Topic: Which do you prefer (Read 1368 times)

    I slightly disagree with you saying that trading can’t be done as full time job, during the COVID period when most companies were laying off workers people turn to trading as their new resort, and when they see potentiality of the market we saw the rise of worker filing for resignation just to focus on trading.  We have people who still trade and are very good at that,  they don’t just like the idea of working for someone or calling some one boss, trading made that an option for people to use to make money. Just like every other business or ventures, losses can be experienced, every businesses just looking forward to making profit more than the losses. You can’t just start what you have no idea of because you will get burnt without proper knowledge and training. 
    Nothing is impossible to achieve if you set your mind to it, with proper discipline and a good plan of execution. This save trading you claim is risky which is true has still turn a lot into multi millionaires in dollars, and again working other someone, nothing is guarantee for you, you can get laid off at anytime if you’re someone that doesn’t not have good proper savings, it’s going to be a tough time for such person whereas in trading you don’t have to answer to no one cause you’re technically a boss on your own. Personally I like the idea of working remotely so I will go for the tech jobs than being a civil servant.
     

There are some government or private employees who are very interested in doing business or investing money in crypto currency because it becomes very difficult to go through the whole month with the salary they get, so they are very interested in investing money in business or crypto currency along with their salary.  If you can invest some amount of money in Bitcoin and keep it for a year.  You can earn more from Bitcoin than you can earn in a whole year from your job. I don't like to work I like to do business or trade cryptocurrency. The money that you earn by tat or business cannot be earned by working throughout the year. I don't like the job because I don't like the accountability in any work.

If you can take two opportunities simultaneously, why choose one? In the area where I live, civil servants are a dream job because there is no risk at all when people work here and old age security is guaranteed because they have a pension salary. Jobs in the government sector do not have many risks and we only work according to the task at hand. I see that there are many civil servants who work in other sectors such as business, YouTubers and other workers who do not disrupt their main job.

Trading can be done without working as a civil servant or not because it does not require a special place and time. But what needs to be understood is that trading is not easy to carry out because it requires knowledge and if someone is involved in trading without knowledge then the risk of losing money is much greater.

Do we often fall for the lure of easy trading income? You've learned the hard way that the market gives and takes with equal ease. Trading isn't easy. It requires market analysis and emotional resilience. Your experience illustrates the importance of income diversity. Holding onto a solid employment, especially as a civil worker, is wise and strategic. Why sacrifice a steady paycheck for risky market gains?

We'll now discuss the benefits of trading alongside your day job. You found a brilliant middle ground. Use your employment as a financial anchor against market swings. Trading can be a profitable side gig if done with a clear head and not as the main revenue source. We must remember that financial freedom requires balance. Why risk stability when you can combine a regular wage with trading profits? Isn't it about playing smart, not hard?

I hope anyone will not be making mistakes of this, to be honest, many might be mistaking trading/investment for something else. Fine, there are some people who are trading for a living or relying solely on one investment or the other, but these people wouldn't have started that way. Some might not have any choice and eventually got to be trading or investing and things work fine for them. While some might have their jobs and still trading/investing to gain more. Generally, trading and investments are supposed to be a means to gain passively, not otherwise, but there is nothing wrong in making it a sole source of income if that is your passion and you are good at doing them. But no one should leave their primary job for any of them or believe from the beginning that they will trade or invest for the rest of their life without giving it the needed factors of safety to first ensure whether or not they are for them.

Trading/investments are not child's play, they could turn your life upside down if care is not taken, which is why I will even advise anyone that since they are not time-consuming or need a special place to do them, they can just continue to trade and invest at their spare time even as they find a good job to call their main source of income. This advice is important because trading is very risky and many are trading but how many are making the money from it? Only a few.

If i am given option that you will do govt job or teding then i will choose govt job and after choosing govt job i will do teding. No matter how much I work, no matter how much business I do, it is possible for me to do all kinds of work as well as trading. Trading does not require extra time but we can do trading in the time we get between work. If I do government job then I will get salary at the end of the month along with all kinds of benefits so why should I leave government job and do trading only where even after my job there is opportunity to do trading. The amount of money I get from the job will work as my investment or savings and the money I earn through trading I will spend for myself and family.

Honestly, there will be many conveniences, especially if you already have a permanent job and receive a monthly salary, we just have to do it regularly if we really want to enter the world of crypto trading. There is indeed an impression that the ideal investment value for a civil servant is, for example, 10% of total monthly income, the rest is to meet monthly needs, but if you are consistent I don't think there are any obstacles, just imagine it's like saving but in crypto, not in a bank, rather than putting 10% of the money We are there every month and every month there are administrative deduction fees from the bank.

The cryptocurrency market is always volatile. Here you can get a good profit in trading, but there are risks of loss, and it is not necessary that you get a good profit in trading daily. Sometimes even experienced traders make losses here.Therefore, trading can be done as a part-time job, but it should never be made into a full-time job. Whether you are a government employee or a private employee, Whether running your own shop or any other business, you should never rely on trading alone.

Even if one is a very good trader, he may consider trading only as a second source of income. There are many opportunities in the market where the profit rate in trading becomes very low and often the risk of loss is also very high, so one can stay away from trading at such times.If someone has left his job for trading, then how can he remain financially stable in such a situation.

That's right, when I had earned a trading income that was higher than the salary from my main job, the first decision I thought about was to leave my old job because the income from trading was very easy to get without being tied to anyone, even when we were asleep and the trading profits were working, but my decision changed when the bear market came and almost cut the profits in half. I realize that the risk of trading is very high and anyone can experience a high risk of loss if they do not understand market analysis and cannot handle the risk of market fluctuations.

