$ADA
🚨 Ten years ago, I learned the most expensive lesson at ADA: Buying makes you a novice, selling makes you a master.
That year, I heavily invested in a coin called ADA, with an entry price of $0.03.
Three months later, it rose to $1.20, and my account was nearly up 40 times.
During that time, the first thing I did every morning was check my phone to see how many more zeros my account had, even starting to fantasize about whether I could buy a Porsche.
What was the result?
I didn't sell.
Later, ADA dropped from $1.20 to $0.20,
80% of the profit evaporated, and the Porsche instantly turned into a second-hand BYD.
At that moment, I completely understood:
In the crypto world, those who can buy are novices, and those who can sell are masters.
🔥 The following profit-taking and stop-loss methods were earned with real money, and are very suitable for ordinary people who don't want to monitor the market.
① First, let's talk about profit-taking—now I only use the "laddered profit-taking" method.
For example:
When a coin rises from $1 to $2,
I will first sell 30% of the principal, so that both rises and falls do not affect my return on investment.
When it rises to $3, I will sell another 30%.
The remaining 40% I will set a "trailing stop-loss":
When the price falls back 15% from the highest point, it will automatically sell.
This method allows you to fully enjoy the main upward trend, without much effort, and it's not easy to fail.
② Now let's talk about stop-loss—my iron rule is only one:
👉 Single loss must not exceed 5% of the principal.
For example, if I invest $10,000,
when the unrealized loss reaches $500, I must stop-loss.
I prefer to use "conditional orders":
Immediately set a -10% stop-loss after buying,
just like buckling a seatbelt for trading.
Don't be afraid of missing opportunities, the crypto world is always full of opportunities,
but if the principal is gone, it's really gone.
③ Recently, I discovered a "counterintuitive" technique: Lowering target profits.
Many people want to sell at the highest point, thus missing the best timing.
Now I only take the "body of the fish", leaving the tail for others.
The result?
This year, I've actually earned a steady 35% using this method.
④ To be honest
Over the past ten years, I've seen too many people get rich overnight,
and I've seen even more people exhaust their principal in rollercoaster markets.
Those who can truly make money are always those who execute discipline like robots.
I once watched the price of a coin double after I stopped-loss, and my friends laughed at me for being cowardly.
But I have no regrets at all—
because three months later, that coin went straight to zero.