Is delta neutral trading profitable?

I'm curious to understand, is delta neutral trading truly a profitable strategy in the world of cryptocurrency and finance? For those unfamiliar, delta neutral trading involves offsetting the risk of price movements by balancing long and short positions in a portfolio. Given the volatile nature of the cryptocurrency market, does this approach actually provide a stable source of returns? Or are there other factors that traders need to consider before embarking on this path? I'm eager to hear your thoughts and insights on the profitability of delta neutral trading in the crypto finance landscape.