People often see me talking about "TP" - Take Profit in my videos. But many people may ask, 'When should TP be held?' and 'Should we continue to hold it?'? '' In fact, there is no standard answer to these questions. Because the most important thing is to ask yourself a few questions first ⸻ one ️⃣ Why should one hold onto it? Is it because of faith, fundamentals, or simply a desire to double your chances? Bitcoin, Ethereum Solana、ADA， Each reason for holding is different. First clarify 'why did you buy', then 'how long do you want to take it'. ⸻ two ️⃣ How much risk can you bear? Is it possible to use the money in hand in the short term? Can we accept a halving of the currency price? TP is not just a technical decision, but a balance between risk and reality. ⸻ three ️⃣ Is the liquidity good? On which exchanges? Small coins may have poor liquidity and cannot be sold even if they want to. Some coins have good liquidity but are not listed on mainstream exchanges, making them equally difficult to exit. ⸻ four ️⃣ Can the narrative last until next year? For example, the hottest narrative of the year is Perp DEX. But it's too internal, everyone is doing it, it's a bit like DeFi Summer back then. Or like predicting markets (Polymarket, Calsh, OpinionLab) - This year it has become popular, but next year it may face regulatory risks. The speed of narrative change is often faster than project iteration ⚡ ️ ⸻ five ️⃣ Team and funding status? Is there enough financing available? Does the product generate revenue? 90% of projects actually do not make money. Many teams spend 80% of their money after issuing coins, and cannot even sustain themselves for three years. Suggestion: Prepare at least 3-5 years of cash flow to survive the winter. ⸻ six ️⃣ Unlocking time and selling pressure. Most projects: 1-year lock up+3-year linear unlock. This means that if the coin is issued in 2024, 2025 is the peak period of selling pressure. Websites like TokenUnlocks should be frequently visited and not overlooked. ⸻ seven ️⃣ The overall environment and capital flow. There will only be more and more tokens in the market, But funding and attention will not increase proportionally. AI、 Robots and RWA, these new tracks, have absorbed a large amount of funds. The remaining liquidity will mostly focus on top projects. The underlying small coins are likely to become 'single player coins'. ⸻ eight ️⃣ Don't ignore your mindset. The market always makes people greedy and fearful. When it rises, I feel like I can get a little more, When it falls, I feel like I should TP earlier. But the fact is - no one can buy at the lowest and sell at the highest. You can consistently 'retain half of the profits', In the long run, we have actually won over 90% of the people. ⸻ nine ️⃣ Don't be kidnapped by short-term fluctuations. A day in the cryptocurrency market is equivalent to a month in traditional finance. Fluctuations are the norm, it doesn't mean you have to be led by emotions. Sometimes you don't sell, it's not because you dare not sell, But you know the reason why you bought it hasn't changed yet. On the other hand, sometimes when it's time to leave, we have to leave, You don't need to wait for anyone to give you instructions. ⸻ TP is a discipline and also a wisdom. Making money depends on luck, But the key to staying in the market is the 'exit strategy'. Whether you are a short-term trader or a long-term holder, Remember—— The market does not reward the smartest people, Only reward those who can survive. TP is always a personal decision. It's not that others shout too much and empty, but you have to ask yourself: Why do you hold it? How long can you hold on? Can you sleep? When the market is unstable, The most important thing is not how much you earn, But it's whether you can stay on the field. ⸻ Think about these questions, Perhaps we will know whether TP is appropriate or not.