In the cryptocurrency world, when is it actually time to 'stop'?
Many people haven't figured this out, and in the end, they all become losers.
I have a true friend who started with 5000U in 2020. He got lucky and hit the bull market, rolling it up to 100,000 in just six months. We were all happy for him and urged him to take some profits 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 fell from 100,000 to 30,000, leaving only a few hundred U. At that moment, he fell completely silent, even afraid to open the trading software again.
I myself have gone down the same path.
There was a time when my account peaked at 600,000 U. Watching the numbers soar, my greed surged, thinking that if I took one more gamble, I could break a million. As a result, one pullback evaporated two-thirds of the profits, and it plummeted to just over 200,000. For those few days, I was completely numb, too afraid to look at the market during the day, and unable to sleep at night, tossing and turning in bed.
Eventually, I finally understood:
The crypto world is not about how much you earn, but about how much you can take home.
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 tumble from the peak do they regret not taking the profits earlier.
So now I have set strict rules 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 understand that money only becomes real when it's in the real world.
If you ask me 'how much is enough to earn'? The truth is, there is no standard answer. Because human nature is never satisfied. The only difference is: some people get off the ride before the peak, while others have to fall to the bottom to wake up.
The harsh truth of the crypto world is:
Those who can make it to the end are always those who dare to take profits halfway up the mountain.
In this round of the market, whether you can recover your losses depends entirely on yourself. Start planning with me early so you can emerge from the lows sooner.
