When is the right time to cash out? Few people in the crypto world can truly answer this question.



$ETH, $FHE, $ZEC...... Over the years, I've seen too many stories of accounts fluctuating. The real situation is often—it's not a lack of ability to make money, but a lack of courage to hit the brakes.

Back in 2019, I knew a friend who invested $20,000 and turned it into $300,000 in three months. The whole circle was applauding him. Every time I advised him, "Take your profits now." But he only had one number in his eyes—$1 million.

And what happened in the end? In less than half a year, his account evaporated to just over $10,000. He didn't even hold onto his initial principal.

I'm not just an observer of such dramas. During the 2021 market rally, my account once hit a daily high of over $1.8 million. At that time, I felt greed wrapped in rationality—I was thinking of doubling again and then pulling out.

But the market never follows anyone's script. When I turned around, my account was down to less than $400,000. I was trapped in insomnia, asking myself every night: If I had taken profits back then, how different would everything be... But everything was already set in stone.

That experience taught me a very painful lesson:

**In the crypto world, it's not about how dazzling your peak is, but how much real money you finally take back into the real world.**

Many people shout about wealth freedom every day, but they haven't even learned the basic lesson of "taking profits when it's good." Greed is like drowning—at first, you don't notice, but by the time you realize, you're already too deep.

Later, I set a strict rule for myself: when my position gains three times the profit, no matter what happens afterward, I take out half first. No bargaining, no "wait a bit longer." Only in this way can your heart not be enslaved by K-line numbers, and your account can stay stable.

Someone asked me how much money is enough. Honestly—money is indeed better the more, the merrier, but everyone's capacity to bear pressure and risk has a ceiling. The key is whether you can proactively move the profits into your wallet before the market pushes you down.

The most valuable lesson in crypto is: don't fantasize about perfectly timing the top. That moment simply doesn't exist. The most relaxed people are those who smartly get out before reaching the peak.

Non-farm payroll fluctuations, market sentiment swings—these will constantly test your psychology. The ones who consistently profit rely on this kind of rationality of "getting off halfway up the mountain."
ETH-0,92%
FHE21,93%
ZEC-1,08%
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GasFeeCriervip
· 15h ago
The moment it dropped from 1.8 million to 400,000, how desperate I must have felt... That's why I now take profits when things look good and can't afford to be greedy.
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CryptoSourGrapevip
· 15h ago
1.8 million to 400,000, now I just want to vomit when I see the candlestick chart... If I hadn't been so greedy back then, it would have been better.
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NotAFinancialAdvicevip
· 16h ago
At the moment when it dropped from 1.8 million to 400,000, I can imagine that feeling... even more heartbreaking than a liquidation, because the money was slipping away right before my eyes. The most heartbreaking part isn't how much I lost, but the phrase "If only I had withdrawn at that time."
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GateUser-44a00d6cvip
· 16h ago
1.8 million to 400,000, this is the reality of the crypto world. Every time I see stories like this, it hits hard.
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ruggedSoBadLMAOvip
· 16h ago
The part where the remaining 400,000 out of 1.8 million is really incredible. While watching this story, I was thinking... actually, we're all the same, greed is a disease that can't be cured.
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HypotheticalLiquidatorvip
· 16h ago
1.8 million to 400,000, this is the cost of not setting a proper liquidation price. A single non-farm payroll fluctuation can cause the mentality to collapse, indicating excessive leverage.
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FlyingLeekvip
· 16h ago
Really, I experienced that feeling of going from heaven to hell in 2021. Looking at this article now, it's hitting my sore spot. The key is that back then, greed was at play; I clearly should have gotten out but insisted on taking one more gamble. Thinking back to the period when my account dropped from 1.8 million to 400,000, I was constantly torn every day—that was true torment. Later, I set strict rules for myself: take half when tripling the profit. Although many times I felt uncomfortable seeing the prices still rising afterward, at least my sleep quality improved. The crypto world is like that—there are plenty of people making money, but only those who understand "take profits when you can" truly make it to the end. Non-farm payroll data and similar events come around every month to stir things up, but those with a good mindset have long since taken what they should, and the rest are just playing for fun.
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