Eight years of navigating the crypto world, and the deepest scar comes from that wave of ADA in 2017.
Starting to build positions from 0.03U in batches, three months later soaring to 1.2U, with unrealized gains approaching 40 times. During that time, I completely lost myself—waking up every day to check my balance, even memorized the address of the Porsche 4S dealership, truly believing that financial freedom was just around the corner. And what happened? I didn’t sell a single coin.
ADA plummeted back to 0.2U, turning what was once huge profits into bubbles, and the Porsche dream turned into the reality of a used car. I can still feel that pain. It was then I realized: buying relies on luck, but selling is the real skill.
Many people ask why my current operations are so stable. It’s all lessons learned from losing real money. Later, I developed a simple method especially suitable for working professionals—
**Taking profits like this: stage by stage, don’t chase the peak**
When the coin doubles, sell 30% to recover the principal. When it triples, sell another 30% to lock in the main profits. The remaining position is set with a trailing stop—if it retraces 15% from the high, automatically close out. In short: those who aren’t greedy run the fastest. Opportunities in the market are always there.
**Setting stop-loss like this: 5% is the limit, no bargaining**
Any trade losing 5% immediately exits; set the stop-loss order in advance—like fastening your seatbelt when getting in the car, it’s a mandatory action. Last month, after applying this stop-loss, that coin doubled in value, and friends joked I was too cautious. But three months later, it went to zero. The ones who survive are always disciplined.
In the crypto world, it’s not about who makes the most money in a moment, but who can last longer. I’ve seen people with six- or seven-figure unrealized gains, eventually return all their money to the market. They either don’t understand the technology, or they’re reluctant to sell, can’t cut losses, or refuse to admit mistakes. The most expensive thing in this market is never the strategy, but self-discipline. Only by executing rules like running a program can you truly take your money out.
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CryptoPunster
· 2h ago
Porsche dreams shattered into second-hand cars, this is the first lesson the crypto circle has taught me. It still hurts so much I can’t forget it.
Really, being able to sell is a skill. The money I lost over these years was just tuition. Now I finally understand that those who don’t greed will live longer.
I really won’t budge from the 5% stop-loss line now. I’d rather be a bit timid and stay alive than experience the thrill of zeroing out my account.
Seeing those who had six-figure amounts on paper end up with nothing, I feel relieved because I’ve realized how inexperienced I am.
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TommyTeacher1
· 10h ago
Ah... listening to the story of ADA really tugs at my heart. Going from 0.03 to 1.2 is truly a dream. I was also caught in that wave and couldn't bear to sell. Now I finally understand.
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SerNgmi
· 10h ago
Really, the 2017 wave was indeed a textbook-level cut-loss... Watching the 40x surge on the daily limit, everyone thought about a Porsche, but none sold any haha. That's the curse of the crypto world.
I'm also using the phased profit-taking strategy; not being greedy really helps you live much longer.
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ChainBrain
· 10h ago
Selling is the biggest killer in the crypto world; this point really hits hard.
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The move from 0.03 to 1.2 really can make people lose their minds; I've been through it too, and I didn't sell a single one...
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A 5% stop loss sounds simple, but few actually stick to it. I myself have broken it many times.
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The worst feeling is having a paper unrealized profit that looks great, but in the end, you can't withdraw a single penny.
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Greed is the cause of death in the crypto world; I've seen too many burn out because of it.
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Selling in stages is indeed effective; the hardest part is the psychological barrier, always feeling like you can still push further.
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Living longer > earning quickly—that really hit me, truly.
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People who stick to discipline do indeed laugh last; those "I'll wait a bit longer" end up in the grave.
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screenshot_gains
· 10h ago
Oops, I didn't sell when it shot from 0.03 to 1.2. How strong must my heart be... I've been through this too.
The most thorough Porsche dream shattered made me realize that greed is the most expensive tuition in the crypto world.
A 5% stop-loss has saved me several times, even though it feels pretty uncomfortable when it hits the daily limit.
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LonelyAnchorman
· 10h ago
The pain points are very precise. The wave in 2017 really taught many people what "wealth on paper" means. ADA's story has been repeated dozens of times in the crypto circle...
But speaking of which, a 5% stop loss is a bit harsh. I set mine at 7%, but survival is indeed the most important.
Eight years of navigating the crypto world, and the deepest scar comes from that wave of ADA in 2017.
Starting to build positions from 0.03U in batches, three months later soaring to 1.2U, with unrealized gains approaching 40 times. During that time, I completely lost myself—waking up every day to check my balance, even memorized the address of the Porsche 4S dealership, truly believing that financial freedom was just around the corner. And what happened? I didn’t sell a single coin.
ADA plummeted back to 0.2U, turning what was once huge profits into bubbles, and the Porsche dream turned into the reality of a used car. I can still feel that pain. It was then I realized: buying relies on luck, but selling is the real skill.
Many people ask why my current operations are so stable. It’s all lessons learned from losing real money. Later, I developed a simple method especially suitable for working professionals—
**Taking profits like this: stage by stage, don’t chase the peak**
When the coin doubles, sell 30% to recover the principal. When it triples, sell another 30% to lock in the main profits. The remaining position is set with a trailing stop—if it retraces 15% from the high, automatically close out. In short: those who aren’t greedy run the fastest. Opportunities in the market are always there.
**Setting stop-loss like this: 5% is the limit, no bargaining**
Any trade losing 5% immediately exits; set the stop-loss order in advance—like fastening your seatbelt when getting in the car, it’s a mandatory action. Last month, after applying this stop-loss, that coin doubled in value, and friends joked I was too cautious. But three months later, it went to zero. The ones who survive are always disciplined.
In the crypto world, it’s not about who makes the most money in a moment, but who can last longer. I’ve seen people with six- or seven-figure unrealized gains, eventually return all their money to the market. They either don’t understand the technology, or they’re reluctant to sell, can’t cut losses, or refuse to admit mistakes. The most expensive thing in this market is never the strategy, but self-discipline. Only by executing rules like running a program can you truly take your money out.