Do you remember the crazy wave in 2017? Back then, the entire crypto world was dreaming of getting rich quickly, and I couldn't resist either. A mainstream coin skyrocketed from $0.03 to $1.2 in three months, and my account assets nearly multiplied by 40 times.

The first thing I do every morning is check the market, watching the zeros behind the asset numbers grow longer and longer, and my mind is filled with "I can buy a house in the city with cash." But it was this greed that made me reluctant to sell.

And then? A cliff-like decline, dropping back to $0.2 in one go. Eighty percent of the profit disappeared in the blink of an eye, and my dream of buying a house was shattered instantly. That lesson taught me a brutal truth: in the crypto world, knowing how to buy is basic; knowing when to sell is the real skill.

After years of experimenting, I developed an effective profit-taking strategy, especially suitable for those who don't have time to monitor the market 24/7.

The core idea is four words: phased profit-taking. Let the profits continue to run, but don't expose everything to risk.

How to operate? It's straightforward. Suppose a coin rises from $1 to $2, I sell 30% first, basically recoup my principal. This stabilizes my mindset; no matter how the remaining position fluctuates, I won't feel distressed. When it reaches $3, sell another 30%. What about the remaining 40%? Set a trailing stop—if the price drops 15% from the high, sell everything immediately.

What's the brilliance of this method? No one can sell at the highest point, but this approach captures the main upward segments while ensuring that the profits aren't fully lost. Instead of obsessing over the exact peak, it's better to plan each step in advance.