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Author Topic: Which do you prefer  (Read 1368 times)
CageMabok
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December 13, 2023, 11:46:48 AM
 #141

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.
Real results can only be achieved with real action through our own lives, meaning that everyone must act well enough after thinking wisely enough before implementing their respective thought patterns. Because basically everyone wants a change in life for the better so that the real income they hope for can be clearly seen in their own lives.

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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.
Encouragement for a good approach usually occurs through the environment and social influences of each of them because everyone definitely has the enthusiasm to change and become better when they see other people who have also succeeded in making changes in their lives so that those who have not yet reached that level will definitely quite enthusiastic and will encourage themselves to be able to do the same thing in order to get the life changes they want by frequently getting involved in any work that can benefit them.

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December 13, 2023, 12:11:16 PM
 #142

As we grow older, we want stability and that's why no doubt that many are going to choose that stable monthly income from whatever you do. But this time, it's no longer that stability that people want but freedom. The era is changing and owning a business may be hectic at the beginning if you are still on establishing part but once it's already established, it will run on its own and having people will make you earn money without the need for you to allot a lot of time then that goes the tenfolds of profits and at the same time freedom to do anything you want anytime.

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December 13, 2023, 12:38:26 PM
 #143

i prefer to do business with income every month and use part of my income to invest in bitcoin, compared to trading and risk my money being lost in the market. because trading has risks and requires my time to analyze the market all the time just for profit, and i personally am not suitable for that. especially in trading, not every time you can get a profit from your trading and that would be risky for me who needs money for my various needs every month.

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December 13, 2023, 01:08:52 PM
 #144

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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 be in crypto related job like in signature campaigns rather than working as a public servant because of the fact that there were possible issues we might encounter just like mine. I am currently a new volunteer law enforcer that is prone to some political issues which affected one of my colleague as he lose his temper everytime critics hit our job. As a volunteer I  only get $50 a month honorarium plus my signature campaign weekly payment. To be honest my overall salary is not enough for me to invest upgrades with my tools and equipment to be used as a volunteer law enforcer.

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December 13, 2023, 01:34:09 PM
 #145

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.

Yes I agree with you, basically everyone has different thoughts. Having a job that generates monthly income, I think usually people like this tend to be more about their daily lives, where the income they get per month is only enough for their daily needs, also if their income is limited they cannot set aside some of their money for savings. For me, limited income is not a reason not to save, because I think there will be things that might happen suddenly and this certainly requires money to handle it. So even though the monthly income that you get is limited, there is nothing wrong with setting aside a little to save because it can be used someday when there are urgent or unexpected things like what I said.
 
But I myself prefer business or business anyway, because it's not just about losses or profits but by running a business or business it also makes me learn many things, where I have more responsibility with what I do personally, whether it's income and expenses, business ideas, marketing or others.

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December 13, 2023, 02:08:39 PM
 #146

Which do you prefer an why.
Crypto trading and civil servants are two things that are very far apart in comparison, for me these two things have no choice, both are life motivation and positive goals to improve our economy well or financially.

For me there is no choice, as long as we can do it and work to produce a good economy there is nothing wrong with both, civil servants have a job and a salary, Crypto trading is done to generate additional economy, so both are done without having to sacrifice each other, in essence I like both of them and for the reason that they are both different activities and generate financial economy.

R


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December 13, 2023, 03:09:13 PM
 #147

-snip-
For me there is no choice, as long as we can do it and work to produce a good economy there is nothing wrong with both, civil servants have a job and a salary, Crypto trading is done to generate additional economy, so both are done without having to sacrifice each other, in essence I like both of them and for the reason that they are both different activities and generate financial economy.
As long as the two can go hand in hand and strengthen each other's economy, there is nothing to get rid of.
Working as a civil servant is the dream of many people in my country, and even they will get many benefits that will guarantee their lives in the future.
To be able to enter as a civil servant is not easy, there will be many selections made.

Then becoming a trader was an option for a side job.
It's not just crypto trading, crypto enthusiasts or those who work to profit from crypto, it can be a lucrative side job.
Both can complement each other and support each other towards the financial foundation.

