In the cryptocurrency world, when should one 'stop'?
Many people haven't figured this out, and in the end, they all became losers.
I have a true friend who started with 5000U in 2020. He was lucky enough to catch the bull market and rolled it up to 100,000 in half a year. We were all happy for him and advised him to take some out, but he waved his hand and said, 'Don't rush, my goal is 500,000, this is just the beginning!'
But when the market reversed, his account dropped from 100,000 to 30,000, and in the end, he was left with just a few hundred U. At that moment, he fell silent and didn't even dare to open the trading software again.
I have also walked the same winding road.
There was one time when my account peaked at 600,000U. Watching the numbers soar, my greed skyrocketed, thinking that if I just took one more risk, I could break a million. As a result, a pullback caused two-thirds of the profits to evaporate, and it crashed to just over 200,000. Those days, I was completely numb, too afraid to look at the charts during the day and tossing and turning in bed at night unable to sleep.
Later, I finally understood:
The cryptocurrency world isn't about how much you earn, but how much you can actually pocket.
Many people shout about wanting financial freedom, but when it comes down to it, they can't even manage to 'stop in time.' Only when their accounts fall from the peak do they regret not taking the profits away back then.
So now I have set a strict rule for myself: when the account doubles, at least take out 30%; when it triples, directly withdraw half. It’s not that I don’t want to gamble, but I’ve learned that money entering the real world is what truly matters.
If you ask me, 'How much profit is enough?' there really isn't a standard answer. Because human nature will never be satisfied. The only difference is: some people get off the ride before hitting the peak, while others only realize when they fall to the bottom.
The harsh truth of the cryptocurrency world is:
Those who can make it to the end are always those who dare to take profits halfway up the mountain.
This market is very difficult to navigate alone.
Now, I have a repaired road here; will you walk it?
