8 Years of Cryptocurrency Trading Tears: From Hundredfold Gains to Profit Evaporation, I Have Realized the Underlying Logic of Consistent Profit

Having been in the crypto world for 8 years, my most unforgettable memory remains the疯狂投DOGE in 2021. At that time, I quietly started with 0.003U, and in just five months, the price skyrocketed to 0.74U, a roughly 246.67 times increase, causing my account to jump wildly. I even searched for the Porsche 4S dealership address, feeling that financial freedom was within reach.

However, human greed ultimately turned everything into a bubble. Holding full positions, I hesitated to sell, watching DOGE plummet from 0.74U. The dream of luxury cars shattered into a second-hand BYD, and the profits I had made evaporated completely, leaving only regret.

This painful lesson made me realize: in the crypto world, just buying is luck; being able to sell is true skill. The core of long-term survival is never about gambling for quick riches, but about stability.

Over these 8 years, I have distilled the experience of heavy losses into a simple, suitable profit-taking and stop-loss strategy for office workers and ordinary people who don’t have time to watch the market. Clumsy but effective, it has protected all my subsequent trading bottom lines.

Profit-taking: Break the obsession with top-tick gambling, lock in profits step by step

I completely abandoned predicting the high point, relying solely on a ladder profit-taking method:
- Doubling the price, sell 30% decisively, first recover all principal, ensuring no loss;
- Tripling the price, sell another 30%, firmly hold most of the profits;
- For the remaining holdings, set a trailing stop. Once the price retraces 15% from the high, close all positions immediately—no lingering.
Not chasing extreme gains, only earning guaranteed profits—that’s the most direct way to restrain greed.

Stop-loss: Establish ironclad rules, secure the account with a safety belt

My trading rule: never lose more than 5% on a single trade.
As soon as losses approach 5%, I cut losses without hesitation, pre-set stop-loss orders to avoid large losses from the root.
There have been regrets—once I stopped out of a coin, only for it to double later. Friends laughed at me for being “too timid,” but three months later, that coin went to zero—crypto is never about who earns the most in the short term, but about who can survive the longest. A moment of hesitation can lead to total loss.

After 8 years of ups and downs, I’ve seen the big swings in the crypto market: some have made six or seven figures, only to lose it all. It’s not about lacking technical analysis or missing market signals, but about failing to sell, stop-loss, or admit mistakes to the market.

I finally understand: the most expensive thing in crypto is never trading skills, but self-discipline ingrained in the bones. Not being swayed by greed, not fooled by luck, strictly executing your trading rules like a robot—only then can you stay steady and go far in this unpredictable market.

Once, I stumbled blindly in the dark of crypto, relying on luck to make money, only to lose it all with strength. Now, with the “stability” as my guiding light, my path is clear and my steps are firm. I light this lamp for myself, and I also want to share it with you in the crypto world. #加密市场观察 $BTC $ETH