I have been in this circle for eight years, and I caught up with the bull market in 2017, making dazzling money and losing money - I later understood a truth: to survive in this market, it does not depend on stud gambling, but on discipline and signal judgment.
That year, I bought ADA at the bottom, started to build a position at $0.03, and rushed to $1.2 in less than three months. The account numbers were refreshed every day, and the floating profit was close to 40 times, and I was thinking about which car to buy - but my hand didn't let go.
ADA later fell all the way to 0.2 dollars, the profit evaporated by 80%, and the car dream was directly shattered. This fall woke me up: buying the right one is just getting started, and the real master knows when to withdraw.
The following set of operation methods is what I exchanged for real money and trial and error, especially for people who don't want to watch the market every day:
**About shipping: go in batches, don't want to eat the whole fish** Suppose the coin rises from 1 to 2 dollars, and 30% is sold first - this lot will directly recover the capital, and the subsequent rise and fall mentality will be stable; 30% to 3 knives, most of the profits are pocketed; The last 40% is a trailing take profit: 15% of the drawdown from the highest point is automatically liquidated. You can eat the main ascension section without taking the elevator down.
**About stop loss: up to 5% of the principal loss in a single transaction** For example, if you take 10,000 dollars to open a position, you must cut it if you lose 500 dollars. My habit is to hang a -10% conditional order immediately after buying, just like wearing a seat belt while driving - this market opportunity will always exist, but if the principal is gone, it will really be gone.
There is also a trick that violates human nature: don't always want to sell the highest point. Many people stared at the top and missed the best time to leave. I only eat the fish body now, and the tail is given to others to grab, but this year I have made a steady profit of 35%.
Let's be honest: I've seen too many myths of getting rich over the years, but more people are running out of their principal on roller coasters. The ones who can really take away the profits are those who enforce the rules like machines.
There was a time when the price of the currency doubled after I stopped loss, and my friend said I was timid. I don't regret it - three months later the coin went straight to zero.
In this circle, living is 10,000 times more important than making quick money. I used to wander around in the dark night, but now I have a lamp in my hand.
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ColdWalletGuardian
· 1h ago
This guy's right, holding onto a 40x unrealized profit without letting go... I need to learn this kind of resolve.
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GateUser-c799715c
· 12-10 04:42
To be honest, I have also used this method of going in batches, but it is easy to be soft-hearted.
Halfway through the sale, the coin started to soar again, which made the thief feel uncomfortable.
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MiningDisasterSurvivor
· 12-10 04:38
It's ruthless, but the problem is that most people can't control themselves at all.
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Taking profit in batches sounds perfect, but in actual operation, the currency doubles and goes directly to the top, and they forget the plan.
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I was also in the ADA wave, but I didn't hold it, and I cut it halfway. So don't blame the market, it's our mouth.
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"Execute like a machine", this is true but the most difficult. I still get provoked by my friends' screenshots.
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The 35% return looks stable, but the contract account of Lao Wang next door has doubled tenfold. Eh, I'm starting to be unwilling again.
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That -10% stop-loss conditional order, easy to set and difficult to stick to. When the price was approaching, my heart was full of regret, how many people really cut it off?
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I wonder if this method can survive a bear market like 2018? History repeats itself.
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The fish body theory is correct, but human nature is greed. Looking at the price limit, I wanted to wait a little longer, but I waited to smash the market.
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Anyway, I believe in your logic, but it will still break the work halfway through. This is the difference between leeks and masters.
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ForkMonger
· 12-10 04:33
nah this discipline angle is just risk management theater - the real edge is knowing when the protocol itself becomes the weakness, not your exit timing.
Reply0
DeFiGrayling
· 12-10 04:20
Selling at the highest point is a dream, and falling into the bag is the truth.
View OriginalReply0
TideReceder
· 12-10 04:17
My hand didn't let go for a moment, and it went directly from the dream of buying a car to the dream of paying off the debt haha
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ProveMyZK
· 12-10 04:16
Okay, I accept this logic. What I am afraid of is that if I know this principle, I will not be able to implement it - too many people are disciplined in their mouths and studs in their hands.
I have been in this circle for eight years, and I caught up with the bull market in 2017, making dazzling money and losing money - I later understood a truth: to survive in this market, it does not depend on stud gambling, but on discipline and signal judgment.
That year, I bought ADA at the bottom, started to build a position at $0.03, and rushed to $1.2 in less than three months. The account numbers were refreshed every day, and the floating profit was close to 40 times, and I was thinking about which car to buy - but my hand didn't let go.
ADA later fell all the way to 0.2 dollars, the profit evaporated by 80%, and the car dream was directly shattered. This fall woke me up: buying the right one is just getting started, and the real master knows when to withdraw.
The following set of operation methods is what I exchanged for real money and trial and error, especially for people who don't want to watch the market every day:
**About shipping: go in batches, don't want to eat the whole fish**
Suppose the coin rises from 1 to 2 dollars, and 30% is sold first - this lot will directly recover the capital, and the subsequent rise and fall mentality will be stable;
30% to 3 knives, most of the profits are pocketed;
The last 40% is a trailing take profit: 15% of the drawdown from the highest point is automatically liquidated. You can eat the main ascension section without taking the elevator down.
**About stop loss: up to 5% of the principal loss in a single transaction**
For example, if you take 10,000 dollars to open a position, you must cut it if you lose 500 dollars.
My habit is to hang a -10% conditional order immediately after buying, just like wearing a seat belt while driving - this market opportunity will always exist, but if the principal is gone, it will really be gone.
There is also a trick that violates human nature: don't always want to sell the highest point.
Many people stared at the top and missed the best time to leave. I only eat the fish body now, and the tail is given to others to grab, but this year I have made a steady profit of 35%.
Let's be honest: I've seen too many myths of getting rich over the years, but more people are running out of their principal on roller coasters. The ones who can really take away the profits are those who enforce the rules like machines.
There was a time when the price of the currency doubled after I stopped loss, and my friend said I was timid. I don't regret it - three months later the coin went straight to zero.
In this circle, living is 10,000 times more important than making quick money. I used to wander around in the dark night, but now I have a lamp in my hand.