Trading crypto for 9 years, the craziest one was in 2017.


That market cycle left a deep impression on me. Back then, I bought a low-cost altcoin, and within a few months it jumped dozens of times. Every day I opened my account, watching the numbers keep rising, and I even started fantasizing about upgrading to a new house and a new car in the future. But the final problem was— I didn’t sell.
After the market reversed, the profits slowly got given back. The gains that had felt within reach ultimately shrank down to only a small portion. That time made me fully understand: in trading, the entry point determines whether you can make money, and the exit point determines whether you can take your money away. Later, I summarized a simple take-profit/stop-loss method that fits most ordinary players.
First, take profit in batches.
Don’t fantasize about selling at the very top. For example, after your principal doubles, first take back your principal; if it keeps rising, gradually reduce your position; let the remaining position follow the trend so the profits can keep running. This way, you won’t miss the move, and you won’t ride a roller coaster.
Second, use strict stop-losses.
Before every trade, think in advance about the maximum loss you can accept. When the loss reaches your planned level, leave immediately—no excuses. The market always has opportunities, but if your principal is gone, the opportunity has nothing to do with you.
Third, lower your expectations.
Many people lose money not because they can’t make money, but because they’re too greedy. They always try to eat the whole move, and in the end they usually give all the profits back. A truly mature trader doesn’t chase selling at the top— they only take the portion they’re supposed to take. Over all these years, I’ve seen too many people go from profit to loss because of greed.
If you can control losses and hold on to your profits, then you have the right to wait for the next opportunity.
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ThisIsTranslateContent:Li
· 16h ago
Get on board! 🚗
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GateUser-7919e6b9
· 07-13 17:25
That crazy wave in 2017 was really wild—every friend around me who doubled and didn’t exit at the end ended up kicking themselves so hard they might as well have snapped their own thigh. I’ve been using the tactic of taking profit in batches ever since. I may not have gotten rich overnight, but I also haven’t had to ride any roller coasters again. Protecting your profits matters more than how much you make.
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