Economics on paper is such a fun thing to play with, I often crunch numbers with lots of people around me so if you look closely at the friends I keep, you'd notice we all tend to have a similar view on numbers when it comes to "calculating for profit", and what's that? "If it ain't broken down to the worst case scenario that many do not want - that 1% reality income of the over-exaggerated expectations - then we won't bite."
Not that we want that reality, we just want to know the worst case figures.
Now in case you don't fully understand this, what I'm basically saying is that if I were told a company will "potentially" make x amount of dollars from x funding for x work, I'd ask if the given potential income has been broken down to 1% in worse case scenario because this is where a company finds itself if things go pretty shitty and not as expected, the reality when luck doesn't find hard work and expertise in improvisation - real life yeah?
In most people's minds, this is just me trying to look at sustainable numbers, I mean, they are pretty low to start with, but do these numbers really guarantee growth or scalability in any way? They actually don't, obviously, they are just the bottom of the bottom we ought to settle for but being suckers amongst others in whatever business field it is we find ourselves.
Keeping oneself in the corner of "let's keep the risk low" will just keep you below average on the success chart and potentially bankrupt if less work was put in while risk was being kept low. Now note that taking "stupid risks" can also get you bankrupt, just quicker, so where is the balance?
Now that we've mentioned hard work, it's important to point out that success comes in taking risks and working hard and smart on the risks being taken. It's not about laying back to relax and punching in random numbers, you're no bozo, you're smarter than this.
Settling for low risks is boring and doesn't exactly take away the chances of failing, taking high risks and working on the risk being taken diligently can yield tremendous rewards.
So if we find ourselves in any situation looking to keep risks low instead of seeking ways to vitalize our work and push our creativity beyond limits set by regular working standards, then we are totally running towards the losing end.
Just take a look at bitcoin for example, can you begin to imagine how many people couldn't sacrifice that unhealthy burger cash to acquire a few coins? Those "few" coins would be worth a fortune in today's market and that's even the lowest of risks there.
What about the rich folks that could have had it pretty easy? Well, you can't blame them, investment gems don't have glitters on their faces, they often look like volcanos hungrily waiting to erupt in the next 30 minutes but that time comes and goes quickly and we keep pushing forward to the next 30 of the next hour, then boom, 13 years gone, and a fortune is lost.
This is reality, it ain't fiction. The best investments are risky even though no investment is without risk, the gems will often look like dinos, you just have to trade wisely, not carefully because one can never be too careful, you'll most often make a mistake than not.
Bitcoin with every other cryptocurrencies are being labeled the next dotcom bubble, but look at this, this post just got added to the chain and a witness just bagged a couple of hive tokens, can't tell I would be happy earning a moonshot every few seconds.
Crypto will give room to many unicorn companies that will grow exponentially over the next few years.
