"He who does not plan for his money... is unknowingly planning for its loss. - Money without direction evaporates."
This ancient wisdom applies remarkably to the world of digital currencies. In this fast-moving environment, it is not enough to own strong coins or invest in promising projects. Without a clear strategy, your investment becomes mere gambling.
The trader who enters the market without a prior plan is like a captain sailing in a storm without a map. They may survive with some luck, but most likely they will sink. The consecutive losses that many face are not just "bad luck", but a direct result of the absence of a capital management plan and a lack of a defined entry and exit point.
Think about it: If you do not set a profit target (Take Profit) and a stop-loss point (Stop Loss) for yourself, you are opening the door to emotional decisions. When the coin rises, you won't know when to sell, and you'll wait for more until it turns against you and starts to drop. And when it falls, you'll cling to it in hopes it will rise again, only to discover later that your portfolio has "evaporated".
In summary: Planning is not a luxury in the crypto market, but a necessary means. Your plan dictates when to buy, when to sell, and how much to risk in each trade. It is your compass that prevents you from getting lost in the sea of volatility and helps you turn random luck into calculated success.