I have been operating with cryptocurrencies for eight years, and my craziest moment was in 2017.

At that time, I bet on a cryptocurrency called ADA, starting with an investment of $0.03. After three months, it had skyrocketed to $1.20, with my floating account nearly 40 times its value.

During that time, the first thing I did every morning was check how many zeros I had in my account. I even started to think about buying a Porsche, but you know what? I didn't sell it.

Later, ADA plummeted to $0.20, wiping out 80% of my gains, and my Porsche turned into a used BYD.

This experience taught me a profound truth: in the world of cryptocurrencies, those who can buy are the beginners, and those who can sell are the masters.

The following set of profit and stop-loss methods is something I have learned through real experience and is especially suitable for ordinary people who do not want to monitor the market.

First, let's talk about profits.

My current strategy is "gradual profit taking".

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

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