#加密生态动态追踪 8 Years of Crypto Market Ups and Downs: From 40x Account Growth to Dreams Shattered — The Trading Truth I Learned
I will never forget the frenzy of 2017. $ADA started at $0.03, and I built my position in batches. Unexpectedly, within three months, it surged to $1.2, and my account nearly multiplied by 40 times. During that time, the first thing I did upon waking was to check the market, watch the numbers grow, and even start thinking about how to pay in full for a house.
Then everything reversed.
ADA started to fall, the price dropped back to $0.2, and I watched my unrealized gains evaporate—80% of my profit disappeared within a week. It was not just about losing money; it was a mental breakdown — watching what I had worked for fly away right in front of my eyes.
This lesson hit me hard: in the crypto market, there are too many people buying, but the real experts making money are actually focused on one thing — when to sell. Buying is easy; selling is the real skill.
**Partial Take Profits to Fight Greed**
Suppose a coin rises from $1 to $2. My approach is: first cut 30% of the position, directly recover the principal, and the remaining part is pure profit, which makes my mindset relaxed. Whether it goes up or down afterward, I feel no pressure.
If it rises to $3, then reduce another 30%.
Finally, the remaining 40% is set with a trailing stop — if the price drops 15% from the high, automatically sell everything. This way, I can ride the main wave and avoid being caught by greed.
**Stop-Loss Is the Lifeline of Trading**
I have a bottom line I never cross: any loss on a trade should never exceed 5% of the principal. Placing a -10% stop-loss order at entry is like buying insurance for the trade.
Many beginners fear stop-losses, thinking they might miss rebounds. But in reality, opportunities in the crypto market are never lacking; the next surge is always waiting ahead. What is truly scarce is the principal. Once the principal is lost, no matter how many opportunities come later, they are out of reach.
Over 8 years, I’ve seen too many myths of sudden wealth, and even more people losing everything on the roller coaster. Those who can leave with profits are always the most boring ones — they trade disciplined, are not driven by emotions, and know when to take profits and cut losses.
Crypto opportunities are indeed tempting, but more valuable than the opportunities themselves is the ability to stay alive and see the next opportunity.
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GoodFortuneAndProsper
· 22h ago
First of all, there must be profit! Eight years have passed, and we're getting further and further away from breaking even😭😭😭
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rekt_but_vibing
· 22h ago
You're absolutely right, taking profits is truly an art. Most people die from greed.
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I just want to ask, why didn't you sell when it was 40x... Is there such a thing as regret medicine?
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The stop-loss order is brilliant, it saved me many times from liquidation.
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It sounds like they're advising us not to play, but actually they're talking about how to survive longer, right?
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Bored people make money, thrill-seekers lose money—that's the truth of the crypto world.
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I'm the kind of newbie who fears stop-losses, ended up losing everything in one go. Reading this article really hits home.
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Living to see the next opportunity—this phrase is worth ten thousand limit-up days.
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Partial take-profit sounds simple, but actually doing it requires a strong psychological mindset.
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4am_degen
· 22h ago
Honestly, taking profits is really the hardest part; greed can truly be deadly.
Reminds me of my dream of 40x returns, woke up quickly, and learned a deep lesson.
Principal is the key; without the principal, everything else is pointless.
This guy is quite clear-headed; most people fail because of their mindset.
There are plenty who can catch the bottom, but those who know when to sell are the real masters.
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GasFeeTherapist
· 22h ago
You're right, the key is not to be consumed by greed. I didn't have the resolve to take profits back then, and now I can only listen to stories in the group.
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DegenDreamer
· 22h ago
Honestly, taking profits is even harder than cutting losses. Watching the coins rise, my hands get itchy.
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Selling in batches—I've known this for a long time, but I just can't seem to follow through. Always want to wait a bit longer, and then I get trapped.
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Principal is the real king, this statement hits home.
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Eight years in the crypto world, thinking carefully, it's all just tuition. Those who got rich overnight generally paid it back later.
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The problem isn't strategy; it's human nature. Who can really stick to discipline?
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I've experienced that wave of ADA too. Looking back, that period was basically gambling.
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Moving stop profits is indeed impressive, but those who set a 15% retracement? They've also been proven wrong.
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The most critical thing in the crypto world isn't how much you can earn, but surviving and cashing out after making money.
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nft_widow
· 23h ago
Honestly speaking, I deeply resonate with the part about 40x leading to total loss. It was just greed at that moment, and only later did I realize how inexperienced I was.
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As for taking profits, I now follow this approach as well. The mental difference is indeed significant. But I still get easily tempted by the main wave, haha.
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Principles are key, this phrase hits the mark. I've seen too many all-in gambles, and they all end badly.
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I've tried the logic of gradually reducing positions, and it feels much more rational than holding on tightly. Although sometimes I still regret selling too early.
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The hardest part is, knowing you should cut losses, but you just can't place the order. The psychological barrier in the crypto world is even tougher than technical analysis.
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After eight years, this insight is worth any amount of rookie tuition. I'm just afraid some people will still go all-in after reading this.
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The most boring people make the most money—that's so true. Passionate trading is basically just throwing money in.
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NeonCollector
· 23h ago
You're absolutely right. Selling is a hundred times harder than buying. I was doomed by greed back then.
When it hits 40x, it's time to sell, but I insisted on waiting for 100x, and ended up losing everything.
Principal is king. That statement really hits home.
Stop-loss orders are like seat belts; you must wear them at all times.
I've seen too many people get rich overnight only to go bankrupt the next night. Bored traders are the real winners in the end.
#加密生态动态追踪 8 Years of Crypto Market Ups and Downs: From 40x Account Growth to Dreams Shattered — The Trading Truth I Learned
I will never forget the frenzy of 2017. $ADA started at $0.03, and I built my position in batches. Unexpectedly, within three months, it surged to $1.2, and my account nearly multiplied by 40 times. During that time, the first thing I did upon waking was to check the market, watch the numbers grow, and even start thinking about how to pay in full for a house.
Then everything reversed.
ADA started to fall, the price dropped back to $0.2, and I watched my unrealized gains evaporate—80% of my profit disappeared within a week. It was not just about losing money; it was a mental breakdown — watching what I had worked for fly away right in front of my eyes.
This lesson hit me hard: in the crypto market, there are too many people buying, but the real experts making money are actually focused on one thing — when to sell. Buying is easy; selling is the real skill.
**Partial Take Profits to Fight Greed**
Suppose a coin rises from $1 to $2. My approach is: first cut 30% of the position, directly recover the principal, and the remaining part is pure profit, which makes my mindset relaxed. Whether it goes up or down afterward, I feel no pressure.
If it rises to $3, then reduce another 30%.
Finally, the remaining 40% is set with a trailing stop — if the price drops 15% from the high, automatically sell everything. This way, I can ride the main wave and avoid being caught by greed.
**Stop-Loss Is the Lifeline of Trading**
I have a bottom line I never cross: any loss on a trade should never exceed 5% of the principal. Placing a -10% stop-loss order at entry is like buying insurance for the trade.
Many beginners fear stop-losses, thinking they might miss rebounds. But in reality, opportunities in the crypto market are never lacking; the next surge is always waiting ahead. What is truly scarce is the principal. Once the principal is lost, no matter how many opportunities come later, they are out of reach.
Over 8 years, I’ve seen too many myths of sudden wealth, and even more people losing everything on the roller coaster. Those who can leave with profits are always the most boring ones — they trade disciplined, are not driven by emotions, and know when to take profits and cut losses.
Crypto opportunities are indeed tempting, but more valuable than the opportunities themselves is the ability to stay alive and see the next opportunity.