I have been trading cryptocurrencies for ten years, and the craziest year was 2017.

At that time, I hit a cryptocurrency called ADA, which rose from $0.03 to $1.2, yielding nearly 40 times returns.

Every day I would wake up and see several more zeros in my account; I even thought about what color to choose for my Porsche—yet I didn't sell.

Later, it fell back to $0.2, with an 80% profit retracement, and the Porsche turned into a second-hand BYD.

At that moment, I fully understood: in the crypto world, those who can buy are disciples, but those who can sell are masters.

The following set of methods is my practical insights gained through real money, suitable for all ordinary people who do not want to monitor the market.

First, let’s talk about taking profits: use “stepped profit-taking” to capitalize on the main upward trend.

My strategy consists of three steps:

1. Recoup costs: When the price doubles, sell 30% first to recover the principal. From then on, operate without pressure, purely using profits for speculation.

2. Lock in profits: When it doubles again, sell another 30%. Most of the profits are safely in hand.

3. Let profits run: Set a “trailing stop” for the remaining 40%, automatically liquidating when it retraces 15% from the highest point.

This method allows you to maximize the gains while not getting thrown off the ride.

Now, let’s discuss stop-loss: use “iron rules” to protect the lifeline.

My bottom line is: a single loss must not exceed 5% of the principal.

For a $10,000 position, a floating loss of $500 must trigger a stop-loss. I’m used to placing a “-10%” conditional stop-loss order immediately after buying, as naturally as buckling a seatbelt.

Don’t be afraid of missing out; there are always opportunities in the crypto world, but if you lose the principal, the game is over.

The most important mindset: actively give up the highest point.

The biggest loss I’ve suffered was always wanting to sell at the peak. Now? I only want the fattest part of the fish, leaving the tail for others.

Lowering profit expectations actually leads to more calmness. With this mindset, I have achieved stable profits this year.

Finally, let me say this honestly: over the past ten years, I have seen too many myths of getting rich quickly, but more people have exhausted their capital on a roller coaster.

Those who can take away profits are always the ones who execute discipline like machines.

I remember one time after I stopped my loss, the price doubled again, and my friend laughed at me for being timid. But I don’t regret it at all—because three months later, that coin went to zero.

In the crypto world, surviving is ten thousand times more important than making quick money.

In the past, I explored alone in the dark; now, the light is in my hands.

This light is called discipline. Will you follow it? #@刘百万 rise up