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Topic: Which do you prefer - page 9. (Read 1368 times)

hero member
Activity: 784
Merit: 615
April 30, 2023, 05:14:24 PM
#54
I would prefer to do both if I had the option to but in this case since I don't really like trading so this won't be an option.

I don't really like trading because I'm not good at it so I prefer to do investment. I still do that from the time I started here until now and never touched trading too much because I am aware of my strengths and abilities.
On the other hand, I'm also still working in rl so this still makes sense. I like that even though the salary can be said to be just enough to make ends meet but it is the best thing for me in supporting my life and small family so it will not be stopped just like that, on the other hand investing for the long term is also important so I did it in bitcoin until now so in this case I can get two benefits at once even though bitcoin has no real guarantee but on the other hand I am still sure of it, as for my rl work it is to support my daily needs at this time.
legendary
Activity: 2618
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Tontogether | Save Smart & Win Big
April 30, 2023, 04:47:11 PM
#53
Atleast for the sake of my family I prefer doing the civil servant job. If I'm single I could've opted for the cryptocurrency trading, because I can manage with what I've earned for the day. When we've got dependents it is really hard and certain scenario can't be managed easily. Somehow I'll try to spend good time on trading as it gives me additional earning access based on my understanding about the market. Every day we can't expect it to be successful day in trading. OP is good enough and lucky to have consistent profit through trading.
sr. member
Activity: 952
Merit: 323
April 30, 2023, 04:43:35 PM
#52
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.
Which do you prefer an why?
This topic is interesting to discuss, someone who has a fixed salary like civil servants will always be calm. but sometimes he do not want to improve his performance because there is no demand to improve work performance. Always on stagnant level and do not have any strong desire to break his limit to achieve another goals.

Trading / business encourages someone to always pursue new targets and improve the work performance.  This will make us always grow. But we will always face more complicated problem that should be handled on trading / business. You can earn profit from short trade on crypto trading,  but it does not easy as we said because  the market conditions are very difficult to predict. 
member
Activity: 499
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April 30, 2023, 04:35:13 PM
#51
It's wonderful to hear that you've had trading success and that it has helped you view income differently. The choice between a consistent monthly wage and a performance-based bonus ultimately comes down to personal preferences and risk tolerance. Others may prefer the potential for higher earnings through performance-based income, even with the possibility of sporadic losses, while some may prefer the security and stability of a steady paycheck. It's crucial to analyze the benefits and drawbacks of each choice, taking into account elements including financial objectives, preferred lifestyles, and personal values. The decision is ultimately up to you based on what suits you the best.
hero member
Activity: 644
Merit: 544
April 30, 2023, 04:28:32 PM
#50

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.
There are many crypto traders that are also making decent amount of money from their trading base on their knowledge toward trading, but the problem is that it is always that they do make good profit, they even experience loses sometimes.I sure making profits from trading can't be always but if you are making huge profits from it without not loses, it can just be a lucky season for you.
Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

I may say that is just a lucky season for you and base on your good knowledge about trading. Many traders have experience good things you are experiencing now but  market later change which does not favor them again. Let be wise not to focus only on crypto trading.
My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.

I love to be self employed because of time I may not have for myself compare to working under company or government.but due to risks involves in crypto trading and not assurance that what I am have making from my trading will continue, I will prefer to go for government work that I will be seeing my salary at every end of the month continously.but I may just use trading as alternative way of making income.
hero member
Activity: 2100
Merit: 618
April 30, 2023, 03:21:06 PM
#49
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.
I think it all depends on your style of living. I see people after they get a level of living status, they are contended with even a monthly income to meet that status. But once they are introduced to a new level or standard of living by giving too much money you get attracted to it and then once again you want this level of money to come to you so you can meet this new standard of living. I think humans always get lured to richness and then adjust them to that.
hero member
Activity: 1358
Merit: 538
paper money is going away
April 30, 2023, 03:13:14 PM
#48
Which do you prefer an why.
I am the type of person who prefers performance-based work, where the compensation I receive is based on the size of my contribution and the impact of the work I complete. This, of course, drives me to continuously improve and learn new things. When we acquire new knowledge, our capacity increases, allowing us to improvise and tailor our output to match our abilities.

