Recently, SOL's performance has indeed been impressive, with prices steadily rising, and many holders should have seen profits. But at this point, it's better to stay calm, because many people, during such upward trends, are driven by greed and end up losing everything.
Instead of waiting for the market to reverse and then crying out, it's better to set your take-profit plan now. My suggestion is as follows:
**First round of take-profit**, do not close all positions. Choose a psychological target level and sell about one-third of your holdings first. What's the benefit of doing this? You lock in some gains, reducing fear, and remaining positions can be held more confidently.
**Hold the remaining position**, but reset your take-profit standards. Don't be lazy about setting this; many people neglect this step. If the market continues to break upward, you'll earn additional profits; if it starts to fluctuate or pull back, you'll already have a plan in place, avoiding panic.
When operating, remember two points: first, don't chase high prices blindly, as market reversals can happen within an hour or two. Second, always set a stop-loss; this isn't about giving up, but about protecting yourself. Even if there's a rebound later, having capital in hand gives you a chance to turn things around.
Honestly, in the crypto market, those who survive long-term are not relying on one big profit. Consistently earning small profits is much better than taking huge risks for a home run, which often results in worse outcomes. This round of SOL's trend is an opportunity—grab it, but don't let greed cloud your judgment.
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AlphaBrain
· 3h ago
That's right, greed is indeed the biggest killer. I've seen too many people crash and burn during these upward trends.
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I think taking profit at one-third is a bit conservative; it depends on individual risk tolerance.
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That last sentence really hit home. Those who survive long-term are never relying on a Hail Mary; instead, it's those who refuse to give up.
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Stop-loss is really crucial. Many people are unwilling to accept small losses, but big losses are the result.
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This wave of SOL is indeed good, but I think it's better to just watch now; entering too late feels risky.
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Every time it rises like this, I want to go all in, but every time I get stopped out, which is a bit frustrating.
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Wait, why is it that whenever it’s rising, everyone is taught how to take profits, but when it’s falling, no one dares to speak up?
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NoodlesOrTokens
· 13h ago
Greed is really the biggest killer in the crypto world. I've seen too many people go all-in during a rapid surge and get trapped and wiped out.
But on the other hand, the strategy of taking profits at one-third is indeed reliable. Securing gains and having that peace of mind is crucial for long-term survival.
Market reversal in just one or two hours? Forget it. I choose to trust my stop-loss line; at worst, I won't lose everything.
SOL has surged like this now. If I hadn't hesitated a few days ago about whether to add to my position, I would have acted. Trading plans really shouldn't be lazy.
Just want to ask, how high do you think this cycle can go before hitting the ceiling? Feels like there's still room?
One-time huge profit vs. repeated small gains—there's nothing wrong with that saying. Live long enough, you'll see everything. Truly.
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ContractTearjerker
· 13h ago
Sol's move this time is indeed tempting, but the old brother is right—taking profits when the time is right is really difficult.
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Setting stop-loss and take-profit orders is easy to talk about but really hard to execute; I've never set them.
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I've tried the one-third take-profit strategy, and it definitely makes me feel more at ease.
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Always waiting for a skyrocket, but then getting crushed when the trend reverses—discipline is essential.
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There's nothing wrong with what you said, but the hardest part is actually executing it.
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I bet that after they hear this, they'll still chase the high, haha.
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Protecting principal is truly the secret to long-term survival; too many people can't resist.
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Degen4Breakfast
· 13h ago
That's so true. I've seen too many people get greedy in this market and end up losing everything.
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SellTheBounce
· 13h ago
You're right, but I still think this rebound will eventually fall... It's wise to take out one-third now.
View OriginalReply0
AirdropHunterXiao
· 13h ago
You're not wrong; greed really is a silent killer. The last time SOL surged, I saw someone go all-in, only to be hit back and go bankrupt directly.
Recently, SOL's performance has indeed been impressive, with prices steadily rising, and many holders should have seen profits. But at this point, it's better to stay calm, because many people, during such upward trends, are driven by greed and end up losing everything.
Instead of waiting for the market to reverse and then crying out, it's better to set your take-profit plan now. My suggestion is as follows:
**First round of take-profit**, do not close all positions. Choose a psychological target level and sell about one-third of your holdings first. What's the benefit of doing this? You lock in some gains, reducing fear, and remaining positions can be held more confidently.
**Hold the remaining position**, but reset your take-profit standards. Don't be lazy about setting this; many people neglect this step. If the market continues to break upward, you'll earn additional profits; if it starts to fluctuate or pull back, you'll already have a plan in place, avoiding panic.
When operating, remember two points: first, don't chase high prices blindly, as market reversals can happen within an hour or two. Second, always set a stop-loss; this isn't about giving up, but about protecting yourself. Even if there's a rebound later, having capital in hand gives you a chance to turn things around.
Honestly, in the crypto market, those who survive long-term are not relying on one big profit. Consistently earning small profits is much better than taking huge risks for a home run, which often results in worse outcomes. This round of SOL's trend is an opportunity—grab it, but don't let greed cloud your judgment.