk! Optimalization! Marathons instead of sprints.
Absolutely correct. I believe to many ICO's are too focused on just raising the money, and have not thought about the long term success of their projects. Often getting too much money is more dangerous than too little and thus we have decided to cap our ICO regardless of its potential to raise far more.
Great article. My belief is that you already got everything to gain. I see it as an opportunity, I either gain from it or I learn. Many are influenced by money especially in todays sports world. and as soon as they realize they wont be getting much yet, then they get questioned "do you love the sport or the money behind it?". I would like both btw haha
LOL, indeed. Money does help to achieve your goals BUT it must never be the sole objective
I read somewhere that the biggest risk in your life would be not taking the risk in your life, don't who said but definitely not my quote!