Let me tell you the most painful yet valuable thing in my cryptocurrency trading career

In 8 years of trading, the craziest time was in 2017

At that time, I bet on ADA, quietly buying it at 0.03U

Can you imagine? Three months later, it surged to 1.2U

My account's unrealized profit was nearly 40 times, and the first thing I did every morning was check how many more zeros were added to my balance

During that time, I felt like I was floating, even looked up 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 skeleton

It turned out that the Porsche became a second-hand BYD, and I couldn't laugh; that really hurt

On that day, I completely understood: buying is luck, selling is skill

Many people think I'm stable now because of my skills

No, bro, it's because I've lost enough and finally learned my lesson

Over the years, I've summed up a ridiculously simple, yet blood-tested method for taking profits and cutting losses, especially suitable for office workers and ordinary people who don't have time to watch the market

You guys listen, it really works

I'll start with taking profits

I no longer gamble on the peak; I only do "laddered profit-taking"

If it doubles, I sell 30% first, getting back my principal

If it triples, I sell another 30%, locking in most of the profit

The rest goes directly to "trailing stop-loss," for example, if it pulls back 15% from the highest point, I sell everything automatically

This method has no tricks, just one sentence: the less greedy you are, the faster you run

Now let's talk about the part everyone least wants to face: stop-loss

I have a strict rule: a single loss cannot exceed 5%

If it's wrong, get out; the faster you run, the safer it is

The first thing I do after buying a coin is to set the stop-loss order, like buckling a seatbelt for my account

Do you think I won't regret it? Of course, I will

Last month, I took a stop-loss on a trade, and then that coin doubled again

My friends laughed at me: "Mr. K, are you so cowardly?"

But three months later, that coin went straight to zero

The one who truly laughs last is me

The crypto world has never been about who can get rich quickly, but about who can survive

To be honest:

Over the years, I've seen too many people earn six-figure and seven-figure sums, only to lose it all

It's not because they can't analyze, but because they refuse to sell, refuse to cut losses, and refuse to admit mistakes

In this field, the most expensive thing is not the skills, but self-discipline

Only those who execute rules like robots can truly bring money out of the market

I used to wander alone in the darkness, now the light is in my hands

The light is always on, will you follow? $ETH