In 2017, the frenzy of altcoins in the crypto world was like a high fever, and the most burning imprint in my memory is ADA — the "teacher" that brought me back from the "dream of buying a house" to reality.
That year, I gritted my teeth and bought ADA in batches at $0.03, and no one expected that in just three months, it would soar like a rocket to $1.2! My account balance multiplied nearly 40 times, and every day I opened my eyes to check the market software, watching the tail of my assets grow with that string of zeros. I even mentally listed the layouts for "fully paying for a house."
Greed ruined everything. I couldn't bring myself to hit the sell button, and as a result, ADA plummeted dramatically, crashing back to $0.2. The unrealized profits slipped through my fingers like sand, with 80% of the profits evaporating in the blink of an eye, and the dream of buying a house shattered completely — that string of numbers was ultimately just an illusion on the screen.
This painful lesson taught me: in the crypto world, knowing how to buy is just an entry ticket; knowing how to sell is the real skill. After six years of ups and downs, I exchanged real money for a "lazy profit-taking and loss-cutting method," specifically designed for ordinary people who don’t have time to monitor the market:
Profit-taking: stair-step retreat, "welding" profits into your pocket
Don’t think about "selling at the highest point"; that’s something only the gods can do. I use the "stair-step profit-taking method" to lock in the fruits of victory:
* Suppose the coin price rises from $1 to $2, sell 30% first — this step recovers the principal directly, and the rest is all "free profit," no need to panic about price fluctuations;
* When it rises to $3, reduce another 30% — at this point, most of the profit is already in hand, and my mindset is completely stable;
Loss-cutting: 5% ironclad rule, putting a "life lock" on the principal
The crypto world is full of opportunities, but lacks the capital to "survive and turn around." I set a strict rule for myself: a single loss must not exceed 5% of the total principal.
After each purchase, I immediately place a "-10% stop-loss conditional order" — equivalent to insuring the trade: if it drops by 10%, it automatically cuts the position, and if I lose 5%, I accept the loss and exit. Don’t feel bad about "earning less"; if the principal is gone, you won’t even have the right to sit at the table.
In six years, I have seen too many people chasing highs and killing lows, going bankrupt to zero, and I have also seen a few "tough characters" — they may not have bought in the earliest, but they always manage to leave with profits. What’s the difference? Discipline. Taking profits without greed, cutting losses without delay, that is the confidence to navigate through bull and bear markets.
Big Yan doesn’t deal in illusions; only speaks of the methods forged with real money. When the next wave of opportunities arises, may you also be a "smart seller" who steadily pockets the profits! 🔥
