Which do you prefer

[tygeade]

If both can be carried out then why not remain in both, becoming civil servants and also becoming traders.
I also experienced a dilemma when I had to stay as an office worker or focus on trading and at that time it was very easy to make profits in trading so I made the wrong decision thinking that trading is a job that will always earn money but it turns out that this is not always the case, so I had to face economic difficulties because I was no longer working and trading was experiencing a decline in yields.
So if you can stick to both then it will be better until you actually have enough assets for retirement later, so that inflation won't reduce the value of your assets, but instead these assets provide regular income.

I don't want to disappoint the OP, but to be honest, very few people can make a living from trading because it's so unpredictable, and we can't always make a profit from it. I have never seen anyone who always wins without losing in trading, and most of the professional traders I know also have outside business. OP is making a lot of profit from trading, but that doesn't mean in the coming months, in the future, it will always be. Therefore, in my opinion, he should not give up his job as a civil servant despite a low salary and a lot of pressure.

That is true, there are professional traders who may make money that way, or there are people who use others money to trade in the wall street world for example, all of that is understandable and common as a business. If you are like that then you may make a profit but if you are not like that then you are going to lose a lot.

I personally suggest that everyone who ends up with a profit on trading should be careful because they may end up losing it a bit later, it's not a consistent thing and you need to learn how to trade very well before you start. It's like walking on a thin rope a 8000 feet, if you fall, you die, and here if you fall you lose all your money, would you go up and walk that thin rope without any previous study and education o nit? You need to learn first.

[slapper]

If both can be carried out then why not remain in both, becoming civil servants and also becoming traders.
I also experienced a dilemma when I had to stay as an office worker or focus on trading and at that time it was very easy to make profits in trading so I made the wrong decision thinking that trading is a job that will always earn money but it turns out that this is not always the case, so I had to face economic difficulties because I was no longer working and trading was experiencing a decline in yields.
So if you can stick to both then it will be better until you actually have enough assets for retirement later, so that inflation won't reduce the value of your assets, but instead these assets provide regular income.

I don't want to disappoint the OP, but to be honest, very few people can make a living from trading because it's so unpredictable, and we can't always make a profit from it. I have never seen anyone who always wins without losing in trading, and most of the professional traders I know also have outside business. OP is making a lot of profit from trading, but that doesn't mean in the coming months, in the future, it will always be. Therefore, in my opinion, he should not give up his job as a civil servant despite a low salary and a lot of pressure.

That is true, there are professional traders who may make money that way, or there are people who use others money to trade in the wall street world for example, all of that is understandable and common as a business. If you are like that then you may make a profit but if you are not like that then you are going to lose a lot.

I personally suggest that everyone who ends up with a profit on trading should be careful because they may end up losing it a bit later, it's not a consistent thing and you need to learn how to trade very well before you start. It's like walking on a thin rope a 8000 feet, if you fall, you die, and here if you fall you lose all your money, would you go up and walk that thin rope without any previous study and education o nit? You need to learn first.

Let's be direct. Trading? It's dangerous. Not everyone becomes wealthy. They'll fail. Why this fixation? Quick cash attracts them. Trading is not a goldmine. Success requires blood, sweat, and tears. Trading may give the specialized insight. Thinking rapidly, changing strategies, and assessing outcomes become second nature. Anywhere-useful life skills. Don't fear hard effort or mistakes if you want to trade. It's hard, but if you're determined and lucky, it's worth it.

[DevilSlayer]

The most dumb thing that people do is to resign or let go their active income and then go full time in trading, rich people do not even do that because for them it is a dumb decision. We should have a lot of different source of income if we want to become rich, so for me quitting in your civil job and go full time in trading is not a good idea. It is better if you will still continue becing civil servant and also an investor just make sure you have organized plan that will help you to manage your schedule very well.

I saw a lot of people who regret their decision when they quit to their job and just focus in trading, remember that you only few people who can become profitable in trading so it is really hard if trading is just your source of income. You will be pressure to make money which is really bad because it can affect your trading psychology which can lead you to make bad decisions in trading. It takes a lot of time and it can be took to years just to become profitable and make consistent profit. The really best decision is to pick both and not to let go trading and your active income job. That's what will rich people will do if they are in your position.

[Joshapat]

In my country a civil worker is the dream of many people, when there is a vacancy to become a civil servant then the applicants can reach 100x, for example there are 1000 vacancies, then those who register and write tests can reach 100,000, this is because civil servants have many advantages besides salary and facilities , but I'm not interested in becoming a civil servant and prefer to work in the private sector.

