Walking,Running,Swimming,Cycling,Driving,Flying,Sailing are all means of getting from Point A. to Point B.
Shares , Commodity ,Real Estate , Paper, Bitcoin , Odds.... are also means of Growing your Finances from Point A to Point B.
There is less risk in walking than there is in speeding down the street in a race car.But at the same time there is a risk of getting run over by a speeding car while walking.
There is an even higher risk in flying but its not everyday that we hear about missing planes.
We all want to move from point A to Point B. But the amount of loss incurred in risk we can stomach to get to point B varries from individual to Individual.
Hence the word Risk Tolerance.
Some risks get us there ..some risks wipe out even the thought of getting there.
Unlike other forms of investment, Odds offer double digit or even tripple digit growth in minutes hence classified as high risk high gain/LOSS.
LOSS is capitalized as unlike market prices that gradualy fall, Odds result in either a profit or 100% loss of investment.hence the term High Risk.
If 100% Loss can send you into a comma,faint, suicide, then your Risk Tolerance is termed as low.Your recommended investment is on slow gradually changing investments.
If you can WASH off a 100% loss then you've got some risk tolerance.
I capitalized wash since a 100%loss is not something you dust off and keep running.
Welcome to the OddCoin Blog... Home of the Sporty Currency.
Where we Risk it, Wash off Losses and stack overall Gains.
