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Most of the people in their life take greater risks depending on their needs and goals, it maybe financially or professionally. If it's financially, then investing in something which gives more rewards and if it's professionally then instead of doing a job taking a career based on their talents. As always not all time the more the risk is the more the reward will, because fails may occur at any given time.
At first I used to invest in some ponzi sites which promises to give 100% in return in four days. Most of my crypto earnings are lost just because of it only. After that I realised where I have gone wrong and started to do my own research before investing in something. That's when I came across Biswap token (BSW).
At first I was just there for the liquidpool rewards. Offcourse at first I started with just 10$ investment. Then gradually I saw the effort of the team members of Biswap community and decided to invest some amount. It was before the time of BSW token listing in Binance. I invested an amount of around $400 in these token.
After a month of duration of investing in liquidpool of BSW, the token has been listed on Binance. At that time, the price of the token has plummeted to around $1.2 per token and I took the opportunity to withdraw my BSW token from their official site wallet and deposited into Binance and sell it. At that time I made around $1100 profit. Offcourse after I sold my tokens, the price of that token has gone even further like around $2 too.
It was a calculated risk in my view as I believe this token has the potential to be listed in Binance and I took the risk to invest in it. If I was wrong I would have a token of BSW with me worth of $400 decreased to pennies. I'm glad that my calculation got worked out.
My failure risks are investing some money in WRX token. I don't know why, but I like that token. I used have around 1300 of them. But now 530 remain with me due to fear of loss I sold the remaining. That was a stupid move. After that the price of WRX token has gone around $1 and I didn't had the chance to sell it. Because by that time I already had sold all of it.
Now during the bear market I purchased a total of around 530 in interval periods and now I'm waiting for its price to go up. Taking risks is like 99% calculation and 1% luck. Most of the people don't see it. But it's there. Even though the luck percentage is low compared to calculation percentage, almost all the time luck wins either in our favour or loss.
Be cautious while investing in crypto currencies and do your own research to diving deep into it with your hard earned money.
