Which do you prefer

[Smack That Ace]

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.

I agree with you, giving up my main job to focus all my time on trading is a bad decision. There are times when trading gives us high income, it does not mean that we will always be able to earn high income from trading. Honestly, I have seen many people who can make a lot of money from trading, but those people also have other jobs besides trading. They used to tell me even though trading makes a lot of money, but not always, there will be times when there will be huge losses. Therefore, for them, they have never considered trading as the main occupation that brings their income and economic stability. They always have other sources of income if their days trading goes wrong.

With the current difficult life, everyone wants to diversify their income sources, having 2 or 3 sources of income is always the desire of many people, OP is doing the opposite. OP, please consider carefully before making your final decision.

[gaston castano]

I prefer the possibility of getting a bigger one, because if you only rely on a monthly salary then you will not grow, because you will get used to it and don't have to think about anything else.
while the other has the ability to change you every day, you will be forced to think and make changes from time to time so that you can grow and have an ever-increasing mindset.

[CageMabok]

I prefer the possibility of getting a bigger one, because if you only rely on a monthly salary then you will not grow, because you will get used to it and don't have to think about anything else.

If someone only relies on his monthly salary, I don't think he will develop quickly in his life and it will be difficult for him to become rich because he has no other income. As for the monthly salary, he will definitely use it for daily needs, although he can leave a little of his salary for savings. But he will have to have a very long time to see his savings become large.

while the other has the ability to change you every day, you will be forced to think and make changes from time to time so that you can grow and have an ever-increasing mindset.

An increased mindset can only be possessed by those who are not satisfied with their monthly salary, because such people will always think of getting other sources of income in order to change their lives. And in general, of course, the level of ability to think and also the ability to move is also very much needed because thinking without doing is also nonsense.

[rat03gopoh]

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.

When someone has become an "expert", there is no need to ask this question because the answer is clear that people will only have a profession that they like, without pressure from superiors, more likely to earn more. Too many expect it, but in reality it is difficult to achieve it, while more argue that steady income is not so bad because most people will consider the consequences up front. And make no mistake, several types of jobs as an employee are also required to be "expert" before they are accepted.

[woez]

I prefer the possibility of getting a bigger one, because if you only rely on a monthly salary then you will not grow, because you will get used to it and don't have to think about anything else.

It's true. As we have noticed, the life of a civil servant or private employee has a fixed monthly salary, for example, a salary of $ 300 per month must be able to meet the needs for a month, meaning that no more than $ 10 dollars must be spent even though there are other benefits, but with the price of goods that continues to rise, indirectly it must be looking for other passive income.

Yes, it's true as you say. It's important to have a growth mindset and constantly look for new opportunities for personal and professional growth. However, it is also important to remember that financial stability is very important and one must strike a balance between income growth and financial security.

[Ahli38]

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 been a few years since I was a day trader on a crypto exchange. And I also admit that this activity is quite fun because I am not bound by time and place. Thank God even I can provide for my family from every profit I earn from my daily trading. but I withdraw profits only within a week. because I am a scalping type of trader. I earn little by little every day. I collect and I withdraw every week to spend on my household needs.

But it is also necessary to know the fact that maybe you should know that being a day trader is not easy. even in the first year I started day trading. I can't have consistent profits. because at that time I had not mastered the psychology of trading and the market. Analysis in trading (technical, fundamental and sentimental) can indeed help us get profit and make us understand market conditions and when to enter and exit. and makes it easier for us to determine where to buy and sell points. it's just that all of that can be in vain if we are not good at managing our emotions. so it is important to learn emotional management / trading psychology. Sharpen mentally and stick to the results of the analysis that we have made carefully.

so you can say I am comfortable with my choice as a trader. but I am also happy with the salary I receive from Signature in this Forum. that I can collect for my long term investment. and I invest for my children's later education and also my and my wife's old age.

everyone must have their own choice where they are more comfortable in the choice of work and various types of income. but I'm comfortable with my current state.

[Obari]

This depends on personal choices to me I would say civil service job is also important as it will act as a support especially for those who are newbies in the trade
One thing you should not is that the payment is constant every month you are ensured of your salary
In the aspects of trade it is a life changing job the if attention is given fully it gives rise to our yield just like we will expect there are a lot of people who only depends on the trade and forget about civil service job is not that they don't want to get involved but it is a matter of choice just like I said earlier

[hafiztalha]

This depends on personal choices to me I would say civil service job is also important as it will act as a support especially for those who are newbies in the trade
One thing you should not is that the payment is constant every month you are ensured of your salary
In the aspects of trade it is a life changing job the if attention is given fully it gives rise to our yield just like we will expect there are a lot of people who only depends on the trade and forget about civil service job is not that they don't want to get involved but it is a matter of choice just like I said earlier

In my opinion, civil service job is good job. In starting ,I will continue this job because it will pay our monthly bills. When I will be expert in trading of Bitcoin, I will quit this job and I will focus on trading because trading will give me high income than civil service job . I can make Bitcoin trading work a full time job. Civil service job will waste my time ,So I am interested in Bitcoin trading. The future of Bitcoin trading is very bright. I will focus on Bitcoin mining and I will research very well. In this way,I will become a professional Bitcoin trader ,I will make multiple times money than civil service job.

