After eight years of ups and downs in the cryptocurrency world, I have a clear anchor point in my memory, which is the ultimate carnival of altcoins in 2017.

That year I focused on ADA, buying in batches starting from three cents.

No one expected that, in just three months, it would surge all the way to a high of $1.20.

The number in my account multiplied nearly forty times.

Every day, the first thing I did upon waking was open the market software, watching the zeros behind my assets increase, and I was even calculating which house to buy with cash in the city.

But I was too greedy and never pressed the sell button.

Soon after, ADA began to plummet, crashing back down to twenty cents.

The unrealized profits disappeared like flowing water, and eighty percent of the profit evaporated in an instant, shattering my dream of buying a house.

This experience taught me a crucial lesson:

In the cryptocurrency world, knowing how to buy is just entry-level; true experts know how to sell.

The profit-taking and stop-loss method I’m about to share is a lesson I bought with real money, especially suitable for ordinary people who don’t have time to watch the market day and night.

Regarding profit-taking, I use the "tiered profit-taking method."

Assuming a coin rises from one dollar to two dollars, I would first sell thirty percent of my position, essentially recovering my principal; regardless of whether it goes up or down from there, my mindset remains stable.

When it continues to rise to three dollars, I would reduce my position by another thirty percent.

For the remaining forty percent, I would set a trailing stop-loss—if the price drops 15% from the highest point, I will automatically sell all of it.

This way, I can capture the main upward wave while ensuring that my profits won’t be completely given back.

As for stop-loss, I have a strict rule:

The loss on a single trade must not exceed 5% of the total principal.

After each purchase, I immediately set a conditional order with a -10% stop-loss line.

It’s like putting an insurance policy on the trade.

Don’t be afraid of missing opportunities because of this; what’s lacking in the cryptocurrency world is market movement.

But once your principal is wiped out, you lose the chance to turn things around completely.

Over the past eight years, I have witnessed too many stories of overnight wealth, but I have also seen many people lose everything in the roller coaster of price fluctuations.

Those who can truly leave with profits are often those who strictly adhere to discipline @龙哥在带单 .