Recently, a fren asked: "How does one make money in the crypto world? Is it just about luck?"

I thought about it and said: Luck is indeed important, but what matters more is—do you have the ability to seize it.

I've seen too many people get overly excited when the market is up, only to either exit early and miss the latter half or can't bear the pullback and end up getting liquidated. The ones who really make money have a very simple approach.

**First, let's talk about strategy**

Many people think that making money is just about guessing the right direction. That's wrong.
Having the right direction is useless; you need to know when to enter, how much to enter, and when to exit.

When there is no plan, I don't know whether to leave when the price rises, and I don't know whether to buy more when it falls.
Planned people are different - they have already set their profit-taking levels, stop-loss lines, and position allocation ratios.

When the market is good, steadily take profits; when the market is bad, protect your principal.
Don't be afraid of missing opportunities, nor afraid of market adjustments, because every step is within the expected range.

**Fund Management Again**

The hardest part of the crypto world isn't losing money, but rather when opportunities arise and you have no bullets.

I've seen many people double down after making a profit, only to have a big bearish candle wipe them out completely.
A smart approach is to split the money into several parts: one part for stable foundation, one part for experimenting with new opportunities, and another part specifically for waiting for major market movements.

Last year I met a fren, and with a small position, I gradually followed the bull market, and in the end, I made ten times and still held it until the end of the year.
Others say he is lucky.
But I know - he just has a bit more patience than most people and a bit less impulsiveness.

The market will always come, and opportunities will always be there.
What you need to do is not pray for good luck every day, but to practice the basics in advance.
When that real opportunity comes crashing down, you can catch it steadily, rather than watching it slip away once again.