Sisters often ask me: Is making money in the cryptocurrency world really all about luck? Every time I'm asked this question, I want to first ask back: When luck really comes your way, are you ready to catch it and wait for it?

Making money in cryptocurrency: Beyond luck

Many people only see others making a fortune from seizing market opportunities and think that the other party is 'lucky', but they overlook two key factors behind it—trading strategy and capital management.

Let's talk about trading strategy first. The cryptocurrency market is highly volatile; sometimes a sudden positive news can cause a cryptocurrency to surge in the short term. However, if there is no clear strategy, even if you encounter this 'good luck', you may either exit early without setting a take-profit, running away with a small profit, or fail to set a stop-loss, giving back profits when the market corrects, or even getting trapped. Those who can truly profit from luck have already solidified their strategies: knowing when to enter the market, how to judge trends, and how much position to hold to cope with volatility. In simple terms, a good strategy is not meant to 'predict luck', but to 'capitalize on luck'—when the opportunity truly arises, you can seize it steadily, rather than fumbling and missing out.

Now let's talk about capital management. The cryptocurrency world is not short of short-term small opportunities, but what can really allow people to make money are often the 'big opportunities' that require patience to wait for. Many people can't help but frequently trade; their capital either gets consumed in chasing highs and cutting losses, or they exit directly due to a major mistake in position, never getting to see the true big market. Reliable capital management involves dividing capital into reasonable positions, allowing for small position trials while keeping enough principal to withstand volatility. It’s like tending to an orchard, knowing which are the immature small fruits that shouldn’t be rushed to pick, patiently waiting for the large fruits on the tree to ripen—capital management gives you the confidence to wait for that wave of 'big luck' that can change your earnings.

Therefore, in the cryptocurrency world, luck is never an 'unexpected windfall'. First, get your strategies and capital management right, so when luck arrives, you can catch it and wait for it; otherwise, no matter how big the opportunity, it will only turn into a regret of passing by.

Sister Bing does not boast or paint illusions, only sharing with you practical experiences to survive in the circle. The team still has positions available, whether you follow or not is up to you? #加密市场观察 #ETH走势分析