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Don't remind me again today

Someone asked how I went from 30,000 to 5 million? To be honest, being in this industry for five years without crashing is not due to any magical indicators, it all comes down to two words - know how to take profit.



I've seen too many people; when they first enter the market, everyone can chat a bit about technical analysis, but in the end, they all fall into the same pit: they are decisive in opening positions, but taking profits is as difficult as reaching for the sky. None of my old buddies around me have avoided paying tuition on this.

In that market cycle of 2021, I met a guy named Yang, who came in with 8,000 chips. He hit a good time, and in three months it rolled up to 150,000. We had a meal together at that time, and a few of us took turns persuading him to withdraw his capital first, even if he left half to continue playing.

As a result, this brother held up his wine glass, his eyes shining: "We're just getting started! I have to wait for it to rise to a million!"

I don't need to say much about what happened after that. The market turned around, 150,000 shrank to 40,000 first, and he copied the bottom; continued to fall to 10,000 and scolded; When there were less than 1,000 left, he didn't sleep all night, and the ashtrays were full. When it was dawn, he cleared the warehouse and left, and he was never seen bubbling in the group again. The flesh to the mouth, hard to watch it fly - this is the real cost of greed.

I wasn't doing much better myself. When the account reached 700,000, I watched the candlestick chart rise every day, feeling so great inside. I always thought the next wave would be even more powerful. Looking back now...
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RetiredMinervip
· 11-30 02:51
Old Yang's situation is truly a textbook example of a negative case; he couldn't even take out 150,000... What does this indicate? Take profit is a hundred times harder than technical analysis.
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DarkPoolWatchervip
· 11-30 02:42
I can really relate to this matter concerning Old Yang; going from 150,000 to 1,000... this is the price of greed.
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AirdropChaservip
· 11-30 02:38
Old Yang's situation is really amazing, can't hold onto 150,000, and still wants to double it, this mindset... I'll just quietly watch him crash.
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ProposalManiacvip
· 11-30 02:33
In simple terms, it's an issue of incentive mechanism design. Lao Yang's tragedy lies not in entering late, but in not establishing a clear take profit rule from the beginning—there's no game equilibrium, relying solely on gambling instincts. Your 700,000 wave is the same, lacking a governance framework for mandatory execution.
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NoStopLossNutvip
· 11-30 02:31
Old Yang is really outrageous this time, couldn't even hold on to 150,000, how inflated must this mentality be...
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