So stay focused on your main job as a civil servant with an income above the minimum salary that you can get every month even though you are not too serious about work, but you can combine trading for additional income because trading activities will not interfere with your work at the office, you can trade while active in office work. Everyone wants to have more online jobs for extra income so there is no reason to leave a civil service job that already has a fixed monthly salary.

Actually, it's not strange, but it just seems too confident in trading work, even though a job like trading also has its advantages and disadvantages. So it is not desirable for everyone to leave their old job which has become the main source of income for their own life when there is a new job that they can do at the same time. So it's actually not strange, it's just that it's more inappropriate to be abandoned because everyone knows that when they can work more on some jobs, of course the results won't be less.

What is called risk means of course there are advantages and disadvantages, because overall everyone will probably always be ready if their trading can always be profitable. However, some people are still not necessarily ready when their trading is not profitable or they experience losses due to corrections or even because of a change in trend from good to bad. So maintaining your main job by doing additional work at the same time is a pretty wise choice and also makes a lot of sense for everyone who wants more income.

It's always a good idea to have different sources of income, not just one. You have to organize your trading activities the way that it gives you several hours per day for doing something else. Don't sit and watch what's going on, put it on auto and do something else meanwhile.

Yes that's right. I think you still have to carry out your main job without having to quit your job, especially if you are already working as a civil servant, it feels strange to leave your job to focus on trading. It's best to do both, it will result in better finances in the future.

Indeed, being a good trader will automatically make you money. This is one of the few professions where the effort to improve instantly yields benefits. Trading may be difficult and risky, but it can also increase profits if parts of your overall strategy are successful.

Government paid jobs aren't that bad as op make it seem as though there's nothing good to come out of it, except you are without a university degree that's when you can't really benefit much living as a civil servant of you're employed as a graduate yearly promotions takes you to the hierarchy of earning high and to crown it all it's a consistent and reliable income source, instead of quiting it for trading that is conspicuously not consistent in terms of making profit out of it especially within the bear periods losses are enormous no matter how good a trader you profile yourself to be. Combining the both in increasing your sources of making money is highly appreciable and wise than quiting your job or any other source of income to focus only on trading. Who does that?

it makes sense, in my opinion those who are already working with a clear income I don't think they should leave it just because of the trade, maybe it doesn't matter but it feels better to run both well, one is clear that it earns per month, but with trading it has its own risks where the finances that are owned may be lost just like that, if you really want to do trading, then of course you have to have enough money, and by having a job that earns a fixed income I think it can help.

But it all depends on the person, because there are people who only want to run one thing because they want to focus on what they want, but there are also people who are aiming for success by mastering all the things that are profitable. both are not wrong because it is their own choice, also with the results later they themselves will feel it. I myself prefer trading, but business also has an exciting side.

Some people doesn't afford to do the both, which is trading and having a job cause just imagine being stressed at work then you would get drained at thinking analysis, looking at the charts, etc. It is not really advisable to leave your job since it's the stable income you get to provide all of your needs, cause if you are trading as a newbie, you would still be learning and not everyday you would profit so it's still risky. You can invest at yourself by learning trading and starting at a small amount first, from that you could already tell which one you should choose and focus with to get the fully potential and reach higher profits. Still, you must sacrifice one in the end of the day cause it's too tiring doing both.

Does doesnt mean your trading you gonna make money from it , job is most preferred for me to earn money as hardest and the honest one , trading for me is just for side hastle and can't be focus n that coz you can't earn money without signal from other or good analysis so for me think outside the box always

Having a job and still continuing your trading is less risky but if you leave your job and totally become dependent on trading then it implies to the fact that you are doing wrong thing as job can continuesly gives you profit but with trading you cannot face winning situations all the time.

If you leave your job just for trading so when you loss money then neither you will have income nor you will be able to get profit from trading therefore Initiation of both trading and job should be done at same time. Trading is very risky so do your job instead of wasting money in trading but if you have knowledge then minimum amount should be paid for trading and give equal time to both trading and job as if you focus more on trading then a time will come when you will not be interested in job.

It is very difficult to manage finances, I myself have tried many times to be able to manage finances so that they are stable but up to now I have often failed.
Regarding the desire to have a business or a steady income, it all depends on your individual needs. If you already have a family, of course there are many things you are afraid of, so you want a job with a steady income so that it can meet your needs with certainty even though you are already limited.
However, there are also people who have different thoughts, they believe and believe in doing business with the desire to get more than that so they have to do many things and work harder, I think it's worth it and I like it more.

First I will advice you is that you shouldn't be too fast to quit your job for trading because you are now earning from trading. Before you quit try to make other alternative because it is not idea for you to depend on trading and have no hope on anything that is generating money for you. In trading anything can happen that you don't know how long you will be stranded,  for now think of creating something else for income before making trading as your only job.

I think so too, it would be good for us to have knowledge of not just one income, I myself prefer doing business, because doing business makes me know a lot of things, with the many interactions I have with many people, it gives me additional knowledge about things I don't know yet, and I think this is good because with business I also have real experience, I do it myself, I mean what happens with what I do in real life, not digitally. Meanwhile for trading,  I think it's a lot of understanding and learning, but business also requires knowledge. to carry it out, it's just that here I don't really understand trading, but now I'm learning a little about trading, because whatever is profitable for me, I myself will study it well so that I can generate profits which might also be good for me in the future.

I learned trading myself, I saw from the experience of many people who were successful because of trading, actually there was also a neighbor of mine who was successful with trading, but he didn't want to teach other people, because he himself said "I didn't get the learning for free  I pay for all learning about trading so you can make a profit." That's what he said but I applaud him for being able to prove it.