The phrase "hits both ways" is often used to describe a situation where something can have both positive and negative effects. Synonyms for this phrase include "double-edged sword," "two-sided coin," and "mixed blessing." These terms emphasize the idea that something can have both advantages and disadvantages, and that it is important to consider both before making a decision. Additionally, "bittersweet" and "mixed emotions" can be used to describe situations where there are both positive and negative aspects to a particular event. In any case, when something hits both ways, it is important to weigh the pros and cons to make an informed choice.