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

At that time, I bet on a cryptocurrency called ADA, starting my investment at $0.03, and after 3 months, it rose to $1.20, with my account's floating profit approaching 40 times.

During this time, the first thing I did every morning was check how many more zeros my account had, and I even started considering whether I should buy a Porsche — but guess what? I didn’t sell it.

Later, ADA dropped to $0.20, with 80% of the profit wiped out, and the Porsche turned into a used BYD.

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

The next set of take-profit and stop-loss methods is something I earned through experience with real money, particularly suited for ordinary people who don’t want to monitor the market.

First, let's talk about take-profit.

My current strategy is "tiered profit."

For example, when a coin goes from $1 to $2, I sell 30% of my capital first, then, no matter the subsequent ups or downs, I have recovered my costs.

When it rises to $3, I sell another 30%, and I set a mobile take-profit for the remaining 40% — when the price pulls back 15% from its peak, it will automatically liquidate.

This method allows you to completely capture the main bullish trend without wasting effort.

Now, let’s talk about stop-loss.

My golden rule is: a single loss should not exceed 5% of the capital.

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

In terms of specific operations, I prefer to use "conditional orders" to set orders in advance: after buying, I immediately place a stop-loss order of -10%, just like buckling my seatbelt $ADA $PEPE