In the bloody battlefield of cryptocurrency, after eight years of ups and downs, my most heart-wrenching pain comes from the crazy feast of altcoins in 2017. That year, $ADA , started at $0.03 and soared to $1.20 in just three months, a nearly 40-fold increase. At that moment, the numbers in my account rolled like crazy, and my heart raced accordingly—full-price luxury homes, luxury cars, parents enjoying their old age, financial freedom... all dreams seemed within reach, close at hand!
But it was that fatal greed, whispering like a devil: "Wait a little longer, just a bit more, and everything will be perfect." I did not press the sell button. Soon after, the market cruelly reversed, and ADA plummeted back to $0.20. The once massive floating profit vanished in an instant like a flood breaking a dam, 80% of the profit turned to dust, and the dream of buying a house was completely shattered. This bloody price deeply ingrained in me the lesson: in the crypto world, being able to buy is just a novice; what truly determines whether you can survive with wealth is the courage to leave the stage at the peak!
Taking profits and cutting losses is not a cold technique, but the last line of defense to protect dreams, the iron shield that guards life! How many people watch profits slip through their fingers, still holding onto a glimmer of hope, refusing to let go, ultimately devoured by the bear market and left with nothing. The "Ladder Taking Profit Method" is my redemption forged from tears: when the price doubles, first ruthlessly sell 30% to recoup the principal, at that moment the mindset is relieved; when it rises again, continue to sell 30%, and set a trailing stop loss for the remaining portion—clear everything if it falls back 15% from the high. This way, you can truly lock in the results and no longer watch your wealth turn to bubbles!
Cutting losses is the bottom line of the bottom line: a single loss must not exceed 5% of total capital, set a 10% conditional order upon purchase, and walk away once triggered! This may seem cruel, but it is actually compassionate—it protects your principal and preserves your last hope for a turnaround.
After eight years of ups and downs, I have seen too many people become overnight millionaires, but I have also witnessed countless others lose everything, tears dried and hearts broken. Only those guardians with iron discipline can break through the blood sea with real gold and silver. They are not blinded by greed, nor defeated by fear, but loyal to the rules: sell ruthlessly when it's time to sell, and never be soft-hearted when it's time to stop!
Friends, do not let greed steal your dreams again!