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December 13, 2023, 03:47:57 PM
 #148

i prefer to do business with income every month and use part of my income to invest in bitcoin, compared to trading and risk my money being lost in the market. because trading has risks and requires my time to analyze the market all the time just for profit, and i personally am not suitable for that. especially in trading, not every time you can get a profit from your trading and that would be risky for me who needs money for my various needs every month.
Having a business where we can use the income to invest will indeed be very good, because we can use the income from the business we run for the investments we make and this will certainly be very good for us in the future. Doing trading is not an easy thing to understand so It would be better to invest if we don't understand trading well because if we don't understand trading well then this will make us lose the money we have in trading.

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December 14, 2023, 05:05:43 AM
 #149

Quote
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 be in crypto related job like in signature campaigns rather than working as a public servant because of the fact that there were possible issues we might encounter just like mine. I am currently a new volunteer law enforcer that is prone to some political issues which affected one of my colleague as he lose his temper everytime critics hit our job. As a volunteer I  only get $50 a month honorarium plus my signature campaign weekly payment. To be honest my overall salary is not enough for me to invest upgrades with my tools and equipment to be used as a volunteer law enforcer.
Well, if the salary or profit you are gaining from Signature Campaign is enough for you to sustain your daily needs and wants and also your investment, if there is, then you are good, or that's good, but the thing is, Signature Campaign is a based project wherein you can only earn if you get to a project, but what if there isn't? See? Even though you are gaining from crypto-related jobs, you still need some stable monthly income. Why? Well, in crypto currency, there's always a risk—the risk of losing money, the risk of making a mistake that will cost you money—so what if you only have crypto-related jobs but suddenly they're gone? Then you don't have other means of earning.

That's why I choose to do both, having a stable monthly income and doing crypto-related jobs like signature campaigns, trading, and holding of assets, so that I have stable income and extra income. Yes, you can earn a lot in trading, more than your monthly salary, but it's possible if you are sure that you are really good at trading or investing in bitcoin. Don't abandon a stable way of earning money because we never know what will happen next.

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December 14, 2023, 06:54:45 AM
 #150

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.

Yes I agree with you, basically everyone has different thoughts. Having a job that generates monthly income, I think usually people like this tend to be more about their daily lives, where the income they get per month is only enough for their daily needs, also if their income is limited they cannot set aside some of their money for savings. For me, limited income is not a reason not to save, because I think there will be things that might happen suddenly and this certainly requires money to handle it. So even though the monthly income that you get is limited, there is nothing wrong with setting aside a little to save because it can be used someday when there are urgent or unexpected things like what I said.
 
But I myself prefer business or business anyway, because it's not just about losses or profits but by running a business or business it also makes me learn many things, where I have more responsibility with what I do personally, whether it's income and expenses, business ideas, marketing or others.
In this age of financial awareness, many struggle with difficult realities. You're right about saving, but "enough" is a luxury for some. Saving can seem like a mirage when the budget barely meets living expenditures. What about debt? It often plays a silent role in financial survival. However, your argument concerning unforeseen bills is correct - life's unpredictability doesn't care about money balance. This leads to your business preference. It's a learning curve and offers autonomy, but isn't it riskier? How many start businesses only to discover reality tougher than expected? Does risk-reward balance seem like a tightrope?

Let's not ignore the sharp differences with regular work. Running a business requires ingenuity, market awareness, and personal resilience. Don't big losses frequently outweigh possible profits? Responsibility is a double-edged sword. It promotes growth, but at what cost? Entrepreneurship's underlying challenges include stress, unpredictability, and balancing personal and professional life. Your entrepreneurial zeal is admirable, but the road less travelled isn't always the scenic route; it may have more obstacles.

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December 14, 2023, 07:02:18 AM
 #151

I think it depends on a certain individual.

Some people prefer sure money, that's why they wanted to have a job, keep it as long as possible if they are contented in their monthly salary or don't wanna leave their job because they are afraid that if they do, they will not find another job. Other people prefer their own source of income which they control their own time and pacing, and their selves are their own bosses, which I prefer.

