It took me eight years in the crypto space to finally figure out one truth—
What really makes you rich isn’t picking that 100x coin, but whether you can actually pocket the money.
Back in 2017, I got into ADA at $0.03.
Kept it low-key, didn’t tell anyone.
Three months later, it shot up to $1.2. That’s a 40x on paper.
How cocky did I get? I was browsing the Porsche website every day, saved the addresses of seven or eight dealerships, and was already planning my life after financial freedom in my head.
And then?
I didn’t sell a single coin.
ADA crashed from $1.2 all the way down to $0.2. The profits evaporated faster than they had come.
When I snapped out of it, the Porsche I dreamed of was gone—even a used beater was out of reach.
That was the most expensive lesson I’ve ever learned:
Buying right is luck. Selling right is true skill.
The reason I can stay steady now isn’t because I’m some technical genius—it’s because I paid enough tuition to finally learn to follow the rules.
The methods I’ve figured out over the years are simple, but for regular people, they work best.
**Here’s how I take profits:**
Coin doubled? Sell 30% first, just get your principal back. Tripled? Sell another 30%, lock in the bulk of the profit. For the rest, set a trailing stop—if it pulls back 15%, auto-sell.
Sounds conservative? But that’s how the survivors play.
**As for cutting losses, it’s even simpler:**
Never lose more than 5% per trade. First thing after buying is to place a stop-loss order.
No wishful thinking, no stubborn holding. If you’re wrong, admit it and move on.
Last month I took a stop-loss and a friend laughed at me for being “too timid.” That coin later went straight to zero.
I walked away unscathed.
In all these years, I’ve seen too many people:
Not selling at a six-figure profit, Aiming for seven figures, And then losing it all in the end.
The market can help you make money, but only discipline can help you keep it.
In this space, it’s never about who makes the most—it’s about who lasts the longest.
When you can follow the rules like you’re running a program, true freedom isn’t far away.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
GigaBrainAnon
· 3h ago
Honestly, if you can't sell it, it's all for nothing. I've seen too many people with portfolios worth millions on paper who ended up with nothing. It hurts just to watch.
View OriginalReply0
AirdropSweaterFan
· 3h ago
Honestly, if you can't sell it, it's just worthless paper. I once held a coin that dropped from 1 to 0.1, and thinking back now, it scares me. Luckily, I didn't go all in.
View OriginalReply0
MevTears
· 3h ago
Damn, pulling from 0.03 to 1.2 and still getting completely trapped—how much psychological pressure can someone handle... Just imagining that process makes me feel uncomfortable.
View OriginalReply0
HappyToBeDumped
· 3h ago
That's right, the problem is knowing but not being able to do it. Back then, I stubbornly held on when it was at 0.x, but when it rose to a few bucks, I started to get scared, and ended up watching it fall all the way back down. Now I rely on discipline to survive. Although I don't make as much, at least my account is still there.
View OriginalReply0
OfflineNewbie
· 3h ago
Seriously, that hit way too close to home. Back then, I also bought the dip at 0.05 for a certain coin. When it shot up to over 1, I was stunned, but I accidentally missed selling it. Now, I’ve cried so much there are no tears left...
Here’s something that hits close to home.
It took me eight years in the crypto space to finally figure out one truth—
What really makes you rich isn’t picking that 100x coin, but whether you can actually pocket the money.
Back in 2017, I got into ADA at $0.03.
Kept it low-key, didn’t tell anyone.
Three months later, it shot up to $1.2. That’s a 40x on paper.
How cocky did I get? I was browsing the Porsche website every day, saved the addresses of seven or eight dealerships, and was already planning my life after financial freedom in my head.
And then?
I didn’t sell a single coin.
ADA crashed from $1.2 all the way down to $0.2. The profits evaporated faster than they had come.
When I snapped out of it, the Porsche I dreamed of was gone—even a used beater was out of reach.
That was the most expensive lesson I’ve ever learned:
Buying right is luck. Selling right is true skill.
The reason I can stay steady now isn’t because I’m some technical genius—it’s because I paid enough tuition to finally learn to follow the rules.
The methods I’ve figured out over the years are simple, but for regular people, they work best.
**Here’s how I take profits:**
Coin doubled? Sell 30% first, just get your principal back.
Tripled? Sell another 30%, lock in the bulk of the profit.
For the rest, set a trailing stop—if it pulls back 15%, auto-sell.
Sounds conservative? But that’s how the survivors play.
**As for cutting losses, it’s even simpler:**
Never lose more than 5% per trade. First thing after buying is to place a stop-loss order.
No wishful thinking, no stubborn holding. If you’re wrong, admit it and move on.
Last month I took a stop-loss and a friend laughed at me for being “too timid.” That coin later went straight to zero.
I walked away unscathed.
In all these years, I’ve seen too many people:
Not selling at a six-figure profit,
Aiming for seven figures,
And then losing it all in the end.
The market can help you make money, but only discipline can help you keep it.
In this space, it’s never about who makes the most—it’s about who lasts the longest.
When you can follow the rules like you’re running a program, true freedom isn’t far away.