Post
Topic
Board Trading Discussion
Re: Can Bitcoin trading be my sole source of income?
by
arwin100
on 26/06/2023, 22:23:16 UTC
Yes I agree with you. I used to spend my own money and family expenses by trading but sometimes I had to face many problems. Because trading is not always profitable, sometimes I lose from trading and then I have to face problems.  I am working now and earning income from trading. From my job, I get fixed salary every month and if I earn money from trading, then I can live happily. Besides trading, we have to do some other work.
Trading from an amateur or professional standpoint is not a guaranteed profit every month but the salary is and hence I never recommend trading as the first line of money making but a stable job to give you mental peace while you take the risky moves with trading. You might get sudden profits or losses on trading and the stable income or the job will cushion those losses.


Hard to be on situation where we can't earn anything when we are bearish on our trade so I bet much better for us not to focus only with trading since there would be a chance that we could lose everything in bad market movements. Much better to have stable job which is recommended by many since it can give us proper security. Maybe best to add up trading as alternative source of income and try to add other more since this could make our life better if we have multiple income stream.