[ichsan ardi]

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 prefer to try or trade rather than being an employee even though the business sometimes goes up and down because trying has a risk but instead of being an employee our salary takes a long time to increase it takes years that's the reason I chose a business because I learned how to make money by trading because we try not to have pressure a large one like a natural office employee. very high pressure but the salary we receive is not commensurate with what we do I really don't like that
this is just my personal opinion what do you think?

[SirLancelot]

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

It's normal to earn while working except if the company intentionally didn't pay you but we can always report them. Maybe on some undeveloped or developing countries, jobs there are hard to find. If that is the case then we should value it.

We must not forget that this is where we start so we must not replace it easily only because we think trading can offer nice money because that might not last. The OP is planning on quitting his job so I think he will also do the same on his other earning activities if ever he has it, so that it gives him more focus and time for trading. He will never have an interest in trading if he is already earning decent from multiple sources.

[panganib999]

Personally, and this coming a little bit from a place of abundance, I'd choose working on my own business instead of making someone else rich. Don't get me wrong, there's nothing wrong with going full-time office employment but the stress and the issues that comes with working for a corporate company, from the commute alone is already something that I'd have a hard time handling. So, for the sake of my mental health and my growth as a person who wants to own an established business/enterprise someday, I'd choose personal earning schemes like businesses and trading assets instead of toiling from 9-5, exhausting myself with the dangerous and stressful commute system of the country I live in, only to get paid peanuts in the process, albeit consistently.

[Finestream]

Firstly there are many of this Same thread on economy board and that’s where the thread is best suited to, so please move it there. Learn how to use the search engine here

Almost everyone wants to be their own boss and that is achievable with owning a business or trading. But both the latter and former are not easy to start up because one needs a capital. Although there are grants or loan that one could use to start up but the problem is the major risky of the business collapsing or losing everything on trading.

The government work comes with security and doesn’t need fund for business start up but government work also requires one to go through acquiring knowledge which is somewhat difficult for some people. Also the government work has its limitations because it doesn’t gives one freedom to earn more profit as you’re confined to only your salary or wages. I actually prefer the both but the business doesn’t need to exhausting one or one could just find sales person for the business.

Both are actually giving significant profits but if I want to take advantage and maximize the profit making, then it’s better to keep them and work on progress for them both. You can’t rely to just trading alone, because there are times that the market won’t let you become profitable even how pro you are, but as a government worker, regardless if you are a newbie or pro, you will certainly received fixed amount of income at the end of the month. But working on it alone won’t never give you unlimited profits, unlike when you prefer to work on both.

[cydrix]

Since you are skilled in both, you need not make a decision. Keep in mind that trading should only be used as a secondary source of income because, unlike our secure employment, it can never guarantee us earnings on a regular basis. Even if your trade is profitable right now, there is no guarantee that it will continue to be so in the future. Stay at your job and just engage in trading during your free time for the best outcomes. That would be my recommendation so that you can still profit significantly from both.

[Mate2237]

Op I will advice you not to quit your civil servant work because of trading, remember bitcoin did not come or was not created to come take over fiat currency but it was created to assist the fiat currency online. That is the same thing with you civil servant work and trading. Trading should not take you government work either the trading should be a supporting pillar to your work.
Both of them are preferable, because all the two support one another for the progressive of the other. It was the civ servant salary was used for the trading and the same thing the trading now is making the civil servant salary to be saved. So all are good.

[Vaculin]

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.

If you are a low risk taker and just want to play it safe, then choosing your job over trading is not really bad. After all, being a civil servant actually makes a good amount of income. However, for some people who have more skills to show like you, then it’s never bad to make use of them at your own advantage. Keep your job and continue trading as your side hustle, that way you will reach your goals in life faster than what you expected. But never forget to take caution when trading as its definitely a high risk job.

[Supreemo]

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.

for me you can actually do both it's a matter of time management but since if you work as a civil servant from mondays to fridays you don't have enough time to do trading well, you can do it at night if you want it depends on you if you're not tired , but i prefer if you're stable at your job too it's better if you stay on it because it's an opportunity to you since not all can actually easily apply for a job now and the most important thing is you have a degree.

[Twentyonepaylots]

Firstly there are many of this Same thread on economy board and that’s where the thread is best suited to, so please move it there. Learn how to use the search engine here

Almost everyone wants to be their own boss and that is achievable with owning a business or trading. But both the latter and former are not easy to start up because one needs a capital. Although there are grants or loan that one could use to start up but the problem is the major risky of the business collapsing or losing everything on trading.

The government work comes with security and doesn’t need fund for business start up but government work also requires one to go through acquiring knowledge which is somewhat difficult for some people. Also the government work has its limitations because it doesn’t gives one freedom to earn more profit as you’re confined to only your salary or wages. I actually prefer the both but the business doesn’t need to exhausting one or one could just find sales person for the business.