,,,now I earn money daily and week,
Achieving great work is a daunting task for every day trader, as it involves consistently earning profits on a daily basis. Perhaps we differ in our approach to trading, and I would be delighted if you could share your experiences to help me withdraw profits every day.
sr. member
Activity: 2366
Merit: 448
April 30, 2023, 03:10:43 PM
#47
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.
From your story it sounds like you had a good trade because it was profitable, and you have a good job and have a lot of free time to do other things like you trade.
so i think both are good for you and if i was in your shoes i would do both because i would easily do both as i have a lot of free time especially saturday sunday. And the work of civil servants is not like factory labor and you can still trade while working, but you also have to prioritize your work first.
So in my opinion both are equally good for you and you don't have to choose one because it will make you regret it later.
legendary
Activity: 2296
Merit: 1335
Defend Bitcoin and its PoW: bitcoincleanup.com
April 30, 2023, 03:04:42 PM
#46
Hard to say because for me the most important thing is free time. I always had jobs that were part-time and allowed me to focus on the things that I liked doing, basically I was freelancing all my life, earning little, but I also had other sources of income like a rented out property. I thought about it long time ago and I had an option to work all day and never be home, so that I'd have to hire people to do everything like a gardener, a plumber, an electrician, a nanny, or get a part-time job, learn less than half of what I'd get otherwise and be able to spend time at home with my family and do all the stuff myself and that's what I chose.

I really prefer to cut grass myself, get some tan while doing it, then drink a cold beer, instead of sitting in the office while some guy does this for me and gets paid for it.
Value your time people!
sr. member
Activity: 1302
Merit: 252
Sugars.zone | DatingFi - Earn for Posting
April 30, 2023, 02:57:07 PM
#45
I'll choose both. Because relying on a single stream of income can be risky, especially in uncertain economic times, It's important to diversify one's sources of income and consider multiple streams of revenue, whether through a side business or other investment opportunities. Above all, a trader must know how to manage their time and prioritize tasks effectively, especially when balancing a full-time job and trading. It's important to have clear goals and to avoid overextending oneself or taking on excessive risk.
member
Activity: 714
Merit: 30
★Bitvest.io★ Play Plinko or Invest!
April 30, 2023, 01:22:55 PM
#44
I would prefer both trading and a steady source of income over a salary.
Salary is a stable money that comes as a result of working for the government, so it is reliable. If I can have both a reliable salary and trading experience, I would like to add both so that I can benefit from them both.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
April 30, 2023, 01:11:57 PM
#43
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.
Preferably continue with your civil service job alongside trading of course you have to balance the two to avoid backlash probably late going to work due to some trading opportunities, of course you will miss some trading opportunities or signals while at work that means the few trading opportunities or signals that occurs must be well utilized, if possible increase your leverage to earn more profits while this is subject to your trading strategy which I hope or believe earns you profits consistently, I also believe your civil service job is less stressful so that you can concentrate on trading profitably after closing for the day job.
full member
Activity: 462
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A Top Web 3 Gaming Layer2 Provider
April 30, 2023, 12:26:39 PM
#42
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.
It's a personal choice when it comes to deciding between a steady monthly salary and a business/trading where earnings are based on performance. Both have advantages and disadvantages, and some people may prefer one over the other.

A steady monthly salary provides stability, which can be very reassuring. You can plan your finances accordingly and have a consistent source of income, which is important for people with financial responsibilities like family or debts. Additionally, a monthly salary may come with benefits like health insurance, paid time off, and retirement plans.

On the other hand, a business or trading can present an opportunity to earn more money, and your earnings are often based on your performance. If you are successful, you can earn ten times what you might earn as a civil servant. But this opportunity also comes with risks as there may be bad days that could result in losses.

Ultimately, it depends on an individual's risk appetite, financial goals, and priorities. Some people may prefer the stability of a monthly salary, while others may find the potential earnings of a business or trading more appealing. It's essential to weigh the pros and cons carefully before making a decision.
legendary
Activity: 2954
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April 30, 2023, 12:18:39 PM
#41
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.

Well, if you are making good money out of trading and also you are able to make a profit in times when the market situation is not favorable, then it means that trading suits you and you can quit your job and do full time trading. However, this may not be true for most of traders who usually face more loss than wins.

If you ask my opinion, I would say that one should get constant income, either from a day job, business, or trading, however, trading is not for everyone as it needs some skills to be able to trade professionally.
sr. member
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Leading Crypto Sports Betting & Casino Platform
April 30, 2023, 11:48:11 AM
#40
Working as a civil servants have always been my thing, I work from Monday to Friday which to me is normal, I feel proud doing it until I started trading bitcoin.

Trading started making me see things differently, because I no longer wait for my monthly salary, now I earn money daily and week, due to the kind of large amount of money I make in trading I fell out of love for my civil service job, because the money is small  but it is still a decent salary.

Note: in trading I earn base on performance, but even though the market is too bad, I still earn a decent amount of money out of it in a month base on my level in trading.

