When first entering the market, there’s often a misconception: buy, buy, buy, and then wait for a surge, but the reality is that those who buy are apprentices, and those who sell are masters.

1. Target Profit-Taking Method: Take profits when they are available, don’t be greedy!

Core Logic: Set a profit target in advance, and when it’s reached, sell decisively; don’t always think about "rising a bit more."

Here’s a simple example:

Old Wang bought a certain coin for 10 dollars, setting a target of a 20% increase before selling. When the price rose to 12 dollars, he immediately sold, making 2000 dollars. As a result, the next day the price fell back to 11 dollars, and Old Wang avoided a disaster by "locking in profits."

Target Audience: Novices who are easily greedy and always want to "earn more."

Disadvantages: You might miss subsequent big gains (but it's better than losing money!).

2. Stop-loss line: Withdraw quickly before it hurts!

Core logic: Think in advance about "how much you can afford to lose at most"; if it drops below that, cut losses, and don't fantasize about breaking even.

Here is a simple example:

When buying #ETH, set a 10% stop-loss line. As a result, the market crashed, ETH dropped to -10%, and he immediately sold, only losing 1000 dollars. Meanwhile, his friend held on, ultimately losing 30%.

Operation suggestion:

Short-term investment: Set the stop-loss line at 5%-8%.

Long-term investment: Relax the stop-loss line to 10%-15%.

Reminder: Don't fall in love with coins! A loss is a loss; recognizing mistakes in time is crucial for survival.

3. Trailing stop method: Let profits follow the market trend.

Core logic: When the coin price rises, raise the stop-loss line to lock in profits without fearing a pullback.

Here is a simple example:

Buy #LTC at 20 dollars, initial stop-loss line 18 dollars. When the stock price rises to 25 dollars, he raises the stop-loss line to 23 dollars; when it rises to 30 dollars, he raises it to 27 dollars. Finally, it drops to 27 dollars and sells automatically, preserving most of the profit.

Applicable scenario: A clear upward trend.

Advantages: You won't miss out on big gains while avoiding rollercoaster rides.

4. Gradual closing: Don't put all your eggs in one basket.

Core logic: Don't sell everything at once! Sell in batches to reduce risk.

Using 15000 dollars as capital to buy 300 #ETC at a price of 50 dollars, total cost 15000 dollars. He plans to sell in three batches after it rises to 60 dollars:

Sell 100 at 60 dollars (1/3) → recover 6000 dollars (close to 40% of the principal).

Sell 100 at 65 dollars → recover 6500 dollars (a total of 12500 dollars recovered, close to breaking even).

Hold the remaining 100 long-term.

As a result, the coin price peaked at 70 dollars, and when it finally dropped back to 55 dollars, Xiao Li's remaining 100 coins were worth 5500 dollars. Total profit:

[ 6000 + 6500 + 5500 - 15000 = 3000 dollars (profit 20%)

The closing strategy is very important, directly determining your profit or loss, and most importantly, your mindset.