Managing R's
Every single one of us have experienced risk and reward and usually (but not always) the two are linked. We see an opportunity to gain or achieve a desired result and weigh up the risks involved (if any) and make a decision to act or not.
During that process I try to find a balance between the reward and risk initially to determine if I should even be contemplating it and then begin to weigh up the risks and what repercussions they may have if the worst was to happen which, as we all know, often does. Of course, many times the risk aspect is not so bad, simple failure, and that brings a reward in itself meaning the ability to learn from it and re-try, but sometimes the risks have serious ramifications.
The need to manage risk and reward, find balance, occurs right across a person's life and in every aspect of it so learning to manage the process early can pay dividends as one gets older and there's more to gain...and more to lose of course. Unfortunately, the trick of managing and balancing risk and reward is something that usually takes time to learn and in that process...well, sometimes we get burned.
I recently took a big risk, I had to make a decision to trust someone who had lost my trust or to remove my trust forever; the risk (if it went bad) was to my emotional self, something I'd have to deal with (which we know can be difficult at times) and the reward was a rekindled friendship (which I used to value greatly), albeit with clearly defined and inflexible boundaries I'd decided to set; self-preservation I suppose.
It wasn't a difficult decision, I wanted to re-engage, but for peace of mind I had to go through the same process of considering the risk and reward allowing me to be content with whatever decision I reached. It's worked out, so far, but even now the shadow of distrust lurks at the edges - I'm not one to easily trust someone who has proved untrustworthy - but I'm working on it.
How have you managed the risk and reward process and have you done it well or badly? If you want to share your thoughts or even an occurrence feel free to do that in the comments.
Design and create your ideal life, tomorrow isn't promised - galenkp
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Big risk means big reward, but big risk is a barrier to success. Sometimes it is good to take big risks but you should also think about whether it is possible to succeed
Big risk sometimes comes with very little reward, but people take it anyway...the risk I mean.
I have experienced situations that were very risky recently. But surprisingly the results turned out unexpectedly good. Natural experience didn't make it look like it could work, but it rewarded bountifully. Those who risked it really gained in cash and otherwise
It's better that it turned out good than it turned out bad, don't you think?
Something similar happens to me, I don't trust again someone who has let me down or hurt me, but it is also true that people can change if they make the effort to do so.
I have taken risks, sometimes too big, I have gone wrong, but on those occasions I have learned and improved. On other occasions the rewards were slow in coming, but they did, and for that it was worth it. Most of the time the risks have brought me good things and that is rewarding.
I figured you'd taken a few risks; it's good things worked out for you.
Look... my biggest risk was to leave everything, home, my things, work, family, friends, for a complete change of life and I'm glad I did it.
I've had to do this with vendors in the past. I have a few that have burned me, but all of my colleagues have had great experiences with them. It takes quite a while for me to give them my business again. The few times I have, it has worked out well so far. I'm glad you were able to reestablish your friendship but with some clear boundries.
It's sometimes possible but once trust is broken it's never really the same.
I can appreciate that. It's bittersweet for sure.
Hi Galen, I liked how you raised the issue of risk and loss. Not only is there a risk in betting on the stock market, as in your example. Choosing the people we are close to is also a risk that can bring rewards or losses, and not necessarily economic ones.
A couple of months ago I decided to “lose” an investment that I shared with another person. I think I came out a winner, although in economic terms I lost out. Nothing irreparable and I have gained peace of mind.
Best regards.
It's important to see both sides of the scenario, for me at least. So many look to the benefits only and being optimistic is not a bad thing, but being that way can sometimes cause a person to miss the possible risks and then not plan for them I guess right?
Sometimes losing something can be a good benefits you found out I think.
That's right; everyone should see both sides; Have a great day!!!
I'm planning to and I hope the end of your week is a good one too. Not long until the weekend.
The week is going very well, for this weekend I don't have anything prepared yet, but for December I'm preparing a little trip 😃.
See you later.
In my work, I try to minimize the risks as much as possible. I perform risk assessment and create recovery plans - because I work in the IT industry, there is no space for risk.
While in my life, although I'm not inclined to take risks, I sometimes "walk on the edge", for the sake of achieving some benefit, better income, better fun, adventure and adrenaline, a better life.