My question is guys which do you prefer, a steady monthly salary which you know that no matter what, it must come once the month ends or a business/ trading/ any other thing which you can do that you earn base on performance and you have the capacity to earn ten fold of what a civil servants might earn if you are good at it, but there is also a possibility that you may have a bad day in the office which you may even incurred some loss.

Which do you prefer an why.

I believe that either you're 1) a fraud profitable or 2) Yes you are profitable yet inconsistent in your result. Because if you do, you won't ask the said question in the first place.
Be clear about your own vision and what you want to achieve in your life. Success isn't all about money. It's about doing what you love every single day. Now weigh both of your options. Ask yourself what is more fulfilling. In fact you can do trading in the side as you serve as civil servant.
hero member
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Bitcoin makes the world go 🔃
April 30, 2023, 11:46:12 AM
#39
If you can still earn while work I think the best option right now is do both. Looking for a job is very hard nowadays so please ask yourself are you suitable with this?

and second trading is risky business maybe for now you made a decent profit but sometimes market is against you and losses is inevitable and you must know this, and if you are good at it than full time trading is best option for you. but before you get out from your current job it always better to have multiple source of income rather than sorry later like I did Sad
If OP already save enough money that he can spend for his daily needs UpTo days or years he plans not to work in his regular job then he can leave job as long as he have savings, emergency fund or insurance. Trading is undetermined we can't guarantee earnings everyday, we don't know when the market will pump or dump so before we decide to quit job we must know our capabilities. If leaving job can make him more money provided OP is that good in trading then better focus in it to get more chance of profit.
Many are doing side jobs now while doing trading, since it's hard to do extra jobs when we are committed in a full time job tha sometimes requires us to overtime too.
copper member
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April 30, 2023, 11:28:33 AM
#38
If you can still earn while work I think the best option right now is do both. Looking for a job is very hard nowadays so please ask yourself are you suitable with this?

and second trading is risky business maybe for now you made a decent profit but sometimes market is against you and losses is inevitable and you must know this, and if you are good at it than full time trading is best option for you. but before you get out from your current job it always better to have multiple source of income rather than sorry later like I did Sad
sr. member
Activity: 1386
Merit: 283
April 30, 2023, 11:21:29 AM
#37
snip...

Which do you prefer an why.

Why don't you maintain both? Diversifying income is a must-do in today's life. There is no guarantee that you will always make money trading, and there is no guarantee that your job as a civil servants will be stable forever. So, if you can maintain both to prevent unexpected situations as well as increase income is a good thing to do.

For me, even though investing or trading brings a better income than other traditional jobs, I have never considered it as the primary source of income because, in the market, anything can happen. It still carries far more risks than traditional jobs.

I think it's better to take both or diversify income from main sources, let real world jobs be whatever it is but provide stable income it's better to maintain especially if it doesn't take too much time and effort. Let trading be a sideline for daily or weekly income additions, because to be honest, when we pay too much attention to the market and trade mentally, we are more easily exposed to pressure due to market fluctuations. there is an analysis that is 100% always correct.

It's good to trade when you're feeling calm and away from negative thoughts to produce more controlled trading.
I think if we could manage and stabilize both I would really like it and do both well.

If it were me, I would also try to allocate time to do both. Having multiple sources of income is the dream of many people, so it's a pity if OP ignores it.
Although it will take us more time and energy to maintain both jobs at the same time, a high income will ensure that our lives will be more comfortable and we will be able to prepare many things for the future and the family.
sr. member
Activity: 1540
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April 30, 2023, 11:16:01 AM
#36
If we already work as civil servants or private companies indeed every month will definitely receive a predetermined salary, but I prefer to do a trade either online or real trading because the income we get can exceed the salary received by employees if the trade we do is adequate, there is even a friend of mine who left an agency because he already has a job in more trade  Relax in managing time and more freedom but still income can be sufficient.
hero member
Activity: 2520
Merit: 578
April 30, 2023, 11:06:32 AM
#35
I prefer doing both because for me steady monthly salary is the one I used in my family’s daily expenses, that steady salary is already budgeted for our food, electricity bill, water bill, internet, mobile phone charges etc. with that i have no worry about where i will get money for our daily expenses. Doing trading / investing would be my second source the money I a lot in investing is for long term goal.
If your profession where you work is as an ordinary employee, I think you won't be able to invest so much money every month if the source is only from your own monthly salary. Because as you said, you will use your monthly salary for several sectors of your own needs, such as food, electricity bills, water bills, internet, cell phone costs, etc. So you still need income from other directions if you want to invest in larger amounts for the long term in your life.
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