Let me tell you the most painful yet valuable thing in my cryptocurrency trading career.
After 8 years of trading, the craziest time was in 2017.
At that time, I quietly started buying ADA at 0.03U.
Can you imagine? In three months, it surged to 1.2U.
My account was nearly 40 times in profit, and the first thing I did every morning was check how many more zeros appeared in my balance.
During those days, I was floating; I even checked the address of the Porsche 4S store.
But what happened?
I didn’t sell a single coin.
Later, ADA dropped to 0.2U, and I watched the profits evaporate down to just a skeleton.
Originally, the Porsche turned into a second-hand BYD, and I couldn’t smile; that really hurt.
That day, I completely understood: buying is luck, selling is skill.
Many people think I’m stable now because I have good skills.
No, brother, it’s because I’ve lost enough and finally learned my lesson.
Over the years, I’ve summarized a ridiculously simple yet blood-tested method for taking profits and cutting losses, which is especially suitable for office workers and ordinary people who don’t have time to watch the market.
Listen up, it really works.
Let’s talk about taking profits first.
I no longer gamble on peaks; I only do "tiered profit-taking".
After a double, I sell 30% first to get my capital back.
When it triples, I sell another 30% to lock in most of the profits.
The rest goes directly to "trailing stop-loss", for example, if it retraces 15% from the highest point, I automatically sell everything.
This method has no tricks; it’s just one sentence: those who aren’t greedy run the fastest.
Now let’s talk about the thing everyone is most unwilling to face: cutting losses.
I have a strict rule: a single trade loss cannot exceed 5%.
If it’s wrong, just run; the faster you run, the safer it is.
The first thing I do after buying a coin is to set a stop-loss order, like buckling a seatbelt for my account.
You think I won’t regret it? Of course I do.
Last month I cut a loss on a trade, and then that thing doubled.
Friends laughed at me: "Mr. K, so timid?"
But three months later, that coin went to zero.
The one who truly laughs last is me.
The crypto world has never been about who can get rich quickly, but who can survive.
To be honest:
Over the years, I’ve seen too many people make six or seven figures, only to lose it all.
Not because they can’t analyze, but because they won’t sell, won’t cut losses, and won’t admit mistakes.
In this business, the most expensive thing isn’t technology; it’s self-discipline.
Only those who execute rules like robots can truly take money out of the market.
I used to stumble alone in the dark; now the light is in my hands.
The light is always on; will you follow? $BNB


