Having spent several years in the crypto world, I've seen countless liquidation screenshots being wildly circulated in groups. Recently, I saw someone post a joke saying "The crypto circle specializes in curing all kinds of disobedience," which suddenly reminded me of the detours I've taken.
I entered the market in 2019, at a time when I knew nothing about it. The most embarrassing moment was losing half a year's salary in one night, lying in bed staring at my account balance in a daze. But later, I developed a trading method that seemed "counterintuitive," which actually helped my account gradually come back to life. Today, I won't talk about any get-rich-quick myths; instead, I'll share the underlying logic that helped me survive and consistently make money.
**Stop obsessing over bottom-fishing and top-selling**
All initial losses stemmed from that obsession: buying at the lowest point and selling at the highest point. The result was often buying the dip halfway up the mountain and selling at the floor price. I later realized that the true bottom of the market can only be seen in hindsight. Trying to guess the market's mood will only lead to repeated lessons.
My current approach is very straightforward: focus on mainstream coins like Bitcoin and Ethereum. Wait until they decline continuously and start consolidating sideways, and only when they stop making new lows do I begin to test the waters. For example, if Bitcoin drops to around $30,000, I won't invest everything at once but will establish an initial position of 10%. Once the price stabilizes and breaks through key weekly resistance levels, I gradually add to my position in batches.
The principle is simple: prefer to earn less than to gamble away all your assets. Those who dream of doubling their money overnight often disappear just as quickly.
The volatility in the crypto market is so high that unrealized gains on paper can vanish in an instant. I set a strict rule for myself: whenever floating profits from a trade exceed 20%, I immediately withdraw the principal. The remaining profit is then my risk capital for further trades. The biggest benefit of this approach is that your mindset changes significantly. Since the money you've already secured is in your pocket, even if you lose everything afterward, it's only the original profit that wasn't yours to begin with. This state of mind makes you calmer and your decisions more rational.
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FastLeaver
· 01-06 04:40
Honestly, taking a 20% profit and running away, do you really need to be so timid... But seeing that you haven't been liquidated since 2019, you have indeed beaten 99% of people.
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ServantOfSatoshi
· 01-04 15:13
Honestly, I have to admit that this logic is much more reliable than those who shout about 10x every day.
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StablecoinEnjoyer
· 01-03 14:50
Alright, finally someone is telling the truth. Much more reliable than those who blow their own horns every day.
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GamefiGreenie
· 01-03 14:49
Really, I am also using this method, and I have long since changed my approach to bottom-fishing.
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The step of principal rebound is too crucial; the mindset is truly completely different.
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To be honest, talking about bottoms and tops is all nonsense; staying alive is the real deal.
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Only withdrawing 20% of the principal? That's a bit conservative haha, but it's a hundred times better than my previous all-in approach.
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That's why I am still alive, while Old Wang next door has disappeared for half a year.
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The crypto world really needs to learn "letting go"; going against human nature is actually the way to make money.
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Splitting into batches to add positions is well said; too many people go all-in and end up dead.
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Unrealized gains are just virtual; only cashing out counts. This saying is worth a house.
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BearEatsAll
· 01-03 14:42
That hits too close to home; I am the kind of person who disappears overnight.
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I only now understand the trick of withdrawing principal; if I had known in 2021, it wouldn't have been so disastrous.
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Taking 20% and running sounds like a loss, but it indeed helps you survive longer.
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The worst is those who say "I'll wait for the bottom," and then they just disappear while waiting.
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This logic is indeed stable in the current market, but executing it is really difficult.
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Lying in bed staring at the account, I totally get it; it's like a nightmare.
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I should have learned to add positions in batches long ago; how many opportunities to cut losses did I miss?
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The crypto world is truly anti-human nature; the more you want to make quick money, the more you're trapped.
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Buying the dip halfway up the mountain is so true; it hit the mark.
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NoStopLossNut
· 01-03 14:37
Honestly, I've also suffered losses from bottom-fishing before. Now I'm just waiting for sideways movement.
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ForkMaster
· 01-03 14:35
20% take profit and withdraw principal—I'm using this trick too, and my three kids' milk money is just barely getting by. But the article missed the most crucial point— you need to distinguish which are true bottoms and which are trap stops; that's the real wealth secret.
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PrivateKeyParanoia
· 01-03 14:32
Honestly, I've also fallen into the trap of trying to catch the bottom... Going all in at once taught me a lesson. Now I follow your pace, gradually increasing my position, and my mindset has definitely improved.
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This trick of breaking even at 20% is brilliant. I used to want to keep gambling when I had floating profits, and in the end, I lost it all.
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The crypto world is indeed a game against human nature; greed kills you the moment it takes over.
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This method sounds boring, but it's much more reliable than those calling signals. It's solid.
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Lying in bed and checking my balance really resonated with me... I've now learned that taking profits is learning to stay alive.
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It's really hard not to try to catch the bottom, but it's even harder than getting liquidated.
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The biggest enemy of human nature is oneself; there's nothing wrong with that statement.
View OriginalReply0
SigmaValidator
· 01-03 14:26
Sounds right, only by surviving can you continue to make money.
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There's nothing wrong with bottom-fishing; the market just loves to slap confident people in the face repeatedly.
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I'm also using the trick of taking 20% from the principal, and it really makes my mindset much better.
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Those who used to gamble recklessly have indeed disappeared, and I haven't seen them speak up in the group anymore.
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Having entered in 2019 and gone through that wave, those who are still alive understand this principle.
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The principal always comes first; this phrase should be engraved in everyone's mind.
Having spent several years in the crypto world, I've seen countless liquidation screenshots being wildly circulated in groups. Recently, I saw someone post a joke saying "The crypto circle specializes in curing all kinds of disobedience," which suddenly reminded me of the detours I've taken.
I entered the market in 2019, at a time when I knew nothing about it. The most embarrassing moment was losing half a year's salary in one night, lying in bed staring at my account balance in a daze. But later, I developed a trading method that seemed "counterintuitive," which actually helped my account gradually come back to life. Today, I won't talk about any get-rich-quick myths; instead, I'll share the underlying logic that helped me survive and consistently make money.
**Stop obsessing over bottom-fishing and top-selling**
All initial losses stemmed from that obsession: buying at the lowest point and selling at the highest point. The result was often buying the dip halfway up the mountain and selling at the floor price. I later realized that the true bottom of the market can only be seen in hindsight. Trying to guess the market's mood will only lead to repeated lessons.
My current approach is very straightforward: focus on mainstream coins like Bitcoin and Ethereum. Wait until they decline continuously and start consolidating sideways, and only when they stop making new lows do I begin to test the waters. For example, if Bitcoin drops to around $30,000, I won't invest everything at once but will establish an initial position of 10%. Once the price stabilizes and breaks through key weekly resistance levels, I gradually add to my position in batches.
The principle is simple: prefer to earn less than to gamble away all your assets. Those who dream of doubling their money overnight often disappear just as quickly.
**Profit layering management, always prioritize principal**
The volatility in the crypto market is so high that unrealized gains on paper can vanish in an instant. I set a strict rule for myself: whenever floating profits from a trade exceed 20%, I immediately withdraw the principal. The remaining profit is then my risk capital for further trades. The biggest benefit of this approach is that your mindset changes significantly. Since the money you've already secured is in your pocket, even if you lose everything afterward, it's only the original profit that wasn't yours to begin with. This state of mind makes you calmer and your decisions more rational.