[arimamib]

while the other has the ability to change you every day, you will be forced to think and make changes from time to time so that you can grow and have an ever-increasing mindset.

An increased mindset can only be possessed by those who are not satisfied with their monthly salary, because such people will always think of getting other sources of income in order to change their lives. And in general, of course, the level of ability to think and also the ability to move is also very much needed because thinking without doing is also nonsense.

There are indeed people with an increased mindset being more common among those who are dissatisfied with their monthly salary. Dissatisfaction can be a motivator for people to seek for more income and strive for positive change in their lives. It reflects a proactive approach to improving their financial situation and overall well-being. A mindset shift with concrete actions is what propels people toward their goals. It acknowledges that thoughts alone may not lead to tangible results.

Thought and action should be a synergy to create a powerful combination for personal and professional development. That acknowledgement encourages a comprehensive approach to improvement, because recognizing the ability to think creatively and strategically must be complemented by the willingness and capability to take decisive steps toward positive change. It resonates with the idea that transformation often requires both mental and practical engagement.

[bettercrypto]

If it helps you both, why don't you do it at the same time as what you are doing now? You can't do that for sure if you don't have an understanding of how to conduct trading activity every day of your life.

So, good for you if you are getting profit from trading here in cryptocurrency or bitcoin; just continue what you started, but for others who have a stable job and don't know anything about crypto trading, don't neglect the job that gives you earnings monthly. Just learn trading first.

[summonerrk]

Which do you prefer an why.

I also work in a full-time job and I think that this is not as bad as people who categorically deny official work are trying to present it. And those who believe that everyone should only be self-sufficient. But free earnings such as signature campaigns and trading do not have stability. We just saw how the campaign mixer fell apart here on the forum. Trading can also fail and the price will go in an unpredictable direction.
And any responsible person without 50 thousand dollars in his pocket will not quit his main job.

[bayu7adi]

Both are the same to me... it depends on how much I can get, and that can influence my preference. Working as an employee with a regular job and earning $50,000 salary seems more appealing than running a business and trading with a daily income of $500. I lean towards the amount of money, not where it comes from. However, if the results of both jobs are the same, I would prefer trading because I get better time flexibility than working. Well, who doesn't like freedom?

Something we consider good is relative, so it's reasonable if you connect it with money... a realistic perspective stands out the most. We all like money, no need to be hypocritical. And I'm sure everyone likes more money. It will provide more freedom for us to spend on things we like.

[Pablo-wood]

It depends on the payment that comes from the monthly job or business. Trading has higher volatility and has such there might come a time where the trading capital get blown down to zero and in times like that it is the job/business that will sustain and raise capital for funding the trading account again.

I won't even advise anyone to rely solely on trading because of the high risk but combine it with other sources of income

[oktana]

Definitely the business. why will someone even want to choose the steady monthly salary? Don’t be deceived by the steadiness of the salary because even if it’s stable, it is equally stagnant; you may never earn more than what you’re being paid but guess what? The owner of the company makes more and more money even if yours is fixed yet stable. Instead of this, start working on your own idea/business. If the people who built these big companies today never took a step forwards, they would have been nothing more than employees who are being paid a steady monthly salary.

[xLays]

Definitely the business. why will someone even want to choose the steady monthly salary? Don’t be deceived by the steadiness of the salary because even if it’s stable, it is equally stagnant; you may never earn more than what you’re being paid but guess what? The owner of the company makes more and more money even if yours is fixed yet stable. Instead of this, start working on your own idea/business. If the people who built these big companies today never took a step forwards, they would have been nothing more than employees who are being paid a steady monthly salary.

It's important to keep in mind that we are all different. For me having a steady monthly income (salary) gives you financial stability by ensuring a reliable stream of money for everyday expenses, saving for the future and dealing with unexpected costs. This brings peace of mind, making it easier to plan for the long term and lessening the impact of financial uncertainties. Unless your business is built to always profit.

[oktana]

Definitely the business. why will someone even want to choose the steady monthly salary? Don’t be deceived by the steadiness of the salary because even if it’s stable, it is equally stagnant; you may never earn more than what you’re being paid but guess what? The owner of the company makes more and more money even if yours is fixed yet stable. Instead of this, start working on your own idea/business. If the people who built these big companies today never took a step forwards, they would have been nothing more than employees who are being paid a steady monthly salary.

