In the cryptocurrency world, myths and ghost stories are just a K-line apart.

The most heartbreaking thing isn't not making money; it's when money has passed through your account and ultimately became someone else's.

In 2019, my roommate A-Zhe, who saved up 20,000 dollars from selling phones in Huaqiangbei, jumped in just as a small bull market started, and within three months his account soared to 300,000 dollars.

During that time, he ordered takeout every day and always added two steaks, flaunting his trading slips in the group, claiming he wanted to save up a million to buy a school district apartment in Shenzhen.

We advised him to withdraw 100,000 for safety, but he threw his phone down: "Think bigger, this is just the beginning?"

As a result, when the bear market hit that year, the altcoins he heavily invested in went to zero, leaving his account with only 12,000, barely able to pay rent. While squatting at the exchange entrance smoking, he didn't even notice his phone screen was shattered.

I once laughed at his greed, only to fall into the same pit myself.

In November 2021, when Bitcoin surged to a historical peak of 68,789 dollars, my Ethereum also rose, and my account peaked at 1.8 million U.

Staring at the numbers, I felt enchanted, thinking that if it went up a bit more, I could buy a car, even leveraging to "accelerate my freedom".

The market never follows the script.

By the time I realized what was happening, the K-line had already smashed down into a big bearish candle, and my account shrank to 400,000 U.

Those days I stared at the ceiling until dawn, my mind filled with "If only I had sold half when Ethereum broke 4,000 dollars", but regret is harder to buy than Bitcoin.

Only after enough pain did I understand: in the crypto world, wins and losses depend on the finish line, not the peak.

I set a strict rule: when my position triples, I withdraw half and exit, even if the market looks like it could still rise.

Just like last month when Ethereum fluctuated around 3,350 dollars, I had just doubled my position and withdrew 60%, setting a stop-loss for the rest, no longer letting numbers control me.

No one can sell at the absolute peak, just as no one can buy at the absolute bottom.

In 2025, with Ethereum fluctuating around 3,200 dollars, I understood even better: those who can actively exit halfway up the mountain and pocket the money are the real winners. @bit冰