I have been trading in cryptocurrencies for 8 years, and the craziest times were in 2017.

At that time, I bet on a cryptocurrency called ADA, starting from my investment of $0.03, and after 3 months it rose to $1.20, with my floating account profit approaching 40 times.

During that time, the first thing I did every morning was check how many zeros were in my account, and I even started thinking about whether I would buy a Porsche - but guess what? I didn't sell.

Later, ADA dropped to $0.20, wiping out 80% of the profit, and the Porsche turned into a used BYD.

This experience made me fully understand: in the world of cryptocurrencies, those who can buy are the trainees, and those who can sell are the masters.

The following set of methods to achieve profit and stop loss is something I gained through real money experience, and it is particularly suitable for ordinary people who do not want to monitor the market.

First, let’s talk about achieving profit.

My current strategy is "gradual profit taking."

For example, when the currency rises from $1 to $2, I will sell 30% of my capital first, so regardless of subsequent ups or downs, I have recovered my costs.

When it rises to $3, I will sell another 30%, and set a trailing profit target for the remaining 40% - when the price falls 15% from its peak, it will be automatically liquidated.