Topic: Which do you prefer - page 3. (Read 1441 times)

If I can do both, I will do both equally, but if I need to just pick one, or prioritize one than the other, then I would choose my stable monthly salary job, and I can do some trading on my spare time. Doing trading involve financial risk, while having normal job just required us to do the work, the worse could happened if the business collapse is that we will lose our job, we won't lose any money.

maybe there will come a time where this can get too tiring and draining that you would want to just focus on doing one thing of course you can’t dedicate every waking hours of your life into working and trading you need to spend time with your family and friends, do your hobbies, loan some time for yourself and etc


agreed some people dive in without proper education hoping that they would not need anything but crypto once they just leave their jobs

Our people stated we couldn't because of the vast amounts of flood, so we chose to quit the stream. Flood arrives in large quantities but stops in a few days, whereas stream comes in little quantities but never stops, but with patience, you will get the large numbers you want. So I will advise you not to get tired of civil servant work, no matter how little it is, you can use it to support your trading, one source of income does not provide comfort because needs are increasing every day, just focus and face the two sources to prepare for your tomorrow, even civil servant work has limits, there is retirement by age, which is 65 years, and retirement by years of service, which is 35 years, so what really matters here is we should just plan for tomorrow in any source of income we have.

I have no intention of becoming a civil servant, but I need money to establish my own business, which is why I must work for someone and make sacrifices for my independence. I would rather be a business owner or trader than a civil servant because I prefer to control things rather than be controlled, that is, I want to be the boss of my own life. Second, my income fluctuates, that is, it will increase or decrease and there is no limit for that, whereas a civil servant's salary is constant, it does not increase or decrease, and the needs are increasing. A businessman or trader earns money on a daily, weekly, or monthly basis, whereas a civil official only earns money once a month.

You can't just say that civil service is now going to be a waste of time, just because you already master the art of trading. Don't forget if who helped you when you are still starting. It will still be possible to trade even if you don't leave your civil service job, and it is still the one that can provide you a fixed income (not trading).

We predict what can happen in the future, so don't say that BTC trading's future is going to be bright. BTC might still be there but what if it will be banned in your country? I thought you are going to focus on trading earlier, but you also said that you will now focus on Bitcoin mining. Lol, is that a typo or what? But mining must be harder and less profitable than in trading. So, don't focus on it.

Stable Job is what we need but we also need a passive or extra income so why not have
that job and do the trading because imagine that you are assuming to earn 10 folds in something that you
cannot be assured to happen? just do your Job that is paying you decent amount and just try to work
online in your extra time.

I don't think so, they have to do other things at least to meet their basic needs. Of course everyone wants progress, especially in their economy, financial conditions are the main problem in every family which is something that must be paid close attention to, because the difficulty of getting a decent income nowadays makes many families have problems, especially financially. So it's not surprising that they experience this problem.

If they really believe they can open a business, they can take out a loan for initial capital, and they have to manage the business so that it can be profitable because they also have to pay off the loan debt used for their business capital, with strong consistency I'm sure they can fix his financial problems.

Yes, but the difference is that you don't need to establish something that you need to work hard on it. A business isn't built one day and that's why if you are in a company that receives monthly income, that's all you want to have and just finish the job with the schedule of your going to the office everyday.

There are pros and cons in making one but if you are confident that you'll be able to make it with your business then it's actually for you. You are the boss and no one will scold you when you're late or when you've low sales. Those that are open minded that are still employed, they've got back up when they establish one because all they have to do is test and trial until it becomes successful.

Based on what you've said, it's all about your value and it gets to the point that the time you allocate is also valuable. This is more of a contractor type but still gets to the point of being paid based on your performance.

There are businesses that all you need to do is to market. But the point of the entire thing is whether you start small or big, with huge money or little to none, starting is what must be done and let alone all the experience give you the idea on how tough it is in building it.

Why would you prefer to settle for a more regular pay grade within a defined period when you can make so much within or short time of not?
I get it that there are those who don’t like to take risk, don’t like to put themselves in the line but, what’s the fun in that? What life when you don’t get to take risks every now and then?
Life itself is a big risk and as such, you ought to seek out opportunities to keep you out of the rat race.

You’re not growing when your life revolve around a scheme, a scheme designed by the government to ensure your growth is stampeded and determinant on what you’re being offered.

I can never settle for any salary in the world. I’ll rather be in the business of taking that salary to invest in some other business that could earn me some good numbers as well. That’s where the money is, what you can do for yourself.

Not everyone does... there's evidence as many people do not have a side job and solely focus on what they do because their time is fully occupied. We can see that people with side jobs always need more money... they often hide behind the word 'hardworking' while realizing that their main job's salary is far from reasonable.

Wealthy individuals will focus solely on their businesses and invest all their energy in improving their skills and capabilities to become more professional. The main income is what determines whether someone needs a side job or not. Even without a side job, it doesn't mean they're lazy. You cannot judge someone who doesn't work hard physically as lazy because working smart sometimes requires exhausting thinking.

