At the beginning I want to say that I am a semi-skilled trader. I do not have any source of income. I have been learning trading for the past 13 to 15 months and investing for 5 months. But even though I am temporarily profitable from here, I am completely losing because I cannot control my emotions. This is repeating itself with me again and again. Even yesterday I lost my capital along with my profit.
Then I plan to take a loan from my friend to deposit in trading again. When I asked him for financial help to deposit in trading, he advised me to find a source of income before entering trading again and advised me to refrain from trading recently and introduced me to this forum so that I can gain deep knowledge about trading. He even advised me to gain deep knowledge about Bitcoin investment so that after finding a source of income I can easily invest in Bitcoin. Should I accept such advice? Or should I go back to trading anyway? I am seeking proper advice from experienced people.
I would recommend that you find a reliable source of income.
If you have no source of income, what are you going to be trading with when you need money? It is important to have a source of income! Trading is not a reliable source of income nor should it be seen as such. You need to trade only with what you money you can set aside.
And since you have said you are a semi-skilled trader making losses because of emotional mistakes, that just further puts into contrast that your trading income has a high risk profile, which means you cannot depend on it.