#美联储降息 After rolling through the ups and downs of the crypto market for a long time, I finally understand that the deepest pit isn't how badly the market crashes, but—when you're holding huge profits, do you dare to let go?
I've seen too many people get trapped in the curse of "doing one more round," where both principal and gains are swallowed up. My friends and I have all paid this tuition fee.
In 2019, a friend invested $20,000 initially. Riding the wave of crazy growth, his account skyrocketed to $300,000 in three months. We all took turns advising him to cash out, but he kept staring at the screen with red eyes: "Break a million, then I'll withdraw. I'll be set for life."
No one could sway him. Half a year later, the market turned against him, and his account was left with just over $10,000—he didn't even hold onto his initial capital.
I also hit a wall during the 2021 bull run. Back then, my account soared to 1.8 million USDT. I started to go crazy, thinking every day about "doubling and then leaving." The market never plays by anyone's script. When I finally woke up, my account was down to 400,000 USDT. The days that followed, I couldn't sleep at night, replaying in my mind: "It would have been better to get out earlier."
That’s when I truly understood one thing—the peak of the market doesn’t matter at all; what matters is how much profit you can take with you when you finally exit.
Later, I set a strict rule for myself: when my position triples, I immediately take out half of the money. No matter how good the market looks, this rule applies.
Money is endless, but people's courage to bear risk is limited. In the crypto market, no one can perfectly get off at the peak—those who truly make money have already turned around and descended halfway up the mountain.
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AirdropHarvester
· 10h ago
The part where 1.8 million drops to 400,000 really can't hold up... I was also educated by this wave of market conditions. Now, every time my account increases by 50%, I start to get itchy and want to sell.
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GweiTooHigh
· 10h ago
I watched my friend lose 1.8 million in Napo; greed really is the root of all evil.
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ExpectationFarmer
· 10h ago
Whoa, isn't this talking about me... That wave in 2021 really broke my defenses. Now I look at my account history and don't even want to scroll through it.
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ImpermanentTherapist
· 10h ago
To be honest, I've heard this explanation too many times. The part about shrinking from 1.8 million to 400,000 is really heartbreaking, but the problem is—most people after hearing this story will still go all-in the next day, and even the person telling the story can break their own rules in the next round. I saw someone in 2021 swear "triple your bet to draw," but once the public chain ecosystem exploded, they changed their tune. The key is still mindset—everyone knows they should lock in profits, but nobody can actually do it.
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ThreeHornBlasts
· 11h ago
The drop from 1.8 million to 400,000 was too heartbreaking. I also experienced a crash like that, and I really want to vomit blood. Now I stick to one principle—cut my position in half when I triple my profit. No matter how bullish the market is, I have to resist the urge to watch the charts.
#美联储降息 After rolling through the ups and downs of the crypto market for a long time, I finally understand that the deepest pit isn't how badly the market crashes, but—when you're holding huge profits, do you dare to let go?
I've seen too many people get trapped in the curse of "doing one more round," where both principal and gains are swallowed up. My friends and I have all paid this tuition fee.
In 2019, a friend invested $20,000 initially. Riding the wave of crazy growth, his account skyrocketed to $300,000 in three months. We all took turns advising him to cash out, but he kept staring at the screen with red eyes: "Break a million, then I'll withdraw. I'll be set for life."
No one could sway him. Half a year later, the market turned against him, and his account was left with just over $10,000—he didn't even hold onto his initial capital.
I also hit a wall during the 2021 bull run. Back then, my account soared to 1.8 million USDT. I started to go crazy, thinking every day about "doubling and then leaving." The market never plays by anyone's script. When I finally woke up, my account was down to 400,000 USDT. The days that followed, I couldn't sleep at night, replaying in my mind: "It would have been better to get out earlier."
That’s when I truly understood one thing—the peak of the market doesn’t matter at all; what matters is how much profit you can take with you when you finally exit.
Later, I set a strict rule for myself: when my position triples, I immediately take out half of the money. No matter how good the market looks, this rule applies.
Money is endless, but people's courage to bear risk is limited. In the crypto market, no one can perfectly get off at the peak—those who truly make money have already turned around and descended halfway up the mountain.