Both are actually giving significant profits but if I want to take advantage and maximize the profit making, then it’s better to keep them and work on progress for them both. You can’t rely to just trading alone, because there are times that the market won’t let you become profitable even how pro you are, but as a government worker, regardless if you are a newbie or pro, you will certainly received fixed amount of income at the end of the month. But working on it alone won’t never give you unlimited profits, unlike when you prefer to work on both.

I agree that if it permits us to do both which is have a stable income from a job while also trading or others that has the capacity to give you higher profit. In this way, you can be secured since you have a constant source of income which is your job that is enough to provide your needs and wants. The trading and other side hustles can be a form to help us be financially secured so that we can diversify our savings and investments that is important in the future. So, it is really best to maximize everything as long as we are really capable of doing so since it is a great opportunity for you to make yourself better financially.

[dansus021]

It's normal to earn while working except if the company intentionally didn't pay you but we can always report them. Maybe on some undeveloped or developing countries, jobs there are hard to find. If that is the case then we should value it.

Yeah Im from developing countries get job here is kinda hard and low skilled job doesn't pay enough.

We must not forget that this is where we start so we must not replace it easily only because we think trading can offer nice money because that might not last. The OP is planning on quitting his job so I think he will also do the same on his other earning activities if ever he has it, so that it gives him more focus and time for trading. He will never have an interest in trading if he is already earning decent from multiple sources.

You don't get the point, like I was said before trade is risky and sometimes loss is inevitable the other business is just for the backup plan when trades goes wrong Trading is High Risk High Return so it always good if we have low risk low return too

[Ani1985]

If we can become civil servants for the government and earn enough income then we don't need to do anything, we must continue to improve our discipline and skills so that we can get promoted, I also plan to become a civil servant and this year there are 3 tests that I will do.

[Kasabus]

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 all depends on how proficient and confident we are in that one field, if I am not sure of the abilities that I have maybe I will become a civil servant and get a salary every month while honing my skills in the field that I am interested in

Unless you have huge wealth in your account enough to take the risk in trading, then it won’t be hard to leave your current job and shift into trading as your new career. As long as you have great skills and strategies that work for you, then trading will be a good source for stable income. However, for some who are still learning to trade and improving their skills and strategies, it’s better to focus on your job while doing some trading at your spare hours. Trading is really rewarding and productive but it’s certainly more risky and stressful especially for those who are not used to the crypto market volatility.

[19Nov16]

Civil servants is something that almost everyone likes, most parents suggest their children to work as civil servants, this is because civil servants will be respected and of course get a large salary, in my country to enter into civil servants requires strict selection, and sometimes it took a very large fee so when he was accepted the first thing that was thought was to immediately get the money used for the entrance fee.

[Reid]

I prefer doing both. If I can go back in time and be on my early years of working again, I'd do it all. Trading must've been good to you but there will be times when it becomes boring. Do it in 3-5 years then you feel the intense feeling of being alone.
I chose to prefer doing both because I still want to socialize. Being on a company has those perks, not just the salary, being with other people, talking to them and having fun if there is a time to spare.
Now, I work from home. It's damn lonely. Yeah, you do have your family near you and see them every day but I still prefer having another side of me that fills that loneliness of companionship.

[iamsange]

In my country a civil worker is the dream of many people, when there is a vacancy to become a civil servant then the applicants can reach 100x, for example there are 1000 vacancies, then those who register and write tests can reach 100,000, this is because civil servants have many advantages besides salary and facilities , but I'm not interested in becoming a civil servant and prefer to work in the private sector.

Those who are more eager to become civil servants in your country, I don't think it's wrong if they don't have other permanent jobs in life. Moreover, after becoming a civil servant, it is certain that there will be a pension salary that they can enjoy in their old age, even though those who become civil servants will not be as rich as the big businessmen in their country.

But there are also those who join civil servants because they are forced to due to having no other choice after they graduate from college, but this is clearly not bad because it is also part of the business in their life even though there are many people who do not pass the civil servant test which later too work as private employees in a field they understand.

[Andrija Branislav]

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 prefer to try or trade rather than being an employee even though the business sometimes goes up and down because trying has a risk but instead of being an employee our salary takes a long time to increase it takes years that's the reason I chose a business because I learned how to make money by trading because we try not to have pressure a large one like a natural office employee. very high pressure but the salary we receive is not commensurate with what we do I really don't like that
this is just my personal opinion what do you think?

It sounds like you have a clear idea of your chosen path and understand the risks and benefits of being entrepreneurial versus being an employee. I think Running your own business certainly has challenges, but it also offers a lot more flexibility and control over your income potential. Even so, being an employee has its own advantages such as a steady income, job security, and benefits.