#Strategy加仓比特币 The First Lesson in the Crypto Market: Peaks Only Exist in Imagination, Knowing When to Take Profits Is Key to Lasting Success

I have a deep impression of what happened in 2019. A friend started with $20,000, and within three months, his account skyrocketed to $300,000. We advised him to take profits when things looked good, but he stubbornly said, "As long as I hit a million, I’ll be free." What was the result? In less than half a year, his account shrank to just over $10,000, and he didn’t even keep his principal.

I’ve also fallen into this trap myself. During the 2021 bull market, my account reached a peak of 1.8 million USD. During that time, I only had one thought: if I double it again, I’ll cash out. But the market never follows our ideas. By the time I reacted, my account was down to $400,000. During those sleepless nights, I kept asking myself, "Why didn’t I withdraw earlier?"

This painful lesson led me to a thorough understanding: in the crypto world, how high you once was doesn’t matter; what matters is how much you can actually put into your wallet in the end.

Later, I set a strict rule for myself: when my position triples, I immediately take out half of the profits—no hesitation, no bargaining. Only by turning unrealized gains into real cash and putting it into my wallet can my mind avoid being hostage to the numbers on the screen, and can my account last longer.

People often ask, "How much is enough?" Honestly, there’s never enough money. But human psychological tolerance has a ceiling. The real test is whether you can lock in your profits before the market forces you to sell in a panic.

Bitcoin, Ethereum, altcoins—ups and downs are common. The key is whether you actively exit during this cycle or are forced to cut losses. That’s the difference between winners and most people.