What are the disadvantages of freelancing?

As a newbie, I want to know the disadvantages of freelancing. Thanks :slight_smile:

There are a lot of advantages and disadvantages for Freelancing like any other fields. Here are some of them that come to my mind.

  • Lack of job security
  • You can easily get cheated
  • Less payment when compared to the industry standard because of the competition
  • You may have to work round the clock to beat the competition and get the projects done
  • You will be working for different payments for the same amount of effort