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At Bilpcoin, we're committed to helping and supporting people, not abusing them. We're burning as many BPC tokens as we can. We ask, why doesn't anyone do anything about these bad downvotes on Hive?
livinguktaiwan (79)in HiveFest • 2 days ago
He would never survive an hour at HiveFest now 🔪🔪🔪
https://hive.blog/hive-106258/@livinguktaiwan/re-slobberchops-skc63a
https://hive.blog/hive-106258/@slobberchops/re-livinguktaiwan-skc5h1
On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out
We want to address the issue of downvoting. It has caused pain to many people, and we want to make sure it doesn't happen again reply to @jacobtothe
On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out
We hope that those who genuinely care about Hive will reconsider their actions, as continuing down this path could inadvertently harm innocent users who are unaware of these issues
lol the Marky mark keeps dreaming
There's been a notable increase in frustration and concern among many users
Reply 2 @crimsonclad You may consider yourself clever
Reply to @crimsonclad
Consider revising the value plan, as it's not providing significant benefits to HIVE
The Value Plan, as it stands, seems to be a one-sided relationship with the HIVE platform, where the benefits are one-way
Actions indeed speak louder than words, a fact we've all observed individuals may talk a good game, a whole lot of shit, but their actions often expose their genuine nature LOL
We consider it unwise to engage in harmful actions, even if you think you can escape the repercussions
https://hive.blog/politics/@jacobtothe/re-bpcvoter1-shjdc8
The Hive Police aka Hivewatchers, are the real heroes of Hive LOL, aren't they?
Feast your eyes on Hive's trending page, what a load of trash
LoL it's the Hivewatchers Hive Police, dishing out orders like a bakery LOL! Folks, do what you want with your Hive power, just as you please. And you, Hivewatchers, downvote away, but remember, judgment day's coming
Harry fam We're just here, laughing at the shenanigans on Hive! Sure, our content's getting downvoted, but hey, it's all part of the game LOL
https://hive.blog/hive-158694/@hivewatchers/shhnhs
adm [-]
meesterboom [-]
steemcleaners [-]
jacobtothe [-]
logic [-]
chekohler [-]
b00m [-]
celestegray [-]
citizensmith [-]
sazbird [-]
technicalside [-]
bagpuss [-]
vxn666 [-]
spaminator [-]
meestemboom [-]
ihal0001 [-]
tillmea [-]
meesterleo [-]
meesterbrain [-]
unclefunker [-]
and 1 more
https://hive.blog/hivewatchers/@bpcvoter/shqkqc
On Hive, there's a user who frequently burns a significant amount of Hive LOL with his own accounts
How To Fool An Entire Population
it's so, so concerning to see Blocktrades delegating 2+ million Hive power to Buildawhale, and Buildawhale is downvoting legitimate content
We began sharing factual information following unwarranted downvotes on Hive it's all in the transactions
Upon examining our posts, you will notice they have been downvoted, and we've been labeled as scammers and spammers, which we find amusing. We consistently share new content
Once again, we ask why is our legit content being downvoted on Hive and what is the reason behind it. Hivewatchers ADM spaminator steemcleaners guiltyparties logic
We have Hive witnesses farming Hive, self-voting, operating comment farms, and self-funding projects with community resources
https://peakd.com/@themarkymark/activities
https://peakd.com/@buildawhale/activities
https://peakd.com/@blockheadgames/activities
https://peakd.com/@hiveauctions/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/@meritocracy/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/@jacobtothe/activities
https://peakd.com/@usainvote/activities
https://peakd.com/@leovoter/activities
https://peakd.com/@usainvote/activities
https://peakd.com/@upmyvote/activities
https://peakd.com/@apeminingclub/activities
https://peakd.com/@punkteam/activities
Let's delve into the Builda whale farm on the Hive, Gogreenbuddy, who is also colloquially known as the Marky mark USAINVOTE UPMYVOTE IPROMOTE and 100's more if not thousands
