Mark Twain's quote "it ain't what you don't know that kills you, it's what you know for sure that just ain't so" epitomizes prudent risk management perfectly
I love the above quote - it's so elegant and so true. What you don't know won't really be the thing that hurts you in life. We all don't know something; we're all foolish in our own ways. However, when we're aware of our own foolishness and of our own weaknesses, we can prevent bad situations by not going too deep into things without taking precautions. When we're sure of something, however, we often act without taking many (or any) precautions - we go all in with confidence. Hopefully that works out, but sometimes it doesn't - and when it doesn't it can be bad because you've likely not put the proper risk management practices and controls in place. Had you not been so confident, however, you might have still been wrong, BUT you likely would be wrong in a much more subdued way.
And now, given the rise of cyrptocurrencies and crypto assets to quasi-mainstream financial assets, we're dedicated to providing quality, relevant, and interesting material on cryptocurrencies and cryptoassets. Articles on Bitcoin, Ethereum, Ripple, Cardano, and many more cryptocurrencies and cryptoassets can be found on Pennies and Pounds - all that in addition to a plethora of information on what cryptoassets are, how the entire crypto industry came to be, blockchain/immutable ledger technology, mining, proof of work, proof of stake, and how to prudently invest in crypto if you are so inclined (based on your risk tolerance and ability to withstand the volatility that will come with a crypto portfolio).