#密码资产动态追踪 Is it finally time to stop or not? This question seems simple, but it is the ultimate test of human nature in the crypto world. Countless people are not unable to make money; the problem is precisely that they don't know when to hit the brakes. They keep adding to their positions and end up risking their principal—the same story plays out in exchanges every day.
In 2019, I witnessed a case that left a deep impression: a friend invested $20,000, and within three months, his account ballooned to $300,000. We repeatedly advised him to take profits, but he was obsessed and kept saying the same thing: "Just a little more, then I’ll be free. Target $1 million!" Less than half a year later, when he came to his senses, his account was down to just over $10,000—he didn't even preserve his initial capital.
This was not just an outside observation; I later experienced a similar "greed trap" myself. During the 2021 bull market, I watched my account peak at $1.8 million, my eyes glued to the screen, with only one thought in my mind: double it again, then exit completely. But the market never plays by anyone’s script. By the time I realized it, the balance had shrunk to $400,000. Those days were truly tough—sleepless nights, repeatedly pondering: if I had taken profits earlier, could I have preserved my principal? But there’s no second chance in the world.
It was this lesson that finally woke me up: in cryptocurrency trading, wins and losses are never about how high your account peaks, but about how much real money you can ultimately withdraw. Many people shout about financial freedom all day, but they haven't even grasped the most basic rule of "taking profits when the time is right." Later, I set a strict rule for myself: as soon as my position’s profit triples, I immediately withdraw half of the profits—no bargaining, no excuses. The only way is this—only then can you avoid being fooled by numbers and ensure your account lasts longer.
Some still ask: "How much profit is enough?" Honestly, money can always be earned endlessly, but a person’s psychological tolerance has a ceiling. The real test is: can you proactively lock in your floating gains into your wallet before the market drags you down? This is the earliest lesson the crypto market should teach—don't believe you can retreat completely at the absolute peak; that’s just an illusion that everyone cannot achieve. The traders who can continue to make money are always those who decisively get out at the halfway point.
Consistent profits rely on stable logic and ongoing discipline, not luck from a single shot.
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UncleWhale
· 12h ago
You're absolutely right. Greed is a terminal illness in the crypto world; so many people get stuck on the phrase "Just wait a bit longer, it'll hit 1 million"...
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GasFeeCrier
· 12h ago
Honestly, I've listened to this theory many times, but the key is that I really can't bring myself to execute it... I resonated with the part where the amount shrinks from 1.8 million to 400,000, but every time I reach that moment, I start self-hypnotizing myself with "wait a bit longer, maybe it'll rebound."
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StablecoinEnjoyer
· 12h ago
That hit too close to home. I am actually the opposite of that greedy example... The lesson from 1.8 million U.S. dollars is deeply ingrained. Now, whenever I see the account balance increase, I reflexively want to cash out. My friends all say I'm too conservative now, but only after being beaten by the market do I understand that "taking profits and securing gains" is worth a thousand motivational speeches.
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TopEscapeArtist
· 12h ago
When it dropped from 1.8 million to 400,000, I knew I had to learn to read MACD, but I still can't break the habit of chasing high... I can never set a proper stop-loss level.
#密码资产动态追踪 Is it finally time to stop or not? This question seems simple, but it is the ultimate test of human nature in the crypto world. Countless people are not unable to make money; the problem is precisely that they don't know when to hit the brakes. They keep adding to their positions and end up risking their principal—the same story plays out in exchanges every day.
In 2019, I witnessed a case that left a deep impression: a friend invested $20,000, and within three months, his account ballooned to $300,000. We repeatedly advised him to take profits, but he was obsessed and kept saying the same thing: "Just a little more, then I’ll be free. Target $1 million!" Less than half a year later, when he came to his senses, his account was down to just over $10,000—he didn't even preserve his initial capital.
This was not just an outside observation; I later experienced a similar "greed trap" myself. During the 2021 bull market, I watched my account peak at $1.8 million, my eyes glued to the screen, with only one thought in my mind: double it again, then exit completely. But the market never plays by anyone’s script. By the time I realized it, the balance had shrunk to $400,000. Those days were truly tough—sleepless nights, repeatedly pondering: if I had taken profits earlier, could I have preserved my principal? But there’s no second chance in the world.
It was this lesson that finally woke me up: in cryptocurrency trading, wins and losses are never about how high your account peaks, but about how much real money you can ultimately withdraw. Many people shout about financial freedom all day, but they haven't even grasped the most basic rule of "taking profits when the time is right." Later, I set a strict rule for myself: as soon as my position’s profit triples, I immediately withdraw half of the profits—no bargaining, no excuses. The only way is this—only then can you avoid being fooled by numbers and ensure your account lasts longer.
Some still ask: "How much profit is enough?" Honestly, money can always be earned endlessly, but a person’s psychological tolerance has a ceiling. The real test is: can you proactively lock in your floating gains into your wallet before the market drags you down? This is the earliest lesson the crypto market should teach—don't believe you can retreat completely at the absolute peak; that’s just an illusion that everyone cannot achieve. The traders who can continue to make money are always those who decisively get out at the halfway point.
Consistent profits rely on stable logic and ongoing discipline, not luck from a single shot.