How much profit is enough? Honestly, there’s no standard answer — and because of that, many people end up giving all their profits back.

In 2019, I knew a buddy who started with $20,000 and within just over three months, his account grew to $300,000. He was so confident, shouting every day, "Financial freedom is so simple! I want to hit one million!" We suggested he might want to take some profits, but he didn’t take it seriously. What happened next? Over half a year later, his account was down to just over $10,000, and he couldn’t even protect his principal.

#美国贸易赤字状况 I’ve also experienced this myself. During the 2021 bull market, my account once surged to $1.8 million. Seeing that number, I thought, "Just wait a bit longer, double it and then take profits." Huge mistake. The market doesn’t wait for you to think things through. By the time I reacted, my account had shrunk to $400,000. At that time, I was thinking, "If I get out early, maybe I can buy a few houses" — but that all became pointless.

Gradually, I realized: in the crypto world, it’s not about how much you make, but how much you can withdraw at the end. There are plenty of people talking about "financial freedom," but only a few truly know how to "take profits when the time is right."

Later, I set a strict rule for myself: when my position triples, I must take out half to cash out. The benefits? First, it helps stabilize my mindset; second, it ensures the account remains sustainable and healthy.

Returning to that question — how much is enough? Actually, there’s no fixed number. Greed is human nature; there will always be someone who thinks they have too little. The key is to have the courage to convert chips into cash before things get out of control.

The first lesson in crypto is this: don’t expect to sell at the top, because the peak will never give you a heads-up. Those who survive until the end are usually those who choose to get off midway.

To quote an old saying: one person runs fast, but a group runs far. Finding the right direction and steadily moving forward is worth more than anything.