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Since entering the market in 2017 with 5000U, I have seen two common endings to stories in the crypto world: some dream of getting rich overnight and end up mortgaging their houses; others leave with tears during market fluctuations. My account performance, however, has been like climbing stairs—steadily upward at a 45-degree angle, with the maximum drawdown never exceeding 8%.
It's not because I predict accurately or monitor the market 24/7, but because I rely on a risk management system that has been repeatedly validated by the market. The core of this method is straightforward: let profits work for you, and keep the principal safe.
**Step 1: Lock in risk at the moment of opening a position**
The very first second I open a position, I place two orders simultaneously—take profit and stop loss. This is not a suggestion; it’s a necessity. Just like bringing keys when you go out, it’s natural.
**Step 2: Layered profit management**
When profits reach 10% of the principal, I immediately withdraw 50% to a cold wallet. This step is crucial—by recovering your cost basis, the remaining gains are truly "free money." The mindset changes completely.
Over five years, I have withdrawn more than 30 times, with the highest weekly withdrawal reaching 180,000U. The exchange even conducted a video verification due to the frequency of withdrawals to check for money laundering—when making money is suspected, it proves the method is effective.
**Step 3: Protective mechanisms during market changes**
If the market continues to surge, you can enjoy compound interest on the floating profits. If it suddenly reverses, you only give back part of the profits, and the principal remains safe. This is why, during days of intense market volatility, this habit helps keep the account steady and focused.
The system is simple, but simple things are often the hardest to stick to—because there’s no thrill of getting rich quickly, only steady growth. This is what most traders lack the most.