In my first few years in the circle, I also made a hefty profit.

$ETH One time I heavily invested in an altcoin, cost a few cents, and it soared to over one dollar, giving me dozens of times floating profit.
During that time, I was on cloud nine, planning to change houses, achieve freedom, and retire early, feeling that the future was set.
The problem also emerged then: I always felt it could rise a bit more.
So as it kept rising, I didn't sell; during pullbacks, I comforted myself that it was a shakeout and to wait.
When the trend reversed without any warning, profits gradually evaporated, eventually turning from floating profit to floating loss, and I even lost most of my principal.
At that moment, I understood: in the crypto circle, knowing how to buy is just the beginning; knowing how to sell is what keeps you alive.
Later, I kept only two things in trading: take-profit and stop-loss.
For take-profit, I insist on selling in batches. If the cost is $1 and it goes to $2, sell a portion first to recover the principal.
When it further rises to $3, continue reducing positions to lower risk.
Finally, only keep a bottom position to follow the trend; once it pulls back 15-20% from the high, exit immediately.
The key is not to sell at the highest point, but to ensure profits have been pocketed and not be held hostage by emotions.
Stop-loss is simpler.
Before entering each trade, set the maximum loss, generally within 5% of total capital, with stop-loss set 8-10% below cost.
When triggered, execute immediately, no adding positions, no illusions, just leave.
Because the most expensive thing in the market is not making a mistake once, but not admitting you were wrong.
The biggest takeaway after thirteen years is: many people are not unable to make money, but they have made money yet can't keep it.
Those who truly survive long-term never rely on predicting the market, but on rules.
Only by safely taking profits away can you truly say you've made money.
As the saying goes: A lone sail won't go far, a single tree can't make a forest. If you reach out, I'll pull you ashore!
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