Does Good Luck Play a Role In Crypto?

[$crypto$]

50% yes in my opinion, in crypto relying on luck when investing in new coins or memes, because if we have done research and it turns out it doesn't match our future thoughts it is very painful

In fact, in my opinion, if it is a meme coin, then luck plays a big role in giving us profits and if you say you only rely on 50% luck, then maybe I would say 80% of it is luck if we invest in meme coins and are successful in making a profit.

Meme coins are very difficult to analyze, because they usually only rely on hype to make their prices skyrocket, and we know there are many meme coins and it is difficult to determine which ones will be good.

[JoyMarsha]

Well, that depends on how we perceive our luck in crypto to be. For someone who entered the crypto market when the market was bearish or invested in a potential coin at its early stage and it turned out to be profitable for them, can we term them to be having good luck in crypto investment when we know that they made the right timing of investing in crypto when the market is bearish, and they are hodling their crypto coins till bull run takes effect.

In my given explanations above, we know that good luck doesn't play a role in crypto investment because what we need is the right timing of when to enter the crypto market and when to exit from it

Putting this into action would help one to know when the right time to enter the crypto market for profits.