Let me tell you about the most painful yet valuable experience in my cryptocurrency trading career.
After 8 years of trading, the craziest time was in 2017.
At that time, I invested in ADA, starting to buy quietly at 0.03U.
Can you imagine? In three months, it surged to 1.2U.
The account's unrealized gains were nearly 40 times, and the first thing I did every morning was check my balance to see a few more zeros.
During that time, I felt like I was floating; I even checked the address of the Porsche dealership.
But what happened?
I didn’t sell a single coin.
Later, ADA dropped to 0.2U, and I watched as my profits evaporated to just a shell.
It turned out that the Porsche became a second-hand BYD; I couldn’t smile, that really hurt.
On that day, I completely understood: buying is luck, selling is a skill.
Many people think I’m stable now because of good skills.
No, brother, it’s because I’ve lost enough to finally learn my lesson.
Over the years, I’ve summarized a set of methods for taking profits and cutting losses that are ridiculously simple but have been validated by losses, especially suitable for office workers and ordinary people who don’t have time to monitor 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.”
If it doubles, I sell 30% first to get my principal back.
If it triples, I sell another 30% to secure most of the profits.
The rest goes directly to “trailing stop-loss,” for example, if it pulls back 15% from the highest point, I automatically sell everything.
This method isn’t about tricks; it’s just one phrase: those who are not greedy run the fastest.
Now let’s talk about the thing everyone hates facing: cutting losses.
My iron rule: a single loss cannot exceed 5%.
If it’s wrong, get out; the faster you run, the safer you are.
The first thing I do after buying coins is to set up my stop-loss order, like fastening a seatbelt for my account.
You think I won’t regret it? Of course, I do.
Last month, I cut losses on one trade, and then that asset doubled again.
My friends laughed at me: "K, are you that cowardly?"
But three months later, that coin went to zero.
The one who truly laughs last is me.
The cryptocurrency market has never been about who can get rich quickly, but rather 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 back.
It’s not because they can’t analyze, but because they won’t sell, won’t cut losses, and won’t admit they’re wrong.
In this field, the most expensive thing isn’t skill, it’s discipline.
Only those who execute rules like robots can truly take money out of the market.
I used to stumble around in the dark alone; now the light is in my hands.
The light is always on; will you follow? $ETH

