In the cryptocurrency world, why do some people, despite having made tens of millions or hundreds of thousands, end up with nothing and even in debt?

The greed and self-interest of people often lead them to lose their rationality and inflate their egos, so learning to take profits and secure gains is particularly important. I have found that many people do not make money from investing because they do not know how to take profits. After finally seeing some unrealized gains in their accounts, they end up losing it all because they did not take profits. Therefore, I sincerely advise everyone to learn to take profits and secure gains.

There are many methods for taking profits, commonly including:

1. Target return profit-taking method: When the target return reaches 15%, 30%, or 50%, take profits in increments of 30%, 40%, and 30% respectively.

2. Valuation profit-taking method:

When the PE percentile of the index reaches 70%, 80%, or 90%, take profits in increments of 30%, 40%, and 30% respectively.

3. Sentiment profit-taking method: When public sentiment reaches extreme optimism, take 50% profits at once.

So, it is essential to learn asset allocation to cope with different market trends, to learn to position at low levels, and to capture potential opportunities. Recently, the rising star in the cryptocurrency world, the SOL chain's hero dog Conan, has a strong IP and good narrative that is worth paying attention to!