#美国证券交易委员会推进数字资产监管框架创新 Over the past ten years of trading cryptocurrencies, the most unforgettable moment was the crazy rally of altcoins in 2017. I still remember the trend of $ADA very clearly.

At that time, I identified this project and gradually built my position starting from $0.03. No one could have predicted that in just three months, it would soar to $1.2. The assets in my account multiplied nearly 40 times. During that period, the first thing I did every day was to check the market software, looking at those numbers, with thoughts of houses and cars filling my mind.

But greed kills. I never dared to press the sell button, always thinking to wait a little longer. And what happened? $ADA experienced a sharp plunge, dropping straight back to $0.2. The profits I had made evaporated by 80% in an instant, and those "dreams" were gone for good.

This experience taught me the most important lesson — knowing when to buy is just the passing grade; the real skill lies in how to sell. After more than ten years of ups and downs, I have developed a method suitable for ordinary people who are busy with work and cannot monitor the market constantly.

**About how to take profits**

I use a method called "Layered Progressive Selling." When a coin rises from $1 to $2, I sell one-third of my position. This way, my principal is basically safe, and I won’t be bothered by fluctuations of the remaining position; when it reaches $3, I sell another third; for the remaining 40%, I set a trailing stop — if it retraces 15% from the high, I close all positions immediately. This way, I can capture most of the market gains without letting all the profits slip away.

**About how to cut losses**

This is the bottom line, with no room for negotiation. I limit any single loss to within 5% of my total capital. The moment I buy in, I immediately set a conditional order — if it drops 10%, I cut the position automatically. Many people worry that this might cause them to miss rebounds, but that logic is flawed — the crypto market is full of opportunities, and what truly matters is your principal. Without your capital, there’s no point in talking about making a comeback.

Over these ten-plus years, I’ve seen many stories of meteoric rises, but I’ve also seen even more people lose all their money in the ups and downs. The ones who can finally leave with real money are almost always those who treat discipline as their life. Luck and intuition are unreliable; only rules can accompany you for the long haul.