It's important to keep in mind that we are all different. For me having a steady monthly income (salary) gives you financial stability by ensuring a reliable stream of money for everyday expenses, saving for the future and dealing with unexpected costs. This brings peace of mind, making it easier to plan for the long term and lessening the impact of financial uncertainties. Unless your business is built to always profit.

Oh yes we are all different but salaries are not actually what you think, or let me say that owning a company gives you all you need. There is no way that a company will not make money and still pay the workers properly. What I’m saying in essence is that if you own a company, you only pay the workers a fraction of what is being made by the company. So, for the worker to make money, the company must have made loads of money (probably why you don’t see the CEO so often ).

And btw, you don’t get rich/wealthy by saving money.

[Fuso.hp]

It is really a very happy news that you are involved in trading along with job and you are earning regular money by trading. There is a lot of need for money in life, before trading you might have met your needs with money from your job but now you don't have to wait for salary anymore but you are able to meet your needs with the amount of money you earn from trading. In this case, the benefit for you is that you can make any other plans while keeping your entire salary intact. It goes without saying that you have a good financial support through trading. If you can do trading consistently and if there is profit consistently, then one time you will see that you can earn several times more monthly income than salary by trading.

[gunhell16]

Obviously, if you don't know anything about trading but you have a stable job in a campaign and you have an interest in learning crypto trading, the right thing to do is learn it first and don't let go or neglect the job you currently have.

But if you are knowledgeable in trading and at the same time have a job, it will be an advantage for you to increase the source of income you have, as OP says in this matter.

[Accardo]

Definitely the business. why will someone even want to choose the steady monthly salary? Don’t be deceived by the steadiness of the salary because even if it’s stable, it is equally stagnant; you may never earn more than what you’re being paid but guess what? The owner of the company makes more and more money even if yours is fixed yet stable. Instead of this, start working on your own idea/business. If the people who built these big companies today never took a step forwards, they would have been nothing more than employees who are being paid a steady monthly salary.

It's important to keep in mind that we are all different. For me having a steady monthly income (salary) gives you financial stability by ensuring a reliable stream of money for everyday expenses, saving for the future and dealing with unexpected costs. This brings peace of mind, making it easier to plan for the long term and lessening the impact of financial uncertainties. Unless your business is built to always profit.

At first Op used his finances made through his stable income to trade in bitcoin. Which yielded him some profits, and his next possible idea was to leave the civil services work. Would he have made it to the trading level, if he didn't earn stable income? Many people have been deceived by such discussions and dropped their good-paying jobs to start a business. Later they'll end up being unemployed and won't earn anything. Moving from living large to not living at all. Hence, everyone should stick to a plan they'll be able to complete from start to finish. And not make decisions because they're being paid lesser in their place of work, compared to earnings from their side hustle. Most times after the funds increase the person's expenses skyrocket too, he'd purchase things he never would have if paid the normal salary, leaving him with no savings. It's all good to have a high income, but the plan must be calculated. The disadvantage of losing one job for another is losing both.

Successful businessmen still undergo losses and can also go bankrupt and rely on loans to survive. Money management is the key to a good living. Provided the employee earns a decent salary like OP said, moving out of the work, isn't worth the stress. Unless the working environment is not conducive, the person is also advised to stay clear or resign, if they've got a side hustle. Factors that affect employees to leave a company may include; bad management, inadequate relationship with staff, low salary, and unstable salary rate. Employees in such a company with one or two of the above disputes can move away and start up a life outside the company or build a business. But, tagging crypto trading as a reason to quit a job, is a red-flagged decision, the person may end up regretting in the nearest months ahead. Practicing crypto trading won't affect Op's working hours in the office. I'd prefer he does the same job and keeps on trading, instead of leaving his job to focus on trading as a profession. Considering the risks, he'll claim to be vast, but it's not worth resigning.

[EarnOnVictor]

-snip-
Which do you prefer an why.

I've never dreamt of being a civil servant like you, this might be a very good job in your country, but not in my country, you might struggle financially till you die unless you are a corrupt worker. For this, and for the fact that I've always dreamed about success, I prefer to either work on my own or find a private sector job that would value me and pay me what I'm truly worth. However, trading and investment are not new to me, so it doesn't freak me as it does people, particularly the people of this crypto era. This might be because I have been engaging in them since my university days. After finishing school, I continued and I have been trading/investing and working at the same time ever since, which I believe is the best approach in this situation.

What I am driving at is that trading/investing should always be viewed as a way to earn passive income not otherwise. You should know that they are risky as well, and even if you know them very well, I will still not advise you to make them your only source of income. And since being a government worker is your passion, why not go for it? Do it while you trade/invest also. After all, you are not missing anything, but you will only be richer than your colleagues, if not your top boss at work.