$XNY Ten years in the crypto world, I taught myself "how to exit" through a painful loss.

$1000LUNC 2017 In 2017, I experienced an extreme market.

$SKYAI At that time, I heavily invested in ADA, starting to buy in at $0.03, and in three months it surged to $1.2, making my account grow nearly 40 times.

Every day the first thing I did was refresh my account, watching the numbers jump further ahead.

I even started thinking about changing cars – but I made the most common mistake: not selling.

The market reversed faster than I imagined.

ADA dropped from $1.2 all the way back to $0.2, with 80% of my profits evaporating, and the “Porsche plan” turned into a “used BYD reality.”

At that moment, I truly understood a saying:

Those who can buy are apprentices; those who can sell are masters.

1. Take Profit: Use rules to replace emotions

Now I only use one method – laddered take profit.

When the price rises to a certain extent, I first retrieve my cost. For example, from $1 to $2, sell 30%, recovering the principal.

During the next surge, sell another 30% to lock in profits.

For the remaining tokens, I start a trailing stop: when it pulls back 15% from the high, it automatically closes out.

This approach seems “conservative,”

but it maximizes gains during the main upward trend while avoiding giving back all profits.

2. Stop Loss: The simpler the rule, the more it can save you

In all my accounts, there is only one red line:

Single losses are not allowed to exceed 5% of the principal.

With a $10,000 position, if I lose $500, I must cut it.

Immediately after entering, I set a stop-loss order (e.g., -10%).

This isn’t cowardice; it’s the most basic operation for a professional trader.

Opportunities are always there, but the principal is only once.

3. A counterintuitive move: Lower your profit targets

The vast majority of people lose money not because they can’t analyze the market, but because they want to earn “the last dollar.”

Now, I only take the middle parts of the fish, avoiding the head and tail.

With less stretched targets, I have achieved a steady 35% return this year.

4. What truly determines whether you can survive for ten years is discipline

The biggest trap in the crypto world isn’t a crash, but a rise that makes you reluctant to sell.

I was once ridiculed by friends for strictly executing stop losses, but eventually that coin went to zero three months later.

Whether you lose or not is temporary,

but whether you can survive is for a lifetime.

Ten years ago, I was groping in the dark.

Now, I hold a lamp in my hand.

The lamp is on, will you follow? @财经枫哥