Buildawhale farm
Curation Rewards
The Marky mark
Curation Rewards
https://peakd.com/@themarkymark/activities
Usainvote
Curation Rewards
https://peakd.com/@usainvote/activities
Apeminingclub
Curation Rewards
https://peakd.com/@apeminingclub/activities
Gogreenbuddy
Curation Rewards
https://peakd.com/@gogreenbuddy/activities
#thedarksideofhive
https://www.publish0x.com/the-dark-side-of-hive
https://hive.blog/hive-167922/@bpcvoter1/who-is-cashing-out
https://hive.blog/hive-167922/@bilpcoinbpc/we-exposed-the-buildawhale-comment-and-its-unfortunate-to-note-that-the-issue-persists-we-have-observed-that-this-individual-i
https://www.bilpcoin.com/undefined/@bpcvoter1/zagi
https://hive.blog/hive-167922/@bpcvoter1/two-years-ago
https://hive.blog/hive-167922/@bpcvoter2/https-peakd-com-themarkymark-activities-they-are-are-now-trying-to-hide-to-builda-whale-curation-rewards-lol
https://peakd.com/@themarkymark/activities
https://peakd.com/@buildawhale/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/inleo/@themarkymark/re-bpcvoter1-skbzej
Downvoters we've got to ask, what's the joy in downvoting, huh? It just shows how down in the dumps you are! Remember, Themarkymark himself has been downvoted in the past
Funny seeing how much power a Hiver with mental health issues wields! And talk about support, Blocktrades is like his trusty sidekick LOL
Many question the impact of downvoting and the role of certain Top Hivers, including Themarkymark who abuses his power, many express disappointment about the lack of response from those in positions of authority NO HELP.
Withdraw vesting from @poshbot to @ipromote0.921 HIVE
Oct 27, 2021
https://peakd.com/@ipromote/wallet
https://peakd.com/bpc/@bpcvoter2/the-hive-police-are-doing-a-disservice-to-the-hive-community-by-farming-hive-and-turning-a-blind-eye-to-the-real-spammers-and
https://peakd.com/hive-167922/@bpcvoter2/https-peakd-com-themarkymark-activities-they-are-are-now-trying-to-hide-to-builda-whale-curation-rewards-lol
https://peakd.com/hive-194913/@bpcvoter3/we-believe-many-top-hivers-are-struggling-with-mental-health-issues-addiction-and-personal-problems
https://hive.blog/hive-167922/@bpcvoter1/downvotes-on-hive-should-be-used-for-their-intended-purpose-not-as-a-tool-for-the-hive-whales-to-abuse-or-manipulate
https://peakd.com/hive-194913/@bpcvoter3/we-have-made-it-clear-that-if-the-downvoting-continues-bilpcoin-and-others-are-prepared-to-delve-deeper-and-share-more
https://peakd.com/hive-187189/@bpcvoter3/hello-community-did-you-know-alpha-account-belongs-to-blocktrades-wife-wtf
https://hive.blog/hive-167922/@bpcvoter1/we-started-investigating-after-being-wrongly-downvoted-we-spoke-with-hive-blurt-steem-users-and-others-who-are-following-our
https://peakd.com/hive-194913/@bpcvoter3/many-hive-community-members-are-expressing-their-concerns-about-the-downvoting-trend-which-we-and-they-believe-is-detrimental-to
https://peakd.com/hive-167922/@bpcvoter3/it-s-funny-how-you-can-try-to-lie-on-hive-where-every-transaction-is-public-to-all-which-makes-it-quite-dumb-to-deny-or-deflect
https://peakd.com/hive-167922/@bpcvoter3/it-s-quite-funny-to-observe-the-behavior-of-individuals-when-they-find-themselves-in-a-situation-where-their-actions-are-exposed
Buildawhale downvoting good content, self-voting comments powering down funds that are then sent to Ipromote and then the alpha account controlled by Blocktrades' wife doesn't look good and raises questions about the transparency and fairness of Hive.
https://www.reddit.com/r/stoptheabuseonhive
https://www.reddit.com/r/Buildawhalefarmonhive
https://www.reddit.com/r/Buildawhale
https://www.reddit.com/r/Thedarksideofhive
https://hive.blog/created/bpc
https://peakd.com/created/bilpcoin
https://ecency.com/created/bilpcoin
https://www.bilpcoin.com/created
STOP THE #BUILDAWHALEFARM #BUILDAWHALESCAM
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Hello galenkp!
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