According to Eric Balchunas, successful trading often comes from embracing patience and consistent investment strategies, rather than chasing excitement or frequent trades. Balchunas notes that this approach, often favored by long-term investors like those at Vanguard, can lead to superior risk-adjusted returns over time. This insight is particularly relevant for cryptocurrency traders, where market volatility tempts many into overtrading, potentially reducing overall gains. Balchunas emphasizes that disciplined, boring investing can produce significant trading alpha, offering a key lesson for both traditional and crypto markets (source: Eric Balchunas).