How much do you think you need to earn before you should stop?
This question is difficult to answer. Many people end up losing all their principal because they can't find the answer.
What I remember most is 2019. A friend entered the market with $20,000 and in three months skyrocketed to $300,000. We advised him every day to take profits, but he said, "You don’t understand, financial freedom is coming too quickly, I want to make it to a million in one go."
And the result? In less than half a year, his account was left with just over $10,000, losing even his principal.
This kind of thing doesn’t just happen to others; I’ve experienced it myself.
In the bull market of 2021, my account peaked at $1.8 million in a single day. Looking at the balance, there was only one voice in my head: "Just hold on, double it and then cash out."
But the market won’t give you infinite time. When I came to my senses, only $400,000 was left. During that time, I couldn't sleep at night, repeatedly calculating how many houses I could have bought if I had cashed out earlier, and in the end, it was just empty thoughts.
It was only then that I understood: the key in the crypto world is not how much you’ve earned, but how much you can take away.
Many people shout "financial freedom" all day long, but to be honest, they haven’t even learned the four words "take profit when it’s good."
I set a strict rule for myself: if my position triples, I must take out half to cash out. Only then can my mindset not be enslaved by numbers, and my account can survive for the long haul.
Some people ask me: how much is enough to earn? The answer is harsh—no one ever thinks they have too much money, but everyone has their limits. The question is, do you dare to cash out into the real world before your limits are reached?
The first lesson the crypto world taught me is: don’t fantasize about cashing out at the peak because that moment will never come. Those who can laugh until the end are always the ones who know when to get off the ride halfway up the mountain.
The market is still brewing, and if you still don’t understand how to play, it’s okay, let’s quickly set up together and get rich in this bull market together!
