#以太坊行情解读 After eight years of struggling in the crypto world, I have witnessed many magnificent market fluctuations and experienced quite a few moments of losing control over my mindset. The most profound memory is still anchored in that madness of 2017.
At that time, altcoins were performing miracles one after another, and $ADA was one of them. I started accumulating at $0.03 in batches, and within three months it soared to $1.2—my account balance directly multiplied by 40 times. The first thing I did every day was check the market, watching my asset value grow larger and larger, and I even started planning how to use this money to invest in real estate.
So what? I didn't take action.
ADA subsequently entered a cliff-like decline, plummeting back to $0.2. The unrealized profits evaporated in an instant, and the once 40-fold returns dwindled to less than 5 times. The dream of buying a house also vanished into thin air. That lesson was heavier than anything else.
**In the crypto world, there are many who can buy, but very few actually make money. The difference comes down to one word: sell.**
The profit-taking and stop-loss system I have summarized over the years has been gained through real money. It is especially practical for retail investors who cannot monitor the market all day.
Assuming a coin rises from $1 to $2, I will first sell 30% of my holdings. This step is crucial – the principal is basically recovered, and my mindset becomes instantly relaxed; the remaining fluctuations are not so anxiety-inducing. I will continue to wait until it reaches $3, then reduce my holdings by another 30%. For the final 40%, I will manage it with a trailing stop loss, automatically clearing everything if the price falls back 15% from the peak. This way, I won't miss the main upward trend while also firmly locking in profits.
There is one iron rule that I never violate: **the maximum limit of a single loss is set at 5% of the total principal.**
Every time I open a position, I immediately place a conditional order with a stop-loss line at -10%, without exception. Treat it as insurance for trading. Don't be afraid of missing out on some small market movements—there are plenty of opportunities in the crypto world, but if you lose all your principal, you'll completely lose the chance to recover.
Over the past eight years, I have seen too many cases of overnight wealth, only to turn around and see them all exit during the roller coaster of ups and downs. In the end, those who can exit with profits are almost always the ones who execute their discipline the strictest. It's not that their coins are chosen particularly well, but rather that their respect for risk is deep enough.
The market is right there; the key is whether you can live long enough to wait for your own wave of opportunity.
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GreenCandleCollector
· 12-23 08:16
You're absolutely right, without discipline there is no future. I also fell into a trap in 2017, but not as badly as he did, haha.
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BlockchainArchaeologist
· 12-23 08:07
To be honest, not selling during that 40x wave was truly a killer move, and I've done that before.
Not taking action, those two words, must hurt a lot. The crypto world is like this; greed is often the most deadly.
This take profit and stop loss system is indeed worth learning; it's much more reliable than blindly holding.
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GoldDiggerDuck
· 12-23 08:06
It's really true, if you don't sell, it's all in vain. I feel this deeply.
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Holding on from 40 times to just 5 times is really something else, this is the fate of retail investors.
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I'm also struggling with the iron rule of a 5% stop loss; once the principal is gone, the game is over.
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I was also in it during that wave in 2017; greed killed me, and I'm still regretting it now.
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To put it bluntly, it's a mindset issue; most people can't withstand the fluctuations.
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The wave of ADA was truly a classic case; how many people have fallen into this pit?
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Moving to take profit sounds good, but I'm afraid of being soft-hearted when it comes to execution.
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Only by living long can one wait for opportunities; this sentence hits hard.
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ILCollector
· 12-23 07:53
Well said, it's all about dying from greed. I was the same at that time; I should have run at 40x, but I insisted on waiting for 50x.
The ability to avoid a Rug Pull is a hundred times more important than the ability to pick a coin.
I was also in that wave of ADA, and I still remember that feeling of despair; it’s simply indescribable.
The key is that knowing is easy, but doing is hard. Everyone can talk about take profit, but when it actually reaches 2x or 3x, the mindset collapses.
Discipline is something that has to be earned with real money.
#以太坊行情解读 After eight years of struggling in the crypto world, I have witnessed many magnificent market fluctuations and experienced quite a few moments of losing control over my mindset. The most profound memory is still anchored in that madness of 2017.
At that time, altcoins were performing miracles one after another, and $ADA was one of them. I started accumulating at $0.03 in batches, and within three months it soared to $1.2—my account balance directly multiplied by 40 times. The first thing I did every day was check the market, watching my asset value grow larger and larger, and I even started planning how to use this money to invest in real estate.
So what? I didn't take action.
ADA subsequently entered a cliff-like decline, plummeting back to $0.2. The unrealized profits evaporated in an instant, and the once 40-fold returns dwindled to less than 5 times. The dream of buying a house also vanished into thin air. That lesson was heavier than anything else.
**In the crypto world, there are many who can buy, but very few actually make money. The difference comes down to one word: sell.**
The profit-taking and stop-loss system I have summarized over the years has been gained through real money. It is especially practical for retail investors who cannot monitor the market all day.
Assuming a coin rises from $1 to $2, I will first sell 30% of my holdings. This step is crucial – the principal is basically recovered, and my mindset becomes instantly relaxed; the remaining fluctuations are not so anxiety-inducing. I will continue to wait until it reaches $3, then reduce my holdings by another 30%. For the final 40%, I will manage it with a trailing stop loss, automatically clearing everything if the price falls back 15% from the peak. This way, I won't miss the main upward trend while also firmly locking in profits.
There is one iron rule that I never violate: **the maximum limit of a single loss is set at 5% of the total principal.**
Every time I open a position, I immediately place a conditional order with a stop-loss line at -10%, without exception. Treat it as insurance for trading. Don't be afraid of missing out on some small market movements—there are plenty of opportunities in the crypto world, but if you lose all your principal, you'll completely lose the chance to recover.
Over the past eight years, I have seen too many cases of overnight wealth, only to turn around and see them all exit during the roller coaster of ups and downs. In the end, those who can exit with profits are almost always the ones who execute their discipline the strictest. It's not that their coins are chosen particularly well, but rather that their respect for risk is deep enough.
The market is right there; the key is whether you can live long enough to wait for your own wave of opportunity.