For me, you're going to be more productive when you manage your own time and decisions to earn money as much as possible, but stress cannot be avoided since it's part of our lives.
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December 14, 2023, 07:11:08 AM
 #152

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 the answer to your question is obvious: you cannot compare a monthly salary with the money you make from trading; trading is based on performance, as you stated, but in the workplace, no one will value your work no matter how much you strive to kill yourself. Instead, it is preferable that you concentrate on trading and make money every day or every week. However, trading is based on your level of expertise rather than just your performance, mate. If you lack this level of expertise, I doubt you will be able to make any more money than you have been making from your monthly payment. Those who trade are very skilled and won't allow anything to happen to their trading fund. You also made the right decision by taking on additional work outside of your job because relying solely on monthly payments is dangerous because it leaves you without anything at all and increases the likelihood that you will run out of money to cover your expenses.

.
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December 14, 2023, 07:27:04 AM
 #153

As we grow older, we want stability and that's why no doubt that many are going to choose that stable monthly income from whatever you do. But this time, it's no longer that stability that people want but freedom. The era is changing and owning a business may be hectic at the beginning if you are still on establishing part but once it's already established, it will run on its own and having people will make you earn money without the need for you to allot a lot of time then that goes the tenfolds of profits and at the same time freedom to do anything you want anytime.

As we grow older we learn a lot and having freedom is one of them. It is not easy though since there will be a lot of trials to happen. But first things first, we need to have enough savings to start a business and another fund allocated in case our business won't work especially in the first few months of operation.

As for OP's case, she seems to have learned a lot of trading skills that enabled her to gain profits even if the market is not doing well. Pretty sure it's a tough way of earning money at least for most people like me. I also tried it before because I thought I could live a life through trading. 

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December 15, 2023, 01:11:54 PM
 #154

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.

Yes I agree with you, basically everyone has different thoughts. Having a job that generates monthly income, I think usually people like this tend to be more about their daily lives, where the income they get per month is only enough for their daily needs, also if their income is limited they cannot set aside some of their money for savings. For me, limited income is not a reason not to save, because I think there will be things that might happen suddenly and this certainly requires money to handle it. So even though the monthly income that you get is limited, there is nothing wrong with setting aside a little to save because it can be used someday when there are urgent or unexpected things like what I said.
 
But I myself prefer business or business anyway, because it's not just about losses or profits but by running a business or business it also makes me learn many things, where I have more responsibility with what I do personally, whether it's income and expenses, business ideas, marketing or others.
In this age of financial awareness, many struggle with difficult realities. You're right about saving, but "enough" is a luxury for some. Saving can seem like a mirage when the budget barely meets living expenditures. What about debt? It often plays a silent role in financial survival. However, your argument concerning unforeseen bills is correct - life's unpredictability doesn't care about money balance. This leads to your business preference. It's a learning curve and offers autonomy, but isn't it riskier? How many start businesses only to discover reality tougher than expected? Does risk-reward balance seem like a tightrope?

Let's not ignore the sharp differences with regular work. Running a business requires ingenuity, market awareness, and personal resilience. Don't big losses frequently outweigh possible profits? Responsibility is a double-edged sword. It promotes growth, but at what cost? Entrepreneurship's underlying challenges include stress, unpredictability, and balancing personal and professional life. Your entrepreneurial zeal is admirable, but the road less travelled isn't always the scenic route; it may have more obstacles.

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.

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December 15, 2023, 01:27:42 PM
 #155

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.
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.

R


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December 15, 2023, 02:41:15 PM
 #156

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 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.

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December 15, 2023, 02:49:05 PM
 #157

As we grow older, we want stability and that's why no doubt that many are going to choose that stable monthly income from whatever you do. But this time, it's no longer that stability that people want but freedom. The era is changing and owning a business may be hectic at the beginning if you are still on establishing part but once it's already established, it will run on its own and having people will make you earn money without the need for you to allot a lot of time then that goes the tenfolds of profits and at the same time freedom to do anything you want anytime.

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.

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December 15, 2023, 04:24:47 PM
 #158

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.

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?
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December 15, 2023, 05:01:32 PM
 #159

As we grow older, we want stability and that's why no doubt that many are going to choose that stable monthly income from whatever you do. But this time, it's no longer that stability that people want but freedom. The era is changing and owning a business may be hectic at the beginning if you are still on establishing part but once it's already established, it will run on its own and having people will make you earn money without the need for you to allot a lot of time then that goes the tenfolds of profits and at the same time freedom to do anything you want anytime.

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.

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.

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December 15, 2023, 08:05:54 PM
 #160

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.

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