Now converting RMB to U, is it really profitable to exchange back at 7.5 and get a 10% fund profit for free?

I have been trading cryptocurrencies for 8 years, and the craziest time was in 2017.

At that time, I hit a cryptocurrency called ADA, starting my position at $0.03, and three months later it surged to $1.2, with my account floating profit nearing 40 times.

During that period, the first thing I did every morning was check how many more zeros were added to my account, and I even started calculating whether I should buy a Porsche – but guess what? I didn't sell.

Later, ADA plummeted back to $0.2, and I lost 80% of my profit, turning my Porsche into a second-hand Alto.

This experience made me fully understand: in the crypto world, those who can buy are apprentices, while those who can sell are masters.

The following profit-taking and stop-loss method is practical insights I gained with real money, particularly suitable for ordinary people who don't want to stare at the market.

First, let's talk about profit-taking.

My current strategy is "ladder profit-taking."

For example, if a coin rises from $1 to $2, I will first sell 30% of the principal, so regardless of future ups and downs, I have recovered my costs.

When it rises to $3, I will sell another 30%, and set a trailing stop for the remaining 40%—automatically liquidating when the price retraces 15% from the peak.

This method allows me to fully capitalize on the main upward trend without wasting effort.

Now, let's talk about stop-loss.

My iron rule is: a single loss must not exceed 5% of the principal.

For instance, if I invest $10,000, I must stop loss when the floating loss reaches $500.

In practice, I like to use "conditional orders" to set up orders in advance: after buying, I immediately set a stop-loss order at -10%, just like buckling a seatbelt for trading.

Don't worry about missing out; there are always opportunities in the crypto world, but if the principal is gone, it’s really gone.

Recently, I discovered an anti-human nature technique: lowering profit targets.

Many people always want to sell at the highest point, but often miss the best timing.

Now, as long as I can catch the body of the fish, I am satisfied, leaving the tail for others—this has instead allowed me to achieve a stable profit of 35% this year.

To be honest: in the past decade, I have seen too many stories of overnight wealth, but more people have exhausted their capital by repeatedly riding a roller coaster.

Those who can truly take away profits are always those who execute discipline like robots.

I remember once after I stopped loss, the coin price doubled again, and my friend laughed at me for being timid, but I have no regrets—because three months later, that coin went to zero.

Staying alive in the crypto world is far more important than making quick money.

Before, I stumbled around in the dark alone, but now the light is in the hands of the scalper.

The light is always on; will you follow?