I prefer both, you don't have to choose between the two because you can do it at the same time. And that's what I do now and most people there. You can't rely all on one
if you want your life to be comfortable. So for me it's better to do both at the same time than to choose one because they both earn money.

Actually in this case we are kind of talking about the criteria and perspective of some people because obviously it will be very different regardless of whether they will take it on a monthly basis or maybe prefer per day or per week, it all depends on our own preferences.
I personally feel that for now I don't really matter whether we are paid per day, per week or per month as long as what we do is appropriate and fitting with the payment we receive. As long as something like that is fulfilled then I think it's not too much of a problem to be anywhere in payment, it's just that if there is an option to choose then we definitely prefer in the middle because a month is too long and daily income I don't think is too good for economic management so the middle ground is a week that is very good.

I want to have a stable monthly income and I'll find for an addition opportunity that I can work part time. This is what everyone is doing these days.
I won't just let it gone the stable monthly income that I am getting no matter what type of effort I do but that doesn't mean that I'll be slack on performing there, no.
I still believe that there are companies that are appreciating their employees and gives the decent reward that we deserve.

Owning a business is what is going to safe us from the stress of getting a job and going to work every morning to meet up with work. There are regions where owning a private business even though is for a small scale business is what people are after rather than going for a white scholar jobs. I would prefer people to try as possible to create their own business and build it to a level where they can be comfortable living the kind of life they want to the fullest. It is high time people need to start doing something and get their own business established. We don't need to start big but starting small and growing the business would be a better way to stay independent on outside jobs.

Obviously there could be a lot of people who prefer that they end up with a trading mentality or getting rich mentality because we are in the bitcoin world and there are a lot of people who are willing to take wild risks in this market.

But there are some like us, who prefer the monthly salary, my idea of financial life so far has been work as hard as possible, make as much money as possible, spend most of it, and keep if possible 10% of my salary in bitcoin every month and then keep on saving. After a few decades when I am old, if I am alive to be old of course, then I will have a lot of money, millions if bitcoin keeps rising like this, and I would be able to just retire and leave my kids a very good life. Simple as that.

It is really hard to achieve stability not only in terms of performance and efforts you are exerting to improve your business, but there is also the time that could ruin everything that you have planned for. I think every investor in the business industry is aware of that risk which is any kind of time like for example the pandemic. This would be achieved if building a business includes a long-term plan and also being prepared for unexpected events in the process. Performance you would just need to find and hire people who are trusted and well-mannered cause people who have skills and talent but lack discipline could affect your business.

It all depends on the amount of monthly income, the needs of the individual, and the time it takes to generate that income. If a person spends a very long time earning an income that barely meets their basic needs, is it necessary to hang on to it?

Stability could also be achieved when a business blossoms and flourish, we only experience instability when we are doing something that is not yielding the required or adequate result that could be impressive on us, in some regards we are to receive the blame because the lesser we are putting into what we do the poorer it's becomes for us to see it performing well in the economy market, so we should double up if we expect more.

I think that there is no such thing as a "steady income". People are just deluding themselves that they have a stable source of money because they have a job. But the truth is that they can be fired for almost any random reason at any time.

Personally, I would rather concentrate on different passive income sources. The more you have the better. Ironically, having such an income source is infinitely more secure than hoping that you get to keep your wage job in the near/far future.

Having both would really be always that good on which it would really be just that depending on how well you would really be that able to have that good time management on dealing with things.Yes, its easy but you would really be ending up on having no choices because you do deal up with both things. If you do find out that trading is much more worth or you are simply that confident with your trading skills then it wont really be that bad on quitting  your job and would really be going full time with trading but if you arent that still confident with your skills then make trading as your side income. It is true that once our side income becomes that more bigger with our main job then we would really be having that kind of boredom or losing interest gradually.

I could say since i was actually on the same situation on which Bitcoin trading or investments turns out to be more feasible or something that more worth rather than on spending my
time into my job almost whole day just to earn something which is way more less when we do speak about trading profits. Just like you said that you would really be
having those moments on trying out to choose on which one you should really be leaving on on which its common sense thing that we would be sticking into those much bigger options.

the monthly income they get is only enough for their needs that means they don't have to borrow for their basic needs right? do all people who have limited income they borrow money? i don't think so, because those who have a good mindset might think that with the income they get it can fulfill their needs so why borrow if there is no urgency, but indeed people who have limited income they will meet with unlucky days so maybe they will also borrow money from others. is it wrong for someone to want to start their business? should someone stop there because they know there are risks later if they start a business? if they don't move forward they won't know, because even though there are risks in starting a business in my opinion it doesn't mean we have to stop, because even someone who is successful must have faced risks and experienced failure.

big losses will occur if we don't run the business well, think about this, does someone start a business with the aim of getting losses? of course not, right? of course they start a business to make a profit, so they have to manage it well so that there are no big losses. even if they experience losses I think they should be able to handle it well, that doesn't mean when we get losses we stop, life is not that short my friend.