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.