Economy is a sector where most of the people seem to possess an identical vision. In one side, we start to gain wealth and on the other side, we find the exact momentum to move ahead combining the losses.
In any part of business, there is one sure thing to get and it comes in every cycle of business that is being run on.I have talked about it in the past and has been looking at the matter for over years of time. Sometimes I reached to a point, sometimes I found another aspect of learning while failing.
Lets posit cryptocurrency as a business model. Though it might be thought as a #business structure, but to some case, it is not the way we vision as other businesses such as real estate, or stock markets etc. The risks are many and multi-dimensional.
Src
So, what are the use of getting #profit if we dont come across risks to a broader angle ?
Risks are everywhere and in most of the initiatives, starting from to get a good margin of wealth into the box and then letting it grow if put into the open market. For #crypto investment, risks are greater to such level that we cant imagine, if left uncalculated.
Each time, a person thinks positively - a negative result might follow in the process to come. If we talk about the, early #investment that a novice investor made, if it is $10 of #deposits and then he wishes to get 20% of profit within a defined period - all of that is locked into risks that cant be denied at any time.
So, while we view our luck at the scale of our ambitions, we start to find an alternative. Not all alternatives are just like to have similar functions, but can ensure positive #growth if maintained with a good margin.
We dont practise how to reduce #risks most of the time when we are waiting for #profits to come by. Even if all the researches been made and people are talking about the success of a coin, the results also predict the same. But to some point, when time for final moment comes, we dont get the actual result.
Src
What does that happen most arguably?
It is because we have put aside the potential risk factors to some level that might make a difference if dips start to follow through. A better person would look at if all the factors arent working, that switching to precise alternate can help to gather a good position by maintaining all the odds.
I have felt the similar way by spending years of time in the chain and the #crypto spheres. Most importantly, the wisdom earned by the successive experiences over the time has the value. It helps to cut a good profit margin, when all of the people wishes a different result.
Whats your take ?