#数字资产动态追踪 Six Years of Blood, Tears, and Trial by Fire: From Dreaming of Sudden Wealth to Achieving Stable Profits

During the 2017 bull market, a seasoned trader heavily invested in ADA watched it soar from $0.03 to $1.2—nearly 40 times profit on paper. At that time, all he could think about was luxury cars and villas, unwilling to sell. What happened next? The market suddenly reversed, and the coin price dropped back to $0.2, instantly destroying months of dreams.

This liquidation taught him a lifelong rule: entering the market relies on luck, but exiting depends on skill. Many can buy, but those who can sell are the real profit-makers.

**Step-by-step Take Profit: Lock in Profits in Segments**

Since then, this trader developed a "Profit Hunter" plan. The core idea is to reduce positions gradually—

When the price rises from $1 to $2, sell 30% first to recover the principal. This step is crucial, as it converts early gains into a secure, tangible capital. If the market pulls back later, the principal is already safely in hand.

When the price reaches a new high again, sell another 30%. At this point, profits are locked in twice, and the remaining 40% can be held with confidence. For this portion, set a trailing stop—if the price retraces 15%, automatically close the position.

What are the benefits of this approach? It no longer focuses on the last fraction of the rally, but instead ensures capturing the main upward move. Many get caught by FOMO near the top and end up with the last needle. He uses this plan to avoid that trap.

**Stop-loss Rules: Survival Comes First**

There’s a harsher reality in trading—risk management is often overlooked. This trader set a strict rule: never lose more than 5% of the principal on a single trade.

For example, if he enters with $10,000, he must cut losses at $500. It sounds strict, but it’s essential for survival. He places stop-loss orders at -10% when entering.

Some might mock this as too conservative or cowardly. But opportunities in crypto are daily, and losing the principal means losing everything. Three consecutive stop-losses total only 1.5% of the principal—this discipline is what keeps him alive.

**Lower Goals, Still Profitable**

Over the years, his mindset has shifted the most. He no longer expects 10x coins or dreams of overnight riches. His simple, straightforward goal: earn a steady 35% annually.

Why do many lose money and get liquidated? It’s because they greedily chase the "last piece of meat." Seeing a good rally, they’re reluctant to sell, thinking it might go higher. Psychologically, this is called "sunk cost fallacy," which often results in market reversals and profit loss.

His current strategy is to only eat the fish’s body, not the head or tail. This seemingly conservative goal-setting has helped him avoid multiple crashes—in the big dip from late 2021 to early 2022, his account lost less than 8%, while many aggressive traders were cut in half.

**Discipline: The Rarest Skill in Crypto**

In the crypto market, the biggest trap is the upward trend that makes people reluctant to sell. That trader was once mocked by friends for strictly following stop-loss rules, called "cowardly." Ironically, the coin he sold out of three months later went to zero.

Six years of crypto experience have proven one thing: losing money may happen temporarily, but survival is a lifelong matter. Risk always outweighs reward.

From dreaming of sudden wealth to rational trading, this transformation isn’t easy. It requires countless stop-loss hits and resisting FOMO repeatedly. But it’s this discipline that makes him one of the few traders who stick around.

Opportunities in crypto are plentiful, but traps are even more numerous. Following the herd is easy; executing your own strategy is hard. The lights are on—now it’s up to you whether you want to walk this path.