The bull market didn't bury you because you haven't learned how to 'take profits.'
A painful history: During the first bull market, I watched my account grow tenfold, only to fall back to square one, all because of the greed for 'one more wave.' So I broke down 'how to take profits' into a four-step foolproof guide, explained in simple terms as follows:
1 Profit as salary
When it triples, withdraw half first; don’t treat profits as betting capital. Money in hand is real money; what stays on the screen is just a number.
2 Buy on expectations, sell on news
Good news becoming reality is often bad news. Announcements of listings, partnerships, or new features usually mark the best selling window.
3 Would you still buy it today?
Every night, ask yourself: If I had no position now, would I still buy this coin? If the answer is no, just hit the sell button; don’t make excuses for holding.
4 Hundredfold coin checklist
If you really want to take a gamble, score it first:
• Is the project's ceiling high enough?
• Is there a real big player endorsing it?
• Is the roadmap just a PowerPoint?
• Is it about to land on major exchanges?
Only if all four points are a yes, then take action; otherwise, just watch from the sidelines.
As the saying goes, no one goes bankrupt from taking profits, but many do from waiting for the 'perfect top.' A bull market is not a reward, it's an exam; the profits you can take away are your report card.