I know luck is very important for traders in the crypto trading but they need to have the knowledge of trading, so that they will not be depending on luck on the time in the market. Real potential traders know when income is coming when they trade in the market, there will be no fear of lost because they know when and where to take a bold decision to trade to achieve huge income other traders are struggling to get from trading, When you are enjoying from your trading, that is the better life you are living and there will be happiness, confident and boldness in trading, but if you are losing on the time, there is no better life in crypto trading because it will make you give up on trading to look for other things to do that will better your life.
Luck is an important factor in trading but unfortunately, t's something we can't control, so don't pay too much attention to it. Instead, we should focus on what we can control and decide, and which is knowledge.
Having a lot of knowledge and experience cannot guarantee that we can make a profit because sometimes a little luck is needed to help us achieve that. But at least having knowledge will give us a chance to increase our chances of winning or minimize our losses.
Most traders lose money in trading not because they are unlucky but because they lack knowledge. Even if unlucky, if they have enough knowledge, follow strategies and plans like take profit/stop loss, they will not go bankrupt quickly.