Since the retracement of Bitcoin, the market has become boring. Sometimes, the direction of Bitcoin is unclear. For example, the price action of Bitcoin is actually confusing. I have learned one thing in these recent days: As a crypto trader, do not rely on trading as your only source of income. It is good to have another source of income like real estate, staking, crypto jobs, mining, and other legitimate sources of income. If I say that I will force trade now, it can end up in a loss.
What is your take on this?
It's never going to be a wrong idea to have multiple sources of income lol. Income is the source and the start of generating more after all (via investments, etc). It helps in bootstarting your portfolio, being able to increase the general amount of profits you have by investing more and stuff like that. Two early investors would still have a difference in profits even if they're both early so that speaks volumes itself imo.
Would definitely not rely on trading/market as your sole source though. Full time trading exists I guess, but it's not like there's an opportune moment to trade 24/7, it always takes time. Not to mention with the existence of bots, you can pretty much set up buy/sell orders once your predicted price point is achieved.