There was a great deal of success in the Crypto market.

[Dr.Bitcoin_Strange]

I agree with you luck always plays an important role but we should have knowledge, experience and expertise in investing in crypto. We don't always have to rely on luck, because luck will not always come into our lives. but if we have good skills and experience, can make analysis before deciding to buy coins, that is the best way to get profit. I am not a person who always relies on luck because I think more rationally in investing based on experience.

I couldn’t agree now with you on this.
While it’s true that luck plays an important role when making investment, It’ll be a really flawed approach to make luck the primary reliance when making decisions that concerns your investment because to be successful in your investment, you’ll need more than just luck. It’s very important and crucial for an investor to also do his due diligence by conducting extensive research and investigations concerning the nature and dynamics of the investment before even entering, this way you’ll be able to gather enough information and knowledge about the investment in order to help you make better investment decisions. You’ll also need the experience as well as the expertise because these are the qualities that’ll help an investor become successful in his investment.

It’s also very important to stay updated on latest trends and news, because these are the best and most reliable ways you can can gain information and also know when and how to make certain changes and alterations in your investment when/if needed.

[dekafee79]

This incredible success comes from trading an #Ethereum meme coin called $MBAPPE, which proves that sometimes, buying meme coins can pay off big.  After getting such amazing success one can advance financially in future.. If we do something like that then we will benefit.

That is just one lucky individual, in my opinion, and it's still not something encouraging to any newbie in cryptocurrency to buy blindly and invest in any new cryptocurrency, be it a meme coin or token, without proper research. You may never be that lucky and may invest in a scam project where your money will be stolen, and it becomes discouraging for you as a newbie who is just starting to pick an interest in cryptocurrency and investing in it.

In buying tokens or coins, we should do research first, don't blindly buy coins that we don't understand. and as you said, maybe newbies have been lucky but not necessarily will be lucky again with that method. Because becoming a crypto trader or investor requires knowledge and experience.

[luckyledger]

In buying tokens or coins, we should do research first, don't blindly buy coins that we don't understand. and as you said, maybe newbies have been lucky but not necessarily will be lucky again with that method. Because becoming a crypto trader or investor requires knowledge and experience.

You do speak the truth. Mistakes will be probably made, and it's okay.
It's great when a person learns from his past and becomes better, or better yet - learns from the mistakes of others first.
Your determination and passion dictate how you will do in the crypto space. And the first thing you should be passionate about is knowledge, in my opinion.