In April 2017, my monthly salary was only 6000, yet I invested all 20,000 USD into ADA at 0.03 USD.
In just 3 months, the price surged to 1.2 USD, with my account showing a floating profit of 38 times, 760,000 USD was right in front of me, I even added the WeChat of the Porsche dealership sales — but I just didn’t sell!
In December of the same year, ADA dropped back to 0.2 USD, 80% of the profit evaporated, and the Porsche instantly turned into a second-hand BYD F3.
That time I finally understood: knowing how to buy is for apprentices, knowing how to sell is the real skill!
After reflecting on the pain, I figured out a "lazy ladder method", particularly suitable for those who don't have time to monitor the market, and I'm sharing it for free today.
First trick: tiered profit-taking, eat the fish in three segments.
For example, if the price rises from 1 USD to 2 USD, first sell 30% to recoup the principal;
if it rises to 3 USD, sell another 30% to lock in profits;
leave the remaining 40% with a trailing stop, and it will automatically liquidate if it retraces by 15%.
On June 3rd, $TURBO broke the previous high at 0.0018, I entered at 0.0019, sold 30% at 0.0023 to recover costs, and sold another 30% at 0.0027, leaving the rest with a 15% retracement.
Finally, it triggered profit-taking at the peak of 0.0032, achieving a total return of 48%, and the principal was already secured, allowing me to sleep soundly.
Second trick: hard stop-loss, buckle up for safety in trading.
Iron rule: if a single trade loses 5%, it must be cut, no matter who advises otherwise! With a 10,000 USD position, if the floating loss hits 500 USD, use a conditional order to cut it immediately.
In April this year, after I stopped loss on a certain coin, it surprisingly doubled again, and my friend laughed at my timidity.
But two months later, this coin crashed 70%, he lost all his profits while my account kept hitting new highs — a stop-loss is not a loss, it's preserving capital for the next opportunity.
Third trick: lower expectations, only eat the fish's body, don’t be greedy for the tail.
I lowered my profit target from "doubling" to "earning 20% and then taking it", achieving a steady profit of 35% this year, with a maximum drawdown of less than 6%.
Don’t underestimate 20%, compounding 12 times yields 9 times, much more comfortable than going back and forth on a roller coaster.
After eight years of trading, I’ve seen too many people go to zero overnight.
Those who can truly take profits away are the disciplined ones, like robots.
In the crypto world, staying alive is more important than making quick money.
Go set your conditional orders now, turn off your phone and spend time with your family — the market is always open, but your capital might be gone one day.
Wishing everyone to secure their profits soon, don’t let your Porsche turn into a shared bicycle!
On the path of compounding, I can go fast alone, but a group can go far; welcome to join me. @bit福多多

