Focus on knowledge, build up belief, then investment plan, success will come.

[Jamal Aezaz]

When many people immediately invest without studying first, that is the wrong step. We should first study the coins we choose for investment, so that the money you use for investment remains safe and will not be lost. Patience is indeed an important key to achieving success in the investments we make.

Actually people don't study because they think that if they spend their time studying about the market and the coin then they will miss the opportunity to invest but with these mistakes they often don't lose their chances but they lose money. If we learn well then we will choose a better coin because research guides us to avoid scam projects and invest in top coins.

We should not rush towards success because those decisions which are made quickly prove to be wrong most of the time. Selection and patience both perform their roles in your success but you have to perform your role first by getting Knowledge

[Faisal2202]

People say Bitcoin is too volatile but see the chart, and discover that Gold gets a correction about 40% and it needs about 10 years to have another bull run.

I did not know before that a bull run takes 10 years to come for Gold, that's a lot of time, but still, people prefer it. I can't agree more with you on the fact that there is less luck and more knowledge, but OP I was once a newbie, everybody was, and I have read many confessions from newbies that, they said, they get lucky with their BTC investments. Some say, their relatives or friends near them ask them to buy BTC, and at the time they bought they did not have any knowledge but were still able to make a profit.

Just because those who invested in the bear market, are in profit right now, and those who bought near $73k are in loss right now. The time of buying the assets is the most important thing, and that knowledge comes with